Saturday, 31 July 2021

Banks to Remain Shut for 15 Days in August, 5 Straight Days in Third Week. Full List

Bank Holidays in August, 2021: It must be noted that the bank holidays vary from one state to another. Bank customers must visit the bank holiday list regularly for any new updates

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ATM Withdrawal, Debit Card, Credit Card Maintenance to Become Costlier From Today

The Reserve Bank of India (RBI) has hiked the charges of ATM transactions after almost seven years

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Globalisation Tripled India GDP but Workers Have Been Left Out: Economist

Nobel laureate Eric Maskin mentioned that globalisation has brought overall prosperity in emerging economies and has increased wages and income inequality.

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PNB Launches Two New Facilities for its Customers

PNB customers can now use the same ATM debit card for upto three accounts.

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Sukanya Samridhi Yojana: What it is and How One Can Reap the Benefits

The SSY account can be opened at any post office or authorised bank.

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LIC Policy Can Give You Rs 28 Lakh Return, Additional Pension Benefits

The risk cover in this policy increases after every five years.

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Aadhaar-PAN Linking: Step-by-Step Guide to Link your Aadhaar-PAN Card

Aadhaar Card Linking: You can link your Aadhaar Card and PAN Card in two different ways through the Income Tax e-filing portal or via SMS.

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What is NFT and Why it is Gaining Popularity

Usually, NFTs are being bought with the cryptocurrency Ether or in dollars.

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Krsnaa Diagnostics IPO Next Week: Date, Price Band, GMP, Listing, 10 Points

The company aims to use the proceeds to finance the cost of establishing new diagnostics centres in Punjab, Karnataka, Himachal Pradesh, and Maharashtra.

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PM Kisan Scheme: Know When 9th Instalment To Be Released

The financial assistance is provided to small and marginal farmer families having combined landholding/ownership up to 2 hectares.

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4 Upcoming IPOs Next Week: Krsnaa Diagnostics IPO, Devyani International IPO, Exxaro, More

IPOs in August 2021: Windlas Biotech Limited, Exxaro Tiles, Krsnaa Diagnostics and Devyani International are all looking to debut with their IPOs on August 4.

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Elon Musk vs Apple: Tesla CEO Snipes at Cook Again. Latest on Apple App Store Charges

Elon Musk criticised Apple's App Store charges and said that allowing companies to use other payment options, especially for in-app purchases would be fair.

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Friday, 30 July 2021

Petrol, Diesel Prices Today Held Steady for Over 2 Weeks. Check Fuel Prices

Petrol, Diesel Prices Today July 31, 2021: Petrol Rates have been unchanged for 14 days, while diesel prices have stagnated for 16 days.

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ATM Withdrawal, ICICI Bank, Salary, EMI, LIC Premium Rule to Change from August. Details Here

RBI Changes, August 1: ATM interchange fees and IPPB doorstep service charges have been hiked; charges for ICICI Banks have changed; NACH to be open 24x7.

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Microsoft in Talks to Buy Stake in OYO: Sources

Earlier this month, OYO had raised a term loan B (TLB) funding of USD 660 million (nearly Rs 4,920 crore) from global institutional investors

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Bank Holidays in August: Lenders to be Shut for 15 Days Next Month. Check Full List

On August 19, Muharram (Ashoora), lenders in 17 cities will have an off. On August 30, banks in 15 cities will have off. The rest of the leaves are scattered.

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Business Highlights: Consumer Spending, Robotic Police Dogs

American consumers increased their spending by 1% in June a dose of energy for an economy that is quickly rebounding from the pandemic recession but is facing new risks led by the delta variant of the coronavirus. At the same time, a key inflation barometer that is closely followed by the Federal Reserve surged 3.5% last month from a year earlier. That was the fastest such 12month surge since 1991. Junes solid increase in consumer spending provided further evidence that consumers are driving a strengthening recovery from the pandemic recession.

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U.S. Stocks Slip, Dollar Has Worst Week In Almost Two Months

U.S. stocks dropped on Friday to pull further from record highs as an underwhelming earnings report from Amazon.com Inc dampened the market mood, while the dollar bounced from its lows but still suffered its worst week in nearly two months.

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Amazon, Pinterest Fall; Charter, DexCom Rise

Stocks that traded heavily or had substantial price changes Friday:

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery rose 33 cents to $73.95 a barrel Friday. Brent crude oil for September delivery rose 28 cents to $76.33 a barrel.

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US Regulators Step Up Scrutiny Of IPO Hopefuls From China

Chinese companies hoping to sell their shares in the United States must start making more disclosures about their potential risks before U.S. regulators will allow them to list their stock.

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Salary, EMIs, Insurance Premium, LPG Subsidy, SIP Payment Rule to Change from Next Month

NACH Rule Change: This move will pave the way for a greater customer convenience and will leverage the 24x7 RTGS facility which was recently made available by the RBI, said expert

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LIC Credit Card is Here: No-cost EMI, Insurance Cover, Lounge Access, Other Benefits

Lumine and Eclat cardholders will be eligible to earn 1,000 and 1500 ‘Welcome Bonus Delight Points’ respectively if they spend Rs 10,000 within 60 days.

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Stocks to Watch Today: Union Bank of India, Tech Mahindra, JK Lakshmi Cement among others

The SGX Nifty also indicated a negative start as the Nifty futures was trading 88.00 points or 0.56 percent lower at 15,751.00 level at 7:15 AM on the Singapore Exchange, implying a negative opening for Dalal Street.

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Health Insurance: 5 Mistakes you Should Avoid While Buying your Next Policy

From overlooking the policy details to hiding your medical history, here are some mistakes to avoid when buying or renewing your health insurance policy.

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Central Govt Employees: Change in Monthly Gross Basic Salary, DA, DR Latest Updates

Earlier this month, the Union government has increased the Dearness Allowance and Dearness Relief of central government employees and pensioners to 28 per cent from 17 per cent

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KFC, Pizza Hut Operator Devyani International IPO Next Week. Date, Price Band, 10 Points

August 4 and close on August 6. If there are any Anchor Bookings set to take place, they will happen a day before the opening date, on August 3, 2021.

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Airtel, Vodafone Idea Recharge Plans To Get Costlier. Your Mobile Bill Will Go Up

Airtel, Vodafone Idea Recharge Plans: The move comes as telcos are looking for various ways to improve cash generation to meet the upcoming adjusted gross revenue (AGR) dues

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Glenmark Life Sciences IPO: GMP, Allotment, Listing Date, All You Need to Know

The allotment is set for August 3, while August 5 is set for the accreditation of shares to bidders’ Demat accounts. Listing is likely on August 6.

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Thursday, 29 July 2021

Gold Price Today Flat Near Rs 48,400, Investors Should Book Profit, Say Experts

Gold Price Today, July 30, 2021: On the Multi-Commodity Exchange (MCX), August gold contracts fell 0.06 per cent to Rs 48,368 for 10 grams at 0930 hours

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Rolex Rings IPO: Grey Market Premium Rises on Last Day of Subscription. Should you Book?

The Allotment date for Rolex Rings Limited it is set to be on August 4, while the Listing date for the company on the NSE and BSE is tentatively on August 9.

