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

DICGC asks 21 stressed cooperative banks to prepare list of account holders
business

DICGC asks 21 stressed cooperative banks to prepare list of account holders

DICGC has also asked the banks to circulate consent forms to account holders for accessing funds up to Rs 5 lakh as per the amended law within 90 days

Auto-debit transactions/payment rules to change from 1 October; what this means for customers
business

Auto-debit transactions/payment rules to change from 1 October; what this means for customers

Customers will have the liberty or facility to cancel, view, or modify any standing instructions set on their card.

China's real estate giant Evergrande is in a crisis but it is no 'Lehman moment' to trigger a global collapse
world

China's real estate giant Evergrande is in a crisis but it is no 'Lehman moment' to trigger a global collapse

While predominantly a developer, Evergrande — which employs 200,000 people, has a presence in more than 280 cities and claims to indirectly generate 3.8 million Chinese jobs — has been on a buying spree for more than a decade

Zee Entertainment approves in-principle merger with Sony Pictures; Punit Goenka to lead new entity
business

Zee Entertainment approves in-principle merger with Sony Pictures; Punit Goenka to lead new entity

The merger will combine both companies' linear networks, digital assets, production operations and program libraries

Goldman Sachs says India could surpass UK as world's fifth largest stock market by 2024
business

Goldman Sachs says India could surpass UK as world's fifth largest stock market by 2024

Indian start-ups have raised $10 billion through IPOs so far this year — more money than was raised in the last three years, the investment bank said in a report dated 19 September

Market roundup: Sensex ends 514 points higher, Nifty at 17,562; today's top gainers and losers
business

Market roundup: Sensex ends 514 points higher, Nifty at 17,562; today's top gainers and losers

Sensex went up by 514.34 points to end at 59,005.27 while Nifty ended at 17,562.00 after a gain of 165.10 points.

Global investors rattled as Evergrande struggles with debt: All you need to know about China's biggest builder’s troubles
business

Global investors rattled as Evergrande struggles with debt: All you need to know about China's biggest builder’s troubles

Evergrande is the biggest casualty yet from the ruling Communist Party’s effort to rein in surging debt levels Beijing sees as a possible threat to the economy.

How Ford's dated product line-up, low demand left it uncompetitive and led to its India exit
business

How Ford's dated product line-up, low demand left it uncompetitive and led to its India exit

It is quite apparent like its predecessors General Motors and Harley-Davidson, Ford too failed to create a space for itself in the highly competitive and price-sensitive Indian auto market

Market roundup: Sensex falls by 524 points, Nifty ends at 17,396; top gainers and losers
business

Market roundup: Sensex falls by 524 points, Nifty ends at 17,396; top gainers and losers

Sensex fell by 524.96 points to end at 58,490.93 while Nifty ended at a loss of 188.25 points at 17,396.90.

Market cap of four of top-10 most-valued cos jumps Rs 65,464 cr; Airtel, SBI lead gainers
business

Market cap of four of top-10 most-valued cos jumps Rs 65,464 cr; Airtel, SBI lead gainers

During the last week, BSE jumped 710 points or 1.21 percent, while market benchmark Sensex scaled the 59,000-mark for the first time

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