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  Govt clearance must for Chinese nationals' appointment as directors in Indian companies

  June 03, 2022 14:02 IST

  The MHA's latest notification aims to restrict the backdoor entry of Chinese companies or investors into India.

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  Centre to soon come up with framework to check 'service charge' levied by restaurants

  June 03, 2022 7:51 IST

  Department of Consumer Affairs held a meeting on Thursday with restaurant associations and consumer organizations on levy of service charge in hotels and restaurants.

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  Insurance companies can now launch new products without IRDAI approval

  June 02, 2022 17:03 IST

  So far, insurance companies were required to obtain prior approval from IRDAI to launch new insurance products.

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  Sensex jumps 437 points after two-day decline; Nifty reclaims 16,600

  June 02, 2022 16:44 IST

  The 30-share BSE Sensex jumped 436.94 points or 0.79 per cent to settle at 55,818.11. During the day, it gained 510.75 points or 0.92 per cent to 55,891.92. The broader NSE Nifty climbed 105.25 points or 0.64 per cent to finish at 16,628.

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  Vistara fined Rs 10 lakh by DGCA for letting improperly trained pilot land flight at Indore airport

  June 02, 2022 12:10 IST

  DGCA said that Vistara recently had allowed an improperly trained pilot to land an aircraft with passengers on board in Indore.

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  Air India rolls out voluntarily retirement scheme, starts fresh hiring

  June 02, 2022 10:04 IST

  Air India's new voluntarily retirement scheme is a bid by the company to encourage a significant section of its employees to retire. 

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  Salasar Techno Engineering receives orders worth Rs 1,182 cr in FY22

  June 01, 2022 17:50 IST

  New Delhi-based Salasar Techno Engineering carries out engineering, designing, procurement, fabrication, and galvanization work for telecom players.  

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  Markets extend losses for second day to end in red, Nifty below 16,550

  June 01, 2022 17:20 IST

  The 30-share BSE Sensex declined 185.24 points or 0.33 percent to settle at 55,381.17. During the day, it dived 474.98 points or 0.85 percent to 55,091.43 after an initial rally. The broader NSE Nifty dipped 61.80 points or 0.37 percent to finish at 16,522.75.

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  Home loan EMIs to go up as HDFC hikes interest rate; ICICI Bank, PNB increase MCLR

  June 01, 2022 17:12 IST

  The upward revision in interest rates by HDFC, PNB and ICICI Bank follow an off-cycle rate increase by the Reserve Bank in May.

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  Tata Motors sales surge nearly three folds to 76,210 units in May

  June 01, 2022 15:52 IST

  The company's domestic sales increased three folds to 74,755 units from 24,552 units in May 2021, Tata Motors said in a statement. Total passenger vehicle dispatches to dealers more than doubled to 43,341 units as against 15,181 units in the year-ago month. 

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  GST collections at nearly Rs 1.41 lakh crore in May, increase 44% year-on-year

  June 01, 2022 16:13 IST

  GST Collections: This is the fourth time when GST collections crossed Rs 1.40 lakh crore mark since the inception of the tax regime in July 2017 and the third straight month since March 2022.

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  Commercial LPG cylinder price cut by Rs 135 in Centre's big move to fight inflation | Check rates

  June 01, 2022 9:27 IST

  Commercial LPG Price Cut: The decision to reduce the price of 19-kg cooking gas is seen as a big relief to commoners who are facing the brunt of skyrocketing inflation.

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  GDP grew 8.7% in 2021-22 against 6.6% in previous fiscal: Govt

  May 31, 2022 18:22 IST

  India's economy grew by 4.1 per cent in the fourth quarter of 2021-22, pushing up the annual growth rate to 8.7 per cent

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  Markets snap 3-day gaining streak; Sensex slips 359 points, Nifty below 16,600

  May 31, 2022 18:26 IST

  Investors were cautious ahead of release of GDP data, while a jump in crude oil prices also weighed on market sentiment, traders said.

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  India finalising consultation paper on cryptocurrencies: Economic Affairs Secretary

  May 31, 2022 15:47 IST

  Economic Affairs Secretary Ajay Seth said inputs from various stakeholders and institutions, including the World Bank and the IMF, have been incorporated in the consultation paper on cryptocurrencies.

