SBI, ICICI Bank, HDFC Bank Pay These Returns On Fixed Deposits Now

Commercial lenders - from the likes of State Bank of India (SBI), HDFC Bank and Kotak Mahindra Bank - currently provide a slew of maturity options for retail fixed deposits, which are fixed deposits...

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Agriculture, Tractor Loans Not Part Of Government's Relief Scheme

The benchmark rate applicable for such relief would be the contract rate, which is used by the credit card issuers for the purpose of EMI loans, according to the Finance Ministry.

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Gold Gains By Over Rs 250 To Reclaim Rs 50,800 Mark

Silver also witnessed increased buying, gaining by Rs 1,623 to Rs 60,700 per kg from Rs 59,077 per kg in the previous trade.

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Jewellers Gear Up For Next Festival As Gold Sales Pick Up

In Singapore, premiums of $0.80-$1.30 an ounce were charged over international spot prices.

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Gold Price Today: Domestic Gold Futures Jump To Rs 50,700 Mark

Gold Price In India Today: Domestic spot gold closed at Rs 50,840 per 10 grams on Thursday excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA).

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Taxman Refunds Rs 1.27 Lakh Crore Through Automated System

According to the Department of Revenue, the Ministry of Finance, this has been done to ensure that business get liquidity in this difficult time.

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ICICI Bank July-September Profit Jumps Over Six Times To Rs 4,251 Crore

ICICI Bank had reported a net profit of Rs 654.96 crore in the quarter ended September 30, 2019.

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Amazon Tells Sebi Its Partner Future Retail Is Misleading Public: Report

Future Group in August sold its retail assets to Reliance Industries for $3.4 billion. The deal, Amazon alleges, breaches 2019 agreements by Future.

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Petrol, Diesel Prices Unchanged In Metros On Saturday

Fuel Price in India Today: State-run oil marketing companies review petrol and diesel rates on a daily basis.

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Goldman Money Funds' Liquidity Buffer Swells Before US Election

Stocks have swung significantly in recent days and more volatility is expected in the wake of the US election.

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Chevron, Exxon Shrink Spending As Coronavirus Impacts Demand

Exxon posted its third straight quarter of losses on Friday and reduced spending plans for the coming year.

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Reliance Industries Profit Declines 15% To Rs 9,567 Crore In Q2

Reliance Industries Q2 earnings: Reliance Industries' group operations and revenue were impacted by the coronavirus pandemic during the quarter, the company said in a press release.

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Jio September Quarter Profit Nearly Triples To Rs 2,844 Crore On Lockdown

Reliance Jio Infocomm said its revenue from operations rose to Rs 17,481 crore in the quarter ended September 30, from Rs 13,130 crore in the year-ago period.

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Reliance's July-September Profit Falls 15% As Covid Slams Oil Business

Oil demand has collapsed as the COVID-19 pandemic disrupts global travel and business, hurting sales of refined products such as gasoline, diesel and jet fuel.

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Amazon Sees Pandemic Boosting Holiday Sales And Investment In Delivery

Amazon forecast operating profit to be between $1.0 billion and $4.5 billion, short of $5.8 billion analysts were looking for, according to research firm FactSet.

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Global Stock Markets Decline As Coronavirus Infection Rate Weighs

A strong central bank-fuelled bounce back from the initial pandemic slide earlier in the year has faltered this week.

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Crude Oil Faces Bumpy Road To Recovery As COVID-19 Accelerates: Poll

Analysts expecting a rough road to recovery into 2021 as an accelerating coronavirus outbreak fans renewed demand concerns.

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BSE To Consult SEBI On Future-Reliance Deal After Amazon Objection: Report

Amazon on October 25 won an injunction from a Singapore arbitrator to halt Future's deal to sell retail assets to Reliance.

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Indian Oil Profit Beats On Inventory Gains, Lower Expenses

Net profit for the state-owned company rose to Rs 6,227 crore in the three months ended September30, from Rs 563 crore a year earlier.

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Gold Price Firms As Dollar Dips, Coronavirus Concerns Grow

Unprecedented stimulus measures globally boosted gold's appeal as a hedge against inflation and currency debasement.

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BPCL Puts Bina Refinery Expansion Plan On Hold Pending Privatisation

BPCL wanted to install a residue fluid catalytic cracker at the Mumbai refinery and connect the plant with a new site where it wanted to build an ethylene cracker.

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Sensex, Nifty Fall For Third Day In A Row Dragged By Auto Shares

Six of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Auto index's 1.2 per cent decline.

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Sensex Falls Over 500 Points As Financial, Auto Shares Weigh On Markets

Share Market Updates: Bharti Airtel, Hero MotoCorp, HUL, Eicher Motors, Bajaj Finance and Maruti Suzuki were the top Nifty losers.

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Government To Offer Production-Linked Incentives To More Sectors: NITI Aayog

The Cabinet will soon consider approving such incentives for more sectors, Rajiv Kumar, vice chairman of NITI Aayog, a government think-tank told a virtual conferenc

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Sensex Falls Over 500 Points, Nifty Below 11,550 Amid Broad-Based Selloff

Mid- and small-cap shares were also witnessing selling pressure as Nifty Midcap 100 index declined 0.25% and Nifty Smallcap 100 index fell nearly 1%.

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WeWork To Revisit IPO Plans Only When Profitable: CEO Sandeep Mathrani

Last week, Fitch Ratings lowered WeWork's credit rating and warned the once high-flying startup could default on its obligations.

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Why Global Investors Are Warming Up To Emerging-Market Stocks

A growing number of investors are warming to developing-nation stocks as the global economy recovers from the worst of the coronavirus pandemic.

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Sensex, Nifty Edge Higher As Markets Recover Early Losses

Share Market Latest Updates: The S&P BSE Sensex index declined113.82 points to 39,636.03 at the weakest level recorded in early deals.

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Shapoorji Pallonji Group Files For Separation From Tatas

One of the country's largest construction firms, the SP Group has an 18.37 per cent stake in Tata Sons on the back of a decades-long relationship. Tata Sons is the holding company of Tata Group.

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Vodafone Idea's Loss Narrows To Rs 7,218 Crore In September Quarter

Vodafone Idea's average revenue per user (ARPU) for September quarter improved to Rs 119 per month from Rs 114 in the previous quarter.

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Bidding For Air India To Be Done On Enterprise Value: Hardeep Singh Puri

Enterprise value of a company includes the equity value, debt as well as cash with the company. Equity value measures the value of a company's shares.

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India's September Infrastructure Output Contracts 0.8%

Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of industrial output.

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Gold Prices Hold Steady, Track Dollar As US Election Caution Kicks In

The dollar index held close to a one-week peak scaled in the previous session, benefiting from safe-haven inflows as Germany and France imposed fresh lockdowns to stem a second coronavirus wave.

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India Gold Demand Could Recover During December Quarter: WGC

While overall gold consumption fell, demand for coins and bars, known as investment demand, jumped 51 per cent in the third quarter as rising prices attracted investors, the WGC said.

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Core Sector Production Contracts 0.8% In September

Infrastructure output comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40 per cent of industrial output.

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Sensex, Nifty Fall On Weak Earnings, COVID-19-Led Global Pessimism

The domestic market was also pressured by concerns over the global economic recovery as Germany and France imposed new restrictions to contain a second wave of virus infections.

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Geojit Partners With US-Based Stockal, Launches Global Investment Platform

Geojit Financial Services said it will add other key global markets, including the United Kingdom, Japan, Hong Kong, Germany and Singapore to the platform soon.

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IndiGo Posts Record Quarterly Loss Of Rs 1,195 Crore On Pandemic Hit

IndiGo, which dominates the domestic market, said its total debt as of September stood at Rs 25,419.4 crore, up 28 per cent from last year.

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Domestic Gold Futures Gain To Rs 50,600 Level On Safe-Haven Buying

Gold Price In India Today: Domestic spot gold closed at Rs 51,238 per 10 grams excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA).

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Sensex, Nifty Decline For Second Straight Session; L&T Top Loser

Mid- and small-cap shares also faced selling pressure as Nifty Midcap 100 index declined 0.43 per cent and Nifty Smallcap 100 dropped nearly 1 per cent.

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Maruti Suzuki Quarterly Profit Rises As Buyers Return

India's largest automaker by market capitalization reported a net profit of Rs 1,372 crore for the three months ended September 30.

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Maruti Suzuki Profit Rises 1% To Rs 1,372 Crore In September Quarter

Maruti Suzuki's total revenue from operations rose 10.35 per cent on year-on-year basis to Rs 18,744.50 crore.

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L&T Shares Fall Nearly 5% After Earnings Announcement

At 10:37 am, Larsen & Toubro shares traded 4.29 per cent lower at Rs 941.50 apiece on the BSE, underperforming the benchmark S&P BSE Sensex index which was down 0.55 per cent.

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Sensex, Nifty Trim Losses Amid Volatile Trade; Axis Bank Rises

Share Market Latest Updates: Analysts awaited more large cap earnings for near-term cues, a day after L&T and Axis Bank reported their financial results for the July-September period.

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Axis Bank Jumps 1% On Turnaround Q2 Earnings, Better Asset Quality

Axis Bank reported a net profit of Rs 1,682.67 crore in the quarter ended September 2020 as against a net loss of Rs 112.08 crore in the corresponding period a year ago.

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Sensex Falls Over 350 Points, Nifty Below 11,650; Larsen & Toubro Drops

Share Market Latest Updates: Analysts awaited more large cap earnings for near-term cues, a day after L&T and Axis Bank reported their financial results for the July-September period.

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Sensex Falls Over 350 Points, Nifty Below 11,650; Larsen & Toubro Drops

Share Market Updates: Analysts awaited more large cap earnings for near-term cues, a day after L&T and Axis Bank reported their financial results for the July-September period.

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Closely Monitoring Progress Of Small Businesses: Nirmala Sitharaman

The Finance Minister said she was "equally monitoring" what the MSME ministry was doing to give subordinate debts to company partners of stressed MSMEs.

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AI Express Records Highest-Ever Annual Profit At Rs 413 Crore

Air India Express reported net profit of Rs 412.77 crore for the financial year ended March 2020 as higher operating revenue and passenger volume helped bolster the bottom line of the budget carrier.

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SBI Raises $1 Billion Loan From Japanese Lenders

The loan is intended to promote the smooth flow of funds for the whole range of business operations of Japanese automobile manufacturers in India.

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Petrol, Diesel Prices See No Change On Thursday

In Delhi, the price of petrol was Rs 81.06 per litre and diesel was Rs 70.46 per litre on October 29 and in Mumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litre respectively.

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Sensex, Nifty Likely To Have A Weak Opening

Overnight, the Dow Jones Industrial Average fell 3.43 per cent, the S&P 500 lost 3.53 per cent and Nasdaq Composite dropped 3.73 per cent.

