Business

Jaitley (66) had passed on the temporary charge of the Finance Ministry and Corporate Affairs to Railway Minister Piyush Goyal on January 23 as he had to undergo medical treatment in the US.

Plane manufacturer Airbus SE on Thursday announced its decision to stop making A380 double-decker that accommodates 500 to 850 passengers. In recent years, Airbus was forced to slow A380 production as airlines opted for smaller planes at congested airports. "

Payments technology company, Cashfree has launched Virtual UPI IDs, for automated reconciliations of UPI transfers for businesses. Cashfree is the first payment technology company to launch this innovative feature for UPI Payments.

The Finance Bill, which contains tax proposals, was passed by the Lok Sabha with voice vote, completing the budgetary process in the lower house.

Investors will also be looking for the third quarter earning outcomes to be announced later in the day by companies like Coal India, Hindalco and Sun Pharmaceutical.

The Nifty of the National Stock Exchange (NSE) opened lower at 10,930.90 after closing at 10,943.60 on Friday.

A quarterly survey by industry body FICCI portrays a better outlook for the manufacturing sector with 54 per cent of respondents reporting higher production from October to December quarter of 2018-19 compared to 47 in the same quarter of the previous year.

The bank, which is under the prompt corrective action (PCA) of the Reserve Bank of India, had reported a net loss of Rs 1136.44 crore for the second quarter of the current fiscal.

BSE benchmark Sensex jumped over 150 points in early trade Thursday on sustained buying by domestic and foreign institutional investors, ahead of RBI's policy outcome later in the day.