[ad_1] NEW DELHI: India’s mercantile exports in September grew by 4.82% at $35.45 billion compared to $33.81 billion in the same month last year notwithstanding the slump in global demands, […]
Category: Business
Business
India’s daily petroleum consumption growing faster than global average: Puri
[ad_1] NEW DELHI: India’s petroleum consumption is currently about 5 million barrels per day, which is growing at 3%, higher than the average global growth rate of around 1%, Union […]
Markets close week in green; Sensex up 685 points to 57,920, Nifty at 17,186
[ad_1] Equity benchmarks Sensex and Nifty ended over 1 per cent higher on Friday, helped by heavy buying in Infosys and banking stocks amid a rally in global stock markets. […]
Apple AirPods Pro’s second gen is more about the same, yet better in every way
[ad_1] Do not at all be surprised that it took Apple this long to usher in the second generation of the AirPods Pro wireless earbuds, first launched in late 2019. […]
Elon Musk being investigated by US authorities over Twitter deal: Court filing
[ad_1] Twitter Inc.’s lawyers asked a Delaware court for access to correspondence between Elon Musk and federal authorities investigating him in connection with his attempt to take the social media […]
Decathlon reverses its name to ‘NOLHTACED’ in 3 Belgian cities. Here’s why
[ad_1] In a bid to promote reverse shopping, sporting goods giant Decathlon has decided to reverse its name for a month. Now three cities in Belgium will have stores with […]
US stocks sink as inflation beat seals jumbo hike
[ad_1] US stocks plunged and Treasury yields spiked after a hot inflation reading all but assured another large Federal Reserve rate increase. The S&P 500 sank more than 2%, trading […]
RBI missing its inflation projection over last 2.5 years, say economists: Report
[ad_1] India’s central bank has been consistently missing its inflation projections over the last two and half years mainly due to extreme weather conditions that drove up food prices, economists […]
Google Pixel 7 Pro is the absolute no-nonsense Android flagship
[ad_1] It had been a while. A gap of a few years, and India is back on Google’s radar for the flagship Pixel smartphones. And from what the company insists, […]
Americans will pay the most in 25 years to stay warm this winter: Report
[ad_1] Americans trying to keep warm this winter are poised to spend the most on heating in at least 25 years. US households face an average power bill of $1,359 […]
Cameras and Photos smarts give the Google Pixel 7 an almost unfair advantage
[ad_1] Google appears to have re-found its focus for the Indian market. While the launch of the Pixel 6a a few months ago may now feel mistimed, amidst the wider […]
Retail inflation at 7.41% for September, highest in five months
[ad_1] Retail inflation accelerated in September to a five-month high of 7.41% year-on-year, driven by surging food prices, raising fears of further rate hikes when the central bank meets for […]
G20 has a great potential to work towards global good: Sitharaman in US
[ad_1] Union finance minister Nirmala Sitharaman on Tuesday said the G20 has immense potential to work towards the “global good”, adding that the need to strengthen existing multilateral institutions affirmed […]
IMF chief economist says central banks’ inflation fight to last into 2024
[ad_1] Central banks’ fight against inflation may take another two years to play out, increasing unemployment and lowering living standards for many in the world, the International Monetary Fund’s chief […]
Dutch employee refuses to keep webcam on during work hours, gets fired: Report
[ad_1] A Dutch employee who was fired by his employer based in Florida for not keeping his webcam on during work hours has now won $72,000 ( ₹59.18 lakh) in […]
‘Worst to come… 2023 will feel like recession’: IMF warns, cuts India forecast
[ad_1] The International Monetary Fund on Tuesday cut India’s 2022 economic growth forecast to 6.8 per cent – down from a January projection of 8.2 per cent and in July […]
