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Union Budget 2022: Lower excise duties on fuel, reduction in personal tax rates possible
Business

Union Budget 2022: Lower excise duties on fuel, reduction in personal tax rates...

New Delhi, Feb 1: Lower excise duties (on petrol & diesel) and a reduction in personal tax rates are possible in the Union Budget. Given the strong tax-revenue performance in FY21/22, the government has a lot of room for manoeuvre on the tax front. Corporate tax was cut to an effective rate of...
Sensex tanks over 900 pts in early trade; Nifty slips below 17,000
Business

Sensex tanks over 900 pts in early trade; Nifty slips below 17,000

Mumbai, Jan 25: Equity benchmark Sensex slumped over 900 points in opening trade on Tuesday, tracking losses in index majors Wipro, RIL and HDFC Bank amid a weak trend in Asian markets. Besides, frantic foreign capital outflows also weighed on domestic equities, even as concerns over the US...
Decline in equities continue for 4th straight sessions
Business

Decline in equities continue for 4th straight sessions

New Delhi, Jan 21: The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty on the National Stock Exchange (NSE) extended their losses from the previous three consecutive sessions and declined on Friday.At 10.25 a.m., Sensex traded at 58,593 points, down 0.9 per cent from the previous close...
Reliance Jio topples BSNL as largest fixed line broadband provider
Business

Reliance Jio topples BSNL as largest fixed line broadband provider

New Delhi, Jan 18: In about two years of commercial roll out of its fixed-line broadband services, Reliance Jio has toppled 20 -year-old state-run telecom company BSNL as top service provider in the segment. According to a monthly telecom subscribers report released by the telecom regulator...
Financial literacy, a key trend among todays youth
Business

Financial literacy, a key trend among today's youth

New Delhi, Jan 13: Young people are increasingly signing up for financial literacy classes, which are conducted by India's leading financial institutions and are fueled by social media influencers who give financial advice but are often untrained to do so.There was a time when Indian youngsters...
Equities extend gains, Q3FY22 earnings in focus for fresh cues
Business

Equities extend gains, Q3FY22 earnings in focus for fresh cues

New Delhi, Jan 12: The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty on the National Stock Exchange (NSE) extended their gains on Wednesday from the previous day and traded positive in early trade.At 10.13 a.m., Sensex traded at 60,972 points, up 0.6 per cent from its previous close...
India to overtake Japan as Asia
Business

India to overtake Japan as Asia's 2nd largest economy by 2030: IHS

New Delhi, Jan 7: India is likely to overtake Japan as Asia's second-largest economy by 2030 when its GDP is also projected to surpass that of Germany and the UK to rank as world's No.3, IHS Markit said in a report on Friday. Currently, India is the sixth-largest economy in the world, behind...
Business

'Banarasi' mangoes in London, Dubai

New Delhi, Jan 7: For the first time, Banarasi mangoes are being exported to London, Dubai and other parts of the world under Agricultural and Processed Food Products Export Development Authority (APEDA) supervision, according to the Union Ministry of Commerce and Industry.A consignment of 1.2 and 3...
CBI lodges 4 separate cases in connection with Rs 940 Cr bank fraud
Business

CBI lodges 4 separate cases in connection with Rs 940 Cr bank fraud

New Delhi, Jan 6: The Central Bureau of Investigation (CBI) on Thursday said that four separate cases have been registered in connection with a bank fraud of around Rs 940 crore. After lodging the case, the agency conducted raids at the premises of the alleged accused.A CBI official said that...
Govt approves 19th tranche of electoral bonds; sale opens on Jan 1
Business

Govt approves 19th tranche of electoral bonds; sale opens on Jan 1

New Delhi, Dec 31: Ahead of assembly elections in five states, the government on Thursday approved the issuance of the 19th tranche of electoral bonds, which will be open for sale from January 1 to 10. Electoral bonds have been pitched as an alternative to cash donations made to political parties...
Sensex ends 296 pts higher; Nifty tops 17,050
Business

Sensex ends 296 pts higher; Nifty tops 17,050

Mumbai, Dec 27: Equity benchmark Sensex ended 296 points higher on Monday, tracking gains in index majors ICICI Bank, HDFC twins and Tech Mahindra amid a largely positive trend in global markets.After rebounding over 960 points from the day's low during the session, the 30-share index settled 295.93...
Indian equities steady in early trade on Friday
Business

Indian equities steady in early trade on Friday

New Delhi, Dec 24: The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty at the National Stock Exchange (NSE) traded steady during the early trade on Friday.At 9.30 a.m., Sensex and Nifty traded largely steady 57,340 points and 17,068 points, respectively. HCL Technology, SBI Life...
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