Home » Business

Business - Page 320

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

DBS expects modest rate cut at RBI's MPC meeting in October

RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.

23 Sept 2019 3:12 PM IST

The company welcomed recent rationalisation of corporate tax rates.

Impact of new GST rates for caffeinated drinks to be minimal: Varun...

The GST Council raised tax on caffeinated beverages from 12 per cent to 28 per cent and imposed a 12 per cent cess.

23 Sept 2019 2:59 PM IST

The Mahindra XUV500 has become more affordable than before thanks to the addition of a new entry-level variant called the W3.

Mahindra axes XUV500 petrol and diesel-auto AWD variants

Mahindra has increased the prices of the remaining variants marginally as well.

23 Sept 2019 2:41 PM IST

The TVS NTorq 125 Race Edition comes with both aesthetic and practicality updates.

TVS launches sportier NTorq 125 Race Edition

The scooter commands a premium of Rs 3000 over the regular model.

23 Sept 2019 2:34 PM IST

Terapact collaborates with companies to help them solve problems around sales, customer engagement and loyalty.

Terapact aims at billion dollar sales mandate by 2021

Recent reports also reveal that over 12.76 lakh houses are lying unsold in top 30 Indian cities.

23 Sept 2019 1:35 PM IST

The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)

Reliance Capital shares tumble over 11 pc after ratings downgrade

The scrip tanked 11.32 per cent to Rs 27.80 -- its 52 week low -- on the BSE.

23 Sept 2019 12:37 PM IST

The Taj Mahal Hotel on Mansingh Road. (Photo: PTI)

Hotel stocks rally up to 9 per cent on GST rate cut

Post market hours on Friday, the GST Council reduced tax rate on hotel room tariffs, a move aimed at giving a boost.

23 Sept 2019 12:30 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Investor wealth zooms Rs 10.50 lakh cr in two days of market rally

The market capitalisation of BSE-listed firms jumped Rs 10,53,495.23 crore to Rs 1,49,05,246.57 crore so far in two...

23 Sept 2019 12:11 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Oil prices will ease if global tensions do not flare up: Pradhan

The price of crude oil has already reduced by a few dollars per barrel, Pradhan said.

23 Sept 2019 11:42 AM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI to adopt repo rate as external benchmark for all floating rate...

The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.

23 Sept 2019 11:05 AM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Govt says no plans to revise fiscal deficit target or cut spending now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth...

23 Sept 2019 10:58 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee slips 9 paise against USD in early trade

Foreign fund inflows and higher opening in domestic equity market supported the domestic currency.

23 Sept 2019 10:32 AM IST