More From Economy
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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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Aadhaar Card for NRIs: Application process, updated forms, documents required and other details
February 29, 2024 12:07 ISTThe Aadhaar card, pivotal for identity verification in India, is now accessible to non-resident Indians (NRIs) with streamlined application processes and updated forms. Recent amendments allow NRIs with Indian passports to obtain Aadhaar upon arrival, eliminating the previous residency requirement.
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Reliance and Disney announce merger of media operations, Nita Ambani to head merged entity
February 28, 2024 23:47 ISTThis joint venture will become one of the leading TV and digital streaming platforms for entertainment and sports content in India by bringing together iconic media assets. The merger is valued at Rs 70, 352 crore and would be controlled by Reliance once completed.
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Sunil Bharti Mittal conferred honorary Knighthood by Britain's King Charles III
February 28, 2024 18:36 ISTBeing a non-UK national, Sunil Bharti Mittal will receive a KBE after his name after the knighthood conferred by King Charles III - one of the highest honours by a British monarch. Mittal said he was deeply humbled” by the recognition and committed to strengthen India-UK ties.
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Amazon Pay receives RBI's nod as payment aggregator: Full list of all authorised online aggregators
February 28, 2024 14:06 ISTAmazon Pay, a leading digital payments platform under Amazon India, has received authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA). This accreditation allows Amazon Pay to join a prestigious group of companies, including Zomato, Google Pay, Zoho, and others.
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FASTag: Complete your KYC update by February 29 to avoid deactivation, here's how to do it
February 28, 2024 12:46 ISTNHAI's "One Vehicle, One FASTag" initiative aims to streamline toll payment processes and curb misuse of FASTags. Failure to comply could lead to inconvenience and delays at toll plazas. Updating FASTag KYC is a straightforward process through the IHMCL customer portal.
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PM-KISAN Yojana 16th instalment to be out today: Check steps to apply, beneficiary status and more
February 28, 2024 12:35 ISTPM Kisan 16th instalment released: The 16th instalment of the PM Kisan Samman Nidhi Yojana (PM-Kisan) has been released, providing Rs. 2,000 to eligible farmers. Under the scheme, farmers receive Rs. 6,000 annually in three instalments, disbursed every four months via Direct Benefit Transfer (DBT).
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Paytm shares settle marginally lower after hitting upper circuit limit in intra-day trade
February 27, 2024 18:05 ISTPaytm business news: Vijay Shekhar Sharma has stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited and the board of the bank has been reconstituted, a filing said on Monday, adding PPBL will commence the process of appointing a new chairman.
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Sensex opens weak at 72,660.13, Nifty at 22,085.65 amid global market slowdown
February 27, 2024 10:05 ISTEquity markets opened with a slow start on Tuesday amidst subdued global trends and foreign fund outflows. Initially, the BSE Sensex fell by 130 points, while the Nifty dropped 36.4 points. However, both indices later recovered, with marginal gains observed.
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Niranjan Hiranandani seeks a week's time on health grounds to appear before ED in FEMA case: Sources
February 27, 2024 0:05 ISTAbout four premises of the Hiranandani Group in and around Mumbai were searched by the ED last week under the provisions of the Foreign Exchange Management Act (FEMA).
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Vijay Shekhar Sharma steps down as Paytm Payments Bank chairman
February 27, 2024 6:20 ISTOn January 31, the RBI asked PPBL (Paytm Payments Bank Ltd) to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29. Later, the central bank extended the deadline till March 15.
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Adani unveils South Asia's largest ammunition manufacturing complex in UP, Army chief lauds move
February 26, 2024 18:14 ISTArmy Chief General Manoj Pande cited the geopolitical events and stressed on the need for a “reliable supply from internal sources for ammunition in preparedness for a long-drawn conflict”.
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Reliance Foundation announces Vantara focused on rescue, care of threatened animals in India, abroad
February 26, 2024 13:24 ISTThe initiative has been conceptualised under Director on the boards of RIL and Reliance Foundation Anant Ambani, who is also spearheading Reliance’s renewable energy business in Jamnagar.
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India’s poverty level falls below five per cent, urban-rural consumption gap narrowing: NITI Aayog
February 26, 2024 12:09 ISTPeople were categorised into 20 different groups in the survey, which revealed the data that the average per capita monthly expenditure in the rural areas is Rs 3,773, and in the urban areas is Rs 6,459.
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Bank Holidays in March 2024: Banks to remain closed on these 14 days. check full list here
February 26, 2024 11:13 ISTBank Holidays: While physical branches may be closed, online banking services remain operational throughout the holidays. It's essential for individuals to plan their visits and transactions accordingly.
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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