More From Economy
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Russia-Ukraine News: Bitcoin donations soar for Ukrainian army amid war with Russia
February 25, 2022 13:31 ISTPro-Ukraine groups and pro-crypto communities on social media platforms like Twitter and Facebook have also contributed.
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Sensex gains over 1,100 points, Nifty rises more than 350 points to trade above 16,500
February 25, 2022 12:47 ISTOn Thursday, the Sensex crashed over 2,700 points -- its biggest single-day plunge in about two years; and the Nifty nosedived 815 points. The bloodbath on Dalal Street plunged investor wealth by over Rs 13 lakh crore.
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Anand Subramanian, NSE's former top official, arrested by CBI
February 25, 2022 9:50 ISTAnand Subramanian was taken into custody late Thursday night. He was questioned for days in Chennai before the CBI decided to arrest him.
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Sensex tanks over 2,700 points, Nifty slips 815 points to close below 16,250
February 24, 2022 18:21 ISTThe 30-share BSE gauge plunged about 2,850 points during the session before closing at 54,529.91, registering a massive fall of 2,702.15 points or 4.72 percent.
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As Russia attacks Ukraine, gold price surges to highest in a year
February 24, 2022 16:38 ISTOn the Multi Commodity Exchange, gold contracts for the April delivery traded higher by Rs 1,432.00 or 2.84 per cent.
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Moody's ups India's growth forecast to 9.5% for 2022
February 24, 2022 13:25 ISTIn November last year, Moody's had forecast India's economy to expand 7.9 per cent in the 2022-23 fiscal beginning Aptil 1. As per official estimates, Indian economy is estimated to grow at 9.2 per cent in the current fiscal ending March 31.
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Oil prices break USD 100 first time in 8 years as Russia declares war on Ukraine
February 24, 2022 10:31 ISTNotably, oil has soared in recent weeks and on Thursday world benchmark Brent finally broke the USD 100 mark last seen in September 2014.
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Sensex, Nifty fall 3% each as Russia invades Ukraine
February 24, 2022 10:28 ISTAll Sensex constituents were trading with hefty losses, with Airtel, IndusInd Bank, Tech Mahindra and and SBI suffering the most dropping as much as 8 per cent.
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BharatPe sacks Ashneer Grover's wife Madhuri for spending company funds on beauty products, US trips
February 23, 2022 17:10 ISTStock options vested with Madhuri Jain have also been canceled, they said adding the alleged financial irregularities have been detailed in the termination letter.
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Airtel CEO bats for giving out E-bank backhaul spectrum with 5G frequencies
February 23, 2022 16:19 ISTTelecom connectivity programmes are "right" of every citizen and broadband is at the center of the economic momentum of the country, Vittal said pledging Airtel's full commitment to make investments, that are needed, to fulfill the vision of Digital India.
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Trade unions defer bank strike to March 28-29
February 23, 2022 11:32 ISTBank Strike: The trade unions have asked workers to make the strike a massive success and 'save the nation from the destructive, anti-national policy regime'.
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Sri Lanka runs out of cash to buy fuel: Here's how India is helping forex-starved nation
February 22, 2022 14:42 ISTSri Lanka's worsening foreign-exchange shortage has seriously impacted the energy sector, which largely depends on imports for fuel.
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Sensex crashes over 1,000 points, Nifty below 17,000 as Russia-Ukraine crisis worsens
February 22, 2022 10:03 ISTOther Asian bourses on Tuesday followed the overnight Wall Street rout and massive selloffs in European equities triggered by the Russia-Ukraine standoff.
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Tata vs Cyrus Mistry: Supreme Court to hear plea filed by Cyrus Investments in open court on March 9
February 21, 2022 22:25 ISTA three-judge bench of Chief Justice NV Ramana, Justice AS Bopanna, and Justice V Ramasubramanian said the petitions will be heard in open court on March 9.
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Sensex, Nifty suffer 4th straight loss in line with weak global cues
February 21, 2022 22:10 ISTThe Sensex finally ended 149.38 points or 0.26 per cent lower to settle at 57,683.59, while the broader NSE Nifty slipped 69.65 points or 0.40 per cent to 17,206.65.
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MHA to verify background of Air India's new CEO Ilker Ayci
February 21, 2022 10:25 ISTTata Sons last week appointed former chairman of Turkish Airlines Ilker Ayci as the CEO and MD of Air India.
