Business

Lower prices of key transportation fuels along with manufactured items eased India's annual rate of inflation based on wholesale prices to 2.02 per cent in June from 2.45 per cent in May, official data showed on Monday....

Dewan Housing Finance Limited on Monday came under heavy selling pressure after the company reported a net loss of Rs 2,223 crore for the fourth quarter (Q4) of 2018-19 over the weekend. At 11.26 a.m., DHFL was trading 30.61 per cent lower at Rs 47.50 apeice on the ...

The Chinese economy grew at the slowest pace in 27 years in the second quarter of 2019 as the country logged a growth of 6.2 per cent, the National Bureau of Statistics said on Monday. The damaging trade with the US could have been one of the reasons provin...

Sensex opened above the 39,000 mark on Monday, advancing on the back of gain made by IT major Infosys over its strong quarterly earnings. Infosys was the top gainer during the early trade, with over 5 per cent gain as the benchmark index, Sensex, at 10.12 a.m. was trading 106.62 points higher at...

In reaction to the Rs 1,774.82 crore Bhushan Power & Steel Ltd (BPSL) fraud that Allahabad Bank reported in the weekend, its scrips fell by over 11 per cent during the early trade on Monday. At 9.22 a.m., the state-run Allahabad Bank was trading 11.24 per cent lower at...

As many as 1.87 lakh families in rural Patna are still awaiting to get the reimbursement promised under the Swachh Bharat Mission-Gramin scheme for constructing toilets in their houses. Poverty-stricken Dinanath Rai and Surajdeo Mahto constructed toilets in their ...

In a rapidly transforming global economic landscape in the face of Brexit, trade wars, debates around central bank policy and India emerging as a major economy in aggregate terms, a focus on creating a financial hub in India is both required and commendable. The Union Budget 2019 has provided incentives to...

Global software major Infosys on Friday reported Rs 3,798-crore consolidated net profit for the first quarter (Q1) of fiscal 2019-20, registering 5.1 per cent annual growth from Rs 3.612 crore in the same period a year ago. Sequentially, however, net profit in Q1 declined 6.8 per cent from Rs 4,078 ...