World Bank cuts down India's FY23 GDP growth forecast to 6.5 pc
Oct 07, 2022, at 06:06 am
New Delhi: Amid fears of a recession in advanced economies, the World Bank on Thursday cut India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 6.5 percent from its earlier estimate of 7.5 percent.
PhonePe moves domicile to India from Singapore pre IPO
Oct 06, 2022, at 11:38 pm
Bengaluru/IBNS: FinTech platform PhonePe on Thursday announced that it has completed the process of moving its domicile to India.
Indian Market: Sensex up 156.63 points
Oct 06, 2022, at 10:50 pm
Mumbai: The BSE Sensex on Thursday added another 156.63 points to close strong at 58,222.10 as renewed buying was witnessed in Metal, Capital Goods, Realty and Industrials stocks.
Sensex surged by over 300 points
Oct 06, 2022, at 05:11 pm
Mumbai/UNI: The BSE Sensex Thursday remained strong for another session as it spurted 394 points at 58,459.57 as buying was seen across the board.
Reliance and Sanmina complete transaction for electronic manufacturing JV in Chennai
Oct 06, 2022, at 04:31 am
San Jose, CA / Mumbai: Sanmina Corporation (Sanmina) (NASDAQ: SANM) and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), have completed the transaction to jointly create a world-class electronic manufacturing hub in Chennai, a joint company release said.
Elon Musk said to go ahead with $54.20 per share Twitter deal: Report
Oct 05, 2022, at 05:16 am
Elon Musk is likely to propose a go-ahead with his takeover of Twitter Inc at $54.20 per share, Bloomberg reported.
Indian Market: Sensex jumps 1000 pts, Nifty above 17,200
Oct 04, 2022, at 03:48 pm
Mumbai: The BSE Sensex on Tuesday bounced back by 1021 points at 57,810.14 as buying was seen across the board amid positive Asian Market.
Sensex down by over 400 points
Oct 03, 2022, at 05:13 pm
Mumbai/UNI: The BSE Sensex Monday tumbled down 415.42 points at 57,011.50 as selling pressure was seen across the board.
NTPC achieves over 15.1 pc growth in generation in the H1FY 23
Oct 02, 2022, at 02:47 pm
Mumbai: NTPC group companies recorded a generation of 203.5 BU from April to September 2022, registering an increase of 15.1% from 176.8 BU generated in April to September 2021.
Kolkata-based brand adds a new flavour to their range of probiotic lassi
Oct 02, 2022, at 04:59 am
Kolkata/IBNS: JOI Farm, part of the JIS Group, a Kolkata-based business house, has introduced a new flavour of lassi (a popular milk-based Indian drink).
Tata Motors registered total sales of 2,43,387 units in Q2FY23
Oct 02, 2022, at 12:51 am
Mumbai: Automobile major Tata Motors Limited on Saturday announced its sales in the domestic and international market, for Q2FY23, which stood at 2,43,387 vehicles, compared to 1,71,270 units during Q2FY22.
GST collection Rs 1.48 lakh cr in September
Oct 01, 2022, at 10:04 pm
New Delhi: The Goods and Services Tax (GST) collection rose 26 per cent year-on-year in September to Rs 1,47,686 crore, indicating continued revenue buoyancy on the back of economic recovery and anti-evasion measures.
Nitin Gadkari launches first Made in India Mercedes-Benz Luxury Electric Car
Oct 01, 2022, at 09:25 pm
Pune: Union Minister for Road Transport and Highways Nitin Gadkari has said that automobile industry is being engaged to make more e-vehicles.
Price of commercial LPG cylinders reduced by Rs 25.5
Oct 01, 2022, at 02:33 pm
New Delhi: The prices of commercial LPG cylinders have been reduced by Rs 25.5 per cylinder on Saturday.
Xiaomi's Rs 5,551 seizure by ED upheld by India's top forex authority
Oct 01, 2022, at 03:09 am
New Delhi: The seizure of Chinese phone maker Xiaomi's Rs 5,551 crore by the Enforcement Directorate (ED) for remitting money overseas as royalty has been confirmed by India's foreign exchange authority.
