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,…

Last Updated:November 21, 2024, 19:57 IST Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process Adani Group denied the allegations and said in a statement that it would seek all possible legal recourse”. Kenyan President William Ruto said on Thursday he had ordered…

Last Updated:November 21, 2024, 16:20 IST CA Suresh Surana highlights elements of law relevant to individuals, focusing on optimising tax outgo through deduction, exemption The IT Act provides taxpayers a choice between two distinct regimes: the old tax regime and the new tax regime. India’s rapidly expanding economy and evolving…

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…

Last Updated:November 20, 2024, 15:59 IST Bitcoin, the world’s biggest and best-known cryptocurrency, has more than doubled this year. Cryptocurrencies have soared since the November 5 US election as traders bet President-elect Trump’s promised support for digital assets would lead to a less restrictive regulatory regime. Bitcoin rose to a…

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…

Last Updated:November 19, 2024, 16:00 IST RBI cautioned public against “deepfake” videos of the governor being circulated on social media RBI Governor Shaktikanta Das (File photo) The Reserve Bank of India (RBI) on Tuesday warned the public about “deepfake” videos being circulated on social media that falsely depict Governor Shaktikanta…

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…

Last Updated:November 18, 2024, 14:29 IST Meesho has acted against 2.2 crore suspicious transactions on its platform and filed 12 cases in the last 12 months Meesho claims to have reduced lottery fraud incidents by 75 per cent since October 2023. SoftBank-backed e-commerce platform Meesho has acted against 2.2 crore…

Last Updated:November 17, 2024, 16:28 IST If you already have an Aadhaar card and need to update some details, you can make those changes online Aadhaar Card Making Process: Once your enrolment is complete, your Aadhaar number will be generated In an era where most services are accessible online, the…

Last Updated:November 17, 2024, 14:28 IST Many jewellers allow some negotiation on making charges, especially during festive seasons, wedding seasons, or promotional offers The price of gold jewellery is determined by several factors: Understanding the dynamics of gold prices and jewellery pricing in India is crucial for making informed purchasing…

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…

Last Updated:November 16, 2024, 14:57 IST IT department to send messages to taxpayers who have not disclosed high-value foreign income or assets in their ITRs for AY 24-25 CBDT has launched a Compliance-Cum-Awareness Campaign for Assessment Year 24-25 The Income Tax Department announced on Saturday that it has initiated a…

Last Updated:November 15, 2024, 18:05 IST The latest gold and silver prices are at their two-month lows as the prices below this were last recorded on September 20, 2024, when the 24-carat yellow metal had stood at Rs 75,526. Experts say the gold prices in India are falling due to…

Last Updated:November 15, 2024, 13:38 IST JM Financial has said that Zomato and Jio Financial Services could soon join the benchmark Nifty 50 It is mandatory for a stock to a part of the F&O segment to be included in the Nifty 50 index. JM Financial has said that Zomato…

Last Updated:November 14, 2024, 20:10 IST Boeing is navigating these cuts amid lingering challenges, including a recent decline in production following a major incident in January and a seven-week strike that paralysed its operations. Boeing Layoffs. Boeing has announced to lay off 17,000 employees, which is 10 per cent of…

Last Updated:November 14, 2024, 12:57 IST Investing in a child’s future is the best gift one can give them. Your child can achieve their dreams and ambitions with the correct child investment 6 Govt Schemes To Secure Your Child’s Financial Future Investing in a child’s future is the best gift…

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…

Last Updated:November 13, 2024, 12:41 IST India’s largest options contract Nifty Bank will have its last weekly expiry today; What it means for investors and traders Nifty Bank will have its last weekly expiry today India’s largest options contract Nifty Bank will have its last weekly expiry today as Sebi’s…

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…

Last Updated:November 12, 2024, 11:59 IST Nike agreed to pay the $410,000 fine for Air Jordan 1’s NBA uniform violation and cleverly took it as a bold marketing opportunity. The tagline “NBA cannot stop you” led to the rise of the shoe’s popularity among its fans Nike offered Michael Jordan…

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…

Last Updated:November 11, 2024, 12:10 IST Waaree Energies share price dropped nearly 20% in the last three sessions; What’s causing selling pressure? Waaree Share Price Waaree Energies share price dropped nearly 20 per cent in the last three sessions on fears of a decline in renewable energy exports to the…

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…

Last Updated:November 10, 2024, 11:44 IST The exodus of foreign investments from Indian equity markets continued unabated So far this year, FPIs invested Rs 1.06 lakh crore in the debt market. The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore…

Last Updated:November 09, 2024, 17:18 IST We still get a lot of [liquified natural gas] from Russia, and why not replace it by American LNG, which is cheaper for us and brings down our energy prices, says Ursula von der Leyen. European Commission President Ursula von der Leyen. European Commission…

Last Updated:November 09, 2024, 10:22 IST Though the IPO listing will take place on November 13, the grey market activity indicates a muted listing on the day. The Rs 11,300-crore Swiggy IPO received bids for 57.53 crore shares as against the 16.01 crore shares on offer. The Swiggy IPO, which…

