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  Consumers may get relief on petrol, diesel prices this festive season

  October 21, 2020 14:15 IST

  Global crude prices are holding close to $ 42 a barrel now. It has been hovering between $ 40-42 a barrel for over a month now. But with lower oil demand and rising inventory, there is fear a song oil-producing companies that crude prices may start falling again.

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  Home loan EMIs set to reduce as SBI announces up to 25 bps cut on rates

  October 21, 2020 13:23 IST

  SBI's customers would get an interest concession of 25 bps on a home loan of above Rs 75 lakh, based on their CIBIL score and if they are applying through YONO, the lender's digital lending platform.

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  Alembic Pharma gets USFDA nod for cholesterol lowering drug

  October 21, 2020 12:09 IST

  Drug firm Alembic Pharma on Wednesday said it has received approval from the US health regulator for Fenofibrate capsules, which reduces cholesterol and triglycerides in blood.

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  Onions continue to give tears as price touches Rs 73/kg in Chennai, highest among metro cities

  October 21, 2020 10:40 IST

  Experts and traders are of the view that heavy rainfall in south and western regions has led to supply disruption and impacted the arrival of the kharif crop which will begin in full swing in the coming weeks.

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  Cathay Pacific to shut one of its regional airlines; eliminate 8,500 job posts

  October 21, 2020 10:31 IST

  Hong Kong flag carrier Cathay Pacific on Wednesday announced that it will eliminate 8,500 job posts, making 5,900 staff redundant, and shut one of its regional airlines with immediate effect in an effort to cope with the Covid-19 pandemic-induced fallout. 

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  Sensex rallies over 400 points in early trade; Nifty tops 12K mark

  October 21, 2020 10:06 IST

  Equity benchmark Sensex rallied over 400 points and the Nifty topped the 12,000 mark in opening trade on Wednesday tracking strong buying sentiment in index majors HDFC twins, ICICI Bank and Reliance Industries amid positive cues from global markets.

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  Axis Bank festive offer: Home loans starts at 6.9%, auto loans from 7.99% | Check deals & discounts

  October 20, 2020 21:00 IST

  ‘Dil Se Open Celebrations’, a festive campaign by India’s third largest private lender Axis Bank has come as a boon for its debit and credit cardholders who can avail offers on more than 1,00,000 products from well-known brands and get up to 10X EDGE reward points on purchase of gift cards from popular brands.

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  Mercedes-Benz to start local assembly of vehicle range AMG in India

  October 20, 2020 16:55 IST

  German luxury carmaker Mercedes-Benz on Tuesday said it will start local assembly of its performance vehicle range AMG in India.

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  SpiceJet announces 62 new flights: 4 worldwide flights to Muscat, 58 on home routes | Details

  October 20, 2020 16:47 IST

  Budget carrier SpiceJet on Tuesday announced the launch of 62 new flights, including four international services to Muscat from Delhi and Ahmedabad and back, starting Thursday under the air bubble agreement with Oman.

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  Gold Price Today: Gold declines Rs 268; silver tanks Rs 1,126

  October 20, 2020 16:20 IST

  Gold prices fell by Rs 268 to Rs 50,860 per 10 grams in the national capital on Tuesday amid a decline in international prices of the precious metal, according to HDFC Securities. 

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  Sensex ends 113 points higher; HCL Tech spurts 4 per cent

  October 20, 2020 16:13 IST

  Domestic equity benchmark Sensex ended 113 points higher on Tuesday, tracking gains in HDFC Bank, HCL Tech and Infosys amid a rebound in the global markets. 

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  7th Pay Commission: Central govt employees likely to get DA hike, 48 lakh staffers to be benefited

  October 20, 2020 14:04 IST

  7th Pay Commission: The salaries of the employes may lead to hike before Diwali as the Union government is planning to change the base year for the consumer price index for industrial workers (CPI-IW). The move is likely to benefit 48 lakh central government employees.

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  Sunteck Realty acquires 50-acre land in Mumbai's Thane for development of affordable housing

  October 20, 2020 11:40 IST

  Real estate development company Sunteck Realty on Tuesday it has acquired around approx 50-acre land parcel in Vasind, Thane near Mumbai to develop a residential project. Sunteck Realty said the project will have a revenue potential of Rs 1,250 crore spanning over next 4-5 years.

