Latest News
- My priority is to see J&K as a progressive and vibrant economy: G C Murmu, first Lieutenant Governor, J&K
- Pak's new map shows Kashmir as its part, India terms it an "exercise in political absurdity"
- Andhra Pradesh reports 9,747 Covid cases, crosses 1.76 lakh mark, death toll cross 1,600
- India, Russia discuss prevailing LAC situation; annual summit outcomes
- Two huge explosions rock Beirut, dozens wounded
- A historical and emotional day for me: LK Advani on Ram temple ceremony
- Andhra High Court orders status quo on shifting offices away from Amaravati
- Road fatalities in Assam are on declining trend
- Affordable Rental Housing scheme: Centre to sign agreements with states within a month
Latest Business News
Refresh- Gold tops $2,000, India takes cues as price hits record of Rs 54,480 ex GST
The August contract, which expires tomorrow, traded at.a premium of Rs 54,560, indicating that sellers could have deferred delivery to October.
- Purchase intent for cars has not slowed down post Covid-19 outbreak, digital media is driving purchases
Data from Google India shows more than 90% of car buyers turn to online search seeking information from carmakers and brand websites, YouTube, and professional and consumer reviews.
- Auto industry needs boosters to come out of slowdown: JK Tyres Chairman Raghupati Singhania
India’s automotive industry needs a series of boosters including an early announcement of the vehicle scrappage policy to come out of the slowdown, which was exacerbated by the coronavirus pandemic, JK Tyre & Industries chairman Raghupati Singhania said.
- Weak dollar no boon for emerging markets this time
The greenback plummeted by its most in a decade in July and US Treasury yields fell to record or multi-year lows, pressured by a soaring COVID-19 caseload and Federal Reserve pledges to keep monetary policy loose.
- Sula Vineyards to cash on Singapore’s new love for home wining and dining amid Covid-19 outbreak
Rajeev Samant, founder of Sula Vineyards, said, “Singapore is a thriving wine hub. The Singaporean consumer now has the choice of experiencing our wines in these difficult times while staying safe.”
- Brent on track for a five-month high on US stimulus hopes
Brent futures rose 30 cents, or 0.7%, to $44.45 a barrel by 12:25 p.m. EDT (1625 GMT), while US crude rose 59 cents, or 1.4%, to $41.60.
- Gold peaks near $2,000/oz on signs of progress in US stimulus aid
Bullion has surged about 31% so far this year, supported mainly by lower interest rates and widespread stimulus by global central banks to ease the economic blow from the pandemic.
- Best time to lend, confident on capacity to take risks: SBI Chairman Rajnish Kumar
In an exclusive conversation with Saloni Shukla & MC Govardhana Rangan, Kumar also said that the bank was all open for business and would not hesitate to fill any good lending opportunities vacated by the private sector.
- BP halves dividend after record loss, speeds up reinvention
All major oil companies suffered in the second quarter as lockdowns to contain the new coronavirus limited travel and oil prices fell to their lowest in two decades.
- Cigniti Tech Q1 results: Net profit remains flat at Rs 29 cr
The consolidated revenue of Cigniti Technologies declined by about 6 per cent at Rs 218.40 crore during the reported quarter compared to Rs 233.04 in the corresponding quarter of 2019-20.
- My priority is to see J&K as a progressive and vibrant economy: G C Murmu, first Lieutenant Governor, J&K
We have to promote Kashmiri identity. We are making a political system in a way that everyone has his or her say in it. The number of youngsters joining militant ranks is coming down, says Lieutenant Governor of J&K.
- Jwalamukhi Investment Holdings, Westbridge Crossover Fund sell Greenlam shares worth Rs 124 cr
According to the bulk deal data available on the BSE, Jwalamukhi Investment sold 215,344 shares of Greenlam Industries, while Westbridge Crossover sold 19,01,342 shares.
- Sebi slaps fines of Rs 39 lakh on KTPL, four individuals
An investigation was conducted into the shares of Kavveri Telecom Products Ltd (KTPL) for the August 1, 2012 to November 5, 2012 period.
- 96 per cent of 60,000 ventilators being procured are indigenous: Health Ministry
The Union Health Ministry on Tuesday said about 96 per cent of the 60,000 ventilators being procured by the government are indigenous and most of them have been sponsored by the PMCARES fund.
- Adani Ports SEZ to list $750 mn bonds on India INX
The bonds will be listed on India INX's Global Securities Market, which connects global investors with Indian and foreign issuers.
- High taxes creating affordability issue for aspiring car owners: Maruti Suzuki
Taxes on cars in India, which are higher than in any other vehicle manufacturing country in the world, have created affordability issue for many aspiring car owners, according to Maruti Suzuki India (MSI) Chairman RC Bhargava.
- Pak's new map shows Kashmir as its part, India terms it an "exercise in political absurdity"
“We have seen a so-called “political map” of Pakistan that has been released by Prime Minister Imran Khan. This is an exercise in political absurdity, laying untenable claims to territories in the Indian State of Gujarat and our Union Territories of Jammu & Kashmir and of Ladakh,“ MEA stated dismissing decision by Pakistan.
- Spencers to raise Rs 80 crore in maiden rights issue
The retailer is offering 1,06,04,563 rights equity shares of Rs 5 each at an issue price of Rs 75 per equity share, including premium of Rs 70.
- Tata Consumer Products Q1 results: Profit up 82% at Rs 346 cr
Revenue from operations was up 13.44 per cent to Rs 2,713.91 crore during the quarter under review as against Rs 2,392.36 crore in the corresponding period of the last fiscal.
