Business
FitToFly Gym Launched by IndiGo in Nagaland
The gym was launched yesterday by Aditya Ghosh, President and Whole-time Director, IndiGo.
Sensex Extends Gains by 113 Points, Nifty Regains 9,100 Level
Stock markets opened higher on Friday with the benchmark BSE Sensex advancing by 113 points in early trade on continued buying by investors in banking and FMCG stocks.
Rupee Recovers 5 Paise Against US Dollar
The rupee recovered 5 paise to trade at 65.47 against the US dollar in morning session on Friday.
Axis Bank Dismisses CEO Resignation Buzz
Private sector lender Axis Bank on Wednesday said its managing director and chief executive officer Shikha Sharma is not resigning.
Sensex Down 129 Points in Early Trade on Profit Booking
The benchmark BSE Sensex fell almost 129 points in early trade on Monday due to profit booking by investors after recent strong gains.
Nifty Retreats From Record, Sensex Logs a Slip Too
Stocks took some time out to catch their breath on Wednesday after the Sensex closed lower and the Nifty retreated from its life high amid caution ahead of US Federal Reserve's policy meeting outcome.
Wholesale Inflation Rises to 6.55% in February Against 5.25% in January
Inflation based on wholesale prices shot up to 39-month high of 6.55 per cent in February because of costlier food and fuel items.
Rupee Fights Back, Hits Four-month High of 66.60
The rupee on Friday made a resounding comeback after a brief overnight pause and ended 11 paise higher at a fresh 4-month high of 66.60 against the dollar on renewed selling of the US currency by exporters and banks.
United States Imposes Anti-Dumping Duty on Off Road Tyres from India
The United States of America has issued anti-dumping duty orders on off road tyres manufactured in India, according to a notification by the US Department of Commerce. The tax is effective immediately.
Sensex Builds on Gains, up 50 Points in Early Trade
Shares of Adani Power surged 5.58 per cent to Rs 40.70, while Reliance Power was quoting 3.63 per cent higher at Rs 48.55.
India Will Replace Russia for Third Place at Global Energy Market by 2020: IEA
India is moving to the centre stage of global energy market and by the early 2020s it will replace Russia as the world's third-largest refiner, a top official of the International Energy Agency said.
India Favours Integrated Companies But Against Monopoly: Dharmendra Pradhan
Indian government favours the creation of integrated companies in the public sector but would ensure that it does not result in the monopoly, the visiting Union Minister Dharmendra Pradhan said.
Sensex Scales Past 29,000-mark, up 217 Points in Early Trade
Brokers said that besides buying by retail investors,pumping of funds into the market by domestic institutional investors too contributed to the recovery.
Promoters to Participate in TCS' Rs 16,000-cr Buyback Offer
Tata Consultancy Services on Wednesday said its promoters intend to participate in its proposed Rs 16,000-crore buyback offer.
India's GDP Numbers 'Surprising', But Economists Say There is an Explanation
India’s GDP numbers took most people by surprise on Tuesday. But on reflection, some economists are saying that there could be an explanation for the numbers that provoked shock, surprise and skepticism.
Rupee Firms up 2 paise to 66.69
The rupee advanced further by a modest 2 paise to end at 66.69 against the US currency in an extremely thin and lethargic trade owing to stray dollar selling from banks and exporters.
