Success Is Yours: January 2020

Friday, January 31, 2020

Budget 2020: What Fiscal Deficit Is And Why It Is Important To Contain It

Budget 2020: Effective revenue deficit is defined as the difference between revenue deficit and grants for creation of capital assets.

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Budget Should Focus On Putting More Money In Hands Of People, Says FICCI

Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) expects the Budget to put more money in the hands of people especially in rural areas, focus on disinvestment and announce...

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How Stock Markets Have Reacted To Budget Announcements In Past

Analysts say volatility in the markets especially on the Budget day cannot be ruled out as the government may unveil more measures to lift economic growth which is estimated to hit an 11-year low in...

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Budget 2020 Explainer: What Is Appropriation Bill?

Union Budget 2020: The government introduces the Appropriation Bill in the Lok Sabha post the discussions on Budget proposals and Voting on Demand for Grants. The Appropriation Bill is first passed by...

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Budget 2020 Explainer: What Is Finance Bill?

Budget 2020: As per Rule 219 of the Rules of Procedure of Lok Sabha, a Finance Bill is a bill ordinarily introduced in each year to give effect to the financial proposals of the Government for the...

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Opinion: Restoring Input Tax Credit Benefits To Help Bring Down Property Prices

The question of why homes are not selling as quickly as they used to does not have a single answer - it is a matter of sentiment, and sentiment reacts to a number of factors.

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Budget Components Explained: What To Find Where In Budget Documents

For example, the Demand for Grant documents detail the estimated expenditure by each ministry or department in the coming financial year.

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Key Income Tax Changes Announced In Union Budgets

Budget 2020: From changes in income tax rates to the reintroduction of standard deduction and a higher income threshold for rebate, the government has made a few changes in the income tax rules over...

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A Summary Of Key Railway Announcements Since Merger With Union Budget

This marked the end of an era in rail budget-making; a long cherished 92-year-old history of separate rail and general budgets came to an end.

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From GDP Expansion To Demand: Key Challenges Facing India Ahead Of Budget

As Finance Minister Nirmala Sitharaman gears up to present her second Union Budget, all eyes are on any new announcements to revive the economy. After holding its position as the world's...

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Rs 2 Lakh Limit On Deduction Against Home Loan Interest Not Enough: CII

India's real estate sector has been struggling against a severe liquidity crunch over the past three years following a series of debt defaults by high profile NBFCs.

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Union Budget 2020 Date, When And Where To Watch Live Streaming Of Budget

The Union Budget for financial year 2020-21 will be tabled in Parliament on February 1. The Union Budget will be preceded by the presentation of Economic Survey on the previous day.

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What The Common Man Can Expect From The Union Budget 2020-21

Budget 2020: Every year, speculations on major income tax changes in Union Budget - potentially sending more money to the pockets of the common man - drive investment decisions for many individuals,...

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Important Facts To Know About Past Union Budgets

Union Finance Minister Nirmala Sitharaman will present Budget for financial year 2020-21 on February 1, 2020. The official preparation of Budget started on Monday with customary Halwa ceremony....

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Key Challenges For Finance Minister Ahead Of Union Budget

Finance Minister Nirmala Sitharaman will present the first full year Budget on February 1, 2020 after Prime Minister Narendra Modi's National Democratic Alliance government returned to power in May...

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Budget 2020 Expected To Give A Boost To Investments, Savings: Brickwork

Calling the upcoming Budget as "an opportunity to unleash reforms", Brickwork Ratings said that the measures brought in since August 2019 are expected to have an impact on the economy gradually.

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Budget 2020: LTCG Tax Break On Cards? Here's What Analysts Say

Long-Term Capital Gains Tax: This tax is applicable on profits arising from sale of applicable assets held for more than one year from the date of purchase.

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Budget 2020: What Fiscal Deficit Is And Why It Is Important To Contain It

Budget 2020: Effective revenue deficit is defined as the difference between revenue deficit and grants for creation of capital assets.

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Budget Should Focus On Putting More Money In Hands Of People, Says FICCI

How Stock Markets Have Reacted To Budget Announcements In Past

Budget 2020 Explainer: What Is Appropriation Bill?

Budget 2020 Explainer: What Is Finance Bill?

Budget 2020: HDFC Pitches For One-Time Loan Recast For Realty Projects

HDFC Chairman Deepak Parekh said that lenders are not able to write new loans for projects because a new borrowing by an entity which is already a non-performing asset, becomes an NPA on day one.

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Can Budget 2020 Reboot The Banking Sector?

Abheek Barua, Chief Economist at HDFC Bank believes, "The central problem is risk and the government through this Budget can make an attempt to reduce the risk by holding or purchasing some of the...

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Thursday, January 30, 2020

Economic Survey Pegs Economic Growth At 6-6.5% In 2020-21

Economic Survey: Growth slipped to 4.5 per cent in the July-September quarter, imperilling job prospects for millions of young people entering the workforce each year.

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Economic Survey Pegs Economic Growth At 6-6.5% In 2020-21

Sensex Slips More Than 100 Points Ahead Of Economic Survey

The broader markets were also trading weak; the BSE Midcap index had 62 points or 0.4 per cent at 15,494 and the smallcap index had lost 41 points or 0.2 per cent at 14,663.The Economic Survey is to...

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Sensex Slips More Than 100 Points Ahead Of Economic Survey

Budget 2020: Income Tax Cuts, Concessions For Home Buyers Predicted

Finance Minister Nirmala Sitharaman is set to outline fiscal steps that may include higher spending in rural areas and possible tax cuts when she delivers her second budget speech in New Delhi.

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Budget 2020: Income Tax Cuts, Concessions For Home Buyers Predicted

Krishnamurthy Subramanian's Economic Survey LIVE Updates

An Economic Survey is a comprehensive report card on the economy, through which the Government of India's Chief Economic Adviser shares his perspective on the economy, provides insights on...

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IIT-Kanpur Alumnus Arvind Krishna To Be The CEO of IBM: 10 Things To Know

International Business Machines Corp (IBM) has named IITian Arvind Krishna as chief executive officer, replacing long-time CEO Virginia Rometty. Mr Krishna, 57, who is an alumnus from Indian Institute...

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What Is Economic Survey? 10 Things To Know

The Economic Survey will be presented by Chief Economic Advisor Krishnamurthy Subramanian and tabled in both the houses by Finance Minister Nirmala Sitharaman in January 2020. The Economic Survey is a...

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Krishnamurthy Subramanian's Economic Survey LIVE Updates

IIT-Kanpur Alumnus Arvind Krishna To Be The CEO of IBM: 10 Things To Know

What Is Economic Survey? 10 Things To Know

Economic Survey Likely To Forecast 2020-21 GDP Growth At 6-6.5%: Report

An Economic Survey by Chief Economic Adviser Krishnamurthy Subramanian will be officially announced later in the day and the government will present its Union Budget on Saturday.

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Economic Survey Likely To Forecast 2020-21 GDP Growth At 6-6.5%: Report

Sensex Hovers at 41,000, Nifty Touches 12,100 Ahead of Economic Policy

he markets will keep an eye on the Economic Survey to be presented by Chief Economic Advisor (CEA) Krishnamurthy Subramanian in the afternoon, a day ahead of the Budget.

