Last month, a study by a RBI panel said the overall deficit in credit for the MSME sector is estimated at about Rs 20 lakh crore to 25 lakh crore

Chinese firm Tsingshan Holding Group has been buying large quantities of stainless steel ingredient nickel on the London Metal Exchange (LME) to supplement its own output, two sources familiar with the matter said.

U.S. stock indexes advanced on Friday as solid results from Microsoft lifted technology stocks and added to an upbeat mood following signs from New York Fed President John Williams that the central bank would lower interest rates this month.

Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution experts look to find a potential buyer.

The issue opened for subscription by institutional investors on July 18 and received bids for over Rs 19,000 crore.

There’s lack of awareness about women’s health in India, mostly due to the taboos and superstitions associated with female genital hygiene and menstruation.

The transaction saw an oversubscription of more than four times with active participation from more than 140 major international investor accounts, allowing it to price inside its current market levels with the tightest coupon ever on its five-year bond.

Reliance Industrial Investments and Holdings (RIIHL) is the sponsor of the trust, which holds 51 per cent share capital of Reliance Jio lnfratel Private Limited (RJIPL), an entity to which the tower assets undertaking of Reliance Jio were recently transferred.

EU has stringent norms on accepting consignments has deterred Indian suppliers.

Indian farmers planted an array of summer-sown crops on 56.7 million hectares, down 6.9% year on year, agriculture ministry data showed on Friday, narrowing the sowing gap estimate from the previous week.

Forex traders said the rupee along with most Asian currencies strengthened following dovish comments from New York Fed officials, offsetting the impact of soaring crude oil prices amid fresh geopolitical tensions in the Middle East.

Tomato prices in the retail markets of Delhi-NCR have shot up to Rs 60-80 per kg owing to supply disruptions following rains in key producing states.

The revenue of the telecom operator came in at Rs. 11,679 crore in the June quarter.

Consumers in leading Asian hubs continued to sell off physical gold this week, with some switching their holdings to silver, after a jump in prices that also attracted interest from investors betting further gains.

Consumers in leading Asian hubs continued to sell off physical gold this week, with some switching their holdings to silver, after a jump in prices that also attracted interest from investors betting further gains.

Activist investor Elliott Capital Advisors has trimmed its stake in Premier Inn owner Whitbread to below 5%, a filing on Friday showed.

Revenue from operations stood at Rs 161,349 crore, up 21.2 per cent YoY against Rs 133,069 crore posted in the corresponding quarter of the previous fiscal.

The stretched meeting gains importance as it was the first interaction between co-founders Rahul Bhatia and Rakesh Gangwal since their differences became public earlier this month.

Total income during the latest June quarter rose to Rs 3,689.50 crore from Rs 3,170.42 crore in the year-ago period, LTFH said in a release.

Reliance Industries earnings, Reliance Industries share price: Reliance Industries results: RIL shares finished 1.01 per cent lower at Rs 1,249 apiece on the BSE ahead of the earnings announcement by...

Bank deposits rose Rs 1.82 lakh crore to 126.75 lakh crore in the two weeks ended July 5

In May, 4.18 million mobile subscribers opted to change their service providers

2019 has been one of the best years for gold investors as the metal has delivered returns of 12.5 per cent so far

The company had registered a net profit of Rs 197.5 crore in the corresponding quarter of the previous fiscal, it said in a regulatory filing.

Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the company looks to shore up its position as a leader in drilling technology.

The total expenses during the quarter increased to Rs 3,073 crore, against Rs 2,995 crore in the year-ago period, the filing said.

Global stocks rose on Friday as investors firmed up bets on a U.S. interest rate cut at the end of July after a speech by a top Federal Reserve official further cemented expectations for one, fuelling appetite for risky assets and capping the dollar.

The portal comes under the administrative control of the commerce ministry.

Total income increased slightly to Rs 222.74 crore during the latest June quarter from Rs 221.54 crore in the year-ago period.

In Delhi, gold of 99.9 per cent and 99.5 per cent purity gained Rs 280 to Rs 35,950 and Rs 35,780 per 10 grams, respectively.

Speaking about banks, Sambre said, "We are focused on banks with good underwriting skills and high asset quality."

