Sensex Surges Past 24,000 Points On Solid Global Cues; SBI Rallies 8%
Benchmark indices began the day on a solid footing surging past the 24,000 points mark on sustained buying support, following robust global cues. The Sensex was trading with gains of 362 points, while...
View ArticleGovt Considering Partial Rollback Demands On Proposed EPF Tax
Smarting under an all-round attack over a proposal to tax provident fund withdrawals, the government today promised to consider demands for a possible partial rollback but asserted that PPF will...
View Article5 Reasons Why The Sensex Has Surged 1200 Points In 2-Days
The Sensex has gained 1200 points in 2-trading sessions. In fact, the near 800 points gain in the Sensex on Tuesday was the biggest single day gain we have seen in the last 7 years....
View ArticleStandard Chartered Mumbai Marathon 2016: Bigger And Better
It was touted as the biggest run in the city of Mumbai and one of the most eagerly awaited sporting events for Mumbaikars. The Standard Chartered Mumbai Marathon 2016 lived up to its billing, as...
View ArticleSensex Ends 463 Points Up In Trade; Banking Stocks Lead Surge
Benchmark indices surged in trade, led by a solid rally in banking names like State Bank of India, ICICI Bank and Axis Bank. Global cues remained robust with most Asian markets closing substantially...
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View ArticleFive Indian Women Among Forbes World's Billionaires List
Five Indian women have made it to the Forbes list of world's richest people in the world, which saw 190 women billionaires -- a little over 10 per cent of the total count. Globally the number of women...
View ArticleSensex Rallies For Third Day In Row; Metals Bounce Back
Benchmark indices gained ground for the third straight day with the index gaining another 180 points on strong global cues. The Nifty added 54 points to trade at 7423 points, as metals staged a good...
View ArticleEPFO To Refund Admin Charges To Promote UAN Activation
In a bid to incentivise activation of Universal Account Number (UAN), retirement fund body EPFO will refund up to 10 per cent of administrative charges paid by employers for providing KYC detail like...
View ArticleIndia's Overall Biz Environment Has Improved: US Trade Group
India's overall business environment has improved and the country is also taking a hard look at its IP-related competitiveness, an American business advocacy group has told the US government....
View ArticleServices Sector Cools Off In Feb 2016
Services sector showed a contraction with the Indian Services PMI showing a drop for the month of Feb 2016. The month showed that data showed that services firms and goods producers alike registered...
View ArticleSensex Surges Another 364 Points; Metal Stocks Lead Charge
Benchmark indices ended the day strongly for the third session in a row, as heavy cash buying by Foreign Portfolio Investors, fuelled a rally on the bourses. The Sensex ended the day higher by a...
View ArticleStocks That Were In News On March 3, 2016
The 30-share benchmark index ended the trade at 24606.99, higher by 364.01 points, while the NSE Nifty was at 7475.60, up by 106.75 points. On the global front, Asian indices ended the day on mixed...
View ArticleCBDT Clarifies Various Provisions Of The Income-tax Act
The Central Board of Direct Taxes (CBDT) has taken a number of decisions to clarify the applicability of various provisions of the Income-tax Act with the objective of easing the burden of compliance...
View ArticleBudget Offers Short-Term Positive For Bonds and Rupee: Ind-Ra
The Union Budget 2016-2017 has reinforced the credibility and confidence of investors by adhering to the fiscal consolidation path. This is a near-term positive for both debt and forex, says India...
View ArticleMarkets End Higher; Banking Stocks Lead
Benchmark indices ended the day higher for the 4th straight day, capping a superb set of gains for the Sensex and the Nifty during the week. The Sensex ended the day with gains of 39 points, while the...
View ArticleStocks That Were In News On March 4, 2016
The 30-share benchmark index ended the trade at 24646.48, higher by 39.49 points, while the NSE Nifty was at 7485.35, up by 9.75 points. On the global front, Asian peers ended the day on a positive...
View ArticleBiggest Weekly Gain For Sensex Since May 2009; Is There More?
You do not often hear of six per cent gains on the Sensex in a week's time. But, it was true for the Sensex this week, which rallied from the Union Budget low of 22,500 points to a staggering 24,646...
View ArticleSovereign Gold Bonds: Government To Issue Third Tranche From March 8, 2016
The Government of India, in consultation with the Reserve Bank of India, has decided to issue third tranche of Sovereign Gold Bonds. Applications for the bond will be accepted from March 8, 2016 to...
View ArticleGovt To Notify Categories Of Employees Exempt From EPF Tax
The government will notify categories of employees who will be excluded from the controversial tax proposal on provident fund withdrawals, a Finance Ministry official said. Finance Minister Arun...
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