Business
Vistara Launches 48-hour Sale with Fares Starting Rs 995 to Mark 5th Anniversary
The airline said that all-inclusive one-way fares for domestic flights start from Rs 995 for economy class, Rs 1,995 for premium economy and Rs 5,555 for business class.
Sensex, Nifty Surge as US Embraces Peace to De-escalate Middle East Tensions
SBI was the top gainer in the Sensex pack, rising up to 2.19 per cent, followed by IndusInd Bank, Bharti Airtel, Tata Steel, ICICI Bank, L&T, Axis Bank, Reliance Industries and HDFC twins.
World Bank Projects India's Growth at 5%, Says Lower Consumption, Less Credit Led to Deceleration
The global economic growth is forecast to edge up to 2.5 per cent in 2020 as investment and trade gradually recover from last year's significant weakness, but downward risks persist.
Sensex Rebounds 193 Points, Nifty Reclaims 12K Mark as Crude Prices Ease
After rallying 553.51 points during the session, the 30-share BSE index ended 192.84 points, or 0.47 per cent, higher at 40,869.47.
Supertech Seeks Rs 1,500 Crore from Stress Fund to Complete 12 Housing Projects
Realty firm Supertech said these 12 projects comprising 20,000 flats are at an advanced stage of completion and it requires last mile funding to finish the pending works and deliver units to homebuyers.
Bharti Airtel Gets Shareholders Nod to Raise up to $3 Billion
The second special resolution was for issue of foreign currency convertible bonds and unsecured/secured redeemable non-convertible debentures along with or without warrants.
Rupee Plunges by 42 Paise to 6-week Low after US Strikes Kill Iranian General
Traders said besides US-Iran tensions, weak domestic equity market also weighed on the local unit. At the interbank foreign exchange market, the rupee opened at 71.56, then lost further ground to touch a low of 71.81 against the American currency.
Home Loans to Get Cheaper as SBI Cuts External Benchmark-based Rate by 25 Basis Points
The new rates will be applicable from January 1, 2020, the bank said in a statement.
Sensex Jumps Over 11 Points, Nifty Above 12,250 in Early Trade
The 30-share BSE index was trading 109.18 points or 0.26 per cent higher at 41,684.32, and the broader NSE Nifty rose 27.60 points or 0.23 per cent to 12,273.40.
Airtel Raises Minimum Recharge for Pre Paid Users
The new minimum recharge plan will come into effect from Sunday. The announcement pertained to prepaid subscribers of Bharti Airtel and Bharti Hexacom in all service areas, it added.
Why is Stock Market Going up and Economy Going Down? Former CEA Arvind Subramanian Explains
Arvind Subramanian, the first CEA under the Narendra Modi government, was at the Indian Institute of Management Ahmedabad (IIMA) for the inauguration of 'NSE Centre for Behavioral Science in Finance, Economics and Marketing'.
Sensex Jumps 140 Points, Nifty Advances Nearly 40 Points
M&M was the top gainer in the Sensex pack rising up to 2.46 per cent, followed by Hero MotoCorp, TCS, HUL, RIL and ONGC.
NCLAT Sets Aside Conversion of Tata Sons from Public Company to Private Firm
The NCLAT, in its order said action taken by the Registrar of Companies (RoC) to allow the firm to become a private company was against the provisions the Companies Act, 2013
Govt's Stimulus Report Highlights FDI Inflow; Over Rs 4 Lakh Sanctioned to NBFCs
Chief Economic Advisor (CEA) Krishnamurthy Subramanian said that a total of Rs 4.47 lakh crore has been sanctioned towards non-banking financial companies (NBFC) and housing finance companies (HFC) to support retail lending.
Govt Further Extends Relaxed Fumigation Norms on Imported Onions till January
Currently, state-run MMTC is importing onion on the behalf of the government which has decided to buy 1.2 lakh tonnes from the overseas market to increase domestic supplies.
Parliamentary Panel Calls for Restoration of Financial Credit Instruments with Proper Safeguards
After Rs 14,000 crore fraud by diamantaire Nirav Modi, the RBI last year had decided to discontinue the practice of issuance of LoUs/ LoCs for trade credits for imports into India.
