Mumbai: Market benchmark Sensex on Thursday scaled the 42,000 mark for the first time ever and Nifty hit its record peak in opening session tracking positive cues from global equities after the US and China signed an initial trade deal. After hitting a record peak of 42,009.94, the 30-share BSE index was trading 127.65 points or […]
New Delhi: itel is all set to enter into an exclusive partnership with Reliance Jio to bridge the digital divide by offering affordable mobile-based connectivity solutions for the new India…
United Nations: The UN projects India’s economy to grow by 5.7 per cent in the current fiscal year and expects it to rise to 6.6 per cent in the next. The projection in the UN’s World Economic Situation and Prospects report released on Thursday are higher than the 5 per cent made by the World […]
New Delhi: Economists at the State Bank of India (SBI) have reminded the central bank that they should not forget their primary function of being the lender of last resort. As the NBFC continues to be in distress, economists at SBI on Friday called for the Reserve Bank of India (RBI) to play its role […]
Mumbai: Domestic equity benchmarks Sensex and Nifty erased early gains to finish with losses for the second day on the trot on Tuesday, as surging COVID-19 cases and growing localised…
Mumbai: Market benchmarks Sensex and Nifty opened at record peaks on Monday tracking strong quarterly results by index heavyweights Reliance Industries and HDFC Bank. After rallying over 300 points to hit a fresh lifetime high of 42,273.87, the 30-share BSE index pared gains to trade 31.32 points or 0.07 per cent higher at 41,976.69. Similarly, […]
New Delhi: Finance Minister Nirmala Sitharaman on Monday kicked off the countdown to the Union Budget on February 1 by joining the ‘Halwa’ ceremony and with this, the Budget paper printing starts under utmost secrecy. Sitharaman, MoS (Finance) Anurag Thakur participated in the ‘Halwa’ ceremony on Monday, which was held at the Finance Ministry in […]
Chennai: Finance Minister Nirmala Sitharaman has said the government’s earnest attempt was to decriminalise everything that has to do with Companies Law or related acts as part of initiatives towards a USD 5 trillion economy. She said the government does not want a law that could treat every business house with suspicion. Delivering the Nani […]
New Delhi: Ahead of the January 23 deadline, Bharti Airtel, Vodafone Idea and Tata Teleservices have approached the Supreme Court seeking modification in its verdict in the Adjusted Gross Revenue (AGR) matter where they have sought court permission to negotiate with DoT on the payment schedule. A source said: “The companies are seeking more time […]
United Nations: India was among the top 10 recipients of Foreign Direct Investment in 2019, attracting USD 49 billion in inflows, a 16 per cent increase from the previous year, driving the FDI growth in South Asia, according to a UN report released on Monday. The Global Investment Trend Monitor report compiled by United Nations […]
Davos: The IMF on Monday lowered India’s economic growth estimate for the current fiscal to 4.8 per cent and listed the country’s much lower-than-expected GDP numbers as the single biggest drag on its global growth forecast for two years. In October, the International Monetary Fund (IMF) had pegged India economic growth at 6.1 per cent […]
New Delhi: Zomato on Tuesday announced it has acquired Uber’s Food Delivery Business in India in an all-stock deal and Uber will have 9.99 per cent stake in Deepinder Goyal-led food delivery platform. Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato […]
Chennai: The Boards of three public sector general insurance companies – National Insurance Company, Oriental Insurance Company and United India Insurance Company – have formally given their nod for their amalgamation, as was announced by the central government earlier. The Boards of Oriental Insurance and United India Insurance met in Delhi on Friday, while the […]
New Delhi/Washington: While China will overtake the United States as the largest economy in the world by 2040, India will be a distant third contributor to the global GDP. This…
Mumbai: Market benchmark Sensex jumped over 200 points on Wednesday tracking gains in index heavyweights HDFC twins, Infosys and Reliance Industries as global stocks recovered from the previous day’s losses. The 30-share BSE index was trading 204.30 points or 0.49 per cent higher at 41,528.11. Similarly, the broader NSE was trading 46.70 points, or 0.38 […]
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