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Kerala passes resolution against CAG’s audit report
KIIFB is a government-owned financial institution formed to mobilise funds for infrastructure development from outside the state revenue. It has also raised moneyfrom the international bond market. -
Want to change your Aadhaar Card photo? follow these steps to do it
Since the Aadhaar card is one of the most important government identity proofs, you should keep it updated to avail all the benefits and services. To make any changes to the Aadhaar card, you should visit the UIDAI's official website for updating your details through the Self Service Update Portal (SSUP). -
BSNL's these Bharat Fibre plans finally gets annual subscription option, know more
Bharat Sanchar Nigam Limited (BSNL) has recently launched the annual tariffs for its popular Bharat Fibre Broadband service. Bharat Fibre broadband service was launched in October 2020 and was only offered with monthly plans. BSNL, after receiving positive remarks and demand from its customers, has announced four annual plans. -
State of Indian economy explained in 10 charts
With domestic activity gradually returning to pre-Covid levels, the Reserve Bank of India (RBI) sees a phoenix-like recovery for the Indian economy. -
RIL Q3 net profit rises 12% to Rs 13,101 crore
Reliance Industries Limited (RIL) on Friday reported a 12.6 per cent rise in its consolidated net profit for the third quarter (Q3) ended December 2020 mainly on account of improving oil-to-chemical business. -
Reliance Industries Q3 net profit rises 12% to Rs 13,101 crore
Reliance Industries Limited (RIL) on Friday reported a 12.6 per cent rise in its consolidated net profit for the third quarter (Q3) ended December 2020 mainly on account of improving oil-to-chemical business. -
Why couples are faking divorces in China
Shanghai officials unveiled policies late on Thursday to cool the local market, including a measure designed to plug a loophole long exploited by buyers using fake divorces to become eligible to purchase more properties or obtain mortgages. -
flydubai barred from flying to Chennai till Jan 31
Tamil Nadu has barred UAE's flydubai from flying in passengers to the state till the month-end after the budget carrier brought a Covid positive passenger to Chennai this Sunday (Jan 17). -
Budget 2021: Halwa ceremony for to be held on Jan 23
The customary halwa ceremony, which marks the process of printing documents for the Union Budget, will be hosted by the finance ministry on Saturday ahead of the presentation of the Union Budget on February 1. -
flydubai barred from flying passengers to Chennai till Jan 31
Tamil Nadu has barred UAE's flydubai from flying in passengers to the state till the month-end after the budget carrier brought a Covid positive passenger to Chennai this Sunday (Jan 17). -
Protect yourself from instant loan apps trap; SBI cautions customers, shares 4 tips
SBI has been constantly reminding the customers how that they should adopt certain practices amidst rising cases of banking and loan frauds.
It is imperative that every customers should use optimum caution while doing transactions, however, despite taking precautions, sometimes these cybercriminals get hold of your account details and syphon off your hard earned money. -
IRCTC to resume E-Catering service from next month; check how to avail it
The IRCTC started this E-catering service in 2014 whereby passengers could order food of their choice from reputed brands as well as popular regional and local delicacies on phone or online while traveling on trains and get the same delivered to their seats at a railway station. The IRCTC is ready to resume the E-catering service on trains shortly in a phase-wise manner. -
Sensex plunges 746 points as metal, bank stocks fall
Equity indices plunged on Friday with the benchmark BSE sensex falling nearly 750 points, dragged by bank and metal stocks. The 30-share BSE index fell 746 points or 1.50 per cent to close at 48,879; while the broader NSE Nifty settled 218 points or 1.50 per cent lower at 14,372. -
COVID-19 impact: Budget 2021 to see considerable increase in health sector allocation
The 15th Finance Commission has reportedly recommended that India’s combined public health expenditure be increased to 2.5 percent of gross domestic product by 2023-24, which is nearly double of 1.26 percent health outlay by central and state governments in 2019-20, as per an assessment by Niti Aayog. -
Aluminium industry seeks duty protection in Budget to check dumping
In a set of pre-budget recommendations, the industry, represented by the Aluminium Association of India (AAI), has said that the challenges coming from rising imports, declining domestic market share, and increasing production and logistics costs need to be mitigated soon and in this regard, it is essential that the aluminium sector gets duty protection on imports of finished products and relief in case of raw materials. -
IPOs soak liquidity before an imminent sell-off
The rush for IPOs in January in the beginning of 2021 is being linked to the momentum in the market which is a follow through from 2020, which saw an unstoppable bull run in the stock market breaking all the records.
