Business
SBI Takes First Cue from RBI Governor, Lowers Lending Rates by 5 Basis Points
The new rates, effective Wednesday, is the third reduction by SBI in this financial year havng cut the rates by 5 bps each in April and May, while its home loan rates has come down by 20 bps during this period.
Gold Plunges Rs 600 on Weak Global Cues, Muted Demand, Falls to Rs 34,870 Per 10 Gram
In the Union Budget for 2019-20, the government proposed to increase customs duty on gold and other precious metals to 12.5 per cent from current 10 per cent
India Aims to Cut Stake in State-run Firms to Minimum in FY20: Report
India needed funds to meet its fiscal deficit target of 3.3 per cent set for this fiscal year to March 2020.
After Budget Scare, Sensex, Nifty Gear up for Quarterly Earnings of Companies
IT behemoths Tata Consultancy Services Ltd and Infosys are set to announce quarterly earnings on July 9 and 12, respectively. IndusInd Bank will also declare its first quarter results on July 12.
Budget's Infrastructure Push to Boost Demand for Steel: Industry
Finance Minister Nirmala Sitharaman on Friday announced a slew of steps to scale up the country's infrastructure, including augmenting 1,25,000 km of rural roads under the Pradhan Mantri Gram Sadak Yojana (PMGSY) at a cost of Rs 80,250 crore and creating...
Allocation for HRD Ministry Goes up, But Falls in Terms of Total Budget Share at 3.4%
The FM in her budget speech expressed the government’s determination to transform the education system in India.
Sitharaman Proposes Model Tenancy Law to Resolve Housing Problem across Nation
Once finalised, the finance minister said the new law will be circulated among states, adding that it is being done to push for reforms to promote rental housing.
Budget 2019: Govt Enhances Revenue Collection From Telecom Sector to Rs 50,519 crores
The Telecom sector is already under financial stress as collection in the last fiscal fell short by Rs 9,416.42 crores.
Vedanta Share Price Live: Vedanta Shares Fall by 4.12% as Nirmala Sitharaman Presents Union Budget 2019
Union Budget 2019: The BSE group ‘A’ stock of face value Re 1 has touched a 52-week high of Rs 270.65 on 22 May 2018 and a 52-week low of Rs 145.90 on 15 February 2019.
Budget 2019: Sitharaman Announces Setting Up of National Research Foundation; to be Chaired by PM Modi
India has potential to become education hub, Nirmala Sitharaman said while proposing Study in India programme to attract foreign students.
NTPC Share Price Live: NTPC Shares Fall by 4.74% as Nirmala Sitharaman Presents Union Budget 2019
Union Budget 2019: The NTPC stock has fallen over 6% in the last one year compared with the 12% rise in the benchmark Nifty 50 index.
ITC Share Price Live: As Union Budget 2019 is Announced, ITC Shares Rise by 0.58%
Union Budget 2019: The stock has just returned nearly 4% to investors in the last one year, compared with a 12% rise in the benchmark Nifty.
Coal India Share Price Live: Coal India Shares Fall by 3.33% as Nirmala Sitharaman Presents Union Budget 2019
Union Budget 2019: The stock has fallen 3% in the last one year, compared with a 12% rise in the benchmark Nifty 50 index.
Bajaj Finance Share Price Live: Bajaj Finance Shares Fall by 0.43% as Nirmala Sitharaman Presents Union Budget 2019
Union Budget 2019: The BSE group ‘A’ stock of face value Rs 2 has touched a 52-week high of Rs 3,564 on 11 June 2019 and a 52-week low of Rs 1,912 on 8 October 2018.
Taxing Times for Super Rich, Give-and-Take With Middle Class as First Post-poll Budget Cuts Down on Populism
The government increased import tariffs on nearly 75 items, including gold and automobile parts, to help pay for recapitalising banks and supporting small business in a bid to revive sagging growth.
Budget 2019: What is Fiscal Deficit | Fiscal Deficit Meaning and Definition
In the governments’ balance sheet, the difference between total revenue and total expenditure is termed as Fiscal Deficit.