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  Reserve Bank to buy govt securities worth Rs 1.20 lakh cr under G-SAP 2.0

  June 04, 2021 12:21 IST

  Under G-SAP 1. 0, the central bank will purchase Rs 1 lakh crore-worth government securities and the last transaction of such acquisition to the tune of Rs 40,000 crore is scheduled for June 17.

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  India's forex reserves may have exceeded USD 600 billion: RBI Governor Shaktikanta Das

  June 04, 2021 12:19 IST

  As per the RBI's data issued on May 28, the country's foreign exchange reserves rose by USD 2.865 billion to a record high of USD 592.894 billion for the week ended May 21.

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  RBI projects retail inflation at 5.1 pc in FY22

  June 04, 2021 12:18 IST

  The Reserve Bank of India on Friday projected the retail inflation at 5.1 per cent in the current financial year ending March 31, 2022.

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  Salasar Techno announces bonus share in ratio of 1:1, dividend of Rs 1

  June 04, 2021 11:40 IST

  Salasar Techno Engineering Bonus Share, Dividend: The company will pay bonus shares in the ratio of 1:1.

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  Singapore Red Cross sends Rs 38 crore for COVID-19 relief to India

  June 04, 2021 11:22 IST

  Singapore Red Cross (SRC) is sending nearly SGD 7 million (approx Rs 38 crore) to its counterpart in India for distribution to hospitals and medical institutions.

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  Britannia Industries to raise Rs 698.51 crore via bonus debentures

  June 04, 2021 9:44 IST

  Britannia Industries on Thursday said its board has approved a proposal to raise Rs 698.51 crore by issuing bonus debentures to eligible equity shareholders.

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  RBI keeps policy rate unchanged for 6th time in a row; cuts growth forecast to 9.5%

  June 04, 2021 10:52 IST

  RBI has decided to leave benchmark interest rate unchanged at 4 per cent. This is the sixth time in a row that RBI has maintained status quo.

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  Zydus Cadila gets nod for clinical trials of antibodies cocktail to treat COVID

  June 04, 2021 8:32 IST

  Zydus said that its biological therapy ZRC-3308, a cocktail of two SARS-CoV-2-neutralising monoclonal antibodies (mAbs) can emerge as one of the main treatments for mild COVID-19.

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  Banks can sell Vijay Mallya's properties, shares worth Rs 5,646 crore to recover dues

  June 03, 2021 17:16 IST

  Armed with court order, a consortium of lenders led by SBI can now sell certain real estate properties and securities belonging to fugitive Vijay Mallya to recover loans turned bad with failure of Kingfisher Airlines.

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  Tesla Inc begins hiring for major roles in India: Report

  June 03, 2021 16:59 IST

  As world's premium electric-car maker Tesla firms up its plans to roll out its first all-electric car in India this year, the company has begun recruiting for major roles to serve for its India business, according to a Bloomberg report.

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  Reliance Industries shares maintain winning run for 7th day; Mcap crosses Rs 14 lakh cr mark

  June 03, 2021 13:27 IST

  The market heavyweight stock has jumped 14.53 per cent in seven trading sessions to hit a high of Rs 2,250 on Thursday.

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  Sebi gives more time for implementation of SMS alerts for IPO process through UPI system

  June 03, 2021 10:48 IST

  Sebi has given more time for implementation of guidelines pertaining to SMS alerts under the UPI system for shares applied and allotted during an IPO.

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  Motherson Sumi to pay dividend of Rs 1.50 per equity share

  June 03, 2021 9:33 IST

  Motherson Sumi Systems has announced dividend of Rs 1.50 per share for the year ended on March 31.

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  Centre approves Model Tenancy Act: Here's how it will benefit tenants, landlords

  June 02, 2021 21:27 IST

  Under the Act, for residential premises, tenants will have to submit a security deposit of maximum two months' rent, while in case of commercial property, 6 months rent will have to be deposited.

