With Continued rising streak for the third straight session, the benchmark BSE Sensex gained 209 points in early trade today on sustained buying by funds and retail investors on growth oriented Budget proposals.
Business
Business
Sensex Top 5 companies lose Rs 36,856 cr in m-cap; ITC takes big hit
During combined market valuation of top five BSE Sensex listed companies tumbled by a whopping Rs 36,855.98 crores last week, with FMCG major ITC taking the steepest hit.
Jaitley’s Budget for 2015; Corp tax reduction by 5 % in 4 yrs; no change for individuals
Today, Finance Minister Arun Jaitley announced a 5 % reduction in corporate tax over next four years, abolished wealth tax and replaced it with an additional 2 per cent surcharge on super-rich individuals, while increasing service tax that will result in higher cost of variety of services. Highlights of Arun Jaitley’s Budget for 2015 is […]
Finance Minister Jaitley not in support of burdening salary class said pre Budget
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 […]
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.