Tomorrow, in yet another Union Budget for 2015-16 Arun Jaitley Finance Minister has often said that he is not in support of further burdening salaried and middle class with more taxes, raising expectations of tax payers in Union Budget. Expectations of tax relief are high because Mr Jaitley’s first Budget led to tax savings of […]
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BSE Sensex with 180 points in early trade ahead of Eco Survey
In an early trade today, BSE Sensex recovered with gain of 180 points on emergence of buying by funds and retail investors ahead of the release of Economic Survey later in the day.
Sensex and Nifty wash out initial gains on fresh selling today
Today Both the indices, BSE sensex and Nifty, washed out initial gains on fresh selling mainly in Auto, Healthcare, IT, Consumer Durable and Banking sectors ahead of the Railway Budget and was trailing down by about 67 points at 1100 hours.
Sensex gains 228 points on global cues and Union Budget
In an Early Trade today Sensex at Bombay Stock Exchange rose over 228 points amid a firming global trend and hopes of a growth-oriented Union Budget.
Japanese companies in India predicts 13 % rise
With government’s efforts to provide ‘ease of doing business’, the number of Japanese companies in India has increased by 137 in last one year, marking a 13 % rise over the previous year. Total number of Japanese companies registered in India now is 1209 against 1072 as in October 2013, as per official figures. Number […]
Indian Forex reserves hits new record high at USD 333 billion
With Indian economy getting boost, India’s foreign exchange reserves have reached a fresh high, rising by USD 2.956 billion to USD 333.169 billion in the week to February 13, helped by a healthy rise in foreign currency assets. In the previous week, the reserves had increased by USD 2.329 billion to USD 330.213 billion. The […]
Parliament’s Budget session to be stormy, Opposition to give tough time to govt on Ordinances
On Monday, Parliament’s budget session is expected to be a stormy affair with the Prime Minister Narendra Modi dispensation facing the tough task to ensure passage of six bills replacing Ordinances in the face of stiff opposition in the Upper House.
Fuel prices up with effect from Sunday; Petrol up by 82 paise per litre
On Sunday, Petrol price was raised by 82 paisa per litre and diesel by 61 paisa, reversing the declining trend of last six months. Petrol and diesel price hike, which was effective from Sunday night, is the first increase since August 2014 and follows firming of oil prices in the international market. Prior to today’s […]
PM Modi inaugurates GE’s multi modal manufacturing facility at Pune
Today, Prime Minister Narendra Modi at the inauguration of GE’s multi modal manufacturing facility in Chakan, Pune. On the occasion, PM Modi said World is taking note of India’s economic growth. Government is working towards predictability in policies and laws Global technology and talent of Indian youth can together create a win-win situation Government working to […]
BSE Sensex gains 29000-mark,Nifty up 74 pts on strong SBI earnings
Today, BSE Sensex gained over 268 points to reclaim the 29,000-mark for first time after February 5 as bank stocks rose soon after SBI reported better-than-expected quarterly earnings.