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Axis Bank July-September Profit At Rs 1,683 Crore, Asset Quality Improves

Axis Bank's net interest income or the difference between interest earned on loans and interest expended on deposits rose 20 per cent to Rs 7,326.07 crore.

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L&T Profit More Than Doubles To Rs 5,520 Crore In September Quarter

Larsen & Toubro's revenue from operations declined 12.15 per cent to Rs 31,034.74 crore from Rs 35,328.45 crore during the same period last year.

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Indian Railway Finance Corporation Files IPO Papers, Increases Issue Size

The public offering will consist of a fresh issue of 118 crore equity shares and an offer for sale of 59.4 crore equity shares by the Government of India.

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Crude Oil Falls 2% Amid Rise In US Output, COVID-19 Cases

Energy firms and ports along the US Gulf Coast prepared on Tuesday for Zeta, the 11th hurricane of the season, as it entered the Gulf of Mexico.

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Pandemic Keep-Fit Drive Boosts Puma Sales In Americas, Europe

German sportswear company Puma reported a rebound in third-quarter sales in the Americas and Europe as consumers keen to keep fit during the COVID-19 pandemic bought more online.

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Gold Eases On Stronger Dollar; COVID-19 Concerns Limit Fall

The dollar rose 0.5 per cent to a more than one-week high versus its rivals, making gold more expensive for holders of other currencies.

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Global Stocks Tumble As Lockdown Fears Grip Investors

European shares fell on reports of potential lockdowns in Germany and France, losing 2.5 per cent to hit five-month lows, rattled by a media report that France might bring in a national lockdown from...

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Sensex Slumps 600 Points, Nifty Ends Below 11,750 On Weak Global Cues

All the eleven sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Financial Services index's over 2 per cent decline.

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Sensex Crashes Over 700 Points, Nifty Below 11,700 On Weak Global Cues

Selling pressure was visible across the sectors as all the 11 sector gauges compiled by NSE were trading lower led by Private bank index's 2.25% fall.

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Are You Eligible For COVID-19 Loan Relief? Here's All You Need To Know

The credit of relief in loan accounts will arrive days ahead of Diwali, as the country prepares for the ongoing festive season, normally a preferred time for consumers to make new purchases.

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Kotak + IndusInd Bank: How India's Biggest Bank Merger Would Stack Up

Talk of the merger and Kotak's unexpected profit growth has already pushed the lender ahead of rival ICICI Bank Ltd. to become India's second-largest by market value.

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Tata Group To Buy Stake In BigBasket For About $1 Billion: Report

China's Alibaba, which holds around 26 per cent stake in BigBasket, is expected to sell its entire shareholding in the company, the Economic Times reported.

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Bharti Airtel September Quarter Revenue Jumps To Record Rs 25,785 Crore

ARPU or average revenue per user at the country's second-largest telecom operator rose to Rs 162 for the quarter, from Rs 128 a year earlier.

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Share Of Short-Term LNG Deals To Rise In Domestic Consumption: GAIL

Spot gas imports by the electricity generation sector, which account for over a fifth of the country's total consumption of the fuel, doubled in the June quarter to the highest in at least 14...

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Asian Stocks Fall As Virus, US Election Concerns Hurt Investor Sentiment

MSCI's ex-Japan Asia index dipped 0.15 per cent in early trade while Japan's Nikkei fell 0.6 per cent.

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Sensex, Nifty Edge Higher Amid Volatile Trade; Airtel Jumps 10%

Share Market Updates: Bharti Airtel shares were in focus, a day after the telecom major reported its highest quarterly revenue ever.

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India's Economy Accelerates In September As Animal Spirits Soar

Manufacturing activity was a bright spot, with the purchasing managers index rising to 56.8 -- the highest reading since January 2012 -- on the back of a sharp expansion in new work orders, according...

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Sensex Drops Over 100 Points As Financial Stocks Weigh On Markets

Share Market Updates: Selling pressure in banking, financial services, consumer goods and metal shares pulled the markets lower.

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Airtel Hits Upper Circuit On Posting Highest-Ever Quarterly Revenue

The Sunil Mittal-led telecom company reported a revenue of Rs 25,785 crore in the July-September period - its highest ever in a quarter, boosted by higher tariffs and a rise in data usage from a...

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Sensex, Nifty Edge Higher Amid Volatile Trade; Bharti Airtel Jumps 10%

Share Market Latest Updates: Bharti Airtel shares were in focus, a day after the telecom major reported its highest quarterly revenue ever.

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Tata Motors Loss Widens In September Quarter As Virus Saps Demand

The Mumbai-headquartered company, which owns British luxury brand Jaguar Land Rover (JLR), announced a consolidated net loss of Rs 314 crore ($42.61 million) for the quarter ending September 30...

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Petrol, Diesel Prices Steady On Wednesday

In Delhi, the price of petrol remained at Rs81.06 per litre and diesel at Rs 70.46 per litre on October 27. InMumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per...

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Sensex, Nifty Likely To Open Lower

The domestic stock markets are likely to open in the red, post the 1 per cent gains in the previous trading session,going by muted cues from Asia and a shaky start in Singapore Nifty trading.

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Sensex Surges 377 Points, Nifty Settles At 11,889 Led By Kotak Bank

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Private Bank index's over 3 per cent gain.

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France's Total Aims To Expand India Renewable Portfolio

Total CEO Patrick Pouyanne said that retail fuel demand in Europe was "good" and almost at pre-pandemic levels in the third quarter of the year.

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Future Retail Sees Liquidation If Reliance Industries Deal Fails: Report

Amazon alleged Future Retail had breached certain contract provisions it entered into last year in a separate deal with the US firm.

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RBI, Facing A "Trilemma", Chooses To Let Rupee Strengthen

The RBI's challenge differs from most peers as it's also tasked with managing the government's mammoth borrowing and overseeing the nation's bad-debt-ridden banks.

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Wave Of New COVID-19 Cases Crashes Across US, Europe

US stocks had their worst day in four weeks over the double whammy of record coronavirus cases and political deadlock in negotiations to provide more economic aid.

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Angel Broking Soars 20% On Reporting Highest Ever Quarterly Profit

The retail broking house reported profit of Rs 74.47 crore in the September 2020 quarter, a 47.3 per cent rise compared to Rs 48.3 crore in the June quarter.

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Asian Stocks Hit By Rising COVID-19 Cases, US Stimulus Concerns

China's CSI300 Index edged down 0.1 per cent, as investors looked out for any news from a meeting of China's Communist Party leaders to set the next five-year plan.

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Southeast Asian Listings Have Mixed Debuts On Outlook Concerns

Converge ICT Solutions Inc, a Philippine fibre broadband provider, fell as much as 11.2 per cent and ended 9.4 per cent lower.

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Spot Gold Price Rises As COVID-19 Cases Jump

Supporting gold, the US dollar dipped 0.1 per cent against a basket of currencies.

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Crude Oil Price Steadies, But Outlook Gloomy Amid Rising Covid-19 Cases

US oil gained 15 cents, or 0.4 per cent, at $38.71 a barrel. Both contracts fell more than 3 per cent on Monday.

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Sashidhar Jagdishan Takes Charge As HDFC Bank CEO, Succeeding Aditya Puri

Mr Jagdishan has an overall experience of 29 years; he joined HDFC Bank in 1996 as a manager in the finance function, became business head-finance in 1999 and was appointed chief financial officer in...

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Kotak Bank Surges Most In 7 Months After September Quarter Earnings

Kotak Mahindra Bank share price surged as much as 11.38%, its biggest single day gain since March 25, 2020, to hit high of Rs 1,576.85 on the BSE.

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Sensex Falls Over 100 Points, Nifty Slips Below 11,750 Amid Choppy Trade

Share Market Updates: MSCI's broadest index of Asia Pacific shares outside Japan was last seen trading 0.43 per cent lower.

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Banks To Pay Interest Compound, Simple Interest Difference To Borrowers

According to the government's scheme, lenders will credit the amount in the borrowers' accounts on or before November 5, which lenders claim as reimbursement from the Centre by December 15.

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China's Ant Group Set To Raise $34 Billion In Record IPO

The cash raised from the split float between Hong Kong and Shanghai would be far more than the $29 billion chalked up by Saudi Aramco in December.

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Direct Tax Practitioners Seek Extension Of Sebi Settlement Scheme Till March 2021

SEBI had launched the Scheme in July to provide one-time settlement opportunity to entities that executed trade reversals in BSE stock options during the April 1, 2014-September 30, 2015 period,...

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Sensex, Nifty Fall For Second Day On Losses In Bank, Metal Stocks

Share Market Updates: Sentiment was weak across Asia as concerns grew over a second wave of virus infections in the United States and Europe, sending MSCI's gauge of Asia-Pacific stocks outside Japan...

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Domestic Gold Futures Edge Higher To Rs 51,050 As Dollar Eases

Gold Price In India Today: Domestic spot gold closed at Rs 51,238 per 10 grams excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA).

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Sensex Falls Over 100 Points, Nifty Slips Below 11,750 Amid Choppy Trade

Share Market Latest Updates: MSCI's broadest index of Asia Pacific shares outside Japan was last seen trading 0.43 per cent lower.

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In Fight With Amazon, Future Retail Sees Liquidation If Reliance Deal Fails

Amazon on Sunday won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance, alleging that FRL had breached certain contract provisions it entered into last year in a...

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Petrol, Diesel Prices Unchanged On Tuesday

In Delhi, the price of petrol remained at Rs 81.06 per litre on October 26, and diesel at Rs 70.46 per litre. In Mumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litre...

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Sensex, Nifty Likely To Open Firm

Australia's ASX 200 opened down about 0.6 per cent, while Japan's Nikkei 225 futures were up 0.04 per cent and Hong Kong's Hang Seng index futures were up 0.1 per cent.

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Gold ETFs Or Gold Bonds: Which Is Better And When?

Wealth planners say gold should not be viewed as a short-term asset, and any investment in the yellow metal should only be made with a long-term outlook.

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Domestic Gold Futures Recover Early Losses To Reclaim Rs 51,000 Mark

Gold Price In India Today: Domestic spot gold closed at Rs 51,238 per 10 grams excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA).

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OPEC Chief Says Does Not Expect Renewed Oil Collapse

OPEC's Mohammad Barkindo was giving a speech at the virtual India Energy Forum by CERAWeek.

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Global Stocks Dip On Surging Coronavirus Cases, Stimulus Doubts

The United States has seen its highest-ever number of new COVID-19 cases in the past two days. France also set case records and Spain announced a state of emergency.

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AirAsia Group Lowers Malaysia Market Recovery Expectations

AirAsia Group's biggest market, it said it saw a 52 per cent increase in domestic capacity in September compared to 40 per cent in July.

