Sunday 30 April 2023

Byju’s brought more FDI to India than other startups, company in compliance with laws: CEO after ED raid

The Enforcement Directorate on Saturday searched three premises in Bengaluru linked to the company over alleged foreign exchange law violations

from | The Hindu

Commerce Ministry Asks Export Promotion Councils To Work On Targets For 2023-24

India's goods and services exports together touched an all-time high of USD 770 billion last fiscal year.

from Top Business News- News18.com

Rupee Appreciation And Favourable Valuations Drive FPIs' Equity Investment; Check April Data Here

According to data from the depositories, FPIs started the current financial year on a positive note, and invested Rs 11,630 crore in Indian equities in April.

from Top Business News- News18.com

India's Pharma Sector In 2023 And Beyond: Shaping New Paradigm With Innovation And Easier Regulatory Processes

India's pharma industry has progressed by leaps and bounds to turn the country from an importer of drugs to a major exporter.

from Top Business News- News18.com

Big Week Ahead For Investors: Fed Interest Rates, Q4 Earnings, Macro Data; Here's What to Expect

Markets would remain closed on Monday on account of 'Maharashtra Day'.

from Top Business News- News18.com

Petrol, Diesel Prices In India On April 30: Check Rates In Delhi, Kolkata And Other Cities

The petrol price in Delhi remained the same at Rs 96.72 per litre on April 30, while the diesel rate was Rs 89.62 a litre.

from Top Business News- News18.com

Safety concerns over e-pharma put Centre in a spot

The misuse of online pharmacies is a major concern against granting permission to platforms, says a parliamentary panel

from | The Hindu

Saturday 29 April 2023

Mankind IPO Share Allotment on THIS day, How You Can Check Status; Know GMP Today

Mankind IPO: The shares are currently trading at a premium of Rs 88 in the grey market over the upper band of Rs 1,080 a share, at Rs 1,168

from Top Business News- News18.com

Chennai buyers want ready-to-move-in residences, reveals survey

The survey, by CREDAI Chennai, found that in the first quarter of this year, the number of building projects climbed by 94.89% as compared to the first quarter of 2022; unsold inventory in completed projects has declined

from | The Hindu

Petrol, Diesel Prices Today, April 29: Check Latest Fuel Rates In Delhi, Mumbai, Chennai, Other Cities

The petrol price in Delhi remains unchanged at Rs 96.72 per litre on April 29, while the diesel rate was Rs 89.62 a litre

from Top Business News- News18.com

7th Pay Commission: Central Govt Salaries Likely To Increase As DA Likely To Be Hiked By 3-4% From July 1

7th Pay Commission: The Jharkhand government has increased dearness allowance for its employees to 42 per cent from 34 per cent

from Top Business News- News18.com

Crude Prices Up Over 2 Percent on Rising US Oil Demand and Lower Output

U.S. West Texas Intermediate (WTI) crude rose $1.92, or 2.6%, to $76.68

from Top Business News- News18.com

Fed Admits to Failures in Oversight of Silicon Valley Bank Collapse in New Report

The report was one of two published Friday by Federal regulators highlighting recent issues with US oversight of the banking sector

from Top Business News- News18.com

Govt. names Siddhartha Mohanty as LIC chairperson and first CEO

Company veteran will become the insurer’s maiden chief executive at a time when it has to cope with intensified market competition and heightened shareholder scrutiny after it went public last year

from | The Hindu

Friday 28 April 2023

Rupee rises 4 paise to 81.75 against US dollar

Forex traders said the rupee is trading in a narrow range,

from | The Hindu

Stocks to Watch: Wipro, Axis Bank, Tech Mahindra, ACC, UltraTech, SBI Cards, and Others

Stocks to watch: Shares of firms like Wipro, Axis Bank, Tech Mahindra, ACC, UltraTech, SBI Cards, and others will be in focus on Friday's trade.

from Top Business News- News18.com

iPad Gift For 21,000 Staff: IT Firm Celebrates $1 Bn Revenue Milestone With Entire Workforce

The company’s Q4FY23 profit went down to Rs 116.7 crore from Rs 244.8 crore in the corresponding quarter last year.

from Top Business News- News18.com

Nirmal Lifestyle's Dharmesh, Rajiv Jain Arrested For Duping Homebuyers

The complaint states that homebuyers made booking for flats in 2011 and paid the amount for the same, however, neither the project began nor were they given possession of any house

from Top Business News- News18.com

US Dollar Edges Higher as GDP, Jobless Claims Affirm Rate Hike Bets

Economists polled by Reuters had forecast GDP rising at a 2.0% rate

from Top Business News- News18.com

Oil Steadies After Russia Says Global Oil Markets in Balance

Russian Deputy Prime Minister Alexander Novak said OPEC+ does not see the need for further oil output cuts but is always able to adjust its policy

from Top Business News- News18.com

US Stocks Rally Amid Strong Earnings and Signs of Dampening Economy

The S&P 500 and the Dow have set a course for their largest daily percentage gain since early January

from Top Business News- News18.com

Thursday 27 April 2023

Petrol, Diesel Fresh Prices Announced: Check Fuel Rates in Chandigarh, Mumbai, Other Cities

