Tuesday 28 February 2023

What Is Pre-EMI Interest In Home Loan?

The pre-EMI payments are typically lower than the regular EMI payments, which include both the interest and principal components of the loan.

from Top Business News- News18.com

Turkey Earthquake: Lessons For India's Real Estate Industry According To Experts

Real estate industry experts have underlined key takeaways and learnings for the industry in India.

from Top Business News- News18.com

Elon Musk reclaims title of the world’s richest person again

Mr. Musk’s net wealth was briefly surpassed by France’s luxury brand Louis Vuitton’s owner Bernard Arnault last December

from | The Hindu

Rupee rises 11 paise to 82.68 against U.S. dollar

Forex traders said sustained foreign fund outflows weighed on the local unit and restricted the appreciation bias.

from | The Hindu

Elon Musk is World's Richest Person Once Again As Tesla Shares Rise Over 70% in 2023

Tesla's Elon Musk is back on top of Bloomberg's list of wealthiest people in the world after Tesla shares saw a spike of over 70 per cent in 2023.

from Top Business News- News18.com

Monday 27 February 2023

Dr. Reddy’s acquiring Mayne Pharma’s U.S. generic portfolio for $90 million

The portfolio includes 45 commercial-, four pipeline- and 40 approved non-marketed products, including generics focused on women’s health, part of the basket that fetched $111 million revenue for the Australian firm in June 2022.

from | The Hindu

What You Should Know About Including Parents In Corporate Health Policy

Individual health policies might exclude pre-existing illnesses or have a waiting period before treatment is covered

from Top Business News- News18.com

Rupee falls 19 paise to 82.94 against U.S. dollar

Forex traders said the Indian rupee depreciated on weak domestic markets and a positive greenback.

from | The Hindu

Stock Market Updates: Sensex Down Over 250 pts, Nifty Around 17,400; Paytm Up 4%, Adani Transmission Falls 3%

Markets Live: Indian indices opened on a negative note on February 27 with Nifty around 17,400

from Top Business News- News18.com

India wants energy transition on its own terms — without phasing out coal and with more grants

Simultaneously beefing up both coal and renewables points to a messy energy transition for India, including the risk of job losses if some coal mines are abandoned.

from | The Hindu

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

The Indian markets will mainly be influenced by factors such as macroeconomic data, February auto sales numbers, along with global cues in the next week

from Top Business News- News18.com

Sunday 26 February 2023

Nine of Top-10 Firms Lose Rs 1.87 Trillion in Mcap

Barring ITC, all 10 firms, including Tata Consultancy Services, Infosys, ICICI Bank and Hindustan Unilever, were the laggards.

from Top Business News- News18.com

FPIs' Sell-off Spree Continues, Withdraw Rs 2,300-Crore from Equities in February

The pace of selling has come down compared to January, when foreign portfolio investors took out Rs 28,852 crore

from Top Business News- News18.com

Elon Musk On Inflation: Why Can't Witchcraft Defeat It? Check His Latest Tweets On Inflation

Since March of last year, the US Fed has attacked inflation by raising its key interest rate eight times

from Top Business News- News18.com

India's economic growth appears to be very fragile, says RBI Monetary Policy Committee member Varma

Jayanth R. Varma said he expects inflation to remain high in 2022-23 but come down significantly in 2023-24

from | The Hindu

Global trends, domestic macro data to drive markets this week: Analysts

The resurgence of cold war between the U.S. and Russia has brought apprehensions to the market, said Head of Research at Geojit Financial Services

from | The Hindu

7th Pay Commission: Central Govt Employees May See Salary Hike Soon As Fitment Factor, DA To Rise

The minimum salary is expected to see a rise from Rs 18,000 to Rs 26,000 for central government employees after the hike in fitment factor

from Top Business News- News18.com

Explained | Who will benefit from the UPI-PayNow link?

How did the real-time payment linkage between Singapore and India come about? How does the ecosystem work? 

from | The Hindu

Saturday 25 February 2023

Is SIP A Good Option To Invest In For A Wedding? Experts Weigh In

You do not need to worry about not having enough money to start investing in SIP because it starts from as little as Rs 500.

from Top Business News- News18.com

6 Exemptions Under The New Tax Regime You had No Idea About

The Finance Ministry has reduced the highest surcharge rate from 37% to 25% for earnings over Rs 2 crore.

from Top Business News- News18.com

Retirement Planning: Why Investing Early Is Important For You?

