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  Commercial LPG price cut by Rs 91.5 | CHECK revised rates in your city

  September 01, 2022 11:40 IST

  LPG price update: Prices of domestic cylinders will, however, continue to remain steady.On July 6, prices of domestic liquid petroleum gas cylinders weighing 14.2 kgs were raised by Rs 50 per unit.

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  Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

  September 01, 2022 7:08 IST

  India first imposed windfall profit taxes on July 1, joining a growing number of nations that tax super normal profits of energy companies.

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  Reliance acquires home-grown soft drink brand Campa from Delhi-based Pure Drinks Group, say sources

  August 31, 2022 23:55 IST

  The deal is estimated to be around Rs 22 crore and Reliance Retail Ventures would introduce it to the general trade and local markets around Diwali, said sources close to the development.

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  Indian economy to grow over 7 pc in FY23, says finance secretary

  August 31, 2022 21:11 IST

  Indian economy growth: Allaying concerns of high imports denting the fiscal architecture, he said the government was on course to meet fiscal deficit target of 6.4 per cent of GDP in current fiscal ending March 31, 2023.

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  SpiceJet reports net loss of Rs 789 crore in June quarter

  August 31, 2022 23:50 IST

  SpiceJet Chairman and Managing Director Ajay Singh said the industry has been witnessing one of the most severe operating environment in the recent past which impacted the progress and recovery made in Q3FY2022.

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  Indian economy seeing green shoots! Grows 13.5% in June quarter - fastest in a year

  August 31, 2022 18:27 IST

  GDP Growth: Many analysts had projected the Indian economy will expand at a double-digit growth rate due to the base effect.

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  US Fed rate hike: Rupee to remain under pressure, may test new levels

  August 31, 2022 18:03 IST

  US fed rate hike: The aggressive rate hikes will dampen demand and increase the possibility of a recession in the US. This could accelerate the pace of capital outflows, weaken the rupee and raise the threat of imported inflation.

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  Union Cabinet approves disposal of 15 lakh ton chana at Rs 8/kg discount to states, UTs

  August 31, 2022 13:34 IST

  Union Cabinet has also raised the procurement ceiling under the price support scheme from the existing 25 per cent to 40 per cent for pulses such as tur, urad, and masur.

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  Most Indian banks offer worst customer experiences on their mobile apps: Report

  August 30, 2022 21:46 IST

  Indian banks have a lowest average score in money management capabilities. In fact, no bank scored higher than 60 in this area of mobile banking, according to the latest Q3 2022 report by global research firm Forrester.

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  Rupee spurts 39 paise to nearly 2-week high of 79.52 against dollar

  August 30, 2022 21:06 IST

  Rupee against dollar: The US dollar retreating from the 20-year high levels against a basket of world currencies also supported the local unit. At the interbank forex market, the local unit opened at 79.92 against the greenback.

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  India's data centre industry worth USD 5.6 bn; set to grow further: Report

  August 30, 2022 16:48 IST

  India data centre industry: As per the latest Anarock and Binswanger report 'Under the Lens: India's Data Centre Explosion', over 45 data centres spanning about 13 million square feet and 1,015 MW of IT capacity is planned to come up in India by 2025-end on rising demand amid the Covid pandemic.

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  RBI Monetary Policy for 2022 | All you need to know

  August 30, 2022 12:57 IST

  RBI monetary policy aims to realize the medium-term target of 4 % for consumer price index (CPI) inflation with a range of plus or minus two percent.

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  Rupee rises 7 paise to 79.84 against US dollar in early trade

  August 30, 2022 11:35 IST

  Mumbai: At the interbank foreign exchange, the rupee opened at 79.92 against the American dollar and touched 79.84 in initial deals, registering a gain of 7 paise over the last close.

