Foreign Trade Policy 2023: Paperless Approvals, E-Commerce Exports, Amnesty Scheme; Key Highlights

Foreign Trade Policy 2023: $2 Trillion Exports by 2030, Tax Remission Instead of Incentives, Paperless Approvals, Reduction In User Charges For MSMEs, E-Certificate of Origin, Districts As Export Hubs are Some of Its Highlights

from Top Business News- News18.com

Foreign Trade Policy 2023 Unveiled: No 5-Year Timeline, Targets $2 Trillion Exports by 2030

The Foreign Trade Policy 2023 seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement-based regime

from Top Business News- News18.com

Commerce Ministry unveils Foreign Trade Policy 2023; exports grew over 70% since 2015 under current policy

The 2015-20 policy was extended due to the COVID-19 pandemic and the conflict in Europe last year.

from | The Hindu

Sensex, Nifty rally over 1% in early trade on firm global trends, gains in RIL

Fresh foreign fund inflows also added to the positive momentum in the equity market

from | The Hindu

'Noteworthy Reforms', Says PM Narendra Modi As PNGRB Introduces Unified Tariff In Natural Gas Sector

This unified tariff mechanism will help India to achieve the 'One Nation One Grid One Tariff' model and also propel the gas markets in distant areas

from Top Business News- News18.com

Sensex Surges Over 700 Points, Nifty Above 17,250; Rupee Appreciates By 24 Paise

Reliance, HCL Tech, ICICI Bank, Nestle and Tech Mahindra were among the top gainers rising by up to 3.27 per cent

from Top Business News- News18.com

Rupee rises by 24 paise to 82.10 against U.S. dollar on FII flows

Gains in the local stock market and weakness in the U.S. dollar in early Asian trade also boosted the rupee sentiment

from | The Hindu

Four IPOs To Hit Markets Today: Check Details About Infinium, MOS, Exhicon, Sancode SME IPOs

Infinium Pharmachem and MOS Utility will be launched from the NSE Emerge platform, while Sancode Technologies and Exhicon Events Media Solutions from the BSE SME platform

from Top Business News- News18.com

Air India Secures Rs 14,000 Crore Loan From SBI, BoB: Report

Reportedly, the funds will support the airline’s upcoming expansion into both domestic and international markets with leased aircraft and new planes.

from Top Business News- News18.com

Latest Tech Layoffs: Unacademy Lays Off 380 Employees, Cuts 12% of Workforce

It comes a day after the company decided to hive off its coding learning platform CodeChef

from Top Business News- News18.com

Amid Global Turmoil, Hiring Intent In India Increased Over Past Year, Says Report

According to the report findings, Q1 is projecting a strong outlook, especially for entry and junior-level employees.

from Top Business News- News18.com

PAN-Aadhaar Link: You Won't Get A Loan After June 30 If Two Key Documents Are Not Linked

CBDT has also said if PAN and Aadhaar is not linked, taxpayers might face difficulty at various other fora like banks and other financial portals, as PAN is one of the important KYC criterion for all kinds of financial transactions

from Top Business News- News18.com

Govt Plans to Borrow Rs 8.88 Lakh Crore from Market in H1 FY24

To finance the fiscal deficit in 2023-24, net market borrowing from dated securities is estimated at Rs 11.8 lakh crore

from Top Business News- News18.com

How To Calculate Income Tax On IT Department's Tax Calculator?

The income tax calculator is available on the tax department's official website.

from Top Business News- News18.com

Sensex, Nifty Today: Indian Markets To Remain Closed On March 30 On Account Of Ram Navami

MCX will be open for trading in the evening session at 5 pm on Thursday

from Top Business News- News18.com

Stock Market Updates: Sensex Surges 200pts, Nifty Above 17,000; Key Points

Stock Market Today: Domestic markets started trading in the positive territory on Wednesday morning.

from Top Business News- News18.com

Filing ITR? Know Which Form Should You Use To File Your Income Tax Return

In order to make filing returns easier, the Income Tax Department has put out several different forms that an individual taxpayer can use

from Top Business News- News18.com

Buying a New House? Here's How You Can Save Tax Using Home Loan

You can claim a tax deduction of up to Rs 1.5 lakh on the principal repayment of your home loan under Section 80C of the Income Tax Act

from Top Business News- News18.com

India comes under fire at WTO for avoiding questions on MSP subsidy

Some countries have alleged that India did not give sufficient replies to concerns raised by them during consultations

from | The Hindu

Adani stocks slide again, flagship Adani Enterprises slumps 7%

Other group companies including Adani Green Energy, Adani Total Gas, Adani Power and Adani Wilmar all declined by the maximum permissible 5% after the lower circuit was triggered

from | The Hindu

JioFiber announces ‘backup broadband’ plans as IPL approaches

The new home plans come as the telco gears up for the IPL, and expands its home broadband market lead.

from | The Hindu

Stock Market Updates: Sensex Jumps 150 pts, Nifty Above 17,000; Paytm Gains 2%

Stock Market Today: Indian indices opened higher on March 28 with Nifty above 17000.

from Top Business News- News18.com

PAN-Aadhaar Linking: Here’s What Will Happen If You Miss March 31 Deadline

Indian government has mandated the linking of Permanent Account Number (PAN) and Aadhaar latest by March 31

from Top Business News- News18.com

Stocks to Watch: HDFC, GATI, Tata Motors, IDFC First Bank, Vedanta, CCD, and Others

