After Trump’s trip, Tata calls Motera ‘global landmark’

Mumbai, Feb 24 (IANS) As US President Donald Trump and his family visited the world’s largest cricket stadium in Motera, Sardar Vallabhbhai Patel Stadium, Tata Steel has described the venue of ‘Namaste... Read more »

COVID-19 to push HK bankruptcies to decade high

Hong Kong, Feb 24 (IANS) Hong Kong is set to see the biggest jump in over a decade in personal bankruptcies and companies winding up this year, as individuals and firms were... Read more »

Global markets jittery, Brent down 3%, gold hits record high

Mumbai, Feb 24 (IANS) Trading screens across global stock markets flashed red, oil prices took a sharp dip and the prices of safe haven assets rose sharply on Monday as the Coronavirus... Read more »

Lotteries to attract uniform 28% GST rate from March 1

New Delhi, Feb 24 (IANS) Lotteries will now attract a 28 per cent uniform Goods and Services Tax (GST) from March 1. This GST rate will be applicable to state-run and authorised... Read more »

List of 19 signals for approaching bear market

New York, Feb 24 (IANS) Using history as a guide, Bank of America Securities has floated a “bear market signposts” list for clients to help understand when stocks might be close to... Read more »

FinMin nod for relief to telcos unlikely

Feb 23 (IANS) The Finance Ministry is unlikely to give consent to any cut in the licence fee and the spectrum usage charges (SUC) for relief to telcos to meet adjusted gross revenue... Read more »

NBFCs,HFCs may get 1 year extension for restructuring loans

Feb 23 (IANS) Financially sound non-banking finance companies (NBFCs) and housing finance companies (HFCs) may be next in line to be permitted extension of the date of commencement of commercial operations (DCCO) of... Read more »

Bharti Infratel board to meet on Monday

Feb 22 (IANS) The Bharti Infratel board will meet on Monday to decide the future course of action after it received the Department of Telecommunication’s (DoT) approval for foreign direct investment (FDI) for... Read more »

FM asks G-20 to enhance global risk monitoring

Feb 22 (IANS) Finance Minister Nirmala Sitharaman on Saturday called upon the G-20 countries to enhance global risk monitoring and explore the scope for policy co-ordination to deal with such risks. While addressing... Read more »

India must push for pro-biz policies to reach $5T economy: CEA

Feb 22 (IANS) India must fully implement pro-business policies that allow fair competition to push the country’s economy towards the $5 trillion GDP mark, chief economic advisor Krishnamurthy Subramanian said on Saturday. Speaking... Read more »

Indian Bank ATMs to go user-friendly, vend more Rs 200 notes

Feb 22 (IANS) City based Indian Bank has decided to load more of 200 rupee notes and stop loading and dispensation of Rs 2,000 notes in its ATMs as a customer friendly move,... Read more »

Bike Bot scam: ED raids locations in Delhi, Noida, Lucknow

New Delhi, Feb 22 (IANS) Multiple teams of the Enforcement Directorate (ED) on Saturday carried out searches at over a dozen locations in Delhi and Uttar Pradesh in connection with its money... Read more »

Indian Bank ATMs to go user-friendly, vend more Rs 200 notes

Chennai, Feb 22 (IANS) City based Indian Bank has decided to load more of 200 rupee notes and stop loading and dispensation of Rs 2,000 notes in its ATMs as a customer... Read more »

FDI to be retail’s next growth driver in India: Deloitte

New Delhi, Feb 22 (IANS) Pitching for increased foreign direct investment in multi brand retail sector, global management consulting firm Deloitte has said that the move would expand the share of organized... Read more »

India faces low downside risk, global coronavirus impact is buying opportunity: JP Morgan currency chief

By Nikhila Natarajan  New York, Feb 21 (IANS) India’s financial market faces low downside risk from coronavirus’ impact on supply chains, will instead continue trading on domestic triggers and the current global... Read more »

Fiscal deficit as GDP percentage touched 4.56% in Dec: FinMin data

New Delhi, Feb 21 (IANS) Fiscal deficit as a percentage of GDP touched 4.56 per cent as of December 2019 with total receipts pegged at Rs 11.77 lakh crore against a higher... Read more »

Revenue impact from trade agreements rises: Report

New Delhi, Feb 21 (IANS) The revenue impact on Centre’s coffers from trade agreements increased by 35 per cent, despite a decline in imports, a research report showed. According to a report... Read more »

Flipkart urges Karnataka High Court to quash CCI probe

New Delhi, Feb 21 (IANS) Days after the Karnataka High Court ordered a stay on the anti-trust probe on e-commerce majors Amazon and Flipkart, Walmart-backed Flipkart has moved the court urging it... Read more »

Mizoram CM presents tax-free Rs 10,715 crore budget

Feb 19 (IANS) Mizoram Chief Minister Zoramthanga on Wednesday presented a tax-free budget with an outlay of Rs 10,715 crore for 2020-21. In the budget, presented on the third day of the budget... Read more »

‘Banks face deterioration in corporate debt repayment capacity’

Feb 19 (IANS) India’s banking sector has been marked as one of the most exposed to deterioration in corporate debt repayment capacity, Moody’s Investor Service said on Wednesday. In a sector specific report... Read more »