Without a proper retirement plan, people may not be able to afford the same lifestyle that they are used to during their working years.

from Top Business News- News18.com

Unemployment rate dips to 7.2% in October-December: govt. survey

Joblessness was high in October-December 2021 mainly due to the staggering impact of Covid-related restrictions in the country

from | The Hindu

Sebi Proposes Changes To Rules For REITs, InvITs

Stakeholders can submit their comments on the consultation paper till March 8.

from Top Business News- News18.com

Morning Digest | EU approves 10th package of Russia sanctions; NDA has changed fate of northeast in past nine years, says PM Modi, and more 

Here’s a select list of stories to read before you start your day.

from | The Hindu

PM Modi flags high debt in developing countries

The meeting will touch issues like digital currencies and payments, reform of institutions like the World Bank, climate change and financial inclusion

from | The Hindu

Friday 24 February 2023

Are You Aware That You Can Transfer Money Via UPI Without Internet Now?

Calling, selecting, and paying are the three steps of UPI for feature phones, also known as UPI123Pay.

from Top Business News- News18.com

Markets climb in early trade

Sensex climbed 297.25 points, and Nifty advanced 88.5 points

from | The Hindu

Irrigation and Allied Services Stock Declares 150% Dividend; FIIs Increase Stake; Do you Own?

Despite being a debt-free company, it has declared a 150 per cent dividend for its eligible shareholders

from Top Business News- News18.com

Stocks to Watch: HDFC Bank, Infosys, Muthoot Finance, Zee Ent, Axis Bank, and Others

Stocks to watch: Shares of firms like HDFC Bank, Infosys, Muthoot Finance, Zee Ent, Axis Bank, and others will be in focus in Friday's trade.

from Top Business News- News18.com

Morning Digest | India abstains in U.N. vote on Ukraine; Gandhis likely to stay away from Congress steering committee meeting, and more

Here’s a select list of stories to read before you start your day.

from | The Hindu

Sonata Software to acquire Texas-based tech firm Quant Systems

Sonata Software will make an upfront cash payment of $65 million, and up to $95 million over the next two years

from | The Hindu

Thursday 23 February 2023

Citigroup CEO Jane Fraser Gets 9% Salary Hike

Fraser's total pay in 2021 was $22.5 million.

from Top Business News- News18.com

Stock Market Updates: Sensex Opens Flat, Nifty Slips Below 17,550 Amid Mixed Global Cues; Key Points

Sensex Today: Domestic markets are likely to consolidate on Thursday, amid mixed global cues.

from Top Business News- News18.com

Gautam Adani no longer among world’s 25 richest people

Mr. Adani’s net worth fell below $43.4 billion on Wednesday in the aftermath of the Hindenburg report, shaky shareholders’ trust and Wikipedia allegations

from | The Hindu

Stocks to Watch: Wipro, Adani Green, Tata Steel, Zee Ent, Hero MotoCorp, and Others

Stocks to watch: Shares of firms like Wipro, Adani Green, Tata Steel, Zee Ent, Hero MotoCorp, and others will be in focus in Thursday's trade.

from Top Business News- News18.com

Adani flagship Adani Enterprises falls 10% after Wikipedia’s allegation



from | The Hindu

Nirmala Sitharaman to Attend First G20 Finance Ministers' Meeting Under India Presidency on Friday

On the sidelines of the meeting, Sitharaman will hold bilateral discussions with more than 10 countries, including Italy, the US, Spain, Indonesia, and the UK

from Top Business News- News18.com

Wednesday 22 February 2023

McKinsey Plans To Eliminate Nearly 2,000 Jobs; Layoffs To Be Finalised In Coming Weeks

Under a plan dubbed 'Project Magnolia', McKinsey's management team is hoping the move will help preserve the compensation pool for its partners

from Top Business News- News18.com

The office comes into focus, the home fades away



from | The Hindu

Stock Market Update: Sensex Slides 300 pts, Nifty Around 17,750; Delhivery Falls 3%

Indian equity markets extended losses to the fourth trading session on Wednesday, as higher interest rate concerns hurt global sentiments.

from Top Business News- News18.com

Stocks to Watch: HDFC Bank, One97 Comm, IRB Infra, IRCTC, Hindustan Zinc, SBI, and Others

Stocks to watch: Shares of firms like HDFC Bank, One97 Comm, IRB Infra, IRCTC, Hindustan Zinc, SBI, and others will be in focus in Wednesday's trade.

from Top Business News- News18.com

Tuesday 21 February 2023

India's Pride, UPI: As UPI Embarks on International Journey, Learn How It Works | Explained

