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  Sensex rallies 432 points on F&O expiry; financial stocks shine

  November 26, 2020 16:42 IST

  Equity benchmark Sensex rallied 432 points on Thursday, tracking gains in banking and financial stocks as the November series derivatives expired amid largely positive cues from global markets.

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  26/11 attack 12th anniversary: Ratan Tata calls for unity, act of sensitivity to continue in future

  November 26, 2020 14:54 IST

  In a social media post, the chairman emeritus of the Tata group said, "The wanton destruction that took place 12 years ago will never be forgotten." But, he said, what is more memorable is the way Mumbai people came together, casting aside all differences, to vanquish the terrorism.

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  Economic recovery stronger than expected: RBI Guv Shaktikanta Das

  November 26, 2020 15:01 IST

  Speaking at the annual day event of Foreign Exchange Dealers' Association of India (FEDAI), Das said there are downside risks to growth across the world and also in India.

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  Bharat Bandh: Operations at public sector banks partially hit due to trade union strike

  November 26, 2020 11:13 IST

  The All India Bank Employees' Association (AIBEA), All India Bank Officers Association (AIBOA) and Bank Employees Federation of India (BEFI) are participating in the strike.

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  Sensex jumps over 100 pts in early trade; Nifty tests 12,900

  November 26, 2020 10:59 IST

  The 30-share BSE index was trading 120.03 points or 0.27 per cent higher at 43,948.13. Similarly, the broader NSE Nifty was 37.70 points or 0.29 per cent up at 12,896.10.

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  eBikeGo to install 3,000 IoT enabled smart charging stations across 5 cities in India

  November 25, 2020 22:22 IST

  To fill this gap in the ecosystem and to increase the demand for electric vehicles, eBikeGo, India's leading smart electric two-wheeler mobility platform is planning to launch its own IoT enabled smart charging stations - eBikeGo Charge.

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  Bharat Bandh on November 26: Will bank services be hit?

  November 25, 2020 22:46 IST

  With the call of a nationwide strike by central trade unions on Thursday, banking operations could be hit. The strike, to be observed by ten central trade unions except Bharatiya Mazdoor Sangh, will also be joined by some bank unions.

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  Lakshmi Vilas Bank branches to operate as DBS Bank India Ltd from Friday

  November 25, 2020 19:08 IST

  Lakshmi Vilas Bank Ltd. branches will operate as DBS Bank India Ltd. branches from November 27, 2020. The development has come hours after the Cabinet announced that it has approved the merger of Lakshmi Vilas Bank Ltd. with DBS India.

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  Investor wealth tanks Rs 2.24 lakh crore as markets tumble after 3-day rally

  November 25, 2020 18:01 IST

  ​Investors' wealth declined by Rs 2,24,978.33 crore on Wednesday as equity markets tumbled from record highs on profit-booking. Snapping a three-session winning streak, the 30-share BSE Sensex ended 694.92 points or 1.56 per cent lower at 43,828.10.  

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  Sensex plunges 695 points on profit-booking; Nifty drops below 12,900

  November 25, 2020 16:08 IST

  ​Equity benchmark Sensex tumbled 695 points on Wednesday, tracking heavy profit-booking in index majors HDFC Bank, Infosys and Kotak Bank amid mixed cues from global markets. After touching a lifetime high of 44,825.37 in opening session, the 30-share BSE index ended 694.92 points or 1.56 per cent lower at 43,828.10.  

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  Lakshmi Vilas Bank merger with DBS India approved, no more restrictions on withdrawals

  November 25, 2020 19:08 IST

  Days after a month long moratorium was imposed on the Tamil Nadu based Lakshmi Vilas Bank, the Union Cabinet on Wednesday approved the scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited.

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  Fee on money transfers for US, doesn't apply to India, Google Pay clarifies

  November 25, 2020 14:44 IST

  Last week, Google had announced that it is launching a redesigned Google Pay app next year on Android and iOS, starting with the US, and that users will not be able to use the service on a web browser.

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  Uber drivers can now cash out any day of the week

  November 25, 2020 14:20 IST

  Uber on Wednesday announced the launch of a feature allowing drivers the flexibility to cash out at any day of the week.

