Friday, 30 April 2021

EU Aims to Cut Foreign Reliance on Chips, Pharma Materials: Report

European Commission will conduct an in-depth review of the six areas before deciding on the appropriate measures, the document said.

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Banks Shut Today, Check List of Holidays In May 2021

Banking holidays depend on festivals being observed in specific states and might vary from state to state. Considering all the factors, here’s a list of bank holidays for May 2021

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Reliance Jio Net Profit Jumps 47.5% to Rs 3,508 Crore in Q4; Adds 3.1 Crore Customers

The revenue from operations grew 19% year-on-year to Rs 18,278 crore for the quarter under review

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Reliance Industries Generates 75,000 Jobs in Covid-19 Pandemic Year

Reliance Industries posted a net profit of Rs 13,227 Rs crore for the quarter ended March 31, 2021

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Reliance Industries Q4 Results: Net Profit Doubles to Rs 13,227 Crore

The company posted a net profit of Rs 6,348 crore during the same period last year

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YES Bank Q4 Results: Net Loss Widens to Rs 3,788 Crore; NII Declines 23%

YES Bank's provisions rose 7.5% during the fourth quarter to Rs 5,240 crore.

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TCS Announces Samir Seksaria Will Take Over as New CFO

Seksaria will replace V Ramakrishnan, who will be "retiring from the services of the company effective today i.e. April 30, 2021," TCS added.

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Sensex Plunges 984 pts, Ends Below 49,000; Financial Stocks Lead Sell-off

Stock Market: The 30-share BSE index sank 983.58 points or 1.98 per cent to finish at 48,782.36

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AstraZeneca Makes $275 Million in Sales from Covid-19 Vaccine

AstraZeneca's Covid-19 jab was developed with the University of Oxford and has been key in Britain's rapid vaccination drive. The company is selling it at cost price.

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Axis Bank ATM Cash Withdrawal, Non-maintenance of Balance Charges to Increase from May. Know Here

Have an account in Axis Bank? From the average monthly balance requirement to cash withdrawal charges, the lender has changed a host of rules, effective from May 1

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Rahul Bajaj Steps Down as the Chairman of Bajaj Auto, Niraj Bajaj to Take Over

The company has appointed Niraj Bajaj as Chairman with effect from May 1, 2021. Rahul Bajaj would continue as Chairman Emeritus of the company for 5 years

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Thursday, 29 April 2021

Reliance Industries, Titan Company, L&T Finance: Top Stocks For Investors on April 30

At 09:02 IST, the BSE Sensex was down 189.42 points or 0.38 percent at 49,576.52, while the Nifty was down 149.50 points or 1.00 percent at 14,745.40.

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Gold Price Today, April 30: Yellow Metal See Steady Decline, Silver Prices On The Rise

Gold Price Today: The rate for 10 grams of 24-carat gold also fell at a similar pace, which currently stands at Rs 45,470 compared to Rs 45,480 on the earlier day.

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Axis Bank, TVS Motors, Britannia Industries: Top Stocks For Investors on April 30

At 09:02 IST, the BSE Sensex was down 189.42 points or 0.38 percent at 49,576.52, while the Nifty was down 149.50 points or 1.00 percent at 14,745.40.

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Bank Holidays in May 2021: Know When You Can Visit Your Nearby Branch

Banking holidays depend on festivals being observed in specific states and might vary from state to state. Considering all the factors, here’s a list of bank holidays for May 2021

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Rupee Extends Gains for 4th Day, Rises 29 Paise to 74.07 Against Dollar

At the interbank forex market, the local unit opened at 74.20 against the greenback and witnessed an intraday high of 73.94 and a low of 74.23.

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Gold Price Today, April 29: Gold Gains Marginally in Delhi; Silver Jumps Rs 1,776

Gold, Silver Price In Delhi: Gold went higher by Rs 61 to Rs 46,472 per 10 gram; Silver also moved up by Rs 1,776 to Rs 68,785 per kg

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Stock Market: Sensex, Nifty End Marginally Higher on F&O Expiry

After gyrating 840 points during the day, the 30-share BSE index finished 32.10 points or 0.06 per cent higher at 49,765.94

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Amazon to Raise Pay for 5,00,000 Workers After Failed Unionization Drive

In 2018, Amazon raised its minimum wage to $15 an hour for all US employees.

