BPL founder TPG Nambiar passes away, PM Modi condoles industrialist's death
T P Gopalan Nambiar, founder of Indian electronics company BPL Group, passed away on Thursday. Prime Minister Narendra Modi and former Chief...
HDB Financial Services files draft documents for Rs 12,500 crore IPO
HDB Financial Services, a subsidiary of HDFC Bank, has filed draft documents with Sebi to raise Rs 12,500 crore via an IPO, comprising Rs 2,...
Adani Enterprises report increase in Q2 profits despite coal sector facing slowdown
Adani Enterprises reported a substantial rise in Q2 profits, driven by the renewable energy sector's growth despite a slowdown in coal t...
Diwali 2024 bank holidays: Are banks closed on October 31 or November 1? Full state-wise Diwali bank holiday list
Diwali 2024 bank holidays full list: Bank holidays for Diwali in 2024 vary across Indian states. Diwali, also known as Deepavali, is a Hindu...
India’s gold reserve hike to 855 metric tonnes despite global economic slowdown
India's gold reserves, managed by the Reserve Bank of India, total 854.73 metric tonnes, with 510.46 metric tonnes stored domestically a...
RBI report shows India's forex reserves cover stands at 11.2 months of imports with a slight decline
India's foreign exchange reserves can now cover 11.2 months of imports, down from 11.3 in March 2024, according to the RBI. Short-term d...
Jharkhand tribal communities unable to access bank funds due to KYC: Jairam Ramesh
Jairam Ramesh highlights that thousands of tribals in Jharkhand struggle to access their bank funds due to stringent KYC norms. He urges the...
Samvat 2082: How millennials can invest this Diwali
Samvat 2082: Diwali is a very common time when individuals get bonuses from their respective organizations, and this lump sum amount can be ...
Stock markets end 5-day losing streak; BSE Sensex jumps 602 points, Nifty50 above 24,300- Top reasons
Indian stock markets broke a five-day losing streak on Monday, with the BSE Sensex rising 0.76% to close at 80,005.04 and Nifty50 up 0.65% t...
Cyient acquires 27% stake in US-based Azimuth AI to boost semiconductor capabilities
Cyient has acquired a 27.3% stake in US-based Azimuth AI, enhancing its semiconductor capabilities focused on intelligent energy and power s...
PCs, telecom parts largely push rise in Chinese imports
Imports from China into India rose nearly 11% to $46.6 billion between April and August, driven primarily by computers, telecom equipment, a...
Campa triggers price war in cola market
Reliance's Campa Cola challenges beverage giants PepsiCo and Coca-Cola with its aggressive pricing strategy, offering 200 ml bottles at ...
FPI trades, Q2 results to shape market trend
Foreign fund trading activities and quarterly earnings from major companies are expected to drive the market. Investors will assess crude oi...
Discounts come as Diwali gift as auto makers try to drive sales
Facing a significant industry slowdown, car manufacturers like Maruti Suzuki, Honda, Mahindra, and luxury brands such as Audi and BMW are of...
Inflation will begin to cool off after October, says RBI governor
RBI governor Shaktikanta Das anticipates inflation will moderate after October, despite recent highs. Speaking at an IMF-World Bank event, D...
CBDT extends ITR filing deadline for corporates till November 15
CBDT extended the Income Tax Return deadline for the assessment year 2024-25 for corporates to November 15, 2024, addressing difficulties in...
FM says economic reforms will continue, urges global investors to invest
India continues implementing economic reforms and liberalization, urging global investors to explore the nation’s demographic dividend and s...
ICICI Bank registers 14.5 per cent profit at Rs 11,746 crore for Q2 results
ICICI Bank reported a 14.5% standalone net profit growth to Rs 11,746 crore for Q2 of the current financial year, compared to Rs 10,261 cror...
ILACC and VPVV Techno Construction signs $10 billion deal to propel India's Viksit Bharat vision
India's pursuit of a 'Viksit Bharat' by 2047 gets a boost with the signing of a $10 billion agreement between ILACC and VPVV Tec...
IndiGo Q2 results: Airline posts Rs 986 crore loss
IndiGo, India's largest airline, reported a net loss of Rs 986.7 crore for the September quarter, its first quarterly loss in two years....
Major disruptions likely! Why your OTP for online purchases may not come from November
Telecom companies have warned of possible disruptions in online transactions starting November 1, due to a new TRAI rule on message traceabi...
New Indian Railways lines: PM Modi-led Cabinet approves new rail projects in Andhra Pradesh's Amaravati & Bihar for Rs 6,798 crore
PM Narendra Modi-led Cabinet has approved two major railway projects: the 87 km Amaravati Railway Line in Andhra Pradesh at Rs 2,245 crore, ...
‘Mr Modi is fantastic…’: Prem Watsa, known as ‘Canada’s Warren Buffett’, says India can grow at 10% under PM Modi
Prem Watsa, CEO of Fairfax Financial Holdings, has expressed confidence in India's potential to achieve double-digit economic growth und...
Forget gold buying this festive season? Why you should consider silver for investment as prices cross Rs 1 lakh mark
Silver vs gold: Silver has outperformed traditional equities, with a 33.65% rise since early 2024 and a 12.5% gain in the past month. Analys...
