After onions, cooking oil gets costlier

New Delhi (IANS) After onion and garlic, prices of edible oil have registered a sharp rise due to costlier imports.

Consumers will have to dig deeper into their pockets as the cooking oil prices may rise further, say oil industry experts.

RBI's 'operational twist' reduces long-term yield

Mumbai (IANS) An immediate impact of RBI's version of 'operational twist' brought down 10-year bond yield by 15 basis points, giving a leg-up to the government in borrowing cheap.

According to bond market dealers, the immediate…

Sensex tops 41,800, hits new high

Mumbai (IANS) The benchmark Sensex touched record high of 41,809.96. It was the fourth consecutive session on Friday when the Dalal Street recorded a fresh high.

The BSE Sensex opened over 100 points higher.

At 11.15 a.m., it traded…

We are hopeful of relief on AGR review petition: Sunil Mittal

New Delhi (IANS) Bharti Enterprises chairman Sunil Mittal is hopeful of some relief in the review petition that the company has filed in the Supreme Court against the AGR dues of about Rs 43,000 crore to be paid next month.

"We are in a review…

Sensex, Nifty trade near record levels

Mumbai (IANS) Sensex and Nifty on Wednesday traded near record levels during the early trade, over favourable global cues and sustained inflow of foreign funds.

PC Jewellers fell over 7 per cent on the BSE after market regulator SEBI ordered…

GST Council votes first time, settles uniform lottery rate

New Delhi (IANS) The GST Council, in its 38th meeting on Wednesday, voted for the very first time since its inception to settle for a uniform rate on lotteries across the country, Rajasthan Minister Shanti Dhariwal said.

This is the first time…

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…