Business News Updates

Elon Musk Says Prices 'Seem High' After Bitcoin Hits New High
Elon Musk Says Prices 'Seem High' After Bitcoin Hits New High

San Francisco: Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now “seem high”. His comments came after Bitcoin’s total market value passed $1 trillion for the first time on Friday, according to data from CoinDesk. The leading cryptocurrency reached an […]

SAT Puts SEBI Order In Abeyance In 63 Moons STP Gate Case
SAT Puts SEBI Order In Abeyance In 63 Moons STP Gate Case

Mumbai: The Securities Appellate Tribunal (SAT) on Monday reserved its verdict in 63 moons Technologies Limited’s challenge to the Securities and Exchange Board of India (SEBI) order disallowing the company from providing Straight Through Processing (STP) Gate Services. The tribunal has kept the SEBI order in abeyance. This, in effect, means that till the passing […]

fuel price hike
Fuel Price Relief As Oilcos Spare Petrol, Diesel From Price Hike

New Delhi: Oil marketing companies on Wednesday gave momentary relief to consumers from skyrocketing fuel prices by keeping retail price of petrol and diesel unchanged. Accordingly, the price of petrol continued to be at Rs 90.93 a litre and diesel Rs 81.32 a litre in the capital. Elsewhere in the country as well, fuel prices […]

5G
5G To Roll Out In India By 2021 End

New Delhi: By the end of this year, India is expected to join the select club of countries like the US, Canada, the UK and many European Union nations where 5G technology has already been launched. The Department of Telecommunications (DoT), under the Communications Ministry, in a detailed note submitted to a parliamentary committee recently, […]

Private Banks
Embargo Lifted On Pvt Banks To Conduct Govt Business

New Delhi: The government has lifted the embargo on private sector banks to undertake Central and state government business, which is still a forte of the public sector banks and three large private players in a limited way — ICICI Bank, Axis Bank and HDFC Bank. With the permission, all banks would be allowed to […]

PM Modi
'Monetise And Modernise' Is Our Motto: PM On Disinvestment

New Delhi: Reiterating the government’s commitment towards privatisation of PSUs and asset monetisation, Prime Minister Narendra Modi on Wednesday said that the motto of his government is to “monetise and modernise”. Addressing a webinar on the Budget announcements for Department of Investment and Public Asset Management (DIPAM), the Prime Minister asked the private sector to […]

Nifty
Market Extends Losses, Sensex Down 1,500 Points

Mumbai: Extending its losses the BSE Sensex declined over 1,500 points in line with global selloff. Around 11.33 a.m., Sensex was trading at 49,517.48, lower by 1,521.83 points or 2.98 per cent from the previous close of 51,039.31. It opened at 50,256.71 and has touched an intra-day high of 50,400.31 and a low of 49,507.46 […]

Cooking Gas
After Petrol & Diesel, Consumers Face Cooking Gas Price Rise

New Delhi: Government seems to be in no mood to subsidise the price of common mans cooking gas which like the price of auto fuels petrol and diesel has maintained consistent increase for past few months. The price of domestic 14.2-kg LPG cylinder was increased by Rs 25 on Thursday, the third increase in the […]

Sensex Posts Worst Day In 10 Months, Sinks 1,940 Pts; Rupee Tanks 104p Against USD
Sensex Posts Worst Day In 10 Months, Sinks 1,940 Pts; Rupee Tanks 104p Against USD

Mumbai: The BSE Sensex crashed about 1,940 points to post its biggest single-day fall in nearly 10 months and the NSE Nifty plunged over 568 points to crack below the psychological 15,000-mark on Friday, tracking global selloffs triggered by a panic in bond markets overseas. Investors also turned cautious ahead of the third quarter GDP […]

Jiophone
Reliance Jio Launches New JioPhone Offer With Unlimited Data

Bhubaneswar: To accelerate the ‘2G-mukt Bharat’ movement, Reliance Jio on Friday announced a special offer for the new JioPhone 2021. This offer will be available from March 1, across Reliance Retail and Jio retailers. Akash Ambani, Director, Reliance Jio in a statement said, “There are still 300 million subscribers in India who remain ‘trapped’ in […]

Indian Economy Grows By 0.4 In October-December
Indian Economy Grows By 0.4 In October-December

New Delhi: After contracting for two quarters in a row, the Indian economy grew by 0.4 per cent in the October-December quarter amid coronavirus pandemic, official data showed on Friday. GDP growth in Financial Year 2021 to contract by 8 per cent :National Statistical Office (NSO) pic.twitter.com/vF9hPkCjBD — ANI (@ANI) February 26, 2021 The gross […]

FUEL-PRICES
Fuel Prices Resurge After 3-Day Break

New Delhi: Country’s petrol and diesel prices continued its northward march on Saturday, after a three-day break, taking its retail rates to unprecedented levels and burning holes in the consumers pockets. Oil marketing companies raised the pump price of petrol and diesel by 24 paise and 15 paise per litre on Saturday. With this, petrol […]

RIL Acquires Majority Stake In US-Based SkyTran Inc
RIL Acquires Majority Stake In US-Based SkyTran Inc

Mumbai: Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced on Sunday that it has acquired majority stake in its investee company skyTran Inc for a consideration of $26.76 million. With this transaction, RSBVL has increased its shareholding to 54.46 per cent on a fully diluted basis, RIL said […]

Sensex Soars 750 Pts As Investors Cheer Q3 GDP Data
Sensex Soars 750 Pts As Investors Cheer Q3 GDP Data

Mumbai: The benchmark BSE Sensex surged nearly 750 points and NSE Nifty rallied over 232 points on Monday as investors cheered the domestic economy returning to positive territory after two quarters of contraction. The 30-share BSE index briefly traded above the 50,000-mark during the mid-session, before ending at 49,849.84, showing a rise of 749.85 points […]

Sensex
Sensex Tops 50,000 Level In Opening Trade; Nifty Above 14,800

Mumbai: The BSE gauge Sensex rose over 190 points to trade above the 50,000-mark in the opening session on Tuesday on account of broad-based buying by participants amid positive domestic and global cues. Analysts said investor sentiment remained upbeat due to encouraging GDP numbers for the third quarter as well as return of calmness in […]

  • Sunday, 04 April 2021
scrollToTop