Business
WTO Sets up Dispute Panel over India's Duty Hike on 28 American Goods
The US in July had dragged India to the WTO by filing a complaint against New Delhi's move to increase customs duties, alleging the decision as inconsistent with the global trade norms.
India's November Industrial Output Rises By 1.8%, Turns Positive after 3 Months of Contraction
The cumulative growth for April-November over the corresponding period the previous year was 0.6%.
ED Attaches Rs 78 Cr Assets of Former ICICI Bank CEO Chanda Kochhar in Money Laundering Case
The ED registered a criminal case under the PMLA last year against Chanda Kochhar, Deepak Kochhar, Videocon promoter Venugopal Dhoot and others to probe alleged irregularities in sanctioning Rs 1,875-crore of loans by ICICI Bank to the corporate group.
Zomato to Raise $150 million from Alibaba-affiliated Investor Ant Financial
he fund infusion comes as Zomato pushes for a bigger market share in the highly competitive Indian food delivery space in a race with rivals such as Tencent-backed Swiggy and Uber's UberEats.
Rupee Strengthens 22 Paise as US-Iran Tensions De-escalate
Taking cues from the easing tensions, Asian stocks darted up in opening trade while oil markets recovered from supply disruption fears.
Mutual Funds Add Rs 3.15 Lakh Crore to Asset Base in 2019
Industry experts said the double-digit growth is a positive sign given the negative sentiment about equity and fixed income securities.
SBI Introduces OTP-based Cash Withdrawal Facility from its ATMs
As per the rule, once the customer enters the withdrawal amount, he/she will receive an OTP on his/her number. He will only be able to withdraw the amount after he enters the OTP.
Sensex Rises Over 100 Points, Nifty Reclaims 12,200 Amid Positive Cues from Chinese Markets
The 30-share BSE index was trading 125.84 points or 0.30 per cent higher at 41,431.86. Similarly, the broader NSE Nifty rose 46.55 points or 0.38 per cent to 12,229.05.
Sensex Opens Over 150 Points Higher on First Day of 2020, RIL Top Gainer
After rising 164 points in early trade on Wednesday, the 30-share BSE index was quoting 131.47 points or 0.32 per cent higher at 41,385.21. NSE Nifty rose 46.75 points or 0.38 per cent to 12,215.20.
PM Modi's Business-friendly Reforms Stopped Halfway; Investors Avoiding India, Says French Economist
Sorman, who has authored many books, including 'Economics Does Not Lie: A Defence of the Free Market in a time of Crisis', further said presently the temptation to turn to protectionism is strong in the country.
Yes Bank, DHFL and Bharti Infratel Among Key Stocks in Focus Today
Shares of Dewan Housing Finance Ltd (DHFL) were locked in the upper circuit of 5% after a media report said that the housing finance firm is likely to resume lending after seven months.
Rupee Rises 5 Paise to 71.22 Against US Dollar in Early Trade
At the interbank foreign exchange, the rupee opened at 71.26 then rose to 71.22 against the dollar, showing a rise of 5 paise over its previous closing.
Sensex, Nifty Turn Volatile Ahead of F&O Expiry Amid Thin Global Equities
After opening on a positive note, the 30-share BSE index was trading 47.67 points or 0.11 per cent higher at 41,413.59 in morning session. Similarly, the broader NSE Nifty slipped 12.20 points or 0.10 per cent to 12,202.35.
Trade Unions Urge FM Nirmala Sitharaman to Hike Income Tax Ceiling, Minimum Wages and Pension
During the meeting, they suggested that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.
Rupee Defies Strong Dollar Current and Ends Marginally up at 70.97
At the interbank foreign exchange market, the rupee opened weak at 71.08 then fell further to 71.12 against the US dollar, showing a decline of 14 paise over its previous closing.
Budget Likely to Cut Tax Rates for Individual Taxpayers: Report
Government officials are also debating whether to offer more help to troubled financial services and whether to increase import duties boost private investments and domestic manufacturing.