More From Economy
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Pakistan likely to remain on FATF’s grey list for four more months: Report
March 04, 2022 17:38 ISTPakistan has been on the grey list of the Paris-based Financial Action Task Force (FATF) since June 2018 for failing to check money laundering, leading to terror financing, and was given a plan of action to complete it by October 2019.
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Investors lose over Rs 4 lakh crore as Sensex, Nifty nosedive amid Russia-Ukraine war
March 04, 2022 11:51 ISTContinuing its decline for the second day, the BSE gauge plummeted 1,148.05 points or 2 per cent to 53,954.63.
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Sensex, Nifty surrender early gains as boiling oil plays spoilsport; IT stocks stand tall
March 03, 2022 17:38 ISTCrude oil prices ratcheted up towards the USD 120 per barrel mark on fears of supply disruptions as western nations tightened sanctions on Russia, which accounts for around 10 per cent of global oil output.
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Russia Ukraine War fallout: Get ready for steep hike in petrol, diesel prices
March 03, 2022 12:44 ISTThe basket of crude oil India buys rose above USD 102 per barrel on March 1, the highest since August 2014. This compares to an average of USD 81.5 per barrel price of the Indian basket of crude oil at the time of freezing of petrol and diesel prices in early November last year.
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LIC IPO launch update: Govt may defer due to Russia-Ukraine crisis, wait for opportune time
March 02, 2022 19:31 ISTFinance Minister Nirmala Sitharaman too had indicated review of the IPO in view of the evolving geopolitical situation. "Ideally, I would like to go ahead with it because we had planned it for some time based purely on Indian considerations," Sitharaman had said in an interview with the Hindu Business Line.
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Tourism sector upset over extension of ban on international flights, over 10 lakh jobs at risk
March 02, 2022 17:24 ISTSpeaking to India TV, Subhash Goyal, President of STIC Travel Group and Confederation of Tourism Professionals said that this decision by the Civil Aviation Ministry could be 'fatal' in the tourism and travel department, as about 10 lakh more people working in this industry may have to lose their jobs.
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BharatPe removes Ashneer Grover from all positions over misappropriation of company funds
March 02, 2022 12:38 ISTIn an emotionally-charged letter addressed to the Board of Directors, Ashneer on Tuesday said that while they will not find a single act of impropriety against him, "I will not be participating in your charade".
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Buying properties, house will now cost more as Delhi govt mulls increase in circle rates
March 02, 2022 12:03 ISTCurrently, a proposal for a change in circle rate has been sent to the Delhi Revenue Minister. Later, it would be placed before the Delhi cabinet for approval.
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Sensex tumbles over 900 points, Nifty slips below 16,600
March 02, 2022 11:45 ISTIn Asia, bourses in Tokyo, Hong Kong, Seoul and Shanghai were trading with deep losses in mid-session deals. Stock exchanges in the US finished sharply lower in the overnight session.
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Russia-Ukraine War: Crude oil price rises to $108/per barrel, highest since 2014
March 02, 2022 10:01 ISTBenchmark U.S. crude rose USD 5.24 per barrel to USD 108.60 in electronic trading on the New York Mercantile Exchange. Brent crude, the international price standard, gained USD 5.43 to USD 110.40 per barrel in London.
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PNB to make high-value cheque verification system mandatory from April 4
March 02, 2022 9:30 ISTThe system, developed by the National Payments Corporation of India (NPCI), mandates a customer issuing the high-value cheque to reconfirm some essential details which are cross-checked while presenting the cheque in clearing before payment.
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Reliance Retail Ventures Limited joins hands with Abraham & Thakore
March 01, 2022 19:29 ISTRRVL seeks to leverage its subsidiary Reliance Brands Limited's (RBL) deep understanding of the affluent Indian customer and their heft across digital, retail operations, marketing, and supply chain platforms, to build brand Abraham & Thakore’s global appeal in the fashion and lifestyle category.
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18% of super-rich Indians invested in cryptocurrencies, NFTs last year: Report
March 01, 2022 19:09 ISTIn its Wealth Report, Knight Frank stated that 18 percent of global UHNWIs now own cryptocurrencies or tokens, and 11 percent have invested in NFTs (non-fungible tokens).
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GST collection up 18% at over Rs 1.33 lakh crore in February
March 01, 2022 14:12 ISTThe gross GST revenue collected in February 2022 is Rs 1,33,026 crore of which Central GST is Rs 24,435 crore, State GST is Rs 30,779 crore, Integrated GST is Rs 67,471 crore (including Rs 33,837 crore collected on import of goods) and cess is Rs 10,340 crore (including Rs 638 crore collected on import of goods).
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Ilker Ayci declines Tata Group's offer to be CEO & MD of Air India: Sources
March 01, 2022 16:02 ISTOn February 14, Tata Sons had announced the appointment of Ayci, former chairman of Turkish Airlines, as the Chief Executive Officer and Managing Director of Air India.
