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March 23, 2017
India's current account deficit widened to $7.9 billion, or 1.4 percent of gross domestic product, in the October-December quarter from the same period a year earlier, the Reserve Bank of India (RBI) said in a statement on Thursday.
BT Online
March 10, 2017
On July 18, 2012, violent clashes took place between the workers and management during which Awanish Kumar Dev, HR Manager at the company's Manesar plant was charred to death and several other executives were injured.
Mumbai, February 10, 2017
State Bank of India's profits more than doubled from a year ago in the October-December period, first such rise in five quarters for the nation's top lender by assets, helped by lower provisions for bad loans.
January 24, 2017
HDFC Bank Ltd, India's third-biggest lender by assets, on Tuesday reported a 15 per cent rise in third-quarter net profit, above analyst estimates, due to higher interest and fee income.
New Delhi, January 13, 2017
Shares of TCS fell by almost 4 per cent today after the company flagged issues surrounding the H1-B visas in the US as a key headwind going forward.
Bengaluru, January 13, 2017
Country's second-largest software firm Infosys today reported a 7 per cent growth in its consolidated net profit at Rs 3,708 crore for the October-December quarter of the current fiscal.
January 12, 2017
After long drawn discussions, SpiceJet is all set to announce an order for 90-100 new aircraft estimated to be worth at least Rs 55,000 crore as the no-frills carrier looks to expand its fleet.
New Delhi, January 6, 2017
The ensuing budget is likely to fix a fiscal deficit target of 3.5 per cent of GDP in 2017-18, relaxing the 3 per cent target earlier in order to support growth, says a report.
New Delhi, January 3, 2017
SBI, the country's biggest lender by assets, said on Sunday it had cut its so-called marginal cost of funds-based lending rates (MCLR) by 90 basis points, while unveiling new products for mortgage loans, one of the fastest-growing areas.
BT Online
January 2, 2017
India stock market failed to surpass 2015 high of 9119 and drifted towards 6825 mark just before the Union Budget 2016. Going forward as market failed to deliver major gains in the last year, so potential of performance is rising in equity market amid big-bang reform by the government. We look at stocks to watch out for in 2017.
Mumbai, December 14, 2016
India's current account deficit widened in July-September from the previous quarter after an increase in imports but it remains well below levels posted in 2015, central bank data showed on Tuesday.
December 7, 2016
Finance Minister Arun Jaitley sought parliamentary approval on Wednesday to increase net spending by 351.7 billion rupees ($5.2 billion) in the current fiscal year that ends in March 2017.
New Delhi, December 1, 2016
That impressive headline figure, however, failed to mask the underlying weakness in Asia's third-largest economy.
December 1, 2016
After four days of gains, markets succumbed to profit-booking today, with benchmark Sensex slipping 93 points to finish at 26,559, pressured by sustained foreign capital outflows amid mixed macro indicators.
November 30, 2016
The Indian economy grew at 7.3 per cent in the September quarter of current fiscal, up from 7.1 per cent in the previous three months, mainly on improved performance of manufacturing, services and trade sectors.
New Delhi, November 30, 2016
Prime Minister Narendra Modi's crackdown on tax dodgers and counterfeiters by removing 500 rupee and 1,000 rupee banknotes from circulation has taken the economy down a very bumpy road.
BT Online
New Delhi, November 24, 2016
Snapping gains from Wednesday's trade, Sensex plunged over 100 points falling to 25,955 level while the Nifty50, breached its 8,000-mark at 7,992, down nearly 40 points.
BT Online
New Delhi, November 23, 2016
The Indian markets saw a second day of gains led by the Pharma and Realty sectors. Lupin was the top gainer on the bourses rising over 5 per cent on Wednesday's trade while Larsen and Toubro also helped pick up the markets with a consolidated net profit of Rs. 27187.40 million for the September quarter.
BT Online
November 21, 2016
With consumer discretionary spending taking a hit, it will take a considerable amount of time to see the spending levels reach the pre- demonetisation levels, experts said.
Avneet Kaur
November 17, 2016
Out of BSE 500 companies, 291 companies-- excluding BFSI and Oil & Gas companies -- showed clear signs of improvement in bottom line in the second quarter of FY17. Net profit for this group showed a healthy growth of 9 per cent over the corresponding quarter last year. The y-o-y percentage growth in the same period last year was 2.61 per cent.
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