Business

 VoV Web Desk

India’s fiscal deficit reaches 91.3 percent of full-year target in September

India’s fiscal deficit reaches 91.3 percent of full-year target in September

31 October 2017 NEW DELHI (Reuters) – India reported fiscal deficit of 4.99 trillion rupees ($77.09 billion) for April-September or 91.3 percent of the budgeted target for the current fiscal year that ends in March 2018. The deficit was 83.9 percent of the full-year target during the same period a year ago. Net tax receipts […]

 VoV Web Desk

Jk bank registers over 100 crore profit in 6 months

J&K Bank has shown net profit of Rs 101.83 Crore for half-year ended September 2017, the results of which were declared and adopted today in its Board Meeting held at Corporate Head Quarters. Chairman and CEO,. Parvez Ahmed while expressing his satisfaction on the performance delivered by the Bank for past two quarters especially during […]

 VoV Web Desk

Sensex ends at all-time closing high of 33,042

Sensex ends at all-time closing high of 33,042

October 25, 2017 Benchmark indices ended at record closing high today backed by banks and infrastructure stocks after recapitalisation and highway projects boost. The 30-share BSE Sensex was up 435.16 points or 1.33 percent at 33,042.50 and the 50-share NSE Nifty rose 87.70 points or 0.86 percent to 10,295.40. The government on Tuesday announced a […]

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Sensex recovers 117 points on gains in telecom, oil stocks

Sensex recovers 117 points on gains in telecom, oil stocks

October 23, 2017 The benchmark BSE Sensex ended its three-day losing run to close higher by nearly 117 points or 0.36 per cent after a volatile trade on the back of gains in telecom, energy, oil & gas, banking and auto stocks. The 30-share index settled higher by 116.76 points or 0.36 per cent, at […]

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Equities ride bulls ahead of Diwali, Nifty scales record highs

Equities ride bulls ahead of Diwali, Nifty scales record highs

Mumbai, Oct 14 (IANS) Supported by good buying sentiments ahead of Diwali, key Indian equity indices rode the bulls for the second consecutive week, with the wider Nifty50 of the National Stock Exchange (NSE) hitting record highs on the last trading day of the week. Market observers said the risk-taking appetite of investors got a […]

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Don’t want business class to get caught in red-tape: PM on GST changes

Don’t want business class to get caught in red-tape: PM on GST changes

Dwarka, Oct 7 (PTI) Prime Minister Narendra Modi today hailed the sweeping changes in the GST to give relief to small and medium businesses, saying his government does not want the country’s business class to get caught in red-tape. Asserting that “some very important decisions” related to the Goods and Services Tax (GST) have been taken, […]

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GST to impact manufacturing sector: RBI

GST to impact manufacturing sector: RBI

October 04, 2017 The implementation of GSThad an adverse impact on manufacturing and may delay investment revival, the Reserve Bank said today while hoping that there will be simplification of the new indirect tax regime to the ease business process. In its fourth bi-monthly monetary policy review of 2017- 18, RBI forecast economic growth to slow to 6.7 per cent in the current […]

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Sensex climbs 213 pts as auto oil stocks advance

Sensex climbs 213 pts as auto oil stocks advance

Oct 3, 2017, Mumbai,: The BSE Sensex today rose by 213 points or 0.68 per cent and the NSE Nifty closed above 9,800- mark after a rally in auto stocks on better-than-expected sales data for September. The 30-share BSE barometer after gap-up opening at 31,537.81 points hit a high of 31,615.28 on sustained buying by domestic institutional investors (DIIs). […]

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Lesser GST slabs after revenue neutral plus level: Jaitley

Lesser GST slabs after revenue neutral plus level: Jaitley

New Delhi, Oct 1(Agencies)Finance Minister Arun Jaitley on Sunday said Goods and Services Tax (GST) slabs may be reduced in the future if a “revenue neutral plus” tax level is reached. Jaitley made the remark at the “Foundation Day” event of the National Academy of Customs, Indirect Taxes and Narcotics (NACIN) in Faridabad. According to […]

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Jet fuel price hiked, LPG to now cost more

Jet fuel price hiked, LPG to now cost more

October 01, 2017 Jet fuel or aviation turbine fuel price was today hiked by a steep 6 per cent on firming international rates, the third straight increase in rates since August. Aviation turbine fuel will now cost Rs 53,045 per kilolitre in Delhi, Rs 3,025 per kl more than Rs 50,020 previously, according to a […]

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