• 

  Crude oil prices surge to $130 per barrel as Russia-Ukraine conflict deepens

  March 07, 2022 11:00 IST

  Meanwhile, oil prices came under more pressure after Libya's national oil company said an armed group had shut down two crucial oil fields.

• 

  Sensex, Nifty fall over 2% each; crude oil tops $130 a barrel

  March 07, 2022 17:23 IST

  Sensex tumbled more than 1,600 points to trade below 52,700 on Monday morning while Nifty slumped more than 440 points to trade below 15,800.

• 

  Former NSE CEO Chitra Ramakrishna arrested by CBI in co-location scam case

  March 06, 2022 23:46 IST

  Ramkrishna had applied for a pre-arrest bail plea which was quashed by the Delhi court. Special Judge Sanjeev Aggarwal also observed that market regulator SEBI has been "too kind" to the accused as he dismissed the anticipatory bail application of Ramkrishna

• 

  LIC IPO: Govt may defer launch to next fiscal amid Russia-Ukraine war, say experts

  March 06, 2022 11:55 IST

  The government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the exchequer. The IPO would have helped meet the curtailed disinvestment target of Rs 78,000 crore this fiscal.

• 

  GST Council may consider proposal to raise lowest slab to 8 pc, rationalise tax slabs

  March 06, 2022 11:34 IST

  The GST Council over the years has often succumbed to the demands of the trade and industry and lowered tax rates.

• 

  NSE fraud: Anticipatory bail plea of Chitra Ramakrishna dismissed

  March 05, 2022 14:57 IST

  Ramakrishna, through her counsel, had approached the court seeking relief from her arrest. Her plea was opposed by the prosecution. After hearing the argument of defense and the prosecution, the court dismissed the plea.

• 

  YouTube's creator ecosystem contributes Rs 6,800 crore to Indian economy in 2020: Report

  March 04, 2022 18:25 IST

  The report assessed YouTube's economic, societal, and cultural impact in India. It shows that YouTube’s growing creator ecosystem supported 6,83,900 full-time equivalent jobs in the country in 2020.

• 

  Pakistan likely to remain on FATF’s grey list for four more months: Report

  March 04, 2022 17:38 IST

  Pakistan has been on the grey list of the Paris-based Financial Action Task Force (FATF) since June 2018 for failing to check money laundering, leading to terror financing, and was given a plan of action to complete it by October 2019.

• 

  Investors lose over Rs 4 lakh crore as Sensex, Nifty nosedive amid Russia-Ukraine war

  March 04, 2022 11:51 IST

  Continuing its decline for the second day, the BSE gauge plummeted 1,148.05 points or 2 per cent to 53,954.63. 

• 

  Sensex, Nifty surrender early gains as boiling oil plays spoilsport; IT stocks stand tall

  March 03, 2022 17:38 IST

  Crude oil prices ratcheted up towards the USD 120 per barrel mark on fears of supply disruptions as western nations tightened sanctions on Russia, which accounts for around 10 per cent of global oil output.  

• 

  Russia Ukraine War fallout: Get ready for steep hike in petrol, diesel prices

  March 03, 2022 12:44 IST

  The basket of crude oil India buys rose above USD 102 per barrel on March 1, the highest since August 2014. This compares to an average of USD 81.5 per barrel price of the Indian basket of crude oil at the time of freezing of petrol and diesel prices in early November last year.

• 

  LIC IPO launch update: Govt may defer due to Russia-Ukraine crisis, wait for opportune time

  March 02, 2022 19:31 IST

  Finance Minister Nirmala Sitharaman too had indicated review of the IPO in view of the evolving geopolitical situation. "Ideally, I would like to go ahead with it because we had planned it for some time based purely on Indian considerations," Sitharaman had said in an interview with the Hindu Business Line.

• 

  Tourism sector upset over extension of ban on international flights, over 10 lakh jobs at risk

  March 02, 2022 17:24 IST

  Speaking to India TV, Subhash Goyal, President of STIC Travel Group and Confederation of Tourism Professionals said that this decision by the Civil Aviation Ministry could be 'fatal' in the tourism and travel department, as about 10 lakh more people working in this industry may have to lose their jobs.

• 

  BharatPe removes Ashneer Grover from all positions over misappropriation of company funds

  March 02, 2022 12:38 IST

  In an emotionally-charged letter addressed to the Board of Directors, Ashneer on Tuesday said that while they will not find a single act of impropriety against him, "I will not be participating in your charade".

