• 

  Metal giant JTL Industries mulls bonus after announcing Rs 330 crore capex

  June 28, 2023 19:11 IST

  The immediate enhancement of 1 lakh tonne each will come up at the Malegaon plant in Maharashtra and the Raipur mill in Chhattisgarh, which will take their overall output to 3 lakh tonne each, the PTI report said.

• 

  Sensex crosses 64,000-mark for first time; Nifty scales 19,000-peak in intra-day trade

  June 28, 2023 20:25 IST

  Extending the previous day's rally, the 30-share BSE Sensex surged 499.39 points or 0.79 per cent to settle at its life time closing high of 63,915.42 points.

• 

  Go First extends flight cancellations till June 30

  June 28, 2023 14:40 IST

  Go First update: Aircraft of the cash-strapped carrier have been grounded since May 3.

• 

  Adani Power's Jharkhand plant commences supply to Bangladesh

  June 28, 2023 13:46 IST

  On April 6, the first unit of the power plant, with 800MW capacity, had achieved its COD. Power supply from the Godda plant to Bangladesh will further enhance energy security in the neighbouring country.

• 

  Nifty, Sensex achieve record-high levels in early trades amid fresh momentum in US markets

  June 28, 2023 10:50 IST

  Sensex gained 299.97 points to take its tally to 63,716, while NSE Nifty reached its peak at 18,908, climbing 90.75 points. The stocks were bolstered by purchasing heavyweight stocks like Reliance Industries and HDFC Bank.

• 

  Tomato prices on rage, cross Rs 100/kg-mark in Delhi, Bengaluru; TN govt announces relief

  June 28, 2023 8:57 IST

  Tomato sellers said tomato prices are on the rise due to disruption in transportation in the wake of rains in several parts of the nation.

• 

  Supertech Group Chairman RK Arora arrested by ED in money laundering case

  June 28, 2023 6:22 IST

  According to reports, there were cases of cheating with buyers in different police stations of Uttar Pradesh after which ED started its investigation under PMLA.

• 

  On India-UK Free Trade Agreement, UK Investment Minister says...

  June 27, 2023 21:51 IST

  Addressing a UK-India Infrastructure Summit hosted by the City of London Corporation as part of the India Global Forum UK-India Week, Johnson said he is “very optimistic” about an FTA even as he declined to put a timeframe to it.

• 

  India's current account deficit dips to 0.2% of GDP in Q4 FY23: RBI data

  June 27, 2023 19:25 IST

  The trade deficit decreased to USD 52.6 billion from USD 71.3 billion in the previous quarter, which was primarily responsible for the sequential decline in CAD in the fourth quarter of the previous fiscal year. Additionally, robust service exports contributed to the decrease in CAD.

• 

  Global Competitiveness Index 2023: India slips to 40th spot I Check which country TOPPED the list

  June 27, 2023 11:22 IST

  Denmark, Ireland and Switzerland have been named the top three among 64 economies measured for their global competitiveness in the 2023 IMD World Competitiveness Ranking, published by the World Competitiveness Center for the 35th consecutive year.

• 

  Not onions, but tomatoes bring tears! prices soar Rs 100 per kg in Bengaluru, Raipur

  June 27, 2023 10:17 IST

  Tomato prices touched Rs 100/kg in some cities. Heavy rains hit the transportation of the vegetables which caused the sudden hikes in the prices.

• 

  EPFO deadline to apply for higher pension extended to July 11

  June 26, 2023 23:04 IST

  The body in charge of the provident fund had previously extended the deadline twice, first from March 3 to May 3 and then to June 26. The deadline was extended to give pensioners more time to solve any issues they might have.

• 

  Infosys bags USD 454 million digital transformation deal from Denmark's Danske Bank

  June 26, 2023 20:30 IST

  As part of the strategic collaboration, Infosys will also acquire Danske Bank’s IT centre in India which employs 1400 digitally skilled professionals.

• 

  Synoptics Technologies IPO to open on Jun 30, list on NSE Emerge

  June 26, 2023 20:40 IST

  The total size of the public issue is 22. 80 lakh shares. The IPO aims to raise Rs 54. 04 crore. The issue comprises of fresh issue of 14. 80 lakh equity shares amounting to Rs 35. 08 crore and an offer for sale (OFS) of up to 8 lakh shares worth Rs 18.96 crore.

