Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Tuesday, February 19, 2019

money

Sensex sinks 311 pts; Nifty drops below 10,700-mark

Equity benchmarks wilted under selling pressure for the eight straight session on Monday as risk appetite remained subdued amid sustained foreign fun...

Sensex ends 67 pts lower; pharma, metal stocks crack

Benchmark indices reeled under selling pressure for the seventh straight session on Friday as pharma, metal, auto and banking stocks led losses amid ...

Pramod Chandra Mody is new CBDT chief

  Senior bureaucrat Pramod Chandra Mody was appointed as chairman of Central Board of Direct Taxes (CBDT) on Thursday, a top policy making body f...

Rupee declines 17 paise against US dollar

  The rupee weakened by 17 paise to trade at 71.33 against the US dollar in opening session on Friday following sustained demand for the greenbac...

Rupee falls 14 paise against US dollar

The rupee depreciated 14 paise to 70.94 against the US dollar in opening trade at the interbank forex market on Thursday on increased demand for the ...

Yes Bank shares zoom 30%; m-cap rises by Rs 8,590 cr

Shares of Yes Bank zoomed 30 per cent in morning trade on Thursday after the company said that the RBI has not found any divergence in the asset clas...

EPFO likely to retain interest rate at 8.55% for 2018-19 fiscal

Retirement fund body EPFO is likely to retain the interest rate on employees' provident fund at 8.55 per cent rate for the 2018-19 fiscal for its mor...

SBI, Oriental Bank put on sale stressed accounts to recover dues of Rs 5,740 cr

State-owned State Bank of India (SBI) and Oriental Bank of Commerce (OBC) have put on sale various financial accounts to recover dues of around Rs 5,...

FinMin seeks transfer of Rs 27,380 cr from RBI retained towards risks, reserves

The Finance ministry has sought from the Reserve Bank of India (RBI) Rs 27,380 crore that was withheld by the central bank towards risks and reserves...

Forex reserves up USD 2.06 bn to USD 400.24 bn

The country's foreign exchange reserves increased by USD 2.063 billion to USD 400.24 billion in the week to February 1, on account of rise in foreign...

RBI raises collateral-free farm loan limit to Rs 1.6 lakh

The Reserve Bank of India (RBI) raised the limit of collateral-free agricultural loans to Rs 1.6 lakh from the current Rs 1 lakh with a view to help ...

In 2 yrs, income tax payers to start getting refunds within 24 hrs

The revenue department will put in place within two years a mechanism to ensure that all returns are processed within 24 hours and refunds issued sim...

15% direct tax collection growth target for FY20 'realistic': Rev Secy

The Finance ministry has set a 'realistic target' of 15 per cent growth in direct tax collection at Rs 13.80 lakh crore for next year, which is lower...

Rupee slips 48 paise to 71.73 against US dollar

The rupee on Monday depreciated by 48 paise to 71.73 in early trade on the forex market ahead of the Reserve Bank of India's policy review meet and l...

Rupee slips 25 paise to 71.36 against US dollar

The rupee depreciated by 25 paise to 71.36 against the US dollar in early trade Wednesday amid strengthening of the American currency and rising crud...

Rupee slips 12 paise to 71.22 against US dollar

The rupee on Tuesday depreciated 12 paise to 71.22 in early trade amid strengthening American currency and rising crude prices. Forex traders said st...

Rupee rises 19 paise to 70.98 against US dollar

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade on Monday, driven by weakening of the greenback in overseas markets...

Efforts on to double exports from USD 321 billion: Minister

  Union Commerce and Industry Minister Suresh Prabhu said new policies of the government will ensure the doubling of exports, currently pegged at...

Indian-origin British retailers among UK's top 50 taxpayers: Report

Indian-origin retail brothers -- Simon, Bobby and Robin Arora -- have been ranked Britain's 24th highest taxpayers, according to a new top 50 list co...

Global VC funding in digital health sector reaches USD 9.5 bn in 2018: Report

Global venture capital funding in digital health sector, including private equity and corporate venture capital, touched a record high of USD 9.5 bil...

ITC clocks 4% rise in Q3 profit at Rs 3,209 cr

Diversified group ITC reported 3.84 per cent increase in standalone net profit at Rs 3,209.07 crore for the third quarter ended December 31, 2018. Th...

Rupee spurts 29 paise against US dollar

The rupee rose 29 paise to 71.15 against the US dollar in early session on Wednesday on increased selling of the American currency by exporters and b...

Rupee rises 5 paise against dollar to 71.23

The rupee edged 5 paise higher to 71.23 against the US dollar in early session at the interbank forex market on Tuesday on fresh selling of the Ameri...

Rupee depreciates 26 paise against US dollar in early trade

The rupee weakened by 26 paise to 71.45 against the US dollar in early trade on Monday on increased demand for the American currency from importers a...

Govt may hike agri credit target to Rs 12 lakh cr

The farm credit target is likely to be raised by about 10 per cent to a record Rs 12 lakh crore in the 2019-20 Budget to be presented on February 1, ...

Soon, no e-way bill if GST returns not filed for 6 months

Non-filers of GST returns for 6 consecutive months will soon be barred from generating e-way bills for movement of goods. The Goods and Services Tax ...

Forex reserves swell by USD 1.26 bn to USD 397.35 bn

The forex reserves continued its upward march and increased by USD 1.267 billion to USD 397.351 billion in the week to January 11, aided by a rise in...

Gold rises for 3rd day, surges to Rs 33,190 per 10g

Extending its upward trend for third straight day, gold prices gained Rs 65 to Rs 33,190 per 10 gram at the bullion market here due to increased dema...

IOC to raise USD 900 mn via bonds issue

State-owned Indian Oil Corp (IOC) said it will raise USD 900 million through an overseas bonds issue to meet its working capital requirements. In a r...