Sunday, July 31, 2022

Bitcoin Rises 3.4%; Up 39.7% From Year Low In June

Bitcoin rose 3.36% to $24,584.24 on Saturday, adding $798.93 to its previous close.

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Bitcoin Rises 3.4%; Up 39.7% From Year Low In June

Bitcoin rose 3.36% to $24,584.24 on Saturday, adding $798.93 to its previous close.

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Sensex Rises Over 200 Points, Nifty Trades Above 17,200

Indian equity benchmarks on Monday traded higher in opening deals, extending their gains for the fourth consecutive session.

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Sensex Rises Over 200 Points, Nifty Trades Above 17,200

Indian equity benchmarks on Monday traded higher in opening deals, extending their gains for the fourth consecutive session.

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Saturday, July 30, 2022

5G Auction To Continue For Few More Days, Nearly Rs 1.5 Lakh Crore Bid

The auction of the 5G spectrum capable of offering ultra-high-speed internet garnered bids totalling about Rs 1.5 lakh crore on the fifth day of sale on Saturday and the process is likely to continue...

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Over 5 Crore Income Tax Return Filed So Far As Deadline Ends Today

More than 5 crore income tax returns have been filed until late Saturday evening, the department said, a day before the ITR filing time for the financial year 2021-22 ends.

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5G Auction To Continue For Few More Days, Nearly Rs 1.5 Lakh Crore Bid

The auction of the 5G spectrum capable of offering ultra-high-speed internet garnered bids totalling about Rs 1.5 lakh crore on the fifth day of sale on Saturday and the process is likely to continue...

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Over 5 Crore Income Tax Return Filed So Far As Deadline Ends Today

More than 5 crore income tax returns have been filed until late Saturday evening, the department said, a day before the ITR filing time for the financial year 2021-22 ends.

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Today Is Last Day For Filing Income Tax Return. What Happens If You Miss

It's fine if you have already submitted the return or can do so before the deadline. But what happens if you don't submit the ITR by the deadline of July 31?

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Today Is Last Day For Filing Income Tax Return. What Happens If You Miss

It's fine if you have already submitted the return or can do so before the deadline. But what happens if you don't submit the ITR by the deadline of July 31?

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India's Core Sector Output Grows 12.7% in June From a Year Ago

Eight core industries, which include coal, cement, electricity, refinery products, fertilizers, steel, and natural gas, recorded a growth of 12.7 per cent in June against 9.4 per cent in the same...

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India's Core Sector Output Grows 12.7% in June From a Year Ago

Eight core industries, which include coal, cement, electricity, refinery products, fertilizers, steel, and natural gas, recorded a growth of 12.7 per cent in June against 9.4 per cent in the same...

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Friday, July 29, 2022

Forex Reserves Dip For 4th Straight Week, But That Trend May Reverse

India's forex reserves fell by over $1 billion in the latest reported week, down for the fourth straight week on the rupee's plunge to its all-time lows

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Forex Reserves Dip For 4th Straight Week, But That Trend May Reverse

India's forex reserves fell by over $1 billion in the latest reported week, down for the fourth straight week on the rupee's plunge to its all-time lows

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5G Auction: 71% Of Spectrum Worth Nearly Rs 1.5 Lakh Crore Bid In 4 Days

5G spectrum auction drew bids totalling Rs 1,49,855 crore after four days, and over 70 per cent of the spectrum on the block was sold as telecom giants clamoured for airwave rights needed for...

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5G Auction: 71% Of Spectrum Worth Nearly Rs 1.5 Lakh Crore Bid In 4 Days

5G spectrum auction drew bids totalling Rs 1,49,855 crore after four days, and over 70 per cent of the spectrum on the block was sold as telecom giants clamoured for airwave rights needed for...

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Adani Capital Plans IPO At $2 Billion Valuation As Soon As 2024

A non-bank lender backed by Gautam Adani, Asias richest person, is planning to raise at least Rs 1,500 crore ($188 million) in an initial public offering in Mumbai that could take place as early as...

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Rupee At Highest In Nearly 3 Weeks, Tracks Broad Dollar Losses

The Indian rupee strengthened to its highest in nearly three weeks on Friday, tracking broad losses in the dollar on easing concerns over the need for continued aggressive interest rate hikes by the...

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This Crypto Platform Is Latest To File For Bankruptcy Protection

The Southeast Asia-focused cryptocurrency exchange said it had filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies.

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Rupee At Highest In Nearly 3 Weeks, Tracks Broad Dollar Losses

The Indian rupee strengthened to its highest in nearly three weeks on Friday, tracking broad losses in the dollar on easing concerns over the need for continued aggressive interest rate hikes by the...

