Budget LIVE: Sensex, Nifty Set To Have A Cautious Start Ahead Of Budget
Benchmark indices fell on Friday, capping its worst January since 2016 as the government grapples with measures to spur the slowing economy....
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 sentim...
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. ...
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 gove...
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 en...
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 econ...
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 de...
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 presentatio...
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 com...
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 Bu...
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 Nat...
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 Augu...
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 d...
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. fro...
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 esp...
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 e...
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 ...
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 eff...
Economic Slowdown Has Bottomed Out, Uptick From Hereon: CEA
As per the first advance estimates released by the National Statistical Organisation (NSO), the country's economic growth is likely to h...
Economic Survey Sees Pickup In Growth But Calls For Expansionary Policy
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects. from NDTV Profit - L...
Defence Experts: Defence Sector Needs Money For Modernisation
Commodore C Uday Bhaskar (Retired), Director, Society for Policy Studies said, "My expectation is that Budget 2020 will be a meaningful...
Government Refutes 'Unfounded' Criticism About GDP Data
India's economic data has come under intense scrutiny after some commentators said the GDP data was unusually buoyant despite distress i...
Uptick In Retail Prices In FY20, Mainly On Veggies, Pulses: Economic Survey
The Economic Survey 2019-20, presented in Parliament by Finance Minister Nirmala Sitharaman stated that inflation has been witnessing modera...
Sensex, Nifty Decline For Second Day After Survey Pegs 5% Growth For FY20
Six of 11 sector gauges compiled by National Stock Exchange ended higher led by the Nifty Metal index's 2.3 per cent fall. from NDTV P...
Economists: 'Thalinomics' Old Wine In A New Bottle
The survey states that the absolute prices of a vegetarian thali have decreased significantly since 2015-16 across India, although the price...
Economic Survey Hints At Easing Of 3.3% Fiscal Deficit Target
The Economic Survey 2019-20 warns against a widening fiscal deficit, stating that the government may need to relax its target for the curren...
Markets Trade Flat Post Economic Survey, SBI Jumps 2% After Q3 Results
The European and Asian indices are trading mixed this afternoon. The CAC and DAX are marginally higher in early trades, whereas FTSE is open...
Over 5.54 Crore Entrepreneurs Availed Loans Under Mudra Scheme: President
The President in his address noted that tier-II and tier-III cities are emerging in a new role towards achieving the goal of a $5-trillion e...
SBI Profit Rises 41% In December Quarter As Asset Quality Improves
The bank's gross non-performing assets as a percentage of total advances improved to 6.94 per cent versus 7.19 per cent in the previous ...
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 at...
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 enteri...
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 ...
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 whe...
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 ...
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 Rome...
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 ...
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...
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 afternoo...
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 Hub...
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 a...
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 ...
How Markets Have Fared Since Budget 2019
Budget 2020: With just one day left before Finance Minister Nirmala Sitharaman reveals what's in store for the markets in this year'...
What To Expect From Krishnamurthy Subramanian's Economic Survey
Chief Economic Advisor Krishnamurthy Subramanian has a lot on his plate as he braces to present the Economic Survey a mere 24 hours from now...
Tata Motors Returns To Profitability In December Quarter
Tata Motors said its subsidiary Jaguar Land Rover continues its turnaround journey "with another strong quarter". from NDTV Prof...
Bajaj Auto Chairman Rahul Bajaj To Step Down From Executive Role
Rahul Bajaj has been a director of the company since April 1, 1970, Bajaj Auto said. from NDTV Profit - Latest https://ift.tt/2OqQOoD
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 ep...
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' Co...
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 t...
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 whic...
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...
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...
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 sl...
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 t...
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...
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 s...
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 sp...
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 di...
Railways For Setting Up Fund To Deal With Rs 50,000 Crore Pension Burden
Chairman Railway Board V.K. Yadav said, "About 25 per cent of the railways' earnings goes into paying the pensions to the former ra...
Rupee Rises 7 Paise Against Dollar On Rebound In Equity Markets
The rupee consolidated in a narrow range as market participants assessed the economic implications of the coronavirus outbreak. from NDTV ...
Budget 2020: BJP Recommends Tax Tweaks To Attract Foreign Investors
Bharatiya Janata Party has recommended adjusting rules on taxing equity market returns in the upcoming budget on February 1. from NDTV Pro...
IndiGo Shareholders Reject Changing Rules On Stock Sales
The co-founders have been involved in a bitter spat that stemmed from allegations of corporate governance violations. from NDTV Profit - L...
Boeing Reports Loss Of $636 Million In 2019, First Annual Loss Since 1997
The aerospace giant reported a $1.0 billion loss in the fourth-quarter and a $636 million loss for all of 2019, the company's first annu...
Potato Production Rises 51% In Over A Decade: Agriculture Minister
Agriculture Minister Narendra Singh Tomar expressed concern over crop losses, saying the damage to the crop currently stands at 16 per cent ...
Ahead Of Budget 2020, Know All About Section 80C Income Tax Benefits
Industry body FICCI or Federation of Indian Chambers of Commerce & Industry has called for an increase in the existing limit on income t...
Finance Ministry Asks Departments Not To Rush Last Minute Spending
There are indications that government may cut spending by up to Rs 2 lakh crore to curb rising fiscal deficit. from NDTV Profit - Latest h...
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, high...
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. from NDTV Profit - La...
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. from NDTV Profit - L...
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 with...
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 sentim...
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. from NDTV Prof...
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 troubl...
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...
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 sin...
Sensex Rises Over 200 Points, Nifty Crosses 12,100 In Early Trade
Union Budget 2020: Analysts say the markets are likely to remain volatile until the government presents the Union Budget on February 1, when...
Sensex, Nifty Likely To Open Higher Today
Union Budget 2020: Analysts say the markets are likely to remain volatile until the government presents the Union Budget on February 1, when...
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 widespr...
Rupee Edges Higher To Close At 71.31 Against Dollar
Analysts say the markets are likely to remain volatile until the government presents the Union Budget on February 1, when it may also unveil...
