Business

At 11:18 am, the benchmark BSE Sensex surged 752.28 points, or 1.89%, to 40,624.59, while the Nifty 50 was up 216.95 points, or 1.85%, to 11,924.85.

The bi-monthly meeting of the six-member Monetary Policy Committee (MPC) begins today and the panel will announce its decision on interest rates by noon on Thursday.

In response to the jump in sales, factories hired new workers at the fastest rate in more than seven years.

The disruption caused by the coronavirus outbreak has caused Chinese industrial firms' liabilities to rise 5.4% from a year earlier to 67.39 trillion yuan by end-2019, versus a 5.3% rise as of end-November.

Promoth Manghat, the Group CEO of Finablr, said the 2020 budget demonstrates the resolve of the government to spur growth in the backdrop of the lowest rate of expansion in over a decade.

The AAP national convenor also asked that if the BJP was disappointing Delhi before the assembly elections, 'will it fulfil its promises after the polls?'

Finance Minister Nirmala Sitharaman announced the changes as part of the country's annual budget in parliament, a day after official data showed that Asia's third-largest economy grew five percent last year, its slowest expansion since the 2008 global fin...

The government has also asked the Reserve Bank to extend the Debt Restructuring window for MSMEs by a year to March 31, 2021.

A spokesperson of the employees' union said the LIC has contributed a lot in the economic growth and the dilution of the government's stake in the company will endanger the economic sovereignty of the country.

Nirmala Sitharaman also said that Food Corporation of India and Warehousing Corporation of India will build warehousing facility on their land.

On January 6, the Election Commission had stressed that the Centre will not declare any 'state-specific schemes' in the national Budget.

Finance Minister Nirmala Sitharaman, however, is likely to earmark only around Rs 1.90 trillion, the report added.

Armed escorts have been initially approved in the Eastern Railway zone and will be reviewed after a period of six months before it is extended to the other zonal railways, the order issued on January 29 said.

Chief Economic Advisor of India, Krishnamurthy Subramanian, also highlighted India’s comparative advantage in labour-intensive activities, traditional unskilled labour-intensive industries such as textiles, footwear, toys and assembly hubs.

The survey described the Essential Commodities Act (ECA) as irrelevant, as it was passed in 1955 when the country was facing with concerns about famines and shortages.

Nirav Modi, who has been lodged at Wandsworth Prison in south-west London, appeared via videolink from prison before District Judge David Robinson.