In Delhi, petrol costs Rs 96.65 per litre. On the other hand, diesel is priced at Rs 89.82 per litre.

from Top Business News- News18.com

Oil Drops Nearly 4 Percent as Recession Fears Outweigh US Inventory Draw

Oil prices fell more than 2 percent on Tuesday as lingering economic concerns and expectations of further interest rate hikes

from Top Business News- News18.com

Yuan Surpasses Dollar as China’s Most Used Cross-Border Currency

Cross-border payments and receipts in yuan rose to a record $549.9 billion in March from $434.5 billion a month earlier

from Top Business News- News18.com

Wednesday 26 April 2023

Markets fall in early trade on weak trend in U.S. equities, foreign fund outflows

The 30-share BSE Sensex declined 54.08 points to 60,076.63 points while the broader NSE Nifty fell 24 points to 17,745.25 points.

from | The Hindu

Stock Market Updates: Sensex Flat, Nifty Above 17,750; RVNL Jumps 8%

Sensex Today: Indian indices opened flat on April 26 amid weak global cues

from Top Business News- News18.com

Rupee falls six paise to 82.01 against U.S. dollar

At the interbank foreign exchange, the domestic unit opened weak at 82.00 against the dollar, then fell to 82.01, registering a decline of six paise over its last close.

from | The Hindu

Is Your Bank Account Linked To Aadhaar? Find Out With This Hassle-Free Online Check

Aadhaar-Bank Link Status: You can also check your Aadhaar and bank account linking status by logging into your net banking account.

from Top Business News- News18.com

US Stocks Fall and Treasury Yields Drop as Recession Fears Intensify

All three major indexes were deep in negative territory, with tech and tech-adjacent momentum shares dragging the Nasdaq down about 1.7 percent.

from Top Business News- News18.com

Air India pilots petition Ratan Tata over new employment terms

Seeking intervention of the airline’s chairman emeritus, they say they are not being treated with ‘respect and dignity’

from | The Hindu

Tuesday 25 April 2023

Is Small Finance Bank Safe For FD? Know These 8 Ways To Check

A small finance bank’s Net Stable Funding Ratio denotes its resilience in the long term. Banks must have a minimum NFSR of 100 percent, as per the RBI.

from Top Business News- News18.com

OPEC+ Supply Cuts and Chinese Demand Outlook Could Lift Oil Prices

Last week, both contracts fell more than 5% for their first weekly declines in five as U.S. implied gasoline demand fell from a year earlier

from Top Business News- News18.com

Gold Prices Hold Steady as Traders Await Key US Economic Data

The U.S. dollar eased 0.5%, making the greenback-priced bullion more appealing to overseas buyers

from Top Business News- News18.com

Monday 24 April 2023

Sensex, Nifty rise in early trade

In the Sensex pack, 13 stocks were trading in the green, while the remaining 17 shares were in the negative territory.

from | The Hindu

Louis Vuitton's Bernard Arnault Auditions His Children, Takes Opinion To Run Luxury Empire

Earlier this year, Bernard Arnault had brushed away questions about his succession with a joke.

from Top Business News- News18.com

Rupee moves in narrow range against U.S. dollar in early trade

At the interbank foreign exchange, the rupee opened at 82.08 against the dollar

from | The Hindu

Stock Market Updates: Sensex Rises 200 pts, Nifty Above 17,650; Key Points to Know

Indian indices opened higher on April 24 with Nifty around 17,700.

from Top Business News- News18.com

Petrol, Diesel Prices Announced Today: Check Fuel Rates in Hyderabad, Patna, Other Cities

Check the latest petrol, and diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on April 24, 2023

from Top Business News- News18.com

Sunday 23 April 2023

Broadband statistics fail to reflect 2Mbps redefinition

Even though the telecom department quadrupled the defined speed of broadband to 2Mbps, the official statistics on broadband show increasing numbers

from | The Hindu

Salman Khan Not Restrained By NCLAT From Taking Over His Mumbai Property: Report

The coffee company had approached the appellate tribunal as Salman Khan was seeking to terminate the lease agreement with effect from April 30, 2023.

from Top Business News- News18.com

Noida's Unsold Housing Stocks Fall 7% To 6,843 Units, Says Report; Check Status Of 13 Other Cities

Unsold housing stocks in Navi Mumbai fell 9 per cent to 31,735 units from 34,883 units, while in Mumbai by 8 per cent to 62,735 units from 68,310 units.

from Top Business News- News18.com

Beware! Fraudsters Dupe Gurugram Woman Of Rs 11 Lakh On Pretext Of WFH Job; Know Key Details

Verma was told that she would be given tasks that included subscribing to YouTube channels.

from Top Business News- News18.com

Petrol, Diesel Prices On April 23: Check Latest Rates In Delhi, Mumbai And Other Cities

Oil Marketing Companies change fuel retail prices every day at 6 am

from Top Business News- News18.com

Is Mahila Samman Savings Certificate Eligible For Tax Rebate? All You Need To know

Mahila Samman Savings Certificate scheme account can be closed prematurely in case of the death of the account holder.

from Top Business News- News18.com

Saturday 22 April 2023

India's forex reserves rise by $1.657 billion, reach 9-month high

Last week, the overall reserves surged by $6.306 billion to $584.755 billion.

from | The Hindu

Form 26AS Online: How To Download Your Tax Credit Statement?

