Business

  • Sensex up over 200 points, rupee gains 30 paise

    Mumbai: Defying the global markets, the benchmark Sensex gained over 200 points during the afternoon trade session on Friday as financial stocks gained. In addition, the sentiments were lifted as the Indian…

  • Global oil, gas industry heads into 2019 on steady footing: Moody’s

    New York: A newly released report by Moody’s on global oil and gas has outlined credit analysts’ themes for the industry heading into 2019, even as it faces risks from oversupply. As…

  • Japan stocks open lower after Wall Street rout

    Tokyo: Tokyo stocks opened sharply lower on Friday, with the benchmark Nikkei stock index tracking an equities rout on Wall Street overnight sparked by Apple Inc lowering its sales outlook and concerns…

  • Chinese yuan edges up to 6.8586 against US dollar

    Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 45 basis points to 6.8586 against the US dollar Friday, according to the China Foreign Exchange Trade System.…

  • Sensex, Nifty open in green

    Mumbai: Sensex on Friday opened higher in sharp contrast to the global markets which suffered heavy losses as slowdown concerns magnified after a weak US factory data outcome. Earlier Chinese factory data…

  • Sensex down 317 points over weak global cues

    Mumbai: Amid weak factory data from China and India earlier in the week fueling concerns of a slowdown in global growth and a sustained weakness in the domestic currency pulled the benchmark…

  • M&M’s December sales up just 1% on tight liquidity

    Mumbai: Automobile major Mahindra and Mahindra (M&M) on Tuesday reported a meagre 1 per cent rise in its total vehicle sales for December 2018, owing to tight liquidity and low buying sentiment…

  • HDFC to consider raising Rs 45,000 cr via issuance of NCDs

    Mumbai: The HDFC’s Board will consider raising Rs 45,000 crore through issuance of secured redeemable non-convertible debentures (NCDs). Accordingly, the company’s Board will consider the issuance of NCDs on private placement basis…

  • Key Indian equity market indices open in green

    Mumbai: The key Indian equity market indices on Thursday opened higher despite a muted trend in Asian markets. The Sensitive Index (Sensex) of the BSE, which had closed at 35,891.52 points on…

  • Chinese shares open lower, yuan weakens

    Beijing: Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.14 per cent to open at 2,461.78 points. The Shenzhen Component Index opened 0.21 per cent lower at…

  • Chinese yuan edges lower against US dollar

    Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, weakened 149.00 basis points to 6.8631 against the US dollar Thursday, according to the China Foreign Exchange Trade System.…

  • US dollar gains amid global growth fears

    New York: The US dollar rose as weak economic data from some major economies caused concerns over global growth, sparking demand for safe havens. After accounting for seasonal factors, the IHS Markit…

  • Global cues, fund outflows, auto stocks pull equity indices down

    Mumbai: The Indian equity market ended in the red on Wednesday, in line with global indices, over fears of a worldwide slowdown in economic growth. In addition, outflows of foreign funds, a…

  • Madras High Court lifts ban on online sale of medicines

    CHENNAI: The Madras High Court on Wednesday allowed online pharmacies to sell drugs and cosmetics, staying an earlier order. A two-member bench of the court said the earlier direction to the Central…

  • Cabinet nod for merging Dena Bank, Vijaya Bank with Bank of Baroda

    NEW DELHI: The Union cabinet on Wednesday approved the merger of public sector lenders Dena Bank, Vijaya Bank with Bank of Baroda (BoB). Briefing reporters following the cabinet meeting, Law Minister Ravi…

  • Power-Electricity

    MERC nod to extend BEST, Tata Power agreement for 5 years

    MUMBAI: The Maharashtra Electricity Regulatory Commission (MERC) has given the green light to BrihanMumbai Electric Supply & Transport Undertaking (BEST) to extend its existing power purchase agreement with Tata Power Co. Ltd.…

  • Hyundai’s December sales up 4.8%; 2018 off-take higher by 4.7%

    New Delhi: Automobile major Hyundai Motor India on Tuesday reported a 4.8 per cent rise in its overall sales, including exports, for December 2018. According to the company, the overall sales rose…

  • Equity indices open in red, Sensex down over 100 points

    Mumbai: The key Indian equity indices opened in the negative territory on Wednesday with the S&P BSE Sensex losing over 100 points. Auto and metal stocks witnessed heavy selling pressure on the…

  • Chinese yuan edges up to 6.8482 against US dollar

    Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 150 basis points to 6.8482 against the US dollar on Wednesday, according to the China Foreign Exchange Trade…

  • Coal India production up 7.4%, off-take up 5.5% in 9 months

    Kolkata: Coal India Ltd on Tuesday said its production grew by 7.4 per cent to 412.45 million tonnes (mt) during the first nine months of the current financial year, while its off-take…

  • RBI allows restructure of defaulting MSME loans up to Rs 25 cr

    Mumbai: In a measure of relief for the troubled micro and small industries segment, the RBI on Tuesday permitted a one-time restructuring of existing loans that are in default but “standard” as…

  • GST collections slip to Rs 94,726 crore in December

    New Delhi: Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs 94,726 crore in December from Rs 97,637 crore collected in November despite a…

  • Petrol prices dip below 2018 levels

    New Delhi: Petrol prices fell nearly 20 paise to Rs 68.65 a litre in Delhi on Tuesday to touch the lowest levels in over a year across the four metros. Petrol price…

  • GST collections fall to Rs. 94,726 crore in December

    New Delhi: Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs. 94,726 crore in December from Rs. 97,637 crore collected in November despite a…

  • Sensex ends in green after last hour pull-back

    Mumbai: Sensex closed over 180 points higher from the previous close after a sharp recovery in the final hour of the trade on Tuesday, thereby regaining the 36,000 mark. Both the key…

  • Sensex surrenders 36,000 mark, down 120 pts

    Mumbai: The Sensex slid below the 36,000 mark during the afternoon trade session on Tuesday, as it erased over 120 points from its previous close. At 1.07 p.m., the S&P BSE Sensex…

  • Sensex, Nifty open flat; financials in red

    Mumbai: Key Indian equity indices opened flat on Tuesday as index pivotals — finance and banking stocks — witnessed selling pressure. However, oil and gas sector gained. The S&P BSE Sensex opened…

  • Toyota India sales grew 10% in December

    Bengaluru: Reversing the monthly trend, Japanese global car maker’s joint venture (JV) Toyota Kirloskar Motor (TKM) on Monday said its domestic sales grew 10 per cent in December over the same period…

Back to top button