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GST: Govt dictating prices goes against ...

GST: Govt dictating prices goes against free-market spirit; will anti-profi...

In an interview  on Monday, revenue secretary, Hasmukh Adhia, gave out an explicit warning to companies planning to increase prices on products ahead of the launch of Goods and Services Tax (GST) on 1 July. Adhia, in his not-so-indirect threat, openly asked companies to hold back rate increases... read more »

Tips to Reduce Your Factory & Wareh...

Tips to Reduce Your Factory & Warehouse Insurance Premium

While it is a necessity to buy a comprehensive insurance policy to insure your factory & warehouse, there are various pragmatic ways through which a business owner can get the complete value of money or in other ways, reduce the insurance premium. Let’s have a look at some of the tips... read more »

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Heavy Bikes, Luxury Yachts, Private Jets...

Heavy Bikes, Luxury Yachts, Private Jets to Attract 31 Percent GST PTI

Srinagar: Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private aircraft and luxury yachts. According to the rate structure finalised by the GST Council, all cars, buses, trucks and motorcycles including... read more »

SBI’s bad loans didn’t affect it much. H...

SBI’s bad loans didn’t affect it much. Here’s the proof

State Bank of India reported its highest profit in six quarters on lower provisions for bad loans last quarter, but investors were wary about the outlook for its asset quality after the amalgamation of its five subsidiary banks from April. SBI, which accounts for more than a fifth of India’s... read more »

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Economy

Sensex closes 245 points down; automobile stocks plunge

Sensex closes 245 points down; automobile stocks plunge

Mumbai – A key index of the Indian equities markets Thursday closed 245.80 points or 1.16 percent down, its third consecutive fall this week, as bearish sentiment was observed ahead of the... read more »

Govt of the day pays the price for high inflation: Chidambaram

Govt of the day pays the price for high inflation:...

New Delhi – Apparently admitting that price rise was one of the reasons for Congress defeat in recent elections, Finance Minister P... read more »

Bharti Airtel, Reliance Jio to share infrastructure

Bharti Airtel, Reliance Jio to share infrastructure

New Delhi – Telecom service providers Bharti Airtel and Reliance Jio Infocomm have concluded a comprehensive telecom infrastructure-sharing arrangement... read more »

Sensex closes flat; capital goods stocks plunge

Sensex trades flat during early session

Mumbai – A key index of the Indian equities markets Tuesday closed flat as a result of profit bookings, a day after it rallied 329.89 points, on the... read more »

Sensex trades flat during pre-noon session

Capital goods stocks drop

Mumbai – A benchmark index of Indian equities markets! was trading flat at 82.18 points or 0.39 percent down in the pre-noon trade Tuesday. Good buying... read more »

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Investing

Gold futures rise to Rs. 26,812 per 10 gm

Gold prices rose 0.86 per cent to Rs. 26,812 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from the global market. At the Multi Commodity... read more »

Gold steady at Rs 27,000 on scattered buying; silv...

Gold prices on Wednesday held steady at Rs 27,000 per ten gram at the bullion market in the national capital on scattered buying by... read more »

Gold prices fall by 0.21 per cent in futures trade on g...

Gold prices eased by 0.21 per cent to Rs 26,800 per 10 grams in futures trade on Tuesday, tracking a weak global trend, as speculators offloaded their... read more »

Gold Falls by Rs 45 to Rs 27,265 on Sluggish Demand

New Delhi: In a mixed pattern of trading, gold prices declined by Rs 45 to Rs 27,265 per 10 grams at the bullion market on Monday, owing to slackened demand... read more »

Gold, silver prices rise on brisk buying, global cues

NEW DELHI: Any revision in gold import duty is unlikely to take place before the Budget and there is no proposal as of now to reduce the 10 per duty, a... read more »

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Gold & Metals

Gold price to remain range-bound

Gold price retreated on Saturday after scaling a monthly high of Rs.28,585 per 10 gram in Mumbai on Friday. The yellow metal reacted on unwinding by stockists by Rs.190 to close the week at... read more »

Gold, silver prices rise on brisk buying, global cues

Gold climbs Rs. 300 on seasonal buying, firming gl...

Continuing its rising streak, gold prices flared up by Rs. 300 to Rs. 28,800 per ten gram in the national capital on Thursday on sustained buying by... read more »

Gold gains Rs. 110 on festive season demand, global cue...

Gold prices jumped by Rs. 110 to Rs. 28,500 per 10 grams in the national capital on Wednesday on festive season demand and positive global cues. Besides,... read more »

Gold prices recover marginally; silver remains higher

NEW DELHI: Gold prices witnessed a modest rebound of Rs 45 to Rs 28,245 after declining for two days at the bullion market here on Thursday following... read more »

Gold, silver extend losses on global cues, sluggish dem...

Gold remained under pressure for the second straight day and declined by Rs 100 to Rs 28,100 per 10 grams in the national capital on Friday on weak cues from... read more »

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Lloyds, two others dismissed from yen Libor litigation in U.S

NEW YORK (Reuters) – A U.S. judge on Friday dismissed Lloyds Banking Group Plc , ICAP Europe Ltd and Tullett Prebon Plc as defendants from litigation alleging a conspiracy among many... read more »

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Crunch week as Fed meets on rates, Trump team joins G20

LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality for the global economy — or... read more »

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Some bank bulls grow wary on policy uncertainty

(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and... read more »

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State-owned carrier Air India understated losses – CAG

NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor... read more »

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India’s Avenue Supermarts IPO oversubscribed 106 times

MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the shares, tempted by the company’s... read more »