Washington: India’s economy is estimated to contract by 9.6 per cent in the fiscal year 2020-21, reflecting a sharp drop in household spending and private investment, and the growth is expected to recover to 5.4 per cent in 2021, the World Bank said on Tuesday. In its Global Economic Prospects report, the World Bank said […]
New Delhi: Federation of Retailer Association of India (FRAI), a representative body of about 4 crore micro, small and medium retailers from across the country on Thursday appealed to Prime Minister Narendra Modi to intervene and order a recall of the proposed 2020 amendments in the COTPA law which threaten to further attack the livelihoods […]
San Francisco: Creating history, Tesla and SpaceX CEO Elon Musk, who had once decided to sell off Tesla owing to poor results, became the richest person on the planet, going past Amazon Founder Jeff Bezos on Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people. A 4.8 per cent rally in Tesla’s share […]
Mumbai: Equity benchmark Sensex soared 689 points to end at a fresh all-time high on Friday, led by Infosys, TCS and Reliance amid strong buying sentiment in global equities. The 30-share BSE index closed 689.19 points or 1.43 per cent higher at 48,782.51. It touched an intra-day record of 48,854.34. Similarly, the broader NSE Nifty […]
Bhubaneswar: With cyber fraudsters on the prowl for their next targets round-the-clock, people need to be extra cautious while doing all their monetary transactions online as well as at various ATM kiosks. The State Bank Of India (SBI) has released important safety tips for users to keep their ATM debit card and PIN ‘protected’. The […]
To commemorate six years of service in India, Vistara has announced a bumper offer for the air travelers. The airline has launched a two-day ‘The Grand 6th Anniversary Sale’ wherein it is facilitating the passengers to board flights at discounted fares starting Rs 1299. “Six Glorious Years – We are ecstatic to be completing 6 […]
Mumbai: The rollout of Covid-19 vaccines coupled with a gradual revival in demand has enabled crude oil prices to surge above $50 per barrel level in December 2020 for the first time in FY21, India Ratings and Research (Ind-Ra) said in a report. Besides, the report said the 1 million barrel per day (mb/d) production […]
Bhubaneswar: Ever got an SMS regarding enticing loan offer on your mobile phone? Think twice before clicking such links as it could be a trap set up by cyber fraudsters. The State Bank of India (SBI) has warned its users to be extra vigilant about various ‘Instant Loan Apps’, the links of which are easily […]
New Delhi: The Confederation of All India Traders (CAIT) has strongly objected the new WhatsApp privacy policy through which all kinds of personal data, payment transactions, contacts, location and other vital information of a person who is using WhatsApp will be acquired by it and can be used for any purpose by WhatsApp. In a […]
New Delhi: Middle class tax payers may get a lot to cheer about the Budget proposals to be presented by Finance Minister Nirmala Sitharaman next month. Sources said that the Budget 2020-21 may take the sops announced earlier under the Aatmanirbhar Bharat package to help people in their fight against the Covid-19 pandemic further, by […]
New Delhi: Union Home Minister Amit Shah on Monday said coal sector will play a very important role in achieving the target of USD five trillion economy by 2022, the year marking the completion of 75 years of the country’s Independence. Launching a single window clearance system for the coal sector, he said commercial coal […]
New Delhi: The Central Board of Direct Taxes dashed hopes of all taxpayers waiting for further extension of due dates for filing tax returns rejecting all representation in this regard, citing that the process cannot be delayed ‘indefinitely’ and hamper the functioning of the tax department and welfare programmes of the government. The decision means […]
Mumbai: The Nifty50 on the National Stock Exchange (NSE) crossed the psychological mark of 14,500 points for the first time, amid a largely choppy trade on Tuesday. The indices largely traded on a flat note during the day. The Nifty has touched an all-time high of 14,510.05 points. The BSE Sensex also hit an all-time […]
New Delhi: Retail inflation declined to 4.59 per cent in December 2020 compared with 6.93 per cent in November last, government data showed on Tuesday. The data released by the Ministry of Statistics and Programme Implementation showed that the easing of the Consumer Price Index (CPI) came on the back of a decline in food […]
New Delhi/Bengaluru: Ending years of wait and speculation, Tesla CEO Elon Musk has finally entered India by registering Tesla as a company in Bengaluru. According to the details available on the Registrar of Companies website, Tesla India Motors and Energy Private Limited has been incorporated and the registered address is in Lavelle Road, Bengaluru. “Tesla […]
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