Business

A Pune-based e-cycle startup: Clean, green and profitable

A Pune-based startup, Emotorad, is showing that e-cycles are good for health, the environment and the economy.

Business

Gold And Silver Prices: Remained Below ₹50,000

New Delhi: Gold and silver remained volatile throughout the week. While gold rates were dipped by Rs 342 to Rs 45,599 per 10 grams, silver fell in Indian markets by Rs 2,007 to 67,419 per kg in the capital city yesterday.

Business

The Nifty closed at 14,650 points, down 1,500 points in the stock market amid global weakness.

HDFC twins, comprising HDFC Bank and mortgage lender Housing Development Finance Corporation (HDFC) were the leading contributors to the fall in BSE benchmark. They were followed by ICICI Bank, Kotak Mahindra Bank, and oil-to-telecom giant Reliance Industries (RIL).

Business

Musk loses $15.2 billion in a day after issuing warning regarding Bitcoin surge

Elon Musk is no longer the world's richest person after Tesla Inc. shares slid 8.6% on Monday, wiping $15.2 billion from his net worth.

Business

Petrol prices to new record high levels for the past 12 days

On Sunday, price of the fuel in Delhi, Mumbai, Chennai and Kolkata was at Rs 90.58, Rs 97.00, Rs 92.59, Rs 91.7 per litre, respectively, unchanged from the previous levels.

Business

Sensex crosses 52,000 mark for first time ever

BSE Sensex crossed the 52,000-mark for the first time after jumping over 500 points. Strong corporate earnings, hopes of quicker economic recovery and strong global cues boosted domestic stock markets on Monday:

Business

Narendra Modi to launch new projects in Kochi on Sunday

Modi will arrive from Tamil Nadu in the afternoon and leave for Delhi around 6 p.m.

Business

Heavy fines have to be paid to legalize cryptocurrency investment

The central government may give investors a chance to get out of it before banning private cryptocurrency like bitcoin.

Business

Foreign exchange reserves slipped from record highs, down $ 6.24 billion to $ 583.945 billion

The country's foreign exchange reserves declined by $ 6.24 billion to $ 583.945 billion for the week ended February 5. This information has been given in the data released on Friday by the Reserve Bank.

Business

After all what happened that RBI's treasury fell by more than 45000 crores in a week

The country's foreign exchange reserves declined by $ 6.24 billion (about Rs 45000 crore) in the week ended February 5 to $ 583.945 billion.

Business

Elon Musk's brother sold Tesla shares, know how much he earned

Elon Musk is the richest man in the world right now. In 2020, the shares of his company Tesla rose by about 750 percent, due to which his wealth increased tremendously.

Business

Investments in Gold ETFs rose 45% to Rs 625 crore in January

In January, INR 625 crore was invested in Gold Exchange Traded Funds (ETFs), which was 45 per cent higher than the previous month.

Business

Know how much the prices of leather bags and shoes can increase

Finance Minister Nirmala Sitharaman announced the imposition of import duty of up to 10 per cent on raw and finished leather in the budget

Business

Rakesh Jhunjhunwala's investment in up to 70% jump in these 10 stocks after Budget 2021

Bull run continues in the stock market. The Sensex closed at 51,348.77 points with a loss of 617.14 points today.

Business

Arun Jaitley also used to oppose the privatization of public sector banks, then why did the Modi government reverse its stand?

Discussion on this issue has intensified after the announcement of the privatization of two more public sector banks in the budget.

Business

Can the Nifty 50 index cross 15,000 this week?

In the new week, traders will keep an eye on the marketwide put-call ratio. They want to know whether the Nifty can once again reach the level of 15,000 or not.

Business

SBI shares on wings, analysts raise target price by 83%

State Bank of India shares have got wings. The bank announced the December quarter results on Thursday. Its results have been better than expected.

Business

BSE's market cap crosses 200 lakh crore, can it double in 2-3 years?

On Thursday, the market cap of listed companies on the BSE crossed Rs 200 lakh crore. The Sensex reached the 51,000 mark for the first time when the market opened on Friday.

Business

HDFC Ltd. Chairman Deepak Parekh settles case with SEBI by paying Rs 9.37 lakh

Home loan lender HDFC Ltd Dipak Parekh, chairman of the company, has settled the case with SEBI in the case related to non-compliance of the previous listing agreement.

Business

Amazon received a big blow, legal action may be taken in this case

The Director of Legal Metrology of the Union Ministry of Consumer Affairs has rejected an appeal by Amazon against the notices issued by the Department of Metrology and said that the department can take legal action against Amazon.

Business

Modi government took this big decision to stop injustice done to 4 crore taxpayers so far

After the announcement of the budget on February 1, many things are going on regarding the Provident Fund.

Business

Work on strategy to increase exports started

The central government is confident that due to the announcements made in the budget in the coming months, the situation will change and the products made in India will increase business in the global markets.

Business

Affordable home buyers to get additional tax rebate of Rs 1.5 lakh

If you are preparing to buy a house then there is good news for you.

Business

SEBI bans Kishore Biyani, out of security market for one year

Indian market regulator SEBI has banned Kishore Biyani, founder of Future Group, for one year in insider trading in Future Retail.

Business

LIC's IPO may come in the fourth quarter of the next financial year

The IPO of Life Insurance Corporation of India (LIC), the country's largest insurance company, may come in the fourth quarter of the next financial year.

Business

Bharti Airtel 3rd quarter results: Profit returned to the company, profit Rs 854 crore

Average revenue per user of the company stood at Rs 166 in the December quarter. This is more than analysts expected.

