Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and other markets where better premiums are offered, three bank officials […]
Author: Featured Times
Meta is closing one New York office with cutbacks looming
Meta Platforms Inc. is planning to close one of its offices in New York after scaling down its expansion plans in the city, according to people familiar with the matter. […]
Gautam Adani, Elon Musk lose over ₹2 lakh crore in a day: Report
Billionaires Gautam Adani and Elon Musk have lost nearly $25 billion in a day after the shares of their companies crashed on the stock markets. The Bloomberg Billionaires Index, which […]
Age is no barrier ,fulfil your dreams by grit and determination”-Gunjan Nigam , winner Royale Mrs India International
Gunjan Nigam has proved that age is just a number. She is 46 years old, she believed in her dreams and went on to pursue them with grit and determination […]
India’s exports dip by 3.52% to $32.62 billion in September: Govt data
India’s exports contracted by 3.52 per cent to $32.62 billion in September against $33.81 billion in the same month last year, while the trade deficit widened to $26.72 billion, according […]
IT graduates claim tech giants delaying onboarding: Report
Information technology graduates have now begun to hunt for other jobs after the tech giants like Wipro, Infosys and TCS have reportedly delayed the onboarding process for more than six […]
Sensex down by 638 points to close at 56,789; Nifty settles at 16,878
Key stock indices Sensex and Nifty declined over 1 per cent at close on Monday amid weak global market trends and continued foreign fund outflows. Benchmark BSE Sensex tumbled 638.11 […]
Fighting financial illiteracy with light of financial awareness this Navratri
The much-awaited festival of Navratri has officially commenced and the festive spirit this year, thankfully will not be tainted with fears of sickness as was the case in the last […]
Starting today, banks to remain shut for 7 straight days. Check RBI holiday list before stepping out
If you have some bank-related work and are planning to visit your nearest branch, then you should first check the Reserve Bank of India’s (RBI) bank holiday list for October. […]
These post office savings schemes now offer higher interest rates. Details here
Recently, the Union government hiked rates for some small savings schemes that do not give any income tax benefit. As per Mint, the deposits that have seen a rise in […]
Tulsi Tanti passes away; PM Modi pays tribute | All you need to know about Suzlon Energy founder
Tulsi Tanti, founder and chairman of wind turbine maker Suzlon Energy Ltd., died of cardiac arrest on Saturday. He was 64. Tanti was on his way home in Pune after […]
Axis Bank revises interest rates for domestic fixed deposits below ₹2 crore
Private sector lender Axis Bank has revised its interest rates for domestic fixed deposits less than ₹2 crore, which are effective from October 1, 2022. The move comes a day […]
Mukesh Ambani says will roll out high quality, more affordable 5G services
Billionaire Mukesh Ambani said Reliance Industries Ltd.’s 5G network will cover the remotest corners of India by December next year, providing services “more affordable than anywhere else in the world.” […]
Tata Motors total domestic sales up 44% at 80,633 units in September: Report
PTI | | Posted by Aryan Prakash Tata Motors on Saturday said its total domestic sales increased by 44 per cent to 80,633 units in September. The company had dispatched […]
Vi, CareGame try to prove relevance of cloud gaming as Google Stadia exits
The countdown has begun, and it shouldn’t surprise anyone. Yet it does. Google confirmed the Stadia cloud gaming service will shut down on January 18, 2023. Enjoy it while you […]
September GST collection at ₹1.48 lakh crore, the third highest ever
The Goods and Services Tax (GST) revenue in September this year saw a 26% year-on-year jump at ₹1.48 lakh crore, the third highest ever collections crossing the ₹1.40 lakh crore […]
GST collections up 26% to over ₹1.47 lakh crore in September
PTI | | Posted by Lingamgunta Nirmitha Rao GST collections in September rose 26 per cent to over ₹1.47 lakh crore, the finance ministry said on Saturday. Goods and Services […]
RBI hikes policy rate, cuts growth forecast
That the Monetary Policy Committee (MPC) of the Reserve Bank of India will increase interest rates for the fourth consecutive time was almost a given, and the 50 basis points […]
16 insurance firms caught evading GST worth ₹824 crore: Govt
NEW DELHI: The Goods and Services Tax (GST) authority has detected alleged misappropriation of input tax credit (ITC) worth ₹824 crore by 16 insurance companies who used their intermediaries to […]
DTH counters dipping subscriptions: Games, smart homes and OTT dictate agenda
Direct to home (DTH) services are responding to the urgent need to evolve, as consumer interest in paying for one-dimensional linear TV subscriptions, continues to wane. Attempts to widen the […]
Why is Mozilla so angry with Apple, Google, and Microsoft?
