Monday 2 January 2017

You can now refuse service charges at hotel, restaurants

THE ECONOMIC TIMES
Mon, Jan 02, 2017 | 06:18 PM IST

Daily Newsletter

Hotels, restaurants can't charge service charge without customers' nod: Govt

Govt asks State govts to sensitise the companies, hotels & restaurants to disseminate information that the service charges are discretionary/voluntary not mandatory.

Supreme Court sacks Anurag Thakur, Ajay Shirke from BCCI

The apex court slammed BCCI and state board officials failed to implement its orders to bring transparency and accoun...

Interest rates on small savings schemes unchanged for January-March 2017

A savings deposit will fetch 4 per cent interest annually while term deposits of 1-5 years will offer 7-7.8 per cent ...

Demonetisation is history! If you have the money, buy into this market: Rakesh Jhunjhunwala

FIIs selling is likely to reverse, worst is priced in for Q3 results, and a friendly budget are some factors which Jh...

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Tech view: Nifty forms Hanging Man on 1st trading day of 2017

On short-term charts, the momentum oscillators are at the extremely overbought levels. Traders are advised to conside...

Mapping the mkt: PM's address spooks banks, propels realty cos

Shares of second-rung stocks gained momentum on the first session of the year as the BSE Midcap and BSE Smallcap indi...

Cotton Association Of India projects 345 lakh bales cotton production for 2016-17

The production of cotton in the country which had reached a record high of over four crore bales during the 2013-14 c...

Government keeps inflation pressure at bay in 2016, but hiccups loom

Under the new mechanism, the government has mandated RBI to bring down inflation to below 6 per cent by January 2016 ...

Market Watch 2 Jan | 06:18PM|
SENSEX NIFTY USD/INR GOLD
26595.45
-31.01
8179.50
-6.30
68.23
0.31
27552.00
107.00
MARKET NEWS
Top analysts got Sensex, Nifty estimates wrong in 2016; can they get it right in '17?

Most analysts sounded pretty sure of their yearend projections for benchmark indices at the beginning of calendar 201...

Top eight money making trading strategies for 5-21 trading sessions

The 7,900 level is as a major support for Nifty, as it coincided with the recent lows as well as 50% Fibonacci retrac...

Gainers Losers 2 Jan, 2017, 06:18PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Cerebra Integrated Technologies Ltd. 27.60 20.00 976237 27.60 23.35
Piccadily Sugar and Allied Industries Ltd. 12.19 19.98 23640 12.19 10.10
Kilburn Chemicals Ltd. 50.50 19.95 30169 50.50 42.95
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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I-T department scanning data pile to dig out unaccounted income

Armed with information on deposits and purchases in the wake of demonetisation, the tax department is pursuing presum...

Apple has no plans to source component locally, or to export phones

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To stay ahead in online retail race, Flipkart lost Rs 14 crore per day in FY16

However, the company said it has managed to cut down losses since the beginning of the current financial year and is ...

Toyota plans to challenge Maruti, Hyundai dominance with its 'safest' 'most-fuel efficient' small car

Toyota Kirloskar, which failed to make major inroads in the small car space, is banking on the integration work betwe...

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