Business News Updates

Mehul Choksi
Mehul Choksi Case: 8-Member India Team In Dominica

Even as a private jet from Qatar landed in Dominica with documents related to fugitive businessman Mehul Choksi, wanted in the PNB loan fraud case, sources on Tuesday said members of the Central Bureau of Investigation, Enforcement Directorate and Ministry of External Affairs are camping in the island nation.

Fuel Price Hike
Fuel Prices Continue Northward March; Petrol, Diesel Rise Again

After hitting new highs a day earlier, fuel prices rose once again on Tuesday taking petrol rates to cross Rs 100 per litre mark in several cities across the country.

gdp
Covid Casualty: India's YoY FY21 GDP Plunges 7.3%

The Covid-induced volatility heavily dented India's economy in the last fiscal as its growth rate plunged (-) 7.3 per cent in FY 2020-21.

GST
GST Return Filing Deadline For May Extended, Check Details

Further, among other relaxations, the Finance Ministry has also extended the due date for furnishin 'Form ITC-04' (intimation of goods sent on job work) for the quarter ending March till June 6.

epfo
EPFO Allows Its Members To Avail Second Covid-19 Advance

Members who have already availed the first Covid-19 advance can now opt for a second advance also. The provision and process for withdrawal of second Covid-19 advance is same as in the case of first advance.

Sensex Rallies 424 Pts On RBI Announcements; Gold Declines Rs 317
Sensex Rallies Over 500 Points, Nifty At Lifetime High; Gold Gains Rs 195

The 30-share BSE Sensex ended 514.56 points or 1.00 per cent higher at 51,937.44, and the broader NSE Nifty surged 147.15 points or 0.95 per cent to its fresh closing record of 15,582.80.

World Economy To Grow At 6% This Year: OECD
World Economy To Grow At 6% This Year: OECD

Growth will be driven by the world's three main economic powers, with China's gross domestic product (GDP) set to expand by more than 8 per cent, dpa news agency quoted the Paris-based OECD as saying in its 2021 Economic Outlook.

IFFCO Introduces World's First Nano Urea Liquid
IFFCO Introduces World's First Nano Urea Liquid

A 500 ml bottle of IFFCO Nano Urea Liquid will replace at least one bag of conventional Urea. Hence, it will reduce the input cost to farmer. Due to the small size of Nano Urea Liquid, it's bottle can be kept in the pocket and will significantly bring down the cost of logistics and warehousing also.

online delivery
India's Last Mile Delivery To Become $6B Profitable Market By 2024

India's last mile delivery market is set to touch a market size of $6-7 billion by 2024, moving in a similar direction to markets like China and the US where the penetration has reached more than 10 per cent, a new report said on Monday.

Petrol Price Hits Century Mark In Odisha's Malkangiri
Petrol Price Hits Century Mark In Odisha's Malkangiri

The price of petrol has just hit a high ceiling in the Malkangiri district of Odisha. In breaking all its previous records, the petrol price in Kalimela area of the district has touched Rs 100 per litre of the oil.

SBI-Karchuli
SBI Raises Cash Withdrawal Limits At Non-Home Branches

The State Bank of India (SBI) has increased the cash withdrawal limits through cheques and withdrawal forms for its customers at non-home branches.

  • Sunday, 30 May 2021
  • SBI
civil aviation
Civil Aviation Now Under ECLGS, Norms Eased To Support Smaller Businesses

The Centre has modified the Emergency Credit Line Guarantee Scheme (ECLGS) to bring the civil aviation sector under the ambit of the scheme.

Union Budget 2021: No Rise In Retail Petrol/Diesel Prices Despite New Cess
Petrol Prices Remain Unchanged Across Metros

With no change in the prices on Sunday, fuel prices remained unchanged on 15 days and increased 15 days so far in the month of May.

Centre Releases Complete Rs 1.10 Lakh Cr GST Compensation Shortfall
GST Council Exempts Imported Covid Related Items From IGST Till August

Finance Minister Nirmala Sitharaman, while addressing the media post the meeting, said that a group of ministers (GoM) will be formed by Saturday (May 29), which will examine the need for further reductions and decide on any new rates in exemptions.

Nifty
Nifty Hits Record High, Metal Stocks Surge

The Nifty50 on the National Stock Exchange (NSE) hit a record high of 15,455.55 on Friday morning. The Indian stock market rose in line with the Asian indices. Healthy buying was witnessed in metal, finance and banking stocks

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