Friday 30 September 2022

Rupee rises 24 paise to 81.49 against U.S. dollar

The previous day, the rupee recovered from record lows to settle 20 paise higher at 81.73 against the dollar

from The Hindu - Business

EXPLAINED: How Do We Know When a Recession Has Begun?

With consumers managing to keep spending and the trade deficit narrowing, economists expect the economy grew — albeit slowly — in the July-September quarter

from Top Business News- News18.com

RBI MPC Monetary Policy 2022 Live Updates: Will Shaktikanta Das Raise Key Policy Rates by Another 50 bps Today?

RBI Monetary Policy 2022 Live Updates: The Reserve Bank of India's rate-setting panel is expected to raise the policy rate ranging between 35 to 50 basis points (bps).

from Top Business News- News18.com

How Gandhi’s moral vision could be a critical catalyst for capitalism

Gandhi’s visions of the trusteeship model, ahimsa, and self-denial could be the corrective course that our economies urgently need

from The Hindu - Business

Stocks to Watch Today: Lupin, PNB, Rail Vikas Nigam, Hero MotoCorp, and Others

Stocks to watch today: Shares of firms like Lupin, PNB, Rail Vikas Nigam, Hero MotoCorp, and others will be in focus in Friday's trade

from Top Business News- News18.com

Thursday 29 September 2022

Rupee rises 35 paise to 81.58 against U.S. dollar

At the interbank foreign exchange, the domestic unit opened at 81.60 against the dollar

from The Hindu - Business

Akash Ambani Named in Time100 NEXT list; Here's Why The Reliance Jio Chairman Is The Next Big Thing

TIME magazine says Akash Ambani was always expected to rise in business. But he has been putting in hard work

from Top Business News- News18.com

Markets rebound in early trade amid recovery in global equities

Tata Steel, ITC, IndusInd Bank, NTPC, Axis Bank, Sun Pharma, Mahindra & Mahindra and State Bank of India were major winners in early trade

from The Hindu - Business

Stock Market Update: Sensex Surges Over 500 pts at Open, Nifty Reclaims 17K; Key Points

Sensex Today: The Sensex and Nifty indices opened in the green on Thursday after a 6-day slide as the global market staged a comeback.

from Top Business News- News18.com

Hindustan Copper Receives Shareholders Approval for 23.2% Dividend for FY22; Details

Hindustan Copper (HCL) announced the highest-ever dividend per share. Here's what investors should know about the dividend payout

from Top Business News- News18.com

Stocks to Watch Today: Voda Idea, Ambuja Cements, Blue Dart, Anupam Rasayan, and Others

Stocks to watch today: Shares of firms like Voda Idea, Ambuja Cements, Blue Dart, Anupam Rasayan, and others will be in focus in Thursday's trade

from Top Business News- News18.com

Wednesday 28 September 2022

PM Kisan 12th Installment Likely by September 30; How To Check Beneficiary Status

Under the PM-KISAN scheme, eligible landholding farmers' families get Rs 2,000 every four months, which is Rs 6,000 annually

from Top Business News- News18.com

Petrol and Diesel Rates Today: Check Fuel Prices in Your City on September 28, 2022

The rates of petrol and diesel have been the same for more than three months now.

from Top Business News- News18.com

Sensex tumbles 609 points in early trade amid weak Asian markets

Sun Pharma, Mahindra & Mahindra, Dr Reddy's and Power Grid were among the winners

from The Hindu - Business

Debit, credit card, Demat, NPS, APY Rules: Key Money Rule Changes From October

Financial Rule Changes From October 1: Several regulations will take effect on October 1st. Here are the changes that may affect your personal finances starting the following month.

from Top Business News- News18.com

Stock Market Update: Sensex Falls Over 450 pts, Nifty Below 16,900; Rupee Weakens Further

Sensex Today: After a flat close, the previous day, the Sensex and Nifty opened in the red on Wednesday amid weak global cues.

from Top Business News- News18.com

Stocks to Watch Today: BPCL, Mahindra CIE, Torrent Pharma, Motherson Sumi, and Others

Stocks to watch today: Shares of firms like BPCL, Mahindra CIE, Torrent Pharma, Motherson Sumi, and others will be in focus in Wednesday's trade

from Top Business News- News18.com

Tuesday 27 September 2022

Rupee rises 37 paise to 81.30 against U.S. dollar; markets rebound

After a positive beginning, the 30-share BSE Sensex climbed 461.82 points to 57,607.04 in initial trade

from The Hindu - Business

Indian Economy Showing Resilience and Recovery: CEA

Speaking at a virtual seminar organised by Swadeshi Research Institute, he said all sectors of the economy such as agriculture, manufacturing and construction are "doing well".

from Top Business News- News18.com

Stock Market Updates: Sensex Gains 300 pts at Open, Nifty Reclaims 17,100; Key Points

Sensex Today: The Sensex and Nifty indices opened in the green after a four day losing streak on Tuesday amid mixed cues.

from Top Business News- News18.com

Electronics Mart IPO to Open From October 4; Know Key Subscription Details

The subscription period for Electronics Mart India Ltd's initial public offering (IPO) will begin on October 4 and end on October 7

from Top Business News- News18.com

Tamil Nadu should aim for public debt-GDP level of 18.36%: Study

Debt sustainability is possible only if fiscal deficit is brought down to 2%, says a Madras School of Economics paper

from The Hindu - Business

ETH Merge Pushes PoW Miners into Mire of Diminishing Returns

Fuelled by already skyrocketing energy prices, which are again set to rise by 50% in 2022, it seems like PoW mining has run its course

from Top Business News- News18.com

Fund of Funds for Startups Committed Rs 7,385 Cr to 88 AIFs as of Sep 24: Govt

FFS was announced with a corpus of Rs 10,000 crore. The corpus is to be built up over the 14th and 15th Finance Commission Cycles (2016-2020 and FY 2021-2025) through budgetary support by the Department for Promotion of Industry and Internal Trade (DPIIT), under the ministry

from Top Business News- News18.com

Monday 26 September 2022

Tata Group Plans To Halve Number of Listed Companies For Better Focus On Growth, Scale

The move is aimed at shifting Tata group's focus on investing in fewer but bigger entities that can ably compete in the marketplace

from Top Business News- News18.com

Pound hits record low versus dollar, markets drop on recession fears

Officials in several countries including the United States, Britain, Switzerland and Sweden unveiled more increases in the cost of borrowing.

from The Hindu - Business

Harsha Engineers Listing: Shares Rise 36% on Debut; Should You Buy, Sell or Hold?

