Business
Government to unveil new I-T tool to check PAN transactions history
The new software tool will enable the taxman to view, in a chronological order, the entire "PAN life cycle summary" or to simply say transactions history of an individual or entity where a PAN number has been quoted, in any part of the country.
Sensex snaps 6-day rally, down 190 points
The 30-share BSE Sensex fell 190.04 points or 0.70 percent to 26845.81 after rallying more than 1400 points in previous six consecutive sessions.
Sensex up 147 points, Nifty ends above 8150
About 1585 shares have advanced, 1148 shares declined, and 114 shares are unchanged.
Indian manufacturing growth falls to 7-month low in September: Survey
Indian manufacturing activity slowed more than expected to a seven-month low in September due to softening demand and output, a business survey showed.
Government collects Rs 3,770 crore from over 600 stash holders
CBDT added that tax at the rate of 30 per cent and penalty at the rate of 30 per cent is to be paid by December 31, 2015.
After steep rate cuts, RBI hands over baton to New Delhi
Rajan cut the key repo rate by 50 basis points to a 4-1/2 year low of 6.75 percent on Tuesday. He expects that show of faith to be rewarded by government efforts to manage food inflation and keep fiscal spending under control, said officials familiar with...
RBI exceeds expectations, cuts repo rate by 50 basis points at 6.75%, keeps CRR unchanged at 4%
"Today's 0.5 per cent rate cut based on progress on the ground; It's not any Diwali bonus," said Rajan.
Rupee plunges by 32 paise against dollar in early trade
However, the dollar's weakness against other currencies overseas capped the losses, forex dealers added.
Oil companies slash Jet fuel price by 11.7 per cent
ATF or jet fuel price was slashed by a steep 11.7 per cent on Tuesday, while rates of non-subsidised cooking gas LPG were reduced by Rs 25.5 per cylinder in line with dip in international prices.
US stocks surge, rebounding from six-day slump
US stocks surged on Thursday in a broad rally, rebounding from a big slump that was driven by worries about the health of the Chinese economy.
Chinese shares crash for the 2nd day; falls below 7 per cent
Chinese stocks fell for the second day on Tuesday following the 8.49 per cent loss on Monday, which had devastated markets in India, the US and elsewhere over fears of hard landing of the world's second largest economy.
ITC denies receiving notice on excess lead in Yippee noodles
Domestic giant ITC Ltd today said it has not received any communication from the UP government regarding presence of excess lead in its instant noodle brand Sunfeast Yippee.
Shanghai stocks slump, but Asian bourses bounce
Shanghai stocks tumbled on Tuesday, extending their steepest four-day rout in almost 20 years after worries about China's faltering economy sent world markets reeling, but other Asian stocks bounced back from heavy early losses.
Market turbulence raises fresh worries over global economy
A roller-coaster ride on global markets, which saw some bourses record their largest one-week losses since 2008 as they took fright at a Chinese sell-off, have raised fresh worries over the strength of the global economy.