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Thursday, July 28, 2022

Sensex Surges Over 450 Points On Positive Global Cues, Nifty Above 17,050

Indian equity indices on Friday traded higher in opening deals, extending their gains for the third straight session, tracking global markets.

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Sensex Surges Over 450 Points On Positive Global Cues, Nifty Above 17,050

Indian equity indices on Friday traded higher in opening deals, extending their gains for the third straight session, tracking global markets.

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Tata Steel Pacts With Start-Up For Drone-Based Mining Solutions

Domestic giant Tata Steel on Wednesday said it has inked a pact with a Bengaluru-based startup for drone-based mining solutions for effective mine management.

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Rupee Rises 14 Paise To 79.77 Against US Dollar

The rupee appreciated 14 paise to 79.77 against the US dollar in early trade on Thursday tracking the overnight weakness of the American currency.

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Sensex Surges Over 500 Points On Positive Global Cues, Nifty Above 16,750

Indian equity benchmarks on Thursday traded higher in opening deals, taking cues from their Asian peers.

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Wednesday, July 27, 2022

Facebook Owner Meta Posts First-Ever Drop In Revenue

Meta Platforms Inc issued a gloomy forecast after recording its first ever quarterly drop in revenue on Wednesday, with recession fears and competitive pressures weighing on its digital ads sales.

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Sensex Surges Over 500 Points On Positive Global Cues, Nifty Above 16,750

Indian equity benchmarks on Thursday traded higher in opening deals, taking cues from their Asian peers.

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Fed Attacks US Inflation With Another 75 Basis Points Rate Hike

The US Federal Reserve on Wednesday again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures that are squeezing...

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Fed Attacks US Inflation With Another 75 Basis Points Rate Hike

The US Federal Reserve on Wednesday again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures that are squeezing...

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Tuesday, July 26, 2022

4 Days Left: Penalty And Loss Of Benefits If You Miss Tax Return Deadline

The countdown for the last date for filing Income Tax Return (ITR) is July 31, just four days away.

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Ukraine Says, Can Save Nearly $5.5 Billion By Postponing Debt Repayments

Ukraine can save 200 billion hryvnias ($5.45 billion) for priority needs by deferring its external debt repayments, Prime Minister Denys Shmyhal said on Tuesday.

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After LIC, Government Eyes Export Credit Agency's IPO By March 2023

Export Credit Agency, ECGC Ltd's Chairman-and-Managing Director (CMD) M Senthilnathan on Tuesday said the listing of the export credit agency on the stock exchange is likely to happen in the last...

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After LIC, Government Eyes Export Credit Agency's IPO By March 2023

Export Credit Agency, ECGC Ltd's Chairman-and-Managing Director (CMD) M Senthilnathan on Tuesday said the listing of the export credit agency on the stock exchange is likely to happen in the last...

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Coinbase Faces US Market Regulator Probe Over Crypto Listings: Report

The U.S. Securities and Exchange Commission is investigating whether Coinbase Global Inc improperly permitted Americans to trade digital assets that should have been registered as securities,...

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Monday, July 25, 2022

Coinbase Faces US Market Regulator Probe Over Crypto Listings: Report

The U.S. Securities and Exchange Commission is investigating whether Coinbase Global Inc improperly permitted Americans to trade digital assets that should have been registered as securities,...

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5G Auctions Begin Today: Your 5-Point Guide

The central government will, on Tuesday, start the biggest spectrum auction of airwaves capable of offering fifth-generation or 5G telecom for ultra-high-speed internet, which will pave the way for 10...

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5G Auctions Begin Today: Your 5-Point Guide

The central government will, on Tuesday, start the biggest spectrum auction of airwaves capable of offering fifth-generation or 5G telecom for ultra-high-speed internet, which will pave the way for 10...

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Income Tax Return: What If You Miss The Deadline?

The government has said that it is not going to extend the deadline to file income tax return beyond July 31.

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Income Tax Return: What If You Miss The Deadline?

The government has said that it is not going to extend the deadline to file income tax return beyond July 31.

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Sunday, July 24, 2022

China Vows Privacy, Information Protection In Using Digital Yuan

China will fully respect privacy and protect personal information in using the digital yuan, state media quoted a senior central bank official as saying on Sunday, as Beijing encourages greater...

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Asian Stocks Slip On Growth Risks And Demand For Safe-Havens

Asian stocks lost ground on Monday, retreating from over three-week highs as worries about a global economic downturn sapped investors' risk appetite.

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Asian Stocks Slip On Growth Risks And Demand For Safe-Havens

Asian stocks lost ground on Monday, retreating from over three-week highs as worries about a global economic downturn sapped investors' risk appetite.

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Dollar On A Firm Footing On Growth Risks, Ahead Of Fed Meeting

The dollar was on a firm footing on Monday, as traders brace for a sharp US interest rate hike this week and look for safety as data points to a weakening global economy.

