Business
Sensex Recovers 54 Points in Early Trade on Corporate Earnings
Buying activity emerged after FMCG major ITC Ltd on Thursday reported posted an over 10 per cent rise in standalone net profit at Rs 2,384.67 crore for April-June quarter.
Sensex Sinks 205 Points
Axis Bank, which is expected to announce Q1 earnings on Friday, fell 3.6% followed by ICICI Bank and SBI with over 2% loss.
Sensex Surges 181 Points; Nifty Recaptures 8,500-mark
About 1233 shares have advanced, 1522 shares declined, and 172 shares are unchanged.
HDFC Bank's Puri Named Best Banking CEO in Asia
The survey had 1,394 investment professionals from 582 financial institutions participating in it.
SBI Merger Right Idea, More Such Moves Needed: Meghnad Desai
The Union Cabinet in June gave the go-ahead to the proposal of merger of SBI and its subsidiaries that could make the state-owned lender a bank of global size.
Govt to Make First Round of Capital Infusion in PSBs Soon
Centre has made Budget provision of Rs 25,000 crore capital infusion for PSBs for the current fiscal.
Market Rally Gets a Monsoon Fillip, Sensex Hits 8-Month High
The 30-share Sensex ended higher by 133.85 points, or 0.49 per cent, at 27,278.76 -- its highest closing since October 26 last year.
Singapore Bank Suspends Loans for London Properties After Brexit
A Singapore bank has suspended loans to anyone wanting to buy property in London, citing uncertainty from Britain's vote to quit the EU, property prices in Britain are expected to plummet as the pound takes a beating, and foreign investors, especially th...
McDonald's May Outsource Jobs to India in Cost-cutting Move
McDonalds has announced a $500 million cost reduction plan in November 2015.
Pay Rs 1000 to Advance Your Journey on Jet Airways
Under "JetAdvance" facility, the passenger will have the flexibility to change the booking to an earlier flight for a nominal fee, Jet Airways said in a statement.
RBI Keeps Repo Rate, CRR Unchanged; Retains Growth Projection at 7.6%
As expected, the Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.50% and the Cash reserve Ratio at 4%.
Economy Has Become Stronger, Need to Keep up Growth Momentum: FM
Jaitley will have a meeting with CEOs of public sector banks on Monday to discuss various key challenges facing the banking sector including growing non-performing assets, a day before the RBI carries out bi-monthly review of the monetary policy.
Rupee Free Fall Continues, Plunges 26 Paise to 67.75
Month-end dollar demand from oil companies along with aggressive hedging strategy adopted by importers in the wake of currency volatility also weighed on the rupee trade.
Sensex Down For 2nd week as Global Growth Worries Return
The BSE index settled 33.71 points or 0.13 per cent lower at 25,228.50 after shuttling between 25,057.93 and 25,260.48. The index had risen by 160.48 points to log a relief rally on Thursday.
