Business

Fiscal Deficit At 46.5% Of Full-Year Target At October-End: Official Data

Last Updated:November 29, 2024, 17:16 IST In absolute terms, the fiscal deficit — the gap between government’s expenditure and revenue — was at Rs 7,50,824 crore during April-October period. India’s latest fiscal deficit data has been released. The Centre’s fiscal deficit at the end of the first seven months of financial year 2024-25 touched 46.5 […]

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Rate Cuts Expected To Optimise Home Affordability In Next 12 Months: Report

Last Updated:November 27, 2024, 18:28 IST Despite year-on-year (YoY) decline in affordability since 2022 due to price hikes and stagnant interest rates, most markets are anticipated to see improved affordability levels by 2025, except for Delhi-NCR and Bengaluru, says JLL in its report. Residential sales are expected to reach an impressive 3,05,000-3,10,000 units by the […]

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AI Could Cut Work To 3.5 Days A Week, Says JP Morgan CEO Jamie Dimon

Last Updated:November 27, 2024, 16:41 IST Jamie Dimon stated that AI is a “living and evolving technology,” which has the potential to change business processes. AI is predicted to affect 300 million jobs globally. The co-founder of Infosys Narayana Murthy has been infamously grabbing headlines for his controversial words about work culture, where he advised […]

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Edible Oil Body SEA Urges Govt to Lift Ban on Commodity Futures Trading

Last Updated:November 25, 2024, 16:47 IST The industry was hopeful that the suspension would be lifted to enable smoother operations, but the continuation of this restriction has further weakened an essential risk mitigation tool, says SEA President Sanjeev Asthana. According to SEA, studies have shown futures trading does not significantly drive inflation, a key concern […]

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Maharashtra Election Results: Stock Markets May Resume Upward Movement But Geopolitics, Earnings Remain Concern

Last Updated:November 24, 2024, 16:31 IST Maharashtra Elections and the Stock Market: Experts say though weak earnings, a strong dollar, FPI outflows, and geopolitical events still remain a concern; the share market is now expected to get a boost on the back of a strong government in India’s biggest financial hub. The Maharashtra election result […]

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New Tax Regime vs Old Tax Regime: Which One Should You Choose For Rs 10 Lakh Annual Income?

Last Updated:November 23, 2024, 17:53 IST For a Rs 10 lakh income, the new tax regime saves Rs 25,900 in taxes. However, the old regime benefits more if deductions are maximised Taxpayers should make the right choice based on their income, expenses and investment plans. (Representative/Shutterstock) In the budget for the financial year 2024-25, the […]

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Bitcoin Price Today: Only 1.5% Away From $100,000; Report Pegs Crypto At $200,000 In 2025

Last Updated:November 22, 2024, 16:44 IST Bitcoin Price Today: The crypto is currently trading at $98,477.9, which is 1.5 per cent away from the $100,000 psychological mark. As Bitcoin approaches the critical $100,000 milestone, the market’s focus is shifting toward the crypto as the dominant force. Bitcoin is approaching $100,000, with the world’s largest cryptocurrency […]

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93% of Indian Executives See Increase In Cyber Budget Next Year: PWC Report

Last Updated:November 21, 2024, 16:39 IST Indian executives rank cybersecurity as their top risk mitigation priority (61%), followed by digital and technology risks (60%), inflation (48%), and environmental risks (30%) for the next 12 months, as per findings from PwC’s 2025 Digital Trust Insights – India Highlights. Cloud-related threats remain a prime worry, cited by […]

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Credit Score Vs Credit Report: What Are These, How To Keep Them In Good Shape?

Last Updated:November 20, 2024, 18:44 IST A credit score is a three-digit number ranging between 300 and 900, used to evaluate your creditworthiness, while a credit report is a detailed document prepared by credit bureaus like CIBIL, Experian, Equifax, or CRIF High Mark. A higher credit score indicates better financial discipline, making you an attractive […]

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From UAE Malls To Nepal Treks, Paytm UPI Now Accepted Abroad, Check Locations And Other Details

Last Updated:November 19, 2024, 17:29 IST Indian travellers can now make cashless, seamless payments abroad through the Paytm app at destinations where UPI is accepted Paytm’s UPI International service allows travellers to make cashless payments at renowned destinations. One97 Communications Limited, which owns the brand Paytm, the payments and financial services distribution company, has enabled […]

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Bank Interest Rates Have To Be Far More Affordable, Current Rates Stressful: Nirmala Sitharaman FM

Last Updated:November 18, 2024, 18:50 IST On inflation, FM Nirmala Sitharaman says a set of three or four perishable commodities is driving the headline inflation, currently, and the rest of it, the core items, are at manageable levels of three or four per cent. Finance Minister Nirmala Sitharaman speaks at an event organised by SBI. […]

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Global Trends To Shape Equity Markets: Analysts Weigh In On FII Trading Activity

Last Updated:November 17, 2024, 15:21 IST Trading activity of foreign investors and global trends will be the major driving factors for the equity markets Last week, the BSE benchmark gauge Sensex fell 1,906.01 points or 2.39 per cent. (Representative image) Trading activity of foreign investors and global trends will be the major driving factors for […]

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Massive Surge In India Google Searches For Legal Immigration, H1B Visa After Trump’s Win In US Polls

Last Updated:November 16, 2024, 23:42 IST The people in Punjab led the search for the query on Google, followed by those in Telangana, Andhra Pradesh, Haryana and Kerala. Donald Trump’s sweeping victory in the US Presidential elections last week has received mixed responses worldwide. (IMAGE: AP PHOTO) In interesting turns of events, search engine Google […]

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With An Aadhaar Card, These Senior Citizens Can Get Rs 5 Lakh Free Health Insurance

Last Updated:November 16, 2024, 15:56 IST Ayushman Bharat Card Download: Know which senior citizens can apply for the Ayushman card with Aadhaar Ayushman Bharat expands to cover all citizens aged 70+. In a significant move towards enhancing healthcare accessibility, the Ayushman Bharat Pradhan Mantri Jan Aarogya Yojana (AB PM-JAY) recently expanded its reach to include […]

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Hire Civil Servants From B-Schools Too: Narayana Murthy’s Pitch For Efficient Governance

Last Updated:November 15, 2024, 15:11 IST Speaking at the CNBC-TV18 Global Leadership Summit, Infosys co-founder NR Narayana Murthy batted for a more “dynamic and management-oriented” approach to governance Narayana Murthy said that the management approach focuses on achieving the impossible, while the administrative approach is often fixated on maintaining the status quo. (PTI/File) In a […]

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Guru Nanak Jayanti Bank Holiday: Are Banks Closed Today For Guru Nanak Jayanti?

