Business

July 22, 2018 9:13 PM

15th Finance Commission led by Chairman N.K.Singh in Gujarat on 4-day visit

The Fifteenth Finance Commission led by the Chairman N.K.Singh is in Gujarat on a 4-day visit to the state.  The commission will have meetings with Chief minister, ministers and other officials of the state at Gandhinagaron tomorrow.  Detailed presentations will be made on the finances of the state ...

July 22, 2018 7:52 PM

India Inc hails GST Council's decision to allow quarterly return filing

India Inc today welcomed the GST Council's decision to allow quarterly return filing for businesses with turnover of up to  Rs. 5 crore. It said, the move will boost compliance. So far, businesses with turnover of up to Rs. 1.5 crore were permitted to file returns quarterly. In a statement,...

July 19, 2018 1:50 PM

India fastest growing economy in Asia; on track to meet FY18 target: ADB

India continues tobe the fastest growing economy in Asia and is on track to meet current fiscalyear's projected growth of 7.3 per cent.  Asian Development Bank (ADB) in a newreport today said, Indian economy's growth will further accelerate to 7.6 percent in 2019, as measures taken...

July 18, 2018 11:19 PM

ONGC board approves exiting Pawan Hans, to sell 49% stake

Oil and Natural Gas Corporation- ONGC- the premier Public Sector Natural gas company has approved exiting its helicopter service provider Pawan Hans by selling its entire 49 per cent stake.  The Board of Directors of ONGC today took this decision. The move is expected to cut debt and consolidate res...

July 18, 2018 8:46 PM

Govt hikes sugarcane price by Rs. 20 per quintal to Rs. 275 rupees

The government today increased fair and remunerative price, FRP, of  sugarcane by 20 rupees per quintal to 275 rupees for the next marketing year starting October. The Cabinet Committee on Economic Affairs approved the FRP for 2018-19 sugar season payable by sugar mills at 275 rupees per quintal for...

July 18, 2018 12:13 PM

Sensex surges over 100 points up; Nifty rises 39 points to 11,047

At the stock markets, extending yesterday's rally, the Sensex at the Bombay Stock Exchange surged by over 100 points in late morning trade today. The 30-share index was trading 101 points up at 36,621 when reports last came in. The Nifty at the National Stock Exchange rose by 39 points to 1...

July 14, 2018 8:24 AM

Sensex adds 87 points in all time high close in afternoon trade to 36,635

Sensex at Bombay Stock Exchange today added 87 points in yesterday's all time high close in afternoon trade to 36,635. Amid positive Asian and European share markets, Nifty at National Stock Exchange was also up 15 points at 11,038.  Both domestic stocks today gained for sixth straight sess...

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