Indian Rupee falls by 4 paise against USD
Apr 20, 2020, at 11:57 am
Mumbai/UNI: Rupee on Monday eased by four paise to 76.43 in opening trade on rising demand for US dollar by bankers and importers, dealers at the Forex Market said.
Covid-19 and your investment strategy post pandemic
Apr 18, 2020, at 11:24 pm
I had shared my below mentioned thoughts on 25th July, 2019 but never wanted to become true....unfortunately, it is a reality within 9 months. Let us go through the old message of my past post once, before we proceed: "I personally sense that we are going to face hard times ahead, a sort of slow down & recession....Cut down all your expenses drastically.Survive only on basic mode. Postpone or drop all your WANTS and spend only on UTMOST NEEDS. Outing, Movies, Shopping, Dining / Drinking, Bday/Anniversary Parties, Get-together meets - ALL these can wait. Stay light, stay tight... Survival should be your utmost priority now."
Apr 18, 2020, at 06:23 pm
New Delhi/IBNS: The Government of India has reviewed the extant Foreign Direct Investment(FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic and amended para 3.1.1 of extant FDI policy as contained in Consolidated FDI Policy, 2017.
Hero Electric announces special online offer on entire range of Electric Scooters
Apr 18, 2020, at 05:42 pm
New Delhi/IBNS: Electric vehicle manufacturer Hero Electric on Saturday announced its online sales scheme on its entire range (excluding Flash lead-acid low speed model).
Apr 18, 2020, at 04:46 pm
Kolkata/IBNS: Walmart Inc., Flipkart and the Walmart Foundation have come together to contribute needed personal protective equipment (PPE) for healthcare workers and financial support for organizations providing essential relief materials to farmers and small businesses to join the battle against the Covid-19 pandemic.
HDFC Bank Q4 result: Net revenue up 18.2 per cent from year ago quarter
Apr 18, 2020, at 04:36 pm
Mumbai/IBNS: HDFC Bank Limited published its fourth quarter and full year (ending March 31, 2020) results on Saturday.
TVS Motor Company completes acquisition of Norton
Apr 18, 2020, at 11:18 am
New Delhi/IBNS: TVS Motor Company, a manufacturer of two-wheelers and three-wheelers in the world, on Saturday announced the acquisition of Britain's most iconic sporting motorcycle, "Norton".
Indian Rupee up 30 paise against USD
Apr 17, 2020, at 12:48 pm
Mumbai/UNI: Rupee on Friday bounced back by 30 paise to 76.56 against the US Dollar in opening trade on fresh selling of US dollar by bankers and exporters dealers at the Forex Market informed.
Indian Market: Sensex zooms 1054 pts
Apr 17, 2020, at 11:07 am
Mumbai/UNI: BSE Sensex zoomed by 1054 pts to open at 31,656.68 ahead of RBI policy amid firm global cues.
RBI cuts repo rate from 4 pct to 3.75 pct
Apr 17, 2020, at 10:38 am
New Delhi/IBNS: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced reducing the reverse repo rate from 4 percent to 3.75 percent.
-1587054958.jpg "ITC Hotels adopts various employee engagement acitivities to ensure safety and health of their staff")
ITC Hotels adopts various employee engagement acitivities to ensure safety and health of their staff
Apr 16, 2020, at 10:05 pm
Mumbai/IBNS: India’s leading hotel chain, ITC Hotels, said they have undertaken a series of proactive steps to ensure the safety and health of their employees who are one of the key pillars that support the group’s ethos of Responsible Luxury.
Apr 16, 2020, at 08:41 pm
New Delhi/ IBNS: Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman met on Thursday to discuss the much-awaited financial package to mitigate the negative impact of COVID-19, said media reports.
SEBI seeks details of investments from China into Indian stock markets
Apr 16, 2020, at 06:46 pm
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has sought information from the custodians on details of Chinese investments or money routed through the country into Indian stock markets, said a Mint report.
SBI waives ATM transaction charges
Apr 16, 2020, at 05:10 pm
Mumbai/IBNS: India's largest bank State Bank of India (SBI) has waived charges for its customers on all transactions made on SBI ATMs and other bank ATMs, after exceeding free transactions, till June 30.
Sugar prodcution in India drops as of April this year compared to same period last year
Apr 16, 2020, at 04:15 pm
New Delhi/IBNS: Sugar mills across India have produced 247.80 lakh tonnes of sugar as of April 15, 2020, which is nearly 64 lakh tonne less compared to 311.75 lakh tonnes produced at the same time last year, according to a press release by Indian Sugar Mills Association (ISMA), a group consisting of stakeholders of the country's sugar industry.
