Saturday 31 July 2021

Forgot your debit card? THIS bank will help you to withdraw cardless cash

The minimum withdrawal range is Rs 100 per transaction and it can go up to a maximum of Rs 10,000 per day or Rs 25,000 per month for a beneficiary.

from Zee News :Business

Krsnaa Diagnostics IPO Next Week: Date, Price Band, GMP, Listing, 10 Points

The company aims to use the proceeds to finance the cost of establishing new diagnostics centres in Punjab, Karnataka, Himachal Pradesh, and Maharashtra.

from Top Business News- News18.com

Upcoming IPOs next week: Check initial offers of Krsnaa Diagnostics, Devyani, Exxaro and Windlas

In the first week of August itself, four companies are coming up with their IPOs. These companies include Krsnaa Diagnostics, Devyani International, Exxaro Tiles Limited and Windlas Biotech Limited. 

from Zee News :Business

PM Kisan Scheme: Know When 9th Instalment To Be Released

The financial assistance is provided to small and marginal farmer families having combined landholding/ownership up to 2 hectares.

from Top Business News- News18.com

4 Upcoming IPOs Next Week: Krsnaa Diagnostics IPO, Devyani International IPO, Exxaro, More

IPOs in August 2021: Windlas Biotech Limited, Exxaro Tiles, Krsnaa Diagnostics and Devyani International are all looking to debut with their IPOs on August 4.

from Top Business News- News18.com

RBI New Rules: Salary, SIP payments, EMIs, Insurance Premium rules to change from August 1

Currently, this facility of crediting salary is operational on working days of banks and therefore, the auto-debits are not allowed on bank holidays, gazetted holidays and even Sundays. 

from Zee News :Business

Looking for the first job after college? Here’s how to negotiate your salary for more cash in hand

IT companies and tech start-ups hire a lot of freshers. Picture this, a teamlease report revealed recently that companies’ main intention to hire fresh graduates from college surged by 7% in July-September 2021.

from Zee News :Business

Elon Musk vs Apple: Tesla CEO Snipes at Cook Again. Latest on Apple App Store Charges

Elon Musk criticised Apple's App Store charges and said that allowing companies to use other payment options, especially for in-app purchases would be fair.

from Top Business News- News18.com

SBI YONO Lite app: THIS new feature will make online banking safe; Check how to register

State Bank of India (SBI) has come up with a new feature to its Yono Lite app as it provides safety for customers and prevents online frauds in digital transactions. To get these features, a user needs to update their existing app to keep using the SBI Yono Lite.

from Zee News :Business

Petrol, Diesel Prices Today Held Steady for Over 2 Weeks. Check Fuel Prices

Petrol, Diesel Prices Today July 31, 2021: Petrol Rates have been unchanged for 14 days, while diesel prices have stagnated for 16 days.

from Top Business News- News18.com

Explained | Will pre-packaged bankruptcy terms help small businesses?

The latest amendments to the IBC, 2016 allow the use of “pre-packs” to resolve insolvency proceedings involving micro, small and medium-scale enterprises. A pre-pack is a way of resolving the troubles of creditors and owners of a distressed business.

from The Hindu - Business

Gold Price Today, 31 July 2021: Gold gains to reach Rs 47,390, check prices in metros

In Chennai, gold price stood at Rs 45,630 per 10 gram of 22-carat  and that of 24-carat gold is Rs 49,780. In Kolkata, gold is priced at Rs 47,410 per 10 gram of 22-carat and that of 24-carat gold is Rs 50,110.

from Zee News :Business

ATM Withdrawal, ICICI Bank, Salary, EMI, LIC Premium Rule to Change from August. Details Here

RBI Changes, August 1: ATM interchange fees and IPPB doorstep service charges have been hiked; charges for ICICI Banks have changed; NACH to be open 24x7.

from Top Business News- News18.com

Petrol, Diesel Prices Today, July 31, 2021: Fuel prices remain unchanged for 14th day, check rates in your city

Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. 

from Zee News :Business

Microsoft in Talks to Buy Stake in OYO: Sources

Earlier this month, OYO had raised a term loan B (TLB) funding of USD 660 million (nearly Rs 4,920 crore) from global institutional investors

from Top Business News- News18.com

Bank Holidays in August: Lenders to be Shut for 15 Days Next Month. Check Full List

On August 19, Muharram (Ashoora), lenders in 17 cities will have an off. On August 30, banks in 15 cities will have off. The rest of the leaves are scattered.

from Top Business News- News18.com

Walmart, Disney announce new COVID-19 steps amid Delta surge

The moves come as U.S. officials redouble efforts to encourage more vaccinations in response to the highly contagious Delta variant of COVID-19.

from The Hindu - Business

Business Highlights: Consumer Spending, Robotic Police Dogs

American consumers increased their spending by 1% in June a dose of energy for an economy that is quickly rebounding from the pandemic recession but is facing new risks led by the delta variant of the coronavirus. At the same time, a key inflation barometer that is closely followed by the Federal Reserve surged 3.5% last month from a year earlier. That was the fastest such 12month surge since 1991. Junes solid increase in consumer spending provided further evidence that consumers are driving a strengthening recovery from the pandemic recession.

from Top Business News- News18.com

Rakesh Jhunjhunwala’s new airline may give Boeing a chance to regain lost ground

Mr. Jhunjhunwala’s Akasa Air comes at a time when aviation industry is reeling from the impact of the pandemic

from The Hindu - Business

U.S. Stocks Slip, Dollar Has Worst Week In Almost Two Months

U.S. stocks dropped on Friday to pull further from record highs as an underwhelming earnings report from Amazon.com Inc dampened the market mood, while the dollar bounced from its lows but still suffered its worst week in nearly two months.

from Top Business News- News18.com

Amazon, Pinterest Fall; Charter, DexCom Rise

Stocks that traded heavily or had substantial price changes Friday:

from Top Business News- News18.com

Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery rose 33 cents to $73.95 a barrel Friday. Brent crude oil for September delivery rose 28 cents to $76.33 a barrel.

from Top Business News- News18.com

US Regulators Step Up Scrutiny Of IPO Hopefuls From China

Chinese companies hoping to sell their shares in the United States must start making more disclosures about their potential risks before U.S. regulators will allow them to list their stock.

from Top Business News- News18.com

Friday 30 July 2021

Airtel, Vodafone Idea Recharge Plans To Get Costlier. Your Mobile Bill Will Go Up

Airtel, Vodafone Idea Recharge Plans: The move comes as telcos are looking for various ways to improve cash generation to meet the upcoming adjusted gross revenue (AGR) dues

from Top Business News- News18.com

CII, Serum Institute of India join hands for vaccination drive in smaller towns, rural areas

Growth critically rests on how soon eligible population is vaccinated: CII

from The Hindu - Business

Glenmark Life Sciences IPO: GMP, Allotment, Listing Date, All You Need to Know

The allotment is set for August 3, while August 5 is set for the accreditation of shares to bidders’ Demat accounts. Listing is likely on August 6.

from Top Business News- News18.com

Rupee inches 2 paise higher at 74.27 against U.S. dollar in early trade

On July 29, the rupee had settled at 74.29 against the U.S. dollar.

from The Hindu - Business

Sensex rises over 125 points in early trade, Nifty tops 15,800

Tech Mahindra was the top gainer in the Sensex pack, rising over 8%.

from The Hindu - Business

8.5% interest rate to be credited in account by tomorrow? Check PF balance using these 4 ways

PF subscribers can check their PF Balance from the comfort of home using four different ways --check PF balance using SMS, online, missed call and UMANG App.

from Zee News :Business

Gold Price Today Flat Near Rs 48,400, Investors Should Book Profit, Say Experts

Gold Price Today, July 30, 2021: On the Multi-Commodity Exchange (MCX), August gold contracts fell 0.06 per cent to Rs 48,368 for 10 grams at 0930 hours

from Top Business News- News18.com

Rolex Rings IPO: Grey Market Premium Rises on Last Day of Subscription. Should you Book?

The Allotment date for Rolex Rings Limited it is set to be on August 4, while the Listing date for the company on the NSE and BSE is tentatively on August 9.

from Top Business News- News18.com

Business news live: Didi Global denies media report it plans to go private

Top news of the day from the world of business, finance and economy.

from The Hindu - Business

Bitcoin Price Today Stable Above $40,000; Ether Sees Huge Jump. Know Top Crypto Rates

Bitcoin, Ether Price Today: Bitcoin price has jumped 23.20 per cent in the last seven days. Ether is trading above $2,400-level

from Top Business News- News18.com

Petrol, Diesel Prices Remain Unchanged for Almost 2 Weeks. Check Fuel Prices Today

Petrol, Diesel Prices Today July 30, 2021: Oil prices rose again on Thursday, which left the global benchmark of Brent crude futures at $76 a barrel.

from Top Business News- News18.com

BOJ Policymaker Sees Prospects Of Deeper Debate On Price Goal This Year

The Bank of Japan may see conditions fall in place to begin debating a new strategy for hitting its price target around the end of this year, as the economy shakes off the blues from the COVID19 pandemic, its board member Asahi Noguchi told Reuters.

from Top Business News- News18.com

Flight Attendants Report High Frequency Of Unruly Passengers

Nearly one in five flight attendants say they have gotten into a physical incident this year with a passenger, and their union is calling for criminal prosecution of people who act up on planes.

from Top Business News- News18.com

Business Highlights: Economic Growth, Robinhood's IPO

Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. The total size of the economy has now surpassed its prepandemic level. The government estimated that the nations gross domestic product accelerated in the AprilJune quarter from an already robust 6.3% annual growth rate in the first quarter of the year. The quarterly figure fell well below the 8%plus annual growth rate that many economists had predicted for the second quarter. But the miss was due mainly to bottlenecks in supply chains related to the rapid reopening of the economy.

from Top Business News- News18.com

Oil Settles Up, Brent Tops $76 As U.S. Supplies Tighten More

Oil prices rose on Thursday, with global benchmark Brent topping $76 a barrel, as supplies in the United States tightened further after shrinking to the smallest levels since January 2020.

from Top Business News- News18.com

Amazon Delivers A Mixed Bag Of 2Q Results, Shares Slide

Amazon on Thursday turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating on profits.

from Top Business News- News18.com

Ford, Qualcomm Rise; Citrix Systems, PayPal Fall

Stocks that traded heavily or had substantial price changes Thursday:

from Top Business News- News18.com

How Major US Stock Indexes Fared Thursday

Stocks pushed broadly higher on Wall Street Thursday, helping the S&P 500 claw back the ground it lost over the previous two days and turn slightly higher for the week.

