Category: Finance

Process and likely focus areas of the Budget 2016

By Amit Kapoor The budget is an important document that decides the course of the fiscal policy of the government…

10 years ago

Bankers to strike for reinstating Dhanalaxmi Bank officer

Chennai, Feb 22 (IANS) The All India Bank Officers Confederation (AIBOC) on Monday said it would go on nation-wide strike…

10 years ago

IISL announces five new indices, total indices at 11

New Delhi, Feb 22 (IANS) National Stock Exchange (NSE) group company India Index Services & Products Ltd (IISL) on Monday…

10 years ago

Rupee touches 30-month closing low

Mumbai, Feb 22 (IANS) The Indian rupee weakened by 14 paise on Monday to touch its 30-month closing low. The…

10 years ago

Lend more, expand service: Odisha government tells banks

Bhubaneswar, Feb 22 (IANS) The Odisha government on Monday asked banks to increase their credit-deposit (CD) ratio and open branches…

10 years ago

Short-coverings, global cues swell equity markets

Mumbai, Feb 22 (IANS) Short-coverings, coupled with value-buying and positive global indices, supported the rise of the Indian equity markets…

10 years ago

Budget to be growth-oriented with eye on fiscal deficit: Official

New Delhi, Feb 22 (IANS) Ahead of the February 29 presentation of India's budget for the next fiscal, the government…

10 years ago

Short-coverings, Asian cues swell markets

Mumbai, Feb 22 (IANS) Short-coverings, coupled with value-buying and positive global indices, supported the rise of the Indian equity markets…

10 years ago

HSBC reports loss worth $1.3 bn in 2015’s Q4

London, Feb 22 (IANS) HSBC Holdings Plc on Monday reported a net loss of $1.3 billion in the fourth quarter…

10 years ago

Chinese shares close higher

Beijing, Feb 22 (IANS) Chinese stocks soared high on Monday -- with the benchmark Shanghai Composite Index up 2.35 percent…

10 years ago

Chinese shares surge

Beijing, Feb 22 (IANS) Chinese shares regained the 2,900-point mark on Monday, following the appointment of a new regulator head…

10 years ago

Japan stocks close higher

Tokyo, Feb 22 (IANS) Japan stocks closed higher on Monday, reversing earlier losses as the yen's retreat against the US…

10 years ago

Tokyo stocks reverse losses

Tokyo, Feb 22 (IANS) Japan stocks reversed early losses on Monday morning as the yen's retreat versus a basket of…

10 years ago

Sensex trades flat in early session

Mumbai, Feb 22 (IANS) A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Monday was trading…

10 years ago

Chinese shares open higher

Beijing, Feb 22 (IANS) Chinese stocks opened higher on Monday, with the benchmark Shanghai Composite Index up one percent, at…

10 years ago

Chinese yuan advances against dollar

Beijing, Feb 22 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, gained 21 basis points…

10 years ago

Tokyo stocks open lower

Tokyo, Feb 22 (IANS) Tokyo stocks opened lower on Monday as Wall Street's drop at the end of last week,…

10 years ago

CII for continuing 10 percent peak rate of customs duty

New Delhi, Feb 22 (IANS) Indian industry has pitched for continuation of the 10 percent peak rate of customs duty…

10 years ago

Global oil price likely to stay low: Mukesh Ambani

Mumbai, Feb 21 (IANS) Cautioning against the overall deflationary dangers from the global oil price slide, Reliance Industries (RIL) chairman…

10 years ago

Budget hopes: More exemptions, deductibles, transparent tax system

Chennai, Feb 21 (IANS) Making the tax administration tax-payer friendly and transparent, tax holiday for a certain period for businesses…

10 years ago



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