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  Budget 2022: Govt may hike agri credit target to about Rs 18 lakh cr

  January 02, 2022 13:50 IST

  The government has been increasing the credit target for the farm sector every year and this time also, the target is likely to be increased to Rs 18-18.5 lakh crore for 2022-23, the sources said.

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  Tata Motors reports 50 pc jump in PV sales to 35,299 units in December

  January 02, 2022 13:08 IST

  The company had sold a total of 23,545 units in the same month a year ago, Tata Motors said in a regulatory filing.

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  New Year gift for Mumbaikars: No property tax on houses measuring up to 500 sqft

  January 01, 2022 19:47 IST

  The decision was announced after a meeting of the Ministry of Urban Development which was led by Maharashtra Chief Minister Uddhav Thackeray.

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  Bank Holidays 2022: Banks to remain close on THESE days from January to December - Check full list

  January 01, 2022 13:57 IST

  The bank holidays are listed by the state government, central government, and the union territories under the Negotiable Instruments Act, 1881.

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  Commercial LPG cylinder prices slashed by Rs 102.50 | Check revised rate

  January 01, 2022 11:01 IST

  Last month on December 1, prices of 19 Kg LPG cylinders were increased by Rs 100 bringing the prices of 19 kg commercial cylinders to Rs 2,101 in Delhi

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  New bank locker rules to EPF nomination: 4 Money-related changes that will kick in from today

  January 01, 2022 9:52 IST

  Many money-related developments are expected from January 2022. From ATM fees becoming costlier to new guidelines on bank lockers. Here are some key regulatory and operational changes that are likely to come into effect from 2022.

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  Recap 2021: Sensex highlights of the year

  December 31, 2021 21:26 IST

  The yearly gain of the index is 10,502.49 points or 21.99 percent.

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  No proposal to extend last date for ITR filing: Govt

  December 31, 2021 17:52 IST

  The government on Friday said there is no proposal to extend the deadline for filing income tax returns beyond its current deadline of December 31.

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  Yearender 2021: Air India's acquisition by Tata Group to buzzing IPOs - Top 5 business news of year

  December 31, 2021 15:13 IST

  Amid coronavirus- triggered pandemic, the year 2021 also witnessed public issues by internet companies such as Paytm, Zomato, Nykaa, Policybazaar, among others. Besides IPOs, Tata Sons acquiring Air India, a bill seeking to ban all private cryptocurrencies were among the top business news that created a buzz in 2021.

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  GST Council defers implementation of tax rate hike on textiles

  December 31, 2021 15:26 IST

  The 46th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided to deliberate on the issue further in its next meeting.

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  Delhi: Finance Minister Nirmala Sitharaman chairs 46th GST Council meeting

  December 31, 2021 13:29 IST

  GST Council meet holds importance ahead of Union Budget which is presented on 1st day of February by Finance Minister in Parliament.

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  PM Modi to release Rs 20,000 cr to more than 10 crore beneficiaries under PM-KISAN on January 1

  December 30, 2021 12:26 IST

  Under the PM-KISAN scheme, a financial benefit of Rs 6,000 per year is provided to the eligible beneficiary farmer families, payable in three equal 4-monthly instalments of Rs 2000 each.

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  Private cryptocurrencies pose risk, prone to frauds, illegal acts: RBI report

  December 30, 2021 13:54 IST

  As per the cryptocurrencies pose immediate risks of frauds, to anti-money-laundering efforts, and fight aginst terror financing.

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  GST Council meet on Dec 31, rate rationalisation on agenda

  December 29, 2021 20:44 IST

  The 46th GST Council meeting will be held on December 31 in Delhi, an official said, adding that it will be an extension to the pre-budget meeting with state finance ministers on December 30.

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  Economy regaining strength but Omicron haunts future, says RBI

  December 29, 2021 18:44 IST

  Quoting the stress tests on banks, the governor has also warned that gross NPAs may jump to 8.1-9.5 per cent by September 2022 from 6.9 per cent in September 2021.

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  Mukesh Ambani talks of leadership transition at Reliance; wants to accelerate process

  December 29, 2021 8:51 IST

  Reliance now has three verticals -- energy business comprising of oil refineries at Jamnagar in Gujarat, petrochemicals plants and new energy factories, the retail business made up of physical stores and online e-commerce unit in JioMart, and telecom and digital business housed in Jio.

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  Sensex, Nifty race to over 1-week high amid global stock rally

  December 28, 2021 17:13 IST

  Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul and Tokyo ended on a positive note. Stock exchanges in Europe were also largely trading with gains in mid-session deals.

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  Bharti Airtel, TCS partner for 5G-based remote robotic operations

  December 28, 2021 10:59 IST

  In June, Airtel and TCS had announced a strategic partnership for implementing 5G network solutions for India.

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  Sensex ends 296 pts higher; Nifty tops 17,050

  December 27, 2021 16:07 IST

  After rebounding over 960 points from the day’s low during the session, the 30-share index settled 295.93 points or 0.52 per cent higher at 57,420.24. Similarly, the Nifty recovered 82.50 points or 0.49 per cent to 17,086.25.

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  RBI says RBL Bank's financial position 'satisfactory'; assures depositors, stakeholders

  December 27, 2021 13:40 IST

  The statement from the RBI comes amid RBL Bank's Vishawvir Ahuja stepping down as MD & CEO of the bank, and the lender appointing Rajeev Ahuja as the interim Managing Director and Chief Executive Officer of the bank with immediate effect.  

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  Sensex drops 191 pts; Nifty ends near 17,000 level

  December 24, 2021 18:53 IST

  After a choppy session, the 30-share index ended 190.97 points or 0.33 per cent lower at 57,124.31. Similarly, the NSE Nifty declined 68.85 points or 0.40 per cent to 17,003.75.

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  RBI imposes Rs 1 crore penalty on One Mobikwik Systems, Spice Money

  December 23, 2021 20:25 IST

  The central bank said it observed that the two entities had not complied with the directions issued by the RBI on networth requirement for Bharat Bill Payment Operating Units (BBPOUs).  

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  Zee Entertainment, Sony Pictures Networks India sign definitive agreements for merger

  December 22, 2021 17:58 IST

  In a joint statement, the two companies said they have "signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries".

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  Nirmala Sitharaman to hold pre-budget consultations with prominent economists

  December 22, 2021 8:46 IST

  The General Budget is presented by the Finance Minister every year in Parliament on Feb 1.

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  Used car buying, selling platform Spinny announces $12 mn ESOP buyback for current, ex-employees

  December 21, 2021 16:06 IST

  Recently, the company announced the closure of $283 million series e-funding round from global investors - Abu Dhabi-based ADQ, Tiger Global, Avenir Growth, Feroz Dewan’s Arena Holdings - and strategic investor - Sachin Tendulkar -- Indian cricket legend.

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  Zepto, 10-minute grocery delivery app, raises $100 million

  December 21, 2021 11:49 IST

  Over the past two months, Zepto has expanded beyond Mumbai by launching in Bengaluru, Delhi, Gurgaon, Chennai, Hyderabad and Pune (Kolkata to follow), the company said in a statement.

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  Sensex crashes 1,190 pts as Omicron threat slams global stocks; investors poorer by Rs 6.79 lakh cr

  December 20, 2021 17:50 IST

  According to experts, exploding COVID-19 cases, sustained selling by foreign institutional investors and slowing growth momentum in the developed economies have spooked markets the world over.

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  Sensex crashes over 1,100 points; Nifty tanks 371 points to end just above 16,600

  December 20, 2021 16:29 IST

  Equity benchmark Sensex plummeted over 1,100 points on Monday to end below 56,000.