Business

The notice issued by the DoT on Monday said the bid evaluation will be in three parts -- pre-qualification, technical and financial.

Women's Equality Day was first celebrated in 1920 when Secretary of State Bainbridge Colby signed the proclamation granting American women the constitutional right to vote.

India is the world's biggest importer of vegetable oils, buying nearly $10 billion worth a year, its biggest import after crude oil and gold.

Bringing the rupee under more pressure, the global crude benchmark Brent Futures rose 0.75 per cent to trade at $60.75 per barrel on Thursday.

Crude oil imports into the world's third-largest consumer declined 1.2% from a year earlier to 19.34 million tonnes but increased 14.6% from the previous month.

Meanwhile, in the international market, spot gold was trading lower at 1,496.60 an ounce in New York and silver was down at USD 16.93 an ounce.

The over 12,000-odd non-banking financial institutions, coupled with their housing finance peers have been under severe stress following the bankruptcy of one of the largest players IL&FS group last September.

At around 11:15 am, the NSE Nifty index was trading at 11,114.50 up 0.60 per cent while the BSE Sensex was 260.10 or 0.70 percent 37,610.49.

Forex traders said positive opening in domestic equity market and Donald Trump's chief economic advisor comments that the US and China are seeking to revive trade talks supported the rupee.

The Reserve Bank said it is being done in order to boost credit to the needy segment of borrowers. As per the revised norms, on-lending by NBFCs for 'term lending' component under agriculture will be allowed up to Rs 10 lakh per borrower.

As per the data released by the Central Statistics Office (CSO), the inflation in the food basket was 2.36 per cent in July, marginally up from 2.25 per cent in the previous month.

The deal, which is in a very early stage, would allow the company to conduct required due diligence going forward.

Bharti Airtel shares declined nearly 7% to Rs 346.15, while Vodafone Idea shares tumbled 10% to Rs 4.80 in intra-day trade on Tuesday.

India's rice exports in 2019/20 are likely to fall to their lowest level in seven years, as weak demand from African countries weighs and shippers absorb the absence of government incentives that supported previous sales.

In the latest June quarter, SpiceJet posted a total income of Rs 3,145.3 crore compared to Rs 2,253.3 crore in the corresponding period a year ago, according to a release.

The higher tax surcharge on the super-rich - that came into force with the President signing the Finance Bill (2), 2019 into law on August 1 - flustered FPIs and resulted in withdrawal of funds worth $1.93 billion in July.