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Shaktikanta Das named new RBI Governor

Former bureaucrat Shaktikanta Das, who spearheaded the post-demonetisation normalisation of the economy, was Tuesday named the new governor of the Res...

Gold prices rise Rs 145; silver falls Rs 350

New Delhi: Gold prices rose by Rs 145 Monday to close at Rs 32,495 per 10 grams at the bullion market here on uptick in spot demand.Silver prices, how...

No GST on sale of complexes and flats having completion certificate:Govt

Center on Saturday clarified that there is no GST on sale of complexes, buildings and ready to move-in flats where sale takes place after issue of com...

Sensex cracks over 550 points in early trade today

Mumbai: The benchmark BSE Sensex cracked over 550 points Monday as investors turned jittery over exit poll results ahead of outcome of state elections...

India's coal output up 10% to 156 MT during April-November

New Delhi: India's coal import rose 9.7 per cent to 156.08 million tonne (MT) in the April-November period of the ongoing fiscal, as against 142.25 MT...

Demonetisation results in formalisation of economy, increased tax base: Arun Jaitley

Finance Minister Arun Jaitley yesterday said that demonetisation resulted in the formalisation of economy and has increased the tax base. Address...

OnePlus to launch 5G smartphone next year

Hawaii: Chinese handset maker OnePlus will join the growing roster of handset makers rolling out their 5G smartphones with a flagship device next year...

RBI proposes new method to benchmark floating rate of loans for MSMEs

Reserve Bank has proposed that floating interest rates on personal, home, auto and MSMEs loans be linked to external benchmarks like repo rate or trea...

Sensex cracks over 300 points in early trade

Mumbai: The BSE benchmark Sensex cracked over 300 points and the NSE Nifty fell below 10,700 in early trade Thursday on heavy selloff in metal and oil...

Rupee falls 54 paise, touches 71 level against US dollar

Mumbai: The rupee depreciated by 54 paise and hit the 71 per dollar mark in early trade Thursday amid strengthening American currency and weak opening...

RBI keeps key rates unchanged

Mumbai:The Reserve Bank of India (RBI) Wednesday expectedly kept interest rates unchanged but held out a promise to cut them if the upside risks to th...

Sensex falls over 200 pts, Nifty slips below 10,800 on global selloff

Mumbai: The BSE benchmark Sensex dropped over 200 points in early trade Wednesday following heavy selloff in global equities after concerns over US-Ch...

RBI to announce its fifth bi-monthly monetary policy review of current financial year today

The Reserve Bank of India (RBI) will announce its fifth bi-monthly monetary policy review of the current financial year this afternoon. The six-member...

ITR filing up 50% so far this year: CBDT chairman

New Delhi: Income tax return filing for assessment year 2018-19 has so far seen a 50 per cent rise since last year, a top finance ministry official sa...

Sensex drops over 100 points on weak global cues

Mumbai: The BSE benchmark Sensex dropped over 100 points in early trade on Tuesday amid mixed cues from other Asian markets, rising crude prices, weak...

Rupee falls 9 paise against US dollar in early trade

Mumbai: The rupee depreciated by 9 paise to 70.55 against the US dollar in early trade Tuesday at the interbank foreign exchange, amid strengthening o...

Govt clears Rs.91,149 cr GST refunds to exporters so far

New Delhi: The finance ministry Monday said Rs 91,149 crore has been issued so far to exporters as GST refunds, which are 93.77 per cent of total clai...

GST collection for November stands at Rs.97,637 cr

The GST collection in the month of November this year stood at 97 thousand and 637 crore rupees. The collection in October had crossed one lakh ...

FPIs inflow hit 10 months high of Rs.12,260 cr in November

Overseas investors have pumped 12,260 crore rupees into the Indian capital markets last month. It was the highest inflow in 10 months due to falling c...

Rupee falls 50 paise against US dollar

Mumbai: The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of...

Sensex surges over 200 points on US-China trade truce

Mumbai: The benchmark BSE Sensex opened over 200 points higher Monday following euphoria in other Asian stocks after US President Donald Trump and his...

India's economy grows at 7.1 per cent for 2nd part of 2018-19

India's economy grew at 7.1 per cent for the second quarter of 2018-19 according to data released by Central Statistics Office yesterday. These e...

Subsidised LPG cylinder price cut by Rs.6.52

The price of subsidised cooking gas, LPG has been cut by 6 rupees 52 paise per cylinder. A 14.2 kg subsidised LPG cylinder will cost 500 rupees 90 pai...

India's economic growth seen slowing during Modi's run for re-election

India’s annual economic growth probably moderated to 7.4 per cent in the July-September quarter, according to a Reuters poll, weakening just as Prime ...

Rupee rises 21 paise against US dollar

Mumbai: Rising for the fourth straight day, the rupee climbed 21 paise to a three month high of 69.64 against the US dollar in early trade Friday, ami...

Sensex rises over 150 points in early trade

Mumbai:The benchmark BSE Sensex gained over 150 points and the NSE Nifty began the December derivatives series by hitting the 10,900 mark in early tra...

Rupee breaches 70 per US dollar mark in intra-day trade

Mumbai: The rupee jumped 74 paise to breach the 70 per dollar mark and touched 69.88, a three-month high level, in intra-day trade Thursday amid susta...

Arun Jaitley to present interim Budget for 2019-20 fiscal on 1st of February next year

Finance Minister Arun Jaitley will present the interim Budget for 2019-20 fiscal on 1st of February next year. The Ministry said, the work for pr...

Sensex soars over 350 points on global cues

Mumbai: The benchmark BSE Sensex surged over 350 points and the NSE Nifty reclaimed the 10,800 mark in early trade Thursday on positive trend in other...