Reliance opens its first luxury lifestyle and fashion outlet in Bengaluru
Oct 01, 2022, at 02:05 am
Bengaluru: Reliance Industries Ltd's retail unit opened its first in-house premium fashion and lifestyle store called Azorte on Thursday with an aim to grab a bigger share of the country's luxury market, media reports said.
India's core sector output growth slows down to 3.3 pct in August
Oct 01, 2022, at 12:11 am
New Delhi: India's core sector output grew 3.3 per cent year-on-year in August, 2022 as compared to 12.2 per cent in the corresponding period last year, showed the data released by the Commerce and Industry Ministry on Friday.
Indian Market: Sensex jumps 1016.96 points
Sep 30, 2022, at 10:58 pm
Mumbai: The BSE Sensex on Friday rallied 1016.96 points to close at 57,426.94 on the strength of Metal, Finance services, Telecom, Power and Realty stocks.
Sri Lanka to ease import restrictions: State Minister for Finance
Sep 30, 2022, at 10:45 pm
Colombo/UNI: The Sri Lankan government will ease the ban on import of some goods that was enforced due to the economic crisis, Finance State Minister Ranjith Siyambalapitiya said in remarks published Friday.
Does an EMI Calculator Help in Planning Personal Loan Repayment?
Sep 30, 2022, at 06:05 pm
Do you need urgent funds to sponsor a sibling’s education? Do you need instant cash to foot the medical bill after your father/mother gets discharged from the hospital? Did your medical insurance max out and you need extra cash to clear the bill? Or do you want to surprise your mother with gold bangles she has her eyes set on for her birthday? Amidst the celebrations and hopes, there is a tense moment when you need to arrange a personal loan and wonder how to manage the EMIs.
Does a personal loan help to deal with a financial crisis?
Sep 30, 2022, at 05:58 pm
An unexpected financial crunch can leave anyone stressed out. Whether it’s an unexpected medical bill, a sudden change in lifestyle, or even a home renovation – even the slightest change in your financial situation can throw you off your game. But does it have to be stressful? It’s always wise to take control of your finances at the earliest and not procrastinate.
RBI increases repo rate by 50 basis points
Sep 30, 2022, at 03:52 pm
Mumbai: RBI Governor Shaktikanta Das on Friday said the central bank's Monetary Policy Committee (MPC) has hiked the repo rate by 50 basis points (bps).
Sep 30, 2022, at 01:04 am
How Systematic Investment Plan Works Over a Longer Period?
Sep 29, 2022, at 09:13 pm
A systematic investment plan or SIP is synonymous with mutual fund investment – for the uninitiated. Over the last 10 years, SIP has become so popular that even seasoned investors don’t consider it to be just a tool to invest in mutual funds.
Centre hikes Dearness Allowance by 4 pc
Sep 29, 2022, at 04:36 am
New Delhi: The Union Cabinet Wednesday increased the Dearness Allowance and Dearness Relief by 4 percent.
Chinese yuan hits record low against USD
Sep 28, 2022, at 10:36 pm
Beijing/UNI: China's yuan has hit fresh record lows against the surging US dollar.
Goldman Sachs, Barclays among 16 Wall Street firms fined $1.8bn
Sep 28, 2022, at 10:32 pm
Washington/IBNS: Some of Wall Street's biggest companies have been fined a total of $1.8bn by US financial watchdogs after it was discovered that the staff discussed deals and trades on their personal devices and apps.
Tripura tea body advocates for a tea auction centre
Sep 28, 2022, at 09:00 pm
Agartala/IBNS: Tripura Tea Development Corporation (TTDC) has strongly pitched for a tea auction centre in the sellers’ meeting held on Tuesday with the representatives of the Tea Board of India.
Smart Tips to Avail Best Rates on Your Two-Wheeler Loan
Sep 28, 2022, at 04:59 pm
When buses are always overcrowded and auto rickshaws deny you a ride, your daily commute can become a nightmare. Then, it's time to consider buying a new two-wheeler. Two-wheelers are not only convenient and fuel-efficient; they have now become much more affordable, thanks to easy access to two-wheeler loans.
Sensex tumbles by over 300 points
Sep 28, 2022, at 04:34 pm
Mumbai/UNI: The BSE Sensex remained negative on Wednesday too, as it slid 397 points to open at 56,710 as selling was seen in Energy, FMCG, Bankex and Capital Goods stocks.