Business

"I spoke to Murthy, he has gone abroad yesterday. He said he will come back and talk to Nandan. He said he is not going to keep quiet," said an ex-Infosys official, who is on the same page with Murthy on the issues raised by him.

The 30-share index gathered 156.24 points, or 0.48 per cent, to 32,662.96 with all the sectoral indices led by oil & gas, realty, PSU and metal trading higher.

Hasmukh Adhia said the rejig would require some calculations by the fitment committee, which will decide which items need a rationalisation of rate under the GST regime which kicked in from July 1.

The ministry of human resources and social security said in a statement on Sunday that 10.97 million new jobs had been created in China from January to September this year, a growth of 300,000 compared with the previous year.

Currency traders said weakness in the dollar against major global currencies overseas supported the rupee.

Deputy Director Asia Pacific Department of IMF, Kenneth Kang, said the favourable outlook for Asia was an important opportunity for India to push forward with difficult reforms.

On the fiscal front, the IMF chief advised the countries to make investments in critical areas like infrastructure, education, and allowing women to access the labor market.

The 30-share Sensex was higher by 112.53 points, or 0.35 per cent, at 31,946.52. Healthcare, realty, IT, capital goods, oil and gas and auto stocks were in the pink of health, rising by up to 0.86 per cent.

The Food processing ministry is gearing to host over 30 countries and 2,000 companies at World Food India 2017 to be held early November and Germany will be a partner country.

Education loans and commercial vehicle loans reported one of the biggest spikes in the proportion of NPAs, while the auto segment saw a dip in bad loans, says a report by credit information company Crif High Mark.

"The retail selling prices of petrol and diesel in India even after the reduction is approximately 2.5 and 2 times that of Singapore benchmark prices respectively. As much as 42-50 per cent of the retail selling prices will continue to go to the governmen...

The cause for surge of Indian exports to China was a result of exponential increase of 353.99 percent of exports of zinc and related items, 248.19 percent of iron and steel and 100.7 percent increase in ores and slag and 151.17 percent rise in copper.

Last month, the National Company Law Appellate Tribunal (NCLAT) had granted Mistry waiver in the minimum shareholding rule for him to file a case of alleged oppression of minority shareholders after observing "exceptional" and "compelling circumstances" i...

Implemented on July 1, the GST replaced 17 central and state taxes to unite the country as one market but has been facing starting trouble. Among the challenges are the monthly filing of returns and the glitches in the GST Network portal.

Finland's Minister for Environment, Energy and Housing Kimmo Tiilikainen, while addressing representatives of leading business houses from both the countries at an event hosted by FICCI in New Delhi, said India is "one of the fastest growing economies" ha...

Petrol in Delhi now costs Rs 68.38 a litre, down from Rs 70.88. A litre of diesel now comes for Rs 56.89 as against Rs 59.14 previously, according to Indian Oil Corp (IOC), the nation's largest fuel retailer.