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CCI Approves Acquisition of Alibaba-Backed BigBasket by Tata Sons

The move comes as e-commerce sales, especially of food and groceries, have exploded in India as the Covid-19 pandemic spurred a shift to online shopping.

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EPF Withdrawal Rules: Here's How to Buy Your Dream Home with the Help of PF

Considering the fact that over 70 per cent of Indians contribute to the working population of India, the central government has come up with numerous schemes to make it easier for the general public to buy a property.

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Wednesday, 28 April 2021

PowerGrid InvIT IPO Opens Today: Here Are 5 Key Things to Know Before Subscribing

The company's revenue from operations for the past nine months ended with December 2020 at Rs 992.3 crore, FY20 at Rs 1,324.3 crore, FY19 at Rs 977.16 crore and FY18 at Rs 343.57 crore.

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Gold Price Today, April 29: Gold Prices See Steady Decline, Silver On The Rise

The gold price also observed variations in its price in different cities following the national trend.

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Axis Bank, TVS Motors, Britannia Industries: Top Stocks For Investors on April 29

At 09:03 IST, the BSE Sensex was up 356.27 points or 0.72 percent at 50,090.11, while the Nifty was up 102.30 points or 0.69 percent at 14966.80.

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Sensex Soars 790 Pts, Nifty Tops 14,864 as Financial Stocks Shine

The 30-share BSE index ended 789.70 points or 1.61 per cent higher at 49,733.84

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Jio Platforms, Byju's in Time Magazine's First-ever List of 100 Most Influential Firms

On its website, Time said companies shaping the future are at the heart of the first ever TIME100 Most Influential Companies

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Oil Prices Extend Gains as Demand Outlook Offsets India Concerns

OPEC, Russia and their allies stuck to their plans for a gradual easing of oil production restrictions from May to July, after OPEC raised slightly its demand growth for 2021 to 6 million barrels per day.

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Beware Before You Scan QR Code: SBI Explains How to Avoid Online Transaction Fraud

State Bank of India has also shared the link of a YouTube video elaborating how these activities are carried out

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Gold Price Today, April 28: Gold Plunges by Rs 505, Silver Declines by Rs 828

Gold Rate in Delhi: Gold declined by Rs 505 to Rs 46,518 per 10 gram in the national capital on Wednesday, silver also declined by Rs 828 to Rs 67,312 per kg from Rs 68,140 per kg

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Sensex Soars 790 Points, Nifty Tops 14,850 as Financial Stocks Shine Amid Positive Global Trends

Bajaj Finance was the top gainer in the Sensex pack, soaring around 8 per cent, followed by IndusInd Bank, Bajaj Finserv, ICICI Bank, Kotak Bank, SBI, Bajaj Auto and HDFC Bank.</p>

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Do You Have an Inactive PPF Account? Here's a Step-by-step Guide to Revive it

PPF investments have a tenure of 15 years and deposits up to Rs 1.50 lakh are exempted from tax deductions under section 80C of the Income Tax Act, 1961.

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Tuesday, 27 April 2021

Gold Price Today, April 28, 2021: Gold Prices See a Decline, Silver on the Rise

The price of silver witnessed a marginal rise of Re 2 per 10 gram.

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Axis Bank, TVS Motors, Britannia Industries: Top Stocks For Investors on April 28

The BSE Sensex at 09:02 am IST was up 279.06 points or 0.57 percent at 49,223.20, while the Nifty was down 91.50 points or 0.62 percent at 14,744.50.

