Business News
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Planning to invest in green deposits? Key things to know
In April 2023, the Reserve Bank of India (RBI) laid out specific rules for banks and Non-Banking Financial Companies (NBFCs) to accept "green deposits."
Zomato delivers record-breaking orders on New Year's Eve
Zomato rang in the New Year with a bang, experiencing an incredible surge in orders that surpassed all previous records.
Vodafone Idea jumps 15% to hit 52-week high
Vodafone Idea's stock price on Monday skyrocketed nearly 15% to a new 52-week high of Rs. 18.42 per share on the BSE,
Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
In the crypto world, Bitcoin has climbed 0.20% in the past 24 hours, trading at $42,339.67. It is 1.82% lower than last week.
Nifty50, Sensex trade in red: Check top gainers and losers
As the New Year began, the Indian stock market started with a rather uneventful opening on January 1.
IPOs in 2024: Ola Electric, PhonePe, Swiggy, FirstCry and others
Despite a sluggish start, the number of public issues on Dalal Street saw an uptick in 2023. A total of 57 public issues were launched, raising Rs. 49,437 crore.
Arvind Panagariya appointed as 16th Finance Commission Chairman
The Indian government has appointed Arvind Panagariya, a former NITI Aayog Vice Chairman and Columbia University professor, as the Chairman of the 16th Finance Commission.
China's manufacturing activity contracts for third consecutive month in December
China's manufacturing sector saw a decline for the third month in a row in December, according to a Purchasing Managers' Index (PMI) survey released by the National Bureau of Statistics.
M-cap of 8 most valued firms surges to Rs. 1,29,000cr
During the recent holiday-shortened week, the combined market valuation of eight of the top 10 most valued Indian companies jumped to Rs. 1,29,899.22 crore.
Last day to file ITR for FY2022-23 ends today
The clock is ticking for taxpayers, as the deadline to file Income Tax Returns (ITR) for the financial year 2022-23 is set for today (December 31).
Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, BNB, Solana
Bitcoin has gone up by 0.43% in the past 24 hours to trade at $42,231.04. Compared to last week, it is down by 3.64%.
Mumbai sees property registrations surge to 11-year high
Mumbai's property market, within the BMC jurisdiction, has hit an 11-year high in property registrations, according to a Knight Frank India report.
Inactive UPI accounts to be deactivated from January 1
Starting January 1, UPI accounts that haven't been used for a year or more will be deactivated, according to a circular from the National Payments Corporation of India (NPCI).
'UPI for secondary market' launches on Monday: What it is
The National Payments Corporation of India (NPCI) will launch 'UPI for secondary market' beginning with a beta phase for the equity cash segment on January 1, 2024.
At Rs. 1.75L crore, Indian equities see highest-ever foreign inflows
In 2023, foreign portfolio investors (FPIs) have invested a record-breaking Rs. 1,74,663 crore into the Indian stock market, surpassing the previous high of Rs. 1,72,849 crore in 2020.
Cryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, Tether, Solana
Bitcoin has slipped 1.37% in the past 24 hours and is currently trading at $42,050.87. It is 3.40% lower than the week before.
FTX founder Sam Bankman-Fried won't face second trial: Here's why
Sam Bankman-Fried, co-founder of FTX crypto exchange, won't face a second trial after being found guilty of fraud and money laundering last month.
Interest rates raised on select small savings schemes for Jan-Mar
The Government of India has announced an uptick in interest rates for two small savings schemes in the January-March 2024 quarter.
India's core sector growth slows to 7.8% in November
India's eight core industries experienced a growth of 7.8% in November 2023, marking the lowest increase in half a year, according to data from the Ministry of Commerce and Industry.
Richest 500 people rebound with $1.5 trillion gain in 2023
The world's 500 wealthiest individuals saw their combined net worth skyrocket by $1.5 trillion in 2023, according to the Bloomberg Billionaires Index.
Banks, NBFCs to stop compounding penalties from April 1, 2024
The Reserve Bank of India (RBI) has pushed back the deadline, for implementing updated guidelines on penal interest and penalty charges for loan accounts, by three months.
