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Curated By: Business Desk Last Updated: August 20, 2024, 14:42 IST Passengers can book tickets at their convenience. It will have general coaches, sleeper coaches and AC coaches. If you went home to celebrate the Raksha Bandhan festival and are unable to get tickets for the return journey, then there is no need to worry. […]

Alhind Group is looking to start airline operations by the end of this year. Alhind Group is looking to start Alhind Air operations by the end of this year after receiving the Air Operator Certificate from the Directorate General of Civil Aviation (DGCA). Kerala-based travel services operator Alhind Group has received the Civil Aviation Ministry’s […]

Zomato Share Price Today. UBS increases the price target for Zomato’s shares to Rs 320 apiece, from Rs 260 earlier, while maintaining its ‘buy’ recommendation. Global brokerage firm UBS on Monday increased the price target for Zomato’s shares to Rs 320 apiece, from Rs 260 earlier, while maintaining its ‘buy’ recommendation. It sees a 2-3 […]

The National Stock Exchange (NSE) and BSE will remain open on Monday. August 19 is a working day for the Indian stock market and the trading will take place as usual throughout the day. After a truncated week, the week starting from Monday is full of hopes among investors as the domestic stock market closed […]

Fixed Interest Rate Regime for Home Loans Vs Floating Regime. Given the current inflationary pressures and the prolonged period without rate cuts, a rate cut is anticipated by the end of the year. Therefore, opting for a floating rate at this time could be more advantageous. I have a home loan of Rs 50 lakh […]

Positive Pay System: Most banks have adopted the PPS for cheques above Rs 50,000. (Representative image) RBI introduced the Positive Pay System in 2021 to combat the rising cases of cheque fraud. The Reserve Bank of India (RBI) introduced the Positive Pay System (PPS) to enhance the security of cheque-based transactions and reduce the risk […]

UPI Circle is a tool for convenient and secure sharing of UPI payment capabilities within a trusted circle of individuals. National Payments Corporation of India introduced the UPI Circle feature aimed at expanding digital payment accessibility. UPI Circle Delegate Payments India: UPI Circle is a new feature that allows the primary holder of a UPI […]

Curated By: Business Desk Last Updated: August 16, 2024, 18:48 IST Eugia Pharma is a wholly-owned subsidiary of Aurobindo Pharma. Aurobindo Pharma shares touched an intraday low of Rs 1,421.45 apiece on the NSE on Friday. Aurobindo Pharma Limited shares closed in the red on Friday ending three-day gaining streak after the company announced receiving […]

Last Updated: August 16, 2024, 13:37 IST The siblings also launched cow service projects in their fields, (Image for representation) The siblings also launched cow service projects in their fields, showcasing an innovative approach to both business and community service.  In Maharashtra’s Solapur, siblings Uma Birajdar and Rudrappa Birajdar have turned cow urine into a […]

Last Updated: August 15, 2024, 17:18 IST The latest report reveals a troubling rise in stalled housing projects. Many home buyers, particularly in cities like Delhi-NCR, continue to face delays in realising their homeownership dreams. The real estate sector is facing a significant crisis, with recent reports revealing that approximately 2,000 housing projects, encompassing 5.08 […]

Over 230 people were killed in Bangladesh in the incidents of violence that erupted across the country. (Representative image) Indian FMCG companies with operations in violence-hit Bangladesh say their business in the neighbouring country is slowly returning to normalcy Indian FMCG companies with operations in violence-hit Bangladesh say their business in the neighbouring country is […]

Prime Minister Narendra Modi met Young Liu, Chairman of Foxconn. (Source/PM Modi X handle) The chairman of Apple supplier Foxconn met Prime Minister Narendra Modi on Wednesday Prime Minister Narendra Modi on Wednesday met Young Liu, the Chairman of Hon Hai Technology Group (Foxconn). During the meeting, PM Modi highlighted the wonderful opportunities India offers […]

The company has received a show cause notice from the Office of the Commissioner of Customs (Import), Air Cargo Complex, Mumbai. Maruti Suzuki India said it has received a show cause notice from customs authority demanding payment of differential duty of over Rs 3.8 crore. Maruti Suzuki India on Wednesday said it has received a […]

Struggling coffee chain Starbucks on Tuesday said its CEO Laxman Narasimhan is stepping down immediately after just a year in the role. Chipotle CEO Brian Niccol will be its new chairman and CEO, effective September 9. Niccol has been leading Mexican-inspired food chain Chipotle since 2018. Starbucks in a statement said Niccol has set “new […]

The incorporation of NBSL underscores NPCI’s aim to facilitate digital payments and financial inclusivity. (Representative image) NPCI announced the incorporation of NPCI BHIM Services as a wholly owned subsidiary. National Payments Corporation of India (NPCI) on Tuesday announced the incorporation of NPCI BHIM Services Ltd (NBSL) (earlier known as Bharat Interface for Money BHIM) as […]

Unicommerce eSolutions IPO. Unicommerce eSolutions IPO Listing: Investors are likely to make a listing gain of over 60 per cent as its latest GMP is at Rs 69 or 63.89 per cent over its issue price of Rs 108 per share. Unicommerce eSolutions IPO Listing: The equity shares of Unicommerce eSolutions Ltd are set to […]

Curated By: Business Desk Last Updated: August 12, 2024, 13:10 IST The couple are residents of Indirapuram, Ghaziabad. The woman made 22 transactions to different bank accounts in July and August. Fraudsters are continuously trying to find innovative ways to dupe people of their money. Recently, residents of Indirapuram Ghaziabad allegedly lost over Rs 3 […]

Market value of LIC’s investment in stocks of various companies stood at around Rs 15 lakh crore at the end of June. LIC MD and CEO Siddhartha Mohanty has said that the corporation is looking to make fresh investments in equities during the current financial year. Life Insurance Corporation of India (LIC) MD and CEO […]

According to the data, FPIs withdrew a net amount of Rs 13,431 crore from equities so far this month (August 1-9). So far this year, FPIs have made a net investment of Rs 22,134 crore in equities, data with the depositories showed. After infusing money during the last two months, foreign investors have turned net […]

Coffee Day Enterprises Ltd, which also owns and operates a resort, renders consultancy services and is engaged in the sale and purchase of coffee beans, had defaulted in the payment of coupon payments of redeemable non-convertible debentures (NCDs). The Bengaluru bench of the NCLT on August 8 admitted the plea filed by IDBI Trusteeship Services […]

Union Finance Minister Nirmala Sitharaman addressed the RBI’s Central Board of Directors with Union Minister of State for Finance Pankaj Chaudhary along with RBI Governor Shaktikanta Das at its customary post-Budget meeting in New Delhi, on Saturday. RBI and the government are asking banks to focus on core banking activity of deposits and lending, says […]

Content revenue in Warner Bros Discovery’s studio segment fell 6%. Warner Bros Discovery took a $9.1 billion goodwill charge in the second quarter related to the reassessment of the value of those assets, which was set at the time of the merger of Warner Bros and Discovery. Warner Bros Discovery, a global media and entertainment […]

Bitcoin Price Rises Today: Experts say considering the market’s volatile nature, a potential downturn is expected as recent gains may already be priced in. Cryptocurrency Prices Today: Bitcoin was $61,074 per (BTC / USD), Ethereum jumped 10.9 per cent to $2,691.62, Dogecoin rose 5.72 per cent to $0.105, BNB increased 5.08 per cent to $513.45. […]

Last Updated: August 08, 2024, 21:21 IST Pratiksha Shelke launched Jungle Bound, a factory specialising in eco-friendly products made from wood and bamboo. (Source: Instagram) Having left a high-paying job in the US, where she earned Rs 4.5 lakh per month, Shelke returned to India and established her own business. While many dream of working […]

