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Retail prices of petrol, diesel may not be cut due to volatile oil market. International oil prices are volatile. Benchmark Brent that fell to $88 a barrel on Wednesday -- lowest in about seven months – and remained below $90 on Thursday at $89.15 per barrel on demand concerns (Chinese slowdown and tightening of global... | 0 | |
Gross direct tax collections rise by 35% to ₹6.48 lakh crore: Finance ministry. The finance ministry said refunds amounting to ₹1.19 lakh crore have been issued between April 1 and September 8 , 65.29% higher than refunds issued during the same period in the preceding year | 0 | |
Tata Group in talks with Taiwan's Wistron to assemble Apple iPhones: Report. Apple has bet big on India since it began iPhone assembly in the country in 2017 via Wistron and later with Foxconn, in line with the Indian government's push for local manufacturing. | 0 | |
Reliance Industries acquires polyester firm for ₹1,592 crore. See full details. Shubhlaxmi Polytex Ltd produces polyester fibre, yarns and textile-grade chips through direct polymerisation as well as extruder spinning with value addition through texturising. It has a continuous polymerisation capacity of 2,52,000 tonne... | 0 | |
Want to know how much money you spent on Swiggy? Here's a step-by-step guide. On Swiggy, users have the option to find out how much money they spent in ordering food items using the app. | 0 | |
Millionaire’s visa aimed at rich Chinese faces axe in Australia. The Significant Investor visa is designed to attract funds into the country, with holders required to maintain their investment for the term of the visa, which can be up to five years. | 0 | |
Indian Railways revenue up 38% to ₹95,486.58 crore till Aug-end. The revenue from passenger traffic was ₹25,276.54 crore, an increase of ₹13,574.44 crore (116 per cent) year-on-year. | 0 | |
Markets opening bell: Sensex in green at over 60,000, Nifty rises to 17,911. From the 30-share Sensex pack, Tech Mahindra, Infosys, Bajaj Finserv, Mahindra & Mahindra, Tata Steel and ICICI Bank were leading the gainers' chart. | 0 | |
Binance-linked WazirX says assets frozen by ED stand released. The federal Enforcement Directorate (ED) had launched its investigation last year into the company for suspected violations of foreign exchange regulations and froze its assets. | 0 | |
Prada, Haleon cuts ties with Chinese star Li Yifeng held in prostitute scandal. Chinese authorities often tout confessions by the accused in high-profile cases, which the US, UK and other human rights advocates have long cited as evidence of coercion or torture. | 0 | |
Sensex rises 322 points to close above 60,000 mark; Nifty settles above 17,900. The 30-share barometer closed higher by 321.99 points or 0.54 per cent at a three-week high of 60,115.13, as 21 of the index constituents closed in the green. After a strong opening, the index touched a day's high of 60,284.55 and a low of ... | 0 | |
Sensex drops 300 points in early trade, at 58,461; Nifty above 17,400. Opening bell: Sensex drops 300 points in early trade, at 58,461; Nifty above 17,400 | 0 | |
RBI's new guidelines for credit cards, debit cards: Steps to tokenise your card data. The deadline to tokenise your card data is September 30, which was extended in June. The previous deadline was June 30. | 0 | |
From September 20, all Audi cars in India to become costlier by 2.4%. The company attributed the decision to rising input and supply chain costs. | 0 | |
Sensex jumps over 250 points to settle at 59,031, Nifty rises to close at 17,577. From the Sensex pack, Mahindra & Mahindra, Bajaj Finserv, Titan, Tata Steel, State Bank of India, Kotak Mahindra Bank, Sun Pharma and IndusInd Bank advanced. | 0 | |
Which were the top-selling scooter brands in July 2022? Honda Activa tops the list. While TVS Jupiter sold the second-highest number of units, Suzuki Access finished third on the list. | 0 | |
Post Office Time Deposit scheme: Features, benefits and all you need to know. This is one of the most well-known investment schemes offered by India Post. Under it, customers can open an account for a fixed duration. | 0 | |
