Gold Set For Worst Month Since 2016 Amid COVID-19 Vaccine Optimism

Optimism over a swift vaccine-fuelled economic recovery dented allure for safe havens.

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You Can Keep Your Money In Post Office Using These Financial Instruments

Post Office Accounts: Interest rates on government-run small savings schemes are revised from time to time

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Income Tax Planning: What It Is Important To Check This Form

Form 26AS enables an individual to check whether all instances of TDS deduction from salary are duly accounted for.

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HDFC Bank Offers These Interest Rates Annually On Fixed Deposits

HDFC Bank, the country's largest private sector lender, currently offers 12 maturity options with varied interest rates on fixed deposits up to Rs 2 crore.

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S&P Retains India's Growth Forecast at 9% Contraction for Current Fiscal

RBI in October projected India's economy to contract by 9.5 per cent this fiscal

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S&P Global To Buy IHS Markit In $44-Billion Deal, Largest Merger Of 2020

The mega deal is a sign that deal-making activity is accelerating as breakthroughs in developing COVID-19 vaccines improve the economic outlook

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Public Provident Fund: Here Are Five Benefits You Should Be Aware Of

Public Provident Fund (PPF) interest rate, determined by the central government on a quarterly basis, currently stands at 7.10% per annum

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Income Tax Return: 10 Common Mistakes To Avoid While Planning Your Taxes

Filing Income Tax Returns: Filing income tax returns is mandatory under tax laws, and failing to do so or doing it inappropriately can attract penalty

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Capital Gains: Here's All You Need To Know

Capital gains are classified into long-term capital gains and short-term capital gains, depending on whether the assets were held for the long term or within a shorter span.

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Nifty To Trade Between 13,150-12,730, Says Angel Broking

Nifty is currently remains to be in an immediate resistance zone of 13,040 - 13,146, Sameet Chavan, chief analyst, technical and derivatives at Angel Broking said in a note.

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UK Secures 2 Million More Doses of Moderna's Covid-19 Vaccine

UK currently has access to a total of 357 million doses of vaccines from seven different developers

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LIC Jeevan Akshay VII Plan: Pensions, Premiums And Other Benefits Here

LIC Pension Plan Policy: LIC's Jeevan Akshay VII is an immediate annuity or pension plan wherein the policy holder has an option to choose type of annuity from 10 available options on payment of a...

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Bank Holidays 2020: Banks, Markets Shut On Account Of Guru Nanak Jayanti

Bank Holiday: Domestic equity, debt, forex and bullion markets along with banks and other central government run institutions were shut today in Delhi on account of Guru Nanak Jayanti.

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Finding The Right Form For Your Income Tax Return

Income Tax Return: Income tax assessees must have sound knowledge of seven ITR forms to report their income accurately and effectively

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Paytm Money To Allow Investments In IPOs

The Paytm interface will allow investors to apply for IPOs through their UPI IDs, linked to bank accounts and users will also be able to change, cancel and re-submit their bids

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Want To Keep Your Money In Post Office? Check Out Latest Interest Rates

For the current quarter, which ends on December 31, these savings schemes provide interest rates to the tune of 4-7.6 per cent

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Burger King India IPO To Open For Bidding On December 2

The Burger King IPO involves fresh issue of equity shares worth Rs 450 crore and an offer for sale of Rs 360 crore by the promoter QSR Asia.

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Currency, Debt Markets To Remain Shut Today For Guru Nanak Jayanti

Guru Nanak Jayanti Market Holiday: Trading in currency and debt markets will resume on Tuesday, December 1

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Commodity Markets To Remain Shut Today For Guru Nanak Jayanti Holiday

Guru Nanak Jayanti Market Holiday: Currently, MCX gold futures, for a December 4 settlement, quote at Rs 48,106 per 10 grams

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World Stocks Headed For Record Month On Hopes Of Vaccine-Led Recovery

The MSCI measure of world stocks is up 13 per cent for November so far, while the S&P 500 has climbed 11 per cent to all-time peaks.

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BSE, NSE Shut Due To Guru Nanak Jayanti

Guru Nanak Jayanti, also known as Guru Nanak Gurpurab and Guru Nanak's Prakash Utsav, celebrates the birth of Sikhism founder and first Sikh guru, Guru Nanak

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Petrol Rate Unchanged At Rs 82.34/Litre, Diesel At Rs 72.42 In Delhi

In Delhi, the price of petrol was untouched at Rs 82.34 per litre and diesel remained at Rs 72.42 per litre, according to Indian Oil Corporation

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India's Largest Bank Pays These Annual Returns On Fixed Deposits

India's Largest Bank Pays These Annual Returns On Fixed Deposits

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Domestic Financial Market To Remain Shut On Monday For Guru Nanak Jayanti

Market Holiday November 30. After Guru Nanak Jayanti holiday on Monday, domestic equity, debt and currency markets will resume trading on Tuesday, December 1

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Crude Oil Near $48 A Barrel. All You Need To Know About Current Oil Rates

Optimism around COVID-19 vaccines has helped oil prices recover some of recent losses, in anticipation of reopening of major economies.

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Bitcoin Soars Over 5%, Hovers Near $18,200 Mark Amid Broad Rally

Bitcoin Vs Dollar: Cryptocurrency Bitcoin was last seen trading higher by more than $800 to $18,173.70 on Sunday, November 29

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All You Need To Know About This New Aadhaar Card

Aadhaar Card: Aadhaar enrollees can obtain the new PVC Aadhaar card by paying a fee of Rs 50

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All You Need To Know About Current Gold, Silver Prices

Gold And Silver Rates: Comex gold fell 1.28% to $1,788.10 per ounce on Friday, and silver declined 3.44% to $22.64 per ounce

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Looking To Invest In Gold Bonds? Important Dates And Other Information

Gold Bond Scheme: Wealth planners say Sovereign Gold Bonds are an effective way to use the yellow metal as investment

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From Bonds, Derivatives To Jewellery, How To Invest Your Money In Gold

Gold has appreciated by about one-third over past one year, and analysts say the yellow metal is in a long-term uptrend

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Odisha Government Extends Financial Incentive To 278 MSMEs: Report

Considering the new proposals, the chief secretary accorded an in-principle approval for Capital Investment subsidy worthRs 2.94 crore in favour of two small scale enterprises.

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Petrol Price Hiked To Rs 82.34/Litre In Delhi, Diesel To Rs 72.42/Litre

Fuel Price In India Today: State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum have hiked rates on nine occasions in 10 days

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Small Businesses, Farmers Push Demand In Pandemic-Hit Economy

Increased demand for air travel and hotel stays by small business owners accompanied by rise in rural incomes and spending after two good monsoons helping COVID-19-hit economy

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Here's How To Log Into EPFO Using Your UAN

The UAN (universal account number) is a 12-digit number allotted by the EPFO to every employee and it remains the same for the entire life, irrespective of how many jobs one changes

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Delhi Metro Signs Agreement To Develop Indigenous Rail Systems

Atmanirbhar Bharat: Delhi Metro and Central Electronics Limited recently signed a Memorandum of Understanding for developing various indigenous rail engineering and system technologies.

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EPFO Extends Deadline For Submitting Life Certificate Till February 2021

Jeevan Praman Patra: The Employees Provident Fund Organisation has extended the time limit for submission of Life Certificate up to 28th February 2021.

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How Does India Compare With Major Economies In July-September Quarter?

India Q2 GDP Data: As per a CARE Ratings report, the contraction in the economic growth during July-September quarterhas been sharper than most other major economies.

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Infrastructure Output Down 2.5% In October, Shrinks For Eighth Month

The country's infrastructure output contracted 2.5 per centin October from a year earlier, falling for an eighth straight month, government data on Friday showed.

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SBI Gets Bond Warning From France's Amundi Over Coal Mine: Report

Amundi, which holds the bond in its Amundi Planet Emerging Green One fund, said it had learnt this week that the State bank of India was considering financing the Carmichael thermal coal mine in...

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Q2 GDP Data Highlights: Experts See V-Shaped Recovery, GDP Shrinks 7.5%

India Q2 GDP Data Key Highlights: Agriculture, manufacturing, and electricity were the three sectors which showed a V-shaped recovery in terms of growth

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With GDP Slump Of 7.5%, India Now Among Worst Performing Major Economies

Q2 GDP Data: International Monetary Fund has predicted that the economy would contract by 10.3 percent this year, the biggest slump for any major emerging economy

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In 8th Consecutive Price Hike, Petrol Rates Breach Rs 82 Per Litre Mark

Fuel Rates Today: The hike in prices comes one day after petrol rates were increased by 30 paise and diesel rates were increased by as much as 45 paise yesterday

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Gujarat Government Relaxes Labour Laws To Attract Investment

As per the new rules, entrepreneurs are not supposed to pay any "contract fee" if less than 50 contract labourers are employed

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How Mukesh Ambani Vs Jeff Bezos Is Playing Out In India

The winner in the fight for Future Retail Ltd, Amazon's estranged local partner, will get pole position in the race to meet the daily needs of more than a billion people.

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At -7.5%, GDP Rebounds But India Now In Technical Recession

India's gross domestic product (GDP) contracted 7.5 per cent in the July-September period, as the economy rebounded from a record slump of 23.9 per cent in the previous quarter due to slowdown caused...

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April-October Fiscal Deficit Tops 126% Of Full Year Target

Net tax receipts were Rs 5.76 lakh crore, down 15.7 per cent from a year ago, while total expenditure was Rs 16.6 lakh crore, the data showed.

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Reliance Jio 1.5 GB/Day Recharge Plans: Price, Validity, Other Benefits Here

Reliance Jio Prepaid Recharge Plans: Jio has bundled its recharge packs with a range of its own mobile applications and over the top (OTT) applications like Disney+ Hotstar.

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Top Court Orders To Forego Interest On 8 Loan Categories

The eight categories of loans are MSME (Micro, Small & Medium Enterprises), Education, Housing, Consumer durable, Credit card, Automobile, Personal, and Consumption.

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Rupee Falls 17 Paise Lower Against Dollar; Closes at 74.05

Rupee Against Dollar Today: Amid weak domestic equities, the rupee ended its five-day winning streak and fell 17 paise against the dollar, settling at 74.05

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Sensex, Nifty End Flat Ahead Of September Quarter GDP Data

Fourteen of 19 sector gauges compiled by the BSE ended higher led by the S&P BSE Realty index's nearly 3 per cent gain.

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How To Change Registered Mobile Number Of Your HDFC Account At ATM

Update HDFC Bank Account Contact Details: Visit your nearest HDFC ATM kiosk and by following some easy steps, your registered mobile number will get updated within 24 hours!

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Bullet Train:Agreement Signed With L&T For India's Biggest Infra Contract

Mumbai-Ahmedabad Bullet Train Project: The contract with L&T involves a significant 47 per cent of the high speed rail alignment, which includes the construction of four stations and depot

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Auto Shares Soar In A Subdued Market; Tata Motors, Bajaj Auto Top Gainers

Tata Motors, Maruti Suzuki and Bajaj Auto and Hero Motocorp gained 1 per cent to 3.8 per cent on the BSE, while TVS Motor Company, Amara Raja Batteries and Exide Industries added up to 4 per cent each

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Dedicated Freight Corridor: 40% DFC track to be completed by 2021

Indian Railways DFC project: 40 per cent of the DFC route is expected to be completed in 2020-21 which will lead to Rewari, Kanpur, Khurja, Ajmer, Dadri, Palanpur getting connected toGujarat ports by...