Explained: UPI has become international with it being connected to Singapore's PayNow system. Learn what UPI is and how it works

from Top Business News- News18.com

Rupee falls 3 paise to 82.76 against U.S. dollar

At the interbank foreign exchange, the domestic unit opened weak at 82.76 against the dollar, registering a decline of 3 paise over its last close

from | The Hindu

Wipro Freshers To Get Reduced Salary; Company Cuts Offered Package; Check Details Here

Wipro is rolling out 87 percent of the variable pay for the third quarter of FY23 for employees whose variable is linked to company performance.

from Top Business News- News18.com

Gold, Diamond, Platinum Jewellery from Nirav Modi-owned Firm to Go Under Hammer Next Month

Nirav Modi Jewellery Auction: The sale of gold, platinum and diamond jewellery will take place through e-auction on March 25, as per the notice. The reserve price of the items to be auctioned will be declared on the date of the auction

from Top Business News- News18.com

Sensex Rises 86.35 Points To 60,777.85, Nifty Above 17,870; Rupee Weakens 3 Paise

Experts say the market will continue to trade in a broad range of 17,750-18,150 since there are no triggers for a breakout or a breakdown crossing the upper or lower limit

from Top Business News- News18.com

TCS To Announce Salary Hikes Soon? Here's What We Know

TCS' chief human resource officer says it is not considering any layoffs as it believes in grooming talent for longer careers once it hires an employee

from Top Business News- News18.com

Monday 20 February 2023

Rupee gains 16 paise to 82.66 against U.S. dollar

Forex traders said weak crude oil prices lent some support to the rupee

from | The Hindu

India plans to export solar power: official

Country can produce annually solar modules that can generate 100 GW and become a net exporter of power, says Secretary, Ministry for New and Renewable Energy, Bhupinder Bhalla; high customs duty on Chinese components, land acquisition challenges hamper switch to non-fossil sources

from | The Hindu

Rupee Gains 16 Paise to 82.66 Against US Dollar

The rupee gained 16 paise to 82.66 against the US dollar in early trade on Monday as the American currency retreated from its elevated levels.

from Top Business News- News18.com

Sensex Opens 142 Points Higher At 61,145, Nifty Rises To 17,967

Among the top gainers were ITC, Hindustan Lever, HCL Tech, PowerGrid, and Bharti Airtel; while the top losers were Bajaj Finance, Wipro, Tata Steel, Titan and Tata Motors

from Top Business News- News18.com

Samvardhana Motherson Automotive Signs Pact to Buy German Firm for EUR 540 Mn

The enterprise value of the business is Euro 540 million and the transaction will be funded by a mix of debt and internal accruals

from Top Business News- News18.com

Stocks to Watch Today: Motherson, Sun Pharma, HUL, Dilip Buildcon, Cipla, Zydus and Others

Stocks to watch: Shares of firms like Motherson, Sun Pharma, HUL, Dilip Buildcon, Cipla and Zydus will be in focus in today's trade

from Top Business News- News18.com

All Banks In Arunachal Pradesh, Mizoram Closed On February 20, Here's Why

February 20 marks the Statehood Day of both Arunachal Pradesh and Mizoram

from Top Business News- News18.com

Sunday 19 February 2023

India's economy to grow at 6% in 2023-24, says former Niti Aayog Vice-Chairman Rajiv Kumar

Ex-Vice-Chairman of Niti Aayog Rajiv Kumar says major risks going forward will emerge from a synchronized downturn in the North American and European economies

from | The Hindu

Mutual Funds' Collection Through NFO Drops 38% in 2022, Says Report

In 2022, AMCs were focused on floating NFOs in other schemes category, especially index funds, and debt-oriented schemes segment, mainly fixed-term plans.

from Top Business News- News18.com

Rise In Internet Users Drive Digital India; Businesses See Highest Impact Of Digitalisation, Says Report

Data privacy and talent upskilling were identified as areas of improvement for scalable implementation.

from Top Business News- News18.com

Smart Ways To Reduce Home Loan EMI Burden When Interest Rates Increase

Experts feel that interest rate is considered to be at peak currently and it is estimated to reduce over the years.

from Top Business News- News18.com

Saturday 18 February 2023

Gurugram Real Estate: Racing Ahead in NCR With Half Of Housing Unit Sales; Check Why

About 51 per cent of the 63,710 units sold in the NCR in 2022 were in Gurugram, according to a survey conducted by realty consultant Anarock at the end of 2022

from Top Business News- News18.com

2023 May Be Characterised By Milder Global Slowdown, Trajectory Remains Unpredictable: RBI Report

In India, domestic consumption and investment stand to benefit from stronger prospects for agricultural and allied activities, says RBI

from Top Business News- News18.com

Karnataka Budget 2023: Interest Free Loan For Farmers Hiked To Rs 5 Lakh

CM Basavaraj Bommai said the step will increase agricultural activities in the state. Thus farmers will avoid taking loans from the unorganised sector.