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Bitcoin Price Today Stable Above $40,000; Ether Sees Huge Jump. Know Top Crypto Rates

Bitcoin, Ether Price Today: Bitcoin price has jumped 23.20 per cent in the last seven days. Ether is trading above $2,400-level

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Petrol, Diesel Prices Remain Unchanged for Almost 2 Weeks. Check Fuel Prices Today

Petrol, Diesel Prices Today July 30, 2021: Oil prices rose again on Thursday, which left the global benchmark of Brent crude futures at $76 a barrel.

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BOJ Policymaker Sees Prospects Of Deeper Debate On Price Goal This Year

The Bank of Japan may see conditions fall in place to begin debating a new strategy for hitting its price target around the end of this year, as the economy shakes off the blues from the COVID19 pandemic, its board member Asahi Noguchi told Reuters.

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Flight Attendants Report High Frequency Of Unruly Passengers

Nearly one in five flight attendants say they have gotten into a physical incident this year with a passenger, and their union is calling for criminal prosecution of people who act up on planes.

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Business Highlights: Economic Growth, Robinhood's IPO

Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. The total size of the economy has now surpassed its prepandemic level. The government estimated that the nations gross domestic product accelerated in the AprilJune quarter from an already robust 6.3% annual growth rate in the first quarter of the year. The quarterly figure fell well below the 8%plus annual growth rate that many economists had predicted for the second quarter. But the miss was due mainly to bottlenecks in supply chains related to the rapid reopening of the economy.

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Oil Settles Up, Brent Tops $76 As U.S. Supplies Tighten More

Oil prices rose on Thursday, with global benchmark Brent topping $76 a barrel, as supplies in the United States tightened further after shrinking to the smallest levels since January 2020.

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Amazon Delivers A Mixed Bag Of 2Q Results, Shares Slide

Amazon on Thursday turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating on profits.

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Ford, Qualcomm Rise; Citrix Systems, PayPal Fall

Stocks that traded heavily or had substantial price changes Thursday:

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How Major US Stock Indexes Fared Thursday

Stocks pushed broadly higher on Wall Street Thursday, helping the S&P 500 claw back the ground it lost over the previous two days and turn slightly higher for the week.

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Amazon Sales Forecast Misses Estimates, Shares Fall

Amazon.com Inc's forecast for thirdquarter sales missed Wall Street expectations on Thursday, as consumers return to brickandmortar stores after shopping more online for the past year due to the pandemic.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery rose $1.23 to $73.62 a barrel Thursday. Brent crude oil for September delivery rose $1.31 to $76.05 a barrel.

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Cognizant to Recruit 1 Lakh Employees this Year, 45,000 Freshers from India by 2022

The top executives of the company said that the attrition rate is mainly present in the more junior and mid-level job positions in India.

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Potato Biscuit? Britannia, ITC Gear Up to Crunch on this New Snack in Town

This new interest in the biscuit market by the FMCG titans is due, in part, to the popularity that the Bangladeshi ‘Pran’s Potata’ biscuits had in India.

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Wednesday, 28 July 2021

Tatva Chintan Pharma Chem Lists at 95% Premium Over IPO Price. Check Share Price at BSE, NSE

Tatva Chintan Pharma Chem Stock: The stock got listed at Rs 2,111.85 on the National Stock Exchange (NSE), a 95 per cent premium to its issue price

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Rolex Rings IPO GMP, Subscription Status Today: Should you Subscribe?

The QIB investor portion had a reservation 50 per cent. The NII category had a 15 per cent reservation, and the Retail segment enjoyed a 35 per cent reservation

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Glenmark Life Sciences IPO GMP Today, Subscription Status, Allotment, Listing Details

Glenmark Life Sciences IPO: The Basis of Allotment is on August 3, and the tentative listing date as of now is set for August 4 for the company.

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Bitcoin Price Hovers Around $40,000 Today, Ether Flat. Know Top Cryptocurrecny Rates

Bitcoin price jumped 0.29 per cent on day to $39,780.92 at 0835 hours IST on July 29 on coinmarketcap.com Index

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Tatva Chintan Pharma Chem Stock to Debut on BSE, NSE Today. Time, Listing Price

Tatva Chintan Pharma Chem Limited: Bumper bidding for stocks, soaring premium at the grey market signal that the pharma stock may double the investor wealth when it opens on the bourses on Thursday

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Petrol, Diesel Prices Unchanged for 12 Days in a Row. Check Fuel Prices

Petrol, Diesel Prices Today July 29, 2021: US crude inventories retreated to pre-pandemic levels and Oil stabilised near $75 per barrel on Wednesday.

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Ford Raises 2021 Profit Outlook, Eyes Shift To Build-to-order

Ford Motor Co on Wednesday boosted its 2021 profit forecast after reporting betterthanexpected quarterly results, lifting the No. 2 U.S. automaker's shares nearly 3%.

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SoftBank Sells 45 Million Shares In Uber - Source

SoftBank is selling about 45 million of its shares in Uber Technologies Inc, a source familiar with the matter told Reuters on Wednesday.

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Oil Settles Up Near $75; Sharp U.S. Inventory Drop Counters Virus Worry

Oil settled near $75 a barrel on Wednesday after data showed U.S. crude inventories fell to prepandemic levels, bringing the market's focus back to tight supplies rather than rising COVID19 infections.

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Business Highlights: Powell On Economy, Google Delays Return

The spread of the COVID19 delta variant is raising infection rates, leading some businesses and governments to require vaccinations and raising concerns about the U.S. economic recovery. But Federal Reserve Chair Jerome Powell injected a note of reassurance, suggesting that the delta variant poses little threat to the economy, at least so far. Powell spoke after the Fed ended its latest policy meeting in which it it signaled that the economy is moving closer to the substantial further progress it wants to see before reducing the $120 billion in Treasury and mortgage bonds it is buying each month to try to spur more borrowing and spending.

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Qualcomm Forecasts Sales Above Wall Street As Supply Bottlenecks Ease

Qualcomm Inc on Wednesday forecasted fiscal fourth quarter revenue higher than Wall Street expectations thanks to sales of 5G phones, including Apple Inc's iPhones, and a growing portfolio of other chips.

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US Dollar, Stocks Dip As Fed Keeps Taper Timing Close To Chest

U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.

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Facebook Doubles Q2 Profit As Revenue Soars

Facebook doubled its profit in the second quarter thanks to a massive increase in advertising revenue, especially the average price of ads it delivers to its nearly 3 billion users.

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Ford Posts 2Q Profit; Factory Output Better Than Expected

Skyhigh sales prices for its pickup trucks and SUVs helped Ford Motor Co. turn a surprise secondquarter profit despite a global shortage of computer chips that cut production.

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Alphabet, Boeing Rise; Spotify, CoStar Group Fall

Stocks that traded heavily or had substantial price changes Wednesday:

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How Major US Stock Indexes Fared Wednesday

Stocks ended a wobbly day with mixed results Wednesday after the Federal Reserve said it was seeing improvement in the economy, but not enough to start dialing down its support measures.

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US Stocks Bounce, Dollar Softens As Fed Says Recovery On Track

U.S. stocks edged higher on Wednesday and the dollar slipped into losses after the Federal Reserve said the economic recovery was on track, but offered no clues about when monetary policy will eventually be tightened.

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Tesla Hikes Electric Car Prices In U.S.; Holds Line In China

Tesla Inc showed signs of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.

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Fed Says U.S. Economic Recovery On Track Despite COVID-19 Surge

The U.S. economic recovery remains on track despite a rise in coronavirus infections, the Federal Reserve said on Wednesday in a new policy statement that remained upbeat and flagged ongoing talks around the eventual withdrawal of monetary policy support.

