Business

June 20, 2018 1:24 PM

Sensex up by more than 200 points during noon trade

At the stock markets, the Sensex at the Bombay Stock Exchange was trading more than 200 points up during noon trade today. The 30-share index, was trading 217 points in the green at 35,504, when reports last came in. The Nifty at the National Stock Exchange was trading 41 points up at 10,750.  At th...

June 20, 2018 11:22 AM

Rupee recovers from one-month low, up 32 paise against US dollar

The rupee recovered from its near one-month low to trade 32 paise higher at 68.06 against the US dollar in early session today on fresh selling of the American currency by banks and exporters. The rupee had nosedived 39 paise yesterday to end at a near one-month low of 68.38 against the US dollar as...

June 19, 2018 7:32 AM

Irdai sets up panel to review norms for marketing firms

The Insurance Regulatory and Development Authority (Irdai) has set up a 10-member panel to review norms related to insurance marketing firm (IMF) with an aim to increase insurance penetration in the country.     The new distribution channel of IMF was introduced in 2015 by Irdai, with the objective ...

June 18, 2018 1:36 PM

Sensex falls by 42 points, Nifty by 16 in afternoon trade

The Sensex at the Bombay Stock Exchange was 42 points down at 35,580 a short while ago.  The 30-share index rose 76 points in the opening trade.  The Nifty at the National Stock Exchange was 16 points in red at 10,801 when reports last came in.

June 15, 2018 11:16 AM

Rupee plunges 36 paise against US dollar

The rupee plunged by 36 paise to hit a three-week low of 67 rupees 98 paise against the US dollar in early trade today.   Yesterday, the rupee had gained 3 paise to end at 67 rupees 62 paise against dollar, cutting short its two-day decline. The benchmark BSE Sensex rose by 66 points, to 35,666 in e...

June 14, 2018 8:56 AM

New telecom policy to be in place likely by July end: Manoj Sinha

Communications Minister Manoj Sinha on tuesday said the new Telecom Policy is expected to be cleared by the Union Cabinet by the end of next month.  The government has recently issued the National Digital Communications Policy which aims at creating 40 lakh new jobs by 2022, attract investment of ar...

June 13, 2018 12:13 PM

India, US agree to hold comprehensive talks to address trade & economic issues

India and the US have agreed to hold comprehensive talks to address trade and economic issues. The decision in this regard was taken during a series of meetings, Commerce and Industry Minister Suresh Prabhu had with US Commerce Secretary Wilbur Ross and US Trade Representative Robert Lighthizer. At ...

June 13, 2018 11:44 AM

Rupee falls 13 paise to Rs 67.62 against USD

The rupee fell 13 paise to 67 rupees 62 paise against the US dollar in early trade today. Yesterday, the rupee had closed 7 paise down at 67.49 against the US currency. The benchmark BSE Sensex rose 184 points to 35,877 in early trade.

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