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EPFO mulling new pension scheme for formal workers getting over Rs 15,000 basic wage
February 20, 2022 12:43 ISTAt present, all those employees in the organised sector whose basic wage (basic pay plus dearness allowance) is up to Rs 15,000 per month at the time of joining service are mandatorily covered under EPS-95.
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Co-promoter Gangwal resigns from IndiGo board; will gradually reduce stake in airline over 5 years
February 18, 2022 17:45 ISTRakesh Gangwal has resigned from the board as non-executive, non-independent director in Indigo airlines with immediate effect.
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Honeywell Automation ropes on Thyssenkrupp's Pulkit Goyal as CFO
February 17, 2022 22:18 ISTGoyal is a chartered accountant from the Institute of Chartered Accountants of India and holds a bachelor's degree in commerce from JNV University, Jodhpur.
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Nepal to become first country outside India to adopt UPI-based payment system
February 17, 2022 17:48 ISTNPCI has joined hands with GPS and Manam Infotech to provide UPI services in Nepal. While GPS is the authorised payment system operator, Manam Infotech will deploy UPI.
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I-T dept raids former NSE MD Chitra Ramkrishna
February 17, 2022 15:08 ISTChitra Ramkrishna is in the news after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayan ranges, in the appointment of Anand Subramanian as the exchange's group operating officer and advisor to the managing director (MD).
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CGST Navi Mumbai Commissionerate busts fake IT racket of about Rs 21 cr, 1 arrested
February 17, 2022 11:00 ISTAccording to the CGST Commissionerate, the firm was engaged in availing, utilizing, and passing on a fraudulent Input Tax Credit (ITC) on the bogus invoices of around 100 Crores thereby defrauding the government exchequer.
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ED files money laundering case against ABG Shipyard in bank loan fraud of nearly Rs 23,000 crore
February 16, 2022 23:35 ISTED initiated a money-laundering investigation on the basis of an FIR registered by The Central Bureau of Investigation (CBI).
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Yes Bank founder Rana Kapoor gets bail in Rs 300 crore alleged fraud case
February 16, 2022 17:36 ISTYes Bank founder Rana Kapoor on Wednesday was granted bail by Special PMLA Court, Mumbai in the alleged fraud case of over Rs 300 crores.
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India economy to grow at quickest pace among large nations: Finance Ministry report
February 16, 2022 15:48 ISTObserving that the IMF in its January 2022 update has lowered its global growth estimate for 2022, the report said India is the only large and major country listed by the IMF whose growth projection has been revised upwards in 2022-23.
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How second wave, eCommerce delivered twin blows to offline smartphone retail in 2021
February 15, 2022 19:59 ISTWhile metros recovered fast from the second pandemic wave, overtaking Q1 (Jan-Mar) sales in Q4 (Oct-Dec), both in value and volume, tier 2 and 3 cities lagged behind.
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Lookout circulars issued against directors of ABG Shipyard in nearly Rs 23,000 crore fraud case
February 15, 2022 19:36 ISTThe Central Bureau of Investigation (CBI) recently booked ABG Shipyard Limited, its former chairman and managing director Rishi Kamlesh Agarwal and others for allegedly cheating a consortium of two dozen lenders led by ICICI Bank.
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Sensex zooms over 1,700 pts to reclaim 58K-level; Nifty above 17K
February 15, 2022 19:35 ISTThe 30-share Sensex surged 1,736.21 points or 3.08 per cent to end at 58,142.05 – recouping the losses suffered on Monday. Likewise, the NSE Nifty soared 509.65 points or 3.03 per cent to settle at 17,352.45.
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AAP claims former Delhi minister Satyendar Jain arrested by ACB from his residence
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Tamil Nadu women govt employees to get year-long maternity leave for third child
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Goa govt moves Supreme Court seeking harsher sentence for Tarun Tejpal in 2013 sexual assault case
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Kacha Badam trend fame Anjali Arora to play Goddess Sita in Mahakavya Shri Ramayan Katha
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Is your child growing well for their age? Doctor explains what parents should check
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Why restrictions imposed on use of artificial lights within 27-km radius of Noida airport?
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Tamil Nadu women govt employees to get year-long maternity leave for third child
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Goa govt moves Supreme Court seeking harsher sentence for Tarun Tejpal in 2013 sexual assault case
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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