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American Airlines Crews Say Lodging Is Lacking On The Road

Passengers on American Airlines has been dogged by flight delays this summer, and now flight attendants and pilots say the airline is failing to secure hotel rooms, sometimes forcing employees to sleep in airports.

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Raj Kundra, Shilpa Shetty Fined Rs 3 Lakh by SEBI for Flouting Insider Trading Rules

Shetty, Kundra and Viaan Industries were slapped with the hefty fine for an alleged three-year delay in disclosing an allocation of preferential shares.

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ED Attaches Rs 5-cr Worth Assets in Bengaluru Syndicate Bank Branch Fraud Case

The central probe agency said its investigation in the case was initiated on the basis of an FIR filed by the Bengaluru Police sometime back against Vijay Akkash, Mohamed Musthafa, M D Jairam (the then Assistant Branch Manager of Syndicate Bank, Uttarahalli branch in Bengaluru) and others.

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Deposit Insurance of Rs 5 Lakh: Users to get Money in 90 Days if Bank Under Moratorium

The central government raised the deposit insurance cover to ₹5 lakh even if the bank is put under RBI’s watch, and its regular operations are suspended.

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Rakesh Jhunjhunwala's Next Bet: Budget Airline With $35 Million Investment, 70 Planes

The new airline is to be called ‘Akasa Air and the team’ will be a low-cost airline that can seat up to 180 passengers.

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Rolex Rings IPO GMP, Subscription Status, Allotment: Should you Invest?

On Day-1 of the IPO the GMP stands at Rs 460. This indicates that the shares are trading for Rs 1,340 to Rs 1,360 per share on the unlisted grey market.

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Bitcoin Price Today Rises Above $40,000, First Time Since Mid-June. Elon Musk Effect?

Bitcoin was trading at $40,094.84 at 1130 hours IST on July 28 on coinmarketcap.com Index

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Win Rs 15 lakh by Suggesting Name, Tagline and Logo, Finance Ministry Invites All

Rs 111 lakh crore has been allocated to aid in the development of over 7,000 projects by 2024-25 under the National Infrastructure Pipeline (NIP).

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Tuesday, 27 July 2021

Glenmark Life Sciences IPO GMP, Subscription Status, Allotment, Listing, Key Details

Glenmark Life Science plans to raise Rs 1,514 crore with its IPO, with a fresh issue of Rs 1,060 crore and an Offer for Sale (OFS) of Rs 453.60.

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Gold Price Today Remains Below Rs 48,000. Silver Rises too. What Investors Must Know

Gold Price Today, July 28: On the Multi-Commodity Exchange (MCX), August gold contracts rose 0.18 per cent to Rs 47,657 for 10 grams at 0930 hours on July 28

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Tatva Chintan Pharma Chem IPO Grey Market Premium, Listing Date, Allotment Details

The Grey Market Premium (GMP) of Tatva Chintan Pharma Chem was reported as trading at Rs 1,100 over the given issue size, which marks a 100 per cent increase.

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Petrol, Diesel Prices Remain Unchanged for 11th Day Straight. Check Fuel Rates

Petrol, Diesel Prices Today July 28, 2021: Oil prices steadied on Tuesday as the Covid-19 spread counters the tight supplies and rising vaccine rates.

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Visa Gets Vaccine Boost As Domestic Spending Back Near Pre-COVID Levels

Visa Inc beat estimates for quarterly profit on Tuesday, with domestic spending almost back to prepandemic levels and international travel on the road to recovery as rising vaccinations and reopening economies take effect.

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Starbucks Forecasts Steamy Sales Despite Pressure In China

Starbucks Corp forecast fourthquarter sales above Wall Street estimates on Tuesday despite headwinds in China as travel restrictions related to COVID19 loom longer than expected.

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Visa Beats Estimates As Reopening Of Economies, Vaccinations Boost Spending

Visa Inc beat estimates for quarterly profit on Tuesday as vaccinations and reopening of economies spurred people to spend more on travel and entertainment, boosting volumes for the world's largest payment processor.

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Mattel Expects Strong Holiday Season As Barbie Demand Swells

Mattel Inc raised its fullyear sales forecast on Tuesday, expecting sustained robust demand for its Barbie and Hot Wheels brands into the holiday season despite upcoming price hikes.

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Business Highlights: $15 Wage, Tech Giants' Profits

The signs and banners are dotted along suburban commercial strips and hanging in shop windows and restaurants, evidence of a new desperation among Americas serviceindustry employers: Now Hiring, $15 an hour. It is hardly the official federal minimum wage at $7.25, that level hasnt been raised since 2009 but for many lowerskilled workers, $15 an hour has increasingly become a reality. Businesses, particularly in the restaurant, retail and travel industries, have been offering up a $15 wage to try to fill enough jobs to meet surging demand from consumers who are increasingly traveling, shopping, attending entertainment events and eating out.

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Tech Profits Soared As The COVID-19 Pandemic Began To Fade

Three tech companies that have amassed unparalleled influence while reshaping the way we live released strong earnings results in a flurry late Tuesday.

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Visa Profit Jumps As Vaccinations Boost Spending

Visa Inc reported a rise in quarterly profit on Tuesday as global vaccination drives gathered pace, fueling consumer spending and boosting volumes for the world's largest payment processor.

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Starbucks Hits Sales Record As Customers Return To Stores

Starbucks saw record sales in the third quarter as the impact of the pandemic receded and customers flocked to its stores.

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Google Parent Alphabet Reaches Record Quarterly Revenue, Profit In Ad Boom

Google parent Alphabet Inc reported record quarterly revenue and profit on Tuesday, powered by a surge in advertising spending amid more consumers shopping online, and beat analysts' estimates for both metrics.

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Sirius XM, F5 Rise; UPS, Range Resources Fall

Stocks that traded heavily or had substantial price changes Tuesday:

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Starbucks Delivers Steaming Results As Customers Return To Stores

Starbucks Corp beat market estimates for quarterly comparable sales on Tuesday, as more customers returned to its stores for their daily cup of coffee after staying away during the height of the pandemic.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery fell 26 cents to $71.65 a barrel Tuesday. Brent crude oil for September delivery fell 2 cents to $74.48 a barrel.

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World Stocks Wobble On China, U.S. Real Yields Slip Before Fed Meet

U.S. stocks fell from record highs on Tuesday while real U.S. bond yields hit alltime lows, as a selloff in Chinese shares, economic growth concerns and the Federal Reserve's policy meeting put investors on guard and drove profittaking.

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Women Unemployment Rate Falls to 4.2 Per Cent in 2019-20: Survey

The NSO is a wing of the Ministry of Statistics and Programme Implementation.

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How Extreme Weather Events Led To Spike in Food Inflation

Food items are becoming expensive around the world due to climate change. Its effect may get worse in the coming time.

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Covid-19 Impact: IMF Cuts India's GDP Growth Forecast to 9.5 Per Cent for FY22

This forecast for 2021-22 is lower than the 12.5 per cent growth in GDP that IMF had projected in April before the second wave took a grip.

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Personal loan vs Gold Loan: Difference, Benefits and Other Key Details to Consider

While both the option have their own features that make it an attractive option, here, we try to list the things that you should analyze and compare before making the final choice.