Business

Bharti Airtel with 42.30 crore users, in the discussion of allegations of data leaking

After the all-around surrounded WhatsApp (data privacy), data leakage of more than 25 lakh mobile users has been reported.

Business

Delhi High Court asks Future Retail to maintain the status quo in a deal with Reliance

Last year, Future Group announced the sale of its retail business to Reliance Industries' retail arm.

Business

RBI appoints external firm to investigate HDFC Bank's IT infrastructure

HDFC Bank said on Tuesday that the Reserve Bank of India (RBI) has hired an external firm to audit its IT infrastructure.

Business

Will the price of petrol and diesel go up due to the introduction of Agri cess?

Finance Minister Nirmala Sitharaman announced an Agri cess of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel in the budget.

Business

Foreign investors poured Rs 14,649 crore into the Indian market in January

Foreign portfolio investors have made a net investment of Rs 14,649 crore in Indian markets in January.

Business

Sitharaman's budget given a boost in the stock market, See the Reasons why the record in Sensex rose

On Monday, Finance Minister Nirmala Sitharaman presented the General Budget 2021. After the announcement of this budget, there was a lot of boom in the domestic stock markets.

Business

Stock market's strong start ahead of budget, Sensex gained 332 points to cross 46600

Today, on February 1, before the general budget, the stock market started strong. The decline trend for the last 6 sessions came to an end in early trade today.

Business

Budget 2021: 'Tax-free savings scheme for employed people in budget, need to make some industries' champions'

Before the general budget presented on Monday, he also said that the government should bring a tax-free long-term savings scheme for job seekers and common legs. This will encourage savings on the one hand, and on the other hand, will also generate sources of funds for industries. Finance Minister Nirmala Sitharaman will present the 2021-22 budget in Parliament on February 1.

Business

Economic Survey 2021: Need to see agriculture as a modern commercial enterprise

The Economic Review has praised the agricultural sector for showing strength during the pandemic.

Business

Government has raised Rs 19,499 crore so far in the current financial year from disinvestment, repurchase

Union Finance Minister Nirmala Sitharaman had targeted to raise Rs 2.1 lakh crore in the 2020-21 budget through privatization, sale of minority stake in state-owned companies and repurchase by CPSEs.

Business

L&T wins up to Rs 2,500 crore contract for Mumbai-Ahmedabad bullet train project

The country’s first Bullet Train project is the Modi government’s flagship collaboration with Japan.

Business

GST collection may break record in January, estimated to be Rs 1.23 lakh crore

The GST collection is estimated to be Rs 1.21 to Rs 1.23 lakh crore in January. This will reduce the state GST collection to a minimum of Rs 11,000 crore. It has been said in a report.

Business

Stock market on red mark, Sensex falls by 210 points

The stock market is trading at a red mark. The major stock index Sensex lost over 210 points in early trade on Wednesday due to selling in oil and gas, pharma and banking stocks.

Business

India expects substantial growth this year: Mercedes-Benz

With this, we should have a good opportunity for growth in 2021. The company sold 7,893 units in India in 2020, which is 43 per cent less than in 2019. Said CEO of German Giant.

Business

Indian economy may reach eight per cent decline in the current financial year: FICCI survey

The survey said that the revival of the industrial sector is gaining momentum, but the growth is not yet widespread.

Business

Agricultural loan target may be increased to Rs 19 lakh crore

The government may increase the target of agricultural credit to about Rs 19 lakh crore in the budget of 2021-22, keeping in mind the objective of doubling the income of farmers by 2022.

Business

Asset quality pressure at peak, court order may increase gross NPA: Yes Bank

The official said that the GNPA ratio could touch 20 per cent of total assets after the Supreme Court verdict on identifying bad assets.

Business

If there is no balance in the bank account, then unauthorized withdrawals from ATM are charged; Know which bank charges how much

Many times, consumers do have to pay fees if the banks do not know the rules correctly. We are giving you information about one such important rule related to the bank.

Business

Tax exemption limit under Section 80C of income tax is 2.5 lakh, no change since 2014

Experts and taxpayers have high expectations about the general budget to be presented in the midst of the corona epidemic. Experts believe that taxpayers can be given relief in the budget to be presented on February 1 for the financial year 2021-2022.

Business

After touching the level of 50,000, there may be a round of profit-booking in the market, all eyes on the budget

There is a big change in the market in just ten months. It has reached record levels after heavy losses. That too at a time when the world is struggling with the health crisis.

Business

Market capitalization of four Sensex top 10 companies increased by Rs 1.15 lakh crore

The market capitalization (market cap) of four of the top 10 Sensex companies rose by Rs 1,15,758.53 crore last week. During this period, the market capitalization of Reliance Industries increased by Rs 71,033.44 crore.

Business

Indian Bank profits up in third quarter, profit of Rs 514 crore

Public sector Indian Bank's profit in the third quarter of the current financial year ended December 2020 was Rs 514 crore. Allahabad Bank has merged with Indian Bank since April 1, 2020.

Business

Bitcoin continues to decline, slips below $ 30,000, world's largest digital 'coin'

The crypto currency bitcoin is witnessing a huge decline. It has fallen by $ 2951 in the last 24 hours. On January 1, it touched the $ 41950 level. Let us know, Bitcoin slipped below $ 30,000 on Friday.

Business

Petrol now Rs 2.5 away from Rs 100 a liter, diesel prices also increased

Petrol and diesel prices have increased after two days today. Petrol in Sriganganagar and Rajasthan is now just 2.5 away from Rs 100 a liter.