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  Markets maintain winning run for 2nd day; Sensex climbs 104 points, Nifty ends at 17,833

  September 09, 2022 16:24 IST

  The 30-share BSE Sensex climbed 104.92 points or 0.18 per cent to settle at 59,793.14. During the day, it jumped 431.58 points or 0.72 per cent to 60,119.80. On similar lines, the broader NSE Nifty ended higher by 34.60 points or 0.19 per cent to 17,833.35.

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  Sensex reclaims 60k level in early trade; Nifty tests 17,900

  September 09, 2022 11:29 IST

  From the Sensex pack of firms, IndusInd Bank, State Bank of India, Tata Steel, Hindustan Unilever, NTPC, Infosys, Dr. Reddy's, Sun Pharma, and ICICI Bank emerged as the biggest gainers.

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  Rupee rises 8 paise to 79.61 against US dollar in early trade

  September 09, 2022 11:13 IST

  At the interbank foreign exchange, the domestic unit opened at 79.66 against the dollar, then touched 79.61 in initial deals.

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  European Central Bank makes largest-ever interest rate hike

  September 08, 2022 19:05 IST

  ECB followed the US Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out record inflation that is squeezing consumers and pushing Europe toward recession.

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  Finance ministry to kick-start budgetary exercise from October 10

  September 08, 2022 15:10 IST

  The budget for the next year will be addressing critical issues of high inflation, job creation, boosting demand, and putting the economy on a sustained 8 percent-plus growth path.

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  SBI branch in Karnataka fined Rs 85,177 after it misreads Kannada numeral on cheque, dishonours it

  September 08, 2022 14:05 IST

  SBI branch in Haliyal wrongly identified the Kannada numeral nine as six and, therefore, dishonoured the cheque. The numeral nine indicated the month of September, but the bank read it as June.

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  RBI needs to be more synchronised to handle inflation: FM Sitharaman

  September 08, 2022 12:46 IST

  Inflation management cannot be singularly left to the monetary policy, which has proved totally ineffective in many countries, Sitharaman said.

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  Automobile retail sales in India rise 8.31% in August: FADA

  September 08, 2022 12:17 IST

  FADA said the three-wheeler (3W) segment witnessed the highest growth rate last month posting 83.14 per cent increase at 56,313 units, up from 30,748 units in the same month a year ago.

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  Markets rebound in early trade after 2 days of fall

  September 08, 2022 10:59 IST

  30-share Sensex pack of firms was trading in the green in early trade, with Asian Paints, UltraTech Cement, Bharti Airtel, ICICI Bank, Tech Mahindra, Infosys, Mahindra & Mahindra, and Bajaj Finance emerging as the biggest gainers.

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  Rupee rises 27 paise to 79.68 against US dollar in early trade

  September 08, 2022 10:44 IST

  At the interbank foreign exchange, the domestic unit opened at 79.72 against the dollar, then touched 79.68 in initial deals, registering a gain of 27 paise over its previous close.

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  Nokia selects TCS to redesign its human capital management system in 130 counties

  September 07, 2022 21:47 IST

  Under the agreement, TCS will redesign Nokia's human capital management processes and deploy a new cloud-based platform to drive simplification for a better employee experience.

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  Inflation no longer red-lettered; job creation, growth remain priorities: Sitharaman

  September 07, 2022 20:24 IST

  Sithraman on inflation: Retail inflation touched a high of 7.79 per cent in April this year since then it is on a downward trajectory. According to official data, retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level.

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  Rupee falls 7 paise to 79.89 against US dollar

  September 07, 2022 19:20 IST

  Rupee vs Dollar: At the interbank foreign exchange market, the domestic currency opened at 79.93 per dollar. It hovered in a range of 79.84 to 79.94 during the session. The domestic unit finally settled at 79.89, down 7 paise over its previous close of 79.82.

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  PM Gati Shakti programme: Govt nod to policy on long-term leasing of railway land

  September 07, 2022 16:53 IST

  PM Gati Shakti programme: The new policy will help provide in providing a land lease for a longer period of up to 35 years as against five years at present, Union Minister Anurag Thakur told the media after the cabinet meeting.