Stocks to watch: Shares of firms like HDFC, GATI, Tata Motors, IDFC First Bank, Vedanta, CCD, and others will be in focus on Tuesday's trade.

from Top Business News- News18.com

Walt Disney Co Begins 7,000 Layoffs as it Seeks to Control Costs

Anxiety has been building within Disney, as rumors swirled about areas of possible cuts

from Top Business News- News18.com

SVB loans, deposits sold to First Citizens Bank

Depositors of Silicon Valley Bank will "automatically become depositors of First Citizens Bank"

from | The Hindu

7th Pay Commission: How Govt Calculated 4% DA Hike? Check Details

The central government revises the DA and DR for employees based on a formula

from Top Business News- News18.com

Sensex, Nifty rise in early trade

Sensex climbed 137.55 points and Nifty advanced 46.05 points

from | The Hindu

Stock Market Updates: Sensex Rises 100 pts, Nifty50 Above 16,950; Phoenix Mills Up 3%

Stock Market Today: Indian indices opened with marginal gains on March 27 amid mixed global cues.

from Top Business News- News18.com

Stocks to Watch: Lupin, Tata Steel, Nykaa, Adani Stocks, Paytm, Sun Pharma, and Others

Stocks to watch: Shares of firms like Lupin, Tata Steel, Nykaa, Adani Stocks, Paytm, Sun Pharma, and others will be in focus on Monday's trade.

from Top Business News- News18.com

Net direct tax growth for 2022-23 to slow to 15%

Tax growth rates were higher in earlier months as there were no deadline relaxations for taxpayers this year, refunds have accelerated, and economic growth has slowed in the second half of the year

from | The Hindu

FPIs Invest Rs 7,200 Cr In Indian Equities In March So Far

According to the data with the depositories, foreign portfolio investors (FPIs) invested Rs 7,233 crore in Indian equities till March 25.

from Top Business News- News18.com

Mutual fund nomination deadline to end on March 31

The deadline for all the existing mutual fund folios, including jointly-held ones, was set as March 31, 2023, failing which the folios will be frozen for debits.

from | The Hindu

60% Women Investors Still Prefer Traditional Investment Options, Says Report

According to the survey, fixed deposits and saving accounts continue to dominate the preferences of female investors.

from Top Business News- News18.com

IMF says risks to financial stability have increased, calls for vigilance

The IMF managing director reiterated her view that 2023 would be another challenging year, with global growth slowing to below 3% due to scarring from the pandemic, the war in Ukraine and monetary tightening

from | The Hindu

Fraudsters Use UPI Apps To Dupe Rs 1 Crore From 81 People In Mumbai

Fraudsters are reportedly using a new "payment mistake" tactic to dupe users.

from Top Business News- News18.com

Explained | Will mega textile parks help boost the sector?

Where are mega parks coming up in the first phase under the PM MITRA scheme? What has been the reaction to the announcement from MSMEs which dominate the textiles and apparel industry? How is the new initiative different from earlier textile park schemes?

from | The Hindu

Global Mobile Gaming Market Growing At 4.9%, To Hit $223 Billion By 2024: Report

The paid competitive gaming is growing 6X faster than the overall global mobile games market with a CAGR of 31.9 per cent from 2021 to 2024.

from Top Business News- News18.com

You Will Have To Pay Extra Taxes If PAN Is Not Linked To Aadhaar By March 31

If you have not yet linked the PAN card with Aadhaar, then you need to link them by March 31, 2023.

from Top Business News- News18.com

Reliance Industries names new chief financial officer

Srikanth Venkatachari takes over from Alok Agarwal, who has been Reliance Industries CFO since 2005

from | The Hindu

How To Link PAN and Aadhaar Through SMS, How To Check Status?

If you have not yet linked the PAN card with Aadhaar, then you need to link them by March 31, 2023.

from Top Business News- News18.com

7th Pay Commission: How Much Will Govt Employees' Salary Increase After Latest 4% DA Hike?

The combine impact on the exchequer on account of both dearness allowance and dearness relief would be Rs 12,815.60 crore per annum

from Top Business News- News18.com

A changing scenario on the cards

A burgeoning industry of ‘games of skill’ like poker and rummy is making successful celebrities of some players and leaving some others in financial ruin. Aroon Deep speaks to players on both ends of the spectrum amid changing jurisprudence on games of ‘skill’ and of ‘chance’  

from | The Hindu

Apple Inc Supplier Mulls Opening 2nd India Factory to Assemble Latest iPhones: Report

Pegatron plans to add a second facility near the southern city of Chennai in the Tamil Nadu state

from Top Business News- News18.com

Rupee slips 4 paise to 82.24 against dollar in early trade

The rupee pared some of the losses to trade at 82.24, registering a loss of 4 paise over the previous close of 82.20 on March 23

from | The Hindu

Tech Layoffs In Just 3 Months of 2023 Surpass Whole 2022 Figures; 518 Firms Lay Off 1.72 Lakh Employees

