More From Economy
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Uber brings its PIN-dispatch feature to Delhi airport to reduce wait times for travellers
November 09, 2020 15:42 ISTRide hailing major Uber on Monday said it has launched its 'PIN-Dispatch' feature at Delhi airport, aimed at reducing wait time and enhancing rider experience. The feature, which is already available at Bengaluru and Hyderabad airports, will be available at Terminal 3 of Indira Gandhi International Airport.
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Sebi orders attachment of bank, demat, MF accounts of Rainbow Industries, directors
November 09, 2020 14:57 ISTMarkets regulator Sebi has ordered attachment of bank accounts as well as share and mutual fund holdings of Rainbow Industries and Constructions and its two directors to recover over Rs 11 crore.
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Bank of Maharashtra: Loans to get cheaper as lender cuts repo-linked lending rate by 15 bps
November 09, 2020 14:35 ISTState-owned Bank of Maharashtra has reduced its repo linked lending rate (RLLR) by 15 basis points to 6.90 per cent. The lender's retail and MSME loans are linked to RLLR. The new rates are effective from November 7.
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Airtel Payments Bank partners with Bharti AXA General for motor insurance
November 09, 2020 13:15 ISTThe insurance comes with a personal accident cover for the policyholder. In the event of an accident leading to permanent disablement or loss of life, the policy ensures financial protection for the family.
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Over 1 lakh Wipro employees to get pay hike with promotions from December 1
November 09, 2020 11:58 ISTWipro will roll out salary hike for nearly 80 per cent of its employees along with promotions for high performers effective from December 1. The Bengaluru-bases IT major exporter is reportedly considering rolling out single-digit salary increment for eligible employees at the B3 and below levels.
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Paytm to double loan disbursement to Rs 1,000 cr for MSMEs
November 09, 2020 10:17 ISTThe company expanded collateral-free loans of up to Rs 500,000 at a low-interest rate and unique daily EMI product customised for micro-merchants.
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Sensex at all-time high, rises over 600 points to breach 42,500-mark , Nifty above 12,400
November 09, 2020 10:57 ISTSensex and Nifty opened with gains on Monday morning. While Sensex opened over 500 points to touch 42,473, all-time high, the Nifty jumped over 135 points to cross the 12,400-mark.
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Sovereign gold bonds open for subscription today: Things to know
November 09, 2020 9:30 ISTThe eighth series of Sovereign Gold Bond Scheme 2021-21 will be thrown open for subscription today. The scheme will close on November 13.
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Diwali cheer! Modi govt to deposit Rs 2,000 in farmers' bank account soon
November 09, 2020 11:00 ISTPM Kisan Samman Nidhi Yojana: The seventh installment of Rs 2000 will be deposited in bank accounts of farmers by November end.
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COVID-19 impact: Singapore Airlines reports half year loss of USD2.6 billion
November 09, 2020 8:34 ISTA historic first-half net loss of SGD3.5 billion (USD2.6 billion) at the close of market has been reported by Singapore Airlines (SIA), due to the impact of travel curbs caused by the COVID-19 pandemic.
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Modi govt offering discount on gold ahead of Dhanteras-Diwali, invest now to get extra 2.5% return
November 09, 2020 14:40 ISTModi government offers discount on gold ahead of Diwali: Sovereign Gold Bond attracts an extra return of 2.5 per cent every year. This return is over and above the gold price return.
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BOC delivers first of four Airbus A321NEO aircraft to Indigo
November 09, 2020 7:28 ISTBOC Aviation Limited has delivered the first of four new Airbus A321NEO aircraft on lease to IndiGo, an official statement said Monday.
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Now no need of affidavit form to claim unemployment benefit from ESIC
November 08, 2020 23:01 ISTIn a significant decision to provide relief to the beneficiaries of Atal Beemit Vyakti Kalyan Yojana (ABVKY), the Employee State Insurance Corporation (ESIC) has relaxed conditions for seeking claims for unemployment benefits, doing away with the requirement to submit affidavit form by claimants.
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Indian Overseas Bank seeks about Rs 1,000 crore capital support from govt
November 08, 2020 11:31 ISTIndian Overseas Bank (IOB) has sought a capital support of about Rs 1,000 crore from the government in order to create buffer for any exigency, a top official of the bank said.
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Planning early retirement? Here's how you can become a crorepati at 40 and get rid of your job!