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Petrol and Diesel Price Remain Steady for 10th Straight Day: Check Fuel Prices

Petrol price in the national capital stands at Rs 101.84 per litre while the price of diesel stands at Rs 89.87 for one litre.

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ATM Withdrawal Charges, Debit, Credit Card Fee Set to Increase from Next Month

ATM Withdrawal Charges: RBI has hiked the charges of ATM transactions after almost seven years.

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Tata Motors, Larsen & Toubro, Biocon: Top Stocks For Investors on July 27

The Indian bourses may open higher on Tuesday following gains in Asian peers and amid positive global cues.

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Gold Price Today Below Rs 47,500; Silver Drops for Second Day. Should you Hold or Sell?

Gold Price Today, July 26, 2021: On MCX, August gold contracts dropped 0.07 per cent lower to Rs 47,430 for 10 grams at 1030 hours

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Monday, 26 July 2021

Tatva Chintan IPO: Grey Market Premium Jumps over 100%, Listing Date, Key Points

Tatva Chintan Pharma Chem GMP, Listing Date: The Rs 500-crore IPO received bids of over 58.83 crore shares against the total issue size of over 32.61 lakh shares.

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Glenmark Life Sciences IPO Opens Today: GMP, Key Risks, Listing, Should you Invest?

Considering the pharma company's unique position in the market and future prospect, most analysts suggested a subscribing rating for Glenmark Life Sciences IPO

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Bitcoin Price Today Jumps Above $37,000, First in a Month. Top Cryptocurrency Rates

Bitcoin was trading at $37,005 at 0720 hours IST on July 27 on coinmarketcap.com Index.

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Airlines Cite Concerns About Fuel Shortages At Some Airports

The fuel needle is moving closer to empty at some U.S. airports.

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Bitcoin Jumps On Speculation That Amazon Considering Crypto

Bitcoin's price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a digital currency and blockchain product lead.

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Business Highlights: Fed's Concerns, Business Air Travel

With inflation uncomfortably high and the COVID19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultralowinterest rate policies. For now, the U.S. economy is growing briskly in the wake of the pandemic recession, and the pace of hiring is healthy, which is why the Feds policymakers will likely move closer toward acting soon. In particular, the officials are expected to discuss the timing and mechanics of slowing their $120 billionamonth in bond purchases a pandemicera policy that is intended to keep longterm loan rates low to spur borrowing and spending.

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Explainer: Intel Banks On 3D Chip Technology To Win Over New Customers

In the past, chipmakers like Intel Corp and Taiwan Semiconductor Manufacturing Co raced each other to make the features on chips smaller and smaller to cram more computing power onto a single chip.

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Tesla Reaches Milestone With First $1B Quarterly Profit

Tesla's quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer's ability to navigate through a pandemicdriven computer chip shortage that has caused major headaches for other automakers.

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FirstEnergy: Ratepayers May Have Funded $60M Bribery Scheme

Utility giant FirstEnergy Corp. will reevaluate the company's previous denial that it used customer money to fund a $60 million bribery scheme to win legislative approval of a $1 billion bailout for two unprofitable nuclear power plants in Ohio.

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Hasbro, AON Rise; Tencent, Fair Isaac Fall

Stocks that traded heavily or had substantial price changes Monday:

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery fell 16 cents to $71.91 a barrel Monday. Brent crude oil for September delivery rose 40 cents to $74.50 a barrel.

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India's GDP Growth Expected to Be 8.8-9% in FY22: Care Ratings

The agency said the outlook for the Indian economy on almost all counts in FY22 would look seemingly better than FY21 on account of the negative base effect.

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Govt Procures Record 43.33 MT Wheat in 2021-22 Rabi Marketing Season

The ministry said paddy buying is continuing smoothly and so far 86.98 million tonne of paddy has been purchased as against 75.92 million tonne in the year-ago period.

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Karnataka Hikes DA from 11.25 to 21.50%, Announces Releasing Additional Instalments for Govt Employees

It added that these orders will apply to full time government employees, employees of zilla panchayats, full time employees of aided educational institutions and universities who are on regular time scales of pay.

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Vijay Mallya Declared Bankrupt by London High Court, Banks Win Case

The verdict opens the doers for Mallya's assets to be seized. Mallya is, however, appealing against the HC order.

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Tata Motors Q1 Net Loss Narrows to Rs 4,450 Crore

Consolidated revenue from operations during the period under review stood at Rs 66,406.05 crore as against Rs 31,983.06 crore in the year-ago period.

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Kotak Mahindra Bank Q1 Results: Net Profit Rises 32% to Rs 1,641 Crore

Total income during April-June 2021-22 rose to Rs 8,062.81 crore, from Rs 7,685.40 crore in Q1FY21, according to Kotak Mahindra Bank's regulatory fillings.

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Health Insurance: 5 Things to Know Before Buying Your Next Policy

Check which insurance policy has tie-ups with the greatest number of major hospitals across the city and in your immediate vicinity, so you have better coverage

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Stocks to Watch Today: Ambuja Cements, Reliance Industries, JSW Steel

At 7:15 am, the SGX Nifty was trading 90.50 points or 0.57 percent higher at 15,762.00, implying a negative start for the broader index in India.

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MSME Borrowers Can Take up to Rs 2.5 Cr Loans from Bank of Baroda-U GRO. Details Here

This new joint co-lending venture is available in the city of Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Mumbai and Pune as of now.

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NPS Withdrawal Rule Change: Know When you can Withdraw Full Pension Without Annuity

NPS Withdrawal Rule Change: The increased threshold of Rs 5 lakh will offer better liquidity to a certain segment subscribers amid the second wave of the Covid-19

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Finance Minister Nirmala Sitharaman Says No Plan to Print Currency to Tide Over Covid Crisis

Nirmala Sitharaman has denied any plan to print currency to tide over the Covid crisis, saying economy is on the path of recovery.

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IRCTC Offers all Inclusive 6-Day Kerala Tour at a Reasonable Price, Check Details

The 5 night 6-day package will cover 4 picturesque locations of Kerala.

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Rolex Rings IPO this Week: Price, Issue Size, GMP, Listing Dates, Strengths, 10 Points

The Rolex Rings IPO has a reservation of 50 per cent for the QIBs, 15 per cent for NIIs and for the Retail segment the reservation is 35 per cent as per reports

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Bank Holidays in August: Banks to be Closed for 15 Days Next Month. Full List Here

Bank Holidays in August, 2021: RBI's full list of holidays shows 8 days for state-wise leaves, while 7 days are weekends off for the month of August.

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Amazon may Accept Payments in Bitcoin, Ether, Other Cryptocurrencies Soon. Know More

Amazon is looking to explore cryptocurrency payments options on its platform, according to market experts

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Sunday, 25 July 2021

Bitcoin Nears $40,000, Highest Since June, Ether at 3-Week Record. Check Crypto Prices

The global cryptocurrency market cap went up by 8.50 per cent as it hit a price of $1.52 trillion over the last 24 hours according to CoinMarketCap.

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Gold Price Today Jumps but Rs 8,500 Down from Record High. Should you Invest?

Gold Price Today: On the Multi-Commodity Exchange (MCX), August gold contracts jumped 0.25 per cent to Rs 47,653 for 10 grams at 0930 hours on July 26

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Tatva Chintan Pharma Chem IPO Allotment Today: When and How to Check Status, Refund, GMP

For the successful bidders who have been able to get shares, they will see those shares credited to their Demat accounts on July 28. Refunds will be on July 27.

