Friday, 30 September 2022

These Banks Have Raised Benchmark Lending Interest Rates; What It Means For Borrowers, Lenders?

HDFC, Bank of Baroda, PNB, Union Bank, RBL, IndusInd Bank and RBL Bank have raised their benchmark lending interest rates

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Govt Extends Deadline for Filing Tax Audit Report Till October 7

The move comes after taxpayers and other stakeholders faced difficulties in filing various reports of audit for the Assessment Year 2022-23

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Commercial LPG Cylinder Price Raised by Rs 25.5 in Delhi; CNG, Piped Cooking Gas Rates Hiked by 40%

With the rate cut, a 19-kg commercial LPG cylinder will cost Rs 1,859 in Delhi, instead of Rs 1,885; CNG, piped cooking gas cost will increase due to hike in natural gas

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RBI MPC Repo Rate Hike: How Will It Impact Your Home Loan EMIs? Check Here

Banks in the country have already been raising interest rates on deposits as well as loans for the past few months

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RBI Monetary Policy Highlights Today: Repo Rate Hiked By 50 bps; GDP Forecast Cut; Key Decisions

Apart from repo rate hike and GDP forecast downward revision, the RBI has announced its actions on RRBs, payments aggregators and banks' loss provisioning

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Thursday, 29 September 2022

RBI Revises Downwards GDP Forecast For Current Financial Year To 7% from 7.2%

India's GDP grew by 7.3 per cent in the June 2022 quarter

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EXPLAINED: How Do We Know When a Recession Has Begun?

With consumers managing to keep spending and the trade deficit narrowing, economists expect the economy grew — albeit slowly — in the July-September quarter

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RBI Monetary Policy Committee Meet: Where, When & How to Watch Shaktikanta Das Address Live

RBI Monetary Policy Meet: The Reserve Bank of India, or RBI, is all set to hold a press conference on September 30, Friday, on the decisions taken by it during its Monetary Policy Committee (MPC) meeting

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Petrol, Diesel Prices Out For September 16; Check Rates In Delhi, Mumbai & Other Cities

The prices of fuel in the country held steady for yet another day on September 29

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UPI-Credit Card Linking Has Potential To Disrupt Visa, MasterCard Market, Say Experts; Details

The total number of outstanding credit cards in the system jumps 21.9 per cent year-on-year to about 7.80 crore in August 2022

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Credit Card, Debit Card Tokenisation From October 1: How to Tokenise Cards, Key Details

Come October 1, debit card and credit card rules with regard to online payments will change for customers across India.The Reserve Bank of India mandated the adoption of card-on-file (CoF) tokenisation. Know how to tokenise cards

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DA Hike Under 7th Pay Commission: How Much Will Your Salary Increase After 4% Hike? Check Details

After the 4% hike, the DA or DR will now be 38 per cent of the basic pay or pension, respectively, effective from July 1, 2022

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Nykaa Shares Rise 6% as Company's Board Mulls Maiden Bonus Issue on Oct 3

FSN E-commerce, which operates under Nykaa brand, said its board will meet on October 3 to consider a maiden bonus issue.

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Akash Ambani Named in Time100 NEXT list; Here's Why The Reliance Jio Chairman Is The Next Big Thing

TIME magazine says Akash Ambani was always expected to rise in business. But he has been putting in hard work

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Wednesday, 28 September 2022

Stock Market Update: Sensex Surges Over 500 pts at Open, Nifty Reclaims 17K; Key Points

Sensex Today: The Sensex and Nifty indices opened in the green on Thursday after a 6-day slide as the global market staged a comeback.

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Stocks to Watch Today: Voda Idea, Ambuja Cements, Blue Dart, Anupam Rasayan, and Others

Stocks to watch today: Shares of firms like Voda Idea, Ambuja Cements, Blue Dart, Anupam Rasayan, and others will be in focus in Thursday's trade

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PM Kisan 12th Installment Likely by September 30; How To Check Beneficiary Status

Under the PM-KISAN scheme, eligible landholding farmers' families get Rs 2,000 every four months, which is Rs 6,000 annually

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Tuesday, 27 September 2022

Gold Rates Today: Yellow Metal Prices Down; Check Gold And Silver Price in Your City

Ten grams of 22-carat gold was being sold at Rs 45,790 whereas 24-carat gold was priced at Rs 49,960. A kilo of silver retailed for Rs 55,000.

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Petrol and Diesel Rates Today: Check Fuel Prices in Your City on September 28, 2022

The rates of petrol and diesel have been the same for more than three months now.

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Rupee Hits Another Record Low, Nears Rs 82 Against US Dollar

The rupee declines by 35 paise to all-time low of 81.88 against a dollar in early trade as the American currency rises further

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Debit, credit card, Demat, NPS, APY Rules: Key Money Rule Changes From October

Financial Rule Changes From October 1: Several regulations will take effect on October 1st. Here are the changes that may affect your personal finances starting the following month.

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Stock Market Update: Sensex Falls Over 500 pts, Nifty Below 16,900; ITC Declines 1%

Sensex Today: After a flat close, the previous day, the Sensex and Nifty opened in the red on Wednesday amid weak global cues.

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Stocks to Watch Today: BPCL, Mahindra CIE, Torrent Pharma, Motherson Sumi, and Others

Stocks to watch today: Shares of firms like BPCL, Mahindra CIE, Torrent Pharma, Motherson Sumi, and others will be in focus in Wednesday's trade

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Petrol And Diesel Price Today: Check Fuel Rates in Delhi, Mumbai, Chennai And Other Cities

In Mumbai, a litre of petrol costs Rs 106.31, and a litre of diesel costs Rs 94.27.

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Gold Rates Today: Check Gold And Silver Prices in Delhi, Mumbai and Other Major Indian Cities

Gold was the priciest in Chennai among all major Indian cities and retailed at Rs 50,740 for 10 grams of 24-carat variety and Rs 46,510 for 22-carat.

