Business
Sensex Drops Nearly 200 Points, Nifty Near 12,300 in Early Trade
IndusInd Bank, Tata Steel, UltraTech Cement, SBI, Infosys, Axis Bank and ICICI Bank were the among the top losers in the Sensex pack, shedding up to 3 per cent. On the other hand, Titan, Hero MotoCorp, Tech Mahindra, Nestle and Sun Pharma rose up to 1.30...
The World is Drowning in Deficit as Debt-to-GDP Ratio Smashes Record of Already Huge Global Load
Such massive worldwide debt is a real risk for the global economy, especially because the IIF expects levels to rise even further in 2020.
Petrol Prices Fall by 10 Paise, Diesel by 5 Paise as US-Iran Tensions De-escalate
The retail prices of fuel are dependent on the global crude prices and the rupee-US dollar exchange rate as India imports 80 per cent of its crude requirements.
Sensex Hits Lifetime High, Zooms Over 250 Points; Infosys Leads Gains at 4%
Infosys was the top gainer, rising over 3 per cent, after the IT services major Infosys on Friday reported a 23.7 per cent rise in consolidated net profit at Rs 4,466 crore for the December quarter.
Infosys Says Audit Committee Found No Proof of Financial Impropriety or Executive Misconduct after Whistleblower Allegations
Speaking about the findings, Infosys Chairman Nandan Nilekani said CEO Salil Parekh and CFO Nilanjan Roy are strong custodians of the company's proud heritage.
Govt Taking Steps to Simplify Taxation; Curb Harassment of Honest Taxpayers, Says FM Nirmala Sitharaman
In a bid to curb harassment of taxpayers, Nirmala Sitharaman on Tuesday said, a faceless e-assessment scheme was launched in October to eliminate interface between an assessing officer and a taxpayer.
Adani Ports Shares Turn Volatile on Plans to Buy Controlling Stake in Krishnapatnam Port
The stock performance has remained muted on a yearly basis as well, with the price inching up just 0.2% in the last one year compared with nearly 14% rise in the benchmark Nifty 50 index.
Centre Deallocates Coal Block Allotted to PFC Arm for Power Project
The coal ministry had in 2010 allocated the coal block in Odisha for a 4000 MW power project to be set up by Sakhigopal Integrated Power Company Ltd.
India Can Explore $82 Billion Export Potential in 20 Products in China: Report
India's exports of these 20 products are worth around USD 15 billion to the world, which is 4.5 per cent of the country's annual outward shipments.
Tata Motors, MOIL, Hindustan Copper and ONGC Among Key Stocks in Focus Today
Tata Motors Ltd shares rose 1.2% even as the company’s December sales dropped 13.8% to 46,903 vehicles against 54,439 units during December 2018.
FDI Rises 15 Percent During April-September to US Dollar 26 Billion
Sectors, which attracted maximum foreign inflows during April-September 2019-20, include services, computer software and hardware, telecommunications, automobile and trading.
Fiscal Deficit Hits 115% of Budget Estimate at Rs 8.07 Lakh Crore Till November
The government has estimated the fiscal deficit for the current financial year at Rs 7.03 lakh crore, aiming to restrict the deficit at 3.3 per cent of the gross domestic product (GDP).
Onion Continues to Sell at Rs 150/Kg Despite Incoming Imports to Meet Domestic Demand
In metros, retail price of onion was ruling at Rs 120 /kg Kolkata, at Rs 102/kg in Delhi and Mumbai and at Rs 80/kg in Chennai.
Aadhaar Made Mandatory for Subscribers of PMVVY Pension Scheme
The notification, dated December 23, reads that any individual desirous of availing benefit under the scheme who does not possess the Aadhaar number or has not yet been enrolled for Aadhaar, 'shall be required to apply for Aadhaar enrolment before registe...
Cyrus Mistry Unlikely to Take up Board Position at Tata Sons, May Appoint Nominee
Cyrus Mistry will likely appoint nominee directors to the board, who would enforce best corporate governance practices, a report in Business Standard said.
Hyatt Plans to Open 11 New Hotels Across India by End of 2020
Hyatt is one of the first international hotel management brands in India, having entered the market over 35 years ago with the first hotel under the Hyatt Regency brand in Delhi in 1982, he added.