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Sensex climbs 374 points on buying in Reliance, ICICI Bank

India, Aug. 7 -- Benchmark BSE Sensex climbed 374 points on Thursday, drawing support from moderation in crude oil prices and buying in heavyweights Reliance Industries and ICICI Bank. After trading i... Read More


Rupee falls 16 paise to close at 95.24 against US dollar

India, Aug. 7 -- The rupee depreciated 16 paise to close at 95.24 (provisional) against the US dollar on Thursday, on slight gains in the US Dollar Index and a modest increase in US Treasury yields. ... Read More


PNB Housing eyes Rs 100 cr micro-loan book in FY27

India, Aug. 7 -- PNB Housing Finance expects its newly launched micro-housing loan business to reach around Rs 100 crore by the end of the current financial year as it expands deeper into the affordab... Read More


SEBI mulls streamlining rules for stock exchanges, clearing corporations

India, Aug. 7 -- Markets regulator SEBI on Thursday proposed streamlining rules for stock exchanges and clearing corporations, including a separate Master Circular for clearing corporations, to elimin... Read More


Power Grid shares drop 4% after Quarter 1 earnings

India, Aug. 7 -- Shares of State-owned Power Grid Corporation of India dropped 4 per cent on Thursday after it reported a slight year-on-year dip in consolidated net profit at Rs 3,598.42 crore in the... Read More


Microsoft launches fourth cloud region in Hyderabad

India, Aug. 7 -- Tech giant Microsoft on Thursday announced the general availability of its fourth cloud region in India, located in Hyderabad, giving customers the choice to run eligible Microsoft Cl... Read More


Allahabad HC quashes remand order against man

India, Aug. 7 -- The Allahabad High Court has quashed the remand order against a petitioner and directed his release upon furnishing a bond, stating that he was not provided the grounds at the time of... Read More


HC treats WhatsApp messages as dying declaration in suicide case, denies bail to trio

India, Aug. 7 -- The Madhya Pradesh High Court has termed WhatsApp messages found on the mobile phone of a 25-year-old tribal man "prima facie crucial dying declaration" in a suicide abetment case, re... Read More


SC allows Asaram to engage trained care taker of his choice, no interim bail

India, Aug. 7 -- The Supreme Court on Thursday denied interim bail as of now to self-styled godman Asaram, who is serving a life sentence in a 2013 case of sexually assaulting a minor, but allowed him... Read More


Trump strikes back at SC, signs fresh orders on birth tourism

India, Aug. 7 -- US President Donald Trump has signed two executive orders to crack down on birth tourism and limit the number of people eligible for birthright citizenship, weeks after the Supreme Co... Read More