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Sensex Slumps 540 Points, Nifty Ends Below 11,800; Metal Shares Worst Hit

All the 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Metal index's 3.5 per cent fall.

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Your 10-Point Guide To Amazon Vs Reliance On Future Retail

Future Retail said on Monday that it was examining an order against its deal with Reliance Industries. after an order by an arbitration panel put on hold its Rs 24,713-crore asset sale to the...

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Kotak Mahindra Bank Profit Rises 27% In September Quarter

Kotak Mahindra Bank Q2: Kotak Mahindra Bank's net interest income, difference between interest earned on loans and interest expended on deposits rose 17% to Rs 3,913.21 crore.

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Sensex Falls Over 400 Points, Nifty Below 11,800; Auto, Metals Worst Hit

All the 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty metal index's nearly 3 per cent decline.

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As Amazon Wins Order To Stall Deal, Reliance Retail and Future Group Push Back

The Singapore-based single-judge arbitration court had restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore.

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JSW Steel Falls After Profit Declines 42% In September Quarter

JSW Steel's revenue sales advanced 12 per cent to Rs 16,487 crore versus Rs 14,752 crore in the same period last year.

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Reliance Industries Slips 2% As Reliance Retail-Future Deal Put On Hold

The indebted Kishore Biyani group company had earlier signed a pact to sell its retail, wholesale, logistics and warehousing units to billionaire Mukesh Ambani's Reliance Industries, through its...

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IndusInd Bank Jumps 4% As Promoters Call Report On Takeover "Baseless"

IndusInd International Holdings Limited (IIHL) said it considers the report "malicious, untrue and baseless".

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Car Dealers Upbeat About Festive Season

According to the data released by Federation of Automobile Dealers Association, the overall vehicle registrations in September went up by 14 per cent over August.

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Petrol, Diesel Prices Unchanged On Monday

In Delhi, the price of petrol remained at Rs81.06 per litre on October 26, and diesel at Rs 70.46 per litre. InMumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per...

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Sensex, Nifty Decline Led By IT, Metal Shares; Reliance Industries Falls

Share Market Latest Updates: MSCI's broadest index of Asia-Pacific shares outside Japan went flat, still short of its recent 31-month peak.

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Sensex, Nifty Likely To Have Subdued Opening

Global shares got off to a cautious start on Monday as surging coronavirus cases in Europe and the United states threaten the economic outlook, even as growth in China provides some support to Asia.

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Amazon Gets Interim Relief As Future-Reliance Deal Put On Hold

US-based e-ecommerce major Amazon.com won an interim award against its partner Future Group on Sunday, as a Singapore-based single-judge arbitration court restrained Future Retail from selling its...

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Amazon Wins Interim Relief, Future-Reliance Deal Put On Hold

Amazon.com Inc on Sunday won an interim award against its partner Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single-judge arbitration...

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Investors' Consent Necessary, Karnataka High Court To Franklin Templeton

Franklin Templeton Mutual Fund had shut six debt schemes in India amounting to about Rs 28,000 crore from April 23, citing lack of market liquidity and redemption pressures arising from Covid-19...

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Burger King Files IPO Papers, To Raise Rs 542 Crore

Burger King's initial public offer (IPO) will consist of fresh issue of equity shares amounting to Rs 542 crore and an offer for sale of up to 6 crore equity shares by the promoter QSR Asia, according...

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Here's How To Check Allotment Status Of Equitas Small Finance Bank IPO

The IPO received bids for 22.57 crore equity shares as against offer size of 11.58 crore equity shares, subscription data on the stock exchanges revealed.

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Petrol, Diesel Prices Unchanged On Sunday

In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel at Rs 70.46 per litre on October 24. In Mumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litre...

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Banks Given November 5 Deadline To Implement Interest Waiver Scheme

The top court had asked the government to implement the scheme, which will bring relief to millions of borrowers, at the earliest.

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Franklin Templeton Needs Unit Holder Approval For Scheme Wind-Ups: Court

Franklin Templeton Mutual Fund shut six credit funds in April citing lack of market liquidity and redemption pressures due to the pandemic.

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Due Date For Filing 2018-19 Annual GST Returns Extended Till December 31

This is applicable to businesses filing annual returns as well as audit reports for the year to March 31, 2019.

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Income Tax Return Deadline For Financial Year 2019-20 Extended By A Month

For individuals required to get their accounts audited, a new deadline of January 31 is applicable, instead of December 31.

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Centre Issues Guidelines On Loan Relief, To Implement By November 5

The government has said that it will implement a loan relief scheme by November 5, aimed at helping borrowers during the coronavirus pandemic, and reimburse the interest on interest applicable to...

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Petrol, Diesel Rates Unchanged On Saturday

Fuel Price In India Today: State-run Indian Oil, Bharat Petroleum and Hindustan Petroleum review the fuel rates on a daily basis, aligning them with international oil prices and foreign exchange...

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RBI To Keep Policy Accommodative, But Wary Of Inflation

Almost all members of the Monetary Policy Committee said they see room for further easing, but a recent rise in price pressures would need to abate for them to use that space.

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Finance Ministry Issues Guidelines For Implementation Of Loan Relief

The lending institutions after crediting the amount will claim the reimbursement from the central government.

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Centre Transfers Rs 6,000 Crore In GST Compensation To States

The central government had last week agreed to borrow up to Rs 1.1 lakh crore on behalf of the states to bridge the shortfall in GST collections.

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How To Migrate From Jio Prepaid To Postpaid Service

Reliance Jio's new service starts at a monthly tariff of Rs 399, and goes to as high as Rs 1,499, with a range of benefits.

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How To Get An Aadhaar Card Reprinted

Aadhaar Card Reprint: An online facility provided by UIDAI enables Aadhaar-registered users to order a printed copy of their Aadhaar card online.

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Domestic Gold Futures Back Above Rs 51,000 As Dollar Weakens

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures settled at Rs 51,010 (up 0.48 per cent) for the day.

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Gold Premiums Climb To 3-Week High As Jewellers Boost Festive Stocks

Dealers charged premiums of $5 an ounce this week over official domestic prices, inclusive of 12.5 per cent import and 3 per cent sales taxes, versus the $1 premiums last week.

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Gold Premiums Rise As Jewellers Boost Festive Stocks

On Friday, local gold futures traded at around Rs 50,920 per 10 grams. Prices hit an all-time high of Rs 56,191 in August.

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Rate Cut Will Depend Upon Moderation In Inflation: Shaktikanta Das

Shaktikanta Das has said that there is room for rate cut but monetary policy action would depend upon the evolving situation on the inflation front.

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Move Over Bonds, Forex Taking Over As Investors' New Favourite Playbook

Currency market volatility has risen from a one-and-a-half-year low hit in late July while overall bond market volatility remains near 2020 lows.

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Gold Gains On Weaker Dollar, Coronavirus Concerns Ahead Of US Election

The dollar index fell 0.2 per cent against its rivals, making dollar-denominated gold less expensive for holders of other currencies.

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Global Stocks Bide Time As US Presidential Election Caution Sets In

While Democratic plans to raise taxes on corporate profits and capital gains could hit share prices, their pledge on large stimulus is seen as offsetting those blows.

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Barclays Beats July-September Profit Forecasts

Barclays disclosed in February that British regulators had launched an investigation into Staley's past connections to the late financier and convicted sex offender Jeffrey Epstein, which is yet to...

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Mundra LNG Terminal To Ramp Up Utilisation From 45% To 55% In 6 Months

Another pipeline connecting Anjar to Banaskantha district in Gujarat only has a diameter of 18-inches, which limits the terminal's utilisation.

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Sensex, Nifty End Higher; Aditya Birla Fashion Jumps On Flipkart Deal

Global stocks remained within a tight range on Friday, less than two weeks before the US presidential election, with traders looking for a breakthrough in stimulus talks in Washington.

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Sensex, Nifty Rebound After A Day's Pause Led By Auto Shares

Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Auto index's nearly 3 per cent gain.

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Reliance Power Profit Doubles In September Quarter; Shares Jump

Reliance Power's revenue from operations rose 21 per cent to Rs 2,449 crore as against Rs 2,018.59 crore in the same period last year.

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Aditya Birla Fashion Surges On Rs 1,500 Crore Investment From Flipkart

Aditya Birla Fashion manufactures popular clothing brands like Allen Solly, Peter England, Louis Philippe and VanHeusen.

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Flipkart To Buy 8% Stake In Aditya Birla Fashion Unit For Rs 1,500 Crore

The investment comes at a time when Amazon.com Inc, billionaire Mukesh Ambani-led Reliance Industries and Flipkart are in a race to gain market share in India's fast-growing online market for food and...

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Sensex, Nifty Rise As Financials Gain; Earnings In Focus

Share Market Updates: Equity markets elsewhere in Asia were little changed as the final debate between US President Donald Trump and Democratic challenger Joe Biden offered little to impress...

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Sensex Rises Over 250 Points, Nifty Above 11,950 Amid Broad-Based Gains

Share Market Updates: Top gainers in the Nifty basket of 50 shares at the time were Tata Steel, Cipla, Indian Oil, Bharti Airtel and ICICI Bank.

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Sensex, Nifty Rise As Financials Gain; Earnings In Focus

Share Market Latest Updates: Equity markets elsewhere in Asia were little changed as the final debate between US President Donald Trump and Democratic challenger Joe Biden offered little to impress...

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Oil Companies Leave Petrol, Diesel Rates Unchanged

Petrol, Diesel Rates: State-run Indian Oil, Bharat Petroleum and Hindustan Petroleum review the fuel rates on a daily basis, aligning them with international oil prices and foreign exchange rates.

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Sensex, Nifty Likely To Start Day On A Muted Note

Asian investors prepared for rough trading on Thursday after a bumpy session on Wall Street amid fears that agreement on a key U.S. stimulus bill will not be reached until after the presidential...

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Domestic Gold Futures Ease, Slide Below Rs 51,000 Mark As Dollar Gains

Gold Price In India Today: MCX gold futures settled at Rs 50,893 (down by Rs 440 or 0.86 per cent) for the day.

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Rupee Closes Marginally Higher At 75.53 Against Dollar

Rupee Vs Dollar Today: Selling of dollars by exporters supported the rupee, however a gain in the greenback overseas limited the upside, according to analysts.

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Gold Eases On US Aid Doubts, Stronger Dollar

Goldman Sachs forecast gold at $2,300 an ounce over a 12-month horizon and said commodities were likely headed for a bull market next year.

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Domestic Gold Futures Come Down To Rs 51,053 As Dollar Appreciates

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures - due for a December 4 expiry - declined by Rs 280 at the weakest level recorded on Thursday.

