Business

Sensex creates history, crosses 35,000 mark: 5 things you should know

Benchmark index Sensex on Thursday was ona roll and created history. Sensex crossed the 35,000 mark for the first time ever.

Business

Sensex opens to a record high of 35,476.70; Rally in bank shares lead the surge

Foreign investors put in Rs 625.13 crore in stocks on net basis yesterday, while domestic institutional investors bought shares worth Rs 168.61 crore, provisional data showed.

Business

Sensex hits another peak of 35,476.70; Nifty at 10,887.10

All the sectoral indices, led by banking, FMCG and capital goods were trading in the positive zone with gains up to 1.92 %.

Business

Markets Soar to Fresh Record High; Sensex up Over 350 Points Above 35,450, Nifty Above 10,870

The Indian markets soared high in the opening trade on Thursday amid reports of likely increase in FDI for the banking sector.

Business

Companies that made shareholders RICH

The one common theme across companies that have rewarded shareholders is consumption.

Business

Rupee advances 5 paise against dollar at 63.83

On Wednesday, the rupee had rebounded by 16 paise to end at 63.88

Business

How Ikea plans to woo Indians

Pricing isn't at the heart of Ikea's strategy. It is understanding how Indians live.

Business

Will Modi's dream of 'electricity for all' ever come true?

The need of the hour is to strike a balance between the capability of the conventional and the prospect of the renewable to give a realistic shape to the Prime Minister's vision, says Rajiv Mishra.

Business

DNA Money Edit: Centre comes to rescue of banks

The government in the 2017-18 Budget had estimated market borrowings at Rs 43,000 crore through dated securities for the current fiscal

Business

Zee profit up 28.5% on strong ad show

Consolidated operating revenues at Rs 1,838.1 crore grew 12.1% on year for the period under consideration

Business

Consumption rebound lifts HUL net 28% in Q3

There are early signs of commodity cost inflation and we will sharpen our focus on cost-effectiveness programmes, says Harish Manwani

Business

Hike Total to allow users to chat, transfer money without active internet data

Hike Total will be accessible to users for starting price of Re 1, Kavin Bharti Mittal, founder and CEO, Hike said

Business

Promising outlook for the corporate tax world?

There is a strong need and plea for abolishing MAT, especially with the phasing out of deductions and exemptions

Business

Shift to MCLR system ASAP if you have taken home loan on base rate

Those who had their home loans sanctioned in June 2010 will pay 10.90% as compared to the 8.35% paid by new home loan borrowers today

Business

GST Council may cut rates of 70-80 products

The Council is expected to look at reduction in GST rates for items like job-work services, biscuits, electric vehicles, handicraft, real estate, sanitary napkins, agricultural implements and other

Business

How liquid funds score over bank fixed deposits

Well-run liquid funds are generally considered as safe as FDs and generally beat the interest rate earned on FDs of similar duration

Business

Does your personality match your job?

Employers are increasingly matching personality types with jobs

Business

Budget 2018-19: Economic odds stacked high

As govt struggles to stick to deficit target, it may focus on agriculture and infra, and policies with larger welfare effect

Business

GST and stamp duty on property may be merged at 12%

GST Council will deliberate if it has to either reduce GST rate in order to bring down the overall taxation to within 12% or include stamp duty within the existing 12% GST rate

Business

Sensex's fastest 1000-pt blitzkrieg in over three years

Data shows that the 30-share Sensex took just 16 trading sessions to surpass 35000 points after closing above 34000 on December 26 last year

Business

Sensex enters middle age, hits 35000

Government's plan to reduce borrowings sets bank stocks on fire and sends the index soaring 310 points; Nifty too hits record

Business

The biopharma companies that could be getting ready to spend big following tax reform

Reuters President Donald Trump meet with Pharma industry representatives As part of tax reform, pharmaceutical and biotech companies are likely to bring back

Business

9 phrases only MBAs understand

Harvard Business School/Facebook They've got their own lingo. Every industry has its own lingo. Business-school jargon may be especially perplexing to outsiders.

Business

Punjab Lost 40 Per Cent Revenues After GST Implementation: Minister

Calling for uniformity in tax rates of petroleum products, he said the issue would be taken up at the meeting of finance ministers of the northern zone on January 19, as states should not be seen as competing with each other.

Business

Airbus has the airline it needs to save the A380, but it can't close the deal

Emirates Airbus may shut down the A380 superjumbo program without an additional order from Emirates. However, Airbus failed to secure an Emirates order in

Business

Five Jobs Related Announcements Likely in Union Budget 2018

Raising the exemption limit from current ₹2.5 Lakh to ₹3 Lakh, if not ₹5 Lakh is highly expected from the Finance Minister. This is going to impact the low to mid-income category of individuals directly.

Business

First Budget After GST: How this Union Budget will be Different from Past Ones?

Union Budget 2018 is going to be different from many previous budgets as a lot has changed in the past one year with the introduction of Goods and Services Tax since 1st July 2017.

Business

Govt Cuts Additional Borrowings to Rs 20K Crore in FY'18

The government had last month announced that it would make an additional borrowing of Rs 50,000 crore during 2017-18 through dated securities. However, there would have been no change in the net borrowing as envisaged in the Budget.

Business

Assocham Seeks Higher Outlay for Education in Budget

In a letter to Finance Minister Arun Jaitley, the chamber argued that with external state regulation and risk of agitation in the campus, higher educational institutions can neither absorb the new tax burden nor pass on the same via increase in fees.

Business

Cyrus Mistry Removed as Tata Sons Board Lost Confidence in Him: Abhishek Manu Singhvi

The board was concerned about the falling revenue since Cyrus Mistry took over, and he failed to turn around the problematic performance of the group companies such as Tata Motors and Tata Telecom, said Tata Sons' counsel Abhishek Manu Singhvi.

Business

E-way bill platform open to all users,14 states join trial run

With 14 states joining the e-way bill system, GST Network today said it has opened the platform for trial by all users.

Business

Direct Tax Mop-up Jumps 19% to Rs 6.89 Lakh Crore This Fiscal

The collections till January 15, 2018 represent over 70 per cent of the Rs 9.8 lakh crore revenue target from direct taxes, the Central Board of Direct Taxes (CBDT) said in a statement.

Business

Bitcoin Jolted by Regulation Worries, Tumbles 11 Per cent on Extended Sell-off

The price of the world's biggest and best known cryptocurrency fell to as low as $10,065 on the Luxembourg-based Bitstamp exchange, a six-week low and close to half the peak price of almost $20,000 it reached in December.

Business

All 14 Types of Rs 10 Coin Valid, Legal Tender: RBI

The Reserve Bank of India has also asked banks to accept coins for transactions and exchange at all their branches.

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