Sandeep Singh

Telecom Companies To Pay Rs 92,000 Crore As Dues To Government; Top Court Rejects Plea For Review

Business | Reported by A Vaidyanathan, Edited by Sandeep Singh (with inputs from agencies) | Thursday January 16, 2020

In a major setback for mobile service providers, the Supreme Court on Thursday rejected telecom companies' plea seeking a review of its earlier order that allowed the government to collect dues worth Rs 92,000 crore from them. "Applications for hearing in open court/oral hearing are rejected. Having perused the review petitions and the connected pa...

Budget 2020: Industry Body Calls For Import Duty Cut In Medical Device Parts

Business | Edited by Sandeep Singh | Thursday January 16, 2020

CII also said a high custom duty of 10 per cent is applicable on the import of intra ocular lenses, and an overall duty of 25.52 per cent (including GST) leading to higher healthcare service cost.

Rupee Gives Up Early Gains To Drop To 70.92 Against Dollar: 10 Points

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday January 16, 2020

The rupee gave up intraday gains on Thursday to close at 70.94 against the US dollar, after the US signed the first phase of a trade deal with China. After starting the day nearly unchanged at 70.80 against the dollar, the rupee edged higher before erasing all of the day's gains to decline to as low as 70.99 in late afternoon deals. As of Wednesday...

Market LIVE Updates: Sensex Crosses 42,000 For First Time Ever As Markets Clock All-Time Highs

Business | Written by Sandeep Singh | Thursday January 16, 2020

Domestic stock markets rose to all-time highs with the S&P BSE Sensex index crossing 42,000 for the first time ever on Thursday tracking mild gains in Asian peers, a day after the US and China signed the first phase of a trade deal. The Sensex rose as much as 186.72 points to touch 42,059.45 in the first hour of trade, and the broader NSE Nifty ben...

Bank Staff Unions Call Strike After Wage Revision Talks Fail

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday January 16, 2020

Bank Strike Dates: The All India Bank Employees Association said that UFBU has called for a two-day strike starting January 31 and a three-day strike starting March 11.

Sensex, Nifty Likely To Open Flat Today

Business | Edited by Sandeep Singh (with inputs from Reuters) | Thursday January 16, 2020

At 8:30 am, the SGX Nifty futures were down 5.00 points - or 0.04 per cent - at 12,354.50.

Jeff Bezos Says To Invest $1 Billion To Digitise Small Business In India

Business | Reported by Sakshi Bajaj, edited by Sandeep Singh (with inputs from agencies) | Wednesday January 15, 2020

Amazon chief executive officer Jeff Bezos said on Wednesday that his company will invest $1 billion in India, for digitising small and medium businesses in the country.

Sensex Falls Over 150 Points, Nifty Near 12,300 In Early Trade; Wipro Shares Drop 3%

Business | Edited by Sandeep Singh (with inputs from Reuters) | Wednesday January 15, 2020

Domestic stock markets receded from record highs in early trade on Wednesday amid weakness in Asian peers, where investors awaited the signing of an initial US-China trade deal. The S&P BSE Sensex index fell as much as 193.34 points to hit 41,759.29 on the downside, and the broader NSE Nifty benchmark declined to as low as 12,298.55, down 63.75 poi...

Here's How Much You Pay For Petrol, Diesel In Your City Today

Business | Edited by Sandeep Singh | Wednesday January 15, 2020

Petrol, Diesel Prices In Metros: In Delhi, the price of petrol stood at Rs 75.70 per litre and diesel at Rs 69.06 per litre on January 15 - the same levels as the previous day, according to Indian Oil Corporation (IOC). In Mumbai, the prices of petrol and diesel remained at Rs 81.29 per litre and Rs 72.42 per litre respectively.

Sensex, Nifty Likely To Open Lower Today; Wipro Shares In Focus

Business | Edited by Sandeep Singh (with inputs from Reuters) | Wednesday January 15, 2020

The S&P BSE Sensex and NSE Nifty benchmark indices registered new record closing highs on Tuesday. The Sensex ended 92.94 points - or 0.22 per cent - higher at 41,952.63 and the Nifty settled at 12,362.30, up 32.75 points - or 0.27 per cent - from the previous close.

Sensex, Nifty Hit New Record Highs Amid Volatile Trade: 10 Things To Know

Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday January 14, 2020

Domestic stock markets recovered early weakness to new all-time highs in late afternoon deals on Tuesday, tracking gains in global peers where equities registered record levels on optimism on the US-China trade front. The S&P BSE Sensex index rose as much as 111.32 points to hit an all-time high of 41,971.01, and the broader NSE Nifty benchmark ros...

Petrol Rate Cut For Third Day In A Row, Diesel Price Unchanged

Business | Edited by Sandeep Singh | Tuesday January 14, 2020

Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on a daily basis and implement any changes at fuel stations with effect from 6 am.

Wholesale Inflation Worsens To 2.59% In December: 10 Things To Know

Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday January 14, 2020

Wholesale inflation worsened to 2.59 per cent in December from 0.58 per cent in the previous month, government data showed on Tuesday. The official data on wholesale inflation - or the rate of increase in wholesale prices gauged by the Wholesale Price Index - was released a day after separate data showed consumer inflation came in at 7.35 per cent ...

Sensex, Nifty Turn Flat After Hitting Record Highs In Volatile Trade: 10 Things To Know

Business | Edited by Sandeep Singh (with inputs from Reuters) | Tuesday January 14, 2020

Domestic stock markets turned flat after hitting new all-time highs amid volatile trade on Tuesday, a day after consumer inflation data dashed hopes of further monetary easing by the central bank. The S&P BSE Sensex index rose as much as 43.67 points to hit an all-time high of 41,903.36, and the broader NSE Nifty benchmark rose 20.2 points to a rec...

Sensex, Nifty Likely To Open Higher Today

Business | Edited by Sandeep Singh (with inputs from Reuters) | Tuesday January 14, 2020

On Monday, the S&P BSE Sensex and the NSE Nifty benchmark indices registered new record closing highs. The Sensex ended 259.97 points - or 0.62 per cent - higher at 41,859.69 whereas the Nifty settled at 12,329.55, up 72.75 points - or 0.59 per cent - from its previous close.