Business

The Centre currently levies a total of Rs 19.48 per litre of excise duty on petrol and Rs 15.33 per litre on diesel. On top of this, states also levy Value Added Tax (VAT).

Major gainers were TCS, Infosys, Sun Pharma, M&M, RIL, Wipro, HDFC Bank, Asian Paints, Kotak Bank, HDFC Ltd, Tata Motors and Yes Bank, rising by up to 1.62 per cent.

Other gainers included Adani Ports, ICICI Bank, Tata Motors, Axis Bank IndusInd Bank, Asian Paints, Hero MotoCorp, L&T, TCS, Tata Steel and Bharti Airtel, rising by up to 2.05 per cent.

The dollar steadied against the yen on Wednesday, as U.S. yields pulled back from lows hit on concerns about a worsening trade feud between Washington and Beijing, although persistent worries about the trade rift are likely to cap any greenback recovery.

Foreign portfolio investors (FPIs) sold shares worth Rs 754.43 crore yesterday, as per provisional data.

Following a decade of loose monetary policy and historically low-interest rates aimed at boosting economic growth after the 2008-9 financial crisis, global central banks including the U.S. Federal Reserve and the European Central Bank are either raising i...

The research study on 'Enhancing Indian exports of pharmaceutical products to China' has suggested as many as 17 options to domestic firms for gaining market access in China.

Finance Minister, Piyush Goyal, has assured to meet the fiscal deficit target of 3.3 per cent.

The price of diesel was unchanged for the fourth day in a row. In Delhi, Kolkata, Mumbai and Chennai, it was sold at Rs 67.85, Rs 70.40, Rs 72.24 and Rs 71.62 a litre, all unchanged since the last decline in June 12.

This is a double whammy for the struggling PSBs as they had massive write-offs as well as huge losses in the last financial year.

Taxpayer would be required to approach the concerned jurisdictional tax officer to get the password for the GSTIN allotted to the business. Taxpayers can check jurisdiction through 'Search Taxpayer' option available on GST portal.

This definitely broadens the home ownership opportunity for eligible, first home buyers under the PMAY scheme while also providing the needed impetus to the supply dynamics, he added.

A proposal has also been sent to Finance Ministry to increase the subscriber base of APY.

Besides, weakness in the domestic stock market weighed on the rupee at the Interbank Foreign Exchange market.

Oil Minister Dharmendra Pradhan, who flew in here to witnessed arrival of first LNG ship under a 20-year import deal with Gazprom, termed the event as Golden Day in the India's energy pursuit.

While RIL, HDFC Bank, Hindustan Unilever Ltd (HUL), HDFC, Maruti Suzuki India and Kotak Mahindra Bank saw gains in their market capitalisation (m-cap) for the week ended Friday, Tata Consultancy Services (TCS), ITC, Infosys and SBI suffered losses.