BUSINESS NEWS CATEGORIES 

Budget 2019: Sensex, Nifty hold on to gains

Benchmark equity indices held on to gains Friday morning even as the Budget overshot the fiscal deficit target for the current financial year.The 30-share BSE Sensex was trading 157.10 points, or 0.43 per cent, higher at 36,413.79. Similarly, the 50-share NSE Nifty rose 43.25, or 0.40 per cent, to 10,874.20.Presenting the budget for 2019-20, Finance Minister Piyush Goyal said the fiscal deficit for the current financial year is expected to be 3.4 per cent of GDP. As per the Budget estimate, the fiscal deficit for 2018-19 was pegged at 3.3…

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LEGAL NEWS NEWS CATEGORIES 

SC expresses displeasure at non-appointment of regular CBI director

The Supreme Court Friday asked the Centre why it has not appointed a regular CBI director and said it was “averse” to the appointment of an interim chief for the agency for a long period.A bench comprising justices Arun Mishra and Naveen Sinha said the post of CBI director was sensitive and the government should have appointed a regular director by now.Attorney General K K Venugopal told the court that a high-powered committee, headed by the prime minister, will hold a meeting on Friday to select a new CBI director.He…

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