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  Tata Motors to raise USD 1 billion for its passenger electric vehicle business

  October 13, 2021 9:13 IST

  Tata Motors on Tuesday entered into a binding agreement with TPG Rise Climate to raise $1 billion for its newly-incorporated subsidiary dealing with the passenger EV business.  

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  Tatas plan new vertical to on-board Air India post share purchase agreement

  October 13, 2021 8:59 IST

  Tata Group has several verticals, one of which tourism and travel houses the group's interest in Indian Hotels Company, Vistara and AirAsia India.

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  Power crisis: Centre looks at letting power plants to use 10 per cent imported coal blend

  October 13, 2021 8:34 IST

  The government may allow power plants facing fuel shortages to blend upto 10 per cent imported coal and run their plants at optimal capacity to prevent any outages.

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  India's August industrial production rises to four-month high, output higher by 11.9% YoY

  October 13, 2021 8:28 IST

  Low base effect, along with a rise in demand, pushed India's industrial output higher by 11.9 per cent in August, on a year-on-year basis.

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  Indigo Airline-backed hotel chain Ibis opens 'Mumbai Vikhroli' with 'Aamchi Mumbai' as theme

  October 13, 2021 8:17 IST

  Mumbai Vikhroli, the 15-floor property by the French hotel chain is a joint venture with Interglobe Hotels, the hospitality arm of the holding company of Indigo airline.

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  IGL hikes CNG, PNG prices in THESE cities | Check revised rates

  October 12, 2021 23:53 IST

  The revised rates will come into effect from October 13th at 06:00 AM.

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  RBI bans Srei Infra auditor Haribhakti & Co for two years

  October 12, 2021 22:45 IST

  The action has been taken against the firm for failure to comply with a specific direction issued by the RBI with respect to its statutory audit of a Systemically Important Non-Banking Financial Company (NBFC), the central bank said in a statement.

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  70% grocery merchants join e-commerce during festive sale: Flipkart Wholesale

  October 12, 2021 21:19 IST

  "The Big Billion Days, which concluded on October 10, 2021, witnessed a 70 per cent e-commerce adoption by kiranas across the country compared to the same period last year.

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  Emerging from 'very tough' 2nd wave, India keeps top global spot with 9.5% GDP growth

  October 12, 2021 20:28 IST

  India’s growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World Economic Outlook) update of July this summer but is a three-percentage point in 2021 and 1.6 percentage point drop from its April projections.

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  Gold Price Today: Gold rises Rs 129; silver declines Rs 120

  October 12, 2021 18:57 IST

  In the previous trade, the precious metal had settled at Rs 46,157 per 10 gram. In contrast, silver prices declined by Rs 120 to Rs 60,369 per kilogram from Rs 60,489 per kilogram in the previous trade.

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  Retail inflation falls to 4.35 per cent in September

  October 12, 2021 17:58 IST

  The Consumer Price Index-based (CPI) inflation was at 5.30 per cent in August and at 7.27 per cent in September 2020.

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  Thailand’s Central Retail bags two major awards

  October 12, 2021 16:23 IST

  Thailand’s leading retail group, Central Retail has once again bagged the two prestigious regional awards -- Asia’s Best Employer Brand Awards and IDC Future Enterprise Awards Thailand.

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  Govt asks CIL to raise coal supply to power plants during Puja, augment it further after October 20

  October 12, 2021 15:55 IST

  The development assumes significance in the wake of the country's power plants grappling with coal shortages in the country at a time when the festival season has already begun.  

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  Rakesh Jhunjhunwala-backed Akasa Air gets Aviation Ministry nod to fly

  October 12, 2021 8:02 IST

  The Ministry of Civil Aviation has granted NOC for the operation of Rakesh Jhunjhunwala-backed new airline Akasa Air.