Last Updated:November 15, 2024, 02:45 IST Banks will remain shut in several states on Friday, November 15, 2024, due to Guru Nanak Jayanti and Karthika Purnima. Check the state-wise list Bank Holiday Today Guru Nanak Jayanti Bank Holiday 2024: India is celebrating Guru Nanak Jayanti and Kartik Purnima tomorrow (Friday, November 15, 2024). On this occasion, […]

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Ola Electric In Trouble As CCPA Orders Probe Over Consumer Complaint Resolution Practices

Last Updated:November 14, 2024, 15:09 IST CCPA has launched a detailed investigation into Ola Electric following consumer complaints, challenging the company’s claim of resolving 99.10% of issues Ola Scooter (File Photo) The Central Consumer Protection Authority (CCPA) has initiated an in-depth investigation into numerous consumer complaints filed against Ola Electric, India’s leading electric vehicle manufacturer, […]

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This Country Generated Rs 5 Lakh Crore Revenue, Over 5 Lakh Jobs For India In Last One Year

Last Updated:November 13, 2024, 20:27 IST The Britain Meets India 2024 report highlighted the growing presence of UK businesses across India, showcasing a remarkable economic cooperation. Currently, 667 UK companies operate in India, and many are seeing robust growth. India and the United Kingdom share a thriving economic partnership, with UK businesses contributing significantly to […]

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YEIDA Plot Scheme Diwali 2024: How to Apply? Check Last Date, Eligibility, Other Key Details

Last Updated:November 13, 2024, 15:21 IST Check details about Yamuna Expressway authority plots and YEIDA plot scheme 2024 last date to apply online. Yamuna Expressway Authority Plots: Details About YEIDA Plots Scheme 2024. In a golden opportunity for homebuilders near the Noida Airport, the Yamuna Expressway Industrial Development Authority (YEIDA) launched the YEIDA Plot Scheme […]

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Zomato, Swiggy, Other Online Platforms Asked To Deliver Food Items With 45-day Shelf Life

Last Updated:November 12, 2024, 23:21 IST According to an official statement, Food Safety & Standards Authority of India (FSSAI) convened a meeting with e-commerce Food Business operators (FBOs) to reinforce compliance requirements for e-commerce FBOs Rao, who chaired the meeting, clarified that any product claims made on e-commerce platforms must align with the information provided […]

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India Inc Q2 Earnings: Jefferies’ Chris Wood Flags Steepest Earnings Downgrades Since 2020

Last Updated:November 12, 2024, 15:08 IST Jefferies pointed out that foreign investor activity has been a key pressure point for the broader stock market Jefferies’ India has also slashed its FY25 earnings estimates for 63 percent of the 121 companies under its coverage. In a recent GREED & fear note, Christopher Wood of Jefferies highlighted […]

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CNBC-TV18 To Mark 25th Anniversary With Global Leadership Summit On November 14

Last Updated:November 11, 2024, 23:33 IST The Global Leadership Summit 2024 will bring together policymakers, international leaders and influential personalities to discuss the future of business strategies, economic growth and innovation CNBC-TV18 will mark its 25th anniversary with the Global Leadership Summit 2024 at the Jio Convention Centre, BKC, in Mumbai on November 14. (Image: […]

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Market Sentiment Next Week Hinges On Q2 Earnings, Key Economic Data And FII Flows

Last Updated:November 10, 2024, 16:29 IST A host of domestic, global trends and trading activity of foreign investors will be the major driving factors for market this week Stock Market Update Next Week A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will […]

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Singapore Airlines To Invest Additional Rs 3,195 Crore In Air India Post-Vistara Merger

Last Updated:November 10, 2024, 14:58 IST Singapore Airlines will make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post merger of Vistara The merger will result in Singapore Airlines having a 25.1 per cent stake in the enlarged Air India.(Representative Image) Singapore Airlines will make an additional investment of Rs 3,194.5 […]

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SpiceJet Plans to Launch Seaplane Operations in 2025; Check Details

Last Updated:November 09, 2024, 14:25 IST New seaplane routes to revolutionise regional connectivity, connecting remote and iconic destinations across India. Andhra Pradesh Chief Minister N Chandrababu Naidu (left) with SpiceJet CMD Ajay Singh (centre) and Spice Shuttle CEO Avani Singh. SpiceJet on Saturday said it plans to launch seaplane operations in 2025, across 20 routes, […]

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TCS Reduces Variable Pay of Senior Level Employees for Q2 Amid Weak Demand

Last Updated:November 08, 2024, 18:27 IST While some employees received only 20-40 per cent of their expected variable pay, others saw no payout at all, according to a report. The variable pay at TCS depends upon both work-from-office attendance and the performance of individual business units. Tata Consultancy Services (TCS), India’s largest IT services company, […]

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China Approves $837 Billion Debt Package to Boost Its Flagging Economy

Last Updated:November 08, 2024, 14:58 IST China Finance Minister Lan Fo’an told a press conference Friday the six trillion yuan debt limit would be made available over three years to help regional governments replace their so-called “hidden debt”. China’s stimulus announcement was made at the conclusion of a five-day meeting by China’s top legislative body, […]

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Trump is Likely to Allow US Fed Chair to Serve Remainder of His Term, Adviser Says

Last Updated:November 08, 2024, 00:54 IST The adviser cautioned that US President-Elect Donald Trump could always change his mind, but his present view is that Powell should remain atop the central bank. President-elect Donald Trump appointed Jerome Powell to lead the Federal Reserve in November 2017. President-elect Donald Trump remains likely to allow Federal Reserve […]

