Home » Business

Business - Page 1402

The declines for the benchmark S&P 500 index and the Dow Jones Industrial Average were the biggest single-day percentage drops since August 2011. (Photo: AP)

Wall Street crashes, Dow ends nearly 1200 pts down, S&P erases 2018's...

Dow Jones Industrial Average fell 1,175.21 points to 24,345.75, the S&P 500 lost 113.19 points to 2,648.94.

6 Feb 2018 12:03 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Investors lose around Rs 4.95 lakh cr amid sell-off as markets see...

The BSE Sensex crashed below the 34,000-mark by plunging about 1,275 points or 3.6 per cent in opening trade on Tuesday.

6 Feb 2018 11:52 AM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Sensex tanks over 1200 points day after bloodbath on Wall Street

Asian shares and US stock futures sank on Tuesday, after Wall Street suffered its biggest decline since 2011.

6 Feb 2018 9:43 AM IST

A Fabindia spokesman, however, dubbed the Khadi and Village Industries Commissions claim as baseless, and said it will defend itself vigorously if any action was taken in pursuance of the legal notice. (Photo: File/PTI)

Fabindia sued by KVIC for Rs 525 cr for illegally' selling with Khadi'...

The KVIC also threatened to launch legal actions against Fabindia if it does not desist from displaying the trademark...

6 Feb 2018 9:31 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Singtel to invest Rs 2,649 crore in Bharti Telecom

The investment comes within 23 months of Singtel's participation in the rights issue.

6 Feb 2018 5:44 AM IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)

No 25 per cent tax for big firms soon, hints Arun Jaitley

Jaitley also said the states are not in favour of including petrol and diesel into GST at the moment.

6 Feb 2018 5:37 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

LTCG, US jobs batter bulls on Dalal Street

India's volatility index, soared 5 per cent on the National Stock Exchange (NSE) signalling the underlying nervousness...

6 Feb 2018 5:31 AM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI likely to keep interest rate on hold for 3rd time in a row

RBI had reduced benchmark lending rate by 0.25 percentage points to 6 pc in August, bringing it to a 6-year low.

5 Feb 2018 5:19 PM IST

The government has decided to increase the New Fund Offer (NFO) size of Bharat 22 ETF from Rs 8,000 crore to Rs 14,500 crore. (Photo: PTI/Representational)

Rs 51600 crore released to states under MGNREGA in 2017-18: Govt

Under MGNREGA, wage seekers are entitled to receive compensation at the rate of 0.05 per cent of the unpaid wages per...

5 Feb 2018 4:42 PM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Equities extend slide on global sell-off; Sensex sheds 310 points

The 30-share Sensex stayed in the negative zone through the session and hit a low of 34,520.80.

5 Feb 2018 4:19 PM IST

CBDT Chief Sushil Chandra. (Photo: PTI)

Don't misuse I-T laws, tax rates already low: CBDT to industry

In 2018-19 Budget, Jaitley proposed to lower corporate tax rate to 25 pc for businesses with turnover of up to Rs 250...

5 Feb 2018 4:09 PM IST

Revenue Secretary Hasmukh Adhia. (Photo: File)

Unevenness in taxes paid by salaried class, business people: Adhia

For assessment year 2016-17, 1.89 crore salaried individuals have filed I-T returns and paid total tax of Rs 1.44 lakh...

5 Feb 2018 2:55 PM IST