LIC’s trading profit rises 24% to Rs 13,500 cr in April-Sept as markets scale new heights

Mumbai: Life Insurance Corp of India (LIC), the country’s largest institutional investor, has booked a trading profit of at least Rs 13,500 crore from the sale of equity holdings in the first half of the current financial year, as stocks scaled record highs. The figure marked a 23.8% increase over.


Market finds little comfort in S&P action, but ends higher

Mumbai: The Sensex scrambled for ways on Monday, but closed above the base line for the eighth straight.


GST collections dip in October to Rs 83,346 crore

New Delhi: GST collections slipped almost 10 per cent to Rs 83,346 crore in October as tax rates on several.


FIR registered against Flipkart founders for alleged cheating

Bengaluru: An FIR has been lodged against e-commerce giant Flipkart’s founders and a few other company.


S&P keeps India ratings unchanged, in contrast to Moody’s

New Delhi: Standard & Poor’s today kept its sovereign rating for India unchanged at ‘BBB-minus’.


Any wrongdoing should be punished, be it banks or businessmen:...

Livemin: Banks are improving their risk assessment systems with lessons learned from failed projects.


Bharti family pledges Rs 7,000 cr to philanthropy

New Delhi: Telecom czar Sunil Mittal on Thursday said the Bharti family has pledged 10% of their wealth.


More incentives for MSMEs complying with GST norms

New Delhi: The finance ministry is considering introducing more incentives for micro, small and medium.


No proposal to withdraw cheque book facility, clarifies finance ministry

New Delhi: The finance ministry on Thursday said there is no proposal to withdraw the bank cheque book.


India passing through fast formalisation of economy, says Arun Jaitley

New Delhi: Finance minister Arun Jaitley on Friday said India is at present passing through a stage that.