Markets in red: Sensex down by 100 points

Mumbai (IANS) Taking a cue from global markets, the key Indian equity market indices on Tuesday opened lower.

The Sensitive Index (Sensex) of the BSE, which had closed at 40,267.62 on Monday, opened lower at 40,196.

Minutes into trading,…

CII's 10-point agenda includes low corporate tax, IBC reforms

New Delhi (IANS) The Confederation of Indian Industry (CII) on Monday said the government should reduce corporate tax and streamline the Insolvency and Bankruptcy Code (IBC) among other steps to boost the country's economy.

The CII made…

Equity indices open in green, Sensex up 160 points

Mumbai (IANS) The key Indian equity indices opened on a positive note on Monday due to buying activity in banking, FMCG and oil and gas stocks.

At 9.35 a.m., the Sensex traded at 39,878.35, higher by 164.15 points or 0.41 per cent higher from…

ISI, D-company resurface with new route to pump fake notes into India

New Delhi, June 1 (IANS) After a brief interval, high-quality Fake Indian Currency Notes (FICN) are again being printed across India's eastern borders and are being pumped into the country at an alarming rate.

…

Q4 FY19 GDP growth slumps to 5.8% from 7.7% YoY FY18

New Delhi (IANS) The GDP growth rate of the country plunged to 5.8 per cent during the January-March quarter of the financial year 2018-19, from 7.7 per cent growth witnessed during the same quarter of the previous year, data from the Central Statistical…

Sensex above 40,000, Nifty tops 12,000

Mumbai (IANS) Optimism over Prime Minister Narendra Modi's new cabinet drove the markets near its peak on Friday led by IT, banking and financial companies.

At 9.54 a.m., the S&P BSE Sensex was trading 273.74 points or 0.69 per cent…

Q4 GDP growth likely 6.3%, FY19 GDP at 6.8%: Sources

New Delhi (IANS) With key sectors like agriculture, industry , manufacturing -in slowdown since the last nine months, GDP growth in the fourth quarter ended may be the fiscal's lowest at 6.3 per cent in 2018-19, official sources said on Thursday.

Coal India Q4 net profit at Rs 6,024 cr zooms 362%

Kolkata (IANS) State-run Coal India Ltd (CIL) on Thursday reported a whopping over 362 per cent increase in its consolidated net profit for the fourth quarter of 2018-19 ended March at Rs 6,024.23 crore, as compared to Rs 1,302.63 crore…

Air India seeks nod for Rs 2,400 crore loan from NSSF

New Delhi (IANS) Disinvestment-bound Air India has sought the government's approval to borrow Rs 2,400 crore from National Small Savings Fund (NSSF), a pool of small savings from households, to meet its working capital requirements.

Good response to Offer for Sale of stake in RNAM: Reliance Capital

Mumbai (IANS) The Anil Ambani-led Reliance Capital on Tuesday said that the Offer for Sale (OFS) of its stake in Reliance Nippon Life Asset Management Ltd (RNAM) had received an excellent response from investors.

In a statement…