Rupee settles 2 paise lower at 74.09 against U.S. dollar

The dollar index rose 0.22% to 90.80.

from The Hindu - Business

Sensex sees a big fall, slumps 984 points, Nifty ends below 14,650; financial stocks lead sell off

HDFC twins were the top losers in the Sensex pack, shedding over 4 percent, followed by ICICI Bank, Kotak Bank, Asian Paints, M&M, HUL, TCS, and Maruti. On the other hand, ONGC, Sun Pharma, Dr. Reddy, and Bajaj Auto were the gainers.

from Zee News :Business

Sensex Plunges 984 pts, Ends Below 49,000; Financial Stocks Lead Sell-off

Stock Market: The 30-share BSE index sank 983.58 points or 1.98 per cent to finish at 48,782.36

from Top Business News- News18.com

Sensex nosedives 984 points; financial stocks lead sell-off

Barring pharma, metals and IT, most of key sectoral indices saw selling pressure.

from The Hindu - Business

Govt sets record 104.3 million tonne rice production target for 2021-22 kharif season

The government on Friday set a record rice production target of 104.3 million tonne for the kharif season of 2021-22 crop year (July-June).Rice is t

from The Hindu - Business

Government to import 4.5 lakh vials of Remdesivir

The government has placed orders for import of 4.5 lakh vials of antiviral drug Remdesivir with the first consignment of 75,000 vials expected to rea

from The Hindu - Business

AstraZeneca Makes $275 Million in Sales from Covid-19 Vaccine

AstraZeneca's Covid-19 jab was developed with the University of Oxford and has been key in Britain's rapid vaccination drive. The company is selling it at cost price.

from Top Business News- News18.com

Axis Bank ATM Cash Withdrawal, Non-maintenance of Balance Charges Set to Increase from May. Details Here

Have an account in Axis Bank? From the average monthly balance requirement to cash withdrawal charges, the lender has changed a host of rules, effective from May 1

from Top Business News- News18.com

Rahul Bajaj Steps Down as the Chairman of Bajaj Auto, Niraj Bajaj to Take Over

The company has appointed Niraj Bajaj as Chairman with effect from May 1, 2021. Rahul Bajaj would continue as Chairman Emeritus of the company for 5 years

from Top Business News- News18.com

IBM to acquire software provider Turbonomic for over $1.5 bln

The acquisition is IBM's 11th since Arvind Krishna became chief executive last year. Krishna has been leading a major transformation, doubling down on the hybrid cloud and artificial intelligence areas.

from The Hindu - Business

Twitter shares fall as it warns of fizzling user growth, rising costs

The San Francisco-based company reported 199 million daily active users, up 20% year-over-year, compared to analysts' estimates of 200 million, according to FactSet data.

from The Hindu - Business

Ford to decide on India investment plan in second half of 2021

Ford is not the first western automaker to struggle to win over India’s frugal buyers and turn a profit.

from The Hindu - Business

Why Apple has chips for iPhones while Ford got caught short

The contrasting results show how major players in the electronics industry, accustomed to the long time horizons of chip production, have mostly avoided major disruptions from the chip shortage

from The Hindu - Business

Gold Price Today, 30 April 2021: Gold prices continues to fall, check prices in metro cities

The 22-carat gold in Mumbai is priced at Rs 44,480 and Rs 45,480 for 24-carat. Meanwhile, in Delhi, the gold rate is Rs 45,680 for 22-carat and Rs 49,860 for 24-carat.  In Chennai,gold is sold at Rs 44,370 for 22-carat and Rs 48,390 for 24-carat. 

from Zee News :Business

SBI feels the heat! Business activity index hits new low in April due to COVID-19 pandemic

This indicates the disruption caused by increased lockdowns and restrictions imposed in various states, is now having a meaningful impact on economic activity. All the indicators, except for labour participation and electricity consumption have declined significantly during April, indicating that labour market disruptions are still manageable unlike the first wave, it said.

from Zee News :Business

India's oxygen crisis to ease by mid-May, output to jump 25%: Linde Plc

Medical oxygen consumption in India has shot up more than eight-fold from usual levels to about 7,200 tonnes per day this month

from The Hindu - Business

Gold Price Today, April 30: Yellow Metal See Steady Decline, Silver Prices On The Rise

Gold Price Today: The rate for 10 grams of 24-carat gold also fell at a similar pace, which currently stands at Rs 45,470 compared to Rs 45,480 on the earlier day.

from Top Business News- News18.com

Reliance Industries, Titan Company, L&T Finance: Top Stocks For Investors on April 30

At 09:02 IST, the BSE Sensex was down 189.42 points or 0.38 percent at 49,576.52, while the Nifty was down 149.50 points or 1.00 percent at 14,745.40.

from Top Business News- News18.com

Looking for funds amid pandemic? Try these options

Planning finances have become very important these days.  Many of them are facing a liquidity crisis at present and to eradicate that, it is important to have options available to get the much-needed additional money. 

from Zee News :Business

Market update: Sensex down by 400 points, Nifty below 14,800

Sensex opened 0.81 percent, or 405.05 points, lower at 49,360.89, while the Nifty50 index opened at 14,747.35, down 147.55 points, or 0.99 percent. Midcap and smallcap indices saw a decline of over half a percent each. Among sectoral indices, banks, metals, financial services, and auto suffered loss, while gains were seen in Nifty IT and Nifty Pharma.

from Zee News :Business

Axis Bank, TVS Motors, Britannia Industries: Top Stocks For Investors on April 30

At 09:02 IST, the BSE Sensex was down 189.42 points or 0.38 percent at 49,576.52, while the Nifty was down 149.50 points or 1.00 percent at 14,745.40.

from Top Business News- News18.com

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from The Hindu - Business

Bank Holidays in May 2021: Know When You Can Visit Your Nearby Branch

Banking holidays depend on festivals being observed in specific states and might vary from state to state. Considering all the factors, here’s a list of bank holidays for May 2021

from Top Business News- News18.com

Vedanta pledges ₹ 150 crore to help India fight against COVID-19

The company will create additional capacity of 1,000 critical care beds.

from The Hindu - Business

CCI Approves Acquisition of Alibaba-Backed BigBasket by Tata Sons

The move comes as e-commerce sales, especially of food and groceries, have exploded in India as the Covid-19 pandemic spurred a shift to online shopping.

from Top Business News- News18.com

EPF Withdrawal Rules: Here's How to Buy Your Dream Home with the Help of PF

Considering the fact that over 70 per cent of Indians contribute to the working population of India, the central government has come up with numerous schemes to make it easier for the general public to buy a property.

from Top Business News- News18.com

PowerGrid InvIT IPO Opens Today: Here Are 5 Key Things to Know Before Subscribing

The company's revenue from operations for the past nine months ended with December 2020 at Rs 992.3 crore, FY20 at Rs 1,324.3 crore, FY19 at Rs 977.16 crore and FY18 at Rs 343.57 crore.

from Top Business News- News18.com

How to complain against hospitals if they refuse to give you cashless treatment

Insurance Regulatory and Development Authority (IRDAI) has said, “There are reports of certain network providers (hospitals) charging high rates and insisting on cash payments from the policyholders for providing treatment to COVID-19 infected patients despite having a cashless arrangement with Insurers”.