- Andhra Pradesh reports 9,747 Covid cases, crosses 1.76 lakh mark, death toll cross 1,600
The state over the last 24 hours suffered 67 Covid deaths, which takes the total death toll to 1,604 so far. AP reported 6,953 recoveries over the last 24 hours to take the total recovered so far to 95,625 persons while it saw 79,104 active cases by Tuesday.
- TCS, 2 others shortlisted for implementation of RBI's market surveillance system
The Reserve Bank of India had received responses from several vendors for implementation of Integrated Market Surveillance System (IMSS) after it invited Expression of Interest (EOI) in July last year.
- Softbank backed Oyo Hotels & Homes begins restoring salaries of employees
Softbank backed Oyo Hotels & Homes has announced it is restoring full salaries of employees with a fixed compensation of upto Rs 8 lakh and will gradually restore salaries of all other employees by December this year.
- Airtel shareholders approve VSAT operations merger scheme
In May last year, telecom operator Bharti Airtel and Hughes Communications India Ltd (HCIL) said they will combine their VSAT (very-small-aperture terminal) satellite operations in the country, with Hughes holding a majority stake in the merged entity.
- India, Russia discuss prevailing LAC situation; annual summit outcomes
Sources told ET that conversation was extremely productive, warm and marked by cordiality. It may be recalled that Russia has emerged as a political factor in the current Sino-Indian standoff and playing an important but low key role in defusing the tensions. Moscow has also assured defence supplies as per Indian requirements.
- Two huge explosions rock Beirut, dozens wounded
The explosion appeared to be centred around Beirut's port and caused wide scale destruction and shattered windows miles away. The blasts were heard as far away as Nicosia on the eastern Mediterranean island of Cyprus, 240 kilometres (150 miles) away.
- Indian IT to see little impact due to Donald Trump ban on H-1B workers in federal contracts
US President Donald Trump's ban on federal agencies employing H-1B visa holders will have little impact on India's IT industry, as most software services providers hire local employees to service government customers.
- A historical and emotional day for me: LK Advani on Ram temple ceremony
Advani, who will turn 93 this November, will not be attending the ceremony at Ayodhya on Wednesday.
- Crisil top boss approaches Bombay High Court to restrain unauthorised use of her pictures
Taking cognizance of her petition, a single-judge bench of the Bombay High Court has granted interim relief to Suyash and has restrained defendants from displaying, exhibiting, advertising or utilizing her image in any manner until further order. The court has also directed internet service providers across the country from facilitating access to all websites and apps displaying Suyash’s image/likeness without her consent.
- Andhra High Court orders status quo on shifting offices away from Amaravati
The Reddy government, which wants to set up the executive capital at Visakhapatnam, judicial capital at Kurnool and confine Amaravati as mere legislative capital, obtained approvals of the Assembly to the bills and also the nod of the Governor last week.
- Road fatalities in Assam are on declining trend
“For the first time, road accident fatalities have seen a decline of 8 percent during January to March, 2020 as compared to the same period of 2019. Likewise, road accident fatalities declined by 27 percent during January to June, 2020 as compared to same period of 2019," claimed Transport Minister Chandra Mohan Patowary .
- NSE-BSE bulk deals: Fund houses offload Aarti Surfactants
In a series of bulk deals on BSE, HDFC Mutual Fund and DSP Mutual Fund offloaded shares of Aarti Surfactants, which were bought by Haresh Kunvarji Chheda HUF, Chandrakant V Gogri, Mulraj Chandulal Gala, Jaya Chandrakant Gogri.
- Affordable Rental Housing scheme: Centre to sign agreements with states within a month
Union Housing and Urban Affairs Secretary Durga Shanker Mishra said during an online media interaction that in Delhi, there are around 32,000 flats available under the scheme while Faridabad has around 1,000 dwelling units. He said the memoranda of agreement will be signed with states within a month.
- JPC on data bill summons Facebook for deposition on August 10
The committee last sought stakeholder feedback in February and wrote to companies and institutions asking for a presentation, which will support the “oral submission” that they make when they appear before the committee.
- People's trust and confidence in economy have evaporated, tweets Rahul Gandhi
The former Congress president has been critical of the Modi government in the handling of the economy over the past few years.
- COVID-19 ushering in new reality for digital technologies: N Chandrasekaran
Chandrasekaran said that even where our education and health systems are world-class, a majority of the country’s vast population does not have access to them. Digital technologies can help overcome this challenge.
- Assam's Cachar district on high alert ahead of bhoomi puja of Ram Mandir in Ayodhya
The administration has deputed Executive Magistrates to look after specific areas. In an order issued to this effect on Tuesday, the administration has deputed Executive Magistrate cum Circle Officer, Udharbond, Jayanta Chakraborty to look after Udharbond and Borkhola Police Station areas.
- Death toll in Bihar flood climbs to 19; 63.60 lakh people affected in 16 districts
With six more deaths, the toll in Bihar flood on Tuesday climbed to 19, as 63.60 lakh people were affected in 16 districts of the state, Disaster Management Department bulletin said.
- Ahead of Market: 12 things that will decide stock action on Wednesday
Here’s a look at what some of the key indicators are suggesting for Wednesday's action.
- BJP in Assam has barred general secretaries from contesting the next year’s assembly polls
Ruling BJP in Assam is targeting to win 100 plus seats in the assembly polls slated for early next year. BJP has 61 MLAs while its allies Asom Gana Parishad (AGP) and Bodoland Peoples Front (BPF) had won 14 and 12 seats respectively in assembly polls in 2016.
- COVID-19: Tamil Nadu reports over 100 deaths for the second day in a row
On Monday, 109 people died on account of the infection, the highest ever single-day spike in deaths. The number of positive cases, however, decreased to 5,063 on Tuesday from 5,609 on Monday, offering some relief as the state had been reporting nearly 7,000 cases almost every day last week.
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