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Rupee At All-Time Low: Experts Say Donald Trump’s Victory Likely to Hit Indian Currency Further

Last Updated:November 06, 2024, 13:42 IST Rupee At All-Time Low: Analysts say Donald Trump’s win in the US presidential elections is likely to affect the rupee adversely as his inflationary policies might push up the dollar. Though Donald Trump’s victory could affect the rupee adversely, analysts say currency adjustments can well be managed with the […]

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GST Evasion Of Rs 25,000 Crore Revealed In Major Crackdown On 18,000 Bogus Companies

Last Updated:November 05, 2024, 17:43 IST Tax officers have detected about 18,000 fake companies registered under GST which have been involved in tax evasion The government has been taking targeted action to check fake GST registration and more physical verification is taking place. Detection of Fake Companies Under GST: Tax officers have detected about 18,000 […]

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Finance Ministry Starts 4th Phase Of Regional Rural Banks Consolidation

Last Updated:November 05, 2024, 14:37 IST Finance Ministry initiated the 4th round of consolidation for Regional Rural Banks The Department of Financial Services has sought comments from the chiefs of sponsor banks of RRBs by November 20. In a bid to achieve operational efficiency and cost rationalisation, the Finance Ministry has initiated the fourth round […]

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Zomato CEO Responds to Mushroom Mislabeling Incident: ‘At Hyperpure, We Have Stringent Guidelines…’

Last Updated:November 04, 2024, 19:47 IST Zomato CEO Deepinder Goyal has addressed media reports on mislabeled packets of button mushrooms having a future packaging date at Zomato’s food supply platform, Hyperpure. Zomato CEO Deepinder Goyal. Zomato CEO Deepinder Goyal has addressed media reports on mislabeled packets of button mushrooms having a future packaging date at […]

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Apply Ayushman Card For 70 Years And Above: Here’s How To Register For Free Rs 5 Lakh Health Insurance

Last Updated:November 04, 2024, 14:24 IST Ayushman Bharat Card Download: Senior citizens can apply for the Ayushman card online Know How To Register For Free Rs 5 Lakh Health Insurance The Ayushman Bharat Pradhan Mantri Jan Aarogya Yojana (AB PM-JAY), the government-backed health insurance scheme for low-income groups, has now been extended to all senior […]

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Setback for Elon Musk As Parag Agrawal, Other Ex-Twitter Executives Can Pursue Severance Claims

Last Updated:November 03, 2024, 16:42 IST The executives filed a lawsuit in March, alleging that Musk cut them off before they could formally step down, thus denying them their agreed-upon severance packages. A judge ruled that former Twitter top executives could pursue their claims that Elon Musk fired them precisely at the time of the […]

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‘We Are in Touch with US Authorities to Clarify Issues’: MEA on Sanctions on Indian Entities

Last Updated:November 02, 2024, 16:22 IST MEA spokesperson Randhir Jaiswal says we are working with all relevant departments and agencies to sensitise Indian companies on applicable export control provisions. The US has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia’s military-industrial base. (US Embassy in India) In the […]

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Punjab Govt Hikes DA By 4% For Employees, Pensioners

Last Updated:October 31, 2024, 14:22 IST The dearness allowance has been increased to 42 per cent from 38 per cent. Uttarakhand government also announced the DA hike earlier. On the eve of Diwali, Punjab Chief Minister Bhagwant Mann announced a hike of 4 per cent in Dearness Allowance for government employees and matching Dearness Relief […]

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Key Infra Sectors’ Growth Slows Down To 2% In September

Last Updated:October 30, 2024, 17:43 IST The growth in production of eight key infrastructure sectors slowed down to 2 per cent in September The eight core sectors contribute 40.27 per cent to the Index of Industrial Production which measures overall industrial growth. (Representative image) The growth in production of eight key infrastructure sectors slowed down […]

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Don’t Let Pig Butchering or Inheritance Scam Steal Your Halloween, Check 5 Tips To Spot Scary Frauds

Last Updated:October 30, 2024, 13:58 IST Fraudsters are becoming increasingly cunning, employing new tactics to prey on unsuspecting victims. Cybercriminals set up counterfeit storefronts, offering highly sought-after items at unbelievable prices. (Representative image) As Halloween approaches, it’s not just ghosts and ghouls lurking in the shadows—digital payment scams are on the rise too. Payments company […]

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Oil Firms Hike Commission Paid To Petrol Pump Dealers; No Change In Fuel Prices

Last Updated:October 29, 2024, 22:29 IST Stateowned fuel retailers on Tuesday hiked commission they pay to petrol pump dealers but there will be no change in retail petrol and diesel prices. Dealer commissions would vary according to sale and place. (Representative image) State-owned fuel retailers on Tuesday hiked commission paid to dealers on sale of […]

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Apple Exports iPhones Worth $6 Billion From India Amid Strategic Shift From China: Report

Last Updated:October 29, 2024, 13:22 IST Apple holds under 7% of India’s smartphone market The US tech giant exported nearly $6 billion of India-made iPhones Apple has significantly ramped up its iPhone exports from India, with a report indicating a 33% increase in the six months leading up to September. This expansion underscores Apple’s strategic […]

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8th Pay Commission Likely to Be Discussed in November, JCM to Raise Issue: Report

Last Updated:October 28, 2024, 12:39 IST The JCM meeting will take place next month, and clarity on 8th Pay Commission’s formation is certainly expected, says the Joint Consultative Machinery’s secretary. Deputy Chief Minister Chowna Mein announced the hike on Wednesday. The Joint Consultative Machinery (JCM), a platform for dialogue between the government and employees’ representatives […]

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How To Identify Real Gold? Check Purity With This Method

Last Updated:October 26, 2024, 16:35 IST To protect consumers, the government mandates specific standards, including hallmarking for authenticity. Know Your Gold: How to Verify Purity and Avoid Counterfeits Gold investment has been a valued tradition in India for centuries, embodying wealth, prosperity, and good fortune. In Indian culture, gold is frequently given as a gift […]

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Oversubscribed IPOs: How Shares Are Allotted When Demand Exceeds Supply