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Embassy Office REIT Shares Slip as 8.1% Equity Changes Hands Via Block Deal; Details

Embassy Office Parks REIT shares dropped over 1.7 per cent in early trade on Tuesday morning

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Tata, Singapore Airlines Could Merge Vistara, Air India: Report

Aiming to optimize resources and challenge industry leader IndiGo, Tata group and Singapore Airlines Ltd. on their way to merging their airline businesses Air India and Vistara

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Monday, 26 September 2022

Indian Economy Showing Resilience and Recovery: CEA

Speaking at a virtual seminar organised by Swadeshi Research Institute, he said all sectors of the economy such as agriculture, manufacturing and construction are "doing well".

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Stock Market Updates: Sensex Gains 300 pts at Open, Nifty Reclaims 17,100; Key Points

Sensex Today: The Sensex and Nifty indices opened in the green after a four day losing streak on Tuesday amid mixed cues.

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Fund of Funds for Startups Committed Rs 7,385 Cr to 88 AIFs as of Sep 24: Govt

FFS was announced with a corpus of Rs 10,000 crore. The corpus is to be built up over the 14th and 15th Finance Commission Cycles (2016-2020 and FY 2021-2025) through budgetary support by the Department for Promotion of Industry and Internal Trade (DPIIT), under the ministry

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Petrol, Diesel Prices Today: Check Fuel Rates in Delhi, Mumbai And Other Cities

As of September 26, petrol and diesel in Delhi cost Rs 96.72 per litre and Rs 89.62 a litre.

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UP RERA imposes Rs 1.39-Crore Fine On 13 Real Estate Developers; Check Details

UP RERA Says the penalty is part of its efforts to ensure enforcement of its orders and provide speedy justice to the aggrieved allottees

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Tata Group Plans To Halve Number of Listed Companies For Better Focus On Growth, Scale

The move is aimed at shifting Tata group's focus on investing in fewer but bigger entities that can ably compete in the marketplace

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Sunday, 25 September 2022

Harsha Engineers Listing: Shares Rise 36% on Debut; Should You Buy, Sell or Hold?

Harsha Engineers made its D-street debut today. Harsha Engineers launched its Rs 755-crore initial public offering (IPO) from September 14-16 and received strong demand across investor categories. What should investors do now?

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Stock Market Update: Sensex Crashes 700 pts at Open, Nifty Near 17,100; Rupee Hits Fresh Low

Sensex Today: The Sensex and Nifty benchmark indices had a gap-down start on Monday amid a slump in rupee and rising recession fears.

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If a Recession is Indeed Coming, Investing in These Stocks Could be a Safer Bet

While India is not entirely immune to the globally looming recession, it might just stand out as a lone shining star, according to S&P chief global economist Paul Gruenwald

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Stocks to Watch Today: Harsha Engineers, Embassy REIT, Coal India, BPCL, and Others

Stocks to watch today: Shares of firms like Harsha Engineers, Embassy REIT, Coal India, BPCL, and others will be in focus in Monday's trade

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Small Savings Scheme: Will Govt Raise Interest Rates For October-December 2022?

Interest rates on small savings schemes, including PPF and Sukanya Samriddhi Yojana, have remained unchanged since the first quarter of 2020-21

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India On Track To Attract $100 Billion FDI in Current Financial Year; Check Govt Efforts

FDI inflows in India stood at $45.15 billion in 2014-15 and have since consecutively reached record FDI inflows for eight years

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China Construction Bank To Set Up $4.2-Billion Fund For Buying Properties; Details Here

Realty companies in China have been facing a credit crunch after the government earlier tightened lending to the sector in order to reduce debt risks

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Saturday, 24 September 2022

Rupee Has Held Up Very Well Against Dollar Compared to Other Currencies: FM Sitharaman

If any one currency which has held its own and did not get into fluctuation or volatility as much as other currencies, it is the Indian rupee, the finance minister says

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Harsha Engineers IPO Listing Tomorrow: GMP, What Experts Say

Harsha Engineers IPO: The company's unlisted shares are trading at a premium of Rs 162. So, its grey market premium (GMP) is Rs 162

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Petrol Soars Higher Than Rs 100 In these Cities; Check The Full List

The price of petrol in Delhi on Sunday is set at Rs 96.72 per litre, while diesel costs Rs 89.62 per litre

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As Jhulan Goswami Walks Into the Sunset, These Financial Tips from Her Career Will Bowl You Over

While we may not be able to witness Jhulan Goswami’s deadly in-swingers on the field anymore, she will continue to motivate many in the times to come. Here are a few insights you can glean from her glorious career to make your financial run-up just as precise and effective as bowling

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Meesho Records 80% Jump in Sale with 88 Lakh Orders on Day 1 of Festive Season Sale

Tier 2, 3 and 4 cities accounted for around 85 per cent of orders on day one, the company said in a statement.

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Aadhaar Update: From Sharing PIN to Creating Virtual ID, UIDAI Lists Aadhaar Do's and Dont's

There arc lots myths and perceptions about usage of Aadhaar amidst the general public, the UIDAI said, adding a list of dos and dont's

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Economist Who Predicted 2008 Financial Crisis Warns About 'Long, Ugly' Recession

Nouriel Roubini's warning comes after the US along with all major economies is seeing high rates of inflation

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Friday, 23 September 2022

Petrol, Diesel Prices Today Announced; Check Fuel Rates in Delhi, Mumbai Other Cities

Petrol, Diesel Price Today, September 24: On Saturday, petrol and diesel are retailing at Rs 96.72 per litre and Rs 89.62 per litre in the national capital, Delhi.

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TCS Work from Home Ends for Employees, Company Asks Workers to Come to Office Thrice a Week

As the Covid-19 pandemic has somewhat subsided for the time being, TCS work from home will no longer be possible, the company said in an email to employees recently.

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Moonlighting Finds Surprise Support from Minister Rajeev Chandrashekar; Know What He Said

Efforts of companies that want to pin their employees down and prevent them from working on their own startups are doomed to fail, the minister said.

