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Foreign Firms Shun Indian Coal Mine Auctions, 40% Of Mines Find No Takers
Reuters | Wednesday September 30, 2020The world's second largest consumer, importer and producer of coal has offered a range of incentives to attract investment and reduce imports. -
Government Retains Full-Year Borrowing Target, Will Borrow Rs 12 Lakh Crore
Reuters | Wednesday September 30, 2020The government had already topped its fiscal deficit target in the first five months of the year with net federal tax receipts falling by about 30%. -
Government Faces Ballooning Fiscal Deficit As Pandemic Hits Taxes
Reuters | Wednesday September 30, 2020Net tax receipts in the five months through August declined by about 30 per cent year on year to Rs 2.84 lakh crore, even though fuel taxes rose. -
Taxman Issues Refund Worth Rs 1.18 Lakh Crore To Taxpayers Since April
ANI | Wednesday September 30, 2020Income Tax refunds of Rs 32,230 crore and corporate tax refunds of Rs 86,094 crore have been issued in 1,78,540 cases. -
Interest Rates On PPF, Other Small Savings Schemes Unchanged In December Quarter
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 30, 2020This means existing interest rates will apply on small savings schemes - such as the Public Provident Fund (PPF) - in the quarter ending December 31. -
Infrastructure Output Shrinks 8.5% In August
Reuters | Wednesday September 30, 2020, New DelhiInfrastructure production is determined by taking into account activity in eight sectors including coal, crude oil and electricity. -
Core Sector Output Contracts For Sixth Month In A Row
Edited by Abhishek | Wednesday September 30, 2020Barring coal and fertiliser, all sectors -- crude oil, natural gas, refinery products, steel, cement and electricity -- recorded negative growth in August. -
ITR Filing: Last Date For Filing Belated Income Tax Return Extended To November 30
Edited by Sandeep Singh | Wednesday September 30, 2020ITR Filing: Until now, the due date for furnishing these income tax returns (ITRs) was September 30. -
Income Tax Department Refunds Rs 1.18 Lakh Crore To Assessees Since April
ANI | Wednesday September 30, 2020, New DelhiRefunds of Rs 32,230 crore have been issued in 31,75,358 cases, the Income Tax Department said. -
Gold Set For Worst Month In 4 Years As Dollar Rises
Reuters | Wednesday September 30, 2020For the quarter, bullion is on track for its eighth straight gain. -
Gold Price Eases To Rs 50,183, Silver Near Rs 60,530 As Global Rates Fall
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 30, 2020Gold And Silver Rate Today: MCX gold futures dropped by Rs 469 to Rs 50,183, whereas silver futures slumped to as low as Rs 60,530, Rs 1,936 lower compared to their previous close. -
Sensex, Nifty End Flat; Metal Shares Fall, FMCG Stocks Gain
Edited by Abhishek Vasudev | Wednesday September 30, 2020Six of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty FMCG index's over 1 per cent gain. -
Current Account Surplus At Record High In June Quarter: RBI Data
Reuters | Wednesday September 30, 2020, MumbaiThe surplus stood at 3.9 per cent of gross domestic product (GDP) in the latest quarter, compared with a deficit of $15 billion or 2.1 per cent in the same period a year ago, RBI data showed. -
Market Latest Updates: Sensex Ends 95 Points Higher As Markets Resume Gain After A Day's Halt
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 30, 2020Share Market Latest Updates: Gains in pharmaceutical, consumer goods and select financial stocks supported the markets, however sharp losses in metal and energy shares limited the upside. -
Stock Market Update: Sensex Jumps Over 400 Points From Day's Low As Markets Rebound
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 30, 2020Stock Market Updates: Dr Reddy's Laboratories, Titan, Tech Mahindra, Nestle and Hindustan Unilever, trading between 2.38 per cent and 3.01 per cent higher, were the top percentage gainers in the benchmark Nifty index.
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