Business

  • Centre to announce measures for real estate this week

    New Delhi:  After a slew of reform measures announced in the past fortnight, the Central Government is likely to come up with major announcements to boost the real estate industry this week.…

  • Equities move in narrow range, Yes Bank jumps by 13 pc

    Mumbai: Equity benchmark indices moved in a narrow range amid cautious mood on Wednesday but traded in the green with an uptick in auto and metal stocks. The BSE S&P Sensex closed…

  • US stocks close mixed amid tepid tech shares

    New York: US stocks closed mixed on Tuesday, with the three major indexes posting slight changes, as the market was pulled back by an overall retreating tech stock sector, led by losses…

  • Markets open on positive note

    Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 37,251.03 and touched a high of 37,261.25 and a low of 37,222.60.…

  • App-based taxi adversely affected Auto sector: Finance Minister

    Chennai: Finance Minister Nirmala Sitharaman on Tuesday stated that the mindsets of millennial were adversely affecting the automobile industry as they prefer to use radio taxi services instead of buying own vehicle. “The automobile…

  • Auto, manufacturing firms shed one-third share value in a year

    Mumbai: The ongoing economic slowdown in the country has claimed the livelihood of lakhs of people. New projects and investments have been put on hold, while a revival could take longer as…

  • US stocks close mixed amid falling healthcare shares

    New York: US stocks closed mixed on Monday, as the market was weighed on declining healthcare stocks, yet supported by investors’ optimism about potential interest rate cuts by the US Federal Reserve.…

  • Sensex ends 163 pts higher, Nifty reclaims 11,000-mark

    Mumbai: The Sensex and Nifty closed higher on Monday in line with global markets, which gained on the back of stimulus measures taken last week by China aimed at easing pressures on…

  • Bajaj Housing Finance lowers home loan interest rates to 8.6 pc

    New Delhi: Bajaj Housing Finance on Monday lowered home loan interest rates to 8.6 per cent from 8.8 per cent for amounts up to Rs 30 lakh. Customers planning for home loan balance transfer can also…

  • SBI cuts lending rates, home loans to get cheaper

    Mumbai: Country’s largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points across all tenors and has also reduced…

  • Double whammy for auto sector as July exports dip

    Reverse Gear: August auto sales slump 23.55%

    New Delhi: The sales slump continued to dent the Indian automobile industry in August as the overall sectoral off-take in the domestic market plunged 23.55 per cent. The industry which is suffering from…

  • Oil majors to mull fresh cuts as trade war hits prices

    Dubai: Top oil producers will consider fresh output cuts at a meeting this week, but analysts are doubtful they will succeed in bolstering crude prices dented by the US-China trade war. The…

  • European equities mainly climb at open

    London: European stock markets mostly rose in opening deals on Friday, after another bright performance in Asia. In initial trade, London’s benchmark FTSE 100 index of major blue-chip firms weakened 0.2 percent…

  • Stocks gain after weak US job figures

    New York: Global stock markets posted modest gains on Friday while US jobs data pointed to a possible soft patch for the world’s top economy, dealers said. Eagerly awaited job creation numbers…

  • French court scales back charges in Lafarge Syria finance case

    NCLT begins insolvency proceedings against Raheja Builders

    New Delhi:  The National Company Law Tribunal (NCLT) has begun insolvency proceeding against the real estate firm Raheja Developers. As a part of the process, a public notice has been issued informing…

  • Real estate relief for stalled projects on the way: Sources

    New Delhi: The real estate sector relief expected this week may include solutions for stalled housing projects for the stressed home buyers where projects could not be completed due to funding issues,…

  • Double whammy for auto sector as July exports dip

    Double whammy for auto sector as July exports dip

    New Delhi: Already grappling with a domestic consumption slowdown, Indian automobile sector’s exports have also taken a hit in July, an industry analysis showed on Wednesday. According to the Engineering Export Promotion…

  • Expected growth measures to push Indian equities higher

    Mumbai: Expected growth-inducing measures along with attractive valuations will give an upward push to Indian equities during the upcoming weekly trade, market observers opined. Additionally, other factors such as the rupee’s movement, direction…

  • RBI working with regulators for securities lending product: DG

    Mumbai: The Reserve Bank of India is currently working with other financial sector regulators like Sebi, PFRDA and Irda to develop an interest rate market where mutual funds, pension and insurance funds…

  • JioFibre unlikely to disrupt mart: Emkay Global

    Mumbai: Reliance Jio Fibre is unlikely to disrupt the market as the much-awaited pricing and offerings under various plans are not disruptive compared with peers, analyst firm Emkay Global has said. Lack of…

  • RBI working with regulators for securities lending product: DG

    Mumbai: The Reserve Bank of India is currently working with other financial sector regulators like Sebi, PFRDA and Irda to develop an interest rate market where mutual funds, pension and insurance funds could…

  • 3 day Industrial and Engineering Expo to kicks off in Hyderabad

    3 day Industrial and Engineering Expo kicks off in Hyderabad

    Hyderabad: The 5thEdition of 3 Days Industrial and Engineering Expo(Indexpo)-2019 kicks off in Hyderabad at Hitex on Friday. The three-day exhibition will conclude on Sunday. It is organized by Indore Infoline Pvt Ltd. …

  • Auto industry value chain pins hopes on healthy festive sales

    New Delhi: Faced with a consumption slowdown along with the high cost of finance, the country’s automobile industry’s value chain expects a partial turnaround during the upcoming festive season and the recent…

  • US stocks close mixed amid Powell’s speech, data

    New York: US stocks closed mixed on Friday as investors digested Federal Reserve Chairman Jerome Powell’s speech as well as major economic data. The Dow Jones Industrial Average was up 69.31 points,…

  • Hyderabad gets 'Angel' investor' for startup ideas

    Hyderabad gets ‘Angel’ investor’ for startup ideas

    Hyderabad: Mahesh Foundation, a non-profit organisation on Saturday launched its ‘angel funding’ programme known as ‘Marwari Angels’ with over 80 startup proposals which are to be incubated in Hyderabad. The initial 12-month…

  • Zomato

    Zomato lays off 541 staffers

    Food delivery platform Zomato on Saturday said that it has laid off 541 people — 10 per cent of the company’s strength — across customer, merchant and delivery partner support teams. The…

  • Business-Slowdown

    Slowdown Blues in India

    SGB fixed at Rs.3,890/gram The issue price for the next subscription period for Sovereign Gold Bonds 2019-20 has been fixed at Rs.3,890 per gram with Settlement on September, 2019. As per the…

  • 'Holdings of gold-backed ETFs hit all-time high'

    All that glitters is not gold

    NEW DELHI: Recent financial news headlines have seen some concern with India’s gold imports and the fact that a significant component of domestic savings is “exported” abroad, which could probably be utilised…

  • Centre open to raise auto sector’s plea at GST Council

    New Delhi: The central government is open to take the industry’s proposal on reducing the Goods and Services Tax (GST) on automobiles to the GST Council. Speaking at the ACMA annual convention here…

  • India business summit in Singapore from Monday

    New Delhi: On completion of the Modi government’s 100 days in its second term and Prime Minister Narendra Modi’s vision to make India a five-trillion-dollar economy by 2024, the High Commission of…

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