Form 26AS can be accessed online through the Income Tax Department's website by logging in to your account.

from Top Business News- News18.com

Do You Love Travelling? Know Why Travel Insurance Is Important

Travel Insurance not only covers your health but also provides various other travel related benefits like delay/loss of checked-in baggage etc..

from Top Business News- News18.com

Google CEO Sundar Pichai Earned $226 Million In 2022 Amid Layoffs

Early this month, hundreds of Google employees staged a walkout at the company's London offices following a dispute over layoffs.

from Top Business News- News18.com

Petrol, Diesel Prices Today: Check Latest Rates On April 22 In Delhi NCR And Other Cities

Oil Marketing Companies (OMCs) change fuel retail prices every day at 6 am in accordance with the global crude movement.

from Top Business News- News18.com

Dow Jones, S&P 500 and Nasdaq Close Slightly Higher on Benign Note

Stocks traded within a narrow range for most of the day, extending a choppy period in a week with few major economic releases

from Top Business News- News18.com

Procter & Gamble Raises Sales Outlook after Beating Q3 Earnings Estimates

The earnings results offer encouraging signs about the resiliency of the consumer ahead of reports next month from major retailers

from Top Business News- News18.com

Credit Suisse Bondholders Seek Redress for Their Wiped-Out Debt

The order by the Swiss Financial Market Supervisory Authority (FINMA) infuriated bondholders, who are typically better protected than shareholders

from Top Business News- News18.com

Friday 21 April 2023

Markets climb in early trade on buying in Reliance Industries, IT stocks

The 30-share BSE Sensex climbed 134 points to 59,766.37 in early trade. The broader NSE Nifty advanced 36.4 points to 17,660.85.

from | The Hindu

Rupee gains 1 paisa to 82.16 against U.S. dollar

Forex traders said downward movement of crude oil prices also supported the local unit

from | The Hindu

Stock Market Updates: Sensex Up 100 pts, Nifty Above 17,650; HCL Tech Rises 3%

Indian indices opened flat with positive bias on April 21 amid weak global cues.

from Top Business News- News18.com

Petrol, Diesel Prices Today: Fuel Rates Revised in NCR. Check Latest Rates in Your City

Check the latest petrol, and diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on April 21, 2023

from Top Business News- News18.com

RBI Guv to Meet Board Members of PSU Banks to Address Governance, Ethics Issues on May 22

Das will address the directors, both whole time and independent, on issues related to governance, ethics, and the role of the boards in assurance functionalities of the banks, besides highlighting the supervisory expectations

from Top Business News- News18.com

BuzzFeed to Close News Operation, Lays Off 15% of Staff; CEO Peretti Says Could've Reacted Better to Challenges

The company cited challenges including recession in the tech sector and the struggling stock market, with CEO Jonah Peretti admitting he was partly at fault for the closure

from Top Business News- News18.com

Thursday 20 April 2023

Rupee rises 9 paise to 82.16 against U.S. dollar in early trade

Brent crude futures, the global oil benchmark, declined 1% to $82.29 per barrel.

from | The Hindu

'Amazon Business' 30% Customers, 50% Sellers Are From Small Towns In India': Director Suchit Subhas | Interview

Amazon Business Director Suchit Subhas in an interview says about a third of its customers and orders come from tier 2 and tier 3 towns, and meeting customer needs will remain its focus

from Top Business News- News18.com

Stock Market Updates: Sensex Flat, Nifty Above 17,600; ICICI Securities Down 5%

Sensex Today: Indian benchmark indices steadied themselves on Thursday as investors assessed Q4 earnings and global cues

from Top Business News- News18.com

What Happens If You Fail To Choose Your Tax Regime? CBDT Notice Explains

Income Tax: The government has brought in some changes to the new tax regime to make it more attractive to taxpayers.

from Top Business News- News18.com

Petrol Price Above Rs 100 in Hyderabad, Kolkata Today; Check Fuel Rates in Your City