Curated By: Business Desk Last Updated: August 08, 2024, 12:33 IST The government first introduced CGAS in 1988. The Capital Gain Account Scheme is a type of account that is opened to avoid taxes on capital gains. Since the presentation of the Union Budget 2024, capital gains tax has been the most discussed topic in […]

The Budget, presented on July 23, had proposed a lower 12.5 per cent rate of LTCG tax, down from 20 per cent, while doing away with the indexation benefit. Replying to a debate on the Finance Bill, Finance Minister Nirmala Sitharaman said the rollover benefit will be available to taxpayers who buy new immovable property […]

After the revision of provisions, shares of Lodha Developers and Oberoi Realty have gained the most The rally in shares of real estate companies came today after the Central government, last evening, proposed an amendment in the Finance Bill Shares of the real estate pack are broadly higher, with BSE Realty holding on to gains […]

Reported By: Pallavi Ghosh Last Updated: August 06, 2024, 23:37 IST The union budget announced the withdrawal of indexation benefits from real estate and lowered the long-term capital gains from 20 per cent to 12.5 per cent. (Representational image) A copy of the amendment to be moved by finance minister Nirmala Sitharaman is available with […]

Last Updated: August 06, 2024, 11:56 IST Using JioFinance app, you can now make international payments for buying tickets to visit the Eiffel Tower Indian travelers can now use JioFinance to purchase tickets for the Eiffel Tower through its official website, La Tour Eiffel JioFinance has taken a significant step towards global expansion by enabling […]

Last Updated: August 05, 2024, 23:32 IST RIL AGM 2024 (Representational Image) RIL AGM 2024: The oil-to-telecom conglomerate’s AGM will be televised live through videoconferencing as well as through other audio-visual means The 47th Annual General Meeting of the members of Reliance Industries Limited (RIL) will be held on August 29 at 2 pm, the […]

The Indian economy grew at 8.2 per cent in 2023-24 fiscal year. Deloitte India’s growth projection is at par with that of RBI, which projected FY’25 growth at 7.2 per cent. India’s economy is expected to grow at 7-7.2 per cent in the current fiscal year driven by robust economic fundamentals and continuity in domestic […]

Finance Minister Nirmala Sitharaman has revised the taxation on LTCG from real estate transactions. (Representative image) The author takes a calmer view towards the unrest caused due to elimination of indexation in real estate transactions. By Saurabh Garg In a significant move that has sparked both debate and intrigue, the latest budget unveiled by Finance […]

China tops the Global Times list in manufacturing output with $4659 billion.(Image for representation: Shutterstock) The tone of Global Times has softened towards India for some time and slowly but surely, now China has started considering India as a power in the world. India is moving towards becoming the manufacturing hub of the world. Neighbour […]

Ambuja Cement will establish this facility with a 6 MTPA (million tonnes per annum) capacity. The 6 MTPA Warisaliganj cement grinding unit is the first venture in Bihar of Ambuja Cement Ltd, which is aggressively expanding its capacity in the country. Ambuja Cement Ltd (ACL) on Saturday announced an investment of around Rs 1,600 crore […]

Gold Rate Today In India: On August 3, gold prices in India marginally increased and traded above Rs 70,500 per 10 grams. This rate includes a premium for the highest purity gold, with 24-carat gold priced higher at Rs 70,700 per 10 grams. For those interested in jewellery, 22-carat gold, which is more durable due […]

Sajjan Jindal, chairman and MD of JSW Group, has announced the gift of the MG Windson car to every Olympic medalist from Team India. So far, India has won 3 bronze medals in the ongoing Olympic Games Paris 2024. “Delighted to announce that every Olympic medalist from Team India will be gifted an MG Windsor, […]

Gold, Silver Prices Today. Gold rate today: Stay updated with the latest gold prices today across various cities in India. Gold Rate Today In India: On August 2, gold prices in India hovered near Rs 70,700 per 10 grams. The price of 24-carat gold on Friday increased by Rs 860 to Rs 70,690 per 10 […]

GST Collections in July 2024. Gross GST collection in July 2024 recorded a 10.3 per cent rise to Rs 1,92,075 crore. Gross GST collection in July 2024 recorded a 10.3 per cent rise to Rs 1,82,075 crore, according to the latest official data released on Thursday. After accounting for refunds, the net GST revenue for […]

SEBI Bhavan at BKC Bandra in Mumbai (PTI/ File Photo) Sebi clarified on media reports pertaining to making the T+0 system mandatory for all. Capital markets regulator Sebi on Wednesday clarified on media reports pertaining to making the T+0 system mandatory for all. “This has been erroneously reported in a section of the press as […]

Nilesh Shah shared insights into his stock market journey and personal experiences. (PTI Photo) Raised in a chawl in Mumbai with a modest allowance of just Rs 50, Nilesh Shah’s journey is nothing short of remarkable. When discussing influential figures in the stock market, names like Harshad Mehta, Rakesh Jhunjhunwala, and Radhakishan Damani often come […]

Bank of Japan has kept interest rates near or below zero for years. The move was widely expected, and the yen gained sharply against the dollar ahead of Wednesday’s decision, trading at 152.75. The Bank of Japan raised its key interest rate Wednesday to 0.25% from 0.1%, acting to curb the yen’s slide against the […]

Paytm CEO Vijay Shekhar Sharma denied any impact of lower allocation of incentives to promote small ticket digital transactions on his guidance over profitability this fiscal year. (Representative image) The government has lowered incentive allocation for Rupay and UPI transactions by about 42 per cent in the budget. Fintech firm One97 Communications, which owns the […]

Gold rate today in India on July 30, 2024. (Representative image) Gold rate today: Stay updated with the latest gold prices today across various cities in India. Gold Rate Today In India: On July 30, gold prices in India hovered near Rs 70,000 per 10 grams. This rate includes a premium for the highest purity […]

Market experts say that the most significant activity in Gurgaon is seen at the entry level of th premium category, typically units priced above Rs 2 crore. Within the NCR, Gurgaon is expected to widen the gap with other regions, capitalising on the opportunities presented by the growth in the premium segment. Written by Devender […]

Last Updated: July 29, 2024, 09:26 IST Stock Market LIVE on Monday, July 29, 2024: Indian stock markets opened at record highs influenced by positive global cues on Monday. BSE Sensex rallied as much as 0.51 per cent or 416.62 points to hit a fresh all time high of 81,749.34 levels. On the other hand, […]

The price band of the company’s maiden public issue will be announced on Monday. (Representative image) The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1, according to the RHP. Ola Electric Mobility IPO Date: Electric two-wheeler company Ola Electric Mobility will […]

Gold rate today in India on July 28, 2024. (Representative image) Gold rate today: Stay updated with the latest gold prices today across various cities in India. Gold Rate Today In India: On July 28, gold prices in India hovered near Rs 70,000 per 10 grams. This rate includes a premium for the highest purity […]

The tax rates in Japan vary according to the asset class. In China, the government levies a tax of 20 percent, on the profit on the sale of movable and immovable property. Finance Minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday, July 23. The salaried middle-class income group was the most disappointed with […]

Gold Rate Today In India: On July 27, gold prices in India fell and continued to trade below Rs 70,000 per 10 grams. This rate includes a premium for the highest purity gold, with 24-carat gold priced lower at Rs 68,720 per 10 grams. For those interested in jewellery, 22-carat gold, which is more durable […]

India’s foreign exchange (forex) reserves have hit a fresh all-time high of $670.857 billion, surging $4 billion during the week ended July 19, according to the latest RBI data released on Friday. The overall reserves had jumped $9.699 billion to an all-time high of $666.854 billion in the week ended July 12. The RBI’s gold […]

