Latest Business Blogs

Rupee gains 5 paise against US dollar in early trade
At the interbank foreign exchange, the domestic unit opened almost flat at 69.70 against the dollar and then it strengthened by 5 paise to quote at 69.67 in early trade.
Published Date : 05/22/2019
Quicker one-form GST filing process ready for roll-out
That move was delayed while the back-end, the GST network (GSTN), was being made ready for this. Now, government officials directly familiar with the matter say the simplified form is ready, and could be launched by July, soon after the new government takes over.
Published Date : 05/16/2019
RBI governor says India’s economy needs to grow even faster to deal with poverty, other challenges
India is expected to post real economic growth of 7.2 percent in the 2019-2020 fiscal year, and is seeing below-target inflation even as rising oil prices add an upside risk, the governor said. Still, he added that the inflationary impact from spikes in crude -- India’s biggest import -- can be exaggerated.
Published Date : 04/15/2019
State Bank of India cuts lending rate: Here’s how it affects you
SBI’s marginal rate cut of 5 bps comes after the Reserve Bank of India’s consecutive rate cut by 50 bps in the February and April monetary policy.
Published Date : 04/10/2019
Sensex touches record high of 39,000 points, Nifty crosses 1,700 mark on day 1 of financial year
The 30-share Sensex opened on a positive note at 38,858.88 and rose to a high of 38,960.28 in early deals. The gauge, however, pared some gains and was trading at 38,938.45, higher by 265.54 points.
Published Date : 03/31/2019
Sensex surges 400 points powered by banking, energy stocks
The Sensex was up 350 points at 38,241while Nifty rose to 11,475. The BSE midcap index was up 0.75%. Among the Sensex stocks, RIL, Vedanta, NTPC, SBI, Asian Paints and Bajaj Finance were up between 1.5% and 2.5%.
Published Date : 03/27/2019
Govt issues notification on GST?exemption limit up to Rs 40 lakh
The government on Thursday issued three notifications to implement a slew of concessions for small businesses, including doubling of Goods and Services Tax (GST) exemption limit to Rs 40 lakh.
Published Date : 03/07/2019
Corporate tax could be cut once GST collections improve: FICCI
The government has assured to reduce corporate tax to 25 per cent from 30 per cent once the goods and services tax (GST) collections improve, said industrialists who met Finance Minister Arun Jaitley at North Block on Tuesday.
Published Date : 03/05/2019
Sensex rebounds 256 points, Nifty above 10,900-mark
The 30-share Sensex rose by 256.18 points, or 0.73 per cent, to 36,226.89 in early trade. The gauge had lost 239.67 points Tuesday after India carried out air strikes on a terrorist camp in Pakistan.
Published Date : 02/26/2019
Sensex ends 142 points higher; pharma, metal stocks rally
The 30-share Sensex settled 142.09 points, or 0.40 % higher at 35,898.35. The broader NSE Nifty gained 54.40 points, or 0.51 %, to 10,789.85.
Published Date : 02/22/2019
Finance Minister Arun Jaitley is scheduled to address the customary post-budget meeting of the central board of the Reserve Bank on Monday and highlight the key points of the interim Budget, including the fiscal consolidation roadmap. The meeting, according to sources, will take a call on the interim dividend to be paid to the government during the current fiscal. The government expects Rs 28,000 crore from the RBI as interim dividend for 2018-19 based on the financial position of the central b
The government expects Rs 28,000 crore from the RBI as interim dividend for 2018-19 based on the financial position of the central bank.
Published Date : 02/19/2019
Venezuelan oil finds home in India as US shuns shipments
While flows to the US came to a halt, India became the No. 1 buyer of Venezuelan crude in the first half of February, with imports jumping 66 percent to 620,000 barrels a day.
Published Date : 02/18/2019
Retail inflation cools further to 2.05 % in January on easing food prices
The Reserve Bank of India, which reduced the key lending rate by 0.25 % last week, mainly factors in CPI-based inflation while arriving at its bi-monthly monetary policy.
Published Date : 02/12/2019
India to continue growing at fastest pace; could be second-largest economy by 2030: PM
Leading agencies such as IMF and World Bank project the same trend to continue in the coming years. In an uncertain global economic environment, India has shown tremendous resilience as an anchor of the world economy.
Published Date : 02/11/2019
World Bank Sees Global Growth Slowing To 2.9% In 2019
The World Bank expects emerging market economies to grow at 4.2%
Published Date : 01/11/2019
Take time to unplug and recharge
Hearing from others on how they are dealing with stress and managing work and life can be encouraging.
Published Date : 12/13/2018
HCL to acquire select IBM products for $1.8 billion
The country’s third largest software services firm HCL Technologies NSE -1.25 % has announced that it is acquiring select IBM software products for $1.8 billion. The acquisition which is the largest in the history of HCL, is expected to close by mid-2019.
Published Date : 12/09/2018
Sensex slips nearly 300 points, Nifty50 below 10,700 amid weak global cues
Indian shares witnessed a gap-down opening on Thursday in the wake of a selloff in Asian markets as worries of fresh tension flared up between the US and China after the arrest of Huawei CFO.
Published Date : 12/05/2018
PM Narendra Modi retains India's top newsmaker tag on Yahoo 2018 'Year in Review'
Prime Minister Narendra Modi was once again the top newsmaker in India in the year 2018, according to the Yahoo Year in Review list. Modi has featured at the top of the list for at least a couple of years now and is followed this year by Congress president Rahul Gandhi.
Published Date : 12/04/2018
Wipro aims to make $150 million from intellectual property this FY
BENGALURU: WiproNSE 3.10 % has set a target of $150 million in revenue from its intellectual property (IP) in this financial year, said people aware of the matter.
Published Date : 11/30/2018
Expect Clarity on Transfer Pricing in Budget
A better business environment and increase the ease of doing business in India.
Published Date : 11/23/2018
New index to check ease of doing agri-business
Rewarding the higher performing States
Published Date : 11/21/2018