Sensex up by 52 points

The Sensex at the Bombay Stock Exchange gained a modest 52 points, or 0.2 percent, to close at 31,156, on Wednesday. The Nifty at the National Stock Exchange rose 11 points, to 9,618.

Petroleum Dealers' Assoc. withdraw strike against daily revision of fuel prices

Petroleum Dealers' Association on Wednesday called off proposed strike against daily revision of petrol and diesel prices from Friday. This comes after the government agreeing to change the timing of price revision to 6 AM everyday instead of midnight. Presently, the price revision comes in...

Sensex up by 52 points

The Sensex at the Bombay Stock Exchange gained a modest 52 points, or 0.2 percent, to close at 31,156, on Wednesday. The Nifty at the National Stock Exchange rose 11 points, to 9,618.

RBI identifies 12 loan accounts constituting 25% of gross NPAs for immediate resolution under bankruptcy law

World Bank approves over $500 million for Afghanistan to boost economy

The World Bank has approved financing worth more than 500 million dollars for Afghanistan to support a string of projects to boost the economy, help improve service delivery in five cities and support Afghan refugees sent back from Pakistan. The bank said the international troop withdrawal, which be...

SEBI allows options trading in commodity futures

Securities and Exchange Board of India, SEBI, today allowed options trading in commodities to deepen the market but will permit each exchange to launch options on futures of only one commodity initially. It has asked bourses to follow robust risk management measures.Putting in place strict eligibili...

IOC steps up efforts to provide info on daily fuel prices revision

Commercial tax check posts will be closed after GST implementation: Karnataka CM

Karnataka Chief Minister Siddaramaiah today said, the state government will close down all the Check posts set up by Commercial tax Department in the State after introduction of GST from July one. Replying to a question by Umesh Katti (BJP) in the Legislative Assembly during Question Hour, he said t...

SEBI allows options trading in commodity futures

Securities and Exchange Board of India, SEBI, today allowed options trading in commodities to deepen the market but will permit each exchange to launch options on futures of only one commodity initially. It has asked bourses to follow robust risk management measures.Putting in place strict eligibili...

RBI to soon put new Rs 500 banknotes in circulation

Reserve Bank will soon put into circulation a new batch of 500 rupees banknotes in the Mahatma Gandhi new series, printed in 2017. RBI said in a statement today that the new batch of banknotes will bear the signature of Dr Urjit R Patel. The statement said, the release of new batch of 500 rupee note...