Economic & Finance News
The provisional payroll data of EPFO, released on Monday, shows of the total 1.46 million net subscribers added during the month, around 0.90 million new members have come under the… [...]
"The pre-Budget/RE (Revised Estimate) meetings will begin on the October 12, 2020," according to the Budget Circular (2022-23) of the Budget Division of the Department of Economic Affairs, dated September… [...]
The CEO of the top multinational professional services network said, "FDI, I believe, is the key to India's aspiration to be a USD 5 trillion economy and I think that… [...]
In yet another twist to the tortuous debt resolution at Videocon Group, lead consortium lender State Bank of India has approached an appeals court to direct the Committee of Creditors… [...]
Finance minister Nirmala Sitharaman said on Friday that till 2026 compensation cess will be used to pay for back-to-back loans of ₹2.69 lakh crore during FY21 and FY22, which were… [...]
The Centre has estimated the shortfall in GST compensation payable to states in the current fiscal year at Rs 2.59 lakh crore, of which about Rs 1.59 lakh crore would… [...]
These moves would help prevent revenue leakage due to evasion of Goods and Services Tax (GST), which was launched on July 1, 2017. [...]
Food delivery apps will now be required to collect 5% GST from consumers instead of the restaurant they pick up orders from, Sitharaman said on Friday evening after the Council… [...]
The resumption of economic activities post the second Covid wave improved sentiments and supported the loan performance in June-July 2021, said the report. [...]
"The number of subscribers in various schemes under the National Pension System (NPS) rose to 453.41 lakh by end-August 2021 from 365.47 lakh in August 2020 showing a year-on-year increase… [...]
Inclusion of petroleum products, petrol and diesel within GST is set to be a hot topic of debate as high taxes and cess have pushed fuel prices to record highs.… [...]
Sridharan said the NFRA operates under a single section of the Companies Act. The section does not provide comprehensive coverage of all the functions and powers that are required to… [...]
ICRA chief economist Aditi Nayar, in a statement, said, “We now assess the inflows from the telecom sector into the GoI's FY2022 non tax revenues to be limited to Rs… [...]
The tax department has started questioning many companies as to whether they have distributed these common expenses across all their registered entities. It is investigating whether the companies are dividing… [...]
The new Income Tax e-filing portal developed by Infosys continued to face glitches despite the September 15 deadline set by the government to iron out issues on the platform. The… [...]
Market News
In another transaction, Kuber India Fund sold 113,468 shares of Windlas Biotech at Rs. 379.7 apiece through a bulk deal on the NSE. [...]
These are facing a fine of Rs 16 lakh, payable jointly and severally, for violation of Prohibition of Fraudulent and Unfair Trade Practices norms. [...]
Mazhar Mohammad of Chartviewindia.in said this market may be changing its trajectory from 'buy on dips' to 'sell on rallies' mode. [...]
The Relative Strength Index (RSI) on the daily chart stood at 67.93; it has slipped below the 70 mark from the overbought zone. The daily MACD has shown a negative… [...]
Ten of the 11 major S&P sectors declined. Economy-sensitive industrials, financials and energy dropped between 1.7 per cent and 3.6 per cent. [...]
Nowhere was the knee-jerk reaction felt more acutely today than in the metals space. The Nifty Metal index plummeted nearly 7 per cent in one of the biggest sell-offs the… [...]
Metal players bled, whereas hotel stocks were the buyer's favourite. NDTV rose amid the buzz of takeover by Adani Group. BLS International tanked following the negative newsflow. [...]
Nifty again failed to sustain above 17,600 and eventually broke below 17,400 to settle at 17,397, down 188 points. Appearance of bearish candle with higher shadow after Friday’s bearish candle… [...]
The fact that Nifty50 fall came after Friday's Dark Cloud Cover formation and that the momentum indicator MACD has sent out 'sell' signals suggest that the index could be in… [...]
Nifty formed an Inverted Bearish Hammer kind of candle on the daily scale and negated the formation of higher highs and lows of the last four sessions. [...]
Equity investors were left poorer by Rs 3.78 lakh crore, as their total wealth represented by BSE market capitalisation declined to Rs 255.18 lakh crore. This means they lost over… [...]
Among the new generation franchises, some are already generating free cash flow, some are not. And Mukherjea says he does not believe in franchises that do not generate free cash… [...]
The pan-European STOXX 600 index was down 1.5% by 0745 GMT, with mining stocks plunging 3.2% on a slide in commodities prices. [...]