from Zee News :Business

Ford announces new lab to develop lithium-ion, solid-state vehicle batteries

Opening next year, the $185 million lab in Michigan, U.S., will develop, test and build lithium-ion and solid-state vehicle battery cells and arrays with a cross-functional team of 150 experts.

from The Hindu - Business

Tatas deal to buy up to 64.3 % stake in BigBasket gets CCI approval

Tata Digital Ltd will purchase up to 64.3 % of the total share capital of Supermarket Grocery Supplies Pvt Ltd.

from The Hindu - Business

India’s gold demand could falter in June quarter on COVID-19 lockdowns

Appetite for gold soared in the first quarter on pent-up demand after weddings were delayed in 2020 due to the COVID-19 pandemic.

from The Hindu - Business

COVID-19: Gram panchayats ban entry of cold drinks, ice creams

FMCG manufacturers were betting on the speedy recovery of the rural economy after the first wave of Covid-19. 

from Zee News :Business

Market update: Sensex surges 150 points, Nifty extends gains

FIIs had invested worth Rs 766.02cr in cash, and Rs 436.2cr in Index futures in Indian markets on Wednesday.

from Zee News :Business

Good news! Families of frontline workers to get Rs 100 crore from THIS company

Healthcare workers are working round the clock to save the lives of lakhs of Indians battling Covid-19. 

from Zee News :Business

Honda Motorcycle to halt production from May 1-15

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) on Thursday announced a temporary 15-day halt of its production operations across its all four

from The Hindu - Business

Sensex rallies over 600 points in early trade

While, the 30-share BSE index reclaimed the 50,000-level, the NSE surged 1.14 per cent

from The Hindu - Business

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Updates from the world of economy, markets, and finance

from The Hindu - Business

CUMI Q4 net profit declines 8%

Carborundum Universal Ltd.’s (CUMI) standalone net profit for the fourth quarter ended March declined by about 8% to ₹58 crore from ₹62 crore in the y

from The Hindu - Business

SCL net rises 34% on higher sales volume

Sundaram-Clayton Ltd. posted 34% growth in standalone net profit to ₹83 crore on improved sales volume, for the quarter ended March. Revenue from oper

from The Hindu - Business

SBI board approves plan to raise $2 bn

The country’s largest lender SBI said its central board, at its meeting on Wednesday, has approved raising up to $2 billion (about ₹14,880 crore) thr

from The Hindu - Business

Gold Price Today, April 29: Gold Prices See Steady Decline, Silver On The Rise

The gold price also observed variations in its price in different cities following the national trend.

from Top Business News- News18.com

Axis Bank, TVS Motors, Britannia Industries: Top Stocks For Investors on April 29

At 09:03 IST, the BSE Sensex was up 356.27 points or 0.72 percent at 50,090.11, while the Nifty was up 102.30 points or 0.69 percent at 14966.80.

from Top Business News- News18.com

Sensex Soars 790 Pts, Nifty Tops 14,864 as Financial Stocks Shine

The 30-share BSE index ended 789.70 points or 1.61 per cent higher at 49,733.84

from Top Business News- News18.com

Jio Platforms, Byju's in Time Magazine's First-ever List of 100 Most Influential Firms

On its website, Time said companies shaping the future are at the heart of the first ever TIME100 Most Influential Companies

from Top Business News- News18.com

Oil Prices Extend Gains as Demand Outlook Offsets India Concerns

OPEC, Russia and their allies stuck to their plans for a gradual easing of oil production restrictions from May to July, after OPEC raised slightly its demand growth for 2021 to 6 million barrels per day.

from Top Business News- News18.com

Beware Before You Scan QR Code: SBI Explains How to Avoid Online Transaction Fraud

State Bank of India has also shared the link of a YouTube video elaborating how these activities are carried out

from Top Business News- News18.com

MSN Labs launches generic Favipiravir tablets for COVID-19 treatment

MSN Laboratories on Wednesday said it has launched the generic version of antiviral drug Favipiravir in 800 mg strength for treating mild and modera

from The Hindu - Business

India’s second wave of COVID-19 infections may dent smartphone shipments: report

Smartphone shipments grew nearly 23% in the first three months of 2021 compared to last year, crossing 38 million units

from The Hindu - Business

Alphabet sets profit record, plans $50 billion buyback

The results provided the first sign that Google services such as search and YouTube may hold on to gains made since lockdowns and other pandemic restrictions forced people to shop and communicate online over the last year

from The Hindu - Business

Zomato files papers for Rs 8,250 crore IPO

The company's revenue in FY20 jumped over two-fold to around Rs 2,960 crore as compared to 2018-19 fiscal.

from Zee News :Business

Microsoft sales grow on cloud strength, shares dip on heightened valuation

Booming sales in personal computers for working from home have also helped boost the company's Windows operating system business, Microsoft said

from The Hindu - Business

Can’t pay 28 days’ salary in name of paid leave to any worker infected with coronavirus: Report

The Gautam Buddh Nagar district administration had recently ordered that any worker or employee infected with coronavirus and in isolation for treatment will get 28 days of paid leave from their employer across Noida and Greater Noida.

from Zee News :Business

Zomato files papers for ₹ 8,250-crore IPO

The online food delivery segment has seen significant growth in the last few years.

from The Hindu - Business

Sensex surges over 350 pts in early trade, Nifty tests 14,750

Bajaj Finance was the top gainer in the Sensex pack, rising around 3%.

from The Hindu - Business

Russia fines Apple $12 mln for alleged app market abuse

The FAS said in a statement it had imposed a turnover fine on Apple of 906.3 million roubles ($12.1 million) for the alleged violation of Russian anti-monopoly legislation

from The Hindu - Business

EU to hit Apple with antitrust charge this week

Sweden's Spotify took its grievance to the European Commission in 2019, saying Apple unfairly restricts rivals to its own music steaming service Apple Music

from The Hindu - Business

India’s GDP to grow at 11% this fiscal, says ADB

The Asian Development Bank cautioned that the surge in COVID-19 cases may put India’s economic recovery at risk.

from The Hindu - Business

Rupee surges 22 paise to ₹74.44 against the U.S. dollar in early trade

In the previous session, the rupee had settled at 74.66 against the American currency.

from The Hindu - Business

Regulation may be needed for Apple, Google app stores if changes not made: Australian regulator

Apple and Google representatives told senators that their tight control over their stores and the associated revenue-sharing requirements were needed to enforce and pay for security measures to protect consumers from harmful apps and practices

from The Hindu - Business

ADB sees India grow by 11%, adds caveat

Lender sees ‘considerable downside risk’ from latest COVID wave, says may revise forecast in July

from The Hindu - Business

COVID-19 relief: Govt. allows businesses to verify monthly GST returns through EVC till May 31

Currently, businesses are required to digitally sign the GSTR-3B form while filing the monthly return and paying taxes.

from The Hindu - Business

Bank holidays May 2021: Banks to remain closed for 12 days in total, check out important dates

Holidays of the mentioned days will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country.

from Zee News :Business

Sensex surges over 350 points in early trade; Nifty tests 14,750

Bajaj Finance was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bajaj Finserv, Bajaj Auto, SBI, IndusInd Bank, M&M, Bharti Airtel, HDFC twins, Kotak Bank and Infosys.

from Zee News :Business

Gold Price Today, April 28, 2021: Gold Prices See a Decline, Silver on the Rise

The price of silver witnessed a marginal rise of Re 2 per 10 gram.