Sale of a significant stake in its tower assets would help in further debt reduction, the ratings agency added.

Credit card issuer American Express Co reported an 8.5% rise in second-quarter profit on Friday, boosted by higher customer spending.

Here is a roundup of the key happenings in the commodities market

The Nifty Auto index hitting a three-year low on Friday. Thus far in the calendar year 2019, auto index slipped 21 per cent, against 5 per cent rise in the benchmark index

IndiGo, now the largest airline in the country by market share, reported a 12.8 per cent rise in its yield during the quarter

IndiGo, now the largest airline in the country by market share, reported a 12.8 per cent rise in its yield during the quarter

An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented U.S. fund managers further afield in search of income at attractive prices.

For the assessment year 2019-20 (financial year 2018-19), July 31, 2019 is the deadline for individuals to file income tax return.

The development comes at a time when Softbank is learnt to be looking at investing a mammoth amount of funding in the hospitality firm for increasing its shareholding in the company.

The development comes at a time when Softbank is learnt to be looking at investing a mammoth amount of funding in the hospitality firm for increasing its shareholding in the company.

Gold bond scheme: Sovereign Gold Bond is a certificate scheme in which the Reserve Bank of India issues bonds on behalf of Government of India, through scheduled commercial banks, Stock Holding...

Indian airline operator Interglobe Aviation Ltd reported a surge in profit for the June quarter on Friday, benefiting from the collapse of Jet Airways, as more passengers chose to fly its low-cost carrier IndiGo.

Bharat Forge is supporting Tork and Tevva with funding and skilled manpower to expedite the implementation of new product developments, and provide a robust supply chain to gain speed to market at reduced costs.

If the listing plans fructify, this could arguably be the first major domestic IPO of an Indian company with a Chinese parent, sources said

The gross direct premium income saw a 7.6 percent degrowth in the June quarter

China is keeping all its economic policy tools within reach as the trade war with the United States gets longer and costlier, but still sees more aggressive action like interest rate cuts as a last resort should the dispute get uglier, policy sources say.

Asian spot prices for liquefied natural gas (LNG) slipped this week tracking a fall in European gas prices though traders anticipate prices to bottom out soon ahead of peak winter demand.

Gold eased on Friday as investors booked profits after prices raced past $1,450 an ounce to hit a six-year peak, but Middle East tensions and prospects for lower interest rates kept bullion on track for a second week of gains.

The Sensex fell 560 points or 1.44 per cent to close at 38,337 and the NSE Nifty 50 Index dropped 1.53 per cent or 178 points to settle at 11,419.

In the depths of the financial crisis, when the world was shunning debt and battening down for the worst, city officials here zagged in what seemed a preposterous direction and spent $600 million on a new convention center.

The aim of the GeM is to achieve a target of Rs 1 lakh crore gross merchandise volume (GMV) on the marketplace in FY 2019-20.

The biosimilar launched by Amgen and Allergan hit the Biocon scrip, which dropped 8.17 percent and was trading at Rs 241.55 on the BSE at 3 pm.

Earlier this month, GoAir had announced new flights on Delhi-Abu Dhabi-Delhi, Mumbai-Muscat-Mumbai and Kannur-Muscat-Kannur routes

The price of rhodium, a precious metal used to curb harmful emissions from vehicle engines, has rocketed to its highest since 2008 as tightening environmental regulation compels auto makers to buy more just as supply looks set to stagnate.

RBL Bank earnings, RBL Bank share price: RBL Bank said its net interest margin (NIM) improved to 4.31% in the quarter ended June 30, from 4.04% a year ago.

RBL Bank earnings, RBL Bank share price: RBL Bank said its net interest margin (NIM) improved to 4.31% in the quarter ended June 30, from 4.04% a year ago.

The top IT companies have ramped-up their hiring for the quarter, especially in new age technologies.

As per GPF rules, all temporary government servants after a continuous service of one year, all re-employed pensioners (other than those eligible for admission to the contributory provident fund) and...

India’s three largest steel players are trading at 6-8 times their estimated EV/EBITDA for FY20, which is a bit on the higher side in light of the expected cut in earnings

SBI ATM Rules: SBI customers can generate request for a cheque book, make bill payments, register for mobile banking and IMPS service using SBI ATM.

