Business
Retail Inflation Rises to 4.62% in October on Back of Higher Food Prices
Annual retail inflation in October was higher compared with 3.99% in the previous month and analysts' forecasts.
IRCTC Share Price Triples Within One Month; Q2 Results Awaited
The IRCTC stock hit a peak of Rs 980.90 during the day, but closed the session at Rs 923.50, down 1% from its previous close.
E-Retailers Cannot Influence Prices of Goods on Platform: Govt's Draft Guidelines
According to the draft, e-commerce companies will also have to protect personal data and information of the customers.
Godrej Properties' Sales Bookings Up 44% to Rs 2,343 Crore in April-September FY'20
Godrej Properties, which is the real estate arm of business conglomerate Godrej group, launched nine new projects/phases in the first half of 2019-20.
Fresh Trouble for Infosys CEO Salil Parekh as Another Whistleblower Complains of 'Misdeeds': Report
Claiming to be an employee in the $11-billion company’s finance department, the whistleblower complained that he was unable to disclose his identity fearing retaliation for the damning disclosures.
BPCL, Yes Bank, Indiabulls Housing Finance Among Key Stocks in Focus Today
The benchmark S&P BSE Sensex was up 57 points, or 0.14%, to 40,526.78, while the Nifty 50 index rose 5.70 points, or 0.05%, to 11,971.75. BPCL, Yes Bank, Indiabulls Housing.
Sitharaman Admits Realty Sector Left Out of Earlier Booster Measures, Assures to Resolve the Issues
Admitting that realty sector has been left out of the booster measures announced earlier, she said the sector has a spillover effect on many sectors, especially the core sector.
Rupee Gains 4 Paise Against US Dollar in Early Trade Amid Positive Global Cues
The dollar index, which gauges the greenback's strength against a basket of six currencies, surged 0.09 per cent to 97.59.
India Decides Not to Join World's Largest Free Trade Agreement RCEP, Says Can't Compromise Core Interests
PM Modi said When he measures the RCEP Agreement with respect to the interests of all Indians, he does not get a positive answer.
HDFC, Yes Bank, Bajaj Finance, Zee Entertainment Among Key Stocks in Focus Today
Zee Entertainment Enterprises Ltd shares declined nearly 6% after VTB Capital said it has begun a process to sell the pledged staked of 10.71% in the company to recover loan dues.
Over 3,400 Branches of 26 Public Sector Banks Closed, Merged in Last Five Years, Reveals RTI
The RBI informed that 26 PSBs of the country either closed or merged 90 branches during 2014-15, 126 in 2015-16, 253 in 2016-17, 2,083 in 2017-18 and 875 during 2018-19.
Chinese Conglomerate Fosun Buys Thomas Cook Brand for 11 Million Pounds
Thomas Cook's demise in September sparked 22,000 job losses worldwide and triggered Britain's biggest repatriation since World War II, with the government paying to fly home 140,000 tourists.
COAI Ignores Member Jio's Protest; Seeks Waiver of All Past Statutory Dues for Airtel, Voda-Idea
COAI director-general sent second letter to Telecom Minister Ravi Shankar Prasad seeking waiver of the 'entire' amount of Rs 1.42 lakh crore due to its principal members Bharti Airtel and Vodafone Idea Ltd and other telecom operators.
Fiscal Deficit Hits 93 % of Budget Estimate at Rs 6.52 Lakh Crore Till September-end
The government has pegged the fiscal deficit for the current financial year at Rs 7.03 lakh crore, aiming to restrict the deficit at 3.3 percent of the GDP.
India Needs Low Tariffs to Draw Supply Chains and Create Jobs, Says Raghuram Rajan
Raghuram Rajan cited the car industry, saying that even though it is well protected, the move from extreme protection to moderate protection had led to its development from 1,00,000 units to a three million plus industry.
Sensex Extends Gains for 5th Session; Yes Bank Zooms 24 Percent
After touching a fresh lifetime high of 40,392.22 (intra-day), the 30-share index settled 77.18 points, or 0.19 per cent, higher at 40,129.05.