Sensex closes at new peak of 30251; Nifty ends at 9422

The Sensex at the Bombay Stock Exchange gained 3 points, to a fresh record closing peak of 30,251. The Nifty at the National Stock Exchange rose 15 points, to a new lifetime closing high of 9,422.

Economic growth is meaningful only when there is Job, wage & social security: Dattatreya

Union minister for Labour and Employment, Bandaru Dattatreya today said, Economic growth is meaningful only when there is Job, wage and social security to workers.Addressing the 48th Session of Standing Labour Committe in New Delhi, he said, his government's priority lies in ensuring benefi...

Sensex zooms 315 points to new lifetime closing high

Staging a smart rally, the Sensex at the Bombay Stock Exchange spurted 315 points, or 1(point)1 percent, to a record closing high of 30,248, today. The Nifty at the National Stock Exchange surged 90 points, or 1 percent, to a lifetime closing peak of 9,407.

Sensex touches all time high of 30,198 in intra-day trade

At the stock markets, the Sensex at the Bombay Stock Exchange opened strongly higher, and after consolidating initial gains, had surged a good 259 points, or 0.9 percent, to 30,193 a short while ago. Earlier, in the morning, the Sensex had hit an all-time high of 30,198. The Nifty at the National St...

India to grow at 7.7 per cent in 2018-19: IMF

The International Monetary Fund says India's growth is expected to rebound to 7(point) 2 per cent in the 2017-18 fiscal and 7(point )7 per cent in 2018-19 after disruptions caused by demonetization. IMF has also recommended the removal of long-standing structural bottlenecks to enhance mark...

ONGC Videsh Ltd produces record 12.6 million tonnes of crude oil in 2016-17

ONGC Videsh Limited, the overseas arm of state-owned Oil and Natural Gas Corp, produced a record 12.6 million tonnes of crude oil and equivalent gas from its assets abroad in 2016-17.The company said, the output was up from 8.92 million tonnes of oil and oil equivalent gas in 2015-16.

SBI cuts home loan rates in affordable housing push

In order to give a fillip to the affordable housing segment in line with the Prime Minister's vision of providing 'housing for all' by 2022, State bank of India declared interest rate deduction in housing loan. "SBI has announced an interest rate cut of up to 25 b...

Invoice matching mechanism in GST to check frauds: Arun Jaitley

Union Finance Minister Arun Jaitley has said the invoice matching mechanism in the Goods and Services Tax, which will be rolled out from 1st of July, will help curb fake bill frauds. In a letter to Congress Rajya Sabha member Digvijaya Singh, Mr Jaitley said there is only one GST return with interna...

SBI cuts home loan rates in affordable housing push

SBI cuts home loan rates by 25 bps<br/>

The country&apos;s largest lender, State Bank of India today announced an interest rate cut of upto 25 basis points for affordable housing loans. The new rates will be effective from tomorrow. Under a new government scheme, loans under 30 lakh rupees qualify as affordable housing. For male borro...