CBDT reviewing its ‘faceless’ tax assessment scheme: Report. According to the report, the review was prompted by a recent order of the Allahabad high court in which it imposed a penalty of ₹50 lakh on erring tax officials. | 0 | |
Things you should consider when investing in international mutual funds. International mutual funds have emerged as a convenient way to diversify your portfolio and tap into the myriad opportunities present in the international stock markets for wealth creation in the long run | 0 | |
Want to lead the digital nomad life? Here is how to prepare financially. Digital nomads lead a location-independent lifestyle – they can pursue a career from any corner of the world and only need a laptop, a stable internet connection, and some technological paraphernalia to continue doing their jobs | 0 | |
India's crude oil production falls 3.76 percent in July. Cumulative crude oil production during April-July, 2022 was 9912.42 TMT, which is 2.17 per cent lower than the target for the period and 0.50 per cent lower than production during the corresponding period of last year, according to data released by the Ministry o... | 0 | |
Adani Group 'deeply overleveraged', may spiral into debt trap, default: Report. The aggressive expansion pursued by the Adani Group, led by Asia’s richest person, has put pressure on its credit metrics and cash flow, CreditSights said in the report Tuesday, adding that “in the worst-case scenario” it may spiral into a ... | 0 | |
These companies have hiked interest rates on fixed deposits. Details here. The rates were hiked after the RBI, on August 5, raised the repo rate. The companies have revised regular interest rates for customers, as well as those for senior citizens. | 0 | |
Adani Group to buy 29.2% stake in NDTV, launch open offer for another 26%. Gautam Adani's AMG Media Networks Limited to 'indirectly acquire' 29.18% stake in NDTV, launch open offer for another 26% | 0 | |
Google veteran Sajith Sivanandan appointed head of Disney+ Hotstar. Sajith Sivanandan, who formerly worked for Google, will begin his new post at Disney+ Hotstar in October, with a dual reporting line to Rebecca Campbell and K Madhavan, president, of Disney Star. | 0 | |
AstraZeneca on hunt for deals, but may not stay in vaccines: Report. Production delays, probes by regulators following rare cases of severe side effects and concerns about its relatively short shelf life compared with other shots have stymied adoption of AstraZeneca's Covid-19 vaccine. | 0 | |
Adani Group to acquire 29.18% stake in NDTV: Things to know about AMNL. The Adani group said it will indirectly acquire 29.18% stake in NDTV and launch an open offer for acquiring another 26% to get a majority stake in the media company. | 0 | |
Planning for the festive season expenses without hampering your goals. Owing to the sentimental element that is attached to festival celebrations, most people tend to overlook the importance of having a financial plan in place for managing festival expenses | 0 | |
Markets end in green as Sensex surges by 54 points; Nifty up by 27 points. From the Sensex pack, IndusInd Bank, NTPC, Larsen & Toubro, ICICI Bank, Power Grid, HDFC, Kotak Mahindra Bank and Asian Paints were the biggest gainers. | 0 | |
Airport services aggregator Dreamfolks IPO oversubscribed on Day 1 of bidding. DreamFolks facilitates consumers' access to airport-related services like lounges, food and beverages, spa, meet and assist airport transfer, transit hotels or nap room access, and baggage transfer services | 0 | |
Thai instant noodle makers allowed to hike prices as costs surge. Thailand gave the green light to instant noodle makers to raise retail prices for the first time in 14 years, yielding to demands from local producers battling a surge in raw-material costs. | 0 | |
Twitter attorney says bot data given to Musk was ‘explicitly an estimate’. Earlier, Musk’s lawyer said Twitter has “stonewalled” requests to nail down how much of the social-media platform’s activity is generated by bot accounts. | 0 | |
