Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit.

ONGC was the top gainer in the Sensex pack, rallying over 5 per cent, followed by M&M, Bharti Airtel, IndusInd Bank, ICICI Bank, PowerGrid and Tech Mahindra.

The SC said cooperative banks cannot carry on any activity without compliance of the provisions of the Banking Regulation Act, 1949 and any other legislation applicable to such banks relatable to

In March, the government announced a Rs 1.7 lakh crore relief package focusing on providing food security to the poor and providing money in their hands to fight COVID-19.

Imports also fell, but only by 6.2 percent, as transportation and shipping began to close down worldwide.

Form GST PMT-09 provides flexibility to taxpayers to make multiple transfers from more than one head (major or minor) to another head (major or minor) and helps with the intra-head or inter-head

Analysts agree that Covid-19 pandemic will lead to an increase in banks gross non-performing assets with some reports pegging the stock to double as well.

India has provided a stimulus which doesnt even equal a percent of the countrys GDP when other countries have already pumped funds far in excess into their respective economies.

The companys flagship line said eight of its ships could begin cruising on Aug. 1, though it later said “there is no assurance” it would start sailing again on that date.

Slumping over 810 points from the days high, the 30-share BSE index settled 261.84 points or 0.83 per cent lower at 31,453.51.

A small Buffalo manufacturer has had to trim its staff and spending. But its fourth-generation owner says: “We will take care of everybody.”

The report said the increase in non-performing assets by 2-4 percentage points will need a government recapitalisation requirement by $7-15 billion.

Imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime. India and China are members of this Geneva-based organisation, which deals with global trade norms.

Non-banking financial companies (NBFCs) have asked the Reserve Bank of India to allow them one-time restructuring of all loans till March 2021, as their borrowers are facing funding issues amid t

An American financial organisation has agreed to sanction USD 15 million loan to an Indian education start-up to expand the access to quality education by providing critical financing to schools

The entertainment conglomerates vastness, once its strength, has posed a challenge during the pandemic.

Lower crude production due to reduced activity and OPEC+ cuts, coupled with a partial recovery in oil demand, should drive prices higher next year, Goldman Sachs Equity Research said in a note.

ICICI Bank was the top laggard in the Sensex pack, tumbling nearly 9 per cent, followed by IndusInd Bank, Bajaj Finance, Tata Steel and HDFC.

As prices face the 50-day moving average, trading it on the higher side in one move is difficult and some retracement is very likely.

The rupee opened weak at 75.70 at the interbank forex market and then fell further to 75.80, down 71 paise over its last close.