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Sensex Hovers at 41,000, Nifty Touches 12,100 Ahead of Economic Policy

IITian Arvind Krishna To Be New IBM CEO

IBM will likely continue its trajectory under Krishna, but may pursue more small acquisitions in the cloud and analytics space, said Tim Hubbard, assistant professor at the University of Notre Dame...

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IITian Arvind Krishna To Be New IBM CEO

Wipro Ceo Abidali Z Neemuchwala To Step Down, Board Starts Search For Successor

Neemuchwala, 52, will continue to hold the office of the CEO and Managing Director, until a successor is appointed for a smooth transition and to ensure that business continues as usual, the company...

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Markets Likely To Open Higher Ahead of Economic Survey

The Dow Jones reversed course towards the end of the session and rose 124 points to close at 28,859, the S&P 500 added 10 points to end at 3283 and Nasdaq Composite was up 23 points to close at 9298.

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Wipro Ceo Abidali Z Neemuchwala To Step Down, Board Starts Search For Successor

Markets Likely To Open Higher Ahead of Economic Survey

Sensex Closes 285 Points Lower Amid Broad-Based Selloff

Domestic stock markets moved lower on Thursday tracking weakness in Asian peers as worries about the economic impact from the coronavirus epidemic in China continued to weigh on sentiment. The S&P BSE...

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Bank Strike News: Bank Employee Unions Call Strike On January 31, February 1

UFBU is a confederation of nine bank unions that includes All India Bank Employees' Association (AIBEA), All India Bank Officers' Confederation (AIBOC), National Confederation of Bank Employees, All...

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Bank Strike News: Bank Employee Unions Call Strike On January 31, February 1

Opinion: Dividend Distribution Tax Rationalisation The Need Of The Hour

Shareholders falling lower tax brackets pay lesser taxes on dividend income, whereas those in higher tax brackets lead to more revenue for the tax department.

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Opinion: Dividend Distribution Tax Rationalisation The Need Of The Hour

Government To Mop Up Rs 2 Lakh Crore Through Tax Amnesty Scheme: Report

This amnesty scheme could mirror the Sabka Vishwas scheme which was targeted at customs and excise dispute resolution amnesty scheme in which the government has mopped up at least Rs 38,000 crore.

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Government To Mop Up Rs 2 Lakh Crore Through Tax Amnesty Scheme: Report

India's Gold Demand Fell 9% In 2019, But Set To Recover: WGC

"Looking ahead, 2020, we expect policy-led and industry-led initiatives to bring a marked shift in making the industry more transparent and organised," said Somasundaram PR, Managing Director, India,...

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Venture Capital Market In India Ended On A High Note In 2019: KPMG

"Consumer-focused technologies were a critical focus for VC investors in India; in addition to PayTM, online pharmacy company PharmEasy raised $220 million, while home furnishings company Urban Ladder...

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Opinion: PM Modi's Budget Won't Solve India's Economic Crisis

Virtually every industry, from banking and auto to real estate, power and telecom is in disarray. The fiscal space available to fight the slowdown is limited.

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India's Gold Demand Fell 9% In 2019, But Set To Recover: WGC

Venture Capital Market In India Ended On A High Note In 2019: KPMG

Opinion: PM Modi's Budget Won't Solve India's Economic Crisis

Wednesday, January 29, 2020

Sensex Plunges Over 300 Points As Selloff Across Sectors Deepens

Analysts say the markets are likely to remain volatile until the government presents the Budget on February 1, when it may unveil measures to lift growth.

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Sensex Plunges Over 300 Points As Selloff Across Sectors Deepens

Cooking Gas Prices May Rise Further As Oil Subsidies End By FY22: Report

Sources said that taking advantage of low oil prices, the government may give nod to state-run oil marketing companies to increase the price of subsidised LPG cylinder gradually so that entire subsidy...

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Cooking Gas Prices May Rise Further As Oil Subsidies End By FY22: Report

Sensex Falls 150 Points, Nifty Slips Below 12,100; RIL, Tata Steel Weak

Asian stocks slumped to a seven-week low and sovereign bonds rallied this morning amid mounting evidence that the coronavirus epidemic was spreading its tentacles across China and threatening to...

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Unfinished 'Wish Town' Near Delhi Tells Story Of Economy In Distress

A sprawling 1,063-acre property development located in Noida, just outside New Delhi, Wish Town was supposed to give would-be home buyers sparkling shopping malls, pristine golf courses and modern...

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Sensex Falls 150 Points, Nifty Slips Below 12,100; RIL, Tata Steel Weak

Unfinished 'Wish Town' Near Delhi Tells Story Of Economy In Distress

Markets Likely To Have A Negative Opening

Asian stocks slumped to a seven-week low and sovereign bonds rallied this morning amid mounting evidence that the coronavirus epidemic is disrupting the world's second largest economy. Federal Reserve...

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Markets Likely To Have A Negative Opening

When And Where To Watch LIVE Coverage Of Economic Survey

Economic Survey Where To Watch LIVE Coverage: The Economic Survey reviews the developments in the economy over the past financial year, highlights the policy initiatives of the government and economic...

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Sensex, Nifty Snap 2-Day Losing Streak As Investors Shift Focus To Budget

Budget 2020: All the 11 sector gauges, barring the Nifty Pharma index, ended higher led by the gauge of FMCG shares.

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Sensex, Nifty Snap 2-Day Losing Streak As Investors Shift Focus To Budget

Budget 2020: All the 11 sector gauges, barring the Nifty Pharma index, ended higher led by the gauge of FMCG shares.

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Sensex Up Over 350 Points As Markets On Way To Snap Two-Day Losing Streak

All the 11 sector gauges were trading higher led by the gauge of FMCG shares. The Nifty FMCG index rose 1.4 per cent.

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Sensex Up Over 350 Points As Markets On Way To Snap Two-Day Losing Streak

All the 11 sector gauges were trading higher led by the gauge of FMCG shares. The Nifty FMCG index rose 1.4 per cent.

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Opinion: Restoring Input Tax Credit Benefits To Help Bring Down Property Prices

How To Avail Income Tax Benefits Under National Pension Scheme

NPS offers two types of accounts: Tier 1 and Tier 2. While the Tier 1 NPS account is strictly a pension account which doesn't allow withdrawals, while the Tier 2 account - known as investment account...

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Opinion: Restoring Input Tax Credit Benefits To Help Bring Down Property Prices

How To Avail Income Tax Benefits Under National Pension Scheme

Air India Warns Of Fake Social Media Handles Offering Jobs

Air India has warned that unauthorized use of Air India's signage or trademark is an offence under the applicable laws.

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Air India Warns Of Fake Social Media Handles Offering Jobs

Air India has warned that unauthorized use of Air India's signage or trademark is an offence under the applicable laws.

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Tuesday, January 28, 2020

Rupee Edges Higher To 71.21 Against Dollar

Forex traders said rupee is trading in a narrow range amid amid fast-spreading coronavirus outbreak in China stoking fears about more trouble for the global economy.

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Sensex Soars 300 Points, Nifty Crosses 12,150 Amid Gains Across Sectors

Union Budget 2020: Analysts say the markets are likely to remain volatile until the government presents the Union Budget on February 1, when it may also unveil more measures to lift growth.

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Rupee Edges Higher To 71.21 Against Dollar

Sensex Soars 300 Points, Nifty Crosses 12,150 Amid Gains Across Sectors

Budget 2020: Roadbuilders' Shares Surge On Hopes Of Big Boost

The rally is being led by belief that Finance Minister Nirmala Sitharaman will need to do more to revive economic growth from the lowest since 2008.

