Saturday, 4 Jan 2025
Category: Business
sensex

Sensex Surges Over 150 Points, Nifty Above 10,550

Sensex, Nifty on Monday: Bharti Infratel, Bharti Airtel, Bharat Petroleum, Hindustan Petroleum and Indian Oil Corporation were the top Nifty gainers. The domestic stock markets started the week on Monday on a positive note led by gains in PSU bank, auto, and financial services stocks. The S&P BSE Sensex started at 35,118.09, against its last […]

Sensex Cracks Over 300 Points, Nifty Below 10,600

The domestic stock markets opened in the green but quickly slipped into the red on Wednesday. At 10:35 am, the 30-share Sensex traded at 35,132.72, down 341.79 points or 0.96 per cent and the Nifty50 barometer of the National Stock Exchange (NSE) was at 10,571.60, with a loss of 84.60 points or 0.79 per cent. […]

tax_dept

Quoting father’s name not mandatory in PAN application: Income Tax department

The income tax department Tuesday said quoting of father’s name in PAN application forms will not be mandatory in cases where mother of the applicant is a single parent. The Central Board of Direct Taxes (CBDT) through a notification amended the income tax rules and said the application forms would give an option to the […]

rupee

Rupee Gains 29 Paise To Trade At Over Two-Month High Against Dollar

Rupee Vs Dollar: The rupee rose to as much as 71.36 against the US dollar in early trade on Tuesday, reported news agency Reuters. The rupee rose to as much as 71.36 against the US dollar in early trade on Tuesday, reported news agency Reuters. This was the highest level for the rupee against the […]

vpq7quhk_sensex-nifty-down_625x300_25_September_18

Sensex Down Over 100 Points, Nifty Below 10,750

The S&P BSE Sensex opened at 35,730.77 and the Nifty50 index of the National Stock Exchange (NSE) at 10,740. At 9:18 am, the 30-share Sensex traded at 35,672.68, down 102.20 points or 0.29 per cent. The domestic stock markets opened in the red on Tuesday after the central bank agreed to address the centre’s call […]

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Rupee Edges Lower Ahead Of RBI Board Meeting Outcome: 10 Things To Know

INR vs USD: Fresh demand for the American currency from importers amid rise in crude prices weighed on the domestic unit, traders said. Halting its four-day winning streak, the rupee slipped by 9 paise to 72.02 against the US dollar in early trade on Monday ahead of Reserve Bank of India (RBI) board meeting outcome, […]

jetairways

Jet Airways cancels 10 flights from Mumbai, flyers stranded

The Jet Airways said the flights were cancelled from the Chhatrapati Shivaji Maharaj International Airport due to “operational issues”. Hundreds of passengers of Jet Airways were left stranded at the city airport after the carrier cancelled 10 domestic flights from here on Sunday, an airline source said. The Jet Airways said the flights were cancelled […]

netflix

Italy’s ‘anti-Netflix’ law to protect film industry

Italy is to introduce an obligatory delay between Italian films screening in cinemas and being shown on streaming services like Netflix, in a bid to protect its domestic film industry. The law comes after the thorny issue reared its head at this year’s Venice Film Festival, where several films came from US streaming giants Netflix […]

growth

Lower earnings of India Inc hit CEO bottom line

MUMBAI: Tepid corporate earnings have hit the wallets of top India CEOs. Average pay increases of managing directors and chief executive officers dropped to 8% in FY18 from 10% the previous year, amid a continuing slowdown in some sectors as companies grappled with cost increases and margin pressures. That compared with a 16% increase in […]

rupee

View: A strong government is bad for Indian economy, more often than not

For the longest time, India had a lock on a dubious global distinction: it was home to the world’s largest pool of extremely poor people. No more. Earlier this year, Brookings Institution scholar Homi Kharas estimated that the number of Nigerians in extreme poverty – defined by the international benchmark of living on under $1.90 […]