Economy

Stock market opens green, BSE trading at 59,030.20, Nifty at 17,567.75

Mumbai, For the second consecutive day, the stock market opened in green territory on Wednesday with BSE Sensex trading at 59,030.20, up 24.93 points or 0.04 per cent and Nifty at 17,567.75, up 5.75 or 0.03 per cent. Among the pack of 30 stocks at BSE, NTPC, HCL Tech, Titan, Maruti, IndusInd Bank, Mahindra and …

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Sensex up 514 pts, ends above 59,000, Nifty closes above 17,500

Mumbai, Benchmark indices ended in green territory with Sensex moving 514 points up while Nifty too ended above 17,500 on Tuesday. At the close, the Sensex was up 514 points or 0.89 per cent at 59,005.27 while Nifty was up 165.10 points or 0.95 per cent at 17, 562.00. Bajaj Finance, IndusInd Bank, ITC, Tata …

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States must adopt Petrol GST as India anyway is fast moving towards 100% electric mobility: Karan Bhasin

Bengaluru, The state governments are opposing the inclusion of petrol and diesel into the GST ambit for fears of losing revenues. But, what would they do when India achieves its ambitious plan of having 100 percent electric mobility by 2030?  From where will they raise revenues in this eventuality? So, there is an urgent need …

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Major Currencies down

Mumbai, Following were the indicative currency rates and travellers’ cheques buying and selling rates. CURRENCY NAME BUY SALE UAE DIRHAM 18.1879 21.2659 AUSTRALIAN DOLLAR 48.7894 56.4758 BANGLADESH TAKA 0.792387 0.931079 BAHRAIN DINAR  179.8983208.0143 CANADIAN DOLLAR 52.7835 61.4567 SWISS FRANC 72.153 84.7842 CHINESE YUAN 8.06 13.08 DANISH KRONE 10.5801 12.3636 EURO 78.7209 91.2846 STERLING POUND 92.2958  107.0246 HONG …

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After Kerala and Maharashtra, UP opposes plan to bring diesel, petrol in GST ambit

Lucknow, Even before the GST Council started its 45th meeting on Friday, Uttar Pradesh Finance Minister Suresh Khanna made it clear that the state was against any proposal to bring diesel and petrol in the GST ambit. “We are opposed to petroleum products being under GST,” Khanna told UNI before the Council members assembled for …

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Niti Aayog anchors PLI dashboard plan to monitor beneficiary companies

New Delhi, Government think tank Niti Aayog is anchoring the plan to prepare a dashboard showing real time data on production-linked incentives (PLI). A senior government official said that the Aayog has started taking inputs from concerned ministries and departments to put in place the system. “They have written to us for our suggestions. The …

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