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-
Finance Ministry may seek rating upgrade from Moody’s during September 28 meeting
Moody’s had in June 2020 trimmed India’s rating by a notch to the lowest investment grade of Baa-3 and retained the “negative” outlook, citing weakening fiscal metrics in the wake of the Covid-19 outbreak. -
FPIs stock holding value soars to $630bn: Report
Even as foreign funds are getting jittery about the domestic market due to the steeply higher valuation amid the massive market rally, their holding in the domestic equities rose to $630 billion as of August, according to a American brokerage report. -
FPIs stock holding value soars to $630 billion as of August: Report
Even as foreign funds are getting jittery about the domestic market due to the steeply higher valuation amid the massive market rally, their holding in the domestic equities rose to $630 billion as of August, according to a American brokerage report. -
Haryana follows Delhi, Maharashtra to offer subsidies on electric vehicles
Chief Minister Manohar Lal said that subsidies will be provided to encourage the adoption of electric vehicles in the state. -
Ford India exit: FADA seeks government support regarding compensation structure for dealers
In a letter to Heavy Industries Minister Mahendra Nath Pandey, FADA President Vinkesh Gulati also requested the government to instruct Ford India to keep the industry body in the loop regarding the compensation structure for the dealerships. -
Incompetent employees in YES Bank’s upper management should be removed: Ex-director Agarwal
Uttam Prakash Agarwal pointed out that the management team used to prepare all the information. -
Sensex, Nifty hit fresh closing highs: Top reasons
Equity indices scaled to record highs on Thursday with the benchmark BSE sensex rising over 950 points led by gains in realty and banking stocks. After scaling a fresh intra-day high of 59,957, the 30-share BSE index finished 958 points or 1.63 per cent higher at new record of 59,885. While, the broader NSE Nifty settled 276 points or 1.57 per cent higher at fresh peak of 17,823. -
Google files writ against CCI after 'leak' of confidential report
Google on Thursday said it has moved the Delhi high court against the leak of antitrust body CCI's confidential report pertaining to the investigation against the tech giant. -
Post Office Recurring Deposit Account: Invest Rs 10,000 per month to get Rs 16 lakh on maturity
India Post Office offers some of the safest investment schemes providing returns better than fixed deposits or savings accounts. -
Market at fresh peak: Sensex skyrockets 958 pts, Nifty tops 17,800
Equity benchmark Sensex zoomed 958 points to end at a fresh lifetime high on Thursday, tracking gains in index majors Reliance Industries, HDFC twins and ICICI Bank amid a positive trend in global markets. -
Sensex, Nifty scale fresh closing highs: Top reasons behind the surge
Equity indices scaled to record highs on Thursday with the benchmark BSE sensex rising over 950 points led by gains in realty and banking stocks. After scaling a fresh intra-day high of 59,957, the 30-share BSE index finished 958 points or 1.63 per cent higher at new record of 59,885. While, the broader NSE Nifty settled 276 points or 1.57 per cent higher at fresh peak of 17,823. -
'Jio, Airtel add mobile subscribers in July'
India's largest telecom operator Reliance Jio added mobile subscribers at a scorching pace in July, and Airtel also spruced up its user tally, even as Vodafone Idea lost 14.3 lakh customers, according to the latest data from regulator Trai. -
Gold Price Today, 23 September: Gold loses sheen, trades at near six-month low
On the Multi Commodity Exchange, gold contracts for October traded lower by Rs 297, or 0.64 per cent, to Rs 46,375 per 10 grams. -
Google files writ with Delhi HC against CCI after 'leak' of confidential report
Google on Thursday said it has moved the Delhi high court against the leak of antitrust body CCI's confidential report pertaining to the investigation against the tech giant. -
Thailand reopen for Indian tourists
India’s favourite neighbouring holiday spot Thailand has finally reopened for desi travellers. The southeast Asian tourist magnet has permitted fully vaccinated visitors from 78 countries, including India, under its “sandbox” programmes that list the conditions for travellers. -
LIC HFL now allows borrowers to take home loans worth up to Rs 2 crore at lowest 6.66% interest rate
LIC Housing Finance (LIC HFL) on Thursday extended its lowest home loan rate of 6.66 per cent for home loans up to Rs 2 crore. -
Vistara to start Delhi-Paris CDG direct from Nov 7
Vistara will start operating a twice weekly between Delhi and Paris CDG (Charles de Gaulle) from November 7, 2021, under the “transport bubble” agreement between India and France. -
Some users continue to face difficulties in I-T portal: Infy
IT major Infosys on Thursday acknowledged that some users continue to experience difficulties in accessing the income tax portal and assured that it is working expeditiously, in collaboration with the Income Tax Department, to further streamline end-user experience. -
Bengaluru 23rd, Delhi 36th in global startup ranking
Bengaluru was ranked 23rd among the top 30 global startup ecosystems by policy advisory and research organisation Startup Genome’s The Global Startup Ecosystem Report 2021. -