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Moonlighting Divides IT Industry: As Wipro Fires 300 Employees, Here's Who Said What

In a recent event, Wipro chairman Rishad Premji said moonlighting is a 'complete violation of integrity in its deepest form,' while sharing that Wipro had fired 300 employees.

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RBI Bars M&M Finance From Using External Recovery Agents Post Hazaribagh Mishap; Shares Dip 10%

RBI initiates action against M&M Financial after pregnant woman dies during loan recovery; Know details

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Thursday, 22 September 2022

RBI Cancels Licence of Laxmi Co-Operative Bank, Allows Depositors to Withdraw up to Rs 5 Lakh

On liquidation, all depositors of Laxmi Co-operative Bank will be entitled to receive deposit insurance claim amount of his or her deposits up to a monetary ceiling of Rs 5 lakh.

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Stock Market Update: Sensex Falls 250 pts, Nifty50 Below 17,600; Tata Steel Top Gainer

The benchmark Sensex and Nifty indices started lower on Friday amid feeble global cues and weak domestic sentiment due to a sharp fall in the rupee.

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Reliance New Energy to Buy 20% Stake in US-Based Caelux; Know Details

Reliance New Energy Limited (RNEL), a wholly-owned subsidiary of Reliance Industries Ltd, has signed definitive agreements to invest in Caelux Corporation

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Stocks to Watch Today: Tata Steel, Fortis, Hero MotoCorp, Glenmark, and Others

Stocks to watch today: Shares of firms like Tata Steel, Fortis, Hero MotoCorp, Glenmark, and others will be in focus in Friday's trade

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India's Rice Production Likely To Decline 6% This Kharif Season; Will It Impact Prices?

The lower estimate of rice production is due to lower sowing of paddy amid poor rains in key producing states, especially Jharkhand

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Meesho Announces 11-Day Break for Employees from October to Prioritise Mental Health; Know More

Called Reset and Recharge, this industry-first initiative will allow Meesho employees to 'completely unplug from work and prioritise their mental well-being' after the busy festive sale period.

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Petrol Price Today Below Rs 100 in Delhi, Other Places; Check Petrol, Diesel Rates in Your City

Petrol, Disel Price Today, September 22: On Thursday, petrol and diesel are retailing at Rs 96.72 per litre and Rs 89.62 per litre in the national capital, Delhi.

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Wednesday, 21 September 2022

Harsha Engineers IPO to List on BSE, NSE Soon: Know Latest GMP

Harsha Engineers IPO GMP Today: After the share allotment of Harsha Engineers International's initial public offering (IPO), all eyes are now on the stock market listing.

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Rupee Falls to Record Low of 80.47 Against US Dollar in Early Trade; What's Next?

The Indian rupee fell to a new low as it fell by 42 paise an opened at 80.38 against the US dollar in early trade on Thursday

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Sensex Sinks Over 350 pts, Nifty Below 17,600 After 75 bps Rate Hike by Fed

Sensex Today: The Sensex and Nifty benchmark indices opened on a shaky ground following a global sell-off after the US Fed raised its benchmark rate by another 75 bps overnight.

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BSNL Officer Caught Napping in Minister's Meeting Takes VRS

The officer was serving as CGM, Quality Assurance and Inspection, in Bengaluru

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Gold Price Today: Yellow Metal Retailing at Rs 50,300, Silver at Rs 56,600 Ahead of US Fed Outcome

Looking at the state-wise list of the prices, the yellow metal was being retailed as the priciest in Chennai with 24-carat gold priced at Rs 50,520 per 10 grams and the 22-carat gold retailing at Rs 46,310 for the same quantity.

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Air India Express Posts Net Loss for First Time in Seven Years of Rs 72.33 Crore

The second and third waves of the pandemic hampered market recovery, especially in the regional international markets—Air India Express's mainstay—the airline claimed in its documents submitted to the RoC to explain the FY22 results.

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Petrol, Diesel Latest Prices: Find out Fuel Rates Today In Mumbai, Kolkata, Other Cities

Petrol and Diesel prices have remained static even in the third week of September.

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Tuesday, 20 September 2022

Byju's Co-Founder Divya Gokulnath Compares Ed-Tech Firm's Results to 'Brahmastra'; Know Why

Divya Golkulnath said that the second blockbuster release of this year, after the movie "Brahmastra", was the financial results of Byju's

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Stock Market Update: Sensex Rises 50 points, Nifty Above 17,800 Ahead of US Fed Policy Outcome

Sensex Today: The benchmark Sensex and Nifty indices started on a weak note on Wednesday morning after a two-day rally.

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Stocks to Watch Today: Central Bank, Cipla, Yes Bank, GAIL, SpiceJet, and Others

Stocks to watch today: Shares of firms like Central Bank, Cipla, Yes Bank, GAIL, SpiceJet, and others will be in focus in Wednesday's trade

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Tata Motors shares: Analysts See Upto 22% Return in a Year Despite Chip Shortage

Tata Motors Stock Price: If you are looking for an auto stock with a better valuation for investment, then you can keep an eye on the Tata group company Tata Motors. Here's why

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Financial Conditions Are Now Tighter Than Last Decade's Average, May Tighten Further: Crisil Report

Crisil says tighter financial conditions may not restrict growth for now as policy rate hikes act with a lag

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Sensex Jumps 800 pts, Nifty Above 17,850; Key Reasons Why Market is Rising Today

Why Stock Market is Rising Today? Indian equity markets edged higher on Tuesday's intra-day trade amid modest gains overseas.

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RBI Currently Not Looking To Allow NBFCs To Issue Credit Cards, Says Report; Check Details

The issue of allowing NBFCs to issue credit cards is not on the table right now

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Monday, 19 September 2022

Stock Market Update: Sensex Jumps 600 pts, Nifty Above 17,800; Dish TV Rallies 9%

Sensex Today: The Sensex and Nifty indices mirrored global moves and had a gap-up opening.

