BUSINESS

Tanker's impossible voyage signals new sanction evasion ploy

Rupee firms up 9 paise on fund inflows, crude oil boost

6:28 pm September 10, 2020

Mumbai: The rupee on Thursday advanced by 9 paise to end at 73.46 to the US dollar as robust foreign fund inflows and easing of crude oil prices lifted forex market sentiment. Starting off the session on a positive note, the domestic currency touched the day’s high at 73.16 against the greenback. After paring significant […]

Need robust global cooperation to fight cross-border tax evasion, avoidance: FM

Banks catalysts of economic revival: FM

8:54 pm September 9, 2020

Mumbai: Finance Minister Nirmala Sitharaman on Wednesday said banks are going to be the catalysts for economic revival. “At this stage, the catalysts for economic revival, the catalysts who have the pulse of every one of their customers, are banks,” the finance minister said. She was speaking after launching PSB Alliance-Doorstep Banking Services. The minister […]

Sensex drops 171 pts; Nifty ends below 11,300

8:23 pm September 9, 2020

Mumbai: Equity benchmark Sensex tumbled 171 points on Wednesday, tracking losses in index heavyweights HDFC Bank, ICICI Bank and Infosys amid weak cues from Asian peers. After slumping 430.09 points during the day, the 30-share BSE index recovered some lost ground and ended 171.43 points or 0.45 per cent lower at 38,193.92. In similar movement, […]

Flipkart expands benefits for sellers under 'Growth Capital' programme

Flipkart onboards over 50,000 kirana shops to bolster delivery ahead of festive season

7:02 pm September 9, 2020

New Delhi: Walmart-owned Flipkart on Wednesday said it has on boarded more than 50,000 kirana shops to strengthen its supply chain and delivery capabilities ahead of the upcoming festive season. In preparation for the festive season and the ‘Big Billion Days’ sale, Flipkart has significantly expanded its kirana onboarding program to make deliveries to customers […]

Crude oil futures rise on spot demand

3:34 pm September 9, 2020

New Delhi: Crude oil prices on Wednesday rose by Rs 6 to Rs 2,711 per barrel as participants widened their positions on firm spot demand. On the Multi Commodity Exchange, crude oil for delivery in September traded higher by Rs 6, or 0.22 per cent, at Rs 2,711 per barrel in 4,562 lots. Analysts said raising […]