from Top Business News- News18.com

Axis Bank, TVS Motors, Britannia Industries: Top Stocks For Investors on April 28

The BSE Sensex at 09:02 am IST was up 279.06 points or 0.57 percent at 49,223.20, while the Nifty was down 91.50 points or 0.62 percent at 14,744.50.

from Top Business News- News18.com

Samsung Heirs To Pay Over $10 Billion, Donate Mass Art Trove in Inheritance Tax

The Lee family, including his wife and three children, expects to pay more than 12 trillion won ($10.8 billion) in taxes related to inheritance, Samsung said

from Top Business News- News18.com

Oil Falls as India Crisis, US Stocks Build Dampen Confidence in Fuel Demand Recovery

The rapid spread of Covid-19 infections in India has stalled oil price gains with fuel use and refinery output dropping in the country, the world's third largest oil consumer.

from Top Business News- News18.com

PM Kisan 8th instalment: Rs 2000 to be deposited on beneficiary account on this date! How to file complaint if your name is not on the list

The wait for the 8th installment of the Pradhan Mantri Kisan Samman Nidhi Yojana is all set to end soon. Eligible farming families will get Rs 2000 in their bank account.

from Zee News :Business

Petrol, Diesel Prices Today, April 28, 2021: Fuel prices remain unchanged for 13th straight day; check prices in metro cities

Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.

from Zee News :Business

Sensex Rallies 558 Points; Nifty Ends Above 14,650

Persistent strength in US markets has rubbed off on Indian stocks, with yesterday's dip in treasury yields

from Top Business News- News18.com

Rupee extends gains for 2nd day; closes up by 7 paise at 74.66 against dollar

At the interbank forex market, the local unit opened at 74.65 against the greenback and witnessed an intra-day high of 74.51 and a low of 74.73

from The Hindu - Business

Gold Price Today, 27 April 2021: Gold gets cheaper by Rs 8,770! Silver cheaper by Rs 11,380

Gold prices on MCX fell by Rs 57 to Rs 47,405 per 10 gram in futures trade on Tuesday as speculators reduced their positions amid low demand. 

from Zee News :Business

Amazon and Flipkart Have Now Started Taking Undue Advantage of the Pandemic: Traders' Body

Several states have announced restrictions on movement of goods and people and also imposed curfews to tackle the rising cases of Covid-19.

from Top Business News- News18.com

Maruti Suzuki Q4 consolidated net profit dips 6% to ₹1,241 cr

Sales in the domestic market stood at 4,56,707 units, up by 26.7%. Exports were at 35,528 units.

from The Hindu - Business

SBI issues very important alert on scanning QR code, never do THIS mistake

If you scan an unauthorised QR code, you could actually lose your money. Stay alert and check out this tutorial.

from Zee News :Business

COVID-19 surge: CII sets up task force on oxygen supply chains

It will work with the Central and State governments to augment supply amid severe shortage of medical oxygen as the number of COVID-19 cases continue to rise.

from The Hindu - Business

Dr. Reddy’s expects first lot of Russia’s COVID-19 vaccine Sputnik V by May-end

Once available, Sputnik V will be the third vaccine to be used in India against coronavirus

from The Hindu - Business

Indian Railways cancels 40 trains amid COVID-19 situation, check full list of trains here

North Western Railway (NWR) region deputy general manager Lt. Shashi Kiran said that the cancellation of these 40 trains will remain suspended till further orders. 

from Zee News :Business

RBI issues guidelines for appointment of statutory auditors of banks, NBFCs

The guidelines provide necessary instructions for appointment of SCAs/SAs, the number of auditors, their eligibility criteria, tenure and rotation, while ensuring the independence of auditors, the apex bank said.

from The Hindu - Business

China digital currency trials show threat to Alipay, WeChat duopoly

China's development of a sovereign digital currency, which is far ahead of similar initiatives in other major economies, looks increasingly poised to erode the dominance of Ant Group's Alipay and Tencent's WeChat Pay in online payments

from The Hindu - Business

CEOs of 40 U.S. companies create global task force to help India fight COVID-19

The task force committed to get 20,000 oxygen concentrators to India in the next few weeks, Deloitte CEO Punit Renjen said

from The Hindu - Business

CEOs of 40 top American companies create global task force to help India fight COVID-19

In a show of solidarity, the CEOs of about 40 top American companies have come together to create a first-of-its-kind country-specific global task force to mobilise resources and coordinate efforts to help India fight the battle against COVID-19.

from Zee News :Business

Rupee surges 14 paise to 74.59 against U.S. dollar in early trade

The dollar index rose 0.13% to 90.92.

from The Hindu - Business

Sensex rises over 150 points in early trade, Nifty tops 14,500

Reliance Industries was the top gainer in the Sensex pack, rising around 2%.

from The Hindu - Business

Business Live:

Updates from the world of economy, markets, and finance

from The Hindu - Business

7th Pay Commission latest update: Big blow to central govt employees! TA not to rise from July 1?

Travel Allowance of central government employees will not be increased because their current DA is not 25 percent or above, which as per the pay matrix calculation rule of the 7th Pay Commission is a requisite. 

from Zee News :Business

Sensex rises over 150 points in early trade; Nifty tops 14,500

The 30-share BSE index was trading 155.63 points or 0.32 per cent higher at 48,542.14.

from Zee News :Business

Gold Price Today, April 27, 2021: Prices of 22-ct, 24-ct Gold Remains Unchanged

For 10 grams of 22-carat gold in the national capital, the rate is Rs 46,240.

from Top Business News- News18.com

Tech Mahindra, Wipro, Castrol India: Top Stocks For Investors on Tuesday, April 27

The BSE Sensex at 09:02 am IST was up 95.58 points or 0.20 percent at 48,482.09, while the Nifty was down 50 points or 0.35 percent at 14,435.00.

from Top Business News- News18.com

Petrol, Diesel Prices Today, April 27, 2021: Fuel prices remain unchanged for 12th straight day; check prices in metro cities

Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.

from Zee News :Business

Elon Musk Qualifies for $11 Billion Options Payout as Tesla Cracks Profit Mark

Musk, who is also a major shareholder and CEO of rocket maker SpaceX, receives no salary at Tesla. His pay package requires Tesla's market capitalization and financial growth to hit a series of rising targets

from Top Business News- News18.com

‘Rise in cases to hit mobile shipments’

Smartphone shipments in India grew 23% year-on-year in the January-March quarter to over 38 million, the highest ever first-quarter shipments. However

from The Hindu - Business

upGrad raises $120 million from Temasek

upGrad, an online higher education company, Monday announced that it has raised $120 million from Temasek, the Singapore based investment company. Th

from The Hindu - Business

Gold Price Today, 26 April 2021: Gold gets cheaper by Rs 8,750! Silver drops by Rs 1000 in two days

Last week, gold was seen moving in the range of Rs 47,400 to Rs 47,800. In the whole month, gold has become expensive by Rs 2800 per 10 grams so far.

from Zee News :Business

Nifty, Sensex Ride High on ICICI Bank, Reliance Surge

The NSE Nifty 50 index rose 1.36% to 14,539.15 by 0426 GMT, while the benchmark S&P BSE Sensex was up 1.49% at 48,587.7

from Top Business News- News18.com

Auto industry veteran Jagdish Khattar passes away

Automobile industry veteran and former Managing Director of Maruti Suzuki India (then Maruti Udyog Ltd) Jagdish Khattar passed away on Monday due to

from The Hindu - Business

COVID-19: Vistara offers to fly doctors, nurses free of cost across country

In a letter to Usha Padhee, Joint Secretary, Ministry of Civil Aviation, Vistara said the airlines will also welcome requests from accredited organisations representing the Centre and states in immediate need of air logistics. "...we want to help government organisations/hospitals in immediate need of air logistics.

