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Industry lauds GST Council's move to slash tax rates for hotels

The GST Council on Friday approved the proposal to reduce tax rates on hotels, which had been a long standing demand of the industry.

Stocks in the news: ZEEL, IIFL Wealth, RNAM, Axis Bank, Nalco and Bharti Airtel

Reliance Capital said no pledged shares of RNAM have been invoked by any lender.

Share market update: Shree Rama News, Arambhan Hospitality among top losers on BSE

In the Nifty pack, 32 stocks were trading in the green, while 18 stocks were in the red.

Slashing corporate tax rate will awaken animal spirits in economy: India Inc

CII President Vikram Kirloskar said the cut in corporate tax from 30 per cent to 22 per cent without exemptions has been a long standing demand of industry and is an unprecedented and bold move by the government.

Stocks in the news: DHFL, Sunteck Realty, CG Power, Bajaj Finance and Coffee Day

Bajaj Finance said it will raise up to Rs 8,500 crore through qualified institutional placement.

Stocks in the news: Coffee Day, SBI, NBCC, CG Power, MMTC and STC

Private equity giant KKR India picked up 10 per cent stake in CG Power.

In relief for MSMEs, not 1 will be declared NPA till Mar 2020

The FM also said banks have been told not to declare any stressed loan account of MSMEs a non-performing asset until March 2020.

Stocks in the news: DLF, Andhra Bank, SBI, DHFL, PNB, Equitas Holdings Unitech

Warburg Pincus is likely to buy another 20.5 per cent stake in IndiaFirst Life Insurance.

Government has 'little space' for any fiscal booster: RBI Governor Shaktikanta Das

The RBI Governor said that there is little fiscal space for the government to unveil any countercyclical measures.

DPIIT notifies FDI relaxation norms in coal mining, contract manufacturing, single-brand retail

The DPIIT, under the commerce and industry ministry, deals with FDI-related issues. It notifies FDI-related government decisions through Press Notes.

Stocks in the news: SBI Life, Biocon, L&T, Dr Reddy's Labs and Manpasand Beverages

Power Grid said it has bagged an inter-state power transmission project under a tariff-based competitive bidding.

Jio adds 85.39 lakh users in July; Airtel, Voda Idea lose 60 lakh users combined: TRAI data

The overall telephone subscribers in India, mobile and landline combined, increased to 118.9 crore at the end of July, registering a monthly growth of 0.2 per cent.

Stocks in the news: SBI Life, Alkem Labs, RNAM, CG Power and Tata Motors

Cash-strapped CG Power has failed to raise working capital loans as banks are reluctant to lend.

Stocks in the news: Sun Pharma, DHFL, Equitas Holdings, SBI and Varun Beverages

RBI has taken action against Equitas Small Finance Bank for failing to meet deadline for getting shares listed.

Stocks in the news: YES Bank, Indiabulls Realty, ZEEL, CG Power and IndiGo

NTPC has been allocated Badam coal block in Jharkhand by Ministry of Coal.

After Market: Cigarette, paper counters rally; 35 stocks set to fall

BSE Midcap climbed 0.4 per cent and BSE Smallcap rose 0.3 per cent, outperforming Sensex.

Supreme Court responsible for current slowdown in India: Senior lawyer Harish Salve

Salve said the apex court knocked out billions of dollars of foreign investment with a stroke of the pen with its judgement on 2G and coal allocation cases.

Commodity outlook: How bullion, oil, base metals and agri commodities may trade today

A quick run through of the projections on various commodities by SMC Global Securities.

Stocks in the news: TechM, RIL, Bajaj Finance, Sun Pharma and DHFL

The NCLT has approved JSW Steel’s Rs 19,700 crore bid for debt-ridden steelmaker Bhushan Power and Steel.

Aye Finance raises debt funding worth Rs 80 crore

​​The MSME lender plans to utilise the latest infusion of funds for further growing its lending portfolio.

Stocks in the news: YES Bank, Lupin, Wipro, PNB Housing and Reliance Capital

Lupin has signed an agreement with Boehringer to develop a new drug for cancer patients.

Uttarakhand celebrities seek to revive Igaas Diwali

The natives of Uttarakhand now feel this Little Tradition should be revived as it is a part of their culture.

Amul India celebrates Doordarshan's 60 glorious years

Founded on September 15, 1959, Doordarshan revolutionized the television circuit in India and ensured a balance between information and entertainment.

Tech View: Indecisive Doji on Nifty chart, but bulls have an upper hand

At this juncture, the bulls appear to be in a slightly advantageous position than the bears.

