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Adani To Raise Investment By Rs 3,000 Crore In Odisha

Adani Group will increase its investments in Odisha by about Rs 3,000 crore for a total of Rs 15,000 crore, chairman Gautam Adani said on Thursday, without providing a specific timeline

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Manufacturing Activity Cools In November On Cash Crunch

The Nikkei/Markit Manufacturing Purchasing Managers' Index fell to 52.3 in November from October's 54.4, its biggest month-on-month decline since March 2013

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Govt Backtracks, Old Rs 500 Notes Valid At Petrol Pumps, Airports Only Till Dec 2

With effect from December 3, 2016, old Rs 500 notes cannot be used for purchase of petrol, diesel and gas at the stations operating under authorisation of public sector oil marketing companies and for buying airline tickets at airport counters

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Rupee Softens 13 Paise Against Dollar In Early Trade

Dealers attributed the rupee's fall to the dollar's strength against some other currencies overseas on speculation that the Federal Reserve will raise interest rates in December but a higher opening of the domestic equity market and country's GDP accelerating to 7.3 per cent in the September quarter

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Auto Sales Face Tough Month as Cash Crunch Grips Country

Indian auto makers are generally expected to report weaker transactions for November as a severe cash crunch impacts the country, hitting retail sales

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Sensex Continues Winning Streak, Up 116 Points On GDP Data

Building on gains for the fifth straight session, the Sensex gained over 116 points to 26,769.32 in early trade on Thursday on sustained buying by participants, particularly domestic institutional investors

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President-elect Donald Trump Offers To Play Any Role In Solving Pakistan's Problems

US President-elect Donald Trump has told Prime Minister Nawaz Sharif that he is willing to play any role that Pakistan wants to address and find solutions to the country's outstanding problems

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54EC Bond Rates Fall. Should You Still Invest?

Given that 54EC bonds are backed by the government and hence default risk-free, an IRR of 11.05 per cent isn’t too shabby

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Nusli Wadia To Go Ahead With Defamation Cases Against Tatas

The spat between Tata Group and Mistry camp appeared to be escalating with industrialist Nusli Wadia on Wednesday, saying that he has been left with no option other than defamation proceedings against the conglomerate

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BAE Systems Says India, US Clear M777 Artillery Gun Deal

India's defence procurement agency agreed a proposal to buy 145 of the artillery guns in June in a deal worth an estimated $750 million

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