from Top Business News- News18.com

Amazon Sales Forecast Misses Estimates, Shares Fall

Amazon.com Inc's forecast for thirdquarter sales missed Wall Street expectations on Thursday, as consumers return to brickandmortar stores after shopping more online for the past year due to the pandemic.

from Top Business News- News18.com

Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery rose $1.23 to $73.62 a barrel Thursday. Brent crude oil for September delivery rose $1.31 to $76.05 a barrel.

from Top Business News- News18.com

Toyota to increase price of Innova by 2% from August

This increase was necessitated to partially offset the substantial increase in input costs

from The Hindu - Business

Sachin Tendulkar bets big on JetSynthesys, invests Rs 14.8 crore in startup

Tendulkar joins the bandwagon of existing shareholders of JetSynthesys - Adar Poonawalla, Kris Gopalakrishnan, and family offices of the promoters of Thermax, Triveni Group, Yohan Poonawalla Group, and DSP Group. 

from Zee News :Business

LIC pension plan: Get Rs 12,000 monthly pension on one-time investment

The minimum age limit to invest in LIC Saral Pension Scheme is 40 years while the maxim age limit is 80 years. 

from Zee News :Business

Thursday 29 July 2021

Bitcoin Price Hovers Around $40,000 Today, Ether Flat. Know Top Cryptocurrecny Rates

Bitcoin price jumped 0.29 per cent on day to $39,780.92 at 0835 hours IST on July 29 on coinmarketcap.com Index

from Top Business News- News18.com

Business news live: U.S. Fed says economic recovery remains on track despite COVID-19 surge

Top news of the day from the world of business, finance and economy.

from The Hindu - Business

Tatva Chintan Pharma Chem Stock to Debut on BSE, NSE Today. Time, Listing Price

Tatva Chintan Pharma Chem Limited: Bumper bidding for stocks, soaring premium at the grey market signal that the pharma stock may double the investor wealth when it opens on the bourses on Thursday

from Top Business News- News18.com

Petrol, Diesel Prices Unchanged for 12 Days in a Row. Check Fuel Prices

Petrol, Diesel Prices Today July 29, 2021: US crude inventories retreated to pre-pandemic levels and Oil stabilised near $75 per barrel on Wednesday.

from Top Business News- News18.com

Ford Raises 2021 Profit Outlook, Eyes Shift To Build-to-order

Ford Motor Co on Wednesday boosted its 2021 profit forecast after reporting betterthanexpected quarterly results, lifting the No. 2 U.S. automaker's shares nearly 3%.

from Top Business News- News18.com

SoftBank Sells 45 Million Shares In Uber - Source

SoftBank is selling about 45 million of its shares in Uber Technologies Inc, a source familiar with the matter told Reuters on Wednesday.

from Top Business News- News18.com

Facebook doubles profit, but sees cooling growth

The number of people using the social network monthly climbed to 2.9 billion.

from The Hindu - Business

Oil Settles Up Near $75; Sharp U.S. Inventory Drop Counters Virus Worry

Oil settled near $75 a barrel on Wednesday after data showed U.S. crude inventories fell to prepandemic levels, bringing the market's focus back to tight supplies rather than rising COVID19 infections.

from Top Business News- News18.com

Business Highlights: Powell On Economy, Google Delays Return

The spread of the COVID19 delta variant is raising infection rates, leading some businesses and governments to require vaccinations and raising concerns about the U.S. economic recovery. But Federal Reserve Chair Jerome Powell injected a note of reassurance, suggesting that the delta variant poses little threat to the economy, at least so far. Powell spoke after the Fed ended its latest policy meeting in which it it signaled that the economy is moving closer to the substantial further progress it wants to see before reducing the $120 billion in Treasury and mortgage bonds it is buying each month to try to spur more borrowing and spending.

from Top Business News- News18.com

Qualcomm Forecasts Sales Above Wall Street As Supply Bottlenecks Ease

Qualcomm Inc on Wednesday forecasted fiscal fourth quarter revenue higher than Wall Street expectations thanks to sales of 5G phones, including Apple Inc's iPhones, and a growing portfolio of other chips.

from Top Business News- News18.com

US Dollar, Stocks Dip As Fed Keeps Taper Timing Close To Chest

U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.

from Top Business News- News18.com

Facebook Doubles Q2 Profit As Revenue Soars

Facebook doubled its profit in the second quarter thanks to a massive increase in advertising revenue, especially the average price of ads it delivers to its nearly 3 billion users.

from Top Business News- News18.com

Ford Posts 2Q Profit; Factory Output Better Than Expected

Skyhigh sales prices for its pickup trucks and SUVs helped Ford Motor Co. turn a surprise secondquarter profit despite a global shortage of computer chips that cut production.

from Top Business News- News18.com

Alphabet, Boeing Rise; Spotify, CoStar Group Fall

Stocks that traded heavily or had substantial price changes Wednesday:

from Top Business News- News18.com

How Major US Stock Indexes Fared Wednesday

Stocks ended a wobbly day with mixed results Wednesday after the Federal Reserve said it was seeing improvement in the economy, but not enough to start dialing down its support measures.

from Top Business News- News18.com

US Stocks Bounce, Dollar Softens As Fed Says Recovery On Track

U.S. stocks edged higher on Wednesday and the dollar slipped into losses after the Federal Reserve said the economic recovery was on track, but offered no clues about when monetary policy will eventually be tightened.

from Top Business News- News18.com

Tesla Hikes Electric Car Prices In U.S.; Holds Line In China

Tesla Inc showed signs of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.

from Top Business News- News18.com

Fed Says U.S. Economic Recovery On Track Despite COVID-19 Surge

The U.S. economic recovery remains on track despite a rise in coronavirus infections, the Federal Reserve said on Wednesday in a new policy statement that remained upbeat and flagged ongoing talks around the eventual withdrawal of monetary policy support.

from Top Business News- News18.com

American Airlines Crews Say Lodging Is Lacking On The Road

Passengers on American Airlines has been dogged by flight delays this summer, and now flight attendants and pilots say the airline is failing to secure hotel rooms, sometimes forcing employees to sleep in airports.

from Top Business News- News18.com

Fed notes improving economy, a step toward easing support

The Fed’s latest policy statement comes as the economy is sustaining a strong recovery from the pandemic recession

from The Hindu - Business

Raj Kundra, Shilpa Shetty Fined Rs 3 Lakh by SEBI for Flouting Insider Trading Rules

Shetty, Kundra and Viaan Industries were slapped with the hefty fine for an alleged three-year delay in disclosing an allocation of preferential shares.

from Top Business News- News18.com

‘Deposits up to ₹5 lakh in ailing banks to be repaid in 90 days’

Cabinet approves deposit insurance law amendments on lenders in moratorium

from The Hindu - Business

Deposits upto ₹5 lakh in troubled banks to be repaid in 90 days

Union Cabinet approves amendment to Deposit Insurance Credit Guarantee Corporation Bill 2021

from The Hindu - Business

Wednesday 28 July 2021

Mattel Expects Strong Holiday Season As Barbie Demand Swells

Mattel Inc raised its fullyear sales forecast on Tuesday, expecting sustained robust demand for its Barbie and Hot Wheels brands into the holiday season despite upcoming price hikes.

from Top Business News- News18.com

Business Highlights: $15 Wage, Tech Giants' Profits

The signs and banners are dotted along suburban commercial strips and hanging in shop windows and restaurants, evidence of a new desperation among Americas serviceindustry employers: Now Hiring, $15 an hour. It is hardly the official federal minimum wage at $7.25, that level hasnt been raised since 2009 but for many lowerskilled workers, $15 an hour has increasingly become a reality. Businesses, particularly in the restaurant, retail and travel industries, have been offering up a $15 wage to try to fill enough jobs to meet surging demand from consumers who are increasingly traveling, shopping, attending entertainment events and eating out.

from Top Business News- News18.com

Tech Profits Soared As The COVID-19 Pandemic Began To Fade

Three tech companies that have amassed unparalleled influence while reshaping the way we live released strong earnings results in a flurry late Tuesday.

from Top Business News- News18.com

Visa Profit Jumps As Vaccinations Boost Spending

Visa Inc reported a rise in quarterly profit on Tuesday as global vaccination drives gathered pace, fueling consumer spending and boosting volumes for the world's largest payment processor.

from Top Business News- News18.com

Starbucks Hits Sales Record As Customers Return To Stores

Starbucks saw record sales in the third quarter as the impact of the pandemic receded and customers flocked to its stores.

from Top Business News- News18.com

Google Parent Alphabet Reaches Record Quarterly Revenue, Profit In Ad Boom

Google parent Alphabet Inc reported record quarterly revenue and profit on Tuesday, powered by a surge in advertising spending amid more consumers shopping online, and beat analysts' estimates for both metrics.

from Top Business News- News18.com

Sirius XM, F5 Rise; UPS, Range Resources Fall

Stocks that traded heavily or had substantial price changes Tuesday:

from Top Business News- News18.com

Starbucks Delivers Steaming Results As Customers Return To Stores

Starbucks Corp beat market estimates for quarterly comparable sales on Tuesday, as more customers returned to its stores for their daily cup of coffee after staying away during the height of the pandemic.

from Top Business News- News18.com

Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery fell 26 cents to $71.65 a barrel Tuesday. Brent crude oil for September delivery fell 2 cents to $74.48 a barrel.

from Top Business News- News18.com

World Stocks Wobble On China, U.S. Real Yields Slip Before Fed Meet

U.S. stocks fell from record highs on Tuesday while real U.S. bond yields hit alltime lows, as a selloff in Chinese shares, economic growth concerns and the Federal Reserve's policy meeting put investors on guard and drove profittaking.

from Top Business News- News18.com

Droom to raise $200 mn in pre-IPO round

Droom Technology Private Ltd., a marketplace for used cars, bikes and other mobility products, is planning to raise $200 million in pre-initial public

from The Hindu - Business

Ramco Cements Q1 net rises 54%

Ramco Cements reported a 54% increase in standalone net profit for Q1 of FY22 to ₹168.98 crore. The company attributed the rise to implementation of

from The Hindu - Business

Hatsun founders repay loans, freeing pledge

Promoters of Hatsun Agro Product have repaid loans availed against a portion of their shares and released the entire pledge, the company said. Chairm

from The Hindu - Business

Vedanta plans ₹6,611-cr. Balco expansion

Vedanta on Tuesday said it would invest ₹6,611 crore over the next 18-24 months in expansion of smelter capacity at group firm Bharat Aluminium Compan

from The Hindu - Business

Granules posts higher net, income in Q1, declares interim

Drugmaker Granules India has posted ₹120 crore in consolidated net profit for the quarter ended June, an 8% increase compared with the ₹111 crore of t

from The Hindu - Business

Kirloskar files plaint against siblings’ firms

Sanjay Kirloskar-led Kirloskar Brothers Ltd. has filed a complaint with the Securities and Exchange Board of India (SEBI) against four companies led b

from The Hindu - Business

Cotton prices rise, textile trade seeks zero duty

Textile exports turn expensive: SIMA

from The Hindu - Business

Canara Bank Q1 net profit triples to ₹1,177 cr.

