Business
Market Bleeds: Sensex, Nifty Suffer Worst Loss in 6 Months on US-Iran Tussle
At the closing bell, the 30-share Sensex was at 40,676.63, down 1.90 per cent or 787.98 points -- the biggest single-day drop since July 8.
Taking Steps for Smooth Functioning of Branches on January 8, Says Syndicate Bank Amid Call for Strike
Ten central trade unions have called a nation-wide general strike on January 8 'to protest against anti-labour policies' of the government.
Tata Sons Moves SC Against NCLAT Order Reinstating Cyrus Mistry as Company Chairman
Cyrus Mistry, a scion of wealthy Shapoorji Pallonji family, was in a coup removed as Chairman of Tata Sons in October 2016.
GST Revenue Mop-up Rises to Rs 1.03 Lakh Crore in December
In December 2018, the GST collection was Rs 97,276 crore. The GST collection in November 2019 stood at Rs 1,03,492 crore.
Sensex, Nifty Begin 2020 on Positive Note as Financial & IT Stocks Advance
The 30-share BSE Sensex ended the day higher by 52.28 points, or 0.13 per cent, at 41,306.02. The broader NSE Nifty closed 14.05 points, or 0.12 per cent, higher at 12,182.50.
Core Sector Output Shrinks by 1.5% for November; Five of Eight Industries Show -ve Growth
The eight core sectors had expanded by 3.3 per cent in November 2018. Production of coal, crude oil, natural gas, steel, and electricity contracted in the month under review.
Several Coal-fired Power Plants Miss Deadline for Emission Norms Compliance
Coal-fired power plants, which produce three-quarters of India's electricity, account for some 80 per cent of industrial emissions of sulfur and nitrous-oxides, which cause lung diseases and smog.
Govt to Create Buffer Stock of 1 Lakh Tonnes of Onions to Avoid Another Crisis
The government had created a buffer stock of 56,000 tonnes for the current year but it was not sufficient to contain the prices which are still ruling above Rs 100 per kg in most cities across the country. As a result, the government was compelled to impo...
RBI Blasts CRAs for Allowing 'Rating Shopping' to Large Borrowers
The rating agencies have been largely blamed for their lax policies which primarily spawned from junk-type mortgage bonds and their derivatives worth trillion of dollars that the Wall Street bankers invented and hawked across the globe to get AAA ratings.
Air India Pays Flying Allowances for October to its Around 1,600 Pilots
Flying allowance constitutes between 50-80 per cent of a pilots' salary. Details about the amount paid as allowances could not be immediately ascertained.
GST Council to Set up Grievance Redressal Mechanism for Taxpayers
The council will set up the Grievance Redressal Committee (GRC) at zonal and state levels consisting of both central tax and state tax officers, representatives of trade and industry and other goods and services tax (GST) stakeholders.
Latin America's Share of Indian Oil Imports in November Slump to 20-Month Low
India, the world's third largest oil consumer, bought about 390,400 barrels per day (bpd) of Latin American oil during November, or 9.1% of the country's total imports, down from 12% in October, the data from shipping and industry sources showed.
'Failed to Deliver Justice': Turkey, Rights Groups Slam Saudi Court's Verdict over Jamal Khashoggi Murder
Five people were sentenced to death over the brutal killing, by a 15-man Saudi hit squad inside the kingdom's consulate in Istanbul, but two top aides to powerful Crown Prince Mohammed bin Salman were exonerated.
Sebi Bans 3 People for 7 Years for Creating Sham Identities to Transact in Market
The Securities and Exchange Board of India (SEBI) noted that there were a total of 27 IPOs during 2004 to 2011, where sham identities were allotted shares.
IndiGo’s Four-day Sale Starts Today with Fares Starting Rs 899
Under the offer, one-way fares on some popular routes like Delhi-Mumbai flight start at Rs 3,249, Delhi-Goa at Rs 3,999, Delhi-Srinagar at Rs 2,199, Mumbai-Bengaluru at Rs 2,099, Mumbai-Kolkata at Rs 3,599, etc.
Eight of Top-10 Companies Add Rs 1.13 Lakh Crore in M-cap, TCS Tops Chart
Reliance Industries Limited, HDFC Bank, HDFC, ICICI Bank, Kotak Mahindra Bank, Infosys and SBI were the other companies in the top 10 list which saw gains in their market capitalisation (m-cap) for the week ended Friday.