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  RBI cancels licence of THIS Maharashtra bank

  December 24, 2020 20:37 IST

  The bank had breached the minimum net worth requirement for two quarters in the financial year 2019-20, the RBI said in a statement.

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  Kerala Gold smuggling case: Chargesheet against ex-Principal Secy to Pinarayi Vijayan

  December 24, 2020 19:56 IST

  The Enforcement Directorate (ED) has filed a charge sheet against M Sivashankar, former Principal Secretary to Kerala Chief Minister Pinarayi Vijayan, in a case related to money laundering. The charge sheet comprising more than a thousand pages was submitted before an Ernakulam ED court.

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  Don't have FASTag in your vehicle yet? Govt makes it mandatory from THIS date

  December 24, 2020 19:44 IST

  Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari has announced that FASTag is being made mandatory for all vehicles in the country from the new year, the Ministry of Road Transport and Highways said in a statement.

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  Agri Gold Ponzi fraud case: ED attaches assets worth Rs 4,109 crore across various states

  December 24, 2020 20:07 IST

  Enforcement Directorate (ED) has provisionally attached assets worth Rs 4,109 crore under Prevention of Money laundering Act, 2002 (PMLA) in Agri Gold Ponzi fraud Case.

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  India challenges Vodafone arbitration ruling in Singapore court

  December 24, 2020 17:27 IST

  An international arbitration court had on September 25 rejected tax authorities' demand for Rs 22,100 crore in back taxes and penalties relating to the British telecom giant's 2007 acquisition of an Indian operator.

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  Sensex rallies 529 points; Nifty tops 13,700

  December 24, 2020 16:05 IST

  Equity benchmark Sensex jumped 529 points on Thursday following gains in index majors Reliance Industries, HDFC twins and ICICI Bank amid positive global cues. 

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  Gold Price Today: Gold rises Rs 385; silver jumps Rs 1,102

  December 24, 2020 15:43 IST

  Gold prices rose Rs 385 to Rs 49,624 per 10 gram in the national capital on Thursday, reflecting gains in global precious metal prices, according to HDFC Securities. 

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  Air India pilots reject 5% rollback in pay cut, says 'donate for Parl building or PM Care'

  December 24, 2020 13:48 IST

  Even MPs have taken a lower pay cut, the pilots said. "While the parliamentarians themselves have taken a cut of only 30 per cent on gross emoluments and vehemently refused to take a higher cut."

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  Indian economy reviving at unforeseen pace: RBI

  December 24, 2020 13:22 IST

  The monthly bulletin of the central bank for December said the more evidence has emerged since the last bulletin which shows that the Indian economy is coming out of the Covid-induced slowdown.

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  Aurobindo Pharma inks pact with COVAXX to develop COVID-19 vaccine

  December 24, 2020 12:09 IST

  Aurobindo Pharma on Thursday said it has inked a licensing pact with US-based company COVAXX to develop and commercialise a vaccine for COVID-19. The company has entered an exclusive licence agreement to develop, commercialise and manufacture UB-612, the first multitope peptide-based vaccine to fight COVID-19, for India and UNICEF, Aurobindo Pharma said in a regulatory filing.

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  Sensex rallies over 350 points in early trade; Nifty tops 13,700

  December 24, 2020 11:24 IST

  Equity benchmark Sensex jumped over 350 points in opening trade on Thursday, tracking gains in index majors Reliance Industries, HDFC twins and ICICI Bank amid positive cues from global markets.

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  Adityanath's new year gift! MGNREGA workers to get pension, house

  December 24, 2020 11:44 IST

  The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is a social security measure that aims to guarantee the 'right to work'. This act was passed in September 2005 under the UPA government.

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  Nissan, Datsun cars to cost 5% more from January 1

  December 24, 2020 10:56 IST

  Car maker Nissan Motor India Pvt Ltd on Wednesday said it will increase the prices of all its models by five percent effective from January 1, 2021.

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  DDA to launch new housing scheme with nearly 1,200 flats in Dwarka, Jasola, Manglapuri, Vasant Kunj

  December 24, 2020 10:00 IST

  The highest decision-making body of the DDA on Wednesday gave its nod to the new online housing scheme of the urban body that is planned to be launched next year. About 1,210 flats will be on offer under the scheme for various category of flats at locations such as Dwarka, Jasola, Manglapuri and Vasant Kunj.