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Asian Paints Reports Profit Of Rs 830 Crore In September Quarter

Asian Paints revenue from operations rose 6 per cent to Rs 5,350.23 crore compared with Rs 5,050.66 crore in the same quarter last year.

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Sensex, Nifty Snap Four-Day Winning Streak; IT, Pharma Shares Drag

Seven of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Pharma index's 0.8 per cent fall.

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Sensex, Nifty On Track To Break 4-Day Winning Streak

Seven of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Pharma index's 1.3 per cent fall.

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Dr Reddy's Isolates Data Centre Services After Cyberattack, Shares Fall

Dr Reddy's also has tie-ups with global firms to sell coronavirus treatments remdesivir and favipiravir in India.

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Bajaj Auto Profit Falls 22% To Rs 1,194 Crore In September Quarter

Bajaj Auto shares recovered initial losses after declining as much as1.30 per cent to Rs 2,977 apiece on the BSE after the announcement.

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Uco Bank Surges On Reporting Profit Of Rs 30 Crore In September Quarter

Total gross NPAs stood at Rs 13,366 crore versus Rs 16,576 crore in the previous quarter, Uco Bank's result showed.

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Sensex Drops Over 150 Points As Financial, IT Stocks Weigh On Markets

Share Market Updates: It remains unclear whether stimulus negotiations would continue ahead of the US presidential and congressional elections on November 3.

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Equitas Small Finance Bank IPO Closes For Bidding Today. Things To Know

The public issue attracted subscription of 1.64 times in the retail category, 1.58 times in qualified institutional buyer (QIB) segment and 0.07 times in the non institutional investor (NII) category.

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Wall Street Banks See Rare Payday Bonanza In India Despite Pandemic

India has seen a number of multi-billion dollar transactions in 2020 from oil-to-telecom conglomerate Reliance Industries' fundraising efforts to GlaxoSmithKline's sale of its stake in Unilever's...

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Traders Stock Up In Hopes Of People Spending Funds Saved During Lockdown

India's biggest shopping season is at the time of the festivals of Durga Puja and Diwali, which fall 20 days apart in October-November each year.

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Nifty, Sensex Track Broader Asia Lower On US Stimulus Setback

Share Market Updates: The Nifty Bank index was down 0.8 per cent, led by a 0.4 per cent decline in shares of HDFC Bank.

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Indian Economy Set For A Near Double-Digit Contraction In This Financial Year: Poll

Nearly 90 per cent of economists, 34 of 39, who responded to an additional question, said the latest government stimulus was not enough to boost the economy significantly.

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Sensex Opens 150 Points Lower, Nifty Below 11,900 Tracking Asian Markets

Share Market Latest Updates: It remains unclear whether stimulus negotiations would continue ahead of the US presidential and congressional elections on November 3.

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Gold Price Jumps 1% On US Relief Deal Bets As Dollar Eases

Gold And Silver Rate Today: MCX gold futures dropped by Rs 469 to Rs 50,183, whereas silver futures slumped to as low as Rs 60,530, Rs 1,936 lower compared to their previous close.

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India Exports Grow 4% In September: UN Economic Arm

Global trade recorded a 5 per cent drop in the third quarter of 2020 compared with the same period last year, according to UNCTAD.

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Middle East's Share Of India's Oil Imports At Four-Month Low: Report

Last month, India's oil imports from its top oil supplier Iraq declined by about 18 per cent from August, the data showed, as OPEC's second biggest producer deepened output cuts to compensate for...

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India's Exports Grew 4% In September, Says UN Trade Body

Depending on how the COVID-19 pandemic evolves in the winter months, the UN trade and development body expects the value of global trade to contract by 7 per cent to 9 per cent with respect to 2019

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Petrol, Diesel Prices Unchanged On Thursday

In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre - the same levels as the previous day, according to notifications from Indian Oil Corporation.

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Sensex, Nifty Likely To Open Flat

Asian investors prepared for rough trading on Thursday after a bumpy session on Wall Street amid fears that agreement on a key U.S. stimulus bill will not be reached until after the presidential...

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Domestic Gold Futures Back Above Rs 51,250 Level As Dollar Eases

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures - due for a December 4 expiry - moved in a range of Rs 50,491-50,790 on Tuesday.

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All You Need To Know About LIC's Jeevan Lakshya Policy

LIC Jeevan Lakshya policyholders get an annual income benefit of 10 per cent of the basic sum assured, according to LIC.

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India "At The Doorstep Of The Revival Process", Says Shaktikanta Das

Mr Das said that capital buffers for banks and non-banking finance companies (NBFCs) are needed to deal with the stress caused due to COVID-19.

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Bajaj Finance September Quarter Profit Falls 36% To Rs 965 Crore

Bajaj Finance's total income came in at Rs 6,523.29crore in the second quarter of current financial year, up 3.17 per cent from the year-ago period.

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SBI Announces More Concession On Home Loans In Festive Season Offer

SBI Home Loan: SBI will provide a concession of 20 basis points on home loans above Rs 75 lakh, and an additional 5 basis points on applications made through the YONO app.

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Sensex, Nifty End Higher For Fourth Session In A Row Amid Volatility

Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Realty index's nearly 4.5 per cent surge.

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Government Working On Next Stimulus Package: Report

The government is working on the next stimulus package to support the economy amid positive signs of a fall in COVID-19 cases, news agency Reuters reported quoting a senior finance ministry official....

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Sensex Gives Up Day's Gains Amid Selloff In Consumer Goods, Pharma Shares

Domestic share markets gave up all of the day's gains in a volatile session on Wednesday, despite renewed optimism in broader Asian markets on hopes for more stimulus in the world's largest economy....

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Sensex Slumps Over 800 Points From Day's High, Nifty Breaks Below 11,800

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty FMCG index's 1 per cent decline.

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Hindustan Zinc Surges After Profit Rises 43% In September Quarter

During the quarter Hindustan Zinc's mined metal production for the quarter rose 9 per cent year-on-year to 238 kilo tonnes.

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Sensex Rises 400 Points, Nifty Crosses 12,000 Mark Amid Broad-Based Gains

Share Market Updates: HDFC, HDFC Bank, ICICI Bank and Reliance Industries were the biggest boosts to Sensex.

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Hindustan Unilever Falls After September Quarter Earnings

The company's board declared an interim dividend of Rs 14 per share and the record date for payment of interim dividend is fixed at October 29.

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Prabhat Dairy To Deposit Rs 1,292 Crore In Escrow Account: Sebi

The regulator had also received complaints from minority investors of the company alleging delays in delisting and manipulation of books of accounts.

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Reliance Industries Strengthens Nearly 2% On Starting 5G Trials With Qualcomm

Reliance Jio and Qualcomm have achieved over a 1 Gbps (1,000 Mbps) speed on the Reliance Jio 5GNR solution and the Qualcomm 5G RAN Platform, Reliance Jio said in a press release.

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Gold Gains On US Stimulus Deal Optimism, Weaker Dollar

Spot gold gained 0.6 per cent to $1,917.76 per ounce by 0323 GMT, having earlier hit a one-week high. US gold futures were up 0.4 per cent at $1,922.80.

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Equitas Small Finance Bank IPO Subscribed 39% On Day 1

Equitas Small Finance Bank has fixed the price band of the public offering at Rs 32-Rs 33 per share and applicants can bid for a minimum one lot of 450 equity shares.

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Jio Tests 5G Solutions With Qualcomm. All You Need To Know

The product is already tested by a Tier-1 carrier in the US, Jio Platforms and Qualcomm said in a joint statement.

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Nifty, Sensex Rise On Gains In Banking, Energy Stocks

Share Market Updates: The Nifty Bank index was up 1.1 per cent, boosted by a 1.3 per cent gain for lender HDFC Bank.

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Nifty, Sensex Rise On Gains In Banking, Energy Stocks

Share Market Latest Updates: The Nifty Bank index was up 1.1 per cent, boosted by a 1.3 per cent gain for lender HDFC Bank.

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Sensex Rises 400 Points, Nifty Crosses 12,000 Mark Amid Broad-Based Gains

Share Market Updates: Bharat Petroleum, IndusInd Bank, Tata Steel, HDFC, Hindalco and Tata Motors were the top gainers in the Nifty basket of 50 shares.

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FDI Inflows Grew By 55% From 2008-14 To 2014-20

"The FDI equity inflow also increased by 57 per cent from USD 160.46 billion during 2008-14 to USD 252.42 billion during 2014-20," the Ministry of Commerce and Industry added.

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Petrol, Diesel Prices Unchanged On Wednesday

In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre - the same levels as the previous day, according to notifications from Indian Oil Corporation.

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Sensex, Nifty Likely To Open Firm

The domestic stock markets are likely to open in the green, in line with the positive sentiment across the US and Asian Street, and strength in SGX Nifty in early trading.

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MCX Launches 'METLDEX,' India's First Base Metals Futures Index

In the Base Metals Index, zinc carries a weightage of around 33.06 per cent, copper accounts for 29.81 per cent, nickel has 14.77 per cent weightage, lead, 12.88 per cent and aluminium, 9.48 per cent.

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Sensex, Nifty Gain For Third Session In A Row Led By IT Stocks

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Realty index's over 4 per cent gain.

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Sensex, Nifty Rise On Slowing Coronavirus Cases, HDFC Bank Boost

COVID-19 cases in India are decreasing after a peak in mid-September, with the world's second-worst affected country reporting a near three-month low of 46,790 new infections in the last 24 hours.

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$2 Billion in Biggest India Property Deal. Here's What It Comes With

The Canadian asset manager is acquiring 125 lakh square feet of rent-yielding offices and co-working spaces from RMZ Corporation, the privately held developer said in a statement on Monday.

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Sensex Falls Over 400 Points From Day's High, Nifty Below 11,900

Mid- and small-cap shares were trading on a subdued note as Nifty Midcap 100 index rose 0.3 per cent while Nifty Smallcap 100 index was trading on a flat note.

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Britannia Shares Hit 1-Month Low After September Quarter Earnings

Britannia Industries posted a net profit of Rs 498.13 crore in the three-month period ended September 30, as against Rs 404.22 crore in the corresponding period a year ago.

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Sensex Rises 300 Points From Day's Low As Markets Recover Early Losses

Share Market Updates: HCL Tech, Larsen & Toubro, Mahindra & Mahindra, Tech Mahindra, Asian Paints and JSW Steel were the top gainers in the Nifty index.

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Reliance Says India Will Fully Shift To Renewable Energy In Next Few Decades

Reliance, which operates two giant refineries with a combined capacity of 1.4 million barrels per day in Gujarat, aims to become a net zero carbon company by 2035.

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L&T Gains Over 3% On Hopes Of Bagging Contract For Bullet Train Work

Larsen & Toubro has emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor,National High Speed Rail...

