Business
Sensex Jumps Over 250 Points Ahead of RBI Policy Outcome
The 30-share index was trading 258.60 points, or 0.68 per cent, higher at 38,365.47. Similarly, the broader NSE Nifty spurted 70.00 points, or 0.62 per cent, to 11,384.00.
Piyush Goyal and US Secretary for Commerce Discuss Ways to Boost Trade, Economic Ties
The meeting assumes significance as India and the US are negotiating a bilateral trade deal to boost two-way commerce.
Yes Bank Stock Further Cracks 23 per cent, Logs 5th Consecutive Session of Fall
This is fifth consecutive session of fall for Yes Bank when it tanked nearly 43 per cent. During the five days of fall, the company's market valuation eroded by Rs 4,828.94 crore.
Gold and Silver Prices Drift Lower in Delhi After Weak International Prices
Gold prices came down by Rs 240 to Rs 38,530 per 10 gram, 24 Karat gold had closed at Rs 38,770 per 10 gram and silver price dropped Rs 775 to Rs 45,705 per kilogram.
Lack of Tolerance to Criticism Can Lead to Mistakes in Policymaking, Says Former RBI Governor Raghuram Rajan
The ex-RBI governor also said dwelling on historical achievements and opposing foreign ideas or foreigners reflects great insecurity and may hamper economic development.
RBI May Go for Another Policy Rate Cut on October 4, Say Experts
The central bank has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since January.
Corporate Tax Cut to Improve India's Competitiveness in Asia, Says IHS Markit
The lower rates should help boost corporate investment in India over the medium-term, at a time when economic growth momentum has faced increasing headwinds.
Sensex, Nifty Start on a Volatile Note on Weak Global Cues
After dropping 175 points in early session, the 30-share index pared all losses to trade 38.89 points, or 0.28 per cent, higher at 38,879.19 at 0935 hours, while the broader Nifty advanced 5.85 points, or 0.10 per cent, to 11,577.05.
SpiceJet to Expand Domestic Network, Launch 46 New Flights from Next Month
Besides, the airline, in a release, also announced the launch of Rajkot as its 54th destination, with a direct flight services from here to Gujarat's fourth-largest city.
PMC Bank Assures Safety of Depositors' Money, Asks Customers to Not Panic as RBI Restricts Withdrawal Limit
The regulator has capped cash withdrawal at Rs 1,000 per customer during this period and also banned the bank from any fresh lending during this period.
Tourist Footfall from UK to Goa Expected to Take Severe Hit After Collapse of Thomas Cook
The 178-year-old operator had been desperately seeking 200 million pounds (USD 250 million, 227 million euros) from private investors to save it from collapse, but a last-ditch rescue deal failed,
Weekly Stocks Update: Top Gainers and Losers for Week Ended September 20
For the week ended September 20, the 30-share S&P BSE Sensex advanced 1.7% to close at 38,015, while the broader Nifty 50 index added 1.8% to settle at 11,274.
Yes Bank Shares Bounce Back, Close Nearly 4% Higher
In terms of the traded volume, 259.92 lakh shares were traded on the BSE and over 39 crore units on the NSE during the day.
Biggest Single-day Gain in 10 Years as Sensex Zooms Over 2,000 Points on FinMin's Tax Booster
In a major booster to the market, the government has decided to not levy the enhanced surcharge introduced in the Budget on capital gain arising on sale of equity shares in a companies liable for securities transaction tax.
What to Expect from Today's GST Council Meet Headed by Finance Minister
Experts believe the GST council might also reduce tax rates on cement, steel, ceramic tiles and sanitary wares to promote affordable housing and giving a boost to the real estate sector.
Sensex Drops Over 200 Points; ICICI Bank, TCS Top Laggards
The 30-share index was trading 206.33 points, or 0.56 per cent, lower at 36,357.55 at 0930 hours, while the broader Nifty slipped 64.65 points, or 0.60 per cent, to 10,776.