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  Sensex, Nifty open 0.5% lower; IT, FMCG stocks drag

  June 09, 2022 10:21 IST

  The 30-share BSE gauge was trading 277.91 points or 0.51 per cent lower at 54,614.58 in early trade. Likewise, the Nifty declined 76.40 points or 0.47 per cent to 16,279.85.

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  Sensex falls 215 points in volatile trade after RBI's rate hike; Nifty below 16,400

  June 08, 2022 16:45 IST

  The 30-share BSE benchmark dropped 214.85 points or 0.39 per cent to settle at 54,892.49. The broader NSE Nifty declined 60.10 points or 0.37 per cent to finish at 16,356.25.

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  Modi govt hikes MSP on paddy by Rs 100 to Rs 2,040 per quintal

  June 08, 2022 17:38 IST

  The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the increase in MSP for all mandated Kharif (summer) crops for the 2022-23 crop year.

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  RBI rate hike to burn bigger hole in aam aadmi's pocket: How much your EMI will increase - Details

  June 08, 2022 19:07 IST

  RBI's decision to hike the repo rate sets the stage clear for banks, housing finance companies and other lenders to hike the interest rate on all kinds of loans including home and auto.

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  Will ensure availability of adequate liquidity for productive requirements of economy: RBI Governor

  June 08, 2022 13:00 IST

  RBI will remain focused on orderly completion of the government's borrowing programme.

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  RBI allows credit cards to be linked with UPI platform

  June 08, 2022 12:36 IST

  UPI has become the most inclusive mode of payment in India, with over 26 crore unique users and 5 crore merchants onboarded on the platform, RBI Governor Shaktikanta Das said.

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  RBI raises inflation forecast to 6.7% for 2022-2023

  June 08, 2022 12:06 IST

  RBI Governor Shaktikanta Das said the upside risk to inflation persists and the recent spike in tomato prices would fuel food inflation.

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  RBI hikes repo rate by 50 basis points to 4.90% to tame inflation; EMIs set to go up

  June 10, 2022 17:37 IST

  RBI's decision to raise the interest rate is aimed at doubling down the fight to contain inflation that has surged in the last couple of months.

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  World Bank slashes India's GDP growth forecast to 7.5% for FY23

  June 07, 2022 21:44 IST

  In April, the World Bank had trimmed the forecast from 8.7 per cent to 8 per cent and now it is projected at 7.5 per cent. The GDP growth compares to an 8.7 per cent expansion in the previous 2021-22 fiscal.

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  RBI likely to raise interest rate tomorrow

  June 07, 2022 20:45 IST

  The Consumer Price Index (CPI) based inflation, which RBI factors in while arriving at its monetary policy, is on the rise since October 2021. 

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  Vikas Lifecare raised Rs 50 crore via QIP from Forbes EMF, Nomura & AG Dynamic

  June 07, 2022 19:13 IST

  The issue price of Rs 4 per equity share is at a discount of Rs 0.10 or 4.52 per cent to the floor price of Rs 4.20, determined according to the SEBI's regulatory formulation. 

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  LIC share price continues to spiral down, investors lose Rs 1.23 lakh crore. Should you buy?

  June 07, 2022 18:40 IST

  LIC shareholders have lost around Rs 1,23,686 crore since its listing on May 17. The scrip is trading 20% lower than the IPO issue price.

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  HDFC Bank hikes lending rates by 0.35%; second hike in two months

  June 07, 2022 19:01 IST

  HDFC Bank increased its Marginal Cost of funding based on the Lending Rate by 0.35 per cent from June 7, as per the new rate structure published on its website.

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  I-T portal marred with another glitch on first anniversary; Infosys asked to fix issue

  June 07, 2022 15:38 IST

  Infosys has confirmed the glitch on the e-filing portal and assured resolving the issue on priority.

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  Will RBI go for another repo rate hike to beat inflation? Experts speak

  June 07, 2022 13:54 IST

  RBI had in May hiked the repo rate by 40 basis points (bps) to 4.40 per cent amidst rising inflation concerns. This was the first hike after August 2018.

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  Sensex tanks over 500 points, Nifty below 16,450 in early trade

  June 07, 2022 10:25 IST

  The 30-share BSE Sensex was trading 559.46 points lower at 55,115.86. The broader NSE Nifty fell by 161.05 points to 16,408.50.

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  EPFO mulls increasing equity exposure limit to 25% days after cut in interest rate

  June 07, 2022 8:58 IST

  EPF Interest Rate: It was in 2015 when the EPFO was first allowed to start investing in equities, but with a limit.

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  Elon Musk threatens to walk away from Twitter deal, accuses company of 'hiding data'

  June 06, 2022 23:58 IST

  Musk has repeatedly asked for the information on the company's 'spam bots' since May 9, about a month after his offer to buy the company, so he could evaluate how many of the company's 229 million accounts are fake.

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  LIC continues to disappoint investors, share price hits new low since market debut

  June 06, 2022 19:18 IST

  LIC share price crashed nearly 3% on NSE and BSE each to close below Rs 800 on Monday.

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  Sensex falls 94 points to close at 55,675; Nifty ends below 16,600

  June 06, 2022 16:45 IST

  The 30-share BSE Sensex declined 93.91 points or 0.17 per cent to end at 55,675.32. During the day, it tanked 473.49 points or 0.84 per cent to 55,295.74. The broader NSE Nifty fell 14.75 points or 0.09 per cent to finish at 16,569.55.

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  Disney hires ex-Apple executive to launch metaverse ambitions

  June 05, 2022 23:46 IST

  Mark Bozon was hired by Mike White, senior VP of Next Generation Storytelling and Consumer Experiences.

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  Another rate hike on cards, say experts ahead of RBI's MPC meeting

  June 05, 2022 14:31 IST

  The retail inflation, which RBI factors in while arriving at its monetary policy, galloped for a seventh straight month to touch an 8-year high of 7.79 per cent in April, mainly on account of surging commodity prices.

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  EPF still top scorer despite cut in interest rate to 40-year low - 5 Reasons

  June 05, 2022 11:24 IST

  EPF Interest Rate: Contributions towards EPF accounts are done by the employee and the employer as well. The employer deposits the amount into the EPF account of employees directly on a monthly basis.

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  Service charge issue: Govt's new move may reduce your food bills | Here's how

  June 04, 2022 11:10 IST

  Food and Consumer Affairs Minister Piyush Goyal on Friday asserted that restaurants cannot add 'service charge' to the food bills, though customers at their discretion can give "tips" separately.

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  Govt approves 8.1% EPF interest rate for 2021-22, lowest since 1977-78

  June 03, 2022 19:31 IST

  Earlier in March this year, the Employees' Provident Fund Organisation (EPFO) had decided to lower the interest on provident fund deposits for 2021-22 to 8.1 per cent from 8.5 per cent provided in 2020-21.

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  Tata Projects to construct Noida International Airport at Jewar

  June 03, 2022 20:46 IST

  As part of the contract, Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport.

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  'Super bad feeling about economy': Musk says Tesla needs to cut 10% staff

  June 03, 2022 15:33 IST

  According to Tesla's annual SEC filing, the company employed around 1,00,000 people at the end of 2021.

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  Aether Industries shares hit upper circuit after listing at 10% premium

  June 03, 2022 13:40 IST

  Aether Industries Share Price: The scrip made a handsome debut on the NSE and BSE by delivering a 10 per cent return over the IPO issue price.