Success Is Yours: February 2020

Saturday, February 29, 2020

Maruti Suzuki Sales Down Nearly 4% In February

Maruti Suzuki India said it sold 134,150 vehicles in the domestic market in February 2020.

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Maruti Suzuki Sales Down Nearly 4% In February

Maruti Suzuki India said it sold 134,150 vehicles in the domestic market in February 2020.

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Non-Subsidised LPG Price Cut By More Than Rs 50 Per Cylinder In Metros

Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. The consumer has to make any additional purchases at the market price.

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Non-Subsidised LPG Price Cut By More Than Rs 50 Per Cylinder In Metros

Reliance Industries picks 37.7% stake in Alok Industries

In an exchange filing, RIL said that in accordance with the approved resolution plan, Alok Industries has on Saturday allotted 83,33,33,333 equity shares of Re 1 each at a premium of Rs 2 per equity...

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Reliance Industries picks 37.7% stake in Alok Industries

Friday, February 28, 2020

Bharti Airtel Pays An Additional Rs 8,004 Crore To The Government Towards AGR Dues

Among the other telecom firms, Vodafone Idea is staring at dues worth Rs 53,000 crore, which includes up to Rs 24,729 crore of spectrum dues and another Rs 28,309 crore in licence fee. Tata...

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Bharti Airtel Pays An Additional Rs 8,004 Crore To The Government Towards AGR Dues

Nirmala Sitharaman Sees 4.7% GDP Growth As 'Steadiness' In Economy

On the impact of coronavirus on the economy, Ms Sitharaman sought to allay any fears saying there is no need to immediately press the "panic button", but things could get challenging if the issues...

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Sebi Chairman Ajay Tyagi To Get Six-Month Extension

Economic Affairs Secretary Atanu Chakraborty, Corporate Affairs Secretary Injeti Srinivas, Additional Secretary, Finance, Pravin Garg and Sebi whole-time member Madhabi Puri Buch were the key names in...

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Nirmala Sitharaman Sees 4.7% GDP Growth As 'Steadiness' In Economy

Sebi Chairman Ajay Tyagi To Get Six-Month Extension

Mukesh Ambani Named World's Ninth Richest, With 2 Others

Mr Ambani is restructuring Reliance Industries to facilitate the planned strategic investments in group businesses - Reliance Jio, Reliance Retail, refining and petrochemicals. The conglomerate aims...

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Mukesh Ambani Named World's Ninth Richest, With 2 Others

Coronavirus May Impact Growth Further, Say Economists

The read-out for the final quarter of 2019 matched the forecast of analysts in a Reuters poll, but was below a revised - and greatly increased - 5.1 per cent growth rate for the previous quarter.

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GDP Growth At 4.7% In October-December

The Finance Minister has consistently said that the fundamentals of the economy remain strong, and that she's not closing the door on additional steps to support it.

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GDP Growth At 4.7% In October-December

Sensex Plunges 1,400 Points, Nifty At 11,200 as Coronavirus Rattles Markets

At 3:00 pm, the Sensex was at 38,320, lower by 1,419 points - or 3.5 per cent - and the Nifty was at 11,205, down 430 points - or 3.7 per cent. All the sectoral indices on the National Stock Exchange...

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Sensex Plunges 1,400 Points, Nifty At 11,200 as Coronavirus Rattles Markets

No Chinese Parts In Jio 4G, 5G Networks: Mukesh Ambani To Donald Trump

The Trump administration has been persuading India to keep China's Huawei out of the India's 5G deployments. But the Indian government has allowed Huawei and ZTE to participate in 5G trials.

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No Chinese Parts In Jio 4G, 5G Networks: Mukesh Ambani To Donald Trump

Government Measures To Boost Economic Growth: SBI's Dinesh Khara

SBI managing director Dinesh Khara said the country requires an economic growth rate of 10-11 per cent in order to achieve the $5-trillion target.

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Wipro Consumer Venture Picks Up Stake In Grooming Startup LetsShave

"LetsShave offers high-quality products and is a challenger brand in a space dominated by a single large player. They are a promising team and have the ability to understand consumer requirements,...

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Government Measures To Boost Economic Growth: SBI's Dinesh Khara

Wipro Consumer Venture Picks Up Stake In Grooming Startup LetsShave

Thursday, February 27, 2020

Gold Extends Gains To Second Day as World Markets Brace For Coronavirus

Gold jewellery prices vary in different parts of India due to factors such as excise duty, state taxes and making charges.

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Gold Extends Gains To Second Day as World Markets Brace For Coronavirus

Gold jewellery prices vary in different parts of India due to factors such as excise duty, state taxes and making charges.

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Sensex, Nifty Plunge In Early Trade Tracking Global Markets

Reliance Industries, HDFC Bank and Infosys were the biggest drags on the Sensex, together accounting for a fall of more than 300 points in the index.

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World Prepares For Coronavirus Pandemic; Global Recession Forecast

US intelligence agencies are monitoring the spread of coronavirus, including in Iran and India, sources familiar with the matter said.

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Global Share Markets Set For Worst Week Since 2008 Amid Coronavirus Fears

Asian stocks tracked another overnight plunge in Wall Street's benchmarks on Friday with the markets in China, Japan and South Korea all posting heavy losses.

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Sensex, Nifty Plunge In Early Trade Tracking Global Markets

World Prepares For Coronavirus Pandemic; Global Recession Forecast

US intelligence agencies are monitoring the spread of coronavirus, including in Iran and India, sources familiar with the matter said.

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Global Share Markets Set For Worst Week Since 2008 Amid Coronavirus Fears

Sensex, Nifty Likely To Open Lower Today; GDP Data In Focus

At 8:44 am, the SGX Nifty futures were down 233.00 points - or 2.01 per cent - at 11,376.00.

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Sensex, Nifty Likely To Open Lower Today; GDP Data In Focus

At 8:44 am, the SGX Nifty futures were down 233.00 points - or 2.01 per cent - at 11,376.00.

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Green Shoots Visible In Economy? GDP Data At 5:30 PM Today

Official data on GDP or gross domestic product for the third quarter of current financial year will be released at 5:30 pm today. Many economists expect the annual GDP growth to pick up to 4.7 per...

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Green Shoots Visible In Economy? GDP Data At 5:30 PM Today

Keen On Separate Fund For Private Sector Employees: Pension Regulator

"We are looking forward to a separate trust for only private sector pension funds. There is a suggestion in the amendment that we have proposed that there can be more than one trust also. It may be so...

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Steadily Moving Towards Less Regressive Tax System: Nirmala Sitharaman

The Finance Minister, who was accompanied by Finance Secretary Rajeev Kumar, DEA Secretary Atanu Chakraborty, Revenue Secretary A.B. Pandey and SBI Chairman Rajnish Kumar, said that it was a part of...

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Steadily Moving Towards Less Regressive Tax System: Nirmala Sitharaman

Sensex Down 100 Points, Nifty Hovers at 11,600 as Markets Trim Losses

At 3:00 pm, the S&P BSE Sensex was quoting at 39,760, lower by 130 points or 0.3 per cent and the NSE Nifty was at 11,631, down 46 points or 0.3 per cent.

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Sensex Down 100 Points, Nifty Hovers at 11,600 as Markets Trim Losses

US Hedge Fund Asks Zee's Subhash Chandra To Exit One of His Firms: Report

Subhash Chandra and his group owned about 57 per cent of the education firm's shares as of the end of December, most of which are pledged, according to data from BSE Ltd.

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US Hedge Fund Asks Zee's Subhash Chandra To Exit One of His Firms: Report

Axis Bank Appoints Puneet Sharma As CFO

Prior to joining Axis Bank, Puneet Sharma spent 12 years at Tata Capital as a senior management functionary and was the group chief financial officer since 2014.

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Axis Bank Appoints Puneet Sharma As CFO

Wednesday, February 26, 2020

Infosys CEO Salil Parekh Gets Rs 3.25 Crore In Stock Incentives

Further, under the Expanded Stock Ownership Program 2019, six key management professionals will receive 1,69,000 performance stock units (PSU) and around 411 eligible employees will get 17,76,500...

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Petrol, Diesel Prices Cut Marginally After Three Days Of Pause

Currently, petrol and diesel prices are reviewed by oil marketing companies - such as Indian Oil - on a daily basis, to bring them in line with international crude oil rates.Any changes in the fuel...

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Infosys CEO Salil Parekh Gets Rs 3.25 Crore In Stock Incentives

Petrol, Diesel Prices Cut Marginally After Three Days Of Pause

Gold Futures Regain Rs 42,800 Mark Amid Coronavirus Fears

Gold Rate Today: Gold prices vary in different parts of India due to factors such as excise duty, state taxes and making charges.