November 08, 2020 11:10 ISTCrorepati at 40, Early retirement: A careful planning and a strict financial discipline like selecting right schemes and a regular investment can help you become a crorepati at 40 and get rid of your job.
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Bigbasket faces data breach; details of 2 crore users put on sale on dark web
November 08, 2020 9:02 ISTIn a potential data breach, details of around 2 crore users of grocery e-commerce platform Bigbasket may have been leaked, news agency PTI quoted cyber intelligence firm Cyble as saying. The company said that a hacker has put data allegedly belonging to Bigbasket on sale for around Rs 30 lakh.
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FASTags mandatory for all four wheelers from January 1
November 07, 2020 22:05 ISTTo further augment electronic toll collection, the government on Saturday said it has made FASTags mandatory for all four-wheelers including old vehicles from January 1, 2021.
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Economy expected to bounce back from next fiscal: SBI Chairman
November 07, 2020 14:35 ISTThe country's economy, which has shown resilience to come out from a downturn caused by the COVID-19 pandemic, is expected to bounce back from the next fiscal, State Bank of India chairman Dinesh Kumar Khara said on Saturday.
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Soverign Gold Bond: RBI fixes issue price at Rs 5,177 per gram ahead of Diwali
November 07, 2020 8:38 ISTThe issue price for the Sovereign Gold Bond has been fixed at Rs 5,177 per gram of gold, the Reserve Bank of India said in a statement on Friday. The Sovereign Gold Bond Scheme 2020-21-Series VIII will be opened for subscription from November 9 to 13, 2020.
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Wholesale dealers will not be allowed to store more than 25 MT of potato and onion: West Bengal govt
November 06, 2020 23:45 ISTTo control the rising price of onion and potato, the West Bengal government has issued a directive that no wholesale dealer will be allowed to storemore than 25 MT and those having small businesses not more than two MT of two the vegetables, an official said on Friday.
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Gold Price Today: Gold rises Rs 791; silver zooms Rs 2,147
November 06, 2020 16:43 ISTGold prices rose by Rs 791 to Rs 51,717 per 10 grams in the national capital on Friday, rallying for the third consecutive day, supported by rally in global precious metal prices, according to HDFC Securities.
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RIL shares jump over 3% after Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail
November 06, 2020 13:31 ISTBillionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore.
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Nafed finalises bidders, issues order for supply of 15,000 tonnes of imported onions
November 06, 2020 12:23 ISTCo-operative Nafed on Friday said it has finalised bidders and issued orders for timely supply of 15,000 tonnes of imported onions, which will help boost domestic availability and check price rise.
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Sensex jumps over 200 points in early trade; Reliance jumps 3 pc
November 06, 2020 10:27 ISTEquity benchmark Sensex jumped over 200 points in early trade on Friday, tracking gains in index-heavyweights Reliance Industries, HDFC twins and TCS amid massive foreign fund inflow and largely positive cues from global markets.
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Edible oil price currently at highest level in India; further hike likely: Experts
November 06, 2020 9:11 ISTAfter potato and onion, the price of edible oil has now gone up in the national capital due to a sharp increase in the cost of oilseeds. There has been a 53 per cent hike in the crude palm oil (CPO) prices in the domestic futures market, in the past six months due to a decline in palm oil production in Malaysia.
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NPCI allows WhatsApp Pay service in India; 30% cap on 3rd party UPI apps like Google Pay, PhonePe
November 06, 2020 8:11 ISTThe announcement by NPCI came minutes after it limited a single third party like WhatsApp or its rivals like Google Pay or Walmart's PhonePe to handle only 30 per cent of overall UPI transaction volumes by putting a cap.
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Diwali Cheers! UP govt announces bonus for over 14 lakh employees
November 05, 2020 23:29 ISTUttar Pradesh Chief Minister Yogi Adityanath has announced a Diwali bonus for 14.82 lakh government employees in the state, an official said on Thursday.
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ICICI Bank launches India's first banking programme for millennials
November 05, 2020 20:39 ISTLending major ICICI Bank on Thursday launched India's first banking programme for millennial customers, in the age bracket of 18 years to 35 years.
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'Are you Muslim?': Indian man stabbed 15 times at US mall after revealing his religion
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Madan Mitra targets Abhishek Banerjee with 'TMC is not one person's party' jibe after quitting party
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Ram Temple donation theft was suppressed to protect trust's reputation, Tinnu Yadav key conspirator
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UP Speaker clarifies amid row over 'donation stolen wasn't offered with devotion' remark
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