Bullion Market Opening rates

Jun 12, 2019, at 01:07 pm

Chennai, Jun 12 (UNI) Following is the bullion markets

IBHFL requests SC to take up urgently writ petition filed against it

Jun 12, 2019, at 12:57 pm

New Delhi, Jun 12 (UNI) India Bulls Housing Finance Ltd (IBHFL) on Wednesday mentioned the matter before the Supreme Court vacation bench, that the company was facing share loss due to press reports on a plea filed by a milk vendor and top court should hear the case on an urgent basis.

GRIHA XI to be co-created with UNSW Sydney

Jun 12, 2019, at 12:00 pm

New Delhi, June 10, 2019: The 11th edition of India’s Green Rating for Integrated Habitat Assessment (GRIHA) Council’s annual flagship event will be co-hosted with UNSW Sydney in December 2019.

Centre clarifies after ex-Chief Economic Adviser Arvind Subramanian says growth was 'overestimated'

Jun 12, 2019, at 08:46 am

New Delhi, June 12 (IBNS): As former Chief Economic Adviser Arvind Subramanian suggested that India's growth figures are overestimated, the Centre on Tuesday clarified that the country's economic growth are based on "accepted procedures, methodologies and available data".

Indian Rupee bounces back by 21 paise against USD

Jun 11, 2019, at 06:12 pm

Mumbai, Jun 11 (UNI) The Rupee on Tuesday bounced back by 21 paise to 69.44 against the US Dollar, snapping negative trend of last three session on selling of US Dollars by bankers and exporters, dealer at Forex Market informed.

Indian fuel market: Petrol crosses Rs 76 mark in Mumbai

Jun 11, 2019, at 05:58 pm

New Delhi, Jun 11 (UNI) Petrol prices crossed Rs 76 mark in Mumbai while diesel retailed beyond Rs 68 in Chennai.

Tata Motors DVR move up by 4.38 pc to Rs 84.60

Jun 11, 2019, at 05:49 pm

Mumbai, Jun 11 (UNI) Tata Motors DVR on Tuesday gained by 4.38 per cent to Rs 84.60 to be the top gainers in the 30-share Sensex pack at the Bombay Stock Exchange (BSE).

Indian Market: Sensex rallied by 165.94 pts

Jun 11, 2019, at 05:47 pm

Mumbai, Jun 11 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Tuesday advanced by 165.94 points at 39,950.46 on strong global cues. 

MobiKwik registers Rs 362 cr in GTV in May'19

Jun 11, 2019, at 05:33 pm

Bangalore, Jun 11 (UNI) FinTech Company MobiKwik on Tuesday announced registration of Rs 362 crore in Gross Transaction Value (in terms of value of total funds transferred from its wallet to bank) in the month of May 2019.

New GST Return form to be applicable from January next year

Jun 11, 2019, at 05:32 pm

New Delhi, Jun 11 (UNI) The government announced on Tuesday that a new GST return system will be introduced to facilitate taxpayers and from January 2020 onwards, all taxpayers will be filing Form GST RET-01.

Mercedes-Benz appoints Santosh Iyer as the Head of Sales and Marketing for India

Jun 11, 2019, at 05:13 pm

Pune, June 11 (IBNS): India’s largest luxury car maker Mercedes-Benz India on Tuesday, announced an organizational change in its Sales & Marketing function effective from July 1.

India, France ink pact on railway modernisation

Jun 10, 2019, at 09:06 pm

New Delhi, June 10 (UNI): India and France on Monday signed an agreement to support India’s modernisation of railways stations.

L&T Construction bags contracts for its various businesses

Jun 10, 2019, at 05:45 pm

Mumbai, Jun 10 (UNI) Larsen and Toubro L&T said that its Construction arm has secured orders from prestigious clients across various Indian states for its varied businesses.

Reserve Bank of India penalises Kotak Mahindra Bank for Rs 2 crore

Jun 10, 2019, at 05:38 pm

Mumbai, June 10 (UNI )The Reserve Bank of India (RBI) imposed a monetary penalty of Rs two crore on Kotak Mahindra Bank Limited for non-compliance, with the directions issued to the bank by RBI in exercise of its powers under Sections 27(2) and 35A of the Banking Regulation Act, 1949 (the Act), to furnish information specified therein. 

Indian market: Sensex up by 168.62 pts

Jun 10, 2019, at 05:22 pm

Mumbai, Jun 10 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Monday went up by 168.62 points at 39,784.52 on renewed buying in Materials, IT, Technology, Auto and Capital Goods stocks, amid positive global cues. 

