Business

October 22, 2018 9:26 PM

Sensex declines 181 points; Nifty closes at 10,245

Benchmark Domestic stocks on Monday closed with losses for third straight session amid positive global markets.  Sensex at Bombay Stock Exchange declined 181 points or 0.53 percent to 34,134.  The Nifty at the National Stock Exchange also fell 58 points or 0.57 percent to 10,245. 

October 22, 2018 9:04 PM

80% rise in number of ITR filed in last four fiscal years: CBDT

The number of Income Tax returns filed in the last four financial years has registered a growth of over 80 per cent.  The number was 3.79 crore in the year 2013-14 which has increased to 6.85 crore in 2017-18.  According to direct tax statistics released by the CBDT on Monday, the number of taxpayer...

October 19, 2018 4:56 PM

Centre to increase Onion supply in Delhi from buffer stock

The Centre has decided to increase the supply of Onion in Delhi from the buffer stock by two to three times from the current level to tide over any constraint in the interim supply of the commodities in the market.  The implementing agency NAFED has been asked to increase the quantity supplied from ...

October 17, 2018 9:00 AM

RBI issues guidelines to facilitate payments among PPI

In a move aimed at promoting digital transactions, the Reserve Bank of India (RBI) has released operational guidelines to facilitate payments among prepaid instruments (PPI) such as mobile wallets. The guidelines, released yesterday, elaborate on requirements for achieving inter-operability for mobi...

October 17, 2018 8:18 AM

India ranked 58th most competitive economy in WEF index

India has been ranked as the 58th most competitive economy on the World Economic Forum's global competitiveness index for 2018. The WEF said, India's rank rose by five places from 2017, the largest gain among G20 economies. According to the report, the top performers in the &qu...

October 15, 2018 1:49 PM

WPI inflation rises to 5.13% in September

Inflation based on wholesale prices rose to a two-month high of 5.13 per cent last month, mainly due to hardening of food prices and rise in cost of petrol and diesel.  The Wholesale Price Index (WPI) based inflation stood at 4.53 per cent in August and 3.14 per cent in September last year. Accordin...

October 12, 2018 8:46 PM

Sensex climbs 732 points to 34,734, Nifty also surges 238 to 10,473

Benchmark domestic stocks today bounced back strongly and recovered from big losses of previous session after European and other Asian shares logged positive trade. Rupee also registered a strong recovery. Sensex at the Bombay Stock Exchange climbed 732 points or 2.15 percent to 34,734. The Nifty at...

October 12, 2018 1:40 PM

Govt hikes import duty on certain communication items up to 20%

The government has hiked the import duty on certain communication items, including base stations, to up to 20 per cent as part of efforts to check a widening current account deficit by curbing imports. According to the notification issued by the Central Board of Excise and Customs, the increased dut...

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