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Dollar On A Firm Footing On Growth Risks, Ahead Of Fed Meeting

The dollar was on a firm footing on Monday, as traders brace for a sharp US interest rate hike this week and look for safety as data points to a weakening global economy.

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Policybazaar Says Its IT System Hacked; Authorities Informed

PB Fintech, the parent company of Policybazaar Insurance Brokers Private Ltd, on Sunday said that the IT system of the firm was hacked on July 19 and subsequent corrective action was taken.

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Policybazaar Says Its IT System Hacked; Authorities Informed

PB Fintech, the parent company of Policybazaar Insurance Brokers Private Ltd, on Sunday said that the IT system of the firm was hacked on July 19 and subsequent corrective action was taken.

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Saturday, July 23, 2022

Significant Changes In Income Tax Rules And Cash Deposit. Details Here

These significant changes in the income tax rules came into effect on July 1 this year

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European Union Seeks To Replace Russian Gas With Nigerian Supplies

The European Union is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts.

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This Crypto White Knight Throws A Lifeline For Bankrupt Voyager Customers

Bankman-Fried has become crypto's white knight in recent weeks, throwing lifelines to digital asset platforms that have stumbled in the crypto winter.

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Global Stocks Fall After Touching Six-Week High On Weak US Data

A gauge of global stocks fell on Friday to end the trading week on a down note after five straight sessions of gains.

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Global Stocks Fall After Touching Six-Week High On Weak US Data

A gauge of global stocks fell on Friday to end the trading week on a down note after five straight sessions of gains.

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Global Equity Funds Record Biggest Weekly Outflow In Five Weeks

Global equity funds recorded their biggest weekly outflow in five weeks in the week to July 20

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Global Equity Funds Record Biggest Weekly Outflow In Five Weeks

Global equity funds recorded their biggest weekly outflow in five weeks in the week to July 20

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Friday, July 22, 2022

Forex Reserves Dive By $7.5 Billion As RBI Uses War Chest To Help Rupee

India's forex reserves fell by $7.5 billion as the Reserve Bank of India is using its war chest to limit the sharp decline and 'jerky movements' in the rupee.

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Reliance Industries Profit Surges Over 46%, Powered By Oil Business

Reliance Industries Ltd on Friday reported a 46.3 per cent jump in June-quarter profit, as robust refining margins due to intake of cheaper Russian crude and fuel exports buoyed its dominant...

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Bitcoin Recovers After Sell-Off On News Tesla Sold 75% Of Its holdings

Bitcoin rebounded after a brief sell-off late on Wednesday sparked by news that electric carmaker Tesla Inc had sold about 75 per cent of its holdings of the virtual token.

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Elon Musk's SpaceX Breaks Rocket Launch Record With Starlink Mission

Elon Musk's SpaceX on Friday broke its record for the number of rockets launched in a calendar year, topping last year's slate of 31 missions amid a whirlwind campaign to launch its own internet...

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Google Fires Software Engineer Who Claimed Its AI Chatbot Is Sentimental

Alphabet Inc's Google said on Friday it has dismissed a senior software engineer who claimed the company's artificial intelligence (AI) chatbot LaMDA was a self-aware person.

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Forex Reserves Dive By $7.5 Billion As RBI Uses War Chest To Help Rupee

India's forex reserves fell by $7.5 billion as the Reserve Bank of India is using its war chest to limit the sharp decline and 'jerky movements' in the rupee.

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Banks to Remain Closed For 13 Days in August. Check Full List

Online banking services will be available during the holidays

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Banks to Remain Closed For 13 Days in August. Check Full List

Online banking services will be available during the holidays

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Why New Debit, Credit Card Rules? What Experts Say

New debit and credit card rules have been after receiving a range of representations from different industry bodies.

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Thursday, July 21, 2022

Oil Prices Tread Water After Sharp Declines On Demand Concerns

Oil prices were roughly unchanged in early trading on Friday after sliding around 3 per cent in the previous session

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Oil Prices Tread Water After Sharp Declines On Demand Concerns

Oil prices were roughly unchanged in early trading on Friday after sliding around 3 per cent in the previous session

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Euro Set For Best Week Since May After Central Bank Hikes Big

The euro headed for its best week since May on Friday after the European Central Bank (ECB) raised borrowing costs more than expected overnight in its first rate hike since 2011.

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Euro Set For Best Week Since May After Central Bank Hikes Big

The euro headed for its best week since May on Friday after the European Central Bank (ECB) raised borrowing costs more than expected overnight in its first rate hike since 2011.

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Wednesday, July 20, 2022

Oil Prices Fell For Second Straight Session On Demand Concerns

Oil prices fell on Thursday for a second straight session, as demand concerns outweighed tight global supply after US government data showed tepid gasoline demand during the peak summer driving...