Indian exports and imports nosedive in March
Apr 16, 2020, at 12:43 am
New Delhi/ IBNS: Indian exports and imports declined by record volumes in March, as countries across the world sealed their borders to fight the COVID-19 outbreak.
Income Tax Dept issues 10.2 lakh refunds worth Rs 4,250 crores in one week
Apr 15, 2020, at 11:00 pm
New Delhi/IBNS: The Income Tax department has released 10.2 lakh refunds worth Rs 4,250 crores in a week's time, the Central Board of Direct Taxes (CBDT) said on Wednesday.
The Bengal Chamber adopts two south Kolkata markets to hold sanitisation drives
Apr 15, 2020, at 08:57 pm
Kolkata/IBNS: Kolkata-based Bengal Chamber of Commerce and Industry adopted two markets of Kolkata for sanitisation drives to contain the spread of the Covid-19 pandemic in the city.
Latest OpenSignal Mobile Experience Report ranks Vodafone Idea as a leader in key parameters
Apr 15, 2020, at 07:58 pm
Mumbai/IBNS: Vodafone Idea Limited (VIL) in a press release said that the latest biannual mobile network experience report by Opensignal, has ranked the company as a leader across key parameters such as Download speed, Upload speed and Video experience.
Apr 15, 2020, at 05:29 pm
New Delhi/IBNS: Job searching website Monster has added a new feature to help recruiters in taking the advantage of the growing interest in work from home jobs due to the novel coronavirus COVID-19 outbreak.
Indian Rupee down by 17 paise against USD
Apr 15, 2020, at 04:54 pm
Mumbai/UNI: The Rupee on Wednesday slipped by 17 paise to end negative at 76.44 on rising demand for US Dollar by bankers and importers, dealers at the forex market informed.
Indian Market: Sensex down 310.21 pts
Apr 15, 2020, at 04:53 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday slipped by 310.21 points to settle at 30,379.81 on worries over economic downturn due to extension of nationwide lockout.
USFDA clears manufacturing plants of India's leading drug companies in 10 days
Apr 15, 2020, at 01:37 pm
Washington/Mumbai/IBNS: The US Food and Drug Administration (USFDA) has cleared the manufacturing plants of India's leading drug companies in 10 days, media reports said.
Apr 15, 2020, at 01:18 pm
New York/IBNS: Forecasting the “worst economic downturn since the Great Depression”, the International Monetary Fund said on Tuesday that growth for the year was likely to end up at minus three per cent, with a dramatic change evident since the last World Economic Outlook report in January.
Indian Rupee up by 22 paise against USD
Apr 15, 2020, at 12:43 pm
Mumbai/UNI: The Rupee on Wednesday rallied by 22 paise to 76.05 against the greenback in opening trade on selling of US dollar by bankers and exporters dealers at the Forex Market informed.
Global Economy to Shrink 2.8 percent in 2020 Due to Coronavirus Pandemic - Report
Apr 15, 2020, at 12:21 pm
Brussels, Apr 14 (Sputnik) The coronavirus pandemic looks set to shave off 2.8 percent from the global economic output this year, a UK-based forecasting firm has predicted in its monthly report.
Indian Market:Â Sensex rebounds 542.32 pts
Apr 15, 2020, at 11:09 am
Mumbai/UNI: The BSE Sensex on Wednesday bounced back by 542.32 points to 31,232.34 in opening trade on positive global cues.
Apr 14, 2020, at 05:00 pm
Kolkata/IBNS: Business body ASSOCHAM on Tuesday fully supported Prime Minister Narendra Modi for extending the nationwide lockdown till May 3 for saving each and every Indian from the unprecedented global pandemic, with a firm conviction that the government would soon be announcing a large and effective financial package for protecting agriculture, industry , trade with a particular focus on the MSMEs and millions of jobs.
Indian Rupee improves by 2 paise against USD
Apr 13, 2020, at 05:35 pm
Mumbai/UNI: The Rupee on Monday rose further by two paise to end positive at 76.27 on renewed selling of US Dollar by bankers and exporters, dealers at the forex market said.
Bajaj Finance slides by 10.27 pc to Rs 2288.50
Apr 13, 2020, at 05:18 pm
Mumbai/UNI: Bajaj Finance on Monday slipped by 10.27 pc to rs 2288.50, was the major loser in 30 scrips of BSE.