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EV prices to be on par with cost of petrol vehicles within a year: Gadkari
Business

EV prices to be on par with cost of petrol vehicles within a year: Gadkari

New Delhi, Jun 17: The prices of all electric vehicles (EVs) will be equal to the cost of petrol vehicles in the country within one year, Road Transport and Highways Minister Nitin Gadkari said on Friday. Gadkari further said the government is promoting ethanol produced from crop residue instead...
Equity indices settle sharply low, Sensex down over 1K points
Business

Equity indices settle sharply low, Sensex down over 1K points

New Delhi, June 16: Domestic equity benchmark indices declined as the day progressed and settled sharply lower on Thursday as investors evidently feared a looming recession. "The market is fearing that inflation is not going to come under control soon whereas a tight monetary policy may cause a...
Air India fined Rs 10 lakh for denying boarding despite valid tickets
Business

Air India fined Rs 10 lakh for denying boarding despite valid tickets

New Delhi, June 15: Civil aviation watchdog Directorate General of Civil Aviation (DGCA) has imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid tickets. After going through the airline's submissions, as part of enforcement action, the DGCA has levied the...
Indices tumble in opening session as high inflation in US trigger selloff
Business

Indices tumble in opening session as high inflation in US trigger selloff

New Delhi, June 13: Domestic equity indices extended their losses from the previous week and tumbled even sharply on Monday as high inflation in the US triggered possibilities of even more aggressive policy tightening by the Federal Reserve.With Monday's slump, the indices declined for six out...
Rs 10 lakh penalty on companies for misleading ads, unfair trade practice
Business

Rs 10 lakh penalty on companies for misleading ads, unfair trade practice

New Delhi, June 11: Notices and financial penalties amounting to Rs 10 lakh are among the multifold actions taken by the Central Consumer Protection Authority (CCPA) against the erring companies under the various sections of the Consumer Protection Act, the government said on Friday. The CCPA has...
Amit Shah bats for RBI
Business

Amit Shah bats for RBI's decision to increase credit flow through Cooperative...

Guwahati, June 10: The Union Minister for Home and Cooperation, Amit Shah, has welcomed the important steps announced by RBI to increase credit flow through Cooperative Banks. Amit Shah said that in a span of less than one year, Prime Minister Narendra Modi has taken many historic decisions for the...
Sensex falls over 270 pts in early trade; Nifty slips below 16,300
Business

Sensex falls over 270 pts in early trade; Nifty slips below 16,300

Mumbai, Jun 9: Equity benchmark Sensex fell over 277 points in opening trade on Thursday, tracking losses in index majors Asian Paints, TCS and HCL Tech amid a negative trend in global markets. The 30-share BSE gauge was trading 277.91 points or 0.51 per cent lower at 54,614.58 in early trade....
Indices extend losses; Sensex, Nifty shed over 1% each
Business

Indices extend losses; Sensex, Nifty shed over 1% each

New Delhi, June 7: Domestic indices on Tuesday extended their losses from the previous session as the overall sentiments still remain cautious amongst investors as they are worried about inflation and benchmark interest rates, said analysts. At 10.02 a.m., Sensex was 1.1 per cent down at 55,037...
Sensex slides 227 points in early trade; Nifty falls to 16,517 level
Business

Sensex slides 227 points in early trade; Nifty falls to 16,517 level

Mumbai, Jun 6: Benchmark indices continued to fall on Monday, with the Sensex declining 227 points in early trade as investors remained cautious amid unabated selling by foreign funds and elevated crude oil prices. The 30-share BSE Sensex was trading 226.7 points lower at 55,542.53 points. The...
Snapping 2-day losses, indices settle in green; Reliance top gainer
Business

Snapping 2-day losses, indices settle in green; Reliance top gainer

New Delhi, June 2: Snapping two straight sessions of losses, domestic equity benchmark indices settled in the green on Thursday. Gains were led by up move in Nifty oil & gas, IT, metal, and media stocks. Also, a decline in global crude oil prices ahead of the Organization of the Petroleum...
Indices settle marginally low; Nifty IT, pharma, realty top losers
Business

Indices settle marginally low; Nifty IT, pharma, realty top losers

New Delhi, June 1: Domestic equity benchmark indices traded in the red for the second straight day and settled marginally lower on Wednesday, led by losses in Nifty IT, pharma, and realty stocks. Sensex closed at 55,381 points, down 185 points or 0.3 per cent, whereas Nifty at 16,523 points, down...
Indices decline marginally in early trade
Business

Indices decline marginally in early trade

New Delhi, June 1: Domestic equity benchmark indices traded marginally lower in opening deals on Wednesday. At 9.57 a.m., Sensex was 148 points down to 55,418, whereas Nifty 34 points down to 16,550. Stocks in other Asian countries were steady on Wednesday, while bond yields extended their...
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