Harsha Engineers made its D-street debut today. Harsha Engineers launched its Rs 755-crore initial public offering (IPO) from September 14-16 and received strong demand across investor categories. What should investors do now?

from Top Business News- News18.com

Markets fall sharply in early trade; Sensex tumbles 817 points

Power Grid, Tata Steel, Maruti, Mahindra & Mahindra, NTPC, IndusInd Bank, Axis Bank and Titan were the major laggards in the early trade

from The Hindu - Business

Stock Market Update: Sensex Crashes 700 pts at Open, Nifty Near 17,100; Rupee Hits Fresh Low

Sensex Today: The Sensex and Nifty benchmark indices had a gap-down start on Monday amid a slump in rupee and rising recession fears.

from Top Business News- News18.com

Stocks to Watch Today: Harsha Engineers, Embassy REIT, Coal India, BPCL, and Others

Stocks to watch today: Shares of firms like Harsha Engineers, Embassy REIT, Coal India, BPCL, and others will be in focus in Monday's trade

from Top Business News- News18.com

Sunday 25 September 2022

China Construction Bank To Set Up $4.2-Billion Fund For Buying Properties; Details Here

Realty companies in China have been facing a credit crunch after the government earlier tightened lending to the sector in order to reduce debt risks

from Top Business News- News18.com

Free trade talks in final phase with Diwali deadline in sight, says London Lord Mayor

The timeline had been set during former British Prime Minister Boris Johnson's visit to India in April

from The Hindu - Business

Rupee Has Held Up Very Well Against Dollar Compared to Other Currencies: FM Sitharaman

If any one currency which has held its own and did not get into fluctuation or volatility as much as other currencies, it is the Indian rupee, the finance minister says

from Top Business News- News18.com

Harsha Engineers IPO Listing Tomorrow: GMP, What Experts Say

Harsha Engineers IPO: The company's unlisted shares are trading at a premium of Rs 162. So, its grey market premium (GMP) is Rs 162

from Top Business News- News18.com

Petrol Soars Higher Than Rs 100 In these Cities; Check The Full List

The price of petrol in Delhi on Sunday is set at Rs 96.72 per litre, while diesel costs Rs 89.62 per litre

from Top Business News- News18.com

Morning Digest | Congress Legislature Party to meet in Jaipur today; India on the side that respects U.N. charter, says EAM Jaishankar, and more

A select list of stories to read before you start your day

from The Hindu - Business

Saturday 24 September 2022

Byju's clears $230 million dues to Blackstone for acquisition of Aakash Educational Services

Byju's had acquired Aakash in April for around $950 million.

from The Hindu - Business

Economist Who Predicted 2008 Financial Crisis Warns About 'Long, Ugly' Recession

Nouriel Roubini's warning comes after the US along with all major economies is seeing high rates of inflation

from Top Business News- News18.com

Weekly Crypto Roundup: UK’s crackdown, Iran’s CBDC, and crypto carbon credits

The week after Ethereum’s Merge event saw macroeconomic factors pulling prices lower, even though many Ether investors were hoping for a surge.

from The Hindu - Business

TCS Work from Home Ends for Employees, Company Asks Workers to Come to Office Thrice a Week

As the Covid-19 pandemic has somewhat subsided for the time being, TCS work from home will no longer be possible, the company said in an email to employees recently.

from Top Business News- News18.com

Moonlighting Finds Surprise Support from Minister Rajeev Chandrashekar; Know What He Said

Efforts of companies that want to pin their employees down and prevent them from working on their own startups are doomed to fail, the minister said.

from Top Business News- News18.com

Bullet train | NHSRCL invites bids for the construction of 21 km tunnel in Maharashtra

The NHSRCL had in July this year invited bids for the design and construction of an underground station at Mumbai's BKC

from The Hindu - Business

Friday 23 September 2022

Rupee breaches 81 mark for a new lifetime low, markets continue to remain weak

Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading lower.

from The Hindu - Business

Rupee Falls to Record Low of 81.09 in Early Trade; Know Why

On Thursday, the rupee had suffered its biggest single session percentage decline since February

from Top Business News- News18.com

Reliance New Energy to invest $12 million in U.S. solar tech firm Caelux Corp

RNEL will acquire 20% stake in Caelux

from The Hindu - Business

Stock Market Update: Sensex Falls 150 pts, Nifty50 Below 17,600; Tata Steel Top Gainer

The benchmark Sensex and Nifty indices started lower on Friday amid feeble global cues and weak domestic sentiment due to a sharp fall in the rupee.

from Top Business News- News18.com

Reliance New Energy to Buy 20% Stake in US-Based Caelux; Know Details

Reliance New Energy Limited (RNEL), a wholly-owned subsidiary of Reliance Industries Ltd, has signed definitive agreements to invest in Caelux Corporation

from Top Business News- News18.com

Stocks to Watch Today: Tata Steel, Fortis, Hero MotoCorp, Glenmark, and Others

Stocks to watch today: Shares of firms like Tata Steel, Fortis, Hero MotoCorp, Glenmark, and others will be in focus in Friday's trade

from Top Business News- News18.com

Tata Steel board approves merger of seven entities into itself

The proposed amalgamation is also part of Tata Steel’s continuing journey to simplify the group holding structure

from The Hindu - Business

Indigenous toys to promote learning in anganwadi centres

Ministry is using these local toys for creating awareness on healthy living and good nutritional practices

from The Hindu - Business

Thursday 22 September 2022

Harsha Engineers IPO to List on BSE, NSE Soon: Know Latest GMP

Harsha Engineers IPO GMP Today: After the share allotment of Harsha Engineers International's initial public offering (IPO), all eyes are now on the stock market listing.

from Top Business News- News18.com

Rupee Falls to Record Low of 80.47 Against US Dollar in Early Trade; What's Next?

