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Profit booking drags Sensex 302 pts down
Mumbai: The benchmark BSE Sensex fell over 302 points in early trade today to slip below the 27,000 level as stocks of banking, realty, healthcare, IT, metal and auto companies succumbed to profit booking by speculators, giving up most of…
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Sensex climbs 340 pts in early trade on easing inflation
Mumbai: After yesterday's plunge, the benchmark BSE Sensex rebounded by over 340 points to trade above the 27,000 mark in early trade today after retail inflation eased to 4-month low at 4.87% in April, raising hopes of a rate cut by the…
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Government to modify new income tax return forms
New Delhi: Government today said it has decided to "modify" the new Income Tax Return (ITR) forms in wake of concerns raised over them.
The Income Tax department had notified new income tax return forms on April 15.
In the new ITR-2,…
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GST will make India single largest market globally: Suresh Prabhu
New Delhi: Pitching for support from political parties on the goods and service tax, Railways Minister Suresh Prabhu today said the comprehensive indirect tax reform will make India single largest market in the world.
"I think one good…
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Sensex slides 261 pts in early trade ahead of IIP, CPI data
Mumbai: The benchmark BSE Sensex tumbled over 261 points in early trade today as participants locked in gains after two sessions of gains and ahead of IIP and inflation data to be released later in the day.
The 30-share index was trading…
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Sensex surges 402 pts, Nifty above 8,300-mark
Mumbai: The benchmark BSE Sensex jumped by 402 points today to close at over two-week high of 27,507.30, led by gains in banking and auto stocks, on hopes of RBI rate cut ahead of inflation and IIP data release.
The broader 50-issue NSE…
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KV Kamath appointed BRICS bank president
New Delhi: Eminent banker K V Kamath was today appointed as head of the USD 50 billion New Development Bank being set up by the five emerging economies of BRICS grouping.
Kamath will have a five year term of the bank, which is likely to be…
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Sensex surges 218 pts in early trade on positive global cues
Mumbai: The benchmark BSE Sensex gained over 218 points in early trade today on the back of buying by funds as well as retail investors, tracking positive global cues.
The 30-share barometer advanced 218.20 points, or 0.80 per cent, to…
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Freight rates up on shortage of trucks
New Delhi: Freight rates for nine-tonne load section for select destinations rose by Rs 1,000 in the local truck transport market today on tight position of trucks.
Transporters said less availability of trucks against pickup in cargo…
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Sensex surges 510 pts, Nifty retakes 8,200 mark
Mumbai: The BSE Sensex surged over 510 points to trade above the 27,000 level while the Nifty reclaimed the 8,200 mark in the afternoon trade today as funds and retail investors went about creating fresh positions, driven by the…
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