According to a report by IDFC Mutual Fund, in March last year, market cap to GDP hits hit its lowest level since the 2008-09 GFC. -
Petrol crosses Rs 92 mark in Mumbai, diesel at all-time high
Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies. -
Tax saving infra bonds may make comeback, provide savings options for salaried
The proposal that is being examined would be akin to the provisions contained in Finance Bill 2010 that allowed additional deduction of Rs 20,000 for investment in long-term infrastructure bonds for one year (2011-12), though a higher quantum of deductions may also be considered. -
Centre convenes all-party meet on January 30 ahead of Budget session
The Centre has invited leaders of all political parties in both the Houses to the proposed meeting slated to begin at 11.30 am through videoconference. Sources said the National Democratic Alliance parties too will meet on the same day. -
Power demand at all-time high of 187.3 GW: Power Minister R K Singh
"A fresh record has been created in Power Demand breaching the previous record of 1,85,820 MW which was created on January 20, 2021. Today the power demand touched 1,87,300 MW at 10:28 am. This again underscores the growing strength of our economy," Singh said in a tweet. -
How Rs 10k investment in these stocks grew over decades
What makes companies stock market favourites? They dare to dream. As equity indices scaled fresh peaks in 2021, here's how an initial push of Rs 10,000 fared over the decades in the below mentioned stocks. -
Budget 2021 must focus on resolving demand-side issues: Ind-Ra
The pandemic induced lockdowns resulted in the economy tanking 23.9 per cent in the June quarter but made a dramatic recovery with the contraction improving to just 7.5 per cent in Q2 and is likely to re-enter the green zone in the second half which may help the economy close FY21 with a contraction of 7.5-8 per cent. -
Motorist alert! Your driving license will be cancelled if driving on wrong side of road
Traffic staff has also been directed to challan such drivers along with suspending their license. If the mistake is repeated, it will invite permanent termination of the license and it will not be issued to the person ever again. -
Good news for Rail passengers! IRCTC to give 10% discount on ticket booking if berth available after chart preparation
It must be noted that the train chart is being prepared 4 hours before the train's departure. The above facility can be availed by passengers by booking current ticket half an hours before the train's daparture. Current ticket booking facility is available on both IRCTC online platform as well as Railway platforms. -
Budget 2021: India Ratings hopes government will focus on demand-side measures
The absence of adequate demand may jeopardise the recovery and may even lead to a second-round impact, Ind-Ra said in a report. -
Gold price below Rs 49,300 per 10 grams: Check rates on January 22, 2021
Meanwhile, silver prices too fell at MCX. Silver prices for March delivery were trading lower by Rs 662 or 0.98 percent to Rs 66,638 per kg in a business turnover of 3,146 lots at 12.08 am. Silver had closed at Rs 67,300 on Thursday and opened at Rs 67,000 per Kg on Friday. -
Budget 2021: How Budget 2020 changed Income Tax slabs
A taxpayer earning Rs 15 lakh will save Rs 78,000 in tax under the new regime, FM said in Budget 2020 speech. -
COVID-19 pandemic reshaped consumer spending behaviour, Budget 2021 must reflect changes: SBI Ecowrap report
The SBI Ecowrap report says that Budget 2021 must make announcements to continue incentivising digital transactions, as data shows even the elderly have been using the digital platform more frequently and long after the lockdown ended. -
EPFO should have a cautious approach towards equity
Given the long-term outlook, investing only in debt instruments may not help to beat cost inflation. The added exposure to equity through ETFs may provide the additional boost to generate higher rate of returns subject to market risk -
Hero Moto to launch 50 models over next five years
Hero Moto, the country’s top-wheeler maker, crossed a record 100 million units in production, and is lining up an aggressive launch plan of 50 products and upgrades over the next five years, chairman Pawan Munjal said on Thursday as the company works to strengthen its premium portfolio with new partner Harley-Davidson. -
Stock & awe: Mcap at $5 trillion in ’23?