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Gold Futures Regain Rs 42,800 Mark Amid Coronavirus Fears

Gold Rate Today: Gold prices vary in different parts of India due to factors such as excise duty, state taxes and making charges.

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Sensex Plunges Over 450 Points As Markets Hit 4-Month Lows: 10 Points

Domestic stock markets suffered sharp losses on Thursday, tracking weakness in Asian peers where investors gauged the impact of the coronavirus outbreak on world economy. That marked a fifth straight...

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Sensex Plunges Over 400 Points, Nifty Near 11550 Amid Broad-Based Selloff

Sensex Falls 200 Points, Nifty Below 11,650 Amid Weakness Across Sectors

Domestic stock markets started Thursday's session on a negative note tracking weakness in Asian peers amid concerns about the coronavirus outbreak. That marked a fifth straight session of fall for the...

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Sensex Falls 200 Points, Nifty Below 11,650 Amid Weakness Across Sectors

"Closely Monitoring" Coronavirus Impact On Economy, Says Government

The Finance Minister said that the process of merger of public sector banks was underway as per the schedule.

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"Closely Monitoring" Coronavirus Impact On Economy, Says Government

The Finance Minister said that the process of merger of public sector banks was underway as per the schedule.

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Sensex, Nifty Likely To Open Lower Today Tracking Global Peers

Most new coronavirus cases are now being reported outside China - the origin of the outbreak - with South Korea, Italy and Iran emerging as new epicentres.

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Sensex, Nifty Likely To Open Lower Today Tracking Global Peers

Most new virus cases are now being reported outside China - the origin of the outbreak - with South Korea, Italy and Iran emerging as new epicentres.

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Nirmala Sitharaman Pulls Up PSU Banks For Poor Branch-Level Services

Customers expect personal touch from bank branch staff, the FM said, adding banks should work at branch-level in letter and spirit of banking, which is a direct connect with customers

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Discussed Data Sovereignty, Digital India With Satya Nadella: Ravi Shankar Prasad

Although the bill allows the transfer of personal data outside India, while transferring "sensitive" personal data outside the country a copy will have to be kept in the country. Data processing or...

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Discussed Data Sovereignty, Digital India With Satya Nadella: Ravi Shankar Prasad

Bank ATMs Dispensing More Rs 500 Notes Instead Of Rs 2,000: Report

Although there has been no dictate from the Finance Ministry, banks on their own have decided to fill their ATMs with smaller denomination notes for the convenience of customers, sources said.

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Bank ATMs Dispensing More Rs 500 Notes Instead Of Rs 2,000: Report

Indian Retail Market To Reach $1 Trillion By 2025: Report

The Indian retail market is likely to hit $1.1-$1.3 trillion dollar mark from 0.7 trillion in 2019 -- a 9-11 per cent CAGR growth -- driven by multiple structural, socio-demographic and economic...

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Indian Retail Market To Reach $1 Trillion By 2025: Report

Sensex Sheds 392 Points As Markets Close At 3-Week Lows

India VIX soared 7 per cent to 18 as the spike in the coronavirus continues to spook investors across the world.

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Sensex Sheds 392 Points As Markets Close At 3-Week Lows

India VIX soared 7 per cent to 18 as the spike in the coronavirus continues to spook investors across the world.

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Sensex Plunges Over 500 Points, Nifty Below 11,650; Auto Stocks Worst Hit

The markets were set to close lower for the fourth straight session in a row.

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Sensex Plunges Over 500 Points, Nifty Below 11,650; Auto Stocks Worst Hit

The markets were set to close lower for the fourth straight session in a row.

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Tuesday, February 25, 2020

Cipla Shares Fall 6% After US Regulator's Warning Letter On Goa Facility

Cipla said it remains committed to maintaining the highest standards of compliance and will work closely with the US regulator to comprehensively address all the observations.

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Cipla Shares Fall 6% After US Regulator's Warning Letter On Goa Facility

Gold Futures Extend Decline To Trade Near Rs 42,500

Gold Price Today: Analysts say gold prices may witness some volatility in the near term as investors assess the impact of the coronavirus epidemic on consumer demand.

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Gold Futures Extend Decline To Trade Near Rs 42,500

Rupee Edges Higher To 71.74 Against Dollar

Stock market benchmark indices S&P BSE Sensex and NSE Nifty extended losses to the fourth session in a row to hit their lowest intraday levels recorded since February 3.

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Rupee Edges Higher To 71.74 Against Dollar

Petrol, Diesel Rates Steady For Third Straight Day

Petrol, Diesel Rates Today: Any changes in the fuel prices, based on movements in crude oil and forex rates, are implemented at fuel stations with effect from 6 am.

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Sensex, Nifty Fall In Early Trade

Analysts awaited official macroeconomic data due by the end of the week for any signs of revival in economic growth.

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Petrol, Diesel Rates Steady For Third Straight Day

Sensex, Nifty Fall In Early Trade

Analysts awaited official macroeconomic data due by the end of the week for any signs of revival in economic growth.

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Sensex, Nifty Likely To Open Lower Today

Analysts awaited official macroeconomic data due by the end of the week for any signs of revival in economic growth.

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Sensex, Nifty Likely To Open Lower Today

Analysts awaited official macroeconomic data due by the end of the week for any signs of revival in economic growth.

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Bank Credit Growth May Rise 200-300 Basis Points Next Fiscal: Crisil

A gradual pick-up in economic activity, continuing demand for retail loans, and strong growth in lending by private sector banks should drive the uptick.

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SBI Cards Public Offer To Open On March 2. Should You Invest?

The Initial Public Offer (IPO) of SBI Cards will be available in the price band of Rs 750-755 per share, according to a regulatory filing by State Bank of India. A discount of Rs 75 per share will be...

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Sensex, Nifty Decline For Third Straight Session; Energy Shares Weigh

In the last three trading sessions, the Sensex has shed 2.5 per cent and the NSE Nifty 50 index has slumped 2.7 per cent.

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SBI Cards Public Offer To Open On March 2. Should You Invest?

Sensex, Nifty Decline For Third Straight Session; Energy Shares Weigh

In the last three trading sessions, the Sensex has shed 2.5 per cent and the NSE Nifty 50 index has slumped 2.7 per cent.

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Economy Likely Grew At 4.7% In December Quarter: Poll

About 90 per cent of economists in the poll forecast growth for the October-December quarter at 5 per cent or below.

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Economy Likely Grew At 4.7% In December Quarter: Poll

About 90 per cent of economists in the poll forecast growth for the October-December quarter at 5 per cent or below.

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Increase In Public Float To 35% May See Action Next Fiscal: Report

The 2019-20 Budget had said that it was the right time to consider increasing the minimum public shareholding in listed companies.

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Increase In Public Float To 35% May See Action Next Fiscal: Report

The 2019-20 Budget had said that it was the right time to consider increasing the minimum public shareholding in listed companies.

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Gold Rates Drop Nearly 3% Retreating From Record Highs

Gold Price Today: Gold prices vary in different parts of India - the second largest consumer of the precious metal - due to factors such as excise duty, state taxes and making charges.

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Gold Rates Drop Nearly 3% Retreating From Record Highs

Monday, February 24, 2020

SBI Cards IPO Price Band Fixed At Rs 750-755 Per Share

SBI Cards IPO: The IPO Committee has finalised the bid lot for the offer at 19 equity shares and in multiples of 19 equity shares thereafter.

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SBI Cards IPO Price Band Fixed At Rs 750-755 Per Share

SBI Cards IPO: The IPO Committee has finalised the bid lot for the offer at 19 equity shares and in multiples of 19 equity shares thereafter.

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Travel Giant Expedia To Cut 3,000 Jobs: Report

The firm, which operates its flagship travel site as well as Hotels.com, Hotwire, Travelocity, Cheaptickets, Egencia and CarRentals.com, said the decision was made after determining it had been...

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Travel Giant Expedia To Cut 3,000 Jobs: Report

Foreign Investors From Mauritius Will Remain Eligible For FPI: Sebi

The announcement comes after the tax haven was put on the 'grey list' of Financial Action Task Force (FATF) -- an inter-governmental policy making body that sets anti-money laundering standards.

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Foreign Investors From Mauritius Will Remain Eligible For FPI: Sebi

Sebi Reviews Margin Framework For Cash, Derivatives Segments

"With a view to keeping up pace with the changing market dynamics and to bring more efficiency in the risk management framework, a comprehensive review of the margin framework was done in consultation...

