Sensex sinks 587 pts as stimulus hopes dim; Yes Bank dives 14 pc

Sensex sinks 587 pts as stimulus hopes dim; Yes Bank dives 14 pc

Friday, 23 August 2019 | PTI | mumbai

Equity markets closed deep in the red on Thursday after top government officials virtually ruled out a stimulus package for slowdown-hit sectors, triggering another round of selling in banking, auto and metal stocks. A weakening rupee, which hit its lowest level in eight months, and lackluster global cues further weighed on...

Beijing appeals to US to ‘meet China halfway' on trade

Thursday, 22 August 2019 | AP | Beijing

Beijing appealed to Washington on Wednesday to "meet China halfway" and end a tariff war after President Donald Trump said Americans might need to endure economic pain to achieve longer-term benefits. A foreign ministry spokesman, Geng Shuang, expressed hope Washington can "get along us" and restore "mutually beneficial" trade.            

Trump acknowledges China policies may mean US economic pain

Thursday, 22 August 2019 | AP | Washington

President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they're needed for more important long-term benefits. He contended he does not fear a recession but is nonetheless considering new tax cuts to promote growth. Asked if his trade war with China could...

Maruti launches new XL6 MPV’

Thursday, 22 August 2019 | PNS | New delhi

In the midst of the worst sales slump for passenger cars in decades, Maruti-Suzuki took the wraps off their new multi-person vehicle (MPV) the XL6. The XL6 which is a variant of the popular Ertiga MPV will however be sold through the carmakers premium sales channel Nexa, and features several...

NCLAT asks Jet lenders if they would cooperate with Dutch court administrator

Thursday, 22 August 2019 | PTI | New Delhi

The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked lenders of Jet Airways whether they would cooperate with the Dutch court administrator who is also pursuing insolvency proceedings against the debt-ridden carrier. A three-member NCLAT bench headed by Chairman Justice S J Mukhopadhyay asked the Committee of Creditors (CoC)...

BMW launches 7-generation 3-series

Thursday, 22 August 2019 | PNS | Gurugram

German carmaker BMW took the wraps off the seventh-generation of their popular 3-series sports sedan in India. The latest iteration of the global bestseller will be available in two diesel and one petrol option and will be priced between Rs 41.4 lakhs to Rs 47.9 lakhs. The vehicle will be...

India Inc reports lower revenue, profit growth in Q1: Report

Thursday, 22 August 2019 | PTI | Mumbai

The ongoing economic slowdown has started hurting corporates as well, with companies reporting a sharp decline in both revenue and profit growth numbers in the June quarter, a report said on Wednesday. India Inc's net sales growth for the June quarter slid to 4.6 per cent as against 13.5 per cent...

P&G Q4 net up 36.45 pc

Thursday, 22 August 2019 | PTI | New Delhi

Procter & Gamble Hygiene and Health Care (P&G) on Wednesday reported a 36.45 per cent rise in net profit at Rs 60.79 crore for the June quarter.  The company had posted a net profit of Rs 44.55 crore in the year-ago quarter.  Total income in the quarter under review stood...

Sunday Edition

Game on!

18 August 2019 | Pioneer | Agenda

Krishna, the nation builder

18 August 2019 | Dr. Asha Goswami | Agenda

Happiness in digital world

18 August 2019 | Dr Awdhesh Singh | Agenda

Faith does more than heal

18 August 2019 | Ajit Kumar Bishnoi | Agenda

Astroturf | Let love play the game changer

18 August 2019 | Bharat Bhushan Padmadeo | Agenda

Art for the soul

18 August 2019 | Shalini Saksena | Sunday Pioneer