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What Analysts Say On Upcoming GDP Data

Here's what analysts say on upcoming GDP data and its potential impact on stock markets

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Burger King India IPO To Open Next Week; Price Band Set At Rs 59-60/Share

Burger King's IPO will consist of fresh issue of equity shares amounting to Rs 450 crore and an offer for sale worth Rs 360 crore by the promoter QSR Asia

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GDP Contraction Ripple Effects To Take More Time To Dissipate: Analysts

"In spite of the impact of lockdowns, if negative growth starts to come down, that itself is positive," said AK Prabhakar, head of research at IDBI Capital in Mumbai.

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Lakshmi Vilas Bank To Write Off Rs 318 Crore Debt Ahead Of DBS Merger

The Reserve Bank of India, which orchestrated the rescue, "has advised the need to fully write down" the tier-2 debt, Lakshmi Vilas Bank said in an exchange filing Thursday.

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India's GDP Likely To Shrink 8.8% In September Quarter? Data Due Today

India's gross domestic product or GDP is widely expected to have shrunk in the July-September period, but at a milder pace compared to the previous quarter, as business and economic activities pick up...

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M&M To Merge Mahindra First Choice With TVS Automobile

M&M will acquire 2.76 per cent stake in the TVS group firm TASL. And TASL will acquire the entire stake of Mahindra Holdings Ltd, a wholly-owned subsidiary of M&M, in Mahindra First Choice Services...

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Petrol Prices Hiked By 30 Paise Per Litre, Diesel By 45 Paise

In Delhi, the price of petrol was hiked as much as 30 paise to Rs 81.89 per litre, while diesel rates were increased to Rs 71.86 from Rs 71.41 per litre, according to Indian Oil Corporation.

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GDP At -8.2% Likely, Sharp Rebound Despite Recession, Say Analysts

Data due Friday will likely show gross domestic product declined 8.2 per cent in the three months through September, according to economists surveyed by Bloomberg.

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Economy Probably Picked Up In September Quarter On Vaccine Hopes: Poll

Economists in a Reuters poll forecast gross domestic product in Asia's third largest economy to shrink 8.8 per cent in the September quarter, after a contraction of 23.9 per cent in the previous...

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Indiabulls Housing Finance, Mahindra & Mahindra In Focus Today

Stocks To Watch: Market participants awaited official data on India's gross domestic product (GDP) due after market hours for near-term triggers

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Sensex, Nifty Likely To Open Flat

Asian shares fell slightly on Friday; MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.07 per cent. Australian shares were down 0.15 per cent and Japan's Nikkei fell 0.09 per cent.

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Sensex, Nifty Likely To Open Higher Today

Stock Market LIVE Updates: Market participants awaited official data on India's gross domestic product (GDP) due after market hours for near-term triggers

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These Government Schemes Give Up To 7.6% Annual Return

The government reviews interest rates applicable to small savings schemes on a quarterly basis

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Here Is How To Activate State Bank Of India ATM Debit Card Online

The SBI account holder who wants to activate State Bank of India ATM or debit card online needs to log in online SBI portal and click on e-services tab.

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How To Link Your Aadhaar Number With PAN

Aadhaar-PAN Link: If you have already submitted request to link two IDs, you can even check status of your request

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Important Due Dates To Keep In Mind For Filing Your Income Tax Return

Income Tax Return: Normally, due date for filing ITRs for all assessees whose accounts are not required to be audited is July 31

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All You Need To Know About National Pension System (NPS)

National Pension System (NPS): In case if the total accumulated corpus in the NPS account is less than Rs 2 lakh, the subscriber can opt for a 100 per cent lump sum withdrawal.

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Bitcoin Leads Cryptocurrency Selloff, Plunges To 10-Day Low

Bitcoin was last down 9 per cent at $17,074, a drastic correction from its three-year high of a $19,521 hit on Wednesday,

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Markets In No Mood To Correct, Nifty Support At 12,800: HDFC Securities

Markets are in no mood to correct significantly unless there is a negative trigger causing global meltdown, said Deepak Jasani of HDFC Securities

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Disney To Lay Off Around 32,000 Workers In First Half Of 2021

Earlier this month, Disney said it was furloughing additional workers from its theme park in Southern California due to uncertainty over when the state would allow parks to reopen.

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Capital Account Convertibility Will Continue To Be A Process:RBI Governor

The central bank chief said the capital account is convertible to a great extent at present and enumerated the specifics on both inward and outward flows which are allowed

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Rupee Rises 3 Paise Higher Against Dollar, Settles At 73.88

Rupee against dollar today: At the interbank foreign exchange market, the domestic unit opened at 73.85 against the greenback and recorded an intra-day high of 73.75.

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Foxconn To Shift Some Apple Production To Vietnam To Minimise China Risk

Foxconn is building assembly lines for Apple's iPad tablet and MacBook laptop at its plant in Vietnam's northeastern Bac Giang province, to come online in the first half of 2021

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Sensex, Nifty Resume Up Move After A Day's Pause Led By Metal Stocks

In the November series, Sensex rose 11 per cent, Nifty climbed 10.71 per cent and Bank Nifty index surged 22 per cent.

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Bullet Train Project: Sabarmati Terminal To Have Multimodal Transit Hub

Mumbai Ahmedabad Bullet Train Project: The Sabarmati Terminal in Ahmedabad will be the only one to have a multimodal transit hub with connectivity to bus transit points, Indian Railways, and the metro...

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Economy Exhibited Stronger-Than-Expected Rebound: RBI Governor

RBI Governor Shaktikanta Das said that the economy has shown better-than-expected rebound

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Bitcoiners Who Missed Rally Express Relief And Regret

Bitcoin has gained around 160 per cent this year and was last trading at $19,239 on Wednesday, edging closer to it's all time high of around $19,666 hit in December 2017.

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Union Bank Rises Nearly 2% On Fund-Raising Plans

An extra-ordinary general meeting (EGM) will be held on December 30, 2020 to seek approval from the shareholders, Union Bank of India said in a regulatory filing to the stock exchanges

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Laurus Labs Rise Over 2% On Richcore Lifesciences Acquisition

Laurus Labs acquired a 72.55 per cent stake in biotech company, Richcore Lifesciences from Eight Roads Ventures and VenturEast for Rs 246.67 crore.

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Bitcoin Drops By More Than $1,000 In Asian Trade

Bitcoin - the world's biggest and best-known virtual currency - has risen 358.6 per cent from the year's low of $3,850 on March 13.

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Stocks To Watch In Trade Today: Lakshmi Vilas Bank, Laurus Labs

Lakshmi Vilas Bank shares will be in focus after the government, on Wednesday, approved the merger of Lakshmi Vilas Bank with DBS Bank India

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Sensex, Nifty Likely To Open Higher Today

Stock Market LIVE Updates:

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Trading In Lakshmi Vilas Bank Shares To Be Suspended From Thursday

Reserve Bank has said the amalgamation of Lakshmi Vilas Bank with DBS Bank will come into force from November 27 and moratorium imposed on the crisis-ridden lender will be removed on that day.

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Petrol, Diesel Prices Paused For Second Straight Day

In Delhi, the price of petrol remained steady at Rs 81.59 per litre, while diesel rates were untouched at Rs 71.41 per litre, according to Indian Oil Corporation

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Sensex, Nifty Set To Have A Firm Opening

Asian shares dipped slightly on Thursday as the hot run up in global markets took a breather, with investors switching their focus from vaccine hopes to disappointing U.S. jobs data and new COVID-19...

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Indian Economy To Escape Recession Early Next Year On Vaccine Hopes: Poll

India's economy is expected to recover early next year from recession, but at a modest pace, according to a majority of economists in a Reuters poll who said their upgraded growth predictions were...

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Kerala, West Bengal Choose Option-1 To Meet GST Shortfall

After the receipt of choice, the central government has granted additional borrowing permission of Rs.4,522 crore to Keralaand Rs.6,787 crore to West Bengal.

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Lakshmi Vilas Bank To Operate Branches As DBS Bank India From Friday

The RBI's move came after the Union Cabinet earlier in the day approved the merger of Lakshmi Vilas Bank (LVB) with DBS India

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Government To Infuse Rs 6,000 Crore In NIIF

The government would invest Rs 2,400 crore in the NIIF during the current financial year ending in March that would help it raise up to Rs 1.lakh crore for investments.

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Government's Import Hurdles Hit Apple iPhone, Xiaomi Devices From China

BIS started delaying approvals in August for China-made imports of devices like smartphones, smartwatches, and laptops, after border tensions

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Rupee Rises 10 Paise Against Dollar, Settles At 73.91

At the interbank foreign exchange market, the domestic unit opened at 73.98 against the greenback and recorded an intraday high of 73.88

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Cyclone Nivar: Get Full Refund On Cancelled Train Tickets

According to the Southern Railways zone, the time limit for availing refunds has also been extended to six months from the date of the journey.

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Crisis-Hit Lakshmi Vilas Bank's Merger With DBS India Cleared By Cabinet

Cabinet approves merger of Lakshmi Vilas Bank with DBS Bank: As part of the amalgamation plan, DBS India will infuse fresh capital of Rs 2,500 crore into LVB and the entire share capital and reserves...

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Larsen & Toubro Bags Contract To Build India's Longest River Bridge

The roadbridge will be19-km long, to bebuilt along the NH 127-B, across the Brahmaputra river will connect Dhubri in Assam to Phulbari in Meghalaya.

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State Bank Gains Over 2% On Raising Funds Via Bonds

The committee of directors for capital raising approved allocation of 25,000 Basel-lll compliant non-convertible, taxable, perpetual, subordinated, unsecured, fully paid-up debt instruments to...

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Stocks To Watch: State Bank of India, L&T, IRB Infra, Muthoot Finance

List of Stocks in Focus Today: State Bank of India shares are likely to be in the limelight after India's largest bank said that it raised Rs 2,500 crore from bonds to fund business growth.

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Global Investing Giants Are Finalizing Stock Picks For Post-Covid Rebound

JP Morgan Asset Management is recommending beaten-down shares of travel companies, airlines and hotels; and Fidelity International is increasing holdings in regions such as Europe.

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Sensex Rally To Continue In 2021 On COVID-19 Vaccine Hopes: Poll

Global stock markets have rallied since a sharp sell-off in March, ignoring deep recessions in most economies and driven largely by billions of dollars of fiscal and monetary stimulus and hopes for a...

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Tesla Market Value Crosses $500 Billion, Surging Over 500% This Year

Tesla is Wall Street's seventh most valuable company, just behind Berkshire Hathaway , and its shares have rallied over 30 per cent since November 16, when it was announced Tesla would join S&P 500...

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Five Things To Know About The Iconic Dow Stock Index

The Dow is one of the oldest equity indices in the world; it was created nearly 125 years ago by Dow Jones & Company, founded by journalists Charles Dow and Edward Jones,

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Petrol, Diesel Prices Paused After Five Consecutive Daily Hikes

In Delhi,the price of petrol remained steady atRs 81.59 per litre, while diesel rates were untouched atRs 71.41 per litre, according to notifications from Indian Oil Corporation.

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Sensex, Nifty Likely To Open Strong

The Dow Jones cracked the30,000 mark for the first time overnight as investors cheered a dramatically improved global outlook and formal clearance for President-elect Joe Biden's transition to the...

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Market Live: Sensex Headed Higher On Favourable Global Cues

The Nifty has gained about 12 per cent so far this month on the back of upbeat vaccine trial results and strong inflows from foreign institutional investors.

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How To Apply For State Bank Of India's Loan Restructuring

SBI Loan Restructuring: Education loans, auto loans, personal loans, housing, and other related loans are covered under the restructuring scheme

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COVID-19 Crisis To Cut Airline Revenues By 60% In 2020: Aviation Body

While airlines have been slashing costs by $1 billion a day, grounding fleets and cutting jobs, they are still racking up huge and "unprecedented" losses.