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  RBI imposes Rs 30 lakh penalty on Pune-based Janata Sahakari Bank

  October 11, 2021 22:33 IST

   The penalty has been imposed for non-compliance with specific directions issued by RBI under the Supervisory Action Framework (SAF) and RBI directions on 'Frauds in UCBs: Changes in Monitoring and Reporting mechanism'.

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  FM Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetings

  October 11, 2021 21:05 IST

  As part of official visit to the US, Nirmala Sitharaman will also address investors including large pension funds and private equity players and will invite them to participate in India's growth story.

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  Reserve Bank retains 3-member advisory committee for Srei group companies

  October 11, 2021 20:11 IST

  After superseding the boards of SIFL and SEFL last Monday, the Reserve Bank had appointed a three-member advisory committee to assist Rajneesh Sharma, administrator of the two crisis-ridden firms.  

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  Gold Price Today: Gold declines Rs 59; silver tumbles Rs 196

  October 11, 2021 19:36 IST

  In the previous trade, the precious metal had settled at Rs 46,097 per 10 grams. Silver prices also tumbled Rs 196 to Rs 60,369 per kg, from Rs 60,565 per kg in the previous trade.

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  Air India privatisation: Rs 16,000 crore unpaid bills to go to govt's AIAHL

  October 11, 2021 18:36 IST

  Air India Assets Holding Ltd (AIAHL), which will hold non-core assets of Air India such as land and building, will also be saddled with 75 per cent of the airline's debt that the Tata Group is not taking over.

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  India gets 3rd set of Swiss bank details under automatic info exchange framework

  October 11, 2021 15:49 IST

  The Federal Tax Administration (FTA) of Switzerland said in a statement on Monday that the exchange of information this year involved 10 more countries -- Antigua and Barbuda, Azerbaijan, Dominica, Ghana, Lebanon, Macau, Pakistan, Qatar, Samoa and Vauatu.  

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  Coal shortage: Govt scrambles all resources to meet demand; 4 reasons behind pan-India power crisis

  October 11, 2021 11:17 IST

  Coal shortage: The daily average coal requirement at the power plants is about 18.5 lakh tonnes per day whereas the daily coal supply has been around 17.5 lakh tonnes.  

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  Nifty hits all-time high of 18,000; Sensex trades above 60,300-mark

  October 11, 2021 11:02 IST

  NSE Nifty on Monday hit an all-time high of 18,000 while the BSE Sensex was placed above 60,300 in the morning trade.

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  Power crisis to continue through festive season? Coal India scrambles to meet rising demand

  October 11, 2021 8:58 IST

  The coal shortages at power plants had come at a time when production from Coal India, which meets almost 80 per cent of the fuel needs of the country, had fallen owing to the long monsoon this year.

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  Fuel on fire: Petrol, diesel prices hike for 7th day in a row

  October 11, 2021 8:03 IST

  On September 28 for gasoline and September 24 for diesel, a three-week respite

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  Diesel price crosses Rs 100 in Kerala; Centre's fuel policy draws flak

  October 10, 2021 22:03 IST

  Petrol price was hiked by 30 paise per litre and diesel by 35 paise a litre, according to a price notification of state-owned fuel retailers

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  Centre imposes stock limits on edible oils to soften prices in domestic market

  October 10, 2021 14:15 IST

  As per the order issued to all states, state governments and union territories will decide the stock limit to be imposed on edible oils and oilseeds after taking into account the available stock and consumption pattern of that particular state or UT.

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  Fuel rates skyrocket as petrol, diesel prices hike for 6th consecutive day | Check revised rate

  October 10, 2021 9:44 IST

  Petrol prices in Mumbai saw a rise to Rs 110.12 per litre while Diesel now costs Rs 100.66 a litre

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  Fuel prices at all-time high after fifth consecutive hike; diesel crosses ₹100-mark in Mumbai

  October 09, 2021 12:11 IST

  Prior to the July/August price cuts, the petrol price was increased by Rs 11.44 a litre between May 4 and July 17.