More From Economy
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Go First to challenge Delhi High Court order on inspection of planes by lessors
July 06, 2023 22:25 ISTGo first update: Senior advocate Ramji Srinivasan appearing for the resolution professional of Go First told the NCLT today that the airline will challenge the high court order.
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Markets trade with slight gains amid weak trends in global equities; Rupee falls against US dollar
July 06, 2023 11:43 ISTStock markets: The 30-share BSE Sensex climbed 54.09 points to 65,500.13 in early trade. The NSE Nifty went up by 21.15 points to 19,419.65.
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Massive crackdown: Over 4,900 fake GST registrations cancelled, CBIC tights return filing
July 06, 2023 8:08 ISTOver 69,600 GST Identification Numbers (GSTINs) have been chosen for actual confirmation, of which 59,178 have been checked by field officials during the continuous container India unique drive.
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Hi-Green Carbon files draft papers for IPO; to list on NSE Emerge
July 05, 2023 20:32 ISTThe Gujarat-based firm, which is into recycling of waste tyres, plans to offer up to 76 lakh equity shares through the book-building process.
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Cash-strapped Pakistan slashes trade deficit by 43% in FY 23: Report
July 05, 2023 14:05 ISTIn the previous fiscal year 2022, the trade deficit of Pakistan had widened to a daunting USD 48.35 billion, causing concern about the country’s economic stability.
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Goyal lauds growth of startups, says collective responsibility of all nations to support innovation
July 05, 2023 8:05 ISTPiyush Goyal emphasised the significance of the G20 discussions on startups by stating that collaborations in research and development and facilitating the exchange of ideas, best practices, and funding mechanisms must be prioritised.
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As FMCG industry sees demand revival, buying spree continues in Nomura-backed FMCG player Mishtann
July 05, 2023 6:45 ISTAfter global financial services group Nomura raised its stake in leading FMCG player Mishtann Foods, its promoter has now hiked the stake. According to BSE data, director and promoter Hiteshkumar Patel has purchased over 4.8 lakh equity shares from open market.
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Investors become richer by Rs 7.90 lakh cr in 5 days; BSE-listed firms' valuation hits new peak
July 04, 2023 19:15 ISTInvestors' wealth climbed Rs 7,90,235.84 crore in five days of rally. The market capitalisation of BSE-listed firms also reached an all-time high of Rs 2,98,57,649. 38 crore on Tuesday.
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Housing sales down 1pc in Jan-Jun across top 8 cities; gross office leasing up 3pc: Knight Frank
July 04, 2023 15:04 ISTIn contrast, gross office space leasing increased 3 per cent to 26.1 million square feet from 25.3 million square feet.
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Axiscades appoints former DRDO Chairman S Christopher as Director
July 04, 2023 14:40 ISTChristopher holds an engineering degree from University of Madras, M-Tech in Microwaves and Radar Engineering from IIT, Kharagpur, and PhD in Antenna and Measurement Techniques from IIT Madras.
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Startup20 summit: Govt will act as facilitator to bolster startups, not regulator, says Piyush Goyal
July 04, 2023 14:25 ISTStartup20 summit: Addressing the Startup20 summit in Gugram, Commerce and Industry Minister Piyush Goyal asserted that this ecosystem's stakeholders will practise self-regulation.
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Tina Ambani appears before ED after husband Anil Ambani in FEMA case
July 04, 2023 12:49 ISTAnil Ambani's assertion was kept for another situation enrolled under different areas of FEMA. The examination revolves around the associated ownership with undisclosed resources abroad and the development of connected assets by the industrialist and his wife.
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Stock markets: Sensex, Nifty at record high in early trade; Rupee jumps 4 paise against dollar
July 04, 2023 11:40 ISTStock markets: Rallying for the fifth straight session, the 30-share BSE Sensex jumped 381.55 points to hit its all-time peak of 65,586.60 in early trade. The NSE Nifty climbed 90.95 points to reach its fresh record high of 19,413.50.
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India's largest corporate deal: IDFC to merge with IDFC First Bank, shares tank 6%
July 04, 2023 11:35 ISTThe share exchange ratio for the consolidation has been set at 155 value portions of IDFC First Bank for each 100 value portions of IDFC Restricted.
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Synoptics Technologies IPO: Check latest GMP, subscription status and other details
July 04, 2023 8:08 ISTThe IPO has witnessed a significant jump in its Grey Market Premium (GMP), which currently stands at Rs 25 per share, indicating a positive market sentiment towards the issue.
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India's PMI growth falls slightly in June, but remains strong
July 03, 2023 14:39 ISTThe survey said that regardless of the downfall, the headline figure highlighted a significant improvement in working circumstances. The survey revealed that sales, production, stock building, and employment were all positively impacted by the strength of demand.
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Sensex hits all-time high at 65,000; Nifty trades on 19,000
July 03, 2023 10:13 ISTSensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high.
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Tesla sales jump 83 per cent from a year ago as tax credits, broader adoption drive sales
July 02, 2023 23:18 ISTThe company produced 479,700 vehicles from April through June, about 13,000 more than it sold, indicating that inventories may be building.
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SBI launches interoperable cardless cash withdrawal from any bank ATM
July 02, 2023 21:12 ISTThe upgraded version of the YONO app will empower customers of other banks to embark on the YONO journey, thereby encouraging them to become a part of the ever-growing SBI family.
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Market valuation of top-10 most valued firms jumps Rs 1.88 lakh cr; HDFC Bank, TCS biggest gainers
July 02, 2023 18:14 ISTThe valuation of HDFC Bank surged Rs 32,600.19 crore to Rs 9,51,584.36 crore, the most among the top 10 firms.
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India’s largest robotics firm Addverb aims Rs 8,000 cr revenue in 5 yrs
July 02, 2023 17:50 ISTAddverb, which is owned by Reliance Retail, expects to surpass Rs 8,000 crore in revenue in five years, with scaling up of manufacturing operations and diversifying target market base.
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HMA Agro Industries IPO to list on bourses this week
July 02, 2023 16:04 ISTThe category for non-institutional investors received 2.97 times subscription, while the portion for Qualified Institutional Buyers (QIBs) was subscribed 1.74 times and Retail Individual Investors' (RIIs) 96 per cent.
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Over 12,000 fake entities in GST; CBIC plans biometric authentication, tighter return filing
July 02, 2023 14:15 ISTJohri further said that the tax authorities are also discussing some more tightening in the GST return filing system to limit the scope of claiming Input Tax Credit (ITC), when taxes have not been paid by suppliers in the supply chain.
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GST Day 2023: "Goods and Services Tax has done justice to consumers by...," says Nirmala Sitharaman
July 02, 2023 7:01 ISTNirmala Sitharaman on GST: Finance Minister added that many common-use items and services have been exempted from GST for the benefit of the people.
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Punjab National Bank partners with Amul to support finance dealership network
July 01, 2023 23:11 ISTThrough small ticket financing under MUDRA, the bank will be financing Amul's retailers, wholesale dealers/area milk distributors and exclusive Amul preferred outlets-milk parlours, a statement said.
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Nirmala Sitharaman praises PSBs, says 'profit tripled to Rs 1.04 lakh in nine years'
July 01, 2023 21:04 ISTPublic sector banks (PSBs) net profit nearly tripled from Rs 36,270 crore in FY2014 to Rs 1.04 lakh crore in FY23.
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Aim to double every four years: HDFC Bank MD after merger
July 01, 2023 20:40 ISTHDFC Bank began the day one after the merger with a rebranding exercise, wherein it is putting up its colours at all the over 500 branches and offices of HDFC Ltd.
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Debadatta Chand takes charge as Bank of Baroda MD
July 01, 2023 20:37 ISTHe has taken over charge from Sanjiv Chadha, whose tenure ended on June 30, 2023, BoB said in a statement.
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PM Modi welcomes anti-paper leak bill passage, vows robust exam system in new selfie video
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Woman abusing PM Modi in viral protest clip booked; FIR cites 'dignity of constitutional post'
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Commonwealth Games 2026 India medal tally - Full list of winners
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Heavy rains near Holy Amarnath cave triggers low-intensity flash floods, no reports of loss of life
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Aaj Ki Baat: How did a bus driver with a salary of 4,000
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ICC announces 12 stadiums to host ODI World Cup 2027, reveals logo
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Why this Gurgaon woman's husband pays her Rs 1,000 for every cafe-style meal she cooks
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Bengaluru man pretending to be disabled while begging confronted by locals, video goes viral
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Father's final words to son before dying of terminal cancer leave internet in tears
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Assam ice cream vendor breaks into tears after being robbed, stranger's kind gesture restores hope
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Man throws dead dog into river, viral video sparks debate over pet's final farewell