Rupee Rises 12 Paise To 71.31 Against Us Dollar Amid Easing Crude Prices
Benchmark Brent crude oil prices moderated to $58.67 per barrel, down 1.10 per cent. The fall in crude prices was attributed to expected dem...
FICCI For Credit Of GST Against Excise Duty On Petroleum Products
Union Budget 2020: Until the introduction of GST on petroleum products, suitable amendments in the CENVAT (Central Value Added Tax) rules wi...
Budget 2020 Likely To Raise Spending To Revive Economic Growth: Report
India is facing its worst economic slowdown in a decade. Growth slipped to 4.5 per cent in the July-September quarter, worsening the job pro...
FICCI Calls For Increase In Section 80C Income Tax Deduction Limit
Union Budget 2020: Finance Minister Nirmala Sitharaman will present the first full-year Union Budget of Prime Minister Narendra Modi's g...
Indian Online Food Delivery Market To Hit $8 Billion By 2020
Google and Boston Consulting Group (BCG) revealed, in a report, that variety in cuisines (35 per cent) was one of the top reasons for recurr...
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 alr...
Sensex Falls Nearly 200 Points, Settles Below 41,000
Budget 2020: Analysts say that the markets are likely to remain volatile ahead of the presentation of Union Budget due on Saturday. from N...
Explainer: What Is Finance Bill?
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 fi...
Tata Launches 'Ecosystem' To Kickstart Indian Clean Vehicles
India, in an effort to curb high pollution in several cities and to bring down its fuel import bill, is encouraging automakers to build EVs....
Sugar Buyers Nervous As Indian Export Surge Fails To Materialise
Global buyers have been targetting Indian supplies to help meet a global sugar deficit of 6.12 million tonnes in 2019/20 forecast by the Int...
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 li...
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...
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 i...
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) ...
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. fro...
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. ...
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. from NDTV Prof...
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. fro...
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 ...
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...
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 t...
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, t...
1 Lakh Tons Of Dutch-Made Tata Steel Exempt From US Tariffs
Since 2018, US companies wishing to import the type of steel, which is not produced in the US, had been forced to seek tariff exemptions on ...
Budget 2020 May Bring In New Policy To Revive Power Discoms
The new scheme would include elements of the current UDAY scheme and would provide assistance for reduction of discoms' losses, he told ...
Auto Sector Seeks Incentive-Based Scrappage Scheme In Budget
The Society of Indian Automobile Manufacturers (SIAM) has sent this and other recommendations to the government for the upcoming Budget 2020...
IndiGo Profit Jumps 168% To Rs 496 Crore In December Quarter
In the October-December period of FY20, IndiGo saw its revenue from operations rising 25.5 per cent to Rs 9,931.7 crore. from NDTV Profit ...
Brazil's Taurus Signs Deal With Jindal Group To Produce Guns In India
Under the agreement, Jindal will hold a 51 per cent stake in the venture and Taurus the remaining shares, the Brazilian company said. from...
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 esp...
Qatar Not Keen To Renegotiate LNG Contracts With India: Qatar Minister
"We are not renegotiating contracts, we stick with contracts - both sides - and we look for additional new contacts and volumes to comp...
Current Situation Of Air India Is Very Fragile, Says Civil Aviation Minister
Some parameters in current PIM include transfer of management control and sale of 100 per cent shares of Air India, along Air India's 10...
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 sprea...
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...
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 ...
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. fr...
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-ta...
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 stra...
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...
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 Mas...
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. ...
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...
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 opera...
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...
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 conc...
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 r...
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' - th...
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 decli...
Siemens Buys Electrification Company C&S Electric In $296 Million Deal
C&S, which employs 5,000 people, had estimated sales of around 150 million euros in 2019, with an operating profit margin of 10 per cent...
Government Likely To Raise Import Duties On More Than 50 Items: Report
Higher customs duties are likely to hit goods such as mobile phone chargers, industrial chemicals, lamps, wooden furniture, candles, jewelle...
Shaktikanta Das Calls For More Structural Reforms Ahead Of Budget
Structural reforms and fiscal measures may have to be continued and further activated to provide a durable push to demand, Shaktikanta Das s...
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. from ND...
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. from NDTV Profit - ...
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...
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 d...
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...
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. from NDTV...
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 Augu...
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. from NDTV Profit - L...
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 ...
Sensex Falls Over 100 Points, Nifty Drops To 12,150
Sensex, Nifty LIVE Market Updates: Analysts say the markets are likely to remain volatile until the government presents the Union Budget on ...
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. from ...
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 Nif...
Telecom Department Orders No Action On Defaulting Airtel, Vodafone
While Bharti Airtel and Vodafone Idea did not pay the dues, billionaire Mukesh Ambani-led Reliance Jio paid Rs 195 crore to clear all outsta...
Fiscal Deficit May Be At 3.5% In Financial Year 2021: Report
Gross borrowing figure is likely to be budgeted at Rs 7.5 lakh crore, i.e., growth of 5.7 per cent year-on-year. This is likely to keep the ...
Government May Fund $28 Billion Expenses By Off-Budget Borrowings: Report
Off-budget borrowings are a means by which the government keeps its fiscal deficit in check by making quasi-government entities borrow on it...
Air India Buyer Will Get An Airline With A Massive Reach: Ashwani Lohani
Comments from the top bureaucrat come within two months after the government said the airline will have to shut shop if not privatized. fr...
Union Budget 2020 An Opportunity To Unleash Reforms: Brickwork
Lower revenue generation restricts room for huge stimulus, whereas the economy can do with a booster shot. from NDTV Profit - Latest https...
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. ...
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 ...
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 - dri...
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 Nat...
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-f...
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...
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 benc...
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...
Rupee Edges Lower Against US Dollar
Brent crude futures, the global oil benchmark, declined 1.36 per cent to $62.35 per barrel. from NDTV Profit - Latest https://ift.tt/3atY6...
Sensex Rises Over 200 Points, Nifty Firm Above 12,100
Sensex Nifty from NDTV Profit - Latest https://ift.tt/38uLHev
Sensex, Nifty Flat In Early Trade
At 8:30 am, the SGX Nifty futures were flat at 12,140.00. from NDTV Profit - Latest https://ift.tt/2TRdJwv
Sensex, Nifty Likely To Open Flat Today
At 8:30 am, the SGX Nifty futures were flat at 12,140.00. from NDTV Profit - Latest https://ift.tt/2NOmSlF
Finance Ministry Allows Three Last Dates For Filing GSTR-3B Returns
In past, glitches in the return filing system of GST Network were reported on the last day of filing of returns and trade and industry had t...