from Top Business News- News18.com

India's Forex Reserves Fall $8.32 Billion to $566.95 Billion; Second Consecutive Week Decline

India's forex reserves dropped by USD 8.319 billion to USD 566.948 billion for the week ended February 10, the RBI said on Friday.

from Top Business News- News18.com

Petrol Prices Over Rs 100 In Mumbai, Chennai On February 18; Check Rates of Diesel and Petrol in Your City

Petrol and diesel prices remained stagnant throughout the country on Saturday, February 18

from Top Business News- News18.com

GST Council's 49th Meet Today: Here is What Is Expected

The GST Council is likely to take up matters such as tax rate change on cement, setting up of appellate tribunals, and GoM reports on taxation of pan masala and sand mining

from Top Business News- News18.com

Friday 17 February 2023

Google Layoffs: Over 450 Employees In India Laid Off, Says Report

In January, Google announced laying off 12,000 workers, as the economic boom that the industry rode during the Covid-19 pandemic ebbs.

from Top Business News- News18.com

Karnataka Budget 2023 live updates | CM Basavaraj Bommai to present Budget today

Chief Minister Basavaraj Bommai’s Budget for 2023-34 will focus on “farmers, working class, poor, and women”, setting a political tone ahead of the Assembly elections in Karnataka

from | The Hindu

Stock Market Pre-Open: Sensex Declines 300 points, Nifty Below 17,980

On Thursday the BSE Sensex eked out marginal gains of 44.42 points or 0.07 per cent to settle at 61,319.51. During the day, it jumped 407.16 points or 0.66 per cent to 61,682.25.

from Top Business News- News18.com

A Promise Of High Returns Could Backfire! Avoid These 10 Stock Market Investment Errors

Before investing in any stock, make sure you do your due diligence and research the company, its financials, and its industry.

from Top Business News- News18.com

TRAI tells telcos to crack down on SMS spammers

TRAI ordered telcos to disallow commercial calls and texts from being placed using regular mobile numbers.

from | The Hindu

Thursday 16 February 2023

PM Kisan Maandhan Yojana: Farmers To Receive Rs 3000 Monthly Pension

The farmer's spouse will be eligible to receive 50% of the pension, in the event of the farmer's death.

from Top Business News- News18.com

Rupee gains 21 paise to 82.62 against U.S. dollar

Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor sentiments.

from | The Hindu

Stock Market Updates: Sensex Up 300pts, Nifty50 Above 18,100; IndiGo Slips 4%

Broader markets, too, rose in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.6 per cent.

from Top Business News- News18.com

Petrol, Diesel Prices Announced Today; Check Rates In Lucknow, Kolkata and, Other Cities

Fuel prices were last altered when finance minister, Nirmala Sitharaman, announced a reduction in excise duty on petrol by Rs 8 per litre and diesel by Rs 6 per litre.

from Top Business News- News18.com

Mark Zuckerberg's Security Allowance Raised To $14 Million After Meta's Massive Layoffs

"This increased allowance, together with the costs of Zuckerberg's existing overall security program, are appropriate and necessary under the circumstances," Meta said in a filing.

from Top Business News- News18.com

Wednesday 15 February 2023

Argentina, Egypt show interest in Tejas

Apart from these two countries, HAL is pursuing a deal with Malaysia for the supply of 18 Tejas aircraft

from | The Hindu

Stock Market Updates: Sensex Down 150pts, Nifty Below 17,900; Torrent Power Rallies 7%

Indian indices opened marginally lower on February 15 amid weak global cues.

from Top Business News- News18.com

Stocks to Watch: Voda Idea, Biocon, ONGC, Eicher Motors, Siemens, Bharat Forge, and Others

Stocks to watch: Shares of firms like Voda Idea, Biocon, ONGC, Eicher Motors, Siemens, Bharat Forge, and others will be in focus in Wednesday's trade.

from Top Business News- News18.com

Petrol And Diesel Prices Announced: Check Latest Rates In Delhi, Mumbai, And Other Cities

The prices of petrol and diesel have maintained a steady trend for nearly nine months now

from Top Business News- News18.com

India requires 2,210 new airplanes by 2041: Boeing

`Country’s domestic passenger traffic recovers to 98% of pre-pandemic levels’

from | The Hindu

Tuesday 14 February 2023

Rupee gains 13 paise to 82.57 against U.S. dollar

At the interbank foreign exchange, the rupee opened at 82.59 against the dollar, then gained ground and touched 82.57, registering a rise of 13 paise over its previous close.