Stocks To Watch On July 26: Domestic markets remained volatile on the monthly expiry day on Thursday and ended nearly flat, continuing the current consolidation trend. In today’s trade, shares of IndiGo, IndusInd Bank, DLF, Tech Mahindra, Mankind Pharma, RBL Bank among others will be in focus due to news developments and first quarter earnings. Here […]

Here are details on 10 such nations showcasing remarkable economic resilience. The budget discourse is the issue of taxation, with public clamour for relief through tax cuts and exemptions. Finance Minister Nirmala Sitharaman has unveiled the Union Budget 2024, sparking widespread discussion on its economic implications. The budget discourse is the issue of taxation, with […]

Stocks To Watch On July 25: The markets traded lackluster and ended slightly lower on Wednesday, continuing the ongoing consolidation phase. In today’s trade, shares of RBL Bank, Adani Green, Nestle, Tech Mahindra, L&T, VST Industries among others will be in focus due to various news developments and first quarter results. Q1FY25 results on Thursday: […]

The Reserve Bank of India says the Registrar of Cooperative Societies, Assam has also been requested to issue an order for winding up the bank and appoint a liquidator. (File Photo) The RBI on Wednesday said it has cancelled the licence of Tezpur-based The Mahabhairab Cooperative Urban Bank due to its deteriorating financial condition. The […]

With its focus on expanding rooftop solar, energy security, and climate-resilient agriculture, Budget 2024 has set India on the path to a sustainable economy, said experts, highlighting that it demonstrates the country’s commitment to climate action and clean energy. “Energy transition is critical in the fight against climate change,” said finance minister Nirmala Sitharaman while […]

Last Updated: July 23, 2024, 20:33 IST Tamil Nadu Chief Minister and DMK chief MK Stalin with party leader Kanimozhi. (PTI) DMK MPs will stage a protest in Delhi on July 24 over the Union Budget Chief Minister M K Stalin on Tuesday said Tamil Nadu has been completely ignored in the Union Budget and […]

Last Updated: July 23, 2024, 08:48 IST Stock Market Live: Indian benchmark equity indices closed slightly lower on Monday, weighed down by Reliance Industries and Wipro following their weaker-than-expected quarterly results. Market volatility increased with the budget announcement just a day away. “Although the budget is anticipated to be favourable, investors will closely monitor whether […]

To overcome the pandemic-driven economic slowdown, the Union government focused on increasing capital expenditure aimed particularly at creation of high quality physical and social infrastructure facilities, said the Economic Survey 2023-24 tabled by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament on Monday. Keeping the momentum going over the past five years, […]

Stocks To Watch On July 22: Equity indices tumbled on Friday as investors preferred to book profits after four days of record-breaking rally and weak trends from global markets. In today’s trade, shares of IDBI Bank, Suzlon Energy, RIL, HDFC Bank, Kotak Bank, JSW Steel among others will be in focus due to news developments and […]

The outcome of the Union Budget, quarterly earnings from corporates and global trends are the major factors to drive stock market sentiments this week, analysts said. Besides, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude are also crucial aspects to watch out for. Budget 2024 […]

Yes Bank Q1 Results: Private sector lender Yes Bank on Saturday reported a bigger-than-expected 46 per cent jump in standalone net profit to Rs 502 Crore, helped by a drop in loan-loss provisions and robust loan growth. The Mumbai-based private lender’s standalone net profit had stood at Rs 343 crore in the corresponding period last […]

India’s fiscal debt situation. India’s combined debt-to-GDP ratio is projected to be 83.2 per cent and is expected to peak at 83.8 per cent by FY 2027. It is necessary to stabilise the country’s debt. Written by R P Gupta: India’s combined debt-to-GDP ratio is projected to be 83.2 per cent and is expected to […]

Published By: Business Desk Last Updated: July 19, 2024, 19:49 IST Reliance Jio Infocomm Ltd, the telecom arm of Reliance Industries Ltd (RIL), recorded an increase in its net profit to Rs 5,445 crore for the first quarter of the financial year 2024-25. The company had posted a net profit of Rs 5,337 crore in […]

RIL Q1 Results. (Representational Image) RIL Q1 Results: Profitability in RIL’s oil & gas division surged 30%, driven by a 44% rise in gas production from the KG D6 field. Reliance Industries Ltd (RIL) reported an 11.5 percent increase in revenue to Rs 2.58 lakh crore in the fiscal first quarter from a year ago, […]

Microsoft spokesperson Jeff Jones affirmed that the company’s diversity and inclusion commitments remain unchanged. This reduction in DEI staff reflects a broader trend in the tech industry Microsoft has reportedly disbanded its internal team dedicated to diversity, equity, and inclusion (DEI), citing “changing business needs.” According to a Business Insider report, the layoffs, which took […]

The estimate of the natural rate for Q4 2023-24 is at 1.4-1.9% The natural rate of interest is an equilibrium rate where growth is close to potential, accompanied by stable inflation. India’s natural rate of interest has increased in the post-pandemic era, driven by the growth of potential output, according to the Reserve Bank of […]

Stocks To Watch On July 18: Domestic markets settled at record high levels in their third straight day of gains on Tuesday. In today’s trade, Infosys, Tata Technologies, Asian Paints, Nazara Technologies, Adani Green among others will be in focus due to news developments and first quarter results. Infosys, Tata Technologies, Polycab Shares of Infosys, […]

The RBI has revised its master directions on fraud risk management following SC recommendations asking banks to hear a borrower before an account is classified as fraud. The RBI’s master directions now expressly require that the regulated entities (commercial banks, cooperative banks, and NBFCs) issue a show cause notice to the person/ entity against whom […]

Last Updated: July 17, 2024, 08:12 IST Union Budget 2024 Expectations Live Updates: Finance Minister Nirmala Sitharaman is all set to table the Union Budget in just a week. Industry stakeholders are awaiting the presentation of the Budget with hopes of policy continuity, better allocations, and reforms. India is also hoping for tax relief measures […]

Published By: Business Desk Last Updated: July 16, 2024, 20:15 IST TV18 Broadcast Q1 Results. TV18 Broadcast Ltd’s Q1 revenue of Rs 3,069 in Q1 FY25 was driven by a strong performance of Sports and News, while unit Viacom18 continues to make investments in both the segments. TV18 Broadcast Ltd on 16 July reported a […]

Last Updated: July 16, 2024, 07:58 IST Petrol, and Diesel prices on July 16 Petrol, Diesel latest price today in India. Check city-wise rates here Petrol, Diesel Prices Today On July 16, 2024: Oil marketing companies (OMCs) announce fuel prices, maintaining consistency despite the inherent volatility of these commodities at 6 am every day. The […]

Spicejet Q4 Results: Budget airline SpiceJet Ltd on Monday reported a sixfold surge in its net profit to Rs 119 crore for the fourth quarter ended March 31, 2024. Its EBITDA (earnings before interest, tax, depreciation and amortisation) during April-June 2024 rose to Rs 386 crore, compared with Rs 344 crore in the year-ago period. […]

Last Updated: July 15, 2024, 08:00 IST Petrol and diesel prices on July 15 Petrol Diesel Price Today In India. Check city-wise rates now Petrol, Diesel Prices Today On July 15, 2024: Oil marketing companies (OMCs) announce gasoline and diesel prices, maintaining consistency despite the inherent volatility of these commodities at 6 am every day. […]