For the June quarter, RBL Bank posted a 41 per cent year-on-year (YoY) rise in net profit or PAT (profit after tax) at Rs 267.1 crore. Sequentially, the numbers grew 8 per cent.

Sakshi Batra does a 3-Point Analysis to find out whether one should stick to equity markets - or switch to bond market.

As part of these transactions, current investors Lightspeed Venture Partners and Sequoia India are selling portions of their holdings in Oyo

Chancellor Angela Merkel said on Friday she favoured carbon prices to incentivise savings in climate-damaging emissions, as Germany struggles to meet its 2030 environmental targets.

Investors worldwide poured a net $18.3 billion into bonds and equity funds in the past week, Bank of America Merrill Lynch (BAML) said on Friday, amid rising hopes of interest rate cuts by the U.S. Federal Reserve.

The move assumes significance as Reliance Jio stormed into the highly-competitive telecom sector in September 2016 with its disruptive voice and data offerings, while Bharti Airtel had launched its services way back in 1995.

The labour ministry says the EPF interest rate was fixed by EPFO after keeping a reasonable surplus.The finance ministry had asked the labour ministry to cut down the interest rate for FY 2018-19

Global stocks rose on Friday as investors firmed up bets on a U.S. interest rate cut at the end of July after a speech by a top Federal Reserve official further cemented expectations for one, fuelling appetite for risky assets and capping the dollar.

Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp.

Gross NPAs as on June 30, 2019 stood at 2.02 per cent against 2.04 per cent as on March 31, 2019 while Net NPAs stood at 0.56 per cent against 0.58 per cent in the previous quarter.

Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that suppliers are gearing up for rule changes to make marine fuel cleaner.

Spanish authorities fear that a speculative rush threatens to hold back the development of renewable energy, saying coveted rights to connect to the national power grid are being secured with the sole aim of selling them on for a profit.

The dress went right with some of the key trends this summer, such as prairie silhouette, animal prints, and loose fit

Thus far in the calendar year 2019, auto index slipped 21 per cent, against 5 per cent rise in the benchmark index

US president’s latest broadside follows market confusion over rate cuts

Gold eased on Friday as investors locked in profits after the bullion surpassed $1,450 an ounce for the first time in more than six years on dovish signals on monetary policy from the U.S. Federal Reserve and fresh tensions in the Middle East.

While EPF and GPF are compulsory retirement saving options, Public Provident Fund (PPF) account is an investment avenue with income tax benefits.

Jio has disrupted the telecom industry in the country since it was launched in 2016, offering cheap bundles and prompting shutdowns

BMW has named Oliver Zipse as its new CEO, hoping the "decisive" company lifer will help the automaker regain its edge in electric cars and win back the premium market lead lost to Mercedes-Benz under his consensus-seeking predecessor.

(Makes clear in paragraph 7 that the VKU quote applies to the necessity of monitoring supply security when exiting coal.)

Equity markets plunged sharply with benchmark indices losing almost 1.50% each, amid heavy selling in auto and financial stocks. BSE Sensex closed 560 points down at 38,337 against the last close of 38,897.46. NSE Nifty50 ended at 11,419, declining by 177 points against the last close of 11,474.

India expects to achieve a renewable energy capacity target of 260 gigawatt (GW) by 2024, a government official said on Friday, as the country sees rapid growth in renewable capacity backed by government orders, private equity and pension fund investments.

In May, 4.18 million mobile subscribers opted to change their service providers

Dovish remarks from top Fed official deepen expectations for new ECB stimulus

Oil prices rose on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.

Co-founder Rahul Bhatia and Rakesh Gangwal face off for the first time at today's board meeting after they made their differences official

Co-founder Rahul Bhatia and Rakesh Gangwal face off for the first time at today's board meeting after they made their differences official

Shares of cement maker ACC rose by over 5% Friday after the company reported 38.6% rise in net profit and flagged better demand and growth going forward.

The government plans to raise up to Rs 10,000 crore from this tranche of the CPSE ETF, which tracks shares of 11 Central Public Sector Enterprises (CPSEs).