from The Hindu - Business

Bank FD: ICICI Bank vs PNB vs Axis Bank; Check Comparison of Latest Interest Rates

Here's the comparison of the current fixed deposit (FD) interest rates offered by three lenders Axis Bank, PNB and ICICI Bank on deposits below Rs 2 crore

from Top Business News- News18.com

Sensex climbs 222 points in early trade

The broader Nifty also rose to over 56 points.

from The Hindu - Business

Stock Market Updates: Sensex Gains 200pts, Nifty Above 17,800; Nykaa Dips 4%; TCS, Infy Up 1%

Sensex Today: After India’s inflation rate climbed to a three-month high of 6.5 per cent in January, started flat on Tuesday Morning, despite positive global sentiments.

from Top Business News- News18.com

PAN To Become Inoperative If Not Linked To Aadhaar Before March 31; Check Step-By-Step Guide

Individuals will be restricted from filing the income-tax return or accessing PAN-related services failing to link Aadhaar and PAN card by 31 March, 2023.

from Top Business News- News18.com

Monday 13 February 2023

Rupee falls 17 paise to 82.75 against U.S. dollar

Forex traders said the Rupee is likely to trade with a slight negative bias amid risk aversion in global markets.

from The Hindu - Business

For 18-Year LIC Jeevan Azad Policy, Pay Premium Only For 10 Years

A person choosing 18-year insurance will only be required to make premium payments for 10 years.

from Top Business News- News18.com

SEBI to update FM Sitharaman on Adani probe this week

SEBI's board will brief the Finance Minister on surveillance measures taken by the regulator during the recent rout in Adani Group stocks

from The Hindu - Business

Stock Market Updates: Sensex, Nifty Open Flat Amid Mixed Global Cues; Key Points

Sensex Today: Domestic markets started on a tepid note ahead of crucial inflation data, amidst sombre global sentiments.

from Top Business News- News18.com

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

As the Indian markets ended this week on a subdued tone, the benchmark equities in the next week will likely be influenced by multiple factors. Know here

from Top Business News- News18.com

Stocks to Watch: Nykaa, SAIL, Sun Pharma, NALCO, Oil India, Tata Steel, and Others

Stocks to watch: Shares of firms like Nykaa, SAIL, Sun Pharma, NALCO, Oil India, Tata Steel, and others will be in focus in Monday's trade.

from Top Business News- News18.com

Sunday 12 February 2023

PSBs' Profit Jumps 65% in Q3; Bank of Maharashtra Tops Chart with 139% Surge

BoM was followed by Kolkata-based UCO Bank which posted a profit of Rs 653 crore, 110 per cent higher than its earning in the third quarter of the previous fiscal

from Top Business News- News18.com

Millets to Increase Income of Small and Marginal Farmers: Govt

The year 2023 has been declared by the United Nations as the International Year of the Millet

from Top Business News- News18.com

What Is ELSS Mutual Fund? How Can It Save You Taxes?

ELSS is a mutual fund scheme under which asset management companies put their corpus in equities with a 3-year lock-in period

from Top Business News- News18.com

Axis Bank Hikes FD Interest Rates, Now Offering Up To 8.01%; Check Latest FD Rates

Axis Bank FD rate hike comes at a time when major banks are increasing their fixed deposit interest rates after the repo rate hike by the Reserve Bank of India

from Top Business News- News18.com

Petrol, Diesel Prices Stable In Indian Metro Cities; Check Latest Rates Here

petrol price in New Delhi stood at Rs 96.72 on February 12, while diesel in Delhi retailed at Rs 89.62

from Top Business News- News18.com

Saturday 11 February 2023

Drone maker ideaForge Technology files IPO papers with Sebi

Founded in 2007, the Mumbai-based company has the largest operational deployment of indigenous Unmanned Aerial Vehicles (UAVs) across India.

from The Hindu - Business

India's Direct Tax Collections Up by 24.09%; Personal Income Tax Sees 21.93% Net Growth; Check Details

Direct Tax collection, net of refunds, stands at Rs. 12.98 lakh crore which is 18.40% higher than the net collections for the corresponding period of last year.

from Top Business News- News18.com

Measuring women’s work participation: why it is important to get it right

By valorising women’s diverse activities, we may treat their vulnerabilities as strengths and fail to acknowledge the lack of access to income-generating activities for women

from The Hindu - Business

Get Smarter With Personal Finance By Reading These 7 Books

Check out this list of seven books that you can read for enhanced financial literacy and, consequently, better decision-making regarding money.

from Top Business News- News18.com

Mutual Fund SIPs Get Rs 13,856 Crore In January; Are They Neutralising The Impact Of FII Selloff?