Last Updated: July 14, 2024, 16:34 IST Anant Ambani and Radhika Merchant A video from the July 12 wedding of industrialist Mukesh Ambani and philanthropist Nita Ambani’s youngest son Anant with pharmaceutical heiress Radhika shows multiple food counters with placards The star-studded wedding of Anant Ambani and Radhika Merchant not only featured global celebrities, business […]

DMart has announced its Q1 financial results. Avenue Supermarts’ Q1 revenue increased 18.6 per cent to 18.6 per cent to Rs 14,069.1 crore, compared with Rs 11,865.4 crore in the year-ago period. Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported a 17.5 per cent jump in its net profit to […]

Last Updated: July 13, 2024, 19:00 IST (From Left) Chandrababu Naidu and Kamal Nath. Anant, the younger son of Reliance Industries Chairman Mukesh Ambani and philanthropist Nita Ambani, married pharmaceutical heiress and childhood sweetheart Radhika Merchant at a star-studded event on Friday Former President Ram Nath Kovind, Andhra Pradesh Chief Minister Chandrababu Naidu, Deputy Chief […]

HCL Tech Interim Dividend. HCL Tech Q1 Dividend: The company has posted a 20.45 per cent jump year-on-year in its net profit to Rs 4,257 crore for June 2024 quarter. HCL Technologies on Friday announced an interim dividend of Rs 12 per equity share for the financial year 2024-25. Its record date has been fixed […]

Last Updated: July 12, 2024, 18:44 IST Former US Secretary of State John Kerry (in blue blazer) lands in Mumbai. (ANI) Kerry joins a long list of A-listers who will be gracing the three-day festivities that will begin with the Shubh Vivaah (wedding), followed by Shubh Aashirwad (blessing ceremony) on July 13 and Mangal Utsav […]

Union Budget 2024 Live Updates: Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23. The Budget for 2024-25 will be the first major economic document of the Modi 3.0 government, which, among other things, is expected to lay the road map for making India […]

Last Updated: July 11, 2024, 18:25 IST Launch your online business with them, with no restrictions on the quantity of goods to sell. (Image for representation: Reuters) We bring you details about a business venture that can be launched with just Rs 10,000, offering the potential to gain international acclaim for your product. In today’s […]

Last Updated: July 11, 2024, 07:34 IST Petrol, and Diesel prices on July 11 Petrol Diesel Price Today In India. Check city-wise rates now Petrol, Diesel Prices Today On July 11, 2024: Oil marketing companies (OMCs) announce gasoline and diesel prices, maintaining consistency despite the inherent volatility of these commodities at 6 am everyday. The […]

Last Updated: July 10, 2024, 17:52 IST Investors in Apollo Tyres have witnessed substantial growth in their investments year after year. (Reuters) Harshad Mehta’s influence on the stock market was profound, with his investment strategies and stock tips widely followed during his peak. Apollo Tyres Limited, a company in which Harshad Mehta, the once-famous stock […]

Petrol, and Diesel prices on July 10. Petrol Diesel Price Today In India on July 10. Check city-wise rates now Petrol, Diesel Prices Today On July 10, 2024: Every day at 6 am, oil marketing companies (OMCs) announce the prices of gasoline and diesel, maintaining consistency despite the inherent volatility of these commodities. The OMCs […]

Last Updated: July 09, 2024, 18:25 IST PM Modi will meet eminent economists to elicit their views and suggestions for the upcoming Budget on Thursday. (PTI) Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23 Prime Minister Narendra Modi will on Thursday meet eminent […]

Last Updated: July 08, 2024, 20:41 IST Credit card companies and banks levy substantial fees under different names, which can prove costly if not understood properly. Whether you currently use a credit card or are considering applying for one, it’s crucial to familiarise yourself with the charges you may encounter. The popularity of credit cards […]

As Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024-25 on July 23, there are demands coming in from various sections. This Budget, the central government employee union has also sent a proposal to the Cabinet Secretary comprising 7 demands, including the immediate constitution of the 8th Pay Commission and the release […]

Bansal Wire Industries IPO. Unlisted shares of Bansal Wire Industries Ltd are trading Rs 76 higher in the grey market, expecting a 29.69 per cent listing gain from the public issue. The Bansal Wire Industries IPO, which was opened for public subscription between July 3 and July 5, received a whopping 62.76 times subscription on […]

Budget for the 2023-24 fiscal (April 2023 to March 2024) widened the ambit of angel tax to include foreign investments. In September last year, the IT Department notified new angel tax rules that comprise a mechanism to evaluate the shares issued by unlisted startups to investors Ahead of the Union Budget, the Department for Promotion […]

Finance Minister Nirmala Sitharaman before presenting the Interim Budget in the Parliament on February 1. (Image: X/@ANI) Union Budget 2024-25 Date: Budget Session of the Parliamant will be held from July 22 to August 12 Budget 2024 Date: The Union Budget for the financial year 2024-25 will be presented in the Lok Sabha on July […]

The report further explored the effectiveness of training programs, motivational factors for sales professionals, and unique challenges faced by women in sales. (Representative image) Women in sales report lower annual incomes than men, especially at the department or area sales head level. 61% of sales professionals in India plan to change jobs in the next […]

UP chief minister Yogi Adityanath. (File photo) According to officials at Invest UP, the agency established to foster investment and industrial development in the state, the Yogi Adityanath government is actively working to bring these proposals to fruition, ensuring a smooth transition from planning to execution Months after the approval of Uttar Pradesh’s Semiconductor Policy […]

Intellect Design Arena Ltd is a cloud-native, future-ready, multi-product FinTech company for the world’s leading banking and insurance clients. This iDTC platform is built on eMACH.ai, touted as the most comprehensive open finance platform Intellect Design Arena has introduced a pioneering API-based public procurement platform named iGPX (Government Procurement eXchange), marking a significant advancement in […]

Reported By: Abhishek Jha Last Updated: July 04, 2024, 22:56 IST Jawed Ashraf, Ambassador of India to France, launched UPI by live use at Galeries Lafayette in Haussman, Paris. Pic/News18 On Thursday, the Unified Payments Interface (UPI) became live at the flagship store of the world-renowned Galeries Lafayette in Haussman, Paris. Only six months ago, […]

IDFC First Bank’s shares were up by Rs 0.32 or 0.40 per cent to close at Rs 81.19 apiece on the BSE. Life Insurance Corporation has raised its shareholding in private sector lender IDFC First Bank by 0.2 per cent to 2.68 per cent and The private placement offer took place on June 30. Life […]

Swiggy India: How India Eats An increase in eating out frequency, higher purchasing power and a growing customer base will drive the Indian food services market, according to a study by Swiggy and Bain & Company India’s food delivery segment is expected to cross Rs 2.12 lakh crore by 2030, growing at a compound annual […]

Shares of HDFC Bank were in heavy demand on Wednesday, lifting the benchmark indices Sensex and Nifty to record highs. The stock rose over 2 per cent and added Rs 28,758.71 crore to its market valuation. Shares of the country’s largest private sector lender climbed 2.18 per cent to settle at Rs 1,768.35 apiece on […]

The proceeds from the QIP will be invested towards technology, infrastructure and deleveraging the balance sheet. Allcargo Gati QIP saw participation from various investors raising a total amount of Rs 169.28 crore Express logistics firm Allcargo Gati Ltd on Tuesday said it has raised Rs 169.28 crore by issuing equity shares through a Qualified Institutional […]

The Sebi’s rule mandates that all scheme-related expenses, including commission paid to distributors, need to necessarily be paid from the scheme only within the regulatory limits and not from the books of the AMC. The applicants, in the settlement application, stated that during April 2020 to March 2022, certain scheme-related expenses were being paid by […]

India ended their 11-year wait for the cricket World Cup, by defeating South Africa by seven runs. (AP Photo) It was decided to declare the day off, as Team India put in a great effort, and this is our small tribute to the boys, says Xpheno’s head It was a holiday at Xpheno, a recruitment […]