‘Fall in bad loans helped boost profit’

from The Hindu - Business

IndiGo net loss widens on fuel, COVID impact

‘May, June revenues lower than April’s’

from The Hindu - Business

Flipkart goes to SC in CCI probe matter

The firms had denied the allegations and wanted the probe quashed.

from The Hindu - Business

Panel raps govt. over MSMEs, urges larger economic package

Parliamentary committee moots steps to boost cash flows for micro, small units

from The Hindu - Business

Emcure Pharma inducts 4 independent directors

Emcure Pharmaceuticals Ltd. has announced the appointment of four independent directors to strengthen its board.The new additions include Shailesh Ayy

from The Hindu - Business

Most CMOs say empathy, transparency critical for brand’s success: Wipro study

Some 68% of respondents, who participated in a study conducted from among over 1,000 global chief marketing officers (CMOs), said empathy and transpar

from The Hindu - Business

Tuesday 27 July 2021

‘Orders passed in 166 cases for ₹8,216-cr. tax’

More than 107 prosecution complaints have been filed under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, M

from The Hindu - Business

‘High inflation transitory, RBI may remain dovish’

MPC announcement due August 6

from The Hindu - Business

Bitcoin Price Today Jumps $37,000, First in a Month. Check Top Cryptocurrency Rates

Bitcoin was trading at $37,005 at 0720 hours IST on July 27 on coinmarketcap.com Index.

from Top Business News- News18.com

Airlines Cite Concerns About Fuel Shortages At Some Airports

The fuel needle is moving closer to empty at some U.S. airports.

from Top Business News- News18.com

Bitcoin Jumps On Speculation That Amazon Considering Crypto

Bitcoin's price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a digital currency and blockchain product lead.

from Top Business News- News18.com

Business Highlights: Fed's Concerns, Business Air Travel

With inflation uncomfortably high and the COVID19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultralowinterest rate policies. For now, the U.S. economy is growing briskly in the wake of the pandemic recession, and the pace of hiring is healthy, which is why the Feds policymakers will likely move closer toward acting soon. In particular, the officials are expected to discuss the timing and mechanics of slowing their $120 billionamonth in bond purchases a pandemicera policy that is intended to keep longterm loan rates low to spur borrowing and spending.

from Top Business News- News18.com

Explainer: Intel Banks On 3D Chip Technology To Win Over New Customers

In the past, chipmakers like Intel Corp and Taiwan Semiconductor Manufacturing Co raced each other to make the features on chips smaller and smaller to cram more computing power onto a single chip.

from Top Business News- News18.com

Tesla Reaches Milestone With First $1B Quarterly Profit

Tesla's quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer's ability to navigate through a pandemicdriven computer chip shortage that has caused major headaches for other automakers.

from Top Business News- News18.com

FirstEnergy: Ratepayers May Have Funded $60M Bribery Scheme

Utility giant FirstEnergy Corp. will reevaluate the company's previous denial that it used customer money to fund a $60 million bribery scheme to win legislative approval of a $1 billion bailout for two unprofitable nuclear power plants in Ohio.

from Top Business News- News18.com

Hasbro, AON Rise; Tencent, Fair Isaac Fall

Stocks that traded heavily or had substantial price changes Monday:

from Top Business News- News18.com

Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery fell 16 cents to $71.91 a barrel Monday. Brent crude oil for September delivery rose 40 cents to $74.50 a barrel.

from Top Business News- News18.com

India's GDP Growth Expected to Be 8.8-9% in FY22: Care Ratings

The agency said the outlook for the Indian economy on almost all counts in FY22 would look seemingly better than FY21 on account of the negative base effect.

from Top Business News- News18.com

MyGov has over 1.85 crore users: IT Minister

Stating that more than 1.85 crore registered users are using the MyGov platform to engage with the government, Electronics and IT Minister Ashwini Vai

from The Hindu - Business

Sony Pictures Network revamps leadership team

Sony Pictures Networks India (SPN) has revamped its organisational structure, making several leadership changes in move towards Vision 3.0, These chan

from The Hindu - Business

Sun Pharma signs licensing pact with Cassiopea

Sun Pharmaceutical Industries Ltd. and Cassiopea SpA, a specialty pharmaceutical company on Monday announced the signing of licence and supply agreeme

from The Hindu - Business

Equitas parent, SFB to merge on November 1

The board of Equitas Holdings Ltd. (EHL) on Monday approved the scheme of amalgamation with subsidiary Equitas Small Finance Bank Ltd. (ESFBL). The a

from The Hindu - Business

Coromandel Intl net up 35%

Agricultural solutions provider Coromandel International has reported an almost 35% increase in consolidated net profit to ₹338 crore for the quarter

from The Hindu - Business

Govt. cuts import levy on Masoor Dal

The government has reduced the effective customs duty payable on imports of Masoor Dal from 30% to 10%, the Finance Ministry said, citing ‘public inte

from The Hindu - Business

Rane Brake Lining turns ₹1.73-cr. profit

Rane Brake Lining Ltd. has reported a standalone net profit of ₹1.73 crore for Q1 FY22 against a loss of ₹6.89 crore in the year-earlier period. Reven

from The Hindu - Business

Tata Motors Q1 net loss narrows to ₹4,450 crore

Revenue surges to ₹66,406 crore

from The Hindu - Business

Auto parts sector likely to grow 20-23%: ICRA

‘Strong demand, low base to aid growth’

from The Hindu - Business

Commodity prices boosting exports’ value: Moody’s arm

‘Modest fiscal support to SMEs, low-income groups may cause deep scarring’

from The Hindu - Business

Govt Procures Record 43.33 MT Wheat in 2021-22 Rabi Marketing Season

The ministry said paddy buying is continuing smoothly and so far 86.98 million tonne of paddy has been purchased as against 75.92 million tonne in the year-ago period.

from Top Business News- News18.com

Monday 26 July 2021

Important update for SBI customers! No access to YONO if you fail to do THIS

SBI has said that the new version of the YONO app is coming with new security features and hence customers can use only their registered mobile number to avail the services.

from Zee News :Business

MSME Borrowers Can Take up to Rs 2.5 Cr Loans from Bank of Baroda-U GRO. Details Here

This new joint co-lending venture is available in the city of Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Mumbai and Pune as of now.

from Top Business News- News18.com

NPS Withdrawal Rule Change: Know When you can Withdraw Full Pension Without Annuity

NPS Withdrawal Rule Change: The increased threshold of Rs 5 lakh will offer better liquidity to a certain segment subscribers amid the second wave of the Covid-19

from Top Business News- News18.com

Finance Minister Nirmala Sitharaman Says No Plan to Print Currency to Tide Over Covid Crisis

Nirmala Sitharaman has denied any plan to print currency to tide over the Covid crisis, saying economy is on the path of recovery.

from Top Business News- News18.com

Explained – How to revive a PPF account that has expired

We are discussing in this article about how you can revive a discontinued PPF account.

from Zee News :Business

IRCTC Offers all Inclusive 6-Day Kerala Tour at a Reasonable Price, Check Details

The 5 night 6-day package will cover 4 picturesque locations of Kerala.

from Top Business News- News18.com

Rolex Rings IPO this Week: Price, Issue Size, GMP, Listing Dates, Strengths, 10 Points

The Rolex Rings IPO has a reservation of 50 per cent for the QIBs, 15 per cent for NIIs and for the Retail segment the reservation is 35 per cent as per reports

from Top Business News- News18.com

8.5% interest rate to be credited in account by July end, here are 4 ways to check PF balance from home

PF subscribers can check their PF Balance from the comfort of home using four different ways --check PF balance using SMS, online, missed call and UMANG App.

from Zee News :Business

Bank Holidays in August: Banks to be Closed for 15 Days Next Month. Full List Here

Bank Holidays in August, 2021: RBI's full list of holidays shows 8 days for state-wise leaves, while 7 days are weekends off for the month of August.

from Top Business News- News18.com

All you need to know about filing Income Tax Returns

It’s that time of year when salaried class should focus on filing their Income Tax Returns. The due date for filing the returns which would normally

from The Hindu - Business

Amazon may Accept Payments in Bitcoin, Ether, Other Cryptocurrencies Soon. Know More

Amazon is looking to explore cryptocurrency payments options on its platform, according to market experts

from Top Business News- News18.com

Sensex slips over 192 points in early trade; Nifty slips below 15,850

After slipping over 192.17 points lower, the 30-share BSE index pared some of its losses to trade 54.98 points or 0.10 per cent lower at 52,920.82 in initial deals, while the broader NSE Nifty fell 11.55 points or 0.07 per cent to 15,844.50.

from Zee News :Business

Bitcoin Nears $40,000, Highest Since June, Ether at 3-Week Record. Check Crypto Prices

The global cryptocurrency market cap went up by 8.50 per cent as it hit a price of $1.52 trillion over the last 24 hours according to CoinMarketCap.

from Top Business News- News18.com

Gold Price Today Jumps but Rs 8,500 Down from Record High. Should you Invest?

