Following positive budgetary announcements with a focus on rural and infrastructure spending, the key Indian equity market indices opened higher on Thursday. The Sensitive Index (Sensex) of the BSE, which had closed at 28,141.64 points on Wednesday, opened higher at 28,167.83 points. Minutes into trading, it was quoting at 28,115.65 points, down by 25.99 points, […]
The death toll in a building collapse here in Uttar Pradesh rose to seven on Thursday, with three more labourers succumbing to their injuries, a police official said. Eight persons trapped in the debris of the six-storey under-construction apartment building, owned by SP leader Mehtaab Aalam, were also rescued, the police official said. Deputy Inspector […]
Iranian president said that the United States’ temporary ban against citizens of seven Muslim-majority countries is due to new president being a “newcomer” in the world of politics. Addressing a ceremony in Tehran on Wednesday on Space Technology Day in Iran, Hassan Rouhani said that revoking visas to other nationalities is what novice politicians do, […]
The Economic Survey 2016-17 tabled in Parliament on Tuesday by Union Finance Minister Arun Jaitley revealed a robust growth trend in corporate sector’s net profits during the second quarter (Q2) of 2016-17. According to the survey, the performance of corporate sector (Reserve Bank of India, January 2017) highlighted that the growth in sales stood at […]
The last rites of murdered Infosys techie Rasila Raju were conducted at her home town near here on Tuesday afternoon. Hundreds of locals turned up for Raju’s funeral in Kuruvattur as her body arrived from Mumbai earlier in the day. Her family had plans of getting her marriage fixed. Leader of opposition Ramesh Chennithala, who […]
The Supreme Court on Tuesday refused to stay the Tamil Nadu government amendment permitting Jallikattu and told the state government that it was its primary responsibility to maintain law and order. Issuing notice on a plea seeking stay on the amendment permitting the popular bull-taming sport, the bench comprising Justice Dipak Misra and Justice Rohinton […]
The Economic Survey 2016-17 tabled in Parliament on Tuesday by Union Finance Minister Arun Jaitley showed that foreign equity inflows during the first six months of 2016-17 fiscal grew by 30.72 per cent. “During April-September 2016-17, FDI (foreign direct investment) equity inflows were $21.7 billion as compared to total FDI inflows of $16.6 billion during […]
A day after Vodafone confirmed that it is in talks with the Aditya Birla Group for the merger of its Indian entity and Idea Cellular, the country’s largest telecom player Bharti Airtel on Tuesday welcomed the move, but said such consolidations should not be an outcome of a forced situation. “We welcome the news of […]
A day ahead of the tabling of India’s budget for next fiscal, the latest edition of Economic Survey has called for lowering tax rates and stamp duties, quick adoption of goods and services tax and a check on over-zealous tax administration to restore higher growth. The survey also advocated a Universal Basic Income (UBI) scheme […]
Union Minister of State for Social Justice and Empowerment Ramdas Athawale on Sunday said the reservations for Scheduled Castes (SCs) and Scheduled Tribes (STs) will continue as long as there is casteism. Stating that the SCs and STs continue to face discrimination, he said to do away with caste-based reservation, the society will have to […]