Smoke billows out after a massive fire broke out at Marwadi Katra in Chandni Chowk, Delhi, on June 13, 2024. (File Photo: PTI) The recent Chandni Chowk incident, where a short-circuit led to a devastating fire that gutted numerous shops, serves as a stark reminder of the importance of choosing an organised, well-regulated retail location […]

Published By: Nibandh Vinod Last Updated: June 30, 2024, 17:00 IST The Institute of Chartered Accountants of India (ICAI) was established on July 1, 1949. (Image: Shutterstock) National Chartered Accountants Day is observed to honour the role of CAs in the country’s economic prosperity. The National Chartered Accountants (CA) Day is observed annually on July […]

Published By: Nibandh Vinod Last Updated: June 30, 2024, 17:15 IST GST Day was first observed on July 1, 2018, marking one year since the tax system’s implementation. (Image: Shutterstock) The GST was launched in a grand ceremony held at the centre hall of Parliament on the intervening night of June 30 and July 1, […]

Written by Badri Narayanan Gopalakrishnan Recently, the Biden administration in the US announced an increase in tariffs on certain commodities imported from China. A press release issued by the White House said that the tariff rate on certain steel and aluminum products will increase from 0-7.5% to 25% in 2024, while the rate on electric […]

Written by Rakesh Kumar: The digital transformation in India has reached its rural frontiers, significantly increasing the use of laptops, mobile phones, and digital payment systems among its rural population. However, this rapid digitisation brings with it an expanded threat landscape, particularly in cybersecurity. Rural areas, traditionally underserved in terms of financial and digital literacy, […]

Maharashtra’s Mahayuti government on Friday presented an eye-popping Rs 612,293 crore (around $73 billion) budget, which is more than Pakistan’s $67.84 billion and Bangladesh’s $68 billion for the fiscal year 2024-25. Deputy chief minister and Nationalist Congress Party leader Ajit Pawar, who also holds the finance portfolio in the state, presented the interim budget in […]

Interest rates on small savings schemes like PPF, SCSS, and NSC are reviewed at the end of every quarter and are decided for the next quarter accordingly. The Finance Ministry has maintained the status quo on the interest rates on small savings schemes, including PPF, NSC, SSY, SCSS, and more, for the July-September 2024 quarter. […]

Payment aggregators are entities that facilitate e-commerce sites and merchants to accept various payment instruments from the customers. (Representative image) Hitachi Payment Services said it has received the final authorisation from the Reserve Bank of India to operate as an online payment aggregator. Hitachi Payment Services on Thursday said it has received the final authorisation […]

The new rule requires that NRIs, overseas citizens of India and resident Indians should not be in control of the applicant FPI. Sebi tweaked guidelines for registration of FPIs pertaining to NRIs, overseas citizens of India and resident Indians as participant of such foreign investors Sebi has tweaked the guidelines for registration of Foreign Portfolio […]

A Reuters report claims that Foxconn has been excluding married women from assembly jobs at its Sriperumbudur iPhone assembly plant in Tamil Nadu. Reports of Foxconn Rejecting Married Women From Jobs: The Labour Ministry says the state government is the appropriate authority for the enforcement of Equal Remuneration Act, hence the report has been sought. […]

SEBI has raided the Mumbai and Hyderabad offices in search of leaks. Front running is a form of market abuse under Article 7(1)(d) of the SEC. Quant Mutual Fund has been accused of doing this. Quant Mutual Fund has been accused of front-running. Market regulator SEBI is investigating this allegation. Raids were also conducted at […]

Reuters reported Foxconn discriminates against married women by rejecting their job applications, because of their greater family responsibilities compared to unmarried counterparts as the reason. The report revealed that the smartphone manufacturer systematically excluded married women from job opportunities at its main iPhone assembly plant Foxconn, a key manufacturer of Apple devices, has been excluding […]

Goa Chief Minister Pramod Sawant. (Image: News18) Goa Chief Minister Pramod Sawant unveiled a scheme aimed at facilitating the sick industrial units to exit from the state. Goa Chief Minister Pramod Sawant on Tuesday unveiled a scheme aimed at facilitating the sick industrial units to exit from the state. Sawant unveiled the Goa Industrial Development […]

The Securities Appellate Tribunal (SAT) has stayed a Sebi order that restrained former PTC India chairman and managing director Rajib Kumar Mishra from being a director in a listed entity for six months in a matter pertaining to corporate governance lapses. Following the order passed by markets regulator Sebi on June 12, Mishra ceased to […]

In September 2022, Prosus had lost significant influence on Think and Learn, which owns Byju’s brand Prosus is among the four investors that have approached the NCLT against Byju’s management and its USD 200 million rights issue. Dutch investment firm Prosus has written off USD 578 million (about Rs 4,800 crore) that it invested in […]

Last week, the BSE benchmark Sensex climbed 217.13 points or 0.28 per cent. In the ranking of the most valued firms, Reliance Industries retained the number one place followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, LIC, Infosys, Hindustan Unilever and ITC. The combined market valuation of three of the […]

Pune and Hyderabad are witnessing fewer launches during this quarter while the new supply in Delhi-NCR has almost doubled.(Representational image) New housing supply in April-June is estimated to fall to 97,331 units across nine major cities as against 1,11,657 units in the year-ago period Fresh supply of housing units is estimated to decline 13 per […]

FM Nirmala Sitharaman addressing media after GST Council Meeting on June 22 53rd GST Council Meeting: FM Nirmala Sitharaman announced several decisions of the GST Council. 53rd GST Council Meeting: The GST Council on Saturday announced various recommendations relating to taxation, ITC claims and demand notices. GST Council recommended a uniform rate of 12% on all […]

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman during the the Pre-Budget consultations Union Budget 2024: The full budget for 2024-25 is expected to be presented in Parliament in the second half of July. Union Budget 2024: As part of the pre-budget consultation, the union minister for finance & corporate affairs, Nirmala Sitharaman, on […]

Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service and has considered a monthly fee of around $5 to access the superior version, according to people with direct knowledge of the company’s plans. Known internally as “Banyan,” a reference to the […]

With the transforming lifestyle of buyers, the luxury housing market in Delhi-NCR is booming, highlighting an upsurge in the demand for high-end living. The emergence of smart home technology and the idea of sustainable living has become the talk of the town, and are leading the trends of luxury homes. The definition of luxury is […]

Finance Minister Nirmala Sitharaman on Thursday chairs the third Pre-Budget consultation with industry leaders and associations in connection with the forthcoming Budget 2024-25 in New Delhi. Sanjeev Agrawal, president of PHDCCI, recommends status quo on the corporate tax rate at 22 per cent for existing companies and 15 per cent for new manufacturing companies Industry […]

The Indian rupee experienced a significant drop on June 20, Thursday, plunging by 17 paise to hit a two-month low of 83.61 per dollar. This decline occurred despite robust buying activity in the capital market. The domestic currency’s fall is part of a broader weak trend for the rupee, exacerbated by dollar strength, Chinese Yuan […]

With regard to savings accounts, interest earned up to Rs 10,000 is exempt from tax.(Representative image) State Bank of India Chairman Dinesh Kumar Khara has pitched for tax relief on interest income State Bank of India Chairman Dinesh Kumar Khara has pitched for tax relief on interest income, saying it would help banks to garner […]

Finance Minister Nirmala Sitharaman In The Meeting On June 19 The full budget for 2024-25 is expected to be presented in Parliament in the second half of July. Union Budget 2024: Union minister for finance & corporate affairs, Nirmala Sitharaman, on Wednesday chaired the first pre-budget consultation with India’s leading economists. This crucial meeting set […]

