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Mamata Banerjee takes a swipe at BJP after ED raids Bengal Minister's house | Mallikarjun Kharge slams BJP over ED raids in Rajasthan, says 'last move ahead of polls seeing defeat' | Qatar gives 8 Indian Navy veterans death penalty; 'deeply shocked' Indian govt to challenge order | Cash for query row: Lok Sabha Ethics Committee summons TMC MP Mahua Moitra | PDP re-elects Mehbooba Mufti as party chief for another term | Kashmir: Infiltration bid foiled in Kupwara, two militants killed | Mahua Moitra's 'cash for questions' row: Lawyer Jai Dehadrai, Nishikant Dubey to appear before LS ethics committee today | US: 22 die in mass shooting in Lewiston, gunman at large | Israel delays invasion of Gaza after US request: Reports | 'Those who are against terrorism are with us': Israeli ambassador Naor Gilon lauds India's support

Indian Market: Sensex down by 190.10 pts

May 12, 2020, at 04:38 pm

Mumbai/UNI:  The benchmark index of Bombay Stock Exchange slipped further by 190.10 pts on Tuesday to settle at 31,371.12 in highly volatile trade on heavy selling in Energy, Oil and Gas, Capital Goods, Bankex, Industrials and Health Care stocks amid positive European cues.

Indian Rupee down 18 paise against USD

May 12, 2020, at 12:13 pm

Mumbai/UNI: The Rupee declined further by 18 paise to 75.92 on Tuesday in opening trade against the US Dollar on rising demand for US dollar by bankers and importers, dealers at Forex Market said.

The Time to Secure Your Financial Future Is Now: 4 Alternatives to Stock Market Investments

May 12, 2020, at 11:47 am

Stocks are usually what the general public invest their money in, not knowing that there are alternatives out there. In fact, there are even better investments out there that could provide a larger rate of return, if they’re invested into properly. Most people just aren’t aware that these options exist and could be placing their money in something more stable and financially sound than the stock market.

Indian Market: Sensex down by over 400 pts

May 12, 2020, at 10:50 am

Mumbai/UNI:  The benchmark index of Bombay Stock Exchange lost another 404 points to 31,156.95 in early trade on Tuesday as heavy selling was witnessed in Finance, Bankex, Auto and Capital Good s stocks amid negative global cues.

Redington to offer new iPhone SE; phone packs in A13 Bionic, Portrait mode, and more

May 11, 2020, at 08:15 pm

Kolkata/IBNS: Redington, which provides distribution and other solutions to companies, said it will retail the new iPhone SE.

Indian Rupee down by 20 paise against USD

May 11, 2020, at 03:58 pm

Mumbai/UNI:  The Rupee on Monday slipped by 20 paise to close at 75.74 against the USD, on rising demand for US Dollar by bankers and exporters dealers at the forex market informed.

Panasonic India resumes sales in the country

May 11, 2020, at 03:51 pm

Kolkata/UNI: Panasonic India, a diversified technology company, today announced that it has resumed sale of its products where allowed as per Govt guidelines.

COVID-19 lockdown: Colombian airline Avianca files for bankruptcy

May 11, 2020, at 12:57 pm

Bogota/IBNS:  Reflecting the trouble faced by the aviation sector owing to lockdown imposed by countries to counter COVID-19 outbreak, Colombia's national airline, Avianca, has filed for bankruptcy protection in a US court. 

Indian Rupee opens weak by 5 paise against USD

May 11, 2020, at 10:56 am

Mumbai/UNI: The Rupee on Monday fell by five paise to 75.59 against the US Dollar in opening session on rising demand for US dollar by bankers and importers, dealers at Forex Market said.

Indian Market: Sensex rallies by 489 pts

May 11, 2020, at 10:52 am

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Monday spurted by 489 pts, to 32,132.69 in early trade on brisk buying in Auto, Energy, IT and Consumer Durable stocks amid positive global peers.

Assam collects Rs 100 crore revenue from liquor sales amid lockdown relaxations, hikes 25 percent excise duty

May 10, 2020, at 06:03 pm

Guwahati/IBNS: Assam government has collected over Rs 100 crore as revenue from liquor sales in the state in last five days after the liquor shops were allowed to open as part of the nationwide lockdown relaxations.

Indian Economy: Sensex slumps 2074.92 points during week

May 09, 2020, at 01:29 pm

Mumbai/UNI: The benchmark Index of Bombay Stock Exchange crashed by 2,074.92 points or 6.15 pc to settle at 31,642.70 in the week under review amid high volatility following a rapid increase in new cases of coronavirus in last few days, played the spoilsport.

COVID-19 lockdown measures will worsen poverty, vulnerabilities among informal economy workers: ILO

May 09, 2020, at 12:19 pm

Geneva/IBNS: COVID-19 lockdown  and containment measures threaten to increase relative poverty levels among the world’s informal economy workers by as much as 56 percentage points in low-income countries, says a new briefing paper  issued by the International Labour Organization.

