NEW DELHI,NOV 04:
Shares in Apple Inc fell 6 per cent on Friday, cutting the tech major's market value back to less than $1 trillion after it forecast softer-than-expected sales for the holiday quarter and fueled nerves over iPhone sales...
NEW DELHI,NOV 04:
The US decision to let India keep buying oil from Iran after reimposition of sanctions on the Persian Gulf nation is a reassertion that interests of consuming nations can not be ignored, Oil Minister Dharmendra Pradhan said...
Bhubaneswar,NOV 04:
The central government will look into the allegation of low quality steel being pushed into the market, Steel Minister Chaudhary Birender Singh said.
Singh, however, rejected reports that the entire lot of 26 TMT bar brands had failed in...
New Delhi,NOV 04:
India and several other Asian countries have in the past defied the belief that protectionism is good for developing economies as these nations reaped benefits of opening up trade and lower tariffs, eminent economist Arvind Panagariya said...
NEW DELHI,NOV 04:
With global crude prices remaining elevated, the rupee is likely to be under pressure, and may touch the 76 levels against the US currency over the next three months, says a report.
The domestic currency has already crossed...
Mumbai,NOV 02:
Market benchmark Sensex soared almost 580 points to end at a one-month high of 35,011.65 on Friday, propelled by financials and auto stocks, amid cooling global crude prices, rising rupee and fresh flow of foreign funds.
Positive leads from...
New Delhi,NOV 02:
Fraud hit Punjab National Bank on Friday posted a staggering loss of Rs 4,532.35 crore for the second quarter ended September 30, 2018 on rising bad loans.
The state-owned bank had a net profit of Rs 561 crore...
New Delhi,NOV 02:
State-owned CIL on Friday said it produced 306.24 million tonne (MT) of coal in the first seven months of the ongoing fiscal, registering an increase of 10 per cent as compared to the year-ago period.
In the April-October...
New Delhi,NOV 02:
Private lender Axis Bank on Friday reported a 83 per cent jump in its net profit at Rs 790 crore for the quarter ending September on the back of healthily growth in core income and a decline...
Mumbai, November 2:
The rupee appreciated 31 paise to 73.14 against the dollar at the interbank foreign exchange on Friday after crude prices fell to seven-month lows in the global market amid fresh foreign fund inflows.The rise was also supported...
