Cotton import duty cut may help Pak-China, spur Indian farmers' suicides, warns Maha panel

Mumbai (IANS) In a dark warning, a Maharashtra government appointed panel has warned that any move by the Centre to slash or withdraw import duty on cotton could benefit Pakistan-China and prove detrimental to the Indian agro-economy by spurring farmland…

Growth Curve: India's FY22 GDP expected to grow at 9.2%

New Delhi (IANS) India's economy is estimated to clock a growth of 9.2 per cent in terms of real GDP for FY22, official data showed on Friday.

In 2020-21, India's economy had contracted by (-)7.3 per cent.

On Friday, the First…

NBFC PCA to bring parity between banks, non-banks: Ind-Ra

New Delhi (IANS) The prompt corrective action (PCA) framework for non-banking financial companies (NBFCs) will bring a further parity in terms of the regulations between banks and non-banks, said India Ratings and Research (Ind-Ra).

Accordingly,…

'Junk companies trade with 20% circuit, shady companies are put into F&O'

New Delhi (IANS) Questions have been raised over stock exchanges and SEBI over how shady companies are allowed to trade at a 20 per cent freeze and in futures and options (F&O) category.

Sandip Sabharwal, investment advisor and equity analyst…

Fresh restrictions to impact retail automobile sales: FADA

New Delhi (IANS) Covid-led restrictions in several states and people starting working from home are expected to have a negative effect on retail automobile sales, the Federation of Automobile Dealers Association said on Wednesday.

"Various…

LIC assets at $463 bn exceeds the GDP of several economies

New Delhi (IANS) LIC assets at $463 billion exceeds the GDP of several economies, and it is ranked 5th globally in terms of life insurance GWP and 10th globally in terms of total assets.

Its assets are 1.1 times more than the entire Indian…

Equities trade positive in first trading session of 2022

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty at the National Stock Exchange (NSE) traded in the green in early trade on Monday -- the first trading session in 2022.

At 9.30 a.m., Sensex traded at 58,589…

Sensex settles 929 points up on first session of 2022

New Delhi (IANS) The Indian equity indices -- S&P BSE Sensex and NSE Nifty50 -- continued their gaining streak from 2021 and settled high on Monday, the first trading session of 2022.

The Sensex and Nifty settled at 59,183 points and 17,625…

Tata Motors' December sales up 24% YoY

New Delhi (IANS) Automobile manufacturer Tata Motors on Saturday reported a rise of 24 per cent in its domestic sales in December 2021 on a year-on-year basis.

The domestic sales rose to 66,307 units during the month under review from 53,430…

Tata Motors' PV sales overtake Hyundai in December

New Delhi (IANS) Automobile manufacturer Tata Motors' passenger vehicles vertical sold more units than Hyundai Motor India in December.

Besides, PVs, Tata Motors has a major presence in the commercial vehicle segment.

Tata Motors'…