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Mudit Kapoor
New Delhi, September 18, 2018
Modi government has targeted to double farmer's income by 2022. This seems a mammoth task as the farmer's real income needs to grow at a CAGR of 10.4 per cent to meet the government's target.


BusinessToday.In
September 18, 2018
The rupee fell 46 paise to close at 72.97 level, its lowest ever against the US dollar in trade today which dampened market sentiment. The Indian currency had closed at 72.51 to the dollar on Monday. Led by the sharp fall in stocks, the market capitalisation (m-cap) of BSE-listed companies plunged by Rs 2,72,549.15 crore to Rs 1,53,64,470 crore since Friday.


BusinessToday.In
September 18, 2018
The stock closed 17.04% or 23 points lower on the NSE.  On the BSE, the stock closed 16.03%  or 21 points lower at 113 level. The market capitalisation of the stock fell by Rs 5,727 crore to Rs 30,013 crore on the BSE.


BusinessToday.In
September 17, 2018
The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 567.15 level on BSE today. The stock of sugar manufacturer Bajaj Hindusthan Sugar rose up to 19.95% to 10.22 level on the BSE.


BusinessToday.In
New Delhi, September 17, 2018
The decision was taken after drug makers filed a petition, saying that these drugs were being manufactured since 1988. They cited the SC's earlier relief to 15 manufacturers on the bases of the similar grounds, saying that they should also be exempted from the ban.


PTI
September 16, 2018
Besides, plans are on the anvil for selling the headquarter building of Air India in the national capital as well as various other land assets and buildings of the airline in different parts of the country.


PTI
September 16, 2018
Besides, plans are on the anvil for selling the headquarter building of Air India in the national capital as well as various other land assets and buildings of the airline in different parts of the country.


PTI
September 16, 2018
The Reserve Bank of India has refused to be part of a high-level committee headed by the Cabinet Secretary which was constituted to resolve stress in the power sector as it is not willing to relax norms to deal with bad loans.


PTI
September 16, 2018
The government is determined to keep fiscal deficit at 3.3 per cent of GDP on the back of buoyant tax revenues and expectations of surpassing the disinvestment target.


Prosenjit Datta
New Delhi, September 14, 2018
Mallya kept borrowing more and more to keep KFA flying - putting up his shares and other assets as collateral to keep getting loans from banks.


PTI
September 14, 2018
All sectoral indices ended in the green, led by realty, power, consumer durables and metals. Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the domestic unit.


BusinessToday.In
September 14, 2018
Benchmark Sensex rose around 373 points to reclaim the 38,000-mark as better-than-expected macro data and further recovery in the rupee triggered widespread buying. The NSE Nifty too breached the 11,500-level with a rise of 145 points. All sectoral indices ended in the green, led by realty, power, consumer durables and metals.Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the Indian currency.The...


BusinessToday.In
September 14, 2018
The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 472.65 level on BSE today. On Wednesday, the stock closed 6.47 per cent higher at Rs 393.90 on the BSE.


BusinessToday.In
New Delhi, September 14, 2018
A litre of petrol is being sold for Rs 84.49 in Chennai, while it is Rs 83.14 in Kolkata. Diesel is being sold at Rs 77.49 in Chennai and Rs 75.36 in Kolkata.


E Kumar Sharma
New Delhi, September 13, 2018
As the industry is trying to digest the development, not totally unexpected though, there are fresh concerns on what could come next as the ministry-appointed Prof Kokate Expert committee had discussed banning many more FDC drugs.


BusinessToday.In
New Delhi, September 13, 2018
The FDC medicines are two or more drugs contained in a single dosage form. The health ministry says it took the decision to ban these drugs after the Drugs Technical Advisory Board suggested these drugs might pose a risk to human beings.


BusinessToday.In
New Delhi, September 13, 2018
The proposals floated by the DoT reportedly include combining all telecom levies into one charge, on the lines of the GST that subsumed indirect taxes. Most of the disputes relate to multiple levies under different heads such as licence fees, spectrum usage charges and one-time spectrum fee


BusinessToday.In
New Delhi, September 13, 2018
Vouching for a level-playing field, PhonePe said all payments companies doing business in India must abide by the law of the land and protect our citizen's financial data and pay fair taxes on income earned in India.


PTI
New Delhi, September 13, 2018
The Cabinet has sanctioned Rs 15,053 crore to implement the PM-AASHA in the next two financial years, of which Rs 6,250 crore will be spent this year.


BusinessToday.In
New Delhi, September 13, 2018
While the government has refused to cut the high excise duty, some states like Rajasthan, Andhra Pradesh and West Bengal have cut VAT to pass on some relief to consumers.


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