• 

  Xiaomi again lands in trouble! ED show-cause notice to CFO, ex-MD Manu Jain for...I DETAILS

  June 09, 2023 20:40 IST

  Notices were sent to CFO Sameer Rao, former MD Manu Jain, and three banks for FEMA violation of Rs 5,551 crore on Friday.

• 

  With new policy framework in place, logistics major hopes to drive topline growth

  June 09, 2023 15:22 IST

  2023 marks a defining moment for the logistics industry as it is likely to see progress on efficient transportation, resource deployment and optimisation.

• 

  SBI board approves raising Rs 50,000 crore through debt instruments

  June 09, 2023 14:33 IST

  State Bank of India board approved to raise Rs 50,000 crore through debt instruments during FY24.

• 

  Byju's layoffs | Edtech giant mulls fresh round of job cuts, likely to fire 1,000 employees: Report

  June 09, 2023 13:11 IST

  Byju's layoffs: The sales and marketing teams at the company are likely to bear the brunt most by this decision.

• 

  Indian FMCG space gaining FIIs interest as Nomura raises stake in Mishtann Foods; stock at new high

  June 20, 2023 23:16 IST

  The Fast-Moving Consumer Goods (FMCG) sector has emerged as a favourite space for FIIs. Notaly, the FMCG sector is considered defensive because it tends to perform relatively well even during economic uncertainty.

• 

  SpiceJet plans to add 10 narrow-body Boeing aircraft, including five B737 Max

  June 09, 2023 12:25 IST

  The airline informed that it has already signed a lease agreement for these 10 planes which will start joining the fleet in September to cater to the rising demand.

• 

  HMA Agro Industries IPO subscription to begin on June 20; price band fixed

  June 08, 2023 22:59 IST

  The Agra-based firm is among the largest exporters of frozen buffalo meat products from India. Its products are exported to over 40 countries all over the globe. More than 90 per cent of its sales comes from exports.

• 

  Petrol, diesel prices in India will go down when... I Officials revealed all DETAILS

  June 08, 2023 19:33 IST

  Officials said the three firms have been making positive margins on petrol since the fourth quarter of the 2022 calendar year but diesel, which accounts for the bulk of the fuel sales, had been in red.

• 

  Mother Dairy cuts price of Dhara edible oils by Rs 10 per litre | FULL DETAILS

  June 08, 2023 18:58 IST

  Dhara edible oil price cut: "The maximum retail price (MRP) of all variants of Dhara edible oils is being reduced by Rs 10 per litre on account of the continued decline in edible oil prices internationally and better availability of domestic crops such as mustard," a company spokesperson said.

• 

  RBI lowers India's 2023-24 inflation forecast to 5.1 per cent | Here are details

  June 08, 2023 17:21 IST

  RBI on inflation: India's headline inflation has come down during March-April 2023 to 4.7 per cent in April, the lowest since November 2021.

• 

  Mahindra makes foray into dual-fuel small commercial vehicle segment with Supro CNG Duo

  June 08, 2023 14:29 IST

  The model can run on both CNG and petrol. It comes with a payload capacity of 750 kg and a range of 325 km with a CNG tank capacity of 75 litres. It also comes with a five-litre petrol tank to take care of range anxiety issues.

• 

  Will Rs 500 notes be withdrawn or Rs 1,000 denomination be re-introduced? RBI chief answers

  June 08, 2023 13:48 IST

  RBI Governor Shaktikanta Das said people should not speculate over the withdrawal or re-introduction of currency notes.

• 

  Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: RBI Guv

  June 08, 2023 12:53 IST

  Till now, this avenue for dud asset resolutions was available only with scheduled commercial banks and select non-bank finance companies, Das said, adding that comprehensive guidelines on the same will be released soon.

• 

  Markets continue their upward trend amid RBI policy decision; Rupee falls against dollar

  June 08, 2023 12:14 IST

  Stock markets: The 30-share BSE Sensex climbed 174.2 points to 63,317.16 in morning trade after the monetary policy announcement. The NSE Nifty advanced 49.2 points to 18,775.60.

• 

  RBI Monetary Policy: MPC decides to keep policy repo rate unchanged at 6.5%

  June 08, 2023 11:37 IST

  RBI Governor Shaktikanta Das said that MPC has decided to keep the policy repo rate unchanged at 6.5 per cent.

