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  Cyrus Mistry dies at 54: Maharashtra Deputy CM Fadnavis orders probe into fatal accident

  September 04, 2022 18:29 IST

  Cyrus Mistry killed in road accident: Fadnavis said he was shocked and deeply pained to know about the demise of Mistry (54) in the unfortunate accident near Palghar adjoining Mumbai.

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  Cyrus Mistry, former Tata Sons chairman, killed in road accident near Mumbai

  September 04, 2022 22:52 IST

  Cyrus Mistry dies in car accident: Mistry was traveling from Ahmedabad to Mumbai when his car hit the divider. There were four people in the car out of which two succumbed to injuries. The other two have been admitted to a local hospital in Kasa.

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  Automakers maneuvering with different gears to shift towards Electric vehicles

  September 04, 2022 13:07 IST

  In India, it is mainly the battery electric vehicles (BEVs) and hybrids which are being rolled out by the leading automakers.

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  India set to become 3rd largest economy by 2030, say experts

  September 04, 2022 8:01 IST

  Indian economy news: "India is moving up the power scale and according to my earlier forecast by 2028-2030, we will become the third largest economy in the world," said Arvind Virmani, Former Chief Economic Advisor.

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  ED raids offices of Razorpay, Paytm, Cashfree in Chinese loan apps case

  September 03, 2022 15:31 IST

  ED, the federal probe agency said it has seized Rs 17 crore worth funds kept in "merchant IDs and bank accounts of these Chinese persons-controlled entities", during the raids.

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  Hotels, homestays nearly full as north Bengal braces for 'revenge travel' during Durga Puja

  September 03, 2022 14:40 IST

  The Northeast Frontier Railway has also decided to operate four new toy train joy rides in Darjeeling during the festive season. The rides will run between Darjeeling and Ghum from October 1.

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  India beats UK to become world's fifth largest economy

  September 03, 2022 9:02 IST

  India world's fifth largest economy: The report stated that the size of the Indian economy in 'nominal' cash terms in the March quarter was $854.7 billion.

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  Markets end flat after choppy day; Sensex ends at 58,803, Nifty at 17,539

  September 02, 2022 17:48 IST

  The BSE Sensex oscillated between gains and losses throughout the session after finally settling 36.74 points or 0.06 per cent higher at 58,803.33 while Nifty dropped 3.35 points or 0.02 per cent ending at 17,539.45.

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  Markets rebound in early trade

  September 02, 2022 11:52 IST

  NTPC, ITC, Bajaj Finance, Kotak Mahindra Bank, Larsen & Toubro, Titan, Mahindra & Mahindra, and Asian Paints were among the gainers in early trade.

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  Starbucks names Indian-origin Laxman Narasimhan as new CEO

  September 02, 2022 9:54 IST

  Laxman Narasimhan, 55 was previously the CEO of UK-based Reckitt Benckiser, a multinational consumer health, hygiene and nutrition company.

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  UPI records 657 crore transactions worth Rs 10.72 lakh crore in August

  September 01, 2022 17:45 IST

  The growth in UPI volumes is up almost 100 percent (year-on-year) and amounts transacted grew by 75 percent YoY in the month of August.

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  Sensex, Nifty fall over 1% amid weak global trends

  September 01, 2022 16:57 IST

  The BSE Sensex fell 770.48 points or 1.29 percent to settle at 58,766.59. During the day, it tanked 1,014.5 points or 1.70 percent to 58,522.57. Similarly, the NSE Nifty declined 216.50 points or 1.22 percent to close at 17,542.80.

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  Moody's slashes India's economic growth forecast to 7.7% for 2022

  September 01, 2022 13:43 IST

  Business news updates: This is a sharp 1.1 percentage points cut from the growth projection of 8.8 per cent for current year made in May by Moody's.

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  India's air traffic to grow nearly 7 pc through 2040: Boeing

  September 01, 2022 12:56 IST

  The projection is based on an over 20-year horizon and the growth could be much higher in the near-term.

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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.