More From Economy
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Sensex drops over 210 points in early trade; energy, pharma stocks weigh
January 27, 2021 9:57 ISTOn Monday, the Sensex tanked 530.95 points or 1.09 per cent to close the session at 48,347.59; and the Nifty shed 133 points or 0.93 per cent to close at 14,238.90.
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Indian startups attract $10.14 billion in funding in 2020: Report
January 26, 2021 20:52 ISTIndian startups are estimated to have received USD 10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said.
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Missed train from Delhi, get full ticket refund: Northern Railway
January 26, 2021 20:48 ISTIn view of the violent clashes across several parts of the national capital during the farmers' tractor rally on Tuesday, the Northern Railway said that the passengers who cannot reach stations are requested to apply for full refund of all trains departing from all the stations in Delhi.
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Budget 2021: Healthcare service providers urge govt to increase healthcare spend
January 26, 2021 18:51 ISTThe government should increase healthcare spend in the ensuing budget for ramping up the infrastructure in the sector, healthcare service providers have said.
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Budget: Govt may announce steps to promote e-commerce exports, imports
January 26, 2021 23:11 ISTThe government in the budget next week is expected to announce measures such as extending the facility of bulk clearance for e-commerce imports and exports with a view to promoting the growth of this fast-growing segment in the country, sources said.
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Indian economy estimated to contract by 9.6% in 2020, grow at 7.3% in 2021: UN
January 26, 2021 11:19 ISTIndia's economy is projected to grow at 7.3 per cent in 2021, even as it is estimated to contract by 9.6 per cent in 2020 as lockdowns and other efforts to control the COVID-19 pandemic slashed domestic consumption, the UN has said.
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Fuel price today: Petrol crosses Rs 86 mark in Delhi, diesel above Rs 83 in Mumbai
January 26, 2021 11:04 ISTPetrol price on Tuesday edged past Rs 86 a litre mark in the national capital and diesel soared above Rs 76 after rates witnessed maximum increase in the last one year.
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Stove Kraft IPO nears oversubscription at close of first day of bidding
January 25, 2021 21:10 ISTThe Rs 412.62-crore IPO of the manufacturer of kitchen appliances received bids for 58,38,776 shares against 58,94,642 shares on offer, translating into 99 per cent subscription, according to the data available with NSE.
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Budget 2021: Toyota seeks simplification of laws, policy support for electric vehicles
January 25, 2021 21:05 ISTSpelling out its Budget wish-list on Monday, the automaker also sought policy measures to support production of electric and hybrid vehicles (xEVs) in the country.
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Will Budget 2021 deliver the goods for real estate?
January 28, 2021 15:00 ISTThe realty industry remains one of the most precise bellwethers of the state of India's economy. Like all other sectors, real estate, which contributes more than 8 percent to the Indian economy, too has expectations.
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Govt plans to impose green tax on old polluting vehicles
January 25, 2021 20:31 ISTUnder the scheme, transport vehicles older than eight years could be charged green tax at the time of renewal of fitness certificate at the rate of 10 to 25 per cent of road tax.
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TCS once again becomes the most valued domestic firm by market capitalisation
January 25, 2021 19:33 ISTCountry's largest software exporter Tata Consultancy Services (TCS) on Monday surpassed Reliance Industries Ltd to become the country's most valued firm by market capitalisation.
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Bank of America gives special pandemic bonus to 97 per cent of its 1.7 lakh staff
January 25, 2021 17:36 ISTBank of America is rewarding its over 1.7 lakh staff worldwide, including over 24,000 in India, with a cash award of USD 750 each to those earning under USD 1 lakh in annual compensation for the appreciation of their work through the pandemic.
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Budget 2021: Govt may tweak customs duties on several goods
January 28, 2021 12:08 ISTIndia's most-awaited budget is just a week away. Finance minister Nirmala Sitharaman will unveil the Budget 2021-22 on February 1. Meanwhile, sources have told PTI that the government may tweak customs duties on several goods to promote domestic manufacturing and exports.
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Sensex tumbles 531 points; energy, IT stocks play spoilsport
January 25, 2021 16:15 ISTThe BSE benchmark Sensex dived nearly 531 points to close at 48,348 on Monday, prolonging its losing streak to the third straight session, weighed down by massive selling particularly in energy and IT stocks.
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Reliance Ebitda back to pre-pandemic levels driven by consumer businesses: Moody's
January 25, 2021 16:10 ISTBillionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's Investors Service said on Monday.
