Business
Nifty ends below 8150, Sensex slumps 351 points; ITC sinks 5 per cent
NTPC, Infosys, Coal India, Bharti Airtel and HDFC Bank were top gainers in the Sensex. Among the losers are Tata Power, ITC, ONGC, SBI and GAIL.
We are not here to kill the economy, says Raghuram Rajan
"We are moving forward, but we are not going to be reckless," he said and added that the future stance will also be driven by data.
RBI may cut rate to spur investment
The wholesale price index based inflation hit a new low of (-)2.65 per cent in April, as deflationary pressures continued for the sixth month.
Rupee closes 12 paise higher against dollar on rate cut hopes
Forex dealers said, a higher opening in the domestic equity market and fresh capital inflows supported the rupee, but dollar's strength against other currencies overseas limited the gains.
Sensex, Nifty end flat; F&O expiry eyed, banks lead gainers
The 30-share BSE Sensex gained 33.25 points at 27564.66 while the Nifty declined 4.75 points to 8334.60 after hitting an intraday low of 8277.95.
Rupee snaps two-day rise against US dollar, down 5 paise
The dollar remained firm against the yen and the euro in the Asian market today following comments by Federal Reserve Chairwoman Janet Yellen late last week and renewed concerns about Greece's debt problems.
New income tax return forms to be far more simplified, says FM Arun Jaitley
He said after having public consultations, he has asked the income tax department to come up with the simplest form, which is available.
Switzerland agrees to cooperate in Modi government's fight against black money
Majority of India Inc yet to assess impact of Indian Accounting Standards: Study
The study also showed that 94 per cent of the companies are aware of the benefits of adopting Ind-AS.
Rupee recovers 15 paise against dollar in early trade
Forex dealers said besides fresh selling of the dollar by exporters and banks, a strong recovery in the domestic equity market in opening trade supported the rupee.
India closer to biggest tax reform in decades as GST Bill crosses the first hurdle in Parliament
Arun Jaitley termed the move as the biggest reform in India since independence in 1947.
India brushes off concerns over gold import spike - for now
Weak oil and commodity prices are offsetting concerns at India's central bank over the impact of a spike in gold imports on the broader economy, officials say, even as the industry forecasts another three months of strong buying.
Indian banks turn to consumer loans to counter corporate slowdown
Lending to companies has traditionally been the mainstay for banks in Asia's third-largest economy.
Government to review new Income Tax Return Forms, make them simple
It will come out with simplified ITR forms, it was officially announced.
India's wholesale prices fall 2.33 per cent in March
Deflation was also visible in the manufactured products category where the rate of price rise dropped to a record low of (-) 0.19 per cent.
March consumer inflation drops to 5.17 per cent; food inflation to 6.14 per cent
India's annual consumer price inflation unexpectedly slowed down to a three-month low of 5.17 percent in March as food prices moderated, government data showed on Monday.