Withdrawing, Transferring Funds Becomes Easier For EPFO Account Holders
The date of exit plays an important role in PF transfers and settlements. It is mandatory for the date of exit tobe updated on the EPFO port...
Adani Group To Become World's Largest Solar Power Company By 2025: Adani
"Given our goal to become the world's largest solar power company by 2025 and the world's largest renewable power company by 20...
L&T Net Profit Rises 15% At Rs 2,352 Crore In Third Quarter
The infrastructure major's Q3 gross revenue grew 6 per cent to Rs 36,243 crore; the international revenue during the quarter stood at 12...
Budget 2020 Will Have Plan Of Action On Economy: Prakash Javadekar
The government will unveil its "plan of action" to boost the economy in the Union Budget to be presented on February 1, Union Mini...
Budget May Offer Production Incentives For Semiconductor Makers
For 'Make in India', there may be investment-linked income tax exemptions under Section 35AD of the Income Tax Act and other indirec...
Axis Bank Profit Rises 5% To Rs 1,757 Crore In December Quarter
Axis Bank's core income - net interest income - or the difference between interest earned on loans and interest expended on deposits ros...
Sensex, Nifty Fall For Third Day In A Row As Banking, Metal Shares Drag
In the last three trading sessions, the Sensex has fallen 830 points or 2 per cent and the Nifty has plunged 245 points or 1.98 per cent. ...
Asian Paints Profit Jumps 20% In December Quarter
Shares in Asian Paints briefly edged higher after the earnings announcement before returning to the negative territory. from NDTV Profit -...
AGR Dues: Telecom Department To Set Separate Deadline For Non-Telcos
"The January 23 deadline is not applicable to them (the non-telecom companies or PSUs). There will be a separate date of compliance for...
Opinion: India's $21 Billion Telecom War Comes Down to $2
Of the 15 firms facing long-contested demands, most have shut down, sold out or ended up insolvent. All eyes are now on Vodafone Idea. fro...
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 o...
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 Centr...
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 presentatio...
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. from NDTV...
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 Indi...
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 poli...
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 s...
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 -- an...
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 o...
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 41.5...
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. from NDTV Profit - L...
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 off...
More Trouble For Economy, Direct Tax Collections In Negative Zone: Report
Government sources said that direct tax collection in the current fiscal up to January 15 has fallen by 6.1 per cent compared with the corre...
Railways Expecting Highest Capital Expenditure Outlay In Budget: Report
Before 2016, the Union Budget and Railway budget were presented separately in India. However, the 92-year tradition was scrapped by the then...
Rupee Falls For Fourth Straight Day, Settles At 71.21 Against Dollar
At the interbank foreign exchange market, the local currency opened on a weak note at 71.17. During the day, it saw a high of 71.13 and a lo...
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 risin...
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 air...
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). from NDTV Prof...
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 t...
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. Th...
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. from NDTV...
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 plat...
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...
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 th...
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 governme...
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-Decem...
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 ...
India's 2019 Domestic Air Passenger Traffic Up Nearly 4%
However, on a sequential basis, the 2019 growth rate was far lower than the 18.60 per cent increase in passenger traffic during 2018. from...
Nearly 1 In Every 4 Graduates Looking For A Job, Says Report
India's current unemployment rate stands at 7.5 per cent as per Centre for Monitoring Indian Economy (CMIE). However, the unemployment r...
IMF Lowers India Growth Forecast To 4.8% For Current Financial Year
IMF Chief Economist Gita Gopinath said growth in India slowed sharply owing to stress in the non-bank financial sector and weak rural income...
IMF Cuts Global Growth Forecasts Over -Sharp Slowdown- In India: Report
The IMF said global growth would reach 3.3 per cent in 2020, compared to 2.9 per cent in 2019, which was the slowest pace since the financia...
New Board To Take Over Unitech As Top Court Approves Centre's Proposal
The new board chaired by Mr Malik will file a report on the resolution framework to sort out the housing mess of Unitech within two months. ...
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 Bu...
Budget 2020 May Push Medium Term Fiscal Policy Target To 2022-23: Report
The fiscal deficit for FY20 and its roadmap for FY21 could be heading towards a recalibration with the February Budget slated to hint at the...
Sensex Slumps 416 Points As Corporate Earnings Fail To Enthuse Investors
Nine of 11 sector gauges compiled by National Stock Exchange ended lower led by the Nifty Media index's 1.9 per cent fall. from NDTV P...
Telecom Firms Move Top Court To Seek Relief In AGR Matter
According to the telecom department, Bharti Airtel owes around Rs 23,000 crore, Vodafone Idea Rs 19,823.71 crore and Reliance Communications...
Thermal Coal Imports Fall For Third Month In A Row In October
Imports of thermal coal - used mainly for electricity generation - fell 10.7 per cent to 15.62 million tonnes in October. from NDTV Profit...
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 R...
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 ...
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. ...
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. from NDTV Pr...
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 ...
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 Januar...
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, Rel...
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. from NDTV P...
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 in...
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 Bu...
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 o...
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. from NDTV Profit - Latest https://ift.tt/30D3RYP...
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 ...
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. from NDTV Profit - L...
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. ...
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. from NDTV Profit - Latest h...
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 infrastructu...
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 de...
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 phon...
Petrol, Diesel Prices Cut For Fourth Straight Day
Petrol, Diesel Rate Today: Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on...
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 discri...
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 refus...
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...
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 w...
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...
Moody's Places Yes Bank's Ratings Under Review
The agency said that the "standalone viability of Yes Bank is getting increasingly challenged by its slowness in raising new capital...
Reliance Jio Net Profit Jumps 62% at Rs 1,350 CroreIn December Quarter
Commenting on the results, Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries, said, -Jio has continued on its unpreceden...
