Business
New Real Estate Laws Come Into Effect Today, Only 13 States Notify Rules
The much-awaited Real Estate Act comes into force from Monday but only 13 states and UTs have so far notified rules under the Act which Union Minister Venkaiah Naidu said will enable only regulation of the sector and not "strangulation".
Equities Scale New Highs, Global Cues, Rupee Support Rally
After two consecutive weeks of losses, the Indian equity markets embraced the bulls as positive global cues and an appreciating rupee gave a fillip to investors' sentiments during the week ended Friday.
Sensex Rises 190.11 Points to End at 30,133.35. Nifty Closes at 9,351.85
Benchmark Sensex closed above the 30,000-mark for the first time on Wednesday, while the Nifty too finished at a record high on sustained buying amid positive global cues.
Consultation Paper on Spectrum Auction in 15 Days: Trai
Telecom regulator Trai expects to start the consultation process for the next round of spectrum auction in about a fortnight.
You Can Withdraw 90 Percent EPF to Buy Home, Pay EMI From Account
Over four crore subscribers of the retirement fund body EPFO can now make down payment and pay EMIs from their EPF accounts to buy homes.
India Set to Export Mangoes to Australia For the First Time
The report quoted Kaushal Khakhar, chief executive of Kay Bee Exports, as saying that all shipments to Australia would be sent by air, and the company would initially focus on exporting the Alphonso and Kesar varieties of mango.
Delay in Quota Reforms to Erode IMF's Credibility, Says Arun Jaitley
Finance Minister Arun Jaitley has expressed disappointment over the slow pace of IMF quota reforms and said any further delay would erode the legitimacy and credibility of the multi-lateral organisation.
Wipro's 'Performance Appraisal' Results in Sacking of 600 Employees
The country's third largest software services firm Wipro has sacked hundreds of employees following its annual "performance appraisal".
Rupee Edges up to 64.56 Against US Dollar
In worldwide trade, the dollar inched lower against a basket of major currencies, suffering from a solid performance by the euro before the first round of French presidential elections and from an improvement in sentiment towards Britain's pound this week...
Sensex Rises 54 Points on Hopes of Normal Monsoon
The government's weather office on Tuesday forecast a normal monsoon during the June-September period, which is expected to give a leg up to the rural economy.
Nirmala Sitharaman Hard Sells India as Investment Destination
He gave examples of Business Reform Action Plan (BRAC) on which states are being ranked on ease of doing business (EODB) and upgradation of Intellectual Property Regime. It was discussed that the electric vehicles, renewable energy, medical devices are th...
Rupee Takes 21-paise Hit After Dollar Clout Grows
Meanwhile, the benchmark BSE Sensex rebounded by 124.71 points, or 0.41 per cent, to 29,831.32 in early trade.
RBI Releases Paper on Wholesale, Long-term Finance Banks
The Reserve Bank of India on Friday released a discussion paper on a proposal to set up "differentiated banks" in the form of wholesale and long-term finance banks to fund large projects.
Want to Save Tax? Fake Rent Receipts Won't Help Anymore
People using fake rent receipts to save on income tax may be in for some trouble now.
Adani's Coal Mine Project in Australia Granted Water Licence
AIBC noted Adani as the single-largest Indian investor in Australia and said it encouraged more Indian companies to consider investing in Australia.
'FIPB Approval For Aircel-Maxis Deal Done in Normal Course of Business'
Congress leader P. Chidambaram has denied wrong doing in the Aircel-Maxis case, after reports emerged on Monday that BJP leader Subramanian Swamy had told the Supreme Court that the CBI was probing “all angles” in the case including Chidambaram’s role in...