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Burdened By Excess TDS Deduction? Here's How You Can Claim A Refund

Here's how to claim your excess TDS deductions refund

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Burdened By Excess TDS Deduction? Here's How You Can Claim A Refund

Here's how to claim your excess TDS deductions refund

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Asian Central Banks Forced To Play Catch-Up In Global Rush To Hike Rates

Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle rising inflation and defend weakening currencies.

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Asian Central Banks Forced To Play Catch-Up In Global Rush To Hike Rates

Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle rising inflation and defend weakening currencies.

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Tuesday, July 19, 2022

Crude Oil Prices Fell Slightly On Global Inflation Concerns

Oil prices fell slightly in early Asian trade on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in U.S. crude inventories as product demand weakens.

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Crude Oil Prices Fell Slightly On Global Inflation Concerns

Oil prices fell slightly in early Asian trade on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in U.S. crude inventories as product demand weakens.

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Netflix Loses Nearly 1 Million Subscribers, Averts Worst-Case Projections

Netflix Inc said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company

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Netflix Loses Nearly 1 Million Subscribers, Averts Worst-Case Projections

Netflix Inc said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company

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Monday, July 18, 2022

Oil Prices Fall, Taking A Breather A Day After Surging Over $5 A Barrel

Oil prices fell on Tuesday, taking a breather after surging more than $5 a barrel in the previous session as a plunging dollar supported buying interest and on expectations the U.S. Federal Reserve's...

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How China Became Ground Zero For The Auto Chip Shortage Crunch

Globally, new orders are backed up by an average of about a year, according to a Reuters survey of 100 automotive chips produced by the five leading manufacturers.

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Oil Prices Fall, Taking A Breather A Day After Surging Over $5 A Barrel

Oil prices fell on Tuesday, taking a breather after surging more than $5 a barrel in the previous session as a plunging dollar supported buying interest and on expectations the U.S. Federal Reserve's...

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Twitter Claims Elon Musk 'Slow-Walking' Its Suit, Urges September Trial

Twitter Inc on Monday accused Elon Musk of trying to "slow walk" the company's lawsuit to hold him to his $44 billion takeover and urged a September trial to ensure deal financing remains in place,...

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How China Became Ground Zero For The Auto Chip Shortage Crunch

Globally, new orders are backed up by an average of about a year, according to a Reuters survey of 100 automotive chips produced by the five leading manufacturers.

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Twitter Claims Elon Musk 'Slow-Walking' Its Suit, Urges September Trial

Twitter Inc on Monday accused Elon Musk of trying to "slow walk" the company's lawsuit to hold him to his $44 billion takeover and urged a September trial to ensure deal financing remains in place,...

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Sunday, July 17, 2022

Dollar Lurks Below Multi-Year Highs As Euro Gasps For Gas

The dollar began the week nudging down from multi-year highs, with a hotter-than-forecast inflation reading in New Zealand lending modest support to the kiwi, although fears about Europe's gas supply...

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Dollar Lurks Below Multi-Year Highs As Euro Gasps For Gas

The dollar began the week nudging down from multi-year highs, with a hotter-than-forecast inflation reading in New Zealand lending modest support to the kiwi, although fears about Europe's gas supply...

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Oil In See-Saw Mode, Drops Below $100 A Barrel On Demand Concerns

Oil prices fell $1 in early trading in Asia to below $100 a barrel on Monday, cutting into gains from Friday, as attention turned back to rising COVID-19 cases in China and the prospect of lockdowns...

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Oil In See-Saw Mode, Drops Below $100 A Barrel On Demand Concerns

Oil prices fell $1 in early trading in Asia to below $100 a barrel on Monday, cutting into gains from Friday, as attention turned back to rising COVID-19 cases in China and the prospect of lockdowns...

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Saturday, July 16, 2022

Pay GST On These Items From Monday; As New Tax Rates Kick In

Customers will have to pay 5 per cent GST on pre-packed, labelled food items like atta, paneer and curd, besides hospital rooms with rent above Rs 5,000 from Monday with the GST Council's decision...

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These Crypto Firms Have Run Into Hardships And Trouble After Meltdown

Crypto firms, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a global risk-off sentiment.

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These Crypto Firms Have Run Into Hardships And Trouble After Meltdown

Crypto firms, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a global risk-off sentiment.

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India Set On Course To Become World's Fastest-Growing Economy, Says RBI

In a global landscape marred by fears of recession and war, the Indian economy shows resilience, said the RBI.

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India Set On Course To Become World's Fastest-Growing Economy, Says RBI

In a global landscape marred by fears of recession and war, the Indian economy shows resilience, said the RBI.