Refunds aggregating to Rs. 53,322 crore issued in the current fiscal Direct Tax Collection In India: Advance Tax collections for FY2024-25 stand at Rs. 1,48,823 crore with a growth of 27.34% Direct Tax Collection In India: The provisional figures of Direct Tax collections for the financial year 2024-25 (as of June 16 showed that Net […]

Once your policy is revived, ensure that you continue to pay your premiums regularly to keep the policy in force and maintain its benefits. Approval from LIC is necessary for the revival of any discontinued policy to take effect. LIC Lapsed Policy Revival: Reviving a lapsed Life Insurance Corporation of India (LIC) life insurance policy […]

RBI imposes fines on Central Bank of India and Sonali Bank PLC. The RBI conducted Central Bank of India’s Statutory Inspection for Supervisory Evaluation (ISE 2022) with reference to its financial position as on March 31, 2022. The Reserve Bank of India (RBI) on Friday, June 14, imposed a penalty of Rs 1.45 crore on […]

Before starting to file ITR, taxpayers need to evaluate which income tax regime benefits them the most based on their income and eligible deductions. (Representative image) Here’s the step-by-step guide on how to file ITR online for AY2024-25, including income tax rates for both new and old regimes and documents required A Step-by-Step Guide on […]

The acquisition will improve Ambuja Cement’s share in the cement market pan-India by 2 per cent and 8 per cent in south India. Ambuja will acquire 100 per cent shares of Penna Cement Industries Ltd (PCIL) from its existing promoter group P Pratap Reddy and family Ambuja Cements, an Adani group firm, on Thursday announced […]

Indian Railways also compares the rates before buying anything. Reports suggest this saving has been done from 10 stations in the Madhya Pradesh region. Indian Railways is a statutory body that operates India’s national railway system under the Ministry of Railways, Government of India. It manages the world’s third-largest railway network. According to the latest […]

Last Updated: June 12, 2024, 23:44 IST Washington D.C., United States of America (USA) Fed officials also raised their inflation forecasts for 2024 and kept their growth outlook unchanged. (Photo: AP file) The announcement suggests that central bank officials remain wary about cutting rates too soon, despite consumer inflation data published earlier Wednesday, which pointed […]

The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for “failing” to put in place a mechanism to detect and report suspicious transactions carried out at one of its branches by creating a “fraud” account in the name of counter-terrorist commando force NSG. The federal agency issued […]

Union minister Piyush Goyal. (News18) Piyush Goyal also reviews the working of the two departments – commerce and DPIIT with all the senior officials Senior BJP leader Piyush Goyal on Tuesday took charge of the Commerce and Industry Ministry and said it will work to promote the country’s economic growth. Jitin Prasada also assumed charge […]

Published By: Business Desk Last Updated: June 11, 2024, 15:21 IST RBI Governor Das says the UPI payment interruptions are due to banks’ obsolete technology, not the NPCI. The extensive UPI outage emphasises how important it is to have a strong digital infrastructure and quick resolution processes UPI customers around the country have recently been […]

Published By: Pragati Pal Last Updated: June 10, 2024, 23:48 IST Currently, 41 per cent of taxes collected by the Centre is devolved in 14 instalments among states during a fiscal year. (Representational Image) It was decided that apart from the regular release of the devolution amount for the month of June 2024, one additional […]

The new proposal would weed out stocks with consistently low turnover from the Futures & Option (F&O) segment of the bourses. Under the proposal, for an individual stock to be included for derivative trading, it should have traded for 75 per cent of trading days. Capital markets regulator Sebi on Monday proposed stricter norms for the […]

PNB has got the board of directors’ approval As on March 31, 2024, PNB had presence in six countries State-owned Punjab National Bank plans to open a representative office in Dubai, as part of its plan to expand its global footprint. The bank has got the board of directors’ approval for opening a representative office […]

Top-10 companies added a total of Rs 3,28,116.58 crore to their market valuations. State Bank of India and Life Insurance Corporation of India (LIC) were the laggards from the top-10 pack. Eight of the 10 most valued domestic firms together added Rs 3.28 lakh crore to their market valuation last week, with blue-chips Tata Consultancy […]

The dividend will be paid to eligible shareholders on or before June 30. In one year, the HDFC AMC has given a 90 per cent return to its investors. This multi-bagger stock has given a return of 26 per cent in three years. HDFC Asset Management Company (HDFC AMC) has announced an interim dividend of […]

Strategically developed in the National Capital Region (NCR), Bhiwadi has been swiftly transforming into one of the sought-after real estate destinations, propelled by its well-planned advantages and burgeoning development projects. This lesser-known industrial town is gaining attention due to its fast-developing infrastructure and a broad spectrum of commercial and residential ventures. Situated along the pivotal […]

Stock market crashed on June 4 the day of Lok Sabha election results in which Rs 31 lakh crore of investors’ wealth was wiped out. (Representative image) Several investors had taken to social media to complain about being unable to square off their positions. Leading stock exchange BSE stated on Friday that delays in receiving […]

If uncertain about the necessity of filing an updated ITR, seek advice from a tax advisor. An updated return is ineligible for submission if it pertains to a return reporting a loss. Spotted a mistake in your ITR? Don’t sweat it! Here’s your chance to hit the rewind button. An Updated Income Tax Return, also […]

One of the most talked-about issues during the 2024 Lok Sabha elections has been jobs, a crucial concern of the country’s young population. Reflecting this focus, a report on the hiring trends for May 2024 was released by a talent platform called ‘foundit’, offering valuable insights to guide the youth towards prospective sectors. According to […]

Here’s how to unlock your Aadhaar card. If you’re facing trouble unlocking your Aadhaar, or facing a problem logging in on the myAadhaar app or website, there is a step-by-step guide for you Aadhaar, a unique identification document in India, offers security features like locking. This can be helpful if you suspect misuse. However, there […]

NIPL is a wholly owned subsidiary of the National Payments Corporation of India. (Representative image) NPCI International CEO Ritesh Shukla said this partnership aims to strengthen Peru’s financial infrastructure, to foster economic growth. NPCI International Payments Ltd (NIPL) and the Reserve Bank of Peru have announced a partnership to enable a UPI-like real-time payment system […]

Indian shares exhibited a fluctuating pattern of gains and losses during early trading on Wednesday after posting their worst day in over four years in the previous session. This came amid a narrow win for Prime Minister Narendra Modi’s alliance, which raised concerns about policy continuity. The BSE Sensex jumped 2,000 points, recording its day’s […]

Published By: Business Desk Last Updated: June 04, 2024, 17:25 IST Last week, HDFC Bank also shut down most of its services, including net banking, mobile banking, and UPI, on May 25 The bank has announced this information about the temporary unavailability of the service to its customers through emails and SMSes. One of India’s […]

In the late morning session, the 50-share NSE Nifty tanked 1,371.85 points or 5.9 per cent to 21,892.05. Shares of public sector enterprises and state-owned banks tumbled up to 15 per cent on Tuesday Shares of public sector enterprises and state-owned banks tumbled up to 15 per cent on Tuesday as benchmark equity indices plunged […]

Bikanervala Foods is one of the leading players in sweets and snacks products. (Representative image) Bikanervala said it has decided to absorb the hike in rates of milk by leading suppliers Amul and Mother Dairy. Bikanervala Foods Ltd said it will not increase the prices of sweets as of now and has decided to absorb […]

GenAI could potentially boost India’s GDP by an estimated US$359-438 billion by FY30. (Representative image) EY said the advent of new technologies, notably generative AI (GenAI), has a potential to enhance productivity and output. As India sets its sights on achieving ‘Viksit’ status by 2047, the nation’s economy stands on the brink of a significant […]

