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Jaitley to soon meet PSU bankers on NPA, stake sale issues
New Delhi: Finance Minister Arun Jaitley will meet PSU bankers to discuss stake sale plans and the problem of rising bad loans which have crossed a staggering Rs 2.5 lakh crore.
"Banks are coming to meet me. Some of the banks are meeting…
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Sensex falls 75 points on profit-booking
Mumbai: The benchmark BSE Sensex fell over 75 points in early trade today as stocks of oil & gas, PSU, metal, healthcare and banking companies succumbed to profit-booking after two sessions of gains.
The 30-share index declined by…
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Sensex surges 363 points to over 3-week high
Mumbai: The benchmark BSE Sensex rose for the second straight day on Monday by surging 363 points to close at over three-week high of 27,687.30 mainly led by gains in consumer durables, oil&gas and healthcare stocks.
Forecast of timely…
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Cos sponsored fgn trip may not need disclosure in revised ITR
New Delhi: The Finance Ministry is likely to exempt assesses from sharing details of company sponsored foreign trips in the revised Income Tax Return (ITR) forms, but may retain the disclosure of foreign bank accounts, sources said.
The…
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Sensex rallies on monsoon forecast, up 126 points
Mumbai: Extending gains for the second day, the benchmark BSE Sensex today rose over 126 points in early trade on increased buying by participants, supported by forecast of a timely monsoon and hopes of a rate cut by the Reserve Bank of…
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Govt contains fiscal deficit at 4%; beats its own target
New Delhi: Bettering its own financial targets, the government has contained the fiscal deficit at 4 per cent of GDP for 2014-15 at Rs 5,01,880 crore.
The revenue deficit has also been confined to 2.8 per cent, beating the budget target of…
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Finance Minister expects rate cut by RBI
New Delhi: Ahead of RBI's second bi-monthly monetary policy review, Finance Minister Arun Jaitley today said his "expectation" from Governor Raghuram Rajan was the same as general expectation on an interest rate cut.
"My expectation is the…
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Reasonable taxation, ease of doing business govt’s priority:FM
New Delhi: Finance Minister Arun Jaitley today outlined the road map for the second year of the NDA government which includes making taxation more reasonable and improving the ease of doing business in India.
Maintaining the speed of…
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Gold plunges Rs 180 on global cues; snaps two-day rally
New Delhi: Gold prices retreated from over three-month highs by falling Rs 180 to Rs 27,710 per ten grams at the bullion market today on slackened demand from jewellers and retailers at prevailing levels amid a weak global trend.
In…
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Sensex jumps over 173 pts on positive global cues
Mumbai: The benchmark BSE Sensex recouped over 173 points in early trade today on value-buying by participants amid a firming trend at other Asian markets.
The 30-share barometer rose 173.51 points, or 0.63 per cent, to 27,379.57, with…
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