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…

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)…

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…

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…

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…

Vistara, GoAir launch summer offer

New Delhi (IANS) Local carriers Vistara and GoAir on Monday launched sale of tickets offering an attractive deal for flyers. Many popular destinations such as Goa, Kolkata and Bengaluru are covered under the pre-monsoon sale.

While full-service…

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…

ADB approves Rs 1,650 cr infra projects in Tripura

Agartala (IANS) The Asian Development Bank (ADB) has approved projects for infrastructure development worth Rs 1,650 crore ($235 million) in seven of the eight district headquarter towns in Tripura, an official release said here on Sunday.

The…

New compounding rules make it difficult for tax evaders to get away

New Delhi (IANS) Tightening the screw on tax evaders, the revised guidelines issued by the Income Tax (I-T) Department have made serious offences under black money and benami laws "generally" non-compoundable.

This means that a person…

Japan to invest Rs 13,000 cr in various Northeast projects

Agartala (IANS) Japan has decided to invest Rs 13,000 crore (205.784 billion Yen) in several ongoing and new projects in different Northeastern states of India, an official release said here on Friday.

"After a meeting between Union Minister…