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Sebi Reviews Margin Framework For Cash, Derivatives Segments

Sensex Rises Over 150 Points, Nifty Tops 11,850 Amid Cautious Trade

Domestic stock markets started Tuesday's session on a positive note amid cautious trade, a day after sharp losses in financial stocks pulled benchmark indices 2 per cent lower as concerns about the...

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Sensex Rises Over 150 Points, Nifty Tops 11,850 Amid Cautious Trade

Sensex, Nifty Likely To Open Higher Today

On Monday, the S&P BSE Sensex had declined 806.89 points - or 1.96 per cent - to end at 40,363.23 and the broader NSE Nifty benchmark dropped 251.45 points - or 2.08 per cent - to settle at 11,829.40.

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Sensex, Nifty Likely To Open Higher Today

Sensex, Nifty Fall Most In 3 Weeks As Coronavirus Roils Global Markets

The S&P BSE Sensex and NSE Nifty 50 indexes plunged the most since Budget day as spread of coronavirus to other countries outside Mainland China plagued the global market sentiment.

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L&T Arm Wins IT Services Deal From Swedish Firm

"We have set up a dedicated global engineering centre in Chennai to design and develop products for Dometic's global clientele. The centre will also support mechanical, embedded and connectivity areas...

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L&T Arm Wins IT Services Deal From Swedish Firm

Reliance Industries Deleveraging Remains Underappreciated: UBS

Reliance Industries' (RIL) efforts to deleverage largely remain underappreciated and the exercise could free up more than $20 billion by FY21-end for RIL.

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Reliance Industries Deleveraging Remains Underappreciated: UBS

Sunday, February 23, 2020

Sensex Down 350 Points; Metals Drag, IT Stocks Witness Buying

Experts reckon that the markets may be volatile this week due to the expiry of February derivative contracts on February 27 and developments surrounding the coronavirus. The US President Donald Trump...

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Adani Group Gets Mandi House Prime Property For Rs 400 Crore

The Adani Group will acquire a prime residential property near Mandi House in New Delhi after winning a bid to acquire Aditya Estates.

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Sensex Down 350 Points; Metals Drag, IT Stocks Witness Buying

Adani Group Gets Mandi House Prime Property For Rs 400 Crore

The Adani Group will acquire a prime residential property near Mandi House in New Delhi after winning a bid to acquire Aditya Estates.

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Indian Refiners Getting Rare Oil Cheap As China Demand Slows

"Opportunity for Indian markets is more in the context of what is happening in China and in recent times we received crudes which are appearing to be attractive as compared to their value earlier,"...

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Points Mean Pain For Small Firms In UK Immigration Overhaul

Almost 40 per cent of firms say they've struggled to recruit the right staff in the past year, and more than a third of those say a reason is that UK citizens are unwilling to do the jobs, according...

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Indian Refiners Getting Rare Oil Cheap As China Demand Slows

Points Mean Pain For Small Firms In UK Immigration Overhaul

Lotteries To Attract Uniform 28% GST Rate From March 1

The GST Council, led by Finance Minister Nirmala Sitharaman, had in December last year decided to increase the rate as well as implement a single rate for lotteries. Buyers of tickets for lotteries...

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Lotteries To Attract Uniform 28% GST Rate From March 1

Mukesh Ambani's Plan To Make Reliance Debt-Free By 2021 Hits Bumps

Prime Minister Narendra Modis administration has petitioned a court to halt a proposed stake sale by Reliance Industries to Saudi Arabian Oil Company, threatening a key source of funds needed to pare...

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Mukesh Ambani's Plan To Make Reliance Debt-Free By 2021 Hits Bumps

Sensex Loses 450 Points, Nifty Nears 11,900 On Weak Global Cues

Stocks in South Korea led losses across Asia after the country raised its coronavirus alert to the 'highest level' following a recent spike in cases throughout the country. Elsewhere, the Shanghai...

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Sensex Loses 450 Points, Nifty Nears 11,900 On Weak Global Cues

Finance Ministry, Telecom, Niti Aayog Officials Discuss Relief Options For Telcos

The meeting discussed what can be done immediately by the government to provide help to the sector to come out of the crisis after paying the huge dues as per SC directions and survive in business,...

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Markets Likely To Open In The Red On Weak Asian Cues

Stocks in South Korea led losses across Asia after the country raised its coronavirus alert to the "highest level" following a recent spike in cases

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Finance Ministry, Telecom, Niti Aayog Officials Discuss Relief Options For Telcos

Markets Likely To Open In The Red On Weak Asian Cues

Saturday, February 22, 2020

Finance Minister Asks G-20 To Enhance Global Risk Monitoring

"Finance Minister Smt @nsitharaman called upon the G20 to enhance global global risk monitoring and explore the scope for policy co-ordination to deal with such global risks," a tweet by the Finance...

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India Must Push For Pro-Business Policies To Reach $5 Trillion Economy: CEA

Taking a leaf out of his authored Economic Survey, he said Arthashastra stresses on ethical ways of creating wealth adding that we need to focus on creating trust in the markets as well. ...

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RBI Reviewing Monetary Policy Framework, Says Shaktikanta Das

"We have commenced an internal review of the working of the monetary policy framework, and going forward by the middle of the current calendar year, that's by June or so, we will be holding a round...

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Finance Minister Asks G-20 To Enhance Global Risk Monitoring

India Must Push For Pro-Business Policies To Reach $5 Trillion Economy: CEA

RBI Reviewing Monetary Policy Framework, Says Shaktikanta Das

Gold Deposits Worth Rs 12 Lakh Crore Found In UP's Sonbhadra

Sonbhadra Gold Deposits News: The gold deposits were found in the Son Pahadi and Hardi areas here, district mining officer KK Rai said on Friday.

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Gold Deposits Worth Rs 12 Lakh Crore Found In UP's Sonbhadra

Sonbhadra Gold Deposits News: The gold deposits were found in the Son Pahadi and Hardi areas here, district mining officer KK Rai said on Friday.

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Here's How Much You Pay For Non-Subsidised LPG Cylinders Today

LPG Price: The amount of subsidy provided by the government on the quota of 12 cylinders per year varies from month to month.

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Here's How Much You Pay For Non-Subsidised LPG Cylinders Today

LPG Price: The amount of subsidy provided by the government on the quota of 12 cylinders per year varies from month to month.

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SBI Now Pays These Returns On Retail Fixed Deposits

SBI offers both monthly and quarterly interval options for crediting the interest in retail fixed deposit accounts. However, the payment of interest on a monthly basis is made at a discounted rate,...

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SBI Now Pays These Returns On Retail Fixed Deposits

Cases In Arbitration Abroad Eligible For Vivad Se Vishwas Scheme: Taxman

The Income Tax Department said appeals and writs filed on or before January 31 this year will be allowed to be taken up under the scheme.

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Gold Rate Jumps To Record High Amid Weakness In Rupee

Gold futures hit an all-time high of Rs 42,509 per 10 grams on Friday. Futures have risen nearly 9 per cent so far in 2020 after rising nearly a quarter in 2019.

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Cases In Arbitration Abroad Eligible For Vivad Se Vishwas Scheme: Taxman

The Income Tax Department said appeals and writs filed on or before January 31 this year will be allowed to be taken up under the scheme.

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Gold Rate Jumps To Record High Amid Weakness In Rupee

Friday, February 21, 2020

Petrol Rates Hiked Marginally After Three Days Of Pause, Diesel Unchanged

Petrol Price Today, Diesel Rate: Domestic fuel prices are determined broadly by the global crude oil prices and the foreign exchange rates.

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Petrol Rates Hiked Marginally After Three Days Of Pause, Diesel Unchanged

Petrol Price Today, Diesel Rate: Domestic fuel prices are determined broadly by the global crude oil prices and the foreign exchange rates.

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Provident Fund Body To Start E-Inspection To Monitor Compliance

Employees' Provident Fund Organisation (EPFO) will shortly launch an e-inspection system across the country for monitoring of voluntary compliance of EPF scheme by employers, an official said on...

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Provident Fund Body To Start E-Inspection To Monitor Compliance

Fiscal Deficit Touched 4.56% Of GDP In December: Finance Ministry Data

For the fiscal 2019-20 (till March 31, 2020), the fiscal deficit has been revised to 3.8 per cent now.

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Fiscal Deficit Touched 4.56% Of GDP In December: Finance Ministry Data

For the fiscal 2019-20 (till March 31, 2020), the fiscal deficit has been revised to 3.8 per cent now.

