• 

  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.

• 

  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.

• 

  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.

• 

  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.

• 

  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.

• 

  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.

• 

  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.

• 

  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.

• 

  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.  

• 

  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.

• 

  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.

• 

  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.

• 

  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.

• 

  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.

• 

  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. 

• 

  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.

• 

  HDFC Bank deploys mobile ATMs across 50 cities in India

  June 01, 2021 18:14 IST

  Customers can conduct over 15 types of transactions using the Mobile ATMs, which will be operational at each location for a specific period. The Mobile ATMs will cover 3-4 stops in a day.

• 

  Gold Price Today: Gold gains Rs 285; silver jumps Rs 952

  June 01, 2021 16:54 IST

  Gold prices rose by Rs 285 to Rs 48,892 per 10 gram in the national capital on Tuesday following a rally in global precious metal prices, according to HDFC Securities. 

• 

  IFFCO launches world's first nano urea; priced at Rs 240 per bottle

  June 01, 2021 14:33 IST

  Nano urea will be available to farmers through its cooperative sales and marketing channel apart from IFFCO''s e-commerce platform www.iffcobazar.in.

• 

  Eli Lilly India gets nod for emergency use of antibody drugs combination for COVID-19

  June 01, 2021 14:30 IST

  Eli Lilly and Company India on Tuesday said it has received permission for emergency use of its antibody drugs combination used for treatment of mild to moderate COVID-19, in the country.

• 

  Petrol, diesel prices hiked again, rates at new high

  June 01, 2021 13:44 IST

  Petrol and diesel prices on Tuesday scaled new highs across the country after they were hiked for the 17th time in a month. Petrol price was increased by 26 paise per litre and diesel by 23 paise a litre.

• 

  Moody's pegs India GDP growth at 9.3% in FY22

  June 01, 2021 12:25 IST

  "We expect a decline in economic activity in the April-June quarter, followed by a rebound, resulting in real, inflation-adjusted GDP growth of 9.3 per cent in the fiscal year ending March 2022 and 7. 9 per cent in fiscal 2022-23," Moody’s Investors Service said

• 

  RBI asks banks not to refer to its 2018 circular on virtual currencies

  May 31, 2021 23:27 IST

  The latest directive comes against the backdrop of some banks and regulated entities citing the circular and cautioning customers against dealing in virtual currencies.

• 

  Economic impact of 2nd Covid wave not likely to be large; support needed for recovery: CEA

  May 31, 2021 23:21 IST

  Chief Economic Adviser K V Subramanian on Monday said the impact of the second COVID-19 wave is not likely to be large on the economy but going forward, fiscal and monetary support will be needed to prop up growth. 

• 

  RBI cancels licence of THIS bank. Check details

  May 31, 2021 22:40 IST

  While cancelling the licence, effective close of business hours on Monday, the RBI said public interest would be adversely affected if the bank is allowed to carry on its banking business any further.

• 

  AirAsia India extends free cancellation, reschedule facility in lockdown-hit states

  May 31, 2021 22:18 IST

  All AirAsia India guests who booked their flights before the announcement of the lockdown (in these states) can opt to cancel or change to another flight without incurring any change fees or cancellation charges, the airline said in a statement.

• 

  Reliance Industries shares jump 10 per cent in four days of rally

  May 31, 2021 19:13 IST

  Shares of Reliance Industries are in huge demand, extending its winning run for the fourth day and rallying almost 10 per cent. 

• 

  Monthly GST return filing deadline extended till June 26

  May 31, 2021 18:32 IST

  The due date for furnishing details of outward supplies in Form GSTR-1 for the month of May 2021 is extended by 15 days. The extended due date is June 26, CBIC said.