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.

Business

Rs 50,000 Crore Mega Steel Plant in Odisha

The Odisha government and ArcelorMittal Nippon Steel India on Thursday signed an MoU for setting up a 12 million ton integrated steel plant in Kendrapada district with an investment of Rs 50,000 crores.

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