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Paytm share price at near 6-month high post Q1 results. To buy, sell or hold?. While brokerage firms CLSA and JM Financial gave a ‘sell’ tag, Dolat Capital saw a ‘big upside’ in the counter, a report said. | 0 | |
Indian oil corp unit in Sri Lanka to open 50 new fuel stations to fight crisis. The company has also stepped up supplies to Ceylon Petroleum Corporation (CPC) in the last two months after Sri Lanka ran short of dollars to pay for shipments. | 0 | |
Commerce ministry recommends anti-dumping duty on Chinese cutting tool. The tool is used in various sectors ranging from welding and cutting. Countries initiate anti-dumping probes to check if their domestic industries have been hurt because of a surge in below-cost imports. | 0 | |
No 8th pay commission to revise central govt employees' salaries? Centre replies. The central pay commissioners are constituted to go into various issues of pay structure, retirement benefits and other service conditions of the central government employees. The seventh Central Pay Commission was reportedly set up by th... | 0 | |
SpiceJet loans placed in high-risk category by banks: Report. Shares in SpiceJet fell as much as 4.8% on the news. The stock is down 30% so far this year. | 0 | |
Adani Ports Q1 net profit drops 17 pc to ₹1,091.56 cr. The country's largest integrated logistics player had clocked a consolidated net profit of ₹1,312.9 crore in the corresponding period a year ago, according to a regulatory filing. | 0 | |
Number Theory: Why rupee depreciation is bad, not good news. Any currency depreciation may trigger two opposite effects on the domestic economy - an inflationary impact which occurs through an increase in the cost of importable goods, and a positive impact on the economy if it makes exports cheaper in global markets an... | 0 | |
Sonos’ affordability pursuit with the Ray soundbar leaves a lot on the table. The good thing is, the Sonos sound signature doesn’t seem to have been compromised, which should hold this in good stead against competition which includes the Sony HT-S40R | 0 | |
Entered incorrect information while filing ITR? Here's how to rectify the errors. Taxpayers can visit the IT department's e-filing portal and rectify incorrect details entered while closing tax returns. | 0 | |
China conducts surprise audit of $3 trillion trust industry. China’s top auditor undertakes an unplanned audit of the $3 trillion trust industry that paves way for a potential overtake of a key shadow banking sector where losses on property loans are mounting. | 0 | |
Goldman sees 25% Australia recession odds, 30-35% in New Zealand. Goldman economists reviewed 75 years of data to identify leading indicators of recessions in the antipodean economies and quantify the risks over the next year. | 0 | |
Petrol, diesel prices in India on August 9. Check fuel rates in your city. Petrol, diesel prices today: On Tuesday, fuel rates were left unchanged for the eightieth consecutive day. | 0 | |
US Prez signs major semiconductors investment bill to compete against China. The Chips and Science Act includes around $52 billion to promote production of microchips, the tiny but powerful and relatively hard-to-make components at the heart of almost every modern piece of machinery. | 0 | |
Elon Musk just sold $6.9 billion of Tesla stocks. Why?. Elon Musk sold $6.9 billion of his shares in Tesla Inc.--the billionaire’s biggest sale on record. | 0 | |
Income Tax Return: After rectifying details, check request status. Read here. If incorrect information is entered, taxpayers, besides receiving notice from the IT department, also stand to lose their tax refunds. | 0 | |
Wall Street roars after inflation cools more than expected. The S&P 500 was 1.9% higher amid a widespread rally that launched after a report showed the nation's biggest economic challenge, inflation, slowed to 8.5% at the consumer level last month from 9.1% in June. | 0 | |
India best place to invest in tech, startups: Global CEOs. The CEOs were speaking at an event in Gurugram on Wednesday organised by Indiaspora, a non-profit organisation established in 2012 with an aim to inspire and position the global Indian diaspora as a “force for good”. | 0 | |
MRF Q1 consolidated profit from continuing operations falls to ₹124 crore. The company, which had posted a consolidated profit for the period from continuing operations of ₹165.58 crore in the year-ago period, said its board has approved raising of ₹100 crore through issuance of non-convertible debentures on a private ... | 0 | |
Raksha Bandhan 2022: Are banks functional today?. Raksha Bandhan 2022: There is confusion this year over the festival's date, whether August 11 or 12. | 0 | |
