Rupee snaps 3-day winning streak, drops 17 paise to close at 72.62 against U.S. dollar

During the session, the local unit hit an intra-day high of 72.34 and a low of 72.65

from The Hindu - Business

COVID-19 second wave impact | Sharp deterioration in ‘Overall Business Confidence’: FICCI

Participating companies stressed on the need for another fiscal package, focussing on addressing the demand side, along with employment-based incentives to employers to avert any job losses.

from The Hindu - Business

Zee Exclusive: Borrowing from loan apps; know how to identify genuine fintech lenders

Fintech lenders provide convenient credit access to a diverse set of consumers, including new to credit customers and other underserved sections. However amidst financial crunch and desperate times, borrowers need to be mindful towards identifying the legitimacy of lenders.

from Zee News :Business

PF Rule Change: EPFO Members Can Now Withdraw Money Citing COVID-19. Know Details

PF Withdrawal Rule Change: In March, 2020, the central government introduced a special provision under PMGKY which would allow the EPF members to withdraw money in advance

from Top Business News- News18.com

Paytm Board grants in-principle approval for IPO

The board of One97 Communications, the parent firm of Paytm, has given its in-principle approval for the $3 billion (nearly ₹22,000 crore) initial pu

from The Hindu - Business

Big EPFO update! Link Aadhaar with PF account from June 1 or face huge financial loss

According to the new EPFO rule, every account holder should have his or her PF account linked to the Aadhaar Card. 

from Zee News :Business

Data | Petrol price peaks in India owing to high taxes and crude oil prices

It breached the ₹100/litre mark in Mumbai on May 29

from The Hindu - Business

Petrol Price at All-Time High in India; Hiked 16th Time This Month

Fuel prices have been soaring since the beginning of this month. Since May 4, petrol price has risen by Rs 3.83 per litre and diesel by Rs 4.42.

from Top Business News- News18.com

TVS Motor expands presence in Iraq with new showroom in Baghdad

The showroom, spread over 500 sq metres with a built- up area of 840 sq metres, was inaugurated along Palestine Street in the Iraq capital

from The Hindu - Business

Rupee rises 9 paise to 72.36 against U.S. dollar in early trade

The dollar index fell 0.03% to 90.00.

from The Hindu - Business

Sovereign Gold Bond Scheme 2021-22- Series-III opens today, check issue price, eligibility and more

Sovereign Gold Bond Scheme are government securities denominated in grams of gold. 

from Zee News :Business

Aditya Puri, Former HDFC Bank CEO and Carlyle Group Among New Owners of PNB Housing Finance

Aditya Puri would be nominated to the board of PNB Housing Finance by Carlyle in due course, the company further added

from Top Business News- News18.com

From bank cheques to EPFO-Aadhaar linking, check 5 rules that are changing from June 1

Since these rules are going to affect your everyday life, it is important to know more about these changes in details.

from Zee News :Business

Gold Price Today: Yellow Metal, Silver Rise; Experts Advise Investors to 'Go Long'

Gold price today: In the domestic market, technical chart gold and silver both trading on a strong up trend, said expert

from Top Business News- News18.com

Stocks to Watch Today: Affle India, Bank of Baroda, PNB and More

Indian benchmark indices are likely to open lower on Monday

from Top Business News- News18.com

Sensex drops over 185 points in early trade, Nifty below 15,400

M&M was the top loser in the Sensex pack, shedding more than 5%.

from The Hindu - Business

Business Live:

Updates from the world of economy, markets, and finance

from The Hindu - Business

Third party cover, a goldenshock absorber

Compulsory motor third-party liability insurance was introduced in British India and a majority of Indian States from July 1, 1946.

from The Hindu - Business

Ask us | ‘No I-T rebate on EMI for under-construction building’

Q. I have taken housing loan of ₹29.60 lakh from SBI in FY21 for purchase of a flat. Construction of the flat is on. My EMI has already started. I am

from The Hindu - Business

Weigh your investment options

Both recurring deposits and systematic investment plans help ensure regular allocation and financial discipline

from The Hindu - Business

Indian shares open lower ahead of GDP data

India`s statistics ministry will announce the GDP data at 1200 GMT, with economists saying the country`s economic growth likely picked up in the January-March quarter from the previous three months, but expressed pessimism about this quarter after a harsh second wave of COVID-19 hit the country last month.

from Zee News :Business

Govt extends emergency credit scheme for MSMEs; Civil Aviation sector to be eligible under ECLGS 3.0

100% guarantee cover to loans up to Rs.2 crore to hospitals/nursing homes/clinics/medical colleges for setting up on-site oxygen generation plants, interest rate capped at 7.5% under EGLS 4.

from Zee News :Business

Petrol, Diesel Prices Today, May 31, 2021: Fuel prices touch fresh record highs, check rates in metro cities

The fuel hike today has pushed petrol and diesel prices to record-high levels across the country.

