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Spectrum auction enters sixth day of bidding; garners nearly Rs 1.50 lakh crore so far
Business

Spectrum auction enters sixth day of bidding; garners nearly Rs 1.50 lakh crore...

New Delhi, Jul 31: The auction of the 5G spectrum capable of offering ultra-high-speed internet entered the sixth day of bidding on Sunday after receiving bids worth 1,49,966 crore in the first five days from players like Reliance Jio and Bharti Airtel. The bidding resumed on Sunday morning with...
5G spectrum auction: Bidding enters day 4; bids worth Rs 1.49 lakh cr received so far
Business

5G spectrum auction: Bidding enters day 4; bids worth Rs 1.49 lakh cr received...

New Delhi, Jul 29: The auction of 5G spectrum for ultra-high-speed internet services entered day four on Friday after garnering bids worth Rs 1,49,623 crore in 16 rounds of bidding conducted so far. The high interest for spectrum in the 1800 MHz band in Uttar Pradesh East circle saw Jio and...
India
Business

India's biggest spectrum auction begins; 5G airwaves worth Rs 4.3 lakh cr on...

New Delhi, Jul 26: India's biggest-ever auction of spectrum that carries telephone and internet data signals, began on Tuesday with a total of 72 GHz (gigahertz) of 5G airwaves worth Rs 4.3 lakh crore on offer. Billionaire Mukesh Ambani's Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone...
GST on essential items after states sought levy, aimed to check evasion: Official
Business

GST on essential items after states sought levy, aimed to check evasion:...

New Delhi, Jul 24: GST on pre-packaged goods/ food packets was levied after some states gave feedback of losing revenues they previously earned from levy of VAT on food items, a top government official said. The decision to levy the tax, which came into effect from July 18, is not that of the...
Tesla sold 75% of its Bitcoin, Musk says Dogecoin still with him
Business

Tesla sold 75% of its Bitcoin, Musk says Dogecoin still with him

New Delhi, July 21: Tesla has sold 75 per cent of its Bitcoins, adding $936 million in cash to its balance sheet in the second quarter (Q2) this year, as it deals with economic meltdown amid cryptocurrencies falling off the cliff. Last year, Tesla made a $1.5 billion investment in Bitcoin and...
Rupee falls 7 paise to all-time low of 80.05 against US dollar in early trade
Business

Rupee falls 7 paise to all-time low of 80.05 against US dollar in early trade

Mumbai, Jul 19: The rupee depreciated 7 paise to an all-time low of 80.05 against the US dollar in early trade on Tuesday tracking the strength of the American currency and firm crude oil prices. At the interbank foreign exchange, the rupee opened at 80 against the American dollar, then lost...
Pay GST on pre-packed, labelled food items, hospital rooms above Rs 5K from Monday
Business

Pay GST on pre-packed, labelled food items, hospital rooms above Rs 5K from...

New Delhi, Jul 17: Customers will have to pay 5 per cent GST on pre-packed, labelled food items like atta, paneer and curd, besides hospital rooms with rent above Rs 5,000 from Monday with the GST Council's decision coming into force.In addition, hotel rooms with tariff of up to Rs 1,000/day, maps...
Markets rebound amid firm global trends
Business

Markets rebound amid firm global trends

Mumbai, Jul 14: Benchmark indices started the trade on a firm note on Thursday with the Sensex climbing 239 points, mirroring positive global market trends.The 30-share BSE benchmark was trading 239.3 points higher at 53,753.45. The broader NSE Nifty climbed 74.7 points to 16,041.35. Among the...
Sensex down 341 points in early trade amid weak global markets
Business

Sensex down 341 points in early trade amid weak global markets

Mumbai, Jul 12: Equity benchmarks remained on the backfoot on Tuesday with the BSE Sensex falling 340.76 points in early trade amid weak global markets. The 30-share BSE benchmark opened on a weak note and declined 340.76 points to 54,054.47 in initial trade. The broader NSE Nifty dipped 72.65...
Sensex falls 87 points on selling in IT counters, weak global equities
Business

Sensex falls 87 points on selling in IT counters, weak global equities

Mumbai, Jul 11: Benchmark indices turned highly volatile in the last hour of trade on Monday, with the Sensex falling 86.61 points after three days of gain amid heavy selling in IT counters and weak trends in global markets. The 30-share BSE benchmark declined 86.61 points or 0.16 per cent to...
Sensex climbs 448 points in early trade amid firm global market trends
Business

Sensex climbs 448 points in early trade amid firm global market trends

Mumbai, Jul 8: Market benchmarks started the trade on a positive note on Friday, with the Sensex climbing 448.68 points, mirroring a bullish trend in global equity markets. The 30-share BSE benchmark advanced 448.68 points to 54,627.14 in early deals. The broader NSE Nifty went higher by 142.6...
Markets gain for 2nd day; Sensex, Nifty climb nearly 1 pc
Business

Markets gain for 2nd day; Sensex, Nifty climb nearly 1 pc

Mumbai, Jul 7: Equity benchmarks Sensex and Nifty advanced nearly 1 per cent each on Thursday following positive trends in global markets. The 30-share BSE Sensex climbed 427.49 points or 0.80 per cent to settle at 54,178.46. During the day, it rallied 503.82 points or 0.93 per cent to...
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