Cheer for middle income salaried class? VPF limit for tax-free interest may be hiked from Rs 2.5 lakh
The government is considering raising the VPF limit for tax-free interest under EPFO to incentivize savings among lower-middle and middle-in...
TVS Motor Co Q2 net profit rises 41 per cent to Rs 588.13 crore
TVS Motor Company, based in Chennai, reported a 41.4% rise in consolidated net profit to Rs 588.13 crore for the second quarter ending Septe...
‘Not getting into IIT…’: Snapdeal co-founder Kunal Bahl shares how setbacks helped shape his entrepreneurial journey
Kunal Bahl, co-founder of Snapdeal, shares his journey where being rejected by IIT and denied an H-1B visa led him to success. He speaks abo...
Silver better than gold for investment? Silver prices cross Rs 1 lakh mark!
Silver prices have surged, surpassing Rs 1 lakh per kg. The rise is linked to undervaluation and demand from the EV sector. Silver futures o...
IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
The IMF projects India's GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025 as post-pandemic demand depletes. Headl...
Stock market crash: BSE Sensex plunged over 930 points to settle at 80,220.72; Nifty50 below 24,500-check out top reasons
The Indian equity benchmark indices, BSE Sensex and Nifty50, experienced notable declines on Tuesday, driven largely by major stocks like Re...
‘Over 2.7 lakh Vistara bookings for travel after November 12 migrated to Air India’
Over 2.7 lakh Vistara passengers who booked flights for travel after Nov 12, 2024, are migrated to Air India reservations. Tata Group ensure...
Paytm posts first net income after selling assets to Zomato
Paytm, under One 97 Communications Ltd, reported its first-ever net income of 9.3 billion rupees in Q2, aided by a sale of its events busine...
Softy ice-cream mix attracts higher GST: It’s mainly sugar not milk holds GST-AAR
The GST Authority for Advance Rulings - Rajasthan determined that a softy ice-cream mix primarily comprising sugar, not milk, attracts 18% G...
Hyundai IPO GMP: Grey Market Premium surges to 5% over issue price as India’s largest IPO lists tomorrow
Hyundai's IPO saw a revival in its grey market premium to 5%, indicating positive investor sentiment. Trading at Rs 2,067 in the grey ma...
Crorepati income tax filers soar 5x to 2.3 lakh in 10 years
The number of individuals reporting taxable income over Rs 1 crore rose significantly from 44,078 in AY2013-14 to nearly 2.3 lakh in AY2023-...
Saharanpur, Rewa, Ambikapur get wings with UDAN airports
Prime Minister Narendra Modi inaugurated new airports in Madhya Pradesh, Chhattisgarh, and Uttar Pradesh under the UDAN scheme. These airpor...
Automobile exports from India rise 14% in April-September period
Automobile exports from India surged 14% in April-September thanks to renewed demand in Latin America and Africa. Passenger vehicle exports ...
Chinese food delivery industry faces downturn, workers' earnings drop by 1,000 yuan
China's USD 200 billion food delivery industry, which thrived during the pandemic, faces a downturn due to economic challenges. Delivery...
GST on term life and health insurance premiums may be exempted
The Group of Ministers (GoM) decides to recommend waiving GST on health and term life insurance premiums for senior citizens, with a focus o...
HDFC Bank Q2 profit jumps 5% to Rs 16,821 crore
HDFC Bank Ltd., India's largest private sector lender, recorded a 5% increase in net profit for the quarter ending September 30, 2021, r...
Looking to beat fixed deposit returns? Here’s what investors can consider instead of FDs
Aditya Birla Sun Life Mutual Fund is launching seven target maturity funds with tenures of 15-33 months. These funds offer returns higher th...
India-Canada diplomatic rift: Indian Army’s plan to buy Ontario-produced Stryker armoured vehicles hits snag
The Indian Army's plan to acquire Stryker armoured vehicles from Canada faces uncertainty due to strained India-Canada relations. Despit...
India's growth rate is among the shiniest parts in the world economy: Ajay Banga
World Bank President Ajay Banga commended India's robust growth, highlighting its domestic market-driven momentum despite global challen...
Indian Overseas Bank Q2 profit rises 24% to Rs 777 crore
Indian Overseas Bank reported a 24% rise in net profit to Rs 777 crore for Q2 FY24, up from Rs 625 crore a year earlier. Total income grew t...
New IRCTC train ticket reservation rules! Indian Railways changes advance booking rules - check here
Indian Railways has revised advance booking rules to 60 days ahead of travel, effective from November 1, 2024. They are also utilizing AI fo...
‘Negligence of railway…’: Why Indian Railways has been asked to pay Rs 4.7 lakh to a passenger for bag theft
The National Consumer Disputes Redressal Commission has ordered Indian Railways to compensate a passenger for stolen belongings. The theft o...
DA hike calculator: Dearness allowance & relief hiked by 3% - here’s how much extra salary, pension central government staff & pensioners will get
DA hike calculator: The Union Cabinet, led by PM Narendra Modi, has approved a 3% increase in dearness allowance and dearness relief for cen...
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