Category: Business

Equity indices plunge, Sensex down 1,100 points

Mumbai, April 1 (SocialNews.XYZ) Stock markets tumbled on Wednesday with the BSE Sensex falling over 1,100 points. The Nifty50 on…

6 years ago

Airlines may post $39B net loss in April-June Q

New Delhi, April 1 (SocialNews.XYZ) The aviation industry that is going through a tough phase amid the coronavirus crisis, is…

6 years ago

‘Wrong time to reduce interest rates on small savings’

New Delhi, April 1 (SocialNews.XYZ) Former Union Finance Minister P. Chidambaram has slammed the government for reducing the interest rates…

6 years ago

Markets open in red on Wednesday

Mumbai, April 1 (SocialNews.XYZ) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session…

6 years ago

US stocks end lower amid spread of COVID-19

New York, April 1 (SocialNews.XYZ) US stocks finished lower in choppy trading amid the fast spread of COVID-19 in the…

6 years ago

FTP 2015-2020 extended for one year

New Delhi, April 1 (SocialNews.XYZ) India's Foreign Trade Policy (FTP) 2015-20 has been extended for one year. Accordingly, the Union…

6 years ago

Refinery products push India’s core industries output to 11-month high

New Delhi, April 1 (SocialNews.XYZ) Healthy production of electricity and refinery products pushed the output pace of India's eight major…

6 years ago

Donations made to PM-CARES Fund eligible for 100% tax deduction

New Delhi, March 31 (SocialNews.XYZ) In a move to encourage contributions for the fight against the coronavirus pandemic, the government…

6 years ago

Xiaomi logs robust growth in 2019 despite downturn

Hong Kong, March 31 (SocialNews.XYZ) Chinese conglomerate Xiaomi on Tuesday announced that its total revenue for 2019 exceeded 200 billion…

6 years ago

Govt sharply cuts small savings rates, PPF to get just 7.1% now

New Delhi, March 31 (SocialNews.XYZ) The government on Tuesday steeply cut interest rates on various small savings schemes in line…

6 years ago

Vodafone Idea extends prepaid validity for 10 cr feature phones

New Delhi, March 31 (SocialNews.XYZ) Vodafone Idea on Tuesday announced extension of the validity of prepaid plans for 10 crore…

6 years ago

Huawei posts 5.6% profit growth in 2019

Shenzhen, March 31 (SocialNews.XYZ) Chinese telecom giant Huawei here on Tuesday said its profit in 2019 reached 62.7 billion yuan,…

6 years ago

Centre to borrow Rs 4.88 lakh cr in April-Sept FY21

New Delhi, March 31 (SocialNews.XYZ) The Union Government plans to borrow Rs 4.88 lakh crore in the first half of…

6 years ago

JioPhone users to get free 100 mins call, 100 SMS till April 17

Mumbai, March 31 (SocialNews.XYZ) Reliance Jio has come up with several relief measures for JioPhone users with 100 minutes of…

6 years ago

Retail sector lost $30 bn in 15 days due to Covid-19: CAIT

New Delhi, March 31 (SocialNews.XYZ) Retailers have incurred around $30 billion losses in the past 15 days due to the…

6 years ago

Govt extends validity of lower withholding tax till June 30

New Delhi, March 31 (SocialNews.XYZ) The government has extended the validity of all lower withholding tax orders, secured by assessees,…

6 years ago

India’s core industries output rose by 5.5% in Feb

New Delhi, March 31 (SocialNews.XYZ) The output pace of India's eight major industries accelerated in February 2020 by 5.5 per…

6 years ago

Covid delays IL&FS China asset sale, Singapore bondholders asked to defer winding up

Mumbai, March 31 (SocialNews.XYZ) ITNL Offshore PTE Ltd (IOPL), a Singapore-based subsidiary of IL&FS owned ITNL, on Tuesday said the…

6 years ago

TN extends time for payment of property tax, loans

Chennai, March 31 (SocialNews.XYZ) In a relief to the people put to hardships due to coronavirus crisis, Tamil Nadu Chief…

6 years ago

Global cues, oil stocks push markets higher, Sensex gains

Mumbai, March 31 (SocialNews.XYZ) Positive global cues pushed the key Indian equity indices higher on the last day of the…

6 years ago



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