Business

New Delhi: 

The GST Council is likely to meet on February 20 to discuss a proposal to slash tax on cement to 18 per cent from 28 per cent and also consider a recommendation of a Group of Ministers (GoM) on housing that advocates 5 per cent GST in under-construction properties and 3 per cent GST for affordable housing.

The GoM had earlier recommended

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The S-P BSE Sensex fell for a fifth day in a row while the 50-share Nifty 50 Index extended losses to a fourth straight session led by declines in blue-chip stocks like Reliance Industries, State Bank of India, ICICI Bank and Larsen - Toubro. The Sensex fell as much as 413 points from day's highest level to fall below 36,000 in intraday

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Quarterly coal production rose 2.6 per cent year-over-year to 155.97 million tonnes.

Coal India Ltd, the world's biggest coal miner, reported a 50.1 per cent jump in third-quarter profit on Tuesday as it benefited from higher coal production.

Its profit for the three months to December reached Rs 4,567 crore ($646.5 million), compared with Rs 3,043

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London: 

Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production, while US futures gained on a decline in domestic oil inventories.

Brent crude futures were up 77 cents at $63.19 a barrel by 1225 GMT, while US crude oil futures rose 53 cents to $53.63 a

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Vistara is offering domestic flight tickets at a starting price of Rs. 899.

Airlines have come up with a host of discount offers to attract passengers amid high competition in the country's civil aviation sector. SpiceJet is offering domestic and international flight tickets starting from an all-inclusive price of Rs. 899 and Rs. 3,699,

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The bill has a provision for establishment and incorporation of the authority.

New Delhi: 

The government on Tuesday introduced a Bill to set up a unified authority for regulating all financial services in international financial services centres (IFSCs) in the country. The International Financial Services Center Authority Bill, 2019 mandates that

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R Venkataramanan will relinquish responsibilities as managing trustee of the Trusts on March 31, 2019.

New Delhi: 

Tata Trusts on Wednesday said its Managing Trustee R Venkataramanan has resigned from the post to pursue other options. Mr Venkataramanan will relinquish responsibilities as the managing trustee /trustee of the Tata Trusts on March 31,

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On the last day, a consensus was arrived at among political parties to approve the Interim Budget.

New Delhi: 

Parliament on Wednesday approved Prime Minister Narendra Modi government's sixth and final Budget that gave Income Tax rebate to those earning up to Rs 5 lakh, an annual cash dole of Rs 6,000 to small farmers and pension for unorganised

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Gold is the right commodity to allow investments to beat inflation and stay ahead.

Investment in gold is often considered as a means to bring financial security in one's portfolio. This is because traditionally, investing money in gold works as a hedge against inflation over a period of time, say experts. However, looking at the trend of gold rates

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Sachin Mehra is the company's current chief financial operations officer.

Mastercard Inc said on Wednesday its Chief Financial Officer Martina Hund-Mejean would retire in 2019, after more than a decade in the role, and will be succeeded by Sachin Mehra, the company's current chief financial operations officer.

Mr Mehra will take over Ms

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On Tuesday, the rupee had gained 48 paise to end at a one-month high of 70.70.

The rupee strengthened by 26 paise to 70.44 against the dollar in opening trade on Wednesday after retail inflation fell to a 19-month low of 2.05 per cent in January, reported Press Trust of India (PTI). The weakness in the

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Paid TV channels can now be subscribed to either in packs or on a-la-carte basis.

Latest regulatory norms could impact your cable TV bill in the coming period. The Telecom Regulatory Authority of India's (TRAI) latest norms on regulatory framework for broadcasting and cable services which kicked in from February 1 will have a direct impact on the

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Government on February 1 widened its fiscal deficit targets for this financial year.

Domestic equities will see "double-digit" earnings growth for the next three fiscal years as changes to government tax and bad-loans policies allow more cash to be channeled into Asia's third-largest economy, according to the nation's largest brokerage.

Rules for

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Coal India's revenue from operations advanced 15.4% in the quarter ended December 31

Coal India's shares swung between gains and losses on Wednesday, a day after the mining major reported its quarterly earnings. As of 11:33 am, Coal India shares had changed direction at least seven times on Wednesday. Coal India had post-market hours on Tuesday

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Industrial output in December rose 2.4 per cent from a year earlier, slightly higher than forecast, government data showed on Tuesday.

A poll of economists by news agency Reuters had predicted growth of 2.0 per cent for December.

December's growth was much faster than a downwardly revised 0.3 per cent year-on-year increase in November, the data

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The dollar index rose 0.09 per cent to 96.79.