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  Sensex rallies 437 points; Nifty reclaims 13,600

  December 23, 2020 16:25 IST

  Equity benchmark Sensex rallied 437 points on Wednesday, tracking gains in Infosys, HUL and TCS amid a positive trend in global markets. 

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  Gold Price Today: Gold declines Rs 252; silver tumbles Rs 933

  December 23, 2020 15:59 IST

  Gold prices fell Rs 252 to Rs 49,506 per 10 gram in the national capital on Wednesday, according to HDFC Securities. 

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  Emami manufacturing units for Zandu brands get WHO-GMP quality certification

  December 23, 2020 12:45 IST

  Two plants of Emami Limited, located at Vapi and Masat in Gujarat, producing range of its healthcare portfolio products under the brand name of Zandu, have been accredited with WHO-GMP and Certificate of Pharmaceutical Products (CoPP) for more than 40 Ayurvedic products with a validity for 3 years.

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  Infosys shares at record high after winning billion dollar deal from Daimler AG

  December 23, 2020 12:17 IST

  Shares of Infosys gained over 2 per cent in early trade on Wednesday after the company said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation. The stock jumped 2.31 per cent to its record high of Rs 1,249 on the BSE.

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  Haryana govt signs MoU with India Accelerator to build robust startup ecosystem

  December 23, 2020 11:15 IST

  The Manohar Lal Khattar government in Haryana and India Accelerator have signed an MoU to develop a robust startup ecosystem in the state.

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  Sensex jumps over 150 points in early trade; Nifty tests 13,500

  December 23, 2020 10:09 IST

  In the previous session, Sensex ended 452.73 points or 0.99 per cent higher at 46,006.69, and Nifty climbed 137.90 points or 1.03 per cent to 13,466.30.

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  IndiGo allows partial rebooking in case passenger's connecting flight is cancelled

  December 22, 2020 22:03 IST

  IndiGo airlines on Tuesday said a passenger whose connecting flight is cancelled can now rebook that part of the journey or take the refund for the same.  

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  Sensex rebounds 453 points; IT stocks shine

  December 22, 2020 16:30 IST

  Equity benchmark Sensex rebounded 453 points on Tuesday, tracking strong recovery in IT and banking stocks amid encouraging cues from European markets. 

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  Gold Price Today: Gold declines Rs 243, silver falls Rs 216

  December 22, 2020 15:46 IST

  Gold prices declined by Rs 243 to Rs 49,653 per 10 gram in the national capital on Tuesday, reflecting the weakness in the global price of the precious metal, according to HDFC Securities.

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  Atmanirbhar Bharat: How the pandemic has shown local manufacturing is need of the hour

  December 22, 2020 17:52 IST

  PM Narendra Modi's call for Atmanirbhar Bharat during the pandemic has encouraged local companies to boost manufacturing and people are now searching for more India-made products. This emotional call has shed light on the importance of using homemade products in boosting the economy and simultaneously transforming the local businesses.

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  Sensex tumbles over 300 points in early trade; Nifty slips below 13,250

  December 22, 2020 10:17 IST

  In the previous session, Sensex plunged 1,406.73 points or 3 per cent to close at 45,553.96. This was its biggest single-day fall since May 4 this year. Nifty also tanked 432.15 points or 3.14 per cent to finish at 13,328.40.

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  HDFC, ICICI Bank, SBI, among top-10 lenders in 2020; Google Pay, PhonePe top wallets

  December 21, 2020 22:35 IST

  HDFC, ICICI, SBI, Yes Bank, PNB, HSBC Bank, Kotak Mahindra Bank, Bank of Baroda, Deutsche Bank and IDBI are the top-10 banks of 2020.

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  Future Retail says reviewing HC order, Amazon welcomes verdict

  December 21, 2020 20:55 IST

  Kishore Biyani-led Future Retail Ltd (FRL) on Monday said it is “reviewing” the Delhi High Court order that has rejected its plea to restrain Amazon from writing to regulatory authorities about the SIAC arbitral order against its asset sale under a Rs 24,713 crore deal with Reliance.

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  India to witness double-digit growth in 2021-22: Report

  December 21, 2020 20:12 IST

  The economy contracted by a historic 23.9 per cent in the first quarter of 2020-21 on account of the impact of the coronavirus pandemic.