Business
Sensex Settles at 27,117.34, Metal And Mining Stocks Shine
The 30-share Sensex moved both ways before settling at 27,117.34, up 82.84 points, or 0.31 percent. Intra-day, it moved between 26,963.58 and 27,167.79.
Budget 2017: Finance Ministry May Review Long Term Capital Gains Tax Regime
The finance ministry may review the long-term capital gains taxation regime ahead of the Union Budget 2017-18 with a view to increase financial markets’ contribution to the exchequer, Indian Express said quoting anonymous government sources.
Avoid Onslaught of Heavy Taxation on Tobacco: Farmers to Govt
The Federation of All India Farmer Associations (FAIFA) on Monday asked the government not to increase excise duty on tobacco in order to bring stability in farm prices of the crop.
Sensex Sheds 71 Pts on Weak Asian Cues
The National Stock Exchange Nifty too dropped by 22.15 points, or 0.26 per cent, to 8,327.20.
Restructured Education Loans Not to be Treated as NPAs: RBI
In order to encourage banks to provide education loans, RBI has said rescheduling of payment period of such loans due to unemployment of borrower will not be treated as restructured accounts for computing NPAs.
CBDT Puts Offshore Funds with India Exposure Tax Order on Hold
The Central Board of Direct Taxes (CBDT) has put on hold an order it issued in December that would have taxed offshore funds with exposure to Indian assets, in a move that will provide relief to foreign portfolio investors, venture capital funds and priva...
Rupee Climbs to Over 1-week High on Weak Dollar, GST Hopes
The rupee continued its impressive run against the broadly weak dollar for the second straight day, surging by a solid 15 paise to end at 67.95 amid hopes for a speedy roll-out of GST.
Rupee Gains 5 Paise Against US Dollar in Early Trade
The rupee strengthened by 5 paise to 68.05 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amidst higher opening in the domestic equity market.
Key Deals And Acquisitions in The Indian Banking Sector
These are the key deals in the Indian banking sector in the recent past, according to data culled from the India Brand Equity Foundation.
Smart Cities, Single Window Clearances, Real Estate Act: Government Initiatives for Sector
The Union government and the states have taken several initiatives to encourage the development in the real estate sector. The Smart City Project, which plans to build 100 smart cities, is an opportunity for real estate companies. Below are some of the ot...
Sensex Down 55 Points on Weak Global Cues
The benchmark BSE Sensex shed about 55 points and the NSE Nifty slipped below the 8,400-mark in early deals on Monday on sustained capital outflows by foreign funds and selling by retail investors amid weak global cues.
Arun Jaitley Looks to Break Deadlock at GST Meeting on Monday
Finance Minister Arun Jaitley will on Monday look to break the deadlock over the distribution of powers between centre and states to administer GST, an issue that is holding up the launch of the new national sales tax from April.
As Its Boss Moves to Tata HQ, Investors Fret Over TCS Future
Moving the head of Tata Consultancy Services to the top job at Tata Sons' holding company fills a critical hole for the salt-to-software conglomerate, but it leaves another at its most valuable company ahead of a complex and unpredictable 2017.
Natarajan Chandrasekaran, TCS Chief, Named Tata Sons Chairman
Natarajan Chandrasekaran, the CEO of Tata Consultancy Services, was named the new Chairman of Tata Sons on Thursday, signalling an end to the uncertainty that has gripped the $100 billion coffee-to-cars conglomerate since the sacking of Cyrus Mistry.
Market Rally Continues; Nifty Tops 8,400
NSE Nifty breached the crucial 8,400-mark and BSE Sensex gained 113 points in early trade on Thursday on sustained buying by domestic investors ahead of key macroeconomic data to be released later in the day.
RBI Doesn't Decide Anything, PM Modi Does: Amartya Sen
After two former RBI Governors Y V Reddy and Bimal Jalan, Nobel Laureate Amartya Sen on Tuesday raised questions on Reserve Bank's autonomy saying now a days the central bank does not decide anything and all decisions are taken by Prime Minister Narendra...