Home » Business

Business - Page 455

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex slips 87 points in choppy trade; financial stocks drag

Investors were also cautious ahead of the release of key macroeconomic data, traders said.

12 July 2019 4:11 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold prices fall Rs 400 on lacklustre demand

Silver also declined Rs 125 to Rs 39,075 per kg due to reduced offtake by industrial units.

12 July 2019 4:05 PM IST

A number of states wanted liquor outlets to maintain a distance from highways. The SC now has attempted to give the law more clarity, nothing more.

Now, non-Muslim tourists to get free 30-day liquor licence in Dubai

Dubai resident visa holders are qualified for a two-year licence that permits them to purchase liquor from shops and...

12 July 2019 3:58 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

USD 42 billion erased off Indian share markets as misgivings on tax...

Global and non-resident investors make investments in India via so-called association of persons (AOP) and non-corporate...

12 July 2019 3:40 PM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

State Bank of India waives off IMPS, NEFT and RTGS charges

This means that SBI account holders will not have to pay fees for online money transfers.

12 July 2019 3:10 PM IST

Railway Minister Piyush Goyal addressing a press conference in Bengaluru on Friday. (Photo: ANI)

No question of privatisation of rlys, some units will be corporatised:...

Goyal said track kilometre grew from 77,609 km to 89,919 km from 1950-2014 and rose to 1,23,236 km in the past five...

12 July 2019 1:59 PM IST

Looking for acquisitions, to foray into new FMCG categories: ITC's...

The company is seeking to be an engine of growth for Indian economy through a vibrant portfolio of future-ready...

12 July 2019 1:09 PM IST

Investors who have received bonus shares from hundreds of companies over the past few years have been subject to the higher tax outgo.

France adopts pioneering tax on tech giants like Google, Amazon,...

Global tax rules should be updated for the digital age, Internet Association's Jordan Haas.

12 July 2019 12:51 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Dutch bankruptcy administrator moves NCLAT on Jet Airways matter

A consortium of 26 bankers led by SBI had approached NCLT to recover dues of over Rs 8,500 cr from Jet Airways.

12 July 2019 12:48 PM IST

Finance Minister Nirmala Sitharaman on Friday said that every single rural family will have electricity and a clean cooking facility by 2022. (Photo: ANI)

Nirmala Sitharaman says tax targets 'absolutely' achievable: report

India expects to rake in 24.6 trillion rupees (USD 358.97 billion) in gross tax revenue in 2019-20.

12 July 2019 12:07 PM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.

Cargo transportation on waterways reaches 72.31 million tonnes

Minimum 40 per cent discount and priority in berthing is being given to coastal vessels at major ports.

12 July 2019 11:12 AM IST

Some of the measures to increase savings could include, expansion of coverage to more individuals, with a particular focus on low-income populations, women and employer-facilitated plans.

Budget 2019: 6 key takeaways that can impact your personal finance

Apart from keeping the tax slabs unchanged, there are a number of budget proposals that will impact your personal...

12 July 2019 10:56 AM IST