Business

As Managing Director and Chief Financial Officer, Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President.

Quess Corp said its board has approved the preferential issue of 754,000 equity shares to Amazon for an aggregate amount of Rs 50.99 crore at an issue price of Rs 676 per share.

The 30-share index, however, gave up some gains to trade 106.35 points or 0.28 per cent, higher at 38,663.39 at 0930 hours.

The Institute of Company Secretaries of India (ICSI) said the move is aimed at strengthening the framework of good governance

Of the 50 basis points cut in interest rate announced by the RBI prior to the June monetary policy, about 21 basis points had been transmitted, Das said

PNB said Bhushan Power & Steel Ltd misappropriated bank funds and manipulated its books of accounts to raise funds from consortium lender banks.

After the hike, petrol in Delhi will now cost Rs 72.96 per litre and diesel will cost Rs 66.69 per litre.

The government had also exceeded the disinvestment target of Rs 1 lakh crore in 2017-18, mainly on the back of multiple deals like an agreement with ONGC for the strategic sale of its 51.11 per cent equity share-holding in HPCL at a consideration of Rs 36...

Of the total subsidy bill, much of the increase has been made in the fuel subsidy, which is pegged at Rs 37,478 crore for the current fiscal from the revised estimate of Rs 24,833 crore for the 2018-19 fiscal.

Those who have Aadhaar cards will not need to use their PAN details to file their income tax returns. Through this modification, the government has practically rendered the PAN useless as it does not serve any exclusive function anymore.

The 2019 Union Budget lowered fiscal deficit projection for the current financial year to 3.3 per cent from 3.4 per cent targeted in the Interim Budget.

Ahead of the budget, silver prices fell by Rs 45 to Rs 37,030 per kg in futures trade Friday amid profit-booking by speculators at current levels.

Union Budget 2019: The stock has lost a whopping 41% value in the last one year, compared with a 12% rise in the Nifty during the period.

The process begins as early as August when a circular is sent to various ministries and departments. These then fill the circular with details of funds they need and the circular returns to the finance minister.

Union Budget 2019: It has touched a 52-week high of Rs 366.95 on 3 July 2019 and a 52-week low of Rs 254.29 on 22 October 2018.

The Economic Survey says India will face a challenge on the fiscal front following an economic slowdown, but the investment rate is expected to pick up following improvement in consumer demand and bank lending.