Last Updated:October 26, 2024, 10:27 IST When an IPO is oversubscribed, it means that demand for the company’s shares has exceeded the number of shares available for sale. Know how IPO allotment works if oversubscription IPO Oversubscribed Meaning: Imagine you’re eyeing an exciting new Initial Public Offering for a company. You’ve done your research, studied […]

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Income Disparity Falls 74.2% Since FY14, Direct Tax Collection Share Highest in 14 Years: SBI Study

Last Updated:October 25, 2024, 18:26 IST A comparison of disparity in income during AY15 and AY24 shows that there is a clear rightward shift in the income distribution curve, signifying people in lower income brackets are increasing their income to converge towards their share in population, says SBI. For people with income up to Rs […]

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TCS Ties Up with FICO to Bring Advanced Optimisation, Decision Management Solutions

Last Updated:October 24, 2024, 18:43 IST TCS and FICO are collaborating to develop solutions for various sectors, starting with reducing churn and optimising costs for telecom service providers. FICO says TCS brings deep industry expertise and unparalleled solution delivery. The country’s largest IT services firm TCS on Wednesday announced a tie-up with analytics software firm […]

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Network18’s Moneycontrol Pro Crosses 1 Million Paying Subscribers, India’s Largest News Subscription Platform Now Among Top 15 Globally

Last Updated: October 23, 2024, 00:03 IST Moneycontrol Pro has consistently expanded its array of cutting-edge features to help users invest in Indian markets. Image/News18 This milestone highlights Moneycontrol Pro’s reputation and track record as a trusted source of market intelligence for investors seeking in-depth, actionable insights to navigate India’s equity markets Moneycontrol Pro, a […]

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Are Corrugated Metal Fence Panels Weather-Resistant?

Corrugated Metal Fence Panels Weather Corrugated metal fence panels offer homeowners and designers a unique aesthetic and modern look that can add curb appeal and value to the property. They are available in a variety of color options and can be combined with wood or other materials to provide an appealing design that complements the […]

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Jeevan Pramaan Online: Here’s How To Get Digital Life Certificate For Pensioners

Jeevan Pramaan must be produced every year in November to authorised pension disbursing providers like banks and post offices Know how you can obtain a Life Certificate ‘Jeevan Pramaan’ online Jeevan Pramaan, also known as the Digital Life Certificate, is a digital service that uses biometrics to help pensioners. It simplifies the pension process for […]

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Markets in Motion: Q2 Earnings, Global Shifts and Foreign Investment Lead the Charge

Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. “The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical […]

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Alarming Spike: Heart-Related Insurance Claims Double In 5 Years, Average Claim Size Triples

The highest claim size recorded last year for heart-related treatment was around ₹50 lakhs. (Representative image) The data reveals significant shifts in the age demographics of individuals making heart-related insurance claims. In the past five years, heart-related insurance claims have doubled, while the average claim size has surged by three times, according to data from […]

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Interest Rate Cut At This Stage Could Be Premature, Risky: RBI Governor Shaktikanta Das

RBI Governor Shaktikanta Das. (File photo) Reserve Bank Governor Shaktikanta Das on Friday said that this stage would have been “premature” and “very very risky” Reserve Bank Governor Shaktikanta Das on Friday said that this stage would have been “premature” and “very very risky” as the retail inflation is still high, and future monetary policy […]

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RBI Bars Asirvad Micro Finance, DMI Finance, 2 Others from Loan Sanction, Disbursal

The RBI says it has been sensitising companies through various channels on the need to use their regulatory freedom responsibly and ensure fair, reasonable and transparent pricing. This action is based on material supervisory concerns observed in the Pricing Policy of these companies and the interest spread charged over their cost of funds, which are […]

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‘Corporate Manipulation’: Indian-Origin Industrialist Pankaj Oswal Claims Daughter Illegally Held In Uganda

Curated By: Shobhit Gupta Last Updated: October 15, 2024, 23:44 IST The Swiss industrialist has filed an urgent appeal with the United Nations Working Group on Arbitrary Detention, seeking international intervention in the matter. (Image: Insta/@vasundharaoswal) Pankaj Oswal claimed that Vasundhara was interrogated under inappropriate conditions and held for over 90 hours without access to […]

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Reliance Launches JioBharat V3, V4 4G Feature Phones With Jio Suite Apps At IMC 2024

Last Updated: October 15, 2024, 16:51 IST Reliance Jio has launched two new feature phones in the JioBharat series—V3 and V4—at the Indian Mobile Congress 2024. These 4G-enabled feature phones offer features such as live TV, UPI-based digital payments, and video streaming through the company’s suite of apps like JioTV, JioPay, and JioCinema, among others. […]

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Reliance Retail Q2 Results: RIL’s Retail Arm’s Revenue Slides From Last Year, EBITDA Rises To Rs 5,861 Crore

Reliance Retail Q2 financial results have been announced. Reliance Retail expanded to 18,946 outlets spread across 79.4 million sq ft across the country by the end of the three months. Reliance Industries Ltd reported its results for the quarter ended September 2024 on Monday, October 14. Reliance Retail reported a fall in revenue at […]

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CCPA Orders Ola to Offer Refund Choices To App Users, Provide Auto Ride Receipts

Consumers may choose refund via bank account or coupon in grievance redressal Process The Authority is headed by Chief Commissioner Nidhi Khare. In a landmark decision, the Central Consumer Protection Authority (CCPA) has directed Ola, a leading online ride-hailing platform, to implement a mechanism allowing consumers to choose their preferred method of refund—either directly to […]

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Real Estate Developers Expect Housing Demand Pick-Up this Festive Season, to Roll Out Attractive Offers

As the festive season graces India, the real estate market is poised for its traditional surge, fuelled by developer incentives and strong economic indicators. This year, a confluence of factors, including evolving buyer preferences and robust infrastructure development, is driving growth, particularly in emerging luxury hotspots like Gurugram. CBRE’s Festive Season Residential Outlook 2024 predicts […]

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New Model Risk Management Framework: A Game-Changer for Lenders and Borrowers

