Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs 94,726 crore in December from Rs 97,637 crore collected in November despite a rise in the number of tax returns filed. The Finance Ministry on Tuesday said a total of 72.44 lakh GSTR-3B returns were ...
US stocks ended higher, wrapping up a pathetic 2018 amid the largest yearly fall over the past decade, although investors regained some optimism over the prospect of global trade in the year ahead. Following solid gains throughout the day, the Dow Jones Industrial Average rose 265.06 points, or 1.15 percent, to 23327.46 on Monday. The S&P 500 was up 21....
Oil prices advanced amid positive signs of global trade prospects. The West Texas Intermediate for February delivery gained 0.08 US dollar to settle at 45.41 dollars a barrel on the New York Mercantile Exchange on Monday, while Brent crude for March delivery increased 0.59 dollar to close at 53.80 ...
An unfavourable base effect and a contraction in refinery products, coal and cement production decelerated India's eight major industries' output in November to 3.5 per cent, official data showed on Monday. According to the Ministry of Commerce and Industry, the Index of Eight Core ...
Lending major Axis Bank's Managing Director and CEO Shikha Sharma retired on Monday. She will be succeeded by Amitabh Chaudhry, effective January 1, 2019. "We wish to inform you that Smt. Shikha Sharma, Managing Director and CEO of Axis Bank Ltd has retired from the services of the bank and has accordingly...
Reversing the monthly trend, Japanese global car maker's joint venture (JV) Toyota Kirloskar Motor (TKM) on Monday said its domestic sales grew 10 per cent in December over the same period year ago and from a 15 per cent decline in November....
Key Indian equity indices opened flat on Tuesday as index pivotals -- finance and banking stocks -- witnessed selling pressure. However, oil and gas sector gained. The S&P BSE Sensex opened at 36,161.80 from its previous close of 36,068.33 on ...
The last session of 2018's trade ended on a flat note with the Sensex declining 8 points and the Nifty adding just 2 points to its previous close. The indices however were in the green for the most part of Monday's trade session but were dragged by weakness in key stocks of sectors like realty, oil...
Leading private insurer SBI Life Insurance on Monday said it has signed a 'bancassurance' pact, with state-run Allahabad Bank to offer a financial planning solution to consumers. One of the largest bancassurance partnerships in the country will see 3,238 ...
Tens of thousands of holidaymakers on Monday gathered across resorts in Himachal Pradesh to bid goodbye to 2018. Seeing the tourist rush, the police advised the revellers to start leaving the Ridge, the most famous promenade in Shimla, as the clocks strike midnight....
