Business
BPCL, Bharti Airtel, RCom, Glenmark, Vodafone Idea Among Key Stocks in Focus Today
Bharat Petroleum Corp. Ltd (BPCL) shares jump 4% after finance minister Nirmala Sitharaman said that the government is aiming to sell its stake in the company by March 2020.
Nirmala Sitharaman Holds Meeting on GST Simplification; Similar Meetings Across Country on December 7
To highlight the problems faced by GST filers, the stakeholders attempted to file specific returns on a real-time basis in the meeting and tried to show where they are facing difficulties.
For Third Consecutive Month in October, Exports Dip 1.11%; Major Drop in Tea, Rice, Carpet Shipments
Imports too declined by 16.31 per cent to USD 37.39 billion in October, narrowing the trade deficit to USD 11 billion, according to the government data.
Flipkart to Collect Plastic Packaging Back from Customers, Starts Pilot in 7 Cities
The collected packets will then be sent to registered vendors to ensure they are disposed of responsibly to avoid ending up in landfills.
Amazon Brings 'Project Zero' to India to Help Brands Fight Counterfeits
The initiative was launched earlier this year in the US, Europe (UK, France, Italy, Spain, and Germany) and Japan and over 7,000 brands have already enrolled in Project Zero.
Sabka Vishwas Scheme Gaining Traction; Over Rs 5,000 Crore Dues Declared So Far
The Central Board of Indirect Taxes and Customs (CBIC) has asked its principal chief commissioners to be more proactive in persuading eligible taxpayers to take benefit of 'Sabka Vishwas Scheme'.
Overseas Investors Remain Net Buyers as FPIs Invest Over Rs 12,000 Crore in First Week of November
The latest depositories data showed that foreign portfolio investors (FPI) infused a net Rs 6,433.8 crore in equities and Rs 5,673.87 crore in debt segment between November 1-9.
China's October Exports Fall, but Less Than Expected as Trade War With US Grinds on
Even if a US-China trade deal is signed soon, economists say it is unlikely to help boost exports and manufacturing for some time yet and could still mean more stimulus is needed from Beijing to avert a sharper downturn.
Sensex Jumps 184 Points to Hit Fresh Record High as Nifty Reclaims 12,000-Mark
Top gainers in the Sensex pack included Sun Pharma, IndusInd Bank, RIL, ITC, Vedanta, Asian Paints, HDFC and Infosys, advancing up to 3.02 per cent.
Yes Bank Shares Drop 4% After Moody’s Warns of Ratings Downgrade
At 12:45 pm, shares of Yes Bank were trading at Rs 67.70, down 1.5%, after hitting the day’s low of Rs 66. Though the stock has lost 70% in the last one year, it has recovered nearly 110% from the record low seen in October.
FM Nirmala Sitharaman Announces Rs 25,000 Crore Alternative Fund for Stalled Housing Projects
The minister said the government will establish a 'special window' to provide priority debt financing for completion of stalled housing projects in the affordable and middle-income housing sector.
China to Resume Canada Meat Imports, But Ties Still Frosty as Huawei Executive Remains Under Detention
Beijing blocked beef and pork shipments from Canada in June, alleging contamination in pork shipments and bogus documents -- claims disputed by Canada.
Sensex Rallies 222 Points to Close at Fresh Record High
After opening on a choppy note, the 30-share Sensex touched an all-time intra-day high of 40,606.91 in late-afternoon trade. It finally ended 221.55 points, or 0.55 per cent, higher at 40,469.78.
Yes Bank Tumbles 7% as Investors Await Q2 Results and Details of $1.2 bn Offer
At 12:02 pm, shares of Yes Bank were trading at Rs 67.30, down 4.4%, after hitting the day’s low of Rs 65.55. Notably, the stock has recovered over 110% in the last one month.
Dhanlaxmi Bank Stocks Jump 5 Percent after Profit Rises Two-fold
Shares of Dhanlaxmi Bank were up 4.96 per cent at Rs 16.50 apiece on the BSE. Similarly, on the NSE, the stock saw a rise of 5.09 per cent to Rs 16.50.
Rupee Falls 6 Paise to Reach Rs 70.98 against Dollar on Weak Macro Data
A weak dollar against major currencies overseas, persistent foreign fund inflows and a positive opening in the domestic equity market extended support to the rupee.