British travel-food company SSP Group Plc reported higher quarterly revenue on Friday but said some of its airports in North America were hit by the grounding of Boeing 737 MAX aircraft and the transfer of passengers away from its terminals.

While Sensex lost 560 points or 1.44% to 38,337 level, Nifty fell 1.53% or 177 points to 11,419. Market breadth was negative with 664 stocks closing higher compared to 1,877 falling on BSE.

A sharp rally in the stock pushed the market capitalisation of HDFC AMC above Rs 50,000 crore mark in the intra-day trade today.

In some rare cases monitoring month on month performance still serves.AMFI changed the format of releasing monthly figures in April this year owing to the re-categorisation of mutual fund schemes

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The move will be of interest to startups keen to raise capital without diluting their stake

While at one hand the Left government is trying to project an image of being business-friendly, on the other it is stuck in petty red-tape.

Oil prices rose nearly 2% on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.

The applicant is also required to provide certain documents along with the completed PAN card form as proof of identity, proof of address and proof of date of birth (DoB).

The author on defending Islam, her unconventional family — and why she broke with a convent

The International Energy Agency (IEA) expects India to revise its renewable energy capacity addition target in the coming years, a top executive of the energy body said on Friday.

Share Market News: Choice Broking recommends selling Sun Pharma shares in the range of Rs 429 and up to Rs 432 for downside target of Rs 412 with stop loss at Rs 438.

The summits demonstrated the importance that the US administration and the US Congress attach to the relationship with India along with businesses and think tanks.

Suzlon’s OM services business is probably the biggest attraction for Brookfield; while ownership of land parcels is another asset that a buyer will see value in

Under Harald Krueger's leadership, BMW was overtaken by Mercedes-Benz as the best-selling luxury car brand in 2016 and ceded ground to start-up rival Tesla in the segment of premium electric cars.

BMW named Oliver Zipse as its new chief executive late on Thursday, praising his "decisive" qualities after the luxury carmaker lost its edge in electric cars and ceded the premium sales crown to Mercedes under his consensus-seeking predecessor.

The report notes that all related-party transactions were ‘placed before the audit committee for review and approved’

The report notes that all related-party transactions were ‘placed before the audit committee for review and approved’

Strong flows into passive products still help send assets under management to almost $7tn

Verily and Pampers say Lumi nappies will track when babies sleep, wee and poo

Beijing hopes Star Market will take business from Hong Kong and New York

All certificates can be accessed by students using the National Academic Depository

For other updates in the Aadhaar card, users are required to visit the nearest Aadhaar center, said UIDAI on its official website- uidai.gov.in.

Indian shares gave up early gains to trade lower on Friday, with auto and financial stocks taking the brunt of the losses, while Yes Bank Ltd extended losses after posting weak quarterly results.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.03 % to 96.81

America’s biggest solar power developers are stockpiling panels to lock in a 30% federal tax credit set to start phasing out next year, a strategy that could backfire if projects do not materialize or panel prices slide substantially.

The government has asked states and UTs to induct more EVs into public transport and communicate by August 31 the steps being planned to promote faster adoption of EVs

Electric vehicles are not expected to make a dent on crude demand in India and elsewhere, IEA's Fatih Birol also said, adding that he expects India's oil demand to continue rising.

In the past three months, MSIL has underperformed the market by falling 22 per cent, as compared to 1 per cent decline in the S&P BSE Sensex

The metal has gained nearly 2% so far this week, on track for a second consecutive weekly gain

Domestic equity benchmark BSE Sensex dropped nearly 200 points in early trade Friday amid heavy foreign fund outflow and weak domestic headwinds. The

Wilton’s Music Hall awaits.

DVC's three plants where FGD systems will be set up are Durgapur Steel Thermal Power Station (2x500 MW), Mejia Thermal Power Station (2x500 MW) and Raghunathpur Thermal Power Station (2x600 MW) - in West Bengal, Larsen Toubro (LT) said in a regulatory filing.

IDFC First Bank offers short-term FDs ranging from seven days to one year and long-term FDs ranging from one to ten years.The monthly minimum balance requirement per account in IDFC First Bank is ₹25,000

Chinese oil refiners want changes to tax laws on the consumption and sale of fuel oil in order to start producing low-sulphur marine fuel when new global clean fuel rules start in 2020, four executives at Chinese oil companies said this week.