from Zee News :Business

Reliance Foundation to Manage 875 Covid Beds, Including 145 ICU Beds, in Mumbai

The RIL on Friday announced its own vaccination programme ‘R-Suraksha’ for all employees and their eligible family members above 18 years of age.

from Top Business News- News18.com

Looking to buy a home in 2021? 5 things to keep in mind

From loan eligibility to down payment options, here are five things to be mindful of before buying a house in 2021.  

from Zee News :Business

LEAD School raises $30 million

The current round is the fourth round of institutional funding for the firm since its first investment led by Elevar in 2017.

from The Hindu - Business

Sensex surges over 600 points in early trade, ICICI Bank rallies 5%

The broader NSE Nifty jumped 178.90 points or 1.25% to 14,520.25.

from The Hindu - Business

Rupee rises 24 paise to 74.77 against U.S. dollar in early trade

In the previous session, the rupee had settled at 75.01 against the American currency.

from The Hindu - Business

‘A majority of companies plan to cover vaccination cost fully or partly for staff’

A recent survey by Willis Towers Watson found that 50% of companies planned to facilitate vaccination for not only employees, but also their dependants

from The Hindu - Business

7th Pay Commission: From July 1, central govt employees to get 28% DA, salary and pension to increase

Increased salary will soon start coming in the accounts of millions of central employees and pensioners from July 1.

from Zee News :Business

Blackstone, other investors commit up to $2.8 billion to acquire controlling stake in Mphasis

A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments and other long-term investors will co-invest along with it, Blackstone said in a statement

from The Hindu - Business

Gold Price Today, April 26, 2021: Prices Tumble by Rs 10 per 10 gram of 22-ct Gold

The price of 10 grams of 22-carat-gold fell by Rs 10 to stand at Rs 44,930 from the earlier rate of Rs 44,940 on the previous day.

from Top Business News- News18.com

Nestle confirms discussions to acquire vitamin maker Bountiful

Nestle is in discussions to buy nutritional supplement maker The Bountiful Company, the Swiss food giant said on Monday, confirming earlier reports i

from The Hindu - Business

Toshiba's No. 2 shareholder asks company to openly seek suitors

Toshiba dismissed last week a $20 billion buyout offer from CVC Capital Partners as lacking detail

from The Hindu - Business

Google announces $18 million to aid India in COVID-19 crisis

Google and Alphabet CEO Sundar Pichai has announced ₹135 crore or $18 million funding support for India’s current pandemic battle, stressing that he w

from The Hindu - Business

Sensex surges over 600 points in early trade; ICICI Bank rallies 5%

The 30-share BSE index was trading 641.35 points or 1.34 per cent higher at 48,519.80.

from Zee News :Business

HCL Technologies, ICICI Bank, Reliance Industries: Top Stocks For Investors on Monday, April 26

The BSE Sensex was up 328.37 points or 0.69 percent at 48,206.82, and the Nifty was up 95.80 points or 0.67 percent at 14,437.20.

from Top Business News- News18.com

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from The Hindu - Business

India in talks with us for long-term crude supply: Guyanese Minister

India's oil demand has risen by 25% in the last seven years

from The Hindu - Business

Reliance, BP start production at second new gas field in KG-D6 block

They have been developing three deep-water gas developments in the block — R-Cluster, Satellite Cluster and MJ

from The Hindu - Business

Petrol, Diesel Prices Today, April 26, 2021: Fuel prices remain unchanged for 11th straight day; check prices in metro cities

Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.

from Zee News :Business

Denial of claim is not the end of the road

If your claim is either not entertained or is denied, you can approach the insurer and even the IRDAI

from The Hindu - Business

Ask us: On investments

Q. I would like to know the pros and cons of investment options such as capital guarantee and high-return plans. As a 23-year-old newbie to IT industr

from The Hindu - Business

Be an early bird to save on taxes

The earlier the better it is for investing in tax-saving instruments

from The Hindu - Business

Second wave to impact fashion retailers, revenue to hit pre-pandemic levels only in FY23: Report

ICRA said the fashion retailers industry is set to invest Rs 2,400 crore in capital expenditure in 2021-22.

from Zee News :Business

Zomato’s non-profit arm joins hands with Delhivery to take on COVID-19

All the funds raised by Feeding India will be directed towards the cause, as Zomato is bearing the entire administrative costs. 

from Zee News :Business

Shocking! India-US flights cost 3x more than average due to COVID-19 scar

Average fare for an economy class ticket on an India-US flight is around Rs 50,000, but the fares for this week's flights are hovering around Rs 1.5 lakh.

from Zee News :Business

COVID-19: Govt waives off port charges for ships carrying oxygen, related equipment

The decision has been taken to meet the unprecedented demand for oxygen across the country amid the second wave of Covid-19. 

from Zee News :Business

Bank Alert! Working hours reduced in Tamil Nadu due to COVID-19, check new timings

The State Level Bankers’ Committee-Tamil Nadu (SLBC-TN) on Saturday also issued a series of guidelines to its member banks in the state. 

from Zee News :Business

COVID-19 impact: FPIs pull out Rs 7,622 cr so far in April

Previously, FPIs invested Rs 17,304 crore in March, Rs 23,663 crore in February and Rs 14,649 crore in January.

from Zee News :Business

BHEL steps up to Covid-19 challenge, starts oxygen supply to hospitals

On Sunday, Bharat Heavy Electricals Ltd said that the company has started supplying oxygen to several hospitals, aiming to save the life of patients battling against the coronavirus. 

from Zee News :Business

Covid-19: Haryana directs corporates to work from home till May 3 to stop the spread

“All IT/ITES units and Corporate offices in these six districts shall operate their offices through work from home up to 3 May, 2021 at 9:00 AM,” the order said.

from Zee News :Business

81 lakh mutual fund accounts opened in FY21, should you invest?

The mutual fund industry is yet to break its record of 1.6 crore account additions in a single year that came in FY18. 

from Zee News :Business

The Hindu Explains | Why is the government tweaking the National Pension System?

What are the major changes being proposed to the NPS?

from The Hindu - Business

VW managers charged in emissions scandal

Executives accused of abetting fraud

from The Hindu - Business

Coronavirus | Centre contradicts Serum Institute of India on Covishield pricing, to purchase at ₹150 per dose

Poonawalla silent on Health Minister’s tweet that govt of India’s procurement cost remains ₹150/dose.

from The Hindu - Business

Govt Asks Twitter, Other Social Media Platforms to Remove Misleading Posts Around Covid

Twitter said it has notified the impacted account holders of its action in response to a legal request from the government but did not give details of the accounts.

from Top Business News- News18.com

Coronavirus | Covaxin to be sold at ₹600 to States

By comparison, Covishield, this week said their vaccines are priced at ₹400 for states and ₹600 for private hospitals

from The Hindu - Business

Mahindra unit to acquire ₹500-cr. land every year

Realty arm eyes mid-premium homes

from The Hindu - Business

RBI to issue cybersecurity norms for payment services

‘Firms must surpass minimum standards to ensure safety’

from The Hindu - Business

ICICI Q4 net rises threefold to ₹4,403 cr.