A total of 518 tech companies have laid off 1,71,858 employees between January 1 and March 23 this year

from Top Business News- News18.com

GST appellate tribunal may be headed by a former Supreme Court judge

New tax tribunal expected to address pile-up of unresolved legal cases, thus lowering the burden on courts and taxpayers; single-member bench will hear disputes involving less than Rs. 50 lakh

from | The Hindu

Stocks to Watch: Vedanta, Maruti Suzuki, LIC, HAL, IT Stocks, PNB, RVNL, and Others

Stocks to watch: Shares of firms like Vedanta, Maruti Suzuki, LIC, HAL, IT Stocks, PNB, RVNL, and others will be in focus on Friday's trade.

from Top Business News- News18.com

Ajay Banga Tests Positive for COVID19 During Routine Testing in Delhi

India is witnessing a spike in influenza and coronavirus cases in the past two weeks

from Top Business News- News18.com

Correction in banking, tech stocks pulls down Sensex

from | The Hindu

Air India Looks To Reduce Permanent Employee Count By Another 2,000 In 2nd VRS: Report

Air India will cost over Rs 200 crore if all the 2,000 eligible employees avail the second VRS offer, according to a report

from Top Business News- News18.com

Stock Market Updates: Sensex Down 350pts, Nifty50 Below 17,100; HAL Falls 5%

Sensex, Nifty opened lower in Thursday's trade, as global sentiments turned weaker after the US Fed Reserve indicated another rate hike

from Top Business News- News18.com

Petrol Prices Over Rs 100 In Mumbai, Kolkata And Other Indian Cities; Check Fuel Rates Here

Chennai folks are shelling out Rs 102.73 per litre for petrol and Rs 94.33 for the same quantity of diesel

from Top Business News- News18.com

Govt Extends Deadline to Link Aadhaar Number with Voter ID Till March 31, 2024

The Cental Government has extended the deadline for linking the Aadhaar number with voter ID to March 31, 2024, from April 1, 2023.

from Top Business News- News18.com

Markets open higher amid firm global trends; eyes on U.S. Fed interest rate decision

The 30-share BSE Sensex advanced 344.1 points to 58,418.78. The broader NSE Nifty climbed 99.75 points to 17,207.25.

from | The Hindu

Bitcoin At Highest Level In 9 Months, Crosses $28,000 Amid Banking Crisis; Why Are Cryptos Rising?

From March 10, when Silicon Valley Bank collapsed, Bitcoin started surging and rose from $19,674 on March 10 to nearly $28,200 now

from Top Business News- News18.com

Stock Market Updates: Sensex Gains 250 pts, Nifty Above 17,150; HCL Tech Up 2%

Sensex Today: Indian indices opened higher on March 22 with Nifty around 17,150.

from Top Business News- News18.com

Petrol, Diesel Prices Today: Petrol Price in Delhi Below Rs 100, Check Fuel Rates in Your City

As a result, on March 22, Delhi saw petrol being sold at Rs 96.72 per litre, with diesel priced at Rs 89.62 per litre

from Top Business News- News18.com

Gold Loan For Financial Emergency? Know Pros And Cons Before Availing

Loans also can be taken against gold jewellery and ornaments to meet financial emergencies.

from Top Business News- News18.com

Stock Market Updates: Sensex Rises 250 pts, Nifty Near 17,050; L&T Up 1%

The key benchmark indices started Tuesday's session on firm ground tracking positive global cues as fears related to the banking crisis in the West seemed to subside.

from Top Business News- News18.com

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

The job cuts would mark the second largest round of layoffs in Amazon’s history, adding to the 18,000 employees the tech giant said it would lay off in January

from | The Hindu

Stocks to Watch: Tata Motors, PVR, CEAT, RVNL, HDFC AMC, Adani Ent, and Others

Stocks to watch: Shares of firms like Tata Motors, PVR, CEAT, RVNL, HDFC AMC, Adani Ent, and others will be in focus on Tuesday's trade.

from Top Business News- News18.com

Gold smuggling at four-year high

Finance Minister Nirmala Sitharaman said “The smugglers of gold and silver adopt various methods…including body concealment”

from | The Hindu

Credit Suisse Takeover Faces Harsh Criticism at Home, Sparks Fear of Bigger Financial Woes

Switzerland was in shock after its largest bank agreed under pressure from Swiss authorities to swallow up the second largest for $3.25 billion

from Top Business News- News18.com

Indian airlines stare at a loss of $1.6 to 1.8 billion in FY24

They will add 132 planes during the same timeframe

from | The Hindu

Stock Market Updates: Sensex Tanks 400pts, Nifty50 Below 17K; All Sectors in Red

Market Opens: Indian indices opened on negative note on March 20 with Nifty below 17,100.

from Top Business News- News18.com

Converting Credit Card Dues Into EMIs? Key things to Know

Many credit card issuers offer the option of converting purchases more than Rs 2,500 or Rs 5,000 to convert into EMIs

from Top Business News- News18.com

Reliance re-auctions gas in line with new govt rules

Reliance and its partner BP Exploration (Alpha) Ltd (BPEAL) will sell 6 million standard cubic meters per day of gas in an e-auction planned for April 3

from | The Hindu

UBS Eyeing Swoop for Credit Suisse Amid Fears of Banking Contagion

Both U.S. and European banking executives and regulators have taken extraordinary measures to shore up the industry to try to restore confidence

from Top Business News- News18.com

How To Link PAN With Aadhaar; These Services Will Stop If You Don't Do It By March 31