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  After record fund raising, Mukesh Ambani says Reliance has strong balance sheet to support growth

  June 02, 2021 20:00 IST

  ​After record fund raising, Reliance Industries Ltd now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and Oil-to-Chemicals, according to the firm's Chairman and Managing Director Mukesh Ambani.  

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  Haffkine Bio-Pharma hopeful of Covaxin production in 8 months, targets 22.8 crore doses a year

  June 02, 2021 12:31 IST

  The Department of Biotechnology has given permission to HBPCL for producing Covaxin under Mission Covid Suraksha. Covaxin has been developed by Bharat Biotech in collaboration with ICMR.

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  Indian economy witnessing robust recovery: Piyush Goyal

  June 02, 2021 11:10 IST

  The Union Minister said that in the recent past, due to the rapid rise in COVID-19 cases, industrial production was severely impacted due to lockdowns, non-availability of oxygen, migration of workers, and the spread of the Coronavirus amongst the workforce.

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  ITC Dividend: Board approves Final Dividend of Rs 5.75 per share; Check record date

  June 02, 2021 17:09 IST

  ITC Dividend 2021: ITC Limited has declared a final dividend of Rs 5.75 per share. The company has fixed June 11 as the record date.

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  ITC posts Q4 net profit of Rs 3,817 crore; revenue at Rs 15,404 crore

  June 02, 2021 8:33 IST

  ITC Ltd has reported a consolidated net profit of Rs 3,816. 84 crore for the fourth quarter ended March 2021.

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  2020-21 darkest year of economy in four decades, laments Chidambaram

  June 01, 2021 20:52 IST

  The former finance minister attacked the Central government over the GDP numbers.

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  Reliance BP Mobility to provide free fuel to COVID ambulances

  June 01, 2021 19:27 IST

  Reliance BP Mobility Ltd, the fuel retailing joint venture of Reliance Industries Ltd and BP, has deployed a mobile fuel bowser in Mumbai for supplying fuel free of cost to ambulances on COVID-19 duty, a company statement said on Tuesday. 

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  Yes Bank lowers its FY22 growth estimate for India

  June 01, 2021 19:03 IST

  Implementation of lockdown-like restrictions due to the second wave is likely to create a break in the normalisation process in the Yes Bank's growth process.

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  HDFC Bank deploys mobile ATMs across 50 cities in India

  June 01, 2021 18:14 IST

  Customers can conduct over 15 types of transactions using the Mobile ATMs, which will be operational at each location for a specific period. The Mobile ATMs will cover 3-4 stops in a day.

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  Gold Price Today: Gold gains Rs 285; silver jumps Rs 952

  June 01, 2021 16:54 IST

  Gold prices rose by Rs 285 to Rs 48,892 per 10 gram in the national capital on Tuesday following a rally in global precious metal prices, according to HDFC Securities. 

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  IFFCO launches world's first nano urea; priced at Rs 240 per bottle

  June 01, 2021 14:33 IST

  Nano urea will be available to farmers through its cooperative sales and marketing channel apart from IFFCO''s e-commerce platform www.iffcobazar.in.

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  Eli Lilly India gets nod for emergency use of antibody drugs combination for COVID-19

  June 01, 2021 14:30 IST

  Eli Lilly and Company India on Tuesday said it has received permission for emergency use of its antibody drugs combination used for treatment of mild to moderate COVID-19, in the country.

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  Petrol, diesel prices hiked again, rates at new high

  June 01, 2021 13:44 IST

  Petrol and diesel prices on Tuesday scaled new highs across the country after they were hiked for the 17th time in a month. Petrol price was increased by 26 paise per litre and diesel by 23 paise a litre.

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  Moody's pegs India GDP growth at 9.3% in FY22

  June 01, 2021 12:25 IST

  "We expect a decline in economic activity in the April-June quarter, followed by a rebound, resulting in real, inflation-adjusted GDP growth of 9.3 per cent in the fiscal year ending March 2022 and 7. 9 per cent in fiscal 2022-23," Moody’s Investors Service said