Last week, the 30-share BSE Sensex tanked 1,449 points or 1.92 per cent. It rose by 75.71 points or 0.10 per cent to settle at 73,961.31 on Friday, snapping a five-day losing streak. Reliance Industries remained the most valued firm from the top-10 pack, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, SBI, LIC, […]

Intellect Design Arena Ltd this week launched two cutting-edge AI-powered platforms iCPX and iAPX for corporate procurement and accounts payable solutions. Intellect Design, which already has clients like Reserve Bank of India, ICICI Bank and HDFC Bank using its fintech products, is now entering the new AI-driven procurement domain with these two products Intellect Design […]

The government has released GST collection data for May 2024. GST Collection in May 2024: The 10% growth has been recorded on the back of a strong increase in domestic transactions (up 15.3 per cent) and slowing of imports (down 4.3 per cent) Gross GST collection in May 2024 recorded a 10 per cent year-on-year […]

Customers can earn rewards for every Rs 100 spent on the card. Since this credit card is based on the RuPay network, you will also be able to avail UPI facility through it. If you are fond of watching movies and want cashback on UPI payments every time you purchase a movie ticket or make […]

Though India’s Q4 GDP growth is the lowest in the past 4 quarters, they have still surpassed all analysts’ expectations by touching 7.8 per cent. Analysts had expected a slower GDP growth of 5.9 per cent-6.7 per cent for Q4 FY24. For full 2023-24, India’s GDP growth rate stood at 8.2 per cent as against […]

Last Updated: May 31, 2024, 14:19 IST Shares of Zomato are trading with losses of over 5 per cent on Friday after foreign brokerage Macquarie forecast nearly 50 per cent decline in the food delivery platform’s share price in the next 12 months owing to increased competition in the quick commerce sector. The brokerage reiterated […]

Last Updated: May 30, 2024, 22:36 IST This is the second time Reliance Industries has made it to the TIME 100 list, making it the only Indian company to be recognised twice. (Representational Image) RIL was placed in TIME’s list of 100 World’s Most Influential Companies of 2024 under the ‘Titans’ category Reliance Industries Limited […]

Tesla boss Elon Musk recently criticised LinkedIn, the job search platform owned by Microsoft. His comments were in response to a post by a user named Alex Cohen, who expressed his strong dislike for LinkedIn, stating, “I hate LinkedIn with a passion.” Responding to it, Elon Musk agreed, “LinkedIn is so cringe it will make […]

The directions will have immediate effect, says the RBI. The RBI has taken the action against ECL Finance Ltd and Edelweiss Asset Reconstruction Company Limited under the SARFAESI and the Reserve Bank of India Act, 1934 The Reserve Bank of India (RBI) on Wednesday imposed business restrictions on ECL Finance Ltd and Edelweiss Asset Reconstruction […]

Rating agency S&P on Wednesday revised its outlook for India to ‘positive’ from ‘stable’. While affirming its long-term rating for India at ‘BBB-‘, the agency said it expects reforms to continue in the country. “The positive outlook reflects our view that continued policy stability, deepening economic reforms, and high infrastructure investment will sustain long-term growth […]

After being on ice for the last two years, the IPO market is on the road to recovery as a booming stock market and economic resilience spur companies to list their shares. Novelis, the world’s largest recycler of aluminum, says its parent is looking to raise up to $945 million through the sale of 45 […]

A case registered by the CBI is the basis of the ED’s money laundering case. (Representative image) A special court dealing with cases under (PMLA sent a man to 14 days judicial custody in a Rs 263 crore income tax refund fraud A special court in Mumbai dealing with cases under the Prevention of Money […]

BJP president J P Nadda said on Monday that there will be no reservation based on religion as long as Prime Minister Narendra Modi and the party are in power. Accusing the opposition of planning to give reservation based on religion, he said, “It is clearly written in the Constitution that there will be no […]

India needs to impose a 2 per cent tax on net wealth exceeding Rs 10 crore and a 33 per cent inheritance tax to deal with the problem of rising inequality in the country, and create fiscal space for investments in the social sector, a new research paper co-authored by economist Thomas Piketty has suggested. […]

Sundar Pichai. (Photo Credits: Instagram Google CEO Sundar Pichai has expressed confidence in India’s capability in artificial intelligence (AI) and said the country is “well-positioned” to shape the future of this technology Google CEO Sundar Pichai has expressed confidence in India’s capability in artificial intelligence (AI) and said the country is “well-positioned” to shape the […]

Last week, the BSE benchmark zoomed 1,404.45 points, or 1.89 per cent. In the ranking of the top-10 companies, Reliance Industries retained the tile of the most-valued firm, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, SBI, LIC, Infosys, Hindustan Unilever, and ITC Nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore […]

The all-time high peak power demand of 243.27 GW was recorded in September 2023; the record is expected to be broken during this summer season. As per power ministry data, the peak power demand met or the highest supply in the day, was recorded at 239.96 GW on Friday, which is the maximum so far […]

Income Tax Return Filing: To file your ITR, you will need to gather all the necessary documents and information. (Representative image) Filing ITR enables you to claim tax refunds for excess taxes paid and credits for taxes deducted at source, while also avoiding penalties for non-compliance. Income Tax Return Filing: Filing your Income Tax Return […]

The e-commerce firm neither disclosed the amount proposed to be invested by Google nor the details of the fund being raised by the firm. Google has proposed an investment in e-commerce major Flipkart to buy a minority stake during the company’s fresh funding round Internet major Google has proposed an investment in e-commerce major Flipkart […]

The Reserve Bank of India’s (RBI) decision to declare its highest-ever dividend of Rs 2.11 lakh crore for 2023-24 evoked mixed reactions from economists. The dividend or surplus transfer by the RBI to the Centre was Rs 87,416 crore for the fiscal 2022-23. The previous high was Rs 1.76 lakh crore in 2018-19. While noted […]

IndiGo’s domestic market share rose to 60.6 per cent in April, as per the latest official data.(Representative Photo) InterGlobe Aviation, the parent of IndiGo, recorded a profit after tax of Rs 1,894.8 crore for the fourth quarter of 2023-24 compared to Rs 919.2 crore in the same period a year ago, a release said The […]

After reviewing the Q4 FY24 results of Paytm, Macquarie, a research firm, noted that Paytm’s loan disbursements surged to Rs 20 billion in April 2024, bouncing back from a low of Rs 9 billion in February 2024. This rebound was attributed to regulatory directives affecting its associated entity. According to a report by news agency […]

Last Updated: May 22, 2024, 22:44 IST Nadella is the chief of Microsoft, which acquired the professional networking platform LinkedIn in December 2016. (Image: Microsoft) In a 63-page order, the Registrar of Companies ((NCT of Delhi & Haryana) said that LinkedIn India and the individuals violated the Significant Beneficial Owner (SBO) norms under the Companies […]

Byju’s is in involved in litigation with at least seven vendors in NCLT amid an acute financial crisis. The three cases against Byju’s were filed by publisher McGraw Hill, BPO service provider Cogent, and automation control products supplier AG Automation Byju’s parent company, Think and Learn Pvt Ltd, is facing financial trouble and is being […]

The market capitalisation of the top-10 companies currently stands at a little above $1 trillion or Rs 90.54 lakh crore. All-India market capitalisation, including 5,391 listed companies, stands at $5 trillion or Rs 414.7 lakh crore, which is about $633 billion higher than that at the start of the year Despite the markets witnessing volatility […]

