Sensex ends firm at 41,306.03 pts, two-week high
Feb 06, 2020, at 07:29 pm
Mumbai/UNI: Extending gains for the fourth straight session, the BSE on Thursday rallied by 163.37 points to end strong at 41,306.03, a two-week-high after the RBI kept the repo rate unchanged at 5.15 per cent and maintained 'accommodative' stance in its sixth bi-monthly monetary policy review of the financial year 2019-20 (FY20).
Rupee rises 3 paise against USD
Feb 06, 2020, at 07:18 pm
Mumbai/UNI: The Rupee on Thursday rose marginally by three paise to 71.19 against the US Dollar on selling of US Dollars by bankers and exporters, the dealers at the Forex Market said.
RBI keeps repo rate unchanged at 5.15 pc
Feb 06, 2020, at 12:48 pm
Mumbai/IBNS: To fight inflation, the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.15 per cent, according to the Bi-monthly Monetary Policy Statement of the central bank.
RBI likely to keep rates unchanged in bimonthly policy meeting
Feb 05, 2020, at 07:50 pm
New Delhi/UNI: The Reserve Bank of India is likely to keep repo rates unchanged at 5.15 per cent at its bimonthly policy meeting on Thursday, as the country battles rising inflation and slowing economy.
Bengaluru-based Strides Consumer forays into eastern India with two new products
Feb 05, 2020, at 04:29 pm
Kolkata/IBNS: Bengaluru-based consumer health care company, Strides Consumer Private Limited (SCPL), recently entered the market in eastern India with two new products.
Gem and jewellery craftsmen of Kolkata to hone their skills at upcoming Common Facility Centre
Feb 05, 2020, at 04:18 pm
Kolkata/IBNS: Kolkata-based artisans working with gem and jewelley will soon be able to take advantage of a Common Facility Centre (CFC) where they can work with modern tools and techniques.
Feb 04, 2020, at 11:40 pm
Kolkata/IBNS: ASSOCHAM Chairman PC Mody, while talking about the thought process that went in drafting Budget 2020 at the body's Post-Budget Conference to analyse tax-related proposals, said their focus was on promoting voluntary tax compliance, facilitate the compliant taxpayer and go after the delinquent ones.
Tatas and Singapore Airlines close to Air India acquisition: Report
Feb 04, 2020, at 07:54 pm
Mumbai/IBNS: Singapore Airlines and the Tatas are inching close to acquire the financially-hit national carrier Air India, an Economic Times report said.
Bajaj Auto registers total January 2020 sale down 3.11 per cent
Feb 04, 2020, at 05:28 pm
Mumbai/UNI: Auto major Bajaj Auto Limited has reported a drop of 3.11 percent in its total sales for the month of January 2020 at 3,94,473 units as against 4,07,150 units in January 2019.
Piramal Enterprises Q3 consolidate net profit moves up to touch 20.27 pc
Feb 04, 2020, at 05:17 pm
Mumbai/UNI: Piramal Enterprises has reported a rise of 20.27 percent on its consolidated net profit for the quarter ended December 31, 2019 at Rs 724.95 crore as against Rs 602.75 crore for the quarter ended December 31, 2018.
New production from KG D6 Project on track to start by mid-2020: Reliance
Feb 04, 2020, at 12:08 am
Mumbai/IBNS: The RIL-BP joint venture on Monday confirmed that it has completed the safe cessation of production in a planned manner, from the D1 D3 field in Block KG D6 (KG-DWN-98/3), off the east coast of India. The D1 D3 field was India’s first deepwater gas field to be put on production in April 2009.
Century Plyboards (I) reports 3pc revenue increase in the Third Quarter of Financial Year 2019-20
Feb 03, 2020, at 09:00 pm
Kolkata/UNI: Plywood maker Century Plyboards (I) reported a revenue increase of 3 per cent in the Third Quarter of Financial Year 2019-20.
Tips to Get a Low Interest Personal Loan in India
Feb 03, 2020, at 08:03 pm
The popularity of personal loans has been changing the scenario of the Indian lending market. As per stats released by the Reserve Bank of India, personal loans accounted for as much as 96% of non-food credits in the year 2018.
Indian Market:Â Sensex recovers 136.78 pts
Feb 03, 2020, at 05:57 pm
Mumbai/UNI: The BSE Sensex on Monday registered a smart gain of 136.78 points to 39,872.31 on fresh buying in Auto, Realty, Power, Metal and Materials amid weak global cues.
Asian Paints moves up by 6.32 pc to Rs 1867.40
Feb 03, 2020, at 05:54 pm
Mumbai/UNI: Asian Paints on Monday rallied by 6.32 pc to Rs 1867.40 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).