Mozilla is not pleased with how the web browser ecosystem is shaping up. The makers of the well-known (but is it as popularly used too?) Firefox web browser have taken […]
To avoid crowding during festive season, cost of platform ticket hiked here
The Chennai Division of Southern Railway has doubled the price of a platform ticket, from ₹10 to 20, in a bid to prevent crowding at railway stations during the festive […]
Starting with banks, govt to push for filling positions reserved for SCs
New Delhi: The Union government may nudge its departments and public sector firms to fill up backlog reserved vacancies for Scheduled Castes (SCs) at the earliest even as finance minister […]
GST officers detect ₹824 crore tax evasion by insurance companies
GST officers have detected ₹824 crore tax evasion by 15 insurance companies, intermediaries and banks through issuance of fake invoices, officials said on Thursday. Acting on specific inputs, GST Intelligence […]
How to file EPF/EPS nomination digitally? Follow these steps
The Employees Provident Fund Organisation, commonly known as the EPFO, allows the employees of an organisation to file the EPF/EPS nomination by digital means. The steps to file the nomination […]
India defers six-airbags rule for cars by a year, cites supply chain constraints
NEW DELHI: The government has deferred by a year its plan to require car manufacturers to provide six airbags in all passenger cars, Union road transport minister Nitin Gadkari said […]
India defers six-airbags rule for cars by a year, cites supply chain constraints
NEW DELHI: The government has deferred by a year its plan to require car manufacturers to provide six airbags in all passenger cars, Union road transport minister Nitin Gadkari said […]
Reliance unveils its first in-house fashion store Azorte: Report
Reuters | | Posted by Aryan Prakash Reliance Industries Ltd’s retail unit launched its first in-house premium fashion and lifestyle store on Thursday, as the billionaire Mukesh Ambani-led company continues […]
Firms, advertisers lash out at Twitter for ads next to child pornography accounts
Some major advertisers including Dyson, Mazda and chemicals company Ecolab have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting […]
New Hindi romantic songs released by The GREY production Tum aur mai, O Mahi.
Finally, the wait is over, and the new much awaited song “O Mahi” and “TUM AUR MAIN” is here. It got released worldwide on August 10th, 2022. It was produced […]
Delhi govt writes to Centre with recommendations to simplify retail trade
Delhi government has recommended the Centre to improve the retail trade sector in the country by simplifying registration laws and introducing innovative trade practices, deputy chief minister Manish Sisodia said […]
India forex reserves set to shrink further, stir memories of 2008 crisis: Report
India’s depleted foreign exchange reserves are likely to drop further, falling to their lowest level in over two years by end-2022, as the Reserve Bank of India continues to defend […]
Centre’s nod to redevelop New Delhi, Mumbai CST and Ahmedabad railway stations
The Centre on Wednesday approved the Indian Railways’ proposal for the re-development of New Delhi, Ahmedabad and Mumbai’s CST railway station. The redevelopment project involves an investment of approximately ₹10,000 […]
Do you use UPI for payments? Follow these tips by SBI for safe transactions
Do you regularly use unique payment interface (UPI) platforms for financial transactions? If yes, you should definitely hear this. Nowadays, there have been cases of online fraud wherein the users […]
Number theory | In times of uncertainty, how resilient is India’s economy to global economic turmoil?
