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  India's coal import may drop 11% to 186 million tonnes in FY 23

  June 13, 2022 20:11 IST

  India is likely to import 172 million tonnes of coal in 2024-25, 173 million tonnes in 2027-28, and 170 MT in 2029-30 of non-cooking coal. The country imported 215 million tonnes of coal in FY'21 and 249 million tonnes of coal in FY'20, the coal ministry said.

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  Simplilearn to expand its workforce by 800 employees this year

  June 13, 2022 18:19 IST

  The bulk of the hiring has been in the product, tech, and marketing teams: the tech team has tripled from 60 to 200.

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  Retail inflation eases to 7.04% in May from 8-year high of 7.79% in April

  June 13, 2022 18:25 IST

  However, it remained above the RBI's upper tolerance level for the fifth consecutive month, suggested government data.

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  Rupee falls 20 paise to close at record low of 78.13 against US dollar

  June 13, 2022 16:27 IST

  At the interbank foreign exchange market, the local currency opened at 78.20 and witnessed an intra-day high of 78.02 and a low of 78.29 against the US dollar.

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  Tata Steel unveils green investment plan for UK steel tube mill

  June 13, 2022 18:21 IST

  The investment will go into a new slitter which will allow the Hartlepool site to process coils of steel delivered from Tata’s Port Talbot steelmaking site in South Wales.

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  Bears tighten grip: Sensex falls over 1,400 points, Nifty below 15,800; investors lose Rs 6.50L cr

  June 14, 2022 8:33 IST

  Equity benchmarks had another rough day on Monday as Sensex crashed 1,457 points and Nifty tumbled more than 400 points to settle at 15,774.

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  Bloodbath on D-Street: Investors' Rs 6.65 lakh crore wiped out as Sensex, Nifty crash over 2.5% each

  June 14, 2022 8:34 IST

  Sensex and Nifty crashed more than 2.50 per cent each tracking extremely weak global cues. The selloff eroded more than Rs 6.65 lakh crore of wealth.

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  Crypto markets crash: Bitcoin, Ethereum see massive dip in valuation - Here's why

  June 14, 2022 8:31 IST

  Crypto Crash News Update: The global cryptocurrency market cap slipped to $1.04 trillion from $3 trillion around six months ago, according to data on CoinMarketCap on Monday morning.

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  Rupee falls to all-time low of 78.29 against US dollar in early trade

  June 13, 2022 12:30 IST

  At the interbank foreign exchange, the rupee opened at 78.20 against the American dollar, then lost ground to quote at 78.29 -- its record low level, registering a fall of 36 paise from the last close.

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  LIC share price slides below Rs 700 apiece as anchor lock-in ends today

  June 13, 2022 10:25 IST

  LIC share is likely to remain under pressure this week as the lock-in period for anchor investors has ended.

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  Sensex crashes over 1,400 points, Nifty tanks 400 points to trade below 15,800

  June 13, 2022 10:15 IST

  Sensex and Nifty crashed more than 2.50% each tracking weak global markets and unrelenting foreign fund outflows.

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  Tencent buys stake worth USD 264 mn in Flipkart from Binny Bansal

  June 13, 2022 8:29 IST

  Post the transaction, Tencent arm holds 0.72 per stake in Flipkart which is valued at around USD 264 million, as per last valuation of USD 37.6 billion disclosed by the e-commerce firm in July 2021.

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  India all set to protect its interests at 12th WTO ministerial meet in Geneva

  June 12, 2022 18:30 IST

  According to the latest data from the UN Food and Agriculture Organization, fish stocks are at risk of collapsing in many parts of the world due to overexploitation.WTO; India

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  India's power demand touches new high after jumping by 45,000 megawatt in a year

  June 12, 2022 12:36 IST

  Power plants are operating at full throttle to meet the demand, and the govt has ordered coal import to meet the shortfall in domestic supplies.

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  Tesla proposes a '3-for-1' stock split; Larry Ellison to leave Board

  June 11, 2022 13:36 IST

  The company said in late March that was planning to split its stock for the second time in two years. At that time the shares were trading at over $1,000 each.

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  Govt 'concerned' about dip in LIC share price; calls it temporary blip

  June 11, 2022 15:02 IST

  Since the day of listing, LIC shares have remained below the issue price and had touched a low of Rs 708.70 and a high of Rs 920.

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  Investment by hedging: A safe bet to save money amid skyrocketing inflation - EXPLAINED

  June 13, 2022 11:43 IST

  When inflation remains above the tolerance level for a long time, it impacts the value of savings, thus decreasing the purchasing power of the money.

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  US inflation hits 40-year high of 8.6% in May

  June 10, 2022 19:19 IST

  High inflation has also forced the Federal Reserve into what will likely be the fastest series of interest rate hikes in three decades.

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  Sensex crashes over 1,000 points, Nifty survives 16,200; IT, bank stocks drag

  June 10, 2022 17:20 IST

  The 30-share BSE index ended 1,016.84 points or 1.84 per cent lower at 54,303.44. Similarly, the broader NSE Nifty plunged 276.30 points or 1.68 per cent to 16,201.80.

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  Saraf Furniture to hire 500 LGBTQ+ individuals

  June 10, 2022 14:37 IST

  Last year too, the company had announced hiring 250 individuals from the LGBTQ+ community. It hired 234 individuals, of which 198 were retained and are working with the company, it said.

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  Fitch revises India rating outlook to 'Stable' from 'Negative'

  June 10, 2022 14:09 IST

  "The Outlook revision reflects our view that downside risks to medium-term growth have diminished due to India's rapid economic recovery and easing financial sector weaknesses, despite near-term headwinds from the global commodity price shock," the ratings said.

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  Cryptocurrencies pose huge risks to financial stability: RBI Governor

  June 10, 2022 21:05 IST

  Cryptos and other virtual digital assets are unregulated in India and are considered extremely risky.

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  India among top 10 global economies for FDI in 2021: UN report

  June 10, 2022 10:27 IST

  India ranked 7th after the US, China, Hong Kong, Singapore, Canada and Brazil for FDI inflows in 2021.

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  Rupee hits record low of 77.82 against US dollar in early trade

  June 10, 2022 10:18 IST

  The rupee opened weaker against the dollar this Friday tracking the overnight strength of the greenback, said Sriram Iyer, Senior Research Analyst at Reliance Securities.

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  Sensex crashes over 600 points, Nifty below 16,300; Rupee hits record low

  June 10, 2022 10:38 IST

  Equity benchmark Sensex and Nifty declined more than 1 per cent each in early trade on Friday.

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  Markets snap 4-day losing run as Sensex jumps 428 points, Nifty ends above 16,450

  June 09, 2022 16:35 IST

  The 30-share BSE benchmark surged 427.79 points or 0.78 per cent to close at 55,320.28. During the day, the benchmark hit a high of 55,366.84 and a low of 54,507.41.

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  RBI Policy: Now, no OTP needed for auto-debit recurring payments upto Rs 15,000

  June 09, 2022 16:25 IST

  RBI Governor Shaktikanta Das on Wednesday said that the decision is aimed to further augment customer convenience and leverage the benefits available under the framework.

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  UPI payment via credit card: How it will work

  June 09, 2022 11:48 IST

  UPI payment via credit card: Till now, only debit cards connected to savings bank accounts and current accounts are allowed to link up to the UPI platform.