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  Adani Group reacts to Hindenburg's allegation against Sebi chief, calls it 'a red herring'

  August 11, 2024 12:55 IST

  Adani Group's statement comes a day after Sebi chairman Madhabi Puri Buch and her husband denied allegations levelled against them by short seller Hindenburg, terming them as baseless and asserted that their finances are an open book.

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  Banks urged to focus on core business, innovate for higher deposits: FM Sitharaman

  August 10, 2024 14:54 IST

  Finance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.

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  Attention bank customers: Loan EMIs to go up as Bank of Baroda hikes lending rates by 5 bps

  August 10, 2024 14:36 IST

  The Bank of Baroda said it has hiked its 3-month MCLR from 8.45 per cent to 8.50 per cent, its 6-month MCLR from 8.70 per cent to 8.75 per cent, and the benchmark 1-year MCLR from 8.90 per cent to 8.95 per cent. It is a 5 bps hike on each tenure.

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  Union Bank of India hikes FD Interest rates for senior citizens: Check revised rates here

  August 09, 2024 18:24 IST

  The HDFC Bank in a statement said that senior citizens can get extra interest for FDs upto Rs 5 crore in all of its domestic term deposits scheme.

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  Closing market: Sensex jumps 819 points on global stocks rally, auto and IT stocks outshine

  August 09, 2024 17:45 IST

  Closing market news: On the Bombay Stock Exchange (BSE), 2,345 shares closed in the green, 1,562 shares in the red, and 99 shares with no change. The reason for the rise in the market is being attributed to the greater-than-expected decline in the number of jobless claims in the US.

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  HDFC Bank UPI services to be down tomorrow: Check timing, list of services to be affected

  August 09, 2024 16:37 IST

  The HDFC bank in a statement said that the financial and non-financial transactions for HDFC Bank Current & Savings Account (CASA) holders will not be available during the maintaince time.

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  Stock market update: Sensex soars 800 points, Nifty crosses 24,350 mark

  August 09, 2024 10:25 IST

  The stock market opened with a strong bullish trend on Friday, with the Sensex rising by 800 points and the Nifty crossing the 24,350 mark. IT stocks led the gains, and broader markets also showed significant strength.

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  RBI's big announcements: How will it affect common people? Here are 5 key points

  August 08, 2024 17:27 IST

  RBI Governor Shaktikanta Das made several significant announcements today. Let's understand how these changes might impact the general public.

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  RBI increases UPI transaction limit for tax payments to Rs 5 lakh

  August 08, 2024 11:10 IST

  RBI Governor Shaktikanta Das also proposed creating a public repository of digital lending apps to curb unauthorized players and expressed concerns over the rising disbursals of top-up home loans.

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  Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc

  August 08, 2024 11:29 IST

  This marks the ninth consecutive time the MPC has held the repo rate at 6.5%, maintaining its stance of 'withdrawal of accommodation' to steer inflation towards the desired target. The decision received majority support, with four out of six members in favour.

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  Finance Bill 2024: Sitharaman proposes amendments to LTCG tax provision on immovable properties

  August 07, 2024 18:41 IST

  Centre has brought an amendment to the Finance Bill 2024, to allow taxpayers to select either a 12.5 per cent long-term capital gains tax rate without indexation or a 20 per cent rate with indexation for property acquired before July 23 this year.

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  Sensex soars 1,000 points in early trade amid US recession concerns

  August 07, 2024 10:14 IST

  The stock markets witnessed a strong early trade recovery, with Sensex and Nifty showing substantial gains. The Sensex rose by 1,046.13 points to 79,639.20, while the Nifty surged by 313.9 points to 24,306.45, indicating positive investor sentiment and market momentum.

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  Bangladesh violence: Air India resumes flights, Vistara, IndiGo to operate services for Dhaka today

  August 07, 2024 6:51 IST

  Air India released helpline numbers for its passengers travelling to and from violence-hit Bangladesh. "Please connect with our Contact Centre at 011 69329333 , 011 69329999 or visit our website," Air India post on X read.

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  Amazon India head Manish Tiwary tenders his resignation, ends eight-year association with company

  August 06, 2024 20:08 IST

  Since joining the company in 2016, Tiwary is said to have played a crucial role in shaping Amazon’s trajectory in one of its most important markets, ensuring its continued expansion and success in a competitive landscape.