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  Tata Motors to acquire Ford's Sanand plant

  May 31, 2022 10:23 IST

  Ford India had started its plant in Sanand industrial area after signing a state support agreement (SSA) with the Gujarat government in 2011.

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  LIC dividend announced; Q4 profit drops 17 per cent

  May 31, 2022 9:34 IST

  LIC Share Price Today, LIC Dividend News: LIC has announced to pay a dividend of 15 per cent per share to its shareholders. 

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  Sensex, Nifty rally to nearly 4-week highs on gains in IT, oil stocks

  May 30, 2022 17:44 IST

  The 30-share BSE Sensex rallied 1,041.08 points or 1.90 per cent to settle at a four-week high of 55,925.74. During the day, it soared by 1,197.99 points or 2.18 per cent to touch a high of 56,082.65. As many as 26 Sensex stocks ended in the green.  

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  Sensex jumps over 690 points in early trade

  May 30, 2022 10:19 IST

  International oil benchmark Brent crude gained 0.48 per cent to USD 120 per barrel. Foreign institutional investors continued their selling spree as they offloaded shares worth Rs 1,943.10 crore on Friday, as per stock exchange data.

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  US surpasses China as India's biggest trading partner in FY22 at $119.42 billion

  May 29, 2022 21:09 IST

  According to the data of the commerce ministry, in 2021-22, the bilateral trade between the US and India stood at USD 119.42 billion as against USD 80.51 billion in 2020-21.

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  Reliance spends Rs 1,185 cr on corporate social responsibility in FY22

  May 29, 2022 13:44 IST

  Detailing its pandemic response, the report said over 8.5 crore free meals were distributed to frontline workers and vulnerable communities. Reliance produced 1,000 tonne of oxygen every day during the second wave and provided it free to states for over 1 lakh patients. 

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  Adani Green switches on India’s first hybrid power plant

  May 28, 2022 14:32 IST

  The new plant has a Power Purchase Agreement with Solar Energy Corporation of India with tariff at Rs 2.69 per kWh, well below the Average Power Procurement Cost at national level, delivering access to affordable, modern, and clean energy to all.

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  How falling Rupee affects economy and a common man's pocket - EXPLAINED

  May 28, 2022 10:38 IST

  Rupee Vs Dollar: Like other markets, the money market too works on the basis of demand and supply; thereby, if the demand for the dollar gets high, the rupee depreciates and that is the basic working methodology of the floating exchange rate.

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  RBI looking at 'pros and cons' ahead of digital currency launch

  May 27, 2022 17:39 IST

  The introduction of CBDC (Central Bank Digital Currency) was announced in the Union Budget 2022-23 and an appropriate amendment to the RBI Act, 1934 has been included in the Finance Bill, 2022, RBI said in its annual report for 2021-22 released on Friday. 

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  Sensex, Nifty rally over 1% amid firm global trends

  May 27, 2022 19:38 IST

  The 30-share BSE Sensex rallied 632.13 points or 1.17 per cent to settle at 54,884.66. During the day, the benchmark zoomed 684.1 points or 1.26 per cent to 54,936.63.

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  Loan against securities: Get loan up to Rs 5 crore against your shares - Know how

  May 28, 2022 11:40 IST

  Loan Against Shares: To get loan, stock market investors would require to simply pledge their dematerialised shares online which is facilitated by securities depository National Securities Depository Limited (NSDL).

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  Yes Bank-DHFL scam case: CBI arrests ABIL group chairman Avinash Bhosale

  May 26, 2022 23:25 IST

  The CBI has now arrested Bhosale in a 2020 case against Kapoor and Wadhawan among others for alleged corruption. The CBI had recently arrested Sanjay Chhabria of Radius Developers in the case.

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  HDFC Bank merger with HDFC takes April deal volume to record high of $46.3 bn: Report

  May 26, 2022 20:51 IST

  On the merger and acquisition front, there were 45 deals worth USD 42.73 billion, which was a 676 per cent jump in the activity by values.