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Thursday, January 23, 2020
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65.65 lakh returns for Dec filed till Jan 20: GST Network

January 22, 2020 5:07:35 am

“There have been few issues about one-time passwords (OTPs) being received with some time lag on account of delay by the email service provider or local internet issues.

Hyundai launches compact sedan Aura in India starting at Rs 5.80 lakh

January 21, 2020 5:45:54 pm

The new Hyundai Aura features three engine variants all of which are BS-VI compliant - 1.2 Litre ECOTORQ diesel engine, Kappa 1.0 Litre Turbo GDI petrol and 1.2 Litre MPI petrol. Buyers can also select between automatic and manual transmission in the 1.2-litre petrol and diesel engine variants.

Income Tax havens: These 7 countries have no income tax

January 22, 2020 11:08:14 am

Income Tax havens: In 2019 the highest income tax was collected in Sweden where individuals with highest incomes paid more than 50 per cent of their taxable income. Countries situated in Northern Europe and North Atlantic generally have greater income taxes. Here are some countries that do not tax individuals on their income.

Bengal: Bikes used for commercial purposes to be taxed soon

Info Edge shares erase morning gains, end nearly 2% lower on NSE

January 21, 2020 6:24:11 pm

Info Edge (India) shares rose as much as 3.36 per cent to Rs 2,676.10 apiece on the BSE, while on NSE, it climbed 3.21 per cent to Rs 2,675.00 per share after Zomato aquired Uber's food delivery business in India.

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What Budget 2020 can do to boost consumer spending

January 21, 2020 12:36:54 pm

Budget 2020 is keenly awaited at a time when consumer spending is low and retail inflation is increasing. Here's what it can do to boost consumer spending.

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Telecom stocks mixed after SC accepts fresh pleas on statutory dues

January 21, 2020 12:08:57 pm

Shares of Vodafone Idea jumped almost 18 per cent to Rs 5.73 on the BSE and gained 19.5 per cent to Rs 5.80 on the NSE. On the other hand, Bharti Airtel stock was trading marginally lower by 0.15 per cent to Rs 508.50 on the BSE.

US regulator doubled warnings to Indian drugmakers last year

January 21, 2020 11:46:08 am

The sanctions may delay about 18 per cent of new products Indian companies were planning to introduce in the US, according to a report Monday from Crisil Ltd, the local unit of S&P Global Ratings.

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AGR dues: SC to hear plea of telcos next week seeking fresh schedule of payment

January 21, 2020 11:34:16 am

In its plea, Vodafone Idea said it was “facing a huge financial stress and is not in a position to make either up front payment of the amounts due or provide any financial bank guarantees to securitise the amounts due”.

Gold edges down on stronger dollar, US-China trade woes limit losses

Gold climbs to two-week high as China virus scare spurs safe-haven bid

January 21, 2020 11:17:29 am

Spot gold prices touched their highest since Jan. 8 at $1,568.35 and were up 0.3 per cent at $1,566.06 per ounce by 0326 GMT. US gold futures were 0.4 per cent higher at $1,566.30.

China virus outbreak thwarts most bullish stock market in years

January 21, 2020 10:58:10 am

The declines come just days before China celebrates the Lunar New Year, a typically strong season for traveling and consumer spending.

Sensex drops over 200 points, Nifty tests 12,200; Rupee dips 6 paise against US dollar

January 21, 2020 10:17:06 am

After hitting an intra-day low of 41,301.63, the 30-share BSE index pared losses to trade 86.90 points or 0.21 per cent lower at 41,442.01. Similarly, the broader NSE was trading 18.90 points, or 0.15 per cent, lower at 12,205.65.

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Market Highlights: Sensex slips 205 points, Nifty ends at 12,170 weighed by auto, metal stocks

January 21, 2020 5:20:42 pm

Share Market, Stock Market Highlights: Everything that happened in equity, commodity and money markets.

Budget 2020 Expectations LIVE Updates: Here’s what industry and market experts expect

January 23, 2020 6:33:50 pm

Budget 2020 Expectations LIVE Updates: Catch all the LIVE updates on budget expectations from various corporates, economists, investors and market experts.

Zomato acquires Uber's food delivery business

Zomato acquires Uber’s food delivery business in India

January 21, 2020 7:55:28 am

By selling Uber Eats in India to Zomato, Uber can cut losses while taking a stake in a startup that was valued at $3 billion earlier this month.

IMF lowers India growth to 4.8%, calls it a drag on world economy too

IMF lowers India growth to 4.8%, calls it a drag on world economy too

January 22, 2020 3:08:03 pm

For the current calendar year 2020, India saw a sharp 1.2 percentage point cut in its growth forecast to 5.8 per cent, the biggest downward revision for any emerging market, which pulled down global growth forecast.

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In a first, Reserve Bank discloses board minutes to ‘enhance public awareness’

January 21, 2020 4:34:41 am

According to the minutes, made public for the first time, the Central Board deliberated on the state of the financial sector along with the supervision of entities, both banks and non-banks.

Weak demand, Jet collapse: Single digit growth in domestic passenger traffic in 2019, a first in 5 years

January 21, 2020 7:22:38 am

In 2018, passenger traffic growth was recorded at 18.60 per cent over the previous year, while in 2017 passenger traffic grew at 17.31 per cent.

SC clears govt-appointed board to take over debt-laden Unitech

January 21, 2020 4:37:25 am

A retired SC judge will also be appointed to monitor the resolution feedback being framed by the new board, the apex court added.

Any curb on duty-free cigarettes, liquor unlikely to dent trade deficit: Experts

January 21, 2020 4:38:16 am

The Commerce Ministry’s reported proposal seeks to cap the amount of liquor that travellers can buy from duty-free shops at one litre. It also reportedly proposed doing away with duty-free benefits for cigarettes.

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LG Murmu: We intend to make J&K an economic paradise for investors

January 21, 2020 4:32:56 am

Murmu told the business community that the abrogation of erstwhile state’s special status has removed all “artificial barriers” which will help make it an “economic paradise” for investors.