from Zee News :Business

ITR filing website will be inoperable from June 1 to June 7, know why

The old portal—www.incometaxindiaefiling.gov.in will become redundant and the new one—www.incometaxgov.in—will operate from June 7 and due to its transition, taxpayers won’t be able to file tax returns till then, the tax department further added. Even the income tax officers will not be able to use the existing portal due to the undergoing process.

from Zee News :Business

Tamil Nadu’s infrastructure spending up 26% in 2020-21, despite a difficult situation

Tamil Nadu’s spending on infrastructure increased by about 26.7% in fiscal 2020-21, when compared to fiscal 2019-20, despite a challenging situation

from The Hindu - Business

Government announces additional benefits under EPFO, ESIC schemes

These benefits include pension for dependents of insured persons with Employees' State Insurance Corporation (ESIC) who died due to COVID-19 and hike in maximum sum assured under the group insurance scheme Employees' Deposit Linked Insurance Scheme (EDLI), run by Employees' Provident Fund Organisation (EPFO), to Rs 7 lakh from Rs 6 lakh.

from Zee News :Business

Govt May Lift Restrictions on Oxygen Use for Some Priority Industries in 2-3 Days

India on Sunday recorded a single-day rise of 1,65,553 in new Covid-19 cases, the lowest in 46 days

from Top Business News- News18.com

Covid-19: Labour Ministry Announces Additional Benefits Under EPFO, ESIC Schemes

The benefits include pension for dependents of insured persons who died due to COVID and hike in maximum sum assured under the group insurance scheme to Rs 7 lakh.

from Top Business News- News18.com

Oxygen generation: Finance Ministry enlarges scope of credit scheme for setting up plants

The Emergency Credit Line Guarantee Scheme has been granted a three-month extension and will now be valid till September 30.

from The Hindu - Business

HMSI commences production; announces financial support to dealers

Honda Motorcycle & Scooter India (HMSI) on Saturday said it has resumed production across its manufacturing plants in the country.The two-wheeler

from The Hindu - Business

7th Pay Commission: Check the salary calculation of central govt employees after DA hike

Currently, the fitment factor of central employees stands at 2.57. The basic salary is calculated by multiplying it by 2.57 which is in addition to allowances like Dearness Allowance (DA), Traveling Allowance (TA), House Rent Allowance (HRA). Besides the fixed salary, the allowances like DA, TA, HRA, medical reimbursement are decided and DA is given twice a year which is from January to June and then from July to December. 

from Zee News :Business

From LPG cylinder prices to interest rates, THESE 5 changes will affect common man from June 1

Bank of Baroda is going to introduce a positive pay system to protect its customers from bank frauds. 

from Zee News :Business

Gold Price Today, 30 May 2021: Gold retailing at Rs 47,580 in Delhi, check prices in your city

In West Bengal’s capital city of Kolkata, the 22-carat gold is selling at Rs 48,170 per 10 gram. 

from Zee News :Business

RBI alert! Petitions filed against Shaktikanta Das, bank forum chiefs, here’s why

A number of petitions have been filed before the Supreme Court seeking to initiate contempt of court proceedings against Reserve Bank of India (RBI) Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly flouting the SC`s earlier order, by turning and declaring the account of the petitioners as Non Performing Assets (NPA) in connection with the moratorium matter. 

from Zee News :Business

Indian Oil’s bumper offer! Refill fuel and win Rs 2 crore, here’s how

A consumer can get a chance to win Rs 2 crore by buying diesel from an Indian Oil petrol pump.

from Zee News :Business

SBI Rule Change: Cash Withdrawal from ATM to Cheque Books, Check New Charges

State Bank of India (SBI) has introduced new rules for cash withdrawal at its branches and ATMs. All you need to know

from Top Business News- News18.com

Buying a House? Know Why Under-construction Property Can Be More Beneficial than Ready One

An under-construction property does not make a hole in the pocket of the buyer as much as a ready home does at the time of purchasing. Know what expert suggests

from Top Business News- News18.com

Zerodha Founder to Get Up to Rs 100 Cr Salary, Says 'Was at Right Place at Right Time'

Zerodha founder Nithin Kamath is all set to announce a buyback employee stock option plans (ESOP) worth about Rs 150-200 crore in July-August this year

from Top Business News- News18.com

Centre to provide financial cushion to families losing earning member to COVID-19, check top 5 benefits

Families of those who have lost an earning member will also get insurance benefits from the Employees Deposit Linked Insurance (EDLI) scheme. 

from Zee News :Business

Petrol Prices Today, May 30, 2021: Prices remain unchanged after touching Rs 100 in Mumbai, check rates in metro cities

Petrol’s price was increased by 25 paise and diesel’s rate by 30 paise per litre on May 29 in Mumbai. 

from Zee News :Business

Income Tax Return or ITR Filing Portal Will be Unavailable From June 1. Know Details

