Business
NSE Adds Three Members to Broad Nifty 50 Index, Removes Four
To make room for the new entries, National Stock Exchange will remove ACC Ltd, Bank of Baroda, Tata Power Co Ltd, and Tata Motors Ltd's deferential voting rights (DVR).
IISCO Steel Plant to Aid SAIL's Long Products Market Share Rise up to 10%
The IISCO Steel Plant is in the phase of reinventing its processes and deliver world class products to the market.
Sensex Climbs Over 110 Points After Asian Uptrend
The 30-share index was up 110.18 points -- 0.34 per cent -- at 31,678.19. It had gained 309.16 points in the previous two sessions.
Common Use Items Exempt from E-way Bill Provision Under GST
The Goods and Services Tax (GST), rolled out from July 1, mandates obtaining permits called e-way bills for transporting goods consignment of more than Rs 50,000 in value with a view to checking tax evasion.
SEBI Slaps Rs 28 Lakh Fine on Promoters of Hydro S&S Industries
According to the regulator, five promoters of the firm --Vidya Srinivasan, V Srinivasan, Murali Srinivasan Venkatraman, Narayan Sethuraman and Suchitra Murali Balakrishnan -- had executed inter-se transfer of shares among themselves in March 2011, October...
Sensex Jumps 191 Points, Ignores Weak IIP Data
On similar lines, the NSE Nifty rose 62.20 points, or 0.64 per cent, to 9,773.
Japan Economy Posts Longest Expansion in Over a Decade
The growth in Japan's GDP -- 4.0 per cent at an annualised rate -- blew past market expectations for a 0.6 per cent rise, and was well up from a 0.4 per cent expansion in the first quarter, according to figures from the Cabinet Office.
Defence Ministry Wants Non-lapsable Capital Fund, Writes to Finance Ministry
The details of the demand by the defence ministry to roll out the capital fund account have been mentioned in a latest report by the parliamentary standing committee on defence which was tabled in Lok Sabha on Thursday.
RBI Cuts Key Rate by 25 Basis Points, Home and Auto Loans to Get Cheaper
This is the first rate cut since October 2016 and the interest rate is now at 6-year low.
Stock Indices Make a Strong Opening Ahead of RBI Decision
The 30-share Sensex spurted by 111.31 points, or 0.34 percent, to hit a new peak of 32,686.48, breaking its previous intra-day record of 32,672.66 hit on July 27.
ITR FY2016-17 Deadline Extended to August 5th 2017, Still Why You Must File Your ITR asap
If you still procrastinate the whole process and wait for the next deadline August 5th 2017 then chances are that you will not be able to gather all the above documents in time on a single day.
Fake Currency Reports Double; Leads to Seizure of Rs 562cr in 2015-16
The report of the Financial Intelligence Unit (FIU), the premier technical snoop wing under the Finance Ministry, said the financial year 2015-16 saw a "record increase" in the detection of such instances.
Sensex Hits Fresh Peak of 32,135.91; Nifty at 9,939.30
The 30-share Sensex rose by 107.02 points, or 0.33 per cent, to hit a new peak of 32,135.91, breaking its previous intra-day record of 32,131.92 hit on July 17.
I-T Dept Detects Rs 19,000 cr Black Money in ICIJ, HSBC Cases
Finance Minister Arun Jaitley said investigations into information, put into public domain by the ICIJ, pertaining to about 700 Indian persons allegedly linked to offshore entities based in no tax or low tax jurisdiction, have led to detection of more tha...
Govt Eyes USD 10 Billion Investment in Food Processing Sector
For this purpose, the government has launched Rs 6,000 crore 'Kisan SAMPADA Yojana' scheme for food processing, which will integrate current and new schemes.
BPCL Makes Its First US Oil Purchase, Buys Mars, Poseidon
State-run Bharat Petroleum Corp Ltd (BPCL) is the second Indian refiner to buy US Gulf crude after Prime Minister Narendra Modi's visit to Washington in June 2017.