Lender posts an almost 20% jump in retail loans and robust growth in CASA deposits in March quarter

from The Hindu - Business

Suresh Krishn is president CREDAI T.N.

Suresh Krishn has been appointed as the sixth president of CREDAI (Confederation of Real Estate Developers Association of India) Tamil Nadu representi

from The Hindu - Business

Coronavirus | Serum Institute of India skirts around differential pricing for Covishield

Charging the Centre less, and the State governments more, is the sticking point

from The Hindu - Business

Sukanya Samriddhi Scheme: Check interest rate in 2021, income tax benefits

Launched by the government of India, Sukanya Samriddhi Yojana is part of the “Beti Bachao, Beti Padhao Yojana” which is meant for the welfare of the girl child. If someone invests in the Sukanya Samriddhi scheme at the Post office,  he/she will get a rate of interest of 7.6​​ percent per annum calculated on yearly basis.

from Zee News :Business

Need money amid Covid-19 pandemic? Take gold loans from these banks at lowest interest rates

According to data compiled by Bankbazaar, banks are offering gold loans with interest rates starting as low as 7%. In comparison, personal loans are offered at around at least 10%. 

from Zee News :Business

Looking to withdraw cash without stepping out? HDFC’s Mobile ATM will help in it

Accordingly, customers can conduct over 15 types of transactions using the `Mobile ATM`, which will be operational at each location for a specific period. The `Mobile ATM` will cover 3-4 stops in a day. This service will also be of great help to all the healthcare workers, and other essential service providers

from Zee News :Business

Serum Institute defends Covid-19 vaccine pricing

The earlier price was based on advance funding and now it has to invest in scaling up and expanding capacity to produce more shots, the company says.

from The Hindu - Business

Biological E gets nod to start Phase III trials of COVID-19 vaccine

Approval from a Subject Expert Committee of CDSCO follows successful completion of Phase I/II

from The Hindu - Business

Govt Extends Time Till June 30 For Making Payment Under Vivad Se Vishwas Scheme

The Vivad Se Vishwas scheme provides for settlement of disputed tax, interest, penalty or fees in relation to an assessment or reassessment order on payment of 100 per cent of the disputed tax and 25 per cent of the disputed penalty or interest or fee

from Zee News :Business

Covid-19: ITC in action, to airlift cryogenic containers, oxygen concentrators, generators

ITC is among a few other Indian companies that have stepped up to support the nation in the fight against Covid-19. 

from Zee News :Business

Customs duty on import of COVID-19 vaccines and medicines, medical oxygen waived for three months

The government has decided to exempt basics customs duty on import of COVID-19 vaccines, and the basic customs duty and health cess on import of medic

from The Hindu - Business

Govt extends time till June 30 for making payment under Vivad Se Vishwas scheme

The government on Saturday extended the deadline for making payment under the direct tax dispute resolution scheme Vivad Se Vishwas by two months til

from The Hindu - Business

COVID-19: Xiaomi India to divert promotional funds towards relief work

People on social media have been reporting about shortage of several medicines, hospital beds and other facilities.

from Zee News :Business

Ford India increases price of its entire line-up

The Figo is now selling from 5.82 lakh to Rs 8.37 lakh (all prices, ex-showroom, New Delhi).

from Zee News :Business

These two banks are offering best interest rates on 3-year FDs for senior citizens

Suryoday Small Finance Bank is offering a 7.50% interest rate on three-year FDs for senior citizens, which is among the highest. 

from Zee News :Business

Kuwait suspends commercial flights from India

The move was on the instructions of health authorities after an evaluation of the global coronavirus status.

from The Hindu - Business

Bitcoin sinks below $50,000 as cryptos stumble over Joe Biden's tax plans

The selloff came after reports that the Biden administration was planning a raft of proposed changes to the U.S. tax code, including a plan to nearly double taxes on capital gains to 39.6% for people earning more than $1 million.

from Zee News :Business

ESIC scheme adds 11.58 lakh new members in February 2021

Around 11.58 lakh new members joined the ESIC-run social security scheme in February 2021 as against 11.78 lakh in the previous month, official data

from The Hindu - Business

MFIs want their employees, SHG workers to be vaccinated on priority

Microfinance institutions have urged the Centre to consider prioritising vaccinations for their employees and self-help group workers in order to ensu

from The Hindu - Business

Mylab to deploy 50 high-volume mobile testing labs for COVID-19 across India

These labs are “powered by automated Compact XL machines which do testing 3 times faster than the conventional labs due to parallel processing and automated handling,” Mylab said.

from The Hindu - Business

2021 Volkswagen Polo Facelift with ID.3 design elements launched, check other features

Volkswagen Polo Facelift sports a new flat-bottom steering wheel and a gear lever with P-R-N-D-S engraved on it.

from Zee News :Business

SBI Video KYC based savings account opening now available on YONO, here is how to do it

SBI has opened over 1.5 million accounts through YONO in the quarter ended December 2020 with nearly 91% of YONO eligible savings bank customers migrated on YONO.

from Zee News :Business

Get LPG cylinder without any address proof, read details of Indian Oil’s offering

The LPG cylinders are sold to the customer on outright basis. Customer can avail a connection by submission of identity proof only. Refill can be obtained by visiting any Point of Sale or Distributorships across the country.

from Zee News :Business

Mukesh Ambani buys Britain country club for ₹592 crore

Two iconic James Bond movies — 'Goldfinger' (1964) and 'Tomorrow Never Dies' (1997) were filmed at Stoke Park.

from The Hindu - Business

Nasscom appoints Rekha Menon as Chairperson for 2021-22

She is the first woman to take on the role of Chairperson for Nasscom in the association's 30-year history.

from Zee News :Business

Employees to get overtime salary for working 30 minutes extra in office, Modi govt's new rules in the offing?

Wage Code Bill (Code on Wages Bill 2019) was passed in Parliament in 2019. The government wanted to implement the rules in the new labor code from April 1, but had to defer it to allow more time to states to prepare and also to companies for changing their HR policy.

from Zee News :Business

SBI pares FY22 growth to 10.4%, expects 2nd wave to peak in third week of May

State Bank of India has revised downwards its growth projection for 2021-22 to 10.4% real GDP growth and 14.3% nominal GDP growth, from 11% and 15%, r

from The Hindu - Business

Tata Motors, Cyient, Jindal Stainless: Top Stocks For Investors on April 23

Amid mixed global cues, the BSE Sensex was down 184.33 points or 0.38 percent at 47,896.34, while the Nifty was down at 66.80 points 0.46 percent at 14,339.40.

from Top Business News- News18.com

Gold Price Today, April 23, 2021: Gold Edges Close to Rs 48,000, Silver trades at Rs 69,300; Check Rates Here

Silver rates on Friday dropped to Rs 693 for 10 grams from the earlier cost of Rs 703 as the rate of the metal witnessed a reduction of Rs 10.

from Top Business News- News18.com

Nifty50 Turns 25: Here is How the Indian Equity Benchmark has Fared Over the Years

Nifty50 is a benchmark equity index and it shows the weighted average of India's top 50 companies.

