Business
India's Archaic Labour Laws Set for Overhaul as Nirmala Sitharaman Proposes Streamlining Them Into 4 Codes
The government had first proposed major reforms, including plans to reduce 44 labour laws to four broad codes, in November 2015 in an attempt to overhaul India’s archaic labour laws.
Sensex Cracks Nearly 400 Points After Sitharaman's Budget; Jewellery Stocks Drop on Gold Gloom
After a highly volatile session, the 30-share index ended 394.67 points, or 0.99 per cent, lower at 39,513.39. The index hit an intra-day low of 39,441.38 and a high of 40,032.41.
Union Budget 2019: Buyback Tax of 20% Extended to Listed Firms
Presenting her maiden budget, finance minister Nirmala Sitharaman on Friday proposed to extend the buyback tax at 20 percent to listed companies as well.
ICICI Bank Share Price Live: As Nirmala Sitharaman Presents Union Budget 2019, ICICI Bank Shares Rise by 0.49%
Union Budget 2019: The ICICI Bank stock has climbed a whopping 57% in the last one year, compared with a 12% rise in the benchmark Nifty 50 index.
Hero Motocorp Share Price Live: Hero Motocorp Shares Fall by 2.40% as Union Budget 2019 is Announced
Union Budget 2019: The stock has lost almost 24% in the last one year compared with a 12% rise in the benchmark Nifty 50 index.
Britannia Industries Share Price Live: Britannia Shares Fall by 0.21% as Finance Minister Presents Union Budget 2019
Union Budget 2019: Britannia Industries reported a rise of 18.39% in its net profit at Rs 289.69 crore for the March quarter compared to Rs 244.69 crore for the same quarter in the previous year.
Driven by Positive Opening in Domestic Equities, Rupee Rises by 16 Paise to 68.79 Against USD
The rupee opened strong at 68.83 at the interbank forex market then gained further ground to touch 68.79 per dollar, displaying gains of 16 paise over its previous close. On Tuesday, rupee had settled at 68.95 against the US dollar.
PNB Scam: Singapore High Court Orders Freezing of Bank Accounts of Nirav Modi's Family
The high court has put a freeze on deposits of $6.122 million (Rs 44.41 crore) following the ED's request on the ground that the money was 'proceeds of crime' illegally siphoned off by Nirav Modi from the Punjab National Bank.
Union Budget 2019: Why New Investors Should Avoid the Stock Market on Budget Day
Inexperienced traders should keep away from the stock market as the volatility will be high, margins will be blocked and the risk to reward ratio will in all likelihood be favourable.
Have Received Representations for Reduction in Customs Duty on Gold: FinMin Sitharaman
She replied this on a question whether the government has received any representation from gold traders requesting for reduction in import duty on gold.
As Govt Aims For the Sky With Green Energy Dream, Budget 2019 May Give a Reality Check
The allocation set aside for the Ministry of New and Renewable Energy in the Budget by finance minister Nirmala Sitharaman will determine the seriousness towards the clean energy push.
Will Budget 2019 be Catalyst For Travel and Tourism Industry to Fulfil Potential?
The tourism sector is essential for India’s service economy as it directly ties in with aviation, hotels and tourism operator industries, all sizeable employment creators,
Specialty Chemical Stocks on a Roll, But Analysts Warn of Hefty Valuations
Shares of companies like Aarti Industries, Fine Organic Industries, Galaxy Surfactants, PI Industries and SRF are trading near their all-time highs.
Amid G20 Uncertainty, Oil Prices Fall After Initially Rising by 2%
Oil prices rose more than 2% on Wednesday to their highest in about a month, buoyed by US government data showing a larger-than-expected drawdown in crude stocks.
Mizoram CM Zoramthanga Writes to Civil Aviation Minister against Unfair Air Fares, Lack of Connectivity
Mizoram CM Zoramthanga said the air fares were unrealistically high as they are not governed by sector, length or flying time.
Data Related to Payments to be Stored Only in India, Says RBI
The RBI had issued a directive in April 2018 on 'Storage of Payment System Data'. It had advised all system providers to ensure that within a period of six months, the entire data relating to payment systems operated by them is stored in a system only in...