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Cox & Kings & family of wealth destroyers: Investors flee stocks even at rock bottom pricing

Cox & Kings & family of wealth destroyers: Investors flee stocks even at rock bottom pricing

15-09-2019  comments

Mumbai (IANS) Apart from the general weakness in the financial markets at present, sharp fall in some prominent stocks have caught the retail investors by surprise.

Traders have resorted to panic selling, often at rates even less than…

FM announces new measures to boost exports

FM announces new measures to boost exports

14-09-2019  comments

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Saturday introduced RoDTEP - Remission Of Duties for Export Products - to replace the existing Merchandise Exports From India Scheme (MEIS).

Revenue foregone as a result of RoDTEP implementation…

Govt sets up Rs 10,000 cr fund for housing projects

Govt sets up Rs 10,000 cr fund for housing projects

14-09-2019  comments

New Delhi (IANS) With a focus on completing construction of unfinished units, the government on Saturday opened a special window of Rs 10,000 crore fund to provide last mile funding for housing projects which are non-NPA and non-NCLT and are net worth…

Sensex opens 70 points higher, Nifty above 11,000

Sensex opens 70 points higher, Nifty above 11,000

13-09-2019  comments

Mumbai (IANS) Sensex and Nifty opened marginally higher on Friday.

At 9.40 a.m., the Sensex was up 69.95 points higher at 37,174.23. It opened at 37,175.86, from its previous close of 37,104.28.

The Nifty was up 18.70 points higher at…

Yes Bank promoters seek probe against short sellers hammering the stock

Yes Bank promoters seek probe against short sellers hammering the stock

13-09-2019  comments

Mumbai (IANS) Yes Capital and Morgan Credit have written to the Surveillance and Investigation Department, National Stock Exchange, asking them to investigative and act against rumours spread against Yes Bank, causing damage to share value and opening…

India must get back to 19-20% export growth: Piyush Goyal

India must get back to 19-20% export growth: Piyush Goyal

12-09-2019  comments

New Delhi (IANS) Union Commerce Minister Piyush Goyal on Thursday said India must try to bring back the 19-20 per cent export growth to be able to reach the 5 trillion dollar economy mark as envisaged by Prime Minister Narendra Modi.

Firms with annual income upto Rs 2cr could get GST return relief

Firms with annual income upto Rs 2cr could get GST return relief

12-09-2019  comments

New Delhi (IANS) The all-powerful GST Council is set to discuss a proposal to exempt small businesses with an annual turnover of less than Rs 2 crore from filing annual returns.

Senior officials said that despite three extensions for filing…

Rains damage Goa runway, Navy defends regulated shutdown

Rains damage Goa runway, Navy defends regulated shutdown

11-09-2019  comments

Panaji (IANS) Heavy rains have deteriorated the runway at Goa's Dabolim international airport and the proposed shut down of the runway from November 2, for six hours every Saturday for its maintenance, was expected to prevent any further deterioration,…

Centre proposes to cut stake in select firms to under 51%

Centre proposes to cut stake in select firms to under 51%

11-09-2019  comments

New Delhi (IANS) The government proposes to offload substantial stake in at least 10 blue chip companies this year to meet its higher disinvestment target, even though the exercise will bring down its holding in these state-run firms to below 51 per…

FM set to list actions of 100-days amid low macro stats

FM set to list actions of 100-days amid low macro stats

10-09-2019  comments

Chennai (IANS) Amid the economic slowdown plunging August sales of automobiles to the lowest since 1997-98 indicating further worsening of demand and investment, Finance Minister Nirmala Sitharaman will elaborate on the decisions and initiatives taken…

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