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Stocks to Watch Today: IRCTC, Ceat, Sugar Stocks, GAIL, Oil stocks, and Others

Stocks to watch today: Shares of firms like IRCTC, Ceat, Sugar Stocks, GAIL, Oil stocks, and others will be in focus in Tuesday's trade

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Ambuja Cements Surges 10%, Hits Fresh High on Adani's Funding Plan; Should you Invest?

Shares of Ambuja Cements rallied 10 per cent to hit a new high of Rs 568 on the BSE in Monday’s intra-day trade after Adani Group's plans to infuse Rs 20,000 crore in the company

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Credit Card, Debit Card New Rules from Next Month: All You Need to Know About Tokenisation

After a host of delays in implementation, the credit card and debit card tokenisation rules will come into effect from October 1.

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Sunday, 18 September 2022

EXPLAINED: How the Strong US Dollar Can Affect Everyone

The dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen

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EXPLAINED: Ethereum is Ditching Its 'Miners.' Why?

With the change enacted last week, ethereum — the world's second most valuable cryptocurrency after bitcoin — has effectively eliminated the energy-intensive task of "mining" new coins on its blockchain

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EXPLAINED: What to Know About 'Buy Now, Pay Later'

Buy now, pay later loans allow users to pay for items such as new sneakers, electronics or luxury goods in installments

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Harsha Engineers IPO Share Allotment This Week; Know GMP, Listing Date, Key Details

Harsha Engineers IPO Share Allotment on Wednesday: After subscription, all eyes are now set on the Harsha Engineers IPO allotment date, which is most likely September 21. Know details

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Stocks to Watch Today: ACC, Ambuja, Zomato, ONGC, Hero Moto, and Others

Stocks to watch today: Shares of firms like ACC, Ambuja, Zomato, ONGC, Hero Moto, and others will be in focus in Friday's trade

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Direct Tax Collections Jump 23% To Rs 7 Lakh Crore During Current Fiscal So Far; Check Details

Almost 93% of the duly verified income tax returns have been processed till till now

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Downside Risks To Growth Are There, No Room For Complacency On Inflation: FinMin report

India's imports are growing faster and financing them comfortably will have to be accorded high priority, finance ministry says in its report

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Govt Considering Proposal To Grant Development Financial Institution Status To REC

Move aimed at enabling the state-owned company to steer global climate funding and net-zero investment in the country

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Income Tax Dept Issues Revised Guidelines for Compounding of Offences; Details Here

Specific upper limits have been introduced for the compounding fee covering defaults across several provisions of the Income Tax Act

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Saturday, 17 September 2022

Short-Video Apps Market To Touch $19 Billion by 2030, GARI Will Recover Stronger: Chingari's Sumit Ghosh

Ethereum Merge is the most significant prospective crypto market-moving event in recent times; a successful merge will further boost investor confidence in crypto, says Chingari CEO

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SBI Waives Off SMS Charges On Mobile Fund Transfers; Check Details

SBI says users can now conveniently transact without any additional charges using USSD services

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Petrol, Diesel Latest Prices Announced: Know How Much You have to Pay for 1 Litre Today

The petrol prices and diesel prices in Delhi are Rs 96.72 per litre and Rs 89.62 per litre, respectively

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Harsha Engineers IPO Subscribed 74.7 Times: Harsha Engineers IPO GMP Today, Share Allotment Date

Harsha Engineers IPO GMP Today: Harsha Engineers IPO received bids for 125.97 crore shares against the 1.69 crore shares up for bidding

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Cryptocurrency Price Today LIVE: Bitcoin Stays Below $20,000; Ethereum Slips 16.5% in a Week

Cryptocurrency Price Today, September 17: Ethereum price today at the time of writing this article was $1,432.66, down by 2.16 per cent over the past day.

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Unemployment Rate Below Pre-Pandemic Levels, MGNREGA Work Demand Lowest in August: Govt

Net payroll additions doubled in June 2022 quarter compared to the corresponding period last year with broad-based enhancement across the industry, the finance ministry said citing EPFO data.

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Indian Industrialist Swati Piramal Conferred Top French Honour for Business, Industry Contributions

Swati Piramal has been conferred France's top civilian honour for her contributions in the fields of business and industry, science, medicine, and towards strengthening Indo-French ties.

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Friday, 16 September 2022

Petrol, Diesel Prices Today Over Rs 100 in These Cities; Check Fuel Rates in Delhi, Mumbai, Others

Petrol Price Today, September 17: In Delhi, petrol and diesel are priced at Rs 96.72 and Rs 89.62 per litre, respectively.

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Is Today a Bank Holiday? Banks to Remain Shut for 5 Out of 13 Remaining Days This Month

Bank Holidays in September, Many bank holidays are regional and may differ from state to state. Please check the bank holidays in your city before visiting the branch

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Renting a House? All You Need to Know About Documents Needed to Register Rent Agreement

In order to institutionalise the rental housing segment by bringing it into legal fold the Central government passed the Model Tenancy Act in June 2021.

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Sensex Falls Over 1,400 pts in Last 3 Days; Key Reasons Why Markets Are Falling

Why are Stock Markets Falling Today? Key Indian benchmark indices traded lower for the third consecutive session on September 16

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Exporters Allowed To Use RoDTEP, RoSCTL Scrips To Pay Customs Duty, Transfer Them; Rules Amended

An exporter who gets the RoDTEP or RoSCTL scrips can use them to pay Customs duty or transfer/ sell them to other importers

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Manforce Condoms Maker Mankind Pharma Files DRHP For Over $700 million IPO; Know Details

PE firm ChrysCapital-backed Mankind Pharma, the maker of top-selling condom brand Manforce Condoms, has filed its DRHP with SEBI

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Thursday, 15 September 2022

Stock Market Updates: Sensex Slips 400 pts At Open, Nifty50 Below 17,800; Key Points

Sensex Today: Domestic equity markets opened lower on Friday amid weak global cues.

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Harsha Engineers IPO GMP, Subscription, Key Risks; Should You Buy on Last Day?