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),…

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…

Last Updated:November 07, 2024, 20:59 IST US Stock Market Today: Check Dow Jones, S&P 500 and Nasdaq Updates Ahead Of Fed Meeting US Stock Market Today US Stock Market Update: Stocks edged up slightly on Thursday, reaching record highs after a major rally fueled by Donald Trump’s decisive presidential election…

Last Updated:November 07, 2024, 10:25 IST The rupee hit its fresh all-time low of 84.30 to a dollar on Thursday, amid FPI outflows and expectations that Donald Trump’s win in the US presidential elections is likely to boost the American currency in the coming months. The Indian currency had recorded…

Last Updated:November 06, 2024, 22:12 IST Elon Musk Wealth Latest: Tesla’s shares on Wednesday skyrocketed by 13% to $286.10 apiece; in the past two days, the stock has surged nearly 18% raising its CEO Elon Musk’s net worth by $20.5 billion to $285.2 billion. Elon Musk gestures on stage during…

Last Updated:November 06, 2024, 10:05 IST Swiggy IPO: Unlisted shares of Swiggy Ltd are currently trading just Rs 12 higher in the grey market, signalling a 3.08 per cent listing gain from the public issue. Swiggy IPO will remain available for public subscription between November 6 and November 8. Swiggy…

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…

Last Updated:November 05, 2024, 10:00 IST Moneycontrol’s unique combination of stock markets data, financial tools, exclusive research on stocks and markets and business news that matters, backed by the power of transactions, has made it an irresistible proposition Moneycontrol Pro, the platform’s premium subscription service, recently crossed one million subscribers.…

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…

Last Updated:November 04, 2024, 08:27 IST Stocks to watch: Shares of firms like IRFC, IRCTC, Coal India, HUL, Tata Motors, Hyundai Motors, and others will be in focus on Monday’s trade Stocks To Watch Stocks to Watch On November 4: Domestic markets traded under pressure on the last trading day…

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…

Last Updated:November 02, 2024, 15:52 IST Unlisted shares of Swiggy Ltd are currently trading just Rs 22 higher in the grey market, signalling a 5.64 per cent listing gain from the public issue. The Swiggy IPO will be available for subscription between November 6 and November 8. Swiggy IPO: Food…

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…

Last Updated:November 01, 2024, 16:33 IST Pureit offers a broad range of residential water purification solutions, primarily in India. The partnership with AO Smith will help Pureit deliver even more advanced solutions to address the evolving water purification needs in India. AO Smith Corporation, a global water technology company, on…

Last Updated:November 01, 2024, 17:07 IST Dropbox has decided to lay off 528 employees or about 20 per cent of its workforce amid shoftening demand and macroeconomic headwinds in its core business. This is the second round of layoffs at Dropbox after a 16 per cent reduction in staff in…

Last Updated:October 31, 2024, 07:00 IST Before you start your festive shopping, check your credit score. All credit card issuers offer the option to pay a minimum amount, usually a percentage of the total balance. (Representative image) By Bhushan Padkil Festivals today have become synonymous with spending. Whether indulging in…

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…

Last Updated:October 30, 2024, 07:00 IST As the festive season approaches, many people plan their budgets to celebrate, but it’s easy to overspend Can Gold Loans Can Fuel Your Festive Aspirations. Check Expert Tips. (Representative image) The joy of celebrations shouldn’t cloud your financial judgement or lead to spending beyond…

Last Updated:October 29, 2024, 18:32 IST In a move targeting high-value properties, the GST Council has recommended a tax hike on luxury housing priced above Rs 15 crore. Currently, housing units priced at up to Rs 45 lakh are categorised as affordable. In a significant development, the Goods and Services…

Last Updated:October 28, 2024, 20:22 IST In recent weeks, several banks have introduced special schemes that feature reduced interest rates and waived processing fees. This could be the perfect time to purchase a home, a car, or even invest in fixed deposits (FDs). As the festive season approaches with celebrations…

Last Updated:October 28, 2024, 17:21 IST Airtel’s current MD & CEO Gopal Vittal will become executive vice-chairman on January 1, 2026. Shashwat Sharma. Telecom major Bharti Airtel on Monday announced to appoint Shashwat Sharma as its managing director and chief executive officer (MD & CEO), with effect from January 1,…

Last Updated:October 27, 2024, 14:19 IST Reliance Industries retains the title of the most valued firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, ITC, Hindustan Unilever and LIC. Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent. Nine of the…

Last Updated:October 27, 2024, 15:16 IST SBI Chairman CS Setty receives the award in recognition of the bank’s unwavering commitment to providing exceptional services and promoting financial inclusion nationwide by winning the trust of its customers. State Bank of India is the country’s largest lender. State Bank of India (SBI)…

Last Updated:October 26, 2024, 15:20 IST ICICI Bank posted a 14.5 per cent growth in its standalone profit to Rs 11,746 crore for the second quarter ended September 2024. The bank reported an interest income of Rs 40,537 crore during the quarter compared to Rs 34,920 crore in the year-ago…

