What is Rule 132 of Income Tax? Why Is It Important?

Rule 132 is introduced in the backdrop of disputes about whether cess or surcharge can be applied to income as a deduction or not.

from Top Business News- News18.com

Benchmark indices trade higher on firm global market trends

Markets in Seoul, Tokyo, and Hong Kong traded higher, while Shanghai quoted lower

from The Hindu - Business

Stock Market Update: Sensex Rises 500 pts At Open, Nifty Above 17,900; Key Points

Sensex Today: Indian equity markets on Monday amid strong global cues and steady foreign inflows had a gap-up opening on the cards.

from Top Business News- News18.com

More ways to lock into attractive rates now

One needs to look beyond the traditional FDs to earn better. And this is where government securities, treasury bills and State Development Loans auctioned by the RBI come into play

from The Hindu - Business

Stocks to Watch Today: Larsen & Toubro, Vodafone Idea, NTPC, Indian Oil, and Others

Stocks to watch today: Shares of firms like Larsen & Toubro, Vodafone Idea, NTPC, Indian Oil, and others will be in focus in Monday's trade

from Top Business News- News18.com

DCX Systems IPO Opens Today: GMP, Price, Financials, Should you Invest?

DCX Systems IPO: The three-day initial public offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, will open for public subscription today, October 31, 2022.

from Top Business News- News18.com

Adani group to invest $150 bn in pursuit of $1 trillion valuation

The group's market capitalisation was around $16 billion in 2015 and it is $260 billion in 2022 - a surge of over 16x in seven years

from The Hindu - Business

For first time, RBI's rate-setting panel to discuss inflation report this week

The central bank has called a special meeting of the Monetary Policy Committee (MPC) on November 3

from The Hindu - Business

Elon Musk said to begin laying off employees at Twitter: Report

Ahead of Elon Musk’s acquisition of Twitter, reports were circulating that he will cut headcount, with some reports saying 75% of the workforce at the company could be laid off

from The Hindu - Business

Musk Orders Job Cuts Across Twitter, 75% of Workforce May Be Laid Off: Report

The report said that some managers at Twitter were being asked to 'draw up lists of employees to cut'

from Top Business News- News18.com

Maruti Suzuki recalls 9,925 units 3 models to rectify possible defect in brake assembly

The affected vehicles are manufactured between August 3 and September 1, 2022.

from The Hindu - Business

Twitter | Old bird, new king

The takeover of the social app, which has been struggling for years to revive growth amid worries about the spread of fake news and hate speech on its platform, by the world’s richest man, a free speech absolutist, has raised both hopes and concerns about its future 

from The Hindu - Business

India To Become Global Economic Power With Collective Efforts, To Grow 10-Fold In 25 Years: Goyal

Piyush Goyal says a developing country can be taken to the level of a developed country with integrated economic growth and collective efforts

from Top Business News- News18.com

General Motors Temporarily Halts Paid Advertising on Twitter

General Motors Co said late on Friday it had temporarily halted paid advertising on Twitter after Elon Musk completed his takeover of the social media company.

from Top Business News- News18.com

India extends curbs on sugar exports by a year through October 2023

In May, India restricted exports through the end of this month to contain a rise in domestic prices following record exports

from The Hindu - Business

Crypto Exchange Binance, Musk's Co-Investor In $44-Billion Deal, To Help Twitter With Blockchain

Binance says it will brainstorm plans and strategies that could help Elon Musk run the platform

from Top Business News- News18.com

Infosys Interim Dividend For FY23: Akshata Murthy To Receive Rs 64.27 Crore; Details Here

Infosys declared an interim dividend of Rs 16.5 per share, payable on November 10, for investors on record as of October 28

from Top Business News- News18.com

Morning Digest | IndiGo plane grounded after engine catches fire at Delhi airport; Coimbatore car blast accused conducted reconnaissance of targets before attack, and more

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

from The Hindu - Business

Byju's To Take Rs 300-Crore Unsecured Loan From Subsidiary Aakash Educational Services; Details Here

The loan is being granted at an interest rate of 7.50 per cent per annum

from Top Business News- News18.com

Byju's To Take Rs 300-Crore Unsecured Loan From Subsidiary Aakash Educational Services; Details Here

The loan is being granted at an interest rate of 7.50 per cent per annum

from Top Business News- News18.com

Morning Digest | Modi discusses India-U.K. trade pact with Rishi Sunak; States should have a uniform policy on law and order, says Amit Shah; and more

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

from The Hindu - Business

Byju's To Take Rs 300-Crore Unsecured Loan From Subsidiary Aakash Educational Services; Details Here

The loan is being granted at an interest rate of 7.50 per cent per annum

from Top Business News- News18.com

India to Witness Highest Salary Hike in 2023; Pakistan, Sri Lanka Among Lowest in the World

At a time rising inflation is set to put a major dent in salary increases for the second year running in 2023, India is set to see the highest rise in real salaries in the world

from Top Business News- News18.com

Stock Market Update: Sensex Jumps 350 pts At Open, Nifty Above 17,750; Rupee Gains

Sensex Today: Domestic equities opened on a positive note on Thursday amidst mixed global cues.

from Top Business News- News18.com

Meta Shares Plummet as Profit Slides By More Than 50% Amid Losses in Metaverse Division

In the July-September quarter, losses at Reality Labs ballooned to a whopping $3.67 billion from $2.63 billion a year earlier. Revenue nearly halved.

from Top Business News- News18.com

Elon Musk visits Twitter headquarters ahead of takeover deadline

Hours earlier, he hinted at being the company's top boss after updating his profile's bio to "Chief Twit"

from The Hindu - Business

Stocks to Watch Today: Indus Towers, Tata Steel, Hero MotoCorp, Tech Mahindra, and Others

