Business
News18 Rising India Summit | Govt Shouldn't Have 'Heavy Hand' Over Economy, Says Paul Krugman
The economist, who was speaking during the News18 Rising India Summit, said that when people talk about South Asia, they refer to China but India is part of this story as well.
Sensex, Nifty Turn Choppy; Metal Stocks Fall
The NSE Nifty slipped 18.95 points, or 0.19 per cent, to trade at 10,176.20.
UBI Issues Guarantees of Rs 155.5 Crore to NSIC After ED Files Money Laundering Case
The Enforcement Directorate officials had registered a money laundering case in connection with an alleged scam of over Rs 1.73 billion in the state-run United Bank of India in 2016, related to an FIR filed by the West Bengal CID.
White House Says Bilateral Trade a Big Friction in India-US Ties
Noting that there had been concerns raised about the trade deficit with India, the official said it had come down slightly more recently, based largely on India's imports of US energy.
High GST Threatening Aluminium Recycling Units: Industry
The All India Non-Ferrous Metal Exim Association represents the aluminium recycling industry and largely depends on imported metal scrap.
No Proposal Under Consideration to Discontinue Rs 2,000 Note, Says Govt
"There is no proposal under consideration of the government to stop Rs 2,000 note," Minister of State for Finance P Radhakrishnan said in a written reply in the Lok Sabha to a question whether the finance ministry has any plan to stop the note in near fut...
Sensex Dives 510 Points on Growing Political, Trade Worries; Slides for 4th Day
Sentiment suffered a setback following fresh development on the political front after a key NDA ally, TDP, decided to quit the alliance and moved a no-confidence motion notice against the government, accelerating the selling pace by participants, brokers...
Numetal Ready to Buy Out Rewant Ruia; Claims Their Bid For Essar Steel Fully Legit
The shareholders of the Mauritius-based Numetal, a special purpose vehicle that focuses on steel and infra space along with manufacturing, are VTB Capital, the private equity arm of the Russian state-owned VTB Bank; Russian steel and engineering major TPE...
Sensex Extends Losses, Down 66 Points; Nifty Below 10,400
The BSE 30-share index slipped 66.48 points, or 0.19 per cent, to 33,769.26. The benchmark had lost 82.20 points in the previous two sessions.
China to Merge Regulators, Create New Ministries in Biggest Revamp in Years
China will also transfer some of the banking and insurance regulators' roles to the central bank, the document showed, in a long-awaited move to streamline and tighten oversight of the financial system in the world's second-biggest economy.
Sensex Rallies 301 points Ahead of IIP, Inflation Data
Asian markets too were trading in the green on strong cues from Wall Street after a better-than-expected US jobs report on Friday.
Heads of 23 Nations to Attend International Solar Alliance Summit
President Ram Nath Kovind will co-host the summit with French President Emmanuel Macron. It will focus on various aspects of promoting solar energy in the 121 countries associated with International Solar Alliance (ISA).
India Imposes New Restrictions on Trade With North Korea: Government Statement
The new restrictions are mainly on "new or used vessels", food and farm products, electrical equipment and wood, the government said in the statement.
Sensex Slips 133 Points; Nifty Below 10,200 Mark in Early Trade
The BSE 30-share index slipped by 132.83 points, or 0.39 per cent, to 33,184.37. The benchmark had lost 1,128.55 points in the previous five sessions.
UDAN Adding to Capacity Problem of Mumbai Airport: MIAL
The country's second busiest airport,Mumbai, is rated as the world's best airport in the over 40 million passengers per year category aerodromes, handles on average 970 aircraft movement per day.
Rupee Gains 9 Paise Against Dollar in Opening Trade
Forex dealers said weakness in the dollar against some other currencies overseas and foreign capital inflows in the domestic equity markets supported the rupee.