Individual taxpayers with annual income up to Rs 5 lakh will get full tax rebate, said Finance Minister Piyush Goyal on Friday, while presenting the interim Budget for 2019-20 in the Lok Sabha.
The Government Friday decided to hike the gratuity limit from Rs 10 lakh to Rs 30 lakh and also announced a Mega Pension Yojana under which Rs 3,000 per month will given to unorganised sector employees.
The BSE benchmark Sensex Friday jumped over 100 points ahead of the Budget presentation by Finance Minister Piyush Goyal amid heavy buying by foreign portfolio investors.
Snapping its upward trend, gold prices Thursday declined by Rs 70 to Rs 34,000 per 10 gram at the bullion market here on subdued demand from jewellers, according to All India Sarafa Association.
The BSE benchmark Sensex Thursday rallied over 200 points on positive cues from global markets after dovish comments by the US Federal Reserve as it left key policy rates unchanged.
Reserve Bank of India (RBI) Governor Shaktikanta Das met heads of public sector banks on Monday ahead of the monetary policy review, to gain an understanding of current banking sector, which is facing massive non-performing assets.
Falling for the second straight session, the equity benchmark BSE Sensex Monday lost over 180 points in morning trade after intense selling pressure witnessed in banking, auto and metal stocks despite firming trends in other Asian bourses.
Indian equities did a U-turn on Friday after opening on a higher note and slumped as the session came to a close.
The benchmark BSE Sensex jumped over 250 points and the NSE Nifty reclaimed the 10,900 mark Friday on continued buying by institutional and retail investors amid encouraging 3Q earnings by some more companies.
Rising for the straight fifth session, the benchmark Sensex rallied 250 points after opening on a cautious note Monday, on continued buying in select bluechips by domestic investors amid a positive cues from other Asian bourses.
China on Monday announced that its economy cooled down in the last quarter of 2018, recording a growth rate of 6.6 per cent, which is the slowest in the last 28 years.
Continuing its upward trend, the petrol prices in the national capital on Monday witnessed a significant rise of 1.02 rupees per litre while diesel became costlier by 26 paise per litre.