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  Markets rebound in early trade

  August 30, 2022 11:40 IST

  Mumbai: Sensex pack Bajaj Finserv, Maruti, Tata Steel, NTPC, State Bank of India, and Axis Bank were among the major winners. Bharti Airtel and Dr. Reddy's were the only laggards.

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  Gautam Adani now world's third richest person. Here's his net worth

  August 30, 2022 9:47 IST

  Gautam Adani has a total net worth of USD 137.4 billion and is now just behind Elon Musk and Jeff Bezos.

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  Abhijit Sen, former member of Planning Commission of India passes away

  August 30, 2022 7:05 IST

  Abhijit Sen taught economics at New Delhi’s Jawaharlal Nehru University, and held several important government positions during his career.

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  IKEA responds after customer alleges 'racism' at Hyderabad store says 'deeply regret'

  August 29, 2022 23:32 IST

  The furniture retailer issued a clarification after a customer Nitin Sethi alleged that his wife faced racist treatment at its store in Hyderabad.

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  RBI mulls setting up of fraud registry to check banking frauds

  August 29, 2022 18:50 IST

  Payment system participants will be provided access to this registry for near-real time fraud monitoring. The aggregated fraud data will be published to educate customers on emerging risks.

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  Ambani details succession plan: Meet new bosses of Reliance Retail and Energy, Isha and Anant

  August 29, 2022 16:43 IST

  At the annual shareholders' meeting of Reliance Industries Ltd, he said the robust architecture that he has announced will ensure the firm remains "a unit, well-integrated and secure institution even as it develops existing businesses and adds new growth engines."

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  Antrix Devas deal case: Big win for Govt! Delhi HC sets aside Rs 15,000 cr arbitral award

  August 29, 2022 18:43 IST

  The satellite company has been embroiled in a fight with the Indian government since a contract it had to develop wireless broadband in the country was cancelled in 2011.

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  Jio 5G rollout in metro cities by Diwali, to cover entire country by December 2023

  August 29, 2022 15:18 IST

  Jio 5G rollout: Reliance Jio Chairman Akash Ambani said that the latest version of the 5G services will be called 'standalone 5G'.

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  Rupee falls to all-time low of 80.15 against US dollar in early trade

  August 29, 2022 10:30 IST

  Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.51 per cent higher at 109.35.

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  Adani Group plans to build 1,000-MW data centres in 10 years

  August 28, 2022 13:36 IST

  Data centre capacity is measured in terms of power they consume. According to market research firm Arizton, India's data centre market size stood at 447 MW in 2021, valued at USD 10.9 billion.

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  Zomato integrates grocery delivery via Blinkit on main app in pilot test

  August 27, 2022 23:31 IST

  Zomato news: The pilot test is currently being organised at select circles in Delhi-NCR, and after analysing the response, it will be expanded to other cities as well, according to company sources.

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  India to grow at around 7.4 pc in FY23, continue at same pace next year: FM

  August 26, 2022 21:56 IST

  India fiscal growth: Sitharaman said there are risks on the external front and this is not the right time to throw caution to the wind, and also assured exporters of all the necessary support from the government as they face the headwinds.

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  Rupee rises 6 paise to close at 79.86 against US dollar

  August 26, 2022 19:22 IST

  Mumbai: The rupee appreciated by 6 paise to close at 79.86 (provisional) against the US dollar on Friday, supported by foreign fund inflows and a positive trend in domestic equities. However, higher crude prices in the international markets restricted the rupee's gain, forex dealers said.

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  Sensex, Nifty post slim gains; close lower for the week

  August 26, 2022 17:45 IST

  The BSE Sensex opened firm and soared over 500 points to an intra-day high of 59,321.65, but succumbed to profit-booking towards the end of the session.

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  India-UK trade pact to help boost services exports: SEPC

  August 26, 2022 12:36 IST

  New Delhi: India-UK free trade agreement will help to boost the country's services exports, particularly from the legal, accounting, and auditing sectors, Services Export Promotion Council (SEPC)