Mumbai: A day after touching record high levels, the Indian equity indices closed on a flat note on Tuesday, as low volumes and profit booking subdued investors' sentiments. According to market observers, heavy selling pressure in the banking, consumer durables and IT stocks led to the slide.
Published 17-Oct-2017 19:07 IST
New Delhi: Gold plunged by Rs 140 to Rs 30,710 owing to a weak trend overseas even as the metal witnessed token buying by retailers and jewellers on auspicious 'Dhanteras'. The yellow metal witnessed some token buying though failed to take off on Dhanteras, a day considered auspicious for buyingMore
Published 17-Oct-2017 16:45 IST
New Delhi: Multi Commodity Exchange of India Ltd. (MCX) launched India's first gold options contract on the occasion of Dhanteras. The commodity options trading with gold was unveiled by Union Finance Minister Arun Jaitley, here in New Delhi. "It is a great beginning and I am sure this venture willMore
Published 17-Oct-2017 12:40 IST | Updated 22:24 IST
Mumbai: The benchmark BSE Sensex retreated from record levels to trade lower by 56 points in early session today as realty, auto, healthcare and metal stocks fell after participants booked profits.
Published 17-Oct-2017 10:55 IST
Bengaluru: Online fashion retailer Myntra will help weavers in reviving demand for handloom products across the country in association with the Union Textiles Ministry, said the fashion arm of the e-tailer Flipkart on Monday. "This programme of Myntra is committed towards growing the handloom sectorMore
Published 16-Oct-2017 21:27 IST
New Delhi: Air India plans to raise $555 million through bridge loans to buy three Boeing aircraft scheduled for delivery early next year, as per a tender document floated by the national carrier. The bids for the bridge financing, to be guaranteed by the government, close on November 1. "Air IndiaMore
Published 16-Oct-2017 21:06 IST
Hyderabad: Reliance Retail will pose the biggest challenge to top e-commerce players Amazon and Flipkart next year due to its wider reach and tremendous penetration of telecom arm Jio, said T V Mohandas Pai, an IT industry veteran. Consolidation would be the name of the game in e-commerce space nextMore
Published 16-Oct-2017 20:42 IST
New Delhi: At least 66 Sophisticated Currency Verification and Processing (CVPS) machines are being used for counting junked Rs 500 and Rs 1,000 notes that were deposited post demonetisation, the Reserve Bank of India (RBI) has said.
Published 16-Oct-2017 20:39 IST
Mumbai: Only a few ahead of Diwali, better-than-expected macroeconomic data boosted investors' sentiment thus enabling key Indian equity indices scale high levels and close at record highs on Monday. The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed at 63.40 points, or 0.62 perMore
Published 16-Oct-2017 18:56 IST
Mumbai: In spite of some impact arising from the GST rollout disruptions, leading non-banking finance player Bajaj Finance on Monday reported a 37 per cent jump in net profit at Rs 557 crore for the quarter to September, as overall advances grew at a healthy pace.
Published 16-Oct-2017 17:17 IST
Mumbai: The benchmark BSE Sensex and the broader Nifty climbed to new life-time highs of 32,687.32 and 10,242.45 points, respectively, in opening session on the back of gains in banking, FMCG, auto and oil and gas stocks. Uninterrupted buying by domestic institutional investors (DIIs) bolstered theMore
Published 16-Oct-2017 10:39 IST | Updated 10:43 IST
San Francisco: Apple's Vice President of Inclusion and Diversity Denise Young Smith has apologised for her controversial remark on diversity she made during the One Young World Summit in Colombia earier this week, a media report said. At the event, Smith was explaining how Apple focuses on diversityMore
Published 15-Oct-2017 12:41 IST
Mumbai: Tata Steel targets to have 20 per cent women in its workforce by 2020 as gender diversity ensures availability of different mindsets to deal with challenges, a top company executive said. "Gender diversity is essential, and not having it can be detrimental to business. A diverse workforceMore
Published 15-Oct-2017 12:06 IST
Addis Ababa: Ethiopian Airlines is eyeing a bigger share of the Chinese tourists' market which at over 120 million is estimated to be the single largest tourist numbers globally. Speaking exclusively to Xinhua on Saturday, Ethiopian Airlines CEO Tewolde GebreMariam, said with the air carrier havingMore
Published 15-Oct-2017 07:11 IST
New Delhi: Gold recovered by Rs 50 to Rs 30,850 per ten gram at the bullion market on Saturday largely on positive cues from overseas and increased buying by local jewellers. Silver also climbed Rs 300 to Rs 41,500 per kg due to increased offtake by industrial units and coin makers.
Published 14-Oct-2017 16:11 IST
Mumbai: Edible and non-edibles prices ruled steady in absence of any worthwhile buying activity at the Vashi oils and oilseeds wholesale market here on Saturday. In the edible segment, groundnut oil and refined palmolein closed unchanged at Rs 890 per 10 kg and Rs 595 per 10 kg, respectively.
Published 14-Oct-2017 15:23 IST | Updated 16:23 IST
Washington: FICCI President Pankaj Patel on Saturday slammed the Reserve Bank of India over its reluctance to cut interest rate, saying its policies were "not industry-friendly" and posed a hurdle in the country's economic growth. In its latest monetary policy review on October 4, the RBI had keptMore
Published 14-Oct-2017 10:48 IST
Mumbai: Jewellery may lose a bit of its lustre this Dhanteras compared to last year due to confusion over GST-compliance but jewellers have lined up discounts and freebies to lure buyers and get the sparkle back, according to market experts. India Bullion and Jewellers Association (IBJA) DirectorMore
Published 13-Oct-2017 22:03 IST | Updated 22:33 IST
Mumbai: Reliance Jio, the wholly-owned subsidiary of Reliance Industries Limited (RIL), posted standalone revenue from operations of Rs 6,147 crore for the second quarter (July-September) of 2017-18, the company said here on Friday. The subscriber base of the company as on September 30, 2017 stoodMore
Published 13-Oct-2017 20:11 IST
Mumbai: The Tata Tele-Bharti Airtel deal is positive for both the sides as it will help improve the largest telco's credit profile since its coming with no financial burden and minus any asset, said a report on Friday.
Published 13-Oct-2017 18:07 IST

GST impact Gold jewellery biz may lose shine this
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Reliance Jio's Q2 revenue from operations at Rs 6,147...
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Apps to keep you relaxed and stress free this Diwali
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