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  Indian stock indices reach record highs, Sensex surpasses 74,000 mark

  March 06, 2024 17:27 IST

  Indian stock indices surged to record highs on Wednesday, with the Sensex crossing the 74,000 mark for the first time and settling at 74,085.99 points, while the Nifty closed at 22,474.05 points.

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  New airline Fly 91 gets DGCA's license, flight operations including to Lakshadweep to start soon

  March 07, 2024 0:08 IST

  Fly 91 is a regional airline with headquarters based in Goa. The airline will operate via ATR 72-600 planes.

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  RBI's new guidelines allow customers to choose from multiple card networks at issuance

  March 06, 2024 11:16 IST

  RBI said that card issuers need to provide an option to their eligible customers to choose from multiple card networks at the time of issue.

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  Stock markets suffer on second consecutive day; Sensex slides 229 points, Nifty falls 63 points

  March 06, 2024 10:42 IST

  In the early trade, the 30-share BSE Sensex fell 229.04 points to 73,448.09. Meanwhile, the Nifty declined 63.15 points to 22,293.15. Meanwhile, the rupee stayed flat at 82.90 against the US dollar in early trade.

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  Mukesh Ambani offers prayers at Dwarkadhish temple in Gujarat | Photos

  March 06, 2024 0:26 IST

  Anant Ambani, the youngest of the three children Mukesh Ambani and Nita Ambani have, is set to marry Radhika Merchant - the younger daughter of Viren Merchant, CEO of Encore Healthcare, and entrepreneur Shaila Merchant.

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  Bitcoin reaches record high amidst investor interest, global market dynamics

  March 05, 2024 21:50 IST

  The surge in Bitcoin's price can be attributed to several factors, including a surge in investment into US spot exchange-traded crypto products and the recent approval of 11 spot bitcoin Exchange-Traded Funds (ETFs) by the Securities and Exchange Commission (SEC) in late January.

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  RBI directs JM Financial Products Limited to halt financing against shares, debentures

  March 05, 2024 18:52 IST

  The RBI has directed JM Financial Products Limited to cease financing against shares and debentures due to significant deficiencies observed in its lending practices. This directive, prompted by a review of the company's books, aims to ensure financial stability and uphold regulatory standards.

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  Virat Kohli, Anushka Sharma-backed Go Digit gets Sebi's nod to launch IPO

  March 05, 2024 11:52 IST

  Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of customers.

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  Stock markets: Sensex falls 298 points, Nifty declines 86 points to 22,319 in early trade

  March 05, 2024 11:28 IST

  In the early trade, the 30-share BSE Sensex fell 297.97 points to 73,574.32. Meanwhile, the Nifty declined 86.05 points to 22,319.55 points.

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  RBI bars IIFL Finance from disbursing gold loans; flags supervisory concerns

  March 04, 2024 20:23 IST

  In a statement, the RBI said it has directed IIFL Finance Ltd "to cease and desist, with immediate effect, from sanctioning or disbursing gold loans or assigning/ securitising/ selling any of its gold loans".

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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 IST

  Despite 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 IST

  Union 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 IST

  Shares 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 IST

  In 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 IST

  In 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 IST

  A 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 IST

  RBI 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 IST

  Atishi 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 IST

  Amid 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 IST

  This 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 IST

  Indian 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 IST

  The 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 IST

  Knight 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 IST

  A 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 IST

  The 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 IST

  This 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 IST

  Being 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 IST

  Amazon 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.