Gold Price Today: On the Multi-Commodity Exchange (MCX), August gold contracts jumped 0.25 per cent to Rs 47,653 for 10 grams at 0930 hours on July 26

from Top Business News- News18.com

Business Live: Asian shares struggle to rally

Top news of the day from the world of business, finance and economy.

from The Hindu - Business

A shoulder to lean on when your insurer lets you down

There are 17 ombudsmen across the country to listen to your grievances and sort the issue out

from The Hindu - Business

Inflation isn’t in your control, so worry not

If prices are rising quickly, your investments should compensate for the trend; but that does not mean changing your portfolio allocation strategy

from The Hindu - Business

Indian airports report loss of ₹70 billion in FY2020: aviation consultancy

Of the total losses, the Airports Authority of India (AAI) accounted for 69% losses and the remainder belonged to airports under public- private partnership

from The Hindu - Business

Bitcoin leaps 12% to test recent peaks, ether hits 3-week high

Bitcoin rose as far as 12.5% to hit $39,850, its highest since mid-June during the Asia session, while ether hit a three-week peak of $2,344. On the heels of bitcoin`s best week in almost three months, the move put the squeeze on short sellers.

from Zee News :Business

Tatva Chintan Pharma Chem IPO Allotment Today: When and How to Check Status, Refund, GMP

For the successful bidders who have been able to get shares, they will see those shares credited to their Demat accounts on July 28. Refunds will be on July 27.

from Top Business News- News18.com

Petrol, Diesel Prices Today Remained Unchanged for 9th Day, Check Fuel Rates

Petrol, Diesel Prices Today July 26, 2021: Oil prices have seen very little change on Monday as investors expect tight supplies amidst rising Covid-19 spread.

from Top Business News- News18.com

Yamaha electric bike launch: An all-new electric vehicle platform is in the works

Yamaha's investments on electric mobility in the country will depend on the government laying down a clear road map and a stable policy. 

from Zee News :Business

Haryana Govt Increases Dearness Allowance from 17% to 28%

The increase in dearness allowance will be applicable from July 1, an official spokesperson said.

from Top Business News- News18.com

Sunday 25 July 2021

Audi, Mercedes-Benz upbeat about electrification journey of cars in India

Audi India Head Balbir Singh Dhillon said while the overall policy at present has focussed primarily on the two-wheelers and three-wheelers, many of the state governments are also coming forward to give incentives to electric cars.

from Zee News :Business

You can now apply for passport at nearest India Post office, know process here

Previously, one had to apply for a passport at Passport Service Centres which are operated across the country by the Ministry of External Affairs (MEA). 

from Zee News :Business

India will continue to attract high foreign investments: Piyush Goyal

"This year, we are very confident that we will continue this streak of seven continuous years of historic highs in our foreign investments," Goyal said at the CII-Horasis India Meeting webinar. 

from Zee News :Business

Revolt Motors big update! Indian EV maker to launch more affordable e-bike Revolt RV1

Anjali Rattan, promoter of RattanIndia Enterprises Ltd (REL), said the production of the new model of Revolt Motors will commence from early next year. 

from Zee News :Business

HDFC Bank's Aditya Puri top earner among bankers in FY21, check salaries of other bank chiefs

HDFC Bank's Aditya Puri's overall payments included Rs 3.5 crore as post-retirement benefits.

from Zee News :Business

Domino's goes green! Your next pizza delivery may arrive in Revolt Motors’ electric bike

Jubilant operates one of the largest delivery fleets in India. The partnership signals the company’s will to switch towards a cleaner future. 

from Zee News :Business

PF update! 8.5% interest to be credited in next few days, Check PF balance via SMS, missed call

The EPFO office is planning to credit 8.5 per cent interest on Provident Fund (PF) investments by the end of this month for FY 2020-21. 

from Zee News :Business

Sukanya Samriddhi Yojana: Check eligibility, benefits, interest rates

The biggest advantage of having this scheme is to move your Sukanya Samriddhi Yojana account from one bank to another or to a post office depending upon your choice and requirements. 

from Zee News :Business

Reliance Digital’s electronics sale to go live on July 26

Reliance Digital said, all stores and delivery partners are strictly following Covid-safety measures in the interest of the safety of customers and employees

from The Hindu - Business

RBI central board short of 9 non-official directors

The central board is the highest decision making body of the apex bank headed by the RBI governor.

from The Hindu - Business

Gold Price Today, 25 July 2021: Gold price saw minor correction, still below Rs 48,000, check prices in metros

In Mumbai, the gold rate is Rs 46,870 per 10 gram of 22-carat and Rs 47,870 per 10 gram of 24-carat. Meanwhile, 22-carat gold per 10 gram in Chennai is priced at Rs 45,060 and 24-carat gold is priced at Rs 49,160.

from Zee News :Business

Fixed Deposits: 5 Benefits Beyond Interest Rates that Make FDs good Investment Option

FD investments come with many benefits that include insurance and healthcare, and in the case of FDs for at least 5 years, the investor is also entitled to exemption in income tax.

from Top Business News- News18.com

Parents' Day: An Investment Guide to Build Child's Higher Education Corpus

To plan better for our children’s education, we need to start investing in the right tools. Read more

from Top Business News- News18.com

RBI Update: Salary, pension, EMI payment rules to change from August 1

The new NACH rules showed that the payments such as salary and pensions can be transferred on weekends which is not possible now as it is only available when the banks are open. 

from Zee News :Business

Sukanya Samriddhi Yojana for your Daughter: Eligibility, Interest Rates, Tax Benefits

Sukanya Samriddhi Yojana offers a return higher than most of the small saving schemes in the market. All you need to know

from Top Business News- News18.com

SBI Customers: Lost or Damaged Debit Card? How to Block it, Apply for New One via Call

If you have recently lost or damaged your SBI debit card, you would not need to run to the bank branch for getting a new card. All you need to do is make a call

from Top Business News- News18.com

Need Some Cash Urgently? 4 Different Types of Secured Loan Options, Interest, Benefits

Secured loans have a low credit risk as the lender always has the option to sell off the pledged collateral, securities in case of default

from Top Business News- News18.com

Robinhood CEO Says He Is Considering Offering U.S. Retirement Accounts

Robinhood Markets Inc is considering launching U.S. retirement accounts, CEO and cofounder Vlad Tenev said on Saturday in a webcast with users of its trading app looking to participate in its initial public offering, which is set to price next week.

from Top Business News- News18.com

CBIC abolishes licence renewal requirement for customs brokers, authorised carriers

The CBIC has amended the Customs Brokers Licensing Regulations, 2018 and Sea Cargo Manifest and Transhipment Regulations, 2018, to state that all such existing licenses/registration would have a lifetime validity.

from Zee News :Business

Ola Electric teases top speed of much-awaited electric bike: Check speculated price, features

Ola Electric is creating hype around the launch of its electric bike with its marketing blitzkrieg. 

from Zee News :Business

Saturday 24 July 2021

Aadhaar Card Update: Now children can get Baal Aadhaar Card: Here’s how to make it

Announcing it via Twitter, the UIDAI had come up with a blue colour Baal Aadhaar card for children who have reached the age of five.  UIDAI in a post revealed that it is mandatory for biometric updates to be done for children of that age as well.

from Zee News :Business

NPS: Good Return, Income Tax Savings, Top 5 Benefits of This Scheme

After three years of opening an account, you can withdraw around 25 per cent of the total contribution made into the NPS account until you reach 60.

from Top Business News- News18.com

Tesla CEO Musk expects at least 'temporary relief' for EVs in India in terms of import duty relaxation

Elon Musk says he is hopeful that there will be at least a temporary tariff relief for electrical vehicles in India

from The Hindu - Business

Elon Musk cites THIS reason behind the delay in Tesla's India launch

“Want to launch Tesla in India, but import duties are the highest in the world by far of any large country. ,” Elon Musk tweeted.

from Zee News :Business

Max Bupa Rebrands to ‘Niva Bupa’; Aims to Become Rs 2,500 Cr Company by FY22

Newly christened 'Niva Bupa' plans to bring in over 12 million people in India under its health insurance policy by FY25.

from Top Business News- News18.com

Bank Holidays July 2021: Banks to remain closed for THESE 3 days

The RBI has categorized these holidays under ‘Holiday under Negotiable Instruments Act’, ‘Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday’, and ‘Banks’ Closing of Accounts’. 

from Zee News :Business

PF Withdrawal Rule Change: Get Rs 1 Lakh Advance Instantly, Know Details

To get the EPFO medical advance the Patient must be admitted for treatment in a Government/PSU/CGHS empanelled hospital as per the rules of the circular.

from Top Business News- News18.com

From The Latest Gadgets To Your Fashion Essentials, Amazon Prime Day Is Here To Take Care Of It All

If you’re not a Prime member already, we highly encourage you to sign up right away.

from Top Business News- News18.com

THIS youngest billionaire will buy upcoming Ola electric scooter, tweets 'Done'

The company had earlier said that the exact names of the colours will be announced at the launch, but there will be options in matte and gloss shades from options in blue and black, the vibrant hues of red, pink and yellow, as well as white and silver.

from Zee News :Business

Banks To be Closed for 3 Days in Last Week of This Month. Know the Dates

Banks will be closed for three more days in the last week of July. Two of those days will be weekend leaves, while one day will be a religious holiday.

from Top Business News- News18.com

7th Pay Commission: THESE govt pensioners will get hiked Dearness Relief

The memorandum further stated that the increased rates of Dearness Relief (DR) will be applicable to Civilian Central Government Pensioners/ Family Pensioners including Central Government absorbed pensioners in PSU/ Autonomous Bodies.

from Zee News :Business

Tatva Chemical IPO: GMP, Allotment, Listing Date, All You Need to Know

The Basis of Allotment is set to take place on July 26, 2021, while the company is tentatively going to list on July 29, though this is not confirmed as of yet.

from Top Business News- News18.com

Gold Price Today, 24 July 2021: Gold price continues to fall, remains below Rs 48,000, check prices in metros

In Mumbai, gold rate is Rs 46,860 per 10 gram of 22-carat and Rs 47,860 per 10 gram of 24-carat. Meanwhile, 22-carat gold per 10 gram in Chennai is priced at Rs 45,060 and 24-carat gold is priced at Rs 49,160.

from Zee News :Business

Zomato Founder Deepinder Goyal Now Among India's Ultra Rich After Bumper Listing. Know His Net Worth

The start-up founder is now worth about $650 million considering his 4.7 per cent stake in Zomato, according to the Bloomberg Billionaires Index.

from Top Business News- News18.com

Petrol, Diesel Prices Steady for Seven Days in a Row. Check Fuel Rates in Your City

Petrol, Diesel Prices Today July 24, 2021: Brent crude went up by 31 cents and US West Texas Intermediate (WTI) crude went up by 16 cents on Thursday.

from Top Business News- News18.com

Global Insurance Recovery Will Be Faster, Stronger Than In 2008 -Swiss Re

The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and inflation risk, insurer Swiss Re AG's chief Americas economist said on Friday.

from Top Business News- News18.com

American Express, Twitter Rise; Boston Beer, Intel Fall

Stocks that traded heavily or had substantial price changes Friday:

from Top Business News- News18.com

Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery rose 16 cents to $72.07 a barrel Friday. Brent crude oil for September delivery rose 31 cents to $74.10 a barrel.

from Top Business News- News18.com

Oil Edges Up In Weekly Rebound On Forecasts For Tight Supplies

Oil prices edged higher on Friday and for the week after a strong recovery from Monday's steep slide, underpinned by expectations that supply will remain tight through the year.

