More From Economy
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BharatEMarket logo launched, Govt says committed to provide level-playing field in e-commerce
October 30, 2020 21:58 ISTMinister of State for Commerce Som Parkash on Friday said the government will not spare any efforts in maintaining a level-playing field in e-commerce and stressed that violation of government policy "will not be tolerated any more".
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Reliance Jio Q2 net profit jumps 3-fold to Rs 2,844 crore, revenue zooms 33 per cent
October 30, 2020 20:38 ISTGlobal investment firm KKR on Thursday said it has floated a separate company, Virescent Infrastructure, to acquire renewable energy assets in India. Virescent currently owns 317 MW of solar assets located in Maharashtra and Tamil Nadu.
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Petrol, diesel prices on freeze: IOC says international oil prices range-bound
October 30, 2020 19:25 ISTState-owned Indian Oil Corp (IOC) on Friday said international oil prices have been range-bound in the last few weeks, warranting no revision in retail petrol and diesel rates.
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ITR Filing: Finance Ministry notifies extended deadline for FY19-20 income tax return filing
October 30, 2020 18:18 ISTITR Filing: The Finance Ministry has notified the extended due date for Income Tax Return (ITR) filing by individual taxpayers for FY 2019-20.
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Gold Price Today: Gold jumps Rs 268; silver gains Rs 1,623
October 30, 2020 16:17 ISTGold prices rose by Rs 268 to Rs 50,812 per 10 grams in the national capital on Friday following a recovery in international prices of precious metal, according to HDFC Securities
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Sensex ends 136 points lower; Nifty slips below 11,650
October 30, 2020 16:09 ISTEquity benchmark Sensex declined 136 points on Friday following losses in Infosys, ICICI Bank and Bharti Airtel amid a selloff in global markets.
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Vodafone Idea shares jump over 7 pc after Q2 earnings
October 30, 2020 12:03 ISTShares of Vodafone Idea on Friday gained over 7 per cent after the company reported significant narrowing of losses to about Rs 7,218 crore for the September quarter, and said signs of recovery were visible with gradual improvement in economic activities.
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Loan moratorium: Crop, tractor loans not part of interest-on-interest waiver scheme
October 30, 2020 11:26 ISTIssuing additional frequently asked questions (FAQs) on the 'scheme for grant of ex-gratia payment of the difference between compound interest and simple interest', it said credit card dues outstanding as on February 29 would be considered for giving relief to the borrowers.
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LTC cash voucher scheme: Private sector employees, non-central govt staff eligible for I-T exemption
October 30, 2020 10:39 ISTThe conditions listed out by the CBDT for availing the tax exemption under the LTC cash voucher scheme require the employee to spend a sum equal to three times of the value of the deemed LTC fare.
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Sensex jumps over 200 points in early trade; Nifty tops 11,700
October 30, 2020 10:01 ISTEquity benchmark Sensex jumped over 200 points in early trade on Friday led by gains in index-heavyweights Reliance Industries, TCS and HCL Tech amid positive cues from US equities. The 30-share BSE index was trading 202.68 points or 0.51 per cent higher at 39,952.53.
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Govt bans export of onion seeds
October 29, 2020 19:41 ISTThe government on Thursday banned exports of onion seeds with immediate effect amidst rising prices of the bulb in the domestic markets.
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Rupee slides to 2-month low on 2nd COVID-19 wave in Europe
October 29, 2020 19:04 ISTThe rupee declined further by 23 paise to close at a two-month low of 74.10 against the US currency on Thursday, tracking weak domestic equities and strong dollar amid global risk aversion.
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Hiring activities in retail, e-commerce bouncing back: Report
October 29, 2020 18:15 ISTThe retail segment, which has been badly hit due to the lockdown restrictions, is bouncing back gradually with an uptick in hiring of 15 per cent in September when compared with the previous month, according to a report.
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Govt likely to extend Air India bid deadline to Dec 14; investors to get flexibility on debt
October 29, 2020 17:17 ISTThe government is likely to extend the deadline to bid for Air India till December 14 and also give flexibility to a potential investor to decide on the humongous debt with the national carrier, a source said.