ITR filing: The existing portal will also be unavailable for the income tax department officers during this period

from Top Business News- News18.com

Aadhaar Card Rule Change: How to Get ATM-Like Aadhaar Cards that Fit Your Wallet

UIDAI has given a new appearance to the Aadhaar card in 2021, which is known as the PVC Aadhaar card. All you need to know

from Top Business News- News18.com

COVID-19: Group of Ministers set up to examine need for GST cut on essentials

GoM would examine whether a GST rate cut or exemption would be required for medical grade oxygen, pulse oximeters, hand sanitisers, oxygen therapy equipment like concentrators, ventilators, PPE kits, N-95 and surgical masks and temperature checking equipment.

from Zee News :Business

Good news for SBI customers! Cash withdrawal rules changed, check here

The state-owned bank has now increased the cash withdrawal limit from non-home branches. 

from Zee News :Business

PPF, NSC, Senior Citizen Scheme: These Govt Schemes Offer up to 6.9% Return. Details Here

PPF, NSC, Senior Citizen Scheme, Sukanya Samriddhi Scheme: Here are the updated interest rates on various small savings plans

from Top Business News- News18.com

Children orphaned due to COVID-19 to get free health insurance under Ayushman Bharat, check details

All children will be enrolled as a beneficiary under Ayushman Bharat Scheme (PM-JAY) with a health insurance cover of Rs. 5 lakhs.

from Zee News :Business

Divi’s Labs net rises 29% on higher income

Drugmaker Divi’s Laboratories reported consolidated net profit rose 29% to ₹502 crore for the quarter ended March. It came on the back of the total in

from The Hindu - Business

‘Lockdown changed customers’ holiday patterns’

We are managing to keep our head above water with collections from members: Sterling Resorts chief

from The Hindu - Business

Settle cyclone claims early, IRDAI tells general, health insurers

Also, efforts should be made to ensure that digital processes are resorted to the extent possible for assessment of claims, the Authority said

from The Hindu - Business

Saudi Arabia to supply more oxygen, containers to India

Last month, Saudi Arabia shipped 80 tonnes of liquid oxygen to India and now three more containers with 60 tonnes of oxygen and another 100 containers to ferry them.

from The Hindu - Business

Mahindra Thar SUV gets more than 55,000 bookings, waiting period is 10 months

In the month of April, Mahindra Thar received 50,000 bookings and the company has revealed that every one out of two Thar SUVs sold seems to be the automatic ones. In totality, the automatic version of Thar SUVs contributes to about 47 percent of the overall bookings.

from Zee News :Business

Oral Drug to Treat 'Black Fungus' Ready for Technology Transfer: IIT Hyderabad Researchers

A 60mg tablet, which can be priced at about Rs 200, is patient friendly as its slow and sustained release in the body reduces nephrotoxicity (adverse impact of medicines and chemicals on the kidney, IIT said in a release on Saturday .

from Top Business News- News18.com

Government stops Central allocation of Remdesivir to States as supply improves

The government has also increased the number of plants producing Remdesivir from just 20 to 60 plants within a month, he added.

from The Hindu - Business

Petrol price crosses ₹ 100 a litre in Mumbai

Petrol price on Saturday crossed the ₹ 100-a-litre mark in Mumbai after the 15th increase in fuel prices this month.Petrol price was increased by 26

from The Hindu - Business

Bicycle demand growth pedalling to decadal high in India, here’s why

The industry is classified into four segments -- standard, premium, kids and exports. Demand for standard bicycles, which is the largest segment (accounting for half of all bicycles sold in 2020) is driven by government purchases.

from Zee News :Business

Bank credit growth slows to 5.6 pc in March: RBI

Public sector and private sector banks recorded 3.6 per cent and 9.1 per cent credit growth respectively while lending by foreign banks declined during 2020-21.

from Zee News :Business

Gold Price Today, 29 May 2021: Gold selling at Rs 47,490 in Delhi, check prices in other cities

Gold prices in India plummeted most of the days in the ongoing week. However, the increased a little on Friday (May 28). Currently, the price of the 22-carat gold rate in Delhi stands at Rs 46,490 up Rs 90 and the price of 24-carat gold stands at Rs 47,490, up by Rs 90. 

from Zee News :Business

Late fee relief to non-filers of GST returns to help small biz, add to revenue: Experts

The late fee for non-furnishing of GSTR-3B for July 2017 to April 2021 has been capped at Rs 500 per return for those taxpayers who did not have any tax liability.

from Zee News :Business

Rakesh Jhunjhunwala, India’s Big bull, goes bullish on THESE five stocks

Jhunjhunwala revealed that he is currently bullish on Indian PSU bank stocks, besides other shares trading on India’s indices. 

from Zee News :Business

GST Council Discussed Tax Relief on COVID Medicines, Essentials: Maharashtra Deputy CM

GST compensation of Rs 24,000 crore due from Centre to Maharashtra was also sought on an immediate basis, Pawar said

from Top Business News- News18.com

Air travel alert! Domestic flights to cost 15% more from June 1, check revised rates here

Air carriers in India are facing massive losses, as travellers aren’t feeling secure enough for flying amid the rising cases of Covid-19 in the country. 

