Business

December 26, 2018 4:09 PM

India's exports performance extremely good: Suresh Prabhu

India is preparing a specific strategy for exports to each geography to ensure that outward shipments become driving force for the country's overall economic growth in 2019, Commerce and Industry Minister Suresh Prabhu has said. In an interview to a news agency, the minister said India&...

December 26, 2018 11:33 AM

Sensex plunges over 350 points this morning

Domestic equities benchmark BSE Sensex plunged over 350 points this morning. The 30-share index slumped 360 points to 35,109 in early trade. The NSE Nifty too shed 112 points to 10,551. Financial markets were closed yesterday on account of Christmas. The rupee gained against the US dollar, and was t...

December 25, 2018 8:25 AM

HUL found guilty of profiteering ?383 crore

The GST anti-profiteering authority has found Hindustan Unilever Limited, HUL guilty of not passing on rate cut benefits of 383 crore rupees to consumers.  The complaint before the National Anti-Profiteering Authority stated that although the Goods and Services Tax rate on a large number of products...

December 24, 2018 5:13 PM

Sensex tumbles 272 points; Nifty closes at 10,664

At the stock markets, the Sensex at the Bombay Stock Exchange lost 272 points, or 0.8 per cent, to end at 35,470, on Monday. The Nifty at the National Stock Exchange slipped 91 points, or 0.8 per cent, to 10,664. 

December 23, 2018 1:53 PM

Foreign investors pump in Rs 4,000 cr this month on strong rupee

Foreign investors have pumped in nearly Rs 4,000 crore in the Indian capital markets this month so far. This comes following a 10-month high net inflow of over Rs 12,266 crore in the capital markets by Foreign Portfolio Investors in November.  According to data available with the depositories, FPIs ...

December 21, 2018 8:37 PM

Rupee weakens by 48 paise to 70.18 against Dollar

Breaking appreciation rally of last three days, rupee at forex market today weakened by 48 paise to 70 rupees and 18 paise against the US dollar. In previous three sessions, it appreciated one rupee and 85 paise against the US currency.  

December 21, 2018 6:24 PM

Oil falls to lowest since third quarter of 2017

Oil prices today fell to their lowest since the third quarter of 2017, heading for losses of more than 10 percent in a week, as global oversupply kept buyers away from the market ahead of the long festive break.  Brent crude prices, in intra day trade today, were trading around 53 dollars and 15 cen...

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