Reliance Industries Posts Record Profit Of Rs 11,640 Crore In Q3
Reliance Industries' gross refining margins (GRM) - a measure of how much the company has earned by refining a barrel of crude oil - dec...
Rupee Drops 15 Paise To 71.08 Against US Dollar
During the week, the domestic unit lost 14 paise. Global crude benchmark Brent was trading 0.51 per cent higher at USD 65 per barrel. The do...
Foreign Exchange Reserves Hit Record High Of $461.21 Billion
The country's foreign exchange reserves rose by $58 million to reach a life-time high of $461.21 billion in the week to January 10. fr...
HSBC Cutting Around 100 Staff In Equities Business: Report
HSBC said it could not provide a comment as the bank is in a closed period ahead of reporting full-year results for 2019.The cuts come as th...
More than 300 Items May See Customs Duty Hike In Budget
The Commerce and Industry Ministry in its budget recommendations has proposed rationalisation of basic customs on over 300 items across sect...
TCS December Quarter Profit At Rs 8,118 Crore
TCS' revenue in constant currency terms rose 6.8 per cent year-on-year, the company said in an earnings release. from NDTV Profit - La...
How Indian Economy Fares Globally Ahead Of Union Budget 2020
India and China had the same GDP in 1950 and China's GDP per capita lagged countries such as Cambodia, Kenya and Sierra Leone as late as...
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. from NDTV...
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 a...
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...
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 the...
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 T...
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 l...
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 usag...
Markets Have A Subdued Opening; RIL, TCS To Announce Q3 Numbers Today
Asian shares inched higher on Friday; MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.19% and Japan's Nikkei add...
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 a...
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 p...
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 ...
Markets Likely To Have A Muted Opening
Asian shares inched higher on Friday; MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.19% and Japan's Nikkei add...
SEBI Absolves Former NSE Boss And 8 Others In Co-Location Case
Last year, the regulator asked the NSE to cough up Rs 1,000 crore, including 12 per cent interest, for its alleged culpability in the case. ...
Airtel Considers Filing Curative Petition In Adjusted Gross Revenue Case
Curative petition is the last constitutional remedy available to a person whose review petition has been dismissed by the Supreme Court. f...
Rupee Drops By 11 Paise To Close At 70.93 On Dollar Demand
At the interbank foreign exchange market, the domestic currency opened on a strong note at 70.80 a dollar after the US and China signed an i...
GMR Infrastructure To Sell 49% Stake In Airports Business
According to a regulatory filing, Tata Group's TRIL Urban Transport Private Ltd will acquire stake in GMR Airports. from NDTV Profit -...
Budget 2020: CII Calls For Import Duty Cut In Medical Device Parts
CII also said a high custom duty of 10 per cent is applicable on the import of intra ocular lenses, and an overall duty of 25.52 per cent (i...
India, U.S. Closer To Resolving Some Trade Issues: Piyush Goyal
"With the U.S. we are at an advanced stage of dialogue to sort out some of the pressing issues," Mr Goyal said at a security confe...
Top Court Rejects Telecom Firms Plea For Review On Rs 92,000 Crore Dues
In a major setback for mobile service providers, the Supreme Court on Thursday rejected telecom companies' plea seeking a review of its ...
"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. from NDTV Pr...
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. from ND...
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 de...
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...
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 ...
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 bu...
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 ...
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 t...
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. from NDTV Profit - Latest https://ift.tt/2tnPT0...
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-d...
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 ...
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. from NDTV Profit - Latest https://ift.tt/30qCL7...
Michael Patra To Head Monetary Policy Wing At RBI
As Executive Director, Mr Patra was already a member of the RBI's Monetary Policy Committee (MPC). He will now handle the monetary polic...
Banks Asked To Provide Facility To Switch On, Off Cards To Prevent Frauds
The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers to switch on and off their debit or credi...
Budget Estimates From Disinvestment Likely To Be Rs 1 Lakh Crore: Report
The Union Budget is likely to keep the disinvestment estimates at almost the same level as in the current fiscal, people in the know of the ...
OPEC Expects Lower Demand For Its Oil As US Hits New Milestone
US liquids output will reach 20.21 million bpd in the fourth quarter of 2020 - almost meeting US demand of 21.34 million bpd, OPEC said. f...
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 ...
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. fro...
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 fro...
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. f...
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,...
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. ...
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 an...
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 an...
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 econ...
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 signi...
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 - ...
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....
Housing Sales Decline 30% In October-December: Report
A total of 64,034 homes were sold across nine key markets during the third quarter of the financial year 2019-20. from NDTV Profit - Lates...
Bengaluru Bank Vows To Return Every Penny, Depositors Panic
Hundreds of Sri Guru Raghavendra Sahakara Bank depositors on Tuesday showed up to withdraw the Rs 35,000 allowed by the RBI. from NDTV Pro...
Budget May Offer Flat Tax Rate Sans Exemptions To Individuals: Report
At present while individual income upto Rs 2.5 lakh per annum is exempt from tax, a 5 per cent tax is levied for income between Rs 2.5 lakh ...
India-China Trade Dips By Nearly $3 Billion In 2019
China's exports to India increased by 2.1 per cent last year totalling to 515.63 billion yuan while India's imports to China decreas...
Gold Hallmarking Process To Begin Tomorrow. Here's All You Need To Know
Mandatory hallmarking process of gold jewellery and artefacts will begin from tomorrow, Ministry of Consumer Affairs said in a press release...
Elon Musk Nears Record $346 Million Pay As Tesla Market Value Soars
A full payoff for Mr Musk, who is also the majority owner and CEO of the SpaceX rocket maker, would surpass anything previously granted to U...
Electricity Demand Grows At Smallest Pace In Six Years
Power demand rose 1.1 per cent in 2019, the smallest rise since 2013, data compiled by the Central Electricity Authority showed. from NDTV...
Expression Of Interest Sought To Sell IL&FS Waste Management Business
The IL&FS notification said that interested and eligible parties can submit their EoI by 5 p.m. on January 25. from NDTV Profit - Late...
Wipro Profit At Rs 2,455.9 Crore In December Quarter
Its total revenue came in at Rs 15,470.5 crore in the third quarter of the current financial year, as against Rs 15,125.6 crore in the July-...