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Advisable To Book Profits Partially At Current Levels: Motilal Oswal

Hemang Jani of Motilal Oswal Financial Services advises investors to book profits partially and sit on 15-20 per cent cash in their portfolios.

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Rupee Edges 10 Paise Higher Against Dollar, Closes At 74.01

At the interbank foreign exchange market, the domestic unit opened at 74.10 against the dollar and touched an intraday high of 73.88.

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Bitcoin Hits $19,000 For First Time In Three Years

The world's most popular cryptocurrency has gained around 160 per cent this year, fuelled by a demand for risk-on assets amid unprecedented fiscal and monetary stimulus

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Toyota Halts Operations Again As Union Strike Continues

The disruption follows several months of a slump in sales, and comes at a time when vehicle deliveries to dealers are picking up in anticipation of strong demand during the November festive period

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Tejas Express services suspended due to poor occupancy

IRCTC Tejas Express: The Lucknow-New Delhi and the Ahmedabad-Mumbai Central Tejas Express services have been suspended following poor passenger demand

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Biocon To Buy 26% Stake In Hinduja Renewables Two

"The cost of the acquisition is Rs 5,91,61,730 for the acquisition of 26 per cent stake on a fully diluted basis in one or more tranches," the Bangalore-based Biocon said in a BSE filing.

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Coal India Gets 1-day Strike Notice For November 26; Stock Up Nearly 1%

"Four trade unions of CIL have served one-day strike notice in CIL and its subsidiaries on 26.11.2020," Coal India said in a regulatory filing to the stock exchanges.

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Reliance Industries Slips 1% After Jio Platforms Gets Google Deal Amount

Reliance Industries chairman Mukesh Ambani had announced at the group's 43rd, and first-ever virtual annual general meeting, held on July 15 that Google would invest Rs 33,737 crore for a 7.7 per cent...

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Stocks to Watch: Reliance Industries, Coal India In Focus Today

Stocks To Watch: Reliance Industries shares will be watched after the conglomerate said its subsidiary, Jio Platforms, received the subscription amount of Rs 33,737 crore from Google International...

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Petrol, Diesel Prices Hiked Across Metros

In Delhi, the price of petrol was hiked by six paise from Rs 81.53 per litre to Rs 81.59 per litre, while diesel rates were increased by 16 paise from Rs 71.25 per litre to Rs 71.41 per litre.

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Sensex, Nifty Likely To Have A Subdued Opening

Asian stocks opened higher on Tuesday as COVID-19 vaccine progress shored up global sentiment and U.S. President-elect Joe Biden was given the go-ahead to begin his White House transition.

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Sensex Set For A Flat Opening

Stock Market LIVE Updates: In the Asia-Pacific region, the S&P 500 was up 0.52 per cent in early Asian trade, while Japans Nikkei was 1.8 per cent higher and Australias S&P/ASX 200 1.11 per cent...

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All You Need To Know About Reliance Jio Postpaid Plans

Reliance Jio Infocomm, which offers telecom services under the brand name Jio, in September this year launched postpaid plans for their subscribers.

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Crude Imports Drop 22% In October, Biggest Fall Since July

Diesel shipments continued to hold a major share of the total exports but were down 24 per cent on year to 2.37 million tonnes and fell 11.2 per cent on a month-on-month basis.

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Opinion: Tycoon-Led Banks Could Be Dangerous For India

From the conditional nature of the recommendation, it doesn't appear that the regulator will soon reverse its policy of keeping conglomerates away from banking. But the report could pave the way for...

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Coal India To Invest Rs 5,650 Crore Over 4 Years In Solar To Cut Costs

The state-run company will fund nearly two-thirds of its plan to construct rooftop and ground-mounted solar power projects with a capacity of 3,000 megawatts (MW) with cash.

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S&P Sceptical Of Allowing Corporates Into Indian Banking

Corporate ownership of banks raises the risk of inter-group lending, diversion of funds and reputational exposure, S&P said.

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Sensex, Nifty Gain For Second Straight Session Led By IT, Pharma Stocks

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

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Sensex, Nifty Gain For Second Straight Session Led By IT, Pharma Stocks

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

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Strides Pharma Gets Nod For Prednisone Tablets; Stock Sheds Over 1%

Prednisone drugs, also known as corticosteroids, are used as anti-inflammatory and immunosuppressant medications for the treatment of allergic disorders, skin conditions, ulcerative colitis and...

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Despite Stimulus, Data Shows The Government May Be Spending Less

According to the data available with the Controller General of Accounts, however, the central government's total spending fell from Rs 14.9 lakh crore in April-September 2019 to Rs 14.8 lakh crore in...

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Centre Likely To Report Current Account Surplus: Chief Economic Adviser

India's current account surplus rose to a record $19.8 billion in April-June as its trade deficit narrowed sharply, the Reserve Bank of India said earlier.

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Reliance Surges After Competition Commission Clears Deal With Future Group

The Rs 24,713 crore deal that would boost Reliance Industries' fast growing retail business was announced in August.

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Nifty, Sensex Gain Amid Vaccine Hopes; Reliance Industries Leads Pack

Reliance Industries advanced 3 per centafter the country's fair trade regulator approved its deal to buy Future Group's retail assets.

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Reliance Industries, Bharti Airtel, BEML Shares In Focus Today

List of Stocks in Focus Today: Equity markets elsewhere in Asia moved higher with cautious gains.

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Petrol Diesel Rates See Fourth Consecutive Hike

In Delhi, the price of petrol was hiked by 7 paise to Rs 81.53 per litre, while diesel rates were increased by 18 paise to Rs 71.25 per litre.

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Market Live: Sensex, Nifty Set To Have A Positive Start

Share Market LIVE Updates:A broad gauge of Asian shares edged up to record highs on Monday morning amid coronavirus vaccines hopes, but worries over the impact of economic lockdowns and uncertainty...

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Sensex, Nifty Likely To Have A Positive Opening

Trading activity was thin early in the Asian day, with Japanese markets closed for a holiday. Nikkei futures added 0.16 per cent to 25,785 and Seoul's Kospi was 0.84 per cent higher.

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RailTel Receives Market Regulator's Nod To Float IPO

The Cabinet had approved the IPO of RailTel Corporation way back in December 2018, for diluting government stake of up to 25 per cent.

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RailTel Receives Market Regulator's Nod To Float IPO

The Cabinet had approved the IPO of RailTel Corporation way back in December 2018, for diluting government stake of up to 25 per cent.

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Tata Steel Tests Coking Coal Samples To Produce Steel: CEO Narendran

The development assumes significance in the domestic steel industry as a fruitful result of the experiment would break the monopoly of Australia in coking coal supply to India.

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India Is Committed To Support Dispute Resolution Sector, Says Foreign Secretary

"We have proactively reviewed and modernised our arbitration legislation reflecting international best practices to make sure that our laws stay up-to-date," Foreign Secretary Harsh Vardhan Shringla...

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Petrol, Diesel Prices Raised For Third Consecutive Day

In Delhi,the price of petrol was hiked by 8 paisefrom Rs81.38per litre to Rs 81.46, while diesel rates were increased by 19 paise from Rs70.88per litre to Rs 71.07 per litre.

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Income Tax-Saving FD: Check Interest Rates Offered By These Top Banks

The top commercial banks today pay interest at the rates of 5.25 per cent to 5.50 per cent for the general public and 6.00 per cent to 6.30 per cent for senior citizens.

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Atmanirbhar Bharat: Agreement Signed With BEL For Delhi-Meerut Rapid Rail

Atmanirbhar Bharat: The agreement is signed with Bharat Electronics Limited for developing indigenous platform screen doors in the Delhi-Meerut regional rapid transit system.

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G20 Meet: How Does The Debt Service Suspension Initiative Work?

The Debt Service Suspension Initiative, approved in April, offers a temporary suspension of the official sector or government-to-government debt payments

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Petrol Diesel Prices Rise Marginally For The Second Day

Petrol, Diesel Rates Today: The prices of petrol in Delhi, Mumbai, Kolkata, and Chennai were increased by 20-25paise per litre, and those of diesel by 25-30 per litre

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Reliance-Future Deal: Delhi High Court Reserves Order On Future's Plea

The Future Group and Amazon have been locked in a battle after the US-based company took FRL into an emergency arbitration over an alleged breach of contract.

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Vistara Eyes Direct Flights To US

While the specific timeframe and aircraft requirements are yet to be finalised, Vistara is studying various scenarios for starting direct flights

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Bitcoin Gains Over 3% To $18,393 Mark: 10 Things To Know

Bitcoin Price Latest News: Cryptocurrency Bitcoin rose more than 3 per cent to touch the $18,393 mark on Friday, extending recent gains to a fifth straight day. The recent gains in the virtual...

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Inflation-Hedge, Risk On Bet: What Is Behind Bitcoin's 2020 Rally?

Assets under management (AUM) at Grayscale, the world's largest digital currency manager, have soared to a record $10.4 billion, up more than 75 per centfrom September. Its bitcoin fund is up 85 per...

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Banks' Loans Rose 5.7% In Two Weeks To November 6: Reserve Bank Of India

Non-food credit rose Rs 49,110 crore to Rs 103.21 lakh crore, while food credit rose Rs 16,972 crore to Rs 83,631 crore.

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RBI Committee Suggests Allowing Corporates To Take Bank Stakes

RBI's working group committee, which was formed in June to review ownership guidelines and the corporate structure of Indian private sector banks, released its report today

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Fare Trade Regulator Clears RIL-Future Deal Despite Amazon's Objections

Amazon - an investor in one of Future's holding companies - last month won an injunction against the deal from an arbitrator in Singapore.

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Rupee Rises 11 Paise Higher Against Dollar; Closes At 74.16

At the interbank forex market, the domestic unit opened at 74.15 against thedollar, registering a rise of 12 paise over its previous close.

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Sensex, Nifty Resume Up Move After A Day's Pause Led By IT, Banking Shares

All the 19 sector gauges, barring the index of energy shares, ended higher led by the S&P BSE Telecom index's nearly 5 per cent gain.

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Private Trains: L&T, GMR Among 102 Applicants Qualified In First Stage

Public-Private Partnership In Indian Railways: Infrastructure-sector leaders such asLarsen & Toubro (L&T), GMR, BHEL are among the 102 eligible applicants qualified to bid in the first stage.

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Sensex, Nifty Recover From Lower Levels Led By IT, Banking Shares

Nine of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Information Technology index's 1.5% gain.

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All You Need To Know About Lakshmi Vilas Bank-DBS Bank Deal

LVB-DBS Deal: According to the RBI's plan, the well-capitalised DBS Bank India will bring in additional capital of Rs 2,500 crore upfront.

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Gland Pharma Makes Strong Market Debut, Lists At A Premium Of 13%

Gland Pharma Shares: The shares rose to as much as Rs 1,850 on the BSE, up by 23 per cent as compared to issue price of Rs 1,500.

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Titan Company Gains As Jewellery Business Posts Growth In Festive Season

Jewellery business witnessed a mid-teens growth for the 30 day festive season starting from Dussehra till Diwali, Titan Company said.

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Sensex Falls Over 400 Points From Day's High, Nifty Below 12,750

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Private Bank index's over 1 per cent fall.

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US Tariffs Over Digital Tax On Facebook, Google Likely To Hit India: Report

The United Nations is also trying to find a solution by updating its model tax treaty with language about digital taxes.

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Petrol, Diesel Rates Hiked Marginally

Petrol, Diesel Rates Today: State-run oil marketing companies align the domestic rates with global benchmarks by taking into account changes in foreign exchange levels.

