More From Economy
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Bank holidays in November 2022 - Full list
November 02, 2022 10:59 ISTBank holidays in November 2022 will differ according to states and regions. While some bank holidays will be observed nation-wide, others will be treated as local holidays.
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Twitter blue tick: Pay $8 per month, get exclusive features, says Elon Musk. Details
November 02, 2022 7:20 ISTTaking to Twitter, Musk wrote, "Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit. Power to the people! Blue for $8/month."
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Windfall profit tax on crude oil cut; levy on export of diesel, ATF hiked
November 01, 2022 23:45 ISTWhile the windfall profit tax is calculated by taking away any price that producers are getting above a threshold, the levy on fuel exports is based on cracks or margins that refiners earn on overseas shipments.
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Fintechs utilizing Artificial Intelligence for seamless payment solutions
November 01, 2022 23:17 ISTToday, it comes as no surprise that we can get instant loans, make payments smoothly all because the accounts are linked and enable ease of access through digitization.
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Vetsa Ramakrishna Gupta takes charge as BPCL's interim chief
November 01, 2022 17:59 ISTOther than BPCL, Oil and Natural Gas Corporation (ONGC) has been without a regular chairman and managing director since April 2021. Currently, the post is being held by Rajesh Kumar Srivastava.
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Elon Musk ropes in Sriram Krishnan as technology executive as he implements changes in Twitter
November 01, 2022 15:33 ISTAccording to his profile on Andreessen Horowitz's website, Krishnan invests in early-stage consumer startups and serves on the boards of companies Bitski, Hopin, and Polywork.
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Festive season propels petrol, diesel demand to highest in four months
November 01, 2022 13:59 ISTIndustry sources said the ending of extended monsoon rains in most parts of the country and a pick up in agriculture season led to a rise in diesel demand.
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Petrol, diesel prices slashed by 40 paise per litre? Here's what oil companies say
November 01, 2022 12:24 ISTThe drop in prices of petrol and diesel was expected as international crude oil prices dropped and have remained stable for some time.
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RBI imposes fines on Vakrangee, LIC Housing for violating norms
October 31, 2022 20:58 ISTThe Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1,76,00,000 on Vakrangee Ltd for non-compliance with certain provisions of the White Label ATM (WLA) directions, the central bank said in a release.
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Sebi issues guidelines to standardise CRAs' rating scales
October 31, 2022 20:58 ISTPursuant to the consultation with the CRAs, standardised symbols and their definitions have been devised for issuer rating or corporate credit rating, the Securities and Exchange Board of India (Sebi) said in a circular, adding that the new guidelines will come into force from January 1, 2023.
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RBI to launch first pilot of Digital Rupee today
November 01, 2022 0:18 ISTThe Reserve Bank of India (RBI) will launch first pilot of Digital Rupee for the wholesale segment on November 1, 2022 (Tuesday), a statement said on Monday.
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Inflation hits new record high of 10.7% in Europe, slowing economy
October 31, 2022 16:48 ISTAnnual inflation reached 10.7 per cent in October, the European Union's statistics agency, Eurostat, reported. That is up from 9.9 per cent in September and the highest since statistics began to be compiled for the eurozone in 1997.
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Market closes at 1% higher; Sensex rises by 787 points, Nifty ends at 18,012
October 31, 2022 16:07 ISTThe 30-share BSE Sensex darted 786.74 points to end at 60,746.59. During the day, it jumped 826.85 points or 1.37 per cent to 60,786.70.
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Central Government extends curbs on sugar exports till October 31, 2023
October 29, 2022 13:01 ISTSugar exports: India has been the highest producer and the second largest exporter of sugar in the world in the current year.
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Employees of private company may get pension after retirement | Checks EPFO norms
October 29, 2022 12:39 ISTAn employee of a private company may avail pension after retirement if he works for at least 10 years in the organization.
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India's foreign exchange reserves at new over 2-year low amid weak rupee
October 29, 2022 10:05 ISTForex reserves India: The Indian rupee has been weakening over the past few weeks to hit fresh new all-time lows as the US dollar strengthened against major global currencies.
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Sebi to auction properties of Bishal Group of companies on November 30 | Know why
October 28, 2022 18:42 ISTBishal Group of companies' four firms had mobilised funds by issuing Redeemable Preference Shares (RPS) to more than 49 persons without complying with the public issue norms.