Snapping its six-day winning run, the rupee Wednesday settled 10 paise lower at 70.80 against the US dollar amid rising crude prices and heavy foreign fund outflows.

Forex traders said dollar buying by oil importers and strengthening of the greenback against major currencies overseas weighed on the

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Fixed Deposit (FD) Interest Rate Comparison: Banks change FD interest rates from time to time.

Bank fixed deposits or bank FDs are considered a secure form of investment. When you invest money in a fixed deposit, banks guarantee the rate of annual return on the investment. FD returns are not linked to market volatility. So, even if markets

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The decline was due to a fall in food prices and smaller increases in fuel costs.

Retail inflation rate fell to 2.05 per cent in January from a year earlier, its lowest since June 2017, government data showed on Tuesday.

The decline was due to a fall in food prices and smaller increases in fuel costs.

Analysts polled by Reuters had forecast January's

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SBI provides a wide range of services under its personal banking portfolio.

State Bank of India (SBI) offers a variety of options for investors. From savings bank account to fixed deposit (FD) account, the lender provides a wide range of services under its personal banking portfolio. "Whatever your needs be- an investment of your surplus funds or

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Sun Pharma share price today: The stock rose more than 4% in intraday trade during Wednesday's session

Sun Pharmaceutical Industries shares jumped more than 4 per cent on Wednesday, a day after the drug maker reported strong quarterly earnings. The share price of Sun Pharma advanced as much as 4.2 per cent on the National Stock Exchange to touch Rs

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INR Vs USD: On Monday, the rupee had ended at 71.18 against the dollar.

Registering sixth straight session of gain, rupee strengthened by 48 paise to close at one-month high of 70.70 against the dollar on Tuesday, reported Press Trust of India (PTI). In the six trading sessions, the rupee has gained 110

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The Bombay High Court has set aside an arbitration award of more than Rs 800 crore owed to Hindustan Petroleum Corp by Malaysia's M3nergy, according to a court document reviewed by Reuters.

In 2017, state-run HPCL was awarded the amount after an arbitration board found that M3nergy had delayed the finalising of a consortium agreement which led to

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The markets rose after positive macroeconomic data fueled hopes of another rate cut by the central bank

Domestic equity benchmark indexes erased gains paced by declines in Hindustan Petroleum, Indian Oil, GAIL India and Bharat Petroleum. The S-P BSE Sensex fell as much as 341 points from day's highest level to 36,035 and the NSE Nifty 50 index

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The decline was due to a fall in food prices and smaller increases in fuel costs.

New Delhi: 

Consumer prices rose at a milder pace than anticipated in January and remained below the Reserve Bank of India's target for a sixth straight month, strengthening views it could again cut the key interest rate at its next policy review in April.

Annual retail

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Post Office RD Interest Rate: Post office RD accounts offer an interest rate of 7.3 per cent per annum.

India Post or Department of Posts, which has a network of 1, 55,015 post offices, provides small savings schemes and insurance services, besides the usual postal services. Among the nine savings schemes that India Post provides, recurring deposit

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LPG price: The rates have been reduced for three consecutive months

LPG prices have been reduced with effect from this month. While the prices of subsidised LPG cylinders in Delhi, Mumbai, Kolkata and Chennai stand cut by 0.3 per cent, non-subsidised priced are around 4.5 per cent lower in February compared

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Consumer inflation had in the previous month slowed to its lowest rate since June 2017

Consumer inflation stood at a provisional 2.05 per cent in January, its lowest level recorded since June 2017, government data showed on Tuesday. That marked a sixth consecutive month in which inflation came in within the central bank's medium-term target. At

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Sovereign gold, however, maintained at Rs 26,100 per piece of 8 grams in limited deals.

Gold eased by Rs 30 to Rs 34,050 per 10 grams at the bullion market on Wednesday on subdued demand from local jewellers even as the yellow metal strengthened overseas reported news agency Press Trust of India (PTI). Silver also fell by Rs 200 to Rs 40,800 per kg

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New Delhi: 

Rationalising the fares of Vande Bharat Express or Train 18, the railways Tuesday said an air-conditioned chair car ticket for a Delhi-Varanasi trip would cost Rs 1,760, instead of Rs 1,850, and the executive class fare will be Rs 3,310, instead of Rs 3,520. On the return journey, the chair car ticket would cost Rs 1,700 and the

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Sovereign, however, remained unaltered at Rs 26,100 per piece of eight grams.

Gold prices fell by Rs 145 to Rs 34,080 per 10 grams at the bullion market Tuesday in sync with a weak global trend amid sluggish demand from local jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Silver too drifted down

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