COVID-19 economic impact: CII bats for an immediate stimulus package of Rs 15 lakh crore

May 09, 2020, at 10:04 am

New Delhi/IBNS: Top industry body The Confederation of Indian Industry (CII) on Friday said a stimulus package of Rs 15 lakh crore is needed to tackle the impact of a prolonged lockdown on the country's economy.

Indian Rupee up by 22 paise against USD

May 08, 2020, at 05:53 pm

Mumbai/UNI: The Rupee on Friday rallied by 22 paise to close positive at 75.54 against the USD, on the selling of US Dollar by bankers and exporters dealers at the forex market informed.

Hindustan Unilever moves up by 4.81 pc to Rs 2088.35

May 08, 2020, at 05:51 pm

Mumbai/UNI:  Hindustan Unilever on Wednesday surged by 4.81 pc to Rs 2088.35 was the major gainer in 30 scrips of BSE.

Indian Market: Sensex recovers 199.32 pts

May 08, 2020, at 05:23 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Friday recovered by 199.32 pts to close at 31,642.70 following gains in Energy, FMCG, Health care, Technology and IT stocks amid positive global peers.

Bitcoin Price Surpasses $10,000 for First Time Since February 19 – Trading Data

May 08, 2020, at 03:44 pm

Moscow/Sputnik/UNI: The price of the most popular cryptocurrency, Bitcoin, rose on Friday to more than $10,000 for the first time since February 19, the trading data showed.

JK Tyre partially resumes operations in India

May 08, 2020, at 03:43 pm

New Delhi/IBNS:  Indian tyre industry major and the pioneer of radial tyre technology in the country, JK Tyre & Industries Ltd, on Friday announced partial resumption of operations after adhering to the guidelines issued by the Ministry of Home Affairs, Government of India and permissions granted by the respective state governments and local authorities.

Uber reports losses of 2.9 bln USD in first quarter

May 08, 2020, at 03:40 pm

San Francisco/Xinhua: US ride-hailing company Uber Technologies on Thursday announced its first-quarter financial results of 2020, with 3.54 billion U.S. dollars of revenue and 1.7 dollars of loss per share.

Indian Rupee opens strong at 75.40 versus by USD

May 08, 2020, at 12:20 pm

Mumbai/UNI: The Rupee on Friday advanced by 36 paise to 75.40 against the US Dollar in opening session on selling of US dollar by bankers and exporters, dealers at Forex Market said.

Indian Market: Sensex surges over 600 pts

May 08, 2020, at 11:53 am

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Friday rallied by 645 pts, breaching 32k level to 32,088.51 in early trade as buying was witnessed across the board amid positive Asian Market.

US-based firm Vista Equity Partners to invest Rs 11,367 crore in Reliance Jio Platforms

May 08, 2020, at 09:32 am

Mumbai/IBNS:  Reliance Industries Limited on Friday announced that US-based Vista Equity Partners will invest  Rs 11,367 crore in Jio Platforms.

ICICI Bank provides protective equipment to district administrations, municipal corporations and police forces in Rajasthan

May 07, 2020, at 07:22 pm

Jaipur/IBNS: ICICI Bank, one of India's key private lenders, collaborated with Rajasthan government to provide protective equipment to district administrations, municipal corporations, hospitals and police departments working to combat the pandemic.

TVS Eurogrip introduces retailer e-ordering facility to adhere to social distancing norms

May 07, 2020, at 06:50 pm

Kolkata/IBNS: TVS Srichakra Limited, one of India's leading two- and three-wheeler tyre company, announced a new feature of e-ordering facility in its retailer app “TVS Eurogrip Bandhan”.

Axis Bank rolls out Mobile ATM in West Bengal

May 07, 2020, at 06:27 pm

Kolkata/IBNS: Taking a step towards offering ease and convenience to citizens, Axis Bank has deployed a mobile ATM Van in West Bengal.

Covid-19: Time to relook your Investment portfolio

May 06, 2020, at 08:17 pm

Had anyone thought of this? Clean air, cleaner water, Himalayas seen from as far as 300 kms, drop in crime rate, spending time with our family, reading all the books which were stacked and what not… but all these heavenly things at what cost ?

mjunction plays key role in procurement of essentials for diverse needs, from medical to food to merchandise

May 06, 2020, at 07:26 pm

Kolkata/IBNS: A B2B e-commerce company, mjunction Services Limited, a joint venture of Tata Steel and SAIL, is offering its services as a procurement domain expert, aiding procurement of essential goods and services necessary by various companies at this time of crisis.

Uber offers free rides worth 75 lakhs to West Bengal government for transporting frontline healthcare workers and non-COVID patients

May 06, 2020, at 01:37 pm

Kolkata/IBNS: Uber has offered free rides worth Rs. 75 lakhs to the West Bengal government for emergency services through its UberMedic service, which will transport frontline healthcare workers, government officials on COVID-19 related duties, and support other essential requirements. 

Indian market: Sensex down by 178 pts

May 06, 2020, at 11:38 am

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday dropped further by 178 pts to 31,274.85 in early trade as selling pressure was seen Oil and Gas, Auto, Capital goods and Consumer Durable stocks amid mixed trend in Asian Market.