More From Economy
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EPFO introduces simplified process for death claims: Here's all you need to know
May 21, 2024 19:33 ISTThe Employees' Provident Fund Organisation (EPFO) has introduced a new rule to simplify the process of claiming EPF benefits after a member's death. This initiative aims to address challenges faced by field offices in updating or rectifying Aadhaar details posthumously.
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How did Ebrahim Raisi's tragic demise affect global oil, gold prices? DETAILS
May 21, 2024 10:44 ISTRaisi's untimely death has prompted speculation on global markets as Iran is a major oil-producing country. However, experts believe his death won't have a significantly debilitating effect as all state matters are controlled by Iran's Supreme Leader Ayatollah Ali Khamenei.
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Stock markets: Sensex falls 218 points, Nifty declines 97 points to 22,404 in early trade
May 21, 2024 10:40 ISTIn the early trade, the 30-share BSE Sensex fell 218.11 points to 73,787.83 in early trade. The Nifty declined 97.45 points to 22,404.55.
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Uber becomes first to get aggregator licence under Delhi premium bus scheme
May 20, 2024 18:25 ISTUber has become the first company to receive an aggregator licence from the Delhi Transport Department to operate buses under the Delhi Premium Bus Scheme. The official launch of Uber Shuttle follows a successful pilot program that showed significant demand for bus services in Delhi.
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India's banking sector net profit crosses Rs 3 lakh cr for first time, PM Modi reacts
May 20, 2024 17:26 ISTPrime Minister Narendra Modi said that the improvement in the health of banks will help improve credit availability to our poor, farmers and MSMEs.
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Raghunandan Kamath, founder of Naturals ice cream, dies at 75 in Mumbai
May 19, 2024 11:44 ISTBorn to a fruit vendor, Kamath in his early days assisted his father in the fruit business, which is said to have provided him with an invaluable understanding of fruits. He left his village at the age of 14 and shifted to Mumbai, where he found a job at his brother’s restaurant.
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Lava's former MD booked for sending imposter to AIIMS to get heart test for bail extension
May 18, 2024 20:37 ISTFormer Lava MD Hari Om Rai was arrested in October last year in Vivo mobile money laundering case. The ED has alleged, in the case, that various companies were used to send money to China to evade tax.
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NSE, BSE conducts special trading session to test preparedness for disruptions
May 18, 2024 14:13 ISTThese sessions are being conducted based on specific discussions with markets regulator SEBI and their technical advisory committee with a view to assessing the preparedness of market infrastructure institutions.
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Hinduja family emerges as UK's richest for third year in a row: Top 20 rich families in Britain
May 18, 2024 3:06 ISTThe Sunday Times has released the list of top 20 richest people in Britain. According to the list, the Hinduja family has once again emerged UK's richest.
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Sensex gains 253 points, Nifty climbs 62 points amid market rally
May 17, 2024 23:50 ISTMajor sectors such as IT, finance, and consumer goods saw notable increases, driving the overall market uptrend. Positive global cues and strong domestic earnings reports contributed to the rally.
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UN raises India's growth rate in 2024 to nearly 7 pc, remains world's fastest-growing large economy
May 17, 2024 8:30 ISTAccording to the latest update, the consumer price inflation in India is projected to decelerate from 5.6 per cent in 2023 to 4.5 per cent in 2024, staying within the central bank’s two to six per cent medium-term target range.
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Sensex surges 676 points, Nifty climbs 203 points
May 16, 2024 23:56 ISTBharti Airtel also made significant gains, climbing by 2.38% to Rs 1,342.95, amid expectations of tariff hikes post-general elections. Additionally, Tech Mahindra Ltd (TecM), Titan Company Ltd, and Infosys Ltd each recorded gains of over 2%.
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SBI hikes fixed deposit interest rates up to 75 basis points, list of new rates released | Check
May 16, 2024 10:59 ISTThe new rates on deposits less than Rs 2 crore are effective from May 15, 2024. Senior citizens would be eligible for an additional 50 basis points on the revised rates as per the norms.
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Stock markets update: Sensex surges over 351 points, Nifty up by 119 points to 22,310 in early trade
May 16, 2024 11:18 ISTThe benchmark indices, Sensex and Nifty, displayed encouraging gains in early trade on Thursday. The positive momentum witnessed across various sectors further underscored the broad-based nature of the market rally.
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India sets new export record, registers at USD 778 billion in 2023-24: Report
May 16, 2024 8:38 ISTThe just-concluded financial year, 2023-24, saw India's exports soaring to unprecedented heights, surging past the remarkable milestone of USD 778 billion. The surge in exports reflects the concerted efforts of various stakeholders, including government initiatives and proactive policy reforms.