• 

  Stock market: Asian shares mixed, oil prices gain after Wagner armed rebellion quelled in Russia

  June 26, 2023 14:54 IST

  A preliminary report last week indicated the overall US economy continues to grow, even though manufacturing is shrinking and its output fell to a five-month low.

• 

  India to remove additional customs duties on eight US products

  June 26, 2023 6:23 IST

  These duties were initially imposed in 2019 in response to the US increasing tariffs on specific steel and aluminium products.

• 

  Two-thirds of Rs 2,000 notes returned within a month of withdrawal: RBI Guv Shaktikanta Das

  June 25, 2023 15:55 IST

  Shaktikanta Das had said around Rs 1.8 lakh crore worth of the Rs 2,000 notes in circulation had been returned, with the remaining balance being exchanged for deposits and deposits of 8 lakh crore.

• 

  Adani Day: Group celebrates its Foundation Day & Chairman’s birthday with members of 1983 team

  June 24, 2023 19:32 IST

  Gautam Adani established the Adani Group in 1988, a conglomerate with diverse interests in mining, infrastructure, power generation, ports, logistics, renewable energy, and power generation. Coal, agricultural products, and textiles were among the first commodities that the group traded and exported

• 

  Google to open fintech operation centre in Gujarat: Sundar Pichai after meeting PM Modi

  June 24, 2023 6:15 IST

  We are announcing the opening of our global fintech operation centre in GIFT City, Gujarat. PM’s vision for Digital India was way ahead of his time I now see it as a blueprint that other countries are looking to do, said Google CEO Sundar Pichai.

• 

  Jio's satellite unit favours auction, Airtel joins satcom firm to oppose the method

  June 23, 2023 23:48 IST

  Elon Musk-owned SpaceX too has suggested an auction model but it is not for the auction of spectrum but bids in the form of a percentage of annual revenue as spectrum value fee in lieu of upfront currency bids.

• 

  HDFC Life gets Rs 942-crore GST demand notice

  June 23, 2023 23:35 IST

  Stating that the input tax credit (ITC) case is an industry-wide issue, HDFC Life said the company will be taking appropriate steps in due course to reply to the show cause notice and contest the matter.

• 

  New Power Tariff Rule: Consumers can save upto 20% in electricity bills | HERE is how

  June 23, 2023 21:29 IST

  The Government of India has introduced two changes to the prevailing power tariff system, through an amendment to the Electricity (Rights of Consumers) Rules, 2020.

• 

  India's forex reserves jump $2.35 billion to $596 billion

  June 23, 2023 20:32 IST

  It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.

• 

  Good news! Petrol, diesel prices to come down soon | Here is WHY

  June 23, 2023 16:22 IST

  Oil marketing companies (OMCs) may cut petrol and diesel price by Rs 4-5 a litre from August onwards given the key state elections likely from November-December onwards.

• 

  Deloitte resigns as BYJU'S auditor, edtech firm ropes in BDO for audit

  June 22, 2023 23:30 IST

  Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed.

• 

  Indians' funds in Swiss banks down 11% to Rs 30k cr on dip in customer deposits

  June 22, 2023 21:16 IST

  The decline in aggregate funds of Indian clients with Swiss banks, from a 14-year-high of CHF 3.83 billion in 2021, follows two consecutive years of increase and was largely driven by a sharp plunge of nearly 34 per cent in customer deposit accounts from a seven-year high.

• 

  Sebi slaps Rs 20 lakh on 4 entities for non-genuine trades

  June 22, 2023 19:52 IST

  Sebi had observed large-scale reversal trades in the illiquid stock options segment on BSE, leading to artificial volumes on the exchange.

• 

  Monetary Policy Committee: 'Fight against inflation not over, job only half done,' says RBI Governor

  June 22, 2023 19:49 IST

  For the second time in a row, the RBI decided unanimously to maintain the repo rate at 6.5%. The interest rate at which the RBI lends to other banks is known as the repo rate.