1. Business & Economy

Business & Economy

Business & Economy

Questions On Shaky Stocks Banks,  NBFC cause jitters

By Shivaji Sarkar July 15, 2019 New Delhi:  The stock market is continuously crashing for a week. This is a complex phenomenon as it is just not the Budget blues but several other factors are…

By Moin Qazi

Digital Finance Inclusion: Paradigm shift in thinking vital

By Moin Qazi July 15, 2019 New Delhi: The financial industry’s efforts to serve lower-income customers have gone through four distinct phases: from social banking to micro-finance to financial inclusion and now technology-driven financial services…

Cheaper fuel cost eases India’s June WPI to 2.02%

July 15, 2019 New Delhi:  Lower prices of key transportation fuels along with manufactured items eased India’s annual rate of inflation based on wholesale prices to 2.02 per cent in June from 2.45 per cent…

Business & Economy

China’s second-quarter growth slumps to 27 year low

By Gaurav Sharma Beijing:  The Chinese economy grew at the slowest pace in 27 years in the second quarter of 2019 as the country logged a growth of 6.2 per cent, the National Bureau of…

Business & Economy

As India-US teams meet to resolve trade bumps, Apple gets a big boost

July 12, 2019 New Delhi:  Even as India and the US were engaged in hectic talks to smooth over ruffled trade ties, in the backdrop of US President Donald Trump’s warning India that high tariffs…

Budget impact: FIIs sell nearly Rs 3,000 cr in 6 sessions

July 12, 2019 Mumbai:  Foreign Institutional Investors (FIIs) have pulled out nearly Rs 3,000 crore after the Budget proposed a higher surcharge on the super-rich impacting most FPIs. In just 6 sessions since the Union…

Business & Economy

Sitharaman rebuts Chidambaram point-by-point, reiterates budget figures realistic

July 12, 2019 New Delhi:  Giving point-by-point rebuttal to senior Congress leader P. Chidambaram, Union Finance Minister Nirmala Sitharaman on Friday said in the Rajya Sabha that all revenue targets in the budget is realistic…

Business & Economy

Boeing 737 delivery registers drastic fall in Q2 2019

July 10, 2019 San Francisco:  US top aircraft manufacturer Boeing Company said Tuesday it delivered 24 737 commercial airplanes in the second quarter of 2019, a drastic fall of about 73 per cent from the…

Business & Economy

Budget extends tax on NRIs for receiving gifts from resident Indians

July 9, 2019 New Delhi:  The expensive gift that you kept for your overseas cousin or friend may attract tax from this year with the Budget 2019-20 proposing to impose withholding tax all such transfers,…

No clarification over FPI surcharge needed at present: Sitharaman

July 8, 2019 New Delhi:  Finance Minister Nirmala Sitharaman on Monday said there is no need of any clarification at the moment on the additional tax burden that could apply to foreign portfolio investors (FPI),…

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