FM Nirmala Sitharaman to present Union Budget today
Feb 01, 2020, at 08:10 am
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman will present the Union Budget on Saturday.
Insolvency and Bankruptcy Code improved resolution processes in India: Economic Survey
Feb 01, 2020, at 12:17 am
New Delhi/IBNS: The Economic Survey 2019-20 highlighted that the Insolvency and Bankruptcy Code (IBC) has improved resolution processes in India compared to the earlier measures.
Subdued manufacturing activities lowered IIP, says Economic Survey 2019-20
Jan 31, 2020, at 11:04 pm
New Delhi/IBNS: The moderation in the Index of Industrial Production (IIP) to 3.8 per cent in 2018-19 compared to 4.4 per cent in 2017-18 has been due to subdued manufacturing activities caused by slower credit flow to Medium and Small industries, reduced lending by NBFCs owing to liquidity crunch, tapering of domestic demand for key sectors such as automotive sector, pharmaceuticals, and machinery and equipment, volatility in international crude oil prices, prevailing trade-related uncertainties, noted the Economic Survey 2019-20.
Jan 31, 2020, at 09:57 pm
New Delhi/IBNS: The Economic Survey 2019-20 says India’s aspiration to become a $5 trillion economy depends critically on promoting “pro-business” policy that unleashes the power of competitive markets to generate wealth, on the one hand, and weaning away from “pro-crony” policy that may favour specific private interests, especially powerful incumbents, on the other hand.
Tobacco major ITC's Q3 post tax profit up by 29 pc to Rs 4141 cr
Jan 31, 2020, at 09:03 pm
Kolkata/IBNS: Tobacco and FMCG major ITC Ltd on Friday reported a post tax profit rise of 29 percent in its quarter ending Dec 31..
After reaching the lowest point, Indian economy to revive from here: Chief Economic Adviser
Jan 31, 2020, at 06:35 pm
New Delhi/IBNS: Chief Economic Adviser KV Subramanian on Friday expressed hope that the Indian economy will start growing after hitting the bottom while predicting a growth of 6 to 6.5 per cent growth for the 2020-21 fiscal year.
Eight core industries growth stands at 1.3 per cent in Dec 2019
Jan 31, 2020, at 06:19 pm
New Delhi/UNI: The combined Index of Eight Core Industries of December 2019 increased by 1.3 per cent as compared to the index of the same month in 2018, according to government data on Friday.
Indian Rupee recovers 14 paise against USD
Jan 31, 2020, at 06:14 pm
Mumbai/UNI: The Rupee on Friday recovered by 14 paise to 71.34 against the US Dollar on fresh selling of US Dollars by bankers and exporters, the dealers at the Forex Market said.
Indian market:Â Sensex down 190.33 pts
Jan 31, 2020, at 06:12 pm
Mumbai/UNI: The BSE Sensex on Friday further lost by 190.33 points to settle at 40,723.49 ahead of union general budget to be present on Saturday.
CEA KV Subramanian lists out 10 major focus areas of Economic Survey to put economy back on track
Jan 31, 2020, at 05:44 pm
New Delhi/IBNS: Chief Economic Adviser KV Subramanian on Friday listed the major interventions made by the Modi government to put economy on track while stating that India is undergoing economic slowdown and part of it is due to the global slowdown that started in 2019.
ONGC drops by 5.80 pc to Rs 108.90
Jan 31, 2020, at 05:14 pm
Mumbai/UNI: ONGC on Friday slipped by 5.80 pc to Rs 108.90 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).
Jan 31, 2020, at 03:39 pm
Mumbai/UNI: OTM - the largest travel trade show in Asia Pacific region-will be held between Feb 3 and 5 at the Bombay Exhibition Centre, Goregaon here.
Sitharaman tables Economic Survey in Parliament, growth predicted at 6-6.5% in next fiscal year
Jan 31, 2020, at 01:24 pm
New Delhi/IBNS: The growth in the next fiscal year beginning on Apr 1 is predicted at 6 per cent to 6.5% as Union Finance Minister Nirmala Sitharaman tabled the Economic Survey on the first day of budget session in Parliament on Friday.
Indian-origin Arvind Krishna elected IBM Chief Executive Officer
Jan 31, 2020, at 09:27 am
New York/IBNS: The IBM Board of Directors has elected Indian-origin techie Arvind Krishna as Chief Executive Officer of the company and a member of the Board of Directors, effective Apr 6, 2020.
-1580396999.jpg "Reliance Industries declines by 2.51 pc to Rs 1442.50")
Reliance Industries declines by 2.51 pc to Rs 1442.50
Jan 30, 2020, at 08:40 pm
Mumbai/UNI: Reliance Industries on Thursday declined by 2.51 pc to Rs 1442.50 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).