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, m...
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 whe...
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 Bengalur...
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. from NDTV Profit ...
Career Central Banker Michael Patra Appointed RBI Deputy Governor
A career central banker, 59-year-old Mr Patra is currently executive director in charge of the RBI's research department and has a seat ...
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 en...
Wholesale Inflation At 2.59% In December
Food wholesale inflation was at 11.05 per cent in December as against 9.02 per cent in the previous month, the data showed. from NDTV Prof...
Petrol Rate Cut For Third Day In A Row, Diesel Price Unchanged
Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on a daily basis and implemen...
Stagflation Threat Looms For Former World-Beating Economy India
Economists are forecasting a rebound in growth to 6.2 per cent in the fiscal year through March 2021, although much will depend on how quick...
Sensex, Nifty Fall In Early Trade
On Monday, the S&P BSE Sensex and the NSE Nifty benchmark indices registered new record closing highs. The Sensex ended 259.97 points - ...
Visa To Buy Fintech Startup Plaid In $5.3-Billion Deal
Visa and rival Mastercard Inc had invested in Plaid in a $250 million series C funding round in 2018 that reportedly valued the firm at $2.6...
Sensex, Nifty Likely To Open Higher Today
On Monday, the S&P BSE Sensex and the NSE Nifty benchmark indices registered new record closing highs. The Sensex ended 259.97 points - ...
Amendments To Tariffs For Cable Services More Consumer-Friendly: TRAI
Amendments to the new regulatory framework for cable and broadcasting services were aimed at providing freedom to broadcasters. from NDTV ...
Government To Make Single Regulator For Pension Products: Report
The proposals were submitted by the Pension Fund Regulatory Authority of India to the finance ministry in December. from NDTV Profit - Lat...
Competition Watchdog Orders Probe Against Amazon, Walmart's Flipkart
The investigation order comes in a week when Amazon chief Jeff Bezos is expected to visit India for a company event. from NDTV Profit - La...
Broadcasters Will Ask Court To Halt New Tariff Rules: Report
The move came as the Telecom Regulatory Authority of India (TRAI) defended its decision to curb excessive pricing. from NDTV Profit - Late...
Low Base Effect Will Impact Inflation Going Ahead, Say Experts
Retail inflation accelerated to 7.35 per cent in December due to high food prices, government data showed on Monday. from NDTV Profit - La...
SBI's New Home Financing Scheme A Lifeline For Builders, Buyers
State Bank of India on Wednesday said it will finance both builders and homebuyers, charging developers a premium and offering the latter a ...
Retail Inflation At 7.35% In December, Breaches RBI Goal For Third Month
That marked the third month a row in which consumer inflation - or the rate of increase in consumer prices - came in above the Reserve Bank ...
Budget 2020: Industry Body Calls For Reduction In Customs Duty On Cement
Industry body CII has suggested that the customs duty should be reduced to 5 per cent from the existing 10 per cent. from NDTV Profit - La...
Industry Body Calls For Higher Duty On Import Of Fruit, Vegetable Pulps
Duty on import of fruit and vegetable pulp and concentrates be enhanced to at least 3 times the duty rate applicable for the respective frui...
Oyo Shuts Door On Employees In India, China
According to reports, SoftBank has given Oyo a deadline of March 31, 2020 to phase out contracts or businesses, which are not EBITDA-profita...
Telecoms Regulator Defends New Tariff Rules After Broadcasters' Criticism
Telecom regulator said on Monday its new tariff rules for cable and digital television players were fair and aimed at curbing excessive pric...
Deadline Extended For Indigo To Replace Pratt And Whitney Engines
The Directorate General of Civil Aviation (DGCA) on Monday announced the extension of the deadline for IndiGo to replace about 135 unmodifie...
Infosys Profit Beat Powers Sensex, Nifty To Close At Record Highs
The S&P BSE Sensex and NSE Nifty 50 indexes closed at record highs on Monday powered by surge in Infosys which rose after beating profit...
Industry Body For Lower Custom Duty For Electric Vehicle Battery Imports
Industry Body Confederation of Indian Industries (CII) has called for imposition of lower custom duty for battery importers of electric vehi...
Cotton Exports Gain Pace As Overseas Price Rise, Rupee Weakens
Rising exports from India could put pressure on global prices for cotton, which are trading near their highest in eight months. from NDTV ...
Opinion: India Must End Yes Bank's Theater Of The Absurd
More loan losses lie around the corner. With 40 per cent of deposits coming from fickle wholesale sources, solvency and liquidity risks are ...
Walmart Fires 56 Executives Including Eight From Senior Management
Krish Iyer, president and CEO of Walmart's India unit, said that a press report of a second round of layoffs in April was baseless, acco...
Infosys Zooms After Posting Stellar Q3 Numbers, Clean Chit To Top Brass
The Bengaluru-based IT services company also raised its revenue guidance in constant currency terms for the ongoing financial year to range ...
RBI Buys Net $6.93 Billion In Currency Market In November
In the forwards market, the RBI said it had a net outstanding sell position of $6.1 billion as of end-November, down from $7.47 billion at t...
Petrol, Diesel Prices Cut For Second Straight Day
Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on a daily basis and implemen...
Walmart To Wind Up Physical Presence In India, Fires Many: Report
The brick-and-mortar exit comes after a decade of struggle in India, whose government has repeatedly stymied global consumer brands in order...
Sensex Jumps Over 250 Points As Markets Scale New All-Time Highs
Domestic stock markets clocked all-time highs on Monday amid strong gains in Asian peers where equities held hear 19-month highs. The S&...
Sensex, Nifty Likely To Open Higher Today
The S&P BSE Sensex index had ended 147.37 points - or 0.36 per cent - higher at 41,599.72 on Friday, and the broader NSE Nifty benchmark...
Petrol, Diesel Prices Cut After Three Hikes In A Row
Domestic petrol and diesel prices are reviewed by oil marketing companies on a daily basis. Price revisions are implemented at the fuel stat...
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 gove...
Government Wants To End The Era Of Slow Moving Trains: Piyush Goyal
He dismissed speculations of privatisation of the railway network, but highlighted the need for a public-private partnership (PPP) funding m...
