Business News Updates

One of the common problems that train passengers have is about the charges and refund rules of train ticket cancellation. As passengers often end up getting confused, we have come up with a list of the important points/changes. Here are the following points: For cancellation of unreserved, RAC and waitlisted tickets, the cancellation charges are Rs […]

New Delhi: World Bank has cautioned India that credit flow from the non-bank financial companies (NBFC) is expected to linger while growth will remain subdued at 5 per cent for the current fiscal. “In India, where weakness in credit from non-bank financial companies is expected to linger, growth is projected to slow to 5 per cent […]

Mumbai: The BSE benchmark Sensex soared 635 points on Thursday as global investors heaved a sigh of relief after the US-Iran conflict appeared to cool off. The 30-share BSE index surged 634.61 points, or 1.55 per cent, to finish at 41,452.35. Similarly, the broader Nifty surged 190.55 points, or 1.58 per cent, to 12,215.90. ICICI […]

New Delhi: At least 37 per cent of Swiggys part-time delivery partners are students working to fund their education, a report said on Thursday. Food delivery major Swiggy recently conducted a poll to discover the various aspirations and motivations of about 16,000 part-time delivery partners who login into the app for about 4-8 hours every […]

Mumbai:  Indian markets followed global stocks to hit record levels on Friday as de-escalation of tension between the US and Iran resulted in further fall of oil prices. While the benchmark Sensex was trading near its life-time high the broader Nifty made a fresh high of 12,311 on Friday. Global oil benchmark, Brent, on Friday was […]

Kolkata: Union Petroleum and Natural Gas Minister Dharmendra Pradhan said on Saturday that the there is no need to panic about oil prices owing to present tensions between Iran and the US. “The government has taken a position to wait and watch and there is no need to panic,” he said on the sidelines of […]

New Delhi: The government is likely to opt for auctioning of more cash management bills (CMBs) to meet the debt obligations of government bonds in the next fiscal standing at Rs 3.02 lakh crore to avoid putting pressure on higher borrowings from the market. Higher market borrowings can impact the fiscal deficit. The redemption pressure that […]

New Delhi: An FIR has been filed against retail giant Amazon India by Delhi Sikh Gurdwara Management Committee (DSGMC) chief Manjinder Singh Sirsa for ‘hurting’ Sikh community’s sentiments for letting a seller put up toilet mats for sale with Golden Temple’s image on them, the media has reported. The e-commerce major has earlier faced flak […]

Mumbai: Equity benchmarks Sensex and Nifty hit their record intra-day highs in early trade on Monday tracking gains in index-heavyweight Infosys amid positive domestic and global cues. After rallying 293.69 pts to a record peak of 41,893.41, the 30-share BSE index was trading 248.57 points or 0.60 per cent higher at 41,848.29. Similarly, the broader […]

New Delhi: On the suggestion of Chief Justice S.A. Bobde, Nusli Wadia on Monday in the Supreme Court withdrew the defamation cases against Ratan Tata. Chief Justice Bobde appreciated Wadia Group chairman’s response on the suggestion. “We appreciate it,” said a bench headed by Chief Justice and comprising Justices B.R. Gavai and Surya Kant. Tata’s […]

New Delhi: Paytm Payments Bank (PPB) on Monday announced it has become the largest FASTag issuer in India as it has issued three million FASTags so far, thus, accelerating the adoption of electronic payments across toll plazas. “This milestone is a testament to the efforts we are putting in the ‘Digital India’ vision of the […]

Mumbai: The ICICI bank has approached the Bombay High Court seeking effect to “termination of appointment” of Chanda Kochchar as its Managing Director and CEO, and also sought recovery of various amounts from her. In a monetary suit filed on January 10, the bank sought dismissal of Kochhar’s petition and stated that the issue can […]

New Delhi: In a major setback to e-commerce giant Amazon ahead of its global CEO Jeff Bezos’ India visit, fair market watchdog Competition Commission of India (CCI) has ordered an enquiry into the operations of both Amazon and Flipkart on multiple counts, including deep discounts and exclusive tie-up with preferred sellers. Finding merits in the […]

New Delhi: Higher prices of food items along with those of primary articles accelerated India’s annual rate of inflation based on wholesale prices to 2.59 per cent in December from 0.58 per cent in November, official data showed on Tuesday. However, on a year-on-year (YoY) basis, the Wholesale Price Index (WPI) data furnished by the […]

Mumbai: Sensex on Tuesday logged a fresh all-time high of 41,903.36 despite a sharp rise in inflation amid already slowing economic activity in the country. Retail inflation shot to a five-and-a-half-year high of 7.35 per cent in December, breaching the central bank’s outer limit target of 6 per cent, sparking fears of stagflation. At 10.04 […]