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Automobile exports from India decline by 5 per cent in 2016
98 Views, 15-01-2017, Courtsey News Live

: India\’s automobile exports across categories fell 5 per cent in 2016 dragged down by lower sales of two and three-wheelers in various markets, including Latin America and Africa. According to latest data by Society of Indian Automobile Manufactures (SIAM), overall exports during the last y...Read more

In a first, Air India to reserve 6 seats for women on domestic flights
141 Views, 12-01-2017, Courtsey News Live

: In a first-of-its-kind move in the aviation industry, national carrier Air India will reserve six seats for women on its flights operating on domestic routes from next week.  At times, a woman travelling alone gets a middle or window seat on aircraft, which puts her to inconvenience, particu...Read more

Hopeful of resolving issues to roll out GST from Apr 1: FM
117 Views, 11-01-2017, Courtsey News Live

: Finance Minister Arun Jaitley today reiterated that the Centre is still aiming to roll out the Goods and Services Tax (GST) regime from April 1 if all pending issues are sorted out. GST, which is to subsume most of central and state taxes like excise, service tax and VAT, needs to roll out by lat...Read more

Sensex to touch 29,000 by Dec this year:Deutsche Bank
146 Views, 10-01-2017, Courtsey News Live

: Indian equity markets are expected to move in a narrow range during the year and the benchmark Sensex is likely to touch 29,000 by the end of 2017, says a Deutsche Bank report. According to Deutsche Bank\’s India Equity Strategy Report, 2017 is expected to be a year of uncertainty and the m...Read more

Customers can pay at petrol pumps via cards for no extra charge: Govt
155 Views, 09-01-2017, Courtsey News Live

: Credit and debit cards will continue to be accepted at petrol pumps even after January 13 without customers having to pay transaction charges, the government said on Monday. Banks and oil companies are in discussions as to who should bear these charges, it said a day after averting a crisis that ...Read more

’Despite demonetization, India to grow faster than China’
130 Views, 07-01-2017, Courtsey News Live

: Indian economy will grow faster than China despite the temporary slowdown created by demonetization, an Indian-origin academic and former Singapore diplomat said at a conference of leading world universities here today. "Even if the demonetization created a slowdown, it is not going to chang...Read more

Sensex ends 119 down after hitting 27k
42 Views, 06-01-2017, Courtsey News Live

: Marked by day-long swings, the stock market came off its nearly two-month high by falling over 119 points to close at 26,759, stumped by IT worries following proposed visa curbs in the US. The NSE nifty too briefly retook the 8300 level before capitulating. Information technology stocks hit a ro...Read more

Sensex nears 2-month high, Nifty tops 8200-mark
166 Views, 05-01-2017, Courtsey News Live

: The Sensex rebounded strongly to end near a two-month high of 26,878 by zooming over 245 points and the NSE Nifty rescaled the 8,200-mark after the U.S. Fed minutes hinted at the uncertainty over the pace of rate hike. A higher U.S. interest rate means flight of capital from emerging markets in q...Read more

Rupee rebounds from one-month low, soars by 28 paise
200 Views, 04-01-2017, Courtsey News Live

: The rupee made a roaring comeback after a two-day downfall against the American currency and ended higher by 28 paise at 68.05 following a fresh bout of dollar selling by banks and exporters.  This is the biggest single day gain in one month. A weak dollar sentiment across the board alongsi...Read more