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  Demand slowdown, global uncertainties impacting India's exports

  September 07, 2022 13:52 IST

  The US and EU are impacting exports of key sectors including engineering, gems, and jewelry, and may have implications on India's exports in case the global situation does not improve in the coming months.

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  Benchmark indices fall in early trade amid weak global markets

  September 07, 2022 10:39 IST

  From the Sensex pack, IndusInd Bank, Bharti Airtel, HCL Technologies, Axis Bank, Tech Mahindra, Kotak Mahindra Bank, HDFC, Infosys, HDFC Bank, and Reliance Industries were major laggards in early trade.

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  Rupee falls 11 paise to 79.93 against US dollar in early trade

  September 07, 2022 10:22 IST

  At the interbank foreign exchange market, the rupee opened at 79.93 against the greenback, registering a decline of 11 paise over its last close.

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  Gautam Adani honoured with Global Leadership Award

  September 07, 2022 14:19 IST

  The Global Leadership Award recognises top corporate executives from India and the US, who demonstrate an active and dynamic commitment to strengthening the US-India partnership.

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  NSE illegal phone-tapping: ED arrests former CEO Ravi Narain

  September 07, 2022 0:01 IST

  NSE illegal phone-tapping: Narain is understood to have been arrested in the tapping case under the criminal sections of the Prevention of Money Laundering Act (PMLA).

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  India would be happy to discuss trade pact with US: Piyush Goyal

  September 06, 2022 16:20 IST

  India is negotiating all trade pacts to boost the country's exports and create jobs in the domestic market. It is aiming to take exports of goods and services to USD 2 trillion by 2030.

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  Markets extend previous day gain in early trade

  September 06, 2022 13:25 IST

  Power Grid, NTPC, Bharti Airtel, Reliance Industries, Titan, Maruti, HDFC Bank, Hindustan Unilever and Bajaj Finance were among the major gainers in initial trade.

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  Rupee falls 12 paise to 79.90 against US dollar in early trade

  September 06, 2022 13:24 IST

  At the interbank foreign exchange market, the rupee opened at 79.80 against the greenback, then fell further to 79.90, registering a decline of 12 paise over its last close.

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  Reliance Industries to acquire majority stake in US-based SenseHawk

  September 06, 2022 9:45 IST

  Reliance Industries Limited and SenseHawk's deal value is worth USD 32 million.

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  Rupee rises 5 paise to 79.82 against US dollar in early trade

  September 05, 2022 15:02 IST

  The rupee opened at 79.84 against the dollar and touched 79.82 in initial deals, registering a gain of 5 paise over the last close.

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  Sensex gains over 280 pts in early trade; Nifty above 17,600

  September 05, 2022 15:02 IST

  ICICI Bank, Tech Mahindra, ITC, HCL Technologies, Tata Steel, Axis Bank, Reliance Industries, IndusInd Bank, and HDFC Bank were the major gainers in early trade.

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  Shapoorji Pallonji group suffers 2nd personal loss this year

  September 05, 2022 15:00 IST

  The SP Group's interest spans from engineering & construction under its flagship Afcons, real estate, consumer goods, and solar power, from the last two it had exited recently as part of deleveraging. The group employs more than 50,000 people in more than 50 countries today.

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  Who is Cyrus Mistry? A reclusive scion who fought for honour after being fired by Tatas

  September 04, 2022 19:58 IST

  Who is Cyrus Mistry? A south Mumbai low-profile boy, 44-year-old Mistry family scion was already heading companies in the Shapoorji Pallonji Group when he was appointed to succeed Ratan Tata as the head of the over USD 100 billion, salt-to-software Tata group.

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  Paytm says no link with Chinese loan merchants under ED scanner

  September 04, 2022 18:49 IST

  Paytm said that none of the funds frozen by the Enforcement Directorate (ED) belongs to it or any of its group firms.