Reports on ‘missing’ banknotes misinterpretation of info: RBI
MUMBAI: The Reserve Bank of India (RBI) has denied reports suggesting a discrepancy between the quantity of banknotes printed and the amount supplied to the RBI during the 2015-16 period. The central ...
Sensex ends at record high of 63,385 points on Wall Street rally
MUMBAI: An overnight rally in US stocks spilled over to Dalal Street on Friday, helping the sensex close at a record high of 63,385 points, up 467 points on the day. Intraday, the sensex was just 64 p ...
GUVNL nod to Avaada Energy for 400 MW solar project
AHMEDABAD: Renewable energy major Avaada Energy on Thursday announced that it has received a letter of intent (LoI) from the Gujarat Urja Vikas Nigam Limited (GUVNL) to set up a 400 MW (DC) solar proj ...
BSE sells 4.5% stake in CDSL for Rs 468 crore
NEW DELHI: Leading stock exchange BSE on Wednesday divested a 4.5 per cent stake in Central Depository Services Ltd for Rs 468 crore through an open market transaction.Central Depository Services (Ind ...
US annual consumer inflation eases for 11th straight month
Consumer inflation in the United States cooled for an 11th straight month in May, the Labor Department said Tuesday, in an encouraging sign for policymakers seeking to rein in price increases.The cons ...
European shoemaker AstorMueller to expand retail footprint in India
NEW DELHI: European shoemaker AstorMueller is charting a course to expand its retail footprint in India, a country from where it has been sourcing for its global operations for nearly two decades.“Ind ...