Business News Updates

sensex
Markets open on a positive note

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 37,233.50 and touched a high of 37,250.07 and a low of 36,043.73 after closing at 36,958.16 on Saturday. It was trading at 37,094.31 up by 136.15 points or 0.37 per cent. On the other hand, […]

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Gold loses sheen, falls Rs 425 on lacklustre demand; silver slips Rs 690

New Delhi: Gold price on Wednesday slumped Rs 425 to Rs 37,945 per 10 gram in the national capital due to lacklustre demand from jewellers despite the precious metal gaining overseas, according to the All India Sarafa Association. Silver also declined Rs 690 to Rs 44,310 per kilogram on reduced offtake by industrial units and […]

Modi-finance-min
PM Modi reviews economy with Sitharaman, officials

New Delhi: Prime Minister Narendra Modi on Thursday reviewed the state of economy and the likely steps to arrest the current slowdown with Finance Minister Nirmala Sitharaman and senior bureaucrats, sources said. The Prime Minister also reviewed various proposals that might be used to shore up stalling growth, the sources added. The finalised stimulus package, […]

Air India to get grounded aircraft airborne by October

New Delhi/Mumbai: As Air India plans to commence flight operations to Africa and Canada, the flag carrier is hopeful that all 19 of its grounded aircraft will rejoin the fleet by October. Accordingly, the airline’s engineering department has commenced repair work on these grounded aircraft. “In the first phase, two 787 aircraft shall be made […]

Airtel best offer september, benefit for prepaid and postpaid customers broadband
Airtel's Biggest Gift Of The Year For Prepaid & Postpaid Customers! FREE FREE

New Delhi: As part of the growing range of exciting benefits under its refreshed #AirtelThanks program, Bharti Airtel recently said the its Postpaid and Prepaid mobile customers can now set their favourite songs as their Hello Tunes (ring back tones) for FREE through Wynk Music app. All 40 million songs from Wynk Music’s library will […]

Rupee
Rupee slips 20 paise to 71.47 vs USD in early trade

Mumbai: The rupee opened on a weak note and fell 20 paise to 71.47 against the US dollar in early trade on Friday amid rising crude oil prices and cautious opening in domestic equities. At the Interbank Foreign Exchange, the rupee opened weak at 71.33 then fell to 71.47 against the US dollar, showing a […]

online-food
Deep discounts: Restaurants, online food aggregators battle it out

New Delhi: With hundreds of restaurants under the umbrella of the National Restaurant Association of India (NRAI) coming out in the open to challenge the deep discounting practices of online food aggregators like Zomato Gold and Dineout, the war over who controls the palate of Indians has intensified. Nearly 300 restaurants in Gurgaon on Thursday […]

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Gold may remain overvalued in relation to oil for long

New Delhi: As gold prices have been soaring for some time now, experts feel the yellow metal will stay higher in comparison to the oil prices for a prolonged period. A recent report by natural resources investing company — Goehring & Rozencwajg — said that as central banks seem interested to continue their buying spree […]

CCD-Founder-VG-Siddhartha
Entrepreneurial woes: Ease of doing business, not so easy

New Delhi: In most cases it takes a tragedy to bring the worlds focus to a plight prevailing for long, the same happened with V.G. Siddhartha’s death, as it brought to light the dark side of the Indian entrepreneurial environment. Although the NDA government has put much emphasis on easing regulations for doing business, harassment […]

Rajesh-Tapadia
Airtel appoints Rajesh Tapadia as Nxtra Data CEO

New Delhi: Telecom major Bharti Airtel on Monday said it has appointed Rajesh Tapadia as Chief Executive Officer (CEO) of its data centre and Cloud business subsidiary, Nxtra Data. Tapadia brings with him an experience of over 24 years with organisations like Netmagic Solutions, Trimax, Global Cloud Xchange, Genpact and Reliance Infocomm. In his most […]

gold
Gold slips Rs 100 to Rs 38,570 on muted demand, weak overseas trend

New Delhi: Gold prices on Monday declined by Rs 100 to Rs 38,570 per 10 gram in the national capital, tracking weak trend overseas and lacklustre demand from jewellers, according to the All India Sarafa Association. Gold had reached its all-time high mark of Rs 38,670 on Saturday. Silver also fell by Rs 50 to […]

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Jio adds, Vodafone loses customers in June: TRAI data

New Delhi: Reliance Jio continued to be on a spree on net addition of mobile subscribers adding over 82 lakh new users while Airtel lost 29,883 and Vodafone Idea had to let go of a massive 41 lakh customers as on June 30, 2019, according to data released by the Telecom Regulatory Authority of India […]

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SpiceJet, IndiGo to shift flight ops from T2 to T3 from Sept 5

New Delhi: The Delhi airport on Monday said that SpiceJet and IndiGo airlines would shift their flight operations to T3 terminal from September 5 due to expansion works at T2. “SpiceJet to shift its operation from T2 to T3 entirely; while IndiGo to partially move its operation from T2 to T3…This will result in the […]

Nirmala-Sitharaman
Corporate tax to be cut gradually: Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Monday said corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 per cent and the government will support wealth creators. In her maiden Budget in July, she had cut corporate tax for companies with annual turnover of up to Rs […]

RBI guildelines on ATM free transaction
Using SBI Or Other ATM Cards? Here's A Good News For All, See New Rules

New Delhi: In what could be a big relief for ATM card users, the Reserve Bank of India (RBI) has issued notice to all Scheduled Commercial Banks including Regional Rural Banks, Urban Co-operative Banks, State Co-operative Banks, District Central Co-operative Banks, Small Finance Banks, Payment Banks, White Label ATM Operators clarifying on the usage of […]

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