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Hindustan Petroleum also fell to its 52-week low of Rs 165.45, down 25 per cent over its last closing price.

Govt will not ask oil companies to further subsidise fuel prices:...

While OMCs will continue to enjoy marketing freedom, upstream oil producers like ONGC would not be asked to share fuel...

11 Oct 2018 11:35 AM

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Market, rupee slump due to external factors; govt to take action:...

The government will take action at an appropriate time to check widening CAD

11 Oct 2018 9:48 AM

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

OMCs will continue to bleed as govt rules out dividend relief

Reduction in dividend from oil marketing companies, cut in subsidies, lesser disinvestment revenue.

10 Oct 2018 5:28 AM

Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions, industry sources said, a move that would help Tehran continue supplying its second biggest oil client.

OMCs to complete USD 10 bn overseas borrowing in one year: Fin Min

Till now OMCs were not allowed to raise ECB for working capital needs on a long-term basis.

4 Oct 2018 12:58 PM

Interestingly, the CBDT chiefs move to make officers comply by seeking a compliance report every three months gives room for hope for justice for the taxpayer.

Gross direct tax collection grows 16.7 pc to Rs 5.47 lakh crore in...

The Central Board of Direct Taxes has collected Rs 2.10 lakh crore as advance tax.

4 Oct 2018 7:09 AM

Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)

Govt may resort to tested tool of NRI deposits

The measures announced by the government to control rupee depreciation haven't worked as desired.

4 Oct 2018 3:17 AM

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rs 1,997 crore spent on salaries, perks of MPs in 4 years

While Rs 71.29 lakh was spent on an average for a member of Lok Sabha, Rs 44.33 lakh was spent on a Rajya Sabha member.

3 Oct 2018 3:09 AM

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

GST collections likely to top Rs 1 lakh crore in November, December

The GST collection should cross Rs 1 lakh crore because of festive season demand.

2 Oct 2018 12:37 PM

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST mop-up rises to Rs 94,442 crore in September

As many as 67 lakh Goods and Services Tax (GST) returns were filed in September.

1 Oct 2018 7:59 AM

The failure of states and Centre to thrash out their differences even after series of meetings mean that it is virtually impossible to roll out GST by April 1.

Govt extends deadline for filing TDS returns for Oct-Dec to Jan 2019

The TDS provisions under the goods and services tax (GST) were brought into effect from October 1, 2018.

30 Nov 2018 11:13 AM

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Centre, states apportion Rs 33,000 crore IGST in November

The finance ministry has targeted monthly GST collections to be Rs 1 lakh crore for this fiscal.

30 Nov 2018 9:16 AM

Union finance ministry Arun Jaitley

Jaitley defends revised GDP numbers for UPA era, says CSO credible org

Chidambaram had called the revision a

29 Nov 2018 7:37 AM