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Budget 2020: Roadbuilders' Shares Surge On Hopes Of Big Boost

Sensex Rises Over 200 Points, Nifty Crosses 12,100 In Early Trade

Sensex, Nifty Likely To Open Higher Today

Mukesh Ambani's Reliance Industries To Use Plastic In Road Construction

India, which uses about 14 million tonnes of plastic annually, lacks an organised system for management of plastic waste, leading to widespread littering. New Delhi is the world's most polluted...

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Mukesh Ambani's Reliance Industries To Use Plastic In Road Construction

Budget 2020: How Sensex, Nifty Have Reacted To Budget Announcements In The Past

Analysts say the volatility in the markets especially on the Budget day cannot be ruled out as the government may unveil more measures to lift economic growth.

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Need Lower Licence Fee, Spectrum Usage Charges: Telecom Industry

Telecom providers in the country pay the Department of Telecommunications 3-5 per cent of their AGR in spectrum usage charges and 8 per cent as licence fees.

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Need Lower Licence Fee, Spectrum Usage Charges: Telecom Industry

Maruti Suzuki Profit Rises 5% To Rs 1,565 Crore In December Quarter

Maruti Suzuki, the country's largest car maker, on Tuesday reported that its net profit rose 5 per cent year-on-year to Rs 1,565 crore in quarter ended December 2019.

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Budget Needs To Move Educational Services To 0% GST Slab: Kara Learning

Educational services provider have called upon the Finance Minister to move educational services to 0 per cent goods and services tax (GST) slab from currently under the 'exempt' category of GST,

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Maruti Suzuki Profit Rises 5% To Rs 1,565 Crore In December Quarter

Budget Needs To Move Educational Services To 0% GST Slab: Kara Learning

Troubled Assets Relief Programme-Like Fund Likely For NBFCs: Report

A high level review meeting was held on Monday, chaired by Prime Minister Narendra Modi. A final decision will be taken on the matter.

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Troubled Assets Relief Programme-Like Fund Likely For NBFCs: Report

A high level review meeting was held on Monday, chaired by Prime Minister Narendra Modi. A final decision will be taken on the matter.

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Monday, January 27, 2020

Explainer: What Is Appropriation Bill?

The government introduces the Appropriation Bill in the Lok Sabha post the discussions on Budget proposals and Voting on Demand for Grants. The Appropriation Bill is first passed by Lok Sabha and then...

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Uniform LTCG Duration On Equity, Property, Gold Likely In Budget: Report

Budget 2020: Currently the duration of LTCG tax for equity is at one year, two years for property and three years for gold.

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Explainer: What Is Appropriation Bill?

Uniform LTCG Duration On Equity, Property, Gold Likely In Budget: Report

Budget 2020: Currently the duration of LTCG tax for equity is at one year, two years for property and three years for gold.

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Budget 2020: What Fiscal Deficit Is And Why It Is Important To Contain It

Budget 2020: Effective revenue deficit is defined as the difference between revenue deficit and grants for creation of capital assets.

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Budget 2020: What Fiscal Deficit Is And Why It Is Important To Contain It

Budget 2020: Effective revenue deficit is defined as the difference between revenue deficit and grants for creation of capital assets.

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HDFC Stock Spikes On 4-Fold Jump In Q3 Net Profit

At 10:30 am, the shares of HDFC were trading at Rs 2,448, higher by 53 points or 2.2 per cent. The stock opened at Rs 2,419 and has touched an intra-day high of Rs 2,470 and a low of Rs 2,409 thus...

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HDFC Stock Spikes On 4-Fold Jump In Q3 Net Profit

Budget 2020: Five Key People Working Behind The Scenes And Their Tasks

Mr Modi and his Finance Minister Nirmala Sitharaman have separately held meetings with dozens of economists, industry leaders and farmers' groups, among others, to hear views on measures needed to...

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Budget 2020: Five Key People Working Behind The Scenes And Their Tasks

Sensex Rises More Than 50 Points, Nifty Above 12,150 Amid Broad-Based Gains

In the overnight trade, US stocks had suffered their worst day in over three months amidst worries about the economic impact of containing the deadly coronavirus. The Dow Jones fell 453 points or 1.57...

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Sensex Rises More Than 50 Points, Nifty Above 12,150 Amid Broad-Based Gains

Markets Likely To Extend Losses On Weak Global Cues

In the overnight trade, US stocks suffered their worst day in over three months. The Dow Jones fell 453 points or 1.57 per cent to 28,535, the S&P 500 lost 51 points or 1.5 per cent to 3,243 and the...

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Markets Likely To Extend Losses On Weak Global Cues

Oil Drops Below $60 As China Virus Drives Demand Concern

Global stock exchanges also fell as investors grew increasingly anxious about the widening crisis. Demand spiked for safe-haven assets, such as the Japanese yen and Treasury notes.

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Sensex Slumps 458 points, Nifty Closes Below 12,150; Bank, Metal Stocks Weigh

Earlier in the day, the benchmarks opened lower tracking losses in other Asian peers as fears about the economic impact of China's spreading virus outbreak curbed risk appetite. Analysts expect Indian...

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Oil Drops Below $60 As China Virus Drives Demand Concern

January Palm Oil Imports From Malaysia Could Hit Nine-Year Low

Some traders had been hoping state-run trading firms could buy refined palm oil for the public distribution system by floating tenders, but this does not seem to have materialised. ...

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January Palm Oil Imports From Malaysia Could Hit Nine-Year Low

Sensex Slumps Over 400 Points As Markets Extend Losses Weighed By Banks

All the 11 sector gauges, barring the Nifty Pharma index, were trading lower led by the Nifty Metal index's nearly 3 per cent fall.

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Sensex Slumps Over 400 Points As Markets Extend Losses Weighed By Banks

All the 11 sector gauges, barring the Nifty Pharma index, were trading lower led by the Nifty Metal index's nearly 3 per cent fall.

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Budget Booster Likely For Capital Gains On Property, Equity: Report

If property is sold within 24 months, one has to pay a short term capital gains tax (STCG) on the gains as per an individual's income-tax slab.

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Budget Booster Likely For Capital Gains On Property, Equity: Report

If property is sold within 24 months, one has to pay a short term capital gains tax (STCG) on the gains as per an individual's income-tax slab.

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Successful Bidder Would Continue To Use Air India Brand: Civil Aviation Minister

The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment and has set March 17, as the deadline...

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Government Needs To Grant Industry Status To Real Estate Sector In Budget

The government in November last year announced Rs. 25,000-crore special window for stalled real estate projects, in a move aimed at reviving the ailing sector and generating employment.

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Successful Bidder Would Continue To Use Air India Brand: Civil Aviation Minister

Government Needs To Grant Industry Status To Real Estate Sector In Budget

Stocks, Oil Prices Skid As China Virus Fears Drive Investors To Safe Havens

"With most Asian markets closed, fast-money investors are buying risk-off hedges like Treasuries and selling the Nikkei," said Masahiko Loo, portfolio manager at Alliance Bernstein. ...

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Stocks, Oil Prices Skid As China Virus Fears Drive Investors To Safe Havens

Sunday, January 26, 2020

Air India Bidders Must Absorb $3.3 Billion Debt To Buy Carrier

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as...