BNPL’s ease of use can be tempting, especially for multiple purchases. Not all BNPL options are created equal. Interest-free periods and late fee structures can vary significantly. BNPL stands for Buy Now, Pay Later. It’s a popular payment option gaining traction in India that lets you split your purchases into instalments instead of paying upfront. […]

Oil India has declared its Q4 financial results. Oil India also approves a final dividend of Rs 3.75 per equity share of Rs 10 each (pre-bonus), which translates into final dividend of Rs 2.50 per share (post-bonus) for 2023-24 fiscal Oil India Ltd (OIL) on Monday reported an 18 per cent rise in its consolidated […]

7th Pay Commission DA Hike: Retirement fund body Employees’ Provident Fund Organisation (EPFO) has announced to keep in hold its previous circular on the hike on retirement gratuity and death gratuity by 25 per cent consequent to the hike in Dearness Allowance (DA). The maximum retirement benefit and death benefit were increased by 25 per […]

A stamp duty of Rs 5.8 crore on the transaction was signed by Patel. (Representative Image) The sale deed of the apartment was signed on April 29 and it comes with nine car parking slots, the documents showed The promoter of diamond company Kiran Gems, Mavjibhai Shamjibhai Patel has bought an apartment worth Rs 97.4 […]

Know what are flexi cap mutual funds The most defining feature of flexi cap funds is their flexibility to invest across various market capitalisations. Flexi cap funds are mutual funds that offer flexibility in investment across companies of different market capitalisations. Unlike traditional mutual funds that focus on a specific market cap segment (large-cap, mid-cap, […]

The board of IDFC First Bank presented the result of voting on the proposal for amalgamation before the NCLT. The National Company Law Tribunal (NCLT) convened a meeting on May 17 through video conferencing and other audio-visual means to consider and approve the composite scheme of amalgamation for IDFC First Bank Shareholders and non-convertible debenture […]

Gold Prices in India on May 18. Gold Rate Today: Check gold prices in different cities on May 18, 2024 in Rs/10 grams Gold Rate Today In India: On May 18, the price of 10 grams of gold rose in India as China’s stimulus and the US rate cut expectations lifted gold and silver prices […]

SpiceJet and Ajay Singh’s counsel had earlier argued that his challenge was on the issue of 18 per cent interest which the tribunal had directed SpiceJet to pay. A bench of Justices Yashwant Varma and Ravinder Dudeja allowed the appeals filed by Singh and SpiceJet challenging the single judge’s July 31, 2023 order The Delhi […]

Manjushree Khaitan, Kesoram Industries chair, passes away The last rites of Khaitan took place later in the evening in the presence of Birla family members, including nephew Kumar Mangalam Birla Manjushree Khaitan, the chairperson of BK Birla group flagship Kesoram Industries, passed away on Thursday at Birla Park in Kolkata after a prolonged illness. She […]

SEBI’s stance has not previously been reported. (Representative image) SEBI said it could monitor cryptocurrencies that take the form of securities as well as new offerings called Initial Coin Offerings (ICO). India’s market watchdog has recommended that several regulators oversee trade in cryptocurrencies, documents show, the strongest signal to date that at least some authorities […]

Last Updated: May 16, 2024, 13:24 IST Should you buy Apollo Tyers After Q4 numbers? Shares of Apollo Tyres Limited surged over 7 per cent to Rs 508 in morning trade on May 16; Should you invest? Shares of Apollo Tyres Limited surged over 7 per cent to Rs 508 in morning trade on May […]

Gold ETFs witnessed an inflow of Rs 2,920 crore in 2023. The data by AMFI also showed that even as the Rs 396 crore outflow occurred in April, there was an inflow of Rs 373 crore in the preceding month. Gold Exchange Traded Fund (ETF) witnessed a net withdrawal of Rs 396 crore in April, […]

An income tax return (ITR) is the paperwork submitted to the tax department detailing your earnings, deductions, and tax payments for a specific financial year. This procedure is referred to as income tax filing. Filing an ITR serves to compute your tax obligation for the year and settle any extra taxes owed, or to seek […]

Haldiram’s, a household name in India, has more than 150 restaurants selling local food, sweets and western cuisine. It also has a popular snacks business for which the deal talks are currently ongoing. (Image: Reuters/File) The consortium of Blackstone, Singapore state fund GIC and Abu Dhabi Investment Authority has submitted a non-binding bid for a […]

As per the data, inflation in food articles rose to 7.74 per cent in April as against 6.88 per cent in March. The wholesale price index (WPI) based inflation was 0.79 per cent in April last year. In March 2024, it was 0.53 per cent. The wholesale inflation rose for the second consecutive month in […]

Last Updated: May 13, 2024, 22:53 IST New York, United States of America (USA) Melinda will receive $12.5 billion as part of her agreement with Gates. (AFP) Melinda praised the foundation’s CEO, Mark Suzman, and the foundation’s board of trustees, which was significantly expanded after the couple announced their divorce in May 2021 Melinda French […]

Radhakishan Damani-promoted DMart has paid a stamp duty of Rs 7.03 crore for the transaction that was registered on May 6. DMart is looking to redevelop the land into a retail centre or a commercial building Continuing its strategic growth trajectory, billionaire Radhakishan Damani’s Avenue Supermarts, which owns supermarket chain DMart, has bought a 1.2 […]

Stable housing costs shield homeowners from the vagaries of rental market fluctuations, facilitating better financial planning. (Representative image) Real estate values tend to appreciate over time, positioning homeowners for potential wealth accumulation In the never-ending debate of whether to buy a house or continue renting in India, the scales often tip towards the former for […]

India’s exports to China rose by 8.7 per cent to $16.67 billion in the last fiscal. The bilateral trade between India and the US stood at $118.3 billion in 2023-24. Washington was the top trading partner of New Delhi during 2021-22 and 2022-23 China has emerged as the largest trading partner of India with $118.4 […]

DoT also disconnected 20 lakh mobile connections. The Department of Telecommunications launched the Chaksu portal two months ago to handle telecom cyber fraud-related grievances. The Department of Telecom (DoT) has ordered telecom operators to block 28,200 mobile handsets for their alleged link with cyber crimes. It has also directed the telecom operators to carry out […]

Cardio-vascular diseases see the most claims, followed by cancer, injuries and maternity and related complications. (Representative image) In terms of claims as well, Bengaluru has an average claim size of Rs 73,000, Delhi is at Rs 62,375 and Mumbai has the highest average claim size of Rs 92,796. Companies in Bengaluru, across sizes, take the […]

Last Updated: May 10, 2024, 21:12 IST Rao has the experience of over three decades in the Reserve Bank of India. As ED, Rao will look after the Deposit Insurance and Credit Guarantee Corporation, the Right to Information Act (FAA), and the Department of Communication The Reserve Bank of India (RBI) on Friday appointed R […]

The Bank of England raised interest rates aggressively in late 2021 from near zero to counter price rises first stoked by supply chain issues during COVID-19 and then by Russia’s invasion of Ukraine. (File Photo: Reuters) The British economy grows 0.6% in the first quarter from the previous three-month period, with broad-based strength across the […]

Happiest Minds look forward to a great showing in FY25, which will be a mix of strong organic growth, including consolidation play with existing marquee customers like Macmillan Learning and inorganic growth through the acquisition of PureSoftware and now Aureus. The acquisition, which is valued at an upfront cash consideration of USD 8.5 million (about […]

Hero MotoCorp shares jump over 6% Shrugging off weak market sentiment, shares of Hero MotoCorp continued witnessing strong traction for the second consecutive session; Should you invest? Shares of Hero MotoCorp surged by over 6 per cent in early trading on Monday, propelled by the release of the leading two-wheeler manufacturer’s Q4 results, which exceeded […]