Reliance Industries now largest producer of medical oxygen from a single location
May 02, 2021, at 07:49 pm
As India grapples with an unprecedented new wave of the Covid 19 pandemic, the nation’s largest private sector company Reliance Industries has emerged as the country’s largest producer of medical oxygen from a single location.
Covid-19: Govt slashes IGST rate on oxygen concentrator imports for personal use
May 02, 2021, at 06:52 am
New Delhi/IBNS: As India combats Covid-19, the demand for oxygen concentrators and other medical supplies has risen exponentially as the government uses all resources to increase oxygen supply. To ease this fight, the Union Finance Ministry Saturday reduced IGST (Integrated Goods and Services Tax) rate for imports of concentrators, an official statement said.
SBI reduces Home Loan Interest Rates to 6.70%
May 01, 2021, at 11:52 pm
Mumbai: State Bank of India (SBI) is now offering exclusive interest rates on Home Loans starting from 6.70% onwards.
GST Revenue collection for April’ 21 sets new record, Rs. 1,41,384 crore gross revenue collected
May 01, 2021, at 11:08 pm
New Delhi: The gross GST revenue collected in the month of April’ 2021 is at a record high of Rs. 1,41,384 crore of which CGST is Rs. 27,837 crore, SGST is Rs. 35,621, IGST is Rs 68,481 crore (including Rs. 29,599 crore collected on import of goods) and Cess is Rs. 9,445 crore (including Rs. 981 crore collected on import of goods).
Sensex moves up 903.91 points during the week
May 01, 2021, at 11:06 pm
Mumbai/UNI: The BSE Sensex spurted 903.91 points or 1.89 pc to settle at 48,782.36 in a week under review on positive global cues after the US Federal Reserve pledged to maintain easy monetary policy to aid economic recovery.
Indian core industries' output up 6.8 pc in March
May 01, 2021, at 06:03 am
New Delhi/UNI: Eight infrastructure sectors posted 6.8 per cent growth in March, compared to a year ago, data released by the industry ministry on Friday showed.
Mahindra and Mahindra acquires Meru
May 01, 2021, at 06:03 am
Mumbai/IBNS: Mahindra and Mahindra Ltd has acquired 100 per cent stake in Meru Travel Solutions limited with the aim to expand its presence in the mobility service sector, according to media reports.
Covid-19 peak likely by mid-May: SBI report
May 01, 2021, at 04:59 am
Mumbai/IBNS: The second wave of coronavirus in India may touch the peak around mid-May, analysts of country's biggest lender State Bank of India (SBI) have predicted.
Indian Market: Sensex nosedives 983.53 points
Apr 30, 2021, at 11:55 pm
Mumbai/UNI: The BSE Sensex on Friday dropped 983.53 points to settle at 48,782.46 as selling was seen in Finance, Bankex, Auto and FMCG stocks.
HDFC down 4.38 pc to Rs 2420.15
Apr 30, 2021, at 11:51 pm
Mumbai/UNI: Share price of HDFC on Friday was down by 4.38 per cent to Rs 2420.15, a major loser in 30 scrips of BSE.
SBI General Insurance reports 22 pc growth in GWP
Apr 30, 2021, at 10:45 pm
Kolkata/UNI: SBI General Insurance, one of India’s leading general insurance companies, today announced its financial results with a Net Profit of Rs. 544 crore and Gross Written Premium (GWP) of Rs. 8312 crore in FY 20-21. The company’s GWP grew by 22% where the general insurance industry has shown a growth of 5.2%. In its 11 years of operations, the company has shown steady growth for the past 4 years, while maintaining positive track record of underwriting.
Indian Market: Sensex down over 400 pts
Apr 30, 2021, at 04:48 pm
Mumbai/UNI: The BSE Sensex on Friday slumped 405 pts to open at 49,360.89 as selling was seen in Finance, Bankex, Utilities and Auto stocks.
Covid fallout: Banks cut public business hours in Jammu and Kashmir
Apr 30, 2021, at 03:34 pm
Srinagar: In view of steep rise in the COVID19 cases, the banks operating in J&K have curtailed working hours and staff presence at the branches.
Indian Market: Sensex touches 50k to 50,093.86 pts
Apr 30, 2021, at 01:05 am
Mumbai/UNI: The BSE Sensex on Thursday breaching 50k-level to open at 50,093.86 following gains in Metal, Materials, FMCG and Finance stocks.
