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All Income Tax Returns Forms Released For E-filing
The Income Tax Department of India has launched all seven income tax returns (ITR) forms for e-filing. In a statement released by the Central Board of Direct Taxes said, "All ITRs for AY 2018-19 are now available for e-filing." On

Indian Bank And National Aluminium To Replace Tata Comm And Arvind In Nifty MidCap 50
With effect from May 29, the two companies Tata Communications from the telecom space and Arvind Limited from the textile sector will be moved out from the Nifty MidCap 50 index and in its place Indian Bank and Aluminium Co. will

Demand For Cyber Security And Data Protection Professionals Up By Many Times
After the General Data Protection Regulation (GDPR) law has been implemented in the Europe, companies in India are fast shifting their focus towards data protection. As a result the demand for cyber security and data protection professional as per a survey

Petrol and Diesel Hiked Again Despite 4% Drop in International Rates
Fuel prices were hiked for the thirteenth straight day in India despite a drop in international crude oil rates. Petrol prices across state capitals were up by 14 paise on an average as per the data available on state-owned IOC's website.

Markets Next Week: Crude Oil, Rupee To Dictate Momentum
It was a topsy-turvy week for the Indian markets, which largely moved on the back of momentum in crude oil and a falling rupee. In the initial three days of the week, we saw some sell-off, however, when crude oil fell,

Sun Pharma Reports a Rise in Q4 Profit at Rs 1,376 Crore
Sun Pharmaceutical Industries Ltd.'s reported a 6.93 percent rise in consolidated profit to Rs 1,375.62 crore for the fourth quarter of the financial year 2017-18. It was Rs 1,223.71 crore in the same period of the previous year. In a

IDBI Q4FY18 Loss Mounts To Rs. 5663 Cr; Gross NPA Increase 27.95%
The state-run IDBI Bank on Friday reported fourth quarterly loss to the tune of Rs. 5663 crore vs Rs. 3199 crore net loss posted in the same quarter a year ago. The gross NPA at the bank has also

MCX Shares Surge Heavily By Over 10% On Merger Deal With NSE
Shares of MCX surged past 10% after news of its likely merger with the largest Indian bourse, NSE came in. The stock in Friday's trade touched an intra-day high of Rs. 794 on the NSE against previous day's closing of Rs.

2-Day National Wide Bank Union Strike From May 30
State-run will go on a two-day nationwide strike on May 30 and 31 as employees and officers who are members of bank unions will go on a strike to protest a the nominal hike of 2 percent offered by the Indian

TCS M-Cap Crosses Rs 7-trillion mark; Stock Hits New High Of Rs 3,674
In early morning trade on Friday, led by weak rupee, IT major TCS hit another record high of Rs. 3674 which propelled its market cap to cross the Rs. 7 lakh crore mark. Since the announcement of bonus issue

Petrol Crosses Rs 80 Mark in Most States, Diesel Close to Rs 75
Petrol and diesel prices were hiked for the twelfth straight day today. Petrol rate was up by 36 paise per litre on an average to Rs 77.83 per litre in Delhi, Rs 80.47 per litre in Kolkata, Rs 85.65 per litre

4 Years Of Modi Govt: Ordinary Returns For Investors, Macros May Deteriorate
There was much hype and the hoopla created in the stock markets, after the Narendra Modi government secured a massive mandate from the people. The stock markets rallied and rallied, quite a bit. It's 4 years since, and the benchmark indices

ONGC Stocks Fall By 12% As Govt Plans to Pass Fuel Price Burden on it
Share price of ONGC (Oil and Natural Gas Corporation) fell as much as 11.95 percent to Rs 157.30 per share after PTI reported that the government may levy a windfall tax on oil producers to permanently moderate petrol and diesel prices.

New Chairpersons Appointed for 3 PSU Banks
As per the recommendations of Banks Board Bureau, the Indian government has appointed non-executive chairpersons for three public-sector banks, Financial Services Secretary Rajiv Kumar tweeted. These include: Dr. Charan Singh for Punjab & Sind Bank. Singh is the RBI

India Ranked 44th In Terms Of Competitiveness By IMD
In the annual rankings of nations, compiled by International Institute for Management Development (IMD) in respect of competitiveness, India has moved a notch higher to 44th rank while the US tops the list. The US economy due to its

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