Despite recovery signs, gem & jewellery exports may dip 2-5%
There will be some recovery in demand in fourth quarter.
GJEPC seeks reduction in import duty in Budget
The council has urged to reduce the import duty on gold, silver and platinum from 12.5 per cen...
Karnataka may soon announce relief as industries find property taxes steep
In the case of electricity bills, commercial consumers attract the...
BlackRock to exit black diamond
“With the acceleration of the global energy transition, we do not believe that the long-term economic or investment rationale justifies continued investment in this sector," the world’s largest money manager with $1.8 trillion in assets under management, said in a letter to its clients.
Buy Century Textiles & Industries, price target Rs 550: CK Narayan
The analyst suggested a stoploss at Rs 530 .
SIAM bullish about revival of automobile industry
"This is the worst downturn of the automobile industry in the last 20 years," SIAM deputy director Sugato Sen told reporters. "We hope that the year 2020 will be the year of revival of the Indian automobile industry. Sales are expected to go up as penetration of automobiles in India is very low," Sen added.
Proposed cut in duty-free liquor, cigarettes to cause Rs 650 cr/year loss to airports: Industry body
Indian airports are likely to incur a revenue loss of Rs 650 crore per annum if the reported recommendations of the Commerce Ministry on duty-free sales are put in place, private airports operators body APAO said on Tuesday.
Reliance Industries is India's answer to Exxon, AT&T, Amazon - all rolled into one
RIL has disrupted the energy and telecoms industry and could soon do the same to retail, fintech, and media.
Amul object proposal of industry to import SMP at zero percent duty
The proposal was given by industry body -CII in the backdrop of firm SMP prices at Rs 280-300 per kg, compared to last year prices of Rs 150 per kg. In summer, when milk production drops, the dairy manufacture liquid milk and other products by diluting milk powder. Ten tonnes of SMP are used to make one lakh litre of milk.
Government allocates Rs 232 crore for infrastructure development of CAPFs
The CAPFs, which are the backbone of internal security, are pressed into service in anti-naxal, anti-terror and anti-insurgency operations across the country in addition to law and order duties in states and work in difficult circumstances away from their families.
Budget should give clarity in levies for telecom industry: ICRA
The industry has been demanding a reduction in the overall charges paid by the operators mainly licence fee and spectrum usage charges, ICRA said in a pre-budget expectation note on Monday.
HDFC Securities maintains neutral on Reliance Industries, target price Rs 1,562
According to the brokerage, RIL posted underwhelming results in third quarter as operating profit reported was 10% lower than HDFC Securities’ estimates.
Stock market update: Cement stocks mixed; Keerthi Industries gains 2%
Keerthi Industries, Andhra Cements and Udaipur Cement Works were the top gainers.
Too small for own code, 'others' 20% of imports
Collectively others are over a quarter of non-oil imports. A bulk of these relate to chemicals, steel and machinery.
Share market update: 37 stocks hit 52-week highs on NSE
Benchmark NSE Nifty index was trading 0.25 points up at 12,170.10.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service