Rupee rises 5 paise to close at 82.35 against US dollar
[ad_1] The rupee consolidated in a narrow range and settled 5 paise higher at 82.35 (provisional) against the US dollar on Tuesday. At the interbank forex market, the local unit […]
Petrol and diesel prices today: Fuel prices unchanged. Check rates in your city
[ad_1] Petrol and diesel prices in India remained unchanged in several states on Tuesday. According to the fuel prices released by oil companies, Rajasthan’s Sriganganagar witnessed the highest fuel prices […]
Musk alleges Twitter ordered whistle-blower to destroy evidence of deal
[ad_1] Elon Musk alleges Twitter Inc. officials ordered a whistle-blower to destroy evidence of their missteps as part of a $7.8 million severance package at issue in a legal fight […]
Musk alleges Twitter ordered whistle-blower to destroy evidence of deal
[ad_1] Elon Musk alleges Twitter Inc. officials ordered a whistle-blower to destroy evidence of their missteps as part of a $7.8 million severance package at issue in a legal fight […]
Did not file ITR by due date or made errors in tax return? Here’s what you can do
[ad_1] Under the Income Tax Act, the deadline to file IT returns is July 31 of the relevant assessment year (AY). However, there are two exceptions as well. Assesses who […]
Competition Commission clubs complaints by news organations against Google: NBDA
[ad_1] NEW DELHI: The Competition Commission of India has clubbed complaints made by several news organisations alleging abuse of its dominant position by Google to dictate terms and conditions which […]
Global chip stocks tumble as Biden expands technology curbs on China: Report
[ad_1] Semiconductor stocks across the globe slipped Monday after fresh US curbs on China’s access to American technology added to a disappointing start to the earnings season, stoking concerns that […]
Rupee falls 39 paise to fresh lifetime low of 82.69 against US dollar
[ad_1] The rupee depreciated 39 paise to an all-time low of 82.69 against the US dollar in early trade on Monday as elevated crude oil prices and risk-averse sentiment among […]
Gross direct tax revenue jumps nearly 24% this fiscal
[ad_1] India’s direct tax revenue jumped 23.8% on an annualised basis to ₹8.96 lakh crore till October 8 of the current financial year as corporate and personal earnings rose significantly, […]
Bank of Maharashtra goes live on new direct tax collection system
[ad_1] State-owned Bank of Maharashtra (BoM) on Sunday said it has got its technology platform integrated with the Income Tax Department’s new direct tax collection system TIN 2.0. The Pune-based […]
Direct tax collection jumps 24% in first half of FY23
[ad_1] Gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year that started on April 1, the tax department […]
Fuel prices in India unchanged. Check latest info for your city
[ad_1] Fuel prices in India are reported to have remained unchanged for the 141st consecutive day on Sunday. In Delhi, the national capital, a litre each of petrol and diesel […]
Queen Elizabeth’s demise stopped rail strikes in UK. Now, they’re back
[ad_1] Train passengers in the United Kingdom were left in a lurch as more than 40,000 rail workers resumed their strikes following the mourning period of Queen Elizabeth II. According […]
How Biden is blocking China’s access to chip technology
[ad_1] The Biden administration published a sweeping set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world with […]
Transferred funds to wrong bank account? Here’s what you should do
[ad_1] Internet banking has made banking services, including sending money from one account to another, a matter of a few seconds. However, one has to be very careful while transferring […]
Transferred funds to wrong bank account? Here’s what you should do
[ad_1] Internet banking has made banking services, including sending money from one account to another, a matter of a few seconds. However, one has to be very careful while transferring […]
Explained: Why are IT firms in India facing shortage of contract staffers?
