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April 5, 2019 10:52 AM
The rupee today appreciated by 12 paise to 69.05 against the US dollar in opening trade driven by the weakening of the greenback in overseas markets and higher opening in domestic equities. Meanwhile, the benchmark BSE Sensex was trading higher by 195 to quote at 38,880 while the NSE Nifty wa...
April 5, 2019 8:43 AM
Central Board of Direct Taxes (CBDT) has rejected media report which claimed that there had been a spike in the number of income tax stop filers in the year of demonetization. It has termed the report as false and baseless. In a statement, the CBDT said, it added 1.07 crore, new taxpayers, while th...
April 4, 2019 8:22 PM
April 4, 2019 7:43 PM
At the stock markets, key indices ended lower for the second straight day today while the rupee posted sharp losses against the dollar. The Sensex at the Bombay Stock Exchange lost 192 points, or 0.5 per cent, to close at 38,685. The Nifty dropped 46 points, to 11,598. At the forex market, the rupee...
April 4, 2019 8:13 AM
India's exports are expected to reach 32.4 billion dollars in March, the highest in any month so far, on account of healthy growth in sectors such as pharmaceuticals. In an interview to news agency PTI, Commerce and Industry minister Suresh Prabhu today said, that exports would cross 331 bi...
April 4, 2019 8:12 AM
Asian Development Bank, ADB, says India's growth is set to pick up. In its report released today, ADB said India is expected to grow at 7.2 per cent in the current fiscal on strengthening consumption. According to the Asian Development Outlook 2019, India's growth slowed from 7...
April 3, 2019 4:34 PM
At the stock markets, the Sensex at the Bombay Stock Exchange lost 180 points, or 0.5 percent, to close at 38,877, today. The Nifty at the National Stock Exchange dropped 79 points, or 0.6 percent, to 11,644.
April 2, 2019 9:13 PM
At the stock markets, Sensex hit a fresh all-time high on Tuesday and the rupee posted solid gains against the dollar. Rising for the fourth straight day, the Sensex at the Bombay Stock Exchange rose 185 points, or 0.5 per cent, to a record closing high of 39,057 and Nifty advanced 44 points, to 11...
April 2, 2019 8:32 AM
The Serious Fraud Investigation Office (SFIO) of the Ministry of Corporate Affairs has arrested former vice chairman of crisis-hit IL&FS for fraudulent conduct and causing wrongful loss to the company and its creditors. Official sources said Sankaran was arrested in Mumbai yesterday and has...
April 2, 2019 8:29 AM
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) will meet for the new fiscal's first bi-monthly monetary policy today. The MPC would declare its first bi-monthly policy statement for 2019-20 on Thursday. The central bank said in a release yesterday that the MPC wi...
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