[
business news
]
Bihar budget: Fiscal deficit to be near 4% due to Covid-19 induced borrowings
By Anirban Guha Roy, Patna
PUBLISHED ON FEB 05, 2021 09:08 AM IST
- The state government has already borrowed ₹26,000 crore till January this fiscal as against the target of ₹28,000 crore.
Toyota strike: Siddaramaiah backs workers, to raise issue in assembly
By Sharan Poovanna | Edited by Abhinav Sahay, Bengaluru
PUBLISHED ON JAN 31, 2021 04:05 PM IST
- The strike had led to a short-term impact on the production and delivery of company brand vehicles during the peak of India's festive season.
Rajasthan’s Barmer oil refinery to start by 2022, investors assured
By Sachin Saini | Edited by Abhinav Sahay, Jaipur
PUBLISHED ON JAN 29, 2021 12:31 PM IST
- Rajasthan industries minister Parasadi Lal Meena says the state will grow into a major hub for petrochemicals products after the launch of the refinery.
Sensex jumps 194 points to end at 44,077; Nifty rises 67 points to 12,926
By hindustantimes.com | Posted by Mallika Soni | Hindustan Times, New Delhi
UPDATED ON NOV 23, 2020 04:12 PM IST
Sensex jumped 195 points tracking gains in Reliance Industries, Infosys and TCS amid largely positive cues from global markets.
Vaccine progress drives European stocks higher, dollar still sickly
By Reuters | Posted by Mallika Soni | Reuters
PUBLISHED ON NOV 23, 2020 03:43 PM IST
The rally showed investors are willing to look past the grim US case numbers -- cases topped 12 million over the weekend -- and weak European economic data released on Monday.
Aadhar-like registration, trustworthy entrepreneurs: New proposals made by law committee of GST Council
By hindustantimes.com | Edited by Mallika Soni | Hindustan Times, New Delhi
UPDATED ON NOV 23, 2020 02:26 PM IST
The new proposals could result in further tightening of the GST regime which could help in flagging discrepancies as the system for filing GST returns will become more automated with the use of e-invoices and auto-filled tax returns.
Sensex falls 580 points to close at 43,600; Nifty slumps 166 points ends below 12,800
By hindustantimes.com | Posted by Mallika Soni | Hindustan Times, New Delhi
UPDATED ON NOV 19, 2020 04:00 PM IST
Sensex falls 580 points to close at 43,600; Nifty slumps 166 points ends below 12,800
Sensex retreats from record after eight days of gains
By Bloomberg | Posted by Mallika Soni
UPDATED ON NOV 12, 2020 12:46 PM IST
The S&P BSE Sensex declined 0.7% to 43,309.08, slipping from Wednesday’s peak. Rupee weakened 0.1% to 74.4162 per US dollar, while the yield on 10-year government bonds rose one basis point to 5.92%.
Sensex, Nifty open higher led by banks and metals stocks
By hindustantimes.com | Edited by Meenakshi Ray | New Delhi
UPDATED ON MAY 05, 2020 09:45 AM IST
Axis Bank, ONGC, and IndusInd Bank were all up 3% and led the list of gainers in the Sensex pack. Marico Ltd also gained 5% after announcing its March quarter earnings.
From selling ISP connections to being on board of multiple MNCs – Vineet Puri’s life story is an inspiration for many
UPDATED ON APR 29, 2020 07:00 PM IST
In his first job, Vineet sold ISP connections for a mere Rs. 3000 per month. Today, he is a board member with an MNC and a senior business executive with another large MNC with international portfolios and marquee clients.
China’s central bank acquires over 1 % stake in India’s HDFC Ltd
By Press Trust of India | Mumbai
UPDATED ON APR 13, 2020 09:28 AM IST
People’s Bank of China’s holding in HDFC stood at 1,74,92,909 equity shares, accounting for 1.01 per cent of the share capital of the company as of March-end, as per exchange data.
Sensex, Nifty make record recovery after halt in trading amid coronavirus fear
By HT Correspondent | New Delhi
UPDATED ON MAR 13, 2020 01:18 PM IST
Financial markets have taken a severe beating over the last few weeks as coronavirus disrupted businesses across the world.
India’s factory output up in January, February retail inflation eases
By Asit Ranjan Mishra | Livemint, New Delhi
UPDATED ON MAR 13, 2020 06:53 AM IST
The items that registered the steepest rise in January include active pharmaceutical ingredients; mild steel slabs; separators including decanter centrifuge; electric heaters and steel pipes and tubes.
SBI reduces MCLR by up to 15 bps across tenors, 10th cut in current fiscal
By Press Trust of India | Mumbai
UPDATED ON MAR 11, 2020 05:53 PM IST
The SBI has reduced its one-year MCLR by 10 basis points to 7.75 per cent from 7.85 per cent earlier, the SBI said.
SBI cuts fixed deposit rates for second time in a month
By Edited by Surajit Dasgupta | Livemint
UPDATED ON MAR 11, 2020 11:44 AM IST
SBI said the new FD rates of interest shall be made applicable to fresh deposits and renewals of maturing deposits.
