1. Business & Economy

Business & Economy

RS passes resolution slapping 200% duty on Pakistani goods

july 8, 2019 New Delhi:The Rajya Sabha on Monday passed a statutory resolution for levying 200 per cent duty on all goods exported from Pakistan. The Upper House also adopted the move to increase basic…

PNB tanks by 10% after another fraud case

July 8, 2019 Mumbai:  Two days after the Punjab National Bank (PNB) said that it had been defrauded by Bhushan Power & Steel Ltd. (BPSL) to the tune of Rs 3,805.15 crore, its scrip fell…

Business & Economy

5% duty on imported books: Worried publishers to meet HRD officials

July 7, 2019 New Delhi:  Upset over the five per cent customs duty proposed on imported books, an association of Indian publishers and book sellers is planning to meet government officials to highlight their problem…

By Shivaji Sarkar

Budget 2019: Swadeshi savings to fund Govt

  By Shivaji Sarkar New Delhi: The Modi-led NDA-II’s budget has changed the focus to peg India’s finances on village and farms, clearly a visible shift from the Nehruvian economy of promoting large public sector…

NBFC crisis has peaked but not ended: Finance Minister

By Anjana Das Juyly 6, 2019 New Delhi:  Finance Minister Nirmala Sitharaman on Saturday said the non-banking finance company (NBFC) sector crisis has plateaued but not ended yet and her ministry will monitor the emerging…

Business & Economy

Budget 2019: Brace for 20 to 40bps slippage in fiscal deficit

July 6, 2019 New Delhi: Agriculture, rural development and investments remained the focus for the government’s full Union budget for FY20. The government has conservatively cut down net tax revenue estimates by 3.7 per cent…

US dollar rises against most major currencies

July 5, 2019 New York:  The US dollar rose against most major currencies as the economic data came out better than expected. In late New York trading on Friday, the euro fell to $1.1221 from…

Business & Economy

Rupee ends higher after Union Budget

July 5, 2019 New Delhi,: Contrary to the equity markets, the Indian rupee gained against the US dollar on Friday after the presentation of the Union Budget as fiscal deficit and gross borrowings were in…

Business & Economy

Union Budget 2019-20: Major takeaways, announcements

July 5, 2019 New Delhi: The Union Budget 2019-20 presented by Finance Minister Nirmala Sitharaman on Friday, had major announcements across various sectors. Here are a few major takeaways from the Union Budget. – Tax…

Business & Economy

‘Bahikhaata’ budget angers middle class on social media

July 5, 2019 New Delhi: The moment after the “bahikhaata” Union Budget was presented on Friday, people took to social media platforms that erupted with angry and perplexed reactions. “Your folder is sanskaari, symbolising ‘departure…

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