46% American adults reveal how their crypto investments fared. The survey was conducted between July 5 and 17 and shows the overall share of the American adults who invested in or traded or used cryptocurrency is unchanged since September last year. | 0 | |
Sensex trades above 59,400 in opening session; Nifty at 17,700. From the Sensex pack, Tata Steel, State Bank of India, IndusInd Bank, Hindustan Unilever, Titan, Bajaj Finserv, Bharti Airtel and Axis Bank were among the lead gainers. | 0 | |
Dreamfolks IPO gets strong response on Day 2 of subscription. Check details. On Day 1, the Dreamfolks IPO received bids for 1,85,76,916 shares against 94,83,302 shares on offer, according to data available with the National Stock Exchange. | 0 | |
96% Indian parents say their kids don't know much about money management: Report. According to the survey report, 93 per cent of teen respondents expressed interest to learn about digital payments. However, a meagre 22 per cent of them said they were confident of using digital payments. | 0 | |
DA hiked by 4%? Centre says viral WhatsApp letter is ‘fake’. The letter claimed that the DA for the central government staff has been raised from the current 34% to 38%. The annual second and final DA hike for the year is due. | 0 | |
Sensex gains over 500 pts in early trade; Nifty above 17,650. Markets open in green as Sensex trades at 59,205; Nifty at 17,619 | 0 | |
Number Theory: Should India privatise its public sector banks?. Whether or not the government privatises PSBs, private banks have been operating in India for a long time. | 0 | |
Haryana CM announces one-time scheme to settle arears under Passengers and Goods Tax. Till March 31, 2017, the arrears amounted to ₹2,113 crore, according to Manohar Lal Khattar. | 0 | |
Bank holidays in September: Bank branches to remain closed for 13 days. Check full list. Bank holidays in September 2022: However, even on these days, online banking services will be available as usual. | 0 | |
Market closing bell: Sensex in green but finishes weaker at nearly 59,000, Nifty settles at over 17,550. From the Sensex pack, NTPC, Titan, Power Grid, Kotak Mahindra Bank, Larsen & Toubro, Tech Mahindra, Tata Steel and Mahindra & Mahindra were among the major winners. | 0 | |
How to exchange your currency in Dubai? Check documents needed & other details. According to the UAE government's website, foreign currency of almost any denomination can be exchanged in the country. | 0 | |
Nirmala Sitharaman's projection for India's GDP: ‘7.4% economic growth in current, next fiscal’. Speaking at an event in the national capital, the Union finance minister said that the IMF and World Bank, too, have projected that India's growth rate would be the fastest for the next two fiscal years. | 0 | |
Ahead of festive season, Honda launches Shine Celebration Edition: 5 key features of the bike. The 125cc motorcycle has been launched at a starting price of ₹78,878 (ex-showroom). | 0 | |
Is Amazon acquiring sports video games creator Electronic Arts?. Speculations were rife about another mega acquisition in the gaming industry after Microsoft bought ‘Call of Duty’ maker Activision Blizzard for a whopping $68.7 billion in January this year. | 0 | |
CoinSwitch cooperating with financial crime agency probe: CEO. CoinSwitch, valued at $1.9 billion, says it is the largest crypto company in India, with more than 18 million registered users. The firm is backed by Andreessen Horowitz, Tiger Global and Coinbase Ventures. | 0 | |
Maruti Suzuki to unveil Baleno Cross at Auto Expo in January 2023: Reports. The 2023 edition of the Baleno premium hatchback is likely to be launched in February, and may have a starting price of around ₹8 lakh, according to reports. | 0 | |
Received message from ‘SBI’ to update your PAN card details? ‘It’s fake', says govt. The text message informed receivers that their SBI YONO account has been closed, and, to reactivate it, they need to update their PAN details with the bank. | 0 | |