The Indian rupee fell to a new low as it fell by 42 paise an opened at 80.38 against the US dollar in early trade on Thursday

from Top Business News- News18.com

Data | Power drives States’ subsidies but goes missing in freebie debate

Power constitutes a significant share of the subsidy expenditure of States, yet it has not been part of the freebie debate so far. Here is a look at States’ subsidy expenditure, how it has changed in recent years, and what makes up these subsidies

from The Hindu - Business

Sensex Sinks Over 350 pts, Nifty Below 17,600 After 75 bps Rate Hike by Fed

Sensex Today: The Sensex and Nifty benchmark indices opened on a shaky ground following a global sell-off after the US Fed raised its benchmark rate by another 75 bps overnight.

from Top Business News- News18.com

Stocks to Watch Today: Veritas, IDBI Bank, Punjab National Bank, PB Fintech, and Others

Stocks to watch today: Shares of firms like Veritas, IDBI Bank, Punjab National Bank, PB Fintech, and others will be in focus in Wednesday's trade

from Top Business News- News18.com

US Fed Delivers Another 75bps Rate Hike; Powell Vows to 'Keep At It'

The Fed's target policy rate is now at its highest level since 2008 - and new projections show it rising to the 4.25%-4.50% range by the end of this year

from Top Business News- News18.com

Railways to bring in more 3AC economy coach as demand picks up

The new class of coaches had fetched the Railways ₹231 crore in 12 months

from The Hindu - Business

Wednesday 21 September 2022

Adani Group pledges stake worth $13 bn in Ambuja Cements and ACC

This is "for the benefit of certain lenders and other finance parties," says Adani Group.

from The Hindu - Business

Markets fall in early trade; turn choppy later

Among the 30-share Sensex pack, IndusInd Bank, Infosys, HDFC, ICICI Bank, TCS and Kotak Mahindra Bank were the biggest laggards

from The Hindu - Business

Byju's Co-Founder Divya Gokulnath Compares Ed-Tech Firm's Results to 'Brahmastra'; Know Why

Divya Golkulnath said that the second blockbuster release of this year, after the movie "Brahmastra", was the financial results of Byju's

from Top Business News- News18.com

Karnataka HC directs Mantri Developers to return money and discharge loan outstanding of litigants who cancelled flat bookings

Court restrains financial institution from acting against borrowers, allows it to recover outstanding from the builder

from The Hindu - Business

Harsha Engineers IPO Share Allotment Today: How to Check via BSE, Registrar's Website

Those who have applied for the public issue worth Rs 755 crore are advised to check Harsha Engineers IPO allotment status online after the announcement of share allotment

from Top Business News- News18.com

Stocks to Watch Today: Central Bank, Cipla, Yes Bank, GAIL, SpiceJet, and Others

Stocks to watch today: Shares of firms like Central Bank, Cipla, Yes Bank, GAIL, SpiceJet, and others will be in focus in Wednesday's trade

from Top Business News- News18.com

SpiceJet places 90 pilots on leave without pay

Airline says pilots far in excess of fleet size

from The Hindu - Business

Tuesday 20 September 2022

RBI Currently Not Looking To Allow NBFCs To Issue Credit Cards, Says Report; Check Details

The issue of allowing NBFCs to issue credit cards is not on the table right now

from Top Business News- News18.com

Markets trade firm in early trade; Sensex climbs 672 points

Nifty also higher by 209.5 points

from The Hindu - Business

Stock Market Update: Sensex Jumps 600 pts, Nifty Above 17,800; Dish TV Rallies 9%

Sensex Today: The Sensex and Nifty indices mirrored global moves and had a gap-up opening.

from Top Business News- News18.com

Harsha Engineers IPO Share Allotment Tomorrow: How to Check Status; Know GMP

Harsha Engineers IPO Share Allotment Process Tomorrow: Harsha Engineers International’s Rs 755-crore IPO is likely to finalise the basis of allotment on Wednesday, 22 September. How to check?

from Top Business News- News18.com

After Ethereum Merge, Cardano to Spoon Up More Excitement for Crypto Crowd with Sept 22 Hard-fork Upgrade

The aim is to drastically level up its speed, and scaling capacities, while simultaneously reducing transaction costs

from Top Business News- News18.com

Stocks to Watch Today: IRCTC, Ceat, Sugar Stocks, GAIL, Oil stocks, and Others

Stocks to watch today: Shares of firms like IRCTC, Ceat, Sugar Stocks, GAIL, Oil stocks, and others will be in focus in Tuesday's trade

from Top Business News- News18.com

Monday 19 September 2022

Markets bounce back after falling in early trade

The 30-share BSE benchmark had tanked 1,093.22 points or 1.82% to settle at 58,840.79 on Friday

from The Hindu - Business

EXPLAINED: What to Know About 'Buy Now, Pay Later'

Buy now, pay later loans allow users to pay for items such as new sneakers, electronics or luxury goods in installments

from Top Business News- News18.com

Stock Market Updates: Sensex Opens Flat, Nifty Above 17,500; Key Points

Sensex Today: The benchmark Sensex and Nifty indices started on a tepid note on Monday morning after a rough close on Friday.

