Business
Rupee Appreciates 5 Paise Against Dollar to 64.10
The dollar's slide overseas amid concerns over renewed show of strength on the Korean Peninsula and a stronger opening of domestic equities took the rupee high.
GST Not an Easy Reform to Implement, says Arun Jaitely
Finance Minister Arun Jaitley said he had learnt in the last few years that one should not blink if convinced that a reform was in the national interest.
Nifty Breaches 10,000 Mark, Sensex at New High on Fund Inflows
The 50-issue Nifty breached the historic 10,000 level by gaining 44.90 points, or 0.45 per cent, to trade at all-time high of 10,011.30, surpassing its previous intra-day high of 9,982.05 touched on Monday.
India Rises to 2nd Spot on Business Optimism Index: Grant Thornton Survey
The Grant Thornton International Business Report (IBR) survey finds that 94 percent Indian businesses are confident of India's economic growth story.
HDFC Bank Q1 Profit Rises 20 per cent to Rs 3,893 Crore
The bank had earned a profit of Rs 3,238.91 crore in the April-June quarter of last fiscal.
Gold Demand Slumps as Prices Rise, Seasonal Consumption Slows in Country
Every year, demand for gold remains weak in July as there is no major festival this month and wedding season is almost over. The condition will improve from the second half of August.
Rupee Goes up 11 Paise to 64.34 Against US Dollar
The benchmark Sensex rose 73.69 points, or 0.23 per cent, to 32,094.44 points in early trade on Monday.
Digital Transactions Volume 'Leapfrogged' by 3 Years Post-November 16
According to an SBI report, 'Ecoflash', Demonetisation and the government's initiative to promote use of debit and credit cards at point of sale (PoS) terminals accelerated the growth of digital payment with the transaction volume reaching Rs 70,000 cror...
RBI is Still Counting Demonetised Rs 500 and Rs 1,000 Notes: Urjit Patel
The RBI governor whoever informed the panel headed by Congress leader Veerappa Moily that more than 15 lac crore of currency of the 17 odd crores demonetised is back in circulation.
Sensex Advances, Blue-chips Provide Hope
The 30-share index was trading higher by 74.85 points, or 0.23%, at 31,284.64. Sectoral indices led by oil and gas, power and realty went higher
To Clear Confusion, Finance Ministry Puts Out Detailed Explainer on GST
Amid reports of confusion around goods and services tax (GST), the finance ministry has put out a detailed explainer. Here’s the full text:
GST Rate on Construction Sector Hiked to 18 Percent
The government on Thursday hiked the GST rate for the construction sector to 18 percent from 12 percent, but removed land value from computation of tax liability.
Fitch Ratings Maintains Negative Outlook on Banking Sector
Fitch Ratings maintained the negative outlook on the Indian banking sector based on an assessment on the sector's core capitalisation, a top official of the ratings agency said on Wednesday.
Linking Aadhaar with PAN Card: 4 Important Things to Know
The central government has issued a notice making it mandatory to link existing Aadhaar numbers with permanent account number (PAN) of taxpayers with effect from July 1. Here’s what you need to know about linking Aadhaar number with PAN cards.
Indian Renewable Market to Witness Strong Growth: Moody's
As India is moving towards meeting its commitments under the Paris agreement on climate change, its renewable energy market is likely to witness a strong growth over many years, says Moody's Investors Service.
Natural Gas May be Included in GST, to Benefit ONGC
The GST Council may decide to include natural gas in the Goods and Services Tax (GST) regime as a measure to provide some relief to the oil and gas sector.