Authored by Durgesh Jaiswal & Niharika Gupta: In today’s fast-evolving financial landscape, the accuracy and reliability of credit models have become more crucial than ever. The Reserve Bank of India (RBI), in its circular issued on August 5, 2024, titled ‘Regulatory Principles for Management of Model Risks in Credit’, introduced a comprehensive regulatory framework that […]

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How India’s Insurance Watchdog Is Helping Health Cover Policyholders With Latest Changes

Empowering Policyholders: How IRDAI’s Regulatory Changes are Revolutionizing Health Insurance Now a policyholder can make a claim even if the policies are with multiple insurers. With a vision of ‘insurance for all by 2047’, the Insurance Regulatory and Development Authority of India (IRDAI) has been working to make insurance products a lot more customer-friendly. Some […]

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Paisabazaar Launches ‘Shield’ – A Solution to Fortify Digital Security Against Cyber Threats

Published By: Samreen Pall Last Updated: October 08, 2024, 18:09 IST Through ‘Shield,’ Paisabazaar can monitor and analyze API behavior in real time. (Photo: Business Standard) This innovative capability also supports comprehensive traffic analysis by capturing and examining data at various levels, from individual API requests to aggregated traffic patterns. Paisabazaar, India’s largest marketplace […]

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Hyundai Motor India IPO: Price Likely At Rs 1,865-1,960, Check Opening Date, Size, Recommendations

Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, is expected to be opened next week. According to news agency Reuters, the price band of the much-awaited Rs 25,000-crore initial share-sale is likely to be fixed at Rs 1,865-1,960 per share. This IPO marks a significant milestone for the Indian auto industry, […]

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Unified Pension Scheme: Government Expected to Notify Rules by October 15, 2024

UPS is being implemented by the Central Government, benefitting 23 lakh central government employees. (Image for representation: News18) The UPS will officially take effect from April 1, 2025. For those retiring under the NPS until March 31, 2025, pension benefits and arrears will be applicable. The rollout of the Unified Pension Scheme (UPS) is reportedly […]

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한 번에 두 명의 여성 파트타임 일자리를 가질 수 있을까?

일자리를 가질 수 있을까 여성은 남성보다 파트타임으로 일하는 이유로 가족이나 개인적 의무를 언급할 가능성이 더 높지만, 선택은 종종 가정의 요구에 의해 제한됩니다. 이러한 근로자 중 다수는 어린이 서커스를 돌보거나 학교 일정과 시험과 소득 필요성을 조화시키려는 어머니입니다. 다른 사람들은 “경험”이나 냉정한 현금 이상의 만족을 제공하는 방식으로 창의성과 기술을 사용하고자 할 수 있습니다. 여성 가족의 풀링 소득이 […]

Business

Analysts Forecast Market Movements Driven By RBI Rate Decision, West Asia Turmoil and FII Trading

The Reserve Bank of India’s (RBI’s) interest rate decision, Middle East conflict and the trading activity of foreign investors are the key factors that will dictate investors’ sentiment in the market this week, analysts said. Moreover, quarterly earnings from IT bellwether TCS, domestic macroeconomic data and movement in global oil benchmark Brent crude would also […]

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PM-Kisan 18th Installment: PM Modi Releases Rs 20,000 Crore for 9.4 Crore Farmers, Check Beneficiary Status

Under the PM-KISAN scheme, eligible farmers get Rs 2,000 every four months, which is Rs 6,000 annually. Prime Minister Narendra Modi has released the much-awaited 18th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme. Prime Minister Narendra Modi on Saturday released the 18th installment of the PM Kisan Samman Nidhi. A total of […]

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Railway Employees to Get Rs 2,029 Crore Bonus Ahead of Festive Season

The decision will benefit around Rs 12 lakh railway employees. (Representative image) Railway Employee Bonus 2024: Union Cabinet Approves Productivity-Linked Bonus For Railway Employees Railway Employee Bonus 2024: The Union Cabinet on Thursday approved payment of a productivity-linked bonus for over 11.72 lakh railway employees, Union Minister Ashwini Vaishnaw said. In a special meeting, the Union Cabinet […]

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ChatGPT Maker OpenAI Raises $6.6 Billion in Fresh Funding as it Moves Away from Non-Profit Roots

Microsoft pumped up OpenAI last year with a $10 billion investment in exchange for a large stake in the company’s future growth. The investment represents one of the biggest fundraising rounds in US history, and ranks as the largest in the past 17 years that doesn’t include money coming from a single deep-pocketed company, according […]

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India’s Manufacturing Sector Growth Slips to 8-month Low in September

As a result of rising purchasing prices, as well as greater labour costs and favourable demand conditions, manufacturers increased their charges in September. (Representative image) India’s manufacturing sector growth fell to an eight month low in September amid softer increase in factory production, sales and new export orders India’s manufacturing sector growth fell to an […]

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PPF, SCSS, SSY: Latest Interest Rates Of Small Saving Schemes

The finance ministry on September 30 reviewed the interest rates on small savings schemes, including public provident fund (PPF), National Savings Certificates (NSC) and Kisan Vikas Patra (KVP). However, no changes were announced for the quarter of October-December 2024. “The rates of interest on various small savings schemes for the third quarter of FY 2024-25, […]

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Equity vs Debt Mutual Funds: Know Key Differences, Risks, Returns and Taxation

For investors looking to invest wisely, understanding the key differences between equity mutual funds and debt mutual funds is crucial. These two popular investment options cater to different financial goals, risk appetites, and time horizons. Whether you’re aiming for long-term wealth creation or seeking safer, short-term returns, knowing how these funds operate will help you […]

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Zomato Co-founder Akriti Chopra Resigns After 13-Year Tenure

Last Updated: September 27, 2024, 22:21 IST Zomato co-founder Akriti Goyal (Image: X) Designated as senior management personnel, Chopra has tendered her resignation, with effect from September 27, 2024, Zomato said in a regulatory filing. Online food ordering and delivery platform Zomato on Friday said its co-founder and Chief People Officer Akriti Chopra has resigned […]

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Ghaziabad Development Authority Announces Auction of Over 175 Properties During Navratri