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Petrol, Diesel Prices Today Remained Unchanged for 9th Day, Check Fuel Rates

Petrol, Diesel Prices Today July 26, 2021: Oil prices have seen very little change on Monday as investors expect tight supplies amidst rising Covid-19 spread.

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Haryana Govt Increases Dearness Allowance from 17% to 28%

The increase in dearness allowance will be applicable from July 1, an official spokesperson said.

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Fixed Deposits: 5 Benefits Beyond Interest Rates that Make FDs good Investment Option

FD investments come with many benefits that include insurance and healthcare, and in the case of FDs for at least 5 years, the investor is also entitled to exemption in income tax.

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Parents' Day: An Investment Guide to Build Child's Higher Education Corpus

To plan better for our children’s education, we need to start investing in the right tools. Read more

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Saturday, 24 July 2021

Sukanya Samriddhi Yojana for your Daughter: Eligibility, Interest Rates, Tax Benefits

Sukanya Samriddhi Yojana offers a return higher than most of the small saving schemes in the market. All you need to know

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SBI Customers: Lost or Damaged Debit Card? How to Block it, Apply for New One via Call

If you have recently lost or damaged your SBI debit card, you would not need to run to the bank branch for getting a new card. All you need to do is make a call

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Need Some Cash Urgently? 4 Different Types of Secured Loan Options, Interests, Benefits

Secured loans have a low credit risk as the lender always has the option to sell off the pledged collateral, securities in case of default

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Robinhood CEO Says He Is Considering Offering U.S. Retirement Accounts

Robinhood Markets Inc is considering launching U.S. retirement accounts, CEO and cofounder Vlad Tenev said on Saturday in a webcast with users of its trading app looking to participate in its initial public offering, which is set to price next week.

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Economic Reforms Benefited Unevenly; Wealth Creation at Bottom of Pyramid Needed: Mukesh Ambani

Ambani said India in 1991 showed foresight and courage in changing both the direction and determinants of its economy.

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Life Insurance: Coverage, Benefits, Types. What You Need to Know Before Choosing

Pension Plans and Child Life Plans are a great way to plan for your future and your family's future when considering your life during the policy term in future.

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ICICI Bank Q1 Net Zooms 52% to Rs 4,747.42 Crore

ICICI's total income reported came to Rs 24,370 crore. Lower than the previous year's Rs 26,067.

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Four Indigo, Spicejet Airlines Staff Among 7 Persons Arrested for Gold Smuggling

Three persons were intercepted by the customs officials after their arrival from Jeddah, Saudi Arabia, on Tuesday, it said.

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NPS: Good Return, Income Tax Savings, Top 5 Benefits of This Scheme

After three years of opening an account, you can withdraw around 25 per cent of the total contribution made into the NPS account until you reach 60.

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Max Bupa Rebrands to ‘Niva Bupa’; Aims to Become Rs 2,500 Cr Company by FY22

Newly christened 'Niva Bupa' plans to bring in over 12 million people in India under its health insurance policy by FY25.

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PF Withdrawal Rule Change: Get Rs 1 Lakh Advance Instantly, Know Details

To get the EPFO medical advance the Patient must be admitted for treatment in a Government/PSU/CGHS empanelled hospital as per the rules of the circular.

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From The Latest Gadgets To Your Fashion Essentials, Amazon Prime Day Is Here To Take Care Of It All

If you’re not a Prime member already, we highly encourage you to sign up right away.

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Banks To be Closed for 3 Days in Last Week of This Month. Know the Dates

Banks will be closed for three more days in the last week of July. Two of those days will be weekend leaves, while one day will be a religious holiday.

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Friday, 23 July 2021

Tatva Chemical IPO: GMP, Allotment, Listing Date, All You Need to Know

The Basis of Allotment is set to take place on July 26, 2021, while the company is tentatively going to list on July 29, though this is not confirmed as of yet.

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Zomato Founder Deepinder Goyal Now Among India's Ultra Rich After Bumper Listing. Know His Net Worth

The start-up founder is now worth about $650 million considering his 4.7 per cent stake in Zomato, according to the Bloomberg Billionaires Index.

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Petrol, Diesel Prices Steady for Seven Days in a Row. Check Fuel Rates in Your City

Petrol, Diesel Prices Today July 24, 2021: Brent crude went up by 31 cents and US West Texas Intermediate (WTI) crude went up by 16 cents on Thursday.

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Global Insurance Recovery Will Be Faster, Stronger Than In 2008 -Swiss Re

The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and inflation risk, insurer Swiss Re AG's chief Americas economist said on Friday.

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American Express, Twitter Rise; Boston Beer, Intel Fall

Stocks that traded heavily or had substantial price changes Friday:

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery rose 16 cents to $72.07 a barrel Friday. Brent crude oil for September delivery rose 31 cents to $74.10 a barrel.

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Oil Edges Up In Weekly Rebound On Forecasts For Tight Supplies

Oil prices edged higher on Friday and for the week after a strong recovery from Monday's steep slide, underpinned by expectations that supply will remain tight through the year.

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Microsoft India President Tells Employees: 'Your Well-Being is Important, Take Breaks'

Microsoft is going the distance to ensure employee satisfaction in the pandemic; the company rolled out a $1,500 pandemic bonus for employees across the world.

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Bank FDs: These Two Banks Offer Highest Interest Rates on 1-year Fixed Deposits

Small Finance Banks in the Private Sector are the best option for those seeking the highest interest rates on their annual Fixed Deposits.

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Gold Price Today Continues to Drop, Remains Below Rs 48,000. Should you Invest?

On the Multi-Commodity Exchange (MCX), August gold contracts slumped 0.12 per cent to Rs 47,576 for 10 grams at 1420 hours on July 23

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Glenmark Life Sciences IPO Next Week: Price, Issue Size, GMP, Listing Date, 10 points

The IPO itself will open on for bidding on July 27 and will close on July 29 with a price band of Rs 695 to Rs 720 per equity share.

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Top Stocks For Investors: Reliance Industries, Tata Power, South Indian Bank:

The Nifty futures on the Singapore Exchange were trading 25.50 points or 0.16 percent higher at the 15,839.50 level at 7:15 am.

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Zomato Listing: Shares Surges over 65% Today. Hold or Sell, What Should Investors Do?

At present, Zomato shares are trading at Rs 125.85 apiece, up 10.85% from listing price, and nearly 66% from the IPO price

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Zomato's Deepinder Goyal is Now CEO of a Rs 1-Lakh-Cr Company. A Look at His Journey

The Zomato stock got listed on the BSE at Rs 115 and Rs 116 on the NSE. The company is now eyeing a post-issue valuation of $8 billion.

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Thursday, 22 July 2021

Zomato Lists at over 50% Premium on Issue Price on BSE, NSE. Check Share Price Today

Zomato has made history on Friday by becoming India's first internet companies to get listed on the bourses

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Zomato CEO Deepinder Goyal Thanks Flipkart, Amazon, Ola, Paytm Ahead of Listing. Know Why

Deepinder Goyal says that Zomato succeeded because Flipkart, Amazon, Ola, Uber, Paytm paved the way and laid the foundation in India's online ecosystem

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Zomato Listing on BSE, NSE Today: Time, Listing Price, Zomato Share Price, Key Details

Zomato Listing on BSE, NSE Today: Zomato stock could list at over Rs 100 per share, more than 30 per cent premium over final issue price

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Digital Currency to Soon Become Reality in India: RBI Working on 'Phased Introduction'

CBDC is not subject to the same volatility of market fluctuations as the 'traditional' private digital asset such as Bitcoin or Ethereum.

