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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)

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  Rupee falls 7 paise to close at 79.93 against US dollar

  August 25, 2022 17:43 IST

  Mumbai: At the interbank foreign exchange market, the domestic currency opened at 79.80 per dollar. It hovered in a range of 79.80 to 79.93 during the session. The domestic unit finally settled at 79.93, down 7 paise over its previous close of 79.86.

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  Sensex snaps two-day rising streak on fag-end sell-off; IT, finance stocks weigh

  August 25, 2022 17:30 IST

  The 30-share BSE Sensex suddenly came under selling pressure towards the fag-end, tumbling 310.71 points or 0.53 percent to settle at 58,774.72. Similarly, the broader NSE Nifty dropped 82.50 points or 0.47 percent to 17,522.45.

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  Companies, banks to raise up to Rs 3,200 crore via bonds today

  August 25, 2022 13:39 IST

  Business news: As per data, Canara Bank will raise Rs 2,000 crore, which includes Rs 1,000 crore via Basel-III Tier-II bonds, Kotak Mahindra prime Ltd will raise Rs 300 crore and Rs 175 crore via 35-month-25-day and 47-month-25-day, respectively.

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  Bharti Telecom to buy 3.33 per cent Airtel stake from Singtel for Rs 12,895 crore

  August 25, 2022 8:28 IST

  Bharti Group chairman Sunil Bharti Mittal's family and Singtel own Bharti Telecom (BTL).

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  RBI lifts restrictions on American Express; allows onboarding new domestic customers

  August 24, 2022 21:25 IST

  RBi had imposed curbs on American Express Banking Corp for being non-compliant with the directions on Storage of Payment System Data effective May 1, 2021.

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  Rupee slips 2 paise to close at 79.85 against US dollar

  August 24, 2022 17:41 IST

  At the interbank foreign exchange market, the domestic currency opened at 79.84 per dollar. It hovered in a range of 79.68 to 79.87 during the session.

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  Markets settle with modest gains in highly volatile trade; Sensex ends at 59,085, Nifty at 17,604

  August 24, 2022 16:29 IST

  Market news: The 30-share BSE Sensex climbed 54.13 points to settle at 59,085.43. Similarly, the broader NSE Nifty went up by 27.45 points or 0.16 percent to 17,604.95.

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  Vistara to start Mumbai-Abu Dhabi direct flights from Oct 1

  August 24, 2022 13:59 IST

  Full-service carrier Vistara will start daily non-stop flights between Mumbai and Abu Dhabi from October 1. The airline, a joint venture between Tata group and Singapore Airlines, will use the A320 neo aircraft for the services.

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  GDP growth projected to spike to four-quarter high 13.0 per cent in Q1 FY2023, says ICRA

  August 24, 2022 13:17 IST

  Business news: ICRA expects the sectoral growth in Q1 FY2023 to be driven by the services sector (+17-19 per cent; +5.5 per cent in Q4 FY2022), followed by the industry (+9-11 per cent; +1.3 per cent).

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  Escalation of geopolitical tensions biggest risk to India's growth outlook: Jayanth Varma

  August 24, 2022 16:18 IST

  Varma, in an interview to PTI, said that inflation and inflationary expectations appear to be moderating and high inflation will certainly not become the 'norm' in the country.

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  Markets fall after early gains tracking weak global equities

  August 24, 2022 16:22 IST

  Both the benchmark indices were trading lower, with the Sensex falling 146.56 points to 58,884.74 and the Nifty declining by 43.95 points to 17,533.55.

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  Rupee falls 4 paise to 79.87 against US dollar in early trade

  August 24, 2022 16:26 IST

  At the interbank foreign exchange, the rupee opened at 79.84 against the dollar, then fell to 79.87, registering a decline of 4 paise over the last close.

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  Sensex, Nifty snap two-day fall as bank, auto shares shine

  August 23, 2022 16:23 IST

  The 30-share BSE Sensex climbed 257.43 points or 0.44 percent to settle at 59,031.30. During the day, it hit a high of 59,199.11 and a low of 58,172.48. The broader NSE Nifty advanced 86.80 points or 0.50 percent to 17,577.50.

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  Rupee falls 4 paise to close at 79.88 against US dollar

  August 23, 2022 16:30 IST

  At the interbank foreign exchange market, the local currency opened at 79.85 and saw an intra-day high of 79.81 and a low of 79.90 against the American currency. It finally ended at 79.88, down 4 paise over its previous close.