More From Economy
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Interest rate on small savings scheme to remain unchanged for Q1 in FY 24-25
March 08, 2024 19:15 ISTThe deposit under the Sukanya Samriddhi scheme will attract an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent.
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Are banks closed tomorrow for Mahashivratri? Check state-wise holiday list
March 07, 2024 20:35 ISTAs Mahashivratri approaches in March 2024, banks across India will be closed in commemoration of the festival. This closure coincides with the second Saturday and Sunday, leading to an extended three-day weekend for many individuals.
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Govt hikes DA by 4 per cent for central govt employees, approves over Rs 10,000 crore for Northeast
March 07, 2024 21:28 ISTThe Modi Cabinet took decisions on several key issues including increasing DA, extending subsidy to Ujjwala scheme beneficiaries, and approving funds for Northeast infrastructure boost among others.
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Stock markets: Sensex, Nifty hit fresh record highs amid strong global cues in early trade
March 07, 2024 10:40 ISTIn the early trade, the 30-share BSE Sensex was up by 159.18 points to 74,245.17. Meanwhile, the Nifty rose 49.6 points to 22,523.65.
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Indian stock indices reach record highs, Sensex surpasses 74,000 mark
March 06, 2024 17:27 ISTIndian stock indices surged to record highs on Wednesday, with the Sensex crossing the 74,000 mark for the first time and settling at 74,085.99 points, while the Nifty closed at 22,474.05 points.
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New airline Fly 91 gets DGCA's license, flight operations including to Lakshadweep to start soon
March 07, 2024 0:08 ISTFly 91 is a regional airline with headquarters based in Goa. The airline will operate via ATR 72-600 planes.
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RBI's new guidelines allow customers to choose from multiple card networks at issuance
March 06, 2024 11:16 ISTRBI said that card issuers need to provide an option to their eligible customers to choose from multiple card networks at the time of issue.
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Stock markets suffer on second consecutive day; Sensex slides 229 points, Nifty falls 63 points
March 06, 2024 10:42 ISTIn the early trade, the 30-share BSE Sensex fell 229.04 points to 73,448.09. Meanwhile, the Nifty declined 63.15 points to 22,293.15. Meanwhile, the rupee stayed flat at 82.90 against the US dollar in early trade.
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Mukesh Ambani offers prayers at Dwarkadhish temple in Gujarat | Photos
March 06, 2024 0:26 ISTAnant Ambani, the youngest of the three children Mukesh Ambani and Nita Ambani have, is set to marry Radhika Merchant - the younger daughter of Viren Merchant, CEO of Encore Healthcare, and entrepreneur Shaila Merchant.
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Bitcoin reaches record high amidst investor interest, global market dynamics
March 05, 2024 21:50 ISTThe surge in Bitcoin's price can be attributed to several factors, including a surge in investment into US spot exchange-traded crypto products and the recent approval of 11 spot bitcoin Exchange-Traded Funds (ETFs) by the Securities and Exchange Commission (SEC) in late January.
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RBI directs JM Financial Products Limited to halt financing against shares, debentures
March 05, 2024 18:52 ISTThe RBI has directed JM Financial Products Limited to cease financing against shares and debentures due to significant deficiencies observed in its lending practices. This directive, prompted by a review of the company's books, aims to ensure financial stability and uphold regulatory standards.
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Virat Kohli, Anushka Sharma-backed Go Digit gets Sebi's nod to launch IPO
March 05, 2024 11:52 ISTGo Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of customers.
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Stock markets: Sensex falls 298 points, Nifty declines 86 points to 22,319 in early trade
March 05, 2024 11:28 ISTIn the early trade, the 30-share BSE Sensex fell 297.97 points to 73,574.32. Meanwhile, the Nifty declined 86.05 points to 22,319.55 points.
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RBI bars IIFL Finance from disbursing gold loans; flags supervisory concerns
March 04, 2024 20:23 ISTIn a statement, the RBI said it has directed IIFL Finance Ltd "to cease and desist, with immediate effect, from sanctioning or disbursing gold loans or assigning/ securitising/ selling any of its gold loans".
