Business news

Union Budget: How Much do You Have to Pay as Tax?

It is now the time for you to sit down and calculate how much you need to pay as tax from your annual income.

Jul 10, 2014

A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai (Reuters)

Union Budget – Did it Meet Expectations?

A comparison between expectations from the Union Budget and the reality as presented today.

Jul 10, 2014

How Rail budget affected Indian Stock market over the years? (Timeline)

Similar to Union budget, Indian railway budget disclosure too has had a positive or negative repercussion on Indian Stock market in the past.

Jul 10, 2014

Jaitley arrives at the parliament to present budget of 2014

Union Budget Highlights: Marginal Tax Relief, More IITs, IIMs, 49% FDI in Defence, Focus on Women and Youth

Here is a look at the main areas of focus in the Budget.

Jul 10, 2014

How Union Budget Affected Sensex, Nifty Over the Years? (Timeline)

In the past, the announcement of the Indian budget has had either positive or negative repercussions on Indian Stock market.

Jul 10, 2014

Modi pays tributes to Syam Prasad Mookherjee

Union Budget: What to Watch Out For

With just a couple of hours left before Finance Minister Arun Jaitley steps up in Parliament to lay down the future course for India's economy, expectations and apprehensions are high.

Jul 10, 2014

Union Budget Live Blog: Tax Exemption Up by ₹50,000, Cigarettes, Colas Costlier; Jaitley Says Budget Meant to Revive Economy

The Modi government will present it's first Union Budget today amid high expectations to bring down inflation, improve growth and create jobs.

Jul 10, 2014

SpiceJet Tickets Offered at Discounted Price of ₹999; Lower than Train Fares

SpiceJet has lowered its ticket fare to ₹999 to travel various domestic routes.

Jul 9, 2014

BSE Opens higher but Closes Red; Nifty Records 2-week Closing Low

the Indian rupee ended steady at 59.75 a dollar versus its previous closing at 59.78 a dollar on Tuesday.

Jul 9, 2014

BSE closes points 137.30 down on July 9

New Delhi, July 09 (ANI): Trading at the Bombay Stock Exchange today closed 137.30 points down to stand at 25,444.81. At the National Stock Exchange the Nifty closed 38.20 points down to stand at 7,585.00. Indian Oil Corporation and Adani Ports were among the top gainers of Group A with an increase of 3.35% and 2.67% along with HPCL and TITAN with an increase of 2.38% and 2.18% respectively, while the top losers of Group A include Bharat Electronics Ltd. and Apollo Tyres with a decrease of 7.81% and 7.67% along with Aurobindo Pharma and Ashok Leyland with a decrease of 6.93% and 6.11% at the close of the markets. The Auto sector is down 385.13 points at 15,452.99 while the banking sector is down 86.16 points at 17,108.97 and the realty sector is down 31.04 points at 1,914.69. The Indian currency is 0.08% down at Rs 59.73 per dollar.

Jul 9, 2014

What the Economic Survey Tells Us to Expect From the Union Budget

While expectations have been building around the budget, the Economic Survey gave an insight on whether they would be met or not.

Jul 9, 2014

French Retail Giant Carrefour to Exit India

France's largest, and the world's second-largest retailer, by sales, has announced its plan to exit the Indian market.

Jul 9, 2014

Indian Stocks Record Biggest Single-Day Fall Since September 2013; Majority of Rail Stocks Plunge

BSE and NSE indices recorded their biggest single day fall in over 10 months.

Jul 8, 2014

BSE closes points 517.97 down on July 8

New Delhi, July 08 (ANI): Trading at the Bombay Stock Exchange today closed 517.97 points down to stand at 25,582.11. At the National Stock Exchange the Nifty closed 163.95 points down to stand at 7,623.20. MCX and Berger Paints were among the top gainers of Group A with an increase of 4.36% and 2.66% along with Bajaj Holdings and Cadila Health with an increase of 2.34% and 1.63% respectively, while the top losers of Group A include Unitech and Jaiprakash Associates Ltd. with a decrease of 12.54% and 9.82% along with IFCI and MMTC with a decrease of 9.47% and 9.30% at the close of the markets. The Auto sector is down 367.98 points at 15,838.12 while the banking sector is down 413.67 points at 17,195.13 and the realty sector is down 150.04 points at 1,945.73. The Indian currency is 0.28% down at Rs 59.84 per dollar.

Jul 8, 2014

Will Gowda's Budget Help Improve Freight, Passenger Traffic?

The Union Railways Ministry has increased the freight charges, which slumped down to 36 percent, with an additional passenger traffic of just 12.9 percent, to bring the Indian Railways back on track.

Jul 8, 2014