Other Stories

Former Reserve Bank of India Governor C. Rangarajan. Photo: IANS)
Economy booster package should look at raising capital expenditure: Former RBI governor

The most important thing is to address the problems that may be preventing private investment from rising, C Rangarajan said.

22 Sep 2017

Sebi. (File Photo | Reuters)
Tax evasion via stocks: Sebi lifts market ban on 244 entities

Sebi has lifted trading ban on 244 entities which came under the scanner for alleged misuse of stock market platform for tax evasion, saying it did not find any "adverse evidence" against them.

22 Sep 2017

Image used for representational purpose only.
Gold prices rebound Rs 350 on global cues, weak rupee

Gold prices recovered by Rs 350 to Rs 30,850 per 10 grams at the bullion market today, taking positive cues from the global market amid rupee falling to five-month low.

22 Sep 2017

Deadline to file transitional credit under GST extended to October 31

The government has extended to October 31 the deadline for businesses to file transitional credit claims under the Goods and Services Tax system, an official notification said.

22 Sep 2017

Finance Minister Arun Jaitley  | Shekhar Yadav
Jaitley pledges to find resources to support debt-laden banks

India will make efforts to find resources to support debt-laden banks to help them fund economic growth, Finance Minister Arun Jaitley told a meeting of bankers on Friday.

22 Sep 2017

Niti, IRF to work on policy for transportation systems 

Government think tank Niti Aayog today said it has signed an agreement with the Geneva-based International Road Federation for designing a policy framework for intelligent transportation systems (ITS)

22 Sep 2017

Image for representational purpose only.
I-T dept asks taxpayers to update self-information on e-filing portal 

The Income Tax Department has asked taxpayers, who file ITRs and conduct other I-T businesses online, to update their profiles and vital details on the official e-filing portal.

22 Sep 2017

Image for representational purpose only. (File photo | Reuters)
Dabur India ties up with Amazon for online ayurveda marketplace

The company, which will also offer consumers an insight into various ayurvedic medicines for treating a variety of ailments, said the idea is to service all health care related needs.

22 Sep 2017

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai, India. (File photo | Reuters)
SBI Life Insurance Company IPO oversubscribed 1.43 times on final day

The IPO, which aims to raise Rs 8,400 crore, received bids for 12,64,70,379 shares against the total issue size of 8,82,00,000 shares, data available with the NSE till 1245 hours showed.

22 Sep 2017

Reliance Home Finance shares get listed. (File photo)
Reliance Home Finance shares list on NSE, BSE

The company had earlier announced all shareholders of Reliance Capital Ltd have already received one free share of Reliance Home Finance Ltd for every share held in Reliance Capital.

22 Sep 2017

A China yuan note is seen in this illustration photo. (File photo | Reuters)
S&P downgrades China economy, says rising debt is stoking economic, financial risks

The downgrade comes as Beijing grapples with the challenges of containing financial risks stemming from years of credit-fuelled stimulus to meet ambitious government economic growth targets.

22 Sep 2017

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. (File photo | Reuters)
Sensex drops 253 points, Nifty below 10,050 in late morning trade

This follows across the board sell-off led by realty, bank, financials and capital goods stocks after renewed threat of North Korea conducting another hydrogen bomb test.      

22 Sep 2017

An Indian one rupee coin is seen in this picture illustration taken in Mumbai. (File photo | Reuters)
Rupee pares initial losses, down 23 paise at 65.04 against US Dollar

Persistent FII outflows and US Federal Reserve rate hike this year is affecting the rupee, a dealer said.

22 Sep 2017

Boeing logo
Boeing sees growth in demand for aeroplanes in Southeast Asia

Boeing Co said it sees demand for new aeroplanes worth $650 billion in Southeast Asia over the next two decades.

22 Sep 2017

Mark Zuckerberg | AP
Facebook to overhaul political advertisements after threat of U.S. regulation

Facebook Inc launched an overhaul of how it handles paid political advertisements, giving a concession to U.S. lawmakers who have threatened to regulate the world's largest social network.

22 Sep 2017

A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. |Reuters
Sensex losses mount as rupee hit four month low

The BSE Sensex slumped about 232 points to 32,138.25 points in early trade today on heavy selling in banking, financial, capital goods and FMCG stocks.

22 Sep 2017

A police officer stands guard in front of the Reserve Bank of India (RBI) head office in Mumbai, India. (File photo | Reuters)
RBI move on P2P lending companies may affect small players, say experts

The RBI proposal, experts say, might cripple the operations of small players who won’t be able to comply with some of the new requirements such as keeping net available funds of Rs 2 crore.

22 Sep 2017

A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo. (File photo |  Reuters)
Use forex reserves to stimulate economic growth: Report

India’s forex reserves could be the answer to the Centre’s conundrum on how to maintain fiscal discipline while keeping up public sector investment vital for GDP growth.

22 Sep 2017

VIP Clothing to target premium segment to spur growth

The innerwear company, which has 15-20 per cent share in the organised men’s innerwear market, is working on infusing new funds and also focusing on distribution and branding strategies.

22 Sep 2017

Image for representational purpose only. (File photo | Reuters)
Finance Ministry considering stimulus for construction equipment industry: Sources

The government is likely to provide necessary stimulus to the heavy construction equipment market mainly to drive residential, commercial and industrial development.

22 Sep 2017

Tata Nexon. (Photo courtesy: Tatamotors.com)
Tata Motors unveils Nexon to take on Vitara Brezza

Priced at Rs 5.85 lakh to Rs 9.45 lakh ex-showroom New Delhi, the car is Tata’s challenge to the already entrenched Maruti Suzuki Vitara Brezza and Ford EcoSport.

22 Sep 2017