US Market: Dow Jones Industrial Average gains 1%, S&P 500 rises 1.3%
New York: Wall Street closed sharply higher yesterday as widespread fears over liquidity in the banking sector abated and market participants eyed the...
All banks to keep branches open till March 31 for annual closing: RBI
Mumbai: The Reserve Bank of India (RBI) has directed all banks to keep their branches open until the end of the working hours on March 31.The central ...
RBI imposes Rs 2.27 crore penalty on RBL Bank
Mumbai: The Reserve Bank of India on Monday said it has imposed a penalty of Rs 2.27 crore on RBL Bank Ltd for non-compliance with norms related to re...
Amazon to lay off 9,000 more employees
New York: Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday.The job cuts would mark th...
EPFO adds 14.86 lakh net members in January
New Delhi: The Employees' Provident Fund Organisation (EPFO) has added 14.86 lakh net members in January this year. According to the Ministry of Labou...
Oil prices fall to their lowest in 15 months on banking fears
Oil prices on Monday fell to their lowest in 15 months on concern that risks in the global banking sector and a potential increase to U.S. interest ra...
Sensex declines 474 pts in early trade
Mumbai: Benchmark stock indices Sensex and Nifty declined by nearly 1 per cent in opening trade on Monday following selling in IT banking and auto sto...
Rupee rises 11 paise to 82.48 against US dollar
Mumbai: The rupee continued its upward trend and rose 11 paise to 82.48 against the US dollar in early trade on Monday, tracking fall in crude oil pri...
Nagaland all set to host G20 Business Summit 2023 at Kohima on April 5
Kohima: Nagaland is all set to host the G20 Business Summit 2023 at Kohima on April 5. Nagaland Chief Secretary Mr J Alam, said the State Government i...
Switzerland's biggest bank UBS agrees to take over troubled Credit Suisse in emergency rescue deal
The Swiss National Bank said that UBS would be taking over embattled lender Credit Suisse. The announcement came after a weekend of emergency talks in...
Forex reserves down by USD 2.39 bn to USD 560 bn
Mumbai: The country's forex reserves fell by USD 2.39 billion to a three-month low of USD 560.003 billion for the week to March 10, the Reserve Bank s...
Cabinet approves listing of IREDA on Stock Exchanges
New Delhi: Union Government on Friday approved for listing of the Indian Renewable Energy Development Agency (IREDA) on the Stock Exchanges. The Cabin...
Govt takes important decisions to attract investment in PSUs of green energy sector
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) granted exemption to NTPC Limited from the extant guidelines of delegation of power to Mah...
Foxconn to make Apple AirPods in Telangana
Taiwanese contract manufacturer Foxconn, who recently signed a Memorandum of Understanding with the Government of Telangana to establish a manufacturi...
Ministry of Steel to sign MoU with selected companies under PLI scheme today
New Delhi: Union Ministry of Steel will sign MoUs with selected companies under the Production-linked Incentive (PLI )scheme for speciality steel toda...
RBI Governor Shaktikanta Das conferred with ‘Governor of the year’ Award at Central Banking Awards 2023
Reserve Bank Governor Shaktikanta Das has received the 'Governor of the Year' 2023 Award by the international publication Central Banking. Mr. Da...
Poland to send four fighter jets to Ukraine in coming days
Poland' President Andrzej Duda has promised to send four Soviet-era Mig fighter jets to Ukraine in the coming days. The transfer would make Poland the...
Align Technology opens Innovation Centre in Hyderabad
Hyderabad: Align Technology, a medical device company that designs, manufactures, and sells the Invisalign system of clear aligners, intraoral scanner...
Business20 meeting under India’s G20 presidency to begin today in Gangtok, Sikkim
Gangtok: Sikkim will host a B20 or Business20 meeting under India’s G20 presidency in Gangtok today. It will be the third of four B20 events organized...
Wholesale inflation eases to 3.85 pc in February
New Delhi: The wholesale price based inflation eased for the ninth consecutive month to 3.85 per cent in February on easing prices of manufactured ite...
Retail inflation sees marginal fall to 6.44 percent in February 2023
New Delhi: Retail inflation for February 2023 fell marginally to 6.44 per cent compared to 6.52 per cent in January 2023 as commodity prices witnessed...
US Prez Joe Biden vows to take necessary action to ensure safety of Banking system after Silicon Valley Bank collapse case
US President Joe Biden has vowed to take whatever action was needed to ensure the safety of American banking system, after the sudden collapse of Sili...
ESIC decides to implement ESI scheme in all districts of India
The Centre yesterday said the Employees’ State Insurance Corporation, ESIC has decided to implement the ESI scheme in all the districts of the country...
Income Tax Department takes up 68,000 cases for e-Verification for underreporting of income in tax returns for FY 2019-20
New Delhi: The income Tax Department has taken up 68 thousand cases for e-Verification for underreporting of income in tax returns for the Financial Y...
US Treasury Secretary Janet Yellen rules out bailout from federal govt for bankrupt Silicon Valley Bank
US Treasury Secretary Janet Yellen has ruled out a bailout from the federal government for bankrupt Silicon Valley Bank. Speaking on CBS News, she sai...
Net direct tax collection reaches Rs 13.73 lakh crore, 83 pc of revised estimate for FY23
New Delhi: Net direct tax collection so far this fiscal grew 17 per cent to reach Rs 13.73 lakh crore, which is 83 per cent of the revised target for ...
Central Govt releases 14th instalment of tax devolution to State governments
New Delhi: The Central Government has released the 14th instalment of tax devolution to State governments amounting to 1,40,318 crore rupees. In a sta...
India and US agree to launch Strategic Trade Dialogue
New Delhi: India and US have agreed to launch a Strategic Trade Dialogue. It was decided during the meeting of External Affairs Minister Dr. S. Jaisha...
Gold price rises marginally by Rs 89 at Multi Commodity Exchange for April contracts
Gold price on Thursday rose marginally by 89 rupees at Multi Commodity Exchange for April contracts. The precious metal was trading at around 55,000 r...
Shekar Reddy elected as Chairman of CII Telangana
C Shekar Reddy, CMD of CSR Estates, is elected as the Chairman of CII Telangana for the year 2023-24. Reddy is a civil engineer with three decades exp...
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