'Pakistanis back Army to counter Indian aggression'

"Pakistan has an army of 220 million people, including the youth, students, labourers, farmers and others, who are at the back of their forces," the Minister said, according to Geo News.

No 56 can stop you: Karti to P Chidambaram on his 74th birthday

"We miss you, your absence tugs at our hearts, and we wish you were back home to cut a cake with all of us," Karti wrote.

Indrani Mukerjea dubs Chidambaram's arrest as 'good news'

Indrani Mukerjea and her husband Peter Mukerjea are former promoters of the INX Media Group.

Facebook global exec moots 'prospective' solution on WhatsApp issue; govt stands firm on traceability

The issue of traceability has been a flashpoint between the government and WhatsApp.

Domestic media welcomes FDI cap for digital news entities

Will ensure level playing field for Indian news sites with aggregators and other digital outlets: INS president.

A bunch of Indian stocks brace for hit from biggest jump in oil prices in 28 years

On Monday, Brent futures jumped nearly 19.5 % to trade at $71 a barrel in Asia.

Stocks in the news: BoB, HDIL, Aditya Birla Capital, Varun Beverages and MCX

The Union cabinet has approved a Rs 9,300 crore capital infusion in IDBI Bank.

Saudi drone strikes: No crude blow to India yet

Refiners see no threat to supply in short term, but prices may go up.

Stocks in the news: Titan, SBI, Maruti, CG Power, PNB, Biocon, JK Tyre and BHEL

Jet Airways, which is undergoing insolvency proceedings, failed to attract any new bidders.

Stocks in the news: DHFL, IPCA Labs, Jet Airways, HDFC and Alkem Labs

DHFL proposed a 35 per cent haircut to all lenders as part of its resolution plan.

Stocks in the news: HDFC, YES Bank, Gruh Finance, PNC Infratech, Hindalco and Adani Green

Infrastructure company PNC Infratech said it has bagged a Rs 1,062-crore highway project.

Some Indian online news outlets to get impacted due to 26% FDI in digital media

For example, Bengaluru-based subscription-driven digital publication The Ken has already raised more than 26 per cent FDI.

Falling consumption over last 12 months has shrunk power sector growth: Tata Power CMD

There is a contraction in demand and this needs to change over a period of time.

Bombay HC restrains Quantum Securities from making defamatory statements against NDTV: Filing

As per the filing, injunction orders were granted by the high court in favour of NDTV, its senior officials and founders during August 2013.

Stocks in the news: Lakshmi Vilas Bank, Nestle, YES Bank, Ramco Cement and L&T Finance

A unit of IIFL Wealth Management has agreed to acquire L&T Finance Holdings’ wealth management business.

Stocks in the news: Coffee Day, ITC, NDTV, YES Bank and LIC Housing

Morgan Stanley Mauritius Company sold 53.09 lakh shares of Reliance Naval.

Stocks in the news: YES Bank, Coffee Day, Tata Steel, DHFL and Talwalkars Better Value

PE firm TPG is in preliminary discussions on a possible acquisition of Coffee Day Global.

Too young to dye, but not to get caught

If he had acted ‘80-years-young’, not 32-years-too-old, he may have made it.

Stocks in the news: IndiGo, CG Power, Jet Airways, Infosys, DHFL and Dilip Buildcon

Housing financier DHFL said it has appointed KK Mankeshwar & Co as its statutory auditor.

Stocks in the news: DHFL, CCD, SBI, Parsvnath, Spandana Sphoorty and Sun Pharma

M&M has retrenched 1,500 temp workers since April and decided to defer 15-20% of investment plans.

Reliance MF sends notice to YES Bank’s Rana Kapoor on shortfall in collateral

The mutual fund estimated a mandatory top up of Rs 500 crore from the YES Bank promoter.

YES Bank rallies 15% as lender denies stake sale report

In a reply to BSE, the lender said the news report was speculative.

Market Movers: What changed for D-Street while you were sleeping

Asian investors broadly remain on the sidelines ahead of an expected rate cut from the US Fed.

BJP govt in UP constantly attacking journalists who seek answers: Priyanka

Taking to Twitter, Priyanka posted a media report on the recent arrests of journalists in UP.

Disappointed with government's measures to boost real estate: CREDAI

The Credai Chairman said the government should remove the unit price cap of Rs 45 lakh for availing the additional deduction of Rs 1.5 lakh on home loan interest.