[ad_1] India’s information technology is facing a nearly 20 per cent dip in the demand for contractual staffers. The companies are now focussing on retaining their permanent workforce, Hindustan Times’ […]
Expanding 5G network coverage across urban centres likely by early next year
[ad_1] The first strains of 5G are still to reach our smartphones but behind the scenes are hectic efforts to get India closer to the much-awaited upgrade for its mobile […]
Rupee falls 15 paise to close at all-time low of 82.32 against US dollar: Report
[ad_1] PTI | | Posted by Aryan Prakash The rupee depreciated 15 paise to close at an all-time low of 82.32 (provisional) against the US dollar on Friday as a […]
RBI says e-rupee will bolster India’s digital economy, pilot launch soon
[ad_1] The Reserve Bank of India on Friday released a concept note on its digital currency, stating that it will soon begin the pilot launch e-rupee for specific use cases. […]
Markets close in red as Sensex drops to 58,191.29; Nifty settles at 17,314
[ad_1] Benchmark indices Sensex and Nifty closed marginally down in a volatile trade on Friday following profit booking in financials and IT shares amid a weak trend in global equity […]
Adidas stocks fall after putting Kanye West relationship under review
[ad_1] Adidas AG put its relationship with Kanye West under review amid growing acrimony between the designer and his closest corporate partner, sending shares of the German sports company lower. […]
Soon, these citizens will get banking services on their doorstep. Details here
[ad_1] Soon, more than 50 million citizens aged 70 and above, as well as a large number of specially abled people, may get basic banking services in the convenience of […]
World Bank cuts India’s GDP forecast to 6.5%, but there’s some positive news too
[ad_1] The World Bank on Thursday downgraded India’s GDP or gross domestic product to 6.5% for the fiscal year 2022-23 from an earlier estimate of 7.5%. In the previous year, […]
EPF subscribers unable to see interest credit in account, Centre issues clarification
[ad_1] The Union finance ministry has issued a statement for subscribers of the Employees’ Provident Fund Organisation (EPFO) who are unable to see the interest credit in their retirement savings […]
Stock markets rise for 2nd session, Sensex gains 156 points
[ad_1] Benchmark BSE Sensex rose by 156 points while the Nifty closed above the 17,300 level on Thursday after gains in metal, IT and capital goods shares amid foreign capital […]
Petrol and Diesel Prices Today, October 6: Fuel rates unchanged, check latest in your city
[ad_1] On Thursday, oil marketing companies (OMCs) kept fuel rates unchanged, which means that petrol and diesel prices have been steady for more than four months now. Therefore, in Delhi, […]
Gold and Silver Price Today: Buy at these rates in top Indian cities
[ad_1] Gold prices in the country have gone up once again. On Thursday, 10 grammes of 22 carat gold are available at ₹47,750, up from ₹47,350 a day ago, as […]
Goal of ending extreme poverty by 2030 won’t be met, says World Bank: Report
[ad_1] Shocks related to the Covid-19 pandemic and Russia’s war against Ukraine mean the world is unlikely to meet a longstanding goal of ending extreme poverty by 2030, the World […]
India, 4-nation EFTA bloc eye resumption of talks on free trade deal after 5 yrs
[ad_1] NEW DELHI: India and the European Free Trade Association (EFTA), a bloc that comprises Iceland, Liechtenstein, Norway and Switzerland, are eyeing the resumption of negotiations on a free trade […]
No charges on using RuPay credit card for UPI transactions less than ₹2,000
[ad_1] The National Payments Corporation of India (NPCI) in a circular has said unified payments interface (UPI) transactions up to ₹2,000 for RuPay credit card user won’t be charged. In […]
Morgan Stanley makes big prediction on Emerging and Asian stocks: Report
[ad_1] Emerging and Asian stocks are close to completing their current bear-market cycle, Morgan Stanley said, upgrading its view on the regions given more-than-average losses and attractive valuations. There’s a […]
Exclusive-Banks divert gold supply from India to China, Turkey: Report
[ad_1] 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 […]
Ukrainian economy will sink 35% this year, says World Bank
[ad_1] Devastated by Russia’s invasion eight months ago, the Ukrainian economy will plunge 35 per cent this year, the World Bank forecast on Tuesday. The war has destroyed factories and […]
Commerce minister Piyush Goyal to meet export promotion councils on October 7
[ad_1] Commerce and industry minister Piyush Goyal will meet different export promotion councils on October 7 to discuss ways to promote the growth rate in the country’s outbound shipments, an […]
Meta is closing one New York office with cutbacks looming
[ad_1] 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 […]
Gautam Adani, Elon Musk lose over ₹2 lakh crore in a day: Report
[ad_1] 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, […]
India’s exports dip by 3.52% to $32.62 billion in September: Govt data
[ad_1] 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, […]
IT graduates claim tech giants delaying onboarding: Report
[ad_1] 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 […]
Sensex down by 638 points to close at 56,789; Nifty settles at 16,878
[ad_1] 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 […]
Fighting financial illiteracy with light of financial awareness this Navratri
[ad_1] 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 […]
Starting today, banks to remain shut for 7 straight days. Check RBI holiday list before stepping out
[ad_1] 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 […]
These post office savings schemes now offer higher interest rates. Details here
[ad_1] 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 […]
Tulsi Tanti passes away; PM Modi pays tribute | All you need to know about Suzlon Energy founder
[ad_1] 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 […]
Axis Bank revises interest rates for domestic fixed deposits below ₹2 crore
[ad_1] 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 […]
Mukesh Ambani says will roll out high quality, more affordable 5G services
[ad_1] 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 […]
Tata Motors total domestic sales up 44% at 80,633 units in September: Report
[ad_1] 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 […]
Vi, CareGame try to prove relevance of cloud gaming as Google Stadia exits
[ad_1] 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 […]
September GST collection at ₹1.48 lakh crore, the third highest ever
[ad_1] 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 […]
GST collections up 26% to over ₹1.47 lakh crore in September
[ad_1] 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 […]
RBI hikes policy rate, cuts growth forecast
[ad_1] 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 […]
16 insurance firms caught evading GST worth ₹824 crore: Govt
[ad_1] 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 […]
DTH counters dipping subscriptions: Games, smart homes and OTT dictate agenda
[ad_1] 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 […]
Why is Mozilla so angry with Apple, Google, and Microsoft?
