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  Heatwave threatens to burn a hole in your pocket: Rising temperatures may result in high inflation

  May 02, 2024 17:09 IST

  Economists question whether this signifies a new volatile phase in the fight against inflation, with the IMD offering no respite from the blistering temperatures. Aside from health concerns, experts highlight the threat to agricultural output, potentially worsening inflationary pressures.

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  Stock markets update: Sensex surges over 200 points, Nifty up by 57 points to 22,662 in early trade

  May 02, 2024 10:23 IST

  In the early trade, the 30-share BSE Sensex climbed 204.88 points to 74,687.66. Meanwhile, the Nifty was also up by 57.35 points to 22,662.20 points.

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  Gold demand surges by 8 per cent in India, RBI buys 19 tonnes in March quarter: World Gold Council

  May 02, 2024 0:10 IST

  Along with India, the global demand for gold has also gone up. For March quarter, the demand witnessed a spike of 3 per cent to 1,238 tonnes making January-March 2024, the strongest quarter after 2016.

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  GST collection hits record high of Rs 2.10 lakh crore in April

  May 01, 2024 13:24 IST

  Goods and Services Tax (GST) collections soared to a new peak of Rs 2.10 lakh crore in April, marking a 12.4% increase from the previous year.

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  127-year-old Godrej Group splits conglomerate between family

  May 01, 2024 9:41 IST

  Godrej Group splits: Pirojsha Godrej will be the Executive Vice Chairperson of GIG and will succeed Nadir Godrej as the Chairperson in August 2026.

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  Stock market update: BSE, NSE to remain closed today for Maharashtra Day

  May 01, 2024 8:40 IST

  Stock market update: The next market holiday of the stock exchange is on May 20 (Monday) for the Lok Sabha Elections 2024.

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  Air India extends suspension of Tel Aviv flights till THIS date amid tense situation in Middle East

  April 30, 2024 22:29 IST

  Air India has extended the suspension of its flight services to Israel's capital Tel Aviv till May 15, in the wake of prevailing conflict and tension between Israel and Hamas.

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  DGCA takes action against Vistara for lapses, suspends vice president of pilot training

  April 30, 2024 19:42 IST

  Vistara, a joint venture between the Tata Group and Singapore Airlines, has been in the news for the wrong reasons. Earlier, it was in the news for flight disruptions and now for lapses in the pilot training.

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  Nifty hits fresh all-time high of 22,779, Sensex nears lifetime peak

  April 30, 2024 14:45 IST

  From the Nifty-50 pack, Mahindra & Mahindra, IndusInd Bank, Power Grid and Hero MotoCorp were the major gainers.

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  Key financial changes in May that will impact you: Check all details here

  April 30, 2024 12:12 IST

  As May unfolds, several financial changes are on the horizon, impacting mutual fund investors and banking customers alike. While not as transformative as previous months, these changes demand attention and awareness.

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  Are banks closed on May 1? | Check complete list of bank holidays in May 2024

  April 30, 2024 10:28 IST

  Bank holidays May 2024: The Reserve Bank of India shared the list of bank holidays for the upcoming month which includes Sundays, second and fourth Saturdays as well as a list of public holidays.

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  Google implements further layoffs amid reorganisation efforts; Python, Dart, Flutter affected most

  April 30, 2024 10:29 IST

  Google has launched another round of layoffs affecting teams such as Python, Dart, and Flutter, as part of a reorganisation strategy aimed at enhancing efficiency. Unlike previous layoffs due to dissent and misconduct, this move focuses on restructuring to align resources with core priorities.

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  Stock market update: Sensex rises over 150 points, Nifty nears 22,700

  April 30, 2024 14:54 IST

  The early gains in both Sensex and Nifty suggest a positive outlook for the stock market, with investors anticipating continued momentum and favorable trading conditions throughout the session.

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  Sensex jumps 411 points, Nifty above 22,450. BSE tanks 17 per cent

  April 29, 2024 11:11 IST

  Indian stocks started the week on a positive note, riding on the coattails of a strong performance in US markets and improved investor sentiment. With the Sensex rising by 411 points and the Nifty climbing 53.70 points in early trade, sectors like the Nifty Bank emerged as top movers.

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  Dollar hits fresh 34-year high against Yen amid US inflation surge

  April 29, 2024 15:05 IST

  Despite the potential for intervention, analysts remain doubtful about its effectiveness. Tapas Strickland from the National Australia Bank highlighted that macroeconomic fundamentals do not currently support a significant shift towards a hawkish monetary stance.

