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Finance Minister Nirmala Sitharaman on Friday said that every single rural family will have electricity and a clean cooking facility by 2022. (Photo: ANI)

Dividend will be taxed in hands of investors: FM

The removal of DDT will lead to estimated annual revenue forgone of Rs 25,000 crore.

2 Feb 2020 5:50 AM IST

The new personal income tax rates will entail estimated revenue forgone of Rs 40,000 crore per year.

New tax regime gives with one hand, takes away with the other

Analysts claim there won't any great savings under new tax regime.

2 Feb 2020 5:39 AM IST

But divestment department is confident with strategic sales of BPCL, Concor, Shipping Corporation of India, Air India, IDBI and LIC IPO coming.

Stiff divestment target of Rs 2.10 lakh crore to finance govt

The government has not been able to achieve the target this year so far with just Rs 18,095 crore collected so far and...

2 Feb 2020 3:29 AM IST

Despite cuts in corporate taxes and monetary easing by the central bank, investments have failed to pick up.

Personal income tax reduction tops budget wish list

Any disappointment on market expectations is likely to trigger profit taking in the equity market, which has been...

31 Jan 2020 1:40 AM IST

Dr Reddys said it will receive sales-based royalties on a quarterly basis.

Brokerages bullish on DRL

The net profit grew 30.62 per cent YoY to Rs 521.70 crore from Rs 399.40 crore the same quarter last year.

30 Jan 2020 1:36 AM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Stocks suffer virus contagion

Crude oil price also fell in the international market with Brent crude futures trading at $58.12 per barrel around 19:30...

28 Jan 2020 1:55 AM IST

Reliance Mutual Fund is now Nippon India Mutual Fund with Nippon Life Insurance as its new promoter with 75 per cent stake.

Ownership change helps Nippon India Mutual Fund

MF AUM was up at Rs 2.04 lakh crore versus Rs 2.03 lakh crore as of September 30, 2019, up 0.8 per cent.

28 Jan 2020 1:53 AM IST

Owing to STT and CTT, the market depth in India is the lowest amongst global peers and is a deterrent to price discovery, said a presentation sent by the Assocaiton of National Exchanges Members of India (ANMI) and the Commodity Participants Association of India (CPAI) to the finance ministry.

Market participants seek lower STT, CTT

The trading volumes of copper, the flagship industrial metal, in China is 32 times India's and in London, 63 times...

27 Jan 2020 1:15 AM IST

Indus Towers currently operates in 15 telecom service areas and Bharti Infratels operations are focused on the remaining 7 circles.

On turnaround path, ITI plans Rs 1,600 crore FPO

Besides offering the telecom solutions, ITI is also executing turnkey projects for installation and commissioning of...

21 Jan 2020 1:23 AM IST

IT stocks declined up to 6% on Friday due to concerns over tightening of H1-B visa norms. Shares of Infosys dropped 3.11%, TCS fell by 0.55% on the BSE.

Weak earnings pull down stocks

Over the weekend, index heavyweights like, RIL, HDFC Bank and TCS posted their quarterly numbers, which seem to have...

21 Jan 2020 1:11 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs put in over Rs10,000 crore in January

NSDL data shows FPIs invested Rs 10,200 crore in equity as on Jan. 18, 2020.

20 Jan 2020 1:47 AM IST

Office spacesparticularly in CBD and SBD areashave gained significant momentum over the last four years.

Office market booming despite economic woes

Three top office markets of India touched, or were very close to, 10 mn sq. feet mark: Bangalore, NCR & Hyderabad.

18 Jan 2020 1:38 AM IST