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Subrata Roy Must Pay Rs. 62,600 Crore To Stay Out Of Jail: Regulator SEBI

The Supreme Court in 2012 ruled that Sahara group companies violated securities laws and illegally raised over $3.5 billion.

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Sensex Rises Over 250 Points, Nifty Touches 12,850 Amid Broad-Based Gains

Share Market Latest Updates: Globally, equity markets were struck by a wave of uncertainty on Friday after US Treasury Secretary Steven Mnuchin called for an end to coronavirus pandemic relief for...

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Sensex Rises Over 250 Points, Nifty Touches 12,850 Amid Broad-Based Gains

Tata Steel, Bajaj Finserv, Hindalco, Bajaj Finance and NTPC, trading between 2.17 per cent and 2.82 per cent higher, were the top percentage gainers in the Nifty basket of 50 shares.

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Sensex, Nifty Likely To Open On A Positive Note Today

On Thursday, the Sensex had ended 1.31 per cent lower at 43,599.96 and the broader Nifty 50 down 1.29 per cent at 12,771.70, both snapping a four-day winning run.

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SBI Signs Pact With Luxembourg Stock Exchange

Through this MoU, the Luxembourg Stock Exchange would work towards creating a sustainable environment for issuers, asset managers, and investors in terms of ESG focused funds and bonds, according to...

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Reliance Industries Shares In Focus Today

Stocks To Watch: At 8:44 am, the SGX Nifty futures traded up 49.85 points - or 0.39 per cent - at 12,827.20.

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Have You Filed Your Income Tax Return Yet? Know All Important Dates

Important Dates For Filing Your Income Tax Return: The government had extended the deadline for filing ITR for most individual taxpayers to December 31, 2020

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These Banks Pay Up To 8.2% Return On Fixed Deposits

The smaller finance banks are offering interest rates in the range of 3.5-8.5 per cent on fixed deposits up to Rs 2 crore.

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Gold As An Investment Option: How To Invest In The Yellow Metal?

Just like stocks, gold ETFs are listed and can be traded on the stock exchanges on a regular basis, ensuring adequate liquidity and ease of investment.

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India Will Be Worst-Hit Among Major Economies Long After Covid: Report

HSBC Holdings Plc said India's potential growth could drop to 5% in the post-pandemic world from 6% on the eve of the outbreak and more than 7% before the global financial crisis.

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L&T Bags Mega Contract For Bullet Train Project Worth Over Rs 7000 Crore

Mumbai Ahmedabad Bullet Train Project: L&T bagged a contract worth over Rs 7000 crore from the National High-Speed Rail Corporation to construct 87.569 kilometres of the bullet train corridor.

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Rupee Falls 8 Paise Lower Against Dollar, Settles At 74.27

At the interbank forex market, therupee fell by13 paise to 74.32 against the dollar in the opening trade.

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How To Be Financially Healthy and Independent?

Investment is a specialized field and more so in today's times, given the diversity and complexity of investment products on offer.

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Sensex Slumps 580 Point, Breaks Record-Breaking Streak

Traders booked profits at record highs as volatility spiked owing to weekly expiry of index future and option contracts, analysts said.

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Banking Sector Cannot Bear More Financial Strain, Centre Tells Top Court

Supreme Court on Loan Moratorium: The government has decided to bear the cost of the scheme, estimated at Rs 6,500 crore.

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Want To Set Up A Fixed Deposit? Read This First

Top banks such as State Bank of India, HDFC Bank and ICICI Bank pay slightly higher returns to senior citizens compared to other customers.

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Sensex Slumps Over 500 Points, Nifty Breaks Below 12,800 As Banks Drag

Traders were booking profits in index derivatives ahead of weekly expiry of index future and option contracts, analysts said.

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Section 80C Deductions: Your Guide To Popular Income Tax Benefits

Have you fully utilised the income tax benefit available under Section 80C of the Income Tax Act? If not, it may be a great time to sort out your investments and curb your income tax outgo.

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Know All About Various Ways To Invest In Non-Physical Gold

Shares in gold mining companies are available in secondary equity markets. Their prices reflect changes in gold benchmarks.

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SpiceJet Surges After US Lifts Ban On Boeing 737 MAX Planes

The 737 MAX crashes in Indonesia and Ethiopia killed 346 people within five months in 2018 and 2019 and triggered a hailstorm of investigations.

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TCS Fixes Record Date For Buyback Of Shares As November 28; Stock Up 2%

Tata Consultancy Services (TCS) shares: On October 7, the TCS board had approved buyback of around 53.3 million shares at Rs 3,000 per share, amounting to Rs 16,000 crore.

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Adani Has No Guaranteed Buyer For $6 Billion Solar Project: Report

Shares in the firm, controlled by billionaire Gautam Adani, have soared three-fold since the signing of the 8 gigawatt (GW) multi-plant deal.

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DBS To Rescue Lakshmi Vilas Bank, First Such Move By A Foreign Lender

Singapore-based DBS's Indian unit will pump in Rs 25 billion ($336 million) in fresh capital, the central bank said in a statement on Tuesday.

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Gland Pharma To Debut On BSE, NSE On Friday

Gland Pharma's Rs 6,480 crore initial public offering (IPO) had received a muted response; It was subscribed by a mere 2.06 per cent, receiving bids for 6,21,55,670 shares as against the issue size of...

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L&T, TCS, Banking Shares In Focus Today

Stocks To Watch: The Singapore Exchange (SGX) Nifty index fell 102 points ahead of the opening of Indian markets.

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Sensex Falls Over 250 Points As Markets Halt 4-Day Winning Streak

Share markets elsewhere in Asia eased from all-time highs on Thursday as widening COVID-19 restrictions in the US weighed on Wall Street.

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Sensex, Nifty Open Lower, Halt Four-Day Winning Streak

Share Market Latest Updates:Share markets elsewhere in Asia eased from all-time highs on Thursday as widening COVID-19 restrictions in the US weighed on Wall Street.

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Petrol, Diesel Prices Unchanged On Thursday

In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to the state-run Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Weak Opening

Asian stocks followed Wall Street's sharp selloff on Thursday as concerns about rising coronavirus infections and new shutdowns in major U.S. cities hosed down earlier investor enthusiasm about...

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Supreme Court Adjourns Hearing On Loan Relief Case

The RBI had earlier instructed banks and other financial institutions to credit the difference in compound interest and simple interest on repayments of eligible loans up to Rs 2 crore due between...

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Gold Prices Today Fall For 3rd Straight Day; Silver Rates Drop

Gold Price In India Today: MCX gold futures were last seen trading at 1.07 per cent lower at Rs 50,222.00 while silver futures declined 1.35 per cent to Rs 62,391.00.

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Vedanta Group Expresses Interest In Buying Government's Stake In BPCL

''Vedantas EoI for BPCL is to evaluate potential synergies with our existing oil and gas business'', the company said in a statement.

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Rupee Rises 27 Paise Higher Against Dollar; Settles At 74.19

Rupee Against Dollar today: At the interbank foreign exchange market,

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Sensex, Nifty End At Record Highs Led By M&M, Tata Motors

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty PSU Bank index's 3.6 per cent gain.

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Sensex, Nifty Soar To Record Highs Amid Broad-Based Gains

Analysts awaited news updates from a key Supreme Court hearing on interest waivers for loans under moratorium. The outcome of the case could have far-reaching consequences not only for millions of...

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Sensex, Nifty Turn Flat Amid Volatile Trade As Global Markets Step Back

Gains in bank, automobile and energy shares supported the markets, however losses in consumer goods and select IT stocks limited the upside.

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Bitcoin Extends Bull Run, Jumps 10% To Touch $18,450 Mark

On Wednesday, Bitcoin swung in a more than $1,800 range of $16,633-18,450, a day after surging to its highest since December 2017.

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Poonawalla Finance Rolls Out Special Term Loan For Company Secretaries

The loan amount ranges from ₹2 lakh to ₹30 lakh with a flexible repayment tenure between 12-60 months.

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All You Need To Know About LIC's Jeevan Akshay-VII Pension Plan

The pension rates under LIC Jeevan Akshay-VII plan are guaranteed at the inception of the policy and annuities are payable throughout the lifetime of pensioners.

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Opinion: With Lakshmi Vilas Bank, India Is Finally Getting A Rescue Right

The moth-eaten LVB will cease to exist, its equity completely wiped out.

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Laxmi Vilas Bank Rescue Gets Underway With Withdrawal Cap, Merger Plan

The government initiated the process of rescuing the beleaguered Lakshmi Vilas Bank (LVB) on Tuesday by placing it under a moratorium for one month, and capping withdrawals from its customers'...

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GAIL Floats Tender To Buy, Sell LNG For January-February: Report

GAIL is seeking the cargo for January delivery into India and has offered a cargo for loading from the Cove Point plant in the United States in February

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Adani Gas Shares Surge 19% On Heavy Trading Volumes

The company earlier this month reported that its profit in September quarter tripled sequentially to Rs 136 crore.

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Internet Company Behind Naukri.com, Zomato Surges In Stock Market

Info Edge has gained in November despite reporting quarterly profit and revenue that missed analysts' forecasts.

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Lakshmi Vilas Bank Hits Lower Circuit After Centre Caps Withdrawal Limit

The government, on Tuesday, placed the Tamil Nadu-based private sector lender under a moratorium and capped withdrawals on the recommendations of RBI in view of the bank's deteriorating financial...

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Sensex, Nifty Edge Higher Amid Volatile Trade As Global Markets Step Back

MSCI's broadest index of Asia-Pacific shares outside Japan was little changed, drawing support from better handling of the pandemic in much of the region.

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Bitcoin Trading Hits Nearly 3-Year High, Well Above $17,000

Bitcoin's perceived quality as a hedge against inflation and expectations of mainstream acceptance lured institutional and retail demand.

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Sensex, Nifty Turn Flat Amid Volatile Trade As Global Markets Step Back

Share Market Latest Updates: MSCI's broadest index of Asia-Pacific shares outside Japan was little changed, drawing support from better handling of the pandemic in much of the region.

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Saudi Aramco To Raise $8 Billion From Five-Part Bond Deal

The move is part of an onslaught on international debt markets by Gulf issuers seeking to plug finances hit by the pandemic and weak oil prices, which has pushed regional issuance past last year's...

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Amazon Launches Online Pharmacy, Enters Into Competition With Drug Retail

The move builds on the web retailer's 2018 acquisition of PillPack, which Amazon said will remain separate for customers needing pre-sorted doses of multiple drugs.

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Petrol, Diesel Prices Unchanged On Wednesday

In the national capital Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to the state-run Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Subdued Opening

Asian equities were set for a sluggish open on Wednesday, tracking a lower Wall Street session;Japan's Nikkei 225 futures fell 0.35 per cent, while Australia's S&P/ASX 200 were up 0.4 per cent in...

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RBI To Fold Lakshmi Vilas Bank Into Arm Of Singapore's DBS

RBI also said in a statement it had temporarily capped withdrawals from Lakshmi Vilas, which had been locked in protracted talks with Clix Capital, at Rs 25,000

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Sensex, Nifty Soar To Record Closing Highs As Financials Jump

Gains in banking, financial services and metal shares supported the markets, however losses in select IT, pharma and energy shares limited the upside.

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Centre Seeks Time On Appealing Against International Award In Vodafone's Favour

Centre sought time on whether it would challenge an international arbitration tribunal's award in favour of Vodafone under the India-Netherland Bilateral Investment Protection Agreement

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Centre Caps Withdrawal From Lakshmi Vilas Bank At Rs 25,000 Till Dec 16

The central government of Tuesday placed Tamil Nadu-based private sector lender Lakshmi Vilas Bank under moratorium and capped withdrawal at Rs 25,000 for one month

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AirAsia Group Reviewing India Investment, Hints At Possible Exit: Report

The group said in a statement that its operations in India, like those of its now-shuttered Japan business, have been draining cash and adding to the group's financial stress

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SBI, HDFC Bank, Other Top Lenders Pay These Returns On Fixed Deposits

Commercial lenders currently provide a slew of maturity options for retail fixed deposits, which are fixed deposits up to Rs 2 crore.