SIP is seen as a convenient method of investing in mutual funds through standing instructions to debit your bank account every month.

from Top Business News- News18.com

Sebi Seeks More Accountability From Mutual Fund Trustees, Wants Review Of Role; Check Latest Update

Mutual Funds in India have a three-tiered structure comprising of the Mutual Fund, the Trustees and the AMCs.

from Top Business News- News18.com

Friday 10 February 2023

Bank Of Baroda Increases MCLR By 5 Bps With Effect From February 12

One month tenure is hiked by 5 bps to 8.20% from 8.15%.

from Top Business News- News18.com

Rupee falls 12 paise against U.S. dollar in early trade

Sustained foreign fund outflows and elevated crude oil prices in the international market weighed on the domestic unit.

from The Hindu - Business

Stock Market Updates: Sensex Drops 87 pts, Nifty Holds 17,850; Paytm Down 6%, Zomato 5%

Sensex Today: The domestic markets opened on a tepid note in Friday's trading session, amid feeble global sentiments.

from Top Business News- News18.com

Stocks to Watch: LIC, IRCTC, Zomato, GAIL, PB Fintech, HPCL, NTPC, and Others

Stocks to watch: Shares of firms like LIC, IRCTC, Zomato, GAIL, PB Fintech, HPCL, NTPC, and others will be in focus in Friday's trade.

from Top Business News- News18.com

IRCTC Declares 175% Interim Dividend; Know Record Date, Payment Date Here

The Board of Directors of IRCTC at its meeting held on Thursday has declared an interim dividend of Rs 3.50 per share

from Top Business News- News18.com

Zomato Q3 Net Loss Widens to Rs 346.6 Crore But Sales Increase 75% YoY

Online food delivery platform Zomato Ltd on Thursday reported a widening of consolidated net loss at Rs 346.6 crore in the third quarter ended December 31, 2022 impacted by higher expenses and slowdown in food delivery business.

from Top Business News- News18.com

LIC chairman says, will meet Adani Group top management soon

LIC's investment into Adani group firms' stock has come under criticism by the opposition parties as well as investors after U.S.-based short-seller Hindenburg Research made a litany of allegations

from The Hindu - Business

LIC Q3 net profit surges to ₹6,334 crore

Net premium income climbs 14.5% to ₹1.1 lakh crore

from The Hindu - Business

Thursday 9 February 2023

Sensex drops nearly 115 points in early trade; Nifty tests 17,800

Maruti was the top loser in the Sensex pack, shedding 1.31%, followed by Tata Motors, Bajaj Finserv, SBI, Bharti Airtel, Kotak Bank, Axis Bank and Reliance Industries.

from The Hindu - Business

Stock Market Updates: Sensex, Nifty Open Flat; Adani Ent Sinks 10%, Paytm Rises 2%

Sensex, Nifty opened in green on Thursday morning as global sentiments turned negative after hawkish comments by the US Federal Reserve.

from Top Business News- News18.com

LinkedIn India crosses 100 million members

Despite tough macroeconomic conditions, learning in-demand skills would be critical for professionals to become more employable in any job market and reach their career goals in 2023, predicted LinkedIn

from The Hindu - Business

Disney to Cut 7,000 Jobs in Major Revamp; Know Details

Walt Disney Co on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5 billion in costs and make its streaming business profitable.

from Top Business News- News18.com

Disney to cut 7,000 jobs in Iger's company 'transformation'

The Walt Disney Co. says it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger

from The Hindu - Business

RBI lifts loan costs to tame inflation

Banking system now much stronger to be affected by one case, says Das; Monetary Policy Committee raises Q1 FY24 growth forecast to 7.8%

from The Hindu - Business

LazyPay, Kissht bans may be a mistake: government official

The two apps were caught up in a ban targeting betting and lending apps, which largely appear to originate from China

from The Hindu - Business

Tuesday 7 February 2023

ONGC to reverse oil, gas output decline; sees 18% jump in production in FY25

Natural gas production is slated to rise to 25.685 bcm in 2023-24 and 27.529 bcm in the following year.

from The Hindu - Business

Sensex, Nifty gain in early trade

Most of the Sensex stocks, including Reliance Industries, HDFC Bank and TCS, were trading with gains.