from Top Business News- News18.com

Supreme Court dismisses telecom majors’ pleas to record grievances on ‘arithmetical errors’ in calculation

Firms had sought chance to point out “arithmetical errors” in calculations.

from The Hindu - Business

Centre changes rules related to incorporation of companies

Changes have been made with respect to the allotment of a new name to an existing company under Section 16 of the Act.

from Zee News :Business

Zomato delivers impressive listing gains, but should you hold or sell? Check what experts say

Zomato’s stellar debut is a testimony to investors’ growing confidence in new-age companies with disruptive business models.

from Zee News :Business

Tesla seeks reduction in import duties on electric cars: Report

Tesla is already sourcing various auto components from Indian automakers and setting up base here would be economically viable for it. 

from Zee News :Business

Friday 23 July 2021

Twitter beats revenue targets with ad improvements, shares jump 7%

Since the start of the year, Twitter has raced to introduce products in new areas like audio-only chat rooms and newsletter publishing in an effort to turn around years of business stagnation and reach its goal of doubling annual revenue by 2023.

from Zee News :Business

Digital Currency to Soon Become Reality in India: RBI Working on 'Phased Introduction'

CBDC is not subject to the same volatility of market fluctuations as the 'traditional' private digital asset such as Bitcoin or Ethereum.

from Top Business News- News18.com

Zomato Shares to Hit Market Today: Analysts Predict Over 30% Listing Gains on Stocks

The overwhelming response from investors, rise in grey market premium and the euphoria around first internet company to get listed, analysts suggest a strong listing gains for Zomato

from Top Business News- News18.com

Petrol, Diesel Prices Today Stay Stable for 6th Day, Still at All-Time High. Check Rates

Petrol, Diesel Prices Today July 23, 2021: Fuel tax by Union government up by 88 per cent this year. Oil demand improves as prices fall by $0.07 to $0.08 cents

from Top Business News- News18.com

Twitter Beats Revenue Targets With Ad Improvements, Shares Jump 5%

Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements to help brands reach potential customers.

from Top Business News- News18.com

Intel Sales Forecast Implies Rocky Second Half Of 2021 Amid Supply Constraints

Chipmaker Intel Corp said on Thursday it still faces supply chain constraints and gave an annual sales forecast that implied a weak end of the year.

from Top Business News- News18.com

Wall Street Closes Up After Choppy Trading Due To Higher Jobless Claims

U.S. stock markets closed higher after a mixed trading session as investors digested negative economic data reflecting the country's struggle to move past the COVID19 pandemic, while yields on safehaven assets such as U.S. Treasuries slipped.

from Top Business News- News18.com

Business Highlights: Amazon's 'Keys,' Jobless Claims

Amazon is pushing landlords around the country to give its drivers the ability to unlock apartment building front doors whenever they need to leave packages in the lobby instead of the street. The service, called Amazon Key for Business, allows delivery workers to make their rounds faster since they dont have to ring doorbells. And fewer stolen packages could give Amazon an edge over other online retailers. But there could be drawbacks. The device is connected to the internet, which could make it vulnerable to hackers. And tenants may not know that Amazon drivers have access to their buildings front doors.

from Top Business News- News18.com

Washington Post Reporter Sues Paper For Discrimination

Washington Post politics reporter Felicia Sonmez sued the paper and several of its current and former editors for discriminating against her as a victim of sexual assault.

from Top Business News- News18.com

Twitter Posts Stronger-than-expected Q2 Results, Shares Jump

Twitter on Thursday posted stronger-than-expected earnings for the second quarter thanks to growing advertising demand across all geographic regions and types of ad products.

from Top Business News- News18.com

How Major US Stock Indexes Fared Thursday

Major indexes edged higher on Wall Street after a day of muted trading, preserving their gains for the week. Even though most stocks in the S&P 500 fell, gains for several tech heavyweights, including Apple and Microsoft, pushed the benchmark index higher. The Nasdaq and Dow Jones Industrial Average also rose. Trading was subdued as investors reviewed the latest corporate earnings and a surprise increase in the number of Americans filing for unemployment benefits.

from Top Business News- News18.com

CSX, Crocs Rise; Las Vegas Sands, Southwest Airlines Fall

Stocks that traded heavily or had substantial price changes Thursday:

from Top Business News- News18.com

Twitter Beats Revenue Targets With Ad Improvements, Shares Jump 7%

Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements and said changes by Apple to keep iPhone user data private had hit ad revenue less than anticipated.

from Top Business News- News18.com

Chipmaker Intel Raises Annual Revenue Forecast

Chipmaker Intel Corp raised its annual revenue forecast on Thursday, focusing on its dual strategy of increasing inhouse production as well as outsourcing to catch up with rivals.

from Top Business News- News18.com

PLI plan for speciality steel gets nod

The Union Cabinet on Thursday approved the production-linked incentive (PLI) scheme for manufacturing speciality steel in the country with a budgetary

from The Hindu - Business

Rane Engine Valve Q1 net loss narrows

Rane Engine Valve Ltd. on Thursday reported first-quarter net loss narrowed to ₹5.8 crore, from ₹16.3 crore a year earlier.Total revenue more than dou

from The Hindu - Business

Bajaj Auto to float arm for EV business

The board of directors of Bajaj Auto Ltd. on Thursday approved the incorporation of a wholly owned subsidiary to pursue opportunities in electric and

from The Hindu - Business

Ola electric scooter to be unveiled in 10 colours

Ola Electric on Thursday said its yet-to-be unveiled electric scooter would be available in 10 colours. Some of these colours, both in matte and gloss

from The Hindu - Business

Financial bids for Air India likely by Sept. 15, says govt.

The financial bids for Air India’s disinvestment are likely by September 15, the government informed the Lok Sabha on Thursday.“[The] Request for Prop

from The Hindu - Business

Audi rolls out 3 luxury electric SUVs in India

German luxury car manufacturer Audi has introduced 3 electric SUVs — the Audi e-tron 50, Audi e-tron 55 and Audi e-tron Sportback 55 in the Indian mar

from The Hindu - Business

HUL Q1 net profit rises 10% spurred by growth in core business

Hindustan Unilever Ltd. (HUL) said standalone net profit for the quarter ended June 30 grew 10% to ₹2,061 crore due to double-digit growth in core bus

from The Hindu - Business

RBI plans digital currency pilots soon

CBDC will help cut the cost of currency management while expediting real-time payments: Sankar

from The Hindu - Business

Eight students to match wits in CMA Online Business Quiz 2021

Finals to be held online on July 25

from The Hindu - Business

Thursday 22 July 2021

Sensex jumps over 400 points in early trade

Bajaj Finance was the top gainer in the Sensex pack, rising over 3 per cent, followed by Tata Steel, HDFC Bank, HUL, ICICI Bank and Infosys

from The Hindu - Business

‘Collection ratios in securitised pools see dip’

‘Commercial vehicle, MSME classes hit’

from The Hindu - Business

IBBI amends insolvency rules to help improve transparency

Seeks to probe corporate debtor’s ‘avoidance’ transactions

from The Hindu - Business

RBI allows IDFC to exit IDFC First Bank

In a regulatory filing made to the BSE, IDFC said that the RBI on July 20 clarified that "after the expiry of lock-in period of 5 years, IDFC Limited can exit as the promoter of 'IDFC FIRST Bank Limited'".  

from Zee News :Business

Gold Price Today Drops for Second Time in 3 days, Below Rs 47,500. Should you Buy?

On the Multi-Commodity Exchange (MCX), August gold contracts slumped 0.47 per cent to Rs 47,869 for 10 grams at 0905 hours on July 21

from Top Business News- News18.com

Elon Musk Wants 'Bitcoin to Succeed': Tesla to Resume Cryptocurrency Payments If...

Certain Tesla Investors and even Bitcoin miners have been against the way crypto is mined as it takes a toll on the environment and uses lots of electricity.

from Top Business News- News18.com

Zomato IPO Share Allotment Likely Today; Listing Day Advanced: How to Check Status

Zomato is expected to advance the listing date from July 27 to July 23, according to media reports

from Top Business News- News18.com

Elon Musk Says He Owns Bitcoin, Ether, Dogecoin; Cryptocurrency Market Jumps

Elon Musk says that he owns far more Bitcoin, than Dogecoin or Ethereum and that he wants it to succeed. It is his largest holding outside of Tesla and SpaceX.

from Top Business News- News18.com

Petrol Price Hiked Around Rs 11 Since May 4. Check Fuel Rates Today

Petrol, Diesel Prices Today July 22, 2021: Petrol remains stagnant for five consecutive days. International crude went up by more than 4 per cent on July 21.

from Top Business News- News18.com

PG&E Will Spend Up To $30 Billion Burying Power Lines

Pacific Gas & Electric plans to bury 10,000 miles (16,000 kilometers) of its power lines in an effort to prevent its fraying grid from sparking wildfires when electrical equipment collides with millions of trees and other vegetation across droughtstricken California.

from Top Business News- News18.com

CSX 2Q Profit More Than Doubled As Railroad Hauled 27% More

CSX railroad's secondquarter profit more than doubled as the economy continued to rebound from the depths of the coronavirus pandemic and it hauled 27% more freight than a year ago.

from Top Business News- News18.com

Sleep Number, Netflix Fall; Chipotle, Lands' End Rise

Stocks that traded heavily or had substantial price changes Wednesday:

from Top Business News- News18.com

How Major US Stock Indexes Fared Wednesday

Stocks closed higher again on Wall Street, extending their gains following a sharp drop at the beginning of the week. Investors turned their attention to company earnings, which have started to roll in steadily. The S&P 500 rose 0.8%. Small-company stocks outpaced the rest of the market again, rising 1.8%. Chipotle Mexican Grill jumped after the company reported much better-than-expected results. The yield on the 10-year Treasury rose to 1.29%, but its still below where it was last week.

from Top Business News- News18.com

Byju’s buys U.S.-based Epic for $500 million

Enters kids digital reading space

from The Hindu - Business

Order book to help HCL Tech tide over third wave, says MD

‘Firm should be fine as deals booked are under execution’

from The Hindu - Business

Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery rose $2.88 to $70.30 a barrel Wednesday. Brent crude oil for September delivery also rose $2.88 to $72.23 a barrel.

from Top Business News- News18.com

Oil Climbs Over 4% Despite Rise In U.S. Inventories

Oil prices rose more than 4% Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in U.S. oil inventories.

from Top Business News- News18.com

Bharti, Intel to collaborate for 5G in India

Bharti Airtel on Wednesday announced a collaboration with Intel for 5G network development by leveraging virtualised radio access network (vRAN) and o

from The Hindu - Business

Byju’s buys U.S.-based Epic for $500 million

Enters kids digital reading space

from The Hindu - Business

Glenmark Life Sciences unveils IPO

Glenmark Life Sciences Ltd. has announced an Initial Public Offering (IPO) that will open on July 27.The price band has been fixed at ₹695 to ₹720 per

from The Hindu - Business

Order book to help HCL Tech tide over third wave, says MD

‘Firm should be fine as deals booked are under execution’

from The Hindu - Business

Shanthi Gears back in black, nets ₹8.58 cr.

