Business

Business

Gold extends gains on global cues, jeweller buying

Amid positive global cues and increased buying by local jewellers, gold maintained its upward trend for the second straight day, climbing another Rs 125 to Rs 32,125 per 10 gram at the bullion market today.

Business

PNB fraud: ED files charge sheet against Nirav Modi, associates

The ED today filed its first charge sheet in the over USD 2 billion PNB fraud case involving diamantaire Nirav Modi and his associates, officials said.

Business

Sensex zooms 318 pts; Nifty tops 10,500-mark

The BSE Sensex rebounded over 318 points today on robust buying in IT, banking, metal and pharma stocks amid mixed global cues.

Business

Jet Airways' standalone Q4 net loss at Rs 1,036 cr

Airline major Jet Airways on Wednesday reported a standalaone net loss of Rs 1,036 crore for the fourth quarter of 2017-18.

Business

Direct tax collections grow 18% to Rs 10.03 lakh cr

India's direct tax collections for the last financial year crossed the Rs 10 lakh crore mark, registering an increase of 18 per cent over the previous fiscal, the government said on Wednesday.

Business

Groundbreaking ceremonies of Rs 54,000-cr projects in UP soon

Groundbreaking ceremonies of projects entailing expenditure of Rs 54,000 crore, regarding which MoUs were signed during "UP Investors Summit 2018" in February, will take place soon, an official said on Wednesday.

Business

Sterlite violence: HC stays construction, HM seeks report on deaths

Taking note of the seriousness of the Sterlite violence the High Court has stayed construction and HM has sought reports on death

Business

Government not to sell Air India, if bids are below minimum floor price: Official

The central government might not sell its stake in the ongoing divestment process of the national passenger carrier Air India, if bids do not meet a minimum threshold value or floor price estimated for the airline.

Business

Petrol inches towards Rs 100

After reaching unprecedented highs in Delhi and Mumbai, petrol prices touched a record high in Chennai, at Rs 79.79 per litre on Tuesday.

Business

SBI posts Q4 loss of Rs 7,718 cr on provisions, gross NPAs up

Reflecting the continued pressure on state-run banks, State Bank of India (SBI) on Tuesday posted a loss of Rs 7,718 crore for the fourth quarter ended March, mainly due to increased provisioning, the bank said in a stock exchange filing. The country's largest lender had recorded a profit after tax (PAT) of Rs 2,815 crore in the corresponding quarter of the last fiscal. SBI's fourth quarter loss more than trebled over that of the previous quarter when the bank had incurred a loss of Rs 2,416 crore.

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