• 

  11 Indian companies in Hurun Global 500 list, Mukesh Ambani's Reliance leads among local enterprises

  January 12, 2021 17:34 IST

  Mukesh Ambani-led Reliance Industries leads among the local enterprises with a 20.5 per cent jump in valuation to USD 168.8 billion as of December 1 and is ranked 54th globally, as per the list.  

• 

  Gold Price Today: Gold rises Rs 297; silver jumps Rs 1,404

  January 12, 2021 16:31 IST

  Gold prices jumped for the second consecutive day gaining Rs 297 to Rs 48,946 per 10 gram in the national capital on Tuesday, in line with rally in international precious metal prices, according to HDFC Securities.

• 

  Sensex jumps 248 points to end at new peak; Nifty tops 14,500

  January 12, 2021 16:11 IST

  Equity benchmark Sensex jumped 248 points to end at a fresh life-time high on Tuesday, tracking gains in index heavyweights Reliance Industries, HDFC Bank and Bharti Airtel amid positive global cues and persistent FPI inflows. 

• 

  PepsiCo selects 10 emerging innovators including one from India for mentoring

  January 12, 2021 15:51 IST

  Food and beverages major PepsiCo on Tuesday announced a list of 10 global emerging innovators including India's Biosustain Labs, each of which will get a grant of USD 20,000 and mentoring support under its fifth 'Greenhouse Accelerator' program.

• 

  BMW drives in 2 Series Gran Coupe with petrol powertrain priced at Rs 40.9 lakh

  January 12, 2021 13:54 IST

  Introduced with its M Sport package, the new BMW 220i is locally produced at the company's Chennai-based manufacturing plant, the automaker said in a statement.

• 

  CBDT rejects further extension of I-T returns due date, says pay penalty if not filed ITR

  January 12, 2021 12:58 IST

  The income tax department had received several representations to further extend dates for filing returns as disruptions caused pandemic had continued to create problems for various taxpayers.

• 

  GoAir begins vaccine delivery; Operates flight to Chennai from Pune containing 70,800 vials

  January 12, 2021 12:45 IST

  The flight took off for Chennai from Pune early morning on Tuesday, carrying 70,800 vials (7,08,000 doses) of the vaccine, according to GoAir.

• 

  Budget 2021: Govt should provide additional funds, incentives for agri sector, say experts

  January 12, 2021 12:19 IST

  Referring to the successful PM-KISAN scheme under which Rs 6,000 is paid annually directly into farmers bank accounts, he said the DBT mechanism should be fine-tuned and gradually should be utilized to support farmers in lieu of other subsidies.

• 

  Sensex slips over 100 points in early trade; Nifty tests 14,450

  January 12, 2021 10:18 IST

  Equity benchmark Sensex dropped over 100 points in early trade on Tuesday, tracking losses in index-heavyweights HDFC, Kotak Bank and ICICI Bank despite largely positive trend in global equities and sustained FPI inflow.

• 

  Middle class to gain from higher tax deductions likely in Budget 2021

  January 11, 2021 23:16 IST

  Budget 2021: Middle class tax payers may get a lot to cheer about the Budget proposals to be presented by Finance Minister Nirmala Sitharaman next month.  

• 

  Paytm founder asks Indians to join Signal, shun WhatsApp

  January 11, 2021 23:02 IST

  Paytm founder Vijay Shekhar Sharma, who fought a bitter war with Google recently, took to Twitter on Monday and urged Indian users to move to encrypted Signal app and shun WhatsApp.  

• 

  11th instalment of Rs 6,000 crore for GST compensation shortfall released

  January 11, 2021 22:44 IST

  The Union Finance Ministry has released the 11th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.  

• 

  RBI cancels licence of THIS bank. Check details

  January 11, 2021 21:08 IST

  The RBI on Monday said it has cancelled the licence of Vasantdada Nagari Sahakari Bank, Osmanabad, Maharashtra as the bank would be unable to pay its present depositors in full in its current financial position.  

• 

  Booming markets: RBI Governor warns stretched valuations pose financial stability risk

  January 11, 2021 21:05 IST

  There is a disconnect between booming markets and economic activity, Reserve Bank Governor Shaktikanta Das said on Monday, warning that the stretched valuations of financial assets pose a risk to financial stability.

