Business
Subsidised LPG Price Hiked by Rs 2.08 Per Cylinder; Non-subsidised Rate Raised by Rs 42.50
IOC said non-subsidised or market-priced LPG rates have been hiked by Rs 42.50 per cylinder 'mainly due to change in international price and foreign exchange fluctuations.'
JBM Group Acquires Majority Stake in Germany's Linde-Wiemann
The acquisition is being done through one of the group's flagship companies, Neel Metal Products, and will give access to global platforms and German technology inheritance to Indian operations
GST Cut on Housing Sales 'Revolutionary Step', to Boost Sentiments: Experts
Sales of under-construction houses were severely affected as there was no GST on completed homes. Developers had been demanding cut in GST rates as people were not buying under-construction units.
Sensex Ends Marginally Lower; Bank Stocks Fall
According to traders, despite positive global cues, investor sentiment turned weak after the Reserve Bank of India (RBI) on Thursday released the minutes of its latest monetary policy meet.
Infosys Settles Case with SEBI, Pays Rs 34 Lakh Towards Settlement
The notice related to Sebi examining the scrip of Infosys during which the issues pertaining to severance payment to Bansal was also looked into. Bansal resigned from the company on October 11, 2015, according to the order.
Unorganized Workers Can Now Subscribe to Rs 3,000 Monthly Pension Scheme at Common Service Centres
The enrolment will be carried out by all the CSCs. The unorganised workers may visit their nearest CSC along with their Aadhaar cards and savings bank account or Jan Dhan account passbooks and get registered themselves for the scheme.
Sensex Drops Over 100 Points on Weak Global Cues, Foreign Fund Outflow
The 30-share barometer, which had lost 840 points in the previous five sessions, was trading 120.01 points, or 0.33 per cent, lower at 35,914.10.
India Brightest Spot in the World, GDP Growth Fastest in 5 Years, Says Piyush Goyal
Presenting the Interim Budget for 2019-20 in the Lok Sabha, Goyal said India has been recognised as the brightest spot in the world in last 5 years.
Vedanta Slumps 20 Percent on Worries About Cairn India Investment
Vedanta said on Thursday its foreign unit Cairn India Holdings Ltd had paid a part sum of $200 million to buy a stake in Anglo American PLC from Volcan Investments Ltd.
When is The Right Time to Request Limit Increase on Your Credit Card?
Some credit cards do not support the feature of limit increase in which case you can apply for a new credit card with the same bank.
Proposal to Encourage Taxmen to File GST Profiteering Complaints on Anvil
As per the procedure, the DGAP submits its investigation report to the National Anti-Profiteering Authority (NAA), which decide on the final quantum of profiteering and the monetary penalty.
India's Exports up 32 Per Cent to China, 12 Per Cent to US During June-Nov 2018: FIEO
In June and September 2018, the US announced high customs duties on several Chinese goods. In retaliation, China also raised levies on American goods.
IL&FS in Crisis As Ratings of 6 Mutual Schemes Under Icra Scanner
The schemes under watch are HDFC's and UTI's banking as well as PSU debt funds, UTI's bond and dynamic bond fund, Aditya Birla Sun Life's short-term opportunities fund and HDFC's short-term debt fund.
Rupee Depreciates 26 Paise Against US Dollar in Early Trade
At the interbank forex exchange, the rupee opened lower at 71.38 and weakened further to quote 26 paise down at Rs 71.45 against the dollar.
FPI Outflow Crosses Rs 4,000 Crore in January So Far
According to data available with the depositories, FPIs withdrew a net amount of Rs 3,987 crore from equities and a net sum of Rs 53 crore from the debt market, taking the total outflow to Rs 4,040 crore during January 1-18.
Rupee Opens 9 Paise Higher at 71.15 Against US Dollar in Early Trade
The rupee gained further ground as a result of easing crude prices and the weakening dollar.