More From Economy
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India's manufacturing PMI slips to 3-month low in November
December 01, 2020 13:25 ISTThe seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell from 58.9 in October to a three-month low of 56.3 in November, indicating that the manufacturing sector growth remained strong, despite losing traction.
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Sensex rises over 120 points in early trade; Nifty tops 13,000
December 01, 2020 10:05 ISTIn the previous session, Sensex ended 110.02 points or 0.25 per cent lower at 44,149.72, and NSE Nifty slipped 18.05 points or 0.14 per cent to 12,968.95.
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Commercial LPG price hiked by Rs 54 per cylinder in Delhi
December 01, 2020 9:45 ISTThere has been no change in the price of a domestic non-subsidised LPG cylinder of 14.2 kg. According to the website of Indian Oil, a domestic cooking gas in Delhi costs Rs 594
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PNB's new rules for ATM cash withdrawals applicable from today. Check details
December 01, 2020 8:12 ISTAccording to the changed rule, cash withdrawals from Punjab National Bank ATMs will now not be possible without an OTP.
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RTGS money transfer: Check important changes from December 1
November 30, 2020 20:50 ISTThe Real Time Gross Settlement System (RTGS) will be made available round-the-clock from December 1. The decision for large value transactions was made by the Reserve Bank of India (RBI) recently.
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Amazon India offers 'special recognition bonus' to employees. Check bonus amount, and other details
December 01, 2020 20:42 ISTAmazon India on Monday said it will offer a "special recognition bonus" to its employees in the country. The decision comes in line with similar payouts being made to staff in other countries.
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Gold Price Today: Gold declines Rs 142, silver falls Rs 701
November 30, 2020 17:47 ISTGold prices fell Rs 142 to Rs 47,483 per 10 gram in the national capital on Monday on a weak global trend, according to HDFC Securities.
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Petrol price crosses Rs 90/litre mark in Bhopal
November 30, 2020 16:56 ISTPetrol prices in Madhya Pradesh's Bhopal crossed Rs 90 per litre mark on Monday.
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Lakshmi Vilas Bank customers can access all services; no change in interest rates as of now: DBS
November 30, 2020 14:35 ISTDBS Bank India on Monday said customers of Lakshmi Vilas Bank, which has now been merged with it, can continue to access all banking services, and interest rates on savings and fixed deposits are unchanged as of now. Lakshmi Vilas Bank (LVB) has now been amalgamated with DBS Bank India Ltd (DBIL), the wholly-owned subsidiary of DBS Group Holdings Ltd, DBS Bank India said in a statement.
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Asian shares mixed despite fresh records on Wall Street
November 30, 2020 12:13 ISTAsian shares were mixed on Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the global economy.
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AirAsia India plans expansion; to induct 3 more A320 neos by June 2021
November 29, 2020 17:05 ISTBudget carrier AirAsia India plans to add three more Airbus A320 neo planes by June next year as part of its fleet and network expansion.
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RBI likely to maintain status quo for 3rd straight time on inflation concerns
November 29, 2020 16:37 ISTThe Reserve Bank is likely to keep the benchmark interest rates unchanged in its next monetary policy review in view of heightened retail inflation which has persistently remained above its comfort level, feel experts.
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Aadhaar Alert! Check UIDAI's warning against fraud or else you may be duped of money
November 29, 2020 14:54 ISTThe UIDAI recently tweeted that Aadhaar operators are appointed by the registrars, and not by UIDAI. Therefore, citizens are requested to not to fall into the trap of fraudsters.
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Five of top 10 most valued firms lose together ₹91,699 crore m-cap; RIL worst hit
November 29, 2020 13:42 ISTThe combined market valuation of five of top-10 most valued firms declined by ₹91,699 crore last week, with heavyweight Reliance Industries emerging as the worst hit. Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Limited, Kotak Mahindra Bank and Bajaj Finance were the gainers.
