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Appeal of AI deal depends on rates offered by govt: SBI

The appeal of Air Indias new debt restructuring package depends on the interest rates the government provides, says deputy managing director of SBI, Santosh Nayar.

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Business News

Net direct tax mop-up rises 9% at Rs 3.46lk cr in Apr-Jan

Net direct tax mop-up rises 9% at Rs 3.46lk cr in Apr-Jan The net direct tax collection has increased by 9.28% to Rs 3.46 lakh crore in the April-January period mainly on account higher realisation of personal income tax and corporate tax.
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IBN Reports

Stock exchanges for abolition of STT in Budget

SEBI officials were also present in the meeting between representatives of stock exchanges and Finance Ministry officials.
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Market Edge

Spring-time at markets, will the cheer continue today?

Spring-time at markets, will the cheer continue today? Looks like spring’s already here for the markets! Indian bourses ended a volatile session on a high yesterday. The Nifty gained 35 points while the Sensex gained over 100 points. How is trade likely to be today? Let’s check out the cues:
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Market Outlook

Kedia warns of mkt correction within four-five sessions

Sushil Kedia Sushil Kedia, president at ATMA spoke to CNBC-TV18 about what he expects of the market going ahead.
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Technicals

Euro gains on ECB; stocks up with economic data

The euro rose on Monday on expectations of higher eurozone interest rates while world stocks eked out gains as concerns about Middle East and Japan cast a cloud despite positive economic data.
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Global Markets

Wall St edges up as Greek deal awaited

Wall St edges up as Greek deal awaited U.S. stocks edged slightly higher on Tuesday as investors awaited the outcome of discussions on a bailout package for Greece that would help the country avoid a chaotic default.
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Politics

Nitin Gadkari has sought a report on the two ministers from Karnataka CM.
The first phase of UP Assembly polls for 55 seats in 10 districts will decide the fate of 2 ministers, 31 MLAs and 15 former ministers.
A two-member team of the National Commission for Scheduled Caste led by its director Dibakar Basak visited Arjundaga village in Puri district and met family members of the victim.
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India

Team Anna had kicked off its tour of poll-bound states, starting from Haridwar in Uttarakhand on January 21.
As Yuvraj Singh battles cancer, experts discuss how India's healthcare has been fighting the challenge of cancer.
Catch all the big stories of the day with Rajdeep Sardesai.
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Tech

Yahoo Inc said it appointed former Rovi Corp CEO and IBM veteran Alfred Amoroso and ex-eBay COO Maynard Webb as independent directors.
Facebook had agreed to overhaul privacy protection for more than half a billion users outside North America.
Nokia Belle will be available in the majority of the markets, including countries like India, UK, UAE and others.
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