Business

As per the norms, written-off securities are sold through the stock exchange in case custodian is unable to deliver securities or ascertain the claimant for securities.

The presentation of the Budget is expected to take place on February 1.

The rupee on Friday surged by 17 paise to end at 67.82/83 per US dollar against previous close of 67.99/68.00 per dollar.

Domestic carriers continue to woo customers with heavy discounted ticket prices, with no-frills GoAir on Wednesday offering fares starting as low as Rs 999 for a limited period over its entire route network.

Government should make the best use of demonetisation and come out with a Budget full of out-of-box ideas, economists told Finance Minister Arun Jaitley.

In a dramatic turn of events, Mistry -- who was sacked as Tata Sons Chairman on October 24 -- yesterday quit from the boards of six listed Tata group companies.

Tata Sons on Tuesday said it will contest allegations made by its ousted Chairman Cyrus Mistry against the holding company in petition filed by his investment companies at National Company Law Tribunal.

Finance Minister Arun Jaitley on Tuesday said the Axis Bank management has assured the government that it is taking action against erring officials who are involved in irregularities post demonetisation.

Whilst the USD value of global merchandise exports has probably contracted by about 3 per cent this year, cross-border sales of services, such as tourism, banking, construction and software development, has risen by 1 per cent in nominal terms, according...

hares of Coal India plunged over 3 per cent in early trade on Wednesday after the company reported a steep fall in its net profit for the second quarter ended September 30.

Since the Gatt came into being in 1948, the share of China's exports soared to 14.2 per cent in 2015 from a paltry 0.9 per cent 67 years ago, while that of the US nosedived to 9.2 per cent from 21.6 per cent.

Sangh ideologue S Gurumurthy has said that demonetisation was an inevitable step that former RBI governor Raghuram Rajan wouldn’t have agreed to, and therefore it could not have been done till after the change of guard at the central bank.

Well, not only has the central bank stayed away from announcing a much-expected — and some would say a much-deserved — cut in the benchmark repurchase rate, it has failed to offer a concrete reason why rates should be kept at the earlier levels despite th...

Rising for the third back-to-back session, the Sensex moved up another 77 points on Wednesday with interest-sensitive stocks gaining the most as investors raised bets on RBI's policy decision amid firm global cues.

Canara Bank MD and CEO Rakesh Sharma said that with softening of inflation, "we expect that RBI may go for a 25-basis point rate cut in the upcoming policy".

The Reserve Bank of India (RBI) on Sunday said that it will soon issue new Rs 20 and Rs 50 notes.