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  Switch over to fixed interest rate, info on loan rate changes: RBI's big step for borrowers

  August 18, 2023 16:25 IST

  In a notification, the RBI said in respect of EMI-based floating rate personal loans, in the wake of rising interest rates, several consumer grievances related to elongation of loan tenor and/or increase in EMI amount, without proper communication with and/or consent of borrowers have been received.

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  Mumbai becomes most expensive Indian city to live in, know about most affordable cities | DETAILS

  August 18, 2023 13:03 IST

  In response to rising inflation, the central bank has increased its repo rate by 250 basis points since January 2022, impacting affordability and increasing EMI burdens by 14.4% since then.

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  Making India Aatmanirbhar: How technology can empower dairy farmers and boost their income

  August 18, 2023 13:32 IST

  With raw milk supply improving, there will be fewer price hikes and profitability will recover 20-50 basis points, Crisil Ratings said in the report.

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  Unacademy sacks teacher who appealed students to vote for educated candidates, Delhi CM reacts

  August 18, 2023 0:02 IST

  Unacademy co-founder Roman Saini said that teacher, Karan Sangwan, was in breach of contract and therefore the company had to sack him.

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  Markets end two-day winning streak, Sensex drops around 390 points amid weak global cues

  August 17, 2023 21:05 IST

  During the day, it fell by 493.32 points or 0.75 per cent to 65,046.10. The NSE Nifty slipped 99.75 points or 0.51 per cent to end at 19,365.25.

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  RBI launches portal to access details of unclaimed deposits

  August 18, 2023 13:40 IST

  RBI Governor Shaktikanta Das launched the portal which has been developed by the central bank to help the public to facilitate and also make it easier for them to search their unclaimed deposits across multiple banks.

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  Is your life insurance premium above Rs 5 lakh? Check new tax rules

  August 17, 2023 15:09 IST

  As per the change, for policies issued on or after April 1, 2023, the tax exemption on maturity benefits under Section 10(10D) might be relevant in the event that the total premium paid by an individual depends on Rs 5 lakh a year.

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  Stock markets: Sensex starts flat at 65,340; Nifty trades below 19,402, Adani power rises

  August 17, 2023 14:46 IST

  At 9:15 am, the Nifty 50 record plunged by 0.14 percent to 19,436.30, and the S&P BSE Sensex edged down 0.15 percent to 65,439.50.

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  Finance Minister Nirmala Sitharaman meets Governor of Japan Bank, seeks investments for India

  August 17, 2023 10:19 IST

  During the meeting with JBIC Governor Hayashi Nobumitsu in New Delhi, both exchanged views on JBIC's recent activities in India contributing towards Japan's venture focus of five trillion yen throughout the following five years.

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  Govt's push to logistics sector helps small cap stock to drive revenue, profit in June quarter

  August 17, 2023 8:52 IST

  According to a filing in BSE, the logistics solution provider clocked revenue of Rs 83.8 crore as compared to Rs 82 crore in the year-ago period. The total income soared to Rs 84.13 crore in the first quarter.

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  Multibagger steel stock logs over 30% jump in revenue in June quarter amid firm domestic demand

  August 17, 2023 7:22 IST

  The revenue from operations came in at Rs 312.52 crore in the quarter as against Rs 240 crore reported in the corresponding quarter of the last year.

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  India's biggest food trade organisation posts eightfold rise in profit in Q1 on higher income

  August 17, 2023 7:09 IST

  HMA Agro is India's largest exporters of frozen buffalo meat products. Its equity shares got listed on exchanges (NSE and BSE) in July this year.

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  What is preferential issue & rights issue in stock market? Micro cap IT stock to raise over Rs 100cr

  August 17, 2023 6:47 IST

  In a preferential issue of shares, the participating company makes bulk allotment of fresh shares to its investors. The entire process is termed as the preferential allotment of shares.

