Business

December 13, 2018 12:02 PM

Sebi initiates adjudication against NSE

Markets regulator SEBI has initiated adjudication proceedings against NSE as well as around 30 entities in the exchange's co-location matter. Speaking to reporters in Mumbai yesterday after its board meeting, SEBI Chairman Ajay Tyagi said adjudication has started against 28 to 30 individual...

December 12, 2018 9:24 PM

Ministry of Tourism formulates guidelines for approval, reapproval of OTA

The Ministry of Tourism have formulated the guidelines for approval and reapproval of Online Travel Aggregators, OTA to ensure adequate safeguards against deficiency of service, alternate arrangements and punitive deterrence.  The ministry said in a statement yesterday that the voluntary scheme is o...

December 12, 2018 8:14 PM

Nov retail inflation slumps to 17-month low on easing food prices

Retail inflation eased to a 17-month low in November this year at 2.33 per cent, mainly due to decline in prices of kitchen essentials like vegetables.  According to the provisional data of Ministry of Statistics and Program Implementation released today, Retail inflation based on consumer price ind...

December 11, 2018 4:53 PM

Gold surges by Rs 155 on jewellers' demand

Gold prices on Tuesday rose by 155 rupees to close at 32,650 rupees per 10 gram at Delhi bullion market due to increase in demand from local jewellers.  Similarly, silver prices surged by 425 rupees to 38,575 rupees per kg on strong demand from industrial units and coin makers. Traders said gold saw...

December 11, 2018 4:30 PM

Sensex surges 190 points, Nifty closes at 10,549

Benchmark Domestic indices on Tuesday gained more than half a per cent amid fall in the rupee and mixed global share markets.  The key stocks witnessed recovery after logging losses of around two per cent yesterday.    The Sensex at the Bombay Stock Exchange climbed 190 points, or 0.54 per cent to r...

December 10, 2018 5:43 PM

Sensex tanks 714; Nifty closes at 10,488

Benchmark Domestic indices on Monday plunged around two per cent amid weak global share markets.  The key stocks fell amid concerns of investors over the outcome of state elections, weakening rupee, crude oil price rise and escalation in US-China trade tensions. The Sensex at the Bombay Stock Exchan...

December 10, 2018 12:36 PM

Direct Tax Gross collections for 2018-19 upto November are at Rs 6.75 lakh Cr

The provisional figures of Direct Tax collections for 2018-19 up to November this year show that Gross Collections are at 6.75 lakh crore rupees. This is 15.7 percent higher than the Gross Collections for the corresponding period of last year. Finance Ministry said in a release that refunds amountin...

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