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Equitas Small Finance Bank IPO Opens For Subscription: Things To Know

The public offering consists offresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small Finance Bank.

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"Will Remove Constraints": Government's New Plan To Sweeten Air India Deal

The government is considering allowing potential suitors for Air India decide how much of the flag carrier's debt they want to take on as part of the deal, Disinvestment Secretary Tuhin Kanta Pandey...

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L&T Emerges As Lowest Bidder For 237-Km Viaduct Of Bullet Train Project

The infrastructure company has emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor.

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Centre Is Assessing GDP Contraction: Nirmala Sitharaman

Nirmala Sitharaman said that the Centre has not closed the option for another stimulus package and has started doing "some kind of" assessment on gross domestic product (GDP) contraction.

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Sensex Rises 300 Points From Day's Low As Markets Recover Early Losses

Share Market Latest Updates: HCL Tech, Larsen & Toubro, Mahindra & Mahindra, Tech Mahindra, Asian Paints and JSW Steel were the top gainers in the Nifty index.

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HDFC Life Profit Rises 6% To Rs Rs 328 Crore In September Quarter

Total premium income increased to Rs 10,056.71 crore in the second quarter of current financial year, from Rs 7,456.87 crore in the year-ago period.

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Need To Rethink And Reinvent Indian Manufacturing, Says Mukesh Ambani

Mukesh Ambani said that India must rethink and reinvent manufacturing, like it did its refining and petrochemicals to make the country's manufacturing sector globally competitive

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Aadhaar Card: How To Verify Aadhaar-Registered Mobile Number Online

The UIDAI issues the 12-digit personal identification number as well as the identity card known as Aadhaar.

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Petrol, Diesel Prices Remain Unchanged On Tuesday

In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre - the same levels as the previous day, according to notifications from Indian Oil Corporation.

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Sensex, Nifty Likely To Open Lower

The stock markets are likely to open in the red, following weak cues from across Asia and negative indications from early SGX Nifty trading.

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Domestic Gold Futures Top Rs 50,800 Mark Amid Safe-Haven Buying

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures gained by Rs 264 - or 0.52 per cent - higher at Rs 50,811 on Monday.

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Government Must Not Neglect Bank Recap Despite Pandemic: Viral Acharya

Restoring banks' capital is critical for aiding a meaningful recovery, but there has been little focus on the matter, former RBI Deputy Governor Viral Acharya said.

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Airlines Face Tough Winter As Hoped-For Pickup Fails To Materialise

Earlier this month, United Airlines laid off 13,000 staff temporarily as it waits on the politicians in Washington to thrash out a fresh coronavirus aid package.

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Foreign Inflows Into Asian Bonds More Than Doubles In September

Bonds markets in places such as Thailand and India could therefore be benefiting from a portfolio rebalancing, analysts said.

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Sensex Rallies 449 Points, Nifty Settles Above 11,850 Led By Banks

Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty PSU Bank index's over 4 per cent gain.

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Gold Futures Recover Early Losses, Rise To Rs 50,750 On Safe-Haven Buying

Gold Price In India Today: MCX gold futures gained by as much as Rs 235 - or 0.46 per cent - to Rs 50,782 on Monday.

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Government Asks At Least 8 State-Run Firms To Consider Buybacks: Report

The eight companies that have been asked to consider share buy backs include Coal India, NTPC, NMDC and Engineers India.

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Jet Airways Rallies Nearly 50% In 8 Days; Creditors Agree To New Owners

Jet Airways shares were locked in a 5 per cent upper circuit for an eighth session in a row. The stock in the last eight sessions the stock has rallied 47 per cent.

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Dr Reddy's To Hold Trials For Russia's Sputnik V COVID-19 Vaccine, Shares Up

Dr Reddy's Share Price: The stock rose by Rs 131.15 to Rs 5,213.50 apiece on the BSE during the session, having begun the day stronger at Rs 5,202.00 compared to its previous close of Rs 5,082.35.

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Sensex Rises Over 300 Points, Nifty Near 11,900 Amid Gains Across Sectors

MSCI's broadest index of Asia Pacific shares traded 0.31 per cent higher at the time.

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China Economy Grows 4.9% In Third Quarter, Extending Virus Recovery

The world's second-largest economy grew slightly below expectations in the July-September period, National Bureau of Statistics (NBS) data showed, while it cautioned of uncertainty ahead as "the...

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Equitas Small Finance Bank IPO To Open On Tuesday

Equitas Small Finance Bank IPO: The public offering comprises fresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small...

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Petrol, Diesel Prices Remain Unchanged On Monday

In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre - the same levels as the previous day, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Strong Opening

Asian markets started higher, buoyed by hopes of a U.S fiscal package before the U.S. presidential elections next month and expectations of a coronavirus vaccine by the end of this year.

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Steel Wire Units May Close Due To Raw Material Shortages: Industry Body

About 100 units in the organised sector that offer employment to about five lakh workers in the country are already operating below 50 per cent of their rated capacity.

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Equitas Small Finance Bank IPO To Open This Week: Key Things To Know

The IPO comprises fresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small Finance Bank.

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Maruti Suzuki Unveils Special Offers For Government Employees

The company is seeking to further boost demand with its offer after the recent leave travel concession (LTC) cash voucher scheme announced by Finance Minister Nirmala Sitharaman.

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No Change In Petrol, Diesel Prices On Sunday

In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre, according to notifications from Indian Oil Corporation.

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Grounded Jet Airways' Resolution Plan Approved By Creditors

Jet Airways once operated a fleet of more than 120 planes serving dozens of domestic destinations and international hubs such as Singapore, London and Dubai.

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HDFC Bank September Quarter Profit Jumps 18% To Rs 7,513 Crore

Net interest income - or the difference between interest earned and interest expended - came in at Rs 15,776.39 crore, up 16.73 per cent compared to Rs 13,515.04 crore in the year-ago period.

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Here Is How Sovereign Gold Bond Price Is Calculated

Gold Bond Scheme: An issue price of Rs 5,051 per unit was applicable to the seventh tranche of gold bonds, which ended for subscription on October 16. But how are these rates calculated? Here's how.

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How To Receive Latest Fuel Rates On Your Mobile

Currently, petrol and diesel rates vary in different parts of the country. Indian Oil, Hindustan Petroleum and Bharat Petroleum review the retail rates on a daily basis.

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Petrol, Diesel Prices Unchanged In Metros Today

Fuel Price In India Today: Currently, the consumer has to pay Rs 81.06 for a litre of petrol in Delhi, and Rs 70.46 for diesel.

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Gold Dealers Stock Up, Hope To Usher In Festive Demand

Gold is considered an intrinsic part of festivals such as Dussehra in late October, and Diwali and Dhanteras in November.

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JK Tyre, Other Firms Face Scrutiny In Bid-Rigging Case

According to documents in the filing, Haryana state told CCI that JK Tyre was the sole bidder in a tender and quoted high prices.

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Sensex, Nifty Resume Upmove After A Day's Pause Led By Metal, Banks

Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal index's 4 per cent surge.

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India's October Diesel Sales Rise Above Pre-COVID Levels

Diesel sales by the country's three state fuel retailers rose 8.8 per cent year on year in the first half of October, according to provisional data compiled by Indian Oil.

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Sensex Jumps Over 350 Points, Nifty Above 11,750 Amid Broad-Based Gains

Share Market Updates: Shares in Noida-based HCL Tech fell after the IT company reported its financial results for the September quarter and announced a dividend of Rs 4.

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IMF Data Shows Virus Will Push China GDP Growth Far Beyond US

The fund now forecasts world gross domestic product to shrink 4.4 per cent this year, an improvement from the 4.9 per cent drop seen in June, according to the latest World Economic Outlook released...

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Passenger Vehicle Sales Rise 17% In July-September

Passenger vehicle sales rose 17 per cent in the second quarter of current financial year compared to same quarter last year.

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HCL Tech Profit Rises Over 7% To Rs 3,143 Crore In September Quarter

The company's board approved a dividend of Rs 4 per share.

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Sensex Opens Over 200 Points Higher, Nifty Above 11,700

Share Market Latest Updates: On Thursday, the Sensex had ended 1,066.33 points (2.61 per cent) lower at 39,728.41, and the Nifty 290.70 points at 11,680.35, halting their longest gaining streak in...

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Domestic Gold Futures Ease On Rising Dollar, But Hold Rs 50,400 Mark

Gold Price In India Today: MCX gold futures declined by Rs 138 to Rs 50,404 and silver futures by Rs 1,429 to Rs 60,174.

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Domestic Gold Futures Ease On Rising Dollar, But Hold Rs 50,400 Mark

Gold Price In India Today: MCX gold futures declined by Rs 138 to Rs 50,404 and silver futures by Rs 1,429 to Rs 60,174.

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Centre To Borrow On Behalf Of States To Meet GST Shortfall

The Centre borrowing on behalf of states is likely to ensure that a single rate of borrowing is charged and this would also be easy to administer.

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India's Exports Rise 6% To $27.58 Billion In September

The country's imports declined 19.6 per cent to $30.31 billion in September. It was $37.69 billion in the same month last year.

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Rupee Weakens To Close At 73.38 Against Dollar

Rupee Vs Dollar: Analysts say the rupee is likely to remain under pressure in the absence of domestic cues.

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European Markets Fall 2% On COVID-19 Curbs, Brexit Impasse

Analysts said the rise in coronavirus infections across Europe and no sign of a vaccine anytime soon after two high-profile prospects experienced problems was hitting sentiment.

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Sensex Drops Over 1,000 Points, Breaks 10-Day Winning Streak

Selling pressure was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange ended lower.

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Sensex, Nifty On Track To Break 10-Day Winning Streak

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty IT index's 3 per cent decline.

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Sensex Opens 250 Points Higher, Nifty Tops 12,000 As Markets Extend Rally

Share Market Latest Updates: Infosys shares will be in focus today, a day after the country's second largest IT company raised its annual revenue growth forecast

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Sensex, Nifty Likely To Open Flat Today After Markets Rally For 10 Days

Infosys shares will be in focus today, a day after the country's second largest IT company raised its annual revenue growth forecast.

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Rupee Edges Higher To Close At 73.29 Against Dollar

Rupee Vs Dollar: The dollar index - which measures the dollar against six other currencies - was last seen trading 0.06 per cent.

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Standard Loan Accounts As Of March 1 Can Be Recast Under Moratorium: RBI

RBI said a loan account that was due for more than 30 days as on March 1, 2020, but subsequently got regularised, will not be ineligible for resolution under the COVID-19 resolution framework.

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Wholesale Inflation Quickens To 1.32% In September, Versus 0.16% In August

Inflation in food articles during the month was at 8.17 per cent, as against 3.84 per cent in August, the data showed.