Indian market: Sensex declines by 98.30 pts during week

Jun 08, 2019, at 04:08 pm

Mumbai, Jun 8 (UNI) The benchmark index of Bombay Stock Exchange (BSE) fell by 98.30 points to settle at 39,615.90 in the week ended on Friday after the forecast of a delay in the onset of the southwest monsoon and concerns over global trade tensions in Amercial and China.

Kamdhenu Ltd. to enhance production capacity of ‘Kamdhenu Colour Max’ in West Bengal

Jun 07, 2019, at 06:13 pm

Kolkata, June 7 (IBNS): Kamdhenu Ltd., a full-scale one stop building materials solutions company is planning to augment its manufacturing capacity in West Bengal for the production of its high qality range of colour coated sheets ‘Kamdhenu Colour Max’.

Indian market: Sensex recovers by 86.18 pts

Jun 07, 2019, at 04:26 pm

Mumbai, Jun 7 (UNI) The BSE Sensex on Friday recovered by 86.18 points to end positive at 39,615.90, snapping a losing streak of last two session on fresh gains in IT, Telecom, Bankex and Consumer Durable stocks.

World Bank downgrades global growth forecasts, poorest countries hardest hit

Jun 07, 2019, at 09:42 am

New York, June 7 (IBNS): The World Bank has lowered its expectations of global economic growth for this year in a new report. It says that, although the picture for poorer countries is expected to stabilize in 2020, economic momentum remains weak.

UN ‘financial crisis,’ years in the making, Guterres tells budget body, proposes solutions

Jun 07, 2019, at 09:38 am

New York, June 7 (IBNS): The UN’s financial crisis has been years in the making and is undermining the organization’s mandates and reform efforts, Secretary-General António Guterres told the Fifth Committee,  the body responsible for the United Nations budget,  on Tuesday.

Azim Premji to retire as Wipro chairman, son Rishad to take over

Jun 06, 2019, at 10:31 pm

Mumbai, Jun 6 (IBNS): IT veteran Azim Premji will retire as the executive chairman of the Wipro Limited with effect from July 30.

Market welcomes RBI's decision to cut repo rate by 25 bps

Jun 06, 2019, at 04:34 pm

Mumbai, Jun 6 (IBNS): The Reserve Bank of India (RBI)'s decision to cut the repo rate by 25 basis points (bps) has received a good response from the market.

Loans could get cheaper as RBI cuts repo rate by 25 bps to 5.75 pc

Jun 06, 2019, at 01:00 pm

Mumbai, Jun 6 (UNI): Reserve Bank of India (RBI) on Thursday cut the repo rate by 25 basis points (bps) to 5.75 per cent with immediate effect in its second bi-monthly monetary policy, RBI Governor Shaktikanta Das said.

RBI cuts repo rate by 25 bps

Jun 06, 2019, at 12:10 pm

Mumbai, Jun 6 (IBNS): For the third time in a row, the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points on Thursday, media reports said.

Goa CM Pramod Sawant assures industry of 'single window' clearance system in three months

Jun 06, 2019, at 11:09 am

Panaji, Jun 6 (UNI): Goa Chief Minister Pramod Sawant has assured the Goan industry of a single window clearance system through the Goa Investment Promotions and Facilitation Board in three months time.

Work on Economic Census- 2019 gathers momentum

Jun 05, 2019, at 08:40 pm

New Delhi, Jun 5 (UNI): Confronted with problems of joblessness and slump-down in Gross Domestic Product, the National Democratic Alliance Government has begun preparations to hold the seventh economic census in the country.

TRA launches most trusted brand report

Jun 05, 2019, at 07:50 pm

Hyderabad, Jun 5 (UNI): Trust Research Advisory's (TRA) most trusted brands report, India study, 2019, in its ninth edition, has listed the country’s 1,000 most trusted brands based on a primary study with consumer-influencers and on TRA’s proprietary model of brand trust.

World Bank lowers 2019 global growth forecast, maintains projection for China

Jun 05, 2019, at 05:25 pm

Washington, June 5 (Xinhua) The World Bank on Tuesday lowered its global growth forecast for 2019 to 2.6 percent, while maintaining its growth projection for China at 6.2 per cent, according to the newly released semi-annual Global Economic Prospects report.

Alliance Air starts flight service from Jharsuguda to Bhubaneswar and Raipur

Jun 05, 2019, at 04:58 pm

Bhubaneswar, Jun 5 (UNI) Alliance Air, a subsidiary of state-run Air India today started direct flights from Veer Surendra Sai (VSS) Airport at Jharsuguda to Bhubaneswar and Raipur.

World Bank puts India's growth forecast at 7.5 percent for fiscal 2020

Jun 05, 2019, at 09:06 am

Washington, June 5 (IBNS): In its current forecast, World Bank has put India's growth rate at 7.5 percent in the present financial year.