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  Sensex ends 95 points higher in see-saw session

  September 30, 2020 16:05 IST

  Equity benchmark Sensex ended 95 points higher on Wednesday, tracking gains in index majors HDFC twins, HUL and ITC amid mixed cues from global markets. 

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  Gold Price Today: Gold falls Rs 26, silver declines Rs 201

  September 30, 2020 15:56 IST

  Gold prices declined marginally by Rs 26 to Rs 51,372 per 10 gram in the national capital on Wednesday amid weak global prices and rupee appreciation, according to HDFC Securities. 

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  India's current account surplus rises to USD 19.8 billion in June quarter

  September 30, 2020 14:44 IST

  According to Reserve Bank of India's data on India's Balance of Payments (BoP), a year-on-year basis the Q1FY21 surplus stood at $19.8 billion from a deficit of $15 billion reported for the corresponding period of the previous fiscal.

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  India's current account surplus rises to USD 19.8 billion in June quarter

  September 30, 2020 14:27 IST

  ​The country's current account surplus rose to USD 19.8 billion or 3.9 per cent of GDP in the June quarter as merchandise imports declined amid the COVID-19 pandemic, the Reserve Bank said on Wednesday.  

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  Amazon India creates over 1 lakh seasonal job opportunities ahead of festive season

  September 30, 2020 14:26 IST

  E-commerce major Amazon India on Wednesday said it has created more than one lakh seasonal job opportunities ahead of the festive season across its operations network in the country.

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  CBDT clarifies on 1% TDS on e-commerce transactions

  September 30, 2020 10:02 IST

  Providing clarification on the 1 per cent tax deducted at source (TDS) on e-commerce transactions, the CBDT on Tuesday said that that the payment gateway will not be required to deduct the tax under section 194-0 of the Income-Tax Act on a transaction, if the tax has been deducted by the ecommerce operator under the section concerned of the Act, on the same transaction.

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  General Atlantic to invest ₹3,675 crore in Reliance Retail for 0.84% stake

  September 30, 2020 9:12 IST

  General Atlantic, a leading US-based global growth equity firm, will invest Rs 3,675 crore for a 0.84 percent stake in Reliance Retail.    

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  Disney to lay off 28,000 theme park employees as coronavirus hammers businesses

  September 30, 2020 8:09 IST

  As many as 28,000 people are set to be laid off by Disney in the United States as the coronavirus pandemic continues to eat into businesses worldwide. 

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  I-T Dept issues guidelines for applicability of TCS provision with effect from Oct 1 

  September 29, 2020 22:40 IST

  The Income Tax Department on Tuesday issued guidelines for applicability of TCS provision which requires an e-commerce operator to deduct 1 per cent tax on the sale of goods and services with effect from October 1.

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  Coming up! 3 lakh jobs in e-com as Amazon, Flipkart ready festival sales

  September 29, 2020 21:25 IST

  With the festive season round the corner, e-commerce firms such as Amazon and Flipkart are ramping up their delivery capabilities, by investing in warehousing infrastructure as well as hiring more on-ground staff.

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  Lufthansa cancels all flights from India till Oct 20 after issue with DGCA

  September 29, 2020 23:24 IST

  Lufthansa Airtlines, largest German airline and combined with its subsidiaries, is the second largest airline in Europe in terms of passengers carried, has cancelled all flights from India between September 30 to October 20 after issue with DGCA on number of flights allowed per week.

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  Indian Bank unveils IB-eNote facility

  September 29, 2020 19:30 IST

  Public sector Indian Bank has unveiled its IB-eNote facility, aimed at providing a paperless working environment and to improve the turnaround time considerably.

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  Amazon infuses Rs 1,125cr into India unit ahead of festive sales

  September 29, 2020 17:03 IST

  US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents.

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  Sensex, Nifty end marginally lower after choppy trade

  September 29, 2020 16:25 IST

  Equity benchmarks Sensex and Nifty ended marginally lower on Tuesday amid lack of directional cues from domestic as well as global markets.

