Business

Strengthening for the third day, the benchmark Sensex went up 162 points to end at 31,892.23, a three-week high, while the Nifty closed short of 10,000.

News18 spoke to Anil Bokil, the head of Arthakranti, who had proposed withdrawal of bank notes above Rs 50 to ‘transform’ the socio-economic scenario, about the release of the RBI annual report, which said 99% of demonetised currency has come back into th...

Apart from Jaitley, Civil Aviation Minister Ashok Gajapathi Raju, Railway Minister Suresh Prabhu and Power Minister Piyush Goyal as well as senior officials were present at the meeting.

According to financial services company IHS Markit, growth of mobile panels averaged 17 percent annually in the past seven years, effectively bridging the gap with TV screens that have traditionally led the market.

This is on top of an addition of 48 lakh folios in the entire past fiscal, 43 lakh folios in 2015-16 and 25 lakh in 2014-15.

Nandan Nilekani, 62, who was CEO of the company between 2002 and 2007 and is credited as the architect of the world's largest biometric ID card programme Aadhaar, will take over as Chairman of Infosys.

The Interconnect User Charge (IUC) is currently 14 paise/minute and telecom regulator TRAI wants to cut it to under 10paise/minute.

Meanwhile, foreign portfolio investors continued to remain net sellers in equity markets as they sold shares worth Rs 696 crore on net basis on Thursday, provisional exchange data showed.

The Global Indian Realty Summit to be held In Hyderabad will also include a special session with entrepreneur Prasad V Potluri.

"Whenever the Prime Minister speaks he brings out lots of wisdom. I am so happy that he has used 'competitive cooperative federalism'. It is a brilliant idea," Infosys co-founder N R Narayana Murthy said.

Economists surveyed by Bloomberg News had expected growth of 7.1 percent for July after industrial production, a key engine of growth, expanded by 7.6 percent in June.

Dealers said early losses in domestic equity markets influenced the rupee and strength in the US dollar against some other currencies overseas also weighed on the rupee sentiment.

"The Reserve Bank's Central Board at its meeting held today approved the transfer of surplus to the Government of India amounting to Rs 306.59 billion (Rs 30,659 crore) for the year ended June 30, 2017."

The move comes about as a result of the government’s supposed realization that the PAN number is not much of a deterrent in stopping fraudulent transactions.

In a written reply to the Rajya Sabha, MoS for Finance Santosh Kumar Gangwar said the RBI has issued Cyber Security Framework in Bank to help banks deal with any future cbyer attacks.

On Monday, the rupee faced a temporary hitch and retracted from its two-year high to close at 63.80 a dollar by tumbling 22 paise.