Stock plunge deepens in Asia after US sell-off
Uploading Date : 06-02-2018Asian stocks plunged for a second day and US stock futures continued to decline after a frantic sell-off in equity markets sent the Dow Jones Industrial Average to its biggest loss in six and a half years Monday. Treasuries pulled back after a rally.
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Services PMI logs fastest growth in 3 months in January, expands to 51.7
Uploading Date : 06-02-2018The Indian service sector remained in expansion mode in January, registering the fastest rise in activity in three months driven by a renewed increase in new business orders, says a monthly survey.
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How the LTCG move has effectively capped this rally
Uploading Date : 02-02-2018The Sensex plunged over 200 points on Thursday as the Finance Minister read out the provision on bringing back the long-term capital gains tax on equity shares and equity-oriented mutual funds in the Budget session.
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PM Modi on Union Budget 2018: Main highlights
Uploading Date : 01-02-2018New Delhi: Finance minister Arun Jaitley on Thursday presented Union Budget 2018, the Narendra Modi government’s last full budget before 2019 Lok Sabha elections. He started his budget speech at 11 am in the parliament.
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Is India on the cusp of a fiscal revolution?
Uploading Date : 31-01-2018Arun Jaitley will present the fifth budget of the Narendra Modi government this week. The budget will be announced against the backdrop of a strong economic revival combined with greater macro risks. This column had noted a fortnight ago that the Indian economy in 2018 would look very different from the one in 2017 because of these two factors, and would thus test the new macroeconomic policy framework.
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Indirect taxpayer base rises by 50% with GST implementation: Economic Survey
Uploading Date : 30-01-2018India’s indirect taxpayer base has increased by more than 50% with the implementation of the goods and services tax (GST), the formal sector is bigger than currently estimated and the country’s internal trade is around 60% of gross domestic product (GDP), the Economic Survey for 2017-18 said, basing its findings on data and trends from GST
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Rupee slips 12 paise against US dollar as Sensex trips nearly 250 points
Uploading Date : 30-01-2018The Indian rupee slipped as much as 12 paise against the US dollar on Tuesday as India’s stock market fell into negative territory with the benchmark Sensex tripping nearly 250 points in the morning trades. The rupee opened down 10 paise at 63.69 vs the US dollar at the interbank foreign exchange market on Tuesday
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Maruti Suzuki gains on board nod for lower royalty payment for new models
Uploading Date : 29-01-2018Maurti Suzuki India was up 4% to Rs 9,647 on BSE in intra-day trade on Monday after the company said that the board approved a revision in the method of calculating royalty which would result in lower royalty payments for new model agreements starting the Ignis.
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