Business
Catalan Bank Shares Fall After Regional Parliament Declares Independence
CaixaBank, Spain's third largest lender, ended down 2.74 percent at 3.84 euros while Sabadell, the country's fifth biggest bank which earns a bigger share of its profits in Catalonia, closed down 4.85 percent at 1.59 euros.
Rupee Advances 16 Paise Against Dollar in Early Trade
Forex dealers said that apart from weakness in the dollar against major currencies overseas, robust foreign fund inflows supported the rupee.
Loss Pegged at Rs 80 Crore as Cross-LoC Trade Remains Suspended
Trade across the Line of Control (LoC) was suspended on July 11 after heavy firing and shelling from the Pakistani side caused damage to trade facilitation centres and police barracks.
Rupee Declines 7 Paise Against Dollar in Early Trade
The benchmark BSE Sensex rose by 223.86 points, or 0.69 per cent, at 32,613.82 in early trade.
Banking Sector Stares at Additional Rs 40,000 Crore NPAs
The Reserve Bank has directed certain reclassifications in the private sector lender's asset classification and provisioning as on March 2017, subsequent to the annual Risk Based Supervision (RBS) exercise conducted for 2016-17.
ONGC Plans to Raise Oil Output by 4 Million Tonne by 2020
Chairman Shashi Shanker said, ONGC management is keen to ensure that the Prime Minister's vision of 10 per cent import reduction is met.
5 Simple Tips to Payback Your Debt Faster
Listing your debts will make your target and deadlines clear as you'll know which loan is costing you more interest.
Rupee Sheds Early Gains, Closes Marginally Lower at 65.04
Retreating during the day, the rupee finally closed at 65.04 against the dollar amid the overall sentiment in the forex market remaining shaky as concerns over geopolitical situation persisted.
Airbus to Take Majority Stake in Bombardier C-Series Jet Programme
The agreement between Airbus and Bombardier aims to allow for significant production savings on the C-Series aircraft and to make use of Airbus's international reach for sales, the two groups said in a statement.
Sensex, Nifty Touch Fresh Record Highs on IMF Booster
Sentiments got a lift after the IMF chief Christine Lagarde on Saturday said the Indian economy is on a "very solid track" in the mid-term, triggering all-round buying activity, brokers said.
Mood Turns Sour in Bengal’s Sweet Shops as Mishti Stays Under GST
Pointing out at the reduction in rate for khakra, a snack mainly consumed in poll-bound Gujarat, sweet shop owners said the government’s tax reform reeks of “step-motherly treatment”.
Biyani Snaps up Rahejas' Loss-making Hypercity for Rs 655 cr
The loss-making Hypercity, majority owned by Shoppers Stop, operates 19 large format premium stores in some key cities. The deal will give the Future Retails flagship retail chain Big Bazaar access to a premium brand and great locations in main metros.
Aadhaar to Help Catch Money Launderers, Fake Bank Accounts: Ravi Shankar Prasad
Prasad said that every day six crore authentications are done on the Aadhaar platform.
IndianOil Receives First Crude Oil Cargo From the US
According to the Indian Oil Corp, MT New Prosperity, a Very Large Crude Carrier (VLCC), of capacity 2 million barrels of crude, left US Gulf Coast on 19th August and arrived at Paradip port on Monday.
TCS to Appeal Against US Court Order on Damages
In an appeal by TCS, the Western District Court of Wisconsin reduced the compensatory and punitive damages to $420 million (Rs 3,055 crore) from $940 million (Rs 6,110 crore), awarded by its jury in April 2016.
NCDRC Asks Unitech to Refund Rs 41 Lakh to Buyer
The National Consumer Disputes Redressal Commission (NCDRC) has asked the company to refund Rs 41,15,320, to Haryana resident D K Mathur, saying "the allottee cannot be expected to wait for possession of the apartment for an indefinite period".