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These Key Risks Could Make 2021 The Toughest Year For Global Banks

Economic disruption due to COVID-19, weakening in property rates, short term supports, and surge in corporate insolvencies could make 2021 the toughest year for global banks

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Vodafone Towers Unit Expects Greater Core Earnings Ahead Of Listing

Vantage will operate around 68,000 macro sites across nine European countries, with commitments to build 7,100 new sites by financial year 2027

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Oil Firms Need To Bring In Foreign Players To Unlock Resources

India's exploration licensing rounds have so far seen a lukewarm response from global oil majors

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Sensex, Nifty Close At Record Highs For Second Day Led By Banks

Overall market breadth was positive, as 1,561 shares closed higher against 1,257 that ended lower on the BSE.

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Rupee Rises 16 Paise Against Dollar; Settles At 74.46

Rupee Against Dollar today: At the interbank foreign exchange market, rupee rose 22 paise to 74.40 against US dollar in early trade.

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Sensex Touches 44,000 For First Time As Markets Continue Record Run

Domestic stock markets continued to rise on Tuesday after a day's holiday as global equities rose with investors cheering the news of another promising coronavirus vaccine and optimism about world...

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HDFC Bank Cuts Interest Rate On These Fixed Deposits From November 13

With effect from November 13, HDFC Bank, the country's largest lender by market value, pays an annual return of 5.4 per cent to senior citizens and 4.9 per cent to other customers.

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Bharat Petroleum Corporation Shares Fall 5% After First Round Of Bidding

BPCL Stock Price: Bharat Petroleum shares dropped as much as 4.93 per cent to Rs 392.35 apiece on the BSE.

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Aadhaar PVC Card Is Easy To Carry, Has New Security Factors; Top Features

Aadhaar PVC Card Features: The card makes use of the latest security features including a hologram, the guilloche pattern, a ghost image, and microtext

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How To Check Status Of Aadhaar PVC Card Order

The Unique Identification Authority of India provides updates on its services through social media from time to time.

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Gland Pharma IPO: Here's How To Check Allotment Status

China's Fosun Pharma-backed Gland Pharma's Rs 6,480 crore IPO had managed to sail through, bagging subscription of a mere 2.06 per cent.

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Got Lucky, Got It Right: Newbie Traders Scored Amid Pandemic, Recession

In a year of extreme volatility, the stocks newbie traders love most have soared 56 per cent, beating the usually bulletproof S&P 500 by 45 percentage points, going by Goldman Sachs data.

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Sensex Touches 44,000 For First Time As Markets Continue Record Run

Domestic stock markets continued to rise on Tuesday after a day's holiday as global equities rose with investors cheering the news of another promising coronavirus vaccine and optimism about world...

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Reliance Industries Spurts 4% On Urban Ladder Acquisition

On Saturday, Reliance Industries' retail arm Reliance Retail Ventures bought a 96 per cent stake in online furniture retailer Urban Ladder, thereby expanding its presence in India's fast-growing...

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Petrol, Diesel Prices Unchanged On Tuesday

Fuel Price in India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs 70.46 per litre, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Open Firm

Australia's S&P/ASX 200 rose 0.6 per cent in early trading, while Hong Kong's Hang Seng index futures gained 0.27 per cent and Japan's Nikkei 225 climbed 0.5 per cent.

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Government Gets Good Response On Bharat Petroleum Stake Sale: Report

BPCL Stake Sale: Bidding will take place in two stages. Qualified bidders in the first round will be asked to make a financial bid in the second round.

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Government To Not Extend Deadline For Bharat Petroleum Bids: Report

Bharat Petroleum Corp Ltd and will not extend the deadline for private firms submitting initial bids

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How To Get New Aadhaar PVC Card Online

Aadhaar PVC Card Online: According to UIDAI, the Aadhaar PVC cards can be ordered online by one person using his or her mobile number for the entire family.

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At 32% This Year, Gold Gives Best Return In 9 Years

Gold is in a broader uptrend this year on account of rising coronavirus infections around the globe and changes in forex rates.

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Axis Bank Revises Fixed Deposit Interest Rates

Currently, Axis Bank provides annual returns to the tune of 2.5-3.5 per cent on fixed deposits of up to Rs 2 crore of up to six months, according to the lender's website -axisbank.com.

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HDFC Mutual Fund Appoints Navneet Munot As CEO

Navneet Munot, who was the chief investment officer of SBI Funds Management, will succeed HDFC Mutual Funds long-time Managing Director and CEO Milind Barve

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Fire At Oil India's Assam Well Extinguished After Six Months

Assam oil well-blowout: Officials had since been struggling to contain the blowout, even as black smoke continued to billow out of the well for months.

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Wholesale Inflation Worsens To 1.48% In October

The wholesale inflation in October 2020 increased to eight months high of 1.48 per centas compared to 0.00% during the corresponding month of the previous year.

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Domestic Diesel Sales Drop 5% In First Half Of November

Diesel consumption, a key parameter linked to economic growth and which accounts for about 40 per cent of overall refined fuel sales in India

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Bidding For Bharat Petroleum Stake Sale To End Today: 10 Things To Know

The initial bidding for privatisation of state-run Bharat Petroleum Corporation Limited (BPCL) will end today. The government has been trying to offload its entire 52.98 per cent stake in BPCL, the...

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Asian Markets Hit Record Highs As Vaccine Hopes Dampen Coronavirus Fears

MSCI's broadest index of Asia-Pacific shares outside Japan gained 1 per cent to hit its highest since its launch in 1987 with markets across the region making milestone peaks.

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These Five Nifty Stocks Surged More Than 50% In Samvat 2076

IT and pharma stocks, and heavyweight Reliance Industries have led the recent recovery in the benchmarks, which have rebounded two-thirds of their losses this year on account of COVID-19.

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Diwali Sales Up 10.8% In 2020: Top Retail Trade Body

CAIT members include retailers who sell everything from electrical items to furniture and footwear.

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BSE, NSE Shut Due To Diwali Balipratipada

The benchmark indices closed at record highs in Saturday's Muhurat trading session; the Sensex rose 0.45 per cent to end at 43,638 and Nifty climbed up 0.47 per cent to settle at 12,780

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Petrol, Diesel Prices Unchanged On Monday

In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs 70.46 per litre, according to the state-run Indian Oil Corporation.

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Diwali 2020: Goods Worth ₹72k Crore Sold Amid Boycott Of Chinese Products

Toys, FMCG goods, electrical appliances, gift items, home furnishing, sweets, Diwali pooja items such as clay diyas, handicraft products were the major goods recording sale during the festive season.

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Economy May Be Recovering Faster Than Expected: Oxford Economics

Inflation is expected to average significantly above 6 per cent in the fourth quarter of the current fiscal and the RBI may hold policy rates in December monetary policy review meeting.

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Rate Cuts Bets Drop As Recovery Gains Hold, Inflation Remains High

Negative real rates in India and recovering growth alongside high inflation suggest its central bank has little room for more monetary stimulus, but the policy is likely to stay accommodative

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Reliance Retail Buys Urban Ladder for Rs 182 Crore; All You Need To Know

The acquisition would amplify Reliance's e-commerce presence in India to emerge as a potent competitor to current sector leaders such as Walmart Inc's Flipkart and Jeff Bezos's Amazon.

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Reliance Acquires Majority Stake In Furniture Retailer Urban Ladder

Reliance Industries said on Sunday (November 15) that it has bought a 96 per cent stake in online furniture retailer Urban Ladder for Rs 1821.2 million ($24.4 million)

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Petrol, Diesel Prices Remain Unchanged On Sunday

In national capital Delhi, the price of petrol remained at₹81.06 per litre and diesel was Rs70.46 per litre, according to recent notifications from state-run Indian Oil Corporation.

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Sensex, Nifty Close At Record Highs In Special Muhurat Session

Muhurat Trading 2020: The Sensex and Nifty indices rose to record closing highs of 43,638 and 12,780 respectively.

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Sensex, Nifty Hit Record Highs In Special Muhurat Trading Session

Muhurat Trading 2020: Domestic stock markets began the first session of Samvat 2077, the new year according to the Hindu calendar, at record highs in a special Muhurat trading session. The S&P BSE...

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Muhurat Trading Session To Begin Shortly. Here's All You Need To Know

Diwali 2020: In Samvat 2076, the Sensex gave a return of more than 11 per cent.

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Sensex, Nifty Likely To Open At Record Highs On Diwali Muhurat Session

The Indian equity markets are likely to open at record highs on special Muhirat trading session on festival of Diwali.

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Sensex Up 11% Since Last Diwali. All You Need To Know Before Markets Enter Samvat 2077

Diwali 2020: In Samvat 2076, the S&P BSE Sensex index rose 11.23 per cent whereas the broader NSE Nifty 50 benchmark climbed up 9.81 per cent.

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Ready For Muhurat Trading? Here Are Some Stock Picks By Top Brokerages

Diwali 2020: Brokerages have shared their top picks for Samvat year 2077.

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Zomato Raises $195 Million From Investors At $3.6 Billion Valuation

The investment is the latest in a slew of funding for Zomato in recent months, ahead of its planned initial public offering in the first half of 2021.

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All You Need To Know About Special 1-Hour Muhurat Trading Session Today

Diwali 2020 Muhurat Trading: This year, the Muhurat trading session will begin at 6:15 pm and end at 7:15 pm on Saturday, November 14.

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BSE, NSE To Hold Muhurat Trading Session On Diwali. All You Need To Know

Muhurat Trading 2020: Both stock exchanges will remain closed on November 16 for Diwali Balipratipada.

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Foreign Exchange Reserves Surge $8 Billion To Record High Of $568 Billion

In the previous week ended October 30, the reserves had increased by $183 million to $560.715 billion.

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Gold Set For Best Annual Return In 9 Years This Dhanteras

A look at gold returns between Dhanteras festivals shows that gold is, in fact, headed for its best annual return since 2011.

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Sensex, Nifty Resume Rally After A Day's Pause Led By Pharma, Metal Stocks

Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal index's over 1.5 per cent gain.

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Diwali: A Good Time To Start The Investment Journey

A host of investment avenues, ranging from equities and index funds to corporate bonds and gold, can create wealth and achieve financial security for the future.

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Sensex Drops Over 250 Points As Financial Stocks Weigh On Markets

Domestic stock markets started Friday's session on a lacklustre note amid weakness in banking, financial services and energy shares, a day after benchmark indices Sensex and Nifty halted a rally that...

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Wondering Where To Invest This Dhanteras? Here Are Some Brokerage Calls

Diwali stock picks: In Samvat 2076 Sensex and Nifty rallied 11% and 9.55% despite huge volatility due to Coronavirus pandemic.

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Motilal Oswal Recommends Investing In Airtel, SBI, Infosys In Samvat 2077

Strong global markets can keep the liquidity abundant in the system, thus providing support to the overall markets in Samvat 2077.

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Planning To Buy Gold This Dhanteras? Here's All You Need To Know

Dhanteras Gold Purchase: Gold has gained by nearly one third so far this year (year-to-date) which is why restricting purchases to small quantities is recommended, say wealth planners.

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Domestic Gold Futures Edge Higher To Rs 50,665 On Dhanteras

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures were last seen trading 0.05 per cent higher at Rs 50,625.