Shanthi Gears Ltd. (SGL), a Murugappa group firm, has returned to the black with a standalone net profit of ₹8.58 crore for the first quarter, compare

from The Hindu - Business

‘TII aims to bring CG Power back on track’

Tube Investments of India Ltd. (TII), a ₹38,100-crore Murugappa Group company, said its priority is to bring the recently acquired CG Power and Indust

from The Hindu - Business

Wednesday 21 July 2021

Life Insurance vs Health Insurance: Differences, Benefits, How to Make the Most of Both

Life insurance works as a long-term coverage policy, while health insurance is a short-term coverage. Both can be applied to yourself or your extended family.

from Top Business News- News18.com

EPF: How to Check PF Balance Online, Via SMS, Missed Call and Umang/EPFO App

If have activated your UAN number, you can check also your PF balance by downloading the 'm-Sewa app of EPFO'

from Top Business News- News18.com

PF: These Bank Accountholders Need to Update Their UAN Details. How to Do it Online

The retirement fund body has asked members to know the simple steps with which employees can easily update their bank account details in UAN

from Top Business News- News18.com

Swiggy Co-Founder Sriharsha Majety on His Ambitions Beyond Food Delivery

Sriharsha Majety spoke about the market potential, Zomato's IPO, his bets on breakout areas, the intense war for talent and India's potential going forward.

from Top Business News- News18.com

Big news for Aadhaar card holders! Now get mobile number updated at your door step

The Aadhaar card service will be available through a network of 650 India Post Payments Bank, 1.46 lakh postmen and Gramin Dak Sevaks (GDS).

from Zee News :Business

Michael Bievetski talks about how Clicking With People builds important connections

An entrepreneur and investor living in Dubai, Michael Bievetski is a consultant known for his strong interpersonal skills. "Everyone knows that in business, networking is key, but you have to make strong connections that are truly beneficial," says Bievetski. "And building these connections are a matter of clicking. They can't be forced."

from Zee News :Business

Explained – How to change or update EPFO bank account number online

Here are few simple and easy steps on how to change your EPFO Bank details online.

from Zee News :Business

AAI committees find Adani in violation of branding, logo pacts; group begins making changes

Adani group starts making changes in brandings and displays in order to bring them in accordance with the concession agreements that they had signed with the Airports Authority of India

from The Hindu - Business

₹500 cr. COVID claims leave ICICI Prudential in the red with ₹186 cr. Q1 net loss

However, the company reported good all-round numbers, including a 71 per cent growth in the key metric of value of new business premium.

from The Hindu - Business

Former JLL India chief Ramesh Nair is Colliers’ new India CEO

‘Ramesh will use his considerable industry experience to add value beyond the boundaries of India and develop services, expand client relationships, and attract other talented professionals to the company,’ the company said in a statement.

from The Hindu - Business

In 1990, there was an offer to buy us out for Rs 2 crore. Infosys has Rs 6.5 lakh crore m-cap now: NR Narayana Murthy

NR Narayana Murthy said that as an entrepreneur one needs to have two important attributes. The first is competence and second is values says the founder.

from Top Business News- News18.com

Old Rs 1 Note can Get You Rs 7 Lakh Online. Here's How

Nowadays, old coins of Re 1 and Rs 2, and notes of Re 1, Rs 2 and Rs 5 can be auctioned online for thousands of rupees by just sitting in the comfort of your home

from Top Business News- News18.com

Oyo Founder Ritesh Agarwal Tells Young Entrepreneurs How to Handle Rejection

Oyo has become one of the first Indian start-ups to raise $660 million from its global institutional investors via the TLB funding route.

from Top Business News- News18.com

Oyo Founder Ritesh Agarwal's Tells Young Entrepreneurs How to Handle Rejection

Oyo has become one of the first Indian start-ups to raise $660 million from its global institutional investors via the TLB funding route.

from Top Business News- News18.com

7th Pay Commission: Modi govt’s big move for lakhs of central government employees! DA, DR hike to be implemented from July 1

On July 14, the Cabinet Committee chaired by Prime Minister Narendra Modi had approved increase the Dearness Allowance to Central Government employees and Dearness Relief to pensioners with effect from 01.07.2021 to 28% representing an increase of 11% over the existing rate of 17% of the Basic Pay/Pension.

from Zee News :Business

Petrol Price Crosses Rs 100 in 18 States; Know How Much Tax you Pay to State, Center

Petrol rates across the country at a standstill since the last revision on July 17. Rajasthan, Telangana, Madya Pradesh and Odisha have the highest petrol tax.

from Top Business News- News18.com

Petrol Price Hiked 9 Times this Month, Diesel Jumped 5 Times. Check Rates

Petrol, Diesel Prices Today July 21, 2021: Petrol rates were last hiked on July 17. Mumbai is at Rs 107.83/litre and Delhi is at Rs 101.84 per litre.

from Top Business News- News18.com

India's Zomato raises $1.26 bln in IPO: sources

Indian food delivery startupZomato Ltd ` will raise $1.26 billion by pricing itsshares at 76 rupees each in its initial public offering,according to

from The Hindu - Business

Wipro to invest $1 billion over three years in cloud

It unveils Wipro FullStride services

from The Hindu - Business

Wipro to invest $1 billion over three years in cloud

It unveils Wipro FullStride services

from The Hindu - Business

MRF working on green strategy: CMD Mammen

Firm developing local raw materials

from The Hindu - Business

FinMin seeks nod for ₹1.87-lakh cr. expenditure

Bulk of cash outgo to aid COVID battle

from The Hindu - Business

Recovery to remain patchy, says Parekh

HDFC chairman Deepak Parekh said the unpredictability of the virus remained the key challenge to the overall macroeconomic environment. “The world is

from The Hindu - Business

Tuesday 20 July 2021

Sensex drops over 200 points in early trade

Nifty falls 58.45 points

from The Hindu - Business

Tatva Chintan Pharma Chem IPO Grey Market Premium, Subscription, Listing, Allotment

Tatva Chintan Pharma Chem IPO was subscribed 4.5 times on the first day of bidding and 15.04 times on the second day

from Top Business News- News18.com

Sensex drops over 200 points in early trade; Nifty tests 15,700

The 30-share BSE index was trading 201.61 points or 0.38 per cent lower at 52,351.79 in initial deals, while the broader NSE Nifty fell 58.45 points or 0.37 per cent to 15,693.95.

from Zee News :Business

Shiv Nadar steps down as HCL Tech MD, named Chairman Emeritus

In July last year, Nadar had stepped down from the chairman's role and Roshni succeeded him, becoming the first woman to chair a listed Indian IT firm.

from Zee News :Business

Gold Price Today Jumps over Rs 48,000 after a Drop in Previous Session, Silver Rises

Gold Price Today: On the Multi-Commodity Exchange (MCX), August gold contracts increased 0.38 per cent to Rs 48,275 for 10 grams at 0905 hours

from Top Business News- News18.com

Stocks to Watch Today: ACC, HCL Technologies, Adani Group and Jindal Stainless

At 7:10 am, Singapore-traded SGX Nifty, which serves an early indicator of India's Nifty was trading 20.50 points or 0.13 percent lower at 15,721.00, indicating a negative start for Dalal street.

from Top Business News- News18.com

Much of India’s population expected to be vaccinated by 2022-23, says ADB

The Indian government has assured COVID-19 vaccines will be provided for all by December 2021.

from The Hindu - Business

NCLAT stays Twin Star’s Videocon takeover bid

Appellate body lists hearing on Sept. 7

from The Hindu - Business

Govt collects ₹1.01 lakh cr. from excise, ₹2.41 lakh cr. from income tax in Q1

The government has collected over ₹ 1.01 lakh crore in excise duty in April-June period, while direct tax collection stood at over ₹ 2.41 lakh crore,

from The Hindu - Business

₹81,179 cr. due to states as GST compensation for FY21

Over ₹ 81,000 crore GST compensation is due to states for 2020-21, while for April-May this year, ₹ 55,345 crore is outstanding, Parliament was inform

from The Hindu - Business

India's strong fundamentals, market size will continue to attract foreign investments: FM

Asserting that the Indian economy is showing signs of revival since the peaking of second COVID wave in May, the government on Monday said the countr

from The Hindu - Business

SEBI, DRI probing Adani group companies: Chaudhary

Entities under lens not named; shares of group firms slide

from The Hindu - Business

1.32 Lakh Declarations Involving Rs 99,765 Cr Disputed Tax Filed Under Vivad Se Vishwas Scheme

The government has resolved a significant number of pending direct tax disputes amicably with the taxpayers under Vivad se Vishwas scheme

from Top Business News- News18.com

Reliance Infra Raises Rs 550.56 Cr Via Preferential Allotment of Securities

Reliance Infrastructure had earlier said the funds would be utilised for long-term resources for general corporate purposes, to fund future growth and also to reduce debt.

from Top Business News- News18.com

LIC unveils Arogya Rakshak plan

Life Insurance Corporation of India has introduced Arogya Rakshak, a non-linked, non-participating, regular premium individual health insurance plan.“

from The Hindu - Business

Spinny raises $108 mn from Tiger Global, others

Spinny, a used car retailing platform, has raised $108 million Series D funding from new and existing investors, on Monday.The round was led by Tiger

from The Hindu - Business

‘Air traffic may hit 83% of pre-COVID level in Q3’

‘FY22 to see 9.2 crore domestic fliers’

from The Hindu - Business

HCL Tech net rises 9.9%, sees double-digit growth

Vijayakumar is MD as Nadar, 76, retires

from The Hindu - Business

‘India on course for 11% growth this fiscal, to meet deficit goal’

CEA says capex will boost construction, but warns of ‘irrational exuberance’

from The Hindu - Business

‘India on course for 11% growth this fiscal, to meet deficit goal’