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Intel set to lay offs employees as it cuts billions of dollars in spending
October 28, 2022 13:55 ISTIntel CEO Pat Gelsinger, during the company's Q3 earnings call, said that we are responding to the current environment by taking aggressive actions to reduce costs.
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BYJU's borrows ₹300 crore from Aakash for 'principal business activities'
October 28, 2022 12:29 ISTBYJUs news: Last month, the edtech major paid the remaining dues of nearly Rs 1,983 crore (over $245 million) to global VC firm Blackstone in the acquisition of Aakash Educational Services.
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Coordinated policy efforts are required to check high inflation rate: RBI MPC member
October 28, 2022 11:24 ISTInflation Issue: RBI MPC member Bhide said the high inflation rate is mainly a consequence of exogenous price shocks.
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President Droupadi Murmu launches ‘herSTART’ - a platform for women entrepreneurs: Why it matters
October 27, 2022 18:04 ISTGujarat university currently actively supports over 125 female-led start-ups and with over 15,000 female entrepreneurs involved in the campaign. The ‘herSTART’ initiative hopes to bring unprecedented growth in this data.
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CBDT extends due date for filing Income Tax Return for AY 2022-23 to November 7
October 26, 2022 18:34 ISTCBDT extends ITR due date: CBDT, the tax administration arm of the government, had extended the deadline for filing audit reports by 7 days last month to October 7.
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Dabur India to acquire 51 pc stake in Badshah Masala in Rs 587.52-cr deal
October 26, 2022 18:02 ISTDabur takes over Badshah Masala: The company has signed definitive transaction agreements to acquire 51 per cent shareholding of Badshah Masala Pvt Ltd, a firm engaged in manufacturing, marketing and export of ground spices, blended spices and seasonings, said a joint statement.
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Rishi Sunak's wife Akshata Murthy earned whopping Rs 126.61 cr in 2022 | Check her source of income
October 25, 2022 14:54 ISTAkshata did her schooling in Bengaluru before moving to Claremont McKenna College in California.
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Muhurat Trading 2022: Sensex jumps 650 points, Nifty above 17,700 mark
October 25, 2022 6:12 ISTMuhurat Trading 2022: Sensex jumped 647 points to open above 59,950 while Nifty has also gained 192.15 points to reach 17,768.45. L&T led the gainers' pack, spurting 2.10 per cent, followed by ICICI Bank, Nestle India, HDFC, HDFC Bank, NTPC and PowerGrid.
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Diwali 2022: Gold sales glitter during 2-day Dhanteras; higher footfalls after Ind-Pak T20 match
October 24, 2022 12:04 ISTDiwali 2022: After the two years recession in the market due to Covid-19, CAIT estimated that this year's Diwali festival business figure would cross Rs 1.5 lakh crores in the country.
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Russian banks open special vostro accounts for foreign trade in rupee following RBI approval
October 23, 2022 13:00 ISTRussian banks: The largest and second-largest banks in Russia - Sberbank and VTB Bank, are the first foreign lenders to get approval after the RBI formulated the guidelines in July for offshore rupee transactions.
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IND vs PAK T20 WC clash Delhi restaurants cinema halls get ready with curated menus live screenings
October 22, 2022 19:55 ISTFrom 'Hitman's Cheese Masala Pao' to 'KL's Onion Samosa', restaurants are offering an eclectic mix of dishes named after some of India's favourite players.
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Jaishankar speaks to Iran FM as West Asia tensions rise; US begins troop pullback from key bases
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US suspends visa processing for applicants from 75 nations; Pakistan, Russia and Iran among listed
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Bangladesh cricketers threaten to boycott playing, demand BCB director to resign
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Anything less than having Greenland in US hands 'unacceptable': Donald Trump
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Washington Sundar doubtful for T20 World Cup? Ruled out of T20I series vs New Zealand
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Bajaj launches affordable Chetak C2501 electric scooter: Price, range, and specs
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BSNL delights users: 5,000GB data plan with OTT subscriptions gets price cut
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Bangladesh cricketers threaten to boycott playing, demand BCB director to resign
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AAP's Raghav Chadha spends a day as Blinkit delivery partner amid gig workers' demands row | WATCH
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Tourist says he is from 'India' in viral Kashmir video; local man's witty reaction wins hearts
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Pune man trapped on balcony at 3 am saved by Blinkit delivery agent; viral video wins internet
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Begging bowl to selling jets: Pakistan Defence Minister's 'miracle plan' to ditch IMF draws mockery
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Bengaluru man shares his four-day earning as Rapido bike captain, sparks debate on gig worker income