• 

  COVID-19 impact: Govt not to print Budget documents this year

  January 11, 2021 18:58 IST

  ​The voluminous Budget documents will not be printed this year following the COVID-19 protocol and will instead be distributed electronically to the Members of Parliament (MPs).

• 

  Gold Price Today: Gold rises Rs 389, silver jumps Rs 1,137

  January 11, 2021 16:31 IST

  Gold prices on Monday gained Rs 389 to Rs 48,866 per 10 gram in the national capital, in line with the rise in global price of the yellow metal and rupee depreciation, according to HDFC Securities.

• 

  Sensex rallies 487 points to close above 49,000 for first time; IT stocks shine

  January 11, 2021 16:09 IST

  Equity benchmark Sensex rallied 487 points on Monday to close at a fresh lifetime peak, tracking gains in Infosys, HDFC twins and HCL Tech amid massive foreign fund inflows.

• 

  TCS shares gain over 3 pc; m-cap rises past Rs 12 lakh cr mark after Dec earnings

  January 11, 2021 12:25 IST

  Shares of Tata Consultancy Services on Monday gained over 3 per cent after the company reported a 7.2 per cent jump in December quarter net on a consolidated basis.

• 

  Sensex tops 49,000-mark for first time amid positive trend in global equities

  January 11, 2021 10:44 IST

  In the previous session, the Sensex had closed 689.19 points or 1.43 per cent higher at 48,782.51, while Nifty rallied 209.90 points or 1.48 per cent to close at its record high of 14,347.25.

• 

  GST authorities arrest 215 persons in fake invoice cases, recover over Rs 700 crore in 2 months

  January 10, 2021 19:02 IST

  GST intelligence authorities have registered about 2,200 cases and unearthed more than 6,600 fake GSTIN entities during this period, sources said.

• 

  Traders ask govt to ban WhatsApp and Facebook over new privacy policy

  January 10, 2021 14:00 IST

  Facebook has more than 200 million users in India and enabling it to access data about every user by a company can pose a serious threat to not only the economy but even to the security of the country.

• 

  Poultry industry hit by bird flu fears, chicken prices drop by 50%

  January 10, 2021 13:38 IST

  After the coronavirus pandemic wreaked havoc on the country's poultry industry, it is now reeling under the fresh threat of the bird flu infection.

• 

  Labour ministry likely to give shape to National Employment Policy by December

  January 10, 2021 12:37 IST

  The Ministry of Labour and Employment is likely to give a shape to the National Employment Policy by December this year following the implementation of four labour codes and completion of four major surveys, including one migrant workers.

• 

  Big bank fraud! Hyderabad-based company dupes SBI, other banks for over Rs 4,736 crore

  January 09, 2021 17:17 IST

  The Central Bureau of Investigation (CBI) on Saturday booked Hyderabad-based Coastal Projects Ltd and its directors in connection with over Rs 4,736 crore bank fraud in a consortium of banks led by the State Bank of India (SBI).

• 

  Kerala lottery overcomes COVID-19 crisis, records increase in weekly ticket sales

  January 09, 2021 12:52 IST

  The Kerala lottery department has made unprecedented gains in the weekly ticket sales in the state overcoming the crisis triggered by the COVID-19 pandemic, as the sales soar in the last few months.

• 

  Apple made $64 billion from App Store in Covid-hit 2020: Report

  January 09, 2021 12:36 IST

  Beginning this year, Apple is charging smaller developers who make less than $1 million per year on its platforms 15 per cent fee, instead of 30 per cent.

• 

  PAN-Aadhaar based KYC mandatory for cash purchase of gold, silver jewellery? Govt clarifies

  January 09, 2021 11:21 IST

  According to sources, one of the recommendations requires the DPMS sector to fulfil obligations of Customer Due Diligence (CDD) when they conduct cash transactions above a certain limit (USD/EUR 15,000). India is a member of FATF since 2010.

• 

  Gold to glitter more in 2021! Yellow metal to break records - Predictions

  January 09, 2021 10:00 IST

  Gold to glitter more in 2021! Yellow metal to break records - Predictions