Crude oil prices in the international market posted its worst week (24 Jan ending) since July over the fear of coronavirus outbreak across the globe affecting demand. Petrol and diesel prices in India have already fallen by up to Rs 1.5

Direct tax mop up for the first time is likely to decline in around two decade's time. This shall be alongside a scenario when the country's economic growth has fallen sharply lower to six-year's low and cut in corporation taxes. {image-tax14-1579949427.jpg

On Saturday, ICICI Bank posted a 158.32 percent increase in standalone profit at Rs 4,146 crore for the December ended quarter against Rs 1,605 crore seen in the same period of the previous year. During the quarter, the private lender

Starting 2 February 2020, Indians travelling to Europe will be able to apply for a Schengen visa six months ahead of their proposed date of travel, an EU spokesperson said. At present, travellers can apply for Schengen visa a maximum of

The government has mandatorily asked employees who are subject to TDS deduction to produce their PAN or aadhaar or else face mandatory 20% deduction from their salary.In a recent circular relating to TDS deduction on salary, the CBDT has also included

In a circular dated 24 January, the Insurance Regulatory and Development Authority of India (IRDAI) said that insurers can start offering the Standard Health Insurance Product anytime before the deadline of 1 April. Earlier, to curb confusion on multiple health

Just a week ahead of the Union Budget 2020 which is to be presented on February 1, RBI governor Shaktikanta Das said that monetary policy has its own limitations and can to an extent only push structural reforms and growth.

The Sensex lost 0.8 per cent this week and broke the 2-week winning momentum. Some heavyweight stocks like Reliance Industries and HDFC Bank saw selling pressure, which pushed indices lower. However, the Sensex did hit a new record during the course

On Friday, Biocon Chairperson and MD Kiran Mazumdar Shaw told a leading business channel told Biocon Biologics is looking forward to garner as much as $200-300 million via an initial public offer in next 1.5-2 years time. Also, the

The Union Budget 2020, will be very important from a stock market perspective, as there are several things that investors would look for. Here are 4 things that they would keep an eye on. 1. Long Term Capital Gains (LTCG) Tax

Due to significantly lower nominal growth, a slowdown in tax revenue growth and lower than expected disinvestment proceeds, Nomura the government is likely to reveal a fall in fiscal deficit by around 0.4 percent to 3.7 percent for the current fiscal

On Friday, Biocon Chairperson and MD Kiran Mazumdar Shaw told a leading business channel told the company is looking forward to garner as much as $200-300 million via an initial public offer in next 1.5-2 years time. Also, the

Benchmark indices ended the day sharply higher led by strong global cues, particularly from Europe. The rally came following A World Health Organization (WHO) press conference at which the agency said that the Corona outbreak did not constitute a global public

As per the Business Standard report, two of the oil marketing companies amid the recent joint venture agreement between Reliance Industries and BP is offering discount on digital transactions at their petrol pumps. The JV between the two companies will be

On Friday, the Ministry of Statistics & Programme Implementation released a press note on Employment Outlook of the country covering the period from September 2017 to November 2019. The payroll report was compiled from the information on the number of

Shares of PNB Housing Finance fell as much as 11.8 percent to Rs 476.30 on Friday. On Thursday, the company reported a 22 percent year-on-year fall in net profit to Rs 237 crore for the December-ended quarter on lower disbursement and

As per the Business Standard report, the finance ministry is mulling to tightens norms in respect of high value jewellery transactions. Further as per sources, it has been proposed to link such transactions with Aadhaar, Pan or any other ID. Officials

On Friday, gold prices eased after the World Health Organisation (WHO) in a statement said that the China Coronavirus outbreak does not yet constitute an international emergency. Gold futures fell by 0.7 percent to Rs 40,005 per 10 grams on MCX.

Shares in Yes Bank have jumped 12 per cent in two days, following comments by SBI Chairman, that the bank would not be allowed to fail. Yes Bank is a significant player in the market with an almost $40 billion balance

The RBI in consultation with the centre has doubled the investment limit in debt by foreign portfolio investors. This is to gain more investment in corporate and government debt. Post the rejig, the revised investment limit under the ‘voluntary retention route'

Benchmark indices were trading marginally lower, after a decent recovery on Thursday. Global markets were rather quiet, after bouts of volatility, following a global health scare from the Coronavirus. The Sensex was trading with losses of 84 points, while the Nifty

Rupee trades lower at 70.32 versus its previous closing of 71.27 per dollar. In the bond market, yield on 10-year government bonds stood at 6.6%. Crude continues to slide on concerns over corona virus attack which is seen to

On Yes Bank's crisis which is on a long extended fund raising spree, SBI Chairman Rajnish Kumar told a leading news channel in Davos, I have a feeling that it will not be allowed to fail. Further he said some

The finance ministry in a bid to make the budget more understandable by common man will unveil a social campaign called Arthshastri on January 22. As part of the common, the ministry will head on to explaining various budgetary terms through

On Monday, the government appointed heads to four large public sector banks for a period of three years. The Appointments Committee of the Cabinet (ACC) approved the proposal of the Department of the Financial Services for the appointment of Challa Sreenivasulu