How wheat can help in fight against ‘hidden hunger’

Fortified with zinc, iron the staple cereal can tackle issue of food lacking in nutrients, which causes stunting, wasting among children across india

Stocks in the news: Dr Reddy's Labs, HFCL, YES Bank, Oberoi Realty and Max Financial

Analjit Singh is in talks to sell a 10% stake in Max Financial Services.

Ajit Doval returns to Delhi after 11 days in Kashmir Valley

During his stay, the NSA took a round of Shopian, a district worst hit by terrorism, and met locals and security personnel.

Stocks in the news: Mahanagar Gas, DHFL, Sterling & Wilson Solar, ZEEL and KEC International

Subhash Chandra’s Essel Group will repay about Rs 2,600 crore to mutual funds.

Diljit Dosanjh postpones September show in Houston promoted by Pakistani national after FWICE's request

The 'Udta Punjab' ​​actor took to Twitter to confirm the news.

Mid-level hiring set to surge in India: Survey

Increased hiring will be witnessed in various sectors including IT/software, education, healthcare, FMCG, etc., according to the survey results released by job portal Shine.com on Wednesday.

Pakistan suspends Delhi-Lahore bus service

Thar Express will be suspended at 12 pm (midnight) today while Samjhauta Express will cease to run from Saturday, reported DND News Agency.

Stocks in the news: RIL, Sun Pharma, ONGC, Natco Pharma and Tata Motors

Reliance Powerreported 80 per cent decline in its consolidated net profit in June quarter.

Fines are fine: States opposing the penalties in the amended Motor Vehicles Act

States with non-BJP governments like Madhya Pradesh, Chhattisgarh, Rajasthan, Kerala, Odisha and West Bengal want to put the law on hold

Beyond the resignations: Why anxiety among IAS is only growing

Half a dozen bureaucrats said they were unhappy that the role of IAS officers was diminishing at the Centre.

India can set up base on moon in 10 years, says DRDO scientist who headed Brahmos Missiles project

Speaking to the "War and Peace" programme on DD News, Pillai said, "In space programme, we are one of the four countries that has complete mastery over technology."

Pakistan’s Christian community languishes as Imran Khan government busy on Kashmir

Besides false blasphemy cases, Christians in Pakistan are often at the receiving end of forced conversions, with girls abducted and forced to marry.

Shehla Rashid gets protection from arrest in sedition case

Shehla Rashid was booked on Friday for sedition over her comments about alleged human rights violations in Jammu and Kashmir.

Govt makes house building advances cheaper for government employees

The measures are aimed at solving the fund crunch and individual home buyers will only feel secondary impact.

Stocks in the news: YES Bank, Coffee Day, DHFL, IB Housing and Hindalco

Uco Bank has approached the Life Insurance Corporation of India (LIC) to acquire up to 15 per cent stake in it.

Sensex rises 100 points, Nifty stays above 11,000 on stimulus hopes

As many as 22 stocks in the Sensex pack were trading higher.

Social media compliance with govt requests shoots up after Jammu & Kashmir move

Govt committee meeting every other day to review posts; Facebook’s compliance rate over 90%.

Stocks in the news: YES Bank, Tata Motors, Titan, RIL and Berger Paints

The Nifty futures of SGX were trading 134 points or 1.23 per cent down at 10,862.

A shadowy global industry group is deciding food standards for you

A US nonprofit organisation has been quietly infiltrating government health and nutrition bodies around the world.

Stocks in the news: DHFL, ITC, Jet Airways, Sun Pharma and Nestle India

FMCG major reported an increase of 10.83 per cent in net profit to Rs 437.84 crore.

Geeta Phogat, Pawan Kumar expecting first child; wrestler flaunts baby bump in picture

The wrestler announced the news on social media.

Twitter told to take down handles spreading fake news about Kashmir Valley

According to officials, suspension of Twitter handles was taken up by the Ministry of Electronics and Information Technology.

Stocks in the news: HDFC Life, Grasim, Indiabulls Real Estate, Future Retail and Coal India

HAL has pitched for an order to manufacture four additional squadrons of Su-30MKI fighter jets

FPI-related news, Q1 earnings and other factors that may guide D-Street in a truncated week

Markets will be shut on account of Bakri Id on Monday and Independence Day on Thursday.

Haryana CM Khattar draws flak for remarks on Kashmiri women, says it is 'distorted news'

"Now people say that since Kashmir is open, we can bring girls from there. Jokes apart, if there is a good (sex) ratio, the balance in the society will be set right," Khattar said.

Stocks in the news: ZEEL, Airtel, IDBI Bank, Eicher Motors, UPL and DHFL

Invesco Oppenheimer Developing Markets Fund has agreed to buy up to 11% stake in ZEEL.