Last Updated: September 27, 2024, 13:46 IST According to Ghaziabad Development Authority officials, over 175 properties in Ghaziabad, including flats, land, and shops, will be available for sale through the auction process. (News18 Hindi) The GDA will auction land in various locations, including Vaishali Sector 6, Indirapuram, Koyal Enclave Scheme, Indraprastha Scheme, Ambedkar Road Housing […]

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Swiggy Files for IPO, Aims to Raise About $450 Million

Last Updated: September 26, 2024, 22:24 IST Existing shareholders including Accel India and Tencent Europe will sell about 185.3 million shares, the Bengaluru-based startup said in its draft prospectus. Swiggy’s long-awaited public listing comes amid a booming IPO market, with 198 companies having raised $7.1 billion in the year to Sept.4, more than double the […]

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Swiggy IPO Gets Sebi Approval: All You Need to Know About Rs 11,000-Crore Issue

Food and grocery delivery major Swiggy has received markets regulator Sebi’s clearance to launch its much-anticipated initial public offering (IPO), according to reports. The Rs 11,000-crore IPO is expected to be launched in November. Swiggy filed its offer document on April 30 through the confidential pre-filing route, keeping details undisclosed for the time being. Under […]

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Samsung Labour Strike Poses Serious Risk to Manufacturing Ecosystem: GTRI

Published By: Mohammad Haris Last Updated: September 23, 2024, 18:28 IST The labour strike at Korean electronics giant Samsung’s Sriperumbudur plant in Tamil Nadu poses a serious risk to the manufacturing ecosystem in the region, says GTRI. If the strike at Samsung’s Sriperumbudur plant is not resolved soon, India risks losing significant ground in its […]

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Indian Real Estate Market to Jump Manifold by 2047, May Touch $10 Trillion: CREDAI-Colliers

The real estate growth narrative will expand beyond the boundaries of large cities and reach multiple smaller cities. The market size of Indian real estate by 2047 is estimated to touch $3-5 trillion in a pessimistic scenario, $5-7 trillion in a realistic scenario and $7-10 trillion in an optimistic scenario. Indian real estate market size […]

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Housing Market Slowdown: Top 9 Cities Report 11% Decline In New Launches, Sales Down 18% in Q3

PropEquity tracks housing supply and absorption data in NCR, Mumbai, Navi Mumbai, Thane, Pune, Bengaluru, Hyderabad, Chennai and Kolkata. (Representative image) NCR is the only region to experience growth in both new property launches and sales during Q3. New housing launches and sales in the third quarter of Calendar Year 2024 in the top 9 […]

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Major Drivers For Markets This Week: Global Trends, Trading Activity of Foreign Investors

Investors will keep a track on global trends and trading activity of foreign investors with no major domestic trigger in sight this week, analysts said and added that markets may face volatility amid the monthly derivatives expiry. Stock markets had a record-breaking rally last week, largely driven by the US Federal Reserve’s rate cut. Historically, […]

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These Tier-2 & Tier-3 Cities are Leaving Delhi, Mumbai Behind in Property Boom

Government schemes like Smart City Mission and Atal Mission for Rejuvenation and Urban Transformation have strengthened the infrastructure in tier-2 and tier-3 cities. (News18 Hindi) Mid-tier cities like Faridabad, Lucknow, Vrindavan, Ludhiana, Chandigarh, Indore, Dehradun, and Jaipur are becoming hotspots in the real state market At a time when congestion and inflation in big cities […]

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FATF Says India’s Gems, Jewellery Sector Vulnerable To Money Laundering, Terrorist Financing

Last Updated: September 20, 2024, 23:25 IST India is currently the world’s second largest consumer of gold, the largest importer, and the largest exporter of gold jewellery. (Representational image via AP) The global body recommended that India should include “deeper” qualitative and quantitative data and typologies from domestic and international sources on the money laundering […]

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Centre Approves Additional Wheat Allocation Under PMGKAY, Distribution To Start In October

Curated By: Business Desk Last Updated: September 19, 2024, 12:37 IST The scheme was introduced in March 2020. According to Food Secretary Sanjiv Chopra, the allocation is expected to commence in October. On Wednesday, the government announced an increased allocation of wheat, under the Pradhan Mantri Garib Kalyan Anna Yojana scheme. The beneficiaries under the […]

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US Fed Meeting: FOMC Cuts Rates by 50 bps, Wall Street Gives Thumbs Up, Jerome Powell Says ‘US Economy Strong’

US Fed Chair Jerome Powell. Follow live updates from the US Fed Meeting September 2024 as the FOMC announces its interest rate decision. Get real-time insights on how Jerome Powell’s remarks impact global and India markets. US Fed Meeting: The US Federal Reserve on Wednesday cut key interest rates by 50 basis points to 4.75-5 […]

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Land Prices Soar in This Sector of Greater Noida As Plots Worth Rs 2.5 Crore Sell for Rs 28 Crore, Here’s Why

YEIDA received a total price of Rs 80.76 crore from the auction of these three plots, which is 12 times more than the basic price. (Representative/Shutterstock) The e-auction, held from July 11 to September 17 saw companies like Sanash Impex, Global Private Limited, and Challenger Computer Limited purchase plots for over Rs 25 crore each […]

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‘Madhabi Buch Defending Herself, Putting Out Facts That Contradict Congress’ Claims’: FM Nirmala Sitharaman

Reported By: Mohammad Haris Last Updated: September 16, 2024, 19:29 IST Finance Minister Nirmala Sitharaman at the News18 India Chaupal. Both Sebi Chairperson Madhabi Puri Buch and her husband are putting out facts that contradict those which are being alleged by the Congress party. So, I think the facts will have to be taken on […]

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Data Privacy To RBI Compliance: Essential Checklist Before Taking Loans Via Fintech Apps

Curated By: Business Desk Last Updated: September 16, 2024, 12:35 IST In FY2023, 1,062 complaints were filed against fake loan apps. RBI has published a list of non-banking financial corporations (NBFCs) authorised to provide loans. A personal loan can be a convenient option to meet the need for immediate funds. Whether it’s for a wedding, […]

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FPIs Inject Rs 27,856 Crore in Equities in September 2024 So Far on US Rate Cut Expectations