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IMF Sees Less Severe Global Contraction But Trouble In Emerging Markets

The IMF forecast a 2020 global contraction of 4.4 per cent in its latest World Economic Outlook, an improvement over a 5.2 per cent contraction predicted in June.

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Infosys Slips 2% Ahead Of Q2 Earnings

Infosys, the country's second largest information technology company, had reported a 2 per cent sequential decline in net profit at Rs 4,233 crore in the previous quarter ended June 2020.

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Wipro Slips Nearly 7% Post Q2 Earnings, Share Buyback Plans

Wipro Share: Wipro had announced that it would buy back 23.75 crore shares at Rs 400 per equity share, which was a premium of 6.45 per cent to Tuesday's closing price of Rs 375.75.

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Sensex Falls Over 200 Points, Nifty Near 11,850; Bank Stocks Lead Losses

Stock Market Updates: Lowering its forecast for India, the IMF said the country's economy will contract 10.3 per cent this year because of the coronavirus pandemic.

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Hong Kong's Foreign Exchange Intervention Highest Since 2009 Crisis

Capital has flown into the Asian financial hub in 2020, initially due to comparatively high interest rates, and subsequently attracted by a series of large initial public offerings, analysts said.

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Sensex Falls Over 250 Points, Nifty Below 11,850; Bank Stocks Lead Losses

Share Market Latest Updates: Lowering its forecast for India, the IMF said the country's economy will contract 10.3 per cent this year because of the coronavirus pandemic.

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Petrol, Diesel Prices Unchanged On Wednesday

In Delhi, the price of petrol was Rs 81.06 per litre and diesel was Rs 70.46 per litre - the same levels as the previous day, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Weak Opening

Asian equities were set to slip on Wednesday as halted COVID-19 vaccine trials and absent U.S. stimulus agreement weighed on investor sentiment.

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IMF Slashes India Growth Forecast, Predicts Record Slump

IMF forecasts that India's GDP will plunge 10.3 per cent this fiscal year ending on March 31, 2021, the biggest contraction since independence.

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Centre To Miss Fiscal Deficit Target, Another Stimulus Expected: Sources

India's fiscal deficit crossed the annual target for 2020-21 in August government data showed. According to the data, the fiscal deficit at the end of July stood at Rs 8.21 lakh crore

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Wipro Announces Rs 9,500 Crore Share Buyback, Profit Rises 3% In Q2

The company has guided for revenue from IT services to be in range of $2,022 million to $2,062 million translating into a sequential growth of 1.5-3.5 per cent for December quarter.

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5 Things To Know About Government's Gold Bond Scheme

Gold Bond Scheme: Gold bonds are an effective way to earn gold-linked returns along with interest at the rate of 2.5 per cent per annum, say wealth planners.

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Retail Inflation Rises To Highest In 8 Months As Food Prices Soar

Retail inflation has remained above 4 per cent, the middle point of the Reserve Bank of India's (RBI) target of 2-6 per cent, for a year.

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Paytm Launches Same-Day Bank Settlement Facility For Businesses

The feature can be accessed from Paytm merchant dashboard or Paytm for business app; the minimum amount that can be transferred is Rs 50, and the maximum amount is Rs 2 lakh in a single transfer...

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Top Court Lists Hearing On Centre's Interest Waiver Plan For Wednesday

The Supreme Court had earlier asked the government to consider the concerns of real estate companies and power producers in a fresh plan on interest waiver.

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Sensex Falls Over 100 Points, Nifty Below 11,900 Led By Financial Stocks

Stock Market Updates: Consumer inflation increased to 7.34 per cent in September, the highest level recorded since January, and well above the upper end of the RBI's target range.

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Likhitha Infrastructure IPO: Here's How To Check Allotment Status

The oil & gas pipeline infrastructure service provider had fixed the price band of the share offering at Rs 117-Rs 120 per share, which was later revised downwards to Rs 116-Rs 120 per share.

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Sensex Falls Over 100 Points, Nifty Below 11,900 Led By Financial Stocks

Share Market Latest Updates: Analysts awaited corporate earnings from IT major Infosys due later in the day.

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Petrol, Diesel Prices Unchanged On Tuesday

In Delhi, the price of petrol was Rs 81.06 per litre and diesel was Rs 70.46 per litre - the same levels as the previous day, according to Indian Oil Corporation.

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Sensex, Nifty Set To Have A Subdued Opening

The stock markets are likely to open flat, with a negative bias, after eight consecutive days of gains, going by early indications from SGX Nifty trading.

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Nirmala Sitharaman Announces Stimulus To Boost Demand By Rs 73,000 Crore

Finance Minister Nirmala Sitharaman said the government will allow its employees to spend tax-exempt travel allowances on goods and services.

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Sensex, Nifty Lose Steam, End On A Flat Note After Seven-Day Winning Run

Eight of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty PSU Bank index's 2 per cent decline.

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Government's Gold Bond Scheme Open For Subscription. All You Need To Know

The Sovereign Gold Bond scheme opened for subscription under its seventh tranche of the year on Monday. Bonds under the SGB programme - in which the RBI issues bonds linked to the market price of the...

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Government To Give Rs 12,000 Crore Interest-Free 50-Year Loan To States

The loan will have to be spent entirely on new or ongoing capital projects, she said adding that states can settle bills of contractors and suppliers but all the amount has to be paid before March 31,...

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Government Announces Rs 10,000 Special Festival Loan For Its Employees

Special Festival Advance scheme is a one-time advance scheme for central government employees and was revived after it was discontinued after the recommendations of Sixth Pay Commission were accepted,...

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Travel Payout, Festival Advance For Government Employees till March

Finance Minister Nirmala Sitharaman on Monday announced two special schemes for government staff in a bid to boost consumer demand: a Leave Travel Concession-related cash voucher and a festival...

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Nirmala Sitharaman Announces Rs 73,000-Crore Measures To Boost Demand

The government is currently in the process of gradually lifting restrictions imposed in late-March to curb the spread of the deadly coronavirus, which has sent an already slowing economy marred by low...

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Vedanta Hits Lower Circuit Due To Failure Of Delisting Plans

The shares of Vedanta hit the lower circuit in mid-morning trading due to the miner's failure to buy back shares and delist itself, compelling it to return all tendered shares.

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Sensex Gains Over 350 Points As Financial, IT Stocks Lead Gains

Stock Market Updates: Share markets in other parts of Asia jumped led by Chinese shares, though caution about the fate of US stimulus kept the dollar firm.

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Sensex Opens Over 200 Points Higher, Nifty Above 11,950

Share Market Latest Updates: Share markets in other parts of Asia jumped led by Chinese shares, though caution about the fate of US stimulus kept the dollar firm and a central bank policy tweak...

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Petrol, Diesel Prices Unchanged On Monday

In Delhi, the price of petrol was Rs 81.06 per litre and that of diesel was Rs 70.46 per litre, according to notifications from Indian Oil Corporation.

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RBI Appeals To Supreme Court To Allow Banks To Classify Bad Loans

The RBI warned that failure to immediately lift an interim stay on banks classifying any loan as a non-performing asset (NPA) would also undermine the central bank's regulatory mandate.

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US Imposes Tariffs On Aluminum Sheet From India, 17 Other Countries

US Commerce Secretary Wilbur Ross said the US International Trade Commission would make the final determination in February 2021.

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Opinion: What Changes To Residential Status Provisions Mean For Taxpayers

Individuals who were likely to qualify as non-residents earlier will qualify as not ordinarily residents as per the amended provisions.

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Petrol, Diesel Rates Unchanged In Metros On Saturday

Petrol And Diesel Rate: In Delhi, the price of petrol was at Rs 81.06 per litre on October 10, and that of diesel at Rs 70.46 per litre, according to notifications from Indian Oil Corporation.

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Sovereign Gold Bonds To Open For Subscription On Monday

Gold Bond Scheme: Launched in 2015 along with the Gold Monetisation Scheme, the Sovereign Gold Bond scheme provides gold-linked returns and an additional return at 2.5 per cent per annum. Wealth...

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Gold Sold At Premium After 2 Months As Jewellers Bank On Festivals

In Bangladesh, some people resorted to selling gold with the coronavirus outbreak having shuttered businesses and choking incomes.

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India's Fuel Demand Up 7% In September, First Monthly Gain Since June

The country's daily number of coronavirus infections has slowed since hitting a single-day high of 97,894 new cases on September 17, a sign that infections were peaking for now.

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Gold Futures Jump To Rs 50,749, Silver To Rs 62,079 As Dollar Eases

Gold Price In India Today: Gold has been one of the most consistent gainers through the six months of coronavirus pandemic-led turmoil in financial markets.

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Sensex Rallies Over 350 Points; Banks Cheer Liquidity Boost By RBI

The RBI's status quo on policy rates was in line with market expectations, according to analysts.

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RTGS Payment System To Be Available 24x7 From December: Shaktikanta Das

Currently, RTGS is available for customers from 7:00 am to 6:00 pm on all working days of a week, except second and fourth Saturdays of every month.

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"Monetary Policy Continues To Stay Dovish": Economists As RBI Holds Rates

The MPC, as expected, kept the repo rate, its key lending rate, at 4.0 per cent, while the reverse repo rate or the key borrowing rate stayed at 3.35 per cent.

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"Accommodative Stance As Long As Necessary": RBI On Rate Pause

The decision was the first under a newly constituted MPC, which includes three external members who have in the past supported monetary and fiscal stimulus to boost the economy.

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RBI Predicts GDP Contraction By 9.5%, Keeps Status Quo On Rates

The monetary policy committee kept the repo rate, its key lending rate, unchanged at 4 per cent while the reverse repo rate or the key borrowing rate remained at 3.35 per cent.

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Rate-Sensitive Stocks Trade Higher Ahead Of RBI Policy

The RBI Governor Shaktikanta Das will announce decisions of the Monetary Policy Committee (MPC) in an address to the media at 10:00 am.

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Sensex Rises Over 100 Points, Nifty Above 11,850 Amid Broad-Based Gains

Share Market Latest Updates: The S&P BSE Sensex index rose to 40,309.18 at the strongest level in early deals whereas the broader NSE Nifty 50 benchmark climbed to as high as 11,876.05.

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RBI's Monetary Policy Panel Votes Unanimously To Hold Key Rates

The latest meeting is a second straight scheduled review of the RBI's policy, following emergency meetings in March and May - instead of April and June - and comes at a time the country's...

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Petrol, Diesel Prices Unchanged On Friday

In Delhi, the price of petrol was at Rs 81.06 per litre and diesel at Rs 70.46 per litre on October 9, according to Indian Oil Corporation.

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Sensex, Nifty To Have A Positive Start

The Shaktikanta Das-led Reserve Bank of India (RBI) is set to announce its policy decision at 10:00 am at the end of three-day monetary policy committee.

