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capital goods

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Finance minister Nirmala Sitharaman addresses the media in New Delhi on Monday.(Ajay Aggarwal/HT Photo)

State of the economy: The recovery question

UPDATED ON OCT 13, 2020 05:54 AM IST
The post-lockdown sequential recovery is flattening and inflation is gathering momentum. This raises questions on the recent optimism around economic recovery.
Will the self-reliance campaign create local manufacturing to substitute certain import items?(Bloomberg)
Will the self-reliance campaign create local manufacturing to substitute certain import items?(Bloomberg)

Disentangling India’s trade surplus

By Aashish Chandorkar
UPDATED ON JUL 20, 2020 06:55 AM IST
Exports are slowly bouncing back, even as the fall in imports in certain categories isn’t bad news
Enforcement Directorate
Enforcement Directorate

BPSL CMD diverted funds to arrange tax-free income: ED

Hindustan times, New Delhi | By Neeraj Chauhan
UPDATED ON JAN 19, 2020 12:03 AM IST
The charge sheet says that Singal asked a Delhi-based stock broker whom he knew for the past 15 years to help him create LTCGs.
Union Minister Ravi Shankar Prasad interacts with media ahead of Assembly election at party headquarter in Mumbai, Saturday, Oct 12, 2019.(PTI)
Union Minister Ravi Shankar Prasad interacts with media ahead of Assembly election at party headquarter in Mumbai, Saturday, Oct 12, 2019.(PTI)

In defence of economy, minister cites ‘huge business’ by 3 movies in a day

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON JUL 10, 2020 12:24 AM IST
The comment comes on the back of industrial output figures released on Friday which presents a different picture. The government data revealed factory output shrank by 1.1% in August
The budget could manage net revenue of Rs 25,000 crore by raising customs duty on items such as cashew kernels, metal fittings, mounting for furniture, auto parts and optical fibre cable(Arvind Yadav/HT PHOTO)
The budget could manage net revenue of Rs 25,000 crore by raising customs duty on items such as cashew kernels, metal fittings, mounting for furniture, auto parts and optical fibre cable(Arvind Yadav/HT PHOTO)

Customs duties to be hiked on many items

New Delhi | By HT Correspondent
PUBLISHED ON JUL 06, 2019 01:36 AM IST
The net revenue gain in direct taxes is, however, Rs 6,000-7,000 crore as the budget proposed to slash corporate tax while raising taxes on high net-worth individuals, he said, addressing a press conference after the budget was presented in Parliament by finance minister Nirmala Sitharaman.
Sensex on Friday closed with 196 points gain to end at 36,064 and also posted its second straight weekly gains amid signs of easing tensions between India and Pakistan.(REUTERS)
Sensex on Friday closed with 196 points gain to end at 36,064 and also posted its second straight weekly gains amid signs of easing tensions between India and Pakistan.(REUTERS)

Sensex slips over 50 pts in early trade on weak global cues

Mumbai | By Press Trust of India
UPDATED ON MAR 05, 2019 10:10 AM IST
Equities benchmark Sensex edged lower by over 50 points in early trade on Tuesday, tracking weak global cues amid caution on the US-China trade talks front and concerns over slowing Chinese economy.
The BSE Sensex rose over 100 points Thursday, but turned choppy after investors began booking profits at higher levels.(PTI File Photo)
The BSE Sensex rose over 100 points Thursday, but turned choppy after investors began booking profits at higher levels.(PTI File Photo)

Sensex, Nifty turn choppy, erase early gains on profit-booking

Mumbai | By Press Trust of India
UPDATED ON NOV 01, 2018 10:28 AM IST
The 30-share Sensex rallied 149.36 points, or 0.44 per cent, to trade at 34,591.41 points. The broader NSE Nifty too surged 55 points, or 0.49 per cent, to 10,441.60 in opening session.
The Indian rupee strengthened to around 73.28 to a US dollar from its Monday’s open of 73.41 to a greenback. It had closed last Friday’s session at 73.33 against the dollar.(Bloomberg/Picture for representation)
The Indian rupee strengthened to around 73.28 to a US dollar from its Monday’s open of 73.41 to a greenback. It had closed last Friday’s session at 73.33 against the dollar.(Bloomberg/Picture for representation)

Value buying, rupee lift equity indices; banking stocks gain

Mumbai | By Indo Asian News Service
UPDATED ON OCT 22, 2018 01:21 PM IST
Monday’s morning trade session has seen a healthy buying interest rate in sensitive stocks like banks, auto and capital goods. Even the Indian rupee strengthened to round 73.28 to US dollar from its Monday’s open 73.41.
People watch share prices on a digital broadcast outside the Bombay Stock Exchange (BSE) in Mumbai on October 11.(Kunal Patil/HT Photo)
People watch share prices on a digital broadcast outside the Bombay Stock Exchange (BSE) in Mumbai on October 11.(Kunal Patil/HT Photo)