In Hyderabad, the petrol was priced at 109.66 while in Uttar Pradesh's capital Lucknow, it was Rs 96.57

from Top Business News- News18.com

Fed Reports Decline in US Lending and Loan Demand Amid SVB Collapse Fallout

The conditions in New York's financial sector "deteriorated sharply coinciding with recent stress in the banking sector," according to the Book

from Top Business News- News18.com

Wednesday 19 April 2023

Stock Market Updates: Sensex Trades Flat, Nifty Below 17,650; Infosys Down 2%

Sensex Today: Indian indices opened on a flat note on April 19 on the back of mixed global cues

from Top Business News- News18.com

Rupee falls 7 paise to 82.11 against U.S. dollar

Forex traders said foreign fund outflows and strengthening of the American currency in the overseas market dented investor sentiments

from | The Hindu

Planning for Retirement? 5 Investment Schemes That Will Offer Regular Income

To enjoy retirement, you need to first ensure that there remains a steady income source even after you have left your job

from Top Business News- News18.com

Gold Rebounds Above $2,000 on Fed Rate Hike Pause Speculation

Spot gold was up 0.5 percent at $2,005.41 per ounce by 1:41 p.m. EDT (17:41 GMT), after hitting a two-week low of $1,981.19 in the previous session

from Top Business News- News18.com

Tuesday 18 April 2023

Gold Price Today: Yellow Metal Inches Higher As Investors Eye Fed Meet; Check Latest Rates

In India, gold is among the most prominent symbol of wealth and prosperity.

from Top Business News- News18.com

Meet Dhingra Brothers: Who Bought Vijay Mallya Company And Made It Rs 56,000 Cr Business

The Dhingra Brothers are one of the richest families in India.

from Top Business News- News18.com

Markets rebound after taking heavy beating in previous trade

Among the Sensex firms, Tata Motors, HCL Technologies, IndusInd Bank, Maruti, Nestle, Infosys, Kotak Mahindra Bank and Bajaj Finserv were the gainers

from | The Hindu

Rupee rises 1 paisa to 82 against U.S. dollar

Forex traders said the upward trend in crude prices and outflow of foreign funds from equities market restricted the gain in the local unit

from | The Hindu

Akshata Murty Losses Over Rs 500 Crore in One Day As Infosys Shares Tumble 9.4%; Details

UK Prime Minister Rishi Sunak’s wife Akshata Murty experienced a paper loss of approximately £49 million; Read details here

from Top Business News- News18.com

Petrol, Diesel Fresh Prices Announced: Check Fuel Rates in Delhi, Chennai, Other Cities

This week petrol grew dearer by 23 paisa to Rs 102.86 in Chennai, while diesel was hiked by Rs 0.22 to Rs 94.46 per litre.

from Top Business News- News18.com

Monday 17 April 2023

Rupee falls 12 paise to 81.97 against U.S. dollar

At the interbank foreign exchange, the domestic unit opened at 81.90 against the dollar, then fell to 81.97, registering a decline of 12 paise over its last close

from | The Hindu

Stock Market Updates: Sensex Tanks Over 500 pts, Nifty Below 17,700; Infosys Down 10%

Weak March quarter results by Infosys, coupled with downbeat global sentiment, put equity markets under pressure on Monday morning.

from Top Business News- News18.com

Sunday 16 April 2023

U.S. emerges as India's biggest trading partner in FY23 at $128.55 bn; China at second position

Exports to the U.S. rose by 2.81% to $78.31 billion in 2022-23 as against $76.18 billion in 2021-22, while imports grew by about 16% to $50.24 billion

from | The Hindu

Success Story Of McDonald's: From $366 First Day Sale To Global Footprint Of Billions In Revenue

The food-giant registers huge numbers in terms of sales and revenue. But do you know what was the first day sales of McDonald's?

from Top Business News- News18.com

Will Your Aadhaar Number Get Changed After Address Update?

The Unique Identification Authority of India is responsible for maintaining the Aadhaar database and issuing Aadhaar numbers.

from Top Business News- News18.com

Market This Week: Inflation Data, Earnings, Global Trends To Guide Movement; What Analysts Say

Wholesale Price Index (WPI) inflation data for March would be released on Monday.

from Top Business News- News18.com

HDFC Bank To Raise Rs 50,000 Cr Via Bonds

The decision in this regard was taken in the board meeting during the day, HDFC Bank said in a regulatory filing.

from Top Business News- News18.com

From PF Settlement, Pension To Nomination: 5 Types Of Provident Fund Forms

EPFO has several forms that cater to the different needs of the employees.

from Top Business News- News18.com

Saturday 15 April 2023

India will stay on course; projected to grow at 7% in 2022-23: FM Sitharaman

Both the IMF and World Bank project India to be the fastest-growing major economy in 2023, the Finance Minister said

from | The Hindu

ChatGPT: From Healthcare To Banking, These Sectors Can Benefit Most From AI Chatbots

ChatGPT can help businesses become more customer-centric through personalisation, which is fundamental to meeting customer expectations and driving better business outcomes

from Top Business News- News18.com

Petrol And Diesel Prices For April 15: Check Fuel Rates In Your City Here

In Delhi, petrol is valued at Rs 96.65 per litre, while diesel costs Rs 89.82 per litre

from Top Business News- News18.com

TCS Salary Hike: Top-Performing Employees Likely To Get 12-15% Increment, Rest Up To 8%, Says Report