Oyo Hotels to file for $1.2bn IPO next week: Source
Oyo's listing plan follows a stellar debut by food delivery firm Zomato Ltd in July. Last month, Oyo received a $5 million investment from Microsoft Corp, Kotak Mahindra Capital, JP Morgan and Citi are the bankers advising Oyo on the IPO, the source said. -
LPG Subsidy: Centre to plan new scheme for cooking gas cylinders? Here’s how consumers can benefit
The Central government could come with new changes related to the subsidy offered on LGP cylinders. -
More Federal Reserve officials see first interest rate rise in 2022
Nine officials on the FOMC now expect a US rate increase next year, up from seven officials in June -
Petrol prices not coming down as states don#39;t want it under GST: Hardeep Singh Puri
In a media interview, Puri said petrol prices crossed the Rs 100-mark in West Bengal as the TMC government is levying heavy taxes. -
Exclusive: Customer base grew by 102%, 39% increase in monthly active users, says Amazon Business Director
Suchit Subhas, Director, Amazon Business, said that the platform has onboarded over 4 lakh sellers selling to business customers. -
7th Pay Commission: Central govt pensioners to get DA gratuity, cash payments
The Finance Ministry has issued a memorandum, according to which, the government is all set to release gratuity for dearness allowance to pensioners retiring in-between of January 1, 2020, to June 30, 2021. -
Oyo Hotels to file for $1.2 billion IPO next week: Source
Oyo's listing plan follows a stellar debut by food delivery firm Zomato Ltd in July. Last month, Oyo received a $5 million investment from Microsoft Corp, Kotak Mahindra Capital, JP Morgan and Citi are the bankers advising Oyo on the IPO, the source said. -
Nifty, Sensex open higher as metal, banking stocks gain
The blue-chip NSE Nifty 50 index was up 0.65% to 17,661.45 by 0346 GMT, and the benchmark S&P BSE Sensex rose 0.62% to 59,294.41. -
Hospitality giant OYO to file for $1.2 billion IPO next week: Report
Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1 billion to $1.2 billion. -
LIC IPO: Centre could block Chinese investment in state-backed insurer’s public offer - Report
The Indian government could reportedly block Chinese investors from buying shares in the Life Insurance Corporation (LIC) of India’s upcoming mega initial public offering. -
'India likely to block Chinese investment in LIC IPO'
LIC is considered a strategic asset, commanding more than 60% of India's life insurance market with assets of more than $500 billion. While the government is planning to allow foreign investors to participate in what is likely to be the country's biggest-ever IPO worth a potential $12.2 billion, it is leery of Chinese ownership, the sources said. -
Depositors of PMC Bank, 20 coops to get up to Rs 5 lakh
Customers of 21 failed cooperative banks, including the infamous Punjab & Maharashtra Cooperative (PMC) Bank, will get back up to Rs 5 lakh of their deposits. The Deposit Insurance and Credit Guarantee Corporation of India (DICGC) has said that, following the amendment of the DICGC Act, it will make payments to depositors within 90 days. -
GST compensation cess – will it become a permanent feature?
A promise was made to compensate loss of revenue due to introduction of GST that may be suffered by the states, considering the tax collection of 2015-16 as the base year and an assured growth of tax collection year on year at 14% for the next five years which ends on June 30, 2022. -
India-UAE talks on trade pact start today, may conclude by December: Piyush Goyal
The two countries also look to sign a formal agreement, officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), in March 2022 after the completion of internal legal procedures and ratification. -
US visit: PM Modi to interact with CEOs
During his US trip, PM Modi is scheduled to hold one-on-one meetings with top five American CEOs. Two of them are Indian Americans -- Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The three others being Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone. -
India, UAE plan to lift bilateral trade to $100 billion in 5 years via new pact
India’s Trade Minister Piyush Goyal said on Wednesday both countries would also aim to sign an "early harvest" trade deal soon, before concluding the CEPA, which is likely to be implemented by March 2022. -
Rising global prices: Fertiliser subsidy to rise by another Rs 25,000 crore
Although the Centre increased the subsidy by Rs 14,775 crore in mid-June, the global prices of DAP and MoP continued to rise relentlessly, putting pressure on companies to raise retail prices. -
Trade boost: India-UAE free trade agreement talks from today, deal by March
In fact, the UAE was India’s second-biggest goods export market until FY20, behind only the US, before China pipped it in FY21 when the pandemic caused severe disruptions in trade. -
‘One-stop shop’: Single-window approval system for investors launched
Delay in various clearances and cumbersome application process have long discouraged large multi-national corporations from either investing in India or scaling up operations in the country, something that the government has been seeking to change.
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