Economy 8
Tariff hikes likely to double telcos operating profit in FY21: Report
9 Dec 15:00 • 2 articles
Tariff hikes likely to double telcos operating profit in FY21: Report
The Supreme Court order on the AGR puts a burden of Rs 1.47 lakh crore on the industry that has been bleeding for years and sitting on a debt pile of close to Rs 4 lakh crore
9 Dec 15:00 • Business-Standard • 1502508925503165575.htmlTariff hikes can double telcos operating profit in FY21: Report
India Business News: The steep tariff hikes, effected earlier this month by the battered telcos which held prices at rock bottom levels for nearly five years, can help mor
9 Dec 15:13 • The Times of India • 6060938663545061747.htmlSensex rises 42 points in range-bound trade; bank, auto stocks spurt
9 Dec 14:23 • 4 articles
Sensex rises 42 points in range-bound trade; bank, auto stocks spurt
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters. After opening on a weak note, the 30-share BSE Sensex stabilised in
9 Dec 14:23 • The Hindu • 6679535025885388178.htmlSensex rises 42 points; bank, auto stocks shine
Among the Sensex stocks, HDFC emerged as the top gainer, rising by 2.06 per cent, followed by Axis Bank, Maruti, Reliance, Power Grid and Tata Steel. On the other hand, TCS, HCL Tech, L&T, IndusInd Bank, Tech Mahindra, SBI and ITC lost up to 2.93 per cent.
9 Dec 11:23 • The Indian Express • 2885715103990761903.htmlSensex rises 42 points; bank, auto stocks shine
The 30-share BSE Sensex stabilised in afternoon trade and settled with gains of 42.28 points or 0.10 per cent at 40,487.43.
9 Dec 14:06 • Deccan Chronicle • 7881006364184217372.htmlSensex rises 42 points; bank, auto stocks shine
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters.
9 Dec 16:59 • Deccan Herald • 2027555796313213421.htmlStocks slip as investors weigh outlook for US-China trade
9 Dec 13:10 • 2 articles
Stocks slip as investors weigh outlook for US-China trade
Tokyo (AP) - Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute.
9 Dec 13:10 • NEWS wpxi.com • 7786541636968783163.htmlSouth Korea Financial Markets
Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute. A Chinese official said that Beijing wants a prompt settlement of its trade war with Washington as another U.S. tariff hike
9 Dec 09:27 • Yahoo • 7097669637690788754.htmlCGST falls short of budget estimate by 40% in April-November
9 Dec 16:41 • 4 articles
CGST falls short of budget estimate by 40% in April-November
In 2018-19, the actual CGST collection stood at Rs 4,57,534 crore as against the provisional estimate of Rs 6,03,900 crore for the year
9 Dec 16:41 • Business Today • 1145527430972315598.htmlCentral GST falls short of budget estimate by 40pc in April-November
CGST collection during Apr-Nov stood at Rs 3.28 lakh crore against budgeted estimate of Rs 5.26 crore.
9 Dec 14:44 • The Economic Times • 7653256037671392297.htmlCentral GST collection falls short of budget estimate by 40% during Apr-Nov
The minister said that as many as 999 cases were registered till October in the current fiscal for GST evasion and Rs 8,134.39 crore has been recovered.
9 Dec 14:30 • Business-Standard • 1502508924992589923.htmlCGST collections miss target by 40% in Apr-Nov.
‘Registered 999 cases of GST evasion’
9 Dec 16:18 • The Hindu • 6679535024530244814.htmlChanda Kochhar termination: Bombay HC seeks RBI's reply before next hearing
9 Dec 14:30 • 2 articles
Chanda Kochhar termination: Bombay HC seeks RBI's reply before next hearing
Earlier, Kochhar had stated that ICICI Bank was under statutory obligation to obtain prior RBI approval to terminate her from service, and claimed that the bank did not seek any such approval.
9 Dec 14:30 • Business-Standard • 1502508926460593093.htmlBombay HC seeks RBI's response on plea against Chanda Kochhar's termination as ICICI MD
A division bench of justices Ranjit More and SP Tavade directed the Reserve Bank of India to submit its reply by December 16. The bench will hear the matter next on December 18
9 Dec 14:41 • Business Today • 1145527431102703402.htmlMutual Funds' asset base crosses Rs 27 lakh crore in November
9 Dec 16:42 • 3 articles
Mutual Funds' asset base crosses Rs 27 lakh crore in November
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October
9 Dec 16:42 • Business Today • 1145527432543225441.htmlMutual Funds’ asset base hit all time high of Rs 27 lakh crore on inflow in debt schemes
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October.
9 Dec 12:06 • The Indian Express • 2885715104746421172.htmlMutual Funds' asset base hits Rs 27 trn, bank, PSU funds top allocation
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October
9 Dec 11:50 • Business-Standard • 1502508925344277048.htmlBank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO
9 Dec 15:23 • 2 articles
Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO
Last week, the country's largest lender State Bank of India (SBI) had approved diluting up to 8.25 per cent stake in UTI AMC.
9 Dec 15:23 • The Economic Times • 7653256036660807412.htmlBoB to sell 10.4 mn shares in proposed UTI AMC initial public offering
Last week, the country's largest lender State Bank of India had approved diluting up to 8.25% stake in UTI AMC
9 Dec 14:45 • Business-Standard • 1502508924773954068.htmlIndia moves from 130 to 129 in human development index: UNDP report
9 Dec 15:17 • 3 articles
India moves from 130 to 129 in human development index: UNDP report
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said.
9 Dec 15:17 • The New Indian Express • 4718288653811159793.htmlIndia moves from 130 to 129 in human development index: UNDP report
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said. India ranked 130 last year. The steady progress was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy, education, and access to health care, she said.
9 Dec 10:36 • The Economic Times • 7653256036674009892.htmlIndia climbs one spot to 129th in 2019 human development index: UNDP
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said
9 Dec 09:40 • Business-Standard • 1502508925379420199.html