The PAN will become inoperative from April 1 if not linked by the end of this month, and thus you will not be able to get key government services using PAN

from Top Business News- News18.com

U.S. bank crisis: Banking sector Mutual Funds lost 6% in a week

Experts believe that the direct impact on the Indian banking sector was negligible to low.

from | The Hindu

CIBIL: Experts Explain How You Can Maintain A Good Score For Faster Loan Approvals

Even a few days' delay to repayment of your instalments can negatively impact your score -- especially if there are multiple instances of this

from Top Business News- News18.com

OECD Raises India's Growth Forecast To 5.9% for FY24 from 5.7% Earlier

India's growth is projected to moderate to about 6 per cent in FY2023-24, amid tighter financial conditions before picking up to recover to around 7 per cent in FY 2024-25

from Top Business News- News18.com

India's Forex Reserves Down By $2.39 Bn To $560 Bn: RBI Weekly Data

Last week, the rupee stood ground and lost just 10 basis points against the dollar and the currency traded in the 81.61-82.29 range.

from Top Business News- News18.com

Investor Update: What Are Sebi's New Stringent Disclosure Norms For FPIs? Check Details

FPIs will inform Sebi and designated depository about any false or misleading information about change in material respect

from Top Business News- News18.com

Beijing may allow foreign financial firms to list in China: Ex-Finance Minister

China has been stepping up efforts to woo foreign companies and investors to aid an economic recovery after the dismantling of its zero-COVID policy late last year

from | The Hindu

Tamil Nadu, Karnataka, among 7 States to get textile parks

Centre expects the parks to attract investments worth ₹70,000 crore, generate jobs for 20 lakh people and create an integrated value chain for the sector, says Textiles Minister Piyush Goyal

from | The Hindu

NBFC Microfinance Institutions Received Rs 15,951 Cr In Debt Funding In Q3 FY 22-23

Average loan amount disbursed per account during Q3 FY 22-23 was Rs 42,687.

from Top Business News- News18.com

Women Earn Lesser Than Men, Gender Pay Gap Widest In Top Leadership Roles, Says Report

While women professionals excel at sales and are bringing in revenue, they aren’t being entrusted enough with investment decisions, the report said.

from Top Business News- News18.com

Credit Suisse Crisis Unlikely To Impact India's Banking System, Say Experts

The RBI is keeping a close tab on the evolving situation caused due to shuttering of a few banks and stress in other global lenders.

from Top Business News- News18.com

Sensex, Nifty gain in early trade

The Sensex surged 352.6 points, and the Nifty climbed 124 points

from | The Hindu

Rupee rises 25 paise to 82.51 against U.S. dollar in early trade

At the interbank foreign exchange, the domestic unit opened stronger at 82.50 against the U.S. dollar and fell to 82.54

from | The Hindu

Stock Market Updates: Sensex Jumps Nearly 500 pts, Nifty Above 17,100; HAL Up 4%

Sensex Today: Indian indices opened on positive note on March 17 with Nifty above 17,100.

from Top Business News- News18.com

Petrol, Diesel Price Today Announced: Know Rates in Delhi, Mumbai, Chennai, Other Cities

Petrol and diesel prices in India remain high across most regions. In Delhi, petrol is being sold at Rs 96.72 per litre

from Top Business News- News18.com

Stocks to Watch: TCS, Adani Stocks, Zee, SAIL, NTPC, Rail Vikas Nigam, and Others

Stocks to watch: Shares of firms like TCS, Adani Stocks, Zee, SAIL, NTPC, Rail Vikas Nigam, and others will be in focus on Friday's trade.

from Top Business News- News18.com

Silicon Valley Bank Collapse: Top US Banks to Deposit $30 Bn to Shore Up First Republic

A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic

from Top Business News- News18.com

Stock Market Updates: Sensex Down 100pts, Nifty Below 16,950; Metal Stocks Drag

Sensex Today: Domestic markets started Thursday's trade on a tepid note, amid mixed global cues.

from Top Business News- News18.com

TikTok dismisses calls for Chinese owners to divest in U.S.

from | The Hindu

Looking for Safe And Attractive Investment Options? Invest in an Fixed Deposit; Here's Why

Fixed deposits are offered for a wide range of periods, from brief tenures of 7 to 14 days to extended tenures of 10 years.

from Top Business News- News18.com

Petrol, Diesel Prices Announced for March 16; Check Fresh Rates In Major Cities Here

In Delhi, petrol is available for sale at Rs 96.72 per litre, while diesel is selling at Rs 89.62 for the same amount.

from Top Business News- News18.com

Stocks to Watch: JSW Energy, Ramakrishna Forgings, Patanjali Foods, IOC, Vedanta, and Others

Stocks to watch: Shares of firms like JSW Energy, Ramakrishna Forgings, Patanjali Foods, IOC, Vedanta, and others will be in focus on Thursday's trade.

from Top Business News- News18.com

Rupee rises 4 paise to 82.33 against U.S. dollar in early trade

Global oil benchmark Brent crude futures rose 1.21% to $78.39 per barrel

from | The Hindu

Petrol, Diesel Prices On March 15; Check Latest Rates In Delhi, Mumbai And Other Cities

Petrol and diesel prices continue to remain elevated in most parts of India.

from Top Business News- News18.com

Why SVB and Signature Bank Failed So Fast? Is The US Banking Crisis Over?

