Global Crude Prices dip over 2%
Brent and WTI Crude trading more than two percent down in the Global Crude Market yesterday. The Global Oil Benchmark Brent crude down nearly two and ...
SBI hikes lending rate by 10 bps across tenors, raising EMIs for borrowers
New Delhi: State Bank of India, the country's biggest lender, has raised the Marginal Cost of Funds-based Lending Rate (MCLR) by 10 basis points (0.1 ...
Sensex and Nifty Surge on Global Rally
Mumbai: Equity benchmark indices Sensex and Nifty surged in early trade on Friday following a sharp rally in global markets along with buying in IT st...
India’s Merchandise Imports Rise to $57.48 Billion in July
India’s merchandise imports rose 7.4 percent year-on-year to 57.48 billion dollars in July this year as compared to 53.49 billion dollars in July last...
Ministry of Coal Launches Global Mining Initiative to Boost Coal Production
The Ministry of Coal has unveiled an ambitious plan to boost coal production through global mining operators. The Ministry said that the primary goal ...
TRAI Bans Voice Promotional Calls from Unregistered Senders
The Telecom Regulatory Authority of India (TRAI) has mandated that all Access Service Providers stop voice promotional calls immediately from all unre...
Gold Up 0.08% at ₹70,910; Silver Down 0.82% at ₹81,260
In the Indian Bullion Market, 24 Karat Gold increased by 0.08 percent, and trading at 70,910 rupees at 6:40 last evening. Silver 999 fine, decrea...
Retail inflation eases to nearly five year low of 3.54 percent in July
Retail inflation for July this year eased to 59 months low of 3.54 per cent on a year-on-year basis. As per the data released yesterday by the M...
EPFO organizes live session to educate members about various schemes
The Employees’ Provident Fund Organisation (EPFO) is organizing its 5th live session on ‘EPF Transfer’ today. The session is aimed at educating member...
India’s IIP Records 4.2% Growth in June 2024
The Ministry of Statistics and Programme Implementation data on the Index of Industrial Production (IIP) says, India’s IIP records a growth of 4.2 per...
Kharif Crops Sown in 979 Lakh Hectares: Govt
The government yesterday said that Kharif crops have been sown in more than 979 lakh hectares. The Agriculture Ministry said in a statement that 331.7...
Brent & WTI Crude Prices Rise Nearly 1% in Global Market
Brent and WTI Crude are trading nearly one per cent up in the Global Crude Market yesterday.Brent crude increased one per cent, to 80 dollars and 46 c...
Gross Direct Tax Collections Surge 23.99% to ₹8.13 Lakh Crore
Gross direct tax collections from April 1 to August 11 have increased by 23.99 per cent over the same period of the previous year, reaching 8.13 lakh ...
RBI directs NBFCs to return full cash deposit within first 3 months in case of emergency
The Reserve Bank has directed non-banking financial companies – NBFCs to return 100 percent of deposit amount within the first three months, if the de...
SEBI refutes Hindenburg Research’s allegations
The Securities and Exchange Board of India (SEBI) has refuted the allegations made by Hindenburg Research and emphasized that it has adequate internal...
SEBI advises investors to remain calm and exercise due diligence before reacting to such reports like Hindenburg
Securities and Exchange Board of India (SEBI) has advised investors to remain calm and exercise due diligence before reacting to inaccurate reports li...
AMFI Condemns Hindenburg Report, Defends SEBI Chairperson Madhabi Puri
Association of Mutual Funds in India (AMFI) has condemned the latest Hindenburg report against SEBI Chairperson Madhabi Puri Buch and her husband Dhav...
Air India suspends Tel Aviv-bound flights amid current situation in West Asia
Air India has suspended flight operations to and from Tel Aviv, Israel, with immediate effect until further notice in view of the current situation in...
Banking Laws (Amendment) Bill introduced in LS
New Delhi: Finance Minister Nirmala Sitharaman on Friday introduced in the Lok Sabha the Banking Laws (Amendment) Bill, 2024, which seeks to give cust...
RBI Introduces Delegated Payment Through UPI, Cheque Clearing Time Reduced
Mumbai: The Reserve Bank of India (RBI) on Thursday proposed to introduce Delegated Payments’ in UPI. Delegated Payments would allow an individual (pr...
Parliament passes Finance, Appropriation and J&K Bills
Parliament has passed the Finance (No.2) Bill, 2024, The Appropriation (No.2) Bill, 2024 and The Jammu and Kashmir Appropriation (No.3) Bi...
Capital Expenditure has consistently risen since pandemic: FM Sitharaman
Union Finance Minister Nirmala Sitharaman has said the government is continuously emphasising and spending higher and higher amounts in capital expend...
NSE’s Registered Investor Base Surpasses 10 Crore Milestone for the First Time
The National Stock Exchange (NSE) has achieved a significant milestone, with its unique registered investor base surpassing the 10-crore mark for the ...
RBI retains repo rate at 6.5 pc for ninth time in a row
Mumbai: The Reserve Bank of India (RBI) on Thursday decided to keep the policy rate unchanged for the ninth time in a row, saying food inflation remai...
About 95.3% of cane dues in current sugar season of sugarcane farmers cleared till last month: Government
The Government yesterday claimed that about 95.3 per cent of cane dues in the current sugar season 2023-24 of sugarcane farmers have been cleared till...
Modi government aims to simplify tax laws and boost growth, employment: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman yesterday emphasized that the Modi government’s approach to taxation has been to bring in greater simplification o...
Government appointed C S Setty as Chairman of SBI
The government has appointed C S Setty as Chairman of State Bank of India (SBI) for a period of three years. Mr Setty, currently senior most MD of the...
Minimum balance is not required for PMJDY accounts and basic savings bank deposit accounts: Nirmala Sitharaman in RS
Union Finance Minister Nirmala Sitharaman has clarified that a minimum balance is not required for PM Jandhan accounts and basic savings bank deposit ...
Ministry of Finance Reports 652 Black Money Cases and 163 Prosecutions
Ministry of Finance has informed that, by the end of last fiscal year, about 652 cases raising demand of more than Rs 17,000 crore and 163 prosecution...
RBI asks banks to provide short term crop loans & short term loans for allied activities
In view of the continuation of the Modified Interest Subvention Scheme by the Centre, the Reserve Bank has asked banks to provide short term crop loan...
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