More From Economy
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Stock market today: Sensex climbs 116 points to 71,188, Nifty rises to 21,630
February 13, 2024 10:28 ISTThe Sensex increased by 116.42 points, while the Nifty was 14.80 points higher.
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SpiceJet to lay off 15 per cent of workforce, save Rs 100 crore annually
February 13, 2024 8:56 ISTCurrently, the airline operates with around 9,000 employees and maintains a fleet of about 30 planes.
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Vibhor Steel Tubes IPO: Check issue size, GMP, reservations and more
February 13, 2024 7:43 ISTThe company manufactures and exports mild steel and carbon steel ERW black and galvanised pipes, hollow steel pipes, and cold-rolled steel (CR) strips and coils.
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Unemployment rate in urban areas falls to 6.50 per cent in Q3
February 13, 2024 6:59 ISTThe unemployment rate for males fell to 5.8 per cent while for females, it declined to 8.6 per cent during the period.
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RBI rules out review of action against Paytm Payments Bank, to issue FAQ this week
February 12, 2024 21:02 ISTReserve Bank of India Governor Shaktikanta Das said there was "hardly any room" to review the action taken against Paytm Payments Bank.
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Retail inflation eases to 3-month low of 5.1 pc in January 2024: Govt data
February 12, 2024 18:41 ISTThe Reserve Bank of India has been tasked by the government to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side.
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UPI, RuPay go global: Sri Lanka, Mauritius join India's digital payment revolution | WATCH
February 12, 2024 14:31 ISTMauritian PM Pravind Jugnauth and Sri Lanka's President Ranil Wickremesinghe joined Modi at the virtual ceremony. The launch of the Indian services in Sri Lanka and Mauritius came amid New Delhi's increasing bilateral economic ties with the two countries.
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Govt examining foreign direct investment flow from China in Paytm Payments Services: Sources
February 11, 2024 19:14 ISTIn November 2020, PPSL had applied for a licence with the Reserve Bank of India (RBI) to operate as a payment aggregator under the guidelines on Regulation of Payment Aggregators and Payment Gateways.
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Net direct tax collection stands at Rs 15.60 lakh crore Y-o-Y growth of 20%
February 11, 2024 17:45 ISTIn the current fiscal year, net direct tax collection has surged by 20 per cent compared to the previous year, reaching Rs 15.60 lakh crore. This figure accounts for 80 percent of the revised budget estimates for the entire fiscal year.
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Banks should be mindful of legal, cyber risks emanating from AI: RBI Deputy Governor
February 11, 2024 12:15 ISTNaBFID Chairman K V Kamath said what he had predicted 20 years ago has come true that banks will look like technology companies offering banking services. He further said that there is need for banks to be resilient, adopt cloud-based solutions.
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EPFO hikes interest rate to 8.25 per cent on employees' provident fund, highest in three years
February 10, 2024 12:55 ISTThe EPFO's apex decision making body Central Board of Trustees (CBT) has decided to provide 8.25 per cent rate of interest on EPF for 2023-24 at its meeting on Saturday, a source said.
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After RBI crackdown, EPFO blocks Paytm Payments Bank from February 23 | DETAILS
February 09, 2024 17:33 ISTThis comes after the RBI on January 31 directed the Paytm Payments Bank to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.
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Stock markets settle in positive territory; Sensex climbs 167 points, Nifty up by over 64 points
February 09, 2024 16:28 ISTThe 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. The Nifty rose by 64.55 points or 0.30 per cent to 21,782.50. Meanwhile, the rupee falls 7 paise to 83.03 against the US dollar.
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Sebi bars 15 market experts, analysts for "unlawful gain", fines Rs 7.41 crore
February 09, 2024 13:24 ISTThe SEBI order targets 15 experts who appeared on a channel between February 1, 2022, and December 31, 2022, and outlines that some experts directly engaged in these illicit trades while others facilitated them.
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Personal Loan: Here's list of banks offering lowest interest rates
February 09, 2024 12:37 ISTLenders charge a lower rate from borrowers with a high credit score and a higher interest rate from those with a low credit score.