Customers of SVB were withdrawing their deposits beyond what it could pay using its cash reserves.

from Top Business News- News18.com

‘Leadership bench strength crucial to company’s success’

DDI’s latest Global Leadership Forecast underlines how organisations are struggling to find leaders to take up critical roles

from | The Hindu

Stock Market Updates: Sensex Jumps Over 500 pts, Nifty Above 17,150; IndusInd Bank Gains 2%

Sensex Today: Domestic markets opened higher on Wednesday morning, as global sentiments improve on in-line US inflation report.

from Top Business News- News18.com

Stocks to Watch: Cipla, LIC, NBCC, Welspun, HPCL, Axis Bank, RailTel, and Others

Stocks to watch: Shares of firms like Cipla, LIC, NBCC, Welspun, HPCL, Axis Bank, RailTel, and others will be in focus on Wednesday's trade.

from Top Business News- News18.com

Stock Market Updates: Sensex, Nifty Open Flat; Pharma, FMCG Stocks Gain

Sensex Today: Domestic markets are likely to recover in Tuesday's trading session, after two days of consecutive losses.

from Top Business News- News18.com

Sensex, Nifty rise in early trade

Amid volatile trading, the 30-share BSE Sensex surged 205.55 points.

from | The Hindu

Stocks to Watch: LIC, Dr Reddy’s, NALCO, Lupin, GAIL, Varun Beverages, and Others

Stocks to watch: Shares of firms like LIC, Dr Reddy’s, NALCO, Lupin, GAIL, Varun Beverages, and others will be in focus on Tuesday's trade.

from Top Business News- News18.com

Minister promises IBM all support to expand activities in Kerala

from | The Hindu

68,000 cases picked up for e-verification for income mismatch in AIS, ITR for FY 2019-20

‘A total of 15 lakh updated returns have been filed so far and ₹1,250 crore worth tax was collected’

from | The Hindu

EPFO Extends Deadline to Opt for Higher Pension for Members Retired in Sep 2014

The deadline to opt for higher pensions for these pensioners had ended on March 3, 2023

from Top Business News- News18.com

SVB Solution Ensures Taxpayer Dollars Are Not Put at Risk: US President Joe Biden

He said Treasury Secretary and National Economic Council Director worked diligently with the banking regulators to address problems at SVB and Signature Bank.

from Top Business News- News18.com

Stock Market Updates: Sensex Gains 200 pts, Nifty Above 17,400; TechM Up 8%, Yes Bank Falls 9%

Sensex Today: Indian indices opened higher on March 13 with Nifty around 17,400.

from Top Business News- News18.com

Silicon Valley Bank depositors will have access to their money starting Monday: Treasury Secretary

‘No losses associated with the resolution of the Silicon Valley Bank (SVB) will be borne by the taxpayer,’ says the Dept.

from | The Hindu

Stocks to Watch: LIC, Paytm, Adani Shares, Ambuja Cement, Yes Bank, JSW Steel, and Others

Stocks to watch: Shares of firms like LIC, Paytm, Adani Shares, Ambuja Cement, Yes Bank, JSW Steel, and others will be in focus on Monday's trade.

from Top Business News- News18.com

Mumbai based co-op bank distances itself from Silicon Valley Bank, the U.S. collapsed lender

“SVC Bank reserves the right to take due legal action on rumour mongers for tarnishing it’s brand image,” the statement added. 

from | The Hindu

U.K. Prime Minister Rishi Sunak recognises ‘anxiety’ over Silicon Valley Bank collapse

The government is trying to limit the damage to British tech companies resulting from the chaos engulfing the U.K. arm of the lender, Mr. Sunak said

from | The Hindu

India's chemical demand likely to jump to $1,000 billion by 2040

The sector is projected to grow at 11-12% during 2021-27 and 7-10% during 2027-40 — tripling its global market share by 2040

from | The Hindu

London-Mumbai Air India flight passenger handed over to cops for smoking in aircraft lavatory, unruly behaviour

The incident, which took place on March 10, has been reported to the Directorate General of Civil Aviation (DGCA), Air India said in a statement

from | The Hindu

Inflation expected to come down over the year: RBI MPC member Ashima Goyal

RBI MPC member Ashima Goyal said policy rates had been cut steeply during the pandemic, so they had to be raised fast after recovery was established

from | The Hindu

Collapse of Silicon Valley Bank to impact Indian startup ecosystem, feel experts

Over the past several years, Silicon Valley Bank has been one of the most preferred choices of banking for startups and tech industry in the Silicon Valley

from | The Hindu

Ex-Infosys president Mohit Joshi to be new MD and CEO of Tech Mahindra

The announcement follows the resignation of Mohit Joshi from Infosys where he was head of the global financial services and healthcare and the software businesses, which included Finacle

from | The Hindu

PhonePe Records $1 Trillion In Annual TPV Run Rate, Gets RBI's In-Principle Nod for PA Licence

PhonePe has digitised over 35 million offline merchants spread across Tier 2, 3 & 4 cities and beyond

from Top Business News- News18.com

Metal Cards Are Strong, Innovative, Highly Appealing: IDEMIA Senior VP Amit Kakatikar | Interview