from Top Business News- News18.com

RBI approves appointment of Atanu Chakraborty as part-time chairman of HDFC Bank

The appointment will be for a period of three years with effect from May 5, 2021 or the date of his taking charge, whichever is later,” HDFC Bank said.

from The Hindu - Business

Turkey probes cryptocurrency exchange for possible $2 bln fraud

Crypto exchange Thodex’s owner Faruk Fatih Ozer deactivated his social media accounts and is believed to have fled Turkey for Tirana, Albania, Turkish broadcaster Haberturk reported

from The Hindu - Business

Chipmaker TSMC approves $2.8 bln for capacity expansion

The company this month said that it plans to invest $100 billion over the next three years to increase capacity at its plants, days after Intel Corp announced a $20 billion plan to expand its capacity

from The Hindu - Business

Rupee falls 12 paise to 75.06 against US dollar in early trade

The Indian rupee slumped 12 paise to 75.06 against the US dollar in opening trade on Friday as muted domestic equities and concerns over rising COVI

from The Hindu - Business

Apple plans to expand ads business

The report comes as Apple plans to send prompts to iPhone users to allow apps to use their data for personalised advertising

from The Hindu - Business

Sensex falls over 300 points in early trade; Nifty below 14,350

ICICI Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC twins, Bajaj Finance, HUL, SBI, M&M and Kotak Bank.

from Zee News :Business

Sensex falls over 300 points in early trade

The broader NSE Nifty drops 75.45 points

from The Hindu - Business

Petrol, Diesel Prices Today, April 23, 2021: Fuel prices remain unchanged for 8th straight day; check prices in metro cities

Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.

from Zee News :Business

Business Live:

Updates from the world of economy, markets, and finance

from The Hindu - Business

Ola Electric’s upcoming e-scooter to hit roads by July 2021

Aggarwal said that Ola Electric won’t share its charging network with other electric vehicle players, and only its customers will be able to use the facility.

from Zee News :Business

How Kerala’s startup ecosystem is staying afloat during the pandemic

During the ongoing Coronavirus pandemic, new startups across Kerala were launched and existing ones gained traction in spite of several challenges

from The Hindu - Business

Sensex rallies 375 points; Nifty tops 14,400

After falling 501 points in opening session, the 30-share BSE index pared all losses to end 374.87 points or 0.79 per cent higher at 48,080.67.

from Zee News :Business

Impressive! Zomato rolls out special Covid-19 delivery

All the major food delivery players such as Zomato and Swiggy have been granted permission to safely deliver food in states under lockdown. People in Maharashtra and Delhi, where authorities have introduced curfews, can take the benefit of Zomato’s priority delivery feature. 

from Zee News :Business

Rupee slips 6 paise to 74.94 against U.S. dollar as COVID cases spike

The dollar index fell 0.07% to 91.09.

from The Hindu - Business

India's gas output to jump 52% by 2024 led by ONGC, Reliance-BP

The increase in production augments well with the government plans for raising the share of natural gas in the country's energy basket

from The Hindu - Business

Sensex rallies 375 points; Nifty tops 14,400

ICICI Bank was the top gainer in the Sensex pack.

from The Hindu - Business

Gold falls ₹ 168; silver gains ₹ 238

Gold dipped ₹ 168 to ₹ 47,450 per 10 gram in the national capital on Thursday in line with weaker global precious metal prices, according to HDFC Se

from The Hindu - Business

Cryptocurrency update! Investors may get window to exit their holdings

The proposed legislation that is yet to be tabled in the Parliament might only legalise the cryptocurrency currently mooted by the Reserve Bank of India (RBI) while banning all others.

from Zee News :Business

S&P forecasts 11% growth for India this fiscal, flags 'substantial' impact of broader lockdowns

In its report on Asia-Pacific Financial Institutions, S&P said the control of COVID-19 remains a key risk for the economy. New infections have spiked in recent weeks and the country is in the middle of a second pandemic wave.

from Zee News :Business

Sales of EVs in India fell 20% in FY21 to 2,36,802 units: SMEV

“A good thing has happened that people have started moving towards advanced lithium ion batteries,” says SMEV Director.

from The Hindu - Business

Not happy with your Aadhaar card picture? Here's how to get a new photo

A variety of Aadhaar related details can be changed online, while for a few services like changing of picture or biometric details, you will be required to visit Aadhaar kendras.

from Zee News :Business

Looking for withdrawal from PF Account? You must know the taxation part

For employees, who wish to make PF withdrawals other than the permitted COVID-19 stress related withdrawal, the following taxation implication must be understood.

from Zee News :Business

COVID Impact: Credit card transactions in February fall 21.57%

Over 5.49 lakh new credit cards were issued in February, the RBI data showed. 

from Zee News :Business

Sensex tumbles over 500 points in early trade; Nifty slips below 14,200

After falling 501 points in the opening session, the 30-share BSE index was trading 463.36 points or 0.97 per cent lower at 47,242.44.

from Zee News :Business

Gold Price Today, April 22, 2021: Yellow Metal and Silver Prices Rise Marginally; Check Rates Here

The cost of the precious metal varies in different cities following the national trend.

from Top Business News- News18.com

Nestle India, SBI, Voltas: Top Stocks for Investors on April 22

The BSE Sensex was down 466.41 points or 0.98 percent at 47,239.39. While the Nifty50 was down 136.90 points or 0.96 percent at 14,159.50.

from Top Business News- News18.com

Sensex tumbles over 500 points in early trade

Nifty slips below 14,200

from The Hindu - Business

Business Live:

Updates from the world of economy, markets, and finance

from The Hindu - Business

Farm exports rose 16.9% in April-Feb. FY21

India exported agricultural commodities worth ₹2.74 lakh crore till February of the 2020-21 fiscal, a 16.9% increase from ₹2.31 lakh crore in the year

from The Hindu - Business

Oil slips as India’s COVID surge dents outlook

Key importer reports record deaths

from The Hindu - Business

Fundraising via bonds jumped 14% in FY21

Low rate, liquidity aid private placement

from The Hindu - Business

Petrol, Diesel Prices Today, April 22, 2021: Fuel prices remain unchanged for 7th straight day; check prices in metro cities

Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.

from Zee News :Business

Industry ready to invest to strengthen capacity, back-end infra despite second wave

Hero Enterprise Chairman Sunil Kant Munjal said there is a tremendous opportunity to invest.

from Zee News :Business

PF investors, save more by investing in voluntary provident fund

Since interest rates are the same in EPF and VPF, you might see your money grow faster in the voluntary provident fund than your investments in other debt instruments. 

from Zee News :Business

Hero MotoCorp partners with Gogoro to amp up its electric vehicle play

Gogoro and Hero MotoCorp have been working to strike a strategic partnership for more than a year. 

from Zee News :Business

Good news for supercar lovers! Hire Lamborghini, Mustang and more on rent at Hyderabad Airport

You can choose from cars such as Lamborghini Gallardo, Jaguar F Type, Porsche 911 Carrera, Ford Mustang, Lexus ES 300h, Audi A3 Cabriolet, BMW 7 Series, Mercedes Benz E 250, Maserati Ghibli, BMW 3GT and Volvo S 60.

from Zee News :Business

Be very careful! Fake loans offered by SBI Loan Finance Ltd

SBI has informed that these companies are doing a scam in the name of offering loans to customers.

from Zee News :Business

Maruti Suzuki Jimny specs leaked! Comes with five doors, cruise control and more

Unlike the global version that comes with three doors, Maruti Suzuki is likely to launch Jimny’s Indian model with five doors. 

