More From Economy
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Bullet train completion depends on awards of all tenders: Indian Railways
April 24, 2024 17:51 ISTAccording to the NHSRCL, the bullet train will take 2 hours and 58 minutes to cover the distance of 508 km, while running at maximum speed of 320 kmph. The time duration includes stoppage time at all 10 stations.
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PayU gets RBI's in-principle approval to operate as online payment aggregator
April 24, 2024 17:28 ISTPayU Payments Private Limited, a key player in India's digital financial services sector, backed by Prosus as an investor, manages businesses subject to regulation by the Reserve Bank of India. It provides sophisticated solutions to address the digital payment needs of the Indian market.
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RBI bars Kotak Mahindra Bank from onboarding new online customers, issuing fresh credit cards
April 24, 2024 17:03 ISTThe RBI's action follows deficiencies in Kotak Bank's IT risk management and information security governance.
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Sensex rises over 200 points, Nifty tops 22,400
April 24, 2024 10:03 ISTIn line with optimistic trends seen in global markets, benchmark indices in India commenced Wednesday’s trading session on a positive trajectory. The Sensex initiated the day’s trading with a notable gap, surging over 200 points to reach 73,958.
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Smallcap Stock: Speciality chemicals manufacturer gets order for agri products
May 02, 2024 15:47 ISTThe orders include INR 400 million attributed to premium rice varieties and INR 100 million for organic rice breeds, showcasing the company’s commitment to catering to diverse consumer preferences.
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RBI April's Bulletin claims extreme weather may pose risk to inflation across country
April 23, 2024 19:28 ISTThe Reserve Bank, which mainly factors in CPI while arriving at its bi-monthly monetary policy, has kept the key interest rate unchanged at 6.5 per cent since February 2023, citing concerns on the inflation front.
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Zomato hikes platform fee by 25 per cent, suspends intercity deliveries
April 23, 2024 16:15 ISTThe hike comes days the Zomato received a tax demand and penalty order of Rs 11.82 crore related to GST on export services provided to its subsidiaries located outside India from July 2017 to March 2021.
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Quaker's heartfelt long-format Ad film strikes a chord
April 23, 2024 14:18 ISTIt addresses the importance of nutrition, infused with cultural reverence and a comprehensive 360-degree surround campaign planned across multiple platforms.
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Reliance Jio Q4 net profit rises over 13 per cent year-on-year to Rs 5,337 crore
April 22, 2024 19:11 ISTThe revenue for full fiscal ended March 2024 was Rs 1,00,119 crore, up 10.2 per cent over the preceding fiscal. For the full FY24, the net profit stood at Rs 20,466 crore, which was 12.4 per cent higher than that of FY23.
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Direct tax collections jump by 18 per cent to Rs 19.58 lakh crore, exceeds estimates
April 22, 2024 14:19 ISTThe government had raised the target for direct tax collection in FY24 (April 2023 to March 2024) to Rs 19.45 lakh crore in the interim Budget presented on February 1.
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India expands health insurance access: Senior citizens over 65 eligible for coverage
April 22, 2024 12:23 ISTThe Insurance Regulatory and Development Authority of India (IRDAI) has made a groundbreaking decision to remove the age limit of 65 years for individuals purchasing health insurance policies, aiming to broaden coverage and enhance financial security against healthcare expenses.
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Reliance Industries to unveil Q4 results and dividend declaration today. Check time, preview
April 22, 2024 10:42 ISTReliance Industries, led by Mukesh Ambani, is set to reveal its Q4 results and dividend declaration today after market hours. With shares soaring by 30% in the last six months, nearing record highs, investors eagerly anticipate insights into the company's financial performance.
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Sensex surges by 639.85 points in early trading session
April 22, 2024 14:53 ISTAccompanying the Sensex, the Nifty also witnessed a notable uptrend, rising by 190.1 points to touch 22,337.10. This surge in the Nifty further reinforces the bullish trend in the market, indicating broad-based buying across sectors.
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Multibagger smallcap stock: Speciality chemicals manufacturer sets up subsidiary overseas
May 02, 2024 15:49 ISTExplaining the rationale behind this move, the company stated that the subsidiary “shall carry out business in the field of Investment in Commercial Enterprises and Management.”
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Ex-RBI Governor bats for imposing restraints on freebies by politicians, gives THESE suggestions
April 21, 2024 14:30 ISTFormer Reserve Bank of India (RBI) Governor D Subbarao the public should be made more aware of the cost and benefits of these freebies and that it is the responsibility of the government to educate the population on this.
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Hybrid mutual funds stage comeback; see Rs 1.45 lakh crore inflows driven by arbitrage investments
April 21, 2024 13:05 ISTHybrid funds are mutual fund schemes that typically invest in a combination of equity and debt securities and sometimes in other asset categories such as gold. The category has been attracting regular inflows since the beginning of financial year 2023-24 in April.