from Zee News :Business

Petrol At Rs 100 in Mumbai: Know How Much Tax You Pay to Centre, States for Fuel

Petrol price has increased by Rs 3.30 per litre and diesel by Rs 3.89 in May. Take a look at how much taxes you pay on petrol and diesel

from Top Business News- News18.com

Dubaicoin, which rose over 1000%, isn’t the city’s official coin, check reality here

In the crazy cryptocurrency world, we often hear the news of a digital coin rising either sharply without strong fundamentals. In one such case, a newly launched cryptocurrency named Dubaicoin jumped over 1000% on crypto exchanges within 24 hours of its launch. 

from Zee News :Business

Petrol Price Crosses Rs 100 in Mumbai; Highest Ever. Check Fuel Rates in Other Cities

While petrol has become expensive by up to 26 paise, diesel is costlier by up to 30 paise on May 29, according to Indian Oil Corporation.

from Top Business News- News18.com

Petrol breaches Rs 100 mark in Mumbai, check prices in your city

Petrol and diesel prices are now selling at record highs in many cities across India. Since May 4, petrol prices have surged by Rs 3.59 per litre while diesel rates have increased by 4.13 per litre this month. 

from Zee News :Business

PF Withdrawal Rule: Know How to Withdraw Money from Your EPF Account Online

The contributions made by the employee, employers and the interest on it remain saved in an EPF account of the workers and can be withdrawn with certain conditions.

from Top Business News- News18.com

Google, Facebook, WhatsApp Comply With New Digital Rules, Share Details with IT Ministry; Twitter Yet to

After the new norms came into effect on May 26, the IT Ministry had asked social media companies to provide details of the three key officials appointed.

from Top Business News- News18.com

Google, Facebook, WhatsApp Comply With New Digital Rules, Share Details with IT Ministry; Twitter Yet to

After the new norms came into effect on May 26, the IT Ministry had asked social media companies to provide details of the three key officials appointed.

from Top Business News- News18.com

Bank Holidays in June: Banks to Remain Shut On These Days Next Month. Full List

The banking holidays depend on festivals being observed in specific states and might differ from one state to the other

from Top Business News- News18.com

GST Council meet begins, tax rate cut on COVID essentials, compensation to states on agenda

The GST Council in its meeting on Friday would take up for discussion proposal for cut in the tax rate on COVID medicines, vaccines and oxygen equipm

from The Hindu - Business

HC asks Delhi govt., GST Council to consider GST relief on purchased COVID imports

Oxygen regulators attract an IGST of 5%, while cylinders and the rakes for carrying the regulators for them are liable to 18% IGST.

from The Hindu - Business

Pulses, edible oils may get expensive, cereals may get cheaper, here’s why

The prices of cereals may soften going forward on the back of bumper foodgrains production in 2020-21. 

from Zee News :Business

PM-KISAN scheme: Is there any landholding limit for farmers to get annual benefit of Rs 6,000? Know here

PM-KISAN aims to provide income support to all landholder farmer families across the country with cultivable land, subject to certain exclusions.

from Zee News :Business

Aadhaar card alert! UIDAI discontinues THIS important service

UIDAI informed the customer that he can order an Aadhaar PVC card online, instead. “You can also take a print of your e-Aadhaar if you wish to keep it in a flexible paper format."

from Zee News :Business

OMCs delay petrol price climb to Rs 100/litre in Mumbai

With no change in prices on Friday, the pump price of petrol in Mumbai continues to remain at Rs 99.94 a litre. Similarly, diesel prices in the city is also static at Rs 91.87 a litre, the highest among all four major metro cities in the country.

from Zee News :Business

Tata Acquires Majority Stake in BigBasket; to Compete Against Amazon, Flipkart

Tata Digital has picked up 64.3% stake in the online grocery for Rs 9,500 crore, according to media reports.

from Top Business News- News18.com

In the Face of the Pandemic, Nick Kozmin Helps Install High-Functioning Remote Teams

With the pandemic changing the way the world does business, it has become essential to embrace the concept of remote working.

from Zee News :Business

Importance of Giving Back and Voluntary Service for Youngsters to Learn and Grow – Ian Northmark

Ian Northmark is a financial advisor and entrepreneur who wants to do his best to give back to the world.

from Zee News :Business

GST Council Meeting Live Updates: Will Govt Remove GST on Oxygen Concentrators, Medical Devices?

