Business News Updates

The 30-share BSE index ended 848.18 points or 1.74 per cent higher at 49,580.73, and the broader NSE Nifty soared 245.35 points or 1.67 per cent to 14,923.15.

If you planning an online money transfer using the banking system between Saturday midnight and Sunday, you are well advised to either cancel or postpone such transfers.

India's annual rate of inflation based on wholesale prices sequentially rose to 10.49 per cent in April from a rise of 7.39 per cent in March.

"Why not just make a crypto from scratch that does everything you want technically and has a lot of dev support and doesn't have high concentration of ownership at least initially?" a user asked Musk on Saturday.

ICEA that represents mobile and component manufacturers such as Apple, Motorola, Nokia, Foxconn, Wistron, Flextronics, Lava, Vivo and others, said that it would promote newer and niche cell technologies in the country.

The GST Council will meet for the first time this year on May 28, through video conferencing.

 A day after steep increase in retail prices of petrol and diesel, fuel retailers on Saturday spared consumers of any further increase in fuel prices.

"India needs its own crypto unicorns and better regulations and for this, we must encourage our entrepreneurs to build for crypto"

Maintaining its rising trend, fuel prices increased again on Friday just after a day of pause with state-owned fuel retailers hiking rates of petrol and diesel by 29 paisa and 34 paisa per litre respectively in the national capital.

The Covid crisis and the ensuing lockdowns across many states would hamper the physical demand for gold.

The rate of price rise in the vegetables basket was (-) 14.18 per cent on an annual basis, sugar and confectionery (-) 5.99 per cent and cereals (-) 2.96 per cent.

The common man is hurting due to the sharp rise in prices of essential commodities like edible oil and LPG in the last three years.

Petrol and diesel prices on Wednesday were hiked by 25 paise per litre each, the third increase this week, propelling petrol price to cross Rs 100 per litre mark in more cities including Bhopal and Indore.

 A UN report has revised up the world economic growth as a result of robust rebounds in China and the US but warned against fragilities in other economies in the context of Covid-19.

Retail price of regular petrol and diesel in the city of Mumbai may soon cross Rs 100 a litre and Rs 90 a litre respectively, its highest level ever, with prices of the two auto fuels being revised upwards again by Oil marketing companies (OMCs) on Tuesday.