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…

Last Updated:October 25, 2024, 18:19 IST Bank of Baroda’s gross non-performing assets fall to 2.50 per cent of gross advances at the end of the September quarter of 2024 as against 3.32 per cent a year ago. Bank of Baroda’s total income rises to Rs 35,445 crore in the quarter…

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…

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…

Last Updated:October 24, 2024, 17:58 IST Section 56(2)(x) of the Income Tax Act outlines the rules regarding the taxation of gifts. Know about the tax on gifts received during the Diwali season. (Representative image) Diwali, the festival of lights, is a time of joy, celebration, and exchange of gifts. Whether…

Last Updated:October 23, 2024, 17:54 IST HUL Q2 Results: Its revenue from product sales during July-September 2024 rises 2.36 per cent to Rs 15,703 crore. Hindustan Unilever has decided to separate its ice cream business. FMCG major Hindustan Unilever Ltd (HUL) on Wednesday reported a 2.33 per cent fall in…

Escorts Kubota says the transaction is being carried out for a lump sum cash consideration of Rs 1,600 crore subject to the terms of the agreement. On the rationale behind the sale, Escorts Kubota says it has decided to divest the RED in line with its strategic focus on agri…

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…

Published By: Business Desk Last Updated: October 22, 2024, 17:48 IST Google CEO Sundar Pichai. (Photo Credits: Instagram Sundar Pichai emphasised that the provision of free meals serves a dual purpose Alphabet Inc. CEO Sundar Pichai discussed Google’s policy of providing free meals for employees, during an appearance on The…

Last Updated: October 21, 2024, 21:01 IST The situation unfolded when a customer withdrew Rs 300 from the ATM and immediately became suspicious upon seeing the notes. This incident raised serious concerns among residents, who are now apprehensive about the safety and reliability of ATMs in the area. An incident…

Gold is often valued not just for its beauty but for its reliability as a secure and tangible investment that can be converted into cash whenever needed. Know the importance of buying gold on Dhanteras Dhanteras Gold Purchase: Buying gold on Dhanteras is more than just a financial move—it’s a…

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…

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…

The GoM on GST rate rationalisation has decided to exempt GST on premiums paid for health insurance with coverage of Rs 5 lakh for individuals. The GoM proposes to reduce rates on several items and hiking on many, and the overall rejig is expected to yield a revenue surplus of…

Surveys have shown significant number of women prefer taking life and financial advice from other women in their proximity. In India, women constitute nearly half of the population, yet their economic contributions remain limited to 18% of the GDP. In India, women constitute nearly half of the population, yet their…

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…

A growing number of urban Indians believe that retirement planning should start early. 44% of Indians consider the right age to start planning for retirement to be before 35 years, a new survey said. 93% of the respondents above 50 years of age regret delaying retirement planning. Max Life Insurance…

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…

5 Quick Steps to Secure Yourself this Festive Season By acting swiftly, reporting scams to the right authorities, and educating others, you can build a safer online ecosystem. As the festive season approaches, shoppers are eager to take advantage of deals and discounts, but so are fraudsters ready to exploit…

Exports during April-September this fiscal increased 1 per cent to $213.22 billion, and imports grew by 6.16 per cent to $350.66 billion. (Representative image) The trade deficit, or the gap between imports and exports, was USD 20.8 billion during the same month last year. It soared to a 10-month high…

Even as the Indian real estate sector is witnessing fast growth with the prices in key cities surging as high as 140 per cent within 5 years, it is also becoming more inclusive. More women are now stepping into leadership roles, reshaping the industry’s dynamics. In an interview with news18.com,…

Curated By: Business Desk Last Updated: October 15, 2024, 12:51 IST Business could surpass Rs 75,000 crore in Delhi alone. Festivals like Diwali, Dhanteras, and Rakshabandhan are considered auspicious for buying gold. During the festive season in India, while people often purchase items like cars, furniture, and home appliances, the…

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…

Wholesale inflation in potato and onion continued to be high at 78.13 per cent and 78.82 per cent, respectively, in September. Inflation in food items shot up to 11.53 per cent last month against 3.11 per cent in August. This was led by 48.73 per cent inflation in vegetables as…

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…

HAL upgraded to ‘Maharatna’ status With HAL’s elevation, India now boasts 14 Maharatna PSUs Hindustan Aeronautics Limited (HAL) has been granted the prestigious status of Maharatna Central Public Sector Enterprise (CPSE). The announcement was made on October 12 by the Department of Public Enterprises via a post on X, following…

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…

Hi-Tech Pipes issued 26,996,734 fresh equity shares at Rs 185.50 per equity share under the QIP. The Hi-Tech Pipes QIP was oversubscribed by marquee institutional investors and received bids of over Rs 800 crore. Steel pipes maker Hi-Tech Pipes has raised over Rs 500 crore through Qualified Institutional Placement (QIP)…

