Business

The Union Budget is the most extensive account of government finances. It is the annual statement of government’s revenues from all sources and expenses of all activities undertaken during the financial year.

HDFC Bank, ITC, Hindustan Unilever Ltd (HUL) and ONGC were among the companies that registered gains in their respective market capitalisations (m-cap) during the week to Thursday. Maruti Suzuki India was the only company to see a decline in valuation.

To be unveiled on February 1, the budget would be the last full Budget of the present NDA government. The companies are pinning hopes on a budget that focuses on the revival of consumer confidence, especially in the rural markets.

He said caste politics is prevalent in the country because people vote in the name of caste. “In any sphere of life, be it trade or politics, the ethical practices adopted socially get reflected in politics.

The 30-share index spurted by 85.38 points or 0.23 per cent at 36,247.02.

Speaking in Davos at a session of the World Economic Forum (WEF) Annual Meeting, Rajan said there is a risk that by the time the West goes to the emerging world for their support, they may have to answer quite a few questions about why they did not share...

ONGC, which is raising debt for the first time, said the one-year loan comprised Rs 106 billion rupees from Punjab National Bank, 44.60 billion rupees from Bank of India and 30 billion rupees from Axis Bank.

The benchmark BSE Sensex rose 159.98 points, or 0.44 per cent, to hit another record high of 35,957.99 and the NSE Nifty crossed the historical 11,000 mark for the first time in opening trade on Tuesday.

The oil ministry officials said the addition of refined products in GST will help reduce retail prices even if the government levies a charge on top of its highest GST rate of 28 percent.

The IMF said, the aggregate growth forecast for the emerging markets and developing economies for 2018 and 2019 is unchanged, with marked differences in the outlook across regions.

Observing that the Centre had acknowledged that socio-economic development goals could only be achieved on the foundation of a healthy population, Poonam Muttreja, the executive director of the Population Foundation of India, said this belief was reflecte...

With its stake sale in HPCL, the government's disinvestment receipt will work out to be Rs 91,252.6 crore.

Singapore and Japan were the next two sources of foreign direct investment (FDI), said the Census on Foreign Liabilities and Assets of Indian Direct Investment Companies 2016-17, released by RBI on Friday.

Negotiators from countries including Australia, Iran and the European Union have told the Indian side that investors are waiting to come in but the new treaty terms give too little protection, the source said.

The 30-share index rose 130.58 points, or 0.37 per cent, to 35,390.87. Sectoral indices led by infrastructure, FMCG, healthcare, realty and banking were trading higher by up to 0.65 per cent.

Forex dealers said the dollar was weak against other currencies overseas which supported the rupee.