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Will Rates Be Paused? Shaktikanta Das-Led RBI To Announce Policy Today

RBI Governor Shaktikanta Das-led Monetary Policy Committee will today reveal its policy decision at the end of talks that began on Wednesday. Most economists expect the central bank to keep policy...

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Sensex, Nifty Rallies For Sixth Straight Session Led By Gains IT Shares

Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty IT index's over 3 per cent gain.

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TCS, Wipro Record Highs Fuel Rally In IT Share. Here's Why

TCS kicked off the earnings season on Wednesday, by reporting a net profit of Rs 7,475 crore in the July-September period.

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Here's How To Check UTI AMC Initial Public Offering Allotment Status

The IPO comprised sale of 3,89,87,081 equity shares, or 30.75 per cent stake by existing shareholders, including State Bank of India, Life Insurance Corporation, Bank of Baroda, Punjab National Bank...

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How To Check Allotment Status Of Mazagon Dock Shipbuilders IPO

The share offering of the country's largest defence company received bids for 481.65 crore shares, as against the issue size of 3.06 crore, NSE data showed.

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TCS Shares Soar To Record High After Mega Buyback Announcement

TCS Share Price: At 9:50 am, TCS shares traded 4.44 per cent higher at Rs 2,858.95 on the bourse, outperforming the benchmark Sensex index which was up 1.22 per cent.

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Amazon Sends Legal Notice To Future Group Over Reliance Deal: Report

In August, the Mukesh Ambani-led Reliance Industries said it would acquire the retail and wholesale business as well as the logistics and warehousing business of Future in a deal valued at $3.38...

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Government Introduces New Gas Marketing Norms To Help Producers

Mr Pradhan said the new, more transparent price discovery mechanism would help raise daily gas production from the Krishna Godavari basin on the east coast and other parts of the country by 40 mmscm.

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Petrol, Diesel Prices Steady On Thursday

In Delhi, the price of petrol was at Rs 81.06 per litre and diesel at Rs 70.46 per litre on October 8- the same levels as the previous day, according to Indian Oil Corporation.

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Sensex, Nifty Set To Open Higher

U.S. stocks closed sharply higher on Wednesday as investors regained optimism that at least a partial deal on more U.S. fiscal stimulus may happen; the Dow Jones rose 1.91 per cent and Nasdaq...

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Economic Revival Clearly Visible Post COVID-19 Lockdown: Finance Minister

The finance minister said she wondered why the Opposition leaders did not speak in Parliament when the bills were being discussed.

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Rupee Gains To 73.33 Vs Dollar, Halts 2-Day Fall

The dollar index - which gauges the greenback against six currencies - was last seen trading flat, having earlier gained as much as 0.23 per cent.

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TCS Announces Share Buyback Plan Of Rs 16,000 Crore

The buyback comes at a time when TCS parent Tata Sons is engaged in a fight with one of its oldest shareholders, the Shapoorji Pallonji Group.

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TCS To Buy Back Rs 16,000-Crore Shares, September Quarter Profit Up 7%

TCS had posted a 13 per cent sequential decline in net profit to Rs 7,008 crore in the April-June period, missing Street estimates.

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Sensex, Nifty Gain For Fifth Straight Session Led By Reliance Industries

In the last five trading sessions, the Sensex has rallied 5 per cent and Nifty has surged 5 per cent.

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Sensex Rises Over 350 Points As Auto, Energy Stocks Jump; TCS Hits Record

Titan, Reliance Industries, Bajaj Auto, UltraTech Cement and Hero MotoCorp, trading between 1.97 per cent and 4.55 per cent higher, were the top gainers in the 50-scrip benchmark index.

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Reliance Industries Jumps As Retail Arm Secures Another Investment

Last week, Abu Dhabi-based state fund Mubadala invested Rs 6,247.5 crore in Reliance Retail Ventures for 1.40 per cent stake in the company.

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Sensex, Nifty Rise On Gains In Reliance, Titan; TCS Buyback Awaited

Reliance Industries shares rose as much as 4.5 per cent to Rs 2,309 after it said on Tuesday Abu Dhabi Investment Authority would invest Rs 5,513 crore in its retail arm.

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Sensex Rises Over 200 Points As Markets Rebound; TCS Shares In Focus

Asian stock markets hit a two-week high, brushing off a Wall Street tumble and a drop in commodity prices after US President Donald Trump abruptly cancelled talks with lawmakers on coronavirus-relief...

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Infibeam Avenues Locked In 5% Upper Circuit For Third Day In A Row

Infibeam Avenues shares have more than tripled since the lockdown was announced in March from a 52-week low of Rs 26.40.

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Titan Company Shares Surge On Sharp Recovery Across Businesses

Titan's jewellery division saw a strong recovery as its division did very well in Q2, with a recovery rate of around 98 per cent.

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Gold Futures Near Rs 50,000 As Precious Metals Ease Amid Dollar Strength

Gold And Silver Rate Today: At 12:05 pm, gold futures traded 0.84 per cent lower at Rs 50,104 while silver futures were down 1.16 per cent at Rs 59,870.

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Government Approves Dixon Tech For Smartphone Incentive Plan, Shares Jump

Dixon Technologies' arm, Padget Electronics, was approved as a mobile manufacturing partner under the government's Production Linked Incentive scheme for Large Scale Electronics Manufacturing.

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Rupee Edges Lower To 73.56 Against Dollar Tracking Asian Currencies

The Reserve Bank of India's Monetary Policy Committee began a three-day review meeting on Wednesday.

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Billionaire Wealth Reaches New High During COVID-19 Pandemic: UBS

The report, covering over 2,000 billionaires representing some 98 per cent of the cohort's total wealth, found billionaire wealth grew by more than a quarter during the early months of the pandemic.

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Sensex Falls Over 50 Points, Nifty Below 11,650; TCS Shares In Focus

Asian airline stocks fell after US President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least $1.6 trillion in additional...

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Sensex, Nifty Likely To Open Higher Today

Asian airline stocks fell after US President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least $1.6 trillion in additional...

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Petrol, Diesel Rates Remain Unchanged In Metros

Petrol, Diesel Rates In India: In Delhi, the price of petrol was at Rs 81.06 per litre and diesel at Rs 70.63 per litre on October 7 - the same levels as the previous day

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Centre Approves Top Apple Suppliers, Other Firms For Smartphone Plan

The $6.65-billion incentive scheme is part of the government's aim to make the country into an export and manufacturing hub.

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Sensex, Nifty Open Marginally Higher; TCS Shares In Focus

Asian airline stocks fell after US President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least $1.6 trillion in additional...

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Domestic Gold Futures Inch Higher To Rs 50,895 As Dollar Eases

Gold Price In India: Gold has risen 26% this year supported by massive government and central bank stimulus worldwide.

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Abu Dhabi Investment Authority Invests Rs 5,512 Crore In Reliance Retail

Billionaire Mukesh Ambani-promoted Reliance Industries said on Tuesday that its retail arm, Reliance Retail Ventures, will sell a 1.2 per cent stake to Abu Dhabi Investment Authority (ADIA) for Rs...

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Sensex Surges 600 Points, Nifty Settles Above 11,650 Led By Banks

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Financial Services index's over 3 per cent gain.

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Sensex Surges Over 550 Points, Nifty Reclaims 11,650 Led By Banks

Gains in heavyweights such as HDFC, HDFC Bank, Bajaj Finance, ICICI Bank and Kotak Mahindra Bank pushed the markets higher.

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RBI's 3-Day Policy Review Begins Wednesday As Centre Names Panel Members

Last week, the RBI had postponed its bi-monthly committee meeting, which was originally scheduled from September 29 to October 1.

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Services Sector Slump Eases In September, But Job Losses Balloon: Survey

Still, September was the seventh straight month that activity had contracted, the longest such stretch since a 10-month run to early 2014.

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Infibeam Avenues Locked In Upper Circuit On Agreement With Jio Platforms

Infibeam Avenues shares have more than tripled since the lockdown was announced in March from a 52-week low of Rs 26.40.

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Jindal Steel & Power Reports Record Quarterly Sales, Shares Gain 3%

On a standalone basis, JSPL said its steel production was at1.84 million tonnes in the second quarter of 2020-21. Pallet production came in at2.01 million tonnes, it added.

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Mahindra & Mahindra Surges As Bookings For New Thar Cross 9,000 Mark

The All-New Thar becomes the only SUV in the 4X4 lifestyle category to record this booking milestone in such a short span of time, M&M said.

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Sensex Jumps Over 400 Points, Nifty Crosses 11,600; Financial Stocks Jump

Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous...

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Sensex Opens Over 350 Points Higher, Nifty Above 11,600

Share Market Latest Updates: Shares in other Asian markets rose to a two-week high on Tuesday after US President Donald Trump was discharged from hospital following treatment for COVID-19.

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Petrol, Diesel Rates Unchanged In Metros Today

Petrol And Diesel Rate: In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel at Rs 70.46 per litre.

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Gold Edges Up As Weaker Dollar Offsets News On Donald Trump's Progress

Gold has risen about 25 per cent this year, supported by massive stimulus by governments and central banks worldwide as the metal is seen as a hedge against inflation and currency debasement.

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Gold Edges Higher To Rs 50,600 Mark, Silver Gains To Approach Rs 61,800

Gold And Silver Rate Today: Spot gold edged higher to $1,920.40 per ounce during Monday's session, whereas silver climbed up marginally to $24.61 per ounce.

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Government Names 3 New Members To RBI's Monetary Policy Committee

The committee, of three government nominees and three RBI members, had been scheduled to announce the country's key interest rates and monetary policy for the next two months on October 1.

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Centre Joins Hands With Swiggy To Take Street Food Vendors Online

People in Delhi, Ahmedabad, Chennai, Indore and Varanasi will soon be able to have food from street vendors delivered at their doorsteps as the Centre has joined hands with food aggregator Swiggy to...

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Government To Extend Surcharge On Luxury Items, Tobacco

The surcharge on luxury goods, which varies from 12 per cent to 200 per cent, is part of the national goods and services tax (GST) introduced in 2017, and was due to expire in 2022.

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"Time Is Ripe To Make India A World Leader In AI": Mukesh Ambani

"In the coming decades, the total non-biological intelligence will exceed the rational intelligence of the entire human population," Reliance Industries chairman Mukesh Ambani said at the Raise 2020...

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Opinion: Tata Taking On Mukesh Ambani Could Be India's Alibaba-Tencent

The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform combining fashion, lifestyle and electronics retail, food and...

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Domestic Air Passenger Traffic Down 66% In September: ICRA

ICRA vice president Kinjal Shah said the number of flights departing gradually increased from 416 on Day 1 to 1,488 on Day 128 (September 28).