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Air India Bidders Must Absorb $3.3 Billion Debt To Buy Carrier

Sensex Opens Below 41,500, Nifty Breaks 12,200 As Global Cues Weigh

At 9:20am, the BSE Sensex was trading at 41,427, weaker by 186 points or 0.4 per cent and the NSE Nifty was at 12,193, down 55 points or 0.4 per cent.

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Sensex Opens Below 41,500, Nifty Breaks 12,200 As Global Cues Weigh

Government Invites Bids For 100 Per Cent Stake Sale In Air India

A document inviting expressions of interest in Air India, released on Monday, said India would sell a 100% stake in the carrier, which operates both domestic and international routes.The document set...

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Markets Set To Open Lower On Weak Global Cues

Wall Street fell in a broad sell-off on Friday, as investors fled equities on growing concerns surrounding the coronavirus outbreak, capping the S&P 500's worst week in six months. The Dow Jones...

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Government Invites Bids For 100 Per Cent Stake Sale In Air India

Markets Set To Open Lower On Weak Global Cues

Budget 2020: Aviation Experts Seek Rationalisation Of Taxes On Aviation Turbine Fuel

Ankur Bhatia, Managing Director, Amadeus, Indian Subcontinent believes "the government should actively consider addressing the two concerns the aviation industry is currently grappling with. First, a...

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Budget 2020: Aviation Experts Seek Rationalisation Of Taxes On Aviation Turbine Fuel

Saturday, January 25, 2020

Oil India May Acquire 74% In BPCL's Numaligarh Refinery

According to official sources, while OIL may pick up close to 48 per cent stake, Assam has indicated that it will pick up the remaining to raise its stake to 26 per cent from 12.4 per cent. ...

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Oil India May Acquire 74% In BPCL's Numaligarh Refinery

Non-Life Insurers Can Offer Standard Health Policies Before April 1

In a circular dated April January 24, 2020, the insurance regulator said that insurers can offer the 'Arogya Sanjeevani Policy' - the standard health insurance policy before April 1, 2020.

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Non-Life Insurers Can Offer Standard Health Policies Before April 1

ICICI Bank's Net Profit Soars 158% to Rs 4,146 crore In December Quarter

The bank made Rs 2083.20 crore in provisions and contingencies, compared to Rs 4,244 crore in the year-ago quarter, which amounts to a decline of 51 per cent over. The recoveries, upgrades and other...

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ICICI Bank's Net Profit Soars 158% to Rs 4,146 crore In December Quarter

Friday, January 24, 2020

Sensex, Nifty Likely To Remain Volatile In Run Up To Budget, Say Analyst

In the first three trading sessions of the week, selloff in the markets deepened wherein the Sensex fell 830 points or 2 per cent.

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Government Faces First Fall In Direct Taxes In Two Decades: Report

A sharp decline in demand has stung businesses, forcing companies to cut investment and jobs, denting tax collections.

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Government Faces First Fall In Direct Taxes In Two Decades: Report

A sharp decline in demand has stung businesses, forcing companies to cut investment and jobs, denting tax collections.

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Sensex, Nifty Gain For Second Straight Day Led By Banks

Mid- and small-cap shares outperformed their larger peers as the Nifty Midcap 100 and Nifty Smallcap 100 indexes rose nearly 1 per cent each.

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Sensex, Nifty Gain For Second Straight Day Led By Banks

Mid- and small-cap shares outperformed their larger peers as the Nifty Midcap 100 and Nifty Smallcap 100 indexes rose nearly 1 per cent each.

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Budget 2020: LTCG Tax Break On Cards? Here's What Analysts Say

Sensex, Nifty Extend Gains; L&T, ICICI Bank Top Gainers

Analysts say the markets are likely to remain volatile until the government presents the Union Budget on February 1, when it may also unveil more measures to lift growth.

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Sensex, Nifty Extend Gains; L&T, ICICI Bank Top Gainers

Budget 2020: Paint Makers Seek Measures To Boost Demand

Instead of further tax rate cut, the paint makers have sought government to unveil measures to boost demand in the Union Budget.

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Budget 2020 Expected To Give A Boost To Investments, Savings: Brickwork

Thursday, January 23, 2020

Budget 2020: Paint Makers Seek Measures To Boost Demand

Instead of further tax rate cut, the paint makers have sought government to unveil measures to boost demand in the Union Budget.

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Budget 2020 Expected To Give A Boost To Investments, Savings: Brickwork

No Modification In Tata-Mistry Verdict As Top Court Stays Tribunal Order

The apex court said it would hear the matter along with the main plea filed by Tata Sons against NCLAT's verdict.

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No Modification In Tata-Mistry Verdict As Top Court Stays Tribunal Order

The apex court said it would hear the matter along with the main plea filed by Tata Sons against NCLAT's verdict.

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Sensex, Nifty Recover Early Losses Amid Volatile Trade

Sensex, Nifty LIVE Market Updates: Analysts say the markets are likely to remain volatile until the government presents the Union Budget on February 1, when it may also unveil more measures to lift...

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Sensex, Nifty Recover Early Losses Amid Volatile Trade

Sensex Falls Over 100 Points, Nifty Drops To 12,150

Budget 2020: Economy On Way To Recovery, Now Over To Nirmala Sitharaman

The dominant services index rose to the highest level in five months in December as improving new work orders helped boost activity.

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Sensex Falls Over 100 Points, Nifty Drops To 12,150

Sensex, Nifty Likely To Open Lower Today

On Thursday, the S&P BSE Sensex benchmark index had ended 271.02 points - or 0.66 per cent - higher at 41,386.40 and the broader NSE Nifty benchmark settled at 12,180.35, up 73.45 points - or 0.61 per...

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Budget 2020: Economy On Way To Recovery, Now Over To Nirmala Sitharaman

The dominant services index rose to the highest level in five months in December as improving new work orders helped boost activity.

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Sensex, Nifty Likely To Open Lower Today

Sensex, Nifty Snap Three-Day Losing Streak; L&T Surges After Q3 Earnings

Larsen & Toubro, Infosys, ICICI Bank, State Bank of India, Kotak Mahindra Bank and Axis Bank were among the top movers in the Sensex.

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HDFC Bank To Tap Egon Zehnder To Find Aditya Puri's Successor: Report

The board's decision to recruit a global head-hunting firm comes as a six-member internal search committee has not been able to reach a consensus on selecting a successor to Aditya Puri.

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HDFC Bank To Tap Egon Zehnder To Find Aditya Puri's Successor: Report

Ahead Of Budget 2020, What Common Man Can Expect In Personal Taxes

Every year, speculations on major income tax changes in Union Budget - potentially sending more money to the pockets of the common man - drive investment decisions for many individuals, say financial...

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Key Challenges For Finance Minister Ahead Of Union Budget

A PPF Account Can Earn You Rs 28 Lakh Tax Free. Here Is How

PPF accounts come under the EEE category of investments which implies that the investments, the income and the maturity amount are all tax-free.

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Ahead Of Budget 2020, What Common Man Can Expect In Personal Taxes

Key Challenges For Finance Minister Ahead Of Union Budget

A PPF Account Can Earn You Rs 28 Lakh Tax Free. Here Is How

PPF accounts come under the EEE category of investments which implies that the investments, the income and the maturity amount are all tax-free.

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Wednesday, January 22, 2020

RBI To Hold Rates On Inflation Concerns, Fiscal Boost Likely: Poll

The latest poll projected the central bank to extend that pause - keeping its repo rate on hold at 5.15 per cent at its February meeting and until at least October.