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Reliance Industries To Invest Up In Bill Gates' Climate Change Firm

Reliance Industries will make the investment in tranches over the next eight to 10 years and the transaction is subject to approval from the Reserve Bank of India.

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Sensex Drops Over 250 Points As Financial Stocks Weigh On Markets

Domestic stock markets started Friday's session on a lacklustre note amid weakness in banking, financial services and energy shares, a day after benchmark indices Sensex and Nifty halted a rally that...

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Why Amazon Is Feuding With A Partner And Billionaire Mukesh Ambani

Amazon says Future violated a contract with the sale to its rival and wants to halt it, while the indebted Mumbai-based firm says it would collapse if the transaction were to fail.

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Petrol, Diesel Prices Remain Unchanged On Friday

In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to notifications from state-run Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Weak Opening

Australian S&P/ASX 200 shares dipped 0.12 per cent in early trading. Hong Kong's Hang Seng index futures lost 0.16 per cent, while Japan's Nikkei 225 futures added just 0.22 per cent.

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Rupee Weakens 29 Paise Against Dollar; Settles At 74.64

During the session, the domestic unit recorded an intra-day high of 74.38 and a low of 74.74 against the US currency.

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India's GDP To Shrink By 8.9% In 2020, Says Moody's

The government announced a fresh round of stimulus taking the total to around 29.88 lakh crore or 15 per cent of the GDP to help pull the economy.

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Finance Minister Adds Diwali Sparkle To Realty With Atmanirbhar Bharat 3.0

As part of the announcement, the first-time buyers of houses pricedup to Rs 2 crore will get income tax relief of up to 20 per centand this will be available till June 30, 2021.

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Atmanirbhar Bharat 3.0 Takes Overall Economic Support To 15% Of GDP

Economists said the new package included the March allocation as well as liquidity measures announced by the central bank worth Rs 6.5 lakh crore.

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Atmanirbhar Bharat 3.0: Key Takeaways From Government's Stimulus Package

The finance ministers announcements under Atmanirbhar Bharat 3.0 come oneday after theCabinet approved the Production-Linked Incentive (PLI) scheme for 10 champion sectors

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Sensex, Nifty Snap 8-Day Winning Streak Dragged By Banks

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

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Rs 29.88 Lakh Crore Provided In Stimulus To Revive Economy From COVID-19

The Reserve Bank of India's stimulus measures amounts to Rs 12,71,200 crore, Finance Ministry's presentation showed.

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Income Tax Relief For Developers, Home-Buyers To Boost Real Estate Demand

Finance Minister Nirmala Sitharaman has announced income tax relief for developers and home-buyers in order to boost the demand for residential real estate, as part of Atmanirbhar 3.0 stimulus...

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Atmanirbhar 3.0: Nirmala Sitharaman Announces Scheme For Job Creation

Every EPFO registered established organisation, who take new employees who were never covered under EPFO or those who lost their job between Mar 1 and Sept 30 this year, will be given benefits.

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Strong Recovery Emerging, Says Nirmala Sitharaman

All economic indicators are revealing that recovery is clearly happening, the Finance minister said and pointed out that GST collections were at Rs 1.05 lakh crore in October, up 10 per cent on a...

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Nirmala Sitharaman Announces New Measures To Revive Economy

Coronavirus cases are still surging in several parts of the country, which has been adding more than 40,000 cases a day.

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Startups Seek High-Tech Solutions For Massive Food Waste

Entrepreneurs are selling farmers apps to connect them to big buyers nationwide and using artificial intelligence to improve the rickety supply chains that lose one-fourth of India's produce to...

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Indian Companies' Profits Rebound After World's Biggest Lockdown

Aggregate net income of 46 NSE Nifty 50 members grew 4.8 per cent from a year earlier in the quarter through September, according to data compiled by Bloomberg.

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Sensex Falls 300 Points, Nifty Near 12,700 As Markets Off Record Highs

The government on Wednesday announced production-linked incentives worth about Rs 2 lakh crore spread over five years for manufacturers in 10 sectors.

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Rupee May Return To Near Pre-Covid Levels By March, Says Nomura

The rupee is Asia's worst performer with a year-to-date loss of 4 per cent.

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India In Historic Technical Recession, RBI Says In First "Nowcast"

Gross domestic product contracted 8.6 per cent in the quarter ended September, the Reserve Bank of India showed in its first ever published 'nowcast.'

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Gold Up 31% Since Last Dhanteras. All You Need To Know

Dhanteras 2020: The price of gold in its physical form includes making charges, which is the cost covering the cost of giving gold shape such as jewellery.

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Rs 8,100 Crore Assistance For Infra Viability Gap Funding Gets Nod

An official release said revamped Viability Gap Funding Scheme mainly relates to two sub-schemes for mainstreaming private participation in social infrastructure:

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RBI Bought Net $8.17 Billion In Forex Market In September: Report

The RBI bought $13.32 billion and sold $5.15 billion in the market in September, it said in a bulletin released late on Wednesday.

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Sensex Opens Over 300 Points Lower, Nifty Near 12,700

The government on Wednesday announced production-linked incentives worth about Rs 2 lakh crore spread over five years for manufacturers in 10 sectors.

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Piyush Goyal Invites Global Investors To India

In his address today at Conference ''India: Drivers of Change'' organised by the Bank of America on Wednesday, My Goyal said that the country offers fair value for their investments.

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Petrol, Diesel Prices Unchanged On Thursday

In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to notifications from state-run Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Cautious Start

Australian S&P/ASX 200 shares rose 0.29 per cent in early trading, while Japan's Nikkei 225 futures fell 0.2 per cent and Hong Kong's Hang Seng index futures rose 0.56 per cent.

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Gold Prices Likely To Surge By This Much In Long Term

Domestic spot gold closed atRs 50,708 per 10 grams on Wednesday, and silver atRs 62,440 per kilogram - both rates excluding GST

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Small Savings Schemes Provide Up To 7.6% Return Now. Compare Rates

Of these schemes, the time deposit or term deposit scheme comes in four maturity options, ranging from one to five years.

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"Revenue Shock" Forces States To Cut Spending By Up To Rs 2.7 Lakh Crore: ICRA

Though central government collects the bulk of the taxes, it is the states which do most of the expenditure, including on education, healthcare, law and order.

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Government To Spend Rs 2 Lakh Crore Over 5 Years To Boost Manufacturing

The incentives will be given to manufacturers in 10 sectors including automobiles and auto parts, pharmaceuticals, textiles, and food products to attract investment

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Rupee Slips 18 Paise Against Dollar; Settles At 74.36

BSE Sensex settled 316.02 points or 0.73 per cent higher at 43,593.67 after reachingits all-time peak of 43,708.47 during the session.

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State-Funded Infrastructure Capex To Remain Weak In Near Term: ICRA

The actual spending on infrastructure could decline by up to 40 per cent with the COVID-19 pandemic impacting states' revenue.

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Another Round Of Stimulus Likely Before Diwali: Sources

The stimulus would focus on job manufacturing and a further extension of the cabinet's decision to give a push to growth with productivity-linked schemes.

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Sensex, Nifty Close At Record Highs, Rally For Eighth Session In A Row

Mid- and small-cap shares underperformed their larger peers as Nifty Midcap 100 and Nifty Smallcap 100 indexes rose 0.4 and 0.7% each respectively.

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Cabinet Approves Production-Linked Incentive Scheme For 10 Sectors

Production-linked incentives will be offered for sectors such as white goods manufacturing, pharmaceutical, specialised steel, auto, telecom, textile, food products, solar photovoltic and cell...

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Gland Pharma IPO Oversubscribed On Final Day Of Subscription

Gland Pharma's public offer will be the largest pharma IPO in the country, as per estimates. It will also be the Indian company, with Chinese parentage, to tap the primary marker for funding.

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Sensex, Nifty Stage Recovery From Intraday Lows Led By Infosys, HDFC

Nine of 11 sector gauges compiled by the National Stock Exchange were trading higher led by Nifty Pharma index's 3.72 per cent gain.

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Sensex Falls Over 650 Points From Day's High As Markets Halt Rally

Domestic stock markets halted a record-breaking spree on Wednesday amid selling pressure in select financial shares, as investors weighed the prospect of a coronavirus vaccine and global recovery....

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Shares Rise For 8th Straight Session Hitting Record High

The NSE Nifty 50 index rose 0.7 per centto 12,718.65 by 0514 GMT and the S&P BSE Sensex gained 0.672 per centto 43,545.6.

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Glenmark Pharma Gets Nod For Tacrolimus Capsules; Stock Gains Nearly 2%

Glenmark Pharma received final approval from USFDA for Tacrolimus capsules, which are used as immunosuppressants to prevent human immune system from rejecting liver, kidney and heart transplants.

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US Job Openings Indicate Slow Labor Market Recovery

US job openings: Labor-market recovery slows as job openings were up 84,000 to 6.4 million on the last day of September. Vacancies remained below their 7 million level in February.

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Kotak Bank, MRF, Yes Bank, 9 Others To Be Added To MSCI India Index

The changes in index constituents, consisting in addition of 12 stocks and removal of two, will take effect from November 30, MSCI said in a statement.

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Sensex, Nifty Off Record Highs; Reliance Industries, HDFC Bank Top Drags

Six of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Realty index's nearly 1 per cent fall.

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Wipro Bags Five-Year Contract From ThoughtSpot; Stock Gains Over 1%

ThoughtSpot is a search and Artificial Intelligence-driven analytics platform that facilitates exploration, analysis and sharing of real-time business analytics data.

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Opinion: These Tools Empower Investors In Operating Demat Accounts Safely

These tools empower the investor, making the experience of operating a demat account and investing in financial markets hassle-free, independent and safe.

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Sensex, Nifty Surge To Record Highs As Markets Extend Rally

Domestic stock markets continued their record-breaking spree on Wednesday, extending a rally to an eighth session in a row, as optimism around the development of a COVID-19 vaccine pushed global...

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Petrol, Diesel Prices Remain Unchanged On Wednesday

In Delhi, the price of petrol was Rs 81.06 per litre and diesel was Rs 70.46 per litre, according to the state-run Indian Oil Corporation.

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Sensex, Nifty Likely To Open Firm

Asian shares rose on Wednesday as hopes for a successful coronavirus vaccine lifted expectations of a swift reopening of the global economy.

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Domestic Gold Metal Futures Gain Over 1%, Regain Rs 50,400 Mark

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures settled at Rs 50,984 for the day, down 2.27 per cent for the day.

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No Big Correction Ahead, Say Analysts As Sensex Scales New Peak

US-based drug maker Pfizer's statement on Monday that its experimental COVID-19 vaccine showed over 90 per cent effectiveness based on initial trial results boosted global market sentiment.

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Gland Pharma IPO Subscribed 22% On Second Day Of Subscription

Gland Pharma's public offer will be the largest pharma IPO in the country, as per estimates. It will also be the Indian company, with Chinese parentage, to tap the primary marker for funding.

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Paytm Starts Payout Links For Businesses; Now Process Instant Payouts

Paytm Payout Link enables the receiver to exercise greater control in choosing exactly which account to receive the funds in and to maintain the privacy of bank details

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Delhi High Court Summons Amazon On Future Retail's Suit

Justice Mukta Gupta issued summons to Amazon, Future Coupons Pvt Ltd, and Reliance Retail Ltd on the FRL suit and asked them to file their written statements within 30 days.

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Gold Futures Tumble 2% To Rs 50,984 Amid COVID-19 Vaccine Optimism

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures settled at Rs 50,984 for the day, down 2.27 per cent for the day.

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$320 Billion More Potential In 11 Manufacturing Value Chains: McKinsey

The 11 identified value chains can foster India's growth as they are well-positioned to capitalize on the country's advantages in raw materials, manufacturing skills, and entrepreneurship.