Harsha Engineers IPO Last Day to Subscribe: Harsha Engineers IPO subscription will conclude today. The applicants also must note that the cut-off time for UPI mandate acceptance is Friday, September 16, 2022, upto 5:00 pm. Should you buy?

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Both Sides of The Coin: The Ethereum Merge Is Done; But What Happens Now?

The second largest crypto in the world has fundamentally migrated to a mechanism that is 99.95% less energy-consuming

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PVR Shares Down 5% After Investors Offload 9% Equity; Should you Buy, Sell or Hold?

PVR Share Price Today: Shares of PVR dropped 5 per cent to Rs 1,838 on the BSE in Thursday’s intra-day trade, after investors offloaded 9 per cent stake in the company via a block deal

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Rupee Rises 5 Paise to 79.47 Against US Dollar in Early Trade

The rupee witnessed a rangebound trading in early trade on Thursday as a firm American currency and concerns about hawkish US Fed offset the support from positive domestic equities.

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Wednesday, 14 September 2022

GST e-Invoicing, Atal Pension Yojana Rules for Taxpayers: Key Tax Rules That Change from October

With the beginning of October, a new financial quarter, Q3, will begin. This means that several rules will be changed with the onset of the month.

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Stock Market Update: Sensex Jumps 300 pts At Open, Nifty50 Nears 18,100; Key Points

Sensex Today: After wild swings, the previous day, the Sensex and Nifty indices started in the green on Thursday amid slightly positive global cues.

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Harsha Engineers IPO Day 2: GMP, Subscription, Valuation, Other Details; Should you Invest?

Harsha Engineers IPO got fully subscribed on the first day of subscription. Should you subscribe on day 2?

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Stocks to Watch Today: Tamilnad Mercantile Bank, Tata Steel, GSK, Vedanta, and Others

Stocks to watch today: Shares of firms like amilnad Mercantile Bank, Tata Steel, GSK, Vedanta, and others will be in focus in Thursday's trade

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Tamilnad Bank Listing on BSE, NSE Today: Time, Listing Price, Key Details

From 9.15 am onwards, investors are able to buy Tamilnad Mercantile Bank's shares from BSE and NSE

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Work from Home in Special Economic Zones to be Allowed for All Employees; Know Why

We’ve decided to allow work from home in all SEZ sectors as a request for it has come from many quarters, Union minister Piyush Goyal has said.

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Tuesday, 13 September 2022

Air India-Vistara Merger on Cards, Discussions on to Bring Airlines Together: Vistara CEO

Whether it’s going to be a merger, or we will have two separate airlines are all options that are still on the table, Vistara CEO Vinod Kanan said.

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Harsha Engineers IPO Opens Today: Price, Financials, GMP, Should you Invest?

The Rs 760 crore initial public offering (IPO) of Harsha Engineers International is set to open for public bidding on Wednesday, September 14. Should you invest?

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Stock Market Update: Sensex Falls 1,000 pts At Open, Nifty Below 17,800 After Wall Street Selloff

Sensex Today: The domestic markets had a tumultuous start on Wednesday following a hotter-than-expected inflation report in the US that has diminished all hopes of any ease in the Fed’s monetary tightening.

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Nifty50 Scales 18K For First Time Since April, Will The Rally Continue? Know What Analysts Say

Nifty50 on Tuesday climbed for the fourth straight day and, in the process, took out the 18,000 level on a closing basis, the first time since April 4. Will the rally continue?

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Wall Street Tumbles to Biggest Loss in Two Years Following CPI Data

A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.

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Stocks to Watch Today: Infosys, Bharat Forge, PVR, Lupin, JSW Steel, and Others

Stocks to watch today: Shares of firms like Infosys, Bharat Forge, PVR, Lupin, JSW Steel, and others will be in focus in Wednesday's trade

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Twitter Shareholders Vote in Favor of Elon Musk's $44 Billion Offer

Twitter Inc's shareholders approved a $44 billion buyout by Elon Musk

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Vedanta, Foxconn To Set Up Semiconductor Manufacturing Plant In Gujarat, MoU Signed; Know Details

Vedanta and Foxconn will invest Rs 1,54,000 crore to set up the facility in Gujarat, which would create one lakh job opportunities.

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Harsha Engineers IPO Opens Tomorrow: GMP, IPO Details; Should you Subscribe?

The upcoming initial public offering (IPO) of Ahmedabad-based Harsha Engineers International will open for subscription on September 14

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Adverse Base Effect, Food Prices Raise Retail Inflation In August: Finance Ministry

Finance ministry says core inflation was recorded at 5.9 per cent in August 2022, remaining below the tolerance limit of 6 per cent for the fourth consecutive month

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Adani Realty In Discussions With DB Realty For Merger Deal: Report

The transaction, which may be the largest real estate deal in India, will pave the way for the listing of the real estate arm of billionaire Gautam Adani

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Monday, 12 September 2022

Amazon Work from Home to Continue for These Employees; Know What CEO Said

Andy Jassy said Amazon had no such plans as to mandate its corporate staff members who work from home, to come back to office.

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Stock Market Updates: Sensex Surges 350 pts, Nifty Reclaims 18K for First Time Since April

Sensex Today: Domestic benchmark Sensex and Nifty indices started in the green on Tuesday morning.

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Stocks to Watch Today: TCS, Axis Bank, JSW Steel, HDFC Life, Ujjivan SBF, and Others

Stocks to watch today: Shares of firms like TCS, Axis Bank, JSW Steel, HDFC Life, Ujjivan Small Finance Bank, and others will be in focus in Tuesday's trade

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Rupee Falls 10 Paise to 79.67 Against US Dollar in Early Trade

The rupee depreciated by 10 paise to 79.67 against the US dollar in opening trade on Monday, even as the equity market opened on a positive note.

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Looking for a New House in India? Here are 5 Apps to Make House Hunting Easier

If you are looking for a new property to buy or rent, here are a few apps, you definitely must try for the house hunt

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Union Bank of India Hikes MCLR by up to 35 Bps; How Will it Affect Your Home Loan, Auto Loan EMIs?