Samsung stretches foldable phone influence even though it’s still a lonely race. With both the Galaxy Z Fold 4 and Galaxy Z Flip 4, Samsung has made them better where they needed to be better | 0 | |
Sensex jumps 515 points to settle at 59,332, Nifty rises to close at 17,659. Axis Bank was the top gainer in the Sensex pack, climbing 2.75 per cent, followed by Bajaj Finance, HDFC, Tech Mahindra, Wipro, SBI, TCS and IndusInd Bank. | 0 | |
‘Don’t summon CEOs in first instance’: CBIC’s 10 commandments to GST officials. The CBIC circular asked GST officials to avoid issuing summons to seek statutory documents which are already available online on the GST portal | 0 | |
India to be fastest growing economy in the world this year: Govt source. While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output. | 0 | |
Can 5G in India unlock demand amidst tough times for the smartphone market?. While shipments of 5G phones grew 163% year-on-year in the last quarter, less than 10% of all smartphones active in India, are already 5G capable. | 0 | |
At 57th AGM of Vedanta Resources, chairman says FY22 best year for company. Giving details about the company's growth plans, Vedanta Resources Ltd chairman Agarwal said that for FY 23, Vedanta planned around $ 2 billion Capex investment in zinc, oil and gas and aluminium. | 0 | |
Janmashtami 2022: Is today a public holiday? Will banks remain open? Know here. There was a lot of confusion regarding which day was Janmashtami this year. The festival is being celebrated on August 18 and 19 as the time of the Ashtami Tithi overlapped on both days, according to Vedic Panchang. | 0 | |
How public sector banks are performing vis a vis private banks. In its latest bulletin, the article by experts said that the public sector banks have performed better in terms of promoting financial inclusion. | 0 | |
Oil at 6-month low, petrol at breakeven but no price cuts yet. The world's best-known crude benchmark, Brent was trading at USD 94.91 per barrel on Thursday after concerns of a global recession led to it slipping to a six-month low of USD 91.51 on the previous day. | 0 | |
Nothing, OnePlus and Samsung would do well to not ignore the Vivo V25 Pro. Vivo shouldn’t have any misconception about the magnitude of the task that lies ahead for its latest smartphone effort, the V25 Pro | 0 | |
Centre slashes windfall tax on domestic crude oil: Report. India first imposed windfall profit taxes on July 1, joining a growing number of nations that taxes super normal profits of energy companies. But international oil prices have cooled since then, eroding profit margins of both oil producers and refiners. | 0 | |
Markets settle marginally higher on fag-end buying. After a largely choppy session, the 30-share BSE index ended 37.87 points or 0.06 per cent higher at 60,298 after starting the trade on a weak note. | 0 | |
Amazon tests TikTok-style feed on its app: Report. The feature, called Inspire, allows customers to like, save and share posts of products, and purchase products directly from the feed, according to Watchful Technologies, an artificial intelligence firm from Israel, news agency AP reported. | 0 | |
Bitcoin Drops to Three-Week Low as Global Markets Turn Risk Off. Cryptocurrencies suffered a sharp selloff as global markets retreated after US Federal Reserve officials reiterated their resolve to keep raising interest rates until inflation is contained. | 0 | |
‘Unacceptably, uncomfortably high’: RBI governor on unabating inflation. At the 37th MPC meeting held earlier this month, RBI governor Shaktikanta Das said sustained high inflation could cause “unanchoring of inflation expectations and their second order effects”. | 0 | |
Go Digit Insurance files papers with SEBI for IPO. Virat Kohli & Anushka Sharma are among investors. Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of the customers. | 0 | |
Big test for Paytm's Vijay Shekhar Sharma after IPO flop; will he remain as CEO?. Paytm, the poster boy for India’s tech startups, has lost more than 60% of its value since its high-profile initial public offering in November as it has struggled to convince investors of its earnings potential. | 0 | |
PNB's flexi recurring deposit scheme: Eligibility, terms & conditions, and features. Arguably the biggest feature of this policy is that there is no penalty even if you miss your installments. | 0 | |
Closing bell: Sensex tanks over 600 pts to end day at 59,646; Nifty below 17,800. The 30 stock S&P BSE Sensex was trading 658.14 points or 1.09 per cent down at 59,639.86 points at 12.59 pm against its previous day's close at 60,298.00 points. | 0 | |
Adani to launch open offer for ACC and Ambuja Cements on August 26. Markets regulator Sebi granted approval for the open offer this week. The open offer is estimated at over ₹31,000 crore if fully subscribed. | 0 | |
