Mid-sized EPC segment revenue to grow 15% this fiscal: Crisil

Mumbai (IANS) Strong order books and better operational preparedness in the second year of the Covid-19 pandemic will swell the top-lines of mid-sized (revenue less than Rs 1,000 crore last fiscal) engineering, procurement and construction (EPC) companies…

Govt ready for another cut in import duty on steel to tame prices

New Delhi (IANS) The government has proposed to slash import duties on steel items further bringing it to zero or near zero levels to provide relief to MSMEs, which have been hit hard by the high cost of raw materials amidst the raging pandemic.

Equity indices in green; metal, healthcare stocks surge

Mumbai (IANS) The key Indian equity indices traded on a positive note on Monday morning with healthy buying in metal and healthcare stocks.

Around 10.05 a.m., Sensex was trading at 49,455.42, higher by 248.95 points or 0.51 per cent from its…

Petrol, diesel prices remain unchanged for 2nd straight day

New Delhi (IANS) Petrol and diesel prices in the country remained unchanged on Sunday as oil marketing companies (OMCs) decided to pause the daily revision process and closely study global oil price movement before effecting any change in the domestic…

OMCs go on pause mode as petrol, diesel prices remain unchanged

New Delhi (IANS) Petrol and diesel prices in the country remained unchanged on Saturday as oil marketing companies (OMCs) decided to pause the daily revision process and closely study global oil price movement before effecting any change in the domestic…

'RBI liquidity window can augment healthcare infra'

Mumbai (IANS) The Rs 50,000 crore liquidity window offered by the Reserve Bank of India (RBI) to banks under priority-sector lending to augment Covid-19 healthcare infrastructure will help raise treatment capacity, and availability of medicines and…

Covid crisis poses economic risk in Q1 FY22; 'muted impact' likely: FinMin

New Delhi (IANS) As states take to lockdowns amid the severe Covid crisis, the Finance Ministry in a report has said that second wave of the Covid-19 poses downside risk to economic activities during April-June, although the impact is expected to…

Sensex pares gains to turn flat; auto stocks up

Mumbai (IANS) The key Indian equity indices traded on a flat note on Thursday morning giving up their initial gains.

Healthy buying was witnessed in auto and metal stocks.

At 10.45 a.m., Sensex was trading at 48,706.58, higher by 29.03…

Non-residents will be taxed if transaction value exceeds Rs 2 cr

New Delhi (IANS) Non-residents undertaking transactions with Indian parties will trigger taxability under the domestic law in India even if they do not have physical presence in the country and operate digitised businesses.

The Central Board…

Equity indices in green as RBI Guv announces liquidity measures

Mumbai (IANS) The key Indian equity indices traded on a positive note on Wednesday as the RBI Governor announced few measures to counter the impact of the second wave of Covid on the economy and businesses.

Around 10.45 a.m., Sensex was trading…