Kia Motors Inaugurates BEAT360: a first-of-its-kind brand experience center in India

Oct 10, 2019, at 04:04 pm

New Delhi: Kia Motors India, a wholly-owned subsidiary of Kia Motors Corporation, the world's 8th largest automaker, today launched ‘BEAT360’, a unique brand experiential center, which offers its visitors an essence of Kia Motors brand philosophy. 

PMC Bank: FM Nirmala Sitharaman says RBI taking action

Oct 10, 2019, at 02:46 pm

New Delhi: Union Finance Minister Nirmala Sitharaman assured depositors of crisis-hit Punjab and Maharashtra Co-operative Bank of fast recovery into the trouble.

Reliance Infra appoints Anil Ambani’s sons Anshul and Anmol Ambani as directors

Oct 10, 2019, at 12:50 pm

Mumbai, Oct 10 (UNI) The Anil Ambani-led Reliance Group Reliance Infrastructure (RInfra) has appointed Anmol and Anshul as directors on the board of the company.

Markets drop after recovery on Wednesday

Oct 10, 2019, at 11:32 am

Mumbai: Domestic benchmark indices started on a grim note on Thursday in the midst of weakness in global markets, a day after the BSE Sensex and NSE Nifty showed signs of improvement after losing for straight six days.

SBI cuts down interest on savings, fixed deposits

Oct 09, 2019, at 06:26 pm

Mumbai:  State Bank of India (SBI), the largest lender of the country, on Wednesday slashed its savings and term deposit interest rates.

India falls 10 places to rank 68 in Global Competitive Index

Oct 09, 2019, at 02:51 pm

Geneva: India has slipped 10 places in the Global Competitive Index to occupy 68th position out of 141 countries surveyed by the rankings.

Rupee tanks 17 paise against USD

Oct 09, 2019, at 11:48 am

Mumbai, Oct 9 (UNI) The Rupee on Wednesday slipped 17 paise to 71.18 in opening trade on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.

Indian market: Sensex down by 141.33 points

Oct 07, 2019, at 05:26 pm

Mumbai, Oct 7 (UNI) The benchmark index of Bombay Stock Exchange(BSE) on Monday slipped by 141.33 points to 37,531.98 following selling in Energy, Capital Goods, Oil