After logging gains for two days, gold price today headed lower by Rs 15 to Rs 30,700 per 10 grams ahead of the auspicious Dhanteras Friday as buyers put off their buying activity amid a weak trend overseas.
More than 1,300 new foreign portfolio investors (FPIs) have registered with capital markets regulator Sebi in April-August of 2016-17, showing a sign of their willingness to be part of India's growth story.
The company has priced the lightweight cruisers, V9 Bobber and Roamer, at Rs 13.6 lakh, while the bigger MGX-21 gets a price tag of Rs 27.78 lakh.
Shares of various Tata group stocks, including Tata Power and Tata Motors, plunged sharply this morning amid concerns about purported disclosure made by ousted group chairman Cyrus Mistry about huge write-down risks at some firms.
The 30-share index was trading lower by 103.69 points, or 0.37 per cent, to 27,732.82. The gauge had lost 342.57 points in the previous two sessions.
Worried over circulation of fake currency notes of Rs 500 and Rs 1,000 denomination, the RBI today asked the public to make it a habit to examine the notes before accepting them in the usual course of transactions.
NITI Aayog has prepared a list of public sector units where the government can sell its majority stake to private companies in order to bring in greater efficiency and professionalism in functioning.
The Union Cabinet is likely to take a decision on Thursday on Finance Ministry's proposal of advancing the date for Budget presentation to February 1.
Markets regulator Sebi has begun looking into the high profile Tata-Mistry case for any possible breach of corporate governance norms and listing regulations at various listed companies of the over USD 100 billion conglomerate.
Key Tata Group firms lost over Rs 10,000 crore for the second day Wednesday, extending the total erosion in market capitalisation to more than Rs 21,000 crore following Cyrus Mistry's ouster as Tata Group chairman.
The Union Cabinet is likely to take a decision Thursday on Finance Ministry's proposal of advancing the date for Budget presentation to February 1.
Prime Minister Narendra Modi on Wednesday said that the presentation of Union Budget is being advanced by about a month to ensure speedier implementation of projects and schemes.
The BSE benchmark Sensex settled below the 28,000-mark by falling 255 points on Wednesday, weighed down mainly by weakness at Tata Group counters in the wake of removal of Cyrus Mistry as its chairman.
India has notified the revised double tax avoidance agreement with South Korea under which capital gains tax will be levied at the source with effect from April 1, 2017.
India's global ranking in terms of protection of minority investors has slipped three notches to 13th, but remains much higher than the country's overall 130th rank for ease of doing business.
Shares of Axis Bank slumped over 8 percent Wednesday after the company's July-September quarter net plunged by 83 percent.
The Sensex went below the 28,000-mark by plunging over 201 points after funds and retail investors hit the sell button tracking a sluggish global trend due to tumbling oil prices.
The Rs 3,000-crore IPO received bids for 55,72,111 shares against the total issue size of 2,80,77,500 shares, data available with the NSE till 1700 hrs showed.
Shares of Tata Steel fell by 2.51 percent, Tata Power lost 1.5 percent, Tata Consultancy Services slipped 1.20 percent and Tata Motors went down by 1.07 percent on BSE.
Foreign Institutional Investors remain overweight on Indian markets on recovery hopes in the second half of the current fiscal as well as long-term growth outlook, says a UBS report.