BUSINESS

Sensex surges 258 pts; Nifty reclaims 11,600

4:33 pm September 16, 2020

Mumbai: Domestic equity benchmark Sensex jumped 258 points on Wednesday following gains in HDFC Bank, Infosys and M&M amid sustained foreign fund inflows. The 30-share BSE index ended 258.50 points or 0.66 per cent higher at 39,302.85. The NSE Nifty rose 82.75 points or 0.72 per cent to 11,604.55. M&M was the top gainer in […]

Gold slips Rs 137; silver too declines Rs 517

4:30 pm September 16, 2020

New Delhi: Gold prices fell Rs 137 to Rs 53,030 per 10 gram in the national capital on Wednesday amid rupee appreciation, according to HDFC Securities. The precious metal had on Tuesday closed at Rs 53,167 per 10 gram. “Spot gold prices for 24 karat in Delhi were down by Rs 137 on rupee appreciation,” […]

Delhi: Fair price shops to remain open on all days

Retail inflation softens marginally to 6.69 pc in Aug

8:40 pm September 14, 2020

New Delhi: Retail inflation softened slightly to 6.69 per cent in August, even as food prices continued to rule high, official data showed on Monday. The government has revised downwards the retail inflation for July to 6.73 per cent from the earlier estimate of 6.93 per cent. Food inflation during the month stood at 9.62 […]

Sensex ends 98 pts lower; IT stocks shine

7:04 pm September 14, 2020

Mumbai: Domestic equity benchmark Sensex pared early gains to end 98 points lower on Monday, tracking losses in index majors HDFC twins, Reliance Industries and Bharti Airtel. After gyrating 657 points during the day, the 30-share BSE index settled 97.92 points or 0.25 per cent lower at 38,756.63. The NSE Nifty slipped 24.40 points or […]

CBI books two GST officials for demanding Rs 5 cr bribe

11:53 pm September 12, 2020

New Delhi: The CBI has booked ex-deputy commissioner service tax anti-evasion in GST Department Sudha Rani Chilaka and department superintendent Sreenivasa Gandhi Bollineni for allegedly demanding a bribe of Rs five crore to settle a wrongful input tax credit case probed by them, officials said on Saturday. It is alleged that the officials posted in […]