Barely a couple of years after the Covid-19 pandemic disrupted the global economy, the world is looking at widespread economic turbulence once again. Inflation rates continue to be much higher […]
Tata Group in talks with Singapore Airlines to merge Vistara, Air India: Report
The Tata Group and Singapore Airlines Ltd are reportedly holding talks to merge the businesses of Air India and Vistara Airlines. According to an article published in LiveMint, the joint […]
A guide to index investing
In India, traditional investment classes with little to no risk have been the favoured investment path for the older generations. The younger demographic of retail investors though are shedding those […]
China will feel increasingly isolated, says billionaire Gautam Adani
Billionaire Gautam Adani said China will feel increasingly isolated as rising nationalism, shifts in supply chains and technology curbs threaten the world’s second-biggest economy. China’s Belt and Road Initiative has […]
Elon Musk, Twitter CEO Parag Agrawal to reschedule their depositions in legal battle: Report
Elon Musk and Twitter Inc. Chief Executive Officer Parag Agrawal are seeking to reschedule their depositions in the company’s lawsuit over Musk’s $44 billion buyout, according to people familiar with […]
GST collections in Sept may touch ₹1.5 lakh crore
Goods and Services Tax (GST) collections in September, reflecting actual business transactions for the previous month, may come close to the ₹1.50 lakh crore mark with a record 78.21 million […]
India puts off new foreign trade policy by 6 months due to global upheaval
NEW DELHI: The government on Monday deferred the launch the new Foreign Trade Policy (FTP) due to current global economic upheavals and decided to extend the existing FTP 2015-20 for […]
India records highest salary hike in 2022, races ahead of China: Report
In what would sound pleasing to the ears of working professionals in India, the salaries are expected to increase by 10.4 per cent in 2023 as compared to the annual […]
Sensex crashes by over 800 points after US Fed hikes rates
Indian stocks extended their losses from the previous week and declined further on Monday morning following the latest policy rates hike by the US Federal Reserve in its fight against […]
Chandrakant Wadkar Ancient Watch values in Mira Road, Mumbai.
The watch is a piece of history that is always with us. The watch that is on your wrist (if you have one) is the product of thousands of years […]
Ahmedabad-based Light Microfinance secures ₹196 Cr in Series B funding
Gujarat-based NBFC Light Microfinance has secured ₹196 crore in its Series B funding led by British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. All three […]
Hurun Rich List 2022: Who is Ravi Modi, whose net worth grew 376%?
Ravi Modi, Founder and Managing Director (MD) of ethnic wear brand ‘Manyavar,’ emerged as the top wealth gainer of the year in the recently-released IIFL Hurun India Rich List 2022. […]
Zerodha’s new fitness challenge for employees: ‘Burn at least 350 active calories a day…’
Nithin Kamath, co-founder and CEO of Bengaluru-based financial services company Zerodha, has announced a health initiative under which, whoever achieves a set target on 90% of the days across the […]
Ahead of 5G service launch, govt says targeting to cover entire country in 2 years
The 5G services – which will be launched next month – will be expanded to cover the entire country over the next two years, Union minister Ashwini Vaishnaw said on […]
‘India-UK free trade agreement draft likely by Diwali’: London Lord Mayor
The free trade agreement (FTA) talks between India and the UK are now in their final phase and despite some outstanding issues to be resolved, there is optimism on both […]
Rupee held its own against dollar. What about other currencies: FM Sitharaman
Union finance minister Nirmala Sitharaman on Saturday said the Indian rupee had “held back very well” against the dollar in comparison to other currencies. Her statement came at a time […]
Elon Musk, Gautam Adani lose over ₹1 lakh crore: Report