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Zomato Shares to Hit Market Today: Analysts Suggest Over 30% Listing Gains

The overwhelming response from investors, rise in grey market premium and the euphoria around first internet company to get listed, analysts suggest a strong listing gains for Zomato

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Petrol, Diesel Prices Today Stay Stable for 6th Day, Still at All-Time High. Check Rates

Petrol, Diesel Prices Today July 23, 2021: Fuel tax by Union government up by 88 per cent this year. Crude prices fell by $0.07 to $0.08 cents overnight.

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Twitter Beats Revenue Targets With Ad Improvements, Shares Jump 5%

Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements to help brands reach potential customers.

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Intel Sales Forecast Implies Rocky Second Half Of 2021 Amid Supply Constraints

Chipmaker Intel Corp said on Thursday it still faces supply chain constraints and gave an annual sales forecast that implied a weak end of the year.

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Wall Street Closes Up After Choppy Trading Due To Higher Jobless Claims

U.S. stock markets closed higher after a mixed trading session as investors digested negative economic data reflecting the country's struggle to move past the COVID19 pandemic, while yields on safehaven assets such as U.S. Treasuries slipped.

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Business Highlights: Amazon's 'Keys,' Jobless Claims

Amazon is pushing landlords around the country to give its drivers the ability to unlock apartment building front doors whenever they need to leave packages in the lobby instead of the street. The service, called Amazon Key for Business, allows delivery workers to make their rounds faster since they dont have to ring doorbells. And fewer stolen packages could give Amazon an edge over other online retailers. But there could be drawbacks. The device is connected to the internet, which could make it vulnerable to hackers. And tenants may not know that Amazon drivers have access to their buildings front doors.

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Washington Post Reporter Sues Paper For Discrimination

Washington Post politics reporter Felicia Sonmez sued the paper and several of its current and former editors for discriminating against her as a victim of sexual assault.

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Twitter Posts Stronger-than-expected Q2 Results, Shares Jump

Twitter on Thursday posted stronger-than-expected earnings for the second quarter thanks to growing advertising demand across all geographic regions and types of ad products.

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How Major US Stock Indexes Fared Thursday

Major indexes edged higher on Wall Street after a day of muted trading, preserving their gains for the week. Even though most stocks in the S&P 500 fell, gains for several tech heavyweights, including Apple and Microsoft, pushed the benchmark index higher. The Nasdaq and Dow Jones Industrial Average also rose. Trading was subdued as investors reviewed the latest corporate earnings and a surprise increase in the number of Americans filing for unemployment benefits.

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CSX, Crocs Rise; Las Vegas Sands, Southwest Airlines Fall

Stocks that traded heavily or had substantial price changes Thursday:

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Twitter Beats Revenue Targets With Ad Improvements, Shares Jump 7%

Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements and said changes by Apple to keep iPhone user data private had hit ad revenue less than anticipated.

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Chipmaker Intel Raises Annual Revenue Forecast

Chipmaker Intel Corp raised its annual revenue forecast on Thursday, focusing on its dual strategy of increasing inhouse production as well as outsourcing to catch up with rivals.

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Petrol Price Hiked Around Rs 11 Since May 4. Check Fuel Rates Today

Petrol, Diesel Prices Today July 22, 2021: Petrol remains stagnant for five consecutive days. International crude went up by more than 4 per cent on July 21.

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PG&E Will Spend Up To $30 Billion Burying Power Lines

Pacific Gas & Electric plans to bury 10,000 miles (16,000 kilometers) of its power lines in an effort to prevent its fraying grid from sparking wildfires when electrical equipment collides with millions of trees and other vegetation across droughtstricken California.

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Union Cabinet Approves Setting Up of Integrated Multi-purpose Infra Development Corp for Ladakh

The decision has been taken at a meeting of the Union Cabinet, chaired by Prime Minister Narendra Modi.

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Financial Bids for Air India Likely to Be Received by September 15: Minister

Of the airline's total debt of Rs 60,074 crore as of March 31, 2019, the buyer would be required to absorb Rs 23,286.5 crore.

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Zomato Listing Tomorrow: Grey Market Premium Jumps Nearly 30%. What to Expect

Zomato share listing on Friday: The market analysts suggest a strong listing on the back of significant rise in Zomato's grey market premium and positive sentiment

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PLI Scheme Worth Rs 6,322 Cr Approved for Specialty Steel by Cabinet, Ladakh Gets a Central University

An investment of Rs 39,625 crore is expected in speciality steel manufacturing. It is being done in order to boost production of high-grade speciality steel.

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PLI Scheme Worth Rs 6,322 Cr Apporoved by Cabinet, Ladalkh Gets a Central University

An investment of Rs 39,625 crore is expected in speciality steel manufacturing. It is being done in order to boost production of high-grade speciality steel.

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Union Cabinet Likely to Approve 100% FDI in BPCL Today

The winning bidder, foreign or domestic, will end up with the refining, marketing and exploration assets of BPCL.

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Future-Reliance Deal: Amazon Made False Submission in Deal for Future Group, Says CCI

Future-Reliance Deal: The representations and conduct of Amazon before the Commission amounts to misrepresentation, making false statement, said CCI, Reuters reported.

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HCL Plans on Rewarding Top Performers with a Mercedes-Benz

HCL’s attrition rate for the last 12 months (LTM) basis went up by around 11.8 per cent in the June quarter. This is 1.9 per cent higher than last quarter

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Zomato IPO Share Allocation Status Finalised. Check Status via Link InTime, BSE

Zomato IPO worth Rs 9,375 crore was subscribed over 38 times.

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Tatva Chintan IPO Grey Market Premium, Allotment Status, Listing Date

The company will most likely list its issue on the BSE and NSE websites on or by July 29, 2021. Successful bidders will get likely credited on July 28.

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Wednesday, 21 July 2021

Gold Price Today Drops for Second Time in 3 days, Below Rs 47,500. Should you Buy?

On the Multi-Commodity Exchange (MCX), August gold contracts slumped 0.47 per cent to Rs 47,869 for 10 grams at 0905 hours on July 21

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Elon Musk Wants 'Bitcoin to Succeed': Tesla to Resume Cryptocurrency Payments If...

Certain Tesla Investors and even Bitcoin miners have been against the way crypto is mined as it takes a toll on the environment and uses lots of electricity.

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Zomato IPO Share Allotment Likely Today; Listing Day Advanced: How to Check Status

Zomato is expected to advance the listing date from July 27 to July 23, according to media reports

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Elon Musk Says He Owns Bitcoin, Ether, Dogecoin; Cryptocurrency Market Jumps

Elon Musk says that he owns far more Bitcoin, than Dogecoin or Ethereum and that he wants it to succeed. It is his largest holding outside of Tesla and SpaceX.

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Petrol Price Hiked Around Rs 11 Since May 4. Check Fuel Rates Today

Petrol, Diesel Prices Today July 22, 2021: Petrol remains stagnant for five consecutive days. International crude went up by more than 4 per cent on July 21.

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PG&E Will Spend Up To $30 Billion Burying Power Lines

Pacific Gas & Electric plans to bury 10,000 miles (16,000 kilometers) of its power lines in an effort to prevent its fraying grid from sparking wildfires when electrical equipment collides with millions of trees and other vegetation across droughtstricken California.