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Samsung Heirs To Pay Over $10 Billion, Donate Mass Art Trove in Inheritance Tax

The Lee family, including his wife and three children, expects to pay more than 12 trillion won ($10.8 billion) in taxes related to inheritance, Samsung said

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Oil Falls as India Crisis, US Stocks Build Dampen Confidence in Fuel Demand Recovery

The rapid spread of Covid-19 infections in India has stalled oil price gains with fuel use and refinery output dropping in the country, the world's third largest oil consumer.

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China Adopts New Anti-espionage Regulation to Prevent 'Foreign Infiltration' in Key Firms

According to the new regulation, companies, organisations or social groups on the list shoulder the responsibility to roll out detailed measures against foreign espionage.

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SBI General Insurance to Bear Cost of Covid-19 Vaccination for Active Agents, POSPs

The vaccination is extended to all advisors who have remained active with the insurer since March 2020 and are eligible for vaccination under the government's current norms, a release said.

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Adani Ports Waives Charges for Ships Carrying Covid Equipment, Gives Priority Berthing

The Gautam Adani group has also secured about two dozen cryogenic tanks for transporting medical oxygen, it said in a series of tweets.

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Sensex Rallies 558 Points; Nifty Ends Above 14,650

Persistent strength in US markets has rubbed off on Indian stocks, with yesterday's dip in treasury yields

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Amazon and Flipkart Have Now Started Taking Undue Advantage of the Pandemic: Traders' Body

Several states have announced restrictions on movement of goods and people and also imposed curfews to tackle the rising cases of Covid-19.

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Monday, 26 April 2021

Gold Price Today, April 27, 2021: Prices of 22-ct, 24-ct Gold Remains Unchanged

For 10 grams of 22-carat gold in the national capital, the rate is Rs 46,240.

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Tech Mahindra, Wipro, Castrol India: Top Stocks For Investors on Tuesday, April 27

The BSE Sensex at 09:02 am IST was up 95.58 points or 0.20 percent at 48,482.09, while the Nifty was down 50 points or 0.35 percent at 14,435.00.

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Elon Musk Qualifies for $11 Billion Options Payout as Tesla Cracks Profit Mark

Musk, who is also a major shareholder and CEO of rocket maker SpaceX, receives no salary at Tesla. His pay package requires Tesla's market capitalization and financial growth to hit a series of rising targets

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Govt Appoints Economic Affairs Secretary Ajay Seth on RBI Board

In addition to the Economic Affairs Secretary, the other government nominee director on the central board is Financial Services Secretary Debasish Panda.

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Coalition of Multinational Firms Focused at Delivery of Life-saving Supplies to India: Deloitte CEO

As part of Deloitte&#39;s initial contribution 1,000 oxygen concentrators will be shipped out to India later on Monday.

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RBI Imposes Ceiling of 70 Years for MD, CEO of Private Bank

With regard to upper age limit for MD & CEO and WTDs in the private sector banks, the RBI said that no person can continue on such positions beyond the age of 70 years.

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Punjab Farmers Received Rs 8,180 Cr MSP Payment Directly in Bank Accounts This Year: Govt

Currently, wheat procurement is in full swing in Punjab, Haryana and Uttar Pradesh.

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Nifty, Sensex Ride High on ICICI Bank, Reliance Surge

The NSE Nifty 50 index rose 1.36% to 14,539.15 by 0426 GMT, while the benchmark S&P BSE Sensex was up 1.49% at 48,587.7

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Reliance Foundation to Manage 875 Covid Beds, Including 145 ICU Beds, Across Mumbai

The RIL on Friday announced its own vaccination programme ‘R-Suraksha’ for all employees and their eligible family members above 18 years of age.

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Gold Price Today, April 26, 2021: Prices Tumble by Rs 10 per 10 gram of 22-ct Gold

The price of 10 grams of 22-carat-gold fell by Rs 10 to stand at Rs 44,930 from the earlier rate of Rs 44,940 on the previous day.

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Beyond Borders: The True Origins Of India's Favorite Brands - Colgate, Bata And Maruti

Bata grew into one of the world's leading shoemakers, with an impressive annual sale of 150 million pairs of shoes across more than 70 c...