ECONOMY

Cabinet approves MoU with France on renewable energy cooperation

The Union Cabinet on Wednesday gave ex-post facto approval to the signing of a Memorandum of Understanding (MoU) between India and France on...

Samsung considers four sites in U.S. for $17 bln chip plant

Samsung already has a chip plant in Austin, which due to shutdowns caused by a winter storm last month is expected to need a...

Sensex, Nifty firm up gains in early trade; financial stocks shine

BSE Sensex was trading higher by 411.23 points or 0.82% at 50,708.12; NSE Nifty was up 124.65 points or 0.84% at 15,043.75 Equity benchmarks...

In 2020, world added 3 billionaires every 2 days; India added one every week

The world added 607 new billionaires or more than three billionaires in two day, while India added 55 new billionaires or more than three...

Centre garners ₹77,814.80 cr after spectrum action

The telecom spectrum auctions concluded on Tuesday after a day and a half of bidding, with the Centre garnering ₹77,814.80 crore in revenues. The...

Sensex spurts 447 points to reclaim 50,000-level; auto, IT stocks shine

ONGC, HDFC, Dr Reddy’s, PowerGrid and SBI suffered losses. The BSE Sensex zoomed 447 points to settle above the psychological 50,000-mark on Tuesday, buoyed...

LPG price hiked again, domestic cylinder to cost ₹25 more

Cooking gas cylinders used by households turned dearer on March 1, with national oil marketing companies increasing the price of 14.2 kg liquefied...

U.S. trade report flags challenges from ‘Make in India’ policy

The campaign epitomises the challenges facing bilateral trade ties, U.S. Congress told The U.S. tried to resolve “long-standing market access impediments affecting U.S. exporters” with...

Gold price rises ₹241; silver jumps ₹781

Gold prices rise by ₹241 to ₹45,520 per 10 gram; Silver jumps by ₹781 to ₹68,877 per kg Gold prices on March 1 rose...

GST collections rise 7% to ₹1.13 lakh crore in February

The collection is, however, lower than the record ₹1,19,875 crore collected in the previous month GST collections crossed the ₹1 lakh crore-mark for the...

SBI reduces home loan rates to 6.7%

State Bank of India said the home loan interest rates will start from 6.7% for loans up to ₹75 lakh and 6.75% for loans...

Rupee slumps 29 paise to 73.76 against U.S. dollar in early trade

On February 26, the rupee had settled at 73.47 against the American currency. The Indian rupee slumped 29 paise to 73.76 against the U.S....

Coronavirus | Companies ‘feel betrayed’ due to capping of COVID-19 vaccine price, says Kiran Mazumdar Shaw

It is understood that the ₹250 ceiling per dose includes ₹150 per dose of vaccine plus ₹100 service charge. Biocon Chairperson Kiran Mazumdar...

Better times await fixed-income seekers

With interest rates bottoming out and the economy picking up, opportunities for higher returns may open up The spotlight has been on stock markets since...

Can AI pay a month’s salary to terminated contractual pilots: HC asks national carrier

The pilots have sought a direction to AI to restore their contractual engagements or pay them salaries along with flying allowances. The Delhi...

GST officers arrest man for ₹ 50.03 crore ITC fraud, fake firms

GST officers have arrested a person for creating fictitious firms and committing input tax credit fraud of ₹ 50.03 crore, the finance ministry...

Airtel bank eyes fourfold rise in Safe Pay users

Airtel Payments Bank plans to grow the user base for its recently-introduced Airtel Safe Pay by fourfold, said a top official.“We launched Airtel Safe...

U.K.’s CDC Group pares stake in Equitas Holdings

The U.K.’s development finance institution CDC Group has pruned its stake in Equitas Holdings Ltd. by 2.61% through sale of more than 89 lakh...

We must continue trade with China: Rajiv Bajaj

Halting imports suddenly is like cutting your nose to spite your face: Bajaj Auto MD Favouring continuation of trade with China, Bajaj Auto Managing Director...

Coffee output may drop as rain lashes plantations

Untimely rains and hailstones that lashed plantations in the last six days causing large-scale berry dropping is expected to impact arabica and robusta coffee...
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