• 

  Buying properties, house will now cost more as Delhi govt mulls increase in circle rates

  March 02, 2022 12:03 IST

  Currently, a proposal for a change in circle rate has been sent to the Delhi Revenue Minister. Later, it would be placed before the Delhi cabinet for approval.

• 

  Sensex tumbles over 900 points, Nifty slips below 16,600

  March 02, 2022 11:45 IST

  In Asia, bourses in Tokyo, Hong Kong, Seoul and Shanghai were trading with deep losses in mid-session deals. Stock exchanges in the US finished sharply lower in the overnight session.

• 

  Russia-Ukraine War: Crude oil price rises to $108/per barrel, highest since 2014

  March 02, 2022 10:01 IST

  Benchmark U.S. crude rose USD 5.24 per barrel to USD 108.60 in electronic trading on the New York Mercantile Exchange. Brent crude, the international price standard, gained USD 5.43 to USD 110.40 per barrel in London.

• 

  PNB to make high-value cheque verification system mandatory from April 4

  March 02, 2022 9:30 IST

  The system, developed by the National Payments Corporation of India (NPCI), mandates a customer issuing the high-value cheque to reconfirm some essential details which are cross-checked while presenting the cheque in clearing before payment.

• 

  Reliance Retail Ventures Limited joins hands with Abraham & Thakore

  March 01, 2022 19:29 IST

  RRVL seeks to leverage its subsidiary Reliance Brands Limited's (RBL) deep understanding of the affluent Indian customer and their heft across digital, retail operations, marketing, and supply chain platforms, to build brand Abraham & Thakore’s global appeal in the fashion and lifestyle category.

• 

  18% of super-rich Indians invested in cryptocurrencies, NFTs last year: Report

  March 01, 2022 19:09 IST

  In its Wealth Report, Knight Frank stated that 18 percent of global UHNWIs now own cryptocurrencies or tokens, and 11 percent have invested in NFTs (non-fungible tokens).

• 

  GST collection up 18% at over Rs 1.33 lakh crore in February

  March 01, 2022 14:12 IST

  The gross GST revenue collected in February 2022 is Rs 1,33,026 crore of which Central GST is Rs 24,435 crore, State GST is Rs 30,779 crore, Integrated GST is Rs 67,471 crore (including Rs 33,837 crore collected on import of goods) and cess is Rs 10,340 crore (including Rs 638 crore collected on import of goods).

• 

  Ilker Ayci declines Tata Group's offer to be CEO & MD of Air India: Sources

  March 01, 2022 16:02 IST

  On February 14, Tata Sons had announced the appointment of Ayci, former chairman of Turkish Airlines, as the Chief Executive Officer and Managing Director of Air India.

• 

  Ashneer Grover quits as BharatPe MD soon after getting board meeting agenda

  March 01, 2022 12:17 IST

  In an emotionally-charged letter addressed to the Board of Directors, Ashneer said that while they will not find a single act of impropriety against him, "I will not be participating in your charade".

• 

  Parag Milk Foods hikes milk prices by Rs 2 per litre

  March 01, 2022 11:50 IST

  Parag Milk Foods Chairman Devendra Shah said: “This price hike is being done after almost 3 years due to rise in costs of energy, packaging, logistics and cattle feed that has led to an increase in the overall cost of operation and milk production".

• 

  Commercial LPG cylinder prices hiked by Rs 105. Check new rates

  March 01, 2022 7:12 IST

  LPG Cylinder rate is revised monthly for all the states and union territories in India.

• 

  Gold rate today: Prices surge by Rs 429 to Rs 50,577 per 10 grams

  February 28, 2022 20:32 IST

  Silver also zoomed by Rs 775 to Rs 65,557 per kg on industrial demand, from Rs 64,812 per kg earlier.

• 

  Centre's fiscal deficit touches 58.9 percent of full year target at end-January

  February 28, 2022 18:59 IST

  The fiscal deficit was 66.8 percent of the Revised Estimate (RE) of 2020-21 during the corresponding period of the last fiscal.

• 

  India's GDP grows 5.4 pc in Q3; remains world's fastest growing major economy

  February 28, 2022 19:15 IST

  The gross domestic product (GDP) had expanded by 0.7 per cent in the corresponding period of 2020-21, according to the data released by the National Statistical Office (NSO).