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How Much Money You Can Put In A State Bank Of India (SBI) FASTag Account

SBI FASTag: The SBI FASTag account is available in two categories: with limited KYC verification and with full KYC verification.

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How State Bank Of India (SBI) FASTag Works

SBI FASTag: The SBI FASTag account is available in two categories: with limited KYC verification and with full KYC verification.

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France's ADP Buys 49% Of GMR Airports For $1.45 Billion

Once the deal is completed, ADP will jointly own GMR Airports with GMR Infrastructure, which will keep a 51 per cent stake and retain control of the company. ADP will be granted highly extended...

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France's ADP Buys 49% Of GMR Airports For $1.45 Billion

Thursday, February 20, 2020

After Amazon, Walmart's Flipkart Challenges Antitrust Probe

Flipkart's legal filing was aimed at signalling the company is aggrieved by the CCI's probe order, a person familiar with the matter said.

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Airlines Suspend China Flights Due To Coronavirus Outbreak: Key Facts

Airlines have been suspending flights to China or modifying service in response to the coronavirus outbreak.

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After Amazon, Walmart's Flipkart Challenges Antitrust Probe

Flipkart's legal filing was aimed at signalling the company is aggrieved by the CCI's probe order, a person familiar with the matter said.

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Airlines Suspend China Flights Due To Coronavirus Outbreak: Key Facts

Airlines have been suspending flights to China or modifying service in response to the coronavirus outbreak.

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Petrol, Diesel Rates Unchanged For Third Day. Here's How Much You Pay Now

Petrol Price Today, Diesel Rate: Domestic fuel prices are determined broadly by the global crude oil prices and the foreign exchange rates.

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Find Out Today's Petrol, Diesel Rates In Your City In SMS. Here's How

How To Check Petrol, Diesel Price Through SMS: The user is required to send an SMS in a format prescribed to 9224992249 to avail this service.

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Petrol, Diesel Rates Unchanged For Third Day. Here's How Much You Pay Now

Petrol Price Today, Diesel Rate: Domestic fuel prices are determined broadly by the global crude oil prices and the foreign exchange rates.

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Find Out Today's Petrol, Diesel Rates In Your City In SMS. Here's How

How To Check Petrol, Diesel Price Through SMS: The user is required to send an SMS in a format prescribed to 9224992249 to avail this service.

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How Sensex, Nifty Fared In Holiday-Shortened Week

Going forward, analysts expect some revival in the economy which is staring at its worst pace of expansion in more than 11 years.

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How Sensex, Nifty Fared In The Holiday-Shortened Week

Going forward, analysts expect some revival in the economy which is staring at its worst pace of expansion in more than 11 years.

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Stock, Forex Markets To Remain Shut On Friday For Mahashivratri

Mahashivratri 2020: On Thursday, the S&P BSE Sensex index ended 152.88 points - or 0.37 per cent - lower at 41,170.12, and the broader NSE Nifty benchmark settled at 12,080.85, down 45.05 points - or...

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Stock, Forex Markets To Remain Shut On Friday For Mahashivratri

Mahashivratri 2020: The markets will resume trading on Monday.

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CRISIL Downgrades Vodafone Idea's Rs 3,500 Crore Debt Paper

On Tuesday, Care Ratings (CARE) had downgraded its ratings on the long-term bank facilities and non-convertible debentures.

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JSW Steel To Pay Rs 19,700 Crore By March 15 To Acquire Bhushan Power

Although the National Company Law Tribunal last September approved its resolution plan to take over the insolvent Bhushan Power and Steel, the Enforcement Directorate, which is investigating alleged...

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CRISIL Downgrades Vodafone Idea's Rs 3,500 Crore Debt Paper

On Tuesday, Care Ratings (CARE) had downgraded its ratings on the long-term bank facilities and non-convertible debentures.

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Auto Registrations Fall 7% In January As Weak Buyer Sentiment Prevails: Industry Body

"The ongoing transition of BS-IV to BS-VI is also a factor in delayed purchase decision. The overall weak economic sentiment continues and even Budget 2020 did not have any direct measures nor any...

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Auto Registrations Fall 7% In January As Weak Buyer Sentiment Prevails: Industry Body

Sensex, Nifty Resume Decline After A Day's Breather

Eight of 19 sector gauges compiled by the BSE ended lower led by the S&P BSE Energy and IT indexes' nearly 1 per cent decline.

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Sensex, Nifty Resume Decline After A Day's Breather

Eight of 19 sector gauges compiled by the BSE ended lower led by the S&P BSE Energy and IT indexes' nearly 1 per cent decline.

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Vodafone Idea Condition Extremely Precarious: Citi

The de-leveraging depends on relief on the company's AGR liability, either in terms of quantum or in payment terms, further relief measures from the government which could reduce levies and improve...

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Vodafone Idea Condition Extremely Precarious: Citi

Vodafone Idea Pays Rs 1,000 Crore To Telecom Department: Report

Analysts covering the country's telecoms sector say Vodafone Idea is the most fragile of its three major wireless carriers.

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Vodafone Idea Pays Rs 1,000 Crore To Telecom Department: Report

Analysts covering the country's telecoms sector say Vodafone Idea is the most fragile of its three major wireless carriers.

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Wednesday, February 19, 2020

SBI's Credit Card Business Initial Public Offering To Open On March 2

The company plans to issue new shares worth Rs 500 crore and will offer up to 13.05 crore shares for sale, the prospectus, dated February 18, showed.

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SBI's Credit Card Business Initial Public Offering To Open On March 2

Crisil Downgrades Vodafone Idea's Debt Issue On AGR Woes

The rating action reflects CRISIL's expectation of a lower likelihood of any relief from Government of India after the Supreme Court (SC) on February 14, 2020, did not grant any relief to the telecom...

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Crisil Downgrades Vodafone Idea's Debt Issue On AGR Woes

Rupee Falls To 71.80 Against US Dollar

The 10-year government bond yield was at 6.40 per cent in the morning trade.

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Rupee Falls To 71.80 Against US Dollar

The 10-year government bond yield was at 6.40 per cent in the morning trade.

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Sensex Drops Over 100 Points, Nifty Slips Below 12,100 In Early Trade

The capital markets will remain shut on Friday for Mahashivratri.

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Sensex Drops Over 100 Points, Nifty Slips Below 12,100 In Early Trade

The capital markets will remain shut on Friday for Mahashivratri.

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Petrol, Diesel Prices Unchanged. Find Out How Much You Pay Today

In Delhi, the price of petrol stood at Rs 71.89 per litre and that of diesel at Rs 64.65 per litre on February 20 - the same levels as the previous day, according to Indian Oil Corporation (IOC). In...

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Petrol, Diesel Prices Unchanged. Find Out How Much You Pay Today

Sensex, Nifty Likely To Start Last Session Of Week Lower

The Singapore Exchange (SGX) Nifty futures - an early indicator of the National Stock Exchange (NSE) Nifty index - declined as much as 54.5 points to 12,091.50 ahead of the opening of Indian markets....

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Sensex, Nifty Likely To Start Last Session Of Week Lower

On Wednesday, the S&P BSE Sensex index and the broader NSE Nifty 50 benchmark had risen 428.62 points - or 1.05 per cent - to end at 41,323.00 and 133.40 points - or 1.11 per cent - to settle at...

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Tata-Owned Jaguar Land Rover Shipping Auto Parts In Suitcases As Coronavirus Hits Chinese Supply Cha

JLR CEO Ralf Speth said the company has enough supplies to ensure production for the next two weeks, but from the third week onwards it remains risky and could even mean plant closures. ...

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AGR Risk For GAIL, Oil India, Power Grid Stays: Fitch

The Department of Telecom has issued demand notices to GAIL, Oil India and Power Grid for Rs 1.83 lakh crore, Rs 48,000 crore and Rs 22,000 crore, respectively.

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AGR Risk For GAIL, Oil India, Power Grid Stays: Fitch

Sensex Snaps 4-Day Losing Streak Led By Reliance Industries, HDFC Twins

All the 19 sector gauges compiled by BSE ended higher led by the S&P BSE Energy index's over 2 per cent gain.

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Sensex Snaps 4-Day Losing Streak Led By Reliance Industries, HDFC Twins

All the 19 sector gauges compiled by BSE ended higher led by the S&P BSE Energy index's over 2 per cent gain.

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RBI Nod For Kotak Mahindra Bank Promoter Stake Dilution

Kotak Mahindra Bank on Wednesday said it has got the final nod from RBI on the promoters' stake dilution plan.