GST Council extends deadline to recover FY19, FY20 tax dues
The Goods and Services Tax (GST) Council has decided to give tax officials more time to demand and recover tax dues from businesses for the financial years 2019 (FY19) and 2020 (FY20).
India's April-November fiscal deficit narrows to 50.7% of FY24 target
India's fiscal deficit for the first eight months of the current financial year, from April to November, reached Rs. 9.07 lakh crore.
Tata Motors is only Nifty50 stock to double this year
Tata Motors's stock price jumped 6.5% to Rs. 802.90 on the final session of the year, becoming the only Nifty50 stock to double in 2023.
Sensex tanks 170 points, Nifty settles near 21,730 mark
On Friday, the benchmark Sensex and Nifty indices witnessed a fall.
Amazon Pay India's FY23 revenue growth stagnates, losses narrow
Amazon Pay India, the digital payment arm of e-commerce giant Amazon, saw a stagnant growth in operational revenue, reaching Rs. 2,093 crore in fiscal 2023 compared to Rs. 1,998 crore the previous year.
NVIDIA launches less capable gaming chip for Chinese customers
US chipmaker NVIDIA has unveiled the GeForce RTX 4090 D, a modified version of its high-end gaming chip tailored to meet US export controls targeting China.
Meesho's FY23 revenue rises 77%, losses shrink by half
Meesho, an affordable e-commerce platform, has seen a 77% surge in revenue from operations, hitting Rs. 5,735 crore in FY23 compared to Rs. 3,232 crore in FY22.
Ayodhya's property prices surge 4x ahead of Ram Mandir inauguration
Ayodhya's real estate market is booming, with property prices skyrocketing since the 2019 verdict to build the Ram Mandir.
Google to settle $5 billion lawsuit over 'private mode' tracking
Google has reached a preliminary settlement in a US lawsuit accusing the tech giant of invading users' privacy by tracking their browsing habits, even when using "private mode."
L'Oreal heiress becomes world's first woman to reach $100B fortune
L'Oréal heiress Françoise Bettencourt Meyers has made history as the world's first woman to reach a $100 billion fortune (nearly Rs. 8.3 lakh crore), according to the Bloomberg Billionaires Index.
Indian exports to face pressure from low-priced Chinese steel: SteelMint
China's exports could pose a threat to Indian steel makers by limiting their shipments to the European Union in 2024 if demand remains low, as per SteelMint.
Investors triple their money with Trident Techlabs's SME IPO listing
Trident Techlabs's stock made an impressive entrance on the National Stock Exchange's SME platform, with shares opening at a 180.4% premium, priced at Rs. 98.15 each today.
Sensex, Nifty open final day of year in negative territory
India's equity markets opened in red on the final trading day of 2023, weighed down by major players like Infosys, HDFC Bank, and Reliance Industries.
Today's cryptocurrency prices: Check Bitcoin, Ethereum, Solana, BNB rates
Bitcoin has lost 1.60% of its value in the last 24 hours, trading at $42,708. It is 3.12% down compared to last week.
NSE moves Bank Nifty's monthly, quarterly expiries to Wednesdays
The National Stock Exchange (NSE) recently announced a revision in the expiry day for Bank Nifty monthly and quarterly contracts.
Huawei rebounds post US sanctions, expects 9% sales growth
Huawei Technologies, the Chinese tech giant, is expecting a revenue of over CNY 700 billion (around Rs. 8.4 lakh crore) for 2023, Reuters has reported.
India might remain fastest-growing major economy next year: Assocham
India is on track to retain its title as the world's fastest-growing major economy in 2024.
Sensex climbs to 72,384 points, Nifty settles near 21,780 mark
On Thursday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.48% to 72,384.92 points, the Nifty jumped 0.57% to 21,778.7 points.
FirstCry's parent company Brainbees Solutions files for an IPO
Brainbees Solutions, the parent company of online e-commerce unicorn FirstCry, has filed for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI).