Bajaj Finance moves down by 8.18 pc to Rs 3414.75

Jul 08, 2019, at 04:40 pm

Mumbai, Jul 8 (UNI) Bajaj Finance on Monday tanked by 8.18 per cent to Rs 3414.75 to be the top loser in the 30-share Sensex pack at the Bombay Stock Exchange (BSE).

Indian market: Sensex crashed by 792.82 pts

Jul 08, 2019, at 04:35 pm

Mumbai, Jul 8 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Monday tumbled down by 792.82 points to settle at 38,720.57 amid heavy selloff in global equities.

Kolkata hosts the 26th edition of Indian Fashion Expo 2019

Jul 08, 2019, at 12:42 pm

Kolkata, July 6 (IBNS):  Eastern India Garment Manufactures & Exporters Federation (EIGMEF) recently organised a three-day business to business (B2B) fair in Kolkata.

Sensex falls more than 500 points, NIFTY down by 190 points

Jul 08, 2019, at 12:00 pm

Mumbai, July 8 (IBNS): Days after the budget, the BSE Sensex tumbled by 500 points on Monday.

Deutsche Bank could cut 'up to 20,000 jobs'

Jul 07, 2019, at 01:11 pm

Frankfurt, July 7 (UNI): Up to 20,000 jobs could be axed at Deutsche Bank as the company is set to announce plans for a global restructuring.

India looks to enter aircraft financing and leasing business

Jul 07, 2019, at 12:36 pm

New Delhi, July 7 (IBNS): India is looking to enter the business of aircraft financing and leasing with finance minister Nirmala Sitharaman in her budget speech saying the time was ripe for the move.

Srei to continue to focus on equipment finance business, merges it with lending business

Jul 06, 2019, at 02:33 pm

Kolkata, July 6, (IBNS): Srei Infrastructure Finance Limited (Srei) and its wholly-owned subsidiary Srei Equipment Finance Limited (Srei Equipment) has been merged into one unit, the company said in a recent release

FM 'kept run-rate moving', targets 1 lakh jobs through MRO sector

Jul 06, 2019, at 02:07 pm

New Delhi, Jul 6 (UNI) There have been more reasons than one for Finance Minister Nirmala Sitharaman to get thumps up for her maiden Budget presented in Parliament on Friday.

Sensex rises by 118.75 points in week ended July 5, 2019

Jul 06, 2019, at 02:04 pm

Mumbai, Jul 6 (UNI) The Benchmark index of Bombay Stock Exchange (BSE) rose by 118.75 points or 0.30 per cent to settle at 39,513.39 in a highly volatile week under review.

Bullion Market Opening rates

Jul 06, 2019, at 02:01 pm

Chennai, July 6 (UNI) Following is the bullion markets opening rate here today.

CM Pinarayi Vijayan says Union Budget neglects Kerala

Jul 05, 2019, at 09:31 pm

Thiruvananthapuram, July 5 (UNI): Kerala chief minister Pinarayi Vijayan on Friday said the Union budget neglected the interests of the state which had experienced the worst deluge in hundred years in August last year.

Industry leaders welcome Union budget for stress on education, skill development

Jul 05, 2019, at 09:09 pm

New Delhi, July 5 (IBNS): industry leaders in the education sector have by and large welcomed the Union Budget that finance minister Nirmala Sitharaman presented in Parliament today.

Industry reaction to Union Budget 2019 : Mostly positive but some regrets as well

Jul 05, 2019, at 09:05 pm

Kolkata, July 5 (IBNS): Although India's benchmark indices reacted negatively to the Union Budget 2019 presented on Friday by Union Finance minister, Nirmala Sitharaman, most industry leaders have welcomed it as a positive step towards long-term development.

Budget disappointing, says Chhattisgarh CM

Jul 05, 2019, at 08:28 pm

Raipur, July 5 (UNI): Describing the union budget as disappointing, Chhattisgarh chief minister Bhupesh Baghel said that it would lead to a rise in inflation.

Raghubar says Budget for New India, Hemant compares with market of 'Jumlas'

Jul 05, 2019, at 08:23 pm

Ranchi, July 5 (UNI): Jharkhand chief minister Raghubar Das has described the Union Budget of 2019-20 as the one for making a "New India" and a budget which has been dedicated for the all-round development of the villages, poor farmers and youth.

The Bengal Chamber says the Union Budget is an exercise in pragmatism

Jul 05, 2019, at 08:21 pm

Kolkata, July 5 (IBNS):  BCC&I (Bengal Chamber) views the Union Budget 2019-20 as an exercise in pragmatism towards a 5 trillion dollar economy by 2024 with a ten point vision for the decade by simplifying procedures, incentivizes performances, reducing red tape and making best use of technology through acceleration of mega programmes and services.

