Details of US-China deal to be published after signing: White House
After nearly two years of escalating conflict, US President Donald Trump and top Chinese trade envoy Liu He are due to sign a "phase one" agreement on January 15. "The whole document will be released Wednesday," Larry Kudlow, director of the National Economic Council, told reporters.
Buy Adani Ports, price target Rs 395: CK Narayan
The analyst suggested a stop loss at Rs 375.
PM speaks to US President Trump; expresses desire to enhance cooperation in areas of mutual interest
Modi highlighted the significant progres...
Industrial production grows 1.8% in November after contracting for two successive months
Factory output rebounded course and returned to positive territory after contracting for two consecutive months. The Index of Industrial Pro...
IIP in positive zone after 3 months, grows 1.8% in November
The numbers signal that the economy is turning a corner after being in the grips of falling sentiment as all critical macroeconomic indicators showed weakness. Core sector output contracted 1.5 per cent for November but showed marked improvement from previosu months. Core sector forms 40 per cent of the Index of Industrial Production.
All debit cards may get MDR waiver
The Central Board of Direct Taxes has also notified a fine of Rs 5,000 per day for businesses with a turnover of over Rs 50 crore if they fail to offer digital means of payments.
Commerce Ministry looking at ways to revamp SEZ policy
It has also discussed ways for implementation of the remaining recommendations of Baba Kalyani report on SEZ to facilitate ease of doing business in the present global market scenario, the ministry said in a statement.
Japan shares rise as easing Middle East tension shifts focus to trade deal
The benchmark Nikkei index ended up 0.47 per cent at 23,850.57 points.
B S Yediyurappa’s likely visit to Delhi raises hopes of Cabinet expansion
Karnataka Chief Minister’s challenge is to induct all the 'disqualified MLAs' into his Cabinet; may skip WEF meet at Davos.
India a top geopolitical risk for 2020: US consultancy
In their most recent report, the Eurasia Group said PM Narendra Modi has spent "much of his second term promoting controversial social policies at the expense of an economic agenda. The impacts will be felt in 2020, with intensified communal and sectarian instability, as well as foreign policy and economic setbacks."
Telecom industry urges government to facilitate funding at lower interest rates; seeks reduction in levies
According to a senior government official, most demands made were on similar lines as before, including reduction in Universal Service Obligation Fund (USOF) levy and licence fees. The official added that one of the recommendations was related to input line credit.
Retail stocks set for re-rating as consumer spends improve
Growth in the retail sector is expected to pick up in the first half of fiscal 2021.
Infosys Q3 earnings: Here’s what to expect from the IT major
Infosys is all set to kick off the December quarter earnings season this Friday. Here’s what to expect from the IT major.Infosys Q3 earnings...
Service activity gains pace in December, PMI at 53.3
IHS Markit India Services Business Activity expanded to a five-month high in December. The services sector activity Index improved from 52.7 in Nov to 53.3 in Dec, highlighting the second-strongest rate of increase in output in over a year (behind July). A reading below 50 on the index shows contraction while above that threshold indicates expansion.
Commerce ministry holds meeting with SEZ players to discuss issues
One of the members of this committee, Srikanth Badiga, said issues related to further improving ease of doing business for these zones were also discussed. The industry demand to extend the direct tax incentives to SEZ units beyond March 31 also figured in the meeting.
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