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Elon Musk postpones India trip due to 'very heavy Tesla obligations', was scheduled to meet PM Modi
April 20, 2024 11:01 ISTMusk was expected to make an investment announcement and meet Prime Minister Narendra Modi during a two-day visit to India from Sunday (April 21). India's latest policy on cutting import taes for e-vehicles was a big win for Tesla, which had faced pushback from domestic carmakers.
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Test flights for aircraft navigation begin at Noida International Airport | WATCH
April 19, 2024 19:53 ISTDuring a calibration flight, specialised aircraft equipped with precise measurement instruments fly predefined patterns around the airport's airspace.
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Sensex drops 672 points, Nifty at 21,777 points in early trade
April 19, 2024 11:14 ISTAmong the Nifty firms, notable gainers included ONGC, Apollo Hospital, Cipla, ITC, and Dr. Reddy, while BPCL, HDFC Life, Bajaj Auto, Infosys, and Coal India were the prominent losers.
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Ahead of Elon Musk's India visit, Tesla advisor attends EV policy meeting: Sources
April 18, 2024 23:41 ISTThe billionaire will meet Modi in New Delhi, and will separately make an announcement about his investment plans in India.
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Air India to deploy A350 plane on Delhi-Dubai route from May 1: Know about flight's facility
April 22, 2024 11:50 ISTThe A350 aircraft on the Delhi-Dubai route will feature 28 private suites with full-flat beds in Business Class, along with 24 seats in Premium Economy and 264 seats in Economy Class. Notably, Air India initiated the induction of A350 planes this year.
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Stock markets continue to end lower for fourth straight session amid outflow of foreign funds
April 18, 2024 19:04 ISTThe 30-share BSE Sensex declined 454.69 points to settle at 72,488.99. Meanwhile, the NSE Nifty declined 152.05 points to 21,995.85.
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Banks closed on April 19: Bank holiday in THESE cities due to Lok Sabha Elections 2024 | Check list
April 18, 2024 12:14 ISTAhead of the polls, states like Uttarakhand, Nagaland, and Tamil Nadu have declared special holidays to ensure citizens’ participation. States such as Arunachal Pradesh, Assam, Bihar, Chhattisgarh, and others have also announced bank holidays for April 19, 2024, in line with the elections.
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Google announces second major round of job cuts in 2024, tech giant says 'change is difficult'
April 18, 2024 11:03 ISTGoogle announced significant restructuring plans, possibly resulting in employee layoffs, with CFO Ruth Porat conveying the message via memo. Porat cited the tech sector's platform shift towards AI, highlighting the need for tough decisions to align with priority areas.
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Stock market witnesses surge as Sensex crosses 73,100, Nifty above 22,200
April 18, 2024 10:26 ISTThe Indian stock market started with a gap-up, suggesting an upward trend. Following a day of closure for Ram Navami, the market swiftly opened with gains.
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Multibagger stock: Ater bonus issue, LIC-backed company posts over two fold jump in Q4 earnings
April 18, 2024 9:03 ISTThe same stood at Rs Rs 5.91 crore as against Rs 1.69 crore reported in the corresponding quarter a year ago.
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Adani infuses additional Rs 8,339 crore in Ambuja Cements, raises stake to 70.3 per cent
April 17, 2024 23:47 ISTAdani Family infused additional Rs 8,339 crore, taking total infusion to Rs 20,000 crore under the warrants program.
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SpiceJet flight lands without luggage at Bagdogra airport, airline responds to inconvenience
April 17, 2024 23:28 ISTIn its response, the SpiceJet said the offloaded baggage will be connected through subsequent flights. The airline also "deeply regretted" to the inconvenience caused to passengers.
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Madhya Pradesh cabinet approves UCC draft bill for presentation in state assembly: CM Mohan Yadav
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Opposition stages symbolic walkout from all-party meet over Centre's invite to rebel TMC MPs
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11 dead, several missing after flash floods and landslides hit J-K's Poonch, Rajouri
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Stalin's DMK seeks clarity on Delimitation Bill, backs women's reservation but...
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Madhya Pradesh cabinet approves UCC draft bill for presentation in state assembly: CM Mohan Yadav
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Hyderabad woman alleges torture in Oman: 'Forced to work 15 hours, denied food'
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Manish concealed stolen money from Ram Temple at Tinu's instructions, probe reveals
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'This honour belongs to the entire team': Sanjay Mishra on National Award win for Bhakshak
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Woman accuses man of sexual harassment on train, passengers put bangles on his wrists
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Man slips after getting trapped between two trains at Vasai Road station, dramatic video goes viral
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Founder asks auto driver about his earnings, learns how much he makes working just 8-9 hours daily
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Bilaspur man stops to help woman struggling with scooter on flooded road, video wins hearts
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Man who wanted to study at this college now works there as a security guard, video goes viral