September 17, 2019

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IMC EVENTS

IMC Training and Courses

12 Hours Course in Insolvency and Bankruptcy

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IMC OTHER EVENTS

 

20
Sep

CPAA's Colours of Life: Group Show at Cymroza Art Gallery from 20th September to 30th September 2019

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8
Nov

Regional Management Conclave 'WINNING IN THE DIGITAL AGE' DIGITAL LEADERSHIP SUMMIT 3.0

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TRADE ENQUIRIES

 

VIETNAM

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Notifications

 
RBI

16
Sep

RBI/2019-20/59 (Delhi)
Risk Weight for Consumer Credit except credit card receivables

16
Sep

RBI/2019-20/60 (Delhi)
Large Exposures Framework

INCOME TAX

16
Sep

Notification No. 61/2019 (Delhi)
Notification No. 61/2019 [F.No. 370149/154/2019-TPL]/ SO 3264(E)

16
Sep

Notification No. 62/2019 (Delhi)
Notification No. 62/2019 [F.No. 370149/154/2019-TPL] /SO 3265(E)

16
Sep

Notification No. 63/2019 (Delhi)
Notification No. 63/2019 [F. No. 370142/11/2019-TPL] /SO 3266(E)

CUSTOMS

16
Sep

Notification No. 64/2019-CUSTOMS (N.T.) (Delhi)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

16
Sep

Notification No. 65/ 2019-Customs (N.T.) (Delhi)
Amending Notification No. 12/97-CUSTOMS (N.T.), dated the 2nd April, 1997 so as to include Barhi, Distt Sonepat, Haryana

LIVE MARKET

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BSE (SENSEX)

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NASDAQ

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FTSE 100

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USD

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EURO

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GBP

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GOLD

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SILVER

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INDIAN ECONOMY

One more booster shot for economy this week

The government is likely to come out with the fourth set of booster shots this week to arrest the slowdown in the economy....

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PSU disinvestment: Govt to offload 12.5% in Mazagon Dock Shipbuilders through IPO

The Centre will sell 12.5% stake in the state-owned Mazagon Dock Shipbuilders (MDL) via initial public offer (IPO) soon to raise about Rs 700 crore, sources told FE. ...

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WPI inflation dips to 1.08% in August

Wholesale price index (WPI)-based inflation for August came in at 1.08 per cent, much lower than 4.62 per cent recorded in the same month last year. On a sequential basis, WPI rema...

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Electronics Manufacturing: Ravi Shankar Prasad sets up task force to facilitate investments

Telecom and IT minister Ravi Shankar Prasad on Monday urged the captains of the electronics and mobile industry to step up investments as well as manufacturing in the country while...

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Trade wars: Modi, Trump may soon clinch a deal

India is working with the US with an “open mind” to resolve various contentious issues, commerce minister Piyush Goyal said on Monday, amid mounting expectations that the two count...

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MARKET & FINANCE

Mutual Funds remain cautious over NBFC debt instruments

Investors continue to remain cautious about non-banks. Data released by Sebi shows that exposure of debt mutual fund to the sector fell 20% year-on-year (y-o-y) in August to Rs 2 l...

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GLOBAL CORPORATE

Aramco less optimistic on output recovery

Saudi Aramco officials are growing less optimistic about a rapid recovery in oil production after an attack on the giant Abqaiq processing plant on Saturday, a person with knowledg...

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Apple takes on EU’s Vestager in record $14 billion tax fight

Apple Inc. fights the world’s biggest tax case in a quiet courtroom this week, trying to rein in the European Union’s powerful antitrust chief ahead of a potential new crackdown on...

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AB InBev among 39 firms targeted by new EU probe on Belgian tax

Anheuser-Busch InBev is among 39 firms targeted by fresh European Union investigations into Belgian tax deals after an earlier order to recoup about 800 million euros ($885 million...

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DIRECT TAX

Govt exempts cash payments above Rs 1 crore via APMC from 2 per cent TDS

In a relief to the farm sector, the government has decided not to levy 2 per cent tax deduction at source (TDS) on cash payments of over Rs 1 crore made through Agriculture Produce...

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GLOBAL ECONOMY

Trade Report
Country Month Link
Switerzland July 2019 Click
EU demands operational Brexit solution from Boris Johnson

The European Commission on Monday issued a sharp rebuke of the UK's Brexit strategy and declared that it is still waiting for a legally operational solution from the Boris Johnson ...

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Next Trump tariffs may soon hit Europe’s luxury exporters

Some of Europe’s top luxury brands are targeted in President Donald Trump’s latest tariff salvo, which could affect billions of dollars in exports of American-bound whiskeys, wine,...

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China's slowdown deepens; industrial output growth falls to 17-1/2 year low

The slowdown in China’s economy deepened in August, with growth in industrial production at its weakest 17-1/2 years amid spreading pain from a trade war with the United States and...

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INDIAN CORPORATE

Oyo founder’s $1.5 billion stock buyback plan gets CCI nod

The Competition Commission of India (CCI) has given necessary approvals to Ritesh Agarwal, group chief executive of hospitality chain Oyo Hotels & Homes, to undertake a $1.5 billio...

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No slowdown fears: Amazon sees robust demand for large appliances

E-commerce giant Amazon India, which is gearing up for the upcoming festival season, expects to see strong growth in the sales of large appliances this fiscal despite rising concer...

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Reliance Communications unit misses bond payment, files for bankruptcy

A unit of Reliance Communications Ltd., Anil Ambani’s distressed telecom firm, has filed for bankruptcy protection. GCX Ltd., which owns the world’s largest private undersea cable ...

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JSW Steel to go ahead with Rs 50,000 crore capex plan

Although steel prices have come off by a good 20-22% over the last one year and demand remains somewhat subdued, JSW Steel doesn’t plan to slow down. MV Seshagiri Rao, joint managi...

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Bhushan Power: NCLAT declines to pass order on JSW Steel’s plea

The National Company Law Appellate Tribunal (NCLAT) on Monday declined to pass any order on JSW Steel’s application to stay the implementation of the Rs 19,700-crore resolution pla...

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SEBI

Allahabad Bank board approves merger with Indian Bank

The board of Allahabad Bank on Monday approved the merger proposal with Indian Bank, making the amalgamated entity the seventh largest public sector lender of the country. Finance ...

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