Business

Payment in Cryptocurrency may start soon on Amazon, the company is preparing this

The product lead will work closely with Amazon's various teams, including Amazon Web Services (AWS), to develop a roadmap for customer experience, technology strategy, and capabilities as well as launch strategy. Amazon does not yet accept cryptocurrencies as a form of payment.

Business

Sensex falls 587 points, HDFC Bank shares fall more than 3 percent

The 30-share BSE Sensex closed at 52,553.40, down 586.66 points, or 1.10 percent.

Business

7th Pay Commission: There may be a big decision on DA of central employees, cabinet meeting today

The Union Cabinet is going to meet today. According to sources, the ban on dearness allowance of central employees can be removed in this. Due to the Kovid-19 pandemic, the government had banned the DA of central employees and Dearness Relief (DR) of ex-employees.

Business

Ola Electric ties up with BoB to raise $100 million long term loan

The company said in a statement that the 10-year loan of US $ 100 million is for financing the first phase of Ola FutureFactory. The future factory is Ola's global manufacturing hub for electric two-wheelers.

Business

Vehicle retail sales increases in June: FADA

Vehicle retail sales increased to 12,17,151 units last month from 9,92,610 units sold during June 2020. On a sequential basis, the FADA had reported a total vehicle retail sales figure of 5,35,855 units for May 2021.

Business

BHEL bags contract worth Rs 1,405 crore from NPCIL

The steam generator will be manufactured at BHEL's Tiruchirappalli plant, the company said.

Business

Tesla delivered over 200,000 vehicles in the second quarter

Our teams have done an excellent job through the global supply chain and logistics challenges, the company said in a statement. Despite the many challenges, congratulations to the Tesla team for the more than 200,000 cars built and delivered in the second quarter.

Business

Indian gaming platform WinZO raises $65 million

NTPC recently doubled its renewable energy capacity addition target from 30,000 to 60,000 MW by 2032. It aims for a 50:50 thermal-renewable mix over the next decade. In the present endeavor, the company has about 1500 MW of renewable capacity and about 3,500 MW is under construction.

Business

Rs 103 crore July 1, FASTag toll data showing return traffic on highways

At the end of June, the amount collected by electronic means touched Rs 97 crore per day, and on July 1, Rs 103 crore. This is just short of the daily peak of Rs 107 crore in March, just before the second wave hit, the official data show.

Business

Auto demand in the market is less than PV tractors

The gradual lifting of lockdown restrictions across states on June 21, saw a good recovery in PVs and tractors.

Business

Santro to Alcazar: Hyundai Motor India launches 10 million cars

the small car Santro was the first model to be taken out of the plant about 25 years ago. It was the company's latest model 'Alcazar' which came off the assembly line as a magical 10 million car.

Business

After Dogecoin, Elon Musk's heart came on Baby Doge, the price almost doubled with a tweet

Musk used the lyrics of the song Baby Shark, which went viral last year. Let us tell you that Baby Shark is a video of a child's song on YouTube, which has been seen by most people so far. In the tweet, Musk wrote Baby Doge instead of Baby Shark.

Business

New pandemic package will increase fiscal deficit by 0.60 percent: Report

Finance Minister Nirmala Sitharaman on Monday announced an additional loan of Rs 1.5 lakh crore to small business sectors. At the same time, he made announcements like additional funds to the health sector, loans to tourism agencies and guides, and visa fee waivers.

Business

Market capitalization of six of the top 10 Sensex companies increased by Rs 1.11 lakh crore

TCS, HDFC Bank, Infosys, HDFC, ICICI Bank, and State Bank of India (SBI) gained market capitalization in the week under review. On the other hand, the market valuation of Reliance Industries, Hindustan Unilever Ltd., Bajaj Finance, and Kotak Mahindra Bank declined.

Business

Sensex fell 283 points, Nifty closed below 15700, know which stocks had a big fall!

Kotak Bank was the biggest loser with a decline of more than one percent in the Sensex shares. Apart from this, L&T, Tata Steel, HDFC, TCS, Reliance Industries, HCL Tech, and ICICI Bank were also among the losers. On the other hand, other stocks including Maruti, Titan, Bajaj Finserv, and Mahindra & Mahindra were among the gainers.

Business

Reliance's chatbot assistant will answer questions for 3 million shareholders

Reliance Industries is once again present with full details of the company's second online Annual General Meeting (AGM). The chatbot assistant is ready to answer questions from over 3 million Reliance shareholders.

