Business

Major gainers were TCS, Infosys, Sun Pharma, M&M, RIL, Wipro, HDFC Bank, Asian Paints, Kotak Bank, HDFC Ltd, Tata Motors and Yes Bank, rising by up to 1.62 per cent.

The BSE 30-share barometer fell 132.26 points, or 0.37 per cent, to 35,338.09. The gauge had lost 219.25 points in the previous session.

Gadkari was addressing the Indian Community at the inauguration of the Swami Vivekananda Cultural Centre at the Indian Embassy in Dushanbe.

Modi said 54 lakh new taxpayers have sought registration under the new regime, taking the number of indirect tax payers to over one crore.

At the annual general meeting on Thursday, the shareholders reposed their faith and confidence in the bank and its leadership team.

Atul Gawande, 52, will take over as the Chief Executive Officer of the company from July 9. The new company will be headquartered in Boston and will operate as an independent entity

Elsewhere in Asia, most financial markets in Hong Kong, Shanghai and Taipei are closed for public holidays. Japan's Nikkei fell 1.04 per cent in early trade today.

In the last three years, NABARD has given Rs 2,000 crore every year to the Madhya Pradesh government for works related to roads, bridges and irrigation.

The banking regulator had further said that at present "only certain" payment system operators and their outsourcing partners store the payment system data either partly or completely in the country.

The news sent cryptocurrencies tumbling, with bitcoin losing about 13 percent, ethereum down 12 percent and ripple almost 20 percent lower as traders fret over the safety of their investments.

On Friday, the rupee had plunged by 38 paise or 0.57 per cent to close at a fresh one-week low of 67.50 against the US currency amid worries over rising global crude prices and capital outflows.

Market experts said that the near term market trend will be dictated by domestic macro data like IIP, CPI and WPI, movement of crude oil prices and currency (INR vs USD) and progress of monsoon.

It termed the unanimous rate hike by the six-member monetary policy committee (MPC) as "sensible and cautious" given the events of the last two weeks.

The guidelines also provide for advance preparatory action to be taken by administrative ministry or department and CPSEs, preparation of closure proposal, settlement of statutory and other liabilities of the CPSE and modalities for disposal of movable an...

The RBI's Monetary Policy Committee began its three-day meeting today amid speculation that it may hike the key interest rate on June 6 for the first time in over four years due to firming inflation.

In the January-March quarter, PNB reported a net loss of of Rs 13,417 crore as compared to a net profit of Rs 261.9 crore in the same period of the previous fiscal.