Auto Expo 2020: Volkswagen to unveil its new brand design & logo
Jan 30, 2020, at 07:58 pm
Mumbai/UNI: Europe's largest car manufacturer Volkswagen will unveil its new brand design and logo to the public under the motto of “New Volkswagen” at the Auto Expo which is scheduled to be held in the national capital from February 7-12, 2020.
Entry, Exit gates of 3 Delhi Metro Stations closed after man opens fire near Jamia
Jan 30, 2020, at 04:20 pm
New Delhi/UNI: The DMRC on Thursday afternoon closed entry and exit gates at three metro stations--Jama Masjid, ITO and Delhi Gate soon after a Jamia Millia Islamia (JMI) student was shot during a protest march from university to Rajghat against the newly amended citizenship law.
McDonald's global sales surpass 100 bln USD in 2019
Jan 30, 2020, at 10:32 am
Chicago/Xinhua/UNI: Fast food giant McDonald's Corporation said Wednesday its annual sales surpassed 100 billion U.S. dollars for the first time.
Facebook posts double-digit growth in quarterly, yearly revenues
Jan 30, 2020, at 10:26 am
San Francisco/Xinhua/UNI: U.S. top social networking company Facebook Inc. Wednesday reported double-digit revenue growth for the fourth quarter and full year ended Dec. 31, 2019.
Make Sure You are Eligible for Personal Loan in 2020 with these Tips
Jan 30, 2020, at 12:14 am
For a common person in India who is salaried, lives in an urban area on rent, it is hard to get a loan without any credit. Especially in situations where the money is required to meet any personal need or an emergency, a common man is not expected to get the loan from banks or financial institutions without any collateral. However, with the popularity of personal loans increasing each day, this fact is quickly turning into a myth.
Indian Rupee gains by 7 paise against USD
Jan 29, 2020, at 07:22 pm
Mumbai/UNI: The Rupee on Wednesday gained further by seven paise to 71.25 against the US Dollar on brisk selling of US Dollars by bankers and exporters, the dealers at the Forex Market said.
Indian market: Sensex bounced back by 231.80 pts
Jan 29, 2020, at 06:14 pm
Mumbai/UNI: The BSE Sensex on Wednesday jumped by 231.80 points to 41,198.66, snapping a losing streak of last two sessions on the strength of fresh buying in FMCG, Industrials, Metal, Power and Realty amid recovering global cues.
Indian Rupee up by 12 paise against USD
Jan 29, 2020, at 04:39 pm
Mumbai/UNI: The Rupee on Wednesday rose by twelve paise to 71.21 on renewed selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
Bajaj Finance moves up by 4.95 pc to Rs 4421.75
Jan 29, 2020, at 04:35 pm
Mumbai/UNI: Bajaj Finance on Wednesday rallied by 4.95 per cent to Rs 4421.75, to be the top gainers in the 30 scrips index of the Bombay Stock Exchange (BSE).
Indian Rupee up by 12 paise against USD
Jan 29, 2020, at 01:58 pm
Mumbai/UNI: The Rupee on Wednesday rose by twelve paise to 71.21 on renewed selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
How to Get Rid of Your Credit Card's Annual Fee?
Jan 29, 2020, at 01:00 pm
According to reports from last year, the end of the previous year recorded 44.2 million active credit cards in circulation across India. The original spike in credit card users began after demonetisation in India when high-value currency notes were temporarily unavailable. With a rise in the number of credit card users, different types of credit cards were also introduced by the financial institutions.
Ather Energy introduces Ather 450X @ Rs 99K
Jan 28, 2020, at 11:52 pm
New Delhi/UNI: Ather Energy on Tuesday unveiled an advanced performance and intelligent electric scooter Ather 450X packed with brand new features, advanced 4G connectivity and a brand new ownership model at Rs 99,000 (Bengaluru) up front and a monthly subscription.
Jan 28, 2020, at 06:20 pm
Mumbai, Jan 28 (UNI) The equity market remained weak for the second day on Tuesday, as BSE Sensex slipped by 188.26 points, below 41K to 40,966.86, a three-week-low as selling pressure was seen in Materials, Energy, Telecom, Auto, Power and Technology stocks amid weak global cues.
Jan 28, 2020, at 06:19 pm
Mumbai, Jan 28 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Tuesday lost another 188.26 points, below 41K to 40,966.86 as renewed selling was witnessed in Materials, Energy, Telecom, Auto and Power stocks amid weak global cues.
PTC Foundation Trust extends support to underprivileged children
Jan 28, 2020, at 06:14 pm
New Delhi, Jan 28 (UNI) PTC Foundation Trust under CSR funding support of PTC India Ltd, has extended their support to the New Delhi based NGO, Sunaayy Foundation.