Business

January 11, 2018 11:23 PM

India tops domestic air traffic demand at 16.4% in November: IATA

Global aviation body the International Air Transport Association has said that India's domestic air passenger traffic grew by 16.4 per cent in November last year, topping the growth chart worldwide. The IATA, comprising major air carriers, said India continued to witness double-digit growth...

January 11, 2018 7:01 AM

BSE, NSE to launch new IRF contracts offering 7.17% yield on govt bonds

Leading Exchanges - BSE and NSE will launch new interest rate futures (IRF) contracts offering 7(point)17 per cent yield on government bonds from today. The 10-year-benchmark bonds will mature on January 8, 2028. An IRF is a contract between a buyer and a seller agreeing to the future delivery of an...

January 11, 2018 12:26 AM

BSE, NSE to launch new IRF contracts from tomorrow

Leading Exchanges BSE and NSE will launch new interest rate futures (IRF) contracts offering 7.17 percent yield on government bonds from tomorrow. The 10-year-bencmark bonds will mature on January 8, 2028. An IRF is a contract between a buyer and a seller agreeing to the future delivery of any inter...

January 10, 2018 2:09 PM

World Bank projects India's growth rate at 7.3 per cent in 2018

World Bank has projected India's growth rate at 7(point)3 per cent in 2018 and 7(point)5 for the next two years. In its 2018 Global Economics Prospect released in Washington last night, the World Bank said, India has enormous growth potential compared to other emerging economies as an ambit...

January 10, 2018 12:11 PM

Sensex at 121 points in negative zone at 34,321

The BSE Sensex lost its initial gains and is now trading at 121 points in negative zone to quote at 34,321. Earlier, it hit new life-time intra day high of 34,565 in opening session. Similarly, the 50-share NSE Nifty declined by 39.10 points to quote at 10,597.Meanwhile, the rupee recovered by 22 pa...

January 10, 2018 11:26 AM

Sensex hit new life-time intra day high of 34,565 in opening session

The BSE Sensex hit new life-time intra day high of 34,565 in opening session today, extending its record-setting spree for a fourth session on buying by domestic investors ahead of quarterly results by bluechips. The 30-share index rose by 122 points to hit a new peak of 34,565 surpassing its previo...

January 10, 2018 8:30 AM

CIL new pricing policy to be linked with quality

Coal India Ltd, the country's largest miner, is set to introduce a new pricing policy for coal by April this year, which will be linked strictly to quality. CIL Chairman Gopal Singh said that the new mechanism will compute prices on every unit of gross calorific value (GCV) of coal, doing a...

January 10, 2018 7:34 AM

World Bank projects India's growth rate at 7.3 per cent in 2018

World Bank has projected India's growth rate at 7(point)3 per cent in 2018 and 7(point)5 for the next two years. In its 2018 Global Economics Prospect released in Washington last night, the World Bank said, India has enormous growth potential compared to other emerging economies as an ambit...

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