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Ashneer Grover quits as BharatPe MD soon after getting board meeting agenda
March 01, 2022 12:17 ISTIn an emotionally-charged letter addressed to the Board of Directors, Ashneer said that while they will not find a single act of impropriety against him, "I will not be participating in your charade".
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Parag Milk Foods hikes milk prices by Rs 2 per litre
March 01, 2022 11:50 ISTParag Milk Foods Chairman Devendra Shah said: “This price hike is being done after almost 3 years due to rise in costs of energy, packaging, logistics and cattle feed that has led to an increase in the overall cost of operation and milk production".
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Commercial LPG cylinder prices hiked by Rs 105. Check new rates
March 01, 2022 7:12 ISTLPG Cylinder rate is revised monthly for all the states and union territories in India.
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Gold rate today: Prices surge by Rs 429 to Rs 50,577 per 10 grams
February 28, 2022 20:32 ISTSilver also zoomed by Rs 775 to Rs 65,557 per kg on industrial demand, from Rs 64,812 per kg earlier.
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Centre's fiscal deficit touches 58.9 percent of full year target at end-January
February 28, 2022 18:59 ISTThe fiscal deficit was 66.8 percent of the Revised Estimate (RE) of 2020-21 during the corresponding period of the last fiscal.
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India's GDP grows 5.4 pc in Q3; remains world's fastest growing major economy
February 28, 2022 19:15 ISTThe gross domestic product (GDP) had expanded by 0.7 per cent in the corresponding period of 2020-21, according to the data released by the National Statistical Office (NSO).
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Govt appoints former Sebi member Madhabi Puri Buch as chairperson
February 28, 2022 15:30 ISTThis is the first time that a woman will be heading the capital market regulator.
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Govt signs Rs 1,075 cr contract with BEL for retro-modification of Commander Sight for T-90 tanks
February 28, 2022 16:59 ISTThe successful indigenous development of Thermal Imager-based Commander Sight, jointly by IRDE, DRDO and BEL, with improved performance than its predecessor provides a further boost to the 'Make in India' initiative of the Government of India
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Bank Holidays March 2022: Banks to remain closed for up to 13 days next month | Full list
February 28, 2022 12:45 ISTThe RBI’s list of holidays falls into three categories. These are state-wise celebrations, religious holidays and festival celebrations.
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Ashneer Grover loses arbitration against governance review at BharatPe
February 27, 2022 21:43 ISTAshneer Grover, who last month went on a two-month leave of absence following allegations of using abusive language against Kotak Mahindra Bank staff and fraudulent practices, had filed an arbitration plea with the Singapore International Arbitration Centre (SIAC) claiming the company's investigation against him was illegal.
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Cabinet allows up to 20% FDI in IPO-bound LIC: Sources
February 26, 2022 20:29 ISTThe decision in this regard was taken by the Union Cabinet, chaired by Prime Minister Narendra Modi. The government has approved listing of shares of LIC on the stock market through an IPO by part-sale of its stake in the insurer and raising fresh equity capital.
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How to choose right stocks to optimize returns from share market
February 25, 2022 17:25 ISTIt is always advisable to invest in Bootstrapping manner in quality stocks where investors park a certain amount on every fall and take the advantage of tentative fall.
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Sensex, Nifty rebound over 2% each tracking recovery in global peers
February 25, 2022 16:59 ISTSnapping their seven-day losing streak, the BSE Sensex climbed 1,328.61 points or 2.44 per cent to settle at 55,858.52, while the NSE Nifty went soared 410.45 points or 2.53 per cent to 16,658.40.
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Satyendar Jain, former Delhi minister, arrested by ACB in Delhi Jal Board scam case; 5 others held
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Four-tier paper checking system, CISF security: Centre makes big NTA overhaul after NEET row
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Trump posts map labelling Strait of Hormuz 'new US territory' as Iran says waterway to remain shut
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Madonna leads MTV VMAs 2026 nominations with 11 nods, Taylor Swift close behind with nine
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Batwara 1947 crosses Rs 30 cr after a modest opening; how much Sunny Deol's film earned on Day 5
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Back-to-back video calls leaving you exhausted? Here's why your brain needs a break
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Aaj Ki Baat: Imran Khan shifted to hospital, what will become of Shahbaz and Munir?
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Two girls injured after giant ride breaks down at fair in Lucknow
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Speed News: BJP names Vinod Tawde UP in-charge, Poonia for Punjab
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Massive crocodile enters Goa home, residents rush indoors as panicked stray dogs bark
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Biker narrowly escapes massive landslide in West Bengal's Kalimpong
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Punjabi musician sticks phone outside moving train to film himself singing, disappears from frame
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Goa man loses his clogs among hundreds of pairs outside Mahakal Temple, ChatGPT helps him spot them
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Indian professional reveals how his net worth jumped from Rs 1 crore to Rs 7.5 crore in 3 years