Business
Sensex tops 41,800, hits new high

Sensex tops 41,800, hits new high

20-12-2019  comments

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

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

19-12-2019  comments

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…

GST Council votes first time, settles uniform lottery rate

GST Council votes first time, settles uniform lottery rate

18-12-2019  comments

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…

Sensex, Nifty trade near record levels

Sensex, Nifty trade near record levels

18-12-2019  comments

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…

Exporters meet FM, call for export development fund

Exporters meet FM, call for export development fund

17-12-2019  comments

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…

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

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

17-12-2019  comments

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…

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

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

16-12-2019  comments

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…

Markets are on a roll again

Markets are on a roll again

15-12-2019  comments

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…

More healthcare services may come under GST net

More healthcare services may come under GST net

15-12-2019  comments

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…

Gems & jewellery segment sees silver lining

Gems & jewellery segment sees silver lining

14-12-2019  comments

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.

…

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