More From Economy
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DoT likely to issue notice for spectrum auction this week
January 05, 2021 22:11 ISTThe Department of Telecom is expected to issue the notice for upcoming spectrum auction this week that will have timelines and rules to bid for airwaves.
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ITR 2019-20: Over 5 crore income tax returns filed till January 4
January 05, 2021 21:50 ISTOver 5 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till January 4, the Income Tax Department said on Tuesday. The government has extended the ITR filing deadline for individuals till January 10, and for companies till February 15.
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Indian economy expected to contract by 9 .6% in 2020-21: World Bank
January 05, 2021 21:45 ISTIndia’s economy is estimated to contract by 9.6 per cent in the fiscal year 2020-21, reflecting a sharp drop in household spending and private investment, and the growth is expected to recover to 5.4 per cent in 2021, the World Bank said on Tuesday.
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How Kisan Vikas Patra will bring you more benefits over investing in FDs
January 05, 2021 18:47 ISTKisan Vikas Patra is yet another public investment scheme that double the money in a limited amount of time. Just like FDs, Kisan Vikas Patra is also a beneficial and traditional system of investments. Kisan Vikas Patra is also called Post Office Savings Schemes and give better interest over regular FDs.
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Apple temporarily closes all stores in UK amid surge in COVID-19 cases
January 05, 2021 17:45 ISTApple operates 38 stores in the UK, 20 of which had already closed between December 22.
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Sensex drops over 100 points; Nifty slips below 14,100
January 05, 2021 10:05 ISTIn the previous session, Sensex ended 307.82 points or 0.64 per cent higher at 48,176.80, and Nifty jumped 114.40 points or 0.82 per cent to its fresh lifetime high of 14,132.90.
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RBI imposes Rs 7 lakh penalty on 2 banks for violation of KYC, other norms
January 04, 2021 21:17 ISTThe RBI on Monday said it has imposed a total penalty of Rs 7 lakh on two co-operative banks, including Rs 5 lakh on Vyavasayik Sahakari Bank Maryadit, for violation of KYC and other norms.
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Atal Pension Yojana gets over 52 lakh new subscribers in FY21 so far
January 04, 2021 21:12 ISTOver 52 lakh new subscribers have joined Atal Pension Yojana (APY) during 2020-21 so far, taking the total enrolment under the government's social security scheme to 2.75 crore at end-December, an official release said.
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Another Rs 6,000 crore released to states to meet GST compensation shortfall
January 04, 2021 20:14 ISTThe Union Finance Ministry has released the 10th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.
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Honda 2-wheelers India domestic sales jump 5% in December 2020
January 04, 2021 20:08 ISTDomestic sales last month stood at 2,42,046 units as against 2,30,197 units in December 2019, a growth of 5 per cent
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Chinese firm gets contract for construction of Delhi-Meerut RRTS project
January 04, 2021 14:30 ISTThe National Capital Region Transport Corporation (NCRTC) has awarded a contract to a Chinese company, Shanghai Tunnel Engineering Company Limited, for the construction of a 5.6-kilometre underground stretch, from New Ashok Nagar to Sahibabad, of the Delhi-Meerut RRTS project.
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Income tax calendar 2021: Important dates and deadlines you should know
January 04, 2021 14:10 ISTThe Income Tax department extended the income tax filing dates for the thrid time. Individuals who do not have to file tax audit reports and were to file their income tax returns for FY20 by 31 December got time till January 10.
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BEML shares zoom nearly 8% as govt invites preliminary bids for 26% stake sale
January 04, 2021 11:40 ISTShares of BEML jumped nearly 8 per cent in early trade on Monday after the government invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in the defence PSU. The stock gained 7.77 per cent to Rs 1,050 at the BSE. On the NSE, it zoomed 7.74 per cent to Rs 1,051.
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Jio towers vandalism: Reliance moves Punjab & Haryana HC seeking govt's intervention, blames 'rivals
January 04, 2021 16:38 ISTReliance has moved a petition in Punjab and Haryana High Court seeking urgent intervention of government authorities to bring a complete stop to illegal acts of vandalism by miscreants.
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Sensex jumps nearly 300 points in early trade; Nifty tops 14,100
January 04, 2021 10:04 ISTIn the previous session, Sensex rose by 117.65 points or 0.25 per cent to close at a fresh lifetime-high of 47,868.98, while Nifty closed at an all-time high of 14,018.50.
