Business

Top losers in the Sensex pack include Bharti Airtel, Infosys, Asian Paints, RIL, Coal India, HDFC Bank, HDFC, TCS, ONGC and M&M, falling up to 3.09 percent.

The CITI Chairman highlighted that China which is the largest importer of cotton yarn has shifted from India to Vietnam and Indonesia as these countries have duty free access while Indian yarn carries 3.5 per cent import duty.

Other losers included Vedanta, Tata Steel, NTPC, ONGC, L&T, M&M, Coal India, Maruti, PowerGrid, Axis Bank, ITC and HDFC, dropping up to 5.75%.

Mukesh Ambani said Jio's Gigafiber project of connecting Bengal with optic fibre to bring superior digital services to every home has progressed well.

Foreigners net bought stocks worth $5.9 billion last month, the highest since a $7.1 billion inflow in January 2018, data from South Korea, Taiwan, India, Thailand, the Philippines, Indonesia and Vietnam showed.

Hero MotoCorp, Bajaj Finance, M&M, IndusInd Bank, Bajaj Auto and SBI were the top gainers, rising up to 1 per cent.

As per the tradition, the outgoing government is supposed to present an interim budget or a vote-on-account before the Lok Sabha elections and the new government presents a full budget for the fiscal year.

While presenting his last full-fledged budget in 2018, Finance Minister Arun Jaitley had not altered income tax rates.

DHFL on Wednesday said the Cobrapost report was unfounded and malicious, and that it had engaged lawyers to defend itself.

The US-China trade talks would take place here on January 30 and 31. However, the White House Monday denied that there was any link between the two.

The airport exceeded the 8 million passenger mark twice last year, particularly in July, when passenger numbers reached 8.2 million, and in August, which logged 8.4 million flyers, making it the busiest month in the history of the airport since it started...

This development comes two days after shares of ZEE Group companies had come under massive selling pressure, plummeting up to 33 per cent.

The government had budgeted the fiscal deficit for the current financial year at 3.3 per cent of the gross domestic product (GDP). However, in the April-November period, the deficit touched 114.8 per cent of the budget estimates.

Three years back Tata Motors had market share of 2.8% in passenger car segment and it has not reached to nearly 7%.

Traders said market remained range-bound for the better part of the session as investors kept their exposure at a low ebb due to weak global cues.

The dollar falling against other currencies overseas on lingering worries about a global slowdown and continuing US-China trade tensions, supported the Indian rupee