FM Nirmala Sitharaman chairs the first GST Council meeting of this fiscal on Friday. From GST compensation to states to tax on essential COVID supplies, a host of issues will be discussed on today's meet

from Top Business News- News18.com

Sven Platte lists the most critical personality traits for career success

Sven Platte, a serial entrepreneur who is an expert in motivation, coaching, and business development, reflects on the five personality traits that have made him a success. 

from Zee News :Business

Zak Catchem Shares His Insights on Transforming Your Passion into Action

Why do so many people start well but find themselves losing focus and interest in what they have set out to achieve? 

from Zee News :Business

Sensex rallies over 300 points in early trade; Nifty tops 15,400

The 30-share BSE index was trading 306.57 points or 0.60 per cent higher at 51,421.79, and the broader NSE Nifty surged 101.15 points or 0.66 per cent to 15,439.

from Zee News :Business

Giovanna Silvestre Reveals Success Strategies Based on Real-Life Experiences in Her New Course, "Free of Fear"

Giovanna Silvestre will soon be launching her first book “Confused Girl, Find Your Peace In The Chaos” and is also currently focused on designing her course “Free of Fear” to help people break through their known and unknown anxieties and embrace life to follow their dreams. 

from Zee News :Business

How Actor Shivam Phutela Harnessed Social Media During the Pandemic

While the world was unprepared for the pandemic, the opposite held true for Shivam Phutela. An advocate of social media campaigns, he was in an optimal place when COVID swept the globe. In no time, Shivam Phutela was able to increase discovery and engagement

from Zee News :Business

Stock Market Update: Sensex Rallies Over 300 Points in Early Trade; Nifty Tops 15,400

ONGC was the top gainer in the Sensex pack, jumping over 3 per cent, followed by Reliance Industries, SBI, IndusInd Bank, HDFC, ICICI Bank and Axis Bank.

from Top Business News- News18.com

Sensex rallies over 300 points in early trade; Nifty tops 15,400

Global cues are positive with the U.S. economy showing a rise in jobs indicating sharp economic recovery.

from The Hindu - Business

First GST Council meet today in nearly 8 months, to discuss tax rate on COVID essentials, compensation to states

The 43rd meeting of the top decision-making body is likely to discuss a reduction in the tax rate on Covid medicines, vaccines and medical equipment as well as means to make up for the shortfall in revenues promised to states.

from Zee News :Business

Gold Price Today, 28 May 2021: Gold cheaper by Rs 7700 from record high, should you invest?

On the Multi Commodity Exchange (MCX), Gold futures for June month are trading 0.28% down at Rs 48440 per 10 grams.  

from Zee News :Business

Gold Price Today: Yellow Metal Drops for Third Straight Day. Should You Invest Now?

Gold Price Today: On the Multi-Commodity Exchange (MCX), gold futures dipped 0.30% to Rs 48,435 for 10 grams at 9.30 am on May 27

from Top Business News- News18.com

Stocks to Watch Today: Eicher, Metropolis Healthcare and More

The SGX Nifty was trading 46.00 points or 0.30 percent higher at record high levels of 15,460.00 at 07:10 AM IST, indicating a positive start.

from Top Business News- News18.com

GST Council Meet Today: Compensation to Extension of GST Deadlines, What to Expect

43rd GST Council Meet: From compensation to states to tax waivers on various medicines and medical devices — a host of issues will be discussed today

from Top Business News- News18.com

Petrol, Diesel Prices Today, May 28, 2021: Fuel prices remain unchanged after touching record highs, check rates in metro cities

Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. 

from Zee News :Business

Bitcoin: Indian Investors Can Lend Cryptocurrencies, Earn More Returns. Here's How

Through the ZebPay Lending Platform, users can earn passive returns on top of those gained from a rise in crypto prices, CEO shared.

from Top Business News- News18.com

Lawsuit claims Apple monopolizes heart-rate technology for Apple Watch

AliveCor Inc said Apple shut out rivals by changing the heart-rate algorithm on its watch's operating system, making rival technology incompatible.

from The Hindu - Business

How Dr. Jonathan Kaplan Attracted A Massive Following By Leveraging Social Media

Dr. Kaplan was born and raised in Louisiana but underwent his general surgery and plastic surgery training in New Orleans and the Cleveland Clinic respectively.

from Zee News :Business

Concerned over Delhi Police’s intimidation tactics, says Twitter

It has sought three-month extension of compliance window for new IT Rules.

from The Hindu - Business

How Oni Seed Co Became a Household Name in LA in Record Time

After years of developing cannabis strains, Oni Seed Co burst onto the new cannabis scene with excellent stains like Tropicanna Cookies and Papaya hybrid lines.

from Zee News :Business

Perseverance is the key to success, as per Gino Fracchiolla

Born in Bari, Italy, Gino grew up in the United States, between New York and Los Angeles. His life took a turn when he got involved in drugs and gangs. This cost him years of sobriety and resulted in almost 10 years of his life being spent behind bars for drug trafficking.

from Zee News :Business

Working closely with Jio to build affordable smartphone: Google CEO Sundar Pichai

“...we are committed to making progress on the project and we are working with them (Jio),” Mr. Pichai said at a virtual conference with select reporters from Asia Pacific.

from The Hindu - Business

Seven non-BJP-ruled States seek GST loss compensation

The Finance Ministers of non-BJP-ruled States raised their demands at a virtual meeting hosted by Rajasthan Minister Shanti Dhariwal ahead of the GST Council's meet scheduled for May 28.

from The Hindu - Business

Jeff Bezos to step down on July 5, pass baton to new Amazon CEO Andy Jassy

Bezos, who grew Amazon from an internet bookstore to an online shopping behemoth, said Wednesday that Amazon executive Andy Jassy will take over the CEO role on July 5.