[ad_1] 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 […]
To avoid crowding during festive season, cost of platform ticket hiked here
[ad_1] 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 […]
Starting with banks, govt to push for filling positions reserved for SCs
[ad_1] 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 […]
GST officers detect ₹824 crore tax evasion by insurance companies
[ad_1] 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 […]
How to file EPF/EPS nomination digitally? Follow these steps
[ad_1] 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 […]
India defers six-airbags rule for cars by a year, cites supply chain constraints
[ad_1] 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 […]
India defers six-airbags rule for cars by a year, cites supply chain constraints
[ad_1] 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 […]
Reliance unveils its first in-house fashion store Azorte: Report
[ad_1] 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 […]
Firms, advertisers lash out at Twitter for ads next to child pornography accounts
[ad_1] 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 […]
Delhi govt writes to Centre with recommendations to simplify retail trade
[ad_1] 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 […]
India forex reserves set to shrink further, stir memories of 2008 crisis: Report
[ad_1] 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 […]
Centre’s nod to redevelop New Delhi, Mumbai CST and Ahmedabad railway stations
[ad_1] 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 […]
Do you use UPI for payments? Follow these tips by SBI for safe transactions
[ad_1] 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 […]
Number theory | In times of uncertainty, how resilient is India’s economy to global economic turmoil?
[ad_1] 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 […]
Tata Group in talks with Singapore Airlines to merge Vistara, Air India: Report
[ad_1] 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 […]
A guide to index investing
[ad_1] 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 […]
China will feel increasingly isolated, says billionaire Gautam Adani
[ad_1] 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 […]
Elon Musk, Twitter CEO Parag Agrawal to reschedule their depositions in legal battle: Report
[ad_1] 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 […]
GST collections in Sept may touch ₹1.5 lakh crore
[ad_1] 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 […]
India puts off new foreign trade policy by 6 months due to global upheaval
[ad_1] 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 […]
India records highest salary hike in 2022, races ahead of China: Report
[ad_1] 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 […]
Sensex crashes by over 800 points after US Fed hikes rates
[ad_1] 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 […]
Ahmedabad-based Light Microfinance secures ₹196 Cr in Series B funding
[ad_1] 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 […]
Hurun Rich List 2022: Who is Ravi Modi, whose net worth grew 376%?
[ad_1] 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 […]
Zerodha’s new fitness challenge for employees: ‘Burn at least 350 active calories a day…’
[ad_1] 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 […]
Ahead of 5G service launch, govt says targeting to cover entire country in 2 years
[ad_1] 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 […]
‘India-UK free trade agreement draft likely by Diwali’: London Lord Mayor
[ad_1] 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 […]
Rupee held its own against dollar. What about other currencies: FM Sitharaman
[ad_1] 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 […]
Elon Musk, Gautam Adani lose over ₹1 lakh crore: Report
[ad_1] 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 […]
1 out of 2 Indians planning to upgrade smartphones, reveals HT Media-Aroscop survey
[ad_1] 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 […]
7th Pay Commission: Govt to revise minimum qualifying service norms for promotion of employees
[ad_1] 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 […]