More From Economy
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Gold Price Today: Gold declines Rs 614, silver tanks Rs 1,799
September 02, 2020 16:28 ISTGold prices in the national capital declined Rs 614 to Rs 52,314 per 10 gram on Wednesday tracking weakness in the international market, according to HDFC Securities.
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Sensex ends 185 points higher; Nifty tops 11,500
September 09, 2020 16:28 ISTThe BSE Sensex jumped 185 points on Wednesday, tracking gains in Reliance Industries, M&M and Infosys amid a largely positive trend in global markets and sustained foreign fund inflows.
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Flipkart Wholesale launches B2B marketplace for kiranas, MSMEs
September 02, 2020 15:08 ISTE-commerce platform Flipkart on Wednesday launched operations of its digital business-to-business marketplace, Flipkart Wholesale, with an aim to connect local manufacturers with retailers and bring the entire wholesale marketplace at their fingertips.
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Gautam Adani says airports to create adjacencies for group businesses
September 02, 2020 14:30 ISTBillionaire Gautam Adani on Wednesday said his ports-to-energy conglomerate acquiring a controlling stake in Mumbai airport will help expand its existing portfolio of six airports and create strategic adjacencies for the group's other businesses.
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Rourkela Steel Plant creates records in production, dispatch
September 02, 2020 7:57 ISTRourkela Steel Plant, a unit of the state-run SAIL, has registered a record monthly production of 3,33,840 tonne of hot metal in August, a statement said on Tuesday. The monthly road dispatch of prime material at 54,183 tonne was also an all-time high.
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Shares of Apple's manufacturing partners rise on news of 75 million new 5G phones
September 01, 2020 22:39 ISTApple, the silicon valley's tech giant, manufacturing partners and suppliers share witnessed a rise on Tuesday as the company ramped up production of products ahead of the annual launch of the new iPhone line up, watch series, and other exclusive gadgets.
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COVID-19 effect: Vistara introduces 3 days of leave without pay for pilots in September
September 01, 2020 21:55 ISTVistara has decided to introduce three days of leave without pay for its pilots in September amid the airline industry continuing to grapple with weak travel demand due to the coronavirus pandemic.
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Infosys to hire 12,000 American workers in two years
September 01, 2020 21:16 ISTIndia's second-largest IT firm Infosys on Tuesday said it plans to hire 12,000 American workers over the next two years, taking its hiring commitment in the country to 25,000 over five years.
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RBI's new current account norms make foreign banks jittery
September 01, 2020 18:54 ISTAs per the latest RBI guidelines, a bank opening a dedicated current account of any company with Rs 50 crore or more in debt must have at least 10 per cent loan exposure in the concerned business entity.
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GST collection at Rs 86,449 crore in August
September 01, 2020 18:45 ISTThe gross GST collection in August stood at Rs 86,449 crore, down from Rs 87,422 crore collected in July, the Finance Ministry said on Tuesday.
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Adani ranked as the largest solar power generation owner in the world
September 01, 2020 17:55 ISTThe Adani group is one of the most fully integrated solar players in the world, manufacturing solar cells and modules, undertaking project development, construction, financial structuring and owning and operating its assets through its internal asset management platform.
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J&K govt withdraws 50 per cent 'corona tax' on liquor
September 01, 2020 17:37 ISTThe Jammu and Kashmir administration on Tuesday withdrew the additional excise duty of 50 per cent levied on liquor after the outbreak of COVID-19 as a new excise policy for the remainder of 2020-2021 financial year came into force in the Union Territory, a senior government officer said.
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Vodafone Idea cracks nearly 13 pc after AGR verdict; Bharti Airtel rises more than 6 pc
September 01, 2020 17:29 ISTShares of Vodafone Idea tumbled nearly 13 per cent, while those of Bharti Airtel rose more than 6 per cent after the Supreme Court granted 10 years to telecom firms for paying the AGR-related dues to the Department of Telecommunications with certain conditions.
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Gold Price Today: Gold price climbs Rs 418 on global trends
September 01, 2020 16:36 ISTGold price rose by Rs 418 to Rs 52,963 per 10 grams in the national capital on Tuesday following a rally in the yellow metal in the international market, according to HDFC Securities.
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Sensex ends 273 points higher; Bharti Airtel soars 6 per cent
September 01, 2020 16:07 ISTThe BSE benchmark Sensex spurted nearly 273 points on Tuesday, led by gains in Bharti Airtel, HUL and Reliance Industries amid a positive trend in global markets.
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BPCL will commission Bokaro LPG bottling plant in December
September 01, 2020 15:58 ISTThe Bokaro LPG bottling of Bharat Petroleum Corporation Limited (BPCL) will be commissioned in December this year. The Bokaro plant will be the first state of art LPG bottling plant in Jharkhand and will have a capacity of over four million cylinders annually.