from Zee News :Business

Jeff Bezos yet again claims number 1 position as world’s richest man

Jeff Bezos' net worth has grown by 34 per cent on average over the last five years.

from Zee News :Business

Zydus Cadila Seeks DCGI Nod for Human Clinical Trials of Antibodies Cocktail to Treat Covid-19

Zydus said it is the only Indian company to have developed a neutralizing monoclonal antibody based cocktail for the treatment of COVID-19.

from Top Business News- News18.com

Amazon Founder Jeff Bezos to Formally Step Down as CEO on July 5

Jeff Bezos, who grew Amazon from an internet bookstore to an online shopping behemoth, said Wednesday that Amazon executive Andy Jassy will take over the CEO role on July 5

from Top Business News- News18.com

Petrol crosses ₹100/litre in Thane, hits ₹99.94 in Mumbai

The increase — 14th this month - took petrol and diesel prices to an all-time high across the country.

from The Hindu - Business

Sensex, Nifty start on choppy note ahead of F&O expiry

After opening on a positive note, the 30-share BSE index slipped into red to trade 67.33 points or 0.13 per cent lower at 50,950.19, and the broader NSE Nifty fell 11.20 points or 0.07 per cent to 15,290.25.

from Zee News :Business

Amazon acquires MGM in a mega $8.45 billion deal

Completion of the Amazon-MGM multi-billion transaction is subject to regulatory approvals and other customary closing conditions.

from Zee News :Business

Facebook, Twitter cannot dictate terms, must follow rules in India: Zoho CEO Sridhar Vembu

Sovereignty matters. India has to determine what is appropriate for our standards, our values, all of that. And we don't want a Facebook or Twitter dictating terms to us, said Zoho founder and CEO Sridhar Vembu

from Top Business News- News18.com

Bank holidays June 2021: Banks to remain closed for 9 days in total, check out important dates

As per the Reserve Bank of India (RBI) holiday calendar list 3 will be holidays for different occassions while other are weekly holidays. 

from Zee News :Business

NPS Withdrawal Rule Change: Soon, Subscribers Can Withdraw Full Lifetime Contributions

NPS Withdrawal Rule: The new rule will permit NPS holders to park their money where they get the better return. All you need to know

from Top Business News- News18.com

Jeff Bezos says will pass baton to new Amazon CEO on July 5

He will become executive chair at Amazon and focus on new products and initiatives.

from The Hindu - Business

Gold slips from 4-1/2-month peak as dollar regains footing

Spot gold was down 0.1% at $1,894.88 per ounce by 0235 GMT, after hitting its highest since Jan.8 at $1,912.50 on Wednesday.

from Zee News :Business

Petrol to Touch Rs 100/litre in Mumbai; Diesel at All-Time High. Know Today's Fuel Rates

While petrol has become costlier by 24 paise, diesel has been increased by 30 paise on May 27

from Top Business News- News18.com

Petrol, Diesel Prices Today, May 27, 2021: Petrol prices just 6 paise short of breaching Rs 100 in Mumbai

Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. 

from Zee News :Business

7th Pay Commission: Govt employees to get hiked salary from July 1, check out the expected pay matrix

Lakhs of central government employees who have been eagerly waiting for hike in the Dearness Allowance (DA) will get revised salary from July 1.

from Zee News :Business

Market update: Sensex rallies 380 pts, Nifty reclaims 15,300

"Domestic equities remained upbeat as improved visibility about economic recovery from 2QFY22 continued to lift investors' sentiments," said Binod Modi, Head - Strategy at Reliance Securities.

from Zee News :Business

IFSC Code is a Must To Transfer Money Online. How to Locate your SBI IFSC Code

An IFSC code is an alphanumeric code that is important for the facilitation of electronic funds transfer in India. IFSC code is assigned to every bank branch by the RBI.

from Top Business News- News18.com

PharmEasy Acquires Medlife; Becomes Largest Online Healthcare Delivery Platform in India

PharmEasy will also be looking forward to onboarding Medlife's retail partners and continuing their journey with the brand

from Top Business News- News18.com

Income Tax Authorities Can Share Info with Scheduled Commercial Banks: CBDT

Section 138 of the Income Tax Act empowers income tax authorities to share information/ details of its taxpayers with other agencies

from Top Business News- News18.com

Koo Raises $30 Million Funding Led by Tiger Global

Notably, the fund raising comes amid new IT intermediary rules taking effect, translating into greater accountability and scrutiny for social media companies, including Twitter and Facebook

from Top Business News- News18.com

9 big companies in race to get New Delhi Railway station re-development project worth Rs 6,500 crore

RLDA will float the Request for Proposal (RFP) for qualified bidders of the New Delhi Station redevelopment project worth Rs 6,500 crore.

from Zee News :Business

Good news for motorists! No Toll tax if queue longer than 100 meters

The rules are in concomitance with the rules of the National Highway Authority, whereby no toll plazas can make motorists wait for more than 3 minutes. 