TCS employees might also get 100 per cent variable payout for the recent quarter

from Top Business News- News18.com

HDFC Q4 Result To Be Out Today: Net Profit Likely To See Nearly 22% Growth, NII May Jump 30%

HDFC Bank Q4 Results: The lender is likely to post strong double-digit growth, around 22 per cent, in net profit amid healthy loan growth and better business

from Top Business News- News18.com

FM Sitharaman meets her Indonesian counterpart Mulyani Indrawati

Indonesian PM Mulyani Indrawati extended her support to India's presidency of the G-20 and "agreed to collaborate on areas important for emerging market developing economies"

from | The Hindu

Friday 14 April 2023

Apple continuously expanding business operations in India, says Piyush Goyal

“We hand-hold them, because in a way, the eyes of the whole world are fixed on Apple,” the Union Minister said when asked about Apple’s plan to start full-fledged manufacturing unit in India

from | The Hindu

PAN Aadhaar Linking: Check This Latest Update In Form Before Paying Rs 1,000 Late Fees

For the payment of late fees of Rs 1,000, now you will have to select AY 24-25 and the type of payment as Other Receipts (500)

from Top Business News- News18.com

Viacom18 Completes Partnership Deal with Reliance, Bodhi Tree Systems & Paramount Global; Details

Viacom18 said that Paramount Global will continue as a shareholder and supply Viacom18 its premium global content.

from Top Business News- News18.com

Amazon Shareholder Proposals Hit a Record for Second-Consecutive Year

The proposals cover a variety of topics including a request to change Amazon’s executive compensation package

from Top Business News- News18.com

Thursday 13 April 2023

Apple Stores In BKC, Saket: Delhi Store Much Smaller Than Mumbai, Still Has Almost Same Rent

While Apple's BKC store in Mumbai is paying Rs 42 lakh a month, the Saket store has an agreement to pay Rs 40 lakh.

from Top Business News- News18.com

Infosys Q4 Preview: Revenue, Net Profit Growth To Be Muted Amid Weak Financial Services Demand

Infosys is set to announce its financial results for the fourth quarter ended March 2023 (Q4 FY23) on Thursday after the market hours

from Top Business News- News18.com

Rupee rises 18 paise to 81.93 against U.S. dollar in early trade

The dollar index rose 0.06% to 101.55

from | The Hindu

Markets fall in early trade after 8 days of rally

Sensex fell 164.66 points in early trade. Nifty declined 44.45 points

from | The Hindu

Stock Market Updates: Sensex Down 100 pts, Nifty Below 17,800; IndusInd Bank Sheds 3%

Stock market live: Equity markets started on a tepid note on Thursday tracking weakness across their global peers

from Top Business News- News18.com

Stocks to Watch: Infosys, TCS, Maruti Suzuki, Britannia, Indian Oil, RVNL, and Others

Stocks to watch: Shares of firms like Infosys, TCS, Maruti Suzuki, Britannia, Indian Oil, RVNL, and others will be in focus on Thursday's trade.

from Top Business News- News18.com

Wednesday 12 April 2023

Explained | How have recent weather events affected wheat crop?

Why is the Union government insisting that the wheat output would not be affected by the recent rains?

from | The Hindu

Stock Market Updates: Sensex Flat Ahead of CPI, IIP Data; Nifty holds 17,700; Key Points

Sensex Today: Broader indices, which include Nifty Midcap 100 and Nifty Smallcap 100 indices, however, outperformed benchmark indices

from Top Business News- News18.com

FM Nirmala Sitharaman, IMF’s Gita Gopinath meet in U.S., discuss debt vulnerabilities

Union Finance Minister Nirmala Sitharaman is leading a high-powered Indian delegation to attend the annual Spring Meeting of the IMF and the World Bank

from | The Hindu

Stocks to Watch: TCS, Varun Beverages, HDFC Bank, ONGC, LIC, and Others

Stocks to watch: Shares of firms like TCS, Varun Beverages, HDFC Bank, ONGC, LIC, and others will be in focus on Wednesday's trade.

from Top Business News- News18.com

IMF Lowers India's Growth Projection to 5.9 Percent for Current Fiscal but Fastest-Growing Economy Tag Remains

IMF also lowered the forecast for 2024-25 fiscal (April 2024 to March 2025) to 6.3 per cent from the 6.8 per cent it had predicted in January this year

from Top Business News- News18.com

Sitharaman Meets Treasury Secretary Yellen in Washington; Discusses Strengthening India-US Economic Ties

Sitharaman, who is leading a high-powered delegation, met Yellen on the sidelines of the World Bank and IMF Spring Meetings 2023

from Top Business News- News18.com

Monday 10 April 2023

Why Health Insurance Cover Above Rs 5 Lakh Is Rising Among Customers?