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  Hiring activity dips 30% in Q2, rise in contractual jobs: Report

  October 20, 2020 11:01 IST

  Furthermore, the demand for contract workforce increased by 11 per cent in Q2 from the same period last year, while the demand for full-time employees decreased by 13.8 per cent, according to data from SCIKEY talent commerce platform, a talent marketplace.

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  Wipro wins five-year contract from Fortum

  October 20, 2020 10:49 IST

  Wipro Limited on Tuesday announced that it has won an Application Management (AMS) and Services Integration & Management (SIAM) contract from Fortum, one of the leading clean-energy companies headquartered in Finland.

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  Sensex rises over 150 points in early trade; Nifty tops 11,900

  October 20, 2020 9:56 IST

  Equity benchmark Sensex advanced over 150 points in opening trade on Tuesday tracking gains in index majors Infosys, HDFC Bank and TCS, despite weak cues from global markets.

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  Tata Housing offers fixed home loan rates for buyers for one year

  October 19, 2020 20:09 IST

  Tata Housing on Monday announced a scheme under which homebuyers will have to pay a flat 3.99 per cent interest rate on home loans for one year and the company will bear the rest as part of its effort to attract prospective customers. The scheme is valid across 10 projects till 20th November.

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  Amul introduces healthy beverage 'Seltzer' by blending dairy, fruits, fizz

  October 19, 2020 20:01 IST

  Dairy major Amul on Monday said it has introduced innovative and healthy beverage product 'Amul TRU Seltzer', a blend of dairy, fruit juice and fizz, in the market. Amul claimed that this is the first time that Seltzer has been introduced in the Indian market.

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  Gold Price Today: Gold rises Rs 182; silver jumps Rs 805

  October 19, 2020 17:17 IST

  Gold prices rose by Rs 182 to Rs 51,740 per 10 grams in the national capital on Monday, following gains in global precious metal prices, according to HDFC Securities.

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  Air India bid deadline may be extended till Dec 15, govt to ease asset valuation norm

  October 19, 2020 17:09 IST

  To attract potential suitors, the government will ease asset valuation norms for Air India by allowing bidders to put in offers on an enterprise value basis. The government is likely to further extend the deadline for putting in a preliminary expression of interest for the loss-making national carrier to December 15.

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  Sensex rallies 449 points; Nifty tops 11,850

  October 19, 2020 16:00 IST

  Equity benchmark Sensex rallied 449 points on Monday, led by heavy buying in banking and financial counters amid largely positive cues from global markets. 

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  Uber introduces rider mask verification selfie feature in India

  October 19, 2020 13:04 IST

  Uber on Monday said the riders who have been tagged for not wearing mask on a previous trip will have to take a selfie showing them wearing a mask, in order to book their next trip.  

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  Centre should take initiative in settling GST borrowing quantum issue: Kerala FM Thomas Isaac

  October 19, 2020 13:00 IST

  “Having come half way through for amicable settlement on issue of who should borrow, centre now should take initiative to settle remaining issue: How much to borrow?” Isaac tweeted.

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  Paytm to issue 20 lakh credit cards in 12-18 months; to partner with card issuers

  October 19, 2020 11:32 IST

  Leading digital financial services platform Paytm on Monday said it will partner with various card issuers to introduce co-branded credit cards and is aiming to issue 20 lakh cards in the next 12-18 months.

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  Sensex rallies over 300 pts in early trade; Nifty tops 11,800

  October 19, 2020 10:20 IST

  Equity benchmark Sensex rallied over 300 points in opening trade on Monday tracking strong gains in HDFC twins, ICICI Bank and Axis Bank amid positive cues from global markets. 

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  Mankind Pharma-RDIF ink pact for distribution of Sputnik V vaccine in India

  October 19, 2020 9:05 IST

  Russian Direct Investment Fund (RDIF) has inked a pact with Delhi-based pharmaceutical company Mankind Pharma for marketing and distribution of its Sputnik V vaccine

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  Adani, Piramal among bidders for bankrupt DHFL

  October 19, 2020 7:52 IST

  According to sources, Adani Group has bid for the wholesale and slum rehabilitation authority portfolio. Piramal Enterprises, on the other hand, has bid for its retail business.

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  Maruti Suzuki unveils special offers for govt employees with benefits up to Rs 11,000

  October 18, 2020 22:34 IST

  The country's largest carmaker Maruti Suzuki India on Sunday announced special offers for government employees with benefits up to Rs 11,000 over and above the ongoing festival consumer offers across its models.