Share Market Update :BSE 30-share S&P Sensex ended 428 points higher at 41,323 and NSE 50-share index Nifty50 closed 137 points higher at 12,130

States are facing a funds crunch. As GST revenues moderate and fiscal deficits balloon, they must look for new sources of revenue to fund welfare schemes and infrastructure needs

India's real GDP growth, however, it said is expected to weaken for the third straight year from 7.5 per cent to 5 per cent.

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Moody's said that the weakness in global economy due to the impact of the novel coronavirus outbreak could hurt India's recovery

Generic drugmakers say they currently have enough active pharmaceutical ingredients supplies from China to cover their operations for up to about three months

India's economic growth is estimated to slow down to 5 per cent during 2019-20 and the government expects the GDP to rebound to over 6 per cent in the next financial year

Share Market Update: IRCTC, P&G Hygiene, Ashok Leyland, Torrent Power, Suzlon Energy among others will announce their Q3 results today

Stocks to watch today on February 12: IRCTC, P&G Hygiene, Ashok Leyland, City Union Bank, Torrent Power, Suzlon, Hindalco, BHEL, IDBI Bank, Aster DM Healthcare, Glenmark Pharmaceuticals, IndusInd Bank among others are the top stocks to watch out for in Wednesday's trading session

As per the filing, authorised capital of Rs 1,100 crore will be divided into 450 crore equity shares of Rs 2 each aggregating Rs 900 crore and another 2 crore preference shares of Rs 100 each, aggregating Rs 200 crore

\"Reduction of corporate tax rate is a first supply side move to get private investment back; for many years, India was disproportionally dependent on consumption driving economic growth and not investment. On demand side, we need to get more confidence,\" says Kotak

Rating agency says five-fold increase in deposit insurance to Rs 5 lakh from Rs 1 lakh earlier is \"credit positive\" for banks, as it will raise depositor confidence

ICRA says it took into account the steps taken by Bharti Airtel to consolidate its market position and its spectrum holdingover the last two years through the acquisition of data-centric spectrum

After the IMF Chief economist Gita Gopinath pinned the blame for global economic slowdown on India, Sensex at its lowest in 9 days

Moody's has put the lender's long-term foreign currency rating under review as the bank's standalone viability is getting increasingly challenged by its slowness in raising new capital.

Share Market Update: Shares of Reliance Industries (RIL), TCS and HCL Tech were trading higher ahead of their quarterly earnings, scheduled for release later in the day.

Aditya Mittal, who is also the chairman of HMEL, spearheads HMEL's expansions into petrochemicals

India, Germany and Japan would continue to battle for the position of third-largest economy over the next 15 years, the CEBR report stated

Fitch said growth will gradually recover to 5.6 per cent in FY21 and 6.5 per cent in the following year

Mukesh Ambani-led Reliance Industries has ended state-owned Indian Oil Corporation's 10-year reign as India's largest company to top Fortune India 500 list. RIL is the first privately-held company to become the largest corporation in India in 10 years, said Fortune India. Global ratings agency Moody's Investors Service on Monday lowered India's gross domestic product growth projection for the fiscal year 2019-20 to 4.9 per cent from 5.8 per cent, citing weak household consumption. With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand and more news on News Blast.