Business
Rupee Slips From Early Gains, Down 5 Paise Against USD
The rupee slipped from its initial gains, declining 5 paise at Rs 68.18 against the US dollar in late morning deals.
Bharti AXA General Sells 2,500 Units of New Two-Wheeler Policy
He said normally 10 per cent of motor policies come for claim settlement before the company.
Demonetisation Will Cut Prices, But GDP Growth Will Take a Hit: Manmohan Singh’s Adviser
The demonetisation drive will help curb inflation and shore up the fiscal deficit but India can kiss bye to the GDP growth target of 8%, a top economic adviser to former Prime Minister Manmohan Singh told News18.
Demonetisation: Measures Taken by the Govt to Ease Cash Shortage
The big bang demonetisation scheme announcement by Prime Minister Narendra Modi on November 8 was supposed to go smoothly without a hitch. But the fallout has led to severe cash shortages in the economy and irate citizens.
Will do Whatever it Takes to Deal With Mistry Ouster: Tata Sons
Hardening its stand, Tata Sons on Sunday said its management will do whatever is required to deal with the situation arising out of the ouster of Cyrus Mistry and wanted its independent directors to ensure future of Tata companies and interest of all stak...
ATMs Tripled in Three Years But Cash-transporting Staff the Same
In the last three years the number of ATMs has almost tripled, while the number of people transporting the cash to ATMs has remained the same.
Your Wait for New Currency Will Get Longer. Here is Why
ATMs have to be recalibrated. Their software has to be rewritten; they have to be able to dispense the new Rs 2,000 note that are thinner and smaller.
Global Rebound, Banking Rally Lift Sensex by 265 Points
Market found its winning ways on Thursday as Sensex rose over 265 points and Nifty reclaimed the key 8,500-level on emergence of rally in bank stocks in anticipation of rise in deposits after withdrawal of high value notes and investors coming to terms wi...
Tata Sons Now Details Cyrus Mistry's Failures as Chairman
After replacing Cyrus Mistry as chairman of Tata Consultancy Services, the holding arm of the $103-billion empire issued a nine-page statement on Thursday, listing his alleged failures and hardly any contribution towards revenue growth and dividends.
Currency Clean Up: Housewives Needn't Worry, Jewellers To Be Cautious
Are you a housewife or worker who has queries about the aftermath of the demonetisation scheme? Here’s a simple guide, culled from the Finance Ministry’s press conference on Thursday.
Retailers, Hoteliers Refuse to Trade in Rs 500, Rs 1000 Notes
A day after Rs 500 and Rs 1000 denomination notes ceased to be legal tender, shops and other commercial establishments bid adieu to the high valued currencies amidst speculation that Rs 100 notes were being sold at a premium and Rs 1000 denomination being...
As Real Estate Tycoon Donald Trump Enters White House, Indian Property Markets Tank
The day a real estate moghul made it to the most powerful post in the world, realty markets tanked in India largely in line with the collapse of stockmarkets and currencies worldwide.
Withdrawal of Rs 500, Rs 1,000 Notes Can Create Problem for Common Man: Congress
Congress tonight raised several questions over government's "sudden" decision to withdraw from circulation notes of Rs 500 and Rs 1,000 denomination and expressed apprehension that it could create a lot of problems for traders, small-time businessmen and...
Rupee Recovers 5 Paise Vs Dollar in Opening Trade
The rupee edged higher by 5 paise to 66.69 against the US dollar in early trade on Tuesday on selling of the American currency by exporters and banks amid fresh foreign fund inflows.
GST Tax Structure to Bring Down Inflation, says Arvind Subramanian
The GST Councils decision to peg the tax rate on items of mass consumption at 5 per cent will bring down prices and soften inflation, said Chief Economic Advisor Arvind Subramanian
India Factory PMI Jumps in Oct to Highest Since Dec 2014
Indian factory activity expanded at its fastest pace in almost two years in October, boosted by a surge in output and new orders, but it came alongside a sharp rise in input costs and some pass on to end-consumers, a survey showed.