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Business
Markets trade in green amid firm Asian equities, foreign fund inflows
10 April 2023 10:33 AM IST
Mumbai, Apr 10: Equity benchmark indices climbed in initial trade on Monday tracking firm trend in other Asian markets and continuous foreign fund inflows. The 30-share BSE Sensex climbed 164.79 points to 59,997.76 in early trade. The broader NSE Nifty advanced 52.55 points to 17,651.70. ...
Business
UPI emerges as 2nd most popular mode to repay digital loans: Report
6 April 2023 8:30 PM IST
New Delhi, April 6: Unified Payments Interface (UPI) emerged as the second most preferred repayment method for digital loans, while SIP (Systematic Investment Plan) is the most popular investment option for millennials, a new report showed on Thursday.According to AI-based financial wellness...
Business
Gold jumps Rs 1,025 to touch life-time high level; silver zooms Rs 1,810
5 April 2023 3:58 PM IST
New Delhi, Apr 5: Gold price rallied Rs 1,025 to touch a life-time high of Rs 61,080 per 10 grams in the national capital on Wednesday amid strong global trends, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 60,055 per 10 grams. Silver also zoomed...
Business
India's manufacturing PMI hits 3-month high in Mar amid demand resilience
3 April 2023 11:48 AM IST
New Delhi, Apr 3: Manufacturing activities in India touched a three-month high in March boosted by faster expansions in new orders and output amid demand resilience and easing of cost pressures, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing...
Business
GST mop-up rises 13 pc to Rs 1.60 lakh cr in March, second highest collection...
1 April 2023 4:47 PM IST
New Delhi, Apr 1: GST collection grew 13 per cent in March to Rs 1.60 lakh crore — the second highest mop-up since the rollout of the indirect tax regime. The return filing during March 2023 has been the highest ever. Gross GST revenue collected in March 2023 is Rs 1,60,122 crore, of which...
Business
Sebi bans 3 individuals from securities mkt for 2 yrs; fines Rs 90 lakh in ZEEL...
1 April 2023 4:31 PM IST
New Delhi, Apr 1: Sebi has barred three individuals from the securities market for two years and imposed penalty totalling Rs 90 lakh on them in a case pertaining to insider trading activities in the scrip of Zee Entertainment Enterprises Ltd (ZEEL). The three individuals banned by the...
Business
India, Malaysia can now trade in Indian rupee
1 April 2023 1:10 PM IST
New Delhi, Apr 1: India and Malaysia can now use the Indian rupee to settle trade in addition to other currencies, the Ministry of External Affairs (MEA) said on Saturday. The move follows the decision by the Reserve Bank of India in July last year to allow settlement of international trade in...
Business
Sensex, Nifty close marginally down in volatile trade
28 March 2023 4:59 PM IST
Mumbai, Mar 28: Benchmark equity indices Sensex and Nifty ended marginally lower in highly volatile trade on Tuesday as losses in IT and auto stocks were largely offset by gains in banking and oil shares amid mixed global trends. The 30-share BSE Sensex ended 40.14 points or 0.07 per cent lower...
Business
EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23
28 March 2023 12:06 PM IST
New Delhi, March 28: Retirement body employee provident fund organisation (EPFO) on Tuesday fixed 8.15 per cent interest rate on the employees' provident fund for 2022-23.The decision was taken by EPFO's board of trustees.Last year, EPFO had declared 8.1 per cent as the rate of interest for 2021-22,...
Business
Flight from Ahmedabad hit by hailstorm at Hyderabad airport
21 March 2023 4:59 PM IST
Hyderabad, March 21: An IndiGo flight from Ahmedabad suffered minor damage when it encountered a hailstorm during its descent towards Rajiv Gandhi International Airport in Hyderabad.No one was injured in the incident that occurred on Saturday evening. Photographs of the damage to the aircraft...
Business
GST Litigation: 5 Proven Strategies for Handling GST Litigation
21 March 2023 3:04 PM IST
As a business owner registered under GST, you may receive a notice from the authorities. With the right strategies, you can easily handle the litigation.
Business
Hindenburg fallout: Adani Group suspends work on Rs 34,900 cr petchem project
19 March 2023 12:37 PM IST
New Delhi, Mar 19: Adani Group has suspended work on a Rs 34,900 crore petrochemical project at Mundra in Gujarat as it focuses on resources to consolidate operations and address investor concerns following a damning report by a US-based short seller, sources said. The group's flagship Adani...
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