Want to buy iPhone XR? Flipkart has offers on these variants. Apple launched its XR line of iPhones in September 2018. | 0 | |
‘Views of authors’: RBI clarifies on article on privatisation of public banks. The article had experts stating that the recent mega merger of public sector banks had resulted in the consolidation of the sector, creating stronger and more robust and competitive banks. | 0 | |
I-T dept allows taxpayers more time to claim credit for taxes paid outside India. So far, Foreign Tax Credit (FTC) could have been claimed only if Form- 67 along with necessary documents were filed within the due date for filing the original return, thereby restricting the ability to claim credit for taxes paid outside... | 0 | |
L&T's big investment to boost green energy value chain. The statement comes in the wake of Larsen & Toubro (L&T) planning to achieve water and carbon neutrality by 2035 and 2040, respectively. | 0 | |
Vijay Shekhar Sharma reappointed as Paytm MD and CEO amid IPO slump. During the company's 22nd annual general meeting, the shareholders voted with 99.67 per cent majority in favour of Sharma's reappointment as the managing director and the CEO, Paytm said in a statement. | 0 | |
Markets open week in red: Sensex down over 400 points to 59,226; Nifty at 17,617. From the Sensex pack, Kotak Mahindra Bank, Tata Steel, Wipro, Tech Mahindra, Axis Bank, Bajaj Finserv, Bajaj Finance, HCL Technologies and IndusInd Bank were the major laggards. | 0 | |
Relief as Centre says not considering levying any charge on UPI transactions. The Centre also said other means would be worked out for UPI platforms to recover the cost of their services. | 0 | |
Record 72.42 lakh ITRs filed on July 31 deadline; cumulative count at 5.83 crore. "The surge of filing ITRs peaked on July 31, 2022 (due date for salaried taxpayers and other non-tax audit cases) with over 72.42 lakh ITRs being filed on a single day," according to an official statement issued on Monday. | 0 | |
Is the US economy in recession? Here are 8 offbeat indicators to watch. Technically, the call is made by a panel of experts looking at monthly indicators of employment, consumer spending, personal income and manufacturing, among others. But with inflation at a four-decade high, many Americans already feel like the coun... | 0 | |
Pelosi’s Taiwan trip hits China stocks amid fears of military escalation. Traders are bracing for US House Speaker Nancy Pelosi’s expected arrival in Taipei Tuesday to raise tensions with China, with stocks sliding and haven assets such as the yen and Treasuries climbing. | 0 | |
Tips for millennials for a sound financial planning. Economist and finance expert Sharad Kohli shares some tips for the millennials to manage their finances well | 0 | |
Sensex extends winning run to 5th straight session, closes 21 points higher. The 30 stock S&P BSE Sensex ended the day at 58,136.36 points, which is 20.86 points or 0.04 per cent higher when compared with its previous day's close at 58,115.50 points. | 0 | |
Uber likely to sell 7.8% stake in Zomato, says report . The offer size of $373 million was based on the lower end of a 48-54 rupee price range set for the block deal, the document showed. | 0 | |
'Nobody in denial about price rise, but Indian economy...': Sitharaman in Rajya Sabha. Addressing the opposition’s concerns on inflation, Sitharaman said both - the government and the Reserve Bank of India, are taking steps to bring down inflation below 7 per cent and further under 6 per cent. | 0 | |
Indian shares inch up as metal, energy stocks gain. The NSE Nifty 50 index was up 0.16% at 17,372.85, as of 0352 GMT, and the S&P BSE Sensex rose 0.21% to 58,256.39. | 0 | |
Filed your ITR? Here are 5 rules you should know about income tax refunds. This year, the IT department received a total of 5.83 crore ITRs till the due date of July 31, of which a record 72.42 lakh were filed on the final day. | 0 | |
Zomato shares drop as stake matching Uber’s put up for sale. Zomato fell as much as 9.5% in Mumbai shortly after opening on Wednesday, before paring the drop to 1.6% at 54.65 rupees as of 9:55am local time. | 0 | |
How India’s 5G mobile networks will guide your next smartphone purchase. For phones that support 5G bands in India, users should be able to seamlessly upgrade to 5G services and not necessarily have to worry about buying another phone | 0 | |
Sensex rises for 6th straight session; closes 214 points higher. The 30 stock S&P BSE Sensex jumped 214.17 points or 0.37 per cent to 58,350.53 points against its previous day's close at 58,136.36 points. | 0 | |
Dearness allowance for govt staff, pensioners: All you need to know. Dearness allowance news: The current DA rate for central government employees is 34%, a revision of 3% over the previous rate. | 0 | |
