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Sensex rallies over 500 points in early trade

Mumbai: Equity benchmark Sensex surged over 500 points in opening trade on Tuesday tracking gains in index majors HDFC twins, ICICI Bank and Reliance ...

Sensex rebounds over 270 points in early trade

Mumbai: The BSE gauge Sensex rallied over 270 points and the NSE Nifty reclaimed the key 15,000-level in early trade on Monday, tracking a robust reco...

India's forex reserves increase by USD 689 mn to USD 584.55 bn

Mumbai: India's forex reserves increased for the second consecutive week, touching USD 584.554 billion as of February 26, up by USD 689 million, the R...

IMPCL to sell products on Government e-Market portal

Indian Medicines Pharmaceutical Corporation Limited (IMPCL) will sell products on Government e-Market (GeM) portal. The IMPCL and GeM has finalised a ...

Wipro stocks fall nearly 4 pc after signing deal to buy Capco for USD 1.45 bn

New Delhi: IT services major Wipro’s shares on Friday went down nearly 4 per cent in early trade after the firm said it has signed an agreement to acq...

Rupee slumps 16 paise against US dollar in early trade

Mumbai: The Indian rupee slumped 16 paise to 72.99 against the US dollar in opening trade on Friday, as a rebound in the US dollar and muted opening i...

Central Board of EPFO recommends 8.5 pct annual rate of interest for current financial year

The Central Board of the Employees' Provident Fund Organization has recommended 8.5 per cent annual rate of interest for the financial year 2020-21. T...

RBI to start simultaneous purchase and sale of govt securities under Open Market Operation for Rs.15,000 crore each

The Reserve Bank of India to start simultaneous purchase and sale of government securities under the Open Market Operation for an amount of Rs 1...

OPEC-plus decides to extend current production cuts till April this year

The Organization of the Petroleum Exporting Countries and its allies have agreed to extend most oil cuts by one month into April, offering small exemp...

India receives highest ever FDI of over USD 67 billion during April-December 2020

India received the highest ever Foreign Direct Investments of over USD 67 billion for the first nine months of a financial year, last year. During the...

Sensex dives 726 points in early trade tracking global sell-offs

Mumbai: The BSE Sensex slumped over 726 points to slip below the key 51,000-level in early trade on Thursday, tracking meltdown in global shares due t...

CBDT seeks to redress double taxation issue of individuals

Central Board of Direct Taxes has sought information from the individuals who are facing double taxation even after taking into account relief provide...

State Bank of India reduces home loan rates to 6.7 per cent

State Bank of India has reduced home loan interest rates to 6.7 per cent. The Bank has said that, the interest rate of 6.70 per cent will be charged f...

Spectrum Auction concludes

The auction of telecom spectrum ended yesterday with total bids of 77 thousand eight hundred 14 crore 80 lakh rupees for the airwaves. Telecommunicati...

Govt increases LPG cost for 4th time in a month

The price of non-subsidized liquefied petroleum gas (LPG) has been increased by Rs. 25 per cylinder on Monday. With effect from March 01, the price of...

Sensex tops 50,000-level in opening trade

Mumbai: The BSE gauge Sensex rose over 190 points to trade above the 50,000-mark in the opening session on Tuesday on account of broad-based buying by...

GST collections up by 7% to Rs.1.13 lakh cr in February

The gross GST revenue collected in the month of February is one lakh 13 thousand 143 crore rupees. Finance Ministry said, out of this amount, CGST is ...

Telecom spectrum auction to continue today

Communications Minister Ravi Shankar Prasad has said that on the first day of Telecom spectrum auction yesterday, winning bids received till 6 PM were...

Sensex surges over 500 points in early trade

Mumbai: The BSE benchmark Sensex rebounded over 500 points in the opening session on Monday as investors cheered the domestic economy returning to gro...

Rupee slumps 29 paise against US dollar

Mumbai: The Indian rupee slumped 29 paise to 73.76 against the US dollar in opening trade on Monday, weighed down by significant foreign fund outflows...

Last date for filing of GST returns for 2019-20 fiscal extended till March 31

Finance Ministry has extended the due date for furnishing of the Annual returns GSTR-9 and GSTR-9C for the financial year 2019-20 to 31st of this mont...

Bidding for telecom spectrum auction to commence from today

The bidding for telecom spectrum auction will commence from today. It will be conducted online. Communication Ministry has said that, the auction will...

GDP growth for Q3 of current fiscal shows positive growth of economy returning to pre-pandemic times

Finance Ministry has said, Real GDP growth of 0.4 percent in the third quarter of 2020-21 has returned the economy to the pre-pandemic times of positi...

Sensex tanks over 1,000 points in opening trade

Mumbai: Equity benchmark Sensex tanked over 1,000 points in the opening session on Friday tracking losses in index majors ICICI Bank, HDFC twins and R...

Rupee tanks 67 paise against US dollar in early trade

Mumbai: The Indian rupee registered a massive fall of 67 paise and slipped below the 73 per US dollar mark in opening trade on Friday tracking weak As...

Ministry of Corporate Affairs and CBIC sign MoU in Delhi for data exchange

The Ministry of Corporate Affairs and Central Board of Indirect Taxes and Customs today signed a Memorandum of Understanding in New Delhi for data exc...

IWAI inks pact with MOL for transportation of LPG

A Memorandum of Understanding was signed between the Inland Waterways Authority of India and the MOL (Asia Oceania) Limited for transportation of Liqu...

Centre and States need to talk on reducing taxes on fuels: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has said that the government’s intent was not to shut down the public sector units, but it wanted the private sect...

Centre lifts embargo on private banks to undertake govt related banking transactions

The Centre has lifted embargo on private sector banks for conduct of government related transactions. They include taxes and other revenue payment fac...