from Zee News :Business

Gold Price Today, 26 May 2021: Gold cheaper by Rs 7,100 from record level, silver shines above Rs 72,500

On Multi Commodity Exchange (MCX), Gold futures for June month are trading at Rs 500 higher to over Rs 49,000 per 10 gram. 

from Zee News :Business

ICICI Bank Now Giving Users Choice to Sync UPI ID With 'Pockets' e-Wallet Instead of Saving Account

The Pocket wallet with UPI support will essentially streamline transactions undertaken daily from their savings account. It would also allow users to de-clutter savings account statement of multiple entries.

from Top Business News- News18.com

Musk, crypto miners to set up council to promote sustainable bitcoin mining

The Bitcoin Mining Council will consist of miners who commit to publishing current and planned renewable usage, Musk tweeted, calling the move “potentially promising”.

from The Hindu - Business

ITR filing FY 2020-21: Minor changes in ITR forms, know how it affects ITR-1 Sahaj

You must keep these 9 Checklist of documents or information for filing ITR-1 SAHAJ.

from Zee News :Business

Amid 2nd wave of COVID, Indian households grapple with late e-grocery deliveries

Similar to last year, this year too, e-commerce players are failing to deliver products on time.

from Zee News :Business

Koo raises $30mn funding led by Tiger Global

Existing investors Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator also took part in the round, Koo said in a statement.

from The Hindu - Business

Petrol prices near Rs 100/litre in Mumbai, why are fuel prices rising?

Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest value-added tax (VAT) on petrol in the country, followed by Madhya Pradesh and Maharashtra.

from Zee News :Business

Sensex jumps over 100 points in early trade; Nifty above 15,200

Elsewhere in Asia, bourses in Shanghai, Hong Kong and Tokyo were trading on a positive note in mid-session deals, while Seoul was in the red.

from The Hindu - Business

Lost Your Aadhaar Card? Here's How You Can Retrieve it Online

Aadhar lets you retrieve your enrollment number or the UID online through your registered mobile number and it is really a hassle-free purpose.

from Top Business News- News18.com

Business Live:

Updates from the world of economy, markets, and finance

from The Hindu - Business

WHO nod for Covaxin likely in July-September: Bharat Biotech

Emergency use authorisations were obtained in 13 countries with more set to follow.

from The Hindu - Business

Sensex jumps over 100 points in early trade; Nifty above 15,200

The 30-share BSE index was trading 125.76 points or 0.25 per cent higher at 50,763.29, and the broader NSE Nifty advanced 25.75 points or 0.17 per cent to 15,234.20.

from Zee News :Business

Stocks to Watch Today: HDFC, Bayer Crop Science, AstraZeneca Pharma India

At 7:15 am, the SGX Nifty was trading 33.50 points or 0.22 percent lower at 15,216.00, indicating a mildly negative start for the broader index in India.

from Top Business News- News18.com

Check out affordable electric cycles in India, goes upto 100 kilometers on full charge

Here's looking at some affordable electric cycles in India that have great riding experience too.

from Zee News :Business

Petrol, Diesel Prices Today, May 26, 2021: Fuel prices remain unchanged after reaching record highs; check prices in metro cities

Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. 

from Zee News :Business

Banks to Remain Shut Today in These Cities on Account of Buddha Purnima; Check Full List

Buddha Purnima 2021: Banks will remain shut in Agartala, Belapur, Bhopal, Chandigarh, Dehradun, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar on May 26

from Top Business News- News18.com

Soaring edible oil prices: Govt asks states and business to take all possible steps to soften rates

The objective of the meeting was to coordinate efforts to ensure availability of edible oils at reasonable prices.

from Zee News :Business

SBI big update! New charges on cash withdrawal, chequebook from July 1, check details here

The Additional Value Added Services of ATMs, charges related to Cheque Book will come into effect from July 1.

from Zee News :Business

Flipkart Hires 23,000 Employees Amid Second Wave of COVID-19

All new hires will be covered with our healthcare and wellness initiatives to ensure their safety during these testing times, Flipkart top official said

from Top Business News- News18.com

Dr. Ary Krau on Why You Should Start Early in Business

After you have a concrete business idea, you should take the time to develop a comprehensive business plan, according to Dr. Ary Krau.

from Zee News :Business

Allan Hu Shares the Top 5 Lessons He Learned from his vast professional experience

Finding your fortune and making a successful splash in the world takes ambition, hard work, creativity, resilience, and an ironclad sense of self-belief.

from Zee News :Business

'No role in his allopathic treatment', clarifies Patanjali after dairy head succumbs to COVID-19

Sunil Bansal, who headed the dairy business of Yoga guru Ramdev's Patanjali Ayurved, died of COVID-19, the company said on Monday, adding it had no "role in his allopathic treatment." Bansal, 57, who was Vice President in the Dairy Division of Patanjali Ayurved Ltd, died on May 19. 