General Motors Co unveiled on Thursday its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No. 1 U.S. automaker faces mounting pressures in a sluggish and uncertain global sales environment.

Domestic stock markets gave up early gains on Friday amid weakness in auto stocks, despite advances in Asian peers. The S&P BSE Sensex index fell as much as 441.99 points from its intraday high of...

Sensex LIVE updates, Nifty LIVE updates: Selling in automobile and financial stocks dragged the markets lower. Analysts awaited more large cap companies to report their earnings for the April-June...

Gold on Friday surpassed the key $1,450 level for the first time since May 2013, after comments from a top Federal Reserve official bolstered expectations of an interest rate cut, while fresh tensions in the Middle East further supported bullion.

The company posted 39 per cent year-on-year jump in consolidated net profit at Rs 456 crore in June quarter on the back of higher realisation.

NSC scheme: Get a detailed overview of the National Saving Certificate including features and benefits of investing in NSC. Also learn comparison of NSC with other investment schemes.

World’s biggest brewer seeks to raise cash a week after pulling Asia division flotation

Asian stocks advanced on Friday after a top Federal Reserve official cemented expectations of a U.S. interest rate cut later this month, fuelling appetite for riskier assets and keeping a cap on the dollar.

Savings Plan: The Government offers various saving schemes to suit the different needs of investors. Check-out the various types of savings schemes in India along with their features benefits

Oil prices climbed around 2% on Friday after the U.S. Navy destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows, again raising tensions in the Middle East.

As soon as supermarket manager Cho Min-hyuk got to work the day after Tokyo imposed curbs on exports to South Korea, he pulled all Japanese products off the shelves.

Sensex LIVE updates, Nifty LIVE updates: Advances in financials, IT, metal and pharma stocks supported the markets. Analysts awaited more large cap companies to report their earnings for the...

On Thursday, the Sensex and Nifty ended 0.81 per cent and 0.78 per cent lower, snapping a three-day winning streak.

The announcement comes nearly a year after the group announced plans to invest nearly Rs 4,000 crore in the gas business.

The announcement comes nearly a year after the group announced plans to invest nearly Rs 4,000 crore in the gas business.

The pilot project, called Medicine from the Sky, will run in partnership with the state government and HealthNet Global Limited, according to an official release.

When contacted, a ShopClues spokesperson said the company has been steadily reducing its workforce mostly in operating functions as it leverages gains from technology.

The benchmark indices may take hint from their global peers which moved higher after expectations of a rate cut by Federal Reserve strengthened.

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

IT firm Cyient stock fell the most on BSE, after hitting a fresh 52-week low, as the company recorded losses in its Q1 earnings report.

Companies to build facility where testing data can be stored in China

Derivative strategy by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities.

Hiring through contract is on the rise, which the economists and labour unions think will adversely affect productivity and human capital, although industry is batting for it.

Hiring through contract is on the rise, which the economists and labour unions think will adversely affect productivity and human capital, although industry is batting for it.

Hiring through contract is on the rise, which the economists and labour unions think will adversely affect productivity and human capital, although industry is batting for it.

Catch all the live market updates here

Catch all the live market updates here

Catch all the live market updates here

Catch all the live market updates here

Catch all the live market updates here

Catch all the live market updates here

In the broader market, S&P BSE MidCap closed 285 points, or 2 per cent, lower at 14,078 level while the S&P BSE SmallCap slipped 248 points, or 1.83 per cent, at 13,310 levels.

Catch all the live market updates here

Catch all the live market updates here

Catch all the live market updates here

World’s biggest brewer looks to pay down debt after failed listing of Asia business

Brewer offloads Australian unit a week after failed IPO of Asian business

World’s biggest brewer looks to pay down debt after failed listing of Asia business

Oil prices rose more than 1% on Friday after the U.S. Navy destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows, again raising tensions in the Middle East.

National Australia Bank Ltd hired the man credited with turning around Royal Bank of Scotland as its new chief executive, following the abrupt departure of its leaders earlier in the year in the fallout of a misconduct inquiry.

Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a U.S. interest rate cut later this month.

Nifty, Nifty Bank, HDFC, Tata Motors, GAIL

J.C. Penney Co Inc has hired advisers to explore debt restructuring options that would buy more time for the money-losing U.S. retailer to forge a turnaround, people familiar with the matter said on Thursday.

The rupee opened strong and appreciated by 23 paise to Rs 68.74 against the US dollar at the interbank forex market and gained further ground to touch Rs 68.74 per dollar, displaying gains of 23 paise over its last close. On Thursday, Indian rupee closed at 68.95 per US dollar.

The We Company, parent of flexible workspace operator WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for an initial public offering (IPO), people familiar with the matter said.

Canada and the European Union are close to agreeing on a possible temporary solution to a U.S. block on appeals in disputes at the World Trade Organization, Prime Minister Justin Trudeau said on Thursday.

Israeli company’s sales pitch claimed technology can access data from Apple, Google, Facebook and Amazon

Sales pitch claimed technology can access data from Apple, Google, Facebook, Amazon

A U.S. airline industry group said it had a "productive" meeting on Thursday with President Donald Trump, who "shares our concerns" about accusations that subsidies by Qatar and the United Arab Emirates are costing jobs in the United States.

An overwhelming majority of Japanese firms see no need for the Bank of Japan to ease policy further this year, a Reuters survey showed, despite speculation the central bank may do so as early as this month as economic pressures mount.

Two influential Federal Reserve officials on Thursday sharpened their public case for acting, quickly if needed, to support the U.S. economy, reviving bets the central bank may deliver a double-barreled interest rate cut this month.

U.S. President Donald Trump met on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the United States.

Metal seen as solid hedge against equity weakness and slowing growth

Like magic tricks, scams exploit common human traits

The studio has gone from quaint heritage brand to multi-platform behemoth — and Disney+ is yet to come

First-term Democratic lawmakers are a lightning rod for Republicans and their own party

First-term Democratic lawmakers are a lightning rod for Republicans and their own party

Surveillance and data stockpiling are turning us into known entities. Now the fightback has begun

Report forecasts 212 ‘take-private’ transactions this year

The CPSE ETF was launched by the United Progressive Alliance (UPA) government on March 28, 2014 to sell its stake in the Central Public Sector Enterprises (CPSEs).

Boeing Co said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger planes after two deadly crashes.

Renewed commercial involvement in lunar exploration could open up a big frontier for the sector

New commercial involvement in lunar exploration could open up a big frontier for the sector

Investment fund says European Biopharma no longer so reliant on US backing

Appetite for investment in sector grows beyond US

President Donald Trump wants a cheaper dollar, saying earlier this month the United States should match what he says are efforts by other countries to weaken their own currencies - giving them an unfair trade advantage.

Two influential Federal Reserve officials on Thursday sharpened their public case for acting quickly to support the U.S. economy, reviving bets that the central bank may deliver a double-barreled interest rate cut this month.

Sources said anchor investors placed bids for units worth Rs 20,000 crore against Rs 2,400 crore on offer

U.S. stocks moved higher on Thursday after a slow start as comments from New York Fed President John Williams helped cement expectations for an interest rate cut from the U.S. central bank at the end of the month.

The new framework will come into effect immediately

Former head of carmaker alliance strikes back against charges of financial malfeasance

AT&T Inc is exploring options for its business in Puerto Rico that could include a potential sale for around $3 billion, people familiar with the matter said on Thursday.

A gauge of global stocks advanced on Thursday, erasing declines on a late rally after comments from a U.S. Federal Reserve policymaker heightened expectations for a rate cut, while oil prices dropped on forecasts of rising output.

Boeing said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter related to estimated disruptions from the grounding of its 737 MAX after two deadly crashes.

Chief executive won plaudits for restructuring and returning British lender to profit

Chief executive won plaudits for restructuring and returning British lender to profits

French nuclear regulator ASN warned state-controlled utility EDF that it may have to review parts of the design of its new nuclear reactor model if it hopes to get clearance to build it.

