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

Air India has until mid-July to challenge Cairn's lawsuit in US court: Report
business

Air India has until mid-July to challenge Cairn's lawsuit in US court: Report

Cairn has identified $70 billion worth of Indian assets overseas for potential seizure to collect award, which now totals to $1.72 billion after including interest and penalty

FinMin negates reports claiming rise in Swiss bank deposits, but seeks clarification from authorities
business

FinMin negates reports claiming rise in Swiss bank deposits, but seeks clarification from authorities

The ministry noted that customer deposits have actually fallen from the end of 2019. The funds held through fiduciaries have also more than halved from 2019-end.

Market Roundup: Sensex down by 21 points, Nifty closes at 15,683; top gainers and losers
business

Market Roundup: Sensex down by 21 points, Nifty closes at 15,683; top gainers and losers

With gains led by banks, financials and IT, the BSE Sensex gained 218 points and was trading at 52,541 and NSE Nifty was trading at 15,744 after it shot up by 53 points at 9.18 am

India retains 43rd rank on IMD's World Competitiveness Index; Switzerland tops list
business

India retains 43rd rank on IMD's World Competitiveness Index; Switzerland tops list

India has maintained its position for the past three years but this year, it had significant improvements in government efficiency, Institute for Management Development said

Indian funds in Swiss banks rise to over Rs 20,700 crore, highest in 13 years
business

Indian funds in Swiss banks rise to over Rs 20,700 crore, highest in 13 years

The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend

Market Roundup: Sensex down by 178 points; Nifty closes at 15,691; top gainers and losers at the bourses
business

Market Roundup: Sensex down by 178 points; Nifty closes at 15,691; top gainers and losers at the bourses

Share market on 17 June: UltraTech, TCS, Infosys and Asian Paint were among the top gainers Thursday as the stock market ended the day in the red

Sensex drops over 300 points in early trade, Nifty slips below 15,700; Asian Paints gains, Tech Mahindra disappoints
business

Sensex drops over 300 points in early trade, Nifty slips below 15,700; Asian Paints gains, Tech Mahindra disappoints

Sensex Nifty today: The 30-share BSE index was trading 302.80 points or 0.58 percent lower at 52,199.18 in initial deals and the broader NSE Nifty declined 93.70 points or 0.59 percent to 15,673.85.

Market Roundup: Sensex down by 271.07 points, Nifty closes at 15,767.55; today's top gainers and losers
business

Market Roundup: Sensex down by 271.07 points, Nifty closes at 15,767.55; today's top gainers and losers

At the closing bell, Sensex was 52,501.98, down by 271.07 points or 0.51 percent. Nifty closed at 15,767.55 after losing 101.70 points or 0.64 percent

'Blatantly erroneous and misleading': Adani Group rejects report on FPI account freeze
business

'Blatantly erroneous and misleading': Adani Group rejects report on FPI account freeze

Shares of Adani group companies plunged on Monday after reports that the National Securities Depository Ltd froze the accounts of the three foreign funds that are among the top stakeholders in the firms

Market Roundup: Sensex up by 76 points, Nifty closes at 15,811; today's top gainers and losers
business

Market Roundup: Sensex up by 76 points, Nifty closes at 15,811; today's top gainers and losers

Amidst mixed global cues, the domestic market indices opened flat on Monday. At the closing bell, Sensex was at 52,551.53 after gaining 76.77 points. Nifty closed at 15,811.85. It gained 12.50 points.

Gold in Delhi plunges to Rs 464; silver declines by Rs 723 to Rs 70,420 per kg
business

Gold in Delhi plunges to Rs 464; silver declines by Rs 723 to Rs 70,420 per kg

In the international market, gold was trading lower at $1,858 per ounce and silver was flat at $27.70 per ounce.

Adani Group stocks tumble up to 25% amid reports of NSDL freezing three FPI accounts
business

Adani Group stocks tumble up to 25% amid reports of NSDL freezing three FPI accounts

Adani Enterprises tumbled 24.99 percent, while Adani Ports and Special Economic Zone plummeted by 18.75 percent on the BSE

Market Roundup: Sensex, Nifty end week on a high; today's top gainers and losers
business

Market Roundup: Sensex, Nifty end week on a high; today's top gainers and losers

At the closing bell, the Sensex was trading 174.29 points higher at 52,474.76, while the Nifty 50 closed at 15,799.35 after increasing 61.60 points

Tata Digital to acquire majority stake in digital pharma company 1MG
business

Tata Digital to acquire majority stake in digital pharma company 1MG

The investment in 1MG strengthens Tata's ability to provide high quality healthcare products and services in e-pharmacy and e-diagnostics space through a technology-led platform, said CEO of Tata Digital

Market Roundup: Sensex up by 358 points, Nifty closes at 15,737; today's top gainers and losers
business

Market Roundup: Sensex up by 358 points, Nifty closes at 15,737; today's top gainers and losers

Equity benchmarks returned to winning ways on Thursday after two days of declines as investors snapped up financial, pharma and IT stocks amid firm Asian cues

WTO members agree to intensify talks on patent waiver for COVID-19 vaccines, treatments
business

WTO members agree to intensify talks on patent waiver for COVID-19 vaccines, treatments

Since October, the WTO has faced calls led by India and South Africa to ease patents, in what proponents argue will boost production in developing countries of vaccines, treatments needed to battle COVID-19