Stocks to watch today: Shares of firms like Indus Towers, Tata Steel, Hero MotoCorp, Tech Mahindra, and others will be in focus in Thursday's trade

from Top Business News- News18.com

Meta’s quarterly profit more than halved to $4.4 bn

The social networking giant also said revenue slipped to $27.7 billion from $29 billion a year earlier

from The Hindu - Business

Unilever U.S. recalls Dove, TRESemme aerosol dry shampoos over cancer risk

"The recalled products were distributed nationwide in the United States. Retailers have been notified to remove recalled products from shelves," said Unilever

from The Hindu - Business

DCX Systems IPO Opens on Monday: 10 Key Things to Know Before Subscribing

The initial public offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, will open for public subscription next week on Monday

from Top Business News- News18.com

Today’s Cache | A slowing PC market weighs down a tech titan

Microsoft’s popular software Windows make about a tenth of its revenue and a slowdown in the PC market could hurt its sales

from The Hindu - Business

Bhai Dooj 2022: Give your Loved Ones the Gift of Financial Security this Festive Season

Nothing defines festivities more than the joy of giving, or more precisely the joy of gifting

from Top Business News- News18.com

Elon Musk plans to close Twitter deal by October 28

The move is the clearest sign yet that Elon Musk plans to comply with a Delaware court judge's deadline to complete the transaction

from The Hindu - Business

Stock Market Holidays 2022: Is Stock Market Open Today? Check NSE, BSE, MCX Trading Timing

Stock Market Holiday: All trading activities across the nation will be closed today on the account of Diwali Balipratipada.

from Top Business News- News18.com

Morning Digest | Mallikarjun Kharge to officially take charge as Congress president today; UNSC members to pay tributes at Mumbai 26/11 memorial on Friday, and more

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

from The Hindu - Business

Markets trade higher in early trade amid firm global equities

In a special one-hour Muhurat trading session on October 24, the BSE benchmark jumped 524.51 points or 0.88% to end at 59,831.66

from The Hindu - Business

ICICI Bank Stock Surges, Hits Record High on Robust Q2 Results; What Should Investors Do?

ICICI Bank shares continued their northward journey with the stock hitting a fresh record high of Rs 942.7 apiece on the BSE in Tuesday's opening session

from Top Business News- News18.com

Petrol, Diesel Latest Prices Announced: Find out Fuel Rates Today In Mumbai, Delhi, Other Cities

According to the latest updates received today, a litre of petrol in New Delhi will cost the commoner Rs 96.72, while diesel will retail at Rs 89.62.

from Top Business News- News18.com

Is Today a Bank Holiday? Banks to Remain Closed in These States; Check Full List

Many banks will also be closed on the account of Diwali. Out of these 4 bank holidays this week, one will be national holiday while rest three will be state specific.

from Top Business News- News18.com

Rupee gains 26 paise to 82.62 against U.S. dollar

In the previous session on Friday, the rupee slipped 9 paise to close at 82.88 against the dollar.

from The Hindu - Business

Stock Market Update: Sensex Jumps 200 pts, Nifty Around 17,800; ICICI Bank Gains 2%

Sensex Today: Indian equity markets started Tuesday's trade on a dismal note amid weak foreign flows and rising crude prices.

from Top Business News- News18.com

Get the Gift of Good Health for Yourself and Your Family, this Diwali

Get a Comprehensive Health Insurance policy that would ensure access to quality healthcare in your time of need, and live worry-free while you enjoy every moment of this festival season.

from Top Business News- News18.com

Stocks to Watch Today: RIL, ICICI Bank, Yes Bank, DLF, Kotak Bank, SpiceJet, and Others

Stocks to watch today: Shares of firms like RIL, ICICI Bank, Yes Bank, DLF, Kotak Bank, SpiceJet, and others will be in focus in Friday's trade

from Top Business News- News18.com

China Q3 GDP Grows 3.9%, Tops Forecasts; Meaningful Rebound Elusive

Towards the end of Q3, domestic demand waned as a summer flare-up in coronavirus cases led to lockdowns and curbs while export growth slowed and the key property sector further cooled

from Top Business News- News18.com

Diwali Muhurat Trading 2022: Stock Market Timings Today, Share Recommendations For Investors

The customary one-hour special Diwali Muhurat Trading session will be conducted on the BSE and NSE between 6:15 pm and 7:15 pm today

from Top Business News- News18.com

Diwali Gifts: Know How Much Tax You Need To Pay On Them

Though the gifts you get are not considered your direct income, they attract taxes under Section 56(2) of the I-T Act unless they fall under the exempted category

from Top Business News- News18.com

After 10 years, sacked workers at Maruti’s Manesar plant seeks reinstatement

Of the 546 permanent Maruti workers sacked in the wake of 2012 violence at Manesar, 426 had no criminal charges against them 

from The Hindu - Business

Spoilt for choice!

A platform like Bima Sugam will quickly demonstrate the mind-boggling choice in insurance offerings. Too many options befuddle the customer

from The Hindu - Business

How InvITs work and generate their returns

Investors in an InvIT become part owners of its operating assets such as toll roads or power transmission lines, while in a stock IPO, they get to part-own the underlying business

from The Hindu - Business

Demonetisation behind the buoyancy in tax collections, says RBI MPC member

Demonetisation enhanced digitisation and formalization in the economy and reduced tax evasion, said Ashima Goyal

from The Hindu - Business

Eight of Top-10 Firms Add Rs 2 Lakh Crore in Market Valuation; Reliance Lead Gainer

Barring HDFC Bank and Bajaj Finance, rest eight firms in the top-10 pack witness addition in their market valuation

from Top Business News- News18.com

Explained | When does RBI step in to monitor a bank?

