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Standing Committee on Finance to discuss big tech firms' practices Thursday
The panel, headed by former minister of state for finance Jayant Sinha, will also hear the views of the Confederation of All India Traders (CAIT) on the subject
5G services likely in 50 top cities by March 2023, say telecom gear makers
According to the gear makers, on an average, the first phase will require about 1,000 towers in each city to be enabled with 5G gear. (Delhi alone will need 4,000 towers)
Centre looks to ensure easy credit from banks to cooperatives sugar mills
With cooperative sugar mills complaining of difficulty in accessing loans from banks due to a plethora of conditions, FM Sitharaman held a high-level meeting with senior officials to iron out glitches
IPL: LSG pull-off last ball thriller after de Kock's sensational hundred
De Kock gave a batting masterclass enroute to an unbeaten 140 off 70 balls as he and Rahul (68 not out off 51) fired LSG to 210 for no loss, the highest opening stand in IPL history.
Bharti Airtel trades weak despite strong Q4; down 5% from intra-day high
In the past one week, Airtel has underperformed the market by falling 4 per cent, as compared to 0.28 per cent rise in the Sensex.
ITC PAT up 11.6% in Q4 at Rs 4,259.68 cr, beats analysts' estimates
Cigarettes business recovers with volumes surpassing pre-pandemic levels, says company.
Govt sets May 22 as appointed date for unification of 3 Delhi civic bodies
The legislation was approved by Lok Sabha on March 30 and by Rajya Sabha on April 5
Nasdaq, S&P 500 drop 3% as growth stocks' rally wanes; Target slumps
The Nasdaq 100 fell the most among major benchmarks as growth-related tech stocks sank. Megacaps Apple Inc., Microsoft Corp. and Amazon.com Inc. fell more than 3%
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Preferred 50 bps rate hike in May, not clear why most in panel sought 40: MPC’s Varma
“The majority of the MPC is in favour of 40 basis points for reasons which are not very clear to me. Whatever symbolic or psychological benefit there may be from keeping the hike below 50 basis points is outweighed by the simplici
Should you invest in MCX despite drop in Q4 profit? Here's what analysts say
Decline in future turnover is being replaced by strong traction in options, they said, adding that nonlinear growth in option volume may aid business and earnings growth. On Monday, the scrip rose 5.45 per cent to hit a high of Rs
Ukraine war has altered inflation dynamics, needed to hike rates swiftly: MPC minutes
As predicted by the head of the RBI, the Consumer Price Index-based inflation print for April was indeed elevated – jumping to an eight-year high of 7.79 per cent. As such, the MPC is widely expected to further raise the repo rate
Will Praj retain its multibagger stock status when EVs rule the roost?
The stock has rallied over 5x in the past 1.5 years due to the decision taken by the government to reschedule the target of 20% blending programme to an earlier deadline of 2025.
Up 600% since April 2020! Can this Dolly Khanna stock give more upside?
Analysts said margins for the quarter fell mainly due to higher freight costs as they offered a favorable view on the stock with price targets in Rs 750-916 range, suggesting a 6-29 per cent potential upside on the counter. Sharda
Ruchi Soya jumps 8% after name change, Patanjali Ayurved agreement
As of March 31, Patanjai Ayurved held a 39.37 per cent stake in Ruchi Soya. Acharya Balkrishna, one of the promoters and chairman of Ruchi Soya, holds 98.5 per cent of the paid up equity share capital of Patanjali Ayurved.
Public sector entities get power to close, divest units
The cabinet also delegated additional powers to the alternative mechanism to accord 'in principle' approval for disinvestment and minority stake sale in Maharatna PSUs. The decision is aimed at reforming the functioning of PSEs, a
Non-ITR filers will face higher TDS
According to the circular, if the ITR was not filed for the relevant previous fiscal year and the aggregate TDS and tax collected at source exceeded Rs 50,000 that year, it would attract a high TDS.
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India getting back to age of controlling one-fourth of global economy: Karan Adani
‘The country needs to needs to tap rural India’s potential,’ says the Adani Ports CEO.