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Massive crackdown on GST evaders: Govt takes action against 7000 entities; 5 CAs among 187 arrested
January 03, 2021 22:55 ISTIn a massive crackdown on GST evaders, the government has initiated action against 7,000 entities including the arrest of 187 -- a campaign that contributed to buoyancy in tax collection.
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Debit, credit card holders ALERT! Data of 10 crore Indians being sold on Dark Web
January 05, 2021 17:04 ISTIndependent cyber security researcher Rajshekhar Rajaharia claimed on Sunday that data of nearly 10 crore credit and debit card holders in the country is being sold for an undisclosed amount on the Dark Web.
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GST officials detect over Rs 830 cr tax evasion by Delhi-based pan-masala manufacturing unit
January 03, 2021 14:32 ISTThe firm was evading the payment of Goods and Services Tax (GST) by manufacturing and clandestinely supplying gutkha/pan masala/tobacco products without any registration and payment of duty, it said.
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Macro data, vaccination news, quarterly earnings to drive markets this week: Analysts
January 03, 2021 10:42 ISTOn a weekly basis, the Sensex advanced 895.44 points or 1.90 per cent, while the Nifty climbed 269.25 points or 1.95 per cent.
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Seven of top-10 firms add Rs 75,845 cr in cumulative m-cap; HDFC twins top gainers
January 03, 2021 10:42 ISTSeven of the top-10 most valued domestic firms together added Rs 75,845.46 crore in market valuation in the past week, with HDFC twins emerging as the biggest gainers. Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank and Bajaj Finance were other gainers
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GST collections at all-time high of over Rs 1.15 lakh crore in December 2020
January 01, 2021 14:13 ISTGST collections touched a record high of over Rs 1.15 lakh crore in December, reflecting festive demand and reflating economy.
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Zomato flushed with orders on New Year's Eve
January 01, 2021 14:01 ISTWith Covid-19 keeping many revellers indoors even on New Year's Eve, food delivery platforms seem to be having a hard time meeting the sudden spike in demand, with orders on Zomato alone going up to over 3,200 per minute on Thursday evening.
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CCPA seeks RBI intervention on banks delaying refund in case of failed transactions
January 01, 2021 13:16 ISTAmid rising consumer complaints regarding delay in reverse or refund of money deducted on account of failed or cancelled banking transactions, newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time.
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Commercial LPG cylinder price hiked by Rs 17 per cylinder
January 01, 2021 11:48 ISTThe Indian Oil Corporation has left the price of non-subsidised LPG cylinders unchanged at existing levels on January 1. However, the commercial customers will have to shell out an additional Rs 17 per cylinder.
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Stock markets open New Year on high note, Sensex up by 119 points in early trade
January 01, 2021 10:03 ISTKey stock indices Sensex and Nifty opened the New Year on a positive note with investors betting on IT, auto and select banking and financial stocks.
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Antony Waste Handling Cell shares to get listed on BSE and NSE today
January 01, 2021 8:31 ISTAntony Waste shares: Antony Waste Handling Cell is a leading player in solid waste management services in the country.
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Our servers were hacked earlier this month, says IndiGo
December 31, 2020 23:25 ISTIndiGo airlines on Thursday informed that some of their servers were subject to a hacking incident earlier this month. The airlines said they were able to restore our systems in a very short span of time with minimal impact.
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RIL donates Rs 1.01 crore to Lord Balaji shrine on New Year eve
December 31, 2020 21:55 ISTThe Reliance Industries Limited made an offering of Rs 1.01 crore at the famous hill shrine of Lord Venkateswara at Tirumala near here on the New Year eve on Thursday, an official said.
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Opposition stages symbolic walkout from all-party meet over Centre's invite to rebel TMC MPs
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4 killed, several missing as flash floods, landslides hit J-K's Poonch; rescue operations underway
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'Your silence is unacceptable': Rahul Gandhi, Kharge write to PM Modi on Ram Temple donations theft
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PV Sindhu creates history, wins maiden Japan Open after straight-games victory over Akane Yamaguchi
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Srikanth wins Best Hindi Feature Film at National Awards; Alaya F, director Tushar Hiranandani react
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Opposition stages symbolic walkout from all-party meet over Centre's invite to rebel TMC MPs
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Katrina Kaif calls son Vihaan her 'most precious blessing', gives fans a peek into her family life
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Jennifer Winget's husband William Ishmael; know about his career, education and life away from the s
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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