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  • Finance Ministry exempts excise duty on ATF purchases by Indian carriers for overseas flights
2023-03-18

Finance Ministry exempts excise duty on ATF purchases by Indian carriers for overseas flights

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The government has exempted domestic airlines flying overseas from paying excise duty on Aviation Turbine Fuel (ATF), bringing them at parity with international carriers. Airlines will, however, continue to pay…

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2023-03-16

Sebi penalises Coffee Day Enterprises, Coffee Day Trading for disclosure lapses

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Capital markets regulator Sebi on Tuesday imposed a penalty of Rs 1 lakh each on Coffee Day Enterprises and Coffee Day Trading for failing to make requisite disclosures pertaining to…

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2023-03-15

Stocks to buy: Ashok Leyland, United Spirits among top picks for July, shares may rally up to 17%

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Sensex and Nifty corrected by more than 8% each in June 2022, recording their worst monthly performance since March 2020. Still, the weakness might not be over. “On the short-term…

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2023-03-15

Sebi beefs up tech arsenal to crack whip on ‘mules’ used for front running, insider trading

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Armed with the latest technology tools, watchdog Sebi has unearthed a large number of insider trading and front-running cases where ‘mule accounts’ were being used and is now in the…

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2023-03-15

Rupee may appreciate on optimistic market sentiments; FII outflows, elevated crude prices likely to cap gains

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The Indian rupee is expected to appreciate on Tuesday amid optimistic global market sentiments. However, sharp gains may be prevented on elevated crude oil prices and consistent FII outflows. Additionally,…

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2023-03-12

SGX Nifty up, global cues mixed, Nifty outlook, oil falls on recession fears; 5 things to watch out for today

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Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 were likely to see gap-up opening on Wednesday, a day ahead of weekly F&O expiry. Nifty futures were up 41.50…

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2023-03-08

Share Market Highlights: Sensex surges 900 pts, Nifty ends above 15600; Titan, SBI, TCS top gainers

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Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian equity markets ended higher for a second consecutive day, as investors’ sentiments got a boost after US Treasury Secretary…

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2023-03-07

Rakesh Jhunjhunwala stock Rallis India tanks 30% YTD; Edelweiss downgrades to ‘Reduce’, check target price

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Rakesh Jhunjhunwala portfolio stock Rallis India has been in consolidation phase for nearly one year. Rallis India share price has tanked around 30 per cent so far this year. Recently,…

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2023-03-06

ICICI Lombard share price may rally 10%, Credit Suisse initiates coverage with ‘Outperform’ rating

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ICICI Lombard General Insurance’s share price has tumbled more than 9% so far this year, largely in line with the headline indices. The stock has de-rated with growth deceleration, rising…

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2023-03-06

LIC’s plans to sell RCap bonds worth Rs 3,400 crore hits another roadblock

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The move by Life Insurance Corporation of India (LIC) to sell secured bonds of Reliance Capital worth Rs 3,400 crore has hit another roadblock. Now, a non-governmental organisation (NGO) is…

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