Business News Updates

New Delhi: India hosted a meeting of BRICS Finance Ministers and Central Bank Governors virtually on Tuesday. The meeting, jointly chaired by Finance Minister Nirmala Sitharaman and Reserve Bank of…

New Delhi: The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC), worth over Rs 4,600 crore, will open on January 18 and close on January 20. The price band of the IPO will be of Rs 25-26 per share. “IRFC coming up for listing with a Rs 4600 cr+ issue in a price […]

New Delhi: Amazon India on Wednesday announced launch of ‘Amazon Academy’ to help students preparing for the Joint Entrance Examination (JEE) for entrance to engineering colleges. In a statement, Amazon India said that the online preparation offering will equip students with in-depth knowledge and practice routines required for the JEE, through curated learning material, live […]

New Delhi: Petrol and diesel prices rose sharply by 25 paisa per litre on Thursday, second consecutive day of similar rise, after oil marketing companies decided to break the pause in price revision in wake of a sudden spike in global oil prices. Accordingly, in the national capital, petrol was sold at the new record […]

New Delhi: The wholesale price-based inflation moderated to 1.22 per cent in December as prices of kitchen staples onion and potato eased, as per a government data released on Thursday. The Wholesale Price Index (WPI) inflation was 1.55 per cent in November 2020, and 2.76 per cent in December 2019. “The rate of inflation based […]

New Delhi: As Elon Musk confirmed the news of electric car giant Tesla’s entry in India, Twitter on Thursday erupted in jokes and memes, mostly focused on the condition of Indian roads. Breaking his silence after the news broke that Tesla has finally entered India by registering it as a company in Bengaluru, Musk said […]

New Delhi: The Internet and Mobile Association of India (IAMAI) on Thursday said that its has appealed to the government to reduce TDS on e-commerce platforms to 0.25 per cent from 1 per cent to give a much-needed relief to small sellers in the Union Budget 2020-21. The uniform TDS on e-commerce transactions is creating […]

New Delhi: Petrol and diesel prices remain unchanged on Friday after oil marketing companies decided to go on a pause mode opting to wait and watch the global oil market before taking the next course of action. Accordingly, in the national capital, petrol continued to be sold at the new record high level of Rs […]

In a good news for train passengers, the Railway has allowed e-catering services at some selected railway stations. The Railway Ministry on Friday said that the resumption of the service will be subjected to compliance of all the COVID-19 guidlines on health and safety matters issued by the Central and state governments and other authorised […]

New Delhi: Petrol and diesel prices remained unchanged on Sunday after oil marketing companies decided to wait and watch the global oil price movement before taking the next course of action. Accordingly, in the national capital, petrol continued to be sold at the new record high level of Rs 84.70 a litre while diesel prices […]

Bengaluru: Flipkart on Monday introduced SuperCoin Pay where customers will be able to pay up to 100 per cent of their bill value across more than 5,000 partner stores (online and offline) using only SuperCoins. SuperCoin Pay will enable customers to pay their bills at the partner stores using the SuperCoins they have earned on […]

New Delhi: The good old traditional snack food ‘papad’ or ‘pappadam’, as it is known in south India, cannot be equated with packaged ‘un-fried fryums’ and cannot have similar tax treatment, the Authority for Advance Rulings (AAR) has ruled. In its order rejecting a petition seeking to bring irregular sized packaged snack food as referred […]

Mumbai: Equity benchmark Sensex soared 834 points on Tuesday, tracking strong gains in index majors HDFC twins, ICICI Bank and Reliance Industries amid an upbeat trend in global markets. The 30-share BSE index ended 834.02 points or 1.72 per cent higher at 49,398.29. Similarly, the broader NSE Nifty surged 239.85 points or 1.68 per cent […]

New Delhi: Petrol and diesel prices remained unchanged on Wednesday after oil marketing companies went on a pause mode to provide relief to consumers after prices of auto fuels went up consistently for the past few days. Accordingly, petrol continues to be sold at Rs 85.20 a litre in Delhi while diesel prices also remained […]

Mumbai: Positive global cues along with expectations of healthy quarterly results and a supportive Union Budget FY22 powered the ascent of economic barometer the S&P BSE Sensex to cross the 50,000 points mark on Wednesday. Coming a day after Joe Biden’s inauguration as US President, the BSE Sensex mirrored its Asian counterparts in having a […]