Reported By: Mohammad Haris Last Updated: September 15, 2024, 12:42 IST A series of regulatory reforms aimed at streamlining the process for FPI investments has further uplifted investor sentiment. Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they pulled out Rs 34,252 crore in April-May. Foreign investors have infused Rs […]

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CCI Accuses Samsung, Xiaomi Of Colluding With Amazon, Flipkart To Launch Products

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to exclusively launch products on the e-commerce firms’ Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws by […]

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MHADA Mumbai Board Lottery 2024: Last Date for Application Submission Set for September 19

MHADA has emphasised that it has not appointed any representatives, consultants, or property agents for the sale of these homes. (Representative image) Over 75,000 applications already received for 2,030 homes across various housing projects MHADA Mumbai Lottery 2024: The Maharashtra Housing and Area Development Authority (MHADA) has announced that the final date for submitting applications […]

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India’s Forex Reserves Hit New All-Time High of $689.24 Billion, Jump $5.25 Billion

For the week ended August 16, foreign currency assets, a major component of the reserves, increased by $5.107 billion to $604.144 billion. India’s gold reserves rose $129 million to $61.988 billion during the week ended September 6. India’s foreign exchange (forex) reserves jumped $5.248 billion to a new all-time high of $689.235 billion for the […]

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India’s Growth Outlook Reflects Underlying Strength of Macro Fundamentals: RBI Governor Shaktikanta Das

India’s growth outlook reflects the underlying strength of country’s macro-fundamentals, with domestic drivers — private consumption and investment — playing a major role, RBI Governor Shaktikanta Das said on Friday. Moreover, the country’s growth trajectory is supported by an environment of macroeconomic and financial stability, he said in a keynote address at the Future of […]

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India’s Steel Consumption Likely to Grow At 9-10% in FY25, Capacity Utilisation to Touch 88%: ICRA

The steel industry has been witnessing the fastest period of growth in the last three years, since the global financial crisis. The steel demand was robust in Q1 FY2025, with consumption growing at a rate of 15% on a year-on-year basis amid competitively priced imports, says ICRA report. Domestic steel consumption in India is expected […]

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Sanmsung India Layoffs: Tech Gaint Set To Cut Jobs Amid Falling Sales, Rising Compitition

Curated By: Business Desk Last Updated: September 11, 2024, 12:08 IST Samsung Layoffs (Representational Image) Samsung Electronics is reportedly laying off over 200 executives in the Indian business across functions Samsung Electronics is reportedly laying off over 200 executives in the Indian business across functions. This comes as the company’s business growth in the country […]

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India Has Capability to Become Trusted Partner in Diversified Semiconductor Supply Chain: PM Modi

Modi underscored that India has the capability to become a trusted partner in a diversified semiconductor supply chain. (Image/PTI File) Stressing that the coming time will be technology-driven, Modi said semiconductor is the basis of the digital age and the day is not far when the semiconductor industry will be the bedrock for even basic […]

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Apple Partner Jabil To Set Up Rs 2,000 Crore Manufacturing Plant In Tamil Nadu

Jabil said India is emerging as a key manufacturing hub US-based Jabil, a supplier for Apple, is set to establish a manufacturing plant near Tiruchirapalli Electronics manufacturer Jabil is set to establish a new plant in Tamil Nadu with an investment of approximately Rs 20 billion ($238.2 million), the state’s industries minister announced on Tuesday. […]

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Going Abroad To Study? Don’t Forget To Opt For Student Travel Add-on To Your Medical Insurance

Student travel insurance plans bought from India are often significantly cheaper than those offered by foreign universities. (Representative image) An unexpected medical emergency would be the last thing any student would want to come across. By Meet Kapadia Going abroad to study is a dream for countless Indian students. It’s a goal that requires years […]

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Smart Meters to Transform Rural Electricity Supply in Bihar: Features, Benefits Explained

Last Updated: September 05, 2024, 19:11 IST When a consumer’s balance is low, they can quickly recharge and reconnect their meter through the app. The new smart prepaid meters being installed in rural areas come with a handy push button designed to assist consumers during network outages. Residents in rural areas under the Bikramganj electricity […]

Business

Stock Market Update: Sensex Jumps Over 150 Points, Nifty Above 25,200; Sona BLW Gains 3%

Live stock market updates showing stock charts, Sensex, NSE, and Nifty 50 indices. Sensex Today: Indian equity benchmark indices opened marginally higher on Thursday Indian equity benchmark indices opened marginally higher on Thursday, shaking off the mixed cues flowing from global markets after the previous day’s sharp sell-off across markets At opening bell, the BSE […]

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Pension Can Soon Be Withdrawn from Any Bank Branch, Over 78L Pensioners to Benefit: Govt

Last Updated: September 04, 2024, 20:16 IST The Labour Ministry approved the introduction of a Centralised Pension Payment System (CPPS) for the Employees’ Pension Scheme (EPS) 1995. The CPPS approval marks a major milestone in enhancing the efficiency of the Employees Provident Fund Organisation. In a significant development for pensioners across the country, a new […]

Business

Stocks To Watch: GIC, ONGC, SpiceJet, GSK Pharma, Cipla, Zee Ent, AU SFB, And Others

Stocks To Watch On September 4: Domestic markets traded subdued and ended the day nearly unchanged, continuing the ongoing gradual uptrend. In today’s trade, shares of General Insurance Corp, ONGC, SpiceJet, GSK Pharma, Cipla among others will be in focus due to various news developments. General Insurance Corporation of India: The central government plans to […]

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Rs 5-Crore Animal Shelter to be Built at This Place in Noida on 30-Year Lease

Last Updated: September 03, 2024, 18:53 IST A dedicated shelter for displaced animals is set to be constructed on a 10-hectare site. (PTI Photo) Noida International Airport Limited (NIAL) will oversee the management of this new facility. The rapid advancement of the Noida Airport project, spearheaded by Uttar Pradesh Chief Minister Yogi Adityanath, is significantly […]

Business

PSU Stocks Rally Losing Grip On Weak Profitability, Higher Expenses; Time To Rejig Portfolio?