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RBI Nod For Kotak Mahindra Bank Promoter Stake Dilution

Kotak Mahindra Bank on Wednesday said it has got the final nod from RBI on the promoters' stake dilution plan.

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Fair Trade Regulator Sees No Evidence Of Collusion By IndiGo, SpiceJet

The Competition Commission of India (CCI) in 2015 ordered a probe into allegations of anti-competitive practices after similar fares were being offered on certain routes by IndiGo, SpiceJet, GoAir,...

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Fair Trade Regulator Sees No Evidence Of Collusion By IndiGo, SpiceJet

Vodafone Idea Surges Nearly 50% On Heavy Volumes

Vodafone Idea's shares have so far this year plunged 51 per cent till yesterday, massively underperforming the Sensex which is down nearly 1 per cent.

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Vodafone Idea Surges Nearly 50% On Heavy Volumes

Tuesday, February 18, 2020

Markets Off Day's Highs; Reliance, HUL, ITC Hold Firm, Sun Pharma, Maruti Suzuki Drag

Finance Minister Nirmala Sitharaman will have a high-level meeting with PMO officials this afternoon to chart out the governent's response to the rampaging novel coronavirus that has taken more than...

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Markets Off Day's Highs; Reliance, HUL, ITC Hold Firm, Sun Pharma, Maruti Suzuki Drag

Yes Bank To Be Replaced By Shree Cement In Nifty

In January, Yes Bank said it had rejected a $1.2 billion investment offer from Canadian investor Erwin Singh Braich and Hong Kong-based SPGP Holdings - an offer about which many analysts expressed...

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Yes Bank To Be Replaced By Shree Cement In Nifty

Mukesh Ambani's Reliance, Aramco Accelerate Stake Sale Talks: Report

Reliance in August valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20 per cent stake.

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Mukesh Ambani's Reliance, Aramco Accelerate Stake Sale Talks: Report

Sensex Jumps Over 400 Points, Nifty Crosses 12,100 As Markets Rebound

Domestic stock markets started Wednesday's session on a higher note rebounding from two-week lows amid cautious gains in Asian peers. The S&P BSE Sensex index rose as much as 415.29 points to touch...

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Currency Markets Remain Shut On Wednesday

On Tuesday, the rupee had declined by 22 paise to close at a nearly three-week low of 71.54 against the greenback.

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Sensex, Nifty Jump In Early Trade

On Tuesday, the S&P BSE Sensex index had declined 161.31 points - or 0.39 per cent - to end at 40,894.38 and the broader NSE Nifty benchmark settled at 11,992.50, down 53.30 points - or 0.44 per cent...

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Currency Markets Remain Shut On Wednesday

On Tuesday, the rupee had declined by 22 paise to close at a nearly three-week low of 71.54 against the greenback.

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

Petrol, Diesel Price Today: Currently, the prices of petrol and diesel are reviewed by oil marketing companies such as state-run Indian Oil on a daily basis, and any revisions are implemented at fuel...

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

Pay Hikes In India To Fall To Decadal Low In 2020: Report

Companies in India gave an average pay increase of 9.3 per cent during 2019, reflecting a slowdown in the economy compared to 2018.

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Sensex, Nifty End At Two-Week Lows; Telecom Stocks Plunge

HDFC, Reliance Industries, Bharti Airtel, IndusInd Bank and Maruti Suzuki were among the top decliners in trade on Tuesday.

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Sensex, Nifty Extend Declines To 4th Day; Telecom Stocks Plunge

HDFC, Reliance Industries, Bharti Airtel, IndusInd Bank and Maruti Suzuki were among the top decliners in trade on Tuesday.

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Industry Seeks Import Duties Cut To Tackle Disruptions Due To Coronavirus

The coronavirus outbreak, which has now killed more than 1,800 people in China, has disrupted supplies of raw material to other countries.

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Industry Seeks Import Duties Cut To Tackle Disruptions Due To Coronavirus

The coronavirus outbreak, which has now killed more than 1,800 people in China, has disrupted supplies of raw material to other countries.

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Sensex Falls 400 Points Amid Selloff Across Sectors: 10 Things To Know

Domestic stock markets suffered sharp losses on Tuesday amid a selloff across sectors tracking weakness in global peers, where fresh concerns about the coronavirus impacting world growth hurt investor...

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Sensex Falls Over 400 Points, Nifty Near 11,900

Domestic stock markets suffered sharp losses on Tuesday amid a selloff across sectors. The S&P BSE Sensex index plunged as much as 437.71 points to hit 40,617.98 on the downside, and the broader NSE...

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China's Metal Exporters Face Order Cancellations Amid Virus: Trade Group

China is the world's biggest metals consumer but also the top exporter of some industrial metals, such as steel and aluminium.

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Monday, February 17, 2020

China's Metal Exporters Face Order Cancellations Amid Virus: Trade Group

China is the world's biggest metals consumer but also the top exporter of some industrial metals, such as steel and aluminium.

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Analysts See 'Tentative' Signs Of Upturn In India Inc Earnings

During the latest results season, analysts lowered their Nifty earnings forecasts by 2.8 per cent for the fiscal year ending March 31 and 3.9 per cent for the following year, compared with downgrades...

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Analysts See 'Tentative' Signs Of Upturn In India Inc Earnings

Vodafone India's "Slim Hope" To Stay Alive With Paying Dues In Parts

Analysts covering the country's telecoms sector say Vodafone Idea is the most fragile of its three major wireless carriers and if it shuts shop, the market would shape up as a duopoly of rivals Airtel...

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Vodafone India's "Slim Hope" To Stay Alive With Paying Dues In Parts

Hopes that Vodafone Idea could outlive the financial squeeze due to the outstanding dues payments helped its shares gain as much as 23.5 per cent, their best intraday gain since January 21.

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Mukesh Ambani's Big Revamp Of TV Business Before Potential Stake Sale

Reliance Industries' holding in Network18 will be cut to about 64 per cent from 75 per cent as a result of the recast, the Mumbai-based company said in the statement.

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Mukesh Ambani's Reliance Recasts TV Network Before Potential Stake Sale

Greater Scrutiny Of FDI Likely For National Security, Says Top Official

India received $26 billion FDI in the first six months of the financial year that started April 2019, up from $22 billion in the whole of the previous year, according to the industry department.

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Sensex Falls Over 250 Points, Nifty Drops Below 12,000

Forty five stocks on the 50-scrip index traded in the negative zone. Top percentage losers were Yes Bank, IndusInd Bank, Hindalco, Tata Motors and Hero MotoCorp, down between 1.56 per cent and 4.85...

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Greater Scrutiny Of FDI Likely For National Security, Says Top Official

Sensex Falls Over 250 Points, Nifty Drops Below 12,000

Sensex, Nifty Likely To Open Lower Today

At 8:29 am, the SGX Nifty futures were down 29.50 points - or 0.24 per cent - at 12,043.50.

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Sensex, Nifty Likely To Open Lower Today

At 8:29 am, the SGX Nifty futures were down 29.50 points - or 0.24 per cent - at 12,043.50.

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Reliance Industries To Merge Media, Distribution Businesses Into TV Unit

Under the plan, the conglomerate's TV18 Broadcast, Hathway Cable and Datacom and Den Networks businesses will consolidate into Network18, the company said.

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Reliance Industries To Merge Media, Distribution Businesses Into TV Unit

No Problem In Air India's Divestment This Time: Hardeep Singh Puri

Mr Puri was speaking at an event held to distribute the 'Letters of Appreciation' issued by Prime Minister to the staff of Air India who conducted evacuation operation of the stranded Indians from the...

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Sensex, Nifty Decline For Third Day In A Row Led By Losses In ITC, HDFC

Sixteen of 19 sector gauges compiled by BSE ended lower led by the S&P BSE Oil & Gas index's nearly 2.5 per cent decline.

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No Problem In Air India's Divestment This Time: Hardeep Singh Puri

Sensex Slips 200 Points, Nifty Hovers At 12,050; Energy, Metal Stocks Drag

The energy index was top sectoral loser on BSE, shedding 2.2 per cent at 13,770; Reliance Industries, ONGC, HPCL, BPCL and IOC shed 1-3 per cent each.

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Oyo Says Annual Loss Grew Over Six-Fold On China Expansion

Oyo has changed the way it calculates revenue, Rohit Kapoor, OYO's chief executive officer for India and South Asia, said on a conference call with reporters.

