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President Kovind addresses Joint session of new Parliament: outlines govt's vision of strong & inclusive India            Both Houses adjourned for the day after tabling copy of President's speech            AN-32 crash: Mortal remains of all 13 people recovered from accident site in Arunachal Pradesh            Stage set for International Yoga Day celebrations tomorrow: PM to lead main function at Ranchi            ICC World Cup: Defending champions Australia to take on Bangladesh           

Business News

Introduction of manual checks in IGST refunds aimed to prevent unscrupulous exporters from defrauding exchequer: CBIC

Introduction of manual checks in IGST refunds aimed to prevent unscrupulous exporters from defrauding exchequer: CBIC
The Centre has assured all genuine exporters that they would continue to get their Integrated Goods and Service Tax (IGST) refunds in a timely manner in a fully automated environment.

Sensex climbs over 124 points to trade at 39,237

Sensex climbs over 124 points to trade at 39,237
The Sensex at the Bombay Stock Exchange climbed over 124 points to trade at 39,237, a short while ago.

SEBI permits stock exchanges to introduce futures on commodity indices

SEBI permits stock exchanges to introduce futures on commodity indices
Capital markets regulator SEBI today permitted stock exchanges with commodity derivative segment to introduce futures on indices.

Oil prices fell for second day

Oil prices fell for second day
Oil prices today fell for second day on signs that global economic growth is being hit by the U.S.-China trade war, though losses were capped by Middle East tensions after last week’s tanker attacks.

India can boost exports of 350 products to US, China amid trade war: Study

India can boost exports of 350 products to US, China amid trade war: Study
A study by the Commerce Ministry has said, the ongoing trade war between the US and China offers an opportunity to India for boosting exports of as many 350 products such as chemicals and granite to these countries.

FPIs remain net buyers in June, invest 11,132 crore rupees

FPIs remain net buyers in June, invest 11,132 crore rupees
Foreign investors remained net buyers in the domestic capital markets in June, pouring in a total of 11,132 crore rupees on a net basis this month so far.

Exports up 3.93% in May; trade deficit widens to 15.36 bn dollars

Exports up 3.93% in May; trade deficit widens to 15.36 bn dollars
India's exports grew by 3.93 per cent to around 30 billion dollars in May on account of healthy growth in sectors such as chemicals, pharmaceuticals and engineering.

FDI flows to India grew 6% in 2018 to 42 billion: UN report

FDI flows to India grew 6% in 2018 to 42 billion: UN report
A UN report said, Foreign Direct Investment to India grew by 6 percent to 42 billion dollars in 2018, with strong inflows in the manufacturing, communication and financial services sectors, and cross-border merger and acquisition activities.

Sensex drops 186 points to trade at 39,571; Nifty to trade at 11,851

Sensex drops 186 points to trade at 39,571; Nifty to trade at 11,851
At the stock markets, the Sensex at the Bombay Stock Exchange dropped 186 points, or 0.5 per cent, to trade at 39,571, a short while ago.

Sensex falls 194 points to end at 39,757

Sensex falls 194 points to end at 39,757
Domestic stocks today declined around half a per cent amid negative global cues.

RBI constitutes committee to review ATM pricing

RBI constitutes committee to review ATM pricing
The Reserve Bank of India has constituted a six-member committee to review the entire gamut of ATM charges and fees.

RBI waives off charges for transactions using NEFT, RTGS

RBI waives off charges for transactions using NEFT, RTGS
With an aim to encourage digital transfer of funds, the Reserve Bank has waived off all charges for transactions using National Electronic Funds Transfer - NEFT and Real Time Gross Settlement - RTGS systems.
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