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Sensex, Nifty Close At Record Highs For Second Straight Session

Sensex rose as much as 719 points to hit record high of 43,316.44 and Nifty climbed as much as 182 points to hit an all-time high of 12,642.55.

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ZebPay To Launch First Non-Fungible Crypto Token 'Dazzle'

Non-fungible tokens (NFT) arecryptographic tokens that represent something unique and are not mutually interchangeable.

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NSE To Launch First Agricultural Commodity Futures Contract On December 1

The futures contract for crude degummed soybean oil will have a lot size of 10 metric ton (MT) and Kandla as the price basis; it will be settled by cash on a monthly basis.

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Sensex, Nifty Rally On Record Breaking Spree On COVID Vaccine Cheer

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

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Poll Suggests October CPI Above 7%; Industrial Output Drops

The poll also predicted industrial output in September dropped 2.0 per cent from a year earlier, the seventh consecutive month of falls and its longest streak of decline since June 2009,

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Pfizer Soars 19% To All-Time High After Parent Firm's Vaccine Trials

Pfizer said its COVID-19 vaccine, developed in association with the German partner BioNTech SE, was more than 90 per cent effective against SARS-CoV-2.

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Nifty, Sensex Scale New Record Highs On COVID-19 Vaccine Cheer

Stocks of IndiGo owner InterGlobe Aviation rose 5.3 per cent, while hotel operators EIH and Lemon Tree jumped more than 5 per cent each.

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Sensex Gains Over 200 Points As Rally Enters Seventh Day

Share Market Latest Updates: The S&P BSE Sensex index 361.82 points - or 0.85 per cent - higher at 42,959.25.

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Gold Plunges 5% As Stocks Soar On Covid-19 Vaccine Euphoria

Pfizer Inc said its experimental COVID-19 vaccine was more than 90 per cent effective; Pfizer and BioNTech SE said they expect to seek U.S. emergency use authorization later this month.

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RBI Regulated Markets Now Operate For These Extended Hours

The RBI regulates foreign exchange, corporate bond/commercial paper, government security, deposit certificate and currency as well as commodity derivatives instruments.

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Nirmala Sitharaman Attended First BRICS Finance Ministers

The meeting discussed outcomes of the G20 Saudi Presidency in 2020, a digital platform to encourage infrastructure investments and expanding membership of New Development Bank.

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Gold Futures Slide Below Rs 49,700 Mark Amid COVID-19 Vaccine Optimism

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures settled at Rs 49,665 for the day.

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Petrol, Diesel Prices Remain Unchanged On Tuesday

Fuel Price in India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to notifications from state-run Indian Oil Corporation.

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Sensex, Nifty Likely To Open Strong

Asian share markets mostly shot higher, driven by regional airline, tourism and travel stocks; Japan's Nikkei 225 rose 1.1 per cent and Australia's S&P/ASX 200 rose 1.6 per cent.

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Crude Oil Surges On COVID-19 Vaccine, Production Cut Hopes

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said the OPEC+ deal on oil output cuts could be adjusted if there is consensus among members of the group.

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Crude Oil Surges To $43 Per Barrel, Biggest Single-Day Jump In 6 Months

Crude oil rates surged more than 10 per cent on Monday in their biggest single-day gain in six months, on hopes of a COVID-19 vaccine and a cut in output by top producers. Brent crude futures - the...

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Government Seeks Foreign Investment In Strategic Petroleum Reserves

Government recently allowed Abu Dhabi National Oil Co (ADNOC) to re-export some of its oil stored in Mangalore SPR, mirroring a model adopted by South Korea and Japan.

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India To Be Key Driver Of Global Oil Demand In Coming Decades: Oil Minister

India's share of global energy consumption was set to rise from the current 7 per cent to 12 per cent by 2050, oil minister Dharmendra Pradhan said.

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October Car, Motorbike Sales Skid As Dealers Caution Over Stock

Companies including Maruti Suzuki, Hyundai Motor and Hero MotoCorp reported strong dealer demand in October in anticipation of high sales in the run up to the festival of Diwali this week.

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Gold Futures Tumble 2% To Rs 50,984 Amid COVID-19 Vaccine Optimism

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures settled at Rs 50,984 for the day, down 2.27 per cent for the day.

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Sovereign Gold Bond Issue Price At Rs 5,177. Here's How It Is Calculated

Sovereign Gold Bond scheme 2020-21: The issue price is calculated using a simple average of prices provided by Mumbai-based industry body IBJA.

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All You Need To Know About Sovereign Gold Bonds

Gold Bond Scheme: The eighth tranche of the gold bond scheme, which opened for subscription on Monday, November 9, will be available for investing till Friday.

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Sensex, Nifty Close At Record Highs: 10 Things To Know

The S&P BSE Sensex and NSE Nifty 50 indexes surged to record highs on Monday on the back of strong global cues on expectations of better global trade ties and more monetary stimulus under US...

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UltraTech Cement, TCS, Divi's Labs Among Anand Rathi's Top Diwali Picks

The benchmarks have staged a strong rally from the lows hit in March as the country went into lockdown to curb the spread of COVID-19 pandemic.

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IT Shares Gain On Hopes Of Easy Work Visas Under Biden's Administration

Gauge of 10 IT shares on the National Stock Exchange - Nifty IT index - climbed as much as 2% with all, but one share, in the index trading higher.

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Gland Pharma IPO Opens Today. Here's All You Need To Know

The IPO consists of a fresh issue of shares worth around Rs 1,250 crore and an offer for sale of more than 3.4 crore shares by Fosun Pharma, Gland Celsus Bio Chemicals, Empower Discretionary Trust and...

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Sensex Rises Over 350 Points, Nifty Near 12,400

Share Market Latest Updates: Analysts say optimism around the ongoing corporate earnings season continues to support the markets.

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US Markets Set To Welcome Joe Biden's Election As President

At around 0015 GMT, futures contracts for December on the Dow Jones appreciated by 0.99 per cent, on the Nasdaq by 1.28 per cent and on the S&P 500 by 1.02 per cent.

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Petrol, Diesel Prices Remain Unchanged On Monday

Fuel Price in India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to notifications from state-run Indian Oil Corporation.

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Sensex, Nifty Likely To Open Strong

Asian markets are headed for a positive start, going by early futures trading, and SGX Nifty futures have also opened deep in the green after Joe Biden won the race to the US White House.

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Centre Plans To Sell Up To 15% Stake In Railway PSU IRCON

At the current market price, the government could raise about Rs 450 crore by selling 15 per cent stake in IRCON

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Atal Beemit Vyakti Kalyan Yojana Extended; Rate Of Relief Enhanced To 50%

The ESIC has extended the scheme ofAtal Beemit Vyakti Kalyan Yojana from July 1, 2020 to June 30, 2021. Apart from this, it was also decided thatthe rate of relief under the scheme will be enhanced...

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4 Years After Demonization, Cash Still Used For These Payments

According to RBI, digital payments made through RTGS, credit transfers such as NEFT, UPI, AePS, IMPS, etc, card payments etc grew 135.4 per cent from 1,459.02 crore in 2017-18to 3,434.55 crore in...

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Investors Heave Sigh Of Relief After Joe Biden Wins US Presidential Elections

Major U.S stock indexes registered their biggest weekly gains since April this week, as investors bet Biden would win and Republicans would hold onto the Senate

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Petrol, Diesel Prices Remain Unchanged On Sunday

In Delhi, the price of petrol remained at Rs 81.06 per litre and that of diesel at Rs 70.46 per litre, according to notifications from state-run Indian Oil Corporation.

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Adani Group Takes Over Ahmedabad Airport Operations

Airports Authority of India has completed handing over procedure of SVPI Airport to Adani Ahmedabad International Airport Ltd

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US President-Elect Joe Biden's Trade Policy Will Aim At China

His top economic priority will be to revive an economy slammed by the coronavirus pandemic, so trade agreements will likely take a back seat to stimulus efforts and infrastructure development.

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Sebi Introduces Flexi-Cap Category For Mutual Fund Investors

A Flexi-cap fund will have to invest minimum 65 per cent of total assets in equity and equity-related instruments, but, unlike multi cap funds, there would be no restriction in allocating funds across...

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Gland Pharma Garners Rs 1,944 Crore From Anchor Investors Prior To IPO

The anchor investors include Government of Singapore, Nomura, Goldman Sachs, Morgan Stanley, SBI Mutual Fund, Axis Mutual Fund and SBI Life Insurance and Fidelity.

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Economy Expected To Bounce Back From Next Financial Year: SBI Chairman

Mr Khara said the economy had shown "resilience to come out from the downturn" and some positive traction was witnessed towards the end of the first quarter of the current fiscal.

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Petrol, Diesel Prices Unchanged On Saturday

In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was at Rs 70.46 per litre, according to notifications from state-run Indian Oil Corporation.

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Rupee Gains For Second Straight Day, Settles At 74.20 Against Dollar

A rally in domestic equities amid continuous foreign fund inflows supported the domestic currency.

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Domestic Gold Futures Hold Rs 52,020 Mark Amid Volatile Trade

Gold Price In India Today: MCX gold futures moved within a range of Rs 51,711-52,450 during the session before settling at Rs 52,020, down 0.07 per cent for the day.

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How To Request An Aadhaar Reprint And Get It Delivered

Upon submitting the request and paying the applicable fee, the UIDAI sends the printed copy of Aadhaar card to the user's registered address by mail.

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Domestic Flight Fare Bands Unchanged Till February; More Flights Soon

The Ministry of Civil Aviation stated that it has been monitoring the traffic every day, and that the air traffic is expected to further pick up because of the festive season. As the passenger traffic...

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Sensex, Nifty Rally For Fifth Straight Day Led By Reliance, Banking Shares

For the week, Nifty rallied 5.33 per cent, Sensex advanced 5.75 per cent and the gauge of banking shares Nifty Bank index surged 10 per cent.

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Full Economic Recovery Unlikely In US Until Normalcy Resumes

The Labor Department's employment report on Friday will underscore the challenges the next US President confronts to keep the economy growing as it continues to heal from the deepest recession ever...

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Top Court Orders Airtel, Vodafone To Provide Details On Special Offers

The matter relates to a dispute between telecom companies and the regulator over disclosure of such information.

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How WhatsApp Will Roll Out Its Payment Service In India

The Facebook-owned firm said it was launching Whatsapp Pay just hours after it was given permission by the country's payments regulator.

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Sensex Up Over 400 Points, Nifty Above 12,200 Led by Reliance Industries

Fifteen of 19 sector gauges compiled by the BSE were trading higher led by the S&P BSE Energy index's nearly 3 per cent gain.

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Fed Keeps Policy Steady As Biden Inches Closer To Victory

Powell said the Fed is only now beginning to consider whether it needs to extend various emergency credit facilities beyond their December 31 expiration.

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Reliance Industries Gains After Saudi Wealth Fund Invests In Retail Arm

With PIF's latest investment Reliance Retail Ventures has raised Rs 47,265 crore from leading global investors.

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Rupee Rises 44 Paise To 73.92 Against Dollar In Opening Trade

The domestic unit opened at 73.99 against dollar, gained further ground, and touched 73.92, registering a rise of 44 paise over its previous close.

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No Change In Petrol, Diesel Prices In Metros Today

Fuel Price In India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and that of diesel at Rs 70.46 per litre, according to notifications from state-run Indian Oil Corporation.

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Sensex Gains Over 100 Points, Nifty Above 12,150 Tracking Asian Markets

Share Market Latest Updates: With the ongoing rally, which entered a fifth day on Friday, both benchmark indices have nearly recovered all of their losses so far this calendar year.