Banks and fintechs have started offering personalised experiences, including custom metal credit and debit cards that can be tailored to an individual level

from Top Business News- News18.com

MCON Rasayan India IPO: Check Subscription Status, GMP, Listing Date

MCON Rasayan IPO receives bids for 62,31,09,000 shares on Friday; it got 36,72,60,000 subscriptions in the retail category and 24,87,42,000 in the NII category

from Top Business News- News18.com

Petrol Price Above Rs 100 In Mumbai, Chennai, Kolkata; Check Latest Petrol, Diesel Rates in Your City

The price of petrol in Bengaluru, Hyderabad, and Bhopal also remains above Rs 100

from Top Business News- News18.com

Air India pilots allowed to fly 2 aircraft types

The airline has welcomed DGCA nod to draw pilots from a common pool for Boeing 777 and 787 jets, but safety experts have underlined the need to exercise utmost caution while permitting flexibility in crew utilisation and demanded strict and third-party oversight on the exercise

from | The Hindu

Natco Pharma unveils additional strengths of generic Revlimid in U.S.

With the launch, the companies have made available all the strengths of lenalidomide in the U.S. market,

from | The Hindu

Tata Motors Subsidiary Tata Technologies Files IPO Papers With Sebi

Tata Technologies Ltd has filed a draft red herring prospectus with Securities and Exchange Board of India to raise funds via initial public offering

from Top Business News- News18.com

India's February Fuel Demand Hit At Least 24-Year High, Shows Data

Consumption of fuel rises over 5% to 4.82 million barrels per day in February, its 15th consecutive year-on-year rise

from Top Business News- News18.com

India's Retail Inflation Likely To Have Slowed In February But Remains Beyond RBI Limit: Report

Rises in food prices, which account for nearly half of the Consumer Price Index basket, likely moderated last month

from Top Business News- News18.com

Sensex, Nifty plunges over 1% as IT, financial shares drop

As many as 45 of Nifty shares traded in the red with Adani Enterprises, HDFC twins, and IndusInd Bank emerging as the biggest losers

from | The Hindu

Stocks to Watch: Reliance, Tata Motors, Wipro, Bank Of Baroda, HAL, and Others

Stocks to watch: Shares of firms like Reliance, Tata Motors, Wipro, Bank Of Baroda, HAL, and others will be in focus on Friday's trade.

from Top Business News- News18.com

Need Money For Business? Don't Take Loan Without Considering These Key Things

Experts suggest a detailed and well-thought-out business plan is essential for securing a loan.

from Top Business News- News18.com

GST: Foreign Tourists May Soon Be Able To Claim Tax Refund On Departure, Says Report

Work on the procedure and rules for refund of GST to foreign tourists will be started soon and could reportedly be implemented early next year

from Top Business News- News18.com

Stock Market Updates: Sensex, Nifty Open Flat; Adani Enterprises Up 5%

Sensex Today: Domestic markets started on a flat note on Thursday, amid mixed global cues as traders bet on rising rate concerns.

from Top Business News- News18.com

Sensex, Nifty decline in early trade

As many as 17 constituents of the Sensex, including Reliance, TCS and HDFC were trading in the negative territory.

from | The Hindu

Pakistan's Honda Atlas shuts production to end-March on import difficulties

The company, a unit of Japanese car giant Honda Motor Co Ltd , said its plant would shut from March 9, 2023, to March 31, 2023.

from | The Hindu

Stocks to Watch: SBI, Bharat Forge, Adani Enterprises, Jubilant Pharmova, and Others

Stocks to watch: Shares of firms like SBI, Bharat Forge, Adani Enterprises, Jubilant Pharmova, and others will be in focus in Thursday's trade.

from Top Business News- News18.com

International Women's Day: Why Women Need A Separate Health Coverage in India

When it comes to purchasing their own health insurance, women trail behind

from Top Business News- News18.com

Elon Musk Apologizes After Mocking Laid-off Twitter Employee

Haraldur Thorleifsson, who until recently was employed at Twitter, logged in to his computer last Sunday to do some work — only to find himself locked out, along with 200 others

from Top Business News- News18.com

SoftBank Founder Masayoshi Son Attends Ritesh Agarwal's Reception, OYO Founder Touches Feet

Masayoshi Son-owned SoftBank is the biggest investor in OYO, which was launched by Agarwal in 2013

from Top Business News- News18.com

Sensex Opens In the Red, Down Over 300 Points; Nifty Below 17,630; Rupee Weakens By 37 Paise

On the BSE, 24 out 30 companies on the Sensex were trading in the red in the early trade

from Top Business News- News18.com

US Fed's Powell Sets The Table for Higher, Possibly Faster Rate Hikes

The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated

from Top Business News- News18.com

Meta Plans Fresh Round Of Layoffs; To Be Finalised Next Week: Report

The second round of layoffs is reportedly being driven by financial targets and is separate from the "flattening" of organisation

from Top Business News- News18.com

Women in tech earn 7% more than men on average but men snag highest salaries

The data is based on 4,000 profiles of IT sector employees who have enrolled with the ed-tech startup Coding Ninjas, but it reflects a persistent global wage gap at the higher levels in the IT sector

from | The Hindu

Bank Holiday: Are Banks in Your City Closed Due to Holi on March 7,8?