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CSX 2Q Profit More Than Doubled As Railroad Hauled 27% More

CSX railroad's secondquarter profit more than doubled as the economy continued to rebound from the depths of the coronavirus pandemic and it hauled 27% more freight than a year ago.

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Sleep Number, Netflix Fall; Chipotle, Lands' End Rise

Stocks that traded heavily or had substantial price changes Wednesday:

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How Major US Stock Indexes Fared Wednesday

Stocks closed higher again on Wall Street, extending their gains following a sharp drop at the beginning of the week. Investors turned their attention to company earnings, which have started to roll in steadily. The S&P 500 rose 0.8%. Small-company stocks outpaced the rest of the market again, rising 1.8%. Chipotle Mexican Grill jumped after the company reported much better-than-expected results. The yield on the 10-year Treasury rose to 1.29%, but its still below where it was last week.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for September delivery rose $2.88 to $70.30 a barrel Wednesday. Brent crude oil for September delivery also rose $2.88 to $72.23 a barrel.

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Oil Climbs Over 4% Despite Rise In U.S. Inventories

Oil prices rose more than 4% Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in U.S. oil inventories.

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Infosys Acknowledged Technical Issues in New Income Tax E-filing Portal: FinMin

The portal had a bumpy start from the day of its launch on June 7 as taxpayers, tax professionals and other stakeholders reported glitches in its functioning.

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Senior Citizens, Parents Can Now Get Over Rs 10,000 Towards Maintenance

The Maintenance and Welfare of Parents and Senior Citizens (Amendment) Bill, 2019 will be tabled in the Monsoon Session.

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Buy Properties At Cheaper Rates; Here Is How

Potential buyers need to first register online for participating in the auction.

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An Old Rs 20 Note Can Fetch You Rs 3 Lakhs Online, Check Details

Old notes and coins are being auctioned online for lakhs.

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Wall Street Closes Higher, Treasury Yields Rebound Despite COVID Variant Fears

Wall Street notched a comeback on Tuesday with all the major indexes closing higher, and yields on safehaven U.S. Treasuries bouncing off lows as investors sought riskier assets even as worries remained about a resurgence in COVID19.

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United Airlines Posts $434 Million 2Q Loss But Revenue Up

United Airlines reduced its quarterly loss to $434 million and posted surprisingly strong revenue as U.S. vacation travel picked up.

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Netflix Confirms Move Into Video Games As Its Growth Slows

Netflix reported its worst slowdown in subscriber growth in eight years as people emerge from their pandemic cocoons. But it has an answer to that: Video games.

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HCA Healthcare, Inter Parfums Rise; PPG, Philip Morris Fall

Stocks that traded heavily or had substantial price changes Tuesday:

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for August delivery rose $1 to $67.42 a barrel Tuesday. Brent crude oil for September delivery rose 73 cents to $69.35 a barrel.

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Central Govt Employees: Big Jump in Salary; DA, PF, Gratuity to Increase from July

Union government has surged the dearness allowance to 28 per cent from 17 per cent. Know how it will impact your salary from July

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Zomato IPO Share Allotment, Listing Day: When and How to Check Status, Refund

Allotments will be finalised July 22, refunds on July 23, equity share will be credited on July 26 and share trading would most likely commence on July 27.

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Income Tax: 5 Quick Tips for Salaried People on How to Save Tax

Income Tax: Section 80D allows for a deduction of up to Rs 25,000 for health insurance premiums. Know other tax saving tips

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Aadhaar Changes: Now Update Mobile Number in Aadhaar at Your Doorstep. Know How

The Aadhaar mobile number update service workers will be available via 650 IPPB branches and 146,000 postmen and Gramin Dak Sevaks according to the IPPB.

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EPF: How to Check PF Balance Online, Via SMS, Missed Call and Umang/EPFO App

If have activated your UAN number, you can check also your PF balance by downloading the 'm-Sewa app of EPFO'

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Life Insurance vs Health Insurance: Differences, Benefits, How to Make the Most of Both

Life insurance works as a long-term coverage policy, while health insurance is a short-term coverage. Both can be applied to yourself or your extended family.

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PF: These Bank Accountholders Need to Update Their UAN Details. How to Do it Online

The retirement fund body has asked members to know the simple steps with which employees can easily update their bank account details in UAN

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Swiggy Co-Founder Sriharsha Majety on His Ambitions Beyond Food Delivery

Sriharsha Majety spoke about the market potential, Zomato's IPO, his bets on breakout areas, the intense war for talent and India's potential going forward.

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Oyo Founder Ritesh Agarwal Tells Young Entrepreneurs How to Handle Rejection

Oyo has become one of the first Indian start-ups to raise $660 million from its global institutional investors via the TLB funding route.

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In 1990, there was an offer to buy us out for Rs 2 crore. Infosys has Rs 6.5 lakh crore m-cap now: NR Narayana Murthy

NR Narayana Murthy said that as an entrepreneur one needs to have two important attributes. The first is competence and second is values says the founder.

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Old Rs 1 Note can Get You Rs 7 Lakh Online. Here's How

Nowadays, old coins of Re 1 and Rs 2, and notes of Re 1, Rs 2 and Rs 5 can be auctioned online for thousands of rupees by just sitting in the comfort of your home

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Tuesday, 20 July 2021

Oyo Founder Ritesh Agarwal's Tells Young Entrepreneurs How to Handle Rejection

Oyo has become one of the first Indian start-ups to raise $660 million from its global institutional investors via the TLB funding route.

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Petrol Price Crosses Rs 100 in 19 States; Know How Much Tax you Pay to State, Centre

Petrol rates across the country at a standstill since the last revision on July 17. Rajasthan, Telangana, Madya Pradesh and Odisha have the highest petrol tax.

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Petrol Price Hiked 9 Times this Month, Diesel Jumped 5 Times. Check Rates

Petrol, Diesel Prices Today July 21, 2021: Petrol rates were last hiked on July 17. Mumbai is at Rs 107.83/litre and Delhi is at Rs 101.84 per litre.

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TV18 Broadcast Q1 Results: Operating Profit Jumps 323%, Revenue Rises 49%

TV18 Broadcast Ltd posted a 16.2 per cent jump in operating margin highest ever during the first quarter.

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Finance Ministry Issues Order to Implement Cabinet Decision on DA, DR Hike from July 1

Last week, the Union Cabinet had approved an 11 percentage point hike in Dearness Allowance (DA) and Dearness Relief (DR) for central government employees and pensioners.

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EXPLAINED: How Monsoon Got Held Up, Why Many Parts Are Yet To Get Normal Rainfall

Monsoon is now said to have covered the entire country after a phase during which it slowed down. Here's how it has moved so far and what it means for farming

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New Credit Card: Cashback on Fuel Recharge to 24x7 Roadside Assistance, Key Features

ICICI Bank HPCL Super Saver Credit Card: The users will get 5 per cent benefit as PAYBACK reward points on spends on electricity and mobile and at departmental stores like Big Bazaar and D-Mart.