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Gold Price Today: Gold falls Rs 141; silver up marginally
January 25, 2021 15:59 ISTGold prices fell Rs 141 to Rs 48,509 per 10 grams in the national capital on Monday, continuing the previous day's weakness, according to HDFC Securities.
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Wealth amassed by 100 richest Indians during pandemic can give 13.8 cr poorest Rs 94k each: Oxfam
January 25, 2021 12:52 ISTIndia's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the COVID-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
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UltraTech Cement shares gain over 5 percent on Q3 earnings boost
January 25, 2021 11:48 ISTShares of UltraTech Cement on Monday gained over 5 per cent after the company more than doubled its consolidated net profit in the October-December quarter of FY2021.
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Sensex zooms over 340 points in early trade; financial stocks lead rally
January 25, 2021 10:08 ISTOn Friday, the BSE Sensex had tumbled 746.22 points or 1.50 per cent to finish at 48,878.54, posting its largest single-session drop in a month; while, the NSE Nifty had slumped 218.45 points or 1.5 per cent to 14,371.90.
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IRFC IPO allotment today: How to check status, grey market premium, listing date and more
January 25, 2021 8:51 ISTIRFC IPO allotment status: The IRFC IPO was oversubscribed in the retail category. The Rs 4,633 crore IPO was over subscribed 3.49 times. IRFC listing is scheduled for January 29
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Stove Kraft IPO opens today: Check price band, grey market details and more
January 25, 2021 8:39 ISTStove Kraft Ltd, manufacturer of kitchen appliances, on Thursday said it has fixed a price band of Rs 384-385 a share for its initial public offer, which will open for subscription on January 25.
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Is RBI banning ₹5, ₹10 and ₹100 notes? Here's the truth
January 24, 2021 20:55 ISTIs the Reserve Bank of India (RBI) planning to ban ₹5, ₹10, and ₹100 notes in the country? Ever since India announced the demonetization of ₹500 and ₹1,000 banknotes in the year 2016, there has been similar speculation about other denominations every now and then. Recently, a report claimed that the central bank was banning ₹5, ₹10, and ₹100 notes and that they won't be in circulation from March 2021. But how true is it?
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India sees 19 IPOs worth $1.84 bn in 2020 December quarter: Report
January 24, 2021 16:36 ISTReflecting strong momentum, India witnessed 19 initial public offers worth USD 1.84 billion in the fourth quarter of 2020 and market sentiment remains positive in what could be a stellar 2021, according to a report.
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Reliance spins off oil-to-chemical unit
January 24, 2021 14:30 ISTReliance for the first time reported integrated earnings of the O2C business in its third quarter financial results
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Govt may announce policy formulation for toys sector in Budget 2021
January 24, 2021 12:26 ISTA source said that the country has low share in the international toys industry and India's exports account for less than 0.5 per cent of global demand, so there are immense opportunities in this segment.
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Bullet Train Project: 7 cos willing to construct undersea tunnel
January 24, 2021 10:56 ISTA National High Speed Rail Corporation Limited (NHSRCL) official told IANS, "Seven Indian companies had participated in pre bid meeting for constructing the undersea tunnel of the corridor."
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Mobile industry raises demand for GST rate cut in Budget
January 24, 2021 10:11 ISTIndustry body India Cellular and Electronics Association (ICEA) has renewed its demand for reducing Goods and Services Tax (GST) for the mobile industry ahead of the Union Budget to be presented on February 1.
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JP Nadda, Jitendra Singh meet Sonam Wangchuk at Medanta amid protests over Pradhan's resignation
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Naveen Patnaik demands Dharmendra Pradhan's resignation over police action on CJP protesters
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Naveen Patnaik demands Dharmendra Pradhan's resignation over police action on CJP protesters
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NEET paper leak protests LIVE: CJP stir continues at Jantar Mantar amid heavy barricading in Delhi
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IMD predicts heavy rains across UP, many cities on flood alert, waterlogging reported on key roads
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JP Nadda, Jitendra Singh meet Sonam Wangchuk at Medanta amid protests over Pradhan's resignation
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France becomes first EU nation to ban social media for children under 15: Here's what changed
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Bengaluru auto driver lost his wife 8 years ago, what he still does every morning is touching hearts
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Delhi family's home turns into a waterfall after ceiling springs a massive leak, video goes viral
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Hyderabad professor comes face-to-face with truck on wrong side, dashcam captures what happens next
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Man's kurta made from Indian Railways bed sheet goes viral, internet floods comments with jokes
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Woman accuses man of sexual harassment on train, passengers put bangles on his wrists