View: Time for Pakistan to resolve its identity crisis

To stop further erosion of the much derided `two-nation’ theory, Pakistan has adopted a two-pronged policy. They projected themselves to be part of the Arab Middle East rather than the geographical entity rooted in the Indian sub-continent.

Shehla Rashid booked for sedition over tweets on Kashmir situation

She has also been charged with spreading "fake news" with the intention to "malign the image of Indian Army", they said.

Apple breaks tradition, tweets for 3.1 million fans with details about September event

Most fans were excited about the new line-up, while many tried trolling Apple.

Suits & Sayings: ET's roundup of corporate murmurs

ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.

Niti Aayog is 'Not in touch with India': Jairam Ramesh

New Delhi, Sep 3 () Congress leader Jairam Ramesh on Tuesday took a swipe at the Niti Aayog and dubbed it "Not in Touch with India" after its CEO Amitabh Kant questioned apprehensions about an economic slowdown.

Stocks in the news: Indiabulls Housing, ICICI Bank, Manpasand, IDFC and Granules India

IDFC said it has called off plans to sell stake in its subsidiary IDFC Financial.

Stocks in the news: Tata Steel, HCL Tech, UltraTech Cement and Aurobindo Pharma

An independent director at InterGlobe Aviation called for confidence-building measures.

PM Modi pitches for Russian defence technology transfer to India for 3rd country exports

The PM said that if this becomes a reality, India and Russia can “supply these weapons to third world countries at very low prices”. Modi added that New Delhi and Moscow “need to take advantage of this opportunity”.

BJP leaders remember 'legend of Bar' Jethmalani, condole his demise

The noted lawyer, who died on Sunday at the age of 95, was elected to both Houses of Parliament on the BJP's ticket a few times but he had a tumultuous relationship with the party.

Noted jurist and former Union law minister Ram Jethmalani passes away

Jethmalani had been on medical help for the last two weeks.

Stocks in the news: Tata Steel, Dish TV, HCL Tech, Cipla, M&M and Lupin

Troubled DHFL said none of its creditors will have any principal haircuts as per the draft resolution plan.

Private banks pull Sensex lower; PSU stocks rally up to 7%

The market opened on a positive note supported by auto, pharma and metal stocks.

'Phew! glad (promoters’) disagreements have been resolved': IndiGo CEO tells employees

“I am pleased to tell you that issues have now been satisfactorily sorted out," Ronojoy Dutta told employees in a mail

J&K governor rejects speculation on Article 35-A, says it’s fake news

“There is no valid order and those orders shown are not of the government." Satya Pal Malik said.

Journalist booked for recording video of salt-roti midday meal in Uttar Pradesh

The video of students being served salt and roti in their midday meal had gone viral on social media on August 22, triggering widespread outrage and leading to the suspension of two teachers.

Stocks in the news: YES Bank, SBI, HDFC, ITC, Bharti Airtel and Jet Airways

Four Nifty50 companies will report their quarterly results today.

PM Modi visits Zvezda shipbuilding complex with President Putin

In future, the ships will be used to deliver Russian oil and liquefied natural gas to world markets including India, said Russian President Vladimir Putin.

FDI inflows up 28 percent in Q1 to $16.3 bn

Among sectors, telecommunications garnered the maximum FDI at $4.2 billion, followed by services sector ($2.8 billion).

Stocks in the news: Coffee Day, DHFL, ZEEL, Axis Bank, SBI, Hero MotoCorp and Eicher Motors

Axis Bank said its net profit climbed 95 per cent YoY to Rs 1,370 crore in Q1.

The countdown begins: 60 'excited' students will join PM Modi at ISRO to watch Chandrayaan-2's moon landing

The Chandrayaan-2 will land on the south pole of the moon tomorrow.

Stocks in the news: YES Bank, Wipro, Care Ratings, ACC and Allahabad Bank

India's fourth-largest software company reported 12.58% YoY rise in net profit.

Delhi plans to purchase rocket engines from Moscow: DPM Yury Borisov

Deputy PM Yury Borisov told about the planned rocket sales, and recognized India’s achievement in its latest mission to explore the Moon.

H-Energy, Russia's Novatek to set up JV to sell LNG in India

The document was signed on the sidelines of the Eastern Economic Forum (EEF), the official Tass News agency quoted Novatek as saying.

Watching the rain fall, Auto Inc heads to rural India

Pinning hopes on good kharif crop & govt measures, cos are expanding rural reach to push sales.

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