Business

Government can take more measures to boost economy: KV Subramanian

However, at the same time, Subramaniam said that the demand for a new stimulus package will be considered in the context of various measures taken by Finance Minister Nirmala Sitharaman in the budget 2021-22.

Business

Sensex, Nifty hit a new record level due to strong buying in Reliance shares

Traders said that the positive trend in global markets and reduction in new cases of Kovid-19 also strengthened the market sentiment. The 30-share Sensex of BSE closed at 52,551.53 points, up 76.77 points or 0.15 per cent. This is its new high. Sensex closed with gains for the third consecutive day.

Business

Paytm introduces vaccine slot booking facility on the app

The company said in a statement, “Paytm users can now also search and book slots for vaccines at their nearest centers through the Paytm app. With this service, Indians can easily book slots for getting vaccinated and immunity. This will help in fighting against the current pandemic.

Business

The local oilseeds market also declined amidst demand breakdown

Market sources say that from June 8, a legal ban has been imposed on mixing any ordinary oil with mustard oil. Soybean degum and rice bran oil are mostly used for adulteration in mustard.

Business

Tax rate cut on Covid-19 drugs, equipment, five percent tax on vaccines

The Council has decided to abolish the tax on tocilizumab and amphotericin. At present they were taxed at five percent.

Business

Economic growth is expected to be 8.5 percent in the current financial year: ICRA

“The impact of the second wave of the Kovid-19 epidemic and the lockdown in different states for its prevention was seen in various indicators with high frequency during April-May 2021. No new cases have come down and restrictions are being relaxed.

Business

Uber to hire 250 engineers in India

Uber said in a statement that these appointments will strengthen the company's cab services, delivery, digital payments, risk and compliance, customer service, data, security, and fintech teams.

Business

Central Bank of India's fourth quarter loss reduced, know how much

During the fourth quarter of the last financial year, the bank's earnings on a standalone basis stood at Rs 5,779.84 crore as against Rs 6,723.73 crore in the corresponding quarter last year

Business

Behind RBI's decision to keep repo rate unchanged

The policy panel of the RBI said the second wave of Covid-19 has altered the near-term outlook, necessitating urgent policy interventions, active monitoring and further timely measures to prevent the emergence of supply chain bottlenecks and build-up of retail margins.

Business

Biggest shock to the economy in four decades, GDP decreased by 7.3% in 2020-21

The country's economy was expected to decline in FY 2020-21. This is because the Corona epidemic had a huge impact on the economy last year. The country's GDP growth was 4% in FY 2019-20.

Business

Petrol Hits Rs 100.47/Litre in Mumbai, Touches Rs 94.23 in Delhi

In Delhi, the petrol prices touched a whopping Rs 94.23 a litre, while diesel is being sold at Rs 85.15 per litre. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges.

Business

Reliance Industries shares rose 6% today, know how much you can earn by investing now

The reason for the rise in the shares of Reliance Industries is a report by brokerage firm Jefferies. This report said that EBIDTA of Reliance's petrochemical business could grow up to 50 percent. The brokerage firm has stated that the company's petrochemical business has performed very well.

Business

PNB Scam: Fugitive diamond trader Mehul Choksi missing!

The Royal Police Force of the Caribbean island nation has given this information in a statement. It is noteworthy that Choksi is wanted in a case of alleged fraud of Rs 13,500 crore with Punjab National Bank (PNB)

Business

Gold Price Today: 10 May 2021, Check Gold Rates in Your City

Spot gold was up 0.1 percent at USD 1,832.26 per ounce, after hitting its highest since February 11 at USD 1,842.91 in the previous session. The US gold futures were up 0.1 percent at USD 1,832.60 per ounce

Business

Petrol Price in Mumbai Nears Rs 98, Crosses ₹ 100-Mark in States

Petrol price has been increased by 26 paise per litre on Monday

Business

Gold Price Today, 08 May 2021: Check Latest Price of 22k & 24k Gold in Your City

Gold Price Today: In cities like Mumbai, Kolkata, and Chennai, the precious metal was trading at Rs 44,810, Rs 46,860, and Rs 45,920 respectively for 10 grams of 22-carat gold.

Business

Elon Musk's SpaceX Starship Finally Nails Touch Down in Fifth Test, Elon Musk Says ‘Landing Nominal’

Starship landing nominal!” tweeted founder Elon Musk, expressing the milestone achievement for the company that wishes to carry crew inside the Starship rocket for missions on Mars.

Business

5 May 2021, Gold Price Today: Check Latest Price of Gold in Delhi, Bangalore, Pune And Other Cities

In cities like Mumbai, Kolkata, and Chennai, the precious metal was trading at Rs 44,580, Rs 46,530, and Rs 44,530 respectively for 10 grams of 22-carat gold.