‘PE/VC investments in April 2022 declined 27% to $5.5 bn’
Venture capital investments in start-ups also declined 50% y-o-y in April to $1.6 billion in 82 deals: IVCA-EY report
Amazon invested more than $18 bn in innovation on behalf of selling partners globally since 2020
Hired more than 500,000 across fulfilment and transportation networks since the pandemic: Clark
BPCL privatisation said to stall as bidders walkout
‘Lack of clarity in fuel pricing is a deal-breaker’
Frontloading of rate increases needed to anchor inflation: MPC
RBI panel’s Varma sees need for more than 100 bps rate increases ‘very soon’
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Preferred 50 bps rate hike in May, not clear why most in panel sought 40: MPC’s Varma
“The majority of the MPC is in favour of 40 basis points for reasons which are not very clear to me. Whatever symbolic or psychological benefit there may be from keeping the hike below 50 basis points is outweighed by the simplici
Should you invest in MCX despite drop in Q4 profit? Here's what analysts say
Decline in future turnover is being replaced by strong traction in options, they said, adding that nonlinear growth in option volume may aid business and earnings growth. On Monday, the scrip rose 5.45 per cent to hit a high of Rs
Ukraine war has altered inflation dynamics, needed to hike rates swiftly: MPC minutes
As predicted by the head of the RBI, the Consumer Price Index-based inflation print for April was indeed elevated – jumping to an eight-year high of 7.79 per cent. As such, the MPC is widely expected to further raise the repo rate
Will Praj retain its multibagger stock status when EVs rule the roost?
The stock has rallied over 5x in the past 1.5 years due to the decision taken by the government to reschedule the target of 20% blending programme to an earlier deadline of 2025.
Up 600% since April 2020! Can this Dolly Khanna stock give more upside?
Analysts said margins for the quarter fell mainly due to higher freight costs as they offered a favorable view on the stock with price targets in Rs 750-916 range, suggesting a 6-29 per cent potential upside on the counter. Sharda
Ruchi Soya jumps 8% after name change, Patanjali Ayurved agreement
As of March 31, Patanjai Ayurved held a 39.37 per cent stake in Ruchi Soya. Acharya Balkrishna, one of the promoters and chairman of Ruchi Soya, holds 98.5 per cent of the paid up equity share capital of Patanjali Ayurved.
Public sector entities get power to close, divest units
The cabinet also delegated additional powers to the alternative mechanism to accord 'in principle' approval for disinvestment and minority stake sale in Maharatna PSUs. The decision is aimed at reforming the functioning of PSEs, a
Non-ITR filers will face higher TDS
According to the circular, if the ITR was not filed for the relevant previous fiscal year and the aggregate TDS and tax collected at source exceeded Rs 50,000 that year, it would attract a high TDS.
1111
  Home Page Show All 
Standing Committee on Finance to discuss big tech firms' practices Thursday
The panel, headed by former minister of state for finance Jayant Sinha, will also hear the views of the Confederation of All India Traders (CAIT) on the subject
5G services likely in 50 top cities by March 2023, say telecom gear makers
According to the gear makers, on an average, the first phase will require about 1,000 towers in each city to be enabled with 5G gear. (Delhi alone will need 4,000 towers)
Centre looks to ensure easy credit from banks to cooperatives sugar mills
With cooperative sugar mills complaining of difficulty in accessing loans from banks due to a plethora of conditions, FM Sitharaman held a high-level meeting with senior officials to iron out glitches
IPL: LSG pull-off last ball thriller after de Kock's sensational hundred
De Kock gave a batting masterclass enroute to an unbeaten 140 off 70 balls as he and Rahul (68 not out off 51) fired LSG to 210 for no loss, the highest opening stand in IPL history.
Bharti Airtel trades weak despite strong Q4; down 5% from intra-day high
In the past one week, Airtel has underperformed the market by falling 4 per cent, as compared to 0.28 per cent rise in the Sensex.
ITC PAT up 11.6% in Q4 at Rs 4,259.68 cr, beats analysts' estimates
Cigarettes business recovers with volumes surpassing pre-pandemic levels, says company.
Govt sets May 22 as appointed date for unification of 3 Delhi civic bodies
The legislation was approved by Lok Sabha on March 30 and by Rajya Sabha on April 5
Nasdaq, S&P 500 drop 3% as growth stocks' rally wanes; Target slumps
The Nasdaq 100 fell the most among major benchmarks as growth-related tech stocks sank. Megacaps Apple Inc., Microsoft Corp. and Amazon.com Inc. fell more than 3%


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