Friday, Jan 19, 2018 | Last Update : 01:04 PM IST

Economy

Govt has budgeted gross and net market borrowings at Rs 5.8 lakh crore and Rs 4.23 lakh crore, respectively in 2017-18.

Govt lowers additional borrowings to Rs 20,000 crore in FY18

Government has reassessed additional borrowing requirements taking note of revenue receipts and expenditure pattern.

 Gross collections (before adjusting for refunds) have increased by 13.5 per cent to Rs 8.11 lakh crore during April, 2017 to January 15, 2018.

Direct tax mop-up jumps 19 pc to Rs 6.89 lakh cr this fiscal

Collections till January 15, 2018 represent over 70 pc of Rs 9.8 lakh crore revenue target from direct taxes.

Central bank clarified that it puts into circulation the coins minted by government mints. (Photo: PTI)

All 14 types of Rs 10 coin valid, legal tender: RBI

RBI has also asked banks to accept coins for transactions and exchange at all their branches.

HSBC expects India's growth at around 6.5 per cent in 2017-18, 7.0 per cent in 2018-19 and 7.6 in 2019-20.

GDP growth in India to accelerate over coming year: HSBC

GDP growth in India is expected to accelerate to 7.0 per cent in 2018-19 from 6.5 per cent in this fiscal.

Global rating agency Moody's has assigned a Baa2 rating to the senior unsecured notes issue with a stable rating outlook.

Exim Bank hits dollar debt market with over USD 500 million issue

ICICI Bank had mopped up USD 500 million in a 10-year bond issued in December

Market

Broader Nifty gained 60.30 points to finish at fresh record high of 10,741.55.

Stocks end at new high on strong macro data, earnings optimism

BSE 30-share Sensex resumed higher at 34,687 and advanced to touch a new all-time intra-day high of 34,963.

The broader Nifty, after scaling an all-time high (intra-day) of 10,690.40 points, finished at 10,681.25, up 30.05 points, or 0.28 per cent.

Sensex, Nifty scale new peaks on sustained buying

BSE Sensex gained 88.90 points to end at 34,592.39, breaking its previous record closing of 34,503.49.

 Selling of the American currency by exporters supported the rupee, forex dealers said. (Photo: PTI).

Rupee spurts 23 paise against dollar in early trade

Rupee is trading at 63.40 against dollar in opening session, helped by strong gains in domestic stocks.

Asian markets were trading weak as traders took a breather after a record rally in New Year.

Sensex up 126 points in late morning deals

The broader Nifty trading up by 28.95 points or 0.27 per cent at 10,729.40.

Companies

 CPRPL was not going to follow the global standards maintained by McDonald's then it cannot use the brand name.

HC declines to restrain CPRPL from using McDonald's brand name

McDonald's has written to its suppliers not to supply food or packaging to restaurants run by CPRPL.

Announcement comes a day after TCS reported 3.6 per cent fall its its net profit to Rs 6,531 crore in the December 2017 quarter.

TCS bags over $2 bn deal from US insurance group Transamerica

Shares of TCS were trading 1.13 per cent lower at Rs 2,757 apiece on BSE.

Airtel Postpaid customers - both new and existing - who have an Infinity plan of Rs 499 or more will be able to avail one year Amazon Prime membership of Rs 999. (Photo: PTI)

Airtel offers 1 year Amazon Prime membership with Infinity plan

Airtel V-Fiber Broadband customers will also be eligible for Amazon Prime membership benefits.

Ramdev, a staunch supporter of swadeshi goods, also defended Patanjali's move to form partnership with US-based online retail major Amazon and PayTm.

Ramdev doesn't 'support' FDI in retail

Patanjali enters into e-commerce space by joining online retailers for selling its products.

 Partnerships with etailers will be in addition to its own portal patanjaliayurved.net, where the company is selling its products online. (Photo: PTI/File)

Patanjali plans massive online push

Patanajali's products are already available on several online platforms through various other sellers.

Autos

Under the offer, Audi A3 will be available at Rs 26.99 lakh against its list price of Rs 31.99 lakh and Audi A4 at Rs 33.99 lakh against earlier price of Rs 39.97 lakh.

Audi offers discounts of up to Rs 8.85 lakh

Customers also have additional advantage to buy their favourite Audi in 2017 and start paying in 2019.

The new Suzuki cruiser bike will be powered by the same 155cc.

Suzuki Intruder to launch on November 7

Suzuki will make its foray into the entry-level cruiser motorcycle segment with a Suzuki Gixxer based motorcycle.

Hyundai is taking measures to keep the entry price in check.

Hyundai Verna with a 1.4-litre petrol engine to launch this week

The new GST structure lists the Verna as a luxury car as it packs a 1600cc petrol engine.

Indian automotive space saw a lot of action this year.

Most trending cars and bikes of 2017

Google has released list of most trending 4-wheelers and 2-wheelers in 2017 and the list has some surprising names.

In Other News

Taxpayers use the e-filing portal of the department to file their income tax returns (ITRs) and perform other income tax related tasks on the web portal: https://www.incometaxindiaefiling.gov.in. (Photo: PTI)

New helpline for income tax e-filing

Department has separate helpline numbers to take questions and queries on various other issues that a taxpayer faces.

Bharadwaj has spent most of his life in Bengaluru but decided to set up his business in Hyderabad. (Photo: Representational/PTI)

Ambulance aggregator eyes world standards

Bharadwaj, 48, had been toying with the idea of a startup for sometime before taking the plunge in September 2016.

 Price index for vegetable oils rose by three per cent, cereal prices were up by 3.2 per cent and meat prices climbed by nine per cent from 2016 levels. (Photo: PTI)

World food prices up 8.2 per cent in 2017: United Nations

Monthly change in international prices of a basket of food commodities, stood at 169.8 points, down 3.3 pc.

Estimates include October subscriber base data of Reliance Jio with 14.59 crore customers and MTNL with 36 lakh.

Mobile user base reaches to 97.54 crore in Nov: COAI

As per the data, India's private telecom service providers have a total of 975.40 million subscribers.

China figures among ‘leading countries’, while Brazil and South Africa are in 'nascent' ones.

India gets 30th rank in manufacturing index

Among BRICS nations, Russia is ranked 35th, Brazil 41st and South Africa at 45th place.