Policybazaar findings revealed a positive shift in consumer awareness regarding health insurance.

from Top Business News- News18.com

Rupee rises 24 paise to 81.78 against U.S. dollar

At the interbank foreign exchange, the domestic unit opened at 81.90 against the dollar, then climbed to 81.78, registering a rise of 24 paise over its previous close

from | The Hindu

Loans Above Rs 75 Lakh To Get Costlier As RBI's Pandemic Relaxation Ends

The RBI in October 2020 rationalised the risk weighting by reducing it to nil for loan-to-value (LTV) of loans above Rs 75 lakh

from Top Business News- News18.com

Stock Market Updates: Sensex Gains 150 pts, Nifty Above 17600; Tata Motors Rallies 5%

Sensex Today: Domestic markets opened on a firm note in Monday's trade, amid mixed global cues

from Top Business News- News18.com

Market This Week: Q4 Results, FIIs, Global Cues, and Other Factors to Watch Out For

Trading in the Indian market will be closed on April 14 on the occasion of Dr Baba Saheb Ambedkar Jayanti.

from Top Business News- News18.com

Stocks to Watch: Titan, Tata Motors, Adani Wilmar, Vedanta, ONGC, and Others

Stocks to watch: Shares of firms like Titan, Tata Motors, Adani Wilmar, Vedanta, ONGC, and others will be in focus on Monday's trade.

from Top Business News- News18.com

Ukraine War: Curbs on Russian Oil Products Redraw Global Shipping Map

Due to the ban on Russian fuel, tankers carrying clean oil products are traveling between 16 and 18 days to bring Russian supplies to Brazil

from Top Business News- News18.com

Sunday 9 April 2023

Adani Group brand custodian Aman Kumar Singh resigns from NDTV board

Aman Kumar Singh, a former Indian Revenue Service Officer, was a powerful bureaucrat in the Raman Singh-led BJP Government in Chhattisgarh and was the principal secretary to the Chief Minister

from | The Hindu

Gold imports dip 30% to $31.8 billion in April-February 2023

Imports of the gold stood at $45.2 billion in the corresponding period of 2021-22

from | The Hindu

How to Check EPF Balance? Here's The Step-By-Step Guide

EPF members can check their PF last contribution and overall balance through missed call, SMS and UMANG App

from Top Business News- News18.com

7th Pay Commission Update: More Salary Hike For Employees Likely In July As DA To Be Hiked 4%; New Formula

DA and DR are revised twice a year — January and July; reports say the DA hike in July is likely to be based on a revised formula for calculation

from Top Business News- News18.com

Want To Invest In Property With Fractional Ownership? Here's the Option

hBits has launched commercial property worth Rs 42 crore through its platform; offering entry yield of 10% gross per year in fractional ownership

from Top Business News- News18.com

World Bank could lend $50bn more over decade with reform: Yellen

She added that there needs to be a recognition that these challenges aren't separate or conflicting but rather, inextricably linked.

from | The Hindu

Networks, content players diverge on converged norms

Traditional broadcasting and telecom companies say they are being undercut by unregulated digital players, who, in turn, argue that different approaches are needed to regulate content, and its carriers

from | The Hindu

FM leaves for U.S.; to host G20 meeting and attend IMF, World Bank meetings

Ms. Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das will jointly chair the second G20 FMCBG meeting on April 12-13, 2023.

from | The Hindu

Saturday 8 April 2023

Banks sanction ₹23.2 lakh crore to about 41 crore beneficiaries under Mudra Yojana

Pradhan Mantri MUDRA Yojana was launched on April 8, 2015, by PM Modi to facilitate easy collateral-free micro-credit of up to ₹10 lakh to non-corporate, non-farm small and micro-entrepreneurs for income-generating activities.

from | The Hindu

Pradhan Mantri Mudra Yojana: Rs 23.2 Lakh Cr Sanctioned To About 41 Cr Beneficiaries, Check Latest Details Here

Loans under PMMY are provided by banks, non-banking financial companies (NBFCs), microfinance institutions (MFIs) and other financial intermediaries.

from Top Business News- News18.com

Worried About Finances? You're Not Alone, 63% Indians To Cut Non-Essential Spending, PwC Survey

Consumers are planning to reduce their spending across all surveyed retail categories over the next six months.

from Top Business News- News18.com

Income Tax Benefits Comparison: Senior And Super Senior Citizens Should Know This Before Filing ITR

Senior citizens are those individuals who belong to the age groups of 60 years and above, but below 80 years.

from Top Business News- News18.com

CNG, PNG Gets Cheaper In Delhi And Mumbai; Rate Cuts Announced As Per New Pricing Formula, Check Full Details

The capped rates which are about a quarter less than the current prices, will lead to CNG and piped cooking gas prices being cut by up to 10%.