India Aiming At $250-Billion Maritime Economy By 2024: Defence Secretary
The maritime economy constitutes nearly five per cent of the world economy, Defence Secretary Ajay Kumar said. from NDTV Profit - Latest h...
Industry Body Calls For Reduction In GST On Automobiles To 18%
The crisis in the auto sector presents a major problem for the government as it accounts for nearly half of the country's manufacturing ...
Budget Components Explained: What To Find Where In Budget
For example, the Demand for Grant documents detail the estimated expenditure by each ministry or department in the coming financial year. ...
Opinion: Personal Tax Rate Cuts A Reality?
Policymakers have a fair bit of elbow room to please the individual taxpayer by tweaking the slabs. from NDTV Profit - Latest https://ift....
Saudi Aramco Raises IPO To Record $29.4 Billion Through Greenshoe Option
A greenshoe option, or over-allotment, allows companies to issue more shares in an IPO when there is greater demand from participants during...
Amazon Boss Jeff Bezos To Face Protests From Traders During India Trip
He has also sought meetings with the prime minister and other government officials, with conversations expected to centre around e-commerce,...
Will Not Support Fiscal Tightening, Says Abhijit Banerjee Ahead Of Budget
Reacting to questions about the Centre's plans to cut approximately Rs 3,000 crore from the education budget, Mr Banerjee said that it w...
ED Attaches Rs.78.15 Crore Assets Of Chanda Kochhar, Family
The ED said its probe had revealed that loans were refinanced and new loans aggregating to Rs 1,730 crore sanctioned to Videocon Industries ...
India's Forex Reserves Rise To Over $461 Billion
India's forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and India's reserve pos...
RBI Unveils 5-Year National Strategy For Financial Inclusion
Currently, the Pradhan Mantri Jan Dhan Yojana (PMJDY) is the government's financial inclusion programme, applicable to the 10 to 65 year...
Housing Sales Rise 1% In 2019, Launches Up 23%: Knight Frank
Mumbai had the highest quantum of unsold inventory at 1,45,301 units, followed by the National Capital Region (NCR) at 1,22,084 units. fro...
Top 10 Indian Firms Set For 23% Profit Jump In October-December Quarter
Median profit at companies on the Nifty 50 - the country's main stock index - is expected to have risen 10.7 per cent in the December qu...
Tata Jaguar Land Rover's Sales Decline 6% In 2019
JLR's retail sales stood at 557,706, down 5.9 per cent compared to 2018 owing to "challenging industry conditions across markets...
Industrial Output Rises 1.8% in November
The cumulative growth for April-November over the corresponding period the previous year was 0.6 per cent. from NDTV Profit - Latest https...
Rs 87,000 Crore Needed To Meet Disinvestment Target: Report
The other disinvestments in FY20 so far have been -- Bharat 22 ETF FFO 2 (Further Funds Offer) at Rs 4,368.80 crore and IRCTC listing fetchi...
Government To Seek RBI Dividend Lifeline Amid Revenue Shortfall: Report
The fresh call comes just months after the Reserve Bank of India (RBI) approved Rs 1.76 lakh crore dividend payment to the federal governmen...
Yes Bank Board Member Quits Citing Corporate Governance Concerns
Mr Agarwal, in a resignation letter seen by Reuters, said there are "serious concerns" around deteriorating corporate governance s...
Infosys Reports Profit Of Rs 4,457 Crore; Raises Revenue Guidance
Infosys' revenue jumped 2 per cent to Rs 23,092 crore compared with Rs 22,629 crore in the previous quarter. from NDTV Profit - Latest...
Infosys Audit Committee Finds No Evidence of Financial Impropriety
"The Audit Committee conducted a thorough investigation with the assistance of independent legal counsel Shardul Amarchand Mangaldas ...
Nifty Fails To Sustain Record High, Closes At 12,257;Sensex Up 147 Points
The gains have however been muted compared to the tear-away rally witnessed in the previous session. The Sensex had galloped by as much as 6...
Sensex Hovers At 41,500, Nifty Off Record Highs; Banking Stocks Drag
At 2.30 pm, the BSE Sensex had shaved off 270 points from its intra-day highs of 41,775 to trade at 41,505, higher by 45 points or 0.1 per c...
Domestic Car Sales Decline 8.4% In December; Production Down 12.5%: SIAM
Sales of commercial vehicles which include medium and heavy commercial vehicles dropped 31.7 per cent year-on-year to 21,388 units. from N...
Zomato To Raise $150 Million From Ant Financial
Zomato's top shareholder Info Edge (India) Ltd said in a filing on Friday that after the funding its stake will drop to about 25.13 per ...
Battered Rupee To Extend Losing Streak This Year: Poll
The rupee is expected to weaken over 1 per cent to 72.00 per dollar in a year, lining up with expectations in the wider poll for the dollar...
Nifty Scales All-Time High At 12,301, Sensex Climbs 300 Points
U.S. President Donald Trump had refrained from ordering military action and Iran's foreign minister said the missile strikes on Iraqi ba...
Setback For Cyrus Mistry As Top Court Puts On Hold NCLAT Order
The development comes a week after the Tatas approached the top court challenging the restoration of Cyrus Mistry as chairman of the group b...
SC to hear on Friday Tata Sons' plea challenging NCLAT decision
TSPL has challenged the December 18 decision of the National Company Law Appellate Tribunal (NCLAT) that gave a big relief to Cyrus Investme...
Government Allows Joint Property Owners To File Returns With Simple Forms
The clarification has come days after the government modified the eligibility for filing the returns in ITR-1 and ITR-2, stating that those ...
HDFC Completes Acquisition Of Apollo Munich Health Insurance
"The acquisition was approved by the Competition Commission of India (CCI), the Reserve Bank of India and the Insurance Regulatory and ...
Axis Bank Loses 15,000 Staff In 9 Months, Hires 28,000 More
"The bank is expanding fast and last year has been a year of large number of new hirings; substantially higher numbers compared to last...
Rupee Likely To Beat Most Asian Rivals This Year, Says Top Forecaster
The rupee was Asia's second-worst performer in 2019 despite about $18 billion inflow into Indian bonds and equities. from NDTV Profit ...
