Govt announces collateral free loan worth Rs. 3 lakh crore benefiting 45 MSMEs
Government has announced the first tranche of stimulus packages, under the Atma-Nirbhar Bharat Yojana. Prime Minister Narendra Modi had on Tuesd...
25% cut in TDS and TCS rates till 31st March 2021
In a major announcement by Finance Minister Nirmala Sitharaman, Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) have been reduced by 25...
Rupee rises 21 paise to 75.30 against US dollar in early trade
Mumbai: The rupee appreciated 21 paise to 75.30 against the US dollar in early trade on Wednesday as Prime Minister Narendra Modi’s Rs 20 lakh crore e...
Nitin Gadkari welcomes PM's relief package worth Rs.20 lakh crore
Micro Small and Medium Enterprises, MSME Minister Nitin Gadkari has welcomed the Prime Minister's relief package worth 20 lakh crore rupees announced ...
Sensex slumps over 400 points in opening session today
Mumbai: Equity benchmark Sensex dropped over 400 points in opening session on Tuesday dragged by losses in index-heavyweights HDFC twins, Reliance Ind...
Rupee falls 22 paise against US dollar
Mumbai: The rupee depreciated 22 paise to 75.95 against the US dollar in opening trade on Tuesday amid strengthening American currency overseas and we...
Sensex rallies over 500 points; Reliance jumps 3 pc
Mumbai: Equity benchmark Sensex surged over 500 points in opening session on Monday as strong gains in index-heavyweights Reliance Industries, HDFC, I...
Saudi Arabia to raise VAT from 5% to 15% from 1st July
The Kingdom of Saudi Arabia has decided to raise value added tax (VAT) from 5 percent to 15 percent starting from 1st July and has taken a decis...
India's foreign exchange reserves up by 1.622 million dollars to 481.078 billion dollars
India's foreign exchange reserves has increased by 1.622 million dollars to reach 481.078 billion dollars in the week ended 1st May. A RBI press relea...
SBI hikes home loan rates by up to 30 basis points
The country's largest lender SBI has increased its home loan rates that are linked to repo rate by up to 30 basis points amid market indications of in...
Sensex rallies over 600 points in early trade
Mumbai: Equity benchmark Sensex rallied over 600 points in opening session on Friday as strong gains in index-heavyweight Reliance Industries, massive...
Rupee rises 45 paise to 75.27 against US dollar
Mumbai: The rupee appreciated 45 paise to 75.27 against the US dollar in early trade on Friday tracking positive opening of domestic equities and weak...
Sensex sheds over 200 points in early trade
Mumbai: Equity benchmark Sensex dropped over 200 points in early trade on Wednesday tracking losses in index-heavyweights ITC, Axis Bank and Kotak Ban...
Sensex nosedives over 1,500 points in opening trade
Mumbai: Equity benchmark Sensex plummeted over 1,500 points in opening trade on Monday dragged by selloff in index-heavyweights HDFC twins, ICICI Bank...
200 new mandis from seven states join e-NAM
Two hundred new mandis from seven states joined the e-NAM platform for marketing of Agricultural produce on Friday.They include 94 Mandis of Rajasthan...
India open to mutually benefitting collaborations with interested countries: Piyush Goyal
Union Minister Piyush Goyal has said India is open to mutually benefitting collaborations with interested countries.Interacting with foreign missions ...
Output of eight core infrastructure industries shrank by 6.5% in March
The output of eight core infrastructure industries shrank by 6.5 percent in March due to fall in production of crude oil, natural gas, refinery produc...
RBI extends regulatory benefits under SLF-MF scheme to all banks
The Reserve Bank of India yesterday extended regulatory benefits to all banks including those deploying their own resources to extend liquidity suppor...
Microsoft reports $10.8 billion in profit
San Francisco: Riding once again on its Azure Cloud business, Microsoft reported $35 billion in sales up 15 per cent year-on-year in its third q...
EPFO settles about 13 lakhs claims
Employees' Provident Fund Organization (EPFO) has settled about 13 lakhs claims, including over seven lakh COVID-19 claims under Pradhan Mantri Garib ...
Indian startups attract USD 2.5 bn funding in Q1 2020
Indian tech-led startups attracted funding worth 2.5 billion dollars in the first quarter of 2020, a 14 percent rise compared to the same period last ...
ADB approves USD 1.5 bn loan to India to help fight coronavirus
Asian Development Bank has approved 1.5 billion dollars loan to India to help fund its fight against coronavirus pandemic. The loan has been sanctione...
Global crude oil prices trade mixed on easing coronavirus restrictions
Global crude oil prices were trading mixed yesterday, as optimism about the easing of coronavirus-related restrictions reassured markets, but traders ...
Sensex surges over 400 points in opening trade
Mumbai: Equity benchmark Sensex jumped over 400 points in opening trade on Tuesday tracking gains in financial stocks on Reserve Bank support amid tep...
Rupee slips 15 paise against US dollar
Mumbai: The rupee depreciated 15 paise to 76.40 against the US dollar in opening trade on Tuesday, amid strengthening American currency overseas and v...
RBI announces 50,000 crore rupees Special Liquidity Facility for Mutual Funds to ease pressures
The Reserve Bank of India yesterday announced a Special Liquidity Facility for Mutual Funds (SLF-MF) of 50,000 crore rupees with a view to easing liqu...
Sensex rallies over 600 points in early trade today
Mumbai: Equity benchmark Sensex surged over 600 points in opening trade on Monday led by gains in index-heavyweights Reliance Industries, HDFC twins a...
India's foreign exchange reserves surge by over 3 billion dollars
Country's foreign exchange reserves surged by USD 3.09 billion to USD 479.57 billion in the week to April 17 due to an increase in foreign currency as...
Sensex tumbles over 500 points in early trade
Mumbai: Equity benchmark Sensex tumbled over 500 points in early trade on Friday dragged by losses in banking and IT stocks amid weak cues from global...
Remittances to India likely to drop by 23 per cent this year: World Bank
The World Bank has said that remittances to India are likely to drop by 23 per cent from 83 billion US Dollars last year to 64 billion US Dollars this...
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