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BJP leader and Union minister Nirmala Sitharaman told reporters that elections in six of the nine seats, which have undergone elections on Sunday, were marred by violence. (Photo: ANI twitter)

Govt duty bound to achieve fiscal deficit of 3 pc as per law: FM

In Budget presented on Friday, government lowered the fiscal deficit target to 3.3 pc of the GDP for 2019-20.

7 July 2019 6:00 PM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Indian realty market passing through major consolidation: PropEquity

There has been a massive consolidation with over 50 pc of total developers that existed in 2011-12 leaving industry by...

7 July 2019 5:49 PM IST

Amazon.in has aggressively invested in expanding its infrastructure and delivery capabilities.

Amazon to launch specialised fulfilment centres in Patna, Guwahati

With these launches, Amazon will now have more than 50 FCs with more than 20 million cubic feet storage.

7 July 2019 5:12 PM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

Budget's infra push to boost demand for steel: Industry

Announcement of streamlining multiple labour laws into 'four labour codes' is a progressive step, said TV Narendran.

7 July 2019 4:51 PM IST

Image: TigerMobiles

DoT likely to start tracking system for lost mobiles next month

The tracking system would help detect stolen mobiles even if SIM card is removed or IMEI number is changed.

7 July 2019 4:39 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Highest personal I-T rate in India still lower than in China, US,...

Following increase in surcharge, effective income tax rate for individuals with income of Rs 2-5 crore will go up to 39...

7 July 2019 4:00 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.

Markets to see Budget overhang this week; IIP, inflation data eyed:...

Analysts said that now that the much-awaited Budget is over, focus will shift to first quarter earnings starting...

7 July 2019 3:05 PM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Govt assessed smuggling dimension while raising import duty on gold:...

Finance Minister Nirmala Sitharaman hiked import duty on gold and other precious metals in Budget to 12.5 pc from 10 pc.

7 July 2019 1:45 PM IST

The organic hub plan for the Northeast seeks to encourage natural farming of crops, vegetables and fruits in the eight states without the use of fertilisers and pesticides. (Representational image)

Kharif sowing hit by deficit rains; acreage down 27 pc so far

Rice, the main kharif crop, was sown in 52.47 lakh hectare till last week, down from 68.60 lakh hectare in the year-ago...

7 July 2019 12:18 PM IST

Rising input costs due to strengthening of the US dollar and increase in oil prices will make price hikes of consumer durable products inevitable from June, Godrej Appliances said.

GCPL Chairman Adi Godrej's FY19 remuneration 114-times higher than...

The number of permanent employees on the payrolls of the company as on March 31, 2019 was 2,781, the report said.

7 July 2019 11:59 AM IST

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.

Seven of top-10 firms add Rs 53,732 cr in m-cap; HDFC leads

Among the gainers, the valuation of HDFC zoomed Rs 14,941.11 crore to Rs 3,93,135.72 crore.

7 July 2019 11:46 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

Foreign investors pull out Rs 475 cr from Indian markets in first week...

As per latest data, FPIs withdrew amount of Rs 3,710.21 crore from equities but invested Rs 3,234.65 crore in the debt.

7 July 2019 11:38 AM IST