Sensex reclaims 35,000-mark; rises 300 points on earnings optimism

Mumbai | By Press Trust of India
UPDATED ON OCT 16, 2018 04:59 PM IST
Rising for the third straight session, the 30-share index gathered 218.81 points, or 0.63 per cent, to 35,083.91 with all the sectoral indices led by auto, realty, consumer durables, capital goods and bankex trading higher by up to 1.15 per cent.
Mumbai, India - Oct. 11, 2018: People watch share prices on a digital broadcast outside the Bombay Stock Exchange (BSE) in Mumbai, India, on Thursday, October 11, 2018. (Photo by Kunal Patil/Hindustan Times)(Kunal Patil/HT Photo)
Mumbai, India - Oct. 11, 2018: People watch share prices on a digital broadcast outside the Bombay Stock Exchange (BSE) in Mumbai, India, on Thursday, October 11, 2018. (Photo by Kunal Patil/Hindustan Times)(Kunal Patil/HT Photo)

Sensex extends gains in cautious trade, up 132 points

Mumbai | By Press Trust of India
UPDATED ON OCT 15, 2018 05:17 PM IST
The rupee again breached the 74-mark against the US dollar to quote at 74.05 (intra-day) in the forex market.
A worker stands inside a paint factory in Gwalior, Madhya Pradesh.(Bloomberg)
A worker stands inside a paint factory in Gwalior, Madhya Pradesh.(Bloomberg)

India’s industrial production growth slips to 3-month low of 4.3% in August

New Delhi | By Press Trust of India
UPDATED ON OCT 12, 2018 06:16 PM IST
The industrial production measured in terms of Index of Industrial Production (IIP) was 4.8 per cent in August last year, the CSO data released Friday showed.
A worker operates a hydraulic press machine at a workshop manufacturing flanges for automobiles in Mumbai.(REUTERS)
A worker operates a hydraulic press machine at a workshop manufacturing flanges for automobiles in Mumbai.(REUTERS)

IIP grows at 6.6pc in July as manufacturing, capital goods shine

New Delhi | By Press Trust of India
UPDATED ON SEP 12, 2018 08:07 PM IST
In terms of industries, 22 out of 23 industry groups in the manufacturing sector showed positive growth during July 2018.
The BSE Sensex had lost 188.44 points in the previous session.(Aniruddha Chowdhury/Mint)
The BSE Sensex had lost 188.44 points in the previous session.(Aniruddha Chowdhury/Mint)

Sensex rises over 250 points, Nifty reclaims 11,400 mark

Mumbai | By Press Trust of India
UPDATED ON AUG 17, 2018 10:16 AM IST
Taking positive cues from global equities, the BSE Sensex was trading higher by 262.91 points, or 0.69%, at 37,926.47. The index had lost 188.44 points in the previous session.
The BSE Sensex had lost 306.33 points on Wednesday.(Reuters File Photo)
The BSE Sensex had lost 306.33 points on Wednesday.(Reuters File Photo)

Sensex shoots 318 points, Nifty above 10,500, IT, teck stocks gain

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON MAY 24, 2018 03:58 PM IST
The BSE Sensex closed 318.20 points or 0.93% higher at 34,663.1 on Thursday, while the wider NSE Nifty 50 settled the day up 83.50 points or 0.80%. The BSE gauge had lost 306.33 points in the previous session.
The benchmark BSE Sensex rose 147 points and Nifty reclaimed 10,600 mark .(PTI File Photo)
The benchmark BSE Sensex rose 147 points and Nifty reclaimed 10,600 mark .(PTI File Photo)

Sensex gains for second day, Nifty tops 10,600, RIL, Yes Bank top gainers

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON APR 24, 2018 04:20 PM IST
The BSE Sensex rallied 165.87 points to settle at 34,616.64, while the NSE Nifty ended 29.65 points higher at 10,614.35.
The 30-share BSE Sensex had lost 205.71 points in the last session of FY18 on Wednesday.(Dhiraj Singh/Bloomberg)
The 30-share BSE Sensex had lost 205.71 points in the last session of FY18 on Wednesday.(Dhiraj Singh/Bloomberg)

Sensex closes over 280 points higher on first trading day of FY19, auto stocks rally

Press Trust of India, Mumbai | By HT Correspondent
UPDATED ON APR 02, 2018 04:18 PM IST
At close, the BSE Sensex was at 33,255.36, 286.68 points or 0.87% higher, while the broader NSE Nifty 50 closed above the 10,200 mark, up 98.10 points or 0.97%.
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