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June 21, 2016 3:14:29 pm

The changes to investment policy in aviation sector come less than a week after the Union Cabinet approved the National Civil Aviation Policy 2016, which had maintained a status quo on the FDI regime in the sector.

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June 22, 2016 11:14:50 am

The 30-share index declined 178.03 points or 0.66 per cent to 26,447.88 with banking, consumer durables, FMCG, power, healthcare, metal and PSU sectot stocks leading the fall.

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June 21, 2016 12:13:31 am

Wal-Mart will receive nearly 145 million new JD.com shares.

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June 20, 2016 8:52:09 pm

RBI governor Raghuram Rajan said that the RBI will "do what we can" to deal wit market volatility following Brexit.

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June 20, 2016 7:39:54 pm

FDI rules announced today will attract big new investments across key sectors such as food processing, defence production, pharmaceuticals and civil aviation, said CII.

June 20, 2016 7:12:09 pm

The Indian Iris is the first of its kind platform that provides all policies and schemes of centre and state governments in an easy to understand language.

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June 20, 2016 6:38:12 pm

Budget carrier IndiGo ferried the highest number of 33.37 lakh passengers in May, followed by private full service carrier Jet Airways and Air India.

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June 20, 2016 6:52:09 pm

Major gainers were Tata Motors (3.80 per cent), Tata Steel (3.32 per cent), Ambuja Cement (2.59 per cent), Tata Mtrc (2.56 per cent) and Infy (2.48 per cent).

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June 20, 2016 7:29:04 pm

Raghuram Rajan, whose term is set to end in September, said India is abandoning the old ways by focusing on low inflation.

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June 20, 2016 5:23:37 pm

It said that to sustain 7.6 per cent growth in 2016-17, the challenge for the Indian economy is to activate the stalled engines - agricultural growth, rural demand, trade and private investment.

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June 20, 2016 6:46:17 pm

The Office noted that now been decided to permit 100% FDI under government approval route for trading, including through e-commerce in respect of food products manufactured or produced in India.

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June 20, 2016 7:29:35 pm

The 15-minute pre-open call auction is helpfull in containing excessive volatality, which was expected today.

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June 20, 2016 6:46:15 pm

It has now been decided to relax local sourcing norms up to three years and a relaxed sourcing regime for another five years for entities undertaking Single Brand Retail Trading of products having ‘state-of-art’ and ‘cutting edge’ technology.

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June 20, 2016 6:46:12 pm

As per the Government's release, most of the sectors now will have 100 per cent FDI except a few.

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June 20, 2016 2:36:33 pm

Marketmen said some big domestic institutions could have been pressed into buying to check the losses, as turnover was relatively higher in early morning trades for a Monday.

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June 20, 2016 6:46:07 pm

As per the present FDI policy, foreign investment up to 49% is allowed under automatic route in Scheduled Air Transport Service/ Domestic Scheduled Passenger Airline and regional Air Transport Service.

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June 20, 2016 6:46:03 pm

With the objective of providing major impetus to employment and job creation in India, the government on Monday made changes to the FDI policy at a meeting chaired by Prime Minister Narendra Modi.

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June 20, 2016 7:30:06 pm

"We don't want unnecessary speculation," a government spokesperson told PTI

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June 20, 2016 1:34:37 pm

Three opinion polls ahead of the June 23 vote showed the 'Remain' camp recovering some momentum, although the overall picture remains one of an evenly split electorate.

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June 20, 2016 1:08:41 pm

MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.3 per cent, Australian stocks added 1.4 per cent and South Korea's Kospi rose 1.5 per cent.