The United States generated slightly fewer renewable fuel blending credits in June from the prior month, the Environmental Protection Agency (EPA) said on Thursday.

U.S. stock indexes rose on Thursday after a sluggish start as comments from New York Fed President John Williams further cemented expectations for interest rate cuts from the U.S. central bank.

Former U.S. Federal Reserve chair Janet Yellen and Raghuram Rajan, former governor of the Indian central bank, have been deterred from applying for the job as the governor of the Bank of England because of the political turmoil caused by Brexit, the Financial Times reported on Thursday.

Budget proposes an additional deduction of up to Rs1.5 lakh for interest paid on loans for purchase of an affordable house.The proposal to exempt entire lump sum withdrawal of NPS is intended to enable pensioners to have more disposable funds to meet their immediate needs post retirement

(Corrects day of week to Thursday in first paragraph)

Federal Reserve policymakers might need to act early to stimulate the U.S. economy as an insurance policy against rising risks, U.S. Federal Reserve Vice Chair Richard Clarida said on Thursday.

Co-working space provider is preparing for initial public offering

The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets that are to be divested as a condition of their proposed merger or face a lawsuit aimed at stopping the transaction, a source familiar with the deal said on Thursday.

Oilfield services bellwether Schlumberger NV on Friday is forecast to post modestly higher profits for its second quarter, but investors will be listening closely to what tech expert Olivier Le Peuch has to say about its future direction.

U.S. interest rates futures prices jumped in afternoon trading on Thursday as traders now bet that it is a coin-flip whether the U.S. central bank lowers interest rates by 25 basis points or 50 basis points at its policy meeting in two weeks.

Policymakers need to add stimulus early to deal with too-low inflation when rates are near zero and cannot wait for economic disaster to unfold, a Federal Reserve policymaker said on Thursday.

BMW said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert to help the German automaker make the shift to electric and self-driving cars and tackle new competition from technology giants.

Energy trading firm Vitol Group [VITOLV.UL] has tapped Houston managing director Ben Marshall to join its board of directors, the company confirmed on Thursday.

Zimbabwe’s public sector workers said on Thursday they had accepted a government pay offer, averting a potentially damaging strike in a country facing its worst economic crisis in a decade.

The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets that need to be divested or face a lawsuit aimed at stopping their proposed merger, a source familiar with the deal said on Thursday.

Two Iranian vessels have been stranded for weeks at Brazilian ports, unable to head back to Iran due to lack of fuel, which state-run oil firm Petrobras refuses to sell them due to sanctions imposed by the United States.

U.S. Gulf of Mexico offshore crude oil production and natural gas output both remained cut by 19% on Thursday because of shutdowns forced by Tropical Storm Barry, the U.S. government said.

Bank comments after John Williams’ remarks stoke expectations of aggressive rate cut

Policymakers need to add stimulus early to deal with too-low inflation when rates are near zero and cannot wait for economic disaster to unfold, a Federal Reserve policymaker said on Thursday.

Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates to overcome disruptions from record floods in the Midwest and ongoing U.S.-China trade tensions.

The mine was closed by NMDC for the past nine months, after a state government order to impose an 80 per cent premium levy of the average sale price from there

West Texas Intermediate crude at Magellan East Houston this week traded at the weakest level in almost a year as new pipelines from the Permian Basin to the U.S. Gulf Coast hub have begun operations, traders said.

₹230-crore claim by Goyal-owned agent rejected

U.S. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines and Qatar Airways to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the United States.

A gauge of global stocks lost ground for a third straight session on Thursday on worries over how the trade war between the United States and China could take a toll on corporate earnings, while oil prices dropped on expectations of rising output.

ACC Limited, a member of the LafargeHolcim Group, reported 39% growth in its first quarter net profit to ₹456 crore led by better realisations and ope

The number of Americans filing applications for unemployment benefits increased moderately last week, pointing to still strong labor market conditions despite signs that economic activity was slowing.

IT firm Cyient posted a consolidated net profit of ₹89.9 crore for the quarter ended June 30, a 10.17% growth over ₹81.6 crore recorded a year earlier

Gold prices held steady on Thursday, holding close to a two-week high, as the dollar eased on rising expectations of an interest rate cut by the U.S. Federal Reserve.