Why has the Reserve Bank of India increased its oversight on Dhanlaxmi Bank? What are the reasons for the Thrissur-based private bank’s assets to be under stress? According to Basel-III norms, what is the capital to risk ratio a bank is required to maintain? What lies ahead?

from The Hindu - Business

Explained | Why users need to wait for 5G implementation

When will customers be able to avail of the high speed internet service? Will they need a new handset?

from The Hindu - Business

HAL gets enquiries for helicopters from various countries: CMD

On track to begin deliveries of LCA-Mk1A to IAF by February 2024

from The Hindu - Business

Deepavali break reflects a new approach to workforce management

Following the pandemic, organisations have scaled new heights of empathy in their engagement with employees

from The Hindu - Business

Sebi Bars Bombay Dyeing, Ness Wadia, Others from Securities Market for Up to 2 Yrs; Imposes Fines of Rs 15.75 Cr

Others banned and penalised by Sebi are Scal Services, a Wadia Group company, its then directors D S Gagrat, N H Datanwala Shailesh Karnik, R Chandrasekharan, and Durgesh Mehta, who was joint MD and CFO of Bombay Dyeing

from Top Business News- News18.com

India's Forex Reserves Decline To Multi-Year Low of $528.37 Billion; Check Why

India's forex reserves drop $4.50 billion to multi-year low of $528.37 billion for the week ended October 14

from Top Business News- News18.com

Diwali Bonus: This Is How You Can Use Your Extra Money For Financial Future

While most will use part of bonus proceeds for shopping and other festive indulgences, the surpluses left can be used for improving one's financial health

from Top Business News- News18.com

Morning Digest | Supreme Court orders immediate action against hate speech, Pakistan is out of FATF ‘grey list’ on terror funding, and more

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

from The Hindu - Business

Dhanteras 2022: Date, Time, Puja Muhurat, Auspicious Timings To Buy Gold In Your City

The beginning of Trayodashi Tithi is set for October 22 at 6:02 pm, and it will end on October 23 at 6:03 pm

from Top Business News- News18.com

A crisis is brewing in the coffee industry

Coffee cultivation is becoming an increasingly loss-making proposition in India. Already weighed down by the high cost of inputs and production as well as labour shortage, the industry is now also affected by changes in climate patterns, reports Mini Tejaswi from Karnataka’s coffee heartland

from The Hindu - Business

Reliance Industries Ltd to demerge financial services unit, to list it as Jio Financial Services

JFSL would be listed on the Indian stock exchanges. RSIL is currently a wholly-owned subsidiary of RIL and is a RBI-registered non-Deposit taking Systemically Important (ND-SI) Non-Banking Financial Company.

from The Hindu - Business

Rupee falls 12 paise to 82.91 against U.S. dollar

On Thursday, the rupee rebounded from its lifetime low to close 21 paise higher at 82.79 against the U.S. dollar.

from The Hindu - Business

Small Indian lenders said to be in talks with Russia to finalise trade mechanism

Banks are discussing the currency pair for the payment mechanism and the options include the Indian rupee paired with the Russian rouble or Saudi Arabia's riyal

from The Hindu - Business

Stock Market Update: Sensex Gains 200 pts, Nifty Above 17,600 on Last Trading Day of Samvat 2078

Sensex Today: Domestic equity markets opened on a quiet note amid sombre mood overseas, higher yields, and firm crude oil prices.

from Top Business News- News18.com

Infosys Permits Employees to Take Up External Gig Projects; Know Details

Amid debates over moonlighting, India's second-largest IT firm Infosys has allowed its employees to take up job opportunities outside the company with the prior consent

from Top Business News- News18.com

Competition Commission slaps ₹1,338-crore penalty on Google for unfair practices

The fair trade regulator has directed Google to cease and desist from unfair business practices

from The Hindu - Business

India on 'Wait & Watch' Mode; Trade Pact Talks on Track, New Delhi Says After Liz Truss' Resignation

Commerce and industry minister Piyush Goyal asserted that there is "no deal unless both are satisfied," and said the FTAs with UK, Canada and EU are well on track

from Top Business News- News18.com

Rupee hits record low of 83.06 against U.S. dollar

A sell-off in domestic equities and risk-averse sentiments weighed on the local unit, traders said

from The Hindu - Business

Microsoft Acquires 25-acre Land in Pune to Set up Hyper-Scale Data Centre

The plot in Pune’s Pimpri-Waghere neighbourhood has been purchased for close to Rs 329 crore.

from Top Business News- News18.com

Maharashtra RERA Asks Buyers of Delayed Mumbai Project to Not Withdraw Till Completion

The regulatory body's decision comes after close to three dozen homebuyers raised a complaint against the developer- Vijay Group- who began this project in 2015.

from Top Business News- News18.com

"Excited" By Twitter Deal Despite Overpaying, Says Elon Musk

The world's richest person is pursuing the Twitter purchase after earlier trying to back out of the $44 billion deal.

from Top Business News- News18.com

With China Running on Fumes, Time for India to Go Full Steam Ahead, Say Experts

A Chinese slowdown that is expected to continue with Xi Jinping’s increased emphasis on the ‘zero Covid policy’, combined with the chances of recession in Europe and America means good things for India

from Top Business News- News18.com

Tracxn Technologies IPO Listing on BSE, NSE Today: Time, Listing Price, Share Price

Tracxn Technologies IPO Listing Today: Private market intelligence platform Tracxn Technologies will debut in the market on October 20.

from Top Business News- News18.com

Stocks to Watch Today: Tracxn Technologies, ITC, Axis Bank, Delhivery, and Others