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Friday, July 15, 2022

After Sri Lanka, A Dozen Other Countries In The Danger Zone Of Crisis

Sri Lanka, Lebanon, Russia, Suriname and Zambia are already in default, Belarus is on the brink and at least another dozen are in the danger zone as rising borrowing costs, inflation and debt all...

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Startups' Funding Drops By 17% to $6 Billion In Q1: Nasscom

Funding in startups dropped by 17 per cent on quarter-on-quarter basis to $6 billion (about Rs 47,800 crore) in the April-June period, industry body Nasscom has said.

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Jet Fuel Price Cut By 2.2% On Fall In International Crude; Rates Off Peak

Jet fuel (ATF) prices on Saturday were reduced by 2.2 per cent, reflecting a fall in international oil prices.

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Tax Exemptions On PF (Provident Fund) Change. Read 10 Points

Under Budget 2021, the government has decided to reduce the tax benefits in a move to target high-income earners who benefit from the scheme.

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Rupee Weakens For 11th Straight Week As Investors Dump Risky Assets

The Indian rupee hit a record low on Friday and weakened for a 11th straight week as foreign investors continued to dump riskier assets amid rising concerns around a global recession with investors...

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Startups' Funding Drops By 17% to $6 Billion In Q1: Nasscom

Funding in startups dropped by 17 per cent on quarter-on-quarter basis to $6 billion (about Rs 47,800 crore) in the April-June period, industry body Nasscom has said.

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Jet Fuel Price Cut By 2.2% On Fall In International Crude; Rates Off Peak

Jet fuel (ATF) prices on Saturday were reduced by 2.2 per cent, reflecting a fall in international oil prices.

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Tax Exemptions On PF (Provident Fund) Change. Read 10 Points

Under Budget 2021, the government has decided to reduce the tax benefits in a move to target high-income earners who benefit from the scheme.

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Rupee Weakens For 11th Straight Week As Investors Dump Risky Assets

The Indian rupee hit a record low on Friday and weakened for a 11th straight week as foreign investors continued to dump riskier assets amid rising concerns around a global recession with investors...

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Thursday, July 14, 2022

Rupee Rebounds From All-Time Low, Trades At 79.92 In Early Trade

The rupee appreciated 7 paise to 79.92 against the US dollar in early trade on Friday as a firm trend in domestic equities and fresh foreign fund inflows strengthened investor sentiment.

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Amazon Reducing Its Private-Label Items Amid Weak Sales: Report

Amazon.com Inc has started reducing the number of items it sells under its own brands amid weak sales, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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Sensex Rises Over 300 Points, Nifty Trades Above 16,000; IT Stocks Climb

Indian equity benchmarks on Friday traded higher in opening deals, led by gains in technology and consumer goods stocks.

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Sensex Rises Over 300 Points, Nifty Trades Above 16,000; IT Stocks Climb

Indian equity benchmarks on Friday traded higher in opening deals, led by gains in technology and consumer goods stocks.

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SBI Hikes Lending Rates By 10 Basis Points With Effect From Today

The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent effective from July 15, 2022.

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SBI Hikes Lending Rates By 10 Basis Points With Effect From Today

The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent effective from July 15, 2022.

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Wednesday, July 13, 2022

Income Tax Notice For These High-Value Transactions: All You Need To Know

Certain cash transactions beyond the specified limit should be reported to the tax authorities

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Income Tax Notice For These High-Value Transactions: All You Need To Know

Certain cash transactions beyond the specified limit should be reported to the tax authorities

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Tuesday, July 12, 2022

Sensex, Nifty Gain, Snapping Two-Day Losing Streak On Oil Below $100

Indian benchmark stock indexes gained early on Wednesday, snapping a two-session losing streak tracking a crash in oil prices to below $100 a barrel, attracting investors hunting for returns ahead of...

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Sensex, Nifty Gain, Snapping Two-Day Losing Streak On Oil Below $100

Indian benchmark stock indexes gained early on Wednesday, snapping a two-session losing streak tracking a crash in oil prices to below $100 a barrel, attracting investors hunting for returns ahead of...

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Oil Prices Below $100 Per Barrel, A Day After Crashing 7% On Demand Fears

Oil prices fell below $100 per barrel in early Asian trading on Wednesday as US inventory data showed buildups in crude oil and refined products amid rising fears of a global economic slowdown.

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Oil Prices Below $100 Per Barrel, A Day After Crashing 7% On Demand Fears

Oil prices fell below $100 per barrel in early Asian trading on Wednesday as US inventory data showed buildups in crude oil and refined products amid rising fears of a global economic slowdown.

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Twitter sues Elon Musk to hold him to $44 billion merger

Twitter Inc sued Elon Musk on Tuesday for violating the $44 billion deal to buy the social media platform.