Stock markets crashed on Friday leading to the drop in wealth of the world’s top 70 billionaires according to the Bloomberg Billionaires Index. The super rich tycoons including Elon Musk, […]
1 out of 2 Indians planning to upgrade smartphones, reveals HT Media-Aroscop survey
One out of two Indian is planning to upgrade his/her gadgets and smartphones this festive season, survey by HT Media and research agency Aroscop revealed. HT Media, one of the […]
Temple Architect Shridhar Naik | Shridevi Shilpakala Kendra
Shridhar Naik is an Architect with an affinity towards tradition and religious work. He propagates his full faith by creating religious spaces in and around, in the form of Hindu […]
7th Pay Commission: Govt to revise minimum qualifying service norms for promotion of employees
The central government has decided to revise the norms of minimum eligibility service requirement for promotion of its employees in accordance with the seventh Central Pay Commission (CPC) Pay Matrix […]
‘Companies trying to prevent employees…’: Rajeev Chandrasekhar on ‘Moonlighting’
Companies trying to prevent their employees from ‘consulting for other firms’ are indulging in an exercise that is ‘doomed to fail,’ said Union minister Rajeev Chandrasekhar, as he joined the […]
India’s forex reserves hit near 2-year low
India’s foreign exchange reserves declined for a seventh straight week, touching $545.652 billion in the week ending September 16, Reserve Bank of India’s data showed on Friday. In the previous […]
Pound hits 37-year low below $1.12 as recession fears grow
AFP | | Posted by Lingamgunta Nirmitha Rao The pound fell to a fresh 37-year low against the dollar Friday as traders grow increasingly worried about the economic outlook with […]
Dalal Street bloodbath: Sensex crashes 1,020 points at close, Nifty down by 302
Equity indices fell sharply by nearly 2 per cent each, extending their decline for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share […]
Details of Microsoft co-founder Paul Allen’s $1 billion art collection to be auctioned
Bloomberg | | Posted by Nisha Anand The details of what could be the most expensive single-owner auction in history are starting to take shape. On Wednesday evening, Christie’s announced […]
RBI cancels licence of Solapur-based Laxmi Co-op bank
The Reserve Bank of India on Thursday said it has cancelled the licence of Solapur (Maharashtra) based The Laxmi Co-operative Bank Limited as the lender does not have adequate capital […]
Hurun India Rich List 2022: Pune-born Neha Narkhede named ‘youngest self-made woman entrepreneur’
The recently unveiled IIFL Wealth Hurun India Rich List 2022 featured Neha Narkhede as the ‘youngest self-made woman entrepreneur’ on the list. Narkhede, an Indian-American, has, previously, according to Forbes, […]
HDFC, IDBI banks to close special senior citizen FDs from October 1: All you need to know
Recently, HDFC Bank and IDBI Bank announced that their respective special fixed deposit (FD) schemes for senior citizens will end on October 1. HDFC’s policy is called the ‘Senior Citizen […]
Zomato, Swiggy among top 10 global food delivery companies: Report
Swiggy and Zomato, the Indian food delivery apps have been ranked among the world’s biggest e-commerce food-delivery companies as per a report by Canada-based global research firm ETC Group. The […]
Rupee hits record low against US dollar, tipped to fall further, say analysts
The Indian rupee is likely to fall further after hitting a record low to the dollar on Thursday as the U.S. Federal Reserve hinted at more aggressive rate hikes to […]
Fed attacks inflation with another big hike and expects more
Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time and signaled more […]
Number Theory: Is there a China angle to India’s trade deficit?
India’s merchandise trade deficit, in the April-August period of the current fiscal year was $124.7 billion. This is significantly higher than the number has ever been in any corresponding period. […]
Become a Cash Prize Winner on Rocky Book Online in just a few minutes!
