SEBI plans more steps to avoid Karvy-like incidents: Tyagi

New Delhi (IANS) The Securities and Exchange Board of India (SEBI) would take further steps to avoid issues like the recent development involving Karvy Stock Broking, said a top securities market regulator official, here on Monday.

"We have…

Exporters meet FM, call for export development fund

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Tuesday held pre-Budget consultation with the representatives of industry, services and trade groups in connection with the forthcoming General Budget 2020-21.

The main areas of discussion…

Now wholesale prices jump in Nov; WPI rises to 0.58%

New Delhi (IANS) After retail inflation, the prices of essential commodities especially food items such as vegetables showed a massive rise in November on wholesale basis.

Accordingly, India's annual rate of inflation based on wholesale…

More healthcare services may come under GST net

New Delhi (IANS) The government may bring certain healthcare services under the GST net, touching upon a sensitive area, as it looks to give a leg up to revenue mobilisation hit hard in the ongoing economic slowdown.

Official sources said the…

Markets are on a roll again

Markets last week lost on one trading day and gained on the remaining four trading sessions. BSE SENSEX gained 564.56 points or 1.40 per cent to close at 41,009.71 points, while the NIFTY gained 165.20 points or 1.39 per cent to close at 12,086.70…

RBI central board discusses policy structure for coop banks, NBFCs

Bhubaneswar (IANS) The RBI central board on Friday discussed policy framework for cooperative banks, NBFCs, current economic situation and domestic and global challenges.

The board's discussions focussed on issues related to urban cooperative…

Gems & jewellery segment sees silver lining

Jaipur(IANS) The gems and jewellery segment sees a silver lining after a long slump as the number of queries has increased since last month, said former chairman of Gem and Jewellery Exports Council and Jaipur Jewellery Show secretary Rajiv Jain.

Sensex jumps 300 pts, Nifty tops 12k in early trade

Mumbai (IANS) Sensex advanced over 300 points during the early trade on Friday while the Nifty surpassed the 12,000 mark.

Investors were upbeat owing to the Fed's dovish stance on future rate trajectory and strengthening rupee.

At…

Govt's stimulus report card says FDI inflow at record level

New Delhi (IANS) The Finance Ministry on Friday presented a status report on the impact of the recently announced stimulus measures and said that FDI inflows rose exponentially during the first half of the fiscal FY19-20.

According to the ministry,…

Sensex up 173 pts ahead of IIP, CPI

Mumbai (IANS) Sensex and Nifty opened higher on Thursday ahead of the release of key macro figures -- CPI and IIP -- later in the day.

Analysts have said that the upcoming macro indicators like CPI inflation and the IIP data were unlikely to…