from Zee News :Business

Care Ratings Revises India's GDP Growth Forecast to 10.2% for FY22

This is the third revision by the rating agency in the last one month.

from Top Business News- News18.com

Farmers in Punjab, Haryana receive MSP directly in their bank accounts

Producers, arhtiyas happy over wheat procurement, says Punjab Food Minister

from The Hindu - Business

'High Momentum': India Records 22 IPOs Worth Over $2.5 Billion in January-March Period

Leading consultancy EY India's IPO (Initial Public Offer) released a report on Wednesday.

from Top Business News- News18.com

Gold Price Today, 21 April 2021: Gold prices dearer by Rs 1000 in a week, Silver rise

Gold in the national capital on Tuesday fell by Rs 305 to Rs 46,756 per 10 gram in line with a fall in international precious metal prices and rupee appreciation.

from Zee News :Business

Customs duty waive off on Remdesivir will further augment domestic availability: Sadananda Gowda

The Minister had earlier asked the State governments to take strict action against anyone found indulged in black marketing or hoarding of Remdesivir.

from The Hindu - Business

Is Savings Account a Good Option For Emergency Funds?

Financial planners suggest that one must allocate six months’ worth of expenses towards creating an emergency fund. However, this can vary according to the different financial situations of different people. Nonetheless, it is crucial for everyone to maintain an emergency fund to tide over critical times.

from Zee News :Business

U.S. Senate panel mulls revoking Big Tech immunity citing COVID scams online

In March, Facebook Chief Executive Mark Zuckerberg called for a Section 230 reform that would give publishers immunity only if they follow best practices for removing damagingmaterial from their platforms

from The Hindu - Business

Air India flights to and from UK cancelled till April 30, updates on rescheduling, refunds soon

India is currently witnessing a second wave of the COVID-19 pandemic reported over 2.73 lakh fresh infections in the last 24 hours - the highest since the pandemic broke out last year. According to the Health Ministry, there are currently 19,29,329 active cases in the country.

from Zee News :Business

2nd wave of COVID: Check these latest banking rules before visiting your branch

India is currently witnessing a second wave of the COVID-19 pandemic reported over 2.73 lakh fresh infections in the last 24 hours - the highest since the pandemic broke out last year. According to the Health Ministry, there are currently 19,29,329 active cases in the country.

from Zee News :Business

Network18 Media & Investments Reports 241.9 Per Cent Jump In Q4 Consolidated Profit

Consolidated profit in the financial year 2020-21 grew by 873.6 per cent to Rs 546.59 crore, compared to Rs 56.14 crore in the last fiscal.

from Top Business News- News18.com

Indian Railways to run 3 more special trains from Delhi to Bihar from April 21, check complete schedule here

Northern Railway has tweeted that for the convenience of passengers, railways has planned 3 more Summer special trains.

from Zee News :Business

Stock markets closed today on account of Ram Navami

Earlier on Tuesday, market benchmark Sensex slipped 243.62 points or 0.51 per cent to close the session at 47,705.80, an over two-month low. 

from Zee News :Business

Business Live:

Updates from the world of economy, markets, and finance

from The Hindu - Business

Petrol, Diesel Prices Today, April 21, 2021: Fuel prices remain unchanged for 6th straight day; check prices in metro cities

Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.

from Zee News :Business

Global Markets: Asian Stocks Fall as Virus Worries Return to Haunt Markets

Asian shares and U.S. stock futures fell on Wednesday as concern about a resurgence of coronavirus cases in some countries cast doubt on the strength of global growth and demand for crude oil.

from Top Business News- News18.com

Banks to Remain Shut Today For Ram Navami 2021; Check List of Holidays In April

Happy Ram Navami: April 21 will be a national holiday barring in West Bengal, Assam, Goa, J&K, Jharkhand, Karnataka, Kerala, Lakshadweep, Manipur, Meghalaya, Nagaland, Arunachal Pradesh, Mizoram, Puducherry and TN

from Top Business News- News18.com

Tata group importing 24 cryogenic containers to help ease oxygen shortage in country amid rising COVID-19 cases

The Tata Group's announcement came after PM Narendra Modi's address to the nation on the coronavirus situation.  

from Zee News :Business

Sensex, Nifty settle lower after see-saw trade; banking, IT stocks drag

The BSE Sensex slipped 243.62 points or 0.51 per cent to close the session at 47,705.80. Intra-day, the BSE gauge rose as much as 529 points to touch the day's peak of 48,478.34.

from Zee News :Business

What is Aadhaar lock and unlock? How to do it and how does it prevent misuse of Aadhaar card?

To further strengthen your privacy and security, UIDAI has introduced a feature to lock and unlock your Aadhaar Number. 

from Zee News :Business

ICRA cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

The recent surge in COVID-19 cases has resulted in a dip in consumer confidence and reignited uncertainty regarding the near-term outlook, it said.

from The Hindu - Business

Gold declines ₹ 305 on muted global

Silver also dipped ₹ 113

from The Hindu - Business

Rupee slips to 74.88 against US dollar on COVID worries

Traders said the local unit ended in the red.

from The Hindu - Business

Bharat Biotech ramps up Covaxin production capacity to 700 mn doses per annum

To support vaccination campaigns in India and across the globe, Bharat Biotech has ramped up the manufacturing capacity of its COVID-19 vaccine, Cova

from The Hindu - Business

Govt approves subsidy policy for urea produced through coal gasification

The Union Cabinet on Tuesday approved an exclusive subsidy policy for urea produced through coal gasification by Talcher Fertilizers Limited. It woul

from The Hindu - Business

Serum hails financial aid from govt to ramp up Covid-19 vaccine production

Sources said the finance ministry has relaxed rules to allow advance payment without bank guarantee to help the vaccine makers ramp up production.

from The Hindu - Business

Decide Corruption Complaints Against Employees Within 3 Months, CVC Tells Govt Depts

The move comes after the probity watchdog noted with concern that corruption complaints were not being taken to a logical conclusion.

from Top Business News- News18.com

U.S. banks deploy AI to monitor customers, workers amid tech backlash

Widespread deployment of such visual AI tools in the heavily regulated banking sector would be a significant step toward their becoming mainstream in corporate America.

from The Hindu - Business

Twitter to expand engineering team in India

The microblogging platform said it planned to ramp up its team across engineering, product, research and design, while also announcing the appointment of Apurva Dalal as Director of Engineering.

from The Hindu - Business

Gold Price Today, 20 April 2021: Gold prices drop, still cheaper by Rs 9,000

On Monday, gold futures on MCX closed higher by just Rs 60, but intraday gold touched a level of Rs 47,850 per 10 grams and slipped to 47280, with trading range seen Rs 550.

from Zee News :Business

Closure of economic activity will lead to permanent closure of businesses, job losses: RAI

“Shutting down non-essential or non-food retail and malls is not the solution,” says RAI CEO Kumar Rajagopalan.

from The Hindu - Business

Don't know your UAN? You can still check your PF account balance online, here is how

 In few easy steps, you can check your EPF account balance ONLINE without knowing your UAN number.

from Zee News :Business

Flipkart Tech Veteran, Ajay Gondhiya, Joins Hopscotch As CTO To Grow DTC Brand

Ajay Gondhiya's proven expertise and maturity made him the ideal candidate to partner with the Hopscotch leadership and further its technology-driven ambition.

from Top Business News- News18.com

Public Provident Fund money making tips: How to become a Crorepati by investing in PPF

A minimum of Rs 500 and a maximum of Rs 1.5 lakh per annum can be deposited every year in a Public Provident Fund account at present. 

from Zee News :Business

7th Pay Commission latest updates: DA of central employees to go upto 28%! Increased salary will come into account from July 1?