Real estate developer Hiranandani Group has forayed into Data Centre Parks with a new venture called Yotta Infrastructure. Yotta will be a managed Dat

L&T Hydrocarbon bags over ₹7,000-cr. project L&T Hydrocarbon Engineering Ltd. (LTHE), a subsidiary of Larsen & Toubro has bagged another m

Japan’s All Nippon Airways (ANA) has announced a new a route connecting Tokyo’s Narita Airport and Chennai International Airport starting October 27.

U.S. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the United States.

After quitting Flipkart, Bansal has set up BAC Acquisitions (BACQ), which has started to look for investment opportunities in the banking, financial services and insurance (BFSI) space

India likely to consume 1.8 lakh crore units by 2025, says CII

Filatex India, which produces synthetic filament yarn, plans to set up a fabric-making unit next year. Madhu Sudhan Bhageria, chairman and managing di

Power and Renewable Energy Minister R.K. Singh on Thursday approved the proposal for early regulatory approvals of transmission schemes identified for

RBI likely to ask the lender to provide a road map or timeline to reduce promoter shareholding to 15%

The Tamil Nadu Authority for Advance Ruling (AAR) has ruled that the interest subvention income received by Daimler Financial Services India Private L

Yes Bank saw its shares price plunging close to 13% to ₹85.80 on the BSE on Thursday after it reported a 91% decline in net profit for the first quart

‘Today’s 4.5% is impressive as size of the economy now is five times of 1980 levels’

RBI nod for IBHFL-LVB merger crucial

Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock losses in U.S. subscribers in the second quarter that sank its stock price.

IT firm Cyient posted a consolidated net profit of ₹89.9 crore for the quarter ended June 30, a 10.17% growth over ₹81.6 crore recorded a year earlier

Co-promoter Gangwal has levelled charges against Bhatia

Auditors quitting abruptly have to give a detailed reason

In a new paper 'Validating India's GDP Growth Estimates', the former CEA said he had indicated his doubts on the growth numbers in the Economic Survey in 2015 as well as mid-year Economic Analysis.

Regulator says the plan will undermine its autonomy

In May, Reliance Capital had said it will exit the mutual fund business by selling its stake in Reliance Nippon Life Asset Management Ltd (RNAM) to its joint venture partner Japan's Nippon Life Insurance.

We did not see this coming.

Currency ambitions, flawed algorithms and the sheer power of tech groups are fuelling mistrust

The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat, its executive director said on Thursday.

The team will assist the buyer agency to transform their business activities, processes, competencies and models to fully leverage the opportunities of an open market based procurement.

The study found that Hotstar has the highest penetration of 49 per cent on smartphone devices in entertainment OTT app category, followed by Times Internet's MX Player with 42 per cent share.

The amendment, along with 28 others, were approved by a voice vote by the Lok Sabha, which passed the Finance Bill 2019.

Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year, a closely watched index suggests.

Gold prices slipped on Thursday as Treasury yields rose and as investors booked profits after the metal scaled a two-week high in the previous session on expectations of an interest rate cut by the U.S. Federal Reserve.

A gauge of global shares declined for a third straight session on Thursday on worries over how the trade war between the United States and China could dent corporate earnings, while oil prices dropped on expectations of rising output.

Morgan Stanley reported a drop in quarterly profit Thursday, hit by lower market activity amid global trade tensions and expectations for U.S. interest rate cuts.

Though the maiden budget of Modi 2.0 laid out a long-term vision that the government aims to achieve, some provisions in it has been disappointing from a near term stock market perspective

Only 16 percent candidates in the United States found it difficult to find their first job.

The regulator also proposed to further strengthen and clarify the role of audit committees of the listed firms.

IRCTC Tourism: Cost of Majestic Russia tour package is Rs 1,12,990 per person on single occupancy basis and Rs 1,08,990 on double occupancy basis.

The audit evaluated the role of the various credit rating agencies on various debt instruments and facilitating excessive borrowings from money markets across group companies that eventually led to defaults.

Investors put probability of 50bp cut this month at 64% after central banker’s remarks

Aircraft manufacturer forecasts grounding of troubled plane to end in fourth quarter