business

Explained: What is hallmarking of gold jewellery, and why has it been made mandatory from today
india

Explained: What is hallmarking of gold jewellery, and why has it been made mandatory from today

Hallmarking is a purity certification issued by the Bureau of Indian Standards on gold jewellery and items of purity 14, 18 and 22 carats

Retail inflation rises to 5.52% in March due to higher food prices, shows govt data
business

Retail inflation rises to 5.52% in March due to higher food prices, shows govt data

The rate of price rise in the food basket accelerated to 4.94 percent in March from 3.87 percent in the preceding month, as per data released by the NSO

Finance ministry allows all private sector banks to participate in government-related businesses
business

Finance ministry allows all private sector banks to participate in government-related businesses

This step is expected to further enhance customer convenience, spur competition and raise efficiency in customer services, a ministry statement said

e-Shram generates hope for unorganised sector workers, but hardships won't disappear overnight
india

e-Shram generates hope for unorganised sector workers, but hardships won't disappear overnight

While the economy has shown signs of recovery after contracting in the first two quarters of the 2020-21 financial year, experts say the road to complete recovery would be a long one

Swiggy, Zomato to collect 5% GST from customers starting 1 Jan, 2021; here's how much you will have to pay
business

Swiggy, Zomato to collect 5% GST from customers starting 1 Jan, 2021; here's how much you will have to pay

Nirmala Sitharaman made the announcement after the GST Council meeting, which has made the decision for ease in tax administration.

Not right time to bring fuel products under GST, says Nirmala Sitharaman
business

Not right time to bring fuel products under GST, says Nirmala Sitharaman

The Council decided to continue keeping petrol and diesel out of the GST purview as subsuming the current excise duty and VAT into one national rate would impact revenues

Swiggy, Zomata to collect GST from customers, fuel to stay of ambit: Key decisions
business

Swiggy, Zomata to collect GST from customers, fuel to stay of ambit: Key decisions

Bringing the food-delivery apps under GST, the finance ministry clarified that no new taxes were being announced, and that the GST collection point was simply being transferred

Market roundup: Sensex falls by 125 points, Nifty ends at 17,585; today's top gainers and losers
business

Market roundup: Sensex falls by 125 points, Nifty ends at 17,585; today's top gainers and losers

The top gainers of BSE Sensex were Kotak Bank, HDFC Bank, Bharti Airtel, Maruti, and Nestle India. The biggest losers were Tata Steel, SBI, TCS, Hindustan Unilever, and Reliance

SBI revamps Pension Seva website, see checklist of facilities offered to pensioners here
business

SBI revamps Pension Seva website, see checklist of facilities offered to pensioners here

Pensioners can avail themselves of a variety of services at the website https://www.pensionseva.sbi/ and manage their pension-related services easily

GST Council to meet today: A simple understanding of the tax reform
business

GST Council to meet today: A simple understanding of the tax reform

Here's a decoder to help you to understand the whats, whys and hows of GST

Indian economy's prospects brightening as COVID-19 second wave recedes, says RBI
business

Indian economy's prospects brightening as COVID-19 second wave recedes, says RBI

"In August, we believe that India passed a turning point which consolidates and thrives come September," said the article authored by a team lead by RBI Deputy Governor Michael Debabrata Patra.

Market Roundup: Sensex crosses 59,100 mark, Nifty ends at 17,629; today's top gainers and losers
business

Market Roundup: Sensex crosses 59,100 mark, Nifty ends at 17,629; today's top gainers and losers

While the Sensex gained 417.96 points to end at 59,141.16, Nifty went up by 110.05 points to end at 17,629.50.

GST Council meeting on Friday; tax concession to 11 COVID drugs, bringing petrol and diesel under GST on cards
business

GST Council meeting on Friday; tax concession to 11 COVID drugs, bringing petrol and diesel under GST on cards

Tax rate on Amphotericin B, Tocilizumab was cut to 'Nil', while Remdesivir and Heparin was reduced to five percent in June 2021.

Gold and Silver price today: Check rates of precious metals in Delhi, Mumbai and other cities
business

Gold and Silver price today: Check rates of precious metals in Delhi, Mumbai and other cities

The price of gold has reportedly observed no change since yesterday, hence, the yellow metal (24 carat) is being sold at Rs 47,330 per ten grams

Centre to sell 5% stake in Hindustan Copper via OFS, shows regulatory filing to BSE
business

Centre to sell 5% stake in Hindustan Copper via OFS, shows regulatory filing to BSE

Hindustan Copper Ltd, a public sector undertaking under the administrative control of the Ministry of Mines, was incorporated in November 1967

Received financial bids for Air India disinvestment, says Centre; Tatas among suitors
business

Received financial bids for Air India disinvestment, says Centre; Tatas among suitors

The stake sale process, which begun on January 2020, faced delays due to the COVID-19 pandemic

Teleform sector reforms to ensure fearless investment, support India's digital ambitions, says Sunil Mittal
business

Teleform sector reforms to ensure fearless investment, support India's digital ambitions, says Sunil Mittal

Bharti Airtel said the reform package heralds a new dawn for the Indian telecom industry and will catalyse explosive growth of this vital sector

SpiceJet to launch 38 new flights between 15 and 25 September, revive link to and from Dubai
business

SpiceJet to launch 38 new flights between 15 and 25 September, revive link to and from Dubai

The airline said it will resume flights to and from Dubai, connecting it with Mumbai, Delhi, Ahmedabad, Kochi, Kozhikode, Amritsar and Mangaluru

Market roundup: Sensex ends 476 points up, Nifty closes at 17,519; check top gainers and losers
business

Market roundup: Sensex ends 476 points up, Nifty closes at 17,519; check top gainers and losers

BSE SmallCap performed in the green with a rise of 241.62 points, rising by 0.86 percent to end at 28,284.07. BSE MidCap also performed positively, recording a hike of 0.65 percent or 162.69 points to end at 25,215.96