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India’s unemployment rate declines to 6.7 per cent in urban areas in March quarter: Survey
May 16, 2024 9:40 ISTAs per the survey, the female unemployment rate in the urban areas decreased from 9.2 per cent in January-March 2023 to 8.5 per cent in January-March 2024.
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Sensex declines 117 points to settle at 72,987; Nifty dips 17 points to 22,200
May 15, 2024 17:11 ISTNifty, which tracks the performance of the top 50 companies listed on the National Stock Exchange (NSE), recorded a slight dip of 17.30 points. It settled at 22,200.55 by the end of the trading session, signalling a subdued market trend.
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How to transfer money from credit card to bank account through net banking? | Step-by-step process
May 15, 2024 13:18 ISTThere are instances where using a credit card is not feasible, such as obtaining a mortgage, purchasing stocks, or sending money orders. In such cases, transferring money from your credit card to your bank account is an option. However, you may have to pay charges for this.
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Stock markets update: Sensex surges over 138 points, Nifty up by 61 points to 22,278 in early trade
May 15, 2024 12:01 ISTAs the midweek trading session commences, the stock markets welcomed investors with a buoyant start, painting the trading boards green with promising uptrends. The benchmark indices, Sensex and Nifty, led the charge, displaying encouraging gains in early trade.
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Walmart lays off hundreds of employees, requires remote workers to relocate
May 15, 2024 9:04 ISTLike other companies in United States, Walmart is shifting its strategy towards more in-person work after years of pandemic-induced remote working. At one point it even endorsed remote work as the new norm.
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Sensex climbs 328 points; Nifty crosses 22,200 mark as metal stocks shine
May 14, 2024 16:44 ISTThe stock market surged on Tuesday, with both the Sensex and Nifty marking their third consecutive day of gains. Led by strong performances in the auto, metal, and banking sectors, the Sensex climbed 328 points to reach 73,105, while the Nifty settled at 22,218, up by 114 points.
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India's wholesale inflation rises to 13-month high of 1.26 per cent in April
May 14, 2024 12:58 ISTWholesale inflation: In April, India witnessed a further rise in wholesale inflation, primarily driven by increases in food and energy prices.
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Stock markets update: Sensex surges 226 points, Nifty up by 78 points to 22,182 in early trade
May 14, 2024 11:13 ISTIn the early trade, the 30-share BSE Sensex climbed 225.92 points to 73,002.05. Meanwhile, the Nifty declined was also up by 78.65 points to 22,182.70 points.
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Govt likely to make anti-fake review rules mandatory for e-commerce firms
May 13, 2024 19:11 ISTThe proposed move is in the backdrop of a booming India's online retail sector. The sector is projected to surge to USD 325 billion by 2030 from USD 70 billion in 2022, as per a report by Deloitte Touche Tohmatsu India.
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Retail inflation declines to 4.83 per cent in April, kitchen item prices play a role
May 13, 2024 19:32 ISTWhile formulating its bi-monthly monetary policy, the RBI considers consumer inflation. It notes that uncertainties surrounding food prices continue to exert influence on the inflation trajectory in the foreseeable future.
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Zomato posts consolidated net profit of Rs 175 crore in Q4 FY24
May 13, 2024 19:28 IST“We hope to continue to maintain this rating with progress on our ambitious Net Zero goal to achieve net zero emissions across our food delivery value chain by 2033,” said Deepinder Goyal, Founder & CEO, Zomato Hyperpure.
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Sensex and Nifty rebound in late trading, close with gains
May 13, 2024 16:50 ISTThe Sensex and Nifty rebounded dramatically on Monday, spurred by buying in HDFC Bank, ICICI Bank, and Tata Consultancy Services. The BSE Sensex closed higher by 111.66 points, or 0.15%, at 72,776.13 after hitting a low of 71,866.01 during the day.
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India all set to overtake Japan as fourth largest economy by 2025, predicts Amitabh Kant
May 12, 2024 14:40 ISTIndia's GDP grew at a massive 8.4 per cent during the October-December quarter of the financial year 2023-24, and the country continued to remain the fastest-growing major economy and is poised to maintain its growth trajectory going ahead.
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Horoscope Today, July 17: Daily predictions for Aries, Leo, Gemini and other zodiac signs
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Elderly man throws banana peels onto railway tracks despite dustbins nearby, internet is angry
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South Korean woman shares biggest surprise at Indian cinema
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Mumbai man faces backlash over Gateway of India sea jump, later shares his side of the story
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Why this Indian Railways employee stopped handing out towels to every passenger
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Pune man meets deaf and mute Zomato delivery partner, viral video inspires thousands