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Companies raise Rs 25,000 cr via IPOs in 2020 so far; next year expected to be equally strong
November 29, 2020 11:06 ISTAccording to an analysis of data available with the stock exchanges, 12 initial public offerings (IPOs) in 2020 so far raised around Rs 25,000 crore, significantly higher than Rs 12,362 crore mopped up through 16 initial share-sales in the entire 2019.
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Bank Holidays in December 2020: Banks to remain closed on these days; Check state-wise list
November 29, 2020 9:28 ISTBank Holidays in December 2020: All private and public sector banks in the country are closed on Sundays, as well as on the second and fourth Saturdays of every month. Besides this, banks are closed on various public and national and regional public holidays as well.
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Top 25,000 defaulting taxpayers to be persuaded to file GST returns by Nov 30
November 29, 2020 8:06 ISTTax officials have been directed to follow up personally with these defaulting taxpayers so that their GSTR-3B returns due for October get filed by Nov 30.
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EPFO extends deadline to submit life certificate by pensioners till Feb 28
November 28, 2020 18:08 ISTThe Employees' Provident Fund Organisation (EPFO) has extended the deadline for submission of life certificates by pensioners till February 28, a move which would benefit over 35 lakh persons who could not submit the document by November due to coronavirus pandemic.
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Important news for PNB customers! Bank introduces OTP-based cash withdrawal system. Get details
November 28, 2020 17:46 ISTThe Punjab National Bank (PNB) is going to introduce the OTP-based cash withdrawal system. The bank will launch OTP Based ATM Withdrawal for transactions system from December 1, 2020.
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Govt proposes capping surge pricing by cab aggregators at 1.5 times of base fare
November 28, 2020 12:36 ISTThe government on Friday proposed to cap surge pricing charged by cab aggregators like Ola and Uber at 1.5 times of the base fare.
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Lakshmi Vilas Bank becomes DBS India; 94-year old bank part of history now
November 27, 2020 19:03 ISTThe debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation.
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India's July-Sept GDP contracts 7.5%, 'technical recession' confirmed
November 27, 2020 18:35 ISTThe GDP at constant (2011-12) prices in Q2 of 2020-21 is estimated at Rs 33.14 lakh crore.
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Burger King IPO to open on Dec 2; price band fixed at Rs 59-60 per share
November 27, 2020 16:37 ISTQuick service restaurant (QSR) chain Burger King will hit the capital markets on December 2, and the price band of the initial public offering (IPO) has been fixed at Rs 59-60 per share.
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Sensex, Nifty start on tepid note amid weak global cues
November 27, 2020 10:12 ISTThe 30-share BSE index was trading 25.74 points or 0.06 per cent higher at 44,285.48.
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India's second-quarter GDP data to be released today
November 27, 2020 11:29 ISTThe second-quarter gross domestic product (GDP) data on India will be released today with the industry expecting positive news. The data will be released by the National Statistical Office.
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Peter Kerkar of Cox & Kings arrested by ED in money laundering case
November 26, 2020 23:03 ISTThe Enforcement Directorate has arrested travel firm Cox and Kings' promoter Peter Kerkar in an alleged money laundering case, as per reports.
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BharatPe's POS business grows to $2 billion annualized transaction value in 3 months
November 26, 2020 21:55 ISTBharatPe, India's largest merchant payments company, today announced that it has recorded the fastest ever scale up on POS in the industry. BharatPe’s POS business has grown to $2 billion annualized transaction value in just 3 months post the launch.
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Murugappa Group takes over CG Power, appoints directors
November 26, 2020 18:32 ISTChennai-based Murugappa Group on Thursday took over scam-hit CG Power and Industrial Solutions, infusing Rs 700 crore into the company and appointing directors on its board.
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'Only possible in India': American woman left speechless by Mumbai's doorstep blood test
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'Show-off kal ka stress ban sakta hai...': Man's warning against EMIs goes viral
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Living alone in Dubai, 23-year-old Indian woman reflects on the emotional cost of moving abroad
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Daughter returns from Germany after four years, leaves mother in tears with two gold jewellery sets