Tag Archives: Points

GST impact on buying, selling used cars; 4 power points explain it all briefly

This type of transaction is similar to the one in the previous case, except that the buyer is in the course or furtherance of business. The second-hand car market in India is largely unorganised and fragmented. Since the transactions happen in different ways, following are the impact of goods and services tax (GST). Individual sells to individual As per Section ... Read More »

IFCI Raises Lending Rate By 10 Basis Points To 8.6 Per Cent

New Delhi: Term finance lender IFCI today said it has raised benchmark lending rate by 0.1 percentage point (10 bps) to 8.6 per cent. The company has changed its its short-term benchmark rate (IBR-ST) from 8.50 per cent to 8.60 per cent with monthly rests for lending for tenure up to three months only, IFCI said in a statement. The ... Read More »

Patel Scores Points Despite Difficult Weekend In Audi R8 LMS Cup At Sepang

The Audi R8 LMS Cup concluded this weekend at the Sepang International Circuit with Indian GT driver Aditya Patel scoring crucial points for the team. The weekend however, did not go as hoped by the Audi India sponsored driver who was eighth in the super pole, after two top 10 finishes in the practice session.Speaking on his performance, Aditya Patel ... Read More »

Sensex Up Over 150 Points, Trades Above 28,000; RIL Leads Gains

10:00 a.m.: The broader markets were broadly in-line with the benchmark indices. The BSE mid-cap index was up 0.4 per cent and small-cap index jumped 0.7 per cent; Indian Bank was the top gainer from the mid-cap space, up 4 per cent to Rs 163. M&M Financial Services, Reliance Infra, MRPL, Ashok Leyland, GNR Infra and JP Associates were also ... Read More »

Sensex Ends 181 Points Higher On Buying In Banking Shares

3:432 p.m.: Sensex rose over 150 points while broader Nifty closed above its crucial psychological level of 8,500 for first time in 11 months as encouraging U.S. data and expectations of further monetary stimulus from global policymakers held out hopes for a strong global economic outlook. The Sensex ended 181 points or 0.66 per cent higher at 27,808 and Nifty ... Read More »

Sensex Snaps 4-Day Rally, Ends 106 Points Lower On Selloff In IT Stocks

Sensex snapped 4-day winning streak on Friday as blue chip Infosys fell as much 9 per cent after the software services exporter posted disappointing results and slashed revenue forecasts. Bigger rival Tata Consultancy Services also fell, even as it reported a more upbeat quarterly profit than Infosys, as investors were concerned about its outlook, given the potential impact from the ... Read More »

Apple’s Privacy Fight Does Not Win Extra Points for Security: Poll

Most Americans trust Apple Inc to protect their personal information from hackers, according to a national Reuters/Ipsos poll, but not any better than rivals Google, Amazon and Microsoft. The results of the poll were released late on Monday, in the middle of a legal battle between Apple and the US Justice Department over a judge’s order that Apple write new ... Read More »

Real Estate Bill: 5 Big Points of Protection For Home-Owners

The Real Estate Bill aims at protecting home buyers’ interest The Real Estate Bill, which aims at protecting home buyers’ interest, moved closer to becoming law after it was cleared in the Rajya Sabha on Thursday. The bill, designed to bring transparency and accountability to the realty sector, is expected to revive investor and buyer confidence. Here are five ways ... Read More »

Sensex Rallies 464 Points on Buying in Banking Shares

The stock markets rallied for the second straight day on Wednesday on the back of buying in banking shares. The Sensex surged 464 points to close at 24,243 and Nifty rose 147 points to close at 7,369. Banking shares came in high demand after the Reserve Bank of India said it would ease capital requirement rules. Investors also drew comfort ... Read More »

Sensex Gains for Third Day, Rallies 364 Points; Nifty Settles above 7,450

The Sensex and Nifty rallied for third day in a row on the back of broad-based buying amid firm global cues. In the last three trading sessions, the Sensex has surged over 1,600 points and Nifty has moved closer to its crucial psychological level of 7,500. For the most part of the day, the stock markets traded on a firm ... Read More »