Users send a message on the app and a virtual assistant responds.
A little over 80 per cent of the orders placed on domestic stock markets are generated by algorithms. Samie Modak reports on the whats and whys of algos.
Arun Jaitley had proposed in the Budget to double the rate of capital gains tax on debt MFs to 20%.
Fresh foreign capital outflows also affected the rupee sentiment, a forex dealer said.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
Many are now cheaper after stock splits. But look at key parameters
More than 30 entities, including brokers and high net worth individuals, have come under the scanner of market watchdog Sebi for unusual trading activities on the day of Lok Sabha election results.
Payment banks may not be viable option to attain financial inclusion.
Knowing these will save you from taking undue risks, losses and also create wealth in the long run, says Dwaipayan Bose.
The company no longer sees the London listing as necessary to access capital and the deal will simplify Vedanta's corporate structure.
They were shut when PSUs were selling heavily subsidised fuel; will reopen now, buoyed by diesel decontrol
Provisions of long-term capitals gains tax is now applicable after only two years.
The project, anchored by National Highways Authority of India in partnership with National Payments Corporation of India, is gaining momentum, with big banks such as ICICI and non-bank entities like Paytm have also entered the arena.
With more favourable view on Indian economy and business environment under the Narendra Modi government, the risk premium for Indian papers began to climb down.
If approved, the Nasdaq plan could have far-reaching effects on competition, pricing and complexity in options and stock markets.
With a decelerating economy that weakens India's hands on geopolitical issues, it will be interesting to know which way this trip will go.
Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran.
On January 31, the US Federal Trade Commission cleared the merger.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
Simple, sharp and witty... P V Subramanyam offers 12 mantras to become a successful investor
The United States National Security Agency illegally intercepted thousands of e-mails from Americans with no connection to terrorism and misled the court about the scope of what it was doing, according to latest declassified documents.
India owes Iran around $8.8 billion primarily on account of crude oil imports.
Oil Minister M Veerappa Moily reviewed the progress on the ambitious 1,680-km project with Turkmenistan Minister for Oil and Gas Mukhammetnur Khalylov, who is in New Delhi to attend the eighth Asia Gas Partnership Summit.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
If currency controls are maintained indefinitely, popular support for Narendra Modi's demonetisation will turn into dislike, warns Devangshu Datta.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
If you score well in your credit report with anything between 700 and 900 points, your demand will be easily processed and approved.
Despite the low prices, commodities are risky investments
Pepperfry rethinks its user experience, increases its range of low-priced goods. It also positions itself as a home and dcor solutions provider as it looks for buyer loyalty.
India Inc did not perform well during December quarter.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.
The budgeted indirect tax collection target is Rs 9.26 trillion, and the Centre has collected around Rs 5 trillion in the first 8 months. So it needs another Rs 4.2 trn in the last four months
Zomato, the India-based global restaurant search and discovery business entity, has accelerated plans to get into new products like online food ordering.
The contraction in M&A activity in India contrasts sharply with the upbeat global picture, much of it led by a reviving US economy.
Birla Corporation has grown from a Rs 1,763-crore company to Rs 3,200 crore; profitability, however, has suffered due to the slowdown.
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