Sensex Up 150 points, Nifty Above 12,250 As Markets Gain For Second Day
The Asian benchmark indices, including Hang Seng, Nikkei and Straits Times, are trading marginally in the green this morning post the strong...
Markets May Have A Flat Opening Following Mixed Cues From Asia
U.S. President Donald Trump had refrained from ordering military action and Iran's foreign minister said the missile strikes on Iraqi ba...
Tribunal Seeks Clarity On Proceedings Against Auditors In IL&FS Case
Counsels of the both the audit firms said that the firms cannot be prosecuted as they are no more the statutory auditors of IFIN and are not...
Domestic Passenger Traffic Up 11% In November: Travel Body
The country's domestic available passenger capacity -- measured in available seat kilometres (ASKs) -- rose 5 per cent on a YoY basis. ...
PM Modi Holds Pre-Budget Meet With Industry, Bankers, Economists; Report
Ahead of Budget 2020-21, Prime Minister Narendra Modi on Thursday met here with around 40 economists, industry heads, experts, bankers and e...
Vistara Announces 5th Anniversary Sale With Fares Starting At Rs 995
Vistara, the country's newest full-service carrier, on Thursday announced its fifth anniversary sale with all-inclusive one-way fares st...
Government Reviewing Anti-Trust Complaint Against Maruti Suzuki: Report
The Competition Commission of India (CCI) in June last year received an anonymous complaint alleging insurance plans recommended by Maruti w...
Asset Sales To Fall Short Of Government's Target By Nearly Half: Report
Government has achieved only about 17 per cent of the disinvestment target so far this year, while tax collections are 46 per cent of the bu...
Sensex Ends Over 600 Points Higher, Nifty Reclaims 12,200
Buying across sectors barring information technology shares - led by banking, auto, metal and energy shares - pushed the markets higher. f...
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 Nat...
Shadow Banking Credit Disbursal To Remain Weak In India: World Bank
Total NBFC sanctions fell to Rs 1.9 lakh crore at the end of September from Rs 2.9 lakh crore during the same period last year. from NDTV ...
Union Budget To Be Presented On February 1
Finance Minister Nirmala Sitharaman will present the Union Budget for financial year 2020-21 on February 1. This will be the first full-year...
Crude Oil Price Trims Recent Losses As Middle East Tensions Ease
Prices had soared in response to the killing of an Iranian general in an American air strike last week and Iran's retaliatory attack on ...
Sensex, Nifty Jump In Early Trade As Mideast Tensions Ease
Sensex NiftyaOn Wednesday, the S&P BSE Sensex index had ended 51.73 points - or 0.13 per cent - lower at 40,817.74 and the broader NSE N...
Sensex, Nifty Likely To Open Higher Today As Mideast Tensions Ease
Sensex NiftyaOn Wednesday, the S&P BSE Sensex index had ended 51.73 points - or 0.13 per cent - lower at 40,817.74 and the broader NSE N...
Banking Services Impacted; Many ATMs Go Dry Due To Strike
Several ATMs went dry by the evening as people rushed for cash withdrawal as they had prior information about the strike. from NDTV Profit...
Supreme Court Stays Bombay High Court Order In Adani Coal Import Case
"We are staying the order of the High Court," the bench comprising Chief Justice S A Bobde, Justice B R Gavai and Justice Surya Ka...
Maruti Suzuki Saw 7.8% Production Rise In December 2019
In total, the mini and compact sub-segments posted production figures of 88,061 as opposed to 72,643 units. However, production of Ciaz slip...
Madhya Pradesh Banking Services Hit; Delhi, Mumbai Unaffected By Strike
Bharat Bandh 2020: Banking and transport services were hit in some parts of the country on Wednesday as workers affiliated to trade unions p...
Systematic Investment Plan Inflows At Rs 8,518 crore in December
The SIP inflow in November, 2019 stood at Rs 8,272 crore. Also, the total number of SIP accounts increased to 2.97 crore. from NDTV Profit...
Reliance Jio Launches Voice & Video Wifi Calling
"To further reinforce its customer-obsession and offer the best products and experience to its consumers, Jio today announced the launc...
Cabinet Clears Disinvestment In Neelachal Ispat
"The Cabinet has approved divestment of some shares of six companies held in Neelachal Ispat," Information and Broadcasting Minist...
Cabinet Approves Ordinance For Coal Mining
It would also do away with the requirement of previous approval in cases where allocation of blocks was made by the Centre. from NDTV Prof...
Sensex, Nifty Edge Lower Amid Geopolitical Tensions In Middle East
Nine of 11 sector gauges compiled by NSE ended lower led by the Nifty Auto index's 0.75 per cent fall. from NDTV Profit - Latest https...
Sensex Down Over 100 Points, Nifty Near 12,000 As Markets Trim Losses
Domestic stock markets pared most of intraday losses in afternoon deals on Wednesday as oil prices surged after Iran fired missiles at Ameri...
Opinion: Indian Economy, Worst in 42 Years, Needs An Honest Look
Consumer demand is in the doldrums and government spending - the only thing supporting growth - is bound to be pruned in the closing months ...
NITI Aayog Calls For Talks On Private Participation In Passenger Trains
At present, the plan is to run 150 private passenger trains on select 100 routes and Ministry of Railways is working on a roadmap to impleme...
Time Right For Government To Boost Spending, Widen Fiscal Deficit: Report
The government in its budget in July had proposed to bring down the fiscal deficit to 3.3 per cent in the current fiscal year ending March 2...
PM Modi Seeks Advice From 130 Crore Indians For Budget 2020
Government is expected to announce tax concessions for individuals and increase spending on infrastructure after cutting corporate tax rates...
Asia's Richest Banker, Top Conglomerate: India Inc's Big Week in Court
The Bombay High Court on Thursday will resume -- after five months -- hearings on Kotak Mahindra Bank Ltd.'s case against the Reserve Ba...
Budget Deficit Could Widen To 3.8% of GDP, Breaching Target: Report
The government is facing a revenue crunch as economic growth slows, putting pressure on the budget. from NDTV Profit - Latest https://ift....
