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New Delhi: India's public health spending is expected to be up by as much as 11% in the upcoming Union budget, to be announced by Finance Minister Arun Jaitley on February 1. Reuters reported the development, claiming anonymous government officials and documents as evidences to support the claim that there could be a potential 11% hike in healthcare spending. The development is unlikely to create ...
Its just January, but the mood across the country is that of Christmas in December. Everybody right from people wanting income tax sops to sectors and even association heads have been writing their heart out, seeking a revision. No brownie points for guessing the Santa Claus, its the budget-man Mr. Jaitley himself. This time he has been sought by the retailers association of India. The head at RAI, ...
The Niti Aayog, the Government of India's principal policy think-tank, has reportedly mooted two big-bang measures for gold - zero import duty (totally abolishing the current 10% duty) and a reduction in GST (to 1% from the current 3%). Moneycontrol writes that the recommendations were made in a 250-page report on the gold sector submitted before the Department of Economic Affairs by the Niti Aayog's ...
The first fifteen days of the new year have already ​taken ​ the markets by surprise. Gold, often been criticised as a dead investment, has jumped up in valuations. Although the jump of nearly 3% in a fortnight may not improve your valuation​s​ significantly, the ​rise​ still holds good in comparison ​to​ how ​bitcoin - branded by some as the new gold - and other ​ crypto-currenc​ies​ ha​ve​ fared. ...
New Delhi: India's public health spending is expected to be up by as much as 11% in the upcoming Union budget, to be announced by Finance Minister Arun Jaitley on February 1. Reuters reported the development, claiming anonymous government officials and documents as evidences to support the claim that there could be a potential 11% hike in healthcare spending. The development is unlikely to create ...
Its just January, but the mood across the country is that of Christmas in December. Everybody right from people wanting income tax sops to sectors and even association heads have been writing their heart out, seeking a revision. No brownie points for guessing the Santa Claus, its the budget-man Mr. Jaitley himself. This time he has been sought by the retailers association of India. The head at RAI, ...
Income tax. It baffled even the great Albert Einstein, who declared that "The hardest thing in the world to understand is income taxes." But can the complexity of Income Tax alone explain away the fact that only 1.7% of our population has taken the trouble to pay it? Or the fact that only 0.25% declare taxable income over Rs 50 lakh and just another 6.28% taxable income between Rs 2.5-25 lakh? ...
New Delhi: The Unique Identification Authority of India (UIDAI) on Monday said it was soon going to roll out face authentication as an additional security feature for Aadhaar verification. The new feature, likely to be introduced by July, would make it convenient for those who have difficulty in authentication through fingerprints or iris. However, the face recognition would be used only in "fusion ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
Mumbai: Piramal Finance Limited (PFL), a subsidiary of Piramal Enterprises Limited, has forayed into the hospitality sector with multiple transactions done in quick succession.The platform has committed Rs. 650 crores towards two marquee hotel assets in North India, followed by another Rs. 550 crores across another two assets in Bangalore and Pune, respectively.PFL deployed Rs. 650 crores in Vatika ...
Mumbai: Optimism around quarterly corporate earnings, along with an upward rally in banking stocks and healthy inflow of foreign funds, lifted the key Indian equity indices - the BSE Sensex and NSE Nifty50 - to record high levels on Wednesday. Also, the government's decision on Wednesday to cut the size of additional borrowing to Rs 20,000 crore of government securities from Rs 50000 crore during ...
This year the Chinese Communist Party will tackle some of it's biggest economic hurdles. (AAP) Alice de Jonge, Monash University In 2017, we saw the consolidation of China's power and influence globally, and of Communist Party leader Xi Jinping's power nationally. This year, the party will try to use this to tackle some of its biggest economic hurdles such as financial risk, environmental pollution ...
Panaji: Setting up auto-shredding plants will not only help India save foreign exchange but also preserve its natural resources like iron ore for posterity, Union Steel Minister Chaudhary Birender Singh said on Thursday. "It will reduce the dependence on present annual import of scrap of 5-6 million tonnes of shredded scrap in the country. Consequently, foreign exchange outgo will also be reduced. ...
New Delhi: Automobile major Maruti Suzuki will launch the new version of its popular hatchback car Swift at the Delhi Auto Expo 2018. The automobile major said it has opened the bookings for the new hatchback model which is going to be available with "K12 VVT" petrol engine and "DDiS 190" diesel engine. "We are delighted to open bookings for the all-new Swift and look forward to a grand launch at ...
Chennai: Flagship of the Hinduja Group, Ashok Leyland, on Wednesday took the next step to secure long-term arrangements for its EV commercial vehicles by signing a Letter of Intent (LoI) with Phinergy of Israel.With the intention of providing varying energy management solutions to the customers, Ashok Leyland and Phinergy will work towards the adaptation of unique, competitive, and sustainable solutions ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 28160.00 (0.21%)
  Gold Rate in Mumbai   Rs. 28850.00 (0%)
  Gold Rate in Delhi   Rs. 28400.00 (-0.35%)
  Gold Rate in Kolkata   Rs. 29030.00 (0%)
  Gold Rate in Kerala   Rs. 27350.00 (0%)
  Gold Rate in Bangalore   Rs. 27500.00 (0%)
  Gold Rate in Hyderabad   Rs. 28120.00 (-0.28%)

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