from Top Business News- News18.com

Take cover before it starts raining

A suitable insurance plan can ensure the financial protection of your house during the monsoon

from The Hindu - Business

Harsha Engineers IPO Share Allotment This Week; Know GMP, Listing Date, Key Details

Harsha Engineers IPO Share Allotment on Wednesday: After subscription, all eyes are now set on the Harsha Engineers IPO allotment date, which is most likely September 21. Know details

from Top Business News- News18.com

Stocks to Watch Today: ACC, Ambuja, Zomato, ONGC, Hero Moto, and Others

Stocks to watch today: Shares of firms like ACC, Ambuja, Zomato, ONGC, Hero Moto, and others will be in focus in Friday's trade

from Top Business News- News18.com

Sunday 18 September 2022

Govt Considering Proposal To Grant Development Financial Institution Status To REC

Move aimed at enabling the state-owned company to steer global climate funding and net-zero investment in the country

from Top Business News- News18.com

Fall in Kharif output may keep rice prices at elevated levels

Erratic June-September rainfall and delayed withdrawal of South-West monsoon rains have added to concerns over paddy crop.

from The Hindu - Business

Income Tax Dept Issues Revised Guidelines for Compounding of Offences; Details Here

Specific upper limits have been introduced for the compounding fee covering defaults across several provisions of the Income Tax Act

from Top Business News- News18.com

Short-Video Apps Market To Touch $19 Billion by 2030, GARI Will Recover Stronger: Chingari's Sumit Ghosh

Ethereum Merge is the most significant prospective crypto market-moving event in recent times; a successful merge will further boost investor confidence in crypto, says Chingari CEO

from Top Business News- News18.com

SBI Waives Off SMS Charges On Mobile Fund Transfers; Check Details

SBI says users can now conveniently transact without any additional charges using USSD services

from Top Business News- News18.com

Morning Digest | Joblessness is below pre-COVID levels, says Finance Ministry; Jaishankar to leave for U.S. today for 11-day visit, and more

A select list of stories to read before you start your day

from The Hindu - Business

Saturday 17 September 2022

Indian Industrialist Swati Piramal Conferred Top French Honour for Business, Industry Contributions

Swati Piramal has been conferred France's top civilian honour for her contributions in the fields of business and industry, science, medicine, and towards strengthening Indo-French ties.

from Top Business News- News18.com

Windfall Tax on Crude Oil Down to Rs 10,500 Per Tonne from Today, Diesel, ATF Taxes Cut Too

The levy on the export of diesel was reduced to Rs 10 per litre from Rs 13.5 per litre, while the tax on Aviation Turbine Fuel (ATF) exports was cut to Rs 5 a litre from Rs 9 per litre

from Top Business News- News18.com

Petrol, Diesel Prices Today Over Rs 100 in These Cities; Check Fuel Rates in Delhi, Mumbai, Others

Petrol Price Today, September 17: In Delhi, petrol and diesel are priced at Rs 96.72 and Rs 89.62 per litre, respectively.

from Top Business News- News18.com

Maharashtra FDA cancels Johnson & Johnson's baby powder manufacturing licence

The State government agency said the company's product, Johnson's Baby Powder, may affect the skin of newborn babies

from The Hindu - Business

Is Today a Bank Holiday? Banks to Remain Shut for 5 Out of 13 Remaining Days This Month

Bank Holidays in September, Many bank holidays are regional and may differ from state to state. Please check the bank holidays in your city before visiting the branch

from Top Business News- News18.com

Maharashtra Cancels Johnson & Johnson's Baby Powder Manufacturing Licence Over 'Quality' Issues

In a release, the state government agency said the company's product, Johnson's Baby Powder, may affect the skin of newborn babies.

from Top Business News- News18.com

Friday 16 September 2022

Rupee falls 11 paise to 79.82 against U.S. dollar in early trade

At the interbank foreign exchange market, the rupee opened at 79.80 against the greenback

from The Hindu - Business

Stock Market Updates: Sensex Slips 400 pts At Open, Nifty50 Below 17,800; Key Points

Sensex Today: Domestic equity markets opened lower on Friday amid weak global cues.

from Top Business News- News18.com

Sensex falls over 500 points in early trade amid weak global markets

The 30-share BSE benchmark tanked 538.2 points to 59,395.81 in early trade

from The Hindu - Business

Harsha Engineers IPO GMP, Subscription, Key Risks; Should You Buy on Last Day?

Harsha Engineers IPO Last Day to Subscribe: Harsha Engineers IPO subscription will conclude today. The applicants also must note that the cut-off time for UPI mandate acceptance is Friday, September 16, 2022, upto 5:00 pm. Should you buy?

from Top Business News- News18.com

Stocks to Watch Today: Adani Ports, IndusInd Bank, PVR, UPL, and Others

Stocks to watch today: Shares of firms like Adani Ports, IndusInd Bank, PVR, UPL, and others will be in focus in Friday's trade

from Top Business News- News18.com

Reliance Retail seeks shareholder nod for doubling borrowing limit to ₹1 lakh crore

As on March 31, 2022, Reliance Retail's gross debt was at ₹40,756.44 crore

from The Hindu - Business

Both Sides of The Coin: The Ethereum Merge Is Done; But What Happens Now?

The second largest crypto in the world has fundamentally migrated to a mechanism that is 99.95% less energy-consuming

from Top Business News- News18.com

Thursday 15 September 2022

Tamilnad Mercantile Bank Shares Lists At 3% Discount to IPO Price; Should You Buy, Sell or Hold?

