• 

  Alliance Air to launch Bengaluru-Kozhikode flight from Nov 11

  November 02, 2020 18:15 IST

  Alliance Air on Monday said it will launch a flight from Kozhikode to Bengaluru starting November 11. 

• 

  Gold Price Today: Gold rises by Rs 103; silver gains Rs 793

  November 02, 2020 16:39 IST

  Gold prices rose Rs 103 to Rs 51,286 per 10 gram in the national capital on Monday supported by strong global trends and rupee depreciation, according to HDFC Securities.

• 

  Sensex ends 144 points higher; financial stocks sparkle

  November 02, 2020 16:07 IST

  Equity benchmark Sensex ended 144 points higher on Monday, tracking strong buying sentiment in financial stocks amid positive cues from global markets.

• 

  PhonePe hits 250 mn user mark, registers 925 million transactions in October

  November 02, 2020 13:23 IST

  ​Flipkart-owned fintech platform PhonePe on Monday said it has crossed the 250 million registered user milestone. The company reported over 100 million monthly active users (MAU) and 2.3 billion app sessions in October, a statement said.  

• 

  ICICI Bank shares jump nearly 6 pc as Q2 profit zooms to record high

  November 02, 2020 12:12 IST

  Shares of ICICI Bank on Monday jumped nearly 6 per cent after the company reported an over four-fold jump in consolidated net profit for September quarter. 

• 

  Home loans to get cheaper, after Bank of Baroda this bank cuts interest rate

  November 02, 2020 12:02 IST

  ​The bank in a release said women borrowers will get further concession of 5 basis points in rate of interest over and above this reduction for such loans. The new rates are effective from November 1.

• 

  India's manufacturing PMI rises for 3rd straight month; output rises at quickest pace since Oct 2007

  November 02, 2020 11:53 IST

  India's manufacturing sector activity improved for the third straight month in October with companies raising output to the greatest extent in 13 years amid robust sales growth, a monthly survey said on Monday.  

• 

  Have a Jan Dhan account, basic savings account? Don't miss this big update

  November 02, 2020 11:31 IST

  Banking sources said ICICI Bank is not levying charges on the basic savings bank deposit account (BSBA) and Jan Dhan accounts.

• 

  Vegetable prices soar across Delhi, sales affected

  November 02, 2020 10:57 IST

  Consumers in the national capital are being adversely affected due to an increase in the price of vegetables. Meanwhile, the inflation has also reduced the sales made by vendors.

• 

  Sensex sheds over 200 points in early trade; Reliance tanks 4 pc

  November 02, 2020 10:30 IST

  Equity benchmark Sensex dropped over 200 points in early trade on Monday tracking losses in index-heavyweights Reliance Industries, TCS and Infosys amid sustained foreign fund outflow.

• 

  Former HDFC Bank CEO Aditya Puri to join Carlyle as senior advisor

  November 02, 2020 10:06 IST

  Puri is widely credited for building HDFC Bank from scratch and making it the largest in the private sector space and the most valuable one.

• 

  Bajaj Auto reports 11% jump in October sales at 512,038 units

  November 02, 2020 9:51 IST

  ​Bajaj Auto Ltd on Monday reported an 11 per cent increase in its total vehicle sales at 512,038 units in October.  

• 

  Have reached pre-COVID-19 level, Modi govt working on another stimulus package: Fin Secy

  November 02, 2020 9:54 IST

  Finance Secretary Ajay Bhushan Pandey has indicated that the Modi government is working on another stimulus package.

• 

  Asked banks to pay difference in interest to borrowers: RBI to SC

  November 01, 2020 20:56 IST

  The RBI has informed the Supreme Court that it has asked the banks, and financial institutions as well as the non-banking financial institutions to take "necessary actions" to credit the accounts of eligible borrowers, by November 5, with the difference between compound and simple interest collected on loans of up to Rs 2 crore during the moratorium scheme.

