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  NACH to be available on all days from August 1: RBI

  June 04, 2021 15:44 IST

  NACH facilitates one-to-many credit transfers such as payment of dividend, interest, salary and pension. It also facilitates collection of payments pertaining to electricity, gas, telephone, water, periodic instalments towards loans, investments in mutual funds and insurance premium

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  Gold Price Today: Gold declines Rs 388, silver tumbles Rs 920

  June 04, 2021 15:30 IST

  Gold prices fell by Rs 388 to Rs 47,917 per 10 gram in the national capital on Friday amid muted global trends, according to HDFC Securities. 

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  Look forward to repo rate cut by RBI in future: India Inc

  June 04, 2021 14:37 IST

  RBI decided to leave the benchmark interest rate unchanged at 4 per cent, but maintained an accommodative stance as the economy faces the brunt of the second COVID wave

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  RBI announces liquidity measures for sectors hit hard by COVID-19

  June 04, 2021 14:28 IST

  Under the scheme, banks can provide fresh lending support to hotels and restaurants; tourism – travel agents, tour operators and adventure/heritage facilities; aviation ancillary services – ground handling and supply chain

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  Petrol crosses Rs 100/litre mark in Leh, Andhra Pradesh, Telangana

  June 04, 2021 13:49 IST

  Petrol price was increased by 27 paise per litre and diesel by 28 paise a litre, according to a price notification of state-owned fuel retailers. The hike - 18th in the last one month - took fuel prices across the country to a historic high.

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  RBI lowers GDP growth projection to 9.5 pc for 2021-22

  June 04, 2021 12:30 IST

  The Reserve Bank on Friday lowered the country's growth projection for the current financial year to 9.5 percent from 10.5 percent.

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  Reserve Bank to buy govt securities worth Rs 1.20 lakh cr under G-SAP 2.0

  June 04, 2021 12:21 IST

  Under G-SAP 1. 0, the central bank will purchase Rs 1 lakh crore-worth government securities and the last transaction of such acquisition to the tune of Rs 40,000 crore is scheduled for June 17.

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  India's forex reserves may have exceeded USD 600 billion: RBI Governor Shaktikanta Das

  June 04, 2021 12:19 IST

  As per the RBI's data issued on May 28, the country's foreign exchange reserves rose by USD 2.865 billion to a record high of USD 592.894 billion for the week ended May 21.

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  RBI projects retail inflation at 5.1 pc in FY22

  June 04, 2021 12:18 IST

  The Reserve Bank of India on Friday projected the retail inflation at 5.1 per cent in the current financial year ending March 31, 2022.

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  Salasar Techno announces bonus share in ratio of 1:1, dividend of Rs 1

  June 04, 2021 11:40 IST

  Salasar Techno Engineering Bonus Share, Dividend: The company will pay bonus shares in the ratio of 1:1.

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  Singapore Red Cross sends Rs 38 crore for COVID-19 relief to India

  June 04, 2021 11:22 IST

  Singapore Red Cross (SRC) is sending nearly SGD 7 million (approx Rs 38 crore) to its counterpart in India for distribution to hospitals and medical institutions.

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  Britannia Industries to raise Rs 698.51 crore via bonus debentures

  June 04, 2021 9:44 IST

  Britannia Industries on Thursday said its board has approved a proposal to raise Rs 698.51 crore by issuing bonus debentures to eligible equity shareholders.

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  RBI keeps policy rate unchanged for 6th time in a row; cuts growth forecast to 9.5%

  June 04, 2021 10:52 IST

  RBI has decided to leave benchmark interest rate unchanged at 4 per cent. This is the sixth time in a row that RBI has maintained status quo.

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  Zydus Cadila gets nod for clinical trials of antibodies cocktail to treat COVID

  June 04, 2021 8:32 IST

  Zydus said that its biological therapy ZRC-3308, a cocktail of two SARS-CoV-2-neutralising monoclonal antibodies (mAbs) can emerge as one of the main treatments for mild COVID-19.