The new Union Bank MCLR rates have come into effect from September 11. The UBI MCLR rate hike will mean that loan interests for new and existing borrowers are set to increase.

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Sunday, 11 September 2022

Bank Holidays in September: Lenders to be Closed for 5 Out of Remaining Days This Month; Check List

Bank Holidays in September, Many bank holidays are regional and may differ from state to state. Please check the bank holidays in your city before visiting the branch Bank Holidays in September 2022, List of days when banks will remain closed this week

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Stock Market Update: Sensex Rises 300 pts at Open, Reclaims 60K; Nifty Above 17,900; Tech M Up 3%

Sensex Today: Indian markets opened on a positive note in Monday's trade on the BSE amid strong global cues.

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Tamilnad Mercantile Bank IPO Share Allotment Today: How to Check via BSE, Registrar's Website

Tamilnad Mercantile Bank IPO Share Allotment Today: Share allotment of the public issue of Tamilnad Mercantile Bank Ltd will be allotted today, September 12, 2022.

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Stocks to Watch Today: ONGC, Hindustan Copper, ACC, Ambuja Cement, and Others

Stocks to watch today: Shares of firms like ONGC, Hindustan Copper, ACC, Ambuja Cement, and others will be in focus in Monday's trade

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India's Merchandise Exports to Rise Over 11% to $114 Billion in July-September: EXIM

The rise in exports during the second quarter of FY23 could be shadowed by softening global commodity prices

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PLI for Electronics Manufacturing: This Company Has Been Given Incentive To Boost Local Production

Padget Electronics will get a disbursement of Rs 53.28 crore under PLI Scheme for Large Scale Electronics Manufacturing

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PPF, NSC, Sukanya Samridhhi Account Offering Better Returns Than Bank FDs? Check Details

Small savings schemes, including PPF, senior citizen savings scheme, NSC and Sukanya Samriddhi Account Scheme, are currently offering interest rates up to 7.4 per cent

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Flood Losses Likely to Slash Pakistan's GDP Growth to 3% from 5%

A total of 81 districts (32 in Balochistan, 23 in Sindh, and 17 in Khyber Pakhtunkhwa) remain categorised as calamity-hit

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Shaadi.com Plans To Launch IPO Within A Year; Check Details

Shaadi.com also plans to introduce a platform where matches can meet face-to-face virtually

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Saturday, 10 September 2022

Harsha Engineers IPO To Open On September 14: Is It Worth Buying? Check Price, Size, Key Dates

Harsha Engineers IPO, for which the price band has been fixed at Rs 314-330 per share, will remain open between September 14 and September 16

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Housing Prices On Rise Due To Demand Recovery, High Interest Rates; What Should New Homebuyers Do?

Residential prices, which have surpassed pre-pandemic levels, have been seeing an upward trend led by rising demand amid rising prices of construction materials

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Noida Twin Towers: Supertech to Submit Structural Audit Reports of Demolished Towers by This Month

Supertech on September 7 informed that the structural audit work for the post-demolition would begin soon and would be completed by September 30.

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Reliance Industries Arm to Acquire Polyester Business of Shubhalakshmi Polyesters at Rs 1592 Crore

The acquisitions, which total to a gross amount of Rs 1,592 crore, will be made by Reliance Petroleum Retail Ltd and are subject to approval of the Competition Commission of India

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Harsha Engineers IPO Opens Next Week: Price Band, Size, Key Things to Know About the Offer

Harsha Engineers IPO price band has been fixed at Rs 314-330 per share band of Rs 314-330 per share for its maiden public issue.

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Friday, 9 September 2022

Petrol, Diesel Latest Prices Announced: Check Petrol Price Today In Delhi, Mumbai, Other Cities

Petrol Price Today, September 10: In the capital city, Delhi, a litre of petrol comes at a price of Rs. 96.72 per litre while diesel costs Rs. 89.62 per litre.

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Direct Tax Collection Rises 35.46% So Far This Fiscal, Govt Collects Rs 6.48 Lakh Crore

Direct tax collection, net of refunds, stands at Rs 5.29 lakh crore which is 30.17 per cent higher than the net collections for the corresponding period of last year

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RBI Executive Director Warns on Applying Latest Tech: 'Blind Implementation Could be Counterproductive'

It is also desirable that models should be built over sufficiently large time-series data, said RBI ED Ajay Choudhary

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Want to Maximise Return on Your Property? Five Things You Should Keep in Mind

With most Indian cities going through a transition phase, property rates are expected to spike in near future.

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Devika Bulchandani Becomes CEO of Ogilvy; A List of India-Born CEOs Leading Global Firms

As Devika Bulchandani takes charge of the company, here is a list of Indian-origin CEOs of multinational companies

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India Bans Export of Broken Rice; Will It Stable Price Rise? Check Details

The prices of rice in India in the past week have increased about 5 per cent as neighbouring Bangladesh has again cut import duty on rice from 25 per cent to 15.25 per cent

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Thursday, 8 September 2022

Petrol, Diesel Price Today in Delhi, Kolkata, Other Cities; Know How Much You Have to Pay

Petrol Price Today, September 9: In the capital city, Delhi, a litre of petrol comes at a price of Rs. 96.72 per litre while diesel costs Rs. 89.62 per litre.

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Stock Market Update: Sensex Gains 350 pts at Open, Nifty Reclaims 17,900; Key Points

Sensex Today: The Sensex and Nifty indices started in the green on Friday morning amid firm cues from overseas.

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Stocks to Watch Today: Concor, MandM, Jet Airways, Vodafone Idea, and Others

Stocks to watch today: Shares of firms like Concor, M&M, Jet Airways, Vodafone Idea, and others will be in focus in Friday's trade

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Power Minister Says Efforts Being Made To Give Relief To Solar Project Developers Hit Due To BCD

The increase in prices of solar photovoltaic cells and modules coupled with the BCD is leading to cost pressure for solar power projects

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Axis Bank FD Rates Increased for These Tenures; Check Latest Fixed Deposit Rates

The Axis Bank FD rate hike comes at a time when major banks are increasing their fixed deposit interest rates.