• 

  India's strategy of dealing with COVID-19 paid off, economy set to bounce back: Ficci

  November 01, 2020 18:30 IST

  Ficci President Sangita Reddy on Sunday said India's strategy of dealing with the COVID-19 crisis has paid off and the country's economy is set to bounce back and emerge stronger.

• 

  COVID-19: Sebi extends settlement scheme for illiquid stock option cases till Dec 31

  November 01, 2020 14:55 IST

  "Upon consideration of the same, the competent authority has approved the extension of the period of the scheme till December 31, 2020," it added. As per the notice issued by Sebi in July, entities who do not avail the one-time settlement opportunity will be liable for action after the expiry of the scheme.

• 

  GST collections cross Rs 1 lakh crore in Oct for first time in 8 months

  November 01, 2020 13:31 IST

  This is the first time in the current financial year that the gross GST collections has crossed the Rs 1-lakh-crore-mark.

• 

  Toyota Kirloskar posts 1.87% decline in total sales at 12,373 units in October

  November 01, 2020 13:26 IST

  Toyota Kirloskar Motor on Sunday reported a 1.87 per cent decline in total sales at 12,373 units in October. The company had sold a total of 12,610 units in October last year, TKM said in a statement.  

• 

  Maruti, Hyundai, Tata Motors witness brisk sales during Navratri period

  November 01, 2020 13:21 IST

  ​Leading carmakers Maruti Suzuki India, Hyundai and Tata Motors saw better retail sales during the Navratri period this year as compared with last year with pent up demand of last few months aiding the brisk offtake.  

• 

  Maruti Suzuki sales increase 19% to 1,82,448 units in October

  November 01, 2020 13:16 IST

  ​The country's largest carmaker Maruti Suzuki India (MSI) on Sunday reported an 18.9 per cent increase in sales at 1,82,448 units in October.  

• 

  Bank of Baroda reduces lending rate by 15 bps to 6.85%. Here's who can avail benefit

  November 01, 2020 12:12 IST

  With the cut in the external benchmark repo linked rate, all retail loans of the bank would get automatically adjusted. The customers availing home loan, mortgage loan, car loan, education loan, personal loan and all other retail loan products could avail of this benefit.

• 

  Banks to levy charges on deposits, withdrawals of money from today. Check full list

  November 02, 2020 9:53 IST

  Bank of Baroda (BOB) will start charging its customers for transactions beyond the prescribed limits from today. Names of other banks like Bank of India, PNB, Axis Bank and Central Bank are also emerging in reports, but they are yet to take a final call on the matter.

• 

  Why you should shift to mutual funds from conventional mode of investment

  November 01, 2020 11:10 IST

  Mutual funds have been the topic of attraction for years now, credit the varieties of plans and high returns they give. But before you start investing in mutual funds, it is necessary to understand what it is. Many people confuse mutual funds with stocks.

• 

  Banks to charge for deposits & withdrawals from today, Congress says 'Kamar Tod Tohfa'

  November 01, 2020 10:24 IST

  As per reports, Bank of Baroda will start charging its customers for transactions beyond the prescribed limits from November 1.

• 

  SpiceJet mulling to add Kevadia-Surat seaplane route

  October 31, 2020 22:56 IST

  Overwhelmed by the response to the Ahmedabad-Statue of Unity seaplane service, SpiceJet on Saturday said it plans to start a similar service connecting Surat in south Gujarat with the 182-meter tall statue dedicated to Sardar Vallabhbhai Patel near Kevadia.

• 

  Air India appoints new chiefs in three subsidiaries

  October 31, 2020 22:31 IST

  National carrier Air India has appointed new chiefs in some of its subsidiaries. 

• 

  West Bengal to implement new price structure for liquor from Sunday

  October 31, 2020 18:34 IST

  The West Bengal government has revised the price structure of liquor brands to be sold through the retail route in the state which will come into effect from Sunday, sources said.

• 

  Reliance Industries Q2 net falls 15 per cent on weak oil business

  October 30, 2020 22:13 IST

  Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 15 per cent drop in second quarter net profit after the pandemic-hit oil demand dragged down continued good showing in consumer-facing businesses such as telecom.