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-
Tesla's India plans dealt blow as minister rules out tax cut
India said it has no plans to cut import duties on electric vehicles, weeks after Tesla Inc appealed to the government to slash taxes, and its billionaire chief Elon Musk floated the possibility of a local factory once it starts selling wholly-built units from overseas in the world’s second-most populous nation. -
Industrial output grows 5.8% in FY24, slows a tad in March
Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, slightly lower than the downwardly revised 5.6% in Feb but above the 1.9% posted in March last year. For the 2023-24 fiscal year, industrial output growth rose to 5.8% from 5.2% in the previous year. -
ICICI Bank's Cards And Payments Head Bijith Bhaskar Resigns
He has led various product teams and managed several business areas including retail liabilities, retail assets, and small and medium enterprises (SME), across different geographies. -
India’s Forex Reserves Surge By $3.7 Bn To Touch $641.6 Bn Mark
RBI Governor Shaktikanta Das on Friday referred to the record foreign exchange reserves as a reflection of the strength of the Indian economy. -
IT Company Wipro Appoints Vinay Firake As CEO For APMEA Strategic Market Unit
Vinay Firake holds a Master's degree in Business Administration with a focus on Finance and a Bachelor's degree in Computer Engineering. -
What are the NPS partial withdrawal rules? Know eligibility, limits and more details
NPS enables partial fund withdrawals after three years for eligible subscribers. Withdraw up to 25% of own contributions, excluding employer funds and returns, for specific purposes like education, marriage, housing, medical needs, disability, skill development, and entrepreneurship. -
London-based Consumer Tech Company Nothing Logs 144 Per Cent Growth In Q1
Nothing has established a new foundation for its audio product suite with two new wireless earbuds, Nothing Ear and Nothing Ear (a). -
Sensex Up By 260 Points, Energy And Metal Lead Rally
Sensex was up by 260 points or 0.36 per cent at 72,664, while Nifty was up by 97 points or 0.44 per cent at 22,055. -
You can lock and unlock your UID for protection against fraud - here’s how
Protect your Aadhaar with a 16-digit Virtual ID (VID) to prevent fraud. Lock it via UIDAI website or SMS, disabling authentication modes. Retrieve VID if forgotten to unlock later. Visit UIDAI for detailed steps on locking/unlocking. -
Thomas Cook India Launches Digital Service TCPay For International Money Transfers
Thomas Cook India's TC Pay is a user-friendly digital interface that allows for 24x7 remittances facility.
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Whey Vedanta’s Anil Agarwal thinks critical minerals are the ‘new gold’
Anil Agarwal of Vedanta Resources stresses the vital role of key minerals like copper, zinc, aluminum, and silver in modern technology, clean energy, and sustainability, highlighting the need for increased exploration and investment in domestic production. -
Tesla Announces Over $500 Million Investment For Supercharger Network Expansion
Musk has invited billionaire investor Warren Buffett to consider investing in Tesla as the electric vehicle company navigates a challenging market with a global slowdown in EV sales. -
Tesla To Invest Over $500 Mn On Supercharger Network Expansion
Musk has invited billionaire investor Warren Buffett to consider investing in Tesla as the electric vehicle company navigates a challenging market with a global slowdown in EV sales. -
SEBI Mulls Direct Payout Of Securities To Client's Account Mandatory; Zerodha's Nithin Kamath Says Move To Simplify Operations Of Stock Brokers
In its latest draft circular, SEBI suggested that it should be made mandatory to ensure that stock brokers segregate client's securities so that they are not at risk of being misused. -
Virat Kohli, Anushka Sharma to make a multibagger return of 271% with Go Digit IPO - details here
Star couple Virat Kohli and Anushka Sharma are poised to make a significant profit of 271% when Bengaluru-based new-age insurance startup Go Digit goes public next week. Virat Kohli and Anushka Sharma's investments in Go Digit IPO are expected to yield a notional profit of Rs 6.75 crore. -
ITR e-filing portal new update: Dealing with income tax notices made easier - here’s how
The Income Tax e-filing ITR portal now offers a new 'e-Proceedings’ tab to simplify responding to tax notices for taxpayers with multiple ongoing tax proceedings. The update introduces separate pages and improved filters for faster navigation and efficient management. -
