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AXA raises stake in Indian insurance JVs to 49%

The government earlier this year allowed foreign ownership in the $50 billion Indian insurance sector to up to 49 per cent from a maximum permissible 26 per cent stake, a move that is aimed at giving a boost to the capital-starved sector.

Sensex ends in green, Nifty at 7,954 post RBI policy; Vedanta top gainer

RBI Governor Rajan's comment that the central bank was still accommodative eased market worries and suggested the policy was less hawkish than feared.

Monetary policy: Five takeaways from Rajan's review

As widely expected, RBI Governor Raghuram Rajan today kept the interest rates unchanged in the fifth monetary policy review.

Jubilant Life, Tree House and IOC among top stocks that trended today

Shares of Jubilant Life rallied 10 per cent after the drug firm received final approval from the USFDA for its generic version of anti-depressant Paxil tablets.

IMF admits China's yuan into Special Drawing Rights basket

"The renminbi's inclusion in the SDR is a clear indication of the reforms that have been implemented and will continue to be implemented," said IMF chief Christine Lagarde.

Tue Dec 01 16:27:05 IST 2015
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