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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

India Inc should keep abreast of changes in society: SEBI chief

India Inc should keep abreast of changes in society: SEBI chief

New Delhi – The corporate world cannot ignore social and political ha! ppenings in the larger society because the considerations that govern the rest of society will also govern corporates,... read more »

Sensex, Nifty surge most in 7 weeks on RBI hopes; rupee gains 0.6%

Sensex gains 173 points during pre-noon trade

Mumbai – A benchmark index of Indian equities markets gained 173.01 points or 0.84 percent during the pre-noon trade Friday. The rally was led... read more »

Rupee down 15 paise against dollar

Rupee down 15 paise against dollarRupee down 15 paise against dollar

Extending its losses for the fourth straight day, the rupee fell by another 15 paise to 62.29 against the dollar in early trade on Friday on the Interbank... read more »

India will never compromise on food security: Anand Sha...

India will never compromise on food security: Anand Sharma

New Delhi – After having successfully reached through consensus a trade agreement at the WTO meet, held in Indonesia, India will never compromise on the... read more »

Sensex trades flat during pre-noon session

Sensex trades flat during pre-noon session

Mumbai – A benchmark index of Indian equ! ities markets was trading flat at 80.51 points or 0.39 percent up during the pre-noon trade Tuesday. Good... read more »

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Investing

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Gold regains Rs 28,000 mark on seasonal demand, global cues

Continuing its rising streak for the third consecutive day, gold crossed the Rs 28,000 level after over four months by gaining Rs 100 at the bullion market in the national capital on Monday. The... read more »

Government hikes import tariff value on gold, silv...

NEW DELHI: The government today hiked import tariff value on gold to $401 per 10 grams and on silver to $543 per kg in line with global price... read more »

Gold Edges Towards 12-Week High on Safe-Haven Demand

Singapore: Gold edged up for a third session out of four to hover near a 12-week peak on Wednesday, bolstered by safe-haven demand as tumbling oil prices and... read more »

Gold firm ahead of US nonfarm payrolls report

SINGAPORE — Gold rose on Friday ahead of a closely watched US jobs report and the metal was set to post its first weekly gain in four thanks to safe-haven... read more »

India not planning further curbs on gold imports –...

India is not planning to impose any further curbs on gold imports as the current account deficit is under control, Trade Secretary Rajeev Kher said on... read more »

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Gold & Metals

Gold inches up for third day; Fed eyed for rate outlook

SINGAPORE: Gold inched up for a third straight session on Wednesday as speculation mounted that the Federal Reserve would vow to maintain interest rates at low levels when the US central bank... read more »

Gold, silver up on increased buying, firm global c...

Gold prices rose further by Rs. 10 to Rs 27,460 per 10 grams in the national capital on Tuesday, on increased buying by jewellers and retailers for... read more »

Gold price ends at fresh 3-month low of Rs 27,415 per t...

New Delhi: Gold prices fell further by Rs 195 to close at fresh three-month low of Rs 27,415 per ten gram in the national capital Friday on continued selling... read more »

Gold at three-month low on global cues

Extending losses for the eighth straight day, gold prices tumbled to trade at a three-month low of Rs. 27,600 per ten gram by falling Rs. 150 in the national... read more »

Gold dips below Rs 28K level on weak global cues

Continuing its losing streak for the fourth straight day, gold prices dipped below the Rs 28,000-level by falling Rs 70 to hit over two-month low of Rs 27,950... read more »

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Volkswagen pleads guilty in U.S. court in diesel emissions scandal

DETROIT/WASHINGTON (Reuters) – Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with... read more »

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U.S. extends leniency programme for companies that disclose bribery

MIAMI (Reuters) – The U.S. Justice Department will extend a programme that offers companies leniency if they voluntarily tell authorities when employees may have paid bribes, a... 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 faster... read more »