India’s industrial production contracted mainly due to poor showing by the mining and power generation sectors. The IIP growth rate for the month of August 2024 is (-) 0.1 per cent, which was 4.7 per cent in the month of July 2024 India’s industrial production contracted 0.1 per cent in…

Who is Noel Tata, the likely successor of Rata Tata? The demise of Ratan Tata has left a vacuum at the top post of Tata Trusts, which holds a 66 per cent stake in Tata Sons, the group’s holding company that controls its largest listing companies. The late chairman of…

Elon Musk says in the video from 2009 that he knew Ratan Tata and said he was a ‘gentleman and a scholar’. (Image: X/REUTERS) Elon Musk in a conversation with TV presenter Charlie Rose discussed Ratan Tata and the famous Tata Nano. As India and the world mourns the passing…

Ratan Tata, who passed away on late October 9 at the age of 86, had succeeded J R D as the chairman of the Tata Sons in 1991. Since then, the company has touched new heights as it witnessed a number of major international and domestic deals under him. The…

Ratan Tata (right) along with J R D Tata (second from right) during a visit to manufacturing facilities for the B1B bomber and the space shuttle. (Photo credit: Instagram/ Ratan Tata) As the nation consoles Ratan Tata’s death, it is a moment to reflect on the monumental impact the Tata…

Curated By: Business Desk Last Updated: October 09, 2024, 12:21 IST India is the world’s third-largest oil importer. After Iran’s missile attack on Israel, international crude oil prices have risen from about $70 (Rs 5,876) a barrel to close to $79 (Rs 6,632) a barrel in less than a week.…

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. …

MTNL share price declined 7.5 per cent to Rs 48.2 per share on the BSE in Tuesday’s intraday trade. Including today’s loss, MTNL share has tumbled 15.2 per cent in three days as against a 2 per cent dip in the benchmark BSE Sensex index during the period. On Saturday,…

Published By: Saurabh Verma Last Updated: October 07, 2024, 23:14 IST The EV firm continues to lose its market share in the Indian EV market and in September, its share further dropped to 27 per cent amid rising competition as well as its crippling service centres. Aggrieved customers flooded social…

Upcoming IPO in October 2024 After a wave of IPOs in recent weeks, the primary market will experience a brief slowdown, with only two new public issues scheduled for the this week After a wave of initial public offerings (IPOs) in recent weeks, the primary market will experience a brief…

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…

Know how can traveling during off-peak seasons help reduce costs on flights, hotels, and attractions Travelling during off-peak seasons can slash costs on flights, hotels and attractions. By Taneia Bhardwaj Solo travel is an exhilarating and unique experience. According to Airbnb data, around 30% of Indian female travellers hit the…

At the current market price, Zomato’s entire ESOP scheme becomes worth Rs 330.17 crore. Zomato’s stock options granted shall be capable of being exercised within (a) 10 years from the date of vesting of options, or (b) 12 years from the date of listing, whichever is later under ESOP 2014…

In what may be the priciest real estate deal in Mumbai’s Borivali suburb, a 4 BHK luxury apartment was sold for Rs 14 crore, setting a per square foot price of Rs 56,000, according to property registration documents accessed by IndexTap.com. This transaction marks the highest rate ever for a…

Prime Minister Narendra Modi speaks at the 3rd Kautilya Economic Conclave. Amid big global uncertainty, we are here discussing ‘The Indian Era’, it shows that today the trust in India is of different level, says Prime Minister Narendra Modi. Prime Minister Narendra Modi on Friday said the trust in India…

Iran, which is operating under U.S. sanctions, produced about 4.0 million barrels per day of fuel in 2023, while Libya produced about 1.3 million bpd last year. Brent crude futures were up 9 cents, or 0.12%, to $77.71 a barrel as of 0010 GMT. U.S. West Texas Intermediate crude futures…

The Open Network for Digital Commerce (ONDC) represents a groundbreaking initiative to transform the eCommerce landscape. By democratising digital commerce, ONDC is not only reshaping the way business is conducted but is also levelling the playing field for sellers across the nation. A Vision for Inclusive Growth ONDC is setting…

Amid an intense debate in India Inc about high stress at workplaces, Zoho CEO and Co-founder Sridhar Vembu has said companies that push workers “very hard” will not be able to sustain the pace and advocated that a “different” mindset is needed to build long-term and sustainable organisations. In an…

Last Updated: October 01, 2024, 23:40 IST The term of the current external members – Ashima Goyal, Shashanka Bhide and Jayanth Varma – was due to end on Oct. 4.(Representative image) Ram Singh is the director of the Delhi School of Economics, with experience in teaching, research and publishing. Nagesh…

Know interest rates and key features of small savings schemes Check latest small savings schemes interest rates and all features of ten government-backed schemes in India Small Savings Schemes Interest Rates: Government savings plans give people a safe and reliable way to save money, helping them and their families stay…