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RBI To Hold Rates On Inflation Concerns, Fiscal Boost Likely: Poll

Axis Bank Rises Over 3% After December Quarter Earnings

Axis Bank Share Price News: At 11:57 am, Axis Bank shares traded 1.40 per cent higher at Rs 722.75 apiece on the BSE, outperforming the benchmark Sensex index which was up 0.23 per cent.

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Axis Bank Rises Over 3% After December Quarter Earnings

Petrol, Diesel Rates Lowered By 16-20 Paise Per Litre In Metros

Petrol, Diesel Rate Today: Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on a daily basis and implement any changes at fuel stations...

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Petrol, Diesel Rates Lowered By 16-20 Paise Per Litre In Metros

Rupee Edges Lower Against US Dollar

Brent crude futures, the global oil benchmark, declined 1.36 per cent to $62.35 per barrel.

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Rupee Edges Lower Against US Dollar

Brent crude futures, the global oil benchmark, declined 1.36 per cent to $62.35 per barrel.

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Sensex Rises Over 200 Points, Nifty Firm Above 12,100: 10 Things To Know

Domestic stock markets rose on Thursday to break a three-day fall in which the benchmark indices declined 2 per cent. The S&P BSE Sensex rose as much as 261.97 points to touch 41,377.35 in morning...

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Sensex Rises Over 200 Points, Nifty Firm Above 12,100

Sensex Nifty

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Sensex, Nifty Flat In Early Trade

At 8:30 am, the SGX Nifty futures were flat at 12,140.00.

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Sensex, Nifty Flat In Early Trade

At 8:30 am, the SGX Nifty futures were flat at 12,140.00.

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Sensex, Nifty Likely To Open Flat Today

At 8:30 am, the SGX Nifty futures were flat at 12,140.00.

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Sensex, Nifty Likely To Open Flat Today

At 8:30 am, the SGX Nifty futures were flat at 12,140.00.

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India Ratings Expects GDP Growth Of 5.5% In 2020-21

"Although some improvement in FY21 is expected, these risks are going to persist. As a result, the Indian economy is stuck in a phase of low consumption as well as low investment demand," India...

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Utilities' Coal Imports Rise To Highest In Four Years

Imports by Adani's "Ultra mega" power plant in Mundra in Gujarat rose 75 per cent to 17.35 million tonnes, data from the Central Electricity Authority showed.

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Union Budget 2020 Date, When And Where To Watch Live Streaming Of Budget

Utilities' Coal Imports Rise To Highest In Four Years

Union Budget 2020 Date, When And Where To Watch Live Streaming Of Budget

Tuesday, January 21, 2020

Sensex, Nifty Struggle As Banking, Auto, Metal Shares Fall

Thirteen of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Power index's nearly 2 per cent gain.

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Sensex, Nifty Struggle As Banking, Auto, Metal Shares Fall

Thirteen of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Power index's nearly 2 per cent gain.

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Markets To Remain Open For Trade On Budget Day

The last such instance was in the year 2015, when then finance minister Arun Jaitley presented the Budget on a Saturday. The markets in India are usually shut for trading on Saturdays and Sundays, as...

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Markets To Remain Open For Trade On Budget Day

Uttar Pradesh Cabinet Gives Nod To 2020-21 Excise Policy

"The government has made a simple and transparent excise policy. Renewal of licences will be done through e-lottery. Under the new policy, one person will be allowed to have only two shops in the...

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Uttar Pradesh Cabinet Gives Nod To 2020-21 Excise Policy

Sensex Falls Over 300 Points From Day's High As Markets Erase Early Gains

Sensex, Nifty LIVE Market Updates: Losses in banking, auto and energy shares outweighed gains in information technology and pharmaceutical stocks.

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Vodafone Quits Facebook's Libra Cryptocurrency Project

Vodafone joins PayPal, Mastercard, Visa, Mercado Pago, eBay, Stripe and Booking Holdings in withdrawing from the controversial project -- and is the first company to exit the Libra Association that...

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Sensex Falls Over 300 Points From Day's High As Markets Erase Early Gains

Vodafone Quits Facebook's Libra Cryptocurrency Project

India's Painful Double Whammy Spreads to Other Economies, Including China

India, however, is not a victim of trade wars. Its slowdown is self-inflicted, caused by the evaporation of consumer demand, proliferation of bad loans and erosion in business confidence.

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India's Painful Double Whammy Spreads to Other Economies, Including China

Sensex Rises Over 200 Points, Nifty Crosses 12,200; Earnings In Focus

Sensex, Nifty LIVE Updates: At 9:25 am, the Sensex traded 151.71 points - or 0.37 per cent - higher at 41,475.52 while the Nifty was up 41.55 points - or 0.34 per cent - at 12,211.40.

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Sensex Rises Over 200 Points, Nifty Crosses 12,200; Earnings In Focus

Sensex, Nifty Likely To Open Higher Today; Earnings In Focus

Sensex, Nifty LIVE Updates: At 8:30 am, the SGX Nifty futures were up 36.00 points - or 0.30 per cent - at 12,227.00.

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Budget: Investors' 5-Point Wish-List For Nirmala Sitharaman

With the economy facing its worst growth, investment and jobs crisis in more than a decade, Finance Minister Nirmala Sitharaman needs to offer support for individuals and businesses.

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Sensex, Nifty Likely To Open Higher Today; Earnings In Focus

Sensex, Nifty LIVE Updates: At 8:30 am, the SGX Nifty futures were up 36.00 points - or 0.30 per cent - at 12,227.00.

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Budget: Investors' 5-Point Wish-List For Nirmala Sitharaman

Not Going To Operate All-Economy Aircraft Under A Sub-Brand: Vistara CEO

At present, there are 39 aircraft in Vistara's fleet comprising 19 A320neo aircraft, 13 A320ceo aircraft and seven Boeing B737-800NG aircraft.

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Government Considering Lifting Ban On Onion Exports: Report

In September 2019, the government banned export of onions to increase availability of the commodity in the domestic market and contain rising prices.

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Not Going To Operate All-Economy Aircraft Under A Sub-Brand: Vistara CEO

At present, there are 39 aircraft in Vistara's fleet comprising 19 A320neo aircraft, 13 A320ceo aircraft and seven Boeing B737-800NG aircraft.

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Finance Ministry May Push For Rs 30,000 Crore Dividend From RBI: Report

In the past RBI has paid a total Rs 38,000 crore as interim dividend (Rs 28,000 crore in FY19 and Rs 10,000 crore in FY18).

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Finance Ministry May Push For Rs 30,000 Crore Dividend From RBI: Report

In the past RBI has paid a total Rs 38,000 crore as interim dividend (Rs 28,000 crore in FY19 and Rs 10,000 crore in FY18).

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Sensex, Nifty Decline For Second Day After IMF Cuts India's Growth Target

International Monetary Fund (IMF) on Monday lowered growth estimate for India to 4.8 per cent for financial year 2019-20, citing stress in the non-bank financial sector

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Sensex, Nifty Decline For Second Day After IMF Cuts India's Growth Target

What Economists Want From Finance Minister To Kickstart Consumption

Mr Abheek Barua, Chief Economist, HDFC Bank, said in a report that the upcoming budget is unlikely to mark a departure from past budgets. There may not be any major fiscal stimulus to ramp up growth...

