Sensex up by 58 points

At the stock markets, after a positive opening, the Sensex at the Bombay Stock Exchange gave up some of its initial gains, but had still advanced 58 points, to 31,983, a short while ago. The Nifty at the National Stock Exchange rose 12 points, to 10,029.And at the forex market, the rupee had appreci...

IMF trims India growth forecast for current financial year to 6.7 %

Sensex up by 121 points

After a positive opening, the sensex at the Bombay Stock Exchange remained firm, and had climbed 121 points to 32045 a short while ago. The Nifty at the National Stock Exchange rose 40 points, to 10057.And at the forex market, the rupee had appreciated just one paise, to 65.27 against the dollar in ...

Sensex up by 104 points; reclaims 32,000 mark

The Benchmark BSE Sensex reclaimed the 32,000 mark by rising 104 points to 32,028 and Nifty went above 10,050 in early session today. Rupee climbed 10 paise to 65.18 against the dollar today after US tax cut plans failed to sustain interest in the US currency among traders. Yesterday, the rupee had ...

Centre imposes anti-dumping duty on imports of steel wire rods from China

The Centre has imposed anti-dumping duty on imports of certain steel wire rods from China for five years, with a view to guard the interest of domestic players from cheap in-bound shipments. The duty was imposed after the Commerce Ministry's Directorate General of Anti-Dumping and Allied Du...

Centre imposes anti-dumping duty on imports of steel wire rods from China

The Centre has imposed anti-dumping duty on imports of certain steel wire rods from China for five years, with a view to guard the interest of domestic players from cheap in-bound shipments. The duty was imposed after the Commerce Ministry's Directorate General of Anti-Dumping and Allied Du...

State govts adopting GST at fast pace: FM Arun Jaitley

Finance Minister Arun Jaitley has said despite attempts to derail the recently introduced Goods and Services Tax (GST), the states are adopting the new regime at a fast pace. Mr Jaitley was responding to a question on the biggest challenges for GST during a conversation with Dan Schulman, president ...

Insurance claim can't be denied if reason for delay satisfactorily explained: SC

Supreme Court has said that insurance claims cannot be rejected if the reason for delay in filing it is satisfactorily explained. A bench of Justices RK Agrawal and S Abdul Nazeer said that rejection of the claims on purely technical grounds in a mechanical manner will result in the loss of confiden...

RBI to soon launch financial literacy drive in 9 states

The Reserve Bank of India (RBI) is to launch a financial literacy drive in 80 blocks in nine states on pilot basis to educate people on e-transactions, formal sector borrowings and insurance purchases. The pilot project, according to RBI will be commissioned in the 9 states of Maharashtra, Chhattisg...

Centre imposes anti-dumping duty on imports of steel wire rods from China

The Centre has imposed anti-dumping duty on imports of certain steel wire rods from China for five years, with a view to guard the interest of domestic players from cheap in-bound shipments. The duty was imposed after the Commerce Ministry's Directorate General of Anti-Dumping and Allied Du...