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Sensex and Nifty scale new heights: All-time highs reach 73,872 and 22,405 respectively
March 04, 2024 16:17 ISTDespite achieving fresh closing highs, the market saw relatively modest gains, influenced by mixed global cues and the absence of significant triggers. Analysts attribute the subdued performance to a lack of fresh catalysts in the current market environment.
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How can senior citizens lodge complaints regarding pension-related issues? All you need to know
March 04, 2024 14:12 ISTUnion Finance Ministry set up a committee under Finance Secretary TV Somanathan to review the pension system for government employees.
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Japan's Nikkei 225 makes historic leap, breaches 40,000 level for first time as tech stocks surge
March 04, 2024 10:55 ISTShares in Japan have tracked gains in other markets driven by expectations for strong demand for technology associated with artificial intelligence.
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Stock markets update: Nifty hits fresh all-time high, Sensex surges over 177 points
March 04, 2024 10:39 ISTIn the early trade, the 30-share BSE Sensex climbed 177.73 points to 73,983.88. Meanwhile, the Nifty hit an all-time high level of 22,440.90. Meanwhile, the rupee also gained 4 paise to 82.87 against the US dollar in early trade.
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FPIs reverse trend; infuse Rs 1,500 crore into Indian equities in February
March 03, 2024 13:24 ISTIn terms of sectors, FPIs were big sellers in financials and FMCG in February. On the debt front, FPIs have been injecting money in the debt markets for the past few months driven by upcoming inclusion of Indian government bonds in the JP Morgan Index.
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Paytm Payments Bank fined over Rs 5 crore for violating money laundering act
March 01, 2024 19:51 ISTA few days ago, Paytm founder and CEO Vijay Shekhar Sharma stepped down as Non-Executive Chairman and Board Member of Paytm Payments Bank Ltd (PPBL), as the Reserve Bank of India (RBI) ban on the bank's operations inches closer.
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Rs 2,000 notes RBI withdrawal: 97.62 pc currency returned by Feb 29, Rs 8,470 crore left to collect
March 01, 2024 17:30 ISTRBI business news: Public and entities holding such notes were initially asked to either exchange or deposit them in bank accounts by Sept 30, 2023. The deadline was later extended to Oct 7, 2023. Deposit and exchange services at bank branches were discontinued on Oct 7.
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Delhi's per capita income rises by 22 percent to Rs 4.6 lakh in FY23-24
March 01, 2024 15:05 ISTAtishi informed that the Delhi government will present its budget for 2024-25 in the state assembly on March 4.
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Paytm takes strategic measures amid PPBL crisis: Discontinues inter-company agreements
March 01, 2024 10:00 ISTAmid regulatory pressure from the Reserve Bank of India (RBI), Paytm's parent company, One 97 Communications, has taken decisive steps to sever inter-company agreements with Paytm Payments Bank Limited (PPBL).
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LPG price hike update: Rates of commercial cylinders increased by Rs 25 today, check details here
March 01, 2024 9:13 ISTThis hike brings the retail price of a 19 Kg commercial LPG cylinder in Delhi to Rs. 1795 per cylinder, marking a significant adjustment for businesses and consumers alike.
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'Robust 8.4 per cent GDP growth in Q3 2023-24 shows strength of Indian economy': PM Modi
February 29, 2024 22:26 ISTIndian GDP growth: The NSO, in its second advance estimate of national accounts, pegged the country's growth at 7.6 per cent for 2023-24. It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024.
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GST rule change, FASTag deactivation among key financial changes in March 2024 | Check list
February 29, 2024 17:01 ISTThe month of March will bring about various key financial changes, impacting the lives of the people. From Paytm Payments Bank to FASTag deactivation, there are several services which will undergo changes in March 2024.
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Indian ultra-rich individuals projected to rise 50 per cent by 2028: Knight Frank Wealth Report
February 29, 2024 22:00 ISTKnight Frank Wealth Report 2024: According to the Knight Frank report, 90 per cent of Indian UHNWIs are expecting an increase in their wealth this year. Almost 63 per cent of these UHNWIs expect a significant increase of more than 10 per cent in their wealth.
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Air India fined Rs 30 lakh for non-availability of wheelchair causing death of elderly passenger
February 29, 2024 14:15 ISTA few days ago, the National Human Rights Commission also issued a notice to DGCA asking what steps have been taken or proposed to be taken to ensure that such incidents do not recur.
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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