More From Economy
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Government to sign multi-billion dollar agreement extending LNG imports from Qatar for 20 years
February 06, 2024 12:51 ISTThe deal to extend LNG imports from Qatar will be signed between Petronet LNG Ltd and QatarEnergy during India Energy Week in Betul, Goa.
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Bharti Airtel surges 4 per cent after Q3 net profit rises 54 per cent to Rs 2,442 crore
February 06, 2024 12:08 ISTThe stock climbed 3.78 per cent to Rs 1,155.95 on the BSE and by 3.82 per cent to Rs 1,156.10 on the NSE.
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Paytm surges nearly 8 per cent, recovers from 42 per cent loss in three sessions after RBI curbs
February 06, 2024 12:08 ISTThe stock plummeted by over 42 per cent over the past three days, resulting in a loss of Rs 20,471.25 crore in market valuation.
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Stock market today: Sensex jumps 243 points, Nifty soars to 21,844
February 06, 2024 10:40 ISTThe BSE benchmark fell by 354.21 points in the previous trading session, and the Nifty declined by 82.10 points.
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Samsung leads smartphone market with 18 per cent share in 2023: Report
February 06, 2024 8:56 ISTSamsung continued to lead with a 23 per cent market share, followed by Vivo at 15 per cent and OnePlus at 13 per cent in the 5G smartphone segment.
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HDFC Bank gets RBI approval to buy up to 9.50 per cent stake in IndusInd Bank
February 06, 2024 7:23 ISTIf HDFC Bank fails to complete the acquisition within the timeframe of one year, the approval will be revoked.
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UPI will continue to operate as normal, working with other banks for continuity of service: Paytm
February 06, 2024 7:01 ISTPaytm is actively collaborating with other banks to implement necessary changes in the backend for the continuity of its services.
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Paytm terms reports of ED probe, foreign exchange rule violation as ‘misleading and baseless’ | READ
February 05, 2024 23:16 ISTThe development comes amid speculations over the company’s operations following Reserve Bank of India’s action against its associate Paytm Payments Bank. The Payments bank was asked to stop key operations from March 1 due to non-compliance.
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Govt to launch 'Bharat rice' at subsidised rate to provide relief to consumers | Check rates here
February 05, 2024 23:25 ISTThe Food Corporation of India will provide 5 lakh tonne of rice to two cooperatives the National Agricultural Cooperative Marketing Federation of India Ltd and National Cooperative Consumers' Federation of India as well as retail chain Kendriya Bhandar in the first phase.
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UP Budget: Rs 100 crore allocated for Mahakumbh 2025, Rs 10 crore for Vedic Research Institute
February 05, 2024 13:54 ISTFunds have been allocated for the establishment of an International Ramayana and Vedic Research Institute in Ayodhya.
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Explained: How RBI restrictions on Paytm Payments Bank will impact customers
February 05, 2024 10:44 ISTThe central bank's directive restricts Paytm Payments Bank from accepting deposits or top-ups after February 29.
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Stock market today: Sensex, Nifty trade flat; Tata Motors climbs 6 per cent, Paytm plunges
February 05, 2024 10:15 ISTThe BSE Sensex fell 24.99 points to 0.03 per cent while the Nifty showed no change and stood at 21,853.80.
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'Moving mountains for months to make payroll', says Raveendran Byju as company releases salaries
February 05, 2024 7:37 ISTByju's founders and family members had pledged their house to pay employee salaries as the company continues to face a liquidity crunch.
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Company, CEO Vijay Shekhar Sharma not being investigated by ED for money laundering: Paytm
February 05, 2024 7:16 ISTThe RBI had raised concerns about the creation of several accounts at Paytm Payments Bank without proper identification, suspecting potential money laundering activities.