The three installments of dearness allowance for central government employees and DR for pensioners, due on January 1, 2020, July 1, 2020 and January 1, 2021, were frozen in view of the COVID-19 pandemic.

from Zee News :Business

Gold Price Today, April 20, 2021: Rate Increases Marginally, Silver Witnessed a Slump

The gold prices in the international market traded at USD 1,779.60 per ounce; U.S. gold futures at $1,772 an ounce on Monday.

from Top Business News- News18.com

TCS, ACC, Cipla Caplin Point Laboratories: Top Stocks for Investors on April 20

The BSE Sensex was up 438.92 points or 0.92 percent at 48,388.34. While the Nifty50 was up 151.80 points or 1.06 percent at 14511.30.

from Top Business News- News18.com

Rupee rises 23 paise to 74.64 against US dollar

The rupee advanced by 23 paise to 74.64 against the US dollar in opening trade on Tuesday, tracking weaker dollar against key rivals and a positive t

from The Hindu - Business

Sensex rebounds over 500 points in early trade; Nifty reclaims 14,500

The Sensex was trading at 48,455.13, showing a rise of 505.13 points or 1.05 per cent in opening deals; while the broader Nifty was trading higher by 150.20 points or 1.05 per cent at 14,509.65.

from Zee News :Business

Paytm brings bumper offer on LPG! Get LPG cylinder at just Rs 9, validity till 30 April

Paytm has come up with a bumper offer for its customers. Under this offer, customers can get gas cylinder of Rs 809 for only Rs 9. 

from Zee News :Business

Petrol, Diesel Prices Today, April 20, 2021: Fuel prices remain unchanged for 5th straight day; check prices in metro cities

Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.

from Zee News :Business

Rupee Slumps 52 Paise to 74.87 Against US Dollar in Early Trade

Besides, the heavy selloff in domestic equities also weighed on investor sentiment.

from Top Business News- News18.com

Bharti Airtel, HDFC Bank, Mindtree: Top Stocks For Investors on April 19

The indices on Monday, April 19, are expected to open lower as the SGX Nifty was trading at 165.50 points or 1.13 percent down at 14,476.00 at 7:15 am.

from Top Business News- News18.com

Toyota to review climate stance as investors turn up the heat

The car maker came under scrutiny after siding with the Trump administration in 2019 in a bid to bar the state of California from setting its own fuel efficiency rules.

from The Hindu - Business

India's electric vehicles face practical, technical hurdles

EVs are a rarity in India, where more than 300 million vehicles, most of them scooters and three-wheel motorized rickshaws, jam the highways

from The Hindu - Business

The 'metaverse' bet: crypto-rich investors snap up virtual real estate

Online environments are going to be "very very big", regardless of fluctuations in the price of bitcoin, said Frederic Chesnais, head of Atari's blockchain division and the company's former CEO

from The Hindu - Business

Clubhouse closes new round of funding that would value app at $4 billion

The social media app said the new round of financing was led by Andrew Chen of venture capital firm Andreessen Horowitz with major investors like DST Global, Tiger Global and Elad Gil.

from The Hindu - Business

Govt. working to save lives, livelihood: FM Nirmala Sitharaman tells India Inc.

Ms. Sitharaman sought feedback from businesses to deal with the impact of the second COVID-19 wave on the country's economy

from The Hindu - Business

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh from Rs 1 lakh

The Bank deposits are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) which is a wholly owned subsidiary of the RBI.

from Zee News :Business

China's Ant explores ways for Jack Ma to exit as Beijing piles pressure

The company hoped Ma's stake, worth billions of dollars, could be sold to existing investors in Ant or its e-commerce affiliate Alibaba Group Holding Ltd without involving any external entity, one of the sources with company ties said

from The Hindu - Business

Govt. working to save lives, livelihood: FM tells India Inc

Ms. Sitharaman sought feedback from businesses to deal with the impact of the second COVID-19 wave on the country's economy.

from The Hindu - Business

Sensex crashes over 1,300 points on spiking COVID-19 cases; Nifty below 14,300

BSE Sensex was trading 1,318.21 points or 2.70% lower at 47,513.82; NSE Nifty tanked 394.90 points or 2.70% to 14,222.95

from The Hindu - Business

Banks to Remain Shut on Wednesday For Ram Navami; Check List of Holidays In April

Ram Navami Date: April 21 will be a national holiday barring in West Bengal, Assam, Goa, J&K, Jharkhand, Karnataka, Kerala, Lakshadweep, Manipur, Meghalaya, Nagaland, Arunachal Pradesh, Mizoram, Puducherry and TN

from Top Business News- News18.com

Bitcoin Slumps 14% to $51,541 As Pullback from Record Gathers Pace

Bitcoin was last trading down 10% at $53,991 as of 1320 GMT, a whopping $12,000 below record highs set on Wednesday. Smaller rival Ether, the coin linked to the ethereum blockchain network, dropped 10% to $2,101.

from Top Business News- News18.com

Rupee slumps 52 paise to 74.87 against U.S. dollar in early trade

On April 16, the rupee had settled at 74.35 against the American currency

from The Hindu - Business

India may build new coal plants due to low cost despite climate change

Coal's contribution to electricity generation in India fell for the second straight year in 2020.

from The Hindu - Business

National lockdown? FM Nirmala Sitharaman speaks to business and Chamber leaders, this is what she said

Union Finance Minister Nirmala Sitharaman on Monday spoke to various business and Chamber leaders and took their inputs on industry and association-related matters. 

from Zee News :Business

Gold Price Today, 19 April 2021: Gold prices surge above Rs 47,300: Check rates in other cities

Gold edged higher on Monday, hovering near a seven-week peak hit in the previous session, as a weaker dollar and lower U.S. Treasury yields supported prices. 

from Zee News :Business

Sensex crashes over 1,300 points on spiking COVID-19 cases; Nifty below 14,300

All Sensex components were in the red. Bajaj Auto was the top loser in the Sensex pack, dropping over 5 per cent, followed by IndusInd Bank, SBI, ICICI Bank, Bajaj Finance and Axis Bank.

from Zee News :Business

Petrol, Diesel Prices Today, April 19, 2021: Fuel prices remain unchanged for 4th straight day; check prices in metro cities

Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.

from Zee News :Business

Business Live:

Updates from the world of economy, markets, and finance

from The Hindu - Business

Is compensation received for land acquired by govt. taxable?

TDS deducted by your client is different from your tax liability.

from The Hindu - Business

Are you an investor doing fundamental analysis?

It is generally argued that a trader has a short-term outlook whereas an investor has a long-term outlook.

from The Hindu - Business

Reap more than you sow

Interest rates on guaranteed return products are better than those on fixed deposits

from The Hindu - Business

Chandni Chowk, Other Delhi Markets Go Under Self-imposed Lockdown Amid Covid-19 Spike

The decision was announced following a virtual meeting of the CAIT and leaders of wholesale and retail trade associations of Delhi.

from Top Business News- News18.com