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Sensex Slips 200 Points, Nifty Hovers At 12,050; Energy, Metal Stocks Drag

Oyo Says Annual Loss Grew Over Six-Fold On China Expansion

Top Court Refuses Vodafone Idea's Proposal To Pay Rs 2,500 Crore By Today

The Supreme Court on Monday refused to accept telecom firm Vodafone Idea's proposal to pay Rs 2,500 crore by today and Rs 1,000 crore by Friday.

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Top Court Refuses Vodafone Idea's Proposal To Pay Rs 2,500 Crore By Today

The Supreme Court on Monday refused to accept telecom firm Vodafone Idea's proposal to pay Rs 2,500 crore by today and Rs 1,000 crore by Friday.

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Sunday, February 16, 2020

Vodafone Idea Shares Rise On Hopes Of Dues Clearance

On Saturday, the local arm of British telecom giant Vodafone Plc said it proposed making a payment in the next few days.

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Vodafone Idea Shares Rise On Hopes Of Dues Clearance

On Saturday, the local arm of British telecom giant Vodafone Plc said it proposed making a payment in the next few days.

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After US, Europe Central Banks, RBI May Turn To Bank Of England For Ideas

In December, the RBI announced a Fed-style 'Operation Twist' -- buying long-dated bonds and selling the shorter tenor ones.

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After US, Europe Central Banks, RBI May Turn To Bank Of England For Ideas

In December, the RBI announced a Fed-style 'Operation Twist' -- buying long-dated bonds and selling the shorter tenor ones.

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Moody's Revises India GDP Forecast To 5.4% In 2020

India's economy has decelerated rapidly over the last two years and economic recovery will likely be shallow, Moody's Investors Service said.

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Moody's Revises India GDP Forecast To 5.4% In 2020

India's economy has decelerated rapidly over the last two years and economic recovery will likely be shallow, Moody's Investors Service said.

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Bharti Airtel Makes Rs 10,000 Crore Payment To Telecom Department

Last Friday, the Department of Telecommunications beganissuing orders to telecom companies asking firms such as Bharti Airtel and Vodafone Idea to clear their dues immediately.

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Bharti Airtel Makes Rs 10,000 Crore Payment To Telecom Department

Rupee Slips 10 Paise To 71.47 Against US Dollar On Foreign Fund Outflows

The rupee declined by 10 paise to 71.47 against the US dollar in opening trade on Monday, amid sustained foreign fund outflows and weak opening in domestic equities. Forex traders said strengthening...

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Rupee Slips 10 Paise To 71.47 Against US Dollar On Foreign Fund Outflows

Markets Have a Positive Opening; Sensex Gains over 100 Points, Nifty Above 12,150

The BSE Sensex was quoting at 41,390, higher by 136points and the NSE Nifty was at 12,153, up 39 points.

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Markets Have a Positive Opening; Sensex Gains over 100 Points, Nifty Above 12,150

The BSE Sensex was quoting at 41,390, higher by 136points and the NSE Nifty was at 12,153, up 39 points.

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Markets Likely To Have A Cautious Start

Stocks in Asia have began the week on a mixed footing and the SGX Nifty futures are trading flat, with a loss of 9 points or 0.07 per cent.

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Markets Likely To Have A Cautious Start

Stocks in Asia have began the week on a mixed footing and the SGX Nifty futures are trading flat, with a loss of 9 points or 0.07 per cent.

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No Timeline Yet For Phasing Out Income Tax Exemptions: Nirmala Sitharaman

The Budget 2020-21 has introduced more tax slabs and offers higher limits provided the taxpayer is ready to forego all the existing exemptions and deductions including those against payment of...

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No Timeline Yet For Phasing Out Income Tax Exemptions: Nirmala Sitharaman

Telecom Service Providers Likely To Clear Dues On Monday: Report

Telecom operators are collectively liable to pay Rs 1.47 lakh crore in AGR dues as per the Supreme Court order dated October 24, 2019.

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After Sensex Rises For Second Week, Analysts See Some Pressure Ahead

Overall trend in the markets was negative, with only select stocks helping the benchmark indices rise on a weekly basis.

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Telecom Service Providers Likely To Clear Dues On Monday: Report

Telecom operators are collectively liable to pay Rs 1.47 lakh crore in AGR dues as per the Supreme Court order dated October 24, 2019.

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After Sensex Rises For Second Week, Analysts See Some Pressure Ahead

Overall trend in the markets was negative, with only select stocks helping the benchmark indices rise on a weekly basis.

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Telecom Department May Encash Telcos' Bank Guarantees If Dues Not Paid

The zonal telecom units of the Department of Telecom (DoT) have not explicitly raised the issue of encashment of bank guarantees in the communications to the TSPs.

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Telecom Department May Encash Telcos' Bank Guarantees If Dues Not Paid

How Much You Need To Pay To Get A FASTag

Once it is issued for a vehicle, one can choose from a range of channels to recharge the FASTag account. State Bank of India (SBI), for example, provides an online facility to enable users to add...

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How Much You Need To Pay To Get A FASTag

Vodafone Assesses Payment To Telecom Department In Dispute Over Dues

The government ordered mobile carriers on Friday to immediately pay billions of dollars in dues after the Supreme Court threatened the companies and officials with contempt proceedings for failing to...

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Vodafone Assesses Payment To Telecom Department In Dispute Over Dues

Saturday, February 15, 2020

NHAI Waives Rs 100 FASTag Fee Till February 29. How To Get FASTag

The FASTag system enables automatic, cashless deduction of toll charges when a registered vehicle passes through the toll plaza without stopping for a cash transaction.

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NHAI Waives Rs 100 FASTag Fee Till February 29. How To Get FASTag

Find Out Today's Petrol, Diesel Rates In Your City In SMS. Here's How

How To Find Latest Prices Of Petrol And Diesel: The user is required to send an SMS in a format prescribed to 9224992249 to avail this service.

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Diesel Prices Cut After A Day's Pause, Petrol Rate Unchanged For 5th Day

Petrol, Diesel Price Today: Domestic petrol and diesel prices are currently reviewed on a daily basis, and any changes implemented at pumps at 6 am.

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How To Receive Latest Petrol, Diesel Rates In SMS

Latest Petrol And Diesel Rates: Petrol and diesel prices are currently reviewed by state-run oil marketing companies such as Indian Oil, Bharat Petroleum and Hindustan Petroleum on a daily basis, and...

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Diesel Prices Cut After A Day's Pause, Petrol Rate Unchanged For 5th Day

RBI Board Recommends Aligning Accounting Year With Fiscal Year From 2020-21

Addressing the board meeting, Finance Minister Nirmala Sitharaman outlined the thinking behind the Union Budget 2020-21 and focus areas of the government. ...

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RBI Board Recommends Aligning Accounting Year With Fiscal Year From 2020-21

Will Pay AGR Dues, Business Continuation Depends On Supreme Court Order: Vodafone Idea

"The company is currently assessing the amount that it will be able to pay to DoT towards the dues calculated based on AGR (Adjusted Gross Revenue), as interpreted by the Hon'ble Supreme Court in its...

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Will Pay AGR Dues, Business Continuation Depends On Supreme Court Order: Vodafone Idea

RBI Reviewing Monetary Policy Framework Change: Shaktikanta Das

"The monetary policy framework is in operation for the last three years. We are reviewing and analysing it internally as to how the MPC framework has worked. At an appropriate time, if required, we'll...

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RBI Reviewing Monetary Policy Framework Change: Shaktikanta Das

Banks Will Have To Pay The Price If Any Telco Files For Bankruptcy: SBI Chairman

"If there is a negative impact on any enterprise, it impacts a larger ecosystem, whether it is banks, whether it is employees, whether they are vendors, consumers, so everybody gets impacted. So, that...

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Banks Will Have To Pay The Price If Any Telco Files For Bankruptcy: SBI Chairman

Budget Unlikely To Have Much Inflationary Impact: Shaktikanta Das

"The direct inflationary impact of any budget is fiscal deficit number, when borrowing goes up, but the government has adhered to the principle of fiscal prudence. The ''escape clause'' under FRBM...

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Budget Unlikely To Have Much Inflationary Impact: Shaktikanta Das

Supreme Court Order On AGR Dues Will Be Discussed Internally If Issues Arise: RBI Chief

On Friday, the Supreme Court threatened contempt proceedings against top executives of Bharti Airtel, Vodafone Idea and other telecom firms for failing to comply with its directive to pay an estimated...

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Supreme Court Order On AGR Dues Will Be Discussed Internally If Issues Arise: RBI Chief

Centre Closely Monitoring Agriculture Credit Given By Banks: Finance Minister

The government in Budget 2020-21 has raised the farm loan disbursal target by 11 per cent to Rs 15 lakh crore for the next fiscal and allocated Rs 1.6 lakh crore to implement various plans in...