Gold Rate Today In India. Gold Rate Today: Stay updated with the latest gold prices today across various cities in India. Gold Rate Today In India: On September 30, gold prices in India were around Rs 77,000 per 10 grams. The price of 24-carat gold, known for its highest purity,…

The twin cities of Noida and Gurugram have done exceptionally well in terms of infrastructure development. NCR remains the only market in the September quarter where new launches have exceeded sales. Written by Sanju Bhadana: The national capital region (NCR) has recorded a significant growth in new property launches in…

Andhra Pradesh Chief Minister N Chandrababu Naidu (left) and Lulu Group International CMD Yusuffali M A. In 2019, the company had said it would never invest in the state after the YS Jagan Mohan Reddy-led dispensation allegedly revoked land allotments. The Lulu Group International, an Abu Dhabi-based diversified conglomerate, is…

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…

Gold Rate Today In India. Gold Rate Today: Stay updated with the latest gold prices today across various cities in India. Gold Rate Today In India: On September 28, gold prices in India were around Rs 77,000 per 10 grams. The price of 24-carat gold, known for its highest purity,…

Reported By: Mohammad Haris Last Updated: September 25, 2024, 18:38 IST Vedanta on Wednesday said its board will meet on October 8 to consider and approve the fourth interim dividend on equity shares for the financial year 2024-25. “The meeting of the Board of Directors of the company is proposed…

LinkedIn reveals India’s Top Startups of 2024; Zepto retains top spot for second straight year 14 out of the 20 Top Startups ranked this year are new entrants Bengaluru continues to thrive with half of the Top Startups headquartered in the city. LinkedIn, the professional networking platform, released the 2024…

The price of gold in the bullion market of Delhi rose by Rs 600 to Rs 76,950 per 10 grams on Monday. (Representative/AP) According to Chintan Mehta the demand for gold as a safe investment option has further increased due to rising geopolitical tensions, especially due to the war in…

In Noida, locations along the Noida-Greater Noida Expressway, such as Sectors 135, 142, and Sector 18, also attracted significant occupier interest. (Representative image) NCR’s office market saw strong performance in H1 2024, with 5.7 mn sq ft of gross leasing, reflecting 12% YoY growth from H1 2023. According to Knight…

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…

The announcement comes ahead of The Amazon Great Indian Festival, which is set to start on September 27. The Amazon Great Indian Festival is set to start on September 27. E-commerce platform Amazon on Monday announced an increase in its standard commission income rates across 20 plus sub-categories for over…

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…

British band Coldplay announced a third show in India due to “phenomenal demand”. BookMyShow crashed seconds before Mumbai’s Coldplay concert ticket went live Anticipation and excitement are running high among music enthusiasts for Mumbai’s Coldplay concert, and this euphoria has captured the hospitality sector as well. Hotel prices in Mumbai…

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…

Northern Arc Capital IPO Allotment Finalised: The share allotment of the Northern Arc Capital IPO, which was available for public subscription between September 16 and September 19, has been finalised. Investors must have got a bank debit message if they are allotted shares. They can also check allotment status on…

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…

The year-on-year inflation rates based on CPI-AL and CPI–RL for this month (August 2024) were recorded at 5.96 per cent and 6.08 per cent. The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 7 points each in August 2024, reaching levels of…

RBI had imposed the restrictions on IIFL Finance on March 4, 2024. The RBI’s decision is effective immediately and allows IIFL Finance to resume the sanctioning, disbursal, assignment, securitisation, and sale of gold loans in compliance with all relevant laws and regulations, says the company. IIFL Finance on Thursday said…

Last October, Accenture announced that it would not be providing salary increases to its employees in India and Sri Lanka in 2023. Accenture’s shares saw their steepest drop in four years this past March after the company revised its fiscal 2024 revenue outlook Technology firm Accenture is reportedly delaying the…

US Fed Meeting: The US Federal Reserve on Wednesday cut key interest rates by 50 basis points to 4.75-5 per cent. This is the first rate cut in more than four years. The two-day meeting of the Federal Open Market Committee (FOMC), the rate-setting authority in the US, concluded on…

SLPs/appeals pending before Supreme Court, high courts, and tribunals that are below the prescribed threshold should be withdrawn, says CBDT. Tax authorities can file appeals before the ITAT, high courts and Supreme Court, if the disputed tax demand exceeds Rs 60 lakh, Rs 2 crore and Rs 5 crore. The…

Published By: Business Desk Last Updated: September 17, 2024, 18:05 IST IIT Bombay (File Photo/ X) The grant will also be used to develop a first-of-its-kind program in financial markets at IIT Bombay. The Motilal Oswal Foundation has pledged to donate Rs 130 crore to the Indian Institute of Technology…

The survey reveals that 64% of individuals wished they had begun their term insurance journey sooner. (Representative image) Saving and securing their loved ones’ future emerge as the primary reasons for opting for life insurance policies. Imagine yourself navigating the demands of daily life—balancing your career goals, family obligations, and…