from The Hindu - Business

This Insurance Rewards You For Safe Driving: Know What Is UBI; Perception Of Indian Youth

Usage-based insurance calibrates your premium to how much you drive, so if you drive less you pay less.

from Top Business News- News18.com

Looks like Hindenburg has done its homework on Adani, says NYU professor



from The Hindu - Business

Petrol And Diesel Prices On Feb 7: Check Latest Rates In Delhi, Mumbai And Other Cities

Any change in the fuel prices is announced every day at six in the morning.

from Top Business News- News18.com

Looking To Invest In FD? Here's Why Indians Are Choosing Fixed Deposits

Kuvera’s survey found that over one in five respondents turned to FD to park emergency funds while beating inflation.

from Top Business News- News18.com

Monday 6 February 2023

Reliance showcases hydrogen-run truck at India Energy Week

India is fast pushing for use of hydrogen, which can be produced by splitting water using electricity

from The Hindu - Business

Rupee falls 42 paise to 82.50 against U.S. dollar in early trade

Sustained foreign fund outflows and firm crude oil prices further dented investor sentiments, Forex traders said

from The Hindu - Business

Petrol And Diesel Prices In India: Check Latest Rates In Delhi, Mumbai And Other Cities

Diesel prices across four major Indian cities show Delhi having the lowest price

from Top Business News- News18.com

India's unwavering appetite for Russian crude lifts January inflows to record high

Officials attending India Energy Week 2023 in Bengaluru say India will continue to buy crude oil from anywhere in the world, including Russia, to meet its energy needs.

from The Hindu - Business

Sensex Falls 200 Points And Nifty 50 below 17,800

Meanwhile, Asian shares slipped on Monday after a run of upbeat economic data from the United States and globally lessened the risk of recession,

from Top Business News- News18.com

Hum Adani ke hain kaun | Congress makes a jibe at PM Modi’s silence over Adani saga

Congress general secretary Jairam Ramesh said said Mr. Modi’s silence on the scam had forced the party to start a series of campaigns named HAHK — Hum Adani ke hain kaun.

from The Hindu - Business

Sunday 5 February 2023

Nine of Top-10 Firms Add Rs 1.88 Lakh Crore in M-cap; ITC Biggest Gainer

The market valuation of ITC rallies Rs 43,321.81 crore to reach Rs 4,72,353.27 crore

from Top Business News- News18.com

Looking To Expand Health Policy? Know What Is Top-Up In Health Insurance?

A top-up is not just limited to health insurance, a policyholder while investing in Unit-linked Insurance Plans can also use top-ups

from Top Business News- News18.com

Vodafone, Airtel AGR Issue: Here's The Full Timeline of the Telecom Companies' Case

Adjusted gross revenue, or AGR, is the amount on the basis of which the government's licence fees and SUC are calculated

from Top Business News- News18.com

Update For AIF Investors: SEBI Comes Out With Key Proposals; Check Details

The objective of the consultation papers is to seek comments/ inputs/ suggestions from all stakeholders on proposals.

from Top Business News- News18.com

7th Pay Commission: Central Govt Employees Likely To See Hike In Their Salary After Holi, Say Reports

The minimum salary is expected to see a rise from Rs 18,000 to Rs 26,000 for central government employees as fitment factor might increase after Holi next month

from Top Business News- News18.com

Adani crash will not have any impact on economy: Nirmala Sitharaman

Noting that $8 billion has come into the country over the last two days, the Finance Minister says the inherent strength of the Indian economy is intact and unaffected by the withdrawal of the Adani FPO

from The Hindu - Business

Saturday 4 February 2023

Budget 2023: Here’s How Much Income Tax You Will Pay Under New Regime

Those with annual income of Rs 15 lakh would need to pay 10% of their income that is Rs 1.5 lakh under the new regime.

from Top Business News- News18.com

Google, Apple, Amazon give investors reason to fret

Amazon reported worse-than-expected fourth-quarter profits, but its revenue beat expectations

from The Hindu - Business

ITC Announces Rs 6 Interim Dividend for FY23; Know Record, Payment Dates Here

ITC Interim Dividend Declared: In the past 12 months, ITC has declared an equity dividend amounting to Rs 11.50 per share

from Top Business News- News18.com

Musk didn't defraud investors with 2018 Tesla tweets: jury

Elon Musk's integrity was at stake at the trial as well as part of a fortune that has established him as one of the world's richest people

from The Hindu - Business

Paytm Q3 Consolidated Loss Narrows to Rs 392 Crore

Digital financial services firm One97 Communications on Friday said it has narrowed its consolidated net loss to Rs 392 crore in the third quarter ended December 2022.