Realme joins hands with Flipkart for ‘Priority Pass’: All you need to know. The last day to buy this pass – it costs only ₹99 – is September 7. It will help you save up to ₹1,000 while buying a Realme smartphone through the e-commerce platform. | 0 | |
IIM-Kozhikode's masterclass on ‘Mindful Leadership’, 200 professionals attend. Professor Debashis Chatterjee, director of IIM-Kozhikode, helmed the ‘Mindful Leadership’ masterclass where he spoke on the evolution and phases of leadership from the first to the fourth stage and how cognitive revolution shaped India's his... | 0 | |
Akasa Air suffers mega data breach, shares details with govt agency. "This is to inform you that a temporary technical configuration error related to our login and sign-up service was reported on Thursday, August 25, 2022," Akasa Air said in a mail on Sunday. | 0 | |
In 75 years of India's Independence, how Rupee fell from 4 per dollar to 80. A lot has happened on the macroeconomic front ever since 1947 including economic stress in the 1960s led by a slump in food and industrial production. | 0 | |
With Android 13, Google aims to piece together the ecosystem and tablet puzzles. Apart from the expected security and privacy expansion, Google is trying to build the ecosystem play much like Apple does, which has led to the realisation that tablets play a crucial role | 0 | |
Gujarat CM announces 3% hike in Dearness Allowance for state govt employees. Chief minister Bhupendra Patel said that the dearness allowance hike will benefit some 9.38 lakh employees of the Gujarat government, panchayat service and pensioners. | 0 | |
Global business travel won't see full recovery until 2026: Report. The Global Business Travel Association now projects business travel will regain its 2019 level of $1.43 trillion in mid-2026, 18 months later than predicted in the group's last forecast in November. | 0 | |
Stocks slip on Wall Street, oil drops amid economy worries. The S&P 500 fell 0.3% as of 10:15 a.m. Eastern. The Dow Jones Industrial Average fell 40 points, or 0.1%, to 33,720 and the Nasdaq fell 0.2%. | 0 | |
Whole sale price inflation eases to 13.93% in July. In July, wholesale prices index-based inflation, which is akin to producer prices, rose lower than a forecast of 14.20% in a Reuters poll of analysts, and compared with 15.18% the previous month. | 0 | |
Does Google Pixel Buds Pro come close to replicating Apple’s AirPods specs?. The Pixel Buds Pro are Google’s most expensive wireless earbuds, and the in-house efforts with the audio hardware and sound processing have given it a potential long-term advantage | 0 | |
Mother Dairy, Amul to hike milk prices by ₹2 per litre from tomorrow. Prices of toned milk will increase to ₹51 while double toned milk will rise to ₹45 per litre. Cow milk price have been hiked to ₹53 per litre. Token milk price has been raised to ₹48 from ₹46 per litre. | 0 | |
Customers perceive service charge as govt levy: Delhi HC. Instead of taking service charge ‘separately’, eateries increase the price of the food in the menu, the Delhi high court suggested on Tuesday. | 0 | |
Sensex gains 379 points to end day at 59,842; Nifty closes above 17,000. Easing inflation concerns after the wholesale price-based inflation slowed down to a five-month low of 13.93 per cent in July and buying in index majors Reliance Industries and HDFC twins added to the momentum. | 0 | |
Number theory: Four charts which explain inflation and its economic impact. The four charts explain in detail the larger macroeconomic takeaway from the July data for both Consumer Price Index a(CPI) and Wholesale Price Index (WPI). | 0 | |
Indian companies ready for 10% salary hike next year: Report. Information Technology (65.5%), engineering (52.9%)), sales (35.4%)), technically skilled trades (32.5%)) and finance (17.5%)) are expected to be the most sought-after functions for recruitment in the next 12 months. | 0 | |
Markets opening bell: Sensex rises to 59,770; Nifty to 17,797.20. Markets opening bell: Sensex rises to 59,770; Nifty to 17,797.20 | 0 | |
