Business
Commerce Ministry Bans Imports of E-cigarettes and its Components
The notification was issued to comply with the government's Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Exports, Transport, Sale, Distribution, Storage and Advertisement) Ordinance, 2019.
India's Palm Oil Production May Double in 5 Years on Rising Yields: Report
India is the world's biggest edible oil importer and relies on Malaysia and Indonesia for palm oil supplies.
Thomas Cook's German Arm Declares Insolvency, Says Step Taken to Seek Independence from Parent Company
Thomas Cook's German subsidiary employs around 2,000 people, service sector union Verdi said.
Sensex Opens Over 200 Point Higher; Nifty Tops 11,600 Amid Positive Domestic Cues
After hitting a high of 39,306.37 points, the 30-share index pared some gains to trade 52.71 points, or 0.13 per cent, higher at 39,142.74 at 0945 hours, while the broader Nifty advanced 13.40 points, or 0.12 per cent, to 11,613.60.
Collapse of UK Tour Company Doesn't Affect Us: Thomas Cook India Issues Clarification
In August 2012, 77 percent of Thomas Cook UK's stake in Indian operations was acquired by Fairfax Financial Holdings (Fairfax), a Canada based multinational, the company explained, adding that with this, Thomas Cook UK ceased to be a promoter of the compa...
What to Expect from Stock Markets this Week after Friday’s Big-bang Rally
The Sensex and Nifty posted the best single-day gains in a decade on Friday, jumping by a whopping 5.3%, while the broader markets also traded in line with the BSE Midcap index rising 6.3% and Smallcap index gaining 4%.
Govt Move to Cut Corporate Tax Will Boost Net Income of Companies, Says Moody's
ikas Halan, senior vice president, corporate finance group, Moody's Investors Service said the decision to reduce base corporation tax to 22 per cent from 30 per cent will boost net income of Indian corporates and is credit positive.
'This is Bigger Than 20 Budgets': Blockbuster Friday for India Inc After FinMin's Big Bang Announcements
The Governor of Reserve Bank of India, Shaktikanta Das, on Friday welcomed the Finance Ministry’s decision to slash effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic firms.
Sensex Rebounds Over 100 Points; Banking, Auto Stocks Jump Amid Positive Domestic Cues
The 30-share index was trading 119.27 points, or 0.33 per cent, higher at 36,212.74 at 0930 hours, while the broader Nifty rose 23.90 points, or 0.22 per cent, to 10,728.70.
RBI Guv Says Inflation Under Check, Little Fiscal Space for Govt to Unveil Measures to Arrest Slump
However, the governor added that there is little fiscal space for the government to unveil any countercyclical measures to boost the sagging growth and the only way to revive is to front-load the budgeted capex.
Yes Bank, Nalco, RITES and Vodafone Idea Among Key Stocks in Focus Today
At 10:19 am, the benchmark S&P BSE Sensex was trading lower by 279 points, or 0.76%, at 36,287.67, while the Nifty 50 index fell 86.70 points, or 0.8%, to 10,753.95.
Stocks of Oil Marketing Companies Jump up to 3.6% as Oil Prices Cool
Shares of Bharat Petroleum Corporation Limited jumped 3.65 %, Hindustan Petroleum Corporation Limited gained 3.64 % and Indian Oil Corporation rose 2.68 % on the BSE.
Oil Sinks 5% on Forecasts of Quick Saudi Output Recovery
The crisis revived fears of a conflict in the tinderbox Gulf region and raised questions about the security of crude fields in the world's top exporter Saudi Arabia as well as other producers.
CAR T-Cell Therapy May be Available to Cancer Patients in India Next Year: Dr Siddhartha Mukherjee
In CAR T-cell therapy, immunological cell is derived from the patient’s body and weaponised to kill cancer cells in the body.
Vistara Plans Revamp of its Frequent-flyer Programme by Increasing Number of Partner Companies
Club Vistara currently has just two airline partners Singapore Airlines and Silk Air, but it has seven other partners across other segments.
Millennials, Taxes or Failed Policy? Blame Game Ensues as Wheels Come Off India's Auto Sector
The country's once-booming auto sector — seen as an important barometer of overall economic health — is in the slow lane, with sales slumping for the 10th-straight month in August.