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  Lower provisions drive ICICI Bank to report 18.5 pc growth in Q4 net profit to Rs 11,672 crore

  April 28, 2024 11:19 IST

  During the reporting quarter, the loan growth was driven by retail at 19.4 per cent, and the proportion of such loans has grown to 54.9 per cent of the overall pie.

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  India to sign trade deal with Oman amid push to expand ties with Middle East

  April 27, 2024 17:05 IST

  Oman is important to India as it provides the gateway to the Strait of Hormuz, a major transit point for global shipments. The planned deal with Oman also gives a competitive edge to India as the Gulf Cooperation Council negotiates with Pakistan and India.

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  Delhi HC directs DGCA to forthwith process applications of Go First’s lessors to deregister aircraft

  April 26, 2024 17:39 IST

  Go First case: The high court pronounced judgement on petitions by several lessors seeking de-registration of their planes by aviation regulator DGCA so that they could take them back from the airline.

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  Stock market update: Sensex climbs 176 points to 74,515 in early trade, Nifty up 50 points to 22,620

  April 26, 2024 10:44 IST

  In the early hours of trading today, the Indian stock market witnessed a positive momentum, with the Sensex rising by 176.47 points to reach 74,515.91. Similarly, the Nifty recorded a gain of 50.05 points, reaching 22,620.40.

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  IndiGo places order for 30 wide-body A350-900 planes to expand its international presence

  April 25, 2024 18:19 IST

  IndiGo announced its venture into the "wide-body space" with the procurement of 30 firm Airbus A350-900 aircraft. These planes are set to be equipped with Rolls Royce's Trent XWB engine. Presently, IndiGo boasts a fleet of over 350 aircraft.

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  When will EPF interest be credited for FY 2023-24? All you need to know about it

  April 25, 2024 14:36 IST

  The Employees’ Provident Fund Organisation (EPFO) increased the interest rate on provident fund deposits for FY 2023-24 from 8.15% to 8.25%, with many eagerly awaiting the crediting of their interest. EPFO calculates interest monthly, with contributions deposited at the fiscal year-end.

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  Whirlpool implements 1,000 job cuts amidst stagnant US appliance demand

  April 25, 2024 9:30 IST

  Whirlpool, the parent company of household appliance brands Maytag and Amana, is initiating a workforce reduction of approximately 1,000 salaried positions globally due to sluggish demand in the US home appliance market.

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  Market opens session with bearish trend: Nifty dips below 22,400, Sensex hovers at 73,600

  April 25, 2024 11:18 IST

  The market commenced Thursday’s session on a downward trajectory, with both the Nifty and Sensex exhibiting bearish trends. The Nifty index slipped below the 22,400 mark, reflecting a cautious sentiment among investors at the opening bell.

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  JPMorgan CEO lauds 'tough' PM Modi for doing 'unbelievable job' on poverty alleviation

  April 24, 2024 18:25 IST

  JPMorgan Chase CEO Jamie Dimon commended PM Modi for pulling 400 million people out of poverty through inclusive financial programmes. He also called the Indian leader "tough" for breaking old bureaucratic norms and opening bank accounts for 700 million people.

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  Bullet train completion depends on awards of all tenders: Indian Railways

  April 24, 2024 17:51 IST

  According to the NHSRCL, the bullet train will take 2 hours and 58 minutes to cover the distance of 508 km, while running at maximum speed of 320 kmph. The time duration includes stoppage time at all 10 stations.

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  PayU gets RBI's in-principle approval to operate as online payment aggregator

  April 24, 2024 17:28 IST

  PayU Payments Private Limited, a key player in India's digital financial services sector, backed by Prosus as an investor, manages businesses subject to regulation by the Reserve Bank of India. It provides sophisticated solutions to address the digital payment needs of the Indian market.

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  RBI bars Kotak Mahindra Bank from onboarding new online customers, issuing fresh credit cards

  April 24, 2024 17:03 IST

  The RBI's action follows deficiencies in Kotak Bank's IT risk management and information security governance.

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  Sensex rises over 200 points, Nifty tops 22,400

  April 24, 2024 10:03 IST

  In line with optimistic trends seen in global markets, benchmark indices in India commenced Wednesday’s trading session on a positive trajectory. The Sensex initiated the day’s trading with a notable gap, surging over 200 points to reach 73,958.