Tamilnad Mercantile Bank IPO Listing: Tamilnad Mercantile Bank shares made its D-street debut today.

from Top Business News- News18.com

Fitch Lowers India's FY23 GDP Growth Forecast to 7% from 7.8% Amid Economic Backdrop

Fitch also projected a further slowdown in growth to 6.7 per cent in FY24 from its earlier estimate of 7.4 per cent.

from Top Business News- News18.com

Stock Market Update: Sensex Jumps 300 pts At Open, Nifty50 Nears 18,100; Key Points

Sensex Today: After wild swings, the previous day, the Sensex and Nifty indices started in the green on Thursday amid slightly positive global cues.

from Top Business News- News18.com

SBI raises benchmark lending rate by 0.7%

SBI announcement would make loan repayment linked to Benchmark Prime Lending Rate costlier

from The Hindu - Business

Harsha Engineers IPO Day 2: GMP, Subscription, Valuation, Other Details; Should you Invest?

Harsha Engineers IPO got fully subscribed on the first day of subscription. Should you subscribe on day 2?

from Top Business News- News18.com

Tamilnad Bank Listing on BSE, NSE Today: Time, Listing Price, Key Details

From 9.15 am onwards, investors are able to buy Tamilnad Mercantile Bank's shares from BSE and NSE

from Top Business News- News18.com

Data collaterals now replacing physical collaterals against loans: Nilekani

Over 40 percent of Indians now use digital formats; some of these people don’t even have a smart phone

from The Hindu - Business

Wednesday 14 September 2022

Harsha Engineers IPO Opens Today: Price, Financials, GMP, Should you Invest?

The Rs 760 crore initial public offering (IPO) of Harsha Engineers International is set to open for public bidding on Wednesday, September 14. Should you invest?

from Top Business News- News18.com

Wall Street Tumbles to Biggest Loss in Two Years Following CPI Data

A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.

from Top Business News- News18.com

Focus on Free Trade Agreements with developed countries: Piyush Goyal

India concluded a trade pact with the United Arab Emirates earlier this year and launched negotiation for similar pacts with several other countries such as Canada

from The Hindu - Business

Twitter shareholders endorse Elon Musk’s $44 billion buyout deal

Twitter has sued Elon Musk to complete the deal, and a trial is set for October

from The Hindu - Business

Tuesday 13 September 2022

Goldman Sachs to Lay Off Hundreds of Employees from Next Week: Reports

Goldman Sachs, as part of its annual layoff round called Strategic Resource Assessment," or "SRA," trims about 1 to 5 per cent of its employees.

from Top Business News- News18.com

Adani Realty In Discussions With DB Realty For Merger Deal: Report

The transaction, which may be the largest real estate deal in India, will pave the way for the listing of the real estate arm of billionaire Gautam Adani

from Top Business News- News18.com

India is ready for Apple’s satellite connectivity

If Apple wants to go ahead with this feature in India, then it will have to partner with satellite internet providers like Hughes or OneWeb

from The Hindu - Business

Amazon Work from Home to Continue for These Employees; Know What CEO Said

Andy Jassy said Amazon had no such plans as to mandate its corporate staff members who work from home, to come back to office.

from Top Business News- News18.com

Rupee rises 28 paise to 79.25 against U.S. dollar in early trade

On Monday, the rupee rose 4 paise to close at 79.53 against the American currency

from The Hindu - Business

Sensex rises 359 points in early trade; Nifty crosses 18,000-level

The 30-share Sensex rose for the fourth consecutive session and surged 359.49 points

from The Hindu - Business

Stock Market Updates: Sensex Surges 350 pts, Nifty Reclaims 18K for First Time Since April

Sensex Today: Domestic benchmark Sensex and Nifty indices started in the green on Tuesday morning.

from Top Business News- News18.com

American Express Appoints Sanjay Khanna as CEO, Country Manager for India

American Express Banking Corp (AEBC) has announced the appointment of Sanjay Khanna as the Chief Executive Officer (CEO) and Country Manager for India.

from Top Business News- News18.com

Stocks to Watch Today: TCS, Axis Bank, JSW Steel, HDFC Life, Ujjivan SBF, and Others

Stocks to watch today: Shares of firms like TCS, Axis Bank, JSW Steel, HDFC Life, Ujjivan Small Finance Bank, and others will be in focus in Tuesday's trade

from Top Business News- News18.com

Monday 12 September 2022

Bank Holidays in September: Lenders to be Closed for 5 Out of Remaining Days This Month; Check List

Bank Holidays in September, Many bank holidays are regional and may differ from state to state. Please check the bank holidays in your city before visiting the branch Bank Holidays in September 2022, List of days when banks will remain closed this week

from Top Business News- News18.com

Rupee falls 10 paise to 79.67 against U.S. dollar in early trade

At the interbank foreign exchange market, the rupee opened at 79.66 against the greenback

from The Hindu - Business

Market This Week: Inflation Data, FII Data, Crude Oil, and Other Factors to Watch Out For

The market is expected to extend the current uptrend this week but volatility can't be ruled out amid global macro environment, with focus on monthly inflation numbers in India and the US, and oil prices, experts said.

from Top Business News- News18.com

Stock Market Update: Sensex Rises 300 pts at Open, Reclaims 60K; Nifty Above 17,900; Tech M Up 3%

Sensex Today: Indian markets opened on a positive note in Monday's trade on the BSE amid strong global cues.

from Top Business News- News18.com

Sensex revisits 60,000-mark in early trade

Trading momentum was positive ahead of retail inflation and industrial output data, which will be announced after market hours.

from The Hindu - Business

Tamilnad Mercantile Bank IPO Share Allotment Today: How to Check via BSE, Registrar's Website

Tamilnad Mercantile Bank IPO Share Allotment Today: Share allotment of the public issue of Tamilnad Mercantile Bank Ltd will be allotted today, September 12, 2022.