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Twitter sues Elon Musk to hold him to $44 billion merger

Twitter Inc sued Elon Musk on Tuesday for violating the $44 billion deal to buy the social media platform.

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Monday, July 11, 2022

Elon Musk's Tesla Stock Sale Windfall Dwarfs Twitter Deal Loss

Elon Musk's attempt to scrap his purchase of Twitter Inc may leave the world's wealthiest person in a stronger financial position than before he unveiled the $44 billion deal, with billions of dollars...

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Sunday, July 10, 2022

TCS Shares Fall 4.6% And Hit A Three-Week Low After Q1 Profit Miss

Shares of Tata Consultancy Services Ltd dropped as much as much 4.6% to a three-week low on Monday, after the Indian IT major missed estimates for quarterly profit on rising employee-related expenses.

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Rupee Slips To 79.33 Against US Dollar In Early Trade

The rupee depreciated 7 paise to 79.33 against the US dollar in early trade on Monday as a muted trend in domestic equities and risk-averse sentiments weighed on the local unit.

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Rupee Weakens To A New Record Low Of Near 79.40 Per Dollar

The rupee started the week on the back foot, weakening to a new intra-day record low of near 79.40 per dollar as investor concerns about a global recession and mixed sentiment in the crude markets...

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Rupee Slips To 79.33 Against US Dollar In Early Trade

The rupee depreciated 7 paise to 79.33 against the US dollar in early trade on Monday as a muted trend in domestic equities and risk-averse sentiments weighed on the local unit.

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Rupee Weakens To 79.33 Per Dollar On Inflation, Energy Jitters

The rupee started the week on the back foot, weakening to 79.33 per dollar as investor concerns about a global recession and mixed sentiment in the crude markets offered support to the safe haven...

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Sensex And Nifty Start Weak, Stalling A Three-Day Winning Streak

Stock Market India: Sensex and Nifty start Monday on a weak note, after a three-day winning streak, ahead of key inflation data.

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Sensex And Nifty Start Weak, Stalling A Three-Day Winning Streak

Stock Market India: Sensex and Nifty start Monday on a weak note, after a three-day winning streak, ahead of key inflation data.

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Adani Not Interested In Telecom Services, Only 5G Spectrum Auction Race

Adani Group announced they were entering the 5G spectrum auction race to provide a private network for airports and its ports business but were not interested in telecom services.

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Plan To Disburse Pension To Over 73 Lakh In One Go: Retirement Fund Body

Retirement fund body EPFO (Employee Provident Fund Organisation) will consider and approve a proposal for setting up a central pension disbursal system in its meeting on July 29 and 30, paving the way...

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Plan To Disburse Pension To Over 73 Lakh In One Go: Retirement Fund Body

Retirement fund body EPFO (Employee Provident Fund Organisation) will consider and approve a proposal for setting up a central pension disbursal system in its meeting on July 29 and 30, paving the way...

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Saturday, July 9, 2022

Rupee Just A Hop, Skip And Jump Away From 80 A Dollar; Dramatic Collapse

The rupee is just a hop, skip and jump away from 80 per dollar, underscoring a dramatic collapse this year in a journey which includes a breach of several key psychological levels, something none...

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Rupee Just A Hop, Skip And Jump Away From 80 A Dollar; Dramatic Collapse

The rupee is just a hop, skip and jump away from 80 per dollar, underscoring a dramatic collapse this year in a journey which includes a breach of several key psychological levels, something none...

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Delay In 'Full And Final Settlement Of Wages Within 2 Days' Rule Change

The full and final settlement of wages rule change has been delayed from the initial plan of implementing the new labour guidelines from July 1.

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Delay In 'Full And Final Settlement Of Wages Within 2 Days' Rule Change

The full and final settlement of wages rule change has been delayed from the initial plan of implementing the new labour guidelines from July 1.

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Mutual Funds Under Insider Trading Rules, Plans SEBI And Asks Public View

Capital market regulator the Securities and Exchange Board of India is considering bringing in mutual fund units under the purview of insider trading regulations.

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Friday, July 8, 2022

Adani Group To Challenge Jio, Airtel In 5G Spectrum's Hot Race: Report

Billionaire Gautam Adani's group is said to be planning a surprise entry into the race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani's Reliance Jio and telecom czar...

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Forex Reserves Fall By $5 Billion On Dollar's Supremacy And Rupee's Lows

India's foreign exchange reserves fell by $5 billion to its lowest in over a year as the dollar's allure returned broadly and the rupee hit a series of all-time low levels, including breaching several...

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Forex Reserves Fall By $5 Billion On Dollar's Supremacy And Rupee's Lows

India's foreign exchange reserves fell by $5 billion to its lowest in over a year as the dollar's allure returned broadly and the rupee hit a series of all-time low levels, including breaching several...

