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  UPI to account for 90% of retail digital payments by 2026-27: Report

  May 28, 2023 16:54 IST

  UPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report.

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  Hi-Tech Pipes net profit up 40% in March quarter, dividend declared

  May 28, 2023 14:32 IST

  The company's board has also declared a final dividend for the financial year ending March 31, 2023. The dividend payout has been fixed at Rs 0.025 per share of Re 1 each.

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  Metals company Manaksia posts Rs 107 crore consolidated net profit in financial year 2022-23

  May 28, 2023 14:23 IST

  On a yearly basis, Manaksia said in a regulatory filing that the consolidated net profit in the financial year 2022-23 was recorded at Rs 107 crore.

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  Uber partners with GeM portal to offer taxi services to govt offices, agencies, PSUs at fixed price

  May 28, 2023 11:58 IST

  Soon personnel from government ministries, departments, agencies and public sector units will be able to book taxis for official purposes from cab aggregator Uber.

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  Insurance industry comes together to increase life insurance awareness under aegis of IRDAI

  May 27, 2023 14:09 IST

  Life Insurance: Tata AIA Life Insurance and IFFCO-Tokio (Lead insurer – General Insurance) have been driving the initiatives in Mizoram to educate citizens about Life and General insurance benefits.

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  Distilleries player Vishwaraj Sugar improves top-line growth in fourth quarter

  May 27, 2023 10:53 IST

  The company has reported a 52 percent jump in revenue from operations in the fourth quarter while the revenue in FY23 grew 32 percent to Rs 616 crore.

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  Go First crisis: Airline extends flight cancellations till May 30

  May 27, 2023 7:54 IST

  Go First airlines cited operational reasons as it extended the suspension of its flight operations till May 30.

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  Indian economy to surpass 7 per cent growth in Fiscal Year 2023: State Bank of India

  May 26, 2023 15:51 IST

  Union Budget 2023-24's emphasis on capital expenditure is expected to crowd-in private investment, strengthen job creation and demand, and raise our growth potential, the report said.

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  India's exports to Germany may get adversely impacted due to recession: Exporters

  May 26, 2023 13:34 IST

  Data released by the Federal Statistical Office on Thursday shows that Germany's gross domestic product (GDP) declined by 0.3 percent from January to March.

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  India challenges WTO panel ruling on import duties on certain ICT products

  May 26, 2023 11:24 IST

  The dispute panel of the Geneva-based WTO had said that the import duties imposed by India on certain informational and technology products violates global trading norms.

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  Equity markets rally in early trade; Rupee rises 5 paise against dollar

  May 26, 2023 13:31 IST

  Stock markets: Extending their previous day's rally, the 30-share BSE Sensex climbed 178.34 points to 62,050.96 in early trade. The NSE Nifty gained 51.1 points to 18,372.

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  Good news for Servotech Power shareholders as board approves sub-division of equity shares

  May 25, 2023 22:18 IST

  The decision to split the face value of shares was taken at a board meeting of the Delhi-based company on Thursday.

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  Punjab fuel stations say 90% cash they are receiving is of Rs 2,000 notes after RBI's move

  May 25, 2023 18:09 IST

  After the decision to withdraw the currency, almost 90 per cent of the cash received is of Rs 2,000 notes, the Punjab Petroleum Dealers Association said on Thursday.

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  LIC shares settle nearly 2 per cent higher after Q4 earnings

  May 25, 2023 17:32 IST

  LIC advanced 1.62 per cent to settle at Rs 603.55 on the NSE. Its stock settled with a gain of 1.69 per cent at Rs 603.60 on the BSE.

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  DGCA asks Go First airlines to submit 'revival' plan in 30 days | DETAILS

  May 25, 2023 23:51 IST

  Go First update: Directorate General of Civil Aviation advised the airline on May 24 to submit within a period of 30 days a comprehensive restructuring plan for a sustainable revival of operations, the source at the regulator said.

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  ONGC's del-credere agent Vikas Lifecare bags order worth Rs 155 million for agro division

  May 25, 2023 11:27 IST

  The new order will be executed in the second quarter of the financial year 2023-24. With this, the agro division has achieved Rs 480 million sales.

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  Markets fall in early trade, Sensex extends losses for 2nd consecutive days

  May 25, 2023 11:20 IST

  Stock markets: In sectoral indices, energy, IT and financial services were trading in the negative territory on Thursday morning. Telecommunication and Auto indices are trading in the positive territory in the morning.

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  DGCA to conduct audit of airline's preparedness before flight resumption: Go First tells staff

  May 24, 2023 20:59 IST

  On Tuesday (May 24), a senior official at the Directorate General of Civil Aviation said the airline has submitted its response to the regulator's show cause notice, indicating that it is working on the details of a plan to resume flights at the earliest.

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  LIC reports over 5-fold jump in consolidated net profit in March quarter

  May 24, 2023 23:31 IST

  The LIC recorded a multi-fold increase in the net profit to Rs 35,997 crore for Financial Year 2022-23.

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  Elon Musk searching location for new Tesla factory, is India on list?

  May 25, 2023 3:44 IST

  Tesla CEO Elon Musk said that they will be finalising the new factory location by the end of 2023.

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  FDI declines 16 per cent in financial year 2023, first y-o-y contraction in decade

  May 24, 2023 19:15 IST

  FDI declines: Massive investments in capital-intensive chip FDI projects are underway, in line with the Government of India’s efforts to develop the industry.

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  'GDP growth rate for 2023 to be 7% or more': RBI Governor Shaktikanta Das on inflation

  May 24, 2023 14:51 IST

  Shaktikanta Das stated that the retail inflation data for this month, which are scheduled to be released on June 12, "could possibly be lower."

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  Global financial services group Nomura raises stake in multibagger stock Mishtann Foods

  May 24, 2023 13:27 IST

  According to a regulatory filing dated May 24, Nomura Singapore's stake now stands at 1.28 per cent or 1,28,25,854 shares.

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  Dynamic Cables Q4 net profit grows 18% boosted by higher income

  May 24, 2023 11:21 IST

  The company's board of directors has approved a final dividend of Rs 0.50 per share of Rs 10 each for FY23, according to a statement.

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  Stock markets fall in early trade on weak global trends; rupee rises 8 paise against dollar

  May 24, 2023 11:07 IST

  Stock markets update: Power Grid, Kotak Mahindra Bank, Maruti Suzuki India, Tech Mahindra, ITC and NTPC were among the winners. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.

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  SpiceJet hikes pilots’ salary to Rs 7.5 lakh per month for 75 hrs of flying

  May 24, 2023 7:47 IST

  SpiceJet likewise said that trainers (DE, TRI) and first officials will likewise see expanded compensation comparably.

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  'India GDP will be fastest-growing economy over next few years, but bureaucracy...': Moody's report

  May 23, 2023 22:41 IST

  It said despite the economy's strong potential, there is a risk that the pace of investment in India's manufacturing and infrastructure sectors could slow because of limited economic liberalization or slower policy implementation.

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  Retailers cannot insist on mobile number of customers for delivering certain services

  May 23, 2023 21:27 IST

  The advisory has been issued following several consumer complaints. Customers have complained about many retailers not providing them services if they refuse to share their contact number, he said.