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  Hurun India Rich list 2020: Mukesh Ambani tops for 9th consecutive year | Check top 10 billionaires

  September 29, 2020 14:19 IST

  IIFL Wealth Hurun India Rich List 2020: Reliance Industries MD and chairman Mukesh Ambani continues to be the richest Indian for the ninth consecutive year on Hurun India Rich List 2020 with Rs 6,58,400 crore of personal wealth.

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  Tata App: Walmart likely to join hands with Tata Group, may invest up to $25 bn in super app

  September 29, 2020 12:47 IST

  Walmart Inc. is in talks with Tata Group for an investment of up to $25 billion in the proposed "super app" of the salt-to-software conglomerate, the Mint newspaper reported on Tuesday, citing people familiar with the matter.

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  UTI AMC garners Rs 645 cr from anchor investors; IPO opens for subscription

  September 29, 2020 10:19 IST

  UTI Asset Management Company (AMC) has raised Rs 645 crore from anchor investors as its initial share-sale opens for public subscription on Tuesday.

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  Week after Google ban, Paytm brings back IPL-led Cricket League with UPI cashback, scratch cards

  September 29, 2020 10:06 IST

  Fintech major Paytm on Monday said it has brought back ''Paytm Cricket League'' with UPI cashback and scratch cards on its platform, weeks after these features were removed after Google briefly blocked the app on Play store for policy violation.

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  Air India's insistence on security scanning of mortal remains causing distress: Community leaders

  September 29, 2020 8:19 IST

  Government officials, familiar with the process of transportation of mortal remains and airport security in the US, have said that Air India is the only airline to be insisting upon security scanning of mortal remains.

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  No kidding! Air India plans to start flights that go nowhere, to take wanderlust for a 'scenic ride'

  September 28, 2020 20:31 IST

  Air India is planning to start a new initiative for those who want to travel but have nowhere to go. Under 'flights to nowhere' programme, Air India will take the travellers for a picturesque journey in the sky

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  Bank Holidays in October 2020: Banks to remain closed on these days; Check full list

  October 01, 2020 16:56 IST

  Bank Holidays in October 2020: All private and public sector banks in India remain closed on Sundays, as well as on the second and fourth Saturdays of every month. Besides this, banks remain closed on various public and national and regional public holidays as well.

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  Sensex rallies 593 points; financial, auto stocks take charge

  September 28, 2020 16:09 IST

  Equity benchmark Sensex rallied 593 points on Monday, driven by intense buying in mainly financial and auto stocks amid strong cues from global markets. 

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  India will be second-largest economy by 2050: Gautam Adani debunks GDP rhetoric

  September 28, 2020 15:55 IST

  Billionaire Gautam Adani has debunked the narrow fixation on GDP numbers, saying fundamentals are intact and India will be the second-largest economy by 2050 and has an edge over global peers in terms of business opportunities. 

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  RBI reschedules MPC meeting, new dates to be announced shortly

  September 28, 2020 14:55 IST

  The central bank, however, did not give any reason for rescheduling the meet. The interest-setting panel was scheduled to meet for three-days beginning Tuesday for RBI’s bi-monthly monetary policy review.

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  SBI Festive Offers: Bank waives processing fee on loans; offers special benefits on home, auto loans

  September 28, 2020 14:52 IST

  India's largest bank has announced a 100% waiver in the processing fee for all customers applying for car, gold, and personal loan through YONO. SBI is offering the lowest interest rate starting from 7.5% to customers opting for the car loan. They will also get 100% on-road finance on select models.

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  Delhi airport to resume flight operations at T2 terminal from October 1

  September 28, 2020 13:53 IST

  The airport has been operating flights from the T3 terminal only since March 23, when flight operations in India were curtailed drastically due to the coronavirus pandemic.

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  Fuel Price Today: Diesel prices fall again, petrol unchanged

  September 28, 2020 12:15 IST

  Diesel prices continued its downward movement on Monday on the back of subdued product prices and almost steady crude oil prices globally.

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  Printing 'best before date' on sweets must from Oct 1

  September 27, 2020 19:10 IST

  The sweet shops will have to display the 'best before date' on the sweets kept in a container or tray for sale at their outlets. The new norm will be in force from October 1.