Mumbai gas rates | CNG cheaper by ₹6 per kg, PNG price reduced by ₹4. Earlier this month, MGL had increased prices for CNG and PNG by a similar amount citing ‘significant increase in input gas cost’. | 0 | |
Sensex reclaims 60,000 mark after 4 months, investors richer by ₹25 trillion. At 10.48 am, Sensex traded at 60,149 points, up 0.5 per cent from Tuesday's closing. Sensex last touched 60,000 mark in early April. | 0 | |
Flipkart fined ₹1 lakh for allowing sale of this substandard kitchen item. The company has been asked to submit a compliance report within 45 days. The consumer rights body fined the firm for violating the rights of consumers by allowing the sales of substandard domestic pressure cookers on its platform. | 0 | |
Sensex crosses 60,000 mark in early trade; Nifty above 17,873 level. The 30-share BSE benchmark index was trading 141.62 points higher at 59,983.83 in early deals. Soon, it jumped to 60,008.11 points, higher by 165.9 points. | 0 | |
Markets opening bell: Sensex opens in red at 60,115; Nifty at 17,902. Markets opening bell: Sensex opens in red at 60,115; Nifty at 17,902 | 0 | |
Sensex opens 0.21% higher at 58,418; Nifty above 17,400 ahead of RBI decision. The NSE Nifty 50 index was up 0.23% at 17,421.35, as of 0346 GMT, and the S&P BSE Sensex rose 0.21% to 58,418.86. | 0 | |
RBI expected to hike policy rates for 3rd time in row in fight against inflation. India's inflation currently stands at 7 per cent and finance minister Nirmala Sitharaman said earlier this week that government has been trying to keep it under 6 per cent. | 0 | |
RBI hikes repo rate by 50 bps to 5.4%, highest level since pre-Covid. The Reserve Bank of India on Friday increased the policy repo rate by 50 basis points to 5.4 per cent, governor Shaktikanta Das announced. | 0 | |
RBI’s 50bps repo-rate hike: How will it impact your money?. Central banks typically raise the benchmark repo rate – the interest rate at which commercial banks borrow money by selling their securities to the Reserve Bank – to shrink money supply in the economy | 0 | |
RBI set to hike policy repo rate tomorrow; your home loan EMIs may go up. The second bi-monthly meeting of the RBI Monetary Policy Committee started on Wednesday. RBI governor Shaktikanta Das is scheduled to announce the Monetary Policy Committee decisions on Friday morning. | 0 | |
India forex reserves 4th largest globally, says RBI governor . RBI governor Shaktikanta Das announced hike in repo rates for third time in a row. | 0 | |
Markets end in green: Sensex, Nifty finish marginally higher. The 30-share BSE Sensex ended 89.13 points or 0.15 per cent higher at 58,387.93 after facing volatility during the fag-end of trade. During the day, it climbed 350.39 points or 0.60 per cent to 58,649.19. | 0 | |
US employers add 528,000 jobs; unemployment falls to 3.5%. July's job creation was 130,000 more than than those produced in June, and the most since February. | 0 | |
SBI net profit dips 7% to ₹6,068 crore in Q1. On a consolidated basis, SBI's net profit fell marginally to ₹7,325.11 crore compared to ₹7,379.91 crore in the same quarter a year ago. | 0 | |
Falguni Nayar's Nykaa to acquire this digital lifestyle firm. FSN E-commerce, which operates under Nykaa brand name, did not disclose the deal value but said that the acquisition aligns with Nykaa's fundamental content-first approach to engaging with its loyal consumer base. | 0 | |
Paytm’s quarterly loss widens almost 70% on costs. Paytm’s loss was probably also affected by intensifying competition with the likes of Alphabet Inc.’s Google Pay, Amazon.com Inc.’s Amazon Pay and Walmart Inc.’s PhonePe, and a slew of smaller fintech startups. | 0 | |
OnePlus 10T is a curious phone tasked with correcting generation gaps. The OnePlus 10T is priced at ₹49,999 for the entry spec variant (that’s 8GB RAM and 128GB storage) and ₹54,999 (12GB + 256GB) | 0 | |
Berkshire Hathaway posts huge quarterly loss; operating results improve. Berkshire's net loss was equivalent to $29,754 per Class A share. Net income had been $28.1 billion, or $18,488 per Class A share, a year earlier. | 0 | |
