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Sensex Jumps 738 Points, Nifty Above 7,200 In Afternoon Trade

The Sensex rallied over 738 points to trade at 23,740.03 in late afternoon deals on across-the-board value-buying by participants amid hopes of a rate cut by the Reserve Bank

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Budget 2016 | PPF Remains Tax Exempt; EPF Interest Post April 1 To Be Taxed

Clearing the air on taxing provident fund withdrawals, the government on Tuesday said PPF withdrawals will continue to be fully exempt from tax and only interest accruing after April 1 on 60 per cent of the contributions made to Employee PF will be taxed

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China Aims To Lay Off 5-6 Million State Workers

Beijing is trying to rejuvenate its flagging economy by streamlining bloated industrial sectors, starting with coal and steel, but layoffs have emerged as one of the biggest concerns

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Kapoor Joins Vistara As Chief Strategy And Commercial Officer

Kapoor succeeds Giam Ming Toh, who is returning to Singapore Airlines on completion of his deputation with Vistara

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Budget 2016 Mixed Bag For Indian Automobile Industry: SIAM

Introduction of service tax on passenger transport will have a dampening effect, says Society of Indian Automobile Manufacturers

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How Was Budget 2016? Post-Budget Reactions From Industry Leaders

Jaitley's third budget marked a strategic shift by addressing rural distress in a country of 1.3 billion, where two-fifths of families rely on farming and are reeling from two years of drought

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India's January Gold Imports Rise 62 Per Cent

India shipped in 93.3 tonnes of gold last month while overseas purchases of the metal surged 25 per cent to 904.2 tonnes, in the ten months to January

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Jewellers To Hold Strike In Protest Against Gold Tax

Jewellery sales in India have fallen in the last two months due to higher gold prices and as consumers delayed purchases hoping for a cut in import duty

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Record Farm Funding, Up 84%; Crises Also Record-Breaking

Jaitley’s budget has nine pillars: Agriculture, rural development, health, education and jobs, infrastructure, financial reforms, governance and ease of doing business, prudent fiscal management, and tax-administration reforms.

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Sensex Rebounds Over 436 Points On Rate Cut Hopes

The Sensex bounced back by over 436 points on Tuesday, bolstered by renewed hopes of a rate cut by the Reserve Bank amid positive Asian cues.

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