After chartbuster performance in recent months, PSU stocks are now tumbling across the board due to concerns about overvaluation, slowing earnings growth, and mandatory dividend payouts. In the last year, PSU stocks have witnessed a sharp rally riding on bullish sentiments and monopoly business. The BSE PSU index gained over 90 per cent in the […]

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Cong Levels Fresh Conflict of Interest Allegations Against SEBI Chief, Asks PM to Come Clean on Her Appointment

The Congress on Monday levelled fresh conflict of interest allegations against SEBI Chairperson Madhabi Buch and asked Prime Minister Narendra Modi to come clean as the head of the appointments committee of the cabinet on her appointment. At a press conference, the Congress alleged that since the current SEBI chairperson took office in 2017, she […]

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Stocks To Watch: NBCC, Biocon, Maruti Suzuki, TaMo, RailTel, SJVN, NHPC, And Others

Stocks To Watch On September 2: Indian markets have regained the recent highs, ending August on a high, reflecting the continuation of optimism. In today’s trade, shares of NBCC, Biocon, Maruti Suzuki, Tata Motors, Bajaj Finance, FirstCry, Unicommerce among others will be in focus due to various news developments. NBCC: The Board of NBCC approved a […]

Business

Gurgaon Real Estate: Financing Strategies for Luxury Realty Investments

The real estate sector offers promising opportunities for everyone interested in investing. (Representative image) Offering lifestyle benefits to homebuyers, these properties come with exclusive amenities that not only enhance the living experience but also lead to higher rental yields. Written by Sachin Gawri: Gurgaon, one of the fastest-growing residential and commercial hubs in the NCR […]

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‘India Needs Dozens of Reliances’: At AGM, Mukesh Ambani Charts Rise of New India | Full Speech

Reliance Industries expects its new energy business to be as profitable as its mainstay oil-to-chemicals segment over the next 5-7 years, Chairman Mukesh Ambani said at a shareholder meeting on Thursday. The company’s new energy business consists of solar photovoltaic and fuel cell manufacturing, energy storage and green hydrogen production, among others. On Thursday, Ambani […]

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RIL AGM 2024 Live: Investors Eye Jio, Retail IPOs To New Energy Developments

Last Updated: August 29, 2024, 07:38 IST Reliance Industries 47th Annual General Meeting 2024 LIVE: The 47th Annual General Meeting (AGM) of Reliance Industries Limited (RIL) is scheduled for today, August 29, 2024. The meeting will be held virtually through video conferencing and other audio-visual means, starting at 2 PM. RIL Chairman Mukesh Ambani will […]

Business

Meet Jay Chaudhry, the Billionaire Who Made His Employees Millionaires When He Sold the Company

Jai Chaudhry’s full name is Jagtar Singh Chaudhry. In a remarkable act of generousity, Chaudhry transformed the lives of 70 of his employees into millionaires through the sale. Imagine the uncertainty you would feel if your company’s owner announced plans to sell the business. Employees often worry about the future, unsure how new management will […]

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Multiple Demat Accounts, Early Apply, Use of Quotas: Know Tips to Get IPO Allotment for Retail Investors

The excitement of IPOs often comes with the challenge of securing an allotment due to high demand and limited shares. Here are some effective tips that can increase your chances of getting an IPO allotment as a retail investor After the recent strong listings of several initial public offerings (IPOs), it has become a popular […]

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DDA Flat For Middle-Class In Delhi; Know What Is Madhyam Vargiya Housing Scheme 2024

Know about DDA Madhyam Vargiya Housing Scheme 2024 DDA Madhyam Varg Housing Scheme 2024 is a government-backed initiative aimed at providing affordable housing to middle-income families in Delhi. DDA Madhyam Vargiya Housing Scheme: Imagine finding a new home in Delhi that suits your needs and budget. The Delhi Development Authority (DDA) has made this possible […]

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5 Risks In Mutual Funds Investments

Understanding risks can help investors make more informed decisions when considering mutual fund investments. Know five key risks associated with mutual fund investments that every investor should consider. Investing in mutual funds can be a powerful way to grow your wealth and achieve financial goals. However, like all investments, mutual funds come with their own […]

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US Fed Chair Jerome Powell Hints at Big Rate Cut in September: ‘Inflation Falling, Unemployment Faces Risks’

US Federal Reserve Chairman Jerome Powell speaks at the Jackson Hole Symposium. The time has come for the monetary policy to adjust. The direction of travel is clear and the timing and pace of rate cuts will depend upon the evolving data, says US Federal Reserve Chairman Jerome Powell. US Federal Reserve Chairman Jerome Powell […]

Business

Real Estate Sector In A Cooling-Off Period, To Soon Pick Growth: Industry Players

Sentiments regarding new launches are already showing a positive trend in the real estate. India’s real estate sector seems to be experiencing a natural cooling-off period after a hot streak, which is a short-term challenge, say real estate developers. Even as the market sentiments in the real estate sector were hit due to looming geopolitical […]

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Paytm Agrees To Sell Entertainment Ticketing Business To Zomato for Rs 2,048 Crore

Last Updated: August 21, 2024, 21:52 IST Entertainment ticketing business, including movies, sports, and events, will be available on the Paytm app during a transition period of up to 12 months, it said. The deal, valued at Rs 2,048 crore, underscores the value Paytm has created through its entertainment ticketing business, bringing choice and convenience […]

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NCLT Approves Delisting of ICICI Securities, Dismisses Petition by Minority Shareholders

Last Updated: August 21, 2024, 14:27 IST NCLT Approves Delisting of ICICI Securities The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday approved the delisting application of ICICI Securities from the stock exchanges and also rejected objections filed by minority shareholders. The Mumbai bench of the National Company Law Tribunal (NCLT) on […]

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New Commercial Spaces Coming Up in Noida; Here’s How and When You Can Book Your Plot

Last Updated: August 20, 2024, 20:19 IST Vertical construction at the Noida International Airport site and on track for timely completion by end of 2024, in Noida. (PTI Photo) This initiative, part of the broader development efforts surrounding the Noida International Airport, will focus on promoting commercial activities in Yamuna City, specifically in Sector 22D […]