Monday, Feb 20, 2017 | Last Update : 09:19 AM IST

Economy

Montek Singh Ahluwalia.

GST Council must work on single rate tax: Ahluwalia

Former deputy chairman of now disbanded plan panel says a 5-tier GST is not an ideal taxation regime.

Finance Minister Arun Jaitley.

GST Council may discuss tax on gold, key laws

Integrated GST, States GST and law for compensation to states were likely to be discussed.

Finance Minister Arun Jaitley.

GST Council to finalise draft model GST law

Council, headed by Arun Jaitley, also likely to finalise definition of 'agriculture' and 'agriculturist'.

RBI Governor Urjit Patel

RBI has developed a thick skin: Urjit Patel

He said everyone agrees that not just the RBI, but the wider banking system has done a “herculean job” over the last few months.

Market

The stock vaulted 9.24 per cent in the intra-day trade soon after the opening bell and gave up most of its gains on profit taking.

HDFC Bank pips Reliance Industries Ltd to top 2

RIL was knocked down to third spot with an m-cap of Rs 3.48 lakh crore.

Bombay Stock Exchange

Sensex soares over 167 points to end at 28,468.75

Participants widened their bets on foreign fund inflows amid persistent buying by domesticinvestors.

Globally, gold rose 0.44 per cent to USD 1,238.60 an ounce and silver 0.61 per cent to USD 18.06 an ounce in New York.

Gold, silver extend gains on global cues

Gold is trading at Rs 29,850 per 10 grams, silver up by Rs 200 per kg.

Globally, gold traded 0.06 per cent higher at USD 1,237.90 an ounce in Singapore. (Representational Image)

Gold down by Rs 80 on profit-booking; global cues

Gold is trading at Rs 29,458 per 10 gram.

A broker at a trading session at BSE.

Sensex zooms up 425 points at 28,726.26

Nifty regained its psychological 8,800 mark and surged over 91 points in early morning trade.

Companies

The bank got approval of its Executive Committee today to  raise the money, which will be added as its additional tier-I capital. (Photo: Representational Image)

SBT to raise money to shore up additional tier-I capital

Company to raise up to Rs 600 crore by issuing Basel compliant bonds on private placement.

Representational image.

Over 1 lakh offered jobs at mega fairs in Gujarat

A total 2,184 job providers, including Indian and multi-national companies, participated in job fairs across 12 clusters.

Martin Pieters, Vodafone's former India managing director.

Martin Pieters to work on Voda & Idea merger

If the deal is successful, the combined entity will create largest telecom player in the country.

Paytm Founder and Chief Executive Vijay Shekhar Sharma (Photo: Youtube screengrab)

Reliance Capital plans to sell 1 pc stake in Paytm

Reliance Capital and Paytm spokespersons declined to comment on the matter.

Autos

Toyota Prius

Toyota Prius launched at Rs 38.96 Lakh

The new Prius is based on Toyota's New Generation Architecture and offered in one variant.

Maruti Suzuki Ertiga

Limited edition Maruti Suzuki Ertiga launched at Rs 7.85 Lakh

The car is being offered in the mid-spec V variant with both petrol and diesel engine options.

 Porsche 718 Boxster and 718 Cayman

Porsche 718 Boxster & 718 Cayman launching on 15 Feb

The six-cylinder engine on both the Porsches has been replaced by a 2.0-litre turbocharged engine.

KTM 790 Duke

2018 KTM 790 Duke Spied in Europe

The spotted motorcycle is identical to the prototype that was showcased at the EICMA show last year.

Rajiv Bajaj

Rajiv Bajaj hits out at Centre

Criticises policies hindering the launch of quadri-cycle.

In Other News

Telecom Regulatory Authority of India

Free offers, predatory prices under Trai lense

These issues and feeback on them would be debated as part of 'Regulatory Principles of Tariff Assessment' consultation paper.

Traders said persistent buying by local jewellers to meet ongoing wedding season demand mainly kept the precious metal higher.

Gold continues to rise for third straight day

Gold advanced by another Rs 30 to Rs 29,880 per 10 gram on Saturday

SEBI chief UK Sinha

Institutional investors to trade in future market

The move to open up to institutional investors will give large companies hedging opportunities.

Jharkhand chief minister Raghubar Das with Indian investors and foreign representatives after signing MoU during Global Investors Summit at Khelgaon in Ranchi, Jharkhand. (Photo: PTI)

Jharkhand CM completes Rs 19,118 crore projects in 3 years

New investment proposals worth Rs 3.10 lakh crore will generate jobs for 2 lakh people.