More From Economy
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BMW drives in 2 Series Gran Coupe with petrol powertrain priced at Rs 40.9 lakh
January 12, 2021 13:54 ISTIntroduced with its M Sport package, the new BMW 220i is locally produced at the company's Chennai-based manufacturing plant, the automaker said in a statement.
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CBDT rejects further extension of I-T returns due date, says pay penalty if not filed ITR
January 12, 2021 12:58 ISTThe income tax department had received several representations to further extend dates for filing returns as disruptions caused pandemic had continued to create problems for various taxpayers.
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GoAir begins vaccine delivery; Operates flight to Chennai from Pune containing 70,800 vials
January 12, 2021 12:45 ISTThe flight took off for Chennai from Pune early morning on Tuesday, carrying 70,800 vials (7,08,000 doses) of the vaccine, according to GoAir.
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Budget 2021: Govt should provide additional funds, incentives for agri sector, say experts
January 12, 2021 12:19 ISTReferring to the successful PM-KISAN scheme under which Rs 6,000 is paid annually directly into farmers bank accounts, he said the DBT mechanism should be fine-tuned and gradually should be utilized to support farmers in lieu of other subsidies.
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Sensex slips over 100 points in early trade; Nifty tests 14,450
January 12, 2021 10:18 ISTEquity benchmark Sensex dropped over 100 points in early trade on Tuesday, tracking losses in index-heavyweights HDFC, Kotak Bank and ICICI Bank despite largely positive trend in global equities and sustained FPI inflow.
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Middle class to gain from higher tax deductions likely in Budget 2021
January 11, 2021 23:16 ISTBudget 2021: Middle class tax payers may get a lot to cheer about the Budget proposals to be presented by Finance Minister Nirmala Sitharaman next month.
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Paytm founder asks Indians to join Signal, shun WhatsApp
January 11, 2021 23:02 ISTPaytm founder Vijay Shekhar Sharma, who fought a bitter war with Google recently, took to Twitter on Monday and urged Indian users to move to encrypted Signal app and shun WhatsApp.
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11th instalment of Rs 6,000 crore for GST compensation shortfall released
January 11, 2021 22:44 ISTThe Union Finance Ministry has released the 11th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.
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RBI cancels licence of THIS bank. Check details
January 11, 2021 21:08 ISTThe RBI on Monday said it has cancelled the licence of Vasantdada Nagari Sahakari Bank, Osmanabad, Maharashtra as the bank would be unable to pay its present depositors in full in its current financial position.
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Booming markets: RBI Governor warns stretched valuations pose financial stability risk
January 11, 2021 21:05 ISTThere is a disconnect between booming markets and economic activity, Reserve Bank Governor Shaktikanta Das said on Monday, warning that the stretched valuations of financial assets pose a risk to financial stability.
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COVID-19 impact: Govt not to print Budget documents this year
January 11, 2021 18:58 ISTThe voluminous Budget documents will not be printed this year following the COVID-19 protocol and will instead be distributed electronically to the Members of Parliament (MPs).
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Gold Price Today: Gold rises Rs 389, silver jumps Rs 1,137
January 11, 2021 16:31 ISTGold prices on Monday gained Rs 389 to Rs 48,866 per 10 gram in the national capital, in line with the rise in global price of the yellow metal and rupee depreciation, according to HDFC Securities.
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Sensex rallies 487 points to close above 49,000 for first time; IT stocks shine
January 11, 2021 16:09 ISTEquity benchmark Sensex rallied 487 points on Monday to close at a fresh lifetime peak, tracking gains in Infosys, HDFC twins and HCL Tech amid massive foreign fund inflows.
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TCS shares gain over 3 pc; m-cap rises past Rs 12 lakh cr mark after Dec earnings
January 11, 2021 12:25 ISTShares of Tata Consultancy Services on Monday gained over 3 per cent after the company reported a 7.2 per cent jump in December quarter net on a consolidated basis.
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Sensex tops 49,000-mark for first time amid positive trend in global equities
January 11, 2021 10:44 ISTIn the previous session, the Sensex had closed 689.19 points or 1.43 per cent higher at 48,782.51, while Nifty rallied 209.90 points or 1.48 per cent to close at its record high of 14,347.25.