from Top Business News- News18.com

Stocks to Watch Today: ONGC, Hindustan Copper, ACC, Ambuja Cement, and Others

Stocks to watch today: Shares of firms like ONGC, Hindustan Copper, ACC, Ambuja Cement, and others will be in focus in Monday's trade

from Top Business News- News18.com

Sunday 11 September 2022

FPIs infuse ₹5,600 crore in Indian equities in September so far

This comes following a net investment of staggering ₹51,200 crore in August and nearly ₹5,000 crore in July, data with depositories showed

from The Hindu - Business

Shaadi.com Plans To Launch IPO Within A Year; Check Details

Shaadi.com also plans to introduce a platform where matches can meet face-to-face virtually

from Top Business News- News18.com

Harsha Engineers IPO To Open On September 14: Is It Worth Buying? Check Price, Size, Key Dates

Harsha Engineers IPO, for which the price band has been fixed at Rs 314-330 per share, will remain open between September 14 and September 16

from Top Business News- News18.com

Housing Prices On Rise Due To Demand Recovery, High Interest Rates; What Should Homebuyers Do?

Residential prices, which have surpassed pre-pandemic levels, have been seeing an upward trend led by rising demand amid rising prices of construction materials

from Top Business News- News18.com

Petrol Prices Continue To Soar Above Rs 100 In Major Metropolis Cities, Check Fuel Rates In Your City

In Mumbai, Chennai, and Kolkata the petrol prices remain above the Rs 100 mark

from Top Business News- News18.com

Morning Digest | Congress to put out electoral rolls; Queen Elizabeth II’s funeral to be held on September 19, and more

A select list of stories to read before you start your day

from The Hindu - Business

Explained | What is the G7 planning on Russian oil? 

How will imposing a price cap on oil purchases from Russia take off on the ground? How is India responding to the West’s call? 

from The Hindu - Business

Saturday 10 September 2022

Reliance acquires Shubhalakshmi Polyesters for ₹1,592 crore

The acquisition will strengthen the textile manufacturing business of Reliance.

from The Hindu - Business

Harsha Engineers IPO Opens Next Week: Price Band, Size, Key Things to Know About the Offer

Harsha Engineers IPO price band has been fixed at Rs 314-330 per share band of Rs 314-330 per share for its maiden public issue.

from Top Business News- News18.com

Direct Tax Collection Rises 35.46% So Far This Fiscal, Govt Collects Rs 6.48 Lakh Crore

Direct tax collection, net of refunds, stands at Rs 5.29 lakh crore which is 30.17 per cent higher than the net collections for the corresponding period of last year

from Top Business News- News18.com

RBI Executive Director Warns on Applying Latest Tech: 'Blind Implementation Could be Counterproductive'

It is also desirable that models should be built over sufficiently large time-series data, said RBI ED Ajay Choudhary

from Top Business News- News18.com

Want to Maximise Return on Your Property? Five Things You Should Keep in Mind

With most Indian cities going through a transition phase, property rates are expected to spike in near future.

from Top Business News- News18.com

India not part of IPEF's trade pillar; broader consensus yet to emerge among nations



from The Hindu - Business

Friday 9 September 2022

Petrol, Diesel Price Today in Delhi, Kolkata, Other Cities; Know How Much You Have to Pay

Petrol Price Today, September 9: In the capital city, Delhi, a litre of petrol comes at a price of Rs. 96.72 per litre while diesel costs Rs. 89.62 per litre.

from Top Business News- News18.com

Sensex reclaims 60k level in early trade; Nifty tests 17,900

The international oil benchmark Brent crude climbed to $89.38 per barrel

from The Hindu - Business

Rupee rises 8 paise to 79.61 against U.S. dollar in early trade

On Thursday, the rupee rose by 26 paise to close at a week's high of 79.69

from The Hindu - Business

India-born Devika Bulchandani Appointed as Ogilvy CEO, Joins Ranks of Sundar Pichai, Laxman Narasimhan

Popularly known as Dev in the industry, Devika Bulchandani is popular for ideas that capture the cultural zeitgeist, according to Ogilvy

from Top Business News- News18.com

US Consulate in Hyderabad to Soon Have 55 Windows for Visa

Senior American diplomat Jennifer Larson, who is now headed to India to lead the Hyderabad USA Consulate as its Consul General, interacted with a group of eminent Indian Americans from Andhra Pradesh, Telangana and Odisha.

from Top Business News- News18.com

Stock Market Update: Sensex Gains 350 pts at Open, Nifty Reclaims 17,900; Key Points

Sensex Today: The Sensex and Nifty indices started in the green on Friday morning amid firm cues from overseas.

from Top Business News- News18.com

Stocks to Watch Today: Concor, M&M, Jet Airways, Vodafone Idea, and Others

Stocks to watch today: Shares of firms like Concor, M&M, Jet Airways, Vodafone Idea, and others will be in focus in Friday's trade

from Top Business News- News18.com

Google plans pilot programme on ‘gambling’ apps

Gaming industry says it’s ‘discriminatory’ and ‘misuse of dominance’ as just two game formats included in the pilot

from The Hindu - Business

Thursday 8 September 2022

Petrol Price Today Above Rs 100 in These Cities; Check Petrol, Diesel Price in Delhi, Kolkata, Others

Petrol Price today, September 8: The price of petrol in the national capital on September 7 remains to be Rs. 96.72 per litre and a litre of diesel in the city costs Rs. 89.62.

from Top Business News- News18.com

Rupee rises 27 paise to 79.68 against U.S. dollar in early trade

The domestic unit opened at 79.72 against the dollar, then touched 79.68 in initial deals, registering a gain of 27 paise over its previous close

from The Hindu - Business

IndiGo Shares Decline Nearly 4% as 2.9% Equity Changes Hands Via Block Deal; Know Details

