RBI hikes benchmark lending rate by 50 basis points to curb inflation
Mumbai: The Reserve Bank of India (RBI) on Friday raised the benchmark lending rate by 50 basis points to 5.40 per cent to tame inflation.With the lat...
RBI to announce its bi-monthly monetary policy today
Mumbai: Reserve Bank of India will announce its bi-monthly Monetary Policy today. Experts believe that RBI is likely to increase the repo rate by 25 t...
Bharti Airtel to launch 5G services later this month
New Delhi: Telecom operator Bharti Airtel will start rolling out 5G services later this month as it signed requisite agreements with Ericsson, Nokia a...
Govt cuts windfall tax on diesel, ATF export
New Delhi: The government has halved the windfall tax on the export of diesel and scrapped the levy on jet fuel (ATF) shipments but raised the tax on ...
OnePlus 10T 5G smartphone unveiled in India
New Delhi: Alongside the next generation of OnePlus operating system (OS) — OxygenOS 13, the global smartphone brand has made its newest flagship smar...
RBI's monetary policy review underway
New Delhi: The three-day Reserve Bank of India’s monetary policy committee meeting commenced on Wednesday and it is highly likely the six-member panel...
Centre approves highest ever Fair and Remunerative Price of Rs 305 per quintal for Sugarcane farmers
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) has approved Fair and Remunerative Price of sugarcane for sugar season 2022-23 (October - ...
Govt to introduce new technologies to replace toll plazas in country to ensure smooth movement of vehicles
New Delhi: The government is contemplating introducing new technologies to replace toll plazas in the country to ensure smooth movement of vehicle. Re...
Vistara starts operating flight on Mumbai-Jeddah route
New Delhi: Vistara on Wednesday said it has started operating flights on the Mumbai-Jeddah route three times per week.The inaugural flight between Mah...
RBI's financial inclusion index rises
Mumbai: The RBI's composite financial inclusion index (FI-Index) capturing the extent of financial inclusion across the country rose to 56.4 in March ...
Sensex falls 70 points in early trade today
Mumbai: Equity benchmark Sensex declined nearly 70 points in opening trade on Wednesday, tracking losses in index majors Maruti, M&M and Kotak Mah...
Rupee down 27 paise against US dollar
Mumbai: The rupee depreciated 27 paise to 78.80 against the US dollar in opening trade on Wednesday, tracking a muted trend in domestic equities.At th...
SpiceJet in active discussion with Middle Eastern carrier for possible stake sale
New Delhi: Low cost carrier SpiceJet is said to be in active discussion with a Middle Eastern carrier for a possible stake sale.SpiceJet promoter Ajay...
Indian economy is better placed than many developed countries: FM Nirmala Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman has said that Indian economy is definitely in much better condition as compared to si...
Markets halt four-day rally amid weak global trends
Mumbai: Equity benchmarks Sensex and Nifty fell in early trade on Tuesday, halting their four-day rally amid an overall weak trend in the global marke...
SpiceJet clears all outstanding principal dues of AAI
New Delhi: SpiceJet on Tuesday said it has entered into an agreement with the Airports Authority of India (AAI) and cleared all outstanding principal ...
Banks to remain shut for 18 days in August
According to the Reserve Bank of India’s (RBI) calendar of holidays, banks will be closed for a total of 18 days in August including six-weekend leave...
GST collection in July second highest ever with Rs. 1.48 lakh crore collection
New Delhi: GST collection in July stood at Rs 1,48,995 crore, second highest since introduction of GST. The collection for July is 28 per cent higher ...
5G telecom services likely to be launched by October: Ashwini Vaishnaw
New Delhi: Communications Minister Ashwini Vaishnaw has said that the fifth generation -5G telecom services is likely to be launched by October this y...
Record 72.42 lakh ITRs filed on July 31 deadline
Over five crore 83 lakh Income Tax Returns (ITRs) have been filed till 31st of July, the last day. The Revenue Department said that a record of over 7...
Bidding begins for 5G spectrum auction on day 7
New Delhi: India's first-ever auction for 5G spectrum entered the seventh day on Monday with players including Jio and Airtel being locked in an inten...
Swiggy adopts permanent work-from-anywhere policy
Bengaluru: On-demand delivery platform Swiggy on Friday announced a permanent work-from-anywhere for majority of its employees.The decision was arrive...
Tomorrow is the last date for filing Income Tax Return
New Delhi: The due date for income tax return (ITR) filing for the financial year 2021-22 or assessment year 2022-23 is July 31, 2022. If you have alr...
US GDP contracts for second successive quarter amid recession talk
US gross domestic product (GDP) shrank at an annual rate of 0.9% in the second quarter of 2022, according to Commerce Department estimates. It is the ...
Sensex crosses 57k in early trade
Mumbai: Benchmark indices continued to rally for the third day running on Friday with the Sensex climbing 619 points in early trade to reclaim the 57,...
Rupee gains 30 paise against US dollar
Mumbai: The rupee appreciated 30 paise to 79.39 against the US dollar in opening trade on Friday, buoyed by fresh foreign fund inflows into capital ma...
Dr Reddy's Laboratories Q1 net profit jumps 108 per cent
Hyderabad: Pharma major Dr Reddy’s Laboratories (DRL) reported a profit after tax of Rs 1,188 crore for the June quarter. This is an increase of Rs 10...
US GDP contracts for second successive quarter amid recession talk
US gross domestic product (GDP) shrank at an annual rate of 0.9% in the second quarter of 2022, according to Commerce Department estimates. It is the ...
Department of Posts offers exclusive waterproof envelopes for Raksha Bandhan
Department of Posts has come out with exclusive Rakhi Envelopes, on the occasion of Raksha Bandhan. The envelopes have a unique texture and are comple...
India's Q2 gold demand rises 43 pc to 170.7 tonnes: WGC
Mumbai: India's gold demand went up by 43 per cent during April-June quarter, but going ahead factors like inflation, Rupee-USD rates and policy measu...
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