Business

  • Sensex ends 136 points down over growth concerns

    Mumbai: Sensex and Nifty ended lower on Tuesday in line with global markets over concerns of global growth as the International Monetary Fund (IMF) cut its GDP growth forecasts citing concerns over…

  • Toyota, Panasonic announce electric car battery tie-up

    TOKYO: Toyota announced on Tuesday it was creating a joint venture with Panasonic to develop batteries for electric cars, as the Japanese auto giant ramps up its ambitions for electric-powered vehicles. The…

  • TVS Motor logs Rs 178 cr PAT in Q3

    Chennai: Two- and three-wheeler maker TVS Motor Co on Tuesday said it closed the third quarter of the current fiscal with 15.5 per cent growth in its net profit at Rs 178.4…

  • Sensex down 200 points, Auto stocks shed 1%

    Mumbai: The Sensex shed over 200 points during the afternoon trade session on Tuesday over negative global cues. Markets globally reacted negatively after the International Monetary Fund (IMF) cut its global growth…

  • Bigo Live annual Awards honour 37 of India’s best-performing live streamers

    New Delhi: Some of India’s most popular live-streamers, including singers, dancers, hosts and lip-syncing artists, emerged winners at the 2018 edition of Bigo LIVE Annual Awards. As many as 37 winners were…

  • OLX strengthens presence in India’s real estate, doubles its business seller base in 2018

    New Delhi: OLX, India’s largest online classifieds marketplace for Auto, Real Estate and Goods and Services with 40 million monthly active users, has strengthened its position in the real estate category with…

  • Bajaj to launch electric scooters soon

    New Delhi: Having established a global presence in the motorcycle market, Bajaj Auto is planning a comeback in the scooter segment and will soon launch an electric scooter in the Indian market,…

  • Indian equities open lower despite good GDP forecast

    New Delhi: Equity benchmarks opened lower on Tuesday with market breadth leaning in favour of sellers. At 10:00 hrs, the S&P BSE Sensex Index was down 140.89 points or 0.40 percent at…

  • Chinese shares open lower; yuan weakens

    Beijing: Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.03 percent to open at 2,609.64 points. The Shenzhen Component Index opened 0.14 percent lower at 7,615.80 points,…

  • US dollar weakens as global growth worries linger

    New York: The US dollar weakened slightly amid lingering worries about a global slowdown. In late New York trading on Monday, the euro was unchanged at close to $1.1369 from $1.1369 in…

  • Sensex down 130 points minutes after opening in green

    Mumbai: The S&P BSE Sensex declined around 130 points minutes after opening on a positive note on Tuesday, tracking weakness in the major Asian markets. The NSE Nifty50 also traded over 40…

  • Sensex ends 192 points higher,rupee declines further

    Mumbai: Amid healthy third quarter earnings, the Sensex and Nifty ended on a firm note on Monday in tandem with the Asian markets. “Global markets were mixed as Asian markets chalked gains…

  • SBI says aberrations in NSSO rural data collection methodology

    Mumbai: State Bank of India (SBI), in its latest report, says that there are aberrations in NSSO new rural data collection methodology which are likely to obfuscate India’s monetary, fiscal policy choices.…

  • LIC completes 51% acquisition in IDBI Bank

    Mumbai: State-run Life Insurance Corporation of India (LIC) on Monday completed its acquisition of 51 per cent stake in the financially-stressed IDBI Bank, according to a regulatory filing by the bank. In…

  • US stocks rise again on hopes of trade deal

    New York: Wall Street stocks pushed higher on Friday as optimism over a potential US-China trade agreement offset mixed earnings reports from Netflix and others. About 35 minutes into trading, the Dow…

  • Tokyo stocks close higher

    Tokyo: Tokyo stocks closed higher on Monday, extending global rallies as optimism grew over a breakthrough in efforts to defuse a US-China trade war. The benchmark Nikkei 225 index rose 0.26 percent…

  • In last 4.5 years, India’s debt increased by 49% to a whopping Rs 82 lakh cr

    NEW DLEHI: Total liabilities of the government have increased 49 per cent to Rs 82 lakh crore in the last four-and-half years during the Narendra Modi government, as per the 8th Edition…

  • Uber exploring autonomous bikes, scooters option

    San Francisco: Resuming its self-driving programme, global ride-sharing major Uber has hired a “micro-mobility robotics” team to work on autonomous bikes and scooters. The company is working to develop electric scooters and…

  • India should be an APEC member: Australian Shadow Trade Minister

    New Delhi: With trade becoming fundamental for global peace and stability and preventing the US-China kind of trade wars, it is vital to push for an Indo-Pacific free trade zone like the…

  • China’s economic growth rate slowest since 1990

    Beijing: China’s economy grew 6.6 percent in 2018, the weakest annual performance since 1990, confirming a slowdown in the world’s second-largest economy that could threaten global growth, according to official data on…

  • Sensex opens higher then trades flat

    Mumbai: The Sensex and Nifty on Monday traded on a flat note after opening marginally higher. The financial and industrial stocks slipped in the red while the energy sector gained. The Sensex…

  • SBI raises US $1.25 billion funds through bonds from overseas market

    Ahmedabad: SBI Chairman Rajnish Kumar on Saturday said that India’s largest public sector lender has raised the US $ 1.25 billion through bonds from the overseas market. Kumar said: “State Bank of…

  • CBDT refutes media reports about en masse issuance of prosecution notices to TDS defaulters

    New Delhi: The Central Board of Direct Taxes (CBDT) on Sunday refuted reports regarding en masse issue of prosecution notices to small companies for TDS default, terming them as “completely misleading and…

  • Tokyo stocks open higher on Wall St gain, lower yen

    Tokyo: Tokyo stocks opened higher on Thursday with investor sentiment buoyed by gains on Wall Street and a lower yen. The benchmark Nikkei 225 index rose 0.52 percent or 105.36 points to…

  • Hong Kong stocks extend gains at open

    Hong Kong: Hong Kong stocks rose in the first few minutes of trade on Thursday, building on the previous two days’ gains, after a positive start to the US corporate reporting season.…

  • Tokyo stocks open higher on US-China trade rumours

    Tokyo: Tokyo stocks opened higher on Friday, tracking gains on Wall Street as investors took heart from a report the US could lift trade tariffs on China. The benchmark Nikkei 225 index…

  • Hong Kong stocks rally into break on trade hopes

    Hong Kong: Hong Kong stocks rose almost one percent in the morning session Friday, in line with a global advance after a report said the US was considering lifting tariffs on China…

  • 2019: A propitious year for the real estate market

    New Delhi: The year 2018 has been a resuscitating year for real estate in our country. Housing sales have shown an emergence in its sales with the preoccupation of the real estate…

  • Mercedes-Benz India sales volumes grows by 1.4%

    Pune: Luxury car maker Mercedes-Benz India’s 2018 sales volumes inched up by 1.4 per cent amidst strong macro-economic headwinds in the second half of the year. According to the firm, sales increased…

  • HDFC Bank’s Q3 net profit up 20%

    Mumbai: HDFC Bank on Saturday reported a 20.32 per cent increase in its net profit for the October-December quarter, on a year-on-year basis. Its net profit for the third quarter (Q3) of…

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