Why is former CEO blamed for the economic turmoil in startup she co-founded?. Zilingo's turmoil highlights an apparent lax internal corporate governance culture that's not uncommon in the start-up industry. For two years, the company failed to file annual financial statements, a basic requirement for all businesses of ... | 0 | |
Flipkart's ‘Big Saving Days’ from August 6 to 10: All you need to know. The sale, which begins on midnight of August 6, will offer discounts of up to 80% on products and services. | 0 | |
China hits Taiwan with fresh trade curbs amid Nancy Pelosi's visit. China is Taiwan’s largest trading partner, with bilateral trade rising 26% on year to $328.3 billion last year. | 0 | |
Johnson & Johnson drops talc based baby powder in 2023, shifts to cornstarch. The health conglomerate, which maintains the product is safe, has for almost a decade faced lawsuits accusing it of hiding cancer risks tied to its talc-based baby powder. The company had earlier dropped its legacy tac-based baby powder-from ... | 0 | |
Huawei earned $44.8 billion, revenue down 5.9 percent in first half of 2022. Weak global demand due to the pandemic, as well as a 2019 US blacklisting that snarled its supply chains, have hurt the company's device business, which sells smartphones and laptops, says company's spokesperson. | 0 | |
Will a baseball card auction determine how much is Mark Zuckerberg worth?. Facebook co-founder Mark Zuckerberg is said to be keenly interested in the auction, especially as a way to promote NFT technology in general, but also to help promote NFTs across his company's platforms | 0 | |
Retail inflation falls to 6.71% for July: Govt data. In June, retail inflation was at 7.01 per cent and it stood at 5.59 per cent in July 2021. | 0 | |
Sensex up 130 points to close at 59,462; Nifty ends session at 17,699. Sensex up 130 points to close at 59,462; Nifty ends session at 17,699. | 0 | |
Income tax payers barred from enrolling in Atal Pension Yojana from Oct 1. The government introduced Atal Pension Yojana on June 1, 2015, to provide social security to workers mainly in the unorganised sector. Subscribers of the scheme get a minimum guaranteed pension of ₹1,000 to ₹5,000 per month after attaining 60 ye... | 0 | |
How to deposit money in your National Pension Scheme account via UPI?. At present, contributions to the pension scheme account were available using net banking. With the introduction of UPI method, the contributions have become easy and flexible. | 0 | |
Corporate tax collection jumps by 34% between April and July this year. The tax department said that the collections in 2021 were higher than the collections in financial year 2018-19 (pre-Covid) by over nine per cent. | 0 | |
Russian promoted Indian oil refinery posts record profit of about $447 million. Nayara posted a net profit of about 35.64 billion rupees($447.5 million) in the June quarter compared to a net loss of 1.39 billion rupees a year earlier, it said in a late evening stock exchange filing on Friday. | 0 | |
Average office rent up 8% in Delhi-NCR in January-June this year: Report. In its latest report 'India Market Watch Office – H1 2022', Savills mentioned that the Delhi-NCR witnessed gross absorption of 5.6 million square feet in H1 (January-June) 2022, up by 194 per cent from H1 2021. | 0 | |
No GST on residential unit if rented out for personal use: Finance ministry. The government’s official Twitter handle has also clarified that renting a residential unit is taxable only when it is rented to a business entity. | 0 | |
Britain suddenly sees huge population giving up their pets. Here's why. The trend, which follows a surge in demand for pets during COVID-19 pandemic lockdowns in a country known for its love of animals, comes as households brace for energy bills to more than triple in January on last year, hammering people's incomes. | 0 | |
‘Inspired an entire generation’: World of business on Jhunjhunwala's death. Known for his mastery in trading of stocks for long-term investing, Rakesh Jhunjhunwala was a self-made trader who rose to become one of the most influential market voices in India. | 0 | |
Rakesh Jhunjhunwala: The 'Big Bull', Akasa Air co-founder | 5 things to know. Often referred to as 'India's Warren Buffett' and the Big Bull of Indian markets, Jhunjhunwala's net worth was USD 5.8 billion, according to Forbes. | 0 | |
Bitcoin trades above $25,000 for first time since mid-June. The largest cryptocurrency gained 1.6% to $24,882 around 4 a.m. New York time after rising over 2% to trade above the $25,000 mark. It’s still down 46.5% year-to-date. | 0 | |
5 quotes by 'India's Warren Buffet' Rakesh Jhunjhunwala to inspire investors. Veteran investor Rakesh Jhunjhunwala was a leading icon in India's stock markets scene. In his time, Jhunjhunwala has shared many words of wisdom that will continue to inspire the aspirants of the trade. | 0 | |