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  US-based GQG, other investors invest $1.1 billion for 8.1 per cent stake in Adani Power

  August 16, 2023 22:30 IST

  GQG Partners and other investors bought 31.2 crore shares of Adani Power in a block deal -- one of the largest-ever secondary market equity transactions.

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  Aptech CEO Anil Pant passes away months after going on indefinite leave: Know all about him

  August 16, 2023 18:57 IST

  According to his LinkedIn page, Pant had taken over as MD and CEO of Aptech in July 2016.

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  Go First cancels flights till August 18 due to operational reasons | DETAILS

  August 16, 2023 13:26 IST

  Go First update: On May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal, alleging delays on the part of a US-based engine maker, Pratt & Whitney.

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  Domestic air passenger traffic jumps 25 pc in July, IndiGo leads market with 63 pc share

  August 14, 2023 18:35 IST

  No-frills carrier IndiGo carried 76.75 lakh passengers, cornering a market share of 63.4 per cent during the reporting month.

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  Retail inflation jumps to 7.44% in July from 4.87%

  August 14, 2023 20:30 IST

  Previously, high inflation was recorded at 7.79 per cent in April 2022.

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  R Doraiswamy named as LIC's next managing director

  August 14, 2023 17:08 IST

  The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, in June had recommended the name of Doraiswamy as MD.

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  Wholesale inflation remain in negative for fourth month in a row, stands at (-) 1.36 pc in July

  August 14, 2023 12:40 IST

  The wholesale price index (WPI) based inflation rate has been in the negative since April and was (-)4.12 per cent in June. In July last year it was 14.07 per cent.

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  Central debt increased by 174% between 2013-14 and 2022-23, external debt by 100%: Finance Ministry

  August 14, 2023 8:29 IST

  The government's external debt, which was 374,484 crore in 2013–14, will increase by 100% to 7,48,895 crore in 2022–23.

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  Stock split, bonus in 2023: Multibagger small cap aluminium stock reports stellar quarterly results

  August 14, 2023 7:13 IST

  According to a BSE filing by the company, it has reported over 6 per cent jump in total income in the first quarter (Q1FY24) at Rs 27.3 crore. The small cap's net profit also increased to Rs 1 crore in the quarter.

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  Small cap logistics stock declares bonus shares issuance in quarterly results

  August 14, 2023 7:15 IST

  As per the SEBI directives, the bonus issuing company has to fix a record date when investors must own shares in order to be eligible to participate in corporate event. This is called record date.

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  NCCF sells 71,500 kg of tomatoes in Delhi in 2-day mega sale

  August 13, 2023 23:27 IST

  Out of 71,500 kg of tomatoes, 36,500 kg were sold on August 12, while 35,000 kg on August 13, it added. Tomatoes were sold at a subsidised rate of Rs 70 per kg.

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  SEBI levies Rs 60 lakh fine on individual for flouting regulatory norms

  August 13, 2023 20:15 IST

  The penalty is to be paid by Manish Goel (Manish Kr. Goyal), a Sebi-registered research analyst, within 45 days.

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  Smart meters booming businesses as recycling major reports over threefold jump in earnings

  August 13, 2023 13:59 IST

  ONGC's del-credere agent Vikas Lifecare, a high-end specialty chemicals provider, which has entered into a joint venture agreement with Indraprastha Gas Limited to set up India's first integrated smart meter manufacturing unit has declared its quarterly earning.

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  India’s kharif crop planting area rises; paddy leading year-on-year

  August 13, 2023 13:17 IST

  Crops sown during June-July and dependent on monsoon rains are harvested in October-November are kharif.

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  Logistics major posts sharp uptick in quarterly profit as policy initiatives help push demands

  August 13, 2023 8:07 IST

  The net profit in the reporting quarter came in at Rs 29.33 crore which is almost 600 per cent up from Rs 5.45 crore reported in the same quarter of previous financial year. For the full financial year 2022-23, it posted a net profit of Rs 16.6 crore, the filing showed.