The Union government's focus on affordable housing welcomed by the real estate sector

Jul 05, 2019, at 08:17 pm

Kolkata, July 5 (IBNS); Although India's benchmark indices reacted negatively to the Union Budget 2019 presented on Friday by Union Finance minister, Nirmala Sitharaman, Prime Minister Narendra Modi has said this budget "is one of hope and it is a budget that will boost India's development in the 21st century."

How some of the industry leaders are looking the Union Budget 2019

Jul 05, 2019, at 08:11 pm

Kolkata, July 5 (IBNS): The Union Budget 2019, presented by Finance Minister Nirmala Sitharaman has evoked a plethora of responses from the industry leaders.

Thrust is on urban as well as rural sectors: Piyush Goyal

Jul 05, 2019, at 08:01 pm

New Delhi, July 5 (UNI): Union commerce and industry minister Piyush Goyal on Friday commended finance minister Nirmala Sitharaman for the Budget presented in Parliament and maintained that the thrust in the budget is well balanced for the urban as well as the rural sectors.

Leaders of parties in Andhra disappointed by Union Budget

Jul 05, 2019, at 07:54 pm

Vijayawada, July 5 (UNI): Leaders of YSRCP, CPI and Loksatta parties have termed the Union budget 2019-20, presented in the Lok Sabha by Union finance minister Nirmala Sitharaman as "disappointing" and said injustice was meted to Andhra Pradesh by not allocating funds to various projects.

Yes Bank slumps by 8.36 pc to Rs 88.20

Jul 05, 2019, at 05:03 pm

Mumbai, Jul 5 (UNI) Yes Bank on Friday slumped by 8.36 per cent to Rs 88.20 to be the top loser in the 30-share Sensex pack at the Bombay Stock Exchange (BSE).

Indian Market: Sensex tanks by 394.67 points

Jul 05, 2019, at 04:54 pm

Mumbai, Jul 5 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Friday tanked by 394.67 points, to settle at 39,513.39, after Budget failed to boost the sentiment.

Union Budget: Government to consider issuing Aadhaar Card for NRIs with Indian Passports

Jul 05, 2019, at 04:45 pm

New Delhi, July 5 (IBNS): The Union Finance Minister proposed to consider issuing Aadhaar Card for Non-Resident Indians with Indian Passports.  She also proposed to launch a Mission that will integrate India’s traditional artisans and their creative products with global markets. Wherever necessary patents and geographical indicators, will be obtained for them.

GST processes further simplified; businesses with less than Rs. 5 crore annual turnover to file quarterly GST returns;

Jul 05, 2019, at 04:40 pm

New Delhi, July 5 (IBNS): Further simplification of the GST processes, increasing Special Additional Excise duty and Road and Infrastructure Cess on petrol and diesel by one rupee each, hike in Customs Duty on Gold and precious metals to 12.5% and imposing nominal basic excise duty on tobacco products and crude are among the salient proposals pertaining to the Indirect Taxes in the Union Budget 2019-20.

Government to bring greater ease of living through technology

Jul 05, 2019, at 04:38 pm

New York, July 5 (IBNS): Government aims to bring greater ease of living in the lives of its citizens. 

Union Budget: Rs. 400 Cr allocated for creating world class educational institutions

Jul 05, 2019, at 04:29 pm

New Delhi, July 5 (IBNS): An amount of Rs. 400 crore has been provided for FY 2019-20 to create “World Class Institutions” in the field of education which is more than three times the revised estimates for the previous year.

Union Budget proposes Strengthening MSMEs to boost Make in India

Jul 05, 2019, at 04:27 pm

New Delhi, July 5 (IBNS): “Make in India”, with particular emphasis on Micro, Small and Medium Enterprises, is one of the major focus areas of the Union Budget this year. Delivering her budget speech in Parliament today, Union Minister of Finance and Corporate Affairs Nirmala Sitharaman announced various proposals aimed at strengthening the sector.

All necessary steps to be taken to meet public shareholding norms of 25% for all listed PSUs

Jul 05, 2019, at 04:26 pm

New Delhi, July 5 (IBNS): For bringing better public ownership of the PSUs and also bring greater commercial and market orientation of the listed PSUs, the Government proposes to take all necessary steps to meet public shareholding norms of 25% for all listed PSUs and raise the foreign shareholding limits to maximum permissible sector limits for all PSU companies which are part of Emerging Market Index.

India to move towards harnessing its space capability commercially, New Space India Limited incorporated towards this end

Jul 05, 2019, at 04:16 pm

New Delhi, July 5 (IBNS): New Space India Limited (NSIL) has been incorporated as a new commercial arm of Department of Space.

Budget 2019: Expert Committee to be set up to recommend the structure and required flow of funds through development finance institutions

Jul 05, 2019, at 04:15 pm

New Delhi, July 5 (IBNS): The Government has announced its intention to invest Rs 100 lakh crore in infrastructure over the next five years.