Rakesh Jhunjhunwala’s legacy grew richer with Akasa Air, India’s newest airline. Rakesh Jhunjhunwala died on Sunday morning in Mumbai. He was 62. His death led to outpouring of condolences from across the country. | 0 | |
LIC rolls out Saral Pension scheme. Here's what you need to know. LIC Saral Pension plan: It is a standard immediate annuity plan according to the guidelines of the Insurance Regulatory and Development Authority of India (IRDAI) that provides the same terms and conditions across all the insurers. | 0 | |
Sebi bars Biocon official for insider trading for 3 months. Shreehas P Tambe, Biocon's senior vice president, traded in the shares of the company between December 19-27, 2017, in violation of market norms. | 0 | |
NCLAT allows withdrawal of insolvency case against Oyo. The Federation of Hotel and Restaurant Associations of India (FHRAI) had said in May that it was allowed by NCLAT to act on behalf of the affected hotel owners in the insolvency case against OYO’s subsidiary. | 0 | |
Adani group takes over management of Mumbai airport. This follows approvals received from the Central Government, the City and Industrial Development Corporation (CIDCO) of Maharashtra, and the Government of Maharashtra. | 0 | |
Financial inclusion will continue to be a policy priority: Das. RBI chief said that greater focus is now being given to addressing the weaker sections of the economy | 0 | |
Centre releases ₹75,000 cr to states. The total GST compensation that states would be getting in FY22 would be ₹2.59 lakh crore. | 0 | |
Indian spot gold rate and silver price on Monday, Jul 19, 2021. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Monday, Jul 19, 2021 | 0 | |
Clean Science shares jump over 98% in debut trade. Clean Science initial public offer (IPO) was subscribed 93.41 times earlier in July. The ₹1,546.62-crore initial public offering (IPO) was priced in a range of ₹880-900 per share. | 0 | |
BharatPe offers BMW bikes, gadget package to ramp up hiring: Report. BharatPe currently is the third largest player in (POS) category. The company has raised close to $300 million in equity and debt, till date. It had last month acquired Payback India, the country's largest multi-brand loyalty programme with over 100 m... | 0 | |
Sensex plunges over 500 points to open at 52,606; Nifty trades at 15,754. HDFC Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by HDFC, IndusInd Bank, Kotak Bank, Axis Bank and ICICI Bank. | 0 | |
HDFC Bank shares tumble over 3% after Q1 earnings. The stock went lower by 3.34 per cent to close at ₹1,470.95 on the BSE. During the day, it tumbled 3.65 per cent to ₹1,466.15. On the NSE, it dipped 3.37 per cent to close at ₹1,471. | 0 | |
China's Evergrande seeks new sources of funding its bottled water business. Shares and dollar bonds of Evergrande slumped Monday after a court ordered the freezing of a bank deposit held by its onshore division. | 0 | |
Adani firms under Sebi’s lens: Fin Min. The ministry also said that there was no ongoing investigation by the Enforcement Directorate. | 0 | |
NCLAT stays Twin Star’s Videocon bid. Twin Star Technologies has offered to pay ₹2,962 crore for all 13 group firms of Videocon against admitted claims of ₹64,838 crore. | 0 | |
RBI penalises 14 banks for rule violations. They are Bandhan Bank, Bank of Baroda, Bank of Maharashtra, Central Bank of India, Credit Suisse, Indian Bank, IndusInd Bank, Karnataka Bank, Karur Vysya Bank, Punjab and Sind Bank, South Indian Bank, State Bank of India, Jammu & Kashmir Bank and Utkarsh Small Finance Bank. | 0 | |
The state of the rural economy. India’s rural economy is much more than the farm sector. There exist both headwinds and tailwinds to the rural economy at the moment. | 0 | |
Spurt in e-way bills points to recovery. Data show that daily average e-way bills in July was 1.97 mn, an 8.5% rise from June | 0 | |
Superbikes to T20 World Cup tickets: Startups go all in to attract talent. Fintech firm BharatPe on Monday offered several perks, including superbikes, to new tech team hires. | 0 | |
Indian spot gold rate and silver price on Tuesday, Jul 20, 2021. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Tuesday, Jul 20, 2021 | 0 | |
ACC shares jump to 52-week high after strong quarter earnings. ACC shares on Monday settled at ₹2,150.65 on BSE, or up 1.01 per cent, from the previous close. | 0 | |
Zomato IPO: Know when and how to check share allotment status. Zomato IPO received an overwhelming response from investors and saw oversubscription of 38.25 times on the back of strong response from QIBs and retail buyers. | 0 |
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