Prediction is all what it will take for you to become a millionaire in just a few minutes. Today, if a person has good prediction knowledge, he is all set […]
Reliance Retail in talks for rights of beauty retailer Sephora: Report
Reliance Retail, run by Indian billionaire Mukesh Ambani’s conglomerate Reliance Industries Ltd, is in advanced talks to get the rights for beauty retailer Sephora in India, the Mint newspaper reported […]
Gold prices slump to 4-month low; silver rates down too
Written by Susmita Pakrasi | Edited by Amit Chaturvedi, Hindustan Times, New Delhi Gold prices fell to its lowest level in four months due to global sell-off in precious metals. […]
Gold prices slump to 4-month low; silver rates down too
Written by Susmita Pakrasi | Edited by Amit Chaturvedi, Hindustan Times, New Delhi Gold prices fell to its lowest level in four months due to global sell-off in precious metals. […]
Why Old Pension Scheme is bad politics, bad economics
More and more opposition parties in India seem to be warming to the idea of reverting to the Old Pension Scheme (OPS). There is no denying that such a promise […]
RBI removes Central Bank of India from prompt corrective action list
The Reserve Bank on Tuesday said Central Bank of India has been removed from the Prompt Corrective Action Framework (PCAF) watchlist following improvement in various parameters and a written commitment […]
Nasdaq makes first big crypto push to lure institutional clients: Report
Nasdaq Inc. is making its first major push into crypto, as the second-largest stock exchange prepares to capitalize on increasing appetite for digital currencies among big-money investors. A new group […]
Sensex up by 578 points to close at 59,719; Nifty up by 194 points
Equity indices ended higher for the second straight session on Tuesday, with the Nifty rallying over 1 per cent, helped by across-the-board buying and recovery in the US and Asian […]
Gautam Adani becomes world’s second richest man again: Report
Billionaire tycoon Gautam Adani has reclaimed the second spot on the global billionaires list of Bloomberg and Forbes, racing ahead of Amazon founder Jeff Bezos and Louis Vitton boss Bernard […]
Elon Musk says Starlink will seek exemption to Iranian sanctions
SpaceX CEO Elon Musk said on Monday that the company will ask for an exemption from sanctions against Iran to provide the firm’s Starlink satellite broadband service in the country. […]
US stocks edge higher ahead of expected interest rate hike: Report
Stocks edged higher in morning trading on Wall Street Monday as investors brace for another big interest rate increase this week from the Federal Reserve. The S&P 500 rose 0.2% […]
Markets close in green as Sensex up by 300 points; Nifty gains 91 points
Benchmark indices bounced back on Monday after a three-day fall, largely helped by buying in banking counters. After a weak beginning, the 30-share BSE Sensex recovered the lost ground and […]
After acquiring Ambuja Cements & ACC, Adani Group says ‘planned to double…’
Days after completing a USD 6.5 billion acquisition of Ambuja Cements and ACC, billionaire Gautam Adani said his group has planned to double cement manufacturing capacity and become the most […]
Markets opening bell: Sensex at 58,762; Nifty drops below 17,520
Shares were mostly flat on Monday, beginning the week on a cautious note, as investors awaited a host of central bank meetings this week to gauge the impact of rate […]
Direct tax kitty swells 30% in a sign of recovery
New Delhi: Gross direct tax revenues in India rose 30% year-on-year to over ₹8.36 lakh crore till September 17 of the current financial year, with significant jumps in corporate and […]
Money Is Like Mobile Battery, Use It Only When Necessary: Debobrato Mukherjee, Founder & CEO, NPD Security
The walls of Debobrato Mukherjee’s office are lined with certificates, awards, and accreditations he has received. Debobrato Mukherjee has an enviable collection, rivalling, maybe even surpassing, those of many executives […]
Public sector banks give digital lending a push as part of EASE reform agenda
Public sector banks are fast adapting to digital means as they have cleared digital lending of ₹83,091 crore in the financial year ending March 2022. As part of EASE 4.0 […]
Sept 30 deadline for Demat account holders to enable 2-factor authentication
