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FINANCE AND MARKETS

Mumbai richest Indian city with total wealth of USD 820 billion: Report

With home to 46,000 millionaires and 28 billionaires, India's financial capital Mumbai is the richest India city with a total wealth of USD 820 billion, says a report.

News Nation Bureau | Feb 26, 2017 11:20 AM

Foreign Portfolio investors pump in whopping Rs 14,600 crore in Indian capital markets in Feb

Overseas investors pumped in whopping Rs 14,600 crore into the Indian equity markets in the month of February so far following some relaxations in the FPI taxation.

News Nation Bureau | Feb 26, 2017 11:03 AM

Indonesia's four richest men worth as much as poorest 100 million: Report

A report on economic inequality in Indonesia has come out with startling figures, stating that four richest men now have more wealth than 100 million of the country's poorest people.

PTI | Feb 23, 2017 12:09 PM

Sensex surges 106 pts in early trade on retail and domestic institutional investment

The benchmark BSE Sensex on Thursday climbed about 106 points in early trade on widespread gains as retail investors and domestic institutional investors indulged in buying.

PTI | Feb 23, 2017 10:22 AM

RIL shares surge 11% on Jio tariff plans, mcap rise to Rs 38,761 crore

RIL stock zoomed 11 per cent to nearly 9-year high on Wednesday, adding Rs 38,761 crore to its market valuation, after the company’s telecom arm Jio said it will begin charging for data services...

PTI | Feb 22, 2017 11:04 PM

Snapdeal founders take 100 per cent salary cut, admit mistakes in executing company strategy

Snapdeal on Thursday confirmed that it is undertaking layoffs within the organisation, but stayed clear of specifying the exact number of employees affected by the decision.

News Nation Bureau | Feb 22, 2017 06:12 PM

Bharti Airtel, Vodafone India, Idea Cellular may slash data rates sharply to counter Reliance Jio's lucrative data plans

Reliance Jio Infocomm’s decision on Wednesday to offer unlimited voice and nearly 30 GB of data at a modest monthly charge of Rs 303 from April 1 has created quite the steer among rival telecom...

News Nation Bureau | Feb 22, 2017 01:26 PM

No plans to introduce new 1000-rupee notes, focus on Rs 500 and lower denomination notes production: Shaktikanta Das

Shaktikanta Das on Wednesday tweeted that there were no plans to introduce Rs 1000 currency denomination notes in the immediate future as the government's primary focus was on production & supply of...

News Nation Bureau | Feb 22, 2017 11:42 AM

Sensex climbs 100 points,Nifty goes past 8,900-mark

RIL ended 1.36 per cent higher at Rs 1,088.25 after Reliance Jio announced new tariff plans.

PTI | Feb 21, 2017 05:02 PM

Sensex gains 65 points in early trade amid active buying, firm Asian cues

The benchmark BSE Sensex rallied gained around 65 points in early trade on Tuesday owing to sustained buying by funds and retail investors amid firm Asian cues.

PTI | Feb 21, 2017 11:07 AM

Sensex surge 193 points; TCS up 4 per cent on share buyback

Sensex closed up 193 points to close at nearly five-month high of 28, 661.58 on Monday on robust buying in metal and IT counters amid positive global cues.

PTI | Feb 20, 2017 05:01 PM

Sensex loses 40 points on profit booking

The benchmark BSE Sensex faltered in early trade on Monday, declining by over 40 points on profit booking by investors in recent gainers amid mixed Asian cues.

PTI | Feb 20, 2017 10:02 AM

With exposure worth USD 118.2 billion, India emerges 12th largest holder of US government securities at end of 2016

India became the 12th largest holder of US government securities at the end of 2016, with exposure worth USD 118.2 billion.

PTI | Feb 19, 2017 06:01 PM

Forex reserves plunge $360.9 mn to $362.78 bn: RBI

In the previous week, the reserves had increased by USD 1.588 billion to USD 363.146 billion.

PTI | Feb 17, 2017 06:58 PM

Sensex soars over 167 points to end at 28,468; Nifty recaptures 8,800-mark

Market benchmark Sensex soared over 167 points on Friday to end at 28,468.75 on widespread buying, while the broader NSE Nifty recaptured the 8,800-mark.

PTI | Feb 17, 2017 04:19 PM