Godrej Properties consolidated Q3 net profit moves up by 9.20 pc
Feb 03, 2020, at 05:48 pm
Mumbai/UNI: Realty Major, Godrej Properties has reported a rise of 9.2 per cent in its Consolidated net profit for the quarter ended December 31, 2019 at Rs.45.46 crores as against Rs 41.63 crores for the quarter ended December 31, 2018.
BHEL clinches order for 40 MW Rahughat Hydroelectric Project in Nepal
Feb 03, 2020, at 05:35 pm
Mumbai/UNI: BHEL has won an order for the ElectroMechanical (EM) works for the 40 MW Rahughat Hydroelectric Project in Nepal.
Tata Chemicals consolidated net profit moves up by 6.54 pc to Rs 233.84 cr
Feb 03, 2020, at 05:32 pm
Mumbai/UNI: Tata Chemicals has reported a rise of 6.54 per cent in its consolidated net profit for the quarter ended December 31, 2019 at Rs 233.84 crore for the period ended as compared with net profit of Rs.219.48 crores for the quarter ended December 31, 2018.
Indian Rupee tad higher by one paisa against USD
Feb 03, 2020, at 05:29 pm
Mumbai/UNI: The Rupee on Monday rose marginally by one paisa to 71.33 against the US Dollar on fresh selling of US Dollars by bankers and exporters, the dealers at the Forex Market said.
Tata Motors opens bookings for the feature- loaded Harrier BSVI range
Feb 03, 2020, at 05:01 pm
Mumbai/IBNS: Automobile major Tata Motors on Monday announced the commencement of bookings for its Harrier BSVI range, with the introduction of the much- awaited Automatic Transmission variants.
First Coil rolled out from new Hot Strip Mill of SAIL-Rourkela Steel Plant
Feb 03, 2020, at 03:42 pm
New Delhi / Rourkela/IBNS: Steel Authority of India Limited’s (SAIL’s) Rourkela Steel Plant (RSP) on Monday said it has achieved a new feat by successfully rolling out the first coil from its newly installed world class Hot Strip Mill-2 (HSM-2), last week.
-1580716293.jpg "Rupee down 28 paise against USD")
Rupee down 28 paise against USD
Feb 03, 2020, at 01:21 pm
Mumbai/UNI: The Rupee on Monday tumbled down by 28 paise to 71.64 in opening trade on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Feb 03, 2020, at 12:17 pm
Mumbai/UNI:The benchmark index of Bombay Stock Exchange (BSE) on Monday recovered by 235 points to 39,701.02 on fresh buying inConsumer
With allocations to UTs, Budget 2020 provides Rs 1,67,250 Cr to Home Ministry for next fiscal
Feb 01, 2020, at 11:44 pm
New Delhi/UNI: With an allocation of Rs 52,863.61 crore for eight Union Territories (UTs), the Union Home Ministry has been allocated with Rs 1,67,250 crore in Union Budget 2020-21, presented by the Finance Minister Nirmala Sitharaman on Saturday.
SAIL Chairman appreciates Union Budget
Feb 01, 2020, at 06:34 pm
New Delhi/IBNS: SAIL Chairman Anil Kumar Chaudhary appreciated the Union Budget and said it is promising and full of oppurtunities.
On Budget presentation day Sensex crashes 1,000 pts; Nifty slips below 11,700 pts
Feb 01, 2020, at 05:37 pm
Mumbai/UNI: After Finance Minister Nirmala Sitharaman presented the Union Budget for 2020-21 the BSE Sensex plummeted 1050 points to sink below the 40,000 level in the late afternoon trade on Saturday, tracking a massive selloff in capital goods and financial stocks.
Union Budget: Rs 69,000 crore provided for health care in Union Budget 2020-21
Feb 01, 2020, at 05:01 pm
New Delhi/IBNS: In order to achieve the holistic vision of health care that translate wellness of the citizen, about Rs. 69,000 crore have been provided for health care in Union Budget 2020-21. It includes Rs. 6400 crores for Prime Minister Jan Arogya Yojana (PMJAY).
Union Budget: Increase in customs duty on footwear and furniture to promote domestic MSMEs
Feb 01, 2020, at 04:49 pm
New Delhi/IBNS: Keeping in view the need of MSME sector, Customs duty is being raised on items like footwear (from 25% to 35% on footwear and from 15% to 20% on parts of footwear) and furniture (from 20% to 25%).
Union Budget: Tourism sector proposed to get Rs 2,500 Crore in union budget 2020-21
Feb 01, 2020, at 04:23 pm
New Delhi/IBNS: To make India an attractive destination for both international and domestic tourists, Union Finance Minister Nirmala Sitharaman proposed to allocate Rs 2,500 crores in 2020-21 for the tourism sector.
Wanted to simplify income tax process: Nirmala Sitharaman
Feb 01, 2020, at 04:09 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Saturday said her government proposed to provide the middle-class taxpayers an optional regime in order to ensure that the money is placed in the hands of people and simplify the income tax process.