Business

February 2, 2019 7:00 PM

Sovereign Gold Bond Scheme 2018-19 (Series 6) to be opened from Monday

The Sovereign Gold Bond Scheme 2018-19 (Series 6) will be opened from Monday. It will continue till Friday. The issue price of the Bond during this subion period will be three thousand three hundred twenty-six rupees per gram with the settlement date of 1st of February. Finance Ministry in a release...

February 2, 2019 6:22 PM

GST revenue collection for January 2019 crossed one lakh crore rupees

The total gross GST revenue collection in the last month, was over One Lakh Crore rupees of which Central Goods & Services Tax, CGST, is 17,763 crore rupees and State Goods & Services Tax, SGST, is 24,826 crore rupees. Integrated Goods & Services Tax, IGST, is 51,225 crore ru...

February 2, 2019 6:19 PM

TVS Motor reports 4 % sales growth in January 2019

Two-wheeler maker, TVS Motor today reported a 4 per cent rise in total sales at 2 lakh 82 thousand 630 units in January as against 2 lakh 71 thousand 801 units in the same month last year. Total two-wheeler sales grew 2 percent to 2 lakh 69 thousand 277 units in January 2019. The company's ...

February 2, 2019 5:39 PM

Department of post to soon set up its own insurance company

Department of post will soon set up its own insurance company which will deal with its business of two products Postal life insurance and Rural Postal Life Insurance. Union Minister of state for Communications Manoj Sinha told media persons at Prayagraj that the proposal has been moved to Cabinet. M...

February 1, 2019 5:23 PM

Oil prices traded a bit high amid hopes US, China can settle trade disputes

Global crude oil prices traded a bit high today amid hopes the United States and China could soon settle their trade disputes, although data from China stoked concerns over an economic slowdown that could dent demand for fuel. So Brent crude oil futures rose 22 cents to 61.06 dollars per barrel. US ...

February 1, 2019 8:11 AM

GST collections in January cross Rs 1 lakh crore mark

The GST collections in January this year has crossed one lakh crore rupees mark. In a tweet, Finance Ministry said, this has been a significant improvement in comparison to GST collection over 94 thousand crore rupees during last month. It said, in January last year the GST collection was 89 thousan...

January 30, 2019 8:43 PM

Sensex declines 64 points to end at 35,593

At the Stock markets, key indices - the Sensex and the Nifty fell for the fourth straight day today, while the rupee ended flat against the dollar. The Sensex at the Bombay Stock Exchange ended with a loss of just one point, to close at 35,591. The Nifty ended flat at 10,652. At the forex market, th...

January 30, 2019 8:19 AM

RBI to inject Rs 37,500 crore through OMO in February

The Reserve Bank of India on Tuesday said that it will inject Rs 37,500 crore into the system through purchase of government securities in February to increase liquidity. The RBI said it has been monitoring the evolving liquidity conditions and durable liquidity requirements of the system. In a rele...

January 30, 2019 7:08 AM

Country's gold policy to be launched soon: Suresh Prabhu

Union Minister of Commerce and Industry Suresh Prabhu has said that country's gold policy will be launched soon and the ministry is pursuing Niti Ayog and consulting stake holders for it.  He was speaking at the launch of the Domestic Council for Gems and Jewellery in Mumbai on Tuesday.  He...

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