Here's a list of the cities in which banks will be closed on March 7, 8 and 9

from Top Business News- News18.com

PM Modi asks India Inc to step up investment

‘There is immense scope for innovation and UPI should become a means of financial inclusion and empowerment for the whole world,’ says PM Modi during the 10th webinar on Budget.

from | The Hindu

Adani Enterprises Exits NSE’s Short-Term ASM Framework After a Month

Adani Enterprises Shares: Adani Enterprises has been removed from the NSE’s short-term additional surveillance measure

from Top Business News- News18.com

Is Stock Market Open Today? Check NSE, BSE, MCX Trading Timing on Holi 2023

Nifty and Sensex will remain closed on Tuesday, March 7 for Holi

from Top Business News- News18.com

NSE, BSE remove Adani Enterprises from short-term ASM framework

The move comes into effect from March 8, according to the circular available with the exchanges

from | The Hindu

Consumption Of Financial Services By Women Low Despite High Awareness, Says Study

Around 78% of women surveyed cited cash withdrawal as the primary reason for visiting a retail store for financial transactions.

from Top Business News- News18.com

UpGrad Subsidiary Lays Off Nearly 120 Employees Or Over 30% of Workforce: Report

It is the second instance of layoffs at an UpGrad-owned subsidiary after about 70 employees were sacked at Harappa Education in December 2022

from Top Business News- News18.com

EPFO Higher Pension: Here's Step-By-Step Guide To Apply on EPFO Portal

All eligible members can opt and apply jointly with their employers for higher pension till May 3, 2023 at unified members' portal of retirement fund body EPFO

from Top Business News- News18.com

Rupee rises 24 paise to 81.73 against U.S. dollar in early trade

At the interbank foreign exchange, the domestic unit opened at 81.85 against the dollar, then climbed to 81.73, registering a rise of 24 paise over its previous close.

from | The Hindu

Stock Market Updates: Sensex Zooms 450 pts, Nifty At 17,700 ; Rupee Opens at 1-Month High

Sensex Today: Sensex, Nifty50 had a positive start at the bourses on Monday, amid improved global sentiments.

from Top Business News- News18.com

Stocks to Watch: LIC, Dish TV, HDFC Bank, CAMS, Samvardhana Motherson, and Others

Stocks to watch: Shares of firms like LIC, Dish TV, HDFC Bank, CAMS, Samvardhana Motherson, and others will be in focus in Monday's trade.

from Top Business News- News18.com

How To Open RBI Retail Direct Account To Invest In G-Sec Market

Promoting retail participation in the G-sec market is beneficial to both the issuer and the investor.

from Top Business News- News18.com

FY'23 Fiscal Deficit: Finance Ministry Monitoring Daily Receipts, Expenses in March

The Centre has set a target of 6.4 per cent for fiscal deficit in the current financial year ending March 31.

from Top Business News- News18.com

India's Russian oil imports hit record high in February; now more than Iraq, Saudi put together

Russia now accounts for more than the combined oil bought from Iraq and Saudi Arabia — India's mainstay oil suppliers for decades.

from | The Hindu

Govt Plans 58 Quality Control Orders To Stop Imports Of Sub-Standard Goods; Check Details

The department for promotion of industry and internal trade (DPIIT) is working hard to promote manufacturing of high quality products in the country.

from Top Business News- News18.com

Mumbai Sees Boom In Property Registrations; Collected Rs 39 cr Revenue Per Day In Feb, Says Report

While rising mortgage rates stretched house purchase affordability, property sales in Mumbai remained buoyant due to robust consumer confidence.

from Top Business News- News18.com

Old Pension Scheme For Select Central Govt Employees, To Get One-Time Option; Check Eligibility

The National Movement for Old Pension Scheme has welcomed the government decision.

from Top Business News- News18.com

Gold Jewellery without Hallmarking can’t be sold from April 1, Check Details

In India, In FY 2022-23, 10.56 crore pieces of gold jewellery were hallmarked.

from Top Business News- News18.com

Indian internet cannot be like Chinese internet: MoS Chandrasekhar

Minister of State Rajeev Chandrasekhar said that no country can dominate the semiconductor supply chain alone when moving away from China

from | The Hindu

Windfall tax on diesel slashed to ₹0.50 per litre, nil on ATF

The government has also cut the tax on export of diesel to ₹0.5 per litre from ₹2.5, and the same on overseas shipments of ATF was cut to nil from ₹1.50 a litre.

from | The Hindu

Delhi-Mumbai Expressway Turning Point for Gurugram's Real Estate Market: Experts

Realty players say the Sohna-Dausa stretch has put housing and commercial markets in Gurugram in the transitional stage of many developments, favouring the real estate sector

from Top Business News- News18.com

Budget 2023 To Give New Growth Energy To Infrastructure Sector: PM Modi

In a post-Budget webinar, PM Modi says the infrastructure development has always been an important pillar in the process of a country's development

from Top Business News- News18.com

Govt Hikes Windfall Tax on Crude Oil, Removes Exports Duty On Jet Fuel

Exports of petrol continues to have zero special additional excise duty

from Top Business News- News18.com

Green initiatives in Andhra Pradesh attract the attention of Bill Gates

Greenko MD Anil Chalamalasetty briefs the Microsoft co-founder Bill Gates about Greenko’s solar project in Andhra Pradesh’s Kurnool at the G20 Summit in New Delhi

from | The Hindu

Shilpa Shetty, Dhoni's 'Names Used' for Credit Cards. Shockingly, Criminals Got Their GST Details on Google