from Top Business News- News18.com

Friday 3 February 2023

Budget 2023: Senior Citizens Savings Scheme; Rs 30 lakh Deposit Limit, Check Interest Rate And Other Details

Senior Citizens Savings Scheme: A depositor can open an account individually or jointly with a spouse.

from Top Business News- News18.com

Adani Enterprises shares removed from Dow Jones Sustainability Indices

The Adani stocks took a massive beating in the Indian stock market on Friday morning as well

from The Hindu - Business

Apple Bullish On India; Here's What CEO Tim Cook Said About 'Hugely Exciting Market'

Apple CEO Tim Cook said that India is a 'hugely exciting market' for the company, which has witnessed 'record levels' of people switching to iPhone in the country.

from Top Business News- News18.com

Stocks to Watch: Adani Group, SBI, Paytm, BoB, HDFC AMC, ITC, and Others

Stocks to watch: Shares of firms like Adani Group, SBI, Paytm, BoB, HDFC AMC, ITC, and others will be in focus in Friday's trade.

from Top Business News- News18.com

Nirmala Sitharaman LIVE: After Revising Tax Slabs for New Regime, FM to Tell BJP MPs 'Benefits of Budget'

Nirmala Sitharaman, Post-Budget 2023 LIVE Updates: Sitharaman had two days ago presented the Union Budget 2023–24, ahead of the scheduled Lok Sabha elections next year. One of the major highlights of the 2023 budget was the altered income tax slab

from Top Business News- News18.com

Nirmala Sitharaman to brief BJP MPs on budget high points

Ministers will then start on an outreach programme to spread the word in States

from The Hindu - Business

Thursday 2 February 2023

T.N. industrialists say Union Budget is aimed at growth

Industrialists from across Tamil Nadu gave positive reviews of the Union Budget 2023-24.

from The Hindu - Business

Budget 2023 Focus on Mobile Phone Manufacturing to Boost Gaming Sector, Say Esports Industry Experts

Finance minister Nirmala Sitharaman in her budget speech said the central government has decided to remove the minimum threshold of Rs 10,000 for TDS on online gaming

from Top Business News- News18.com

A Budget that signals growth with stability

Faced with the challenge of increasing infrastructure spending while continuing with fiscal consolidation, the Finance Minister’s balancing act has given India a well-crafted Budget

from The Hindu - Business

Budget Allocates Rs 4,692 Crore for Information and Broadcasting Ministry

The Film and Television Institute of India (FTII) in Pune, an autonomous body under the ministry, has received Rs 64.75 crore in the budget as against Rs 68.53 crore in the revised estimates last fiscal

from Top Business News- News18.com

Budget 2023: Vande Metro, Hydrogen Trains | What Railways Plans to Do With Rs 2.41 Lakh Crore

Rail minister Ashwini Vaishnaw said to ease travel in and around big cities, Vande Metro – an equivalent to the Vande Bharat Express trains – will offer a world-class rapid shuttle-like service

from Top Business News- News18.com

Wednesday 1 February 2023

Budget 2023 Live Streaming: When & Where To Watch FM Sitharaman's Speech On Union Budget

Budget wishlist from the middle class, tax payers, corporates and other sectors of the economy, has suggested initiatives and urged the government to announce incentives to boost the consumption to accelerate the growth.

from Top Business News- News18.com

Budget 2023: Sensex, Nifty Down 3% in Jan; Analysts Share Trading Strategy for Budget Day

Budget 2023: Surge in volatility with decline in prices ahead of the Union Budget suggests some sort of concern in the market.

from Top Business News- News18.com

Income Tax LIVE Updates: 'Attractive Makeover' of New Tax Regime with Slab Change in Budget 2023

Budget 2023 Income Tax LIVE Updates: There is an expectation that the government might give relief to individual taxpayers by raising tax exemptions or rebate limits

from Top Business News- News18.com

Budget 2023 LIVE News Updates: FM Nirmala Sitharaman to Present Union Budget in Parliament Today

Budget 2023 LIVE News Updates: Finance Minister Nirmala Sitharaman on Wednesday, February 1, will present the Union Budget 2023-24.

from Top Business News- News18.com

Growth dips, public investment stagnant in agriculture sector

The survey hailed schemes such as the Pradhan Mantri Kisan Samman Nidhi for helping farmers

from The Hindu - Business

Economic Survey 2022-23 | Congress questions growth claims

Bluster and lofty words of ‘all is well’ won’t make an unwell economy well, says party spokesperson

from The Hindu - Business