Business

The decline is due to a 19 per cent dip in export of plastics raw materials -- from USD 2.23 billion to USD 1.8 billion --, particularly to China, India's biggest market.

Private banks including the world's largest wealth manager UBS have felt the effects of US-China trade tensions and global political uncertainties, as clients last year shied away from trading and taking on debt in favour of hoarding more cash.

Qatar Airways CEO Akbar Al Baker added that he is interested in buying a stake in IndiGo but this is not the right time as issues among promoters are yet to be resolved.

Godrej Consumer posted a sharp 28.4% decline in its Q2 consolidated profit at Rs 413.88 crore compared with Rs 577.73 crore a year ago, but the number was in line with market expectations.

The economic growth slowed to over six-year low of 5 per cent in April-June this fiscal. The government has been taking steps to boost investment and perk up the sagging economy.

Lower imports by the South Asian country could cap gains in global prices that are trading near their highest level in more than six years, and may also help New Delhi bring down its trade deficit and support the rupee.

FD rates vary from bank to bank and also depend on factors like the amount of deposit, duration and age of the investor.

Jio said the letter by COAI to the government did not represent the view of the industry and that the association was exploiting legitimate pay out obligations to create an “alarmist propaganda for the doom of the telecom industry”.

About 102 million shares of HDFC Life, representing 5.1% of the company’s paid-up equity, traded in multiple blocks on both BSE and the National Stock Exchange (NSE) on Wednesday.

After hitting a high of 40,178.12, the 30-share index ended 220.03 points, or 0.55 per cent, higher at 40,051.87. Similarly, the broader NSE Nifty jumped 57.25 points or 0.49 per cent to close at 11,844.10.

The private Maryland lab that found asbestos in Baby Powder under a contract with the FDA is run by a paid expert witness for Johnson & Johnson.

The Generalised System of Preference (GSP) is the largest and oldest US trade preference programme and is designed to promote economic development by allowing duty-free entry for thousands of products from designated beneficiary countries.

The bank said the board approval is subject to the nod of the shareholders, Reserve Bank of India, Securities and Exchange Board of India and other statutory authorities.

The traders have urged the states to conduct independent studies, evaluate the effects of e-cigarettes and arrive at a 'rational' decision.

Anant Korde had moved the Maharashtra State Consumer Disputes Redressal Commission after the company refused to pay him full refund upon cancellation of a Europe tour.

TCS, RIL , HUL, HDFC, ITC, ICICI Bank and SBI witnessed a jump in their market valuation for the week ended Friday, while HDFC Bank, Kotak Mahindra Bank and Infosys suffered losses.