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Zomato surges over 5 per cent after posting third straight quarter of profit at Rs 138 crore
February 09, 2024 11:56 ISTThe stock hit its 52-week high of Rs 151.45 on the BSE, a 5.17 per cent increase, while it rose by 5 per cent to reach Rs 151.40 on the NSE.
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Parliamentary panel suggests route-specific capping of airfares amid rising air ticket prices
February 09, 2024 11:08 ISTCurrently, airfares are neither established nor regulated by the government. The panel also reiterated its recommendation to exercise control over airfares being charged by the airlines.
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LIC shares surge over 6 per cent after Q3 net profit rises 49 per cent to Rs 9,444 crore
February 09, 2024 10:20 ISTThe public sector company's net premium income rose to Rs 1.17 lakh crore from Rs 1.11 lakh crore in the same quarter a year ago.
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Stock market today: Sensex rises 122 points to 71,551, Nifty soars above 21,750
February 09, 2024 10:42 ISTSensex was 122.61 points higher, while the Nifty rose by 45.45 points.
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Telecom spectrum auctions for mobile phone services approved by cabinet
February 09, 2024 7:40 ISTThe Cabinet's nod comes just before the expiration of Bharti Airtel's spectrum in five circles, with another set to expire in March.
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Paytm Payments Bank's independent director Manju Agarwal resigns from board following RBI curbs
February 09, 2024 9:59 ISTThis comes amid the RBI's order, which directed the bank to cease accepting deposits or top-ups in various customer accounts and instruments after February 29.
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Paytm Payments Bank's independent director Manju Agarwal resigns from board following RBI order
February 08, 2024 22:54 ISTThe RBI on January 31 directed the Paytm Payments Bank to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.
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Parliament approves interim Budget 2024-25
February 08, 2024 21:56 ISTRajya Sabha returned the Appropriation (Vote on Account) Bill, 2024; The Appropriation Bill, 2024; The Jammu and Kashmir Appropriation (No.2) Bill, 2024; The Jammu and Kashmir Appropriation Bill, 2024; and The Finance Bill, 2024.
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Nation first, multiple reforms, tough decisions: White Paper shows how NDA revived economy
February 08, 2024 19:52 ISTPresenting the White Paper on UPA's economic mismanagement in 10 years, Finance Minister Nirmala Sitharaman said that the NDA government has overcome the crisis of those years, and the economy has been put firmly on a high sustainable growth path with all-round development.
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LIC profit rises 49 per cent to Rs 9,444 crore in third quarter
February 08, 2024 18:42 ISTLIC profit rises: LIC's total income increased to Rs 2,12,447 crore in the latest December quarter compared to Rs 1,96,891 crore in the year-ago period.
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Lost decade, scams, infrastructure neglect: Full text of NDA's White Paper on UPA's 10-year rule
February 08, 2024 20:06 ISTSitharaman in her Interim Budget speech had announced that the government will come out with a white paper on the economy outlining the economic mismanagement in the 10 years of UPA rule till 2014.
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YES bank rallies over 9.50 per cent amid reports of SBI offloading shares worth Rs 5,000-7,000 crore
February 08, 2024 14:54 ISTSBI may sell shares worth Rs 5,000-7,000 crore through a block deal, with no taxes applicable to the sale, as per media reports.
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Rajasthan Budget: Finance Minister Diya Kumari proposes Rs 1,000 crore for schools, colleges
February 08, 2024 13:13 ISTThe minister announced plans to recruit candidates to fill 70,000 vacant posts, a move intended to stimulate employment opportunities and address workforce needs in different sectors.
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Delhi Police issues traffic advisory ahead of CJP's 'Chalo Sansad' march; know which route to avoid
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Why is Kuldeep Yadav dropped again? Former cricketers lash out at management over selection calls
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SIT submits status report in Supreme Court in Ram Temple donation theft case; hearing on July 20
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Delhi Police says no permission sought for CJP's 'Chalo Sansad' march, invokes Section 163
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Man stabs wife to death with scissors due to suspected affair in Delhi; arrested in UP
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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