from Zee News :Business

Elon Musk Tweets 'Spoke with Bitcoin Miners', Cryptocurrencies Bounce Back From Sell-off

On Monday, Elon Musk, the celebrity chief executive officer of Tesla had tweeted on bitcoins and the popular cryptocurrency jumped more than 10%

from Top Business News- News18.com

Govt Working on Economic Stimulus for Sectors Worst-Affected by COVID 2.0: Report

Finance ministry is working on proposals to bolster tourism, aviation and hospitality industries, along with small-to-medium enterprises, according to reports

from Top Business News- News18.com

Rupee Surges 13 Paise to 72.83 Against US Dollar in Early Trade

The rupee started on a positive note against the dollar, tracking the broad weakness of the Greenback this morning, Reliance Securities said.

from Top Business News- News18.com

Gold Price Today: Yellow Metal, Silver Slip. Is It a Good Time to Invest?

On MCX, the gold futures declined by 0.26% to Rs 48,429 for 10 grams at 10.50 am on May 25.

from Top Business News- News18.com

Why you should know Camilo Doumat

Through e-commerce Camilo has made 1.3 million dollars in one month and has sold 100k in one day. But it was not a stoke of luck for Camilo rather a result of perseverance and commitment to his goal.

from Zee News :Business

Luxury brands every watch lover must own once in their lifetime as Per Belal Life

Luxury watches add panache and lend an impressive look to the wearer. No wonder people across the globe nurture an undying love for luxury watches. Experts at luxury watch aggregator Belal Life state that while there’s a watch for everyone, there are brands that standout amidst a market flooded with timepieces. The company lists four such must-have luxury watch brands that every watch lover must own once in their lifetime.

from Zee News :Business

THIS person topples Amazon CEO Jeff Bezos as richest man on Earth

According to Forbes' Real Time Billionaire rankings on Monday, Arnault finished the day with $186.3 billion to his name, compared with Bezos' $186 billion billion, a whopping  $300 million above the latter.

from Zee News :Business

Petrol hits record ₹99.71/litre in Mumbai after another price hike

Petrol price was increased by 23 paise per litre and diesel by 25 paise a litre.

from The Hindu - Business

Business Live:

Updates from the world of economy, markets, and finance

from The Hindu - Business

Shibulal buys Infosys shares worth ₹100 crore from wife Kumari

Infosys co-founder S D Shibulal has bought shares worth ₹100 crore of the IT major from wife Kumari Shibulal through an open market transaction. “...

from The Hindu - Business

Hallmarking of Gold Jewellery to begin from June 15

The Hallmarking of jewellery/artefacts is required to enhance the credibility of gold Jewellry and Customer satisfaction through third party assurance for the marked purity/fineness of gold , consumer protection. This step will also help to develop India as a leading gold market center in the World.

from Zee News :Business

Amazon's Jeff Bezos Dethroned: Louis Vuitton Owner Bernard Arnault Now World's Richest

Bernard Arnault's net worth has been estimated at $186.2 billion, according to Forbes.

from Top Business News- News18.com

Sensex jumps over 250 points in early trade; Nifty above 15,250

The 30-share BSE index was trading 265.07 points or 0.52 per cent higher at 50,916.97, and the broader NSE Nifty surged 86 points or 0.57 per cent to 15,283.70.

from Zee News :Business

India attracted highest ever total FDI inflow of $81.72 billion during 2020-21

Gujarat is the top recipient state during the F.Y. 2020-21 with 37% share of the total FDI Equity inflows followed by Maharashtra (27%) and Karnataka (13%).

from Zee News :Business

Top Stocks to Watch Today: Cipla, Grasim Industries and Others

The SGX Nifty was trading 75.50 points or 0.50 percent higher at 15,277.00 as of 7:15 am, indicating a positive start for the broader index in the country.

from Top Business News- News18.com

Dearness Allowance hike update! Variable DA of Central govt employees hiked, know benefits and other details

The VDA is revised on the basis of average Consumer Price Index for industrial workers (CPI-IW) a price index compiled by Labour Bureau. 

from Zee News :Business

Petrol, Diesel Prices Today, May 25, 2021: Petrol prices just 29 paise short of breaching Rs 100 in Mumbai

Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. 

from Zee News :Business

Zeta Becomes Latest Entrant to Unicorn Club With $250 million SoftBank-Led Funding

Zeta has raised $250 million in its Series D round led by SoftBank Vision Fund 2.

from Top Business News- News18.com

Looking to buy a used electric vehicle? Here are the things you need to keep in mind

Even if the EV market stands at a nascent stage in India, the demand for these vehicles has only seen a rise. However, the challenge is that there is limited availability of vehicles in the market. Still, you can explore an option to buy pre-owned vehicles from the market. Therefore, it is important to consider certain criteria before you buy a used pre-owned vehicle.

from Zee News :Business

TDS Filing Due Date Extended by a Month; Form 16 Delayed till July 15. Know New Rules

In the latest TDS return filing forms, one more column has been added for those employees who want to opt for the new tax regime. Know details

from Top Business News- News18.com