Business

July 10, 2019 2:17 PM

Govt providing huge concession to fertilizer factories: D V Sadananda Gowda

Government is providing huge concession to the fertilizer factories for providing subsidized fertilizers to the farmers for agriculture purpose. Chemicals and Fertilizers Minister D V Sadananda Gowda said this while launching the Phase-two of the Direct Benefit Transfer of Fertilizer Subsidy in New ...

July 9, 2019 11:32 AM

Rupee declines by 18 paise to 68.84 against dollar

The rupee declined by 18 paise to 68.84 against the US dollar in early trade today, due to strong dollar demand from banks and importers amid persistent foreign fund outflows. Forex traders said, strengthening dollar against major currencies overseas and weak domestic equity market weighed on the lo...

July 8, 2019 8:37 PM

Sensex tanks 793 points; Nifty settles at 11,559

Benchmarks Domestic indices today plunged more than two per cent. The Sensex and Nifty, both, tumbled for the second session in a row amid heavy sell-off in global equities. Sensex at Bombay Stock Exchange declined 793 points or 2.01 per cent to trade close below 39,000 mark at 38,721. Nifty at Nati...

July 6, 2019 9:37 PM

Inclusive growth is main agenda of govt, says Niti Aayog member Ramesh Chand

Inclusive growth is the main agenda of the government and it can only happen with attention to rural areas, agriculture and the economically weaker section of the society.  Talking exclusively to All India Radio News, Member, Niti Aayog, Prof. Ramesh Chand said, the Union Budget 2019-20 focuses on i...

July 6, 2019 2:40 PM

Industry bodies, economic experts hail Union Budget

The budget 2019-20 has been hailed by the Industry bodies, Economic experts, Union Ministers, Chief Ministers of various states and NRIs. ASSOCHAM President B K Goenka said the budget is a mega investment-oriented initiative with a strong focus on scaling up rural infrastructure and demand along wit...

July 4, 2019 7:40 PM

French lawmakers approve 3% tax on online giants

In France, the lower house of parliament today approved a small, pioneering tax on internet giants like Google, Amazon and Facebook. The French government hopes that other countries will follow the suit. The bill foresees a 3 per cent tax on the French revenues of digital companies with global reven...

July 3, 2019 6:15 PM

HC asks RBI, ED to respond to plea alleging PayPal operating illegally

The Delhi High Court today asked Reserve Bank of India and Enforcement Directorate to respond to a plea alleging that online payment platform PayPal was operating illegally without the central bank's authorization. The bench of Chief Justice D N Patel and Justice C Hari Shankar issued notic...

July 2, 2019 6:37 PM

Rupee ends almost flat at Rs 68.95 against USD

Rupee today ended almost flat at 68 rupees and 95 paise against the US dollar in a lacklustre trade as participants preferred to sit on the fence ahead of the Union Budget due on Friday. At the interbank foreign exchange, the domestic unit opened at 69 rupees and two paise. During the day, the domes...

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