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GST authorities arrest 215 persons in fake invoice cases, recover over Rs 700 crore in 2 months
January 10, 2021 19:02 ISTGST intelligence authorities have registered about 2,200 cases and unearthed more than 6,600 fake GSTIN entities during this period, sources said.
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Traders ask govt to ban WhatsApp and Facebook over new privacy policy
January 10, 2021 14:00 ISTFacebook has more than 200 million users in India and enabling it to access data about every user by a company can pose a serious threat to not only the economy but even to the security of the country.
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Poultry industry hit by bird flu fears, chicken prices drop by 50%
January 10, 2021 13:38 ISTAfter the coronavirus pandemic wreaked havoc on the country's poultry industry, it is now reeling under the fresh threat of the bird flu infection.
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Labour ministry likely to give shape to National Employment Policy by December
January 10, 2021 12:37 ISTThe Ministry of Labour and Employment is likely to give a shape to the National Employment Policy by December this year following the implementation of four labour codes and completion of four major surveys, including one migrant workers.
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Big bank fraud! Hyderabad-based company dupes SBI, other banks for over Rs 4,736 crore
January 09, 2021 17:17 ISTThe Central Bureau of Investigation (CBI) on Saturday booked Hyderabad-based Coastal Projects Ltd and its directors in connection with over Rs 4,736 crore bank fraud in a consortium of banks led by the State Bank of India (SBI).
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Kerala lottery overcomes COVID-19 crisis, records increase in weekly ticket sales
January 09, 2021 12:52 ISTThe Kerala lottery department has made unprecedented gains in the weekly ticket sales in the state overcoming the crisis triggered by the COVID-19 pandemic, as the sales soar in the last few months.
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Apple made $64 billion from App Store in Covid-hit 2020: Report
January 09, 2021 12:36 ISTBeginning this year, Apple is charging smaller developers who make less than $1 million per year on its platforms 15 per cent fee, instead of 30 per cent.
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PAN-Aadhaar based KYC mandatory for cash purchase of gold, silver jewellery? Govt clarifies
January 09, 2021 11:21 ISTAccording to sources, one of the recommendations requires the DPMS sector to fulfil obligations of Customer Due Diligence (CDD) when they conduct cash transactions above a certain limit (USD/EUR 15,000). India is a member of FATF since 2010.
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Gold to glitter more in 2021! Yellow metal to break records - Predictions
January 09, 2021 10:00 ISTGold to glitter more in 2021! Yellow metal to break records - Predictions
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National Pension System Vs Atal Pension Yojana: Which is better and why
January 09, 2021 9:30 ISTNPS vs APY: National Pension System and Atal Pension Yojana are government-run schemes and promise maximum benefits. While the NPS was launched in 2004, the APY was introduced in 2015.
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Income Tax Returns: Over 5.27 crore ITRs filed for fiscal 2019-20 till Jan 7
January 08, 2021 22:20 ISTMore than 5.27 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till January 7, the Income Tax Department said on Friday.
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RBI to resume normal liquidity management operations in phased manner
January 08, 2021 21:31 ISTIn February last year, RBI had announced a revised Liquidity Management Framework (LMF) that was simplified and "clearly communicated" the objectives and toolkit for liquidity management.
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Gold Price Today: Gold declines Rs 614, silver tanks Rs 1,609
January 08, 2021 17:56 ISTGold prices fell Rs 614 to Rs 49,763 per 10 gram in the national capital on Friday, tracking a weak global trend, according to HDFC Securities.
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SIT submits status report in Supreme Court in Ram Temple donation theft case; hearing on July 20
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Delhi Police issues traffic advisory ahead of CJP's 'Chalo Sansad' march; know which route to avoid
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Why is Kuldeep Yadav dropped again? Former cricketers lash out at management over selection calls
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SIT submits status report in Supreme Court in Ram Temple donation theft case; hearing on July 20
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Delhi Police says no permission sought for CJP's 'Chalo Sansad' march, invokes Section 163
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Man stabs wife to death with scissors due to suspected affair in Delhi; arrested in UP
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Woman accuses man of sexual harassment on train, passengers put bangles on his wrists
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Man slips after getting trapped between two trains at Vasai Road station, dramatic video goes viral
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Founder asks auto driver about his earnings, learns how much he makes working just 8-9 hours daily
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Bilaspur man stops to help woman struggling with scooter on flooded road, video wins hearts
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Man who wanted to study at this college now works there as a security guard, video goes viral