Business News Updates

Sensex Posts Worst Day In 10 Months, Sinks 1,940 Pts; Rupee Tanks 104p Against USD
Sensex, Nifty Scale Fresh Peaks; Gold Declines Rs 464

Equity benchmark Sensex rose 77 points to close at its all-time high on Monday, while the 30-share BSE index ended 76.77 points or 0.15 per cent higher at 52,551.53. Meanwhile, gold plunged Rs 464 to Rs 47,705 per 10 grams.

WPI
WPI Inflation Hits Record High Of 12.94% In May On Costlier Fuel

The wholesale price-based inflation accelerated to a record high of 12.94 per cent in May, on rising prices of crude oil and manufactured goods.

NTPC Recruitment
NTPC Invites EoI For Hydrogen Fuel Cell Based Pilot Projects

NTPC is looking to further strengthen its footprint in green and clean fuel, the company said in a statement. NTPC will collaborate for implementation and further commercialization of the projects.

CAIT Vs Amazon, Flipkart: Traders Body Fully Geared Up To Fight E-Commerce Companies
CAIT Vs Amazon, Flipkart: Traders Body Fully Geared Up To Fight E-Commerce Companies

In view of such a situation, the Confederation of All India Traders (CAIT) has launched an "e-commerce purification week" from Monday to June 21, which is gaining massive support from thousands of trade associations across the Country.

FPI
FPIs Invest Rs 15,520 Cr In Indian Equities In June

Foreign Portfolio Investors (FPI) have made a total net investment of Rs 15,520 crore in Indian equities so far in June.

India To Require 400k Charging Stations For 2 Mn EVs By 2026: Report
India To Require 400k Charging Stations For 2 Mn EVs By 2026: Report

The Grant Thornton Bharat-Ficci report said for India to reach its vision of 100 per cent EVs by 2030, factors such as increasing government support, decreasing cost of technology, and distressing pollution levels, would be key to accelerate this transition.

FM Sitharamans Comment On Cryptocurrency Brings Relief To Industry
GST Rates On COVID Items Slashed; Vaccine Still Taxed At 5%

Finance Minister Nirmala Sitharaman said that the council agreed to go with the recommendations of the Group of Ministers (GoM) that was single point agenda on the council on Saturday.

GST
GST Council Meet Begins, May Consider Duty Cuts On Medical Supplies

The 44th meeting of the GST Council, the second this year in the midst of the second wave of Covid pandemic, began on Saturday morning through video conferencing.

TRAI
TRAI Releases New Technical Framework For Broadcasting And Cable Services

The Telecom Regulatory Authority of India (TRAI) released an amendment to interconnection regulations of 2017 which provides for a framework for technical compliance of conditional access system (CAS) and subscriber management system (SMS) for the broadcasting and cable sector.

  • Saturday, 12 June 2021
  • TRAI
Sensex Posts Worst Day In 10 Months, Sinks 1,940 Pts; Rupee Tanks 104p Against USD
Sensex Jumps To Lifetime Highs; Gold Rises Rs 441

Equity benchmark Sensex climbed 174 points to close at its all-time high on Friday. Meanwhile, gold prices rose Rs 441 to Rs 48,530 per 10 gram.

epfo
PF, Aadhaar Linking Now Mandatory To Get EPFO Benefits; Interest Credit Next Month

EPFO has also updated Electronic Challan cum Return (ECR) filing norms. The employer can only file ECR for those employees who have linked their Aadhaar to PF UAN.

Sensex Tumbles 599 Pts, Gold Declines Rs 217
Stock Market Hit Record Highs; Sensex Jumps Over 250 Pts In Early Trade, Nifty Tops 15,800

The Indian stock market reached new milestones on Friday morning with both the BSE Sensex and the Nifty50 on the National Stock Exchange touching fresh record highs.

ATM
RBI Permits Banks To Increase Charges For Cash/Non-Cash Transactions Beyond Free Permissible Limit

The RBI said the charges have been allowed to be increased given the increasing cost of ATM deployment and expenses towards ATM maintenance incurred by banks/white label ATM operators

Sensex Soars 750 Pts As Investors Cheer Q3 GDP Data
Sensex Surges 359 Pts; Gold Declines Rs 259

The 30-share Sensex finished 358.83 points or 0.69 per cent higher at 52,300.47. Intra-day, the index swung between a high of 52,346.35 and a low of 51,957.92.

Revenue Deficit Grant
Revenue Deficit Grant Of Rs 9,871 Cr Released To 17 States

The Finance Ministry has released the third monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore for the year 2021-22 to 17 states.

scrollToTop