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  Fuel Prices Today: Petrol, diesel price increase pauses after 5 days

  November 25, 2020 13:37 IST

  Petrol and diesel prices have been rising since Friday after a nearly two-month-long hiatus in fuel price revision. In five days, petrol price has gone up by 53 paise and diesel rates have risen by 95 paise per litre.

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  Lakshmi Vilas Bank stock tanks over 55 per cent in 7 trading sessions

  November 25, 2020 13:22 IST

  The government has placed Lakshmi Vilas Bank (LVB) under one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor.

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  Amazon partners with US govt agency to combat fake goods

  November 25, 2020 13:07 IST

  Amazon has partnered with the US government's counterfeit watchdog to launch a joint operation to prevent fake goods from entering the country.

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  Sensex rallies over 300 pts to scale fresh peak in opening session; Nifty tops 13,100

  November 25, 2020 10:14 IST

  After touching a lifetime high of 44,825.37 in the opening session, the 30-share BSE index was trading 242.76 points or 0.55 per cent higher at 44,765.78.

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  RBI turns down Muthoot Finance's proposal to acquire IDBI Bank's mutual fund business

  November 24, 2020 21:50 IST

  The RBI has turned down the proposal of Muthoot Finance to acquire IDBI Bank's mutual fund business, saying sponsoring a mutual fund is not in consonance with the activity of an operating NBFC.

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  Apple iPhone's 2nd-largest contract manufacturer Pegatron approves Rs 1,100 cr investment

  November 24, 2020 17:42 IST

  Apple iPhone contract manufacturer, Pegatron, has approved the first installement of Rs 1,100 crore ($150 million) as part of its Make in India investments and set up manufacturing facilities in the country. Pegatron is Apple's second-largest contract manufacturer.

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  GM to recall 7 million big pickup trucks, SUVs across world to replace 'dangerous' Takata air bags

  November 24, 2020 16:25 IST

  General Motors will recall as many as 7 million big pickup trucks and Sports Utility Vehicles (SUVs) across the world to replace potentially dangerous Takata air bag inflators, The Associated Press said in a report.

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  Sensex rises over 250 points, Nifty breaches 13,000-mark for first time

  November 24, 2020 10:32 IST

  Equity benchmark Sensex rallied over 250 points in opening trade on Tuesday, tracking gains in index-heavyweights HDFC Bank, Maruti, ONGC and Axis Bank amid positive cues from global markets and unabated foreign fund inflows.

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  Fuel prices rise for 4th consecutive day

  November 23, 2020 13:32 IST

  Petrol price on Monday was hiked by 7 paise per litre and diesel by 18 paise for the fourth straight day as the international oil rates broke a nearly two-month-long hiatus in price revision. 

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  Investors continue to dump Lakshmi Vilas Bank shares; stock tanks over 48 pc in 5 days

  November 23, 2020 12:55 IST

  On Monday, the stock plunged 10 per cent to Rs 8.10 -- its lower circuit limit as well as one year low -- on the BSE.

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  Sensex rallies over 300 pts in early trade; Nifty above 12,900

  November 23, 2020 10:07 IST

  After touching a lifetime intra-day high of 44,271.15, the 30-share BSE index was trading 309.36 points or 0.70 per cent higher at 44,191.61 in the opening session.

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  Online GST registration: GST Council's law panel suggests live photo, biometrics

  November 22, 2020 21:39 IST

  Central and state tax officials have suggested the option of online GST registration with live photo and use of biometrics to weed out the menace of fake firms claiming input tax credit, sources said. 

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  Govt plans 10% stake sale in MIDHANI via offer for sale

  November 22, 2020 12:15 IST

  The company got listed on stock exchanges in April 2018 and the government had raised Rs 438 crore by selling 26 per cent stake through IPO.

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  Public Provident Fund: How to open PPF account and why it is safest investment option

  November 22, 2020 11:53 IST

  The Public Provident Fund, PPF, account can be opened in a designated post office or a bank branch. It comes with an initial lock-in period of 15 years. The interest on PPF is compounded annually.

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  Fuel Price Today: Petrol, diesel prices rise for 3rd straight day across metros; check revised rate

  November 22, 2020 11:29 IST

  The increase in petrol and diesel prices was expected as the global oil market has shown signs of firming up after positive news on the successful introduction of a coronavirus vaccine soon. Moreover, the demand for oil and falling inventory levels in major consuming markets has also firmed up the crude price.