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  What should you do if you get an income tax notice after ITR filing? Know here

  August 06, 2024 16:42 IST

  ITR 2024: The Income Tax Department sends notices to taxpayers under various sections of the Income Tax Act, 1961.

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  Bangladesh violence: Air India, Indigo, and Vistara cancel flights to Dhaka as situation aggravates

  August 06, 2024 13:12 IST

  The neighbouring country plunged into uncertainty after extraordinary street protests over job quota forced Bangladesh Prime Minister Sheikh Hasina to flee the country. In view of the law and order situation, Indian air services to Dhakha have been halted for Tuesday.

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  Stock Market: Sensex surges 1,000 points, Nifty above 24,300

  August 06, 2024 9:44 IST

  The Sensex opened in positive territory today, currently up by 963.48 points, or 1.22%, trading at 79,722.88. The market's robust performance reflects investor confidence, with significant gains across multiple sectors contributing to the upward momentum.

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  Sensex tanks around 2394 points, Nifty declines to 24,302 amid pressure in US markets

  August 05, 2024 10:30 IST

  In the broad stock market indices, all indices including Nifty Next 50, Nifty 100, Nifty Midcap, and Nifty Small cap declined around 2 per cent during the opening session.

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  Zomato collected Rs 83 crore in platform fee from customers till March 2024

  August 04, 2024 16:57 IST

  Shares of Zomato zoomed more than 12 per cent on August 2 after the food delivery aggregator reported a multi-fold jump in consolidated net profit to Rs 253 crore for the June quarter. The stock of Zomato surged 12. 24 per cent to close at Rs 262.74 apiece on the National Stock Exchange.

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  ITR 2024: Waiting on your income tax refund? Here's when you can expect money

  August 03, 2024 11:23 IST

  ITR 2024: The process of issuing income tax refunds begins only after the taxpayer e-verifies their return. The deadline for filing Income Tax Returns (ITR) was July 31, 2024.

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  Record 7.28 crore Income Tax Returns filed by July 31, marking 7.5 per cent increase: Tax Department

  August 02, 2024 18:03 IST

  The Income Tax Department set a new record with 7.28 crore ITR filings for the fiscal year 2024-25, marking a 7.5% increase from last year. A notable 72% of taxpayers opted for the new tax regime.

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  Stock markets: Sensex tanks around 600 points, Nifty down to 24,818 day after hitting record high

  August 02, 2024 12:21 IST

  Despite the strong rally seen in the previous session, the market faced pressure as traders reacted to uncertain external factors, leading to a volatile start to the trading day.

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  GST collections surge by 10.3 per cent in July, cross Rs 1.82 lakh crore mark

  August 01, 2024 19:57 IST

  In a positive economic development, the government announced that July's Gross Goods and Services Tax (GST) collections have surged by 10.3%, reaching over Rs 1.82 lakh crore. This marks a significant improvement from the same period last year.

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  Closing bell: Nifty tops 25,000, Sensex hits 81,867 on record-breaking day

  August 01, 2024 19:40 IST

  The Nifty rose by 59.75 points to reach a new all-time high of 25,010.90, while the Sensex climbed 126.21 points to close at a record high of 81,867.55.

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  New FASTag rules take effect from August 1: All you need to know about key changes and guidelines

  August 01, 2024 13:56 IST

  FASTag is part of the government's broader initiative to promote digital payments and improve the efficiency of road transportation. Since February 2021, FASTag has been made mandatory for all vehicles in India, except for some exemptions like two-wheelers and certain categories of vehicles.

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  Stock markets opening bell: Nifty crosses 25,000 for first time, Sensex at all-time high

  August 01, 2024 10:10 IST

  In the early trade, the 30-share BSE Sensex climbed 334.83 points at 82,076.17. Meanwhile, the Nifty was also up by 104.70 points to 25,055.85.

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  Indian banking system under major ransomware attack, many banks turn offline, NPCI halts services

  July 31, 2024 22:59 IST

  In a public advisory issued late on Wednesday, the National Payment Corporation of India (NPCI), which oversees payment systems, announced that it had temporarily restricted C-Edge Technologies from accessing the retail payments system operated by NPCI.

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  ITR filing 2024: Over 7 crore income tax returns filed till 7 PM on deadline day, says IT department

  July 31, 2024 21:56 IST

  The I-T department's helpdesk has been operational 24x7, offering support through calls, live chats, WebEx sessions, and social media to assist taxpayers with ITR filing and related services.