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…

Last Updated: September 16, 2024, 14:40 IST PM Narendra Modi speaks at the Semicon India 2024 at Greater Noida in Uttar Pradesh. Prime Minister Narendra Modi on Monday said his government in the first 100 days of its third term had tried to address every sector and factor for rapid…

The southern property market, comprising Bengaluru, Chennai and Hyderabad, saw a dip in new launches, while Delhi-NCR saw a rise in the first half of CY2024, according to a report by data analytics firm PropEquity. The new launches dipped by 14.5 per cent at 64,430 units in H1 CY2024 against…

A credit score is a numerical evaluation of an individual’s creditworthiness, ranging typically from 300 to 900. (Representative image) Keep your credit utilisation ratio below 30% to maintain a healthy CIBIL score. A CIBIL score is crucial when applying for a loan. A low score can not only make loans…

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…

The government initiated the sale of onions at a subsidised rate of Rs 35 per kg through mobile vans and outlets of NCCF and NAFED. The government’s subsidised onion sale initiative, launched on September 5, has led to price drops in major cities within days The government’s subsidised onion sale…

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…

Last Updated: September 13, 2024, 13:44 IST Hindustan Aeronautics Ltd. or HAL shares gained over a percent in trade on September 13 after reports suggested the public sector defense player could be the next to a ‘Maharatna’ PSU. According to CNBC-TV18, HAL could be upgraded to ‘Navratna’ to ‘Maharatna’ by…

The ECB said Thursday it would take future cuts meeting by meeting depending on incoming information about the economy. It is the second rate cut as the bank starts to withdraw some of the swift rate increases it imposed to snuff out a burst of double-digit inflation that broke out…

Tata Steel CEO T V Narendran Tata Steel CEO said India should build a manufacturing economy which is greener than China’s, with a holistic approach India should build a manufacturing economy which is greener than China’s, with a holistic approach that involves both the government and the private sector, Tata…

Excluding volatile food and energy costs, so-called core prices in the US rose 3.2% in August from 12 months earlier, the same as in July. Wednesday’s report from the Labor Department showed that US consumer prices rose 2.5% in August from a year earlier. It was the fifth straight annual…

Reported By: Mohammad Haris Last Updated: September 11, 2024, 13:57 IST Microsoft’s Indian arm has purchased the land from Indo Global Infotech City LLP. (File Photo) Microsoft Corporation (India) Private Limited, acquired 66,414.5 square meters (16.4 acres) of prime land in Pune’s Hinjewadi. Global tech giant Microsoft has made a…

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…

Apple on Tuesday lost its fight against an order by EU competition regulators Apple on Tuesday lost its fight against an order by EU competition regulators to pay 13 billion euros in back taxes to Ireland Apple on Tuesday lost its fight against an order by EU competition regulators to…

Retail inflation for industrial workers eased in July Retail inflation for industrial workers eased to 2.15 per cent in July this year. Retail inflation for industrial workers eased to 2.15 per cent in July this year. The All-India CPI-IW (Consumer Price Index for Industrial) for July 2024 increased by 1.3…

Last Updated: September 09, 2024, 13:16 IST Zomato Share Price Today. Zomato shares were trading marginally higher on Monday after Jefferies maintained a ‘buy’ rating Zomato shares were trading marginally higher on Monday after Jefferies maintained a ‘buy’ rating on the stock and set a base case target of Rs…

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…

54th GST Council Meeting Agenda: The GST Council on Monday is expected to deliberate on a host of issues, including taxation of insurance premiums, GoM’s suggestions on rate rationalisation, and a status report on online gaming, sources said. Sources said the fitment committee, comprising Centre and state tax officials, will…

HDFC Bank has kept MCLR unchanged for tenures other than three months. HDFC Bank has changed interest rates on just one tenure, on 3-month MCLR, raising it by 5 basis points, while keeping it unchanged for other tenures. HDFC Bank, India’s largest private sector bank, has revised its Marginal Cost…

Since the entire issue is an OFS, all the proceeds from the IPO will go directly to the selling shareholder, rather than to the company. The IPO of Mumbai-headquartered Carlyle Group-backed Hexaware Technologies is a complete offer for sale (OFS) by promoter CA Magnum Holdings, part of Carlyle Group. Private…

Such a large embezzlement from a junior employee raises further questions about corporate governance at the firm. (Representative Image) Based on review of the facts discovered during the investigation, “the Group has recorded an expense for the aforementioned amount during the year ended March 31, 2024″ IPO-bound food delivery platform…

The cost of a vegetable thali declined to Rs 31.2 per plate in August 2024 from Rs 34 in August 2023. A vegetarian thali became cheaper by 8 per cent year-on-year (YoY) in August 2024 mainly on account of ease in the prices of tomato, fuel and vegetable oil. A…

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…

Mumbai and Delhi have emerged as the least affordable cities in terms of property. (Representative image/File Photo) The report said that the property price to annual household income ratio (P/I ratio) in India has increased from 6.6 in 2020 to 7.5 in 2024, which is higher than the globally accepted…