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Details Of Income Tax Slabs, Last Date For Filing Returns. Read

The individual taxpayers need to file ITR for FY 2021-2022 by July 31.

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Details Of Income Tax Slabs, Last Date For Filing Returns. Read

The individual taxpayers need to file ITR for FY 2021-2022 by July 31.

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Thursday, July 7, 2022

Gita Gopinath Is First Woman To Join IMF's 'Wall Of Former Chief Economists'

India-born Gita Gopinath became the first woman and second Indian to feature on the 'wall of former chief economists' of the International Monetary Fund (IMF).

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Gita Gopinath Is First Woman To Join IMF's 'Wall Of Former Chief Economists'

India-born Gita Gopinath became the first woman and second Indian to feature on the 'wall of former chief economists' of the International Monetary Fund (IMF).

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Sensex Rises Over 300 Points Amid Positive Global Cues, Nifty Tops 16,200

Indian equity benchmarks on Friday traded higher in opening deals, taking cues from the global markets.

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Sensex Rises Over 300 Points Amid Positive Global Cues, Nifty Tops 16,200

Indian equity benchmarks on Friday traded higher in opening deals, taking cues from the global markets.

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Sukanya Samriddhi Yojana: Here's What You Need To Know About The Scheme

Sukanya Samriddhi Yojana scheme is a small deposit scheme, which was launched by the Government as part of its "Beti Bachao Beti Padhao" campaign

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Sukanya Samriddhi Yojana: Here's What You Need To Know About The Scheme

Sukanya Samriddhi Yojana scheme is a small deposit scheme, which was launched by the Government as part of its "Beti Bachao Beti Padhao" campaign

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Wednesday, July 6, 2022

SpiceJet In Turbulent Phase As Stock Slumps Over 40% This Year

Indian airline company SpiceJet is going through a highly turbulent phase in recent times on account of several glitches and a non-adherence to mandated guidelines in regards to the training of some...

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"Can't Rule Out" Possible Global Recession: IMF Chief Kristalina Georgieva

The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had "darkened significantly" since April and she could not rule out a possible global recession...

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SpiceJet In Turbulent Phase As Stock Slumps Over 40% This Year

Indian airline company SpiceJet is going through a highly turbulent phase in recent times on account of several glitches and a non-adherence to mandated guidelines in regards to the training of some...

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Sensex, Nifty Rise On Falling Crude; Titan Jumps 7% On Strong Q1 Sales

Indian equity benchmarks on Thursday traded higher in opening deals, taking cues from their Asian peers.

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Sensex, Nifty Rise On Falling Crude; Titan Jumps 7% On Strong Q1 Sales

Indian equity benchmarks on Thursday traded higher in opening deals, taking cues from their Asian peers.

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Tuesday, July 5, 2022

Sensex Rises Over 250 Points, Nifty Above 15,850; Bank, Auto Stocks Climb

Indian equity benchmarks on Wednesday traded higher in opening deals, led by gains in bank, automobile and technology stocks.

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US States Shelve Plans To Accept Bitcoin Tax Payments Amid Crypto Crash

Two US states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else in the wake of the crash that has erased...

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Domestic Cooking Gas Cylinder To Cost Over Rs 1,050 After Latest Hike

Cost of domestic liquid petroleum gas cylinders weighing 14.2 kilogram will get dearer from Wednesday as their prices have been raised by Rs 50 per unit.

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Sensex Rises Over 250 Points, Nifty Above 15,850; Bank, Auto Stocks Climb

Indian equity benchmarks on Wednesday traded higher in opening deals, led by gains in bank, automobile and technology stocks.

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Oil Rebounds, Trades Above $100 After Tumbling On Recession Worries

Oil prices rose as much as nearly 3% on Wednesday before paring some gains as investors piled back into the market after a heavy rout in the previous session, with supply concerns returning to the...

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Oil Rebounds, Trades Above $100 After Tumbling On Recession Worries

Oil prices rose as much as nearly 3% on Wednesday before paring some gains as investors piled back into the market after a heavy rout in the previous session, with supply concerns returning to the...

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Monday, July 4, 2022

Rupee Slips To 79.04 Against US Dollar In Early Trade

The rupee depreciated 9 paise to 79.04 against the US dollar in opening trade on Tuesday, weighed down by persistent foreign funds outflows.

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Trading On India's Crypto Exchanges Decline Up To 87% As New Tax Kicks In

Warnings from Indian crypto exchanges that a controversial new transaction tax would erode trading are coming true, with volumes evaporating since the levy took effect.

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Adani Emerges As Lowest Bidder In Coal India's Maiden Coal Import Tender

Adani Enterprises has emerged as the lowest bidder in Coal India's tender for imports of the dry fuel with quoting over Rs 4,000 crore for supply of 2.416 million tonne, even though the miner is...

