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Blackmoney window: Government expects more disclosure by September end

Blackmoney window: Government expects more disclosure by September end

27 Aug 2015

Mumbai: The government expects the number of disclosures about unaccounted overseas wealth under the blackmoney window to go up in the last few weeks of the compliance period, which ends on September 30.

Blackmoney,   foreign income,   Revenue Secretary,   Shaktikanta Das,   Latest Business News,  
Snapdeal appoints former Adobe executive Rajiv Mangla as CTO

Snapdeal appoints former Adobe executive Rajiv Mangla as CTO

27 Aug 2015

New Delhi: E-commerce major Snapdeal has appointed former Adobe executive Rajiv Mangla as Chief Technology Officer. In his new role, Mangla will establish the company's technical vision and lead all aspects of its technological development, Snapdeal said in a statement.

Snapdeal,   Rajiv Mangla,   Adobe,   CTO,   Rohit Bansal,   Snapdeal co-founder,   Latest Business News,  
Gold falls below Rs 27,000 on global cues

Gold falls below Rs 27,000 on global cues

27 Aug 2015

New Delhi: Tracking a weak overseas trend and slackened demand from jewellers at prevailing levels, gold continued its losing streak for the third straight day and tumbled by Rs 380 to Rs 26,650 in the national capital today.

gold,   gold price,   Bullion market,   silver price,   trading,   Latest Business News,  
  Sensex climbs 455 points on F&O expiry, positive global cues

Sensex climbs 455 points on F&O expiry, positive global cues

27 Aug 2015

Mumbai: The benchmark BSE Sensex recovered over 455 points to cross 26,000 level in morning trade while NSE Nifty crossed the 7,900 mark on short covering by participants on expiry of derivatives contracts and strong global cues.

Sensex,   BSE,   NSE Nifty,   Stock open,   Latest business news,  
PM 'concerned' over predatory pricing by airlines: Mahesh Sharma

PM 'concerned' over predatory pricing by airlines: Mahesh Sharma

27 Aug 2015

New Delhi: The issue of predatory pricing by the domestic carriers will be addressed by the government shortly with Prime Minister Narendra Modi expressing 'concern'over the practice which is giving a 'bad' name to the industry, Union Minister Mahesh Sharma said today.

Mahesh Sharma,   PM Narendra Modi,   domestic carriers,   Air India,   pricing,   Latest Business News,  
Sensex springs up 517 points after Fed signals rate hike delay

Sensex springs up 517 points after Fed signals rate hike delay

27 Aug 2015

Mumbai: Shaking off its weakness, the benchmark BSE Sensex staged a comeback of sorts, jumping over 516 points to retake the 26,000-level -- its biggest single-day gain in two weeks -- after a top Fed policymaker said the case for September rate hike looks 'less compelling'.

Sensex,   NSE,   BSE,   Nifty,   shares market,   stocks,   Indian economy,   Latest Business News,  
Market crash an aberration, macro fundamentals in better shape: SBI

Market crash an aberration, macro fundamentals in better shape: SBI

27 Aug 2015

New Delhi: The recent stock market crash is an 'aberration' and markets will correct based on upcoming macro numbers -- GDP and CPI inflation -- which are likely to be positive, SBI Research said in a note today.

SBI,   SBI research,   Market crash,   GDP,   CPI,   inflation,   Indian economy,   stock market,   Latest Business News,  
China's yuan firms slightly against dollar

China's yuan firms slightly against dollar

27 Aug 2015

Shanghai: China's yuan edged up against the dollar by midday today as a recovery in the country's major stock indexes boosted sentiment on the currency in spite of a weaker midpoint.

China,   yuan,   Chinese economy,   stock market,   currency devaluation,   Latest Business News,  
  Rupee higher 26 paise against dollar in morning trade

Rupee higher 26 paise against dollar in morning trade

27 Aug 2015

Mumbai: The rupee recovered by 26 paise to 65.88 against the US dollar at the Interbank Foreign Exchange market in morning trade today on selling of the American currency.

Rupee,   dollar,   Interbank Foreign Exchange market,   Forex dealers,   Latest business news,  
Government approves royalty payment to states on crude oil production

Government approves royalty payment to states on crude oil production

27 Aug 2015

New Delhi: The government yesterday agreed to pay states like Gujarat and Assam, from its annual budget, the difference between royalty paid by operators of some oil fields as per their contract and actual prevailing rate.

government,   royalty payment,   crude oil production,   Oil Industry,   Latest business news ,  

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