BUSINESS

Govt school teacher suspended for sending lewd messages to women teachers: Official

Govt raises import duty on parts of mobile phones, chargers

2:24 pm February 1, 2021

New Delhi: The government on Monday proposed to impose import duty on components of mobile phones and chargers, to enhance local value addition. Finance Minister Nirmala Sitharaman announced review of 400 exemptions in customs duty including those applicable on the mobile devices segment. ”For greater domestic value addition, we are withdrawing a few exemptions on part of […]

Sensex zooms over 1,700 pts after Budget 2021; Nifty reclaims 14K

2:19 pm February 1, 2021

Mumbai: The BSE benchmark Sensex zoomed over 1,700 points and the NSE Nifty reclaimed the 14,000-level driven by gains in financial stocks on Monday after Finance Minister Nirmala Sitharaman presented the Union Budget, which anlaysts believe is a ”growth-oriented” effort. After touching an intra-day high of 48,004.71, the 30-share Sensex was trading 1,660.99 points or 3.59 per cent higher at 47,946.76; and the broader Nifty surged 462.15 points […]

RBI likely to maintain status quo on interest rate, say experts

3:53 pm January 31, 2021

Mumbai: The Reserve Bank is likely to maintain a status quo on benchmark interest rate in its next monetary policy meet outcome to be announced on February 5, four days after the presentation of the Union Budget 2021-22. Experts are of the view that the RBI will refrain from tinkering with the interest rates and […]

Delhi-based Kashmiri scribes, over 25 people from Valley were potential spying targets: Report

GDP growth rate for 2019-20 revised downwards to 4 pc

8:27 pm January 29, 2021

New Delhi: The government on Friday revised downwards the economic growth rate for 2019-20 to 4 per cent from 4.2 per cent estimated earlier. “Real GDP or GDP at constant (2011-12) prices for the years 2019-20 and 2018-19 stands at Rs 145.69 lakh crore and Rs 140.03 lakh crore, respectively, showing growth of 4.0 per […]

Benchmarks fall for 6th session; Sensex dives 588 pts

4:50 pm January 29, 2021

Mumbai: The domestic equity market continued its downward journey for the sixth session in row on Friday, with the BSE Sensex plummeting over 588 points and the NSE Nifty tumbling nearly 183 points due to across-the-board selling. Both benchmark indices fluctuated between gains and losses in a highly volatile session. Meanwhile, Finance Minister Nirmala Sitharaman […]