Sensex falls over 100 pts after IMF cuts India's growth outlook

Sensex falls over 100 pts after IMF cuts India's growth outlook

Wednesday, 24 July 2019 | PTI | Mumbai

Domestic equity benchmark BSE Sensex dropped over 100 points in early trade on Wednesday as investor sentiment dampened further after IMF cut India's growth outlook. Massive foreign fund outflow too hit market mood here, traders said. After swinging nearly 250 point in highly volatile opening session, the 30-share index was trading 104.13...

LS nod to Bill for amending Motor Vehicle law

Wednesday, 24 July 2019 | PTI | New Delhi

Lok Sabha on Tuesday gave its nod to a bill which seeks to weed out corruption, improve road safety and usher in use of technology to regulate traffic, as the Government assured the House that rights of the states will not be taken away. The Motor Vehicles (Amendment) Bill, 2019 was...

WB stops implementing PMFBY from this yr

Wednesday, 24 July 2019 | PTI | new delhi

The West Bengal government has stopped implementing the central scheme on crop insurance PMFBY from Kharif 2019 and instead rolled out its own scheme, Parliament was informed on Tuesday. From Kharif 2016, the centre had introduced yield-based Pradhan Mantri Fasal Bima Yojana (PMFBY) and weather-index based Restructured Weather Based Crop Insurance...

IT Ministry may only back storage curbs for critical, sensitive data

Wednesday, 24 July 2019 | PTI | new delhi

The IT Ministry is likely to propose that personal information which neither qualifies as ‘critical’ nor ‘sensitive’ should be allowed to be stored and processed anywhere, while data classified as ‘critical’ should be kept only in India under the draft Personal Data Protection Bill. The proposal is significant as it marks...

Investments in KVP to double in 113 mnths

Wednesday, 24 July 2019 | PTI | New Delhi

In view of falling interest rates, the government has increased the time period by 1 month for doubling the money invested in Kisan Vikas Patra (KVP) to 9 years and 5 months. The funds parked in KVP with effect from July 1, 2019, will double in “9 years and 5 months”...

Gold price falls on muted demand, weak global cues

Wednesday, 24 July 2019 | PTI | New Delhi

After touching an all-time high in the previous session, gold prices on Tuesday fell Rs 250 to Rs 35,720 per 10 gram in the national capital amid weak trend overseas and fall in domestic demand, according to the All India Sarafa Association. Silver declined marginally by Rs 10 to Rs 41,950...

Sensex, Nifty end lower for 4th day; bank, auto stocks drag

Wednesday, 24 July 2019 | PTI | mumbai

Equity benchmarks Sensex and Nifty clocked losses for a fourth straight session on Tuesday due to intense last-hour selling mainly in financial and auto stocks. After swinging 319 points, the 30-share index ended 48.39 points or 0.13 per cent lower at 37,982.74. It hit an intra-day low of 37,898.90 and a...

Govt extends due date for filing ITR for 2018-19 by a month till Aug 31

Govt extends due date for filing ITR for 2018-19 by a month till Aug 31

Tuesday, 23 July 2019 | PTI | New Delhi

The government on Tuesday extended the due date for filing income tax returns by individuals for financial year 2018-19 by a month till August 31. Individuals, including salaried taxpayers, and entities - who do not need to get their accounts audited - were required to file their income tax returns for...

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