Indian Rupee up 30 paise against USD
Apr 28, 2021, at 11:33 pm
Mumbai/UNI: The Rupee remained firm for the third straight session as on Wednesday it advanced 30 paise to close at 74.35 against the greenback on brisk selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
OPPO A53s 5G: India's most affordable 5G phone, priced only at INR 14,990
Apr 28, 2021, at 11:27 pm
New Delhi: OPPO, the leading global smart device brand, on Tuesday announces the launch of the all new OPPO A53s 5G.
Bajaj Finance up 8.32 pc to Rs 5279.15
Apr 28, 2021, at 10:59 pm
Mumbai/UNI: Bajaj Finance on Wednesday advanced by 8.32 per cent to Rs 5279.15, a major gainer in 30 scrips of BSE.
India Market: Sensex surges 789.70 pts
Apr 28, 2021, at 10:50 pm
Mumbai/UNI: The BSE Sensex on Wednesday spurted 789.70 pts to close at 49,733.84 following gains in Bankex, Finance, Telecom, Auto and Consumer Durable stocks.
Under PMDP Jammu and Kashmir completes just 20 out of 54 projects in five years
Apr 28, 2021, at 06:46 pm
Srinagar: Five years after the announcement of Prime Minister’s Development package, Jammu and Kashmir has been able to complete just 20 projects out of 54 projects which were funded under the package.
Apr 27, 2021, at 11:14 pm
Mumbai/UNI: The Rupee on Tuesday gained 6 paise to close at 74.65 against the greenback on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Indian Rupee up 17 paise against USD
Apr 27, 2021, at 05:27 pm
Mumbai/UNI: The Rupee on Tuesday rallied by 17 paise to 74.54 against the US Dollar in opening trade on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Indian Market: Sensex up over 200 pts
Apr 27, 2021, at 05:14 pm
Mumbai/UNI: The BSE Sensex on Tuesday gained further by 209 pts at 48,596.22 in opening trade as buying was seen across the board.
Reserve Bank of India issues new guidelines for tenure of bank CEOs, MD
Apr 27, 2021, at 04:17 am
Mumbai/UNI: Reserve Bank of India on Monday issued certain guidelines for the governance of banks, including private banks, Small Finance Banks (SFBs) and Wholly Owned Subsidiaries of Foreign Banks.
Indian Rupee ends strong at 74.71 against USD
Apr 26, 2021, at 10:12 pm
Mumbai/UNI: The Rupee on Monday registered a strong gain of 30 paisa to close firm at 74.71 against the US Dollar on buying of US Dollar by bankers and exporters, dealers at the Forex Market said.
ICICI Bank Q4 standalone profit jumps 260.5% y-o-y, NII increases 17%
Apr 26, 2021, at 10:12 pm
Mumbai/IBNS: Private sector lender ICICI Bank recorded a massive 260.45% year-on-year (YoY) growth in standalone profit at Rs 4,402.61 crore for quarter ending March 2021 compared to Rs 1,221 crore (US$ 167 million) in the quarter ended March 31, 2020 (Q4-2020).
Indian Market: Sensex up 508.06 pts
Apr 26, 2021, at 10:08 pm
Mumbai/UNI: The BSE Sensex on Monday advanced 508.06 pts to close at 48,386.51 tracking global peers.
Tesla Inc to set up India headquarters in Mumbai: Report
Apr 25, 2021, at 10:58 pm
Mumbai/IBNS: Tesla is setting up its office in the Lower Parel-Worli area in Mumbai with its production base in Karnataka, an ET report said.
New Industrial Package is best package, any one has got: R P Thakur
Apr 25, 2021, at 05:52 am
Srinagar: Ranjan Prakash Thakur, Principal Secretary, Industries and Commerce (I&C), J&K today said that the industrial package announced for Jammu and Kashmir is the best package which any state has got till now and the amount of the package can be doubled if required.
Covid-19: IRDAI asks insurers to settle policyholders' claims on cashless basis
Apr 24, 2021, at 09:17 pm
New Delhi/IBNS: Insurance regulator IRDAI on Friday asked the insurers to settle the claims of policyholders on cashless basis after reports emerged that some hospitals demanded cash payments from Covid-19 patients.
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