Business
Investors must pay taxes on money they earn in India and a “tax-incentivised route” is no longer needed to attract foreign investments to a “strong enough” Indian economy, Finance Minister Arun Jaitley said today. He said there was no “serious apprehension” of investors shifting base to other tax havens and he sees no depletion in […]
Indicating his interest in a second term as RBI Governor, Raghuram Rajan today said he has enjoyed every moment of the job but there is “more to do”, despite calls from some sections of the ruling BJP against any extension for him. “There is a lot of fulfillment from making things actually happen for improving […]
In Gujarat, during IT Income Tax Survey, Rs 280 crore worth of black money was recovered. During 2014-15 Rs 158 crore and during 2015-16 Rs 80.77 crore was recovered as black money by IT department. More IT raids were conducted in 2016. In 118 cases, IT department filed complaint.
Market benchmark BSE Sensex fell by some 35 points in early trade on Tuesday as funds and retail investors booked profits after Monday’s strong gains amid mixed Asian cues. The 30-share index, which had gained 460.36 points in the previous session, fell by 34.71 points, or 0.13 per cent, to 25,654.15. Profit-booking in stocks of […]
Today in Jamnagar Municipal Corporation JMC’s former TPO Town Planning Officer JV Sedani has been arrested by ACB Anti Corruption Bureau in case of misappropriation of funds, as per sources.
Global growth woes and disappointing domestic earnings continued to weigh on equities for a third straight session as the benchmark Sensex tumbled 127.97 points to an over three-week low of 25,101.73 with commodity and industrial stocks taking a big hit. Broader markets also performed weak with the BSE mid-cap index ending 1.22 per cent lower […]
Tracking a global recovery and aided by a rebound in oil prices, the benchmark BSE Sensex today rallied over 328 points as it reclaimed the 26,000-mark to close at about 4-month high of 26,007 on across-the-board buying in blue-chips. Foreign inflows continued unabated, which helped. The NSE Nifty topped the psychological 7,900. Investors got their […]
The Supreme Court today dismissed beleagured Vijay Mallya’s prayer for protection from disclosure of his assets and those of his family, in India and abroad, to Kingfisher Airlines’ lenders, saying “no tangible” grounds have been raised to maintain secrecy of information. “We don’t find any tangible objection in disclosing the assets (of Mallya, his wife […]
In a remarkable turnaround of fortunes, a rebound in global market saw the benchmark Sensex reclaim the 26,000-mark and the NSE Nifty trade above 7,900, mainly on across-the-board gains following revival of buying in recently beaten-down stocks. The 30-share index, which fell about 130 points in early trade, staged a strong comeback to regain the […]
Union Food Minister Ramvilas Paswan today assured that the Food Corporation of India has enough stock of foodgrains to meet the requirement for this year despite drought situation in some states. “Nearly 600 lakh tonne of food grains are available against the requirement of 549 in the country,” Paswan told reporters here. He said that […]