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  Banks can sell Vijay Mallya's properties, shares worth Rs 5,646 crore to recover dues

  June 03, 2021 17:16 IST

  Armed with court order, a consortium of lenders led by SBI can now sell certain real estate properties and securities belonging to fugitive Vijay Mallya to recover loans turned bad with failure of Kingfisher Airlines.

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  Tesla Inc begins hiring for major roles in India: Report

  June 03, 2021 16:59 IST

  As world's premium electric-car maker Tesla firms up its plans to roll out its first all-electric car in India this year, the company has begun recruiting for major roles to serve for its India business, according to a Bloomberg report.

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  Reliance Industries shares maintain winning run for 7th day; Mcap crosses Rs 14 lakh cr mark

  June 03, 2021 13:27 IST

  The market heavyweight stock has jumped 14.53 per cent in seven trading sessions to hit a high of Rs 2,250 on Thursday.

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  Sebi gives more time for implementation of SMS alerts for IPO process through UPI system

  June 03, 2021 10:48 IST

  Sebi has given more time for implementation of guidelines pertaining to SMS alerts under the UPI system for shares applied and allotted during an IPO.

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  Motherson Sumi to pay dividend of Rs 1.50 per equity share

  June 03, 2021 9:33 IST

  Motherson Sumi Systems has announced dividend of Rs 1.50 per share for the year ended on March 31.

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  Centre approves Model Tenancy Act: Here's how it will benefit tenants, landlords

  June 02, 2021 21:27 IST

  Under the Act, for residential premises, tenants will have to submit a security deposit of maximum two months' rent, while in case of commercial property, 6 months rent will have to be deposited.

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  After record fund raising, Mukesh Ambani says Reliance has strong balance sheet to support growth

  June 02, 2021 20:00 IST

  ​After record fund raising, Reliance Industries Ltd now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and Oil-to-Chemicals, according to the firm's Chairman and Managing Director Mukesh Ambani.  

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  Haffkine Bio-Pharma hopeful of Covaxin production in 8 months, targets 22.8 crore doses a year

  June 02, 2021 12:31 IST

  The Department of Biotechnology has given permission to HBPCL for producing Covaxin under Mission Covid Suraksha. Covaxin has been developed by Bharat Biotech in collaboration with ICMR.

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  Indian economy witnessing robust recovery: Piyush Goyal

  June 02, 2021 11:10 IST

  The Union Minister said that in the recent past, due to the rapid rise in COVID-19 cases, industrial production was severely impacted due to lockdowns, non-availability of oxygen, migration of workers, and the spread of the Coronavirus amongst the workforce.

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  ITC Dividend: Board approves Final Dividend of Rs 5.75 per share; Check record date

  June 02, 2021 17:09 IST

  ITC Dividend 2021: ITC Limited has declared a final dividend of Rs 5.75 per share. The company has fixed June 11 as the record date.

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  ITC posts Q4 net profit of Rs 3,817 crore; revenue at Rs 15,404 crore

  June 02, 2021 8:33 IST

  ITC Ltd has reported a consolidated net profit of Rs 3,816. 84 crore for the fourth quarter ended March 2021.

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  2020-21 darkest year of economy in four decades, laments Chidambaram

  June 01, 2021 20:52 IST

  The former finance minister attacked the Central government over the GDP numbers.

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  Reliance BP Mobility to provide free fuel to COVID ambulances

  June 01, 2021 19:27 IST

  Reliance BP Mobility Ltd, the fuel retailing joint venture of Reliance Industries Ltd and BP, has deployed a mobile fuel bowser in Mumbai for supplying fuel free of cost to ambulances on COVID-19 duty, a company statement said on Tuesday. 

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  Yes Bank lowers its FY22 growth estimate for India

  June 01, 2021 19:03 IST

  Implementation of lockdown-like restrictions due to the second wave is likely to create a break in the normalisation process in the Yes Bank's growth process.