Business News Updates

Indian tea safe to use in Iran
Indian tea safe to use in Iran

Indian tea in Iranian markets is safe to use as it is under the supervision of the National Standard Organisation (NSO), said an official

  • Monday, 21 June 2021
petrol
Petrol, diesel rates hiked

Prices of petrol and diesel have been raised by Rs.3.18 and Rs.3.09 a litre (ex-Delhi), effective midnight, following a steep increase in international crude prices, Indian Oil Corp announced here today

Defence allocation increased by nearly 11 per cent
Defence allocation increased by nearly 11 per cent

New Delhi: Government today increased the defence budget by 10.95 per cent rpt 10.95 per cent to Rs 2.46 lakh crore for the next fiscal as compared to the revised estimates of Rs 2.22 lakh crore for 2014-15 as it pushes ‘Make in India’ initiative to curtail over-dependence on imports. While the government had last […]

Survey pegs India's growth at over 8 percent, says inflation easing
Survey pegs India's growth at over 8 percent, says inflation easing

New Delhi: India’s economic survey pegged growth at more than 8 percent for the next fiscal and said inflation was now declining, while also setting the agenda for reforms needed to further drive the expansion, prune wasteful expenditure and promote productive investment. Tabled in parliament today by Finance minister Arun Jaitley and authored by a […]

  • Monday, 21 June 2021
Union Budget 2021: Green Activists Hail Budget Policy On Green Hydrogen
India To Hold 2-Day BRICS Meet On Green Hydrogen Initiatives

The virtual summit will bring the best brains, policymakers and major stakeholders from the BRICS nations deliberating and discussing at length the future of hydrogen in the energy mix.

BSE Sensex
Current Bull Market In India Is Up 106%, The Historical Average Is 284%

Including the current bull market rally which is on, India has had six bull markets over the past three decades.

FinMin
FinMin Refutes Reports Of Alleged Black Money Held By Indians In Switzerland

The Union Finance Ministry on Saturday said that increase in deposits of Indians in Swiss Banks could be on account of an increase in business of Swiss bank branches located in India and raised Inter-bank transactions, rather than due to an increase in alleged black money held by Indians in Switzerland.

RBI
RBI Allows Centrum To Set Up Small Finance Bank, Paves Way For Takeover Of PMC Bank

Paving the way for takeover of crisis-ridden Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India on Friday granted in-principle approval to the Centrum Financial Services to set up a small finance bank.

Petrol Hike
Hiked Again, Petrol Nears Century Mark Pan-India

Fuel prices increased again across the country on Friday adding more misery to the common man's woe, as he already grapples with rising food prices amid shrinking income.

TVS Motor Launches TVS iQube Electric At Rs 1.15L In Chennai
TVS Electric Scooter iQube Launched, Priced At 1.15 Lakh In Chennai

The electric scooter TVS iQube Electric, an urban scooter powered by an advanced electric drivetrain at a price of Rs 115,218.

Indian-Rupee1
Rupee Slips 33 Paise To 73.65 Against US Dollar In Early Trade

The Indian Rupee started on a weaker note this Thursday against the greenback as the US Dollar surged higher after the Fed's hawkish statement, Reliance Securities said in a research note.

Sensex Tumbles 599 Pts, Gold Declines Rs 217
Sensex, Nifty Fall From Record Highs; Gold Dips Marginally By Rs 48

The 30-share BSE index ended 271.07 points or 0.51 per cent lower at 52,501.98 on Wednesday. Meanwhile, gold dipped marginally by Rs 48 to Rs 47,814 per 10 gram

Petrol
Fuel Price Hiked Again; Petrol Nearing Century Mark Across Country

Fuel prices increased again across the country on Wednesday adding more misery for the common man already grappling with rising food prices amidst shrinking income.

Coal India To Cut Manpower By 5% Annually For Next 5-10 Years
Coal India To Cut Manpower By 5% Annually For Next 5-10 Years

The public sector major mentioned: "Attrition of manpower: 5 per cent reduction in manpower annually for the next 5-10 years (FY20 base of 2,72,445 employees)," among other cost cutting measures.

FM Sitharamans Comment On Cryptocurrency Brings Relief To Industry
FinMin Notifies Concessional GST Rate On COVID-Related Items, Services

The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, on June 12, had slashed tax rate on COVID drugs such as Remdesivir and Tocilizumab as well as on medical oxygen, oxygen concentrators and other COVID essentials.

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