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Updated: 17 min 37 sec ago

Fed keeps rates steady, to start portfolio drawdown in October

8 hours 29 min ago
That is one-quarter of a point above the current level. Financial markets were barely moved by the Fed decision and the new economic projections and based on the immediate market reaction it looked as if the Fed was right when it said that the portfolio runoff would be as exciting as "watching paint dry".
Categories: India News

GST Council recommends 5% rate for branded cereal, pulses and flour

11 hours 43 min ago
A brand registered as on 15.05.2017 under the Copyright Act, 1957 shall also be treated as a registered brand for the purposes of levy of 5% GST. 
Categories: India News

SC orders Unitech to pay litigation cost to house buyers

11 hours 56 min ago
In a first of its kind order, the Supreme Court on Wednesday directed Unitech to pay litigation cost to home buyers who have succeeded before the grievance redressal commission in their lawsuit against the real estate major.
Categories: India News

No shortage of sugar, won't allow prices to go up: Ram Vilas Paswan

12 hours 15 min ago
There is no supply crunch in the country and the government has allowed southern mills to import 3 lakh tonnes of raw sugar at a concessional duty of 25 percent to augment domestic supplies during the festival season, Paswan said.
Categories: India News

Toyota launches Etios Cross X-Edition

12 hours 22 min ago
Limited edition Etios Cross comes with aesthetic changes both inside and out along with a new 6.8-inch touchscreen infotainment system.
Categories: India News

Package soon to boost economy; no cuts in petrol, diesel rates: Arun Jaitley

12 hours 48 min ago
Asked about the possibility of a cut in excise duties on petroleum products, Jaitley said government needed money for public spending to push growth and for social sector schemes.
Categories: India News

IUC cut to hit telcos' biz by Rs 5k cr, 2G calls to suffer: COAI

13 hours 10 min ago
Regulator Trai's decision to cut call connection charge rate by more than half, if executed, will hit earnings of old mobile operators to the tune of Rs 5,000 crore in the current fiscal, industry body COAI on Wednesday said.
Categories: India News

SBI Life IPO subscribed 9% on Day 1

13 hours 20 min ago
The Rs 8,400 crore initial public offer (IPO) received bids for 83,67,555 shares against the total issue size of 8,82,00,000 shares, data available with the NSE showed.
Categories: India News

Willing to support startups with passionate founders: Ratan Tata

13 hours 33 min ago
"A founder who has a passion to stay with something and build it into a sustainable company is somebody I tend to support," he said.
Categories: India News

Rupee gains 6 paise to 64.27 vs USD ahead of Fed meet outcome

13 hours 33 min ago
The home currency plunged sharply to hit a low of 64.43 in mid-morning session on heavy dollar demand before recuperating losses.
Categories: India News

Reliance Home Finance to list on stock exchanges on Friday

13 hours 48 min ago
All shareholders of Reliance Capital have already received one free share of Reliance Home Finance for every share held in Reliance Capital as on record date -- September 6.
Categories: India News

Need revenue for public spending: Jaitley on high oil taxes

14 hours 17 min ago
Petrol price has risen by Rs 7.44 per litre since early July to cost Rs 70.52 a litre in Delhi, the highest in three years.
Categories: India News

GDP growth at 3-year low: Additional measures on the anvil to boost economy, says Jaitley

14 hours 31 min ago
Jaitley further said this is a proactive government and has been reacting to the situation as when the situation demanded.
Categories: India News

India replaces China as top retail destination in 2017: Study

14 hours 43 min ago
The change in ranking was an outcome of four factors including increased consumer spending, beyond essentials, rising mobile and internet penetration, favourable foreign investment climate and bold action on cashless transaction and GST.
Categories: India News

Ratan Tata expresses confidence in Narendra Modi, says PM will create 'new India'

15 hours 17 min ago
The veteran industrialist said that he has closely seen the prime minister since his days as chief minister of Gujarat. 
Categories: India News

GDP growth at 3-year low: Govt will announce additional measures to boost economy, says FM Jaitley

15 hours 45 min ago
Jaitley further said this is a proactive government and has been reacting to the situation as when the situation demanded.
Categories: India News

Examining reports on black money commissioned by UPA: Modi govt

16 hours 9 min ago
The NIPFP, NCAER and NIFM reports were received by the government on December 30, 2013, July 18, 2014, and August 21, 2014, respectively.
Categories: India News

Railway employees to get 78-day wages as productivity-linked bonus

16 hours 44 min ago
The decision was taken at a Cabinet meeting chaired by Prime Minister Narendra Modi.
Categories: India News

Gold price snaps 4-day losing streak, rises to Rs 30,750 per 10 grams

17 hours 3 min ago
In the national capital, gold of 99.9 percent and 99.5 percent purity rose by Rs 150 each to Rs 30,750 and Rs 30,600 per 10 grams, respectively.
Categories: India News

Centre to handover 3 ITDC hotels to state governments

17 hours 19 min ago
The policy has been formulated keeping in view that running and managing hotels on professional lines is not the job of government or its entities.
Categories: India News