Sensex Today: In the sectoral landscape, IT stocks led the gains as the Nifty IT index was up 1.52 per cent. The domestic stock markets opened in the green on Monday ahead of key macroeconomic data. The S&P BSE Sensex started at 35,287.49 and the Nifty50 index of the National Stock Exchange (NSE) at 10,607.80. […]
Category: Business
Rajan strongly opposed the idea of handing supervision of the government securities market to the stock-market regulator. Government and the central bank have had disagreements, but the relationship has never looked so irretrievably broken as it does now. Before the global financial crisis, the finance ministry saw the Reserve Bank of India as an incompetent […]
NEW DELHI: It appeared to be no less than a movie scene for over 160 passengers on board an aircraft when they saw customs officials entering the plane and carrying out an arrest and seizure operation of two alleged gold smugglers. The accused, who hail from Karnataka and Tamil Nadu, were travelling in a flight […]
Shamshabad: The Rajiv Gandhi International Airport (RGIA) has been upgraded with energy-efficient LED signage. The airport now is now dotted with smart LED lights. The switch from conventional halogen lighting system is expected to help save 1 lakh units of electricity every year and curb emissions of 81,000 kg of CO2. Airfield Ground Lighting Signage […]
The Finance Ministry said that GST refunds of ₹82,775 crore to exporters has been cleared as on October 31, which is 93.8% of the total such claims. The Ministry said ₹5,400 crore worth GST refunds were still pending with the government and being “expeditiously processed.” “As on October 31, 2018, total GST refunds to the […]
Sensex Today: The top five Nifty gainers were Vedanta, Sun Pharma, State Bank of India, Yes Bank, and HDFC. The domestic stock markets opened in the green on Tuesday, a day ahead of Diwali. The S&P BSE Sensex started at 35,076.24 as compared to Monday’s close of 34,950.92. The Nifty50 index of the National Stock […]
When Zhang Yiming first shopped the idea of a news aggregation app powered by artificial intelligence six years ago, investors including Sequoia Capital were sceptical. Back then, the question was how a 29-year-old locally trained software engineer could outsmart the numerous news portals operated by the likes of social media behemoth Tencent Holdings and extract […]
Panic over potential debt defaults in the shadow banking sector have caused corporate bond yields of NBFCs to rise. MUMBAI: The Reserve Bank of India (RBI) sought on Friday to ease a massive credit crunch affecting non-banking finance companies (NBFCs) by allowing banks to act as partial guarantors for some of their existing debt which […]
The latest Sebi ruling has been passed after the Securities Appellate Tribunal (SAT) directed it to pass a fresh order in the matter. NEW DELHI: Passing a fresh order in the nearly a decade-old Satyam scam, capital markets regulator Sebi or Securities and Exchange Board of India on Friday barred B Ramalinga Raju and three […]
Dalal Street cheered the return of foreign funds on Friday amid a rising rupee, falling crude oil prices and upbeat corporate earnings. Dalal Street cheered the return of foreign funds on Friday amid a rising rupee, falling crude oil prices and upbeat corporate earnings. At 2:06 pm, the S&P BSE Sensex traded above the crucial […]