‘Over a million vacant jobs’: Canada May govt data signals hope. Employers in Canada were looking to fill over 1 million jobs in May, data suggests. | 0 | |
Relief to refiners: Crude oil import price falls below $100 in Aug 1st week. According to official data, India’s average petrol price benchmark in the first week of August fell 27% to $108.78 per barrel compared to the average monthly peak in June at $148.82 a barrel. | 0 | |
Income Tax Return: Here’s how you can check your ITR refund status online. The Income-Tax Department offers taxpayers to check their ITR refund status after 10 days of their ITR filing. Those taxpayers who have filed their ITR more than 10 days ago and are still awaiting their ITR refund can check their refund status o... | 0 | |
Ed-tech companies aim hybrid route, mergers for business sustainability: experts. Post-Covid, world has become a combination of online and offline learning. Therefore, ed startups along with the unicorns are eyeing the hybrid retail model | 0 | |
What is a mutual fund? Here's all you need to know about this investment scheme. Mutual funds often generate a lot of curiosity among professionals who are seeking to invest their hard-earned money for saving purposes. But what exactly is a mutual fund? | 0 | |
Amazon shrinks staff by 100,000, joining Netflix and Google in hiring slowdown. Amazon said in April that it was overstaffed after ramping up during the pandemic and needed to cut back. | 0 | |
Meta's pandemic-era forecast was too rosy: Mark Zuckerberg. Meta staffers, who like many tech employees are paid partly in stock units, saw their compensation effectively slashed this year as the stock price tumbled on news of stalling growth. | 0 | |
Income Tax Return: Use Aadhaar-based OTP to verify ITRs. Details here. ITRs should be verified within a month of being filed or else these will not be processed. | 0 | |
Will India face Sri Lanka, Pakistan-like economic crisis? Raghuram Rajan's reply. Raghuram Rajan said India has sufficient foreign exchange reserves. The RBI has done a good job in increasing the reserves. | 0 | |
5G spectrum sale nears ₹1.50 lakh crore mark on Day 5; bidding to resume on Sunday. Billionaire Mukesh Ambani's Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and a unit of billionaire Gautam Adani's flagship Adani Enterprises are in the race to bid for the 5G spectrum, which offers speeds about 10 times f... | 0 | |
Changes to several rules will come into effect from August 1. Details here. Any update made by banks and other institutions to any of their respective guidelines generally comes into force from the first day of the coming month. | 0 | |
Lufthansa faces more turmoil after pilots back potential strikes. Pilot strikes at Europe’s biggest airline would add to a summer of chaos across the continent, where airports and airlines have struggled to accommodate a surge in bookings compared with the pandemic-induced slowdown. | 0 | |
With $208 billion in fortunes, Ambani and Adani start to face off. After peacefully expanding in their respective domains for over two decades, Asia’s two richest men are increasingly treading the same ground, as Adani in particular sets his sights beyond his traditional areas of focus. | 0 | |
LPG price cut: 19-kg commercial cylinder gets cheaper by ₹36. Check rates in your city. The price of a 19-kg commercial LPG cylinder in Delhi dropped from ₹2012.50 to ₹1,976, with a reduction of ₹36. | 0 | |
Stock market holidays in August 2022: BSE, NSE closed today due to Muharram. Stock market holidays in August 2022: Also, there will be no trading on August 15 (Independence Day) and 31 (Ganesh Chaturthi). | 0 | |
RBI monetary policy: Repo rate hiked by 50 bps; third consecutive rise. RBI increasing interest rates was widely expected and a Bloomberg forecast of economists had correctly predicted the 50 basis point interest rate hike | 0 | |
Rupee rises by 22 paise to close at 79.02 against US dollar. The rupee touched a high of 79.00 and a low of 79.22 before settling at 79.02 (provisional). | 0 |
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