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Wednesday, 7 September 2022

Google CEO Sundar Pichai Hints at Further Job Cuts: 'Want to See Company 20% More Efficient'

Sundar Pichai said that he hopes to make Google 20 per cent more efficient, as he tackles issues including economic challenges and rapid hirings over many years.

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Petrol Price Today Above Rs 100 in These Cities; Check Petrol, Diesel Price in Delhi, Kolkata, Others

Petrol Price today, September 8: The price of petrol in the national capital on September 7 remains to be Rs. 96.72 per litre and a litre of diesel in the city costs Rs. 89.62.

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Stock Market Update: Sensex Rises 450 pts at Open, Nifty Tops 17,750; Key Points

Sensex Today: BSE Sensex, NSE Nifty opened on an upbeat note after a sharp fall in oil prices, and global sentiment has turned positive.

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Bullish Trend in Bank Nifty to Continue, Says Rajesh Palviya of Axis Securities; Know Top 4 Stock Picks

Bank stocks are having a good rally and it doesn't look like that will end anytime soon. Rajesh Palviya, VP - Technical and Derivative Research, Axis Securities picks top 4 stocks to buy

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Stocks to Watch Today: Dr. Reddy’s Laboratories, Indigo, HDFC Bank, Zydus, and Others

Stocks to watch today: Shares of firms like Dr. Reddy’s Laboratories, Indigo, HDFC Bank, Zydus, and others will be in focus in Thursday's trade

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Ambuja Cement Shares Surge Over 3% Ahead of Adani Group's Open Offer. Know Details

Shares of Ambuja Cements Ltd. traded 3.39 per cent up at Rs 452.0 in Wednesday's early trade. in an otherwise weak market ahead of the closure of the open offer made by Adani Group

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Canara Bank Hikes MCLR Rates from Today; How Much Will Home Loan, Car Loan EMIs Go Up? Check Here

Canara Bank MCLR Hike: The benchmark one-year MCLR will be 7.75 per cent against the existing rate of 7.65 per cent.

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IDBI Bank Privatisation: Govt Seeks Easing of Public Shareholding Norms, Here's What We Know So Far

The two-year relaxation in meeting the minimum public shareholding norms will give IDBI Bank five years in total to comply with the rules

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Tata 1mg Becomes Unicorn With $40 Million Funding Led by Tata Digital; Know Company's Value

As per the Annual Report of Tata Sons, Tata Digital has acquired a majority stake at 1mg, its digital health company.

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Tuesday, 6 September 2022

Small-Cap Funds Add to Your Ideal Investment Portfolio but There is a Catch

Positive sentiment for small-cap stocks is grounded in the consistent returns it has generated over the last few years. But experts caution investors to adopt high-risk tolerance for investing in small-cap funds since the downsides can be financially damaging

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Tamilnad Mercantile Bank IPO GMP, Subscription, Review; Should You Buy on Last Day?

Tamilnad Mercantile Bank IPO Subscription Day 3: The maiden public issue of Tamilnad Mercantile Bank continued to see good participation on the second day of subscription. Should you buy?

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LIC Brings New Pension Plus Plan; Premium, Funds, Terms; Details Here

People can purchase the plan either as a single premium payment policy or a regular premium payment

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Petrol And Diesel Prices Announced For September 6, Check Rates In Delhi, Mumbai, Kolkata, Chennai

The price of petrol in the national capital on September 6 is Rs. 96.72 per litre and the diesel in the city costs Rs. 89.62 per litre.

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GAIL Rises Ahead of Bonus Shares Issue; What Investors Should Know

GAIL Stock Price Today: Shares of Gas Authority of India Ltd. (GAIL), rose nearly a per cent to Rs 92 apiece on the BSE in Tuesday's opening deals

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Indian Financial Market Resilience Reflects Robust Macro Fundamentals: Shaktikanta Das

On the rupee depreciation, the RBI governor said the rupee has depreciated by 5.1 per cent during FY23 so far, which is among the lowest in the world

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Monday, 5 September 2022

RIL Buying US-Based Software Firm SenseHawk for Rs 255 Crore

The transaction is expected to be completed before 2022-end and is subject to regulatory and other customary closing conditions

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Stock Market Update: Sensex Jumps Nearly 300 pts at Open, Nifty Tops 17,700; Key Points

Sensex Today: Sensex and Nifty indices opened in the green on Tuesday morning amid a lack of global cues as US markets remained closed on Monday.

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Tamilnad Mercantile Bank IPO GMP, Subscription Status, Financials; Should You Buy on Day 2?

Tamilnad Mercantile Bank IPO Day 2: The initial public offering (IPO) of Tamilnad Mercantile Bank opened for subscription on Monday, September 5

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Petrol, Diesel Price Today Announced: Check Fuel Rates in Delhi, Kolkata, Other Cities

On September 5, the price of petrol in Delhi is Rs. 96.72 per litre while that of diesel is Rs. 89.62 per litre.

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PMI Services Grows to 57.2 in August; Hiring at Over 14-Year High

India's dominant services industry grew faster than expected in August thanks to a solid expansion in demand and a continued easing in cost pressures, encouraging firms to hire at the quickest pace in more than 14 years

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Cyrus Mistry's Death Puts Question Mark on Shapoorji Pallonji Group's Future; Here's Who Will Helm It

Since 2012, when the late Pallonji Mistry announced retirement, the Shapoorji Pallonji Group has been under the control of his eldest son and Cyrus's elder brother Shapoor Pallonji Mistry.

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Sunday, 4 September 2022

Paytm Shares Fall 6% Over ED Raids; Trade at 68% Discount to Issue Price

Paytm Share Price Today: Paytm shares fell 3 per cent in early trade on Monday morning after the ED raided its offices

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Stock Market Update: Sensex Climbs Nearly 200 pts At Open, Nifty Above 17,550; Key Points

Sensex Today: Sensex and Nifty indices started on a weak note on Monday morning amid muted global cues.