IndiGo Share Price: Shares of InterGlobe Aviation were trading lower on Thursday morning deals.

from Top Business News- News18.com

Stock Market Update: Sensex Rises 450 pts at Open, Nifty Tops 17,750; Key Points

Sensex Today: BSE Sensex, NSE Nifty opened on an upbeat note after a sharp fall in oil prices, and global sentiment has turned positive.

from Top Business News- News18.com

Bullish Trend in Bank Nifty to Continue, Says Rajesh Palviya of Axis Securities; Know Top 4 Stock Picks

Bank stocks are having a good rally and it doesn't look like that will end anytime soon. Rajesh Palviya, VP - Technical and Derivative Research, Axis Securities picks top 4 stocks to buy

from Top Business News- News18.com

Stocks to Watch Today: Dr. Reddy’s Laboratories, Indigo, HDFC Bank, Zydus, and Others

Stocks to watch today: Shares of firms like Dr. Reddy’s Laboratories, Indigo, HDFC Bank, Zydus, and others will be in focus in Thursday's trade

from Top Business News- News18.com

Wednesday 7 September 2022

IDBI Bank Privatisation: Govt Seeks Easing of Public Shareholding Norms, Here's What We Know So Far

The two-year relaxation in meeting the minimum public shareholding norms will give IDBI Bank five years in total to comply with the rules

from Top Business News- News18.com

Tata 1mg Becomes Unicorn With $40 Million Funding Led by Tata Digital; Know Company's Value

As per the Annual Report of Tata Sons, Tata Digital has acquired a majority stake at 1mg, its digital health company.

from Top Business News- News18.com

Rupee falls 11 paise to 79.93 against U.S. dollar in early trade

The rupee opened at 79.93 against the greenback, registering a decline of 11 paise over its last close.

from The Hindu - Business

Small-Cap Funds Add to Your Ideal Investment Portfolio but There is a Catch

Positive sentiment for small-cap stocks is grounded in the consistent returns it has generated over the last few years. But experts caution investors to adopt high-risk tolerance for investing in small-cap funds since the downsides can be financially damaging

from Top Business News- News18.com

Stock Market Update: Sensex Plunges 400 pts at Open, Nifty Slips Below 17,550; Key Points

Sensex Today: The Sensex and Nifty benchmark indices opened in the red on Wednesday morning.

from Top Business News- News18.com

Tamilnad Mercantile Bank IPO GMP, Subscription, Review; Should You Buy on Last Day?

Tamilnad Mercantile Bank IPO Subscription Day 3: The maiden public issue of Tamilnad Mercantile Bank continued to see good participation on the second day of subscription. Should you buy?

from Top Business News- News18.com

Stocks to Watch Today: Wipro, Indigo, HDFC Bank, Adani, Fertiliser Stocks, and Others

Stocks to watch today: Shares of firms like Wipro, Indigo, HDFC Bank, Adani, Fertiliser Stocks, and others will be in focus in Wednesday's trade

from Top Business News- News18.com

ED arrests former NSE chief Ravi Narain in phone tapping case

After Sanjay Pandey and Chitra Ramkrishna, this is the third high profile arrest in the case

from The Hindu - Business

Tuesday 6 September 2022

Data | After 2019, Pakistan reduced dependency on India by importing from China and Brazil

Before 2019, Pakistan was dependent on India for meat, cotton, and wheat and cereal flour imports. After the curbs, it replaced India’s share with imports from China, U.S., and Brazil.

from The Hindu - Business

Tamilnad Mercantile Bank IPO GMP, Subscription Status, Financials; Should You Buy on Day 2?

Tamilnad Mercantile Bank IPO Day 2: The initial public offering (IPO) of Tamilnad Mercantile Bank opened for subscription on Monday, September 5

from Top Business News- News18.com

Western Digital brings ‘world’s first’ 22TB CMR hard drive to India

As per ICRA report, the Indian data centre industry’s capacity is expected to witness a five-fold increase in the next five years

from The Hindu - Business

Stocks to Watch Today: Delhivery, DreamFolks, L&T, Adani, Tata Motors, and Others

Stocks to watch today: Shares of firms like Delhivery, DreamFolks, L&T, Adani, Tata Motors, and others will be in focus in Tueday's trade

from Top Business News- News18.com

No bumper offers on new cars this festive season

The industry is seeing a rise in demand which is exceeding the supply

from The Hindu - Business

Monday 5 September 2022

Paytm Shares Fall 6% Over ED Raids; Trade at 68% Discount to Issue Price

Paytm Share Price Today: Paytm shares fell 3 per cent in early trade on Monday morning after the ED raided its offices

from Top Business News- News18.com

Sensex gains over 280 points in early trade; Nifty above 17,600

ICICI Bank, Tech Mahindra, ITC, HCL Technologies, Tata Steel, Axis Bank, Reliance Industries, IndusInd Bank and HDFC Bank were the major gainers in early trade

from The Hindu - Business

Rupee rises 5 paise to 79.82 against U.S. dollar in early trade

At the interbank foreign exchange, the rupee opened at 79.84 against the dollar

from The Hindu - Business

Stock Market Update: Sensex Climbs Nearly 200 pts At Open, Nifty Above 17,550; Key Points

Sensex Today: Sensex and Nifty indices started on a weak note on Monday morning amid muted global cues.

from Top Business News- News18.com

Tamilnad Mercantile Bank IPO Opens Today: Price, Financials, GMP, Should you Invest?