• 

  Cabinet approves Rs 89,047 crore for 4G, 5G spectrum allocation to BSNL

  June 07, 2023 22:29 IST

  BSNL has been allocated 20 per cent of the work but it will also source technology from the TCS-CDoT-led consortium. The government said that the capex was part of the second package worth Rs 1.64 lakh crore that was approved by the Cabinet in 2022.

• 

  'Should also be a part of their social objective': Jyotiraditya Scindia to airlines on ticket prices

  June 07, 2023 16:19 IST

  Union Civil Aviation Minister Jyotiraditya Scindia's statement comes amid soaring prices of air tickets. He pressed efforts for achieving social objectives.

• 

  Cabinet approves Rs 143 hike in paddy MSP to Rs 2,183 per quintal for 2023-24 | READ details here

  June 07, 2023 15:35 IST

  The Cabinet Committee on Economic Affairs, chaired by PM Narendra Modi, approved the increase in MSP for all mandated Kharif (summer) crops for the 2023-24 crop year.

• 

  Kejriwal's big boost for Delhi's night life: 155 shops to be open 24*7

  June 07, 2023 12:59 IST

  The Chief Minister's Office said in a statement that after getting the Chief Minister's approval, the file has been sent to Lieutenant Governor VK Saxena for final decision.

• 

  Markets climb in early trade on firm global trends; Rupee rises 8 paise against US dollar

  June 07, 2023 11:39 IST

  Stock markets: The 30-share BSE Sensex climbed 235.1 points to 63,027.98. The NSE Nifty advanced 77.05 points to 18,676.05. Meanwhile, the rupee gained 8 paise to 82.52 against the US dollar in early trade on June 7.

• 

  Centre allows 2,000 PACS to open 'Jan Aushadhi Kendras' to push affordable generic drugs | DETAILS

  June 07, 2023 11:05 IST

  Jan Aushadhi Kendra: The move by the Cooperation Ministry holds significance as medicines at these Kendras are available at a 50 to 90% lesser rate in comparison to the branded medicines. Read the article below to know the eligibility criteria for opening Pradhan Mantri Bhartiya Jan Aushadhi Kendra.

• 

  India's Internet economy expected to register six-fold growth to USD 1 trillion by 2030: Report

  June 06, 2023 14:03 IST

  India's Internet economy: The report suggests that the growth will be led by the B2C e-commerce segment, followed by B2B e-commerce, software-as-a-service providers and online media led by over-the-top players.

• 

  World's largest crypto platform Binance charged by US regulator

  June 06, 2023 12:46 IST

  The US' Securities and Exchange Commission (SEC) in a statement on Monday said Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.

• 

  Stock markets: Sensex, Nifty register slump in early trade; Rupee rises 7 paise against dollar

  June 06, 2023 10:31 IST

  Stock markets: The 30-share BSE Sensex declined 72.61 points to 62,714.86, while the NSE Nifty declined 12.15 points to 18,581.70.

• 

  Why commercial real estate is emerging as the best investment option? Details

  June 05, 2023 23:28 IST

  Let's take a look at why commercial real estate is increasingly being viewed as the best investment option in today's market, according to some of the industry's brightest minds.

• 

  RBI Governor Shaktikanta Das launches financial inclusion dashboard Antardrishti

  June 05, 2023 23:13 IST

  Presently, the dashboard is intended for internal use in the RBI, it said, adding it will further facilitate greater financial inclusion through a multi-stakeholder approach.

• 

  Adani Group repays loans worth USD 2.65 bn to complete prepayment programme

  June 05, 2023 20:02 IST

  In a Credit Note released on Monday, Adani Group said it has made a full prepayment of USD 2.15 billion of loans that were taken by pledging shares in the conglomerate's listed firms and also another USD 700 million in loans taken for the acquisition of Ambuja Cement.

• 

  Gems and jewellery player rides high after sub-division, posts revenue at Rs 506 crore

  June 12, 2023 14:47 IST

  The company has posted stellar numbers in the financial year 2022-23 as its revenue jumped more than 900 per cent to Rs 506 crore.