Written by Harshit Sabarwal | Edited by Sohini Goswami, New Delhi All demat account holders would have to enable the two-factor authentication by September 30 to continue using their accounts. […]
Pakistani food importers at mercy of grey market owing to dollar crunch: Report
Pakistani importers of food from Afghanistan and Iran have been relying on the grey market to make payments since they are not allowed to buy dollars from banks or exchange […]
80 lakh frontline jobs created in India in FY22, maximum workers are from these states: Report
More than eight million frontline jobs were created in the financial year 2022, witnessing a surging demand for frontline workers because of a rapid rise in jobs in delivery and […]
India economic growth to be sustained by consumer spending rebound, says govt: Report
Reuters | | Posted by Aryan Prakash A sharp rebound in consumer spending and rising employment will sustain economic growth in India in the months ahead, the government said in […]
On PM Modi’s birthday, here are 5 public schemes introduced by him
Prime Minister Narendra Modi is celebrating his 72nd birthday today. After assuming office in 2014, Modi has introduced several public welfare schemes in the past eight years in office. During […]
Udan scheme: Jamshedpur, India’s steel city, to be re-connected by air in Oct
The steel city of Jamshedpur is all set to have air connectivity under the Union government’s Udan scheme soon, said a senior official of Jharkhand’s East Singhbhum district. Air services […]
Adani Group acquires Ambuja Cements and ACC: Report
The Adani family on Friday said it has completed the acquisition of Ambuja Cements & ACC Ltd and has become country’s second largest cement player. Adani family, through their special […]
Gautam Adani’s elder son Karan to oversee newly acquired cement firms: Report
Written by Harshit Sabarwal | Edited by Aryan Prakash, New Delhi Karan Adani, the elder son of the world’s third richest man Gautam Adani, will oversee the Adani Group’s newly […]
Closing bell: Sensex crashes by nearly 1,100 points; Nifty too closes in red
Benchmark indices faced severe drubbing on Friday, with the Sensex and Nifty falling nearly 2 per cent each amid feeble global market trends. Foreign fund outflows and fears of recession […]
Gautam Adani, Elon Musk sole wealth gainers in Top 10 Forbes billionaires list
Billionaire Gautam Adani has become the world’s second richest man as per Forbes’ list. He pipped Louis Vitton boss Bernard Arnault by a whisker to achieve the feat. The 60-year-old […]
Asus ROG Zephyrus Duo 16 makes you wonder: Are two screens better than one?
Is it just us, or do you also often feel that more display real estate is incredibly useful while getting work done? Multi-windows for apps, quick controls or a second […]
What is mutual fund portfolio overlap and how to avoid it?
Diversification is believed to be the cornerstone of a successful investment strategy. However, as is the case with most things in life where balance is the secret ingredient for achieving […]
Planning PLI for grid-level energy storage, says power minister RK Singh
Union power minister RK Singh said the government was planning to come up a production-linked incentive (PLI) scheme for grid-level renewable energy storage. “The extent will be up to 50 […]
Adobe builds collaborative design muscle with $20 billion deal for Figma
Adobe Inc will buy startup Figma for about $20 billion in its biggest deal, the Photoshop maker said on Thursday, bulking up on applications that support online collaboration amid a […]
Ramdev to announce IPO plans of Patanjali Group tomorrow: Report
Written by Harshit Sabarwal | Edited by Aryan Prakash, New Delhi Yoga guru Ramdev will announce the initial public offering (IPO) plans of the Patanjali Group companies on Friday during […]
Saudi Arabia overtakes Russia to be India’s No. 2 oil supplier in August
Saudi Arabia emerged as the second-biggest oil supplier to India after a three-month gap, overtaking Russia by a thin margin, while Iraq retained the top spot in August, data from […]
Markets Opening Bell: Sensex opens above 60,600; Nifty at 18,086
Published on Sep 15, 2022 09:24 AM IST Sensex gains 280 points to open above 60,600; Nifty at18,086 Markets Opening Bell: A general view of the Bombay Stock Exchange (BSE).(Reuters) […]