CEA says capex will boost construction, but warns of ‘irrational exuberance’

from The Hindu - Business

Light Microfinance secures $10-mn funding

Light Microfinance said it has secured $10 million in Series-A funding from European investors Incofin (Belgian), Nordic Microfinance Initiative (Norw

from The Hindu - Business

Hyundai receives 11,000 bookings for Alcazar

Hyundai Motor India Ltd. has received more than 11,000 bookings within a month of unveiling the Alcazar SUV. One-third of bookings are for the top-of

from The Hindu - Business

Indian Bank Q1 net profit jumps to ₹1,182 crore

Lender reaping synergy benefits: MD

from The Hindu - Business

Monday 19 July 2021

Goldman Sachs to Hire Over 2,000 People for Hyderabad Office

Goldman Sachs aims to expand its global centre for engineering and business innovation in India, as well as growing its global reputation, hence the hiring.

from Top Business News- News18.com

Aadhaar Card Update: Know How to Secure Your Identity by Locking, Unlocking Aadhaar

You can lock or unlock the biometrics of your Aadhaar via the official UIDAI portal or through a simple SMS. Aadhaar card number (UID) or VID can be used.

from Top Business News- News18.com

Gold Price Today Drops Below Rs 48,000. Should You Invest Now? Know Experts' View

Gold Price Today: On the Multi-Commodity Exchange (MCX), August gold contracts dropped 0.03 per cent lower to Rs 47,909 for 10 grams at 1235 hours.

from Top Business News- News18.com

GR Infraprojects Shares List Over 100% Premium, Clean Science and Technology Makes a Stellar Debut

QIBs were given a 50 per cent quota allocation while the reserved quota for NIIs and retail investors had a 15 per cent and 35 per cent allocation respectively.

from Top Business News- News18.com

Top Stocks to Watch: Reliance Industries, LIC Housing Finance, Tata Power Company

The SGX Nifty was trading 238.00 points or 1.49 percent lower at 15,698.00 at 7:15 am, indicating a negative start for the broader index in India.

from Top Business News- News18.com

7th Pay Commission: Double bonanza for central employees! After DA hike, now HRA increased to 27% – Check pay band calculation here

The Central Government has increased the dearness allowance of its employees from 17% to 28%, after this announcement, while it has also purportedly increased the house rent allowance to 27%.

from Zee News :Business

HDFC Bank shares tumble over 3% after Q1 earnings

HDFC Bank stock went lower by 3% to ₹1,475 on the BSE

from The Hindu - Business

Govts need to take steps to hold NSO Group accountable: WhatsApp CEO

WhatsApp had in 2019 sued the NSO Group, accusing it of using its messaging service to conduct cyberespionage on roughly 1.400 user accounts, including of journalists and human rights activists

from The Hindu - Business

Gold Loan vs. Personal Loan: Which Is Better?

Below we’ve provided a comprehensive comparison of personal loans and gold loans so that you can make an informed decision on which would be better during an emergency.

from Zee News :Business

Rupee tumbles 20 paise to 74.77 against U.S. dollar in early trade

On July 16, the rupee had settled at 74.57 against the U.S. dollar

from The Hindu - Business

Sensex tanks over 500 points, Nifty slips below 15,800

HDFC Twins, ICICI, Kotak Bank track heavy losses

from The Hindu - Business

How to apply for Driving Licence online – Step by step process explained here

The following instructions must be adhered to for application submission. You will need to go through these stages in Application Submission while Issuing Driving Licence will be done in the following order.

from Zee News :Business

Business Live: Shares fall as HDFC Bank drags finance stocks; top oil producers agree on modest output boost from August

Updates from the world of economy, markets, and finance

from The Hindu - Business

Active or passive? Why investment grammar is important

Choosing the right fund for investment can be an uphill task as several factors are at play

from The Hindu - Business

Ask us: On investments

The corporate and government bond options have also tended to beat comparable options from mutual funds

from The Hindu - Business

Beware of new low-risk, high-return promise

Products such as perpetual bonds may carry an aura of safety but in reality there is little to cheer

from The Hindu - Business

Zomato IPO Allotment Status and Listing Day: All you Need to Know

Zomato's net proceeds of around Rs 6,750 crore from its IPO will go towards funding both organic and inorganic growth initiatives.

from Top Business News- News18.com

Sensex tanks over 500 points in early trade; Nifty slips below 15,800

The 30-share BSE index was trading 515.54 points or 0.97 per cent lower at 52,624.52 in initial deals, while the broader NSE Nifty fell 146.75 points or 0.92 per cent to 15,776.65.

from Zee News :Business

Zoom to buy cloud software provider Five9 in $15 billion deal

The teleconferencing services provider has become a household name and investor favorite in the year since the coronavirus pandemic, as businesses and schools adopted its services to hold virtual classes, office meets and socialise.

from Zee News :Business

Oil Falls $1 After OPEC+ Agreement on Boosting Supply

Brent crude was down $1.08, or 1.5%, at $72.51 a barrel by 0220 GMT after OPEC+ ministers agreed on Sunday to increase oil supply from August to cool the prices

from Top Business News- News18.com

Tatva Chintan Pharma Chem IPO Grey Market Premium, Subscription Status, Allotment Details

On the first day of its IPO, Tatva Chintan mobilised Rs 150 crore from the total issue via its anchor booking that took place on July 15.

from Top Business News- News18.com

Will Petrol, Diesel Prices Finally Come Down? OPEC+ Agrees to Iron Out Supply Constraints

The energy minister of the United Arab Emirates said Sunday that OPEC and allied countries have reached a "full agreement" after an earlier dispute that roiled oil prices.

from Top Business News- News18.com

Petrol Price Nears Rs 102/Litre in Delhi, Rs 108/Litre in Mumbai. Check Fuel Prices

Petrol, Diesel Prices Today July 19, 2021: The price of petrol in Delhi is Rs 101.84 per litre, Mumbai stands at an all-time high of Rs 107.83 per litre.

from Top Business News- News18.com

Sunday 18 July 2021

Good news for jewellers! GST now payable only on profit earned from resale of gold jewellery

The ruling was made in reference to the application filed by Aadhya Gold Pvt Ltd seeking clarity whether goods and services tax (GST) is to be paid only on the difference between the selling price and purchase price. 

from Zee News :Business

Top oil producers agree on modest output boost from August

The grouping will “assess market developments” in December, it said.

from The Hindu - Business

Here’s how to lock or unlock your Aadhaar card online to stop data misuse

You can lock your Aadhaar card for times when you’re not using the Aadhaar card. 

from Zee News :Business

Vintage vehicle owners alert! Centre has formalised registration process, check details

The registration or re-registration of vehicles motor vehicles will be done as per Form 20. 

from Zee News :Business

Gold Price Today, 18 July 2021: Gold trading at Rs 48,200 in Delhi, check prices in your city

The 22-carat gold and 24-carat gold per 10 gram are selling at Rs 47,190 and Rs 48,190, respectively, in Mumbai. 

from Zee News :Business

Subscribed to Zomato IPO? Check allotment date and steps to check allotment status

According to the Zomato IPO timeline, subscribers will be able to check the allotment from July 22, 2021 onwards. 

from Zee News :Business

Automobile exports recover in Q1 amid improved pandemic situation globally

Automobile exports from India recovered in the first quarter with all vehicle segments, including passenger vehicles and two-wheelers, witnessing gro

from The Hindu - Business

Now you can book Indane LPG cylinder without Aadhaar or address proof, check details

Previously, distributors and companies didn’t let anyone book an LPG connection without an address proof. 

from Zee News :Business

Aadhaar Card Update: Want to Check where your Aadhaar has been Used? Follow These Steps

Aadhaar Card: To find your Aadhaar history, you just need to visit the UIDAI's website and follow these simple steps. Details Here

from Top Business News- News18.com

Home Loan for Retired People: 5 Things to Keep in Mind Before Applying

Many retired people are not aware of some basic factors that can not only increase their chances of loan approval. Here's your cheat-sheet

from Top Business News- News18.com

Health Insurance: 5 Tips to Remember to Claim Health Cover from your Employer

Your family should be well versed with the healthcare policy provided by the office. Make it a habit, before proceeding first to read the policy document thoroughly.

from Top Business News- News18.com

ATM Cash Withdrawal Charge, Debit Card, Credit Card Fee to Increase Soon

ATM Cash Withdrawal Charge to Rise: In the view of increasing cost of ATM deployment and maintenance charges, RBI has decided to increase the ATM transaction charges

from Top Business News- News18.com

SBI Customers: Stay Away from These Apps to Avoid Online Frauds, Scamsters

SBI has requested customers to not fall prey to links that promise gifts or cash of any kind. The bank asked them to not click on such links as cyber fraudsters can be behind it. They also advised people to not download apps that promote any sort of phishing.

from Top Business News- News18.com

Hiring activity saw uptick in most sectors in June: report

With the gradual easing of lockdowns, overall hiring activity witnessed positive growth for most sectors in June, according to a report. Hiring activi

from The Hindu - Business

Explained | Why has the RBI barred Mastercard from issuing new cards in India?

What is the RBI’s data localisation policy? What is the need for local data storage?

from The Hindu - Business

Market recovering, digital seeing quicker adoption: LTI

‘Pandemic brought local IT firms into the global limelight’

from The Hindu - Business

‘Infrastructure outlay, a boost for cement sector’

Ramco well placed to take advantage of likely buoyancy: CEO

from The Hindu - Business

Saturday 17 July 2021

SBI, HDFC, ICICI Bank, Axis Bank, Yes Bank: Check Latest FD Rates

Fixed Deposit Rates are very flexible in tenure and stable in returns, making them a reliable bet for many investors looking for a stable way to do so.

from Top Business News- News18.com

7th Pay Commission: Increased dearness allowance will come with July’s salary, check how to calculate DA hike

With the recent restoration of dearness allowance, employees and pensioners will now receive 28 per cent of their basic salary as DA and DR, respectively. 

from Zee News :Business

Ola receives 1,00,000 bookings for electric scooter in 24 hours

The company started accepting reservations for the yet-to-be-launched two-wheeler on July 15

from The Hindu - Business

HDFC Bank’s Online Banking Services To Remain Closed For Six Hours On July 18

HDFC Bank will soon provide mobile ATMs at 50 places in 19 cities.

from Top Business News- News18.com

Data | Medical expenses climb after second wave, adds to financial stress

The retail inflation rate remained high at 6.26% in June 2021, above the RBI's upper limit for the second consecutive month. A sharp surge in the cost

from The Hindu - Business

Time to be brave, stretch fiscal deficit goals if need be: Kamath

‘Benign rates, liquidity crucial to seize growth opportunity’

from The Hindu - Business

TCS, Infosys, Wipro to Recruit Over 1 lakh Freshers This Fiscal

Top IT firms are ramping up hiring efforts in anticipation of a spike in attrition rates down the road. TCS, Infosys and Wipro have rapidly climbed numbers.

from Top Business News- News18.com

Gold Price Today, 17 July 2021: Gold selling at Rs 48,350 in Delhi, check rates in metro cities

The 22-carat gold and 24-carat gold are retailing at Rs 47,340 and Rs 48,340 per 10 grams in the financial capital of India, Mumbai. 

from Zee News :Business

MasterCard Ban to Hit SBI, Yes Bank, 5 Others. Will Your Debit, Credit Card be Blocked?

