Business

The countdown for the Union Budget 2021, to be presented on February 1, began with the traditional ‘Halwa ceremony’ in the North Block on Saturday. A customary Halwa ceremony is performed...

JSW Steel on Friday reported a manifold jump in its consolidated net profit to Rs 2,669 crore for the December 2020 quarter. The private sector steel maker had clocked a net profit of Rs 187 crore in ...

Bengal finance minister Amit Mitra has written a letter to Union finance minister Nirmala Sitharaman on relaxing the limits under Fiscal Responsibility and Budget Management Act (FRBM), release of tax...

The Union cabinet may soon consider the oil ministry’s proposal to set up an independent gas pipeline operator which would end the monopoly of state-owned GAIL in the pipeline business. The pet...

The Reserve Bank of India (RBI) on Friday proposed a four-layered regulatory structure for non-banking financial companies (NBFCs) with a progressive increase in the intensity of regulation leading to...

The board of Indian Bank on Friday has approved a capital raising plan of Rs 7,000 crore. This includes raising an equity capital of Rs 4,000 crore through qualified institutional placements, a follow...

Profit booking amid weak global cues played spoilsport as the Sensex fell 746 points after touching 50000 on Thursday even as the Nifty fell below the 14400 mark. Market experts are guiding for more ...

Buoyed by a strong performance from Jio, Reliance Industries (RIL) on Friday beat Street estimates to post a 12.55 per cent growth in net profits for the December quarter of 2020. The oil-to-telecom ...

    Equity benchmark Sensex plunged 746 points to close at 48,878.54 on Friday, tracking losses in index majors Reliance, HDFC twins and ICICI Bank amid a weak trend in global markets. Th...

  The BSE benchmark Sensex fell 152.69 points or 0.31 per cent to 49,472.07 in early trade on Friday, tracking subdued Asian markets. Likewise, the broader NSE Nifty dropped 54.35 points or 0.3...