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…

Curated By: Business Desk Last Updated: September 04, 2024, 12:28 IST The price of GDA’s vacant plots has increased manifold. It is going to be more expensive for the middle class to buy a home in Delhi-NCR. The rates of flats in Delhi-NCR have skyrocketed in the last few months,…

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…

Curated By: Business Desk Last Updated: September 03, 2024, 12:21 IST The Netherlands leads the list of European countries importing petroleum from India. Around 15 to 17 European nations consistently rank among the top 100 countries to which India exports petroleum. India’s petroleum exports to various European markets have seen…

Last Updated: September 02, 2024, 21:14 IST A bird’s eye view seen from a high-rise building in Noida. (PTI Photo) The Noida Authority will seek public feedback on these proposed changes over the next 15 days. The Noida Authority has put forward a significant amendment to the city’s building by-laws…

Bank Holidays In September 2024 (Representative image) State-wise Bank Holiday Schedule for September 2024: Make sure to plan your banking operations keeping these holidays in mind. Bank Holidays In September 2024: If you need to visit a bank branch in September 2024, make sure to check the list of bank…

Reported By: Mohammad Haris Last Updated: September 01, 2024, 17:24 IST GST Collection in August 2024. Gross GST collection in August 2024 recorded a 10 per cent jump to Rs 1,74,962 crore. Gross GST collection in August 2024 recorded a 10 per cent jump to Rs 1,74,962 crore, according to…

The government is unlikely to release the 18-month arrears for DA and dearness relief, as hinted by MoS Finance Pankaj Chaudhary. 7th Pay Commission: The central government is likely to announce a 3-4 per cent hike in dearness allowance and dearness relief in the third week of September 2024, which…

Last Updated: August 31, 2024, 22:54 IST RBI Governor Shaktikanta Das. (File photo) The RBI had projected a growth rate of 7.1 per cent for the April-June quarter of this fiscal The slowing of India’s economic growth to a 15-month low of 6.7 per cent in the April-June quarter was…

The share allotment of the Premier Energies IPO has been finalised, and the investors can check the status on the websites of BSE and NSE as well as on the portal of registrar Kfin Technologies. Now, the IPO listing is scheduled to take place on Tuesday, September 3, and investors…

Last Updated: August 30, 2024, 21:14 IST The project has recorded over Rs 3,000 crore in bookings within just 48 hours. This development, with a total value exceeding Rs 3,000 crore, is a landmark in Ghaziabad’s real estate market and reflects a new era of luxury living in the region.…

Baazar Style Retail IPO: The initial public offer of value fashion retailer Baazar Style Retail Ltd has been opened for public subscription on Friday. The price band of the IPO has been fixed at Rs 370-Rs 389 per share. Till 10:59 am on the first day of bidding on Friday,…

Last Updated: August 29, 2024, 22:22 IST Government permitted the use of sugarcane juice and sugar syrup for ethanol production in the 2024-25. (Image: Representative) In December 2023, the government prohibited the use of sugarcane juice or sugar syrup for ethanol production in the 2023-24 ESY The government on Thursday…

Premier Energies IPO: The initial public offering (IPO) of solar panel maker Premier Energies Ltd will be closed on Thursday, August 29. The price band of the IPO was fixed at Rs 427-450 per share. Till 11:35 am on the final day of bidding on Thursday, the 2,830.4-crore IPO received…

Amrita Ahuja is the current Chief Operating Officer (COO) and Chief Financial Officer (CFO) of Block. She joined the payments platform in 2018 as its CFO, when it was still named Square. Aradhana Sarin took on the AstraZeneca’s CFO role in 2022, joining from biopharma Alexion, and worked on Wall…

PM Modi launched the Pradhan Mantri Jan Dhan Yojana in 2014. The Pradhan Mantri Jan Dhan Yojana, launched on this day in 2014 Prime Minister Narendra Modi on Wednesday hailed those who worked to make the Jan Dhan Yojana a success and said the scheme has been paramount in boosting…

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,…

Last Updated: August 27, 2024, 11:08 IST Paytm shares rose 3 per cent after the fintech company issued a clarification on the media news saying “Vijay Shekhar Sharma, Paytm directors face Sebi show-cause notices over IPO breaches”. “With reference to recent media reports, we would like to inform you that…

Last Updated: August 26, 2024, 18:14 IST A potential property boom is on the horizon. These properties, part of the Uttar Pradesh Housing Development Council’s Mandola Vihar Scheme, are priced at nearly half of their market value. If you’re eyeing real estate in the National Capital Region (NCR), Ghaziabad might…

Last Updated: August 26, 2024, 08:09 IST Petrol and Diesel Prices on Monday. Stay updated with the latest petrol and diesel prices in Mumbai, other cities for August 26, 2024. Discover the current rates per litre and understand the factors influencing daily fuel prices. Petrol, Diesel Prices Today On August…

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…

Hero Motors Ltd, the auto-components firm of the Hero Motors Company (HMC) Group, on Saturday filed preliminary papers with markets regulator Sebi to raise Rs 900 crore through an initial public offering (IPO). The IPO is a combination of a fresh issue of equity shares worth Rs 500 crore and…