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Traders' body CAIT asks Paytm merchants to switch to other payment apps after RBI ban
February 04, 2024 17:22 ISTPaytm Payments Bank: The central bank has ordered Paytm Payments Bank Ltd to halt most of its business including taking further deposits, conducting credit transactions and carrying out top-ups on any customer accounts, prepaid instruments, wallets, and cards for paying road tolls after Feb 29
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SBI comes forward to rescue Paytm customers, says 'will act on RBI direction'
February 04, 2024 13:06 ISTThe direction follows persistent non-compliances and continued material supervisory concerns, the central bank said in a statement.
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Paytm Bank: Money laundering concerns, KYC non-compliance led to ban on PPBL by RBI
February 03, 2024 18:33 ISTPaytm Payments Bank: Sources said RBI in 2021 detected serious KYC Anti Money Laundering violations and the bank was directed to address these deficiencies. However, they continued to persist. The compliances submitted by the bank were found to be incomplete and false on many occasions.
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Average monthly GST collections to grow 11 per cent to Rs 1.85 lakh crore in FY25: Revenue Secretary
February 02, 2024 14:44 ISTFinance Minister Nirmala Sitharaman highlighted the doubling of the GST taxpayer base and monthly revenues since its launch in her budget speech.
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Apple India December quarter revenue surges to record high on robust iPhone sales: Tim Cook
February 02, 2024 13:38 ISTThe company recorded a quarterly revenue of USD 119.6 billion, a 2 per cent year-over-year increase.
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Will you be able to use Paytm services after February 29? Check UPI, wallet and other details
February 02, 2024 13:14 ISTThe RBI imposed restrictions, prohibiting the bank from accepting new deposits or conducting credit transactions after February 29.
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Stock market update: Nifty hits fresh record high, Sensex over 1,400 points; RIL surges to new peak
February 02, 2024 13:26 ISTThe surge in the Sensex and Nifty can be attributed to robust global cues and positive budgetary announcements.
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56 lakh updated ITRs filed, Rs 4,600 crore taxes collected in two years: CBDT
February 02, 2024 11:16 ISTThe Budget announced the withdrawal of outstanding small tax demands dating back to 1962, up to Rs 25,000 till 2014-15.
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'Paytm will keep working beyond February 29', says Vijay Shekhar Sharma after RBI announces curbs
February 02, 2024 13:14 ISTVijay Shekhar Sharma stated in a blog post that Paytm's app will continue to function normally beyond February 29 for existing users to withdraw funds.
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Stock market: Sensex climbs 846 points, Nifty tops 21,950 amid 20 per cent decline in Paytm
February 02, 2024 10:46 ISTThe BSE Sensex rose 846.64 points to 72,491.94, while the Nifty surged 256.55 points to 21,954.
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Paytm Payments Bank reassures safety of existing balances after RBI restrictions
February 02, 2024 8:59 ISTPaytm Payments Bank Limited is prohibited from 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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Byju's crisis: Investors issue notice for founders' ouster, US unit files for bankruptcy
February 02, 2024 7:59 ISTThe notice sent to shareholders outlines the resolutions proposed for the EGM and highlights the need to resolve governance and financial issues and shift control away from the founders.
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Finance Minister Nirmala Sitharaman defers equity support to oil companies to next fiscal year
February 02, 2024 7:09 ISTThe equity support was intended to aid the Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation in their energy transition projects.
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Deutsche Bank to cut 3,500 jobs even as it records USD 4.5 billion profit last year
February 01, 2024 23:03 ISTDeutsche Bank said the reduction in the number of positions would mostly be for jobs that don't involve directly dealing with customers.
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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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SC suggests reconstituting SIT in Ram Temple theft case, cautions against politicising matter
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CJP protest LIVE: Protesters dispersed from Jantar Mantar; police personnel injured during clash
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Govt tables bill to raise Supreme Court judges' strength in Lok Sabha: All you need to know
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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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SC suggests reconstituting SIT in Ram Temple theft case, cautions against politicising matter
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Motorola Edge 70 Max launched at Rs 49999: 7100mAh battery, 90W charging and flagship AI features
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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