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An announcement by Reserve Bank of India that it will conduct another simultaneous purchase and sale of government bonds lifted stocks in state-run banks. (Photo: File | AP)
Sensex rallies 411.38 points, Nifty soars above 12,200
27 Dec 2019 4:55 PM

Axis Bank was the top gainer on the Nifty 50 index, rising 3.21 per cent, while Yes Bank ended as the top loser.

On the Multi Commodity Exchange, crude for January delivery traded higher by Rs 5, or 0.11 per cent, at Rs 4,408 per barrel in 35,957 lots.
Crude oil futures gain on spot demand, global cues
27 Dec 2019 2:31 PM

Analysts said fresh bets created by participants kept crude prices higher in futures trade.

ICRA Economist Aditi Nayar expects moderation in vegetable prices to a large extent by early 2020. (Photo: File)
Inflation leaves consumers teary-eyed as pricey onions, food items bite
27 Dec 2019 1:15 PM

For most part of 2019, the government was successful in price control but the party seemed to have lost the sheen lately.

With India's flagship motor show the biennial Auto Expo round the corner, the auto sector is treating the show as the launching pad of revival.
Auto industry drives into 2020 with hope after a forgettable 2019
27 Dec 2019 10:58 AM

The industry hopes that the economy would finally come out of the slump, drawing people back to the showrooms.

At the interbank foreign exchange, the rupee opened at 71.26 then rose to 71.23 against the dollar, showing a rise of 8 paise over its previous closing.
Rupee rises 8 paise to 71.23 against US dollar in early trade
27 Dec 2019 10:04 AM

Forex traders positive opening in domestic equities supported the rupee.

SBI was the top gainer in the Sensex pack, rising up to 2.14 per cent, followed by PowerGrid, Axis Bank, Bharti Airtel, Reliance Industries (RIL), Maruti and HDFC twins. (Photo: File)
Sensex jumps over 150 points; Nifty near 12,200
27 Dec 2019 9:56 AM

The 30-share BSE Sensex was trading 161.85 points or 0.39 per cent higher at 41,325.61.

The NCLAT dismissed it by saying that the NCLT has already dealt with the issue.
NCLAT dismisses IT dept plea against Reliance Jio on demerger of tower
25 Dec 2019 12:58 PM

The IT department has contended that by scheme of arrangement, the transferor company Reliance Jio Infocomm.

Internet and Mobile Association of India too had sought clarification on the issue. (Photo: PTI)
DPIIT to soon issue clarification on 26 pc FDI in digital media sector
25 Dec 2019 11:25 AM

The DPIIT has already taken views of the Information and Broadcasting Ministry on the issue.

India, the world’s third-biggest oil importer and consumer, has set an April 1, 2020 deadline to migrate to Euro VI-compliant fuels to cut its carbon emissions.
India's November oil import growth fastest in seven months: report
25 Dec 2019 11:15 AM

India’s November oil imports rose 12.7 per cent to 19.17 million tonnes (about 4.7 million barrels per day).

In financial year 2018-19 the proportion of gross non-performing assets (NPAs) to total loans decreased to 9.1 per cent compared to 11.2 per cent in 2017-18.
RBI sees corporate governance 'fault lines' at some lenders
25 Dec 2019 10:56 AM

Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.

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