Tamilnad Mercantile Bank IPO Opens Today: Tamilnad Mercantile Bank IPO will open for subscription on Monday, September 5. The bank aims to raise up to Rs 825 crore from its maiden share sale. Should you invest?

from Top Business News- News18.com

Bound to the house but still adding value

The insurance market has evolved and now provides term plans for homemakers, independent of breadwinners

from The Hindu - Business

Sunday 4 September 2022

Supertech Noida Twin Tower Land May Again Reach Court; Know Why

The demolition of Supertech twin towers in Noida, which were demolished on last Sunday (August 28), led to a loss of about Rs 1,000 crore to developer Supertech

from Top Business News- News18.com

Govt. should not be running businesses; can't have industrial growth from taxation: Maruti Suzuki India Chairman

A public sector firm is also handicapped by the entire environment, such as the limitation of being an instrument of state under the Constitution Maruti Suzuki India Chairman R.C. Bhargava

from The Hindu - Business

Baazar Style Retail May Launch IPO By September 2023, Starts Discussions For Investment Bankers

Baazar Style Retail IPO might comprise primary and secondary issues of shares

from Top Business News- News18.com

Explained | Why is there divergence in inflation across States?  

What are the local factors? How has it dented spending, particularly in rural India, which is facing more price pressures? 

from The Hindu - Business

Petrol, Diesel Prices Below Rs 100 In Delhi; Check Latest Rates In Delhi, Mumbai & Other Cities

Petrol price in Delhi is Rs 96.72 per litre, while diesel costs Rs 89.62 per litre in the national capital

from Top Business News- News18.com

Saturday 3 September 2022

RBI Digital Lending Rules: Lending Apps Cannot Store Data, Other Guidelines Issued; See Details

The new digital lending guidelines are effective immediately, and have to be implemented within November 30, the RBI has said in a statement.

from Top Business News- News18.com

Petrol Price Today in Delhi Below Rs 100; Check Petrol, Diesel Rates in Mumbai, Kolkata, Other Cities

Currently, the petrol price in Delhi is Rs. 96.72 per litre while the diesel in the capital costs Rs. 89.62 per litre.

from Top Business News- News18.com

U.S. begins antitrust review of Amazon’s takeover of vacuum maker iRobot

Amazon in August announced its all-cash deal of $61 per share to acquire iRobot, maker of the robotic vacuum cleaner Roomba

from The Hindu - Business

Bank Holidays in September 2022: Lenders to Remain Closed for 13 Days this Month; Full List

Bank Holiday Today, Many bank holidays are regional and may differ from state to state. Please check the bank holidays in your city before visiting the branch Bank Holidays in September 2022, List of days when banks will remain closed this week

from Top Business News- News18.com

Social media app Parler returns to Google's Play Store

Parler is being reinstated after it undertook a series of measures to moderate content on the platform, according to Google

from The Hindu - Business

India Becomes 5th Largest Economy in the World, Beats UK to Seal Spot; Know Details

India became the fifth biggest economy during the last three months of 2021, pushing the United Kingdom to the sixth spot, with the country grappling with a harsh shock of high cost of living.

from Top Business News- News18.com

Friday 2 September 2022

Noida Twin Towers Demolished; What Will Supertech do With the Land? Top Officer Explains

Supertech's comment came days after the 100-metre high Noida twin towers, constructed illegally, were demolished on Sunday.

from Top Business News- News18.com

Markets rebound in early trade

The BSE Sensex climbed 342.07 points to 59,108.66 in early trade

from The Hindu - Business

Rupee falls 14 paise to 79.70 against US dollar in early trade

At the interbank foreign exchange market, the rupee opened at 79.63 against the greenback

from The Hindu - Business

Markets May Remain Range-Bound, Says Shrikant Chouhan of Kotak Securities; Bets On Auto, Real Estate

Shrikant Chouhan, head of equity research (retail), Kotak Securities Ltd., in an exclusive interview with News18.com spoke about how the domestic markets are likely to perform in September. Read here

from Top Business News- News18.com

Stocks to Watch Today: Infosys, Hero Moto, Aurobindo Pharma, Eicher Motors, and Others

Stocks to watch today: Shares of firms like Infosys, Hero Moto, Aurobindo Pharma, Eicher Motors, and others will be in focus in Friday's trade

from Top Business News- News18.com

Starbucks names Laxman Narasimhan as next CEO

Indian-origin Laxman Narasimhan will join Starbucks on October 1 after relocating from London to Seattle, where Starbucks is based

from The Hindu - Business

Thursday 1 September 2022

PNB Hikes MCLR Rates by 5 bps Today: Home Loan, Car Loan EMIs to Increase? Know Here

The increase in PNB MCLR will mean that loan EMIs for the bank's existing and new customers are going to increase soon.

from Top Business News- News18.com

Netflix hires two top ad executives from Snap

Netflix confirmed it hired Snap's chief business officer, Jeremi Gorman, and Snap's vice president of ad sales, Peter Naylor

from The Hindu - Business

Petrol, Diesel Price Today Announced: Check Fuel Rates In Kolkata, Mumbai, Other Cities

According to data available on the website of the Indian Oil Corporation (IOC), petrol in Delhi currently costs Rs. 96.72 per litre while the cost of diesel is Rs. 89.62 per litre.

from Top Business News- News18.com

Rupee falls 14 paise in early trade

The Indian currency opened at 79.55 against the greenback, then fell further to 79.66.

from The Hindu - Business

Centre Hikes Windfall Profit Tax on Export of Diesel, ATF; Increases Tax on Crude Oil

The government recently has increased the windfall profit tax on the export of diesel to Rs 13.5 per litre and that on jet fuel exports to Rs 9 per litre.

from Top Business News- News18.com

Stocks to Watch Today: Tata Motors, SBI, Zee, Vodafone Idea and Others

Stocks to watch today: Shares of firms like Tata Motors, SBI, Zee, Vodafone Idea, Zomato, and others will be in focus in Thursday's trade

from Top Business News- News18.com

Centre hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

The levy on domestically-produced crude oil too has been increased by ₹300 per tonne to ₹13,300.

from The Hindu - Business