Banks with Mastercard co-branding on their debit, credit or pre-paid cards will not be allowed to issue them from July 22 onwards to new customers.

from Top Business News- News18.com

Book now, travel later during CRED’s Mega Maldives Festival

Members get a now-or-never deal to book a trip to the islands from July 16-18 at unbelievable prices as bookings are valid till March 2022

from Top Business News- News18.com

Bank Holidays July 2021: Banks to remain shut for 5 days straight from July 17

Banks in some states will be closed for five days starting today (July 17) due to regional or national festivals, including a Sunday off. 

from Zee News :Business

Bank Holidays in July: Banks To Remain Shut for 5 Days, Know When You Can Visit Your Nearby Branch

In Agartala and Shillong, banks will be shut today, July 17 on the occasion of U Tirot Sing Day and Kharchi Puja respectively

from Top Business News- News18.com

Fixed deposit (FD) rates of IDBI Bank changed! Check latest rates here

IDBI Bank is offering an additional 50 bps interest rate to all fixed deposits made by senior citizens. At present, IDBI Bank is offering interest rates ranging from 2.7% to 4.8% for all the fixed deposits with a maturity period of 7 days to 20 years.

from Zee News :Business

LPG Cylinder Gets 'Smart' With Option to Check Gas Level, Other New Features. Know More

The LPG Composite Cylinder is only available in Delhi, Gurgaon, Hyderabad, Faridabad & Ludhiana for now. It will be made available pan India soon says the IOCL.

from Top Business News- News18.com

Petrol Price Today Rises, to Touch Rs 108/Litre in Mumbai. Check Latest Fuel Rates

Petrol, Diesel Prices Today July 17, 2021: New price hike pushes petrol in Mumbai to near Rs 108/litre mark, Bangalore Crosses Rs 105/litre mark.

from Top Business News- News18.com

Kisan Sarathi platform launched to boost agri income, here’s how it’ll benefit farmers

Using the Kisan Sarathi digital platform, farmers can get information about crop and crop production.

from Zee News :Business

Petrol, Diesel Prices Today, July 17, 2021: Petrol prices hiked again to record highs, check rates in your city

Diesel prices remained unchanged in the national capital on July 17 in Delhi.  

from Zee News :Business

Tata Power to set up EV charging stations at HPCL petrol pumps

Tata Power Ltd. has signed an agreement with Hindustan Petroleum Corporation Ltd (HPCL) to provide end-to-end EV charging stations at HPCL’s petrol pu

from The Hindu - Business

Five Kirloskar firms announce transformation, adopt new logo, branding

Five Kirloskar companies, led by brothers Atul and Rahul Kirloskar, said they would undergo a transformation in a bid to make them future ready and cu

from The Hindu - Business

Demand strong, challenge is with supply: Mercedes-Benz

Global logistics issue affecting parts availability, says Iyer

from The Hindu - Business

RIL arm to buy ₹3,497-cr. stake in Just Dial

To make open offer for additional 26% stake as per norms

from The Hindu - Business

Paytm parent files with SEBI for ₹16,600-cr. IPO

One97 to issue ₹8,300 cr. fresh shares

from The Hindu - Business

ICICI-Videocon Scam: ED Conducts Searches Against Videocon Group, Promoters

They said the searches were being conducted at multiple premises.

from Top Business News- News18.com

Friday 16 July 2021

Paytm IPO: Draft Paper for Rs 16,600-Crore Filed. OFS, Opening Day, Key Details

Paytm has a plan to raise primary funds worth Rs 8,300 crore.

from Top Business News- News18.com

Your Old Notes And Coins Can Fetch You Upto Rs 5 Lakh Online, Know Details

Buyers are ready to pay in lakhs for rare antique notes and coins.

from Top Business News- News18.com

Petroleum minister vows to work with Saudi Arabia, UAE to calm oil markets

Puri said New Delhi would like to expand its relations with Riyadh to “beyond buyer-seller to see greater two way investment”.

from The Hindu - Business

Zomato IPO Grey Market Premium, Subscription Status, Allotment and Key Details

Zomato IPO Updates July 16: Zomato's IPO is running at a premium of Rs 14 in the Grey Market today, which is higher than Rs 8.75 to Rs 9 on Day-1 of the issue.

from Top Business News- News18.com

Business Live:

Updates from the world of economy, markets, and finance

from The Hindu - Business

TCS to help Malaysia in building a digital economy

IT firm to work with Human Resource Ministry of Malaysia

from The Hindu - Business

Power usage returns to pre-Covid level

India’s power consumption grew almost 17% in the first fortnight of July to 59.36 billion units (BU) and returned to pre-pandemic level mainly due to

from The Hindu - Business

Government kick-starts LIC IPO process

Kick-starting the process for LIC disinvestment, the government has invited bids from merchant bankers and legal advisors for advising it on the propo

from The Hindu - Business

GDP to grow in double digits on low base: ICRA report

Economic recovery has gained momentum after the lifting of localised lockdowns imposed in the aftermath of the second wave, but is ‘incomplete,’ accor

from The Hindu - Business

Sensex surges over 100 points in early trade, Nifty tops 15,950

ITC was the top gainer in the Sensex pack, surging over 1 per cent, followed by Sun Pharma, Dr Reddy's, Reliance Industries and HDFC. 

from Zee News :Business

SBI alert! Net Banking, YONO, UPI to remain suspended on July 16, 17, check timings

SBI took to Twitter to inform about the temporary suspension of internet banking services so that its customers can schedule their transactions accordingly without facing any issues.

from Zee News :Business

Gold Price Today Slumps for Second Day. 'Buy Zone Above Rs 48,360,' Says Expert

On the Multi-Commodity Exchange (MCX), August gold contracts dropped 0.06 percent to Rs 48,371 for 10 grams at 0925 hours on July 16

from Top Business News- News18.com

SBI Mobile App YONO, Net Banking, UPI Services to Remain Down Today. Details Here

As a result of ongoing maintenance, SBI's Internet Banking, YONO, YONO Lite and UPI services will be down on July 16 and July 17 for 150 minutes.

from Top Business News- News18.com

Petrol, Diesel Price Today: Petrol Hiked Over Rs 10 in Two Months. Know Fuel Rates

Petrol, Diesel Prices Today July 16, 2021: Major cities Mumbai, Chennai and Bangalore are reaching the Rs 110-a-litre mark with the price hike on July 15.

from Top Business News- News18.com

Ola Electric opens bookings for electric scooter

Ola Electric on Thursday opened bookings for its yet to be launched electric scooter. The scooter can now be reserved for a refundable ₹499 while the

from The Hindu - Business

Inshorts raises $60 million

Inshorts, which operates an eponymous news app, raised $60 million in funding from Vy Capital with participation from existing investors. With this, t

from The Hindu - Business

Sudhanshu Vats to join Pidilite as dy MD

Sudhanshu Vats, former MD & CEO, EPL Ltd., will join Pidilite Industries Ltd. as deputy MD from September 1 the company said on Thursday. An alumn

from The Hindu - Business

WNS Q1 profit rises 80% to $26.8 million in June quarter

WNS (Holdings) Ltd. said its profit for the quarter ended June 30 surged by 80.6% to $26.8 million from the year-earlier period as a result of easing

from The Hindu - Business

Lamborghini brings Huracán STO to India at ₹4.99 cr.

Italian super sports luxury carmaker Lamborghini on Thursday unveiled the Huracán STO model in India at a price tag of ₹4.99 crore (ex-showroom). The

from The Hindu - Business

‘Home sales rose 67% in H1, COVID-19 slows pace’

Affordable housing slips: Knight Frank

from The Hindu - Business

Wipro Q1 net profit jumps 35%

Demand is robust, see double-digit growth this year: CEO

from The Hindu - Business

Financial inclusion is a policy priority: Shaktikanta Das

‘Inclusivity bolsters financial stability’

from The Hindu - Business

WhatsApp blocked 2 million Indian accounts in 1 month for sending bulk, harmful texts at scale

The company clarified that of the total accounts blocked by it, over 95 per cent of accounts were banned due to unauthorised use of automated or bulk messaging (spam). 

from Zee News :Business

Thursday 15 July 2021

Bank Holidays in July: Banks to Remain Shut for 6 Straight Days from Tomorrow, Full List

Bank Holidays in July, 2021: It must be noted that the bank holidays vary from one state to another. Bank customers must visit the bank holiday list regularly for any new updates

from Top Business News- News18.com

Rupee gains 12 paise to 74.47 against U.S. dollar in early trade

On July 14, the rupee had settled at 74.59 against the U.S. dollar

from The Hindu - Business

Gold Price Today, 15 July 2021: Gold selling cheaper by Rs 7900 from record levels, perfect time to invest?

In the ongoing week, gold has made a decent recovery. On Thursday (July 15), gold prices on Multi Commodity Exchange (MCX) were trading with a gain of Rs 36 at Rs 48,335 per 10 gram. 

from Zee News :Business

Sensex gains over 100 pts in early trade, Nifty tops 15,850

Foreign institutional investors (FIIs) were net sellers in the capital market as they offloaded shares worth Rs 1,303.95 crore on Wednesday, as per provisional exchange data. 

from Zee News :Business

Zomato IPO Allotment Status, Listing Day and Other Key Details

Zomato IPO Updates July 15: Zomato is likely to list on July 27, 2021, and its allotment details will most likely be available from July 22.

from Top Business News- News18.com

These Rs 1, Rs 10, Rs 100 Notes Can Get you up to Rs 3 Lakh Online. Here's How

An old note of the 786 series can fetch you a big amount in lakhs within a few minutes without going anywhere. Know details here

from Top Business News- News18.com

Zomato IPO: New-Age Investors Making Waves; Over 60% of Applicants Under 30 Years

In a press release, Paytm Money said that it has received a strong response from young and new-to-market investors for the Zomato IPO - 27% were under 25.

from Top Business News- News18.com

Gold Price Today Trading Flat, Resistance at Rs 48,550. 'Investors Must Go Short'

Gold Price Today: Domestic gold and silver prices could start flat to marginally higher this Thursday morning, tracking overseas prices, said analyst

from Top Business News- News18.com