Business

Goyal, who was earlier this week given the additional charge of Finance Ministry, asked the taxmen to trust the customers with a great degree of intelligence, while adopting a customer-friendly approach.

Paytm said it has witnessed three times growth in its 'travel business' with more than 38 million tickets sold in 2017-18.

IMF has projected global growth at 3.5 per cent in 2019 and 3.6 per cent in 2020, 0.2 and 0.1 percentage point below its October projections.

The report said employment was rising but job quality remained low and far greater economic growth was needed in Africa to get people out of poverty.

The UAE-based carrier, which is a major shareholder in Jet, is seeking an exemption from SEBI on preference pricing and open offer guidelines to increase its stake in the cash-strapped carrier.

From India, Finance Minister Arun Jaitley as also his cabinet colleague Dharmendra Pradhan have dropped out and so has Andhra Pradesh Chief Minister N Chandrababu Naidu and Maharashtra Chief Minister Devendra Fadnavis.

The Uttar Pradesh government has allocated Rs 4,200 crore for the 50-day Kumbh Mela this time, which is over thrice the budget of the Maha Kumbh in 2013, making the mega pilgrimage perhaps the costliest ever.

Speaking at the 9th Vibrant Gujarat Global Summit 2019, the RBI chief said the central bank is committed to play its role as the monetary authority for maintaining mandated price stability objective while keeping in mind the objective of growth.

The stock crashed 8.52 per cent to end the day at Rs 390.75 on the BSE. During the day, it dived 12.11 per cent to hit its multi-year low of Rs 375.40.

The shutdown proposed by Indian Air Force (IAF) is likely to hit nearly 800-900 flights during the 1.5 hours rehearsal period every day ahead of Republic day parade.

At the Interbank Foreign Exchange, the rupee opened stronger at 71.15 a dollar against the previous close of 70.24. The local unit moved in a range of 70.92 to 71.40, before finally ending at 71.03, showing a gain of 21 paise.

Etihad Airways, which holds 24 per cent stake in the airline, has offered to pick up shares of Jet Airways at a discount according to reports.

May's crushing loss marks the collapse of her two-year strategy of forging an amicable divorce with close ties to the EU after the March 29 exit. Investors' focus is now on a confidence vote on May's government by lawmakers later on Wednesday.

Gainers from the top-10 list are ITC, HDFC, Infosys, SBI and ICICI Bank; while Reliance Industries Ltd, TCS, HDFC Bank, HUL and Kotak Mahindra Bank suffered losses in their market capitalisation.

The loss-making airline has already started using food items stocked from India during its onward journey to Stockholm, Copenhagen, Birmingham and Madrid, and use them when returning.

Besides Punjab, several other states like Himachal Pradesh, Chattisgarh, Uttarakhand, Jammu and Kashmir, Odisha, Goa, Bihar, Gujarat and Delhi are facing revenue shortfall post the implementation of Goods and Services Tax (GST).