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The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

12000 points remain a sturdy wall

The Nifty Index ended 30 points or 0.25 per cent higher at 11,946.75, while the Sensex closed at 39,908, up 68 points.

5 July 2019 3:05 AM IST

$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

Record low FPI investments via Participatory notes

The absolute value of ODI investments fell to a record low of Rs 78,110 crore in FY 2018-19 as against Rs 1,06,403 crore...

5 July 2019 3:03 AM IST

Private sector may be granted access to select databases for commercial use.

Business

Country should have data infrastructure

Government's mantra should be utilizing data of the people, by the people, for the people .

5 July 2019 2:04 AM IST

After touching an all-time low of 72.11 a dollar, the rupee finally closed the day at 71.99 a dollar, down 0.32 per cent from its Wednesdays close of 71.76.

Business

Rupee, bonds gain on fiscal discipline peg

At the interbank forex market, the rupee opened at 68.86/$ and advanced to a high of 68.49 during the day.

5 July 2019 2:00 AM IST

The other challenges are that thermal power plants still account for 80 per cent of all industrial emissions of particulate matter, sulphur and nitrous oxides in India.

Business

Green energy goal needs $80 billion

Halting coal-based utilities abruptly may lead to disaster, says survey.

5 July 2019 1:58 AM IST

The survey finds investment as the key driver that can create a self-sustaining virtuous cycle in India.

Business

Virtuous cycle of savings, investment & exports can drive GDP growth

The presence of a triggering macro-economic key driver that catalyses the economy into a virtuous cycle is critical.

5 July 2019 1:56 AM IST

The scheme seeks to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and setting the prices of international transactions in advance.

Business

Honour, privileges await top tax payers

The idea behind the initiative is to create exclusive membership to clubs that exude not only social status but also...

5 July 2019 1:54 AM IST

If the newcomers to the labour market get well-paid jobs it boosts consumption and economic growth.

Business

India is ageing; time to merge schools, raise retirement age

The current retirement age for most government workers in India is 60.

5 July 2019 1:52 AM IST

Priority Sector Lending targets of banks for lending to MSMEs to be re-oriented.

Business

Infant MSMEs, not dwarfs, to be given sops

Examine the role of the Small-Scale Industries reservation policy.

5 July 2019 1:50 AM IST

India has been the worlds fastest growing major economy over the past two years.

Business

Economic Survey: Indian economy grows to USD 2.75 trn despite slowing...

India continued to remain the fastest-growing major economy in the world in 2018-19.

4 July 2019 5:12 PM IST

The aircraft is being inspected by the Jet Airways Engineering team and ground personnel. (Representational Image)

Business

HDFC wants NCLT to keep Jet Airways Hqs out of resolution plan

The consortium of 26 bankers led by State Bank took the grounded Jet Airways to NCLT to recover their dues of over Rs...

4 July 2019 4:43 PM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

Business

Economic Survey: A blue print for growth and jobs over next 5 years,...

EAC-PM welcomes the emphasis of the Survey on fiscal consolidation, fiscal discipline and investments.

4 July 2019 4:20 PM IST