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Gold Price Today: Gold declines Rs 121, silver plunges Rs 1,277
October 29, 2020 16:25 ISTGold prices fell Rs 121 to Rs 50,630 per 10 gram in the national capital on Thursday, according to HDFC Securities.
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Sensex sheds 173 points amid F&O expiry; Nifty slips below 11,700
October 29, 2020 16:21 ISTEquity benchmark Sensex tumbled 173 points on Thursday, tracking losses in index majors HDFC twins, L&T and HUL as volatility persisted amid expiry of month derivatives contracts.
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Global gold demand falls in July-Sept, investment demand still strong
October 29, 2020 14:43 ISTThe report noted that jewellery demand improved from the Q2 record low, the combination of continued social restrictions, economic slowdown and a strong gold price continued to impact demand from jewellery buyers.
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Competition for jobs in India spiked 30 per cent since 2019: LinkedIn data
October 29, 2020 13:24 ISTHiring in India continues to recover at a 12 per cent year-on-year growth rate in August 2020, but competition for jobs is 30 per cent higher than last year, according to professional network LinkedIn's labour market data.
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Dr Reddy's partners with BIRAC for COVID-19 vaccine Sputnik V clinical trials in India
October 29, 2020 12:13 ISTDr Reddy's Laboratories Ltd on Thursday announced its partnership with Biotechnology Industry Research Assistance Council (BIRAC), Department of Biotechnology (DBT), for advisory support on clinical trials of Sputnik V vaccine in India.
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HAL inks Rs 400-cr pact with Tech Mahindra for 'Project Parivartan'
October 29, 2020 11:48 ISTAs a system integrator, Tech Mahindra would implement Project Parivartanover a period of nine years at a cost of Rs 400 crore. "Tech Mahindra will transform the distributed application to a centralised application, for all the 20 divisions and R&D Centers of HAL based on a business transformation engineering process.
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Lower EMIs, credit card dues: Banks to repay interest even if you have not applied for moratorium
October 29, 2020 11:27 ISTThe moratorium was announced by the Reserve Bank of India in March as part of measures to mitigate economic hardships caused by the coronavirus-induced lockdown in the country.
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I-T refunds of Rs 1.26 lakh cr issued to 39.14 lakh taxpayers till Oct 27
October 28, 2020 20:04 ISTThe Income Tax department has issued refunds worth over Rs 1.26 lakh crore to over 39 lakh taxpayers this fiscal so far.
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SBI inks agreement with Japan Bank for USD 1 billion loan
October 28, 2020 19:37 ISTState Bank of India on Wednesday said it has signed an agreement with Japan Bank for International Cooperation (JBIC) for a loan worth USD 1 billion (around Rs 7,403 crore).
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Cipla launches antibody detection kit for coronavirus in India
October 28, 2020 19:29 ISTDrug firm Cipla on Wednesday announced the launch of antibody detection kits for COVID-19 in India under the brand name 'ELIFast' in partnership with KARWA Ltd, under the technology transfer from the Indian Council of Medical Research (ICMR).
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Gold Price Today: Gold rises Rs 188, silver jumps Rs 342
October 28, 2020 16:41 ISTGold prices rose by Rs 188 to Rs 51,220 per 10 gram in the national capital on Wednesday amid rupee depreciation, according to HDFC Securities.
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Sensex plunges 600 points; Nifty cracks below 11,750
October 28, 2020 16:35 ISTEquity benchmark Sensex plunged 600 points on Wednesday, tracking heavy losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a massive selloff in European markets.
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Haryana govt announces festive advance to over 2 lakh employees
October 28, 2020 16:30 ISTIn view of the upcoming festive season, the Haryana government has announced to give an advance amount for more than 2 lakh regular employees.
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Reforms in IPO rules, corporate bond market development discussed with US investors: Sebi
October 28, 2020 14:41 ISTEarly finalisation of the direct listing scheme, development of the corporate bond market, reforms in IPO norms and digitization of processes among other issues were discussed between Sebi and investors from the US.
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Ram Temple donation theft was suppressed to protect trust's reputation, Tinnu Yadav key conspirator
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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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Amid Mumbai rains, man finds hungry stray dog hiding inside flooded building. Video goes viral