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What Economists Want From Finance Minister To Kickstart Consumption

Monday, January 20, 2020

Government To Decriminalise Income Tax, Money Laundering Acts

The assurance of rationalising penalty provisions in Income Tax Act comes just over a week before she presents the union budget.

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Government To Decriminalise Income Tax, Money Laundering Acts

The assurance of rationalising penalty provisions in Income Tax Act comes just over a week before she presents the union budget.

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Zomato Acquires Uber Eats India For Nearly Rs 2,500 Crore

Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective from Tuesday.

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ICICI Bank Launches Cardless Withdrawal Facility Through App iMobile

The facility will enable a "safe and secure" more of withdrawing cash from an account using mobile app iMobile, according to ICICI Bank.

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Zomato Acquires Uber Eats India For Nearly Rs 2,500 Crore

ICICI Bank Launches Cardless Withdrawal Facility Through App iMobile

The facility will enable a "safe and secure" more of withdrawing cash from an account using mobile app iMobile, according to ICICI Bank.

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Telecom Firms Seek New Schedule For Clearing Rs 1.5 Lakh Crore Dues

The telecom companies said they wanted an open-court hearing on their fresh pleas with regard to working out fresh schedule of payment of their dues.

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Telecom Firms Seek New Schedule For Clearing Rs 1.5 Lakh Crore Dues

Budget: Here's How "Winners" From Last Year's Fiscal Plan Fared

Things haven't gone according to plan though, largely because of a worsening slowdown in the economy, which has put pressure on government revenue and the fiscal deficit.

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Budget: Here's How "Winners" From Last Year's Fiscal Plan Fared

Sensex, Nifty Fall In Early Trade After IMF Trims Forecasts

Zee Entertainment, Axis Bank, Larsen & Toubro, Bank of Baroda, JSW Steel and ICICI Bank will report their earnings for the October-December period this week.

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Sensex, Nifty Fall In Early Trade After IMF Trims Forecasts

Sensex, Nifty Likely To Open Lower Today

On Monday, the S&P BSE Sensex index had ended 416.46 points - or 0.99 per cent - lower at 41,528.91 and the broader NSE Nifty benchmark settled at 12,224.55, down 127.80 points - or 1.03 per cent -...

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Sensex, Nifty Likely To Open Lower Today

Kotak Mahindra Bank Profit Up 24% At Rs 1,596 Crore In December Quarter

Kotak Mahindra Bank's core income or the net interest income, the difference between interest earned and interest expended, came in at Rs 3,429.53 crore.

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Sensex Falls 350 Points As Markets Retreat From Record Highs

Domestic stock markets erased intraday gains on Monday with benchmark indices moving away from all-time highs registered earlier during the session. In afternoon deals, the S&P BSE Sensex fell as much...

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HDFC Bank Slips On Rise In Bad Loans

Post market hours on Friday, HDFC Bank reported a stellar 32.8 per cent increase in its net profit for the quarter ended December 31, 2019. The private lender posted a consolidated net profit of Rs...

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Samsung Display Says It Is Considering Building Factory In India: Report

The new display plant will help Samsung Electronics secure local supplies of one of the most expensive parts of a smartphone.

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Sensex Falls 350 Points As Markets Retreat From Record Highs

HDFC Bank Slips On Rise In Bad Loans

Samsung Display Says It Is Considering Building Factory In India: Report

The new display plant will help Samsung Electronics secure local supplies of one of the most expensive parts of a smartphone.

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Sunday, January 19, 2020

TCS Weakens On Muted Q3 Numbers

Post market hours on Friday, the country's largest software services company reported net profit of Rs 8,118 crore in the quarter ended December 2019, marking an increase of 0.9 per cent from profit...

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Budget 2020 Printing Process Begins With Customary Halwa Ceremony

The customary Halwa ceremony, which marks the process of printing documents for the Budget, will be hosted by the Finance Ministry on January 20, ahead of the presentation of the Union Budget on...

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TCS Weakens On Muted Q3 Numbers

Budget 2020 Printing Process Begins With Customary Halwa Ceremony

Reliance Industries Stock Dips Post Record Q3 Numbers

The net profit of Reliance Jio Infocomm, the telecom arm of Reliance Industries, rose 62 per cent to Rs 1,350 crore in December quarter, Reliance Industries said. Reliance Jio's revenue rose 28 per...

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Opinion: Does Super-Rich Taxation Require A Revisit?

While tax rates in India are not the highest, countries such as Japan, Denmark, Germany and Sweden have even higher tax rates.

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Opinion: Revision In Tax Slabs, Section 80C Limit On Common Man's Wish-List

The present tax regime has adversely impacted the individuals having income from a let-out property due to a rise in the housing cost and interest on home loan.

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Reliance Industries Stock Dips Post Record Q3 Numbers

Opinion: Does Super-Rich Taxation Require A Revisit?

While tax rates in India are not the highest, countries such as Japan, Denmark, Germany and Sweden have even higher tax rates.

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Opinion: Revision In Tax Slabs, Section 80C Limit On Common Man's Wish-List

Sensex, Nifty Rise To Record Highs In Early Trade

Analysts will closely monitor large cap earnings for market direction in the near term amid optimism about major reforms in the run up to Budget. Kotak Mahindra Bank, Zee Entertainment, Asian Paints,...

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Sensex, Nifty Rise To Record Highs In Early Trade

Petrol, Diesel Rates Cut For Fifth Day In A Row

Petrol, Diesel Rates Today: Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on a daily basis and implement any changes at fuel stations...

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Sensex, Nifty Likely To Open Higher Today

Petrol, Diesel Rates Cut For Fifth Day In A Row

Sensex, Nifty Likely To Open Higher Today

At 8:30 am, the SGX Nifty futures were up 15.50 points - or 0.13 per cent - at 12,398.00.

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Government-Run Small Savings Schemes Offer These Returns In March Quarter

Small Savings Scheme Interest Rates: The government reviews the interest rates on small savings schemes such as PPF on a quarterly basis at present. Among other small savings schemes available today,...

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Government-Run Small Savings Schemes Offer These Returns In March Quarter

Oil Ministry To Take Cabinet Nod On Gas Sector Reforms: Report

The government feels that lower price of fuel under CGD projects would allow bigger ashift of people to cleaner fuel.

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Oil Ministry To Take Cabinet Nod On Gas Sector Reforms: Report

The government feels that lower price of fuel under CGD projects would allow bigger ashift of people to cleaner fuel.

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Opinion: Expect Alignment Of Income-tax Act With Task Force Recommendations

In order to curb litigations, one of the suggestions of the task force was to introduce the concept of mediation under the Income Tax Act.

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Opinion: Expect Alignment Of Income-tax Act With Task Force Recommendations

In order to curb litigations, one of the suggestions of the task force was to introduce the concept of mediation under the Income Tax Act.

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Minimum Regulatory Intervention To Ensure Smooth Operation: COAI

Recently, the telecom regulator released a consultation paper on floor rate for data service of the operators.

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Corporate Earnings, Budget Expectations To Drive Markets: Analysts

Market participants expect measures to boost consumer sentiments via budgetary announcements on enhanced state funding for mega infrastructure projects and other sops to reverse the de-growth cycle.

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Minimum Regulatory Intervention To Ensure Smooth Operation: COAI

Recently, the telecom regulator released a consultation paper on floor rate for data service of the operators.