Latest HDFC Bank lending rates: What home loan, car loan, and personal loan borrowers need to know
HDFC Bank's MCLR, ranging from 8.95% to 9.35% on May 7, 2024, sets the minimum interest rate for loans. Prime Lending Rate and base rate act as benchmarks. Home loan rates linked to External Benchmark Lending Rate post-merger."} -
Akshaya Tritiya 2024 gold price: What is the outlook for gold investment? Here’s what experts recommend
Gold Price Akshaya Tritiya 2024: A study of gold price trends since 2014 reveals a varied performance of gold between one Akshaya Tritiya and the next. So where are gold prices headed and what should investors do? Here’s what experts have to say -
Electric buses on long-distance routes: Government plans big e-mobility push for intercity travel
The government is planning to incentivize the adoption of electric buses for intercity and interstate travel to promote green mobility and reduce emissions. Plans include installing charging infrastructure along highways and supporting state governments in purchasing electric buses. -
Who Are Madhu Chandak, Manjri Chandak, Jyoti Kabra--The 3 Daughters Of India's Richest Retail King Radhakishan Damani Having $23 Billion Net Worth
Radhakishan Damani's three daughters Madhu Chandak, Manjri Chandak, and Jyoti Kabra are actively involved in the business he has founded. -
Gold rate today: Yellow metal prices above Rs 72,000 mark on Akshaya Tritiya; Silver rises to Rs 84,917/kg
Gold prices surge on MCX and US markets amid Fed's potential interest rate cuts. Silver also rises, driven by geopolitical tensions. Technical analyst Neha Quereshi advises buying gold and silver futures with specific price targets and stop losses. -
Are banks closed for Akshaya Tritiya on May 10, today?
Akshaya Tritiya on May 10, 2024, leads to bank closures. Karnataka observes Basava Jayanti. RBI schedules 14 May holidays, covering various events across states like Srinagar, Sikkim, and more. -
Bank of India Offers Rakshak Salary, Pension Scheme: Coverage Upto Rs 1.5 Cr For Personal Accidental Insurance --Check Other Details
BOI Rakshak Salary/ Pension Savings Scheme, the bank will offer numerous benefits to all Ranks of the Indian Coast Guard, Veterans, Recruits and Agniveers. -
Sensex Up By 466 Points, Nifty Climbs Over 22,050
Compared to the largecap, midcap, and smallcap indices are underperforming. Nifty Midcap 100 is down 2.10 points at 49,107, and Nifty Smallcap 100 is down 3.90 points at 15,991. -
BPCL Declares Final Dividend And 1:1 Bonus Share Issue
BPCL reported a 30 per cent decline in consolidated net profit of Rs 4,789.57 crore for the January-March quarter financial year 2023-24. -
Stock market today: BSE Sensex rises 500 points; Nifty50 above 22,000 as bulls charge back
Stock market today: Indian equity markets opened higher on Friday, following the positive trend in global markets. The BSE Sensex gained 515 points while the Nifty50 rose 151 points to trade above 22,100. -
Stock market today: BSE Sensex over 100 points up; Nifty50 near 21,950 levels
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday. While BSE Sensex rose over 100 points, Nifty50 was near 21,950 levels. -
Akshaya Tritiya 2024: Swiggy Instamart To Bring Gold, Silver Coins To Your Doorstep Within Minutes
In addition to gold and silver coins in different grammages, Swiggy Instamart will also deliver silver spoons, silver glass, and puja essentials like the Vishnu Chalisa Book, agarbatti, flowers, and puja cloth. -
Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record
Asian stocks displayed a mixed pattern on Friday after a robust rally on Wall Street, which brought the S&P 500 to within 1% of its record high. Benchmarks declined in Tokyo, Sydney, and Seoul, while they saw gains in China. Investor attention in China was primarily directed towards the release of April's inflation figures. -
JPMorgan: India index inclusion on track, most clients ready
JPMorgan Chase & Co is poised to add India to its emerging market debt index starting in June, as indicated by Gloria Kim, the firm's global head of index research. In her communication, Kim highlighted that the annual Index Governance Consultation process yielded largely positive feedback, with the majority of JPMorgan's index clients already prepared to engage in trading within India's government bond (IGB) market.
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