Petrol price falls below Rs 71 in India amid Saudi, Russia price war
By Press Trust of India | New Delhi
UPDATED ON MAR 09, 2020 06:42 PM IST
For India, which imports over 84 per cent of its oil needs, the slump would lead to lower import bill and a cut in retail prices but will harm already stressed upstream firms such as ONGC. Lower oil prices will also help economy from its 11-year low growth rate by way of reducing input cost for a lot of sectors.
Yes Bank put under moratorium: Full statement of RBI
By HT Correspondent | New Delhi
PUBLISHED ON MAR 05, 2020 10:14 PM IST
The RBI also superseded the board of Yes Bank, which has not been able to raise required capital for the last six months. It also appointed former Chief Financial Officer of SBI, Prashant Kumar as the administrator of Yes Bank.
Unravelling the secret behind becoming a successful entrepreneur
UPDATED ON FEB 21, 2020 12:05 PM IST
Trying to establish a brand, adjusting to match or exceed the competition and keeping your business profitable is a challenge. The key is to learn from those who have been there, done that and that too successfully.
Sensex, Nifty slip for 3rd session; oil and gas, financial stocks drag
By Press Trust of India | Mumbai
UPDATED ON FEB 17, 2020 04:17 PM IST
The 30-share BSE Sensex closed lower by 202.05 points, or 0.49 per cent, at 41,055.69; while the broader NSE Nifty was down 67.75 points or 0.56 per cent at 12045.80.
Sensex slumps over 200 points ahead of Union Budget; Nifty tests 11,900
By Press Trust of India | Mumbai
UPDATED ON FEB 01, 2020 09:52 AM IST
According to analysts, investors are cautious ahead of the Union Budget as all eyes will be on how centre is going to bring growth as any increase in spending would result in widening of fiscal deficit.
Sensex rises over 200 points, Nifty reclaims 12,100 amid recovery in global equities
By Press Trust of India | Mumbai
UPDATED ON JAN 29, 2020 10:00 AM IST
Tata Steel was the top gainer in the Sensex pack, rising over 2 per cent, followed by Infosys, M&M, Bharti Airtel, Maruti and Hero MotoCorp.
Sensex rises over 150 points in opening session; HDFC top gainer
By Press Trust of India | Mumbai
UPDATED ON JAN 28, 2020 10:10 AM IST
According to analysts, strong earnings of select bluechips lifted benchmarks. Broader markets continued to outperform signalling that investors are hoping for an economic revival in the upcoming budget.
Sensex rises over 250 points; L&T, Axis Bank rally 3%
By Press Trust of India | Mumbai
UPDATED ON JAN 23, 2020 09:57 AM IST
AAfter market hours on Wednesday, L&T reported a 15 per cent rise in its consolidated net profit at Rs 2,560.32 crore for quarter to December 2019.
Sensex drops over 200 pts, Nifty tests 12,200 after IMF lowers India’s growth rate
By Press Trust of India | Mumbai
UPDATED ON JAN 21, 2020 09:45 AM IST
Market sentiment was also hit after the IMF on Monday lowered India’s economic growth estimate for the current fiscal to 4.8 per cent and listed the country’s much lower-than-expected GDP numbers as the single biggest drag on its global growth forecast for two years.
Government against laws treating businesses with suspicion: Nirmala Sitharaman
By MC Rajan | Hindustan Times, Chennai
UPDATED ON JAN 20, 2020 01:49 AM IST
Sitharaman made it clear that the government was working towards creating an environment where the government and the industry could work together to attain the $5 trillion economy target.
Sensex hits lifetime high of 41,481, Nifty hit record peak in early trade
By Press Trust of India | Mumbai
UPDATED ON DEC 18, 2019 10:17 AM IST
After scaling its record peak, the 30-share index pared some gains to trade 106.90 points or 0.26 per cent higher at 41,459.07 in morning session.
Sensex jumps over 200 points; Nifty tests 12,100 in early trade
By Press Trust of India | Mumbai
UPDATED ON DEC 17, 2019 10:39 AM IST
Maruti was the top gainer in the Sensex pack rising up to 1.85 per cent, followed by Vedanta, ITC, Yes Bank, Infosys, Tata Steel, Bharti Airtel and SBI.
Sensex rallies 175 points to hit record high in opening session; Nifty tests 12,100
By Press Trust of India | Press Trust of India
UPDATED ON DEC 16, 2019 10:01 AM IST
Kotak Bank was the top gainer in the Sensex pack rising up to 2.01 per cent, followed by HCL Tech, Tech Mahirdra, TCS, Bajaj Auto and SBI.
Sensex falls 70 pts in early trade, dragged by losses in financial, banking stocks
By Press Trust of India | Mumbai
UPDATED ON DEC 09, 2019 10:12 AM IST
Bajaj Finance was the biggest loser in the Sensex pack with a decline by 1.28 per cent in morning deals, followed by HUL, ITC, SBI, Kotak Mahindra Bank, Tech Mahindra, TCS and Axis Bank.
Sensex falls 65 points in early trade on global trade worries
By Press Trust of India | Mumbai
UPDATED ON DEC 03, 2019 02:46 PM IST
In the Sensex pack, Tata Steel emerged as the biggest loser with a slide of 1.95 per cent, followed by Vedanta, IndusInd Bank, Bharti Airtel, ONGC and Axis Bank.
- 1
- 2
- ...