Business

Gold Price Today May 4: Check Gold Rate in Mumbai, Delhi, Bangalore, Other Cities in India

Gold rate today in Mumbai is Rs 44,360 for 22-carat, and Rs 45,360 for 24-carat. Gold price in Delhi is Rs 45,570 for 22-carat, and Rs 49,770 for 24-carat.

Business

Gold Price Today May 3

Gold price today in Mumbai is Rs 44,160 for 22-carat and Rs 45,160 for 24-carat. Gold rate today in Pune is Rs 44,160 for 22-carat and Rs 45,160 for 24-carat.

Business

Gold Price Rises Today: Check Gold Rates In Delhi, Mumbai, Pune, Nagpur, Other Cities In India

The hike in gold rate on Thursday comes a day after a decrease in gold price brought cheers to buyers. Apart from the solitary occasion, gold price has not gone down in the month of April

Business

Check Stock Market Holiday List 2021: BSE Sensex, NSE Nifty To Remain Close For 3 Days in April

Share Market remained close on April 2, and April 14 on account of Good Friday and Dr. Baba Saheb Ambedkar Jayanti receptively.

Business

Sensex crashed over 1480 points: why, Explained

Even the rupee fell 26 paise or 0.36 percent to trade at 74.98 against the US dollar on Monday.

Business

Swiggy close to raising Rs 5,862 cr at $5 bn valuation

The fresh fundraising comes at a time when Zomato is planning for a $750 million-$1 billion IPO later this year.

Business

Initiative to promote a competitive, efficient, and environmentally friendly steel industry

The steel industry is one of the most essential pillars of industrial development in India. The dynamic domestic steel industry provides inputs across major sectors including construction, infrastructure, defence, rail, automotive, capital goods, etc.

Business

Gold Price Today: 22-Carat, 24-Carat Gold Rates Increase by Rs 1,200; Check Revised Rates in Your Cities, States

Gold Price Rate Today: 22 Carat Gold Price Rate per 10 gram in Chennai is Rs 42,370, in Mumbai is Rs 43,960, in Delhi is Rs 44,150, in Kolkata is Rs 44,270, in Bangalore is Rs 42,010, in Hyderabad is Rs 42,010.

Business

Stock market, BSE SENSEX, NIFTY: Today's top shares announcing the policy of the US Federal Reserve

Share Market on Thursday would look to open in green after going down for the fourth consecutive days. A lot will depend on the US Federal Reserve which has announced its policy providing an outlook of the American economy during the Covid pandemic situation.

Business

Mercedes-Benz India launches new E-Class

The company launched the E-Class in three variants 'E 200', 'E 220 d' and 'E 350 d'.

Business

Profit booking dents equities, banking stocks fall

Globally, Asian shares traded largely in the green as bond yields eased and optimism grew over US stimulus.

Business

Cryptocurrency sets new record Passes USD 60,000 For First Time

Notably, since March last year, Bitcoin has been on a meteoric rise, when it stood at USD 5,000, spurred by online payments giant PayPal saying it would allow account holders to use cryptocurrency.

Business

biggest daily rise in a year for tesla: Tesla surges almost 20%

Shares of electric vehicle maker Tesla Inc surged nearly 20% on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and an analyst raised his rating on the stock.

Business

Gold price Today, 9 March 2021 Check Revised Rates in Chennai, Bengaluru, Noida, Delhi, Mumbai

Gold continued its northward trend on Tuesday with prices witnessing a marginal hike for the third straight day. The price of 10 gm of 22-carat gold rose by Rs 160 to Rs 43,680 from Rs 43, 520 yesterday, according to the Good Returns website.

Business

Gold Price Today 2021: Check Price in Delhi, Mumbai, Bangalore And Other Cities

Gold price in India on Thursday fell further by more than Rs 50 as 10 grams of 24-carat gold cost Rs 45,370 today, according to Good Returns website. On MCX, gold futures dropped 0.4 per cent to Rs 44,768 per 10 grams, reaching a new 10-month low. Yesterday, gold prices witnessed a massive dip of Rs 500 across states. Meanwhile, silver slipped 1.6 per cent or Rs 1,150 per kg.

Business

Report: Rival telcos'' deft moves in spectrum auction may compound Voda Idea''s woes

The positioning of Vodafone Idea - which picked up modest 11.80 MHz spectrum - could potentially "worsen" as rival telcos will be able to boost their coverage and capacity after buying additional radiowaves in the just-concluded auctions, according to a report.