Some of the celebrities whose names were used by the fraudsters include Abhishek Bachchan, Shilpa Shetty, Madhuri Dixit, Emraan Hashmi and Mahendra Singh Dhoni, Deputy Commissioner of Police (DCP) of Shahadra Rohit Meena said.

from Top Business News- News18.com

Stock Market Update: Sensex Rises 400pts, Nifty Above 17,450; SBI Up 5%

Stock Market LIVE Updates: Adani Enterprises, Adani Ports, SBI, Tata Steel and L&T were among major gainers on the Nifty, while losers were Dr Reddy's Laboratories, Sun Pharma, HDFC Life and ICICI Bank.

from Top Business News- News18.com

PAN-Aadhaar Link Not Compulsory For These People

PAN-Aadhaar Link: There are some exemptions to this rule as notified by the government.

from Top Business News- News18.com

Stocks to Watch: Happiest Minds, HPCL, YES Bank, Edelweiss Financial Services, and Others

Stocks to watch: Shares of firms like Happiest Minds, HPCL, YES Bank, Edelweiss Financial Services, and others will be in focus in Friday's trade.

from Top Business News- News18.com

SEBI bans Sadhna Broadcast's promoters, actor Arshad Warsi, others from securities market

Complaints alleged that misleading YouTube videos with false content about the company were uploaded to lure investors

from | The Hindu

Deepinder Goyal Resigns From Board of Urban Company As Blinkit Launching Similar Services

The resignation comes even as Zomato-owned quick commerce company Blinkit is entering the home services category such as chefs and beauticians

from Top Business News- News18.com

Stock Market Update: Sensex, Nifty Open Flat; Broader Indices Outperform; Bajaj Finserv Up 3%

Sensex Today: Indian indices opened flat on March 2 amid mixed global cues. Both benchmark indices opened on a flat note

from Top Business News- News18.com

Explained | Combining social welfare and capital markets through SSE

How does Social Stock Exchange function? How will NPOs and FPOs raise funds through this exchange?

from | The Hindu

Nishad Singh, Indian-Origin Engineer At FTX, Pleads Guilty To Fraud Charges

Nishad Singh is facing federal charges for his role in a multiyear scheme to defraud equity investors in FTX, the crypto trading platform started by Singh along with Samuel Bankman-Fried and Gary Wang.

from Top Business News- News18.com

Moody's maintains stable outlook on Indian banks

"Banks' profitability will stabilise after improving in the past few years as the boost from declines in loan-loss provisions wanes. Banks' capital, funding and liquidity will be stable and supportive of credit growth

from | The Hindu

India's jobless rate rose to 7.45% in Feb.: CMIE

from | The Hindu

Rane Holdings’ stake in Rane Engine Valve goes up

from | The Hindu

India's Adani said to secures $3 bn credit from sovereign wealth fund

The credit line from the sovereign wealth fund could be increased to $5 billion, the sources added.

from | The Hindu

Ready-To-Move-In House Preferred Among Homebuyers Than Under-Construction Property: Study

There was a big jump in terms of people looking to become first-time homebuyers in 2022, the number went up from 41 per cent in 2021 to 75 per cent this year in the survey

from Top Business News- News18.com

As G20 President, India Has Opportunity To Highlight Aadhaar, Digital Finance; Impact Can Be Global: Bill Gates

On the pandemic, Bill Gates says there is a need to develop early-warning systems "on an ongoing basis" to detect new virus, apart from faster diagnostics and vaccine production

from Top Business News- News18.com

Manufacturing growth strong in February despite weak export front: S&P Global PMI

Job growth faltered, but business confidence improved last month

from | The Hindu

Moody’s cuts India’s growth forecast to 6.8%

Moody’s has also raised the growth projection for 2023-24 to 5.5% from the 4.8% rate it had reckoned in November 2022

from | The Hindu

Equity markets climb in early trade after 8 days of fall

Sensex advanced 278.77 points, and Nifty climbed 83.4 points

from | The Hindu

Rupee rises 22 paise to 82.36 against U.S. dollar

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

from | The Hindu

Stock Market Update: Sensex Gains 300 pts, Nifty Above 17,350; Adani Stocks Jump up to 7%

Sensex Today: Domestic markets edged higher on Wednesday, ignoring the muted global cues.

from Top Business News- News18.com

Stocks to Watch: Delhivery, Vedanta, NTPC, Vodafone Idea, Power Grid, and Others

Stocks to watch: Shares of firms like Delhivery, Vedanta, NTPC, Vodafone Idea, Power Grid, and others will be in focus in Wednesday's trade.

from Top Business News- News18.com

LPG Gas Cylinder Price Hike: Cooking Gas Becomes Costlier from Today; New Rates Here

LPG Cylinder Price Hike: The prices of domestic cooking cylinders have been hiked across the country, know latest rates

from Top Business News- News18.com