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Updated: 2 hours 24 min ago

Urjit Patel steps down from RBI Governor post citing personal reasons

Mon, 12/10/2018 - 11:47
Announces his decision in a statement posted on RBI's official website

Breaching borders and beating tax, India's gold smugglers get creative

Mon, 12/10/2018 - 11:28
The Directorate of Revenue Intelligence arrested four people last week for smuggling in 66 kilograms of gold, worth about Rs 210 million rupees, and seized fours cars.

Foreigners turned net buyers of Asian shares in November

Mon, 12/10/2018 - 09:54
(Reuters) - Foreigners were net buyers of Asian equities in November, data from seven regional stock exchanges showed, as investors were optimistic that Sino-U.S. trade tensions would ease and the U.S. Federal Reserve would hike interest rates fewer ...

Walmart India COO quits; Sameer Aggarwal appointed chief business officer

Mon, 12/10/2018 - 09:40
The company said, Aggarwal, who joined Walmart India in April this year, will continue to report directly to Walmart India President and CEO Krish Iyer

Rajasthan BJP leader, supporters booked for polling day violence in Bikaner

Mon, 12/10/2018 - 09:30
Rajasthan voted for 199 seats of its 200-member Assembly on December 7 and results will be declared on Tuesday

Kotak Bank moves HC against RBI over promoter shareholding dispute

Mon, 12/10/2018 - 09:25
RBI had turned down Kotak Bank's stake dilution plan through non-convertible preference shares

Property titan Xu Jiayin overtakes Alibaba's Jack Ma as China's richest man

Mon, 12/10/2018 - 09:16
Evergrande Group owner Xu Jiayin's fortune of about $42.5 billion puts him ahead of Jack Ma ($35.4 billion) and Tencent founder Pony Ma Huateng ($35.3 billion)

Onion price slump adds to farm distress, sharpens Modi's election stakes

Mon, 12/10/2018 - 08:50
A growing disenchantment with the faltering profitability of farming has emerged as a political variable. But how much of a risk does it pose to the government?

Huawei CFO cites health issue in bail bid, offers $12 mn home as collateral

Mon, 12/10/2018 - 08:45
The 46-year-old mother of four, accused of guiding a global effort to mask violations of sanctions on sales to Iran, has languished in jail since her arrest

Maruti drives past 500,000 cumulative sales mark for CNG models in 8 yrs

Mon, 12/10/2018 - 08:20
MSI's range of factory-fitted CNG vehicles are popular in Delhi NCR and across select cities in states of Gujarat, Maharashtra, Andhra Pradesh, Telangana, Odisha, UP and Punjab

Jet Airways extends fall as ICRA downgrades credit rating

Mon, 12/10/2018 - 08:15
The stock slipped 6% to Rs 258 on Monday, extending its previous week's 10% decline, after the rating agency ICRA on Friday downgraded cash-strapped airline's long-term ratings from 'B' to 'C'.

NSEL case: Rahul, Priyanka rented out property to Jignesh Shah firm in 2013

Mon, 12/10/2018 - 07:30
Both FTIL and the Congress, however, clarified that this was nothing but a 'routine business transaction'

RLSP Chief Upendra Kushwaha quits NDA, resigns as union minister

Mon, 12/10/2018 - 07:24
Upendra Kushwaha was the minister of state for human resource development

Chart check: 10 Nifty stocks that can slip further from the current levels

Mon, 12/10/2018 - 07:21
Here are a few stocks that can head down over the next few sessions as per their technical chart patterns

How Opec and its allies seek 'nirvana of balance' with reduced oil output

Mon, 12/10/2018 - 07:08
The market will now get to deliver its verdict on whether OPEC has once again baked a magic pudding that will allow crude prices to rise, but not so high that demand is threatened

Direct tax collections surge 15.7% to Rs 6.75 trillion in April-November

Mon, 12/10/2018 - 06:55
Gross collections in corporate income tax (CIT) and personal income tax (PIT) grew 17.7 per cent and 18.3 per cent, respectively

4 reasons why the Sensex tanked nearly 700 points on Monday

Mon, 12/10/2018 - 06:35
The S&P BSE Sensex lost over 600 points, or nearly 2 per cent, in intra-day trade on Monday. The 50-share Nifty, on the other hand, slipped nearly 200 points to test the 10,500 mark

The US has Huawei in cuffs, but China has American industry in chains

Mon, 12/10/2018 - 06:25
Concerns over the immediate future of Huawei Technologies Co with its CFO under arrest, are well warranted

Ashoka Buildcon up 11% on receipt of LoA from Rail Vikas Nigam

Mon, 12/10/2018 - 06:16
Shares of Ashoka Buildcon rose as much as 11 per cent to Rs 133 apiece on National Stock Exchange (NSE) in intra-day trade on receipt of Letter of Acceptance (LoA) from Rail Vikas Nigam Limited (RVNL)

Passenger vehicle, car sales decline; two-wheeler sales rise in Nov: SIAM

Mon, 12/10/2018 - 05:45
Vehicle sales across categories registered a rise of 5.03 per cent to 20,38,015 units from 19,40,462 units in November 2017