Sensex down 190 points, Nifty below 11,800

Mumbai (IANS) After opening on a flat note, the benchmark Sensex fell over 190 points during the early trade on Friday.

Investor sentiment took a hit after oil prices rose sharply.

Brent crude, the global oil benchmark, surged over 5…

GSP withdrawal won't have major impact on India: Goyal

New Delhi (IANS) Commerce Minister Piyush Goyal on Friday reiterated that the withdrawal of generalized system of preferences (GSP) by the US will not have significant impact on India.

The GSP allowed Indian traders and exporters duty-free…

GST Council focus now on easing compliance, curbing tax evasion

New Delhi (IANS) With the Goods and Services Tax (GST) regime stabilizing after a series of rate rationalizations, the focus of the government has now clearly shifted to easing the compliance burden and containing tax evasion.

In its 35th meeting,…

Damage by Jet's failure could have been averted: Narain

New Delhi (IANS) Senior journalist Vineet Narain in a tweet has claimed that the damage from the failure of Jet Airways could have been averted if the authorities acted on his complains on time.

Narain said that he and his colleagues "persistently…

Clear indication of economy losing traction: RBI Governor

Mumbai (IANS) Reserve Bank of India Governor Shaktikanta Das had, in the last Monetary Policy Committee (MPC) meeting, said that there is clear evidence of economic activity losing traction while giving the rationale for a rate cut.

"Overall,…

Markets open on positive note

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.

The Sensex of the BSE opened at 39,176,56 points. It touched a high of 39,334.97 points and a low of 39,158.10…

Assocham suggests tax sops for senior citizens

New Delhi (IANS) Industry body Assocham has advocated tax measures to benefit senior citizens in the Union Budget, to be presented on July 5 by Finance Minister Nirmala Sitharaman.

The Associated Chambers of Commerce and Industry of India (Assocham)…

Sensex, Nifty flat ahead of Fed policy meet

Mumbai (IANS) The Sensex on Tuesday opened marginally higher ahead of the US Federal Reserve policy meet.

The two-day US Federal Reserve's monetary policy meeting is scheduled to begin on Tuesday.

At 9.44 a.m., the S&P BSE Sensex…

Investors abandon Jet Airways, shares crash 52%

Mumbai (IANS) Jet Airways shares lost over half of its value on Tuesday following its lenders' decision to initiate bankruptcy proceedings against the grounded airline.

Jet Airways stocks hit an intra-day low of Rs 32.25 per share, falling…

India-US trade tension grips markets, Sensex tanks by 490 pts

Mumbai (IANS) The Sensex lost nearly 500 points on Monday as investors feared a tit-for-tat trade battle between the US and India after the latter raised tariffs on 28 US items in retaliation to US tariffs.

The US had raised tariffs on Indian…