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FIIs inject $2.37 billion in equity market in Feb, highest in 15 months

One of the major reasons attributed to a buying spree by FIIs is the increased expectations of a rate cut by the apex bank in its next monetary policy committee (MPC) meeting that is scheduled on April 4.

Mar 7, 2019

Manchester United scripts miracle against PSG; progresses to Champions League quarters

Manchester United has defeated PSG 3-1 in Paris to go through to the Champions League quarter final.

Mar 7, 2019

PSG vs Manchester United: UEFA Champions League live stream, probable XIs, TV listings & preview

PSG will look to avoid an upset against Manchester United as they look to progress into the quarterfinal of the Champions League.

Mar 6, 2019

Delivery Hero Group takes over Zomato's UAE business for $172 million

In the latest round of funding, Zomato has raised $105 million from Delivery Hero, Glade Brook Capital, Shunwei Capital, and Saturn Shine

Mar 6, 2019

Grant Thornton audit report on IL&FS finds rampant irregularities of Rs 13,000 crore

The audit report showed that there were many instances where funds worth Rs. 541 crore were taken for short-term purposes and utilised for long-term purposes.

Mar 5, 2019

Naresh Goyal pens letter to Jet staff hoping things will 'ease up,' son Nivaan may be inducted into board

In the letter sent out to Jet Airways' employees on March 1, Goyal said he was he is "prepared to make any sacrifice to ensure your future comfort and prosperity, viability of the airline and welfare of all employees."

Mar 2, 2019

Finance Ministry asks tax panel to rationalise existing income-tax slabs

Panel will look at tax slabs, particularly the 20% slab, and revise them in the light of international best practices.

Feb 28, 2019

New RBI governor Shaktikanta Das. Photo: Reuters

Major boost to govt exchequer as RBI approves Rs 28,000 crore interim dividend

In total the centre has budgeted for ₹74,140 crore in dividends from RBI and state-owned banks in the fiscal year ending 31 March. For the next FY, it has planned ₹82,910 crore from the dividend.

Feb 19, 2019

Liverpool vs Bayern Munich live stream: Champions League preview, probable XIs & TV listings

Liverpool and Bayern Munich will lock horns at Anfield in the first leg of the Champions League round of 16 tie.

Feb 19, 2019

Paytm to take longer than expected to return profits amid surging losses

Rapid expansion strategy may raise Paytm losses to Rs 2,100 crore in FY20 as competition heats up mobile payments field.

Feb 18, 2019

tax collection data, indirect taxes, direct taxes, income tax, corporate tax, modi govt, budget 2017, arun jaitley

Rupee weakened against dollar in choppy weekly trade

In what could translate into further trouble for the domestic currency, analysts see an upward move of 6 to 7 per cent in the Brent crude prices in the coming week.

Feb 17, 2019

India-Pakistan tensions, global cues to dent equity indices

Analysts predict, a continuation of investors' negative reaction to the rising India-Pakistan tensions after a major terror strike took place in Jammu and Kashmir and any further outflow of foreign funds.

Feb 17, 2019

Yes Bank shares zoom nearly 30% on clean score in RBI's divergence report

Investors who took huge risk after the drubbing the Yes Bank stock got in the recent past were in for a surprise on Thursday.

Feb 14, 2019

Sharp fall in exports keeps farm produce prices suppressed

The Modi government's plans to woo back farmers in election year hit a roadblock as the global glut in agricultural commodities drives traders to delay off-take expecting lower prices.

Feb 12, 2019

a worker cycling by an Indian oil refinery

India launches 3rd round of oil and gas blocks for exploration

Twenty-three blocks covering an area of 32,000 square kilometres were offered for bidding, out of which five are for extraction of coal bed methane.

Feb 11, 2019

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