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Swiggy Closes $1.25 Billion Funding Led by SoftBank Vision Fund 2, Prosus

This investment will further accelerate the company's multi-year strategy of growing its core food delivery business and building new food and non-food adjacencies in 2021 and beyond, Swiggy said

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PF Interest: 6 Crore likely to Get 8.5% Interest by Month-end. How to Check EPF Balance

EPFO has recently allowed its members to withdraw money from the retirement fund as a non-refundable advance, citing Covid-19

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Petrol, Diesel Prices Remain Steady for Third Consecutive Day: Check Today’s Rate

Fuel prices in the country vary from one state to another as it depends on the local tax rates like VAT and freight charges.

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Sri Lanka Disputes Moody's Downgrading of Credit Rating; Calls it Ill-judged, Unacceptable

Moody's said that Sri Lanka's low and declining foreign reserves adequacy, limited and narrowing set of external financing options for the government and the extremely large share of government revenue taken up by interest payments raises the risk of debt default.

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Zomato IPO Grey Market Premium Improves; Signals Strong Listing Gains. Allotment, Key Points

Zomato IPO: The grey market premium of Zomato has been doubled to the range of ₹16-18 on July 20, over issue of of Rs 72-76.

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Monday, 19 July 2021

Tatva Chintan Pharma Chem IPO Grey Market Premium, Subscription, Listing, Allotment

Tatva Chintan Pharma Chem IPO was subscribed 4.5 times on the first day of bidding and 15.04 times on the second day

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Gold Price Today Jumps over Rs 48,000 after a Drop in Previous Session, Silver Rises

Gold Price Today: In the international market, yellow metal traded flat on Tuesday

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Stocks to Watch Today: ACC, HCL Technologies, Adani Group and Jindal Stainless

At 7:10 am, Singapore-traded SGX Nifty, which serves an early indicator of India's Nifty was trading 20.50 points or 0.13 percent lower at 15,721.00, indicating a negative start for Dalal street.

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1.32 Lakh Declarations Involving Rs 99,765 Cr Disputed Tax Filed Under Vivad Se Vishwas Scheme

The government has resolved a significant number of pending direct tax disputes amicably with the taxpayers under Vivad se Vishwas scheme

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Reliance Infra Raises Rs 550.56 Cr Via Preferential Allotment of Securities

Reliance Infrastructure had earlier said the funds would be utilised for long-term resources for general corporate purposes, to fund future growth and also to reduce debt.

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AGR Related Dues: SC to Pass Orders on Telecos Pleas Raising Issue of Error in Calculation

The SC in September last year had given 10 years time to telecom providers struggling to pay rupees 93,520 cr of AGR related dues to clear their outstanding amount to the govt.

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All Efforts Being Made to Complete Delhi-Mumbai Expressway Proj Expeditiously: Gadkari

Gadkari said bids for remaining 163 kms length have been received/ invited and these balance works are likely to be awarded in the current financial year.

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GST Compensation: Over Rs 81,000 Cr Due to States for FY21

States which have amounts due to them for 2020-2021 are Maharashtra, Karnataka, Uttar Pradesh, Gujarat, Tamil Nadu, Delhi, West Bengal and Punjab.

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Adani Group Companues Under SEBI, DRI Probe For Non-Compliance of Rules: Govt

Adani Group Companies Being Investigated by SEBI & DRI for Non-Compliance: Govt

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Sachin Banal's Navi Nifty 50 Index Garners Rs 100 Cr in NFO

the overall passive fund folios are 13.5 lakh and Navi has gained 17,000 or approximately 1.3 per cent of this folio base during the NFO.

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Govt's Excise Collections on Petrol, Diesel Jumps 88% to Rs 3.35 Lakh Crore in FY21

With the demand returning, international oil prices have soared, which have led to record high petrol and diesel prices across the country, on top of the taxes.

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SBI Special FD Scheme Offers 6.2% Interest Rates for Senior Citizens. Know More

SBI Special FD for Senior Citizens: The new scheme for senior citizens is applicable for the tenure of five years or more

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Goldman Sachs to Hire Over 2,000 People for Hyderabad Office

Goldman Sachs aims to expand its global centre for engineering and business innovation in India, as well as growing its global reputation, hence the hiring.

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Aadhaar Card Update: Know How to Secure Your Identity by Locking, Unlocking Aadhaar

You can lock or unlock the biometrics of your Aadhaar via the official UIDAI portal or through a simple SMS. Aadhaar card number (UID) or VID can be used.

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Gold Price Today Drops Below Rs 48,000. Should You Invest Now? Know Experts' View

Gold Price Today: On the Multi-Commodity Exchange (MCX), August gold contracts dropped 0.03 per cent lower to Rs 47,909 for 10 grams at 1235 hours.

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GR Infraprojects Shares List Over 100% Premium, Clean Science and Technology Makes a Stellar Debut

QIBs were given a 50 per cent quota allocation while the reserved quota for NIIs and retail investors had a 15 per cent and 35 per cent allocation respectively.

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Zomato IPO Allotment Status and Listing Day: All you Need to Know

Zomato's net proceeds of around Rs 6,750 crore from its IPO will go towards funding both organic and inorganic growth initiatives.

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Top Stocks to Watch: Reliance Industries, LIC Housing Finance, Tata Power Company

The SGX Nifty was trading 238.00 points or 1.49 percent lower at 15,698.00 at 7:15 am, indicating a negative start for the broader index in India.

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Sunday, 18 July 2021

Oil Falls $1 After OPEC+ Agreement on Boosting Supply

Brent crude was down $1.08, or 1.5%, at $72.51 a barrel by 0220 GMT after OPEC+ ministers agreed on Sunday to increase oil supply from August to cool the prices

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Tatva Chintan Pharma Chem IPO Grey Market Premium, Subscription Status, Allotment Details

On the first day of its IPO, Tatva Chintan mobilised Rs 150 crore from the total issue via its anchor booking that took place on July 15.

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Will Petrol, Diesel Prices Finally Come Down? OPEC+ Agrees to Iron Out Supply Constraints

The energy minister of the United Arab Emirates said Sunday that OPEC and allied countries have reached a "full agreement" after an earlier dispute that roiled oil prices.

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Petrol Price Nears Rs 102/Litre in Delhi, Rs 108/Litre in Mumbai. Check Fuel Prices

Petrol, Diesel Prices Today July 19, 2021: The price of petrol in Delhi is Rs 101.84 per litre, Mumbai stands at an all-time high of Rs 107.83 per litre.

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Saturday, 17 July 2021

Aadhaar Card Update: Want to Check where your Aadhaar has been Used? Follow These Steps

Aadhaar Card: To find your Aadhaar history, you just need to visit the UIDAI's website and follow these simple steps. Details Here

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Home Loan for Retired People: 5 Things to Keep in Mind Before Applying

Many retired people are not aware of some basic factors that can not only increase their chances of loan approval. Here's your cheat-sheet

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Health Insurance: 5 Tips to Remember to Claim Health Cover from your Employer

Your family should be well versed with the healthcare policy provided by the office. Make it a habit, before proceeding first to read the policy document thoroughly.

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ATM Cash Withdrawal Charge, Debit Card, Credit Card Fee to Increase Soon

ATM Cash Withdrawal Charge to Rise: In the view of increasing cost of ATM deployment and maintenance charges, RBI has decided to increase the ATM transaction charges

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SBI Customers: Stay Away from These Apps to Avoid Online Frauds, Scamsters

SBI has requested customers to not fall prey to links that promise gifts or cash of any kind. The bank asked them to not click on such links as cyber fraudsters can be behind it. They also advised people to not download apps that promote any sort of phishing.

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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...