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BusinessToday.In
New Delhi, May 27, 2020
Indian states have been wanting to lift ban on the sale of liquor since the implementation of lockdown in the country. The state governments have been running out of money to sustain their fight against novel coronavirus. The nationwide lockdown has dried up GST collection for states and strained their finances. Some states have even imposed higher taxes on alcohol to compensate for lack of income from other sources, amid lockdown. With 16 crore alcohol users in India, taxes on alcohol have always been a stable source of revenue for states. Watch the video for more.Also Read: Rising global crude price raises India's basket 93% to $33


Nevin John
New Delhi, May 27, 2020
The price of Indian basket, which went down to $16.92 a barrel on April 27, surged by 93 per cent since then to $32.63


PTI
May 27, 2020
The rupee opened weak at 75.72 at the interbank forex market and then fell further to 75.74, down 8 paise over its last close


Aprajita Sharma
New Delhi, May 27, 2020
The disruption across sectors demands a review of your equity mutual fund schemes


PB Jayakumar
New Delhi, May 27, 2020
India needs to move towards real market pricing to build a future-ready electricity ecosystem


Rupa Burman Roy
May 26, 2020
Metal stocks such as JSW Steel, Jindal Steel, Tata Steel and Hindalco rallied today with more countries easing restrictions post the coronavirus lockdown, although gains were kept under check amid rising trade tensions between US and China


PTI
May 26, 2020
Forex market was closed on Monday for Id-Ul-Fitr. On Friday, rupee had settled at 75.95 against the US dollar


BusinessToday.In
May 26, 2020
Stock Market LIVE Updates: ITC, IndusInd Bank, HDFC Bank, Tata Steel, Titan, UltraTech Cement and L&T were among the top gainers on BSE Sensex pack. On the other hand, Bharti Airtel, TCS, Hero MotoCorp and Infosys were among the top laggards


PTI
New Delhi, May 24, 2020
Haldia Development Authority CEO Hari Shankar said water is supplied from a treatment plant at Geonkhali that produces 27 million gallon daily, and 85 per cent of which is consumed by the industries


Aprajita Sharma
New Delhi, May 24, 2020
A balance sheet recession happens when highly indebted companies collectively focus on reducing debt instead of growth, causing rut in the economy


PTI
May 24, 2020
Natural gas output from Dhirubhai-1 and 3 gas fields in the KG-D6 block in the Bay of Bengal started to lag company projections from the second year of production itself in 2010 and the field ceased to produce in February this year much ahead of its projected life


BusinessToday.In
May 23, 2020
Coronavirus (COVID-19) Highlights: Sikkim, the only state in India to be coronavirus-free up until now, has reported its first COVID-19 confirmed case on Saturday


Aseem Thapliyal
May 22, 2020
The top four drags on the Nifty 50 were banks or finance companies. The nation's top mortgage lender HDFC Ltd fell 5.1% to Rs 1,515 compared to previous close of Rs 1,597.30


Mudit Kapoor | Mohsin Shaikh
May 22, 2020
Most cash-starved companies are forced to cut jobs as coronavirus lockdown has  brought the economy to a complete standstill


PTI
May 22, 2020
The government has in its economic stimulus package provided for 5 kg of foodgrain and Rs 500 per month for three months to poor women having Jan Dhan accounts


Rupa Burman Roy
May 21, 2020
Overseas, the market turned volatile by the afternoon session as investors fretted over concerns of the long-term impact of COVID-19 and worsening China-US relations kept investors on edge


PTI
May 21, 2020
Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit


BusinessToday.In
May 21, 2020
Stock Market LIVE Updates: Companies set to announce their earnings are Hindustan Zinc, Birla Corporation, Bajaj Holdings, Bajaj Finance, Hawkin Cookers, Aptech, Colgate-Palmolive, Tata Metaliks, VST Industries, Quick Heal, Jubilant Industries among others


Manu Kaushik
May 20, 2020
Reliance Industries has been raking in large deals when corporations are struggling to survive - all with a bigger plan in mind, which can even propel Mukesh Ambani into the trillionaire club


Rupa Burman Roy
May 20, 2020
Tracking gains in index-heavyweights, markets rose today amid volatility in global indices. All sectors closed in green territory with buying sentiment in banking, financials and pharma stocks


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