More From Economy
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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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Action against Paytm for "persisted non-compliance", adequate time was given: RBI
February 08, 2024 13:12 ISTRBI has put curbs on Paytm Payments Bank for accepting new deposits, credit transactions, or top-ups in customer accounts, prepaid instruments, wallets, FASTags, and more from February 29 onwards.
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Sensex crashes over 700 points, Nifty declines 220 points after RBI keeps repo rate unchanged
February 08, 2024 13:14 ISTThe RBI announced its decision to keep the repo rate unchanged for the sixth consecutive time at 6.50 per cent.
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RBI projects 7 per cent GDP growth for FY25, lower than FY24 projection of 7.30 per cent
February 08, 2024 12:19 ISTThe real GDP growth for FY25 is forecast at 7 per cent, with growth rates of 7.2 per cent and 6.8 per cent expected in the June and September quarters.
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RBI keeps repo rate unchanged at 6.50 per cent for sixth time in a row
February 08, 2024 12:21 ISTThe monetary policy committe led by Shaktikanta Das has kept the repo rates unchanged at 6.50 per cent.
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Sensex climbs 321 points, Nifty soars to 22,011 ahead of RBI MPC meeting
February 08, 2024 10:18 ISTThe Sensex rose by 321.42 points while the Nifty increased by 80.55 points.
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RBI will deal with Paytm issue, government has nothing to do with it: Financial Services Secretary
February 08, 2024 7:52 ISTJoshi said that the reserve bank must have taken the action in the overall interest of the consumer and the economy.
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RBI Monetary Policy Meeting: Will Shaktikanta Das-led MPC keep repo rate stance unchanged?
February 08, 2024 7:21 ISTThe RBI has kept the repo rate steady at 6.50 per cent over the past year, last raising it in February 2023 from 6.25 per cent.
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Nestle India Q4 profit surges over 4 per cent to Rs 655 crore, revenue rises 8 per cent
February 07, 2024 14:31 ISTNestle's domestic sales increased by 8.86 per cent to Rs 4,421.79 crore, driven by pricing and mix growth, particularly notable in e-commerce and out-of-home channels.
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Some amount of trade with Pakistan conducted through air, sea routes, says government
February 07, 2024 14:01 ISTAccording to Anupriya Patel, Union Minister of State for Commerce and Industry, trade through land routes has been halted by Pakistan, but transactions continue via sea and air routes.
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Oil firms losing Rs 3 per litre on diesel, profits on petrol shrink
February 07, 2024 18:35 ISTOil companies have refrained from adjusting petrol, diesel, and cooking gas prices for nearly two years, leading to losses when input costs were higher and profits when raw material prices were lower.
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EIH shares hit 20 per cent upper circuit after robust Q3 performance
February 07, 2024 12:27 ISTThe company posted a consolidated profit after tax of Rs 229.94 crore, an increase of 54.6 per cent from the year-ago period.
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Jana Small Finance Bank IPO opens today, here's all you need to know
February 07, 2024 12:03 ISTThe issue has a primary share sale of Rs 462 crore at the upper end of the price band, with the remaining Rs 108 crore as an offer for sale.
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Paytm surges 10 per cent after CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman
February 07, 2024 10:32 ISTShares of One97 Communications opened at Rs 461.30, surpassing the previous day's closing price of Rs 451.60.
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Stock market today: Sensex surges 0.44 per cent, Nifty rises 113 points to 22,042
February 07, 2024 9:58 ISTThe Sensex rose by 317.43 points, or 0.44 per cent, while the Nifty rose by 113.30 points, or 0.50 per cent.
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Tata Group surpasses Rs 30 lakh crore market cap amid rally in TCS, Tata Motors
February 07, 2024 9:03 ISTReliance Group holds the second position at Rs 21.60 lakh crore, followed by the Adani Group in third place with a total market value of Rs 15.54 lakh crore.
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Paytm CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman amid regulatory concerns
February 07, 2024 7:38 ISTThe Reserve Bank of India issued a directive on January 31, which mandated an immediate halt to the onboarding of new customers by Paytm Payments Bank and called for a cessation of its key banking services post-February 29.
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Britannia Q3 net profit declines 40 per cent to Rs 555 crore, sales rise over 2 per cent
February 07, 2024 7:02 ISTBritannia posted a net profit of Rs 932.40 crore in the same quarter a year ago. The company's net sales during the quarter rose by 2.2 per cent to Rs 4,191.83 crore.
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Upcoming IPO this week: Rashi Peripherals, Jana Small Finance Bank and more
February 06, 2024 14:40 ISTMarket experts maintain an optimistic outlook on the IPO market for 2024 on the back of strong domestic and foreign investments.
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India will see investment of USD 67 billion in energy sector in next 5-6 years: PM Modi
February 06, 2024 13:37 ISTIndia is the third-largest consumer of crude oil and LPG and the fourth-largest importer of LNG.
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Sensex declines 442.93 points, Nifty settles below 24,250 Brent crude oil remained at $90 per barrel
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Yogesh Rawat breaks silence on Lock Upp 2 eviction, says one choice backfired
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CJP's Chalo Sansad march gets chaotic: Tear gas, lathi charge; cops deny detaining Dipke | 10 Points
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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