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WhatsApp Pay To Start In India. How It Can Shake Up Payments Market

WhatsApp has the potential to compete with the leaders and reshape digital payments in India -- a market slated to grow to $1 trillion by 2023.

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PPF, Other Small Savings Schemes Provide These Returns Now

Of these schemes, the time deposit or term deposit scheme comes in four maturity options, ranging from one to five years.

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Saudi Arabia's Wealth Fund Buys 2.04% Stake In Reliance Retail Ventures

The PIF said the investment would strengthen the fund's presence in the Indian economy and retail market.

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Saudi Arabia's Investment Fund To Invest Rs 9,550 Crore In Reliance Retail

Public Investment Fund (PIF) of Saudi Arabia will invest ₹9,555 crore for an equity stake of 2.04 per cent in Reliance Retail Ventures Limited (RRVL).

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Banks Show Revival In Loan Growth Amid Concerns

Several lenders including State Bank of India, the country's largest lender and HDFC Bank, India's most valuable bank by market capitalisation saw demand for housing and vehicle loans return to near...

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As Sales Decline, Suzuki Expects Annual Profit To Shrink By A Quarter

Suzuki's Indian car sales in the first half of the year fell 36 per cent to 432,000 vehicles, and dipped in other markets, including Japan, Indonesia, and Europe as people stay away from dealerships.

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PVR, Inox Share Prices Settle At Record High As Cinema Halls Reopen

During the day, PVR share price surged 9 per centto₹1,212.50 apiece while those of Inox Leisure jumped over 5.5 per cent to ₹279.40 apiece.The Maharashtra government has allowed cinema halls,...

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Sensex, Nifty Settle Near Nine-Month Highs On Broad-Based Buying Interest

Mid- and small-cap shares witnessed strong buying interest as S&P BSE MidCap and S&P BSE SmallCap indices also rose nearly 2% each.

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RBI Urges Top Court To Lift Interim Order Banning Declaration Of Bad Loan

In a relief to stressed borrowers who are facing hardships due to the impact of COVID-19 pandemic, the apex court had passed the interim order on September 3.

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Food Price Index Rises In October For 5th Straight Month: UN Agency

The Food and Agriculture Organization's food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 100.9 points last month, the...

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All You Need To Know About Latest IRCTC Ticket-Booking Rules

IRCTC E-Ticket Booking Rules: The decision to prepare the second reservation chart at least 30 minutes before the trains departure was taken as per the request of the zonal railways for ensuring the...

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Sensex, Nifty Surge To Nine-Month Highs On Broad-Based Buying Interest

The Sensex rose as much as 728 points and Nifty 50 index moved above its important psychological level of 12,100.

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Inside The Chaotic Unraveling Of Jack Ma's $35 Billion Ant IPO

Shares of Alibaba Group Holding Ltd., which owns about a third of Ant, tumbled more than 8% on Tuesday in New York for the steepest drop in five years.

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HPCL Surges Nearly 10% On Strong Q2 Earnings, Share Buyback Proposal

HPCL'saverage gross refining margin during the six months ended September 30, 2020 was $2.58 per barrel.

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Supreme Court Adjourns Hearing On Loan Relief To November 18

The top court agreed to defer the hearing after the centre informed the court that Solicitor Geneal was presenting arguments in the Central Vista case before another bench of the Supreme Court.

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Election Results Awaited, But Zuckerberg, Bezos Have Already Gained Big

Across the board,167 U.S. billionaires gained $57.4 billion on Wednesday as investors bid up stocks, sending major averages to the biggest rallies in five months.

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Sensex Jumps Over 500 Points, Nifty Touches 12,050 Amid Broad-Based Gains

Share Market Latest Updates: Infosys, Reliance Industries, SBI and HDFC Bank were the biggest contributors to the gain in Sensex.

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Petrol, Diesel Prices Unchanged On Thursday

In Delhi, the price of petrol remained at Rs81.06 per litre, and diesel at Rs 70.46 per litre on November 4, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Open Strong

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5 per cent to reach its highest since March 2018. Japan's Nikkei rose 0.9 per cent to a nine-month high and South Korea put on 1.5...

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Trump Or Biden, No Big Difference For Indian Markets: Analysts

The Nifty IT index - all 10 of whose components ended higher - rose 1.78 per cent, boosted by heavyweights TCS, Infosys and Wipro.

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Rupee Weakens By 35 Paise To Close At 74.76 Against Dollar

On the domestic equity market front, BSE benchmark Sensex was trading 237.42 points higher at 40,498.55, and the broader NSE Nifty rose 60.90 points to 11,874.40.

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CBDT Issues Refund Of Over ₹1,29,190 Crore To Almost 40 Lakh Taxpayers

The CBDT had earlier issued a notification on June 24, 2020, extending the due date for all Income Tax Returns (ITRs) for the financial year2019-20 to November 30, 2020.

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L&T Lowest Bidder In Bullet Train Project Bidding, Set To Win Order

The 88 km (approx.) length of the viaduct between Vadodara and Ahmedabad in Gujarat including the construction of Anand/Nadiad Station for the bullet train corridor opened and L&T was the lowest...

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'Mom And Pop' Investors Dismayed By China For Scrapping Ant Group's IPO

China's shock suspension of the listing has left them baffled and angry. The financial tech titan's listing came crashing down on Tuesday evening as regulators pulled the plug just two days before its...

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

Reliance Industries, Infosys, Kotak Mahindra Bank, HDFC Bank and TCS were top movers in the Sensex.

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'It's a joke': Retail Investors Shocked As China Halts Ant Group's IPO

China blocked the fintech giant's $37 billion listing on Tuesday, thwarting its debut in Hong Kong and Shanghai scheduled for Thursday and dealing a severe blow to the company founded by billionaire...

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SBI Profit Rises 52% To Rs 4,574 Crore In September Quarter

SBI's provisioning for bad loans fell sharply in September quarter to Rs 5,619.28 crore from Rs 9,420 crore in the previous quarter.

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Gland Pharma IPO To Open On November 9, Price Fixed At Rs 1,490-1,500

The public issue will be open for three days, from November 9 to November 11, and the shares will be offered in the price band at Rs 1,490-1,500 per share.

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Sensex Gains Over 200 Points, Nifty Above 11,850 Led By IT, Pharma Shares

Domestic stock markets started Wednesday's session on a positive note despite a cautious trend across Asian equities, as first results from the US presidential election showed a close race with no...

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SBI Trades Flat Ahead Of September Quarter Earnings

The country's largest lender by assets had reported 81 per cent annual increase in net profit to Rs 4,189.4 crore in quarter ended June 30, as against a net profit of Rs 2,312.20 crore in the same...

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GAIL Floats Tender To Buy, Sell LNG Cargoes

It is also seeking two cargoes for delivery into Dabhol in India over Jan. 7 to 15 and over Feb. 4 to 10 on a delivered ex-ship (DES) basi.

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Billionaire Jack Ma's Empire In Turmoil As China Halts Ant Group's IPO

Chinese authorities have abruptly thrown into doubt the future of Ant Group Co. and its celebrated founder, the billionaire Jack Ma.

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Rupee Slumps To Over 2-Month Low Against US Dollar

The partially convertible rupee was at 74.66/67 per dollar at 0506 GMT versus its previous close of 74.40. The unit touched 74.78 earlier in the session, its weakest since Aug. 24.

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India's Services Activity Grows In October For First Time In Eight Months

The Nikkei/IHS Markit Services Purchasing Managers' Index climbed to 54.1 in October from September's 49.8 - the highest reading since February

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China Slams The Brakes On Ant Group's $37 Billion Listing

The Shanghai stock exchange said it had suspended the company's initial public offering on its tech-focused STAR Market, prompting Ant to also freeze the Hong Kong leg of its dual listing scheduled...

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Opinion: Video KYC - A Futuristic Tool To Digital Transformation

The system of customer and process transformations has always been interdependent.

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China's Halt Of Ant IPO "Necessary, Reasonable" To Curb Risks: Report

Beijing's surprise actions on Tuesday thwarted the world's largest stock market debut with just days to go, in a dramatic blow to the financial technology firm founded by billionaire Jack Ma.

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Sensex Gains Over 300 Points, Nifty Above 11,900 Led By IT, Pharma Shares

Domestic stock markets started Wednesday's session on a positive note despite a cautious trend across Asian equities, as first results from the US presidential election showed a close race with no...

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Here's Everything You Need to Know About Ant Groups Pulled IPO

The company will have to boost capital and reapply for national licenses before the sale can go ahead.

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Petrol, Diesel Prices Unchanged On Wednesday

In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel at Rs 70.46 per litre on November 4, according to Indian Oil Corporation notifications.

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Sensex, Nifty Likely To Have A Cautious Start

E-Mini futures for the S&P 500 retreated 0.2 per cent, Japan's Nikkei was still up 1 per cent, but South Korea went flat and MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.3 per...

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China Blocks Jack Ma's $35-Billion Ant IPO, World's Biggest

The Shanghai stock exchange will suspend the listing after Jack Ma was called in for "supervisory interviews" by related agencies, it said in a statement Tuesday.

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Alibaba Shares Fall After China Suspends Ant Group's IPO Listing

Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion, including the greenshoe option of the domestic leg, in a record public sale of shares.

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Ant Group's $37 Billion Listing Suspended In Shanghai And Hong Kong

Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion, including the greenshoe option of the domestic leg.

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Rupee Ends Nearly Unchanged At 74.40 Against Dollar

While sharp gains in domestic equities and foreign fund inflows, supported the domestic currency, weakness in the greenback overseas leading to dollar buying and rising oil rates limited its...

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RBI Exploring Investment Options For Reserves: Report

The official said that the RBI was studying the possibility of investing in AAA-rated corporate dollar bonds, which offer better returns than sovereign credit.

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Bank Of Baroda Rolls Back Charges After Public Outcry

Bank of Baroda reported a net profit of Rs 1,679 crore for the quarter ended September, a jump of 128 per cent from the same period a year ago.

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Merchandise exports fell by 5.4% In October

In October 2020, Oil imports were USD 5.98 billion, as compared to USD 9.73 billion in October 2019, a decline of 38.52%. Oil imports in April-October 2020-21 were USD 37.84 billion, as compared to...

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Domestic Gold Futures Eke Out Gains Amid Volatile Trade

Gold Price In India Today: MCX gold futures moved within a range of more than Rs 350, between Rs 50,789 and Rs 51,165, compared to their previous close of Rs 51,067.

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New Pipeline To Boost 2021-22 Gas Supply By A Quarter: GSPL

GSPL operates about 2,700 km (1,678 miles) of gas pipelines with capacity of 43 mmscmd, but in the 2019-20 financial year it supplied 40 mmscmd gas, as one pipeline was commissioned only in November...

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Gland Pharma Gets Nod To Float IPO

The IPO comprises fresh issue of shares amounting to up to Rs 1,250 crore and an offer for sale of more than 3.4 crore shares, draft papers filed with SEBI reveal.

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Jack Ma Gets Warning From China Days Ahead Of Ant's Record IPO: Report

Ant's leadership team was told the company will face increased scrutiny and be subject to restrictions on capital and leverage similar to banks.

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Sensex, Nifty Gain For Second Straight Session Led By Banks

Banking shares witnessed strong buying interest for second session in a row. In the last two sessions Nifty Bank has surged 1,782 points or 7.45%.

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Sensex Surges Over 500 Points, Nifty Rises Above 11,800

Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Bank index's nearly 3 per cent gain.

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Want To Set Up A Fixed Deposit? Top Banks Pay These Returns

Fixed deposits are considered secured investments as they offer guaranteed returns, unlike market-linked investments such as stocks, where the returns fluctuate over time.

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