Business

The 30-share index commenced higher on foreign funds inflows and positive global leads, but ended at 32,273.67, a loss of 51.74 points, or 0.16 percent.

Declining by close to six percent over the past one year, the rupee is currently trading at 63.63-70, against 66.93 to a dollar in August 2016, ASSOCHAM said.

The Digital Evolution Index is a comprehensive research that tracks the progress countries have made in developing their digital economies and integrating connectivity into the lives of billions.

The world's second-largest planemaker aims to deliver some 200 A320neo-family jets in 2017. In the first half, it delivered just 16 Pratt-powered A320neo jets, barely a third of the 43 powered by competing CFM engines, sources have told Reuters.

Tata Consultancy Services (TCS) chief said, "You cant perform if you're not fit. If you want to run a six-minute mile, you have to bring your weight down".

Wipro on Thursday announced a mega buyback offer of Rs 11,000 crore, joining the growing roaster of IT firms returning surplus cash to their shareholders.

The new tax rate is part of a new Goods and Service Tax (GST) unveiled on July 1 in the India's biggest tax reform in the 70 years since independence.

However, traders with a turnover of below Rs 20 lakh or those engaged exclusively in the supply of exempted goods or services need not register under the new tax regime which has kicked in from July 1.

The level of dollar selling by exporters and banks intensified, too. A muted show by the greenback against other currencies overseas added momentum to the rupee.

Venezuela, struggling under triple-digit inflation and Soviet-style product shortages as its socialist economy unravels, has been hit hard by the falling price of oil, its economic lifeline.

The Sensex headed up today surging 160 points as investors welcomed the Cabinet's decision to give 'in-principle' nod to disinvestment of Air India, a sign the government is not shying away from bold reforms.

Do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector banks as the locker hiring agreement absolves them of all liability.

Traders body CAIT will organise 100 GST Clinics across the country to acquaint traders about the new indirect tax regime to be in place from July 1.

Reserve Bank Governor Urjit Patel on Thursday said the soon-to-be implemented goods and services tax (GST) will not only create a national market but will also broaden the tax base which in turn will lower the overall taxes in the long-term.

The rupee came down by a further 3 paise to 64.55 against the dollar on Thursday, hit by a steady stream of capital flight amid growing appeal of the American currency among importers.

Investors in Indian pharmaceutical stock, hit by quality-related sanctions against drugmakers operating abroad and reduced pricing power in more profitable markets, have adopted a new mantra: patience and pickiness.