Business

Their statement had come in the backdrop of controversy over revision of gross domestic product (GDP) numbers and withholding employment data by the National Sample Survey Organisation (NSSO).

The decision to consider either the National Company Law Tribunal (NCLT) route or the strike comes days after the airline's pilots and engineers demanded immediate payment of their dues.

The roughly 17-month trade war between US and China hit global economic growth and demand for oil, leaving prices range-bound for the most of the year.

Pisces Eservices, which operates Foodpanda, had registered loss of Rs 227.95 crore in FY2017-18. However, revenue from operations and other income increased 12.2 per cent to Rs 81.77 crore in FY19 from Rs 72.84 crore in the preceding fiscal.

The number of fraud cases reported by lenders also jumped to 6,801 in 2018-19, compared to 5,916 cases in 2017-18.

Alphabet said in a Securities Exchange Commission filing on Friday that Pichai will also start receiving a substantial raise from January 1 to $2 million a year.

Fitch said growth will gradually recover to 5.6 per cent in FY21 and 6.5 per cent in the following year with support from easing monetary and fiscal policy and structural measures.

The company owes Rs 91.78 crore, includes both principal and the interest, to 19,964 retail bondholders but is unable to pay because of a restraint placed by the lenders as it is undergoing is a bank-led resolution process.

Nirmala Sitharaman had on Monday assured the states that Centre will not 'renege' on the promise of goods and services tax (GST) compensations.

An Enforcement Directorate (ED) team reached the Tihar jail in the evening and placed Shivinder Singh under arrest as per provisions of the Prevention of Money Laundering Act (PMLA).

At the interbank foreign exchange the rupee opened at 70.87, then gathered momentum and touched a high of 70.80 against the US dollar, registering a rise of 12 paise over its previous close.

Sebi said it cannot take any action on complaints where the markets regulator is unable to reach back to the complainant or where the contents are not substantiated or verifiable.

Top losers in the Sensex pack in early trade included Yes Bank, TCS, Tech Mahindra, PowerGrid, Infosys, Axis Bank, ITC and IndusInd Bank, falling up to 2.22 per cent.

At the interbank foreign exchange, the rupee opened at 71.24 then fell to 71.27 against the US dollar, showing a decline of 7 paise over its previous closing.

Foreign investors pulled out a net sum of Rs 1,668.8 crore from equities. FPIs, however, invested Rs 1,424.6 crore on a net basis in the debt segment, resulting in a total net outflow of Rs 244.2 crore in December so far.

The GDP growth slowed down to more than six-year low of 4.5 per cent in the second quarter of the current fiscal from 5 per cent recorded in the first quarter.