from Top Business News- News18.com

US Economy Adds 236,000 Jobs Despite Fed's Rate Hikes

The unemployment rate fell to 3.5%, just above the 53-year low of 3.4% set in January

from Top Business News- News18.com

Hyundai a symbol of India-South Korea ties: Jaishankar

External Affairs Minister says bilateral relations embraced a wide array of factors like economic, political, culture and people-to-people ties

from | The Hindu

Tax paid by senior citizens surges to over ₹1 lakh crore

While personal income tax flows have grown at a faster pace of around 24% vis-a-vis corporate taxes (up 16.9%) through 2022-23, the growth in revenues from senior citizens is far higher.

from | The Hindu

Friday 7 April 2023

Web Portal On Unclaimed Deposits: RBI's Move To Help Rs 35,000-Crore Accounts

Currently, the depositors or beneficiaries of unclaimed bank deposits of 10 years or more have to go through the websites of multiple banks to locate such deposits

from Top Business News- News18.com

Are Banks Closed on Good Friday? Check Out List of Cities to be Closed on April 7

Public and private sector banks will remain closed tomorrow, April 7 on the account of Good Friday in some states

from Top Business News- News18.com

India, China to Account for Half of Global Economic Growth in 2023, Says IMF Chief

International Monetary Fund managing director warned that a sharp slowdown in the world economy last year following the pandemic and Ukraine conflict

from Top Business News- News18.com

US Retail Giant Walmart to Add EV Chargers to Thousands of Stores

Electric vehicles accounted for 5.8 percent of the US market for new vehicles in 2021, up from 3.2 percent in 2021, according to Cox Automotive

from Top Business News- News18.com

Explained | Why is Japan circumventing sanctions on Russian oil? 

Why did the West impose a price cap on Russian oil? Will other countries follow Japan’s example? 

from | The Hindu

CNG, Piped Cooking Gas to Cost 10% Less As Centre Revises Gas Pricing Formula

Following the decision, the CNG price in Delhi will be cut from Rs 79.56 per kg to Rs 73.59 and CNG will cost Rs 79 per kg instead of Rs 87 in Mumbai

from Top Business News- News18.com

Thursday 6 April 2023

RBI keeps repo rate unchanged at 6.5%

RBI Governor Shaktikanta Das said despite the decision to pause a rate hike, the MPC would not hesitate to raise it in the future

from | The Hindu

RBI Pauses Repo Rate At 6.50% After 6 Consecutive Rate Hikes Since May 2022; FY24 Inflation Revised Down To 5.2%

RBI Governor Shaktikanta Das says the global economy is witnessing a renewed phase of turbulence with fresh headwinds from the banking sector turmoil in advanced economies

from Top Business News- News18.com

Amazon to Close Global Online Book Store After Two Decades

The Book Depository which was founded in the United Kingdom in 2004, sells over 20 million books

from Top Business News- News18.com

Wednesday 5 April 2023

PPF April 5 Deadline: Deposit Your Contribution Today To Get Most Returns; Here's Why

The PPF interest rate is calculated based on the minimum balance between the fifth day of the month and the last day of the month

from Top Business News- News18.com

Services growth eased in March: S&P Global PMI

No fresh hires by 98% of surveyed firms; optimism drops to 8-month low

from | The Hindu

Forbes' Billionaire List 2023: Elon Musk No Longer World's Richest Person, LV's Bernard Arnault Overtakes

Forbes says no one had a better year than Bernard Arnault, who is No. 1 on the World's Billionaires list for the first time; record sales and profits have driven shares of his luxury goods leviathan LVMH to new heights

from Top Business News- News18.com

Britannia Declares Interim Dividend at Rs 72/share; Record Date, Other Key Things to Know

Britannia board has declared the payment of a whopping 7200 per cent dividend per share

from Top Business News- News18.com

Stocks to Watch: ONGC, HCL Tech, IndusInd Bank, Britannia, HDFC Bank, and Others

Stocks to watch: Shares of firms like ONGC, HCL Tech, IndusInd Bank, Britannia, HDFC Bank, and others will be in focus on Wednesday's trade.

from Top Business News- News18.com

Tuesday 4 April 2023

RBI MPC: Meet Starts Amid Rate Change Expectations, Experts See It As 'Last Hike'

RBI has already increased the repo rate by a total of 250 basis points since May 2022 in a bid to contain inflation.

from Top Business News- News18.com

Meet JP Taparia; Man Who Bought India's Most Expensive Triplex In Mumbai For Rs 369 Cr

Reportedly, brokers said this is likely the most expensive residential property deal in the country.

from Top Business News- News18.com

Milk imports soar as lumpy skin disease hits cattle stock

India could allow duty-free imports of milk to calm domestic prices that have hit record highs

from | The Hindu

Digital services at SBI restored after a 'technical glitch'

According to customers, all the online services offered by the SBI were reportedly down due to problems in the bank's servers since morning

from | The Hindu

Aadhaar, PAN Mandatory For PPF, Sukanya Samriddhi Yojna, Other Small Saving Schemes

