Saturday, Oct 21, 2017 | Last Update : 11:58 AM IST

Economy

Individuals, partnership entities as well as companies can act as valuers under the Companies Act after getting registered with an authority specified by the government. (Representational Image)

Govt notifies rules for registered valuers

The corporate affairs ministry has proposed to specify the IBBI as the authority with respect to matters related to valuers.

An RTI query has revealed that the Reserve Bank of India never issued any directions regarding mandatory linking of Aadhaar and bank accounts. (Photo: PTI)

RTI reveals RBI never issued any order on linking bank a/c with Aadhaar

In a notification dated June 1, 2017, the government mandated the linking of bank accounts with Aadhaar by December 31. 

Dow Jones is set to open record high of 23,000 on Wednesday. (Photo: AP)

Dow set to open above 23,000 for the first time

A series of upbeat earnings reports from marquee companies has boosted sentiment.

India is tightening quality controls for consumer and capital goods, officials say, a move that follows calls to curb cheap imports from China. (Photo: Pixabay/ Representational)

India tightens consumer goods standard; could hurt China imports

The new rules target toys, electronic goods, machinery, food processing, construction and chemicals, sectors dominated by China.

This Diwali, switch to financial gifts like Systematic Investment Plans to secure your loved ones' futures. (Photo: Pixabay/ Representational)

This Diwali, try financial gifts like SIP to secure your loved ones' futures

SIP or Systematic Investment Plan helps one to regularly invest small amounts in a mutual fund scheme.

Market

Meanwhile, gold was trading a shade lower by 0.05 per cent at USD 1,284.20 an ounce in Singapore. (Photo: ANI)

Gold futures up by Rs 71 per 10 gram

Gold is trading at Rs 29,718 per ten gram as speculators engaged in raising their bets even as metal weakened overseas.

Indian stock exchanges 50-Nifty and BSE Sensex are set to turn welcome the Samvat 2074. (File Photo)

These are the stocks to look out for during 'Muhurat Trading'

According to a Kotak Securities report, the Nifty50 index is likely to set a new high of 11,850.

The 30-share BSE Sensex opened 6.46 points down at 32,577.89 and the 50-share NSE Nifty fell 4.70 points to 10,206.20.

D-Street Diwali: Muhurat Trading kick-starts with market in red

In the pre-opening trade, Sensex was up by 72.40 points at 32,656.75, while the Nifty fell 0.50 points to 10,210.40.

A broker in looks at at changing share prices at BSE. (Photo: File)

Nifty retreats from record highs; Axis Bank slumps

The benchmark Sensex fell as much as 0.44 percent to 32,464.40.

Companies

Air India unions have held discussions at an individual level with the management on the issue of disinvestment.

AI disinvestment: Unions to meet to discuss strategy next week

On June 28, CCEA had given in-principle approval for strategic disinvestment of Air India and five of its subsidiaries.

Microsoft is one of major tech companies in US. (Photo: AP)

Google, Facebook, Microsoft to lobby for residency for immigrants in US

Coalition for American Dream intends to ask Congress to pass bipartisan legislation this year.

Bajaj Finserv, through its lending arm, Bajaj Finance Ltd., is offering personal loan at a special interest rate of 11.99 per cent for a loan value of Rs 12 lakh and above. (Photo: Pixabay)

Bajaj Finserv slashes personal loan interest rate to 11.99 per cent

These special interest rates can be availed on all personal loan applications between October 17 to 23.

Paytm on Wednesday said gold worth Rs 120 crore has been transacted within six months of launch of sales on its platform. (Photo: Paytm Gold| Twitter)

Paytm Gold sees 1 million buyers on Dhanteras, makes Rs 120 crore transactions

Mobile wallet company Paytm on Wednesday said gold worth Rs 120 crore has been transacted within six months of launch of sales.

FMCG companies which generally bet high on festive sales in the business of chocolates, cookies and sweets are reporting less than normal sales.

Hit by DeMo-GST, corporates slash gifts by 35-40 per cent: Assocham

Disruptions arising out of demonetisation and roll out issues of the GST too have affected overall sentiment.

Autos

Honda Twin priced at Rs 13.07 lakh (ex-showroom, Delhi).

Deliveries ff Honda Africa Twin started

The motorcycle was relaunched globally in 2016 after a gap of 12 years.

Model is also equipped with features like SmartPlay infotainment system with Android Auto, Apple CarPlay and Mirror-link technology.

Maruti's new Dzire crosses 1 lakh sales mark in over 5 months

New Dzire with the diesel variant delivering 28.4 kmpl while petrol variant giving 22 kmpl.

Let’s check out what makes the i30 N special.

Hyundai unveils i30 N hot hatch with 275 horsepower

First hot hatch from the Korean manufacturer, the ‘N’ in the i30 N’s name stands for, you guessed it, Nurburgring.

Company's domestic CV sales had declined 15.62 per cent to 66,397 units, as against 78,693 units in the same quarter of 2016-17.

After dip in Q1 Tata Motors' CV sales up 24 per cent in Jul-Aug

Sales rose to 59,378 units in the two month period of 2017-18, from 47,750 units in the year-ago period.

In Other News

Similarly, NBFCs have also upped their market share to 32 per cent from 27 per cent during the same period. 

Private banks, NBFCs eye greater loan share

The PSU Banks currently enjoys a 35 per cent market share of retail loans with private banks and NBFCs accounting for the remaining portion.

The smooth functioning of the GST Network is important for the business people because any delay in filing returns — even due to network issues — would lead to penalties.

Traders worship GST portal!

GST has become a buzzword for difficulties being faced by small entrepreneurs.

The tender details will be finalised this week.

Govt to float tender for Wi-Fi service in panchayats by 2019

Plan is to roll out Wi-Fi service in 1 lakh gram panchayats (GPs) in a year and in the rest by 2019.

The government is working on creating a corpus of Rs 500 crore to fund 5G activity.

Govt sets up body for 5G, eyes rollout by 2020

Government aims to deliver about 10,000 megabit per second in urban areas and 1000 Mbps in rural locations.

 India's leather exports currently stands at USD 5.66 billion. (Photo: Representational Image)

Leather exports to rise 10 per cent by 2019: Chaudhary

The exports of leather goods is linked to demand in developed regions like Europe.