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Centre Closely Monitoring Agriculture Credit Given By Banks: Finance Minister

Transmission Of Rate Cuts To Get Better, Says RBI Governor Shaktikanta Das

Addressing the media after RBI board meeting, which was also addressed by Finance Minister Nirmala Sitharaman, Mr Das said he does not agree that rate cut transmission is plateauing out.

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Transmission Of Rate Cuts To Get Better, Says RBI Governor Shaktikanta Das

Friday, February 14, 2020

Finance Bill 2020 Proposes Amendment To Levy 5% Tax On Overseas Remittance

In a statement on Friday, the Ministry of Finance said, "The government imposed a tax collection at source (TCS), akin to TDS on remittances after an internal survey by the income tax department which...

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Finance Bill 2020 Proposes Amendment To Levy 5% Tax On Overseas Remittance

Centre Willing To Look Beyond Budget To Bolster Growth: Finance Minister

"If more has to be done beyond the Budget 2020, we are willing to do that. I am open to take steps beyond it. We are open to hearing from all of you so that as and when tweakings have to happen or...

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Myntra Appoints Raghu Krishnananda As Chief Technology Officer

Raghu Krishnananda has led R&D teams in the US and India, in companies such as Yahoo, Goldman Sachs and Citibank.

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SpiceJet Profit Rises 33% To Rs 73 Crore In December Quarter

The Gurugram-based airline's revenue rose 47 per cent to Rs 3,647 crore as against Rs 2,487 crore for the same quarter last year.

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Myntra Appoints Raghu Krishnananda As Chief Technology Officer

Raghu Krishnananda has led R&D teams in the US and India, in companies such as Yahoo, Goldman Sachs and Citibank.

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SpiceJet Profit Rises 33% To Rs 73 Crore In December Quarter

The Gurugram-based airline's revenue rose 47 per cent to Rs 3,647 crore as against Rs 2,487 crore for the same quarter last year.

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Sensex, Nifty Decline For Second Straight Day Weighed Down By Banks

Banking shares were among the worst hit in today's session as fears of rise in non-performing assets in telecom sector after the Supreme Court order led to selling pressure, analysts said.

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Sensex, Nifty Decline For Second Straight Day Weighed Down By Banks

Finance Ministry To Seek Cabinet Nod For Credit Guarantee Fund: Report

The Credit Guarantee Enhancement Corporation Fund was Budget announcement of the current fiscal.

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Finance Ministry To Seek Cabinet Nod For Credit Guarantee Fund: Report

The Credit Guarantee Enhancement Corporation Fund was Budget announcement of the current fiscal.

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Court Stalls E-Commerce Antitrust Probe Following Amazon Challenge

The court on Friday granted a stay on the investigation for two months, according to a lawyer from law firm P&A Law Offices, which is representing Amazon.

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Court Stalls E-Commerce Antitrust Probe Following Amazon Challenge

Drugmakers May Face Supply Shortages From China If Coronavirus Drags On

An important supplier of generic drugs to the world, Indian companies procure almost 70 per cent of the active pharmaceutical ingredients (APIs) for their medicines from China.

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Drugmakers May Face Supply Shortages From China If Coronavirus Drags On

Thursday, February 13, 2020

Wholesale Inflation Worsens To 3.1% In January

The RBI tracks consumer inflation primarily for formulating its monetary policy.

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Wholesale Inflation Worsens To 3.1% In January

The RBI tracks consumer inflation primarily for formulating its monetary policy.

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Telecom Stocks Slide After Supreme Court Hauls Telecom Service Providers For Contempt Of Court

The telecom companies had earlier filed pleas seeking a new schedule for paying statutory dues towards adjusted gross revenue (AGR) to the Department of Telecommunications (DoT). The telecom companies...

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Sensex Falls Over 500 Points From Day's High As Markets Reverse Direction

The top court summoned the managing directors of the telecom companies to explain why they haven't deposited money to clear their dues worth Rs 1.47 lakh crore.

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Telecom Stocks Slide After Supreme Court Hauls Telecom Service Providers For Contempt Of Court

Sensex Falls Over 500 Points From Day's High As Markets Reverse Direction

Sensex Gains Over 200 Points, Nifty Moves Above 12,200 In Early Trade

Domestic stock markets started Friday's session on a positive note, a day after breaking a two-day winning streak. The S&P BSE Sensex index rose as much as 235.14 points to touch 41,694.93 in the...

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Sensex Gains Over 200 Points, Nifty Moves Above 12,200 In Early Trade

The government is due to release data on wholesale inflation - gauged by the Wholesale Price Index (WPI) - at noon.

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Sensex, Nifty Likely To Open Higher Today

On Thursday, the S&P BSE Sensex index had fallen 106.11 points - or 0.26 per cent - at 41,459.79 and the broader NSE Nifty benchmark settled at 12,174.65, down 26.55 points - or 0.22 per cent - from...

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Sensex, Nifty Likely To Open Higher Today

Economists Eye Silver Lining In Rising Rural Inflation Numbers

Rural inflation rose to 7.73 per cent in January, higher than the urban inflation rate - which was 7.39 per cent - for the first time since June 2018.

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Microsoft CEO Satya Nadella To Visit India This Month

The visit comes on the heels of the Indian-origin CEO recently voicing concerns over the contentious Citizenship Amendment Act (CAA).

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NHAI Waives Off Rs 100 FASTag Fee For 15 Days. What It Means For You

FASTag News: The government has rolled out the FASTag-based toll collection system across more than 527 national highways in the country.

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S&P Retains India's Rating At 'BBB-' With Stable Outlook

S&P said the country's GDP is likely to gradually recover towards longer-term trend rates over the next two to three years.

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Microsoft CEO Satya Nadella To Visit India This Month

The visit comes on the heels of the Indian-origin CEO recently voicing concerns over the contentious Citizenship Amendment Act (CAA).

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NHAI Waives Off Rs 100 FASTag Fee For 15 Days. What It Means For You

FASTag News: The government has rolled out the FASTag-based toll collection system across more than 527 national highways in the country.

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S&P Retains India's Rating At 'BBB-' With Stable Outlook

S&P said the country's GDP is likely to gradually recover towards longer-term trend rates over the next two to three years.

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Sensex Snaps Two-Day Winning Streak On Inflation, Factory Output Worries

Six of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Private Bank index's 1.3 per cent fall.

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Sensex Snaps Two-Day Winning Streak On Inflation, Factory Output Worries

Six of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Private Bank index's 1.3 per cent fall.

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IIM Calcutta Placement Sets New Record With Average Salary Of Rs 28 Lakh

Average package of the top quartile of the class was at Rs 41.8 lakh per annum while the median salary stood at Rs 25.5 lakh, IIM Calcutta said.

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IIM Calcutta Placement Sets New Record With Average Salary Of Rs 28 Lakh

Average package of the top quartile of the class was at Rs 41.8 lakh per annum while the median salary stood at Rs 25.5 lakh, IIM Calcutta said.

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Yes Bank Shares Jump 8% Amid Fund Raise Talks: 10 Things To Know

Yes Bank shares jumped 8 per cent on Thursday a day after the private sector lender said it had received non-binding expressions of interest from JC Flowers, Tilden Park Capital Management, OHA (UK)...

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Yes Bank Shares Jump 8% Amid Fund Raise Talks: 10 Things To Know

IRCTC Shares Surge To Record After Profit Triples In December Quarter

IRCTC's net profit rose 180 per cent to Rs 205.80 crore in October-December period from Rs 73.59 crore during the same quarter last year.

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IRCTC Shares Surge To Record After Profit Triples In December Quarter

IRCTC's net profit rose 180 per cent to Rs 205.80 crore in October-December period from Rs 73.59 crore during the same quarter last year.

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Wednesday, February 12, 2020

Rupee Edges Lower To 71.49 Against Dollar

After starting the session at 71.37 against the greenback, the rupee slid to as low as 71.49 by afternoon as against its previous close of 71.33. It was last seen trading down 14 paise - or 0.21 per...

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Rupee Edges Lower To 71.49 Against Dollar

Yes Bank Shares Jump Amid Fund Raise Talks, Earnings Delayed By A Month

Yes Bank said it had received non-binding expressions of interest from JC Flowers, Tilden Park Capital Management, OHA (UK) and Silver Point Capital.

