Business

FPIs remain net buyers for 2nd consecutive month in July

August 2, 2020 5:05 PM

FPIs remain net buyers for 2nd consecutive month in July

Foreign portfolio investors remained net buyers for the second consecutive month in July by pumping in Rs 3,301 crore in Indian markets.     According to the depositories data, a net sum of Rs 7,563 crore rupees was invested in equities while Rs 4,262 crore were withdrawn by FPIs in July. The net in...

GST collections stand at Rs 87,422 crore in July

August 1, 2020 5:12 PM

GST collections stand at Rs 87,422 crore in July

The gross GST revenue collected in the month of July this year is 87 thousand 422 crore rupees of which CGST is 16 thousand 147 crore, SGST is 21 thousand 418 crore and IGST is 42 thousand 592 crore rupees. It also includes 20 thousand 324 crore collected on import of goods and Cess is seven thousan...

Sensex declines 129 points; Nifty settles at 11,074

July 31, 2020 8:46 PM

Sensex declines 129 points; Nifty settles at 11,074

Domestic equity benchmarks today dropped marginally, tracking losses in index heavyweights amid mixed cues from global markets. Gold prices in the national capital rose to 54,538 rupees per 10 grams.   The BSE Sensex ended 129 points or 0.34 percent lower at 37,607, while the NSE Nifty fell 29 point...

Yes Bank Scam: Special CBI court rejects bail pleas of Wadhawan brothers

July 31, 2020 8:36 PM

Yes Bank Scam: Special CBI court rejects bail pleas of Wadhawan brothers

A special CBI court in Mumbai today rejected the bail pleas of DHFL promoter Kapil Wadhawan and his brother Dheeraj, accused in the Yes Bank scam.   Kapil and Dheeraj Wadhawan, promoters of Dewan Housing Finance Ltd (DHFL) and RKW Developers respectively, were arrested in April by the CBI in connect...

Govt says total Kharif crops sown over total area of 882 lakh hectares

July 31, 2020 8:18 PM

Govt says total Kharif crops sown over total area of 882 lakh hectares

Agriculture Ministry today said that the total Kharif crops has been sown on over 882 lakh hectare area against 774 lakh hectare area during the corresponding period of last year. The Ministry said, government is taking several measures to facilitate the farmers and farming activities at field level...

Eight core industries' output shrinks 15% in June

July 31, 2020 6:18 PM

Eight core industries' output shrinks 15% in June

Contracting for the fourth consecutive month, the output of eight core infrastructure industries shrank by 15 per cent in June this year due to fall in the production of coal, crude oil, natural gas, steel, cement and electricity.   According to the data released by the Commerce and Industry Ministr...

Oil prices rise after surprise drop in US crude inventories

July 30, 2020 7:44 PM

Oil prices rise after surprise drop in US crude inventories

Oil prices today rose after a surprise drop in U.S. crude inventories, but demand concerns amid record increases in COVID-19 infections in some U.S. states capped gains.   In intra-day trade, Brent crude prices were trading around 43 dollars per barrel while WTI crude prices were around 40 dollars a...

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