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Corporate Earnings, Budget Expectations To Drive Markets: Analysts

Rs 2 Lakh Limit On Deduction Against Home Loan Interest Not Enough: CII

Airtel Launches Rs 179 Prepaid Pack With Rs 2 Lakh Insurance Cover

Bharti Airtel Rs 179 Pack With Rs 2 Lakh Insurance Cover: The Rs 179 pack is designed to serve entry-level smartphone users and feature phone users in semi-urban and rural markets, Bharti Airtel said.

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Airtel Launches Rs 179 Prepaid Pack With Rs 2 Lakh Insurance Cover

Petrol, Diesel Prices Cut For Fourth Straight Day

Saturday, January 18, 2020

Davos Diplomacy Likely Between India, Malaysia To Defuse Palm Row

India has repeatedly objected to Malaysian Prime Minister Mahathir Mohamad speaking out against its recent policies which critics say discriminate against Muslims. Malaysia, a Muslim-majority nation,...

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Davos Diplomacy Likely Between India, Malaysia To Defuse Palm Row

Amid NBFC Crisis, State Bank Reminds RBI Of Its Role As Lender Of Last Resort

The NBFC sector has been in turmoil since 2018 after the collapse of infrastructure lender IL&FS. Asked several times, the RBI has refused to play its role as the lender of last resort, terming the...

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Amid NBFC Crisis, State Bank Reminds RBI Of Its Role As Lender Of Last Resort

HDFC Bank Posts Profit Of Rs 7,416.5 crore In December Quarter

HDFC Bank, the country's biggest lender by market value, reported a 32.8 per cent rise in consolidated net profit at Rs 7,416.4 crore in the third quarter ended December, 2019.

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HDFC Bank Posts Profit Of Rs 7,416.5 crore In December Quarter

All You Need To Know About Halwa Ceremony Ahead Of Budget

After the ceremony, the employees who are a part of the budget-making process move to the basement of North Block for around 10 days. They will only emerge once the Finance Minister presents the...

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All You Need To Know About Halwa Ceremony Ahead Of Budget

Friday, January 17, 2020

Piramal Enterprises Divests DRG Business For $950 Million

"Piramal Enterprises Limited today announced that PEL DRG Dutch HoldCo BV, a 100 per cent subsidiary of PEL and the holding company for DRG... has signed a definitive agreement for the sale of DRG to...

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Piramal Enterprises Divests DRG Business For $950 Million

Sensex, Nifty End Flat; RIL Gains, TCS Falls Ahead Of Earnings

Six of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Bank index's 0.8 per cent fall.

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China's Great Wall Agrees To Buy General Motors' India Plant: Report

Great Wall, one of the biggest sellers of sports-utility vehicles (SUV) in China, is expected to pay about $250 million to $300 million to acquire the plant

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European Union Warns Of WTO Challenge If China-US Deal Creates ''Distortions''

In our opinion, quantitative targets are not WTO-compatible if they lead to trade distortions," Mr Chapuis said. "If it were to be the case, we will go to the WTO to settle this matter." ...

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China's Great Wall Agrees To Buy General Motors' India Plant: Report

European Union Warns Of WTO Challenge If China-US Deal Creates ''Distortions''

Thursday, January 16, 2020

Vodafone Idea's Shares Dive A Record Amount Over $4 Billion Payout

Local wireless operators including Vodafone Idea and Bharti Airtelsuffered a blow Thursday, when the nation's Supreme Court rejected their appeal against an October verdict, requiring them to pay as...

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Vodafone Idea's Shares Dive A Record Amount Over $4 Billion Payout

India Treats All Trade Partners Equally: Piyush Goyal

Replying to a question during a panel discussion at the event, he said that India has not put any curbs on imports from either Malaysia or Turkey - which have been critical of the Modi government's...

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India Treats All Trade Partners Equally: Piyush Goyal

December Results Thus Far: No Relief In Sight For Auto Companies

Prasad Koparkar, Senior Director, CRISIL Research says, "Pain in automobiles continues owing to demand slowdown. Aggregate revenue of listed automobile players is estimated to have dropped 9-10% in...

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December Results Thus Far: No Relief In Sight For Auto Companies

Bharti Airtel Gains, Vodafone Idea Down Nosedives After Supreme Court Rejects AGR Plea

It may be recollected that the telecom department claimed dues of around Rs 92,000 crore as license fee and Rs 41,000 crore as spectrum usage fee from Bharti Airtel, Vodafone Idea and Reliance...

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Bharti Airtel Gains, Vodafone Idea Down Nosedives After Supreme Court Rejects AGR Plea

Sensex, Nifty Flat As Markets Subdued In Early Trade; Reliance Industries Gains 1% Ahead of Q3 Results

Asian shares inched higher on Friday; MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.19% and Japan's Nikkei added 0.55%. But investors will be closely watching key Chinese...

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Markets Have A Subdued Opening; RIL, TCS To Announce Q3 Numbers Today

Jet Airways To Sell Netherlands Business To Dutch Airline

Jet Airways did not detail the assets held in Netherlands. Once India's biggest private carrier, Jet stopped flying in April last year after running out of cash, leaving thousands without jobs and...

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Opinion: More Than 300 Items May See Customs Duty Hike In Budget

On footwear and related products, the Ministry has suggested an increase in duty to 35 per cent from the current 25 per cent while for new pneumatic tyres of rubber, it has proposed to hike customs...

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ED Summons Air Asia CEO Fernandes, Executives In Money Laundering Case

The officials said while Mr Fernandes has been summoned on January 20, a few others from the airline's current and past management have also been asked to depose before it for questioning in the...

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Markets Likely To Have A Muted Opening

Jet Airways To Sell Netherlands Business To Dutch Airline

Opinion: More Than 300 Items May See Customs Duty Hike In Budget

ED Summons Air Asia CEO Fernandes, Executives In Money Laundering Case

Markets Likely To Have A Muted Opening

"Not Doing Favour To India": Piyush Goyal On Amazon $1 Billion Commitment

US-based e-commerce giant Amazon has committed $5.5 billion in India investments and sees the country as a key growth market.

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Sensex, Nifty End Flat After Hitting Record Highs

Fourteen of 19 sector gauges compiled by BSE ended higher led by the S&P BSE Consumer Durables index's 0.65 per cent gain.

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Review Exemption Of Import Duty For Indian Defence Forces, Says CII

Industry body Confederation of Indian Industries (CII) has demanded that the government should review exemption of import duty granted to defence forces and Ministry of Defence for direct imports of...

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Sensex, Nifty End Flat After Hitting Record Highs

Fourteen of 19 sector gauges compiled by BSE ended higher led by the S&P BSE Consumer Durables index's 0.65 per cent gain.

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Review Exemption Of Import Duty For Indian Defence Forces, Says CII

Ex-Finance Ministry Official Questions Fiscal Deficit Numbers

Subhash Chandra Garg, a former finance ministry official who worked on the current fiscal year's budget targets, sees the real shortfall -- which includes on- and off-budget borrowings -- widening to...

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Ex-Finance Ministry Official Questions Fiscal Deficit Numbers

Wednesday, January 15, 2020

Industry Body Calls For GST Cut On Active Pharmaceutical Ingredients

Pharma formulations attract GST of 12 per cent whereas inputs active pharmaceutical ingredients (API) have GST of 18 per cent which has led to accumulation of Input tax Credit.