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Yes Bank Shares Jump Amid Fund Raise Talks, Earnings Delayed By A Month

Sensex Falls Over 50 Points As Markets Erase Early Gains

Domestic stock markets gave up early gains amid volatile trade on Thursday, a day after official data showing higher-than-expected consumer inflation dashed hopes of further monetary easing for the...

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Sensex, Nifty Fall In Early Trade

Economists said the rising inflation could prompt the Reserve Bank of India (RBI) to leave interest rates unchanged in coming months as it tries to support the faltering economy.

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Sensex, Nifty Likely To Open Flat Today

The Singapore Exchange (SGX) Nifty futures - an early indicator of the National Stock Exchange (NSE) Nifty index in India - declined as much as 12.5 points to 12,216.50 ahead of the opening of Indian...

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Sensex, Nifty Likely To Open Flat Today

At 8:18 am, the SGX Nifty futures were down8.00 points - or 0.07 per cent - at 12,221.00.

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Indian Firms Issue Record Dollar Bonds In First Six Weeks Of 2020

Refinitiv data showed Indian firms have issued a record $5.6 billion worth of dollar bonds between January 1 and February 11.

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Cabinet Approves Two New Bills For Farmers, Ports: Prakash Javadekar

The Union Cabinet, chaired by Prime Minister Narendra Modi gave its approval for the Pesticide Management Bill, 2020 which will protect the interests of farmers against spurious pesticides, Union...

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Indian Firms Issue Record Dollar Bonds In First Six Weeks Of 2020

Refinitiv data showed Indian firms have issued a record $5.6 billion worth of dollar bonds between January 1 and February 11.

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ABB India Strengthens Presence In Traction & Oil Exploration

"ABB technology is always striving to drive sustainable and meaningful progress for the future. We feel privileged to continue contributing towards sustainable transportation with our best-in-class...

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Sensex, Nifty End Near Three-Week Highs On Strong Global Cues

Thirteen of 19 sector gauges compiled by the BSE ended higher led by the S&P BSE FMCG index's 2 per cent gain.

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ABB India Strengthens Presence In Traction & Oil Exploration

Sensex, Nifty End Near Three-Week Highs On Strong Global Cues

Thirteen of 19 sector gauges compiled by the BSE ended higher led by the S&P BSE FMCG index's 2 per cent gain.

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RBI's Enhanced Regulatory Role Will Deter Malpractices, Says President

Banks are fulcrum of the country's economic ecosystem, and have played a sterling role in fuelling India's growth over the years, he stated.

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RBI's Enhanced Regulatory Role Will Deter Malpractices, Says President

Banks are fulcrum of the country's economic ecosystem, and have played a sterling role in fuelling India's growth over the years, he stated.

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Tuesday, February 11, 2020

Mahindra Draws Up $423 Million Turnaround Plan For Korean Unit Ssangyong

Ssangyong, which builds sport-utility vehicles (SUVs), was expected to break even in 2019 but things started reversing last year due to a slowing global economy.

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Mahindra Draws Up $423 Million Turnaround Plan For Korean Unit Ssangyong

Capital-Hungry Yes Bank Has Another Pain Point

Yes Bank's loss of mom-and-pop deposits in September was manageable in the end, though it pointed to a risk for the lender whose peers HDFC Bank Ltd. and ICICI Bank Ltd. drew more savings from...

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Capital-Hungry Yes Bank Has Another Pain Point

Non-Subsidised LPG Rate Hiked By Rs 144.5-149 Per Cylinder In Metros

LPG Rate Today In Rupees Per Cylinder: The price of LPG (per 14.2 kilograms) has been increased by a cumulative Rs. 284 per cylinder in Delhi and Rs. 283 per cylinder in Mumbai so far since August -...

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Non-Subsidised LPG Rate Hiked By Rs 144.5-149 Per Cylinder In Metros

Sensex Jumps Over 350 Points, Nifty Tops 12,200 Amid Gains Across Sectors

Domestic stock markets started Wednesday's session on a positive note, tracking gains in Asian peers amid hopes the worst of the coronavirus outbreak in China may have passed. The S&P BSE Sensex index...

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Here Is How Much You Pay For Petrol And Diesel In Your City Today

Petrol, Diesel Rate Today: Currently, the prices of petrol and diesel are reviewed by oil marketing companies such as state-run Indian Oil on a daily basis, and any revisions are implemented at fuel...

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Sensex Jumps Over 350 Points, Nifty Tops 12,200 Amid Gains Across Sectors

Here Is How Much You Pay For Petrol And Diesel In Your City Today

SoftBank Shares Soar To Seven-Month High, Here's Why

A deal would remove the risk of SoftBank having to inject further funds into Sprint, though T-Mobile may push for better terms given Sprint's relative weakness, Mr Boodry wrote.

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Sensex, Nifty Likely To Open Higher Today; Economic Data In Focus

Sensex, Nifty Today: Analysts awaited the release of official data on consumer inflation (CPI) and industrial production (IIP) later in the day for more clarity on the state of the economy. The Sensex...

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SoftBank Shares Soar To Seven-Month High, Here's Why

Sensex, Nifty Likely To Open Higher Today; Economic Data In Focus

Government To Separate NPS Trust From Pension Regulator: Report

The role of the PFRDA includes implementation and regulation of NPS and Atal pension Yojana through various entities including the NPS Trust.

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Economic Growth Set To Bounce Back As Slump Bottoms Out: Sanjeev Sanyal

Sanjeev Sanyal said economic growth was set to accelerate to 6 per cent in the financial year beginning in April

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Economic Growth Set To Bounce Back As Slump Bottoms Out: Sanjeev Sanyal

Sanjeev Sanyal said economic growth was set to accelerate to 6 per cent in the financial year beginning in April

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Sensex, Nifty Snap Two-Day Losing Streak On Strong Global Cues

Reliance Industries, ICICI Bank, HDFC, State Bank of India and Maruti Suzuki were among the top contributors to gain in the Sensex.

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Sensex, Nifty Snap Two-Day Losing Streak On Strong Global Cues

Reliance Industries, ICICI Bank, HDFC, State Bank of India and Maruti Suzuki were among the top contributors to gain in the Sensex.

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Economy Not In Trouble; Green Shoots Visible, Says Nirmala Sitharaman

Referring to visible indicators of green shoots, the Finance Minister said the forex reserve is at an all-time high and the stock market is upbeat.

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Qatar Investment Authority Completes Investment In Adani Electricity

The total QIA investment in AEML is Rs 3,220 crore which includes equity consideration of Rs 1,210 crore and shareholder subordinated debt of Rs 2,010 crore.

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Economy Not In Trouble; Green Shoots Visible, Says Nirmala Sitharaman

Qatar Investment Authority Completes Investment In Adani Electricity

Budget Tax Proposals Not To Impact Mutual Funds: Franklin Templeton

After the Union Budget was presented on February 1, there had been some apprehensions on the growth of MF sector in the coming days.

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Budget Tax Proposals Not To Impact Mutual Funds: Franklin Templeton

After the Union Budget was presented on February 1, there had been some apprehensions on the growth of MF sector in the coming days.

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Monday, February 10, 2020

Sensex Holds Over 300-Point Gain, Nifty Above 12,100 On Firm Global Cues

All the 19 sector gauges compiled by BSE, barring the S&P BSE IT index, were trading higher led by the S&P BSE Metal index's 1.5 per cent gain.

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Sensex Holds Over 300-Point Gain, Nifty Above 12,100 On Firm Global Cues

All the 19 sector gauges compiled by BSE, barring the S&P BSE IT index, were trading higher led by the S&P BSE Metal index's 1.5 per cent gain.

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Infosys To Acquire Simplus, Strengthens Presence Across US, Australia

Simplus is a recognised leader and advisor in cloud consulting, implementation, data integration, change management and training services for Salesforce quote-to-cash applications.

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Infosys To Acquire Simplus, Strengthens Presence Across US, Australia

Rupee Edges Higher To 71.20 Against Dollar

Foreign institutional investors sold equities worth Rs 184.58 crore on a net basis on Monday, according to provisional exchange data.

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Rupee Edges Higher To 71.20 Against Dollar

Foreign institutional investors sold equities worth Rs 184.58 crore on a net basis on Monday, according to provisional exchange data.

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Sensex Jumps Over 400 Points Amid Broad-Based Gains: 10 Things To Know

Domestic stock markets are started Tuesday's session on a positive note following two days of losses amid gains in Asian peers. The S&P BSE Sensex index climbed as much as 439.02 points to touch...

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Sensex Jumps Over 400 Points Amid Broad-Based Gains: 10 Things To Know

RBI Releases Draft Framework For New Payment System

At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.

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