Business, 1st Sep 2018, News & Stories from India

Saturday, Apr 20, 2024 | Last Update : 09:34 PM IST

Business 01 Sep 2018

Business, 01 Sep 2018

Mauritius Tourism Promotion Authority Director Arvind Bundhun said that 80,000 tourists from India had visited his country last year. (Representational image.)

Mauritius plans to attract 1.2 lakh Indian tourists in 2020

A lot of newly-wed Indians choosing Mauritius as a honeymoon destination.

01 Sep 2018 5:53 PM

The total turnover during the week on BSE rose to Rs 15,133.55 crs as against last weekend's level of Rs 12,823.81 crores.

Markets gains for the sixth straight week, up 393.27 points

The Sensex garnered 1,980.70 points or 5.43 per cent during past five week sessions.

01 Sep 2018 3:40 PM

Globally, gold rose 0.10 per cent to USD 1,200.80 an ounce in New York in yesterday's trade.

Gold maintains upward trend on global cues, jeweller-buying

Gold is trading at Rs 31,350 per 10 grams at the bullion market, extending its rising streak for the third straight day.

01 Sep 2018 2:56 PM

Commercial vehicle sales were at 20,326 units in August, up 25 per cent, against 16,303 units in the year-ago period.

Mahindra sales up 14 per cent at 48,324 units in August

Exports also increased 14 per cent at 2,951 units in August against 2,592 units.

01 Sep 2018 2:08 PM

Exports in August were down 10.4 per cent at 10,489 units over 11,701 units in the corresponding month last year.

Maruti Suzuki sales dip 3.4 per cent to 1,58,189 units in August

The company had sold 1,63,701 units in August last year, Maruti Suzuki India (MSI) said in a statement.

01 Sep 2018 12:05 PM

Now SBI's overnight and one-month tenors' MCLR stands at 8.1 per cent as against 7.9 per cent, as per the SBI's website.

SBI hikes benchmark lending rate by 0.2 per cent

State Bank of India has increased the lending rate by 20 basis points across all tenors up to three years.

01 Sep 2018 11:19 AM

India’s $2.6 trillion economy surpassed France’s in 2017 to become the world’s sixth largest, and it was not far behind the United Kingdom, according to World Bank data.

GDP growth surges over 8 per cent, boost for Modi before election

Economic affairs secretary, told reporters the govt will stick to the fiscal deficit target of 3.3 pc of GDP this fiscal year.

01 Sep 2018 10:55 AM

Finance Minister Arun Jaitley. (Photo: ANI)

Arun Jaitley reels out numbers to defend demonetisation

Finance Minister in a Facebook blog cited widening of the taxpayer base to justify the November 2016 cash cull.

01 Sep 2018 10:44 AM

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

GDP grows 8.2 per cent in first 3 months of 2018-19

He said that 8.2 per cent growth in “otherwise an environm-ent of global turmoil represents the potential of new India”.

01 Sep 2018 2:15 AM

At present, furnishing of father’s name is mandatory for the allotment of PAN.

Pan won’t need dad for for child of single mom

Currently while father name is mandatory to get a PAN card, people have an option to select name of either father or mother to be printed on card.

01 Sep 2018 1:44 AM

Now, India has four major telecom players: Vodafone-Idea, Airtel, Reliance Jio and BSNL.

Idea, Voda India complete merger of telecom business

Vodafone has a right to appoint the CFO, and the two firms have together chosen Balesh Sharma as the CEO of the new firm.

01 Sep 2018 12:13 AM

Rupee closes at 71 on dollar demand, crude oil concerns

After opening the day at 70.95 a dollar, the rupee hit the psychological 71 level mark against the dollar in the intra-day trade.

01 Sep 2018 12:12 AM

Economic affairs secretary S.C. Garg said that robust performance in Q1 “gives hope” that growth could exceed even estimates of 7.5% for the year as whole. (Representational Image)

Growth in economy hits near 2-year high

Low base in FY18 helps post 8.1% Q1 growth, says expert.

01 Sep 2018 12:12 AM

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Shobhaa De