Permanent account number (PAN) and Aadhaar have become mandatory for investing in small savings schemes

from Top Business News- News18.com

Stock Market Holiday: Are BSE, NSE, MCX Closed Today Due to Mahavir Jayanti? Know More

Indian equity benchmarks would remain closed on Tuesday and also on Friday in this holiday-shortened week

from Top Business News- News18.com

Tribunal approves acquisition of Karaikal Port by Adani Ports and Special Economic Zone

The Karaikal Port was commissioned in 2009, and was developed in the Karaikal district of the Union Territory of Puducherry

from | The Hindu

Monday 3 April 2023

McDonald's To Temporarily Shut Its US Offices This Week: Report

McDonald's will communicate key decisions related to roles and staffing levels across the organisation this week

from Top Business News- News18.com

Indian IT sector revenue likely to plunge 700-900 basis points in fiscal 2024: Report

The estimated growth will follow a strong 18-20% growth expected in fiscal 2023, supported by a sharp depreciation of 7-8% in the rupee and 19% in fiscal 2022

from | The Hindu

Stock Market Updates: Sensex Rises 120 pts, Nifty Above 17,350; Eicher Motors Gains 2%

Sensex Today: Indian equity indices opened on positive note on April 3 with Nifty above 17,400.

from Top Business News- News18.com

Government stays with export curbs on petroleum

The restrictions were first put in place in July 2022, along with the levy of windfall taxes on the profits of oil producers, amid a surge in international oil prices after the Russia-Ukraine conflict broke out

from | The Hindu

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others

Stocks to watch: Shares of firms like Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and others will be in focus on Monday's trade.

from Top Business News- News18.com

Sunday 2 April 2023

GST Cancellation Revocation: After Paying Taxes, Penalty, Businesses Can Apply Revocation By Jun 30

The finance ministry has made amendments in the Central GST act specifying that businesses whose registration have been cancelled on or before December 31, 2022.

from Top Business News- News18.com

Royal Enfield plans assembly operations in Nepal, Bangladesh, to strengthen international presence: CEO B. Govindarajan

In the North American region, where the company started its journey with its own subsidiary in the last couple of years, it has gained a market share of almost about 8.1%.

from | The Hindu

Central Coalfields Limited registers record output at 76.09 mt in FY23

The Jharkhand-based CIL arm achieved a record off-take at 75.03 mt during the last financial year

from | The Hindu

March sees second highest GST collection of ₹1.6 lakh crore

Second-highest monthly collection lifts 2022-23 GST revenues past ₹18 lakh crore, 22% over last year; returns filed by taxpayers during March were also the highest ever, indicating an uptick in compliance

from | The Hindu

Bank Holidays In April 2023: For 15 Days Banks Are Closed; Check Full List Here

The month of April will witness a number of bank holidays. In total, banks in India will be closed for a total of 15 days in this month, including weekends.

from Top Business News- News18.com

RBI MPC Decision, Global Trends To Drive Markets This Week; Know What Analysts Say

Equity markets will remain closed on Tuesday for 'Mahavir Jayanti' and on Friday on account of 'Good Friday'.

from Top Business News- News18.com

Mahila Samman Savings Certificate 2023: Govt Scheme Available In Post Offices; Know Key Benefits Here

Mahila Samman Savings Certificate offers a fixed interest of 7.5% interest compounded quarterly.

from Top Business News- News18.com

India Has Robust System, Giving Confidence To Overseas Investors: FM Nirmala Sitharaman

Sitharaman stressed the need for interchange of views and exchange of suggestions between technical and judicial members.

from Top Business News- News18.com

Saturday 1 April 2023

India's Forex Reserve Jumps $5.6 Billion To $578 Billion; $17 Billion Added In March Alone

India's gold reserves jump $1.37 billion to $45.48 billion in week ended March 24; SDRs are up by $201 million to $18.419 billion

from Top Business News- News18.com

US Regulator Seeks Sale of Silicon Valley Bank, Signature Bank Portfolios: Report

The portfolios are comprised of low-yielding assets, such as Treasuries and U.S. government agency-backed securities, that the two regional banks amassed while interest rates were close to zero

from Top Business News- News18.com

LPG Cylinder Price Cut By Rs 91.50 In Delhi; 19-Kg Commercial Cylinder Becomes Cheaper; Know Rates

A 19-kg commercial cylinder will now cost Rs 2,028 from Saturday in Delhi

from Top Business News- News18.com

Elon Musk seeks to end $258 billion Dogecoin lawsuit

In a footnote, the lawyers also rejected the investors' claim that Dogecoin qualified as a security

from | The Hindu

Government vows swifter nod for exporters

New foreign trade policy aims at tripling goods and services exports by 2030; apart from a one-time amnesty, no major schemes announced

from | The Hindu

Bank FD Vs Small Savings Schemes: Which Gives More Returns? PPF, NSC, SSY Latest Interest Rates

Government also raised interest rates on small savings schemes such as NSC, SSY and post office deposits by up to 70 bps

from Top Business News- News18.com