Stocks to watch today: Shares of firms like Tracxn Technologies, ITC, Axis Bank, Delhivery, and others will be in focus in Thursday's trade

from Top Business News- News18.com

Watch | Business Matters | The gas that Europe has but may not use

A video explainning whether oil or gas exploration cause earthquakes and why are people in India talking about gas in the Netherlands

from The Hindu - Business

Govt Should Have Moderate Disinvestment Targets, More Focus Should Be On Privatising: DIPAM Secy

High targets lead to a perception that the government will sell minority stakes in public sector undertaking, says DIPAM Secretary Tuhin Kanta Pandey

from Top Business News- News18.com

Rupee gains 6 paise to 82.34 against U.S. dollar

At the interbank foreign exchange, the rupee opened strong at 82.32 against the dollar, then lost some ground to quote at 82.34, a gain of 6 paise over its previous close.

from The Hindu - Business

Petrol and Diesel Prices Today: Check Fuel Rates in Delhi, Mumbai And Other Cities on October 19

The price of petrol and diesel per litre is Rs 96.72 and Rs 89.62, respectively in Delhi on October 19.

from Top Business News- News18.com

Microsoft Lays Off Nearly 1,000 Employees Across Multiple Divisions: Report

Tech giant Microsoft has laid off nearly 1,000 employees across multiple divisions of the company, media reports said.

from Top Business News- News18.com

Stocks to Watch Today: Nestle, Adani Enterprises, Tech Mahindra, ITC, and Others

Stocks to watch today: Shares of firms like Nestle, Adani Enterprises, Tech Mahindra, ITC, and others will be in focus in Wednesday's trade

from Top Business News- News18.com

Customer sentiments up despite market uncertainties: L&T Technologies

from The Hindu - Business

'Take Care of My Daughter. She is Unwell,' Pilot of Chopper That Crashed in Uttarakhand Told His Wife

The pilot was living in a posh housing society in the Andheri suburb of the metropolis and is survived by his wife Shireen Anandita and daughter Firoza Singh

from Top Business News- News18.com

Data Point | After two years, people are actually “celebrating” a festival season

The Data Point is a bi-weekly newsletter in which The Hindu’s Data team decodes the numbers behind today’s biggest stories.  

from The Hindu - Business

Stock Market Updates: Sensex Gains 400 pts At Open, Nifty Above 17,400; Key Points

Sensex Today: Strong global cues, falling crude prices, and healthy domestic flows buoyed domestic equity markets in the northward direction on Tuesday.

from Top Business News- News18.com

Tata AIA Launches Vitality Wellness Programme In India

Tata AIA Life Insurance Company, a joint venture between Tata Sons and AIA Group Ltd, has announced a major expansion to its life insurance solutions

from Top Business News- News18.com

Know How Transfer Shares From One Demat Account to Another

Now, if you change your broker or transfer shares from one demat account to another, you can do so through both offline and online methods.

from Top Business News- News18.com

Gujarat Cuts VAT On CNG, Piped Cooking Gas Prices By 10% Ahead Of Polls

Ahead of Diwali, the Gujarat government on Monday announced a reduction in VAT (Value Added Tax) on CNG and PNG by 10 per cent

from Top Business News- News18.com

Morning Digest | Sri Lanka’s Shehan Karunatilaka wins 2022 Booker Prize; Justice Chandrachud appointed 50th CJI, and more

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

from The Hindu - Business

Stocks to Watch Today: Tata Coffee, ACC, ICICI Lombard, ZEEL, and Others

Stocks to watch today: Shares of firms like Tata Coffee, ACC, ICICI Lombard, ZEEL, and others will be in focus in Tuesday's trade

from Top Business News- News18.com

UP Govt Hikes DA of Its Employees to 38 Pc from Jul 1, 2022

the UP government increased dearness allowance and dearness relief of its employees and pensioners from 34 per cent at present to 38 per cent with effect from Jul 1

from Top Business News- News18.com

Bitcoin Slips 2% Last Week, Remains Rangebound At $18,500-$19,500; Check Why It's Under Pressure

Bitcoin witnessed selloff to $18,300 levels after US inflation rose more than expected in September

from Top Business News- News18.com

Electronics Mart India Listing: Shares Rise 52.5% on Debut; Should You Buy, Sell or Hold?

Electronics Mart India Share Price on NSE, BSE: The maiden public issue of Electronics Mart India was subscribed 71.93 times during October 4-7. Know if you should buy, hold or sell shares.

from Top Business News- News18.com

Goldman to combine investment banking and trading businesses - WSJ

The report said that Goldman will combine its investment banking and trading businesses into one unit, while merging asset and wealth management into another

from The Hindu - Business

Big private projects give investment boost in Q2

Overall investment plans rise 36.6% to ₹13.2 lakh so far in 2022-23, but implementation rate drops sharply: Projects Today survey 

from The Hindu - Business

The bigger picture of intermediation, financial crises

This year’s economics Nobel offers a deeper understanding of the genesis, the propagation, and the management of financial crises

from The Hindu - Business

PM to Launch Urea Bags Under 'Bharat' Brand, Release 12th Tranche of PM-KISAN Funds on Monday

The PM will also unveil an international weekly fertiliser e-magazine called 'Indian Edge' and inaugurate an agri-startup conclave

from Top Business News- News18.com

Green investments

You could explore ESG investments as part of legacy portfolio. You would have then achieved twofold goal — contribution to protect the environment as well as creating wealth for family

from The Hindu - Business

PM Modi dedicates 75 Digital Banking Units across 75 districts

Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das also attended the launching ceremony via virtual mode.

from The Hindu - Business

World Bank offers to take India’s digitisation to rest of the world, says FM Nirmala Sitharaman

The Finance Minister said India looks forward to close collaboration with the World Bank during the upcoming G20 Presidency

from The Hindu - Business

Fundamentals of economy is good; rupee is holding its ground, says Nirmala Sitharaman

Inflation is low compared to other parts of the world, says the Union Finance Minister

from The Hindu - Business

FPIs withdraw ₹7,500 crore from Indian equities in October on rate hike concerns

Total outflow by foreign portfolio investors (FPIs) has reached to ₹1.76 lakh crore so far in 2022

from The Hindu - Business

Explained | What triggered the U.K.’s economic crisis?