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Pragati Ka Highway: Delhi to Meerut in 45 mins. Expressway to be ready by December
September 01, 2020 15:47 ISTWith the completion of Delhi-Meerut Expressway, the total time taken from Delhi to Meerut in Uttar Pradesh will be around 45 minutes instead of over 1.30 hours taken currently.
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In falling GDP, Agriculture output is only positive
September 01, 2020 14:52 ISTThe Gross Domestic Product (GDP) had grown by 5.2 per cent in the corresponding quarter of FY2019-20. In the quarter just preceding Q1 FY21, the economic growth was at 3.1 per cent. The country had observed mobility restrictions as mandated under the lockdown measures for the better part of the first quarter of FY21.
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Airtel Payments Bank brings banking services to over 1,650 unbanked villages in Chhattisgarh
September 01, 2020 14:51 ISTBy March 2021, the bank plans to grow its neighborhood banking points in the State by 40% to 9000 and contribute to financial inclusion through simplified digital banking.
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Loan moratorium period extendable by 2 years: Centre tells SC
September 01, 2020 12:05 ISTThe Centre and RBI on Tuesday told the Supreme Court that the moratorium period on repayment of loans amid the COVID-19 pandemic is “extendable” by two years.
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Elon Musk pips Zuckerberg to become World's 3rd richest person
September 01, 2020 10:37 ISTElon Musk on Monday became the third richest person in the world after the shares of Tesla rallied after undergoing a forward stock split. According to the Bloomberg Billionaires Index, Musk was worth $111.3 billion compared with $110.5 billion for Zuckerberg on Monday.
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West Bengal allows bars to reopen during Unlock 4.0
August 31, 2020 22:46 ISTRestaurants serving liquor can do so by allowing only 50 per cent of total occupancy at a time and following all coronavirus guidelines.
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Maharashtra allows reopening of hotels, interdistrict travel and more in Unlock 4.0 | Key takeaways
August 31, 2020 23:42 ISTAnnouncing Unlock 4 guidelines, the Maharashtra government has allowed hotels to reopen, interdistrict transport of goods and persons, private and minibus, and also offices with 30 per cent staff.
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India's GDP growth falls by 23.9% in April-June quarter, sharpest contraction on record
August 31, 2020 18:11 ISTAs per the data released by the National Statistical Office (NSO), India’s Gross Domestic Product (GDP) for the April-June quarter (Q1) slipped by a sharp 23.9 per cent.
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UIDAI's Aadhaar card services enabled by Paytm Payments Bank: All you need to know
August 31, 2020 18:45 ISTPaytm Payments Bank Ltd (PPBL) has enabled banking services via Aadhaar cards for its customers. Integrating the Aadhaar enabled Payment System (AePS), PPBL's customers will now be able to access to basic banking services such as cash withdrawal, balance enquiry and obtain a mini statement through the business correspondent of any banking and financial institution in the country.
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RBI announces steps to ease pressure on liquidity: All you need to know
August 31, 2020 17:27 ISTRBI has announced term repo operations totalling Rs 1 lakh crore in mid-September to ease pressure on the liquidity and maintain congenial financial conditions with a view to ensuring sustainable recovery of economic growth.
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SpiceJet launches SpiceOxy: A compact, portable, non-invasive ventilation device
August 31, 2020 17:27 ISTDriving through challenging times amid the pandemic, SpiceJet has launched 'SpiceOxy' — compact, portable, non-invasive ventilation device, which is an effective solution for patients with mild to moderate breathing issues.
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Ford promotes Freestyle Flair edition in partnership with JioSaavn, Google search innovations
August 31, 2020 16:50 ISTFord India is back to set a new benchmark with the launch campaign of Ford Freestyle Flair Edition featuring a fun-memorable Google search and the addition of JioSaavn to suit every mood. In order to complement the exciting character of its Compact-Utility-Vehicle (CUV), Ford has adopted a unique, fun and quirky way to market Freestyle Flair by influencing search behaviour on Google and through exclusive Freestyle playlists on India's largest streaming platform, JioSaavn.
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Acne or fungal acne? Dermatologist explains how to tell the difference during the monsoon
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Man claims Bengaluru airport commute is longer than his Kolkata flight, internet weighs in
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Ex-Qatar Emir Sheikh Hamad bin Khalifa Al Thani dies: All about leader who transformed Gulf nation
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Keep seeing 11:11 everywhere? A numerology expert explains what it could mean
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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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Daughter returns from Germany after four years, leaves mother in tears with two gold jewellery sets
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Amid Mumbai rains, man finds hungry stray dog hiding inside flooded building. Video goes viral
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AC coach or bar? Viral video shows men mixing drinks on moving train; Railways responds
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Stray bull climbs onto shop roof to escape heavy rain in Muzaffarnagar, falls during dramatic rescue