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Angel Broking Shares Debut At 10% Discount

The Angel Broking stock quoted in a range of Rs 296.45-256.60 apiece on the bourse, before settling at Rs 275.85 for the day.

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Sensex, Nifty Gain For Third Session In A Row Led By TCS

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Information Technology index's 3.5 per cent gain.

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TCS Market Value Tops Rs 10 Lakh Crore; Board To Consider Share Buyback

TCS with market capitalisation of Rs 10.15 lakh crore is currently the country's second largest company by market capitalisation after Reliance Industries

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Centre's Plan Fails To Deal With Issues: Top Court In Loan Moratorium Case

For the categories specified by the government, the waiver on interest will be irrespective of whether the borrower has availed of the moratorium.

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Angel Broking Debuts At 10% Discount Over Issue Price

The Rs 600 crore crore IPO of Angel Broking had received a muted response from investors; it was subscribed 3.94 times, receiving bids for 5.4 crore equity shares vis-a-vis the offer size of 1.37...

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London Regulator Strips Ola's Operating Licence Over Public Safety

Transport for London (TfL) said in a statement that it refused to grant Ola, a Softbank-backed operator, a new London private hire vehicle (PHV) operator's licence as it "cannot find it fit and proper...

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Tokyo Meltdown: A Piece Of Hardware Took Down $6 Trillion Stock Market

A data device critical to the Tokyo Stock Exchange's trading system had malfunctioned, and the automatic backup had failed to kick in, leading to a full-day shutdown.

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Reliance Industries Gains 1% As GIC, TPG Capital, Mubadala Buy Stake

The Abu Dhabi-based state fund Mubadala invested Rs 6,247.5 crore, and Singapore's sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs 7,350 crore in Reliance...

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Vedanta's Profit Drops 23.5% As Virus Lockdown Hurts Output, Demand

Group net income slumped to Rs 1,033 crore ($141 million) in the three months to June from Rs 1,351 crorea year earlier, the company said in a statement late Saturday.

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Sensex Opens Over 250 Points Higher, Nifty Crosses 11,450

Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous...

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Sensex, Nifty Likely To Have Firm Opening

U.S. stock futures rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty.

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Credible Signs Of Economic Growth In September, Says Finance Ministry

The GST collection rose 4 per cent in September (year-on-year) to Rs 95,480 crore, rail freight revenue earnings rose 13.5 per cent and power consumption increased by 4.2 per cent.

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CNG, Piped Cooking Gas Prices Cut In Delhi

CNG Price Today: The price of CNG for automobiles has been reduced by Rs 1.53 per kg to Rs. 42.70 per kg in Delhi and by Rs 1.70 per kg to Rs 48.38 per kg in Noida, Greater Noida and Ghaziabad.

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Angel Broking IPO To List On BSE, NSE On Monday

Angel Broking: The public offer of the broking firm was subscribed 3.94 times, receiving bids for 5.4 crore equity shares as against the offer size of 1.37 crore equity shares, as per data available...

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Petrol, Diesel Prices Remain Unchanged On Sunday

In Delhi, the price of petrol was at Rs 81.06 per litre and diesel at Rs 70.46per litre on October 4- the same levels as the previous day.

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Reliance Sells Rs 32,198-Crore Stake In Retail Arm Within A Month

Billionaire Mukesh Ambani-led Reliance Industries on Saturday announced investments worth Rs 7,350 crore from global investment firms in its retail arm, Reliance Retail Ventures. TPG Capital...

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How To Download A Digital Aadhaar Card

Aadhaar Card: An online facility provided by the UIDAI enables an Aadhaar member to download a digital copy of the identification card.

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Petrol, Diesel Prices Unchanged In Metros

Petrol, Diesel Price: The three state-run companies account for the majority of petrol and diesel stations in the country.

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Reliance Industries' Retail Arm To Sell Rs 7,350 Crore Stake To GIC, TPG

The investments in Reliance Retail give the company a pre-money equity value of Rs 4.285 lakh crore ($58.47 billion), Reliance Industries said.

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Tesla CEO Elon Musk Suggests India Entry In 2021

Tesla's entry could come at a time when Prime Minister Narendra Modi is increasingly becoming focussed on promoting the use and manufacture of electric vehicles.

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India's September Trade Deficit In Goods At $2.91 Billion

Total merchandise imports fell by 40.06% to $148.69 billion during April-September while exports were down 21.43% from the year-ago period.

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LIC New Jeevan Anand Plan: Premium, Sum Assured, Eligibility, Other Details Here

LIC Jeevan Anand Policy: The maximum maturity age for the LIC New Jeevan Anand policy is 75 years, with minimum policy term of 15 years and maximum policy term of 35 years.

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Looking To Set Up A Fixed Deposit? Compare Top Banks' Interest Rates Here

Most commercial banks provide slightly higher returns to senior citizens than other customers.

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Reliance Buys Canadian Heavy Crude To Offset Venezuelan Decline: Report

Reliance Industries is among several companies winding down purchases from Venezuela as a result of US sanctions.

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At Rs 95,480 Crore, September GST Collections Highest Since Lockdown

In September 2020, the tax collections from import of goods and domestic transaction were 102 per cent and 105 per cent, respectively, of the revenues from these sources during the same month last...

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Mahatma Gandhi Jayanti: Domestic Financial Markets To Remain Shut Today

Trading in the markets will resume on Monday, October 5. In the four-day, holiday-truncated trading week.

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Gold Eases To Trade Near Rs 50,100, But Silver Rises Towards Rs 60,800

Gold And Silver Rate Today: MCX gold futures dropped to as low as Rs 50,120 during the session, whereas silver futures rose to as high as Rs 60,797.

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Sensex Rallies 629 Points, Nifty Settles Above 11,400 Led By Banks

All the 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Private Bank index's over 4% gain.

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Cash-Starved Lakshmi Vilas Bank Will Not Fail, Says Founder

Lakshmi Vilas Bank's troubles come just months after the rescue of larger private-sector peer Yes Bank Ltd. in what was India's biggest bank bailout.

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Sensex Rallies Over 600 Points, Nifty Reclaims 11,400 Led By Banks

Stock Market Updates: The Nifty Bank Index - which tracks shares of 12 major lenders in the country - soared as much as 3.16 per cent during the session, led by ICICI Bank and IndusInd Bank.

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Public Provident Fund, Sukanya Samriddhi Schemes Fetch These Returns Now

Small Savings Schemes: There are currently nine government-run small saving schemes, including the Public Provident Fund (PPF) and the Senior Citizen Savings Scheme (SCSS).

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Rupee Closes At 1-Month High Of 73.14 Against Dollar

Rupee Vs Dollar: The rupee has recovered 5.02 per cent from an all-time low against the dollar registered in April.

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Multiplex Stocks Rally; Government Allows Cinemas To Open With 50% Seating

About 9,500 theatres have remained shut since the nationwide coronavirus lockdown started in late March.

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Rupee Spurts To 73.32 Against US Dollar

Rupee Vs Dollar: Weakness in the dollar overseas and sharp gains in domestic equity markets amid optimism about a recovery from the damage caused by the coronavirus pandemic supported the rupee,...

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Sensex Gains Over 400 Points Amid Buying Across Sectors

Stock Market Updates: The Bank Nifty index - comprising stocks of 12 major lenders in the country - traded 1.90 per cent higher at the time, having risen as much as 2.26 per cent earlier.

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India's September Factory Activity Grew At Fastest Pace In Over 8 Years

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, jumped to 56.8 in September from 52.0 in August.

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Chemcon Speciality Chemicals More Than Doubles On Debut

The Rs 318-crore IPO of Chemcon Speciality Chemicals was subscribed by a staggering 149.05 times; the retail category was subscribed 40.65 times, qualified institutional buyers attracted bids worth...

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Computer Age Management Lists At Premium Of 23% Over Issue Price

The IPO was an offer-for-sale of 1.22 crore shares by the promoters, including the likes of Great Terrain Investment, NSE Investments, Warburg Pincus and Acsys Investments.

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Tokyo Stock Exchange Halts Trading For Entire Day In Its Worst Breakdown

The issue damps investor sentiment following a positive U.S. stock market performance overnight and closures in other major markets in the region, including China, Hong Kong, South Korea and Taiwan.

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Sensex Jumps Over 450 Points, Nifty Above 11,350 Amid Broad-Based Gains

Stock Market Updates: The S&P BSE Sensex index opened 342.27 points higher at 38,410.20, and the broader NSE Nifty 50 benchmark began the day at 11,364.45, up 116.90 points from its previous close.

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Likhitha Infrastructure IPO Closes Today. Here Are Some Key Facts

Likhitha Infrastructure IPO closes for subscription: The public offer consists of a fresh issue of up to 51 lakh equity shares, or 25.86 per cent of the post issue paid-up equity capital of the...

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Mazagon Dock Shipbuilders IPO Closes Today. Things To Keep In Mind

Mazagon Dock Shipbuilders IPO closes for subscription: The government, which has 100 per cent ownership in Mazagon Dock Shipbuilders, will offload 15.17 per cent stake in the IPO.

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UTI AMC Public Offer Closes For Bidding. Key Things To Know

The IPO of UTI AMC includes sale of 30.75 per cent stake by existing shareholders, including the likes of State Bank of India, Life Insurance Corporation, Bank of Baroda, Punjab National Bank and T...

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Sensex Jumps Over 400 Points In Early Trade

Share Market Latest Updates: The S&P BSE Sensex index opened 342.27 points - or 0.90 per cent - higher at38,410.20, and the broader NSE Nifty 50 benchmark began the day at11,364.45, up 116.90 points -...

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Crude Oil Steady On Hopes For US Stimulus Agreement

Concerns are growing in New York, where COVID-19 infection rates continued to climb.

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LPG Prices Unchanged This Month. Here's How Much You Pay For A Refill

LPG Price October 2020: The amount of subsidy provided by the government on the annual quota of 12 refills varies from month to month. The subsidy is determined broadly by factors such as crude oil...

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Petrol, Diesel Prices Unchanged On Thursday

In Delhi, the price of petrol was left unchanged at Rs 81.06 per litre and diesel was steady at Rs 70.63 per litre, according to notifications from Indian Oil Corporation.

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Silver Lake's Co-Investors Invest Rs 1,875 Crore In Reliance Retail

This brings the aggregate investment by Silver Lake and its co-investors in RRVL to Rs 9,375 crore, translating into 2.13 per cent equity stake in RRVL on a fully diluted basis.

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Sensex, Nifty Likely To Have A Gap-Up Opening

Australian S&P/ASX 200 futures were up 0.19 per cent, while Japan's Nikkei 225 futures were up 0.32 per cent and Hong Kong's Hang Seng index futures were up 1.38 per cent.

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