Business
Sensex Skids 206 Points; Ends FY18 With 11.30 Per Cent Gains
Besides weak global cues, squaring-up of bets by participants due to end of March month expiry in the derivatives segment halted its two-session winning run, brokers said.
Nestle, Other Food Groups Likely Suitors for GlaxoSmithKline's Horlicks
GSK has started a strategic review of Horlicks - a malt-based drink brand popular in India – and some of its smaller products, after buying Novartis out of their consumer healthcare venture for $13 billion on Tuesday.
Companies Clamp Down on Cryptocurrency Advertisements as Regulators Play Catch-up
Twitter on Tuesday began blocking crypto ads, becoming the latest internet giant to crack down after moves by Alphabet's Google and Facebook earlier this year.
Rupee Hits 4-week High, up 9 Paise Against US Dollar
The US dollar, however, had strengthened against some currencies overseas amid reports of trade negotiations between the US and China.
Most Equity Mutual Funds Underperform in Last One Year, Says Report
The findings are a part of S&P Dow Jones Indices' scorecard SPIVA, which tracks the performance of actively managed Indian mutual funds against their benchmarks over one-year, three-year, five-year and 10-year periods.
WTO Chief Warns Trade Barriers Will 'Jeopardise Global Economy'
US President Donald Trump on Thursday hit China with tariffs on up to USD 60 billion (48.5 billion euros) of imports to retaliate against the "theft" of American intellectual property, fuelling fears of a trade war between the world's two largest economie...
Time Has Come for Rethink on Ownership of PSBs, Says CEA Arvind Subramanian
Chief Economic Adviser (CEA) Arvind Subramanian on Thursday regretted that recent banking frauds, including the one at Punjab National Bank (PNB), have resulted in a setback to efforts being made to resolve the bad loan problem under the Insolvency and Ba...
Sensex Rises Over 100 Points, Nifty Nears 10,200 Over Fed Rate Hike
The 30-share index was trading 102.07 points, or 0.31 percent, higher to 33,238.25. The gauge had gained 213.06 points in the previous two sessions.
Nirav Modi Fraud: PNB Embarks on Mission Parivartan Drive
In a letter written to the employees, PNB Managing Director Sunil Mehta said an independent think tank named "Mission Parivartan Division" will act as the catalyst to ensure the 3C's -- Commitment, Collaboration and Communication bring together all intern...
Sensex, Nifty Cautious Ahead of US Fed Meet
Tata Steel, Adani Ports, Tata Motors and Infosys were among the top gainers, rising up to 3 per cent.
News18 Rising India Summit | Top 10 Moments From the Mega Event
The News18 Rising India Summit brought together thinkers and scholars from around the world, global statesmen, high achievers in every field of endeavour and, above all, well-wishers of India.
US Challenges India's Export Subsidies at WTO, Says It Harms American Workers
The US Trade Representative (USTR) argued that at least half a dozen Indian programmes provide financial benefits to Indian exporters, which allow them to sell their goods more cheaply to the detriment of American workers and manufacturers.
Bitcoin Exchange Reaches Deal With Barclays for UK Transactions
The UK is the largest market for Coinbase in Europe, and the exchange said its customer base in the region was growing at twice the rate of elsewhere.
India Growth Story Credible, GDP to Grow at 7.3% in FY19: World Bank
The World Bank report further said that accelerating the growth rate will also require continued integration into global economy. It pitches for making growth more inclusive and enhancing the effectiveness of the Indian public sector.
WPI Inflation Eases to 2.48 Percent in February
Annual wholesale price inflation last month slowed to 2.48 percent from a year earlier, from a provisional 2.84 percent rise in Janua
No Nirav Modi Firm in the List of 2.26 Lakh Deregistered Companies: Govt
As part of larger efforts to curb the black money menace, the corporate affairs ministry has deregistered little over 2.26 lakh companies for not carrying out business activities for long.