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How China Tariffs On US Commodities Stand After Phase 1 Trade Deal

A senior Trump administration official confirmed on Wednesday that China will need to issue waivers or adjustments to tariffs to meet its buying commitments.

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Industry Body Calls For GST Cut On Active Pharmaceutical Ingredients

How China Tariffs On US Commodities Stand After Phase 1 Trade Deal

Markets Erase Gains After Touching Record High As Metal Stocks Lose Sheen

The S&P BSE Sensex index had crossed the 42,000 mark for the first time, buoyed by the fact that US and China signed the first phase of a trade deal. The BSE benchmark index rose as much as 186.72...

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Markets Erase Gains After Touching Record High As Metal Stocks Lose Sheen

Rupee Edges Higher To 70.75 Against US Dollar

The US on Wednesday signed the first phase of a trade deal with China, which President Donald Trump described as historic, concluding more than a year of tough negotiations between the two largest...

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Rupee Edges Higher To 70.75 Against US Dollar

Sensex Crosses 42,000 For First Time Ever As Markets Touch All-Time Highs

Domestic stock markets rose to all-time highs on Thursday tracking mild gains in Asian peers a day after the US and China signed the first phase of a trade deal. The S&P BSE Sensex index rose as much...

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Sensex, Nifty Edge Higher To All-Time Highs In Early Trade

At 8:30 am, the SGX Nifty futures were down 5.00 points - or 0.04 per cent - at 12,354.50.

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Bank Staff Unions Call Strike After Wage Revision Talks Fail

Bank Strike Dates: The All India Bank Employees Association said that UFBU has called for a two-day strike starting January 31 and a three-day strike starting March 11.

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Bank Staff Unions Call Strike After Wage Revision Talks Fail

Wall Street Clocks Record Closing High After US-China Sign Trade Truce

The centrepiece of the truce is a pledge by China to purchase at least an additional $200 billion worth of US farm products and other goods and services over two years, over a baseline of $186 billion...

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Sensex, Nifty Likely To Open Flat Today

At 8:30 am, the SGX Nifty futures were down 5.00 points - or 0.04 per cent - at 12,354.50.

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Wall Street Clocks Record Closing High After US-China Sign Trade Truce

Sensex, Nifty Likely To Open Flat Today

At 8:30 am, the SGX Nifty futures were down 5.00 points - or 0.04 per cent - at 12,354.50.

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Exports Decline For Fifth Month In A Row, Drop Nearly 2% In December

Imports too declined by 8.83 per cent $38.61 billion, bringing down the trade deficit to $11.25 billion during the month under review.

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Rupee Rises 5 Paise Against Dollar On Easing Crude Prices

The rupee's gains were, however, remained restricted as investors turned a bit cautious ahead of the signing of phase 1 trade agreement between the US and China.

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Exports Decline For Fifth Month In A Row, Drop Nearly 2% In December

Imports too declined by 8.83 per cent $38.61 billion, bringing down the trade deficit to $11.25 billion during the month under review.

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Bank Unions Call Nationwide Strike On January 31, February 1

Bank Strike Dates: The United Forum of Bank Unions (UFBU), which represents nine trade unions, said it will also hold a three-day strike from March 11-13.

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Bharti Airtel Raises Funds To Meet Adjusted Gross Revenue Dues

As many as 32.35 crore equity shares are being allotted to eligible buyers, as part of the QIP, the company said in a regulatory filing.

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Bank Unions Call Nationwide Strike On January 31, February 1

Bharti Airtel Raises Funds To Meet Adjusted Gross Revenue Dues

As many as 32.35 crore equity shares are being allotted to eligible buyers, as part of the QIP, the company said in a regulatory filing.

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Government Plans New Law To Protect Foreign Investment: Report

India is entangled in more than 20 such overseas arbitration cases - the most against any country - brought by companies including Vodafone, Deutsche Telekom and Nissan Motor Co for disputes over...

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Government Plans New Law To Protect Foreign Investment: Report

Sensex, Nifty Snap Two-Day Record-Breaking Streak Weighed Down By Banks

Five of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Private Bank index's 0.85 per cent fall.

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Sensex, Nifty Snap Two-Day Record-Breaking Streak Weighed Down By Banks

Five of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Private Bank index's 0.85 per cent fall.

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Tuesday, January 14, 2020

Amazon To Invest $1 Billion In India, Says CEO Jeff Bezos

Amazon chief executive officer Jeff Bezos said on Wednesday that his company is going to invest $1 billion in India, for digitising small and medium businesses in the country.

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Amazon To Invest $1 Billion In India, Says CEO Jeff Bezos

From 2014 To 2020, Stark Difference As Jeff Bezos Begins India Visit

India's e-commerce market is projected to grow to $150 billion by 2022, according to a 2018 report by software industry group Nasscom and consulting firm PwC India. Competition for this rapidly...

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From GDP Expansion To Demand: Key Challenges Facing India Ahead Of Budget

From 2014 To 2020, Stark Difference As Jeff Bezos Begins India Visit

From GDP Expansion To Demand: Key Challenges Facing India Ahead Of Budget

Sensex Falls Over 150 Points, Nifty Near 12,300; Wipro Shares Drop 3%

Domestic stock markets receded from record highs in early trade on Wednesday amid weakness in Asian peers, where investors awaited the signing of an initial US-China trade deal. The S&P BSE Sensex...

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Here's How Much You Pay For Petrol, Diesel In Your City Today

Petrol, Diesel Prices In Metros: In Delhi, the price of petrol stood at Rs 75.70 per litre and diesel at Rs 69.06 per litre on January 15 - the same levels as the previous day, according to Indian Oil...

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Sensex Falls Over 150 Points, Nifty Near 12,300; Wipro Shares Drop 3%

Here's How Much You Pay For Petrol, Diesel In Your City Today

Sensex, Nifty Likely To Open Lower Today; Wipro Shares In Focus

The S&P BSE Sensex and NSE Nifty benchmark indices registered new record closing highs on Tuesday. The Sensex ended 92.94 points - or 0.22 per cent - higher at 41,952.63 and the Nifty settled at...

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Sensex, Nifty Likely To Open Lower Today; Wipro Shares In Focus

Sensex, Nifty Scale New Highs For Second Straight Session

For most part of the day, benchmarks traded on a flat note but staged an up move in the last hour of trade led by buying interest in FMCG, metal and information technology shares.

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Sensex, Nifty Hit New Record Highs Amid Volatile Trade: 10 Things To Know

Domestic stock markets recovered early weakness to new all-time highs in late afternoon deals on Tuesday, tracking gains in global peers where equities registered record levels on optimism on the...

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Sensex, Nifty Hit New Record Highs Amid Volatile Trade: 10 Things To Know

RBI Imposes Rs 35,000 Withdrawal Limit On Account Holders Of This Bank

The Reserve Bank of India has imposed withdrawal limit of Rs 35,000 for savings, current or any other deposit account holder of the Bengaluru-based Sri Guru Raghavendra Sahakara Bank.

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RBI Imposes Rs 35,000 Withdrawal Limit On Account Holders Of This Bank

FMCG Veteran Rajeev Bakshi Joins Ola's Food Business

Mr Bakshi was recently managing director of METRO Cash & Carry India and previously worked with PepsiCo and Cadbury.

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FMCG Veteran Rajeev Bakshi Joins Ola's Food Business

Mr Bakshi was recently managing director of METRO Cash & Carry India and previously worked with PepsiCo and Cadbury.

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