Business

March 21, 2020 5:18 PM

Jet Airways founder Naresh Goyal appears before ED

Jet Airways founder Naresh Goyal today appeared before the Enforcement Directorate in connection with a money laundering probe against Yes Bank Promoter Rana Kapoor and his family members.  The ED officials said that Goyal's statement will be recorded by the Investigating Officer of the cas...

March 21, 2020 1:47 PM

Rs 105366 cr collected through GST in February : Govt

The Government has said that a total of One lakh, five thousand 366, Crore Rupees was collected through GST in the month of February this year. This was stated in a written reply to the Rajya Sabha by Union Minister of State for Finance, Anurag Thakur. He also told that the Government had detected f...

March 20, 2020 5:02 PM

Sensex zooms 1,627 points; Nifty ends at 8,750

Snapping fours days of losing streak, domestic benchmark indices surged today amid hopes of a stimulus package by the government. The Sensex at the Bombay Stock Exchange zoomed 1,627 points, or 5.8 per cent, to end at 29,916, today. The Nifty at the National Stock exchange jumped 486 points, or 5.9 ...

March 19, 2020 6:26 PM

Govt eases import restrictions for certain chemicals, aviation gasoline

The government has removed import restrictions on certain chemicals including zinc dross, light, heavy and full range naphtha. The Directorate General of Foreign Trade, DGFT in a notification said, it has also allowed flying clubs to freely import aviation gasoline with certain conditions. For other...

March 15, 2020 8:58 AM

Yes Bank reports Rs 18,564 crore loss for Q4, 2019

YES Bank has reported a staggering Rs 18,654-crore loss for the December quarter due to higher recognition of dead assets on the books, and an erosion of capital buffers to the brink. The gross non-performing assets shot-up to Rs 40,709 crore or 18.87 percent of assets as of December 31, 2019, up fr...

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