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Job-Seekers Beware, Refiner NRL's Fake Website Created, Says Firm

India's largest PSU refiner Numaligarh Refinery Ltd (NRL) said a fake website has been created in its name through which money is being collected from candidates in the name of providing "jobs" in the...

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HDFC Twins' Merger Deal Worth $40 Billion Gets The RBI's Nod

HDFC Bank on Monday said it has got banking sector regulator RBI's nod for the merger proposal of its parent HDFC Ltd with itself.

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Sensex Rises Over 250 Points Amid Positive Global Cues, Nifty Tops 15,900

Indian equity benchmarks on Tuesday traded higher in opening deals amid positive cues from the global markets.

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Sensex Rises Over 250 Points Amid Positive Global Cues, Nifty Tops 15,900

Indian equity benchmarks on Tuesday traded higher in opening deals amid positive cues from the global markets.

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Will The Next Recession Be Worse Than 'Great Financial Crisis'?

Recessions, like unhappy families, are each painful in their own way. And the next one -- which economists see as increasingly possible by the end of next year -- will probably bear that out. A US...

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Sunday, July 3, 2022

Will The Next Recession Be Worse Than 'Great Financial Crisis'?

Recessions, like unhappy families, are each painful in their own way. And the next one -- which economists see as increasingly possible by the end of next year -- will probably bear that out. A US...

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India Hit By Emerging Market Investor Exodus As Rupee Tumbles

Investors reeling from the brutal emerging markets selloff over the past six months again fled the rupee as India's currency hit new lows, prompting the government to curb gold imports and oil exports...

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India Hit By Emerging Market Investor Exodus As Rupee Tumbles

Investors reeling from the brutal emerging markets selloff over the past six months again fled the rupee as India's currency hit new lows, prompting the government to curb gold imports and oil exports...

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Sensex Slips Over 100 Points Amid Weak Global Cues, Nifty Tests 15,700

Indian equity benchmarks on Monday traded lower in opening deals, moving in tandem with their global peers.

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Sensex Slips Over 100 Points Amid Weak Global Cues, Nifty Tests 15,700

Indian equity benchmarks on Monday traded lower in opening deals, moving in tandem with their global peers.

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Windfall Tax On Oil Firms To Compensate Losses From Excise Cut On Fuel

The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and diesel...

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Benefits Of Senior Citizens Savings, PPF (Public Provident Fund). Read

PPF and post office savings schemes are among the most popular investment products for long-term investors

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South African Firm Charged With Record $1.7 Billion Bitcoin Fraud

The US commodities regulator announced on Thursday it had filed civil charges against a South African man and his company for operating a fraudulent commodity pool worth over $1.7 billion in bitcoin.

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Top Stablecoin Tether Cuts Unsecured Assets By About 60% On Crypto Crash

Tether, the world's largest stablecoin, said on Friday it had cut its commercial paper holdings by around 58 per cent as part of an earlier commitment to reduce its exposure to riskier assets.

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Banking Frauds Of Over Rs 100 Crore Declined Significantly In 2021-22

Frauds in the banking sector involving sums of over Rs 100 crore have declined significantly, with banks reporting cases worth Rs 41,000 crore in 2021-22 compared to Rs 1.05 lakh crore in the previous...

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Banking Frauds Of Over Rs 100 Crore Declined Significantly In 2021-22

Frauds in the banking sector involving sums of over Rs 100 crore have declined significantly, with banks reporting cases worth Rs 41,000 crore in 2021-22 compared to Rs 1.05 lakh crore in the previous...

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Saturday, July 2, 2022

Three Firms Of Debt-Ridden Future Group Default On Payments

Three listed entities of debt-ridden Future Group -- Future Enterprises, Future Consumer and Future Lifestyle Fashions -- on Friday reported defaulting on their payment obligation

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New Rule Change In Take-Home Salary, Working Hours Delayed. Read Details

The new labour laws have been passed through the parliament but are delayed as Indian states are yet to notify these regulations.

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New Rule Change In Take-Home Salary, Working Hours Delayed. Read Details

The new labour laws have been passed through the parliament but are delayed as Indian states are yet to notify these regulations.

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"Exciting" Part Of UK-India Trade Deal Is Financial Services: Rishi Sunak

The financial services sector holds out an "exciting" prospect of closer exchange between India and the UK with a free trade agreement (FTA) being negotiated between the two countries, according to...

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"Exciting" Part Of UK-India Trade Deal Is Financial Services: Rishi Sunak

The financial services sector holds out an "exciting" prospect of closer exchange between India and the UK with a free trade agreement (FTA) being negotiated between the two countries, according to...

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