Why did the new Prime Minister’s policies on tax cuts for the highest earners turn out to be controversial and lead to a free fall in the economy? Is the Conservative party planning to oust her and replace her with the Sunak-Mordaunt duo? What lies ahead?

from The Hindu - Business

Rupee Crashes to All-time Low Against USD, FM Sitharaman Says Indian Currency Performed Much Better

Meanwhile, State Bank of India Chairman Dinesh Khara said the Indian rupee has weakened essentially due to the strengthening of the dollar index but it is holding well as compared to currencies of other emerging market economies

from Top Business News- News18.com

Explained | Why did bank bailout research get the Nobel?

How have the three economists’ insights improved the financial system’s ability to avoid serious crises and bank ‘runs’? Why is their work being rewarded now, almost four decades after it was published? What lessons has India learned from their analysis?

from The Hindu - Business

Titan eyes ₹1000 crore from women’s bags segment

Unveils IRTH, a new lifestyle category for ladies’ handbags

from The Hindu - Business

Exports Rise 4.82% to $35.45 Billion in September; Trade Deficit Widens to $25.71 Billion

India's exports recorded a growth of $16.96 billion to $231.88 billion during April-September 2022

from Top Business News- News18.com

Sitharaman meets E.U. commissioner of economy, discusses global economic situation

During their meeting on October 14, the two leaders also discussed furthering India-EU collaboration during India’s Presidency of the G-20 in 2023

from The Hindu - Business

Govt Permits Exports of Wheat Flour Under Advance Authorisation Scheme

Export-oriented units and those operating from special economic zones can export only that wheat flour which is produced from imported wheat and not procured from the domestic market

from Top Business News- News18.com

India Unlikely to Be Hit as Hard by Global Recession as Other Countries: SBI Chairman

With a projected growth rate of 6.8 per cent and inflation "much under control", India is doing reasonably well

from Top Business News- News18.com

Morning Digest | SC to hear Maharashtra govt’s appeal against Prof. Saibaba acquittal today, India ranks 107 out of 121 countries on Global Hunger Index; and more

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

from The Hindu - Business

India unlikely to be hit as hard by global recession as other countries: SBI chairman

With a projected growth rate of 6.8% and inflation "much under control", India is doing reasonably well State Bank of India Chairman Dinesh Khara said

from The Hindu - Business

Data | Indian manufacturers on recovery path, yet urban consumers lack confidence

Manufacturing, service and infrastructure sectors are on the recovery path, but consumer confidence about the economy is yet to reach pre-COVID levels

from The Hindu - Business

Markets rebound sharply amid heavy buying in IT stocks, firm global trends

In Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading higher in mid-session deals.

from The Hindu - Business

Rupee falls 5 paise to 82.29 against U.S. dollar

On October 13, 2022, the rupee had settled at 82.24 against the greenback.

from The Hindu - Business

Singapore Airlines Pursues Air India Stake to Expand Market Presence

Singapore Airlines Ltd (SIA) said on Thursday it was in talks with India's Tata Group about a potential merger of Vistara, their joint venture airline, with Air India to give the Singaporean carrier a bigger foothold in South Asia.

from Top Business News- News18.com

Sitharaman briefs G20 FMs on its 2023 presidency agenda

Union Finance Minister Nirmala Sitharaman called for collective responsibility of G20 countries to prevent global economic risks from aggravating

from The Hindu - Business

Stock Market Updates: Sensex Surges 1,000 pts at Open, Nifty Above 17,300; Key Points

Sensex Today: Indian equity markets had a gap-up start amid strong global cues and falling crude oil prices on Friday.

from Top Business News- News18.com

Elon Musk is Under Federal Investigation, Twitter Says in Court Filing

In June, the SEC asked Musk in a letter whether he should have amended his public filing to reflect his intention to suspend or abandon the deal.

from Top Business News- News18.com

Stocks to Watch Today: Infosys, Mindtree, Shree Cement, Bajaj Auto, and Others

Stocks to watch today: Shares of firms like Infosys, Mindtree, Shree Cement, Bajaj Auto, and others will be in focus in Friday's trade

from Top Business News- News18.com

India should choose fiscal, monetary policy carefully to support ‘bright spot’ growth forecast: IMF

With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for India was “still a bright spot”, said an IMF official

from The Hindu - Business

Budget 2023 To Address Twin Problems Of High Inflation, Slowing Growth: Nirmala Sitharaman

India's retail inflation accelerated to 7.41 per cent in September, while IIP witnessed a fall of 0.8 per cent in August, as per latest data

from Top Business News- News18.com

Sensex Drops 200 pts, Nifty Below 17,100; Wipro Tumbles 5% Post Q2 Results

Sensex Today: Domestic equity markets opened lower on Thursday amid weak global cues and subdued foreign flows.

from Top Business News- News18.com

IT Major Infosys to Post Q2 Earnings Today; Demand Outlook, Share Buyback in Focus

Infosys will be in focus on Thursday ahead of its Q2 results. The IT major will also announce a buyback plan and interim dividend for FY23 today.

from Top Business News- News18.com

Morning Digest | SC to deliver verdict on Hijab ban today; India abstains from voting in UNGA draft resolution on illegal annexation of Ukrainian regions, and more