Thanks to its 10-month-long rally, investors’ wealth, measured by BSE’s market capitalisation (m-cap), has been breaking the ceiling regularly and is currently within touching distance of Rs 200 lakh crore or about $2.7 trillion, according to exchange data. -
Centre may face revenue shortfall of Rs 7 lakh crore in FY21: Report
During the previous Budget, collection from direct and indirect taxes was pegged at Rs 24.23 lakh crore for FY21 -
Aus PR website given 'news' status by Google, FB
Google and Facebook Inc have granted an Australian local government news provider status, drawing questions about the internet giants' efforts to curate news media. -
Alphabet's balloon project, providing cell service, closing down
Google parent Alphabet Inc is shutting down its internet balloon business, Loon, which aimed to provide a less expensive alternative to cell towers, saying on Thursday that "the road to commercial viability has proven much longer and riskier than hoped." -
UPI users may not be able to do transactions between 1 AM to 3 AM for next few days, know why
The National Payment Corporation of India (NPCI) has said that its Unified Payments Interface (UPI) may not function optimally between 1 AM and 3 AM for the next couple of days. The NPCI, through a tweet, informed the users that its UPI platform will be under an upgradation process for the next few days. "To create a better architecture for the growth of UPI transactions, the UPI platform will be under an upgradation process for next few days from 1 AM - 3 AM," NPCI tweeted.
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India may scrap e-commerce policy due to lack of unanimity: Report
The inter-ministerial group discussing the policy consisted of the Agriculture Ministry, Corporate Affairs Ministry, Electronics and IT Ministry and the Finance Ministry. -
Jack Ma`s 50-second video reappearance pushes Alibaba shares higher
The company`s American Depositary Receipts (ADRs) rose more than 5% on Wednesday, following a 8.5% gain in its Hong Kong-listed shares, after founder Ma made his first public appearance since October on Wednesday.
Ma had not appeared in public since Oct. 24, when he blasted China`s regulatory system. That set him on a collision course with officials and led to the suspension of a blockbuster $37 billion IPO for Alibaba`s financial technology affiliate Ant Group. -
Sensex, Nifty open lower in line with other Asian bourses
Foreign institutional investors remained net buyers in the capital market as they purchased shares worth Rs 1,614.66 crore on Thursday, according to exchange data.
Asian shares were trading broadly lower in late afternoon deals on Friday, a day after hitting record highs. -
Petrol, diesel prices hit new record high: Check fuel prices in metro cities on January 22, 2021
Brent crude futures fell 3 cents to $56.05 a barrel by 11:27 a.m. EST (1627 GMT). U.S. West Texas Intermediate (WTI) crude futures fell 14 cents to $53.17 a barrel.
Here is looking at the price difference of diesel and petrol in four metro cities on January 22, 2021. -
How a trader came back from a Rs 35-lakh loss
Sixteen years ago, Rajendra Agarwal’s, 53, accumulated losses from the stock market stood at Rs 35 lakh. “After that, I stopped trading and exited the market. Over the next few years I paid back all my loans from profits I generated from my grocery shop,” said Agarwal, who owned a store in Pune. -
Google threatens to shut search engine in Aus
Google said on Friday it will disable its search function in Australia if the government proceeds with a media code that would force it and Facebook Inc to pay local media companies for sharing their content. -
Australian govt PR website given 'news' status by Google, Facebook
Google and Facebook Inc have granted an Australian local government news provider status, drawing questions about the internet giants' efforts to curate news media. -
Why RBI governor Shaktikanta Das rang alarm bells
A key job description of the central bank chief’s profile is that he must take away the punch bowl when the party gets started or, in other words, prevent markets from getting overheated. -
Car sales growth slows to 20-yr low in 2015-2020
Increased cost of ownership, high base effect and lower disposable incomes pushed car sales growth to just 1.3% during 2015-20, a dip from 6% in the preceding five-year period. -
Elon Musk to offer $100 million prize for development of THIS technology
The International Energy Agency said late last year that a sharp rise in the deployment of carbon capture technology was needed if countries are to meet net-zero emissions targets.
Musk, who co-founded and sold Internet payments company PayPal Holdings Inc, now leads some of the most futuristic companies in the world. -
Media payment law: Google threatens to shut search engine in Australia
Google said on Friday it will disable its search function in Australia if the government proceeds with a media code that would force it and Facebook Inc to pay local media companies for sharing their content. -
RBI sees V-shaped recovery, may ease policy too
Forecasting a V-shaped recovery, Reserve Bank of India has said that if growth momentum continues and inflation stays benign there would be room for policy action to support growth. -
RBI sees V-shaped recovery, likely room for policy easing
Forecasting a V-shaped recovery, Reserve Bank of India has said that if growth momentum continues and inflation stays benign there would be room for policy action to support growth.
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