Union Cabinet approved the Unified Pension Scheme. After extensive consultations and discussions, including with the JCM (Joint Consultative Mechanism), the committee has recommended the Unified Pension Scheme. Today, the Union Cabinet has approved the scheme. The Union Cabinet on Saturday approved the Unified Pension Scheme (UPS), for an assured pension…

Axis Ecorp is set to offer its first lot of luxury suites in the coveted North Goa, near the rapidly developing MOPA region. (Representative photo) Through this partnership, Axis Ecorp targets a total revenue of up to Rs 100 crore in the current financial year. Axis Ecorp, which is into…

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…

Published By: Business Desk Last Updated: August 23, 2024, 07:00 IST The government agency clarified that not everyone has to get a tax clearance certificate by referencing section 230 of the Act. Not everyone needs to obtain a tax clearance certificate. The Ministry of Finance has refuted claims stating that…

Zomato Legends has been closed down. Update on Zomato Legends – after two years of trying, not finding product market fit, we have decided to shut down the service with immediate effect, says Zomato founder and CEO Deepinder Goyal. Online food ordering platform Zomato on August 22 decided to shut…

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…

The overall export of cut and polished diamonds declined 21.34 per cent in July to USD 907.67 million from USD 1,174.41 million in the year-ago period. (Representative image) The overall gem and jewellery exports witnessed a 21.93 per cent yearonyear decline in July to USD 1,665.4 million (Rs 13,922.03 crore)…

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…

Moody’s said credit quality will remain robust for companies in India and Indonesia. (Representative image) Moody’s said the seven rated oil and gas companies in India will also account for around 30 per cent of rated Indian companies’ capex. Moody’s Ratings on Tuesday said rated Indian companies will spend USD…

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…

Billionaire Gautam Adani’s ports-to-energy conglomerate saw June quarter pre-tax profit surge by 33 per cent on back of strong performance by core infrastructure business as also emerging businesses ranging from solar and wind manufacturing to airports. “EBITDA (in April-June) surged by 32.87 per cent year-on-year to reach Rs 22,570 crore,…

India’s holding is the highest in the last one year and it was at $237.8 billion in May 2024. (Representative image) Japan was the top holder with securities worth over $1.11 trillion, followed by China at the second spot with a holding valued at $780.2 billion in June. India’s holding…

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 RBI issued guidelines for P2P lending in 2017. RBI tightened norms for Non Banking Financial Company – Peer to Peer Lending Platforms to improve transparency and compliance. The Reserve Bank on Friday tightened norms for Non-Banking Financial Company – Peer to Peer Lending Platforms (NBFC-P2P Lending Platform) to improve…

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…

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…

Written by Mohit Goel: Faridabad has seen a remarkable transition, transforming from a quiet industrial town in the National Capital Region (NCR) into a dynamic urban centre teeming with residential and commercial possibilities. Furthermore, the development of Greater Faridabad has been a cornerstone in this transformation, playing a crucial role…

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…

India is the world’s second-biggest gold consumer after China. The imports stood at USD 13.2 billion in April-July 2023. India’s gold imports, which have a bearing on the country’s current account deficit (CAD), dipped by 4.23% to USD 12.64 billion during April-July 2024-25 due to global economic uncertainties, according to…

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…

Last Updated: August 14, 2024, 15:57 IST The National Stock Exchange (NSE) and BSE will remain closed on Thursday The National Stock Exchange (NSE) and BSE will remain closed on Thursday, August 15, 2024, in view of Independence Day Stock Market Holiday: The National Stock Exchange (NSE) and BSE will…

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…

Tatavarti joined Wipro in April 2021 as the technology head under the then-CEO and MD Thierry Delaporte. In another high-level exit at IT major Wipro, its Chief Technology Officer Subha Tatavarti has resigned to pursue opportunities outside the company. In another high-level exit at IT major Wipro, its Chief Technology…

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…

The enhanced price for new gas will make the new gas development projects viable and help the ONGC to augment the production of Natural Gas from nominated fields in challenging areas that require higher amount of capital and technology. The government has now notified the allocation of gas produced from…

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…

Home Loan Interest Rate Comparison 2024: Navigating the home loan market can be challenging, especially with interest rates that can fluctuate and significantly affect your long-term financial plans. For anyone considering buying a home or refinancing, staying informed about the current interest rates from India’s top banks—State Bank of India…

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…

Know remedial steps available to reverse the transaction in case of a transfer to a wrong account. If someone has mistakenly transferred money to the wrong UPI ID using platforms like Google Pay, PhonePe, or Paytm, they can file a complaint through the NPCI portal. As digital payment systems in…

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,…

The e-commerce industry is poised for a 35% surge in sales during the upcoming festive season, a substantial leap from the previous year. E-commerce sector to hire 10 lakh gig workers and 2.5 lakh contractual staff this festive season, projects Teamlease Services TeamLease Services, the staff management platform, has projected…