NEW DELHI: Stock indices ended higher on Tuesday with the BSE and NSE indices scaling new all-time highs as hopes for the Covid-19 vaccine run high. After hitting an intraday high of 44,161, the benchmark index BSE Sensex it closed 315 points or 0.72 percent more at the record close …
Read More »
NEW DELHI: Reserve Bank of India (RBI) settled Tuesday with cash trouble Lakshmi Vilas Bank (LVB) defaulted for a period of one month and withdrawals restricted to Rs 25,000 for depositors, due to the serious deterioration of the financial situation of the lender. In an official statement, the RBI said: …
Read More »
NEW DELHI: Prime Minister Narendra modi on Tuesday it said India provides great investment opportunities for the world and moves towards urban transformation. Address the 3rd annual Bloomberg New Economy Forum, PM said: “India has exciting opportunities to invest in urbanization, mobility, innovation and sustainable solutions. These opportunities come alongside …
Read More »
NEW DELHI: Fifteen countries in Asia and the Pacific, with a combined gross domestic product (GDP) of more than $ 26 trillion and comprising nearly a third of the world’s population, signed the world’s largest trade agreement at the 37th Association of Southeast Asian Nations (Asean). Summit on November 15. …
Read More »
MUMBAI: Samvat year 2077 started on a strong note with the sensex climbing a new lifetime high near the 43,850 mark and closed with a 195 point gain at 43,638 points, also a new closing high. Continuing the recent euphoric trend, the one-hour special trading session on Saturday night kicked …
Read More »
NEW DELHI: Markets held a one-hour special Muhurat Trade session on Diwali (Saturday) to mark the beginning of Samvat 2077. The Hindu calendar year begins on Diwali and the Muhurat trade is believed to bring prosperity and wealth throughout the year. The benchmark BSE sensex index jumped 195 points or …
Read More »
NEW DELHI: It is now possible to buy a residential unit from a developer at 20% lower than the value reached according to the circle rate, also known as the area ready estimate rate, without attracting criminal income tax. The developer will also not attract income taxes for such a …
Read More »
NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday it announced a new set of measures, involving an estimated spending of Rs 1.2 lakh crore, to boost demand, help create jobs, increase infrastructure and ensure growth returns to normal. At a press conference, he set the value of the package at …
Read More »
NEW DELHI: In great relief to retirees, the government on Thursday launched the home service for the presentation of digital life certificate (DLC) via the postman. This facility will allow pensioners to present their life certificates from the comfort of their home. “India Post Payments Bank, Post Office IPPB and …
Read More »
NEW DELHI: India’s economy likely contracted for the second quarter in a row, according to a team of economists including Michael Patra, the central bank’s deputy governor in charge of monetary policy, pushing the country into an unprecedented recession. Gross domestic product contracted 8.6% in the quarter ending September, the …
Read More »