Business News

DUBAI: India is ready to move into the next orbit of growth with the hugely successful implementation of the COVID-19 vaccination program, State Bank of India (SBI) Chairman Dinesh Kumar Khara said on Saturday. The kind of vaccine drive…

NEW DELHI: In escalation of the Future group-Amazon feud, Future Retail Ltd's independent directors have urged the Competition Commission to revoke the approval given two years ago for Amazon's deal with Future Coupons, alleging that the…

IndusInd Bank on Saturday reported that nearly 84,000 loans were disbursed by its microfinance arm without the consent of customers due to a technical glitch in May 2021. According to the private sector bank, this issue was highlighted…

The Income Tax (I-T) Department seized over Rs 53 crore following a search on an urban credit cooperative bank in Maharashtra, the tax authority said on Saturday. While the department did not name the cooperative bank, sources said the…

The average market price of power traded on the India Energy Exchange Day Ahead Market (IEX DAM) fell to Rs 2.4 per unit (kilowatt hour) on Friday from a peak of Rs 16.4 per unit on October 11, with states rushing to the exchange to buy…

The forex reserves posted an increase of $1.919 billion for the week ended October 29, reaching $642.019 billion amid a healthy increase in the currency assets and value of gold, as per data from the Reserve Bank of India (RBI). In the…

Rivian Automotive, backed by Amazon.com Inc, on Friday significantly raised the expected offer price of its shares, with the electric vehicle manufacturer aiming for a valuation of as much as $65 billion in its initial public offering.…

Hyderabad, Nov 6 (UNI) State-owned Singareni Collieries Company Limited (SCCL) has achieved a record turnover of Rs 14,067 crore and earned profits to the tune of Rs 868 crore in the first seven months of the current fiscal. The company…

In a precursor to the Union Budget for 2022-23, the Finance Ministry has sought suggestions related to taxation from industry and trade associations. The suggestions have been asked on direct taxes and indirect taxes — excluding goods and…

A TOTAL of 18 states and 6 Union Territories have cut taxes on auto fuel, following the move by the Centre to cut excise duty on petrol and diesel by Rs 5 and Rs 10 per litre, respectively. All 17 NDA-led states, including Gujarat, Uttar…

Big business finally seems to be taking the climate crisis seriously. After years spent lurking on the sidelines, CEOs of the world’s largest banks, companies and investment firms this week took a spot at the center of the debate at COP26.…

Cairn Energy PLC will change its company name to Capricorn Energy PLC from mid-December. Cairn Energy, which gave the country its largest onland oil discovery, had in 2011 sold the India unit, Cairn India to Anil Agarwal’s Vedanta Group.…

Reliance Industries Limited (RIL) on Friday rubbished a media report that suggested that business tycoon Mukesh Ambani and his family are planning to partly reside in London. Terming the report “baseless”, RIL categorically stated that…

New Delhi, Nov 5 (UNI) Denying reports of Mukesh Ambani shifting his base to London, Reliance Industries Ltd (RIL) on Friday issued a clarification rubbishing the speculation. "Reliance Industries Limited will like to clarify that the…

Currency with public has continued to rise even five years after the government announced demonetisation on November 8, 2016. With cash remaining the preferred mode of payment, currency with public for the fortnight ended October 8, 2021…

The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended nearly 0.5 per cent higher during the special Muhurat trading session on Thursday to mark the beginning of Samvat 2078. The gains were led by automobiles,…

Paytm IPO: One97 Communications, the parent entity of digital payments firm Paytm, has raised Rs 8,235 crore from 122 anchor investors ahead of its Rs 18,300 crore initial public offering (IPO). According to the data available from the…

Petrol and diesel price today: A day after the central government announced a cut in excise duty on petrol and diesel, the key auto fuel prices dropped from their record highs across the country on Thursday, November 4, 2021. In the…

Thiruvananthapuram, Nov 4 (UNI) 'Ten Minutes a Day to Make Life Successful' authored by VK Anil Kumar, motivational speaker and a career counsellor, highlights how spiritual quotient can nullify the most threatening factor -- risk -- of the…

Millions of dollars vanished in a matter of minutes after investors piled into a new cryptocurrency inspired by “Squid Game,” the popular Netflix survival series, only to watch its value plunge to nearly zero in a few short hours. The…