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

from The Hindu - Business

India facing ‘cacophony of factors’ that may shake sovereign-credit metrics: S&P

S&P said a deeper global economic slowdown than currently anticipated could have an adverse impact on India's economic performance in fiscals 2023 and 2024

from The Hindu - Business

Stocks to Watch Today: Wipro, HCL Technologies, Infosys, BPCL, Tata Power, IOC, and Others

Stocks to watch today: Shares of firms like Wipro, HCL Technologies, Infosys, BPCL, Tata Power, IOC, Hindustan Zinc, and others will be in focus in Thursday's trade

from Top Business News- News18.com

Inflation accelerates to 7.41%, highest since April

September food inflation quickens sharply to 8.41%, the steepest level in 22 months; economists warn that the negative surprise could spur more rate increases from the Reserve Bank of India

from The Hindu - Business

Indian exporters can ship sugar to U.S. under TRQ by December 31

TRQ is a quota for a volume of exports that enters the U.S. at relatively low tariffs

from The Hindu - Business

Rupee falls 14 paise to 82.35 against U.S. dollar in early trade

Risk aversion sentiment among investors and weak Asian and emerging market currencies weighed on the rupee

from The Hindu - Business

India in talks with different countries to make Rupay acceptable in their nations: FM Sitharaman

Nirmala Sitharaman said in response to a question from an Indian student at the University of Maryland, who wanted to have the UPI in the United States as well

from The Hindu - Business

Infosys President Ravi Kumar S Resigns

The company did not give any reason for the move which comes just days ahead of its second-quarter earnings announcement

from Top Business News- News18.com

Stock Market Update: Sensex Gains 100 pts at Open, Nifty Above 17,000; Key Points

Sensex Today: The domestic equity markets on Wednesday opened firmly amid mixed global cues and falling crude oil prices.

from Top Business News- News18.com

Ravi Kumar resigns as president of Infosys

Based in New York, Mr. Kumar led multiple service lines and specialised digital sales across consulting, technology, infrastructure, engineering and process verticals for the tech firm

from The Hindu - Business

Shriram Properties eyes 35% growth in Chennai realty market

The firm is also contemplating developing a shopping mall measuring 7 lakh sq. ft. near Chennai

from The Hindu - Business

Gold Prices Fall Sharply: Check Yellow Metal Rates Today in Delhi, Mumbai and Other Cities

On MCX India, gold futures traded at Rs 50,811, recording a dip of 0.42 per cent at 10:30 AM.

from Top Business News- News18.com

Petrol, Diesel Price On October 11: Check Fuel Rates Today In Mumbai, Delhi And Other Major Cities

Petrol prices have surpassed the Rs 100 per litre mark in Kolkata, Mumbai, Chennai, Bhopal and Hyderabad.

from Top Business News- News18.com

Rupee slips 1 paisa to 82.41 against U.S. dollar in early trade

At the interbank foreign exchange, the domestic unit opened at 82.35 against the dollar

from The Hindu - Business

Markets fall in early trade on weak global trends

The 30-share BSE benchmark declined 220.86 points to 57,770.25

from The Hindu - Business

India Cements sells Springway Mining stake to JSW Cement for ₹476.87 crore

Springway owns limestone-bearing land at Panna District and was in the process of setting up of a 3-million tonne integrated cement plant at Gaisabad Tehsil, Damoh district in Madhya Pradesh

from The Hindu - Business

Tracxn Technologies IPO Opens Today: Price, Financials, GMP, Should you Invest?

Tracxn Technologies IPO Day 1: The initial public offering (IPO) of Flipkart founders-backed Tracxn Technologies Limited will be launching its Initial Public Offer today

from Top Business News- News18.com

Markets fall in early trade amid weak global cues

Among the 30-share Sensex pack, Asian Paints, HDFC, HDFC Bank, Tata Steel, Nestle and Hindustan Unilever were the biggest laggards

from The Hindu - Business

TCS Q2 Results Today: 5 Key Things To Watch Out For

Yes Securities said the management commentary on outlook on growth environment would be key thing to watch out for

from Top Business News- News18.com

Rupee falls 39 paise to fresh all-time low of 82.69 against U.S. dollar in early trade

At the interbank foreign exchange, the rupee opened at 82.68 against the greenback, then slipped further to 82.69, registering a fall of 39 paise over its previous close

from The Hindu - Business

Stock Market Updates: Sensex Plunges 700 pts, Nifty Around 17,100; IDBI Bank Surges 10%

Sensex Today: The domestic equity markets amid weak global cues and rising crude oil prices opened on a tepid note.

from Top Business News- News18.com

India, Taiwan should consider finalising FTA as soon as possible: Taiwanese Envoy

Taiwanese Envoy said Taiwan has been actively pursuing FTA with like-minded trading partners including India and reaffirmed Taipei's focus on supporting the rules-based international order

from The Hindu - Business

Explained | Why did the U.S. SEC charge Kim Kardashian for ‘touting’ cryptocurrency?

The socialite had not disclosed that she received $250,000 for promoting the crypto token EthereumMax- mandatory as per federal securities laws

from The Hindu - Business

Government to kick off FY24 Budget making exercise on October 10

The Budget Estimates for 2023-24, will be provisionally finalised after completion of pre-Budget meetings.

from The Hindu - Business

BIMA Sugam Gets IRDAI's Nod – Here’s How This New Insurance Marketplace Will Work

Sugam will serve as a one-stop destination for all insurance needs, from policy purchase to claim settlement and everything in between

from Top Business News- News18.com

PPF Interest Rate for October-December 2022 Quarter Remains Unchanged; Check Details

PPF interest rate is reviewed by the government every quarter in a financial year

from Top Business News- News18.com

Is Hallmarking Mandatory For Silver Jewellery, Coins?

The government made the hallmarking of gold jewellery mandatory in mid-June last year

from Top Business News- News18.com

World Is In the midst of Fifth Wave of Debt Crisis: World Bank President

Around $44 billion in debt service payments from bilateral and private debt service have become due in some of the poorest countries in 2022 alone

from Top Business News- News18.com

IDBI Bank Disinvestment: Govt Invites Expressions of Interest for Stake Sale; Check Details

The government and state-owned LIC together own nearly 94 per cent stake in IDBI Bank

from Top Business News- News18.com

Morning Digest | India objects to U.S. envoy’s PoK visit; EC seeks Uddhav’s response on Shiv Sena symbol dispute, and more

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

from The Hindu - Business

CNG, PNG Prices Hiked by Rs 3 Per Kg Each; Check Latest Rates in Delhi, Noida, Other Cities

CNG prices in Delhi now stand at Rs 78.61 per kg, compared with Rs 75.61 per kg earlier

from Top Business News- News18.com

CNG, piped cooking gas prices hiked by ₹3

The ₹3 per kg increase in CNG price is the first hike in rates in over four months

from The Hindu - Business

Unions oppose new appraisal system for insurance employees

They said imposition of the KPI is severely affecting the health of the industry, the employees, agents, surveyors and the customers

from The Hindu - Business

Stocks to Watch Today: Adani Group, HDFC Bank, NTPC, Nykaa, Titan, and Others

Stocks to watch today: Shares of firms like Adani Group, HDFC Bank, NTPC, Nykaa, Titan, and others will be in focus in Friday's trade

from Top Business News- News18.com

IMF warns of higher recession risk and darker global outlook

The International Monetary Fund is once again lowering its projections for global economic growth in 2023

from The Hindu - Business

Akasa Air to allow passengers to bring pets onboard

Second airline in India after Air India to permit pets

from The Hindu - Business

Judge delays Twitter trial, gives Musk time to seal buyout

A judge suspended litigation on Elon Musk‘s proposed $44 billion acquisition of Twitter, giving the parties until October 28 to close the deal

from The Hindu - Business

Cough syrups exported only to the Gambia, finds drug regulator’s probe

Distributors’ organisation says medicines that caused deaths in the Gambia unavailable in India, assures Central Drugs Standard Control Organisation that they will be pulled out if found; WHO suspects they may have been distributed elsewhere through informal markets

from The Hindu - Business

WTO Sees Sharp Slowdown In Global Trade Volume Growth in 2023; Here's Why

WTO says there is a high degree of uncertainty associated with the forecast due to shifting monetary policy in advanced economies and uncertain Russia-Ukraine war

from Top Business News- News18.com

SpiceJet Shares Rally Nearly 9% on Report Of 1,000-Crore Additional Government Loan

SpiceJet Ltd shares jumped about 9 per cent to Rs 42 apiece on the BSE in Thursday's opening deals

from Top Business News- News18.com

Rupee falls 4 paise to 81.66 against U.S. dollar in early trade

At the interbank foreign exchange, the rupee opened on a strong note at 81.52 against the greenback

from The Hindu - Business

DLF Sells 292 Luxury Homes in New Project at Gurugram for Over Rs 1,800 Crore

Realty major DLF has sold all 292 luxury homes in Gurugram for over Rs 1,800 crore within few days of the launch of the project

from Top Business News- News18.com

Stocks to Watch Today: Tata Steel, HDFC Bank, Jubilant FoodWorks, HCL Tech, and Others

Stocks to watch today: Shares of firms like Tata Steel, HDFC Bank, Jubilant FoodWorks, HCL Tech, and others will be in focus in Thursday's trade

from Top Business News- News18.com

Software update causes glitch on EPFO website, Finance Ministry issues clarification

EPF members are unable to view interest credits due to a software upgrade implemented by the Employees’ Provident Fund Organisation (EPFO)

from The Hindu - Business

Indian Companies' Credit Quality Strengthens in H1FY23; Three Times More Upgrades Than Downgrades

Real estate, textiles, financials, engineering, construction and roads sectors constituted the upgrade leaderboard for H1 FY2023, as per ICRA report

from Top Business News- News18.com

IPO-bound OYO valuation dips in private market after reported markdown by investor SoftBank

There are reports that OYO’s largest investor SoftBank has cut the valuation of the hospitality platform by 20% to $2.7 billion in its books

from The Hindu - Business

Indian Not Included In JPMorgan's Bonds Index, Remains On Radar For Inclusion: Report

India is a large, deep and high-yielding market, will help to diversify as well as boost the average yield of the overall index

from Top Business News- News18.com

Jio announced Beta trial of 5G service in 4 cities

“India is leading the Digital revolution. Jio 5G will be the world’s most advanced 5G network, built for every Indian, by Indians.”

from The Hindu - Business

86% CEOs Globally Anticipate Recession Over Next Year: KPMG Survey

A strong majority of senior executives believe that a recession will disrupt anticipated growth, as per KPMG 2022 CEO Outlook

from Top Business News- News18.com

Zee-Sony Merger Gets CCI Nod with Modifications; Know Details

Zee-Sony Merger: The Competition Commission of India (CCI) on Tuesday approved the mega-merger deal between media groups Sony and Zee

from Top Business News- News18.com

Twitter Confirms Elon Musk Buyout Offer, Says Will Close Deal at $54.20 per Share

Elon Musk on Tuesday offered to push through with his buyout of Twitter at the original agreed price

from Top Business News- News18.com

Stock Market Holidays 2022: Is Stock Market Open Today? Check NSE, BSE, MCX Trading Timing

Markets will remain closed on Wednesday on account of Dussehra festival celebrations across the country. On October 5

from Top Business News- News18.com

Petrol Price Today: Fuel Rates Below Rs 100 in These Cities on October 4

According to the most recent price announcement issued by fuel merchants, the price of petrol in Delhi on Tuesday remains at Rs 96.72 per litre, while diesel costs Rs 89.62 per litre.

from Top Business News- News18.com

Rupee gains 31 paise to 81.51 against U.S. dollar in early trade

The local currency opened sharply up at 81.66 against the dollar, then gained further ground to 81.51, showing a gain of 31 paise over its previous close

from The Hindu - Business

Sanmina and Reliance Industries Complete Manufacturing JV Transaction in India

Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries (RIL), announced they have completed the previously announced joint venture transaction

from Top Business News- News18.com

Stock Market Update: Sensex Sprints 1,000 pts, Nifty Nears 17,200; Adani Green Rallies 6%

Sensex Today: The benchmark Sensex and Nifty indices opened firmly on Tuesday morning in tandem with global peers.

from Top Business News- News18.com

Morning Digest | Government likely to lift AFSPA in four States; exports drop 3.5% in September, and more

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

from The Hindu - Business

CNG, PNG Get Costlier in Mumbai as Mahanagar Gas Increases Prices; Check New Rates Here

CNG, Piped Cooking Gas in Mumbai Gets Costlier: Mahanagar Gas has recently increased the retail price of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai

from Top Business News- News18.com

Stocks to Watch Today: South Indian Bank, HDFC, Vedanta, Avenue Supermarts, and Others

Stocks to watch today: Shares of firms like South Indian Bank, HDFC, Vedanta, Avenue Supermarts, and others will be in focus in Tuesday's trade

from Top Business News- News18.com

Interest Rates On Loans To Increase Further As RBI Expected To Hike Rate Again In December; Details

The RBI on Friday increased the repo rate by 50 basis points to 5.9 per cent, the fourth-time increase in a row

from Top Business News- News18.com

S&P Global India Manufacturing PMI eases to 55.1 from 56.2 in August

There is slight uptick in jobs while input cost pressures ease to two-year low

from The Hindu - Business

Markets fall in early trade on weak global trends

Elsewhere in Asia, markets in Shanghai and Hong Kong were quoting lower, while Tokyo traded higher.

from The Hindu - Business

Rupee falls 38 paise to 81.78 against U.S. dollar

The rupee settled 33 paise higher at 81.40 against the dollar on Friday.

from The Hindu - Business

Market This Week: Macro Data, FIIs, Auto Sales Data, and Other Factors to Watch Out For

Market This Week: The coming week is going to be crucial as, on the economic front, market participants will be eyeing the S&P Global Manufacturing, which will be released on October 3.

from Top Business News- News18.com

Atlas Ramachandran, Industrialist and Filmmaker, Passes Away At 80

NRI businessman and filmmaker Atlas Ramachandran passed away on Sunday at the age of 80

from Top Business News- News18.com

Ask us: on investments

from The Hindu - Business

Rationale behind raising interest rates

A critical facet of the consequences of an interest rate increase is the correction of asset prices. Interest rates act as gravity to stock market prices

from The Hindu - Business

Ahead of trade deal, U.K. firms urge India to unravel ‘frustrating’ red tape

Fixing legal, tax and regulatory complexities is as critical to boost economic ties as the trade pact, says U.K. India Business Council

from The Hindu - Business

India makes strong pitch to major U.S. firms for investing in oil and gas production

India, also being the 2nd largest refiner in Asia with 23 refineries, will increase its refining capacity.

from The Hindu - Business

Goverment issues draft guidelines for listing of RRBs; minimum net worth of ₹300 crore required

The regional rural banks should also have capital adequacy above the regulatory minimum level of 9% in each of the preceding three years.

from The Hindu - Business

Petrol, diesel sales jump in September as festival season nears

Petrol sales soared 13.2% to 2.65 million tonnes in September when compared to 2.34 million tonnes of consumption in the same month last year

from The Hindu - Business

Petrol, Diesel Prices Today: Check Fuel Rates in Delhi, Mumbai And Other Cities

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

from Top Business News- News18.com

Applying For A Home Loan? Check The Steps And Documents Required

Once the loan is completely repaid at the end of the tenure, the borrower gets complete ownership of the property

from Top Business News- News18.com

Government defers plan to impose excise duty on unblended petrol and diesel

The levy will now be implemented from November 1 for petrol and April 1, 2023 for diesel

from The Hindu - Business

ATF price cut 4.5%, commercial LPG rates down ₹25.5

This is the sixth reduction in price of commercial LPG since June, in step with softening international energy prices

from The Hindu - Business

These Banks Have Raised Benchmark Lending Interest Rates; What It Means For Borrowers, Lenders?

HDFC, Bank of Baroda, PNB, Union Bank, RBL, IndusInd Bank and RBL Bank have raised their benchmark lending interest rates

from Top Business News- News18.com

Indian Railways’ new timetable to come into force today

It would be available on the Indian Railways’ official website, and also as an ‘e-Book’, said the Ministry

from The Hindu - Business

Govt Extends Deadline for Filing Tax Audit Report Till October 7

The move comes after taxpayers and other stakeholders faced difficulties in filing various reports of audit for the Assessment Year 2022-23

from Top Business News- News18.com

Commercial LPG Cylinder Price Raised by Rs 25.5 in Delhi; CNG, Piped Cooking Gas Rates Hiked by 40%

With the rate cut, a 19-kg commercial LPG cylinder will cost Rs 1,859 in Delhi, instead of Rs 1,885; CNG, piped cooking gas cost will increase due to hike in natural gas

from Top Business News- News18.com

Centre looks to revamp National Informatics Centre, its tech arm

The government has issued a Request for Proposal (RFP) for selection of a consultant for NIC’s organizational restructuring.

from The Hindu - Business