Tens Of Thousands Join Nationwide Strike As Economic Slowdown Hits Jobs
More than 10 national trade unions affiliated to left-wing parties, including the main opposition Congress, have called for a nationwide pro...
Petrol, Diesel Prices On Hold After Six Days Of Hike
Currently, petrol and diesel prices in India are reviewed by oil marketing companies on a daily basis and any changes - to bring the prices ...
Sensex Plunges Over 350 Points As Oil Surges After Iran Attacks US Forces
Domestic stock markets started Wednesday's session on a negative note tracking losses in Asian peers as oil prices surged after Iran fir...
Crude Oil Hits 4-Month High As Iran Strike On US Forces Jolts Markets
Analysts said market tension could ease as long as oil production facilities remain unaffected by attacks. from NDTV Profit - Latest https...
Sensex, Nifty Likely To Open Lower Today
Sensex Nifty from NDTV Profit - Latest https://ift.tt/2Fy4E3i
Oil Slips As Investors Reassess Mideast Risks
Prices surged during the previous two sessions, with Brent reaching its highest since September while WTI rose to its strongest since April....
Housing Sales Rise 1% In 2019, Launches Up 23%: Knight Frank
Mumbai had the highest quantum of unsold inventory at 1,45,301 units, followed by the National Capital Region (NCR) at 1,22,084 units. fro...
IndiGo To Start Bengaluru-Agra Direct Flights By Early March
This flight will prove a boon for people not only in Agra but also for businessmen from neighbouring districts like Aligarh, Mathura, Firoza...
Top Court To Hear Tata Sons Plea Against Tribunal's Order On January 10
Tata Sons has challenged the NCLAT's December 18 decision, which ruled in favour of Mr Mistry, and ordered he be restored as the Executi...
Nirmala Sitharaman Tells Traders GST Will Be Simplified Further
Ms Sitharaman assured traders that the government is making all attempts to simplify and rationalise the GST structure. from NDTV Profit -...
Government Predicts Slower 5% Growth, Likely Prompting Budget Stimulus
Most private economists have lowered India's growth forecast to around 5 per cent for the 2019-20 fiscal year, after the central bank cu...
Coal India Output To Be Affected By Strike On Wednesday, Says Official
Coal India's December production rose after five straight months of declines, the latter reflecting the heaviest monsoon rains in 25 yea...
Sensex Ends 193 Points Higher, Nifty Reclaims 12,050
India, the world's third-biggest oil consumer, imports about 80 per cent of its oil needs, making it highly susceptible to crude price s...
Adani, NTPC Seek Extension Of Deadlines To Curb Coal Plant Emissions
The requests mean the two biggest power producers in India are pressuring the government to delay emissions targets for a second time, citin...
January 8 Strike To Have Minimal Impact On Operations, Says SBI
All India Strike: The CITU also said that during the talks on January 2, Labour Minister assured that the government has been taking all ste...
Gold Prices Dip As US-Iran Tensions Ebb
Spot gold fell 0.4 per cent - its biggest daily percentage decline in about a month - to $1,559.11 per ounce. from NDTV Profit - Latest ht...
Markets Off Day's Highs, Sensex Up 250 Points, Nifty Breaks 12,100
At 11.50am, the Sensex had shaved off around 300 points and was quoting at 40,965, up 289 points or 0.7 per cent, after touching an intra-da...
Government To Refund Rs 104 Crore To RCom
The Department of Telecom has already adjusted Rs 30.33 crore. from NDTV Profit - Latest https://ift.tt/2QNcJXi
Sensex Soars 500 Points, Nifty Near 12,150 As Global Markets Rebound
Domestic stock markets started Tuesday's session on a strong note a day after plunging nearly 2 per cent amid surging crude oil prices a...
Sensex, Nifty Likely To Open Higher Today
Oil surrendered hefty gains as some speculated Iran would be unlikely to strike against the US in a way that would disrupt supplies, and its...
Government Plans To Cut Spending To Curb Deficit: Report
Asia's third largest economy, which is growing at its slowest pace in over six years because of lack of private investment, could be hur...
India Less Affected By Global Economic Slowdown: Rajnath Singh
"So far as the economy is concerned, some people say that the growth rate has declined. But the truth is downturn has affected most of ...
Crude Oil Price Rises Over 1% To Cross $70 Per Barrel Mark
U.S. West Texas Intermediate crude was at $63.77 a barrel, up 72 cents, or 1.14%, after touching $64.72, the highest since April. from NDT...
Rupee Declines To End At 71.93 Against Dollar As Crude Oil Price Rises
The rupee moved lower against the US dollar on Monday as crude oil prices continued to rise amid supply concerns. The rupee started lower at...
Amazon India Rides On Future Group To Face Reliance's Jiomart
"Amazon and Future Retail share common values of serving customers everywhere in the best possible manner," said Kishore Biyani, C...
Why Sensex Plunged 788 Points Today, Its Worst Day In Six Months
Forty six out of 50 shares in the Nifty 50 basket ended lower. State Bank of India was top Nifty loser, the stock declined 4.6 per cent. f...
Gold Prices Hit Record High On Safe-Haven Rush, Weak Rupee
Local gold futures hit an all-time high of Rs 41,096 per 10 grams, taking their gains to more than 5 per cent in 2020 after rallying nearly ...
Markets Slump Amid Rising US-Iran Tensions; Sensex Drops Over 650 Points
The markets went into a tailspin on Monday after a United States' air strike in Iran ratcheted up tensions in the Middle East. from ND...
Buoyant Demand Boosts Services Activity To Five-Month High In December
The findings are likely to provide some relief to markets and spur hopes of an economic recovery in Asia's third-largest economy. from...
Gold Jumps To Near 7-Year High On US-Iran Tensions; Palladium Tops $2,000
Gold surged close to a seven-year peak on Monday, as investors flocked to the safe-haven metal on escalating US-Iran tensions. from NDTV P...
Oil Surges Again After Trump Threatens Iraq Sanctions, Iran Retaliation
US West Texas Intermediate crude was at $64.39 a barrel, up $1.34, or 2.1 per cent, after touching $64.44 earlier, the highest since April. ...
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