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Tamilnad Mercantile Bank IPO Opens Today: Price, Financials, GMP, Should you Invest?

Tamilnad Mercantile Bank IPO Opens Today: Tamilnad Mercantile Bank IPO will open for subscription on Monday, September 5. The bank aims to raise up to Rs 825 crore from its maiden share sale. Should you invest?

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Govt Considering PLI Scheme For Furniture To Boost Domestic Manufacturing: Report

Discussions are on for the PLI scheme for moulded furniture and toys

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Exports Dip 1.15% to $33 Billion in August; Trade Deficit Widens to $28.68 Billion

Imports rise by 37 per cent to $61.68 billion in August this year

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FPI Inflows Hit 20-Month High of Rs 51,200 Crore in August

This comes following a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors in July

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Indian Economy Likely To Become World's Third Largest Till 2029: SBI Report

India has undergone a large structural shift since 2014 and is now the 5th largest economy, SBI report says

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India's Unemployment Rate Zooms to 1-year High of 8.3% in Aug: CMIE

During July, the unemployment rate was at 6.8 per cent and the employment was 397 million

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Saturday, 3 September 2022

Supertech Noida Twin Tower Land May Again Reach Court; Know Why

The demolition of Supertech twin towers in Noida, which were demolished on last Sunday (August 28), led to a loss of about Rs 1,000 crore to developer Supertech

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Baazar Style Retail May Launch IPO By September 2023, Starts Discussions For Investment Bankers

Baazar Style Retail IPO might comprise primary and secondary issues of shares

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Petrol, Diesel Prices Below Rs 100 In Delhi; Check Latest Rates In Delhi, Mumbai & Other Cities

Petrol price in Delhi is Rs 96.72 per litre, while diesel costs Rs 89.62 per litre in the national capital

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Indian Space-Tech Startup Skyroot Aerospace Gets Rs 403-Crore Investment; Know More

This investment further validates Skyroot’s strengths in space technology and boosts its capabilities to tap into trillion-dollar space business opportunities, the company said in a press release

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Starbucks CEO Laxman Narasimhan is a 'Fun Person' and Loves His Single Shot of Espresso Daily

Starbucks CEO Laxman Narasimhan has a hunger to learn more, be it music, sports or languages.

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Chandigarh Welfare Trust, NID Foundation to Celebrate PM Modi's 72nd Birthday as Seva Pakhwara From September 17 in The City

Free Mega Health Camp, Prosthetic limbs distribution, blood donation, water conversation, and tree plantation drive are among various activities to be undertaken during 15 days period

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PM Kisan 12th Installment Likely by This Month: Who Will Get Rs 2000, Who Will Not

The Pradhan Mantri Kisan Samman Nidhi, or PM Kisan Scheme is a special drive launched by the central government under Prime Minister Narendra Modi

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Petrol Price Today in Delhi Below Rs 100; Check Petrol, Diesel Rates in Mumbai, Kolkata, Other Cities

Currently, the petrol price in Delhi is Rs. 96.72 per litre while the diesel in the capital costs Rs. 89.62 per litre.

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Friday, 2 September 2022

Bank Holidays in September 2022: Lenders to Remain Closed for 13 Days this Month; Full List

Bank Holiday Today, Many bank holidays are regional and may differ from state to state. Please check the bank holidays in your city before visiting the branch Bank Holidays in September 2022, List of days when banks will remain closed this week

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India Becomes 5th Largest Economy in the World, Beats UK to Seal Spot; Know Details

India became the fifth biggest economy during the last three months of 2021, pushing the United Kingdom to the sixth spot, with the country grappling with a harsh shock of high cost of living.

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As Starbucks Appoints Laxman As CEO, Here's A List of Indian CEOs of Leading Multinational Companies

Sundar Pichai, Satya Nadella, Parag Agrawal are among the top Indian CEOs of global companies

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Laxman Narasimhan Named Starbucks CEO: Journey of Pune Engineer Who Will Lead Coffee Giant

Laxman Narasimhan, who worked with Reckitt before being named as the Starbucks CEO, will replace Howard Schultz.

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Tamilnad Mercantile Bank IPO Opens on Monday: 10 Key Things to Know

Tamilnad Mercantile Bank (TMB) — one of the country's oldest private sector lenders — is gearing up to launch an initial public offering (IPO). Know details

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Thursday, 1 September 2022

Noida Twin Towers Demolished; What Will Supertech do With the Land? Top Officer Explains

Supertech's comment came days after the 100-metre high Noida twin towers, constructed illegally, were demolished on Sunday.

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Stock Market Updates: Sensex Gains 200 pts At Open, Nifty Near 17,600; NTPC Jumps 3%

Sensex Today: Indian markets opened on a positive note amid mixed global cues on Friday morning.

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Markets May Remain Range-Bound, Says Shrikant Chouhan of Kotak Securities; Bets On Auto, Real Estate

Shrikant Chouhan, head of equity research (retail), Kotak Securities Ltd., in an exclusive interview with News18.com spoke about how the domestic markets are likely to perform in September. Read here

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Starbucks Names Indian-Origin Laxman Narasimhan As New CEO

Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup.

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Stocks to Watch Today: Infosys, Hero Moto, Aurobindo Pharma, Eicher Motors, and Others

Stocks to watch today: Shares of firms like Infosys, Hero Moto, Aurobindo Pharma, Eicher Motors, and others will be in focus in Friday's trade

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Zomato Will Now Deliver Lucknow Kebabs, Kolkata Sweets to Your Doorstep; Here's How It Will Work

Food Delivery aggregator Zomato has launched its intercity food delivery system, Intercity Legends, and the pilot project has already taken the internet by storm.

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SpiceJet Shares Crash Nearly 15% After Losses Widen, CFO Quits

Shares of private carrier SpiceJet Ltd fell as much as 14.7 per cent on Thursday, after it posted a bigger loss

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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...