Business
Sensex Retreats From Record Level, Down by 162 Points
The BSE 30-share barometer fell by 162.24 points or 0.45 per cent to 36,121.01 with IT, tech, healthcare, metal, capital goods and banking stocks falling up to 0.68 per cent.
Union Budget 2018: Need to Consider Tax Rates to Boost Tourism Sector, Says Industry
Favourable policies and enabling environment will help boost the sector which is one of the key drivers in terms of employment generation and inclusive growth.
Soured Bank Loans Shrinks From Record Peak as Tighter Rules Start to Show Results
That would be the first decline in soured assets since at least 2015, according to quarterly data collected by Reuters. On an annual basis, stressed assets have risen steadily since the year to March 2006.
Rupee Spurts 22 Paise Against Dollar in Early Trade
The dollar was weak following the US Treasury Secretary hailing a 'weak dollar' at the World Economic Forum in Davos.
Globalisation Can't be Stopped; if Trade Halts, War will Follow: Jack Ma
Addressing a special session in Davos during the World Economic Forum (WEF) Annual Meeting, Chinese e-commerce giant Alibaba's Group Chairman Jack Ma on Wednesday said the world needs to embrace globalisation to dissolve problems and it is our responsibil...
India Inc Pitches For 'Statesman' Position at Davos Summit
Indian CEOs on Monday made a strong pitch for a statesman like position for the country to counter the protectionism and domestic rhetoric likely to be presented by countries like the US.
Modi Govt Lacks Big Economic Ideas, Just Renames Old Policies: Ex-cabinet Secretary Chaturvedi
The former bureaucrat estimated that the budget will have to come up with a firm scheme on minimum support prices (MSP).
Bengal Ready to Replace Country’s Top Investment Destinations, Says Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee was speaking at the inaugural session of the 4th edition of Bengal Global Business Summit in the city even as top business leaders like Mukesh Ambani, Lakshmi Mittal, Uday Kotak and Sajjan Jindal flanked her on t...
Budget 2018: Remove Import Duty on Raw Materials: Stainless Steel Industry
In its pre-budget wish list, the Indian Stainless Steel Development Association (ISSDA) has sought removal of customs duty on key raw materials used in producing stainless steel.
Air India to be Split Into Four Entities Ahead of Sale: Report
The debt-laden national carrier would be divided into core airline business, regional arm, ground handling and engineering operations, according to the report.
Diesel Prices Burn Holes in Pockets on Account of Firming Crude Oil Price in the Indian Basket
Fuel prices are now dynamic and unregulated which means prices change on a daily basis based on the crude oil rates and the demand and supply mechanism.
J-K Budget: Govt to Provide Education Loans With Interest Subvention for Certain Period
Jammu and Kashmir's Finance Minister Haseeb A Drabu presented a Rs. 80,000 crore budget for the fiscal 2018-19 in the state assembly with multiple sops for students, farmers and industry.
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PM Modi to Hard Sell India as Investment Destination at WEF Davos Summit
The annual meeting will be attended by 350 political leaders including over 60 heads of states. The participants will also include chief executives of the world's most important companies and over 1,000 leaders from different walks of lives.
Stocks Close at Record High for Third Day on Global Leads
Extending the record run for third day, the 30-share Sensex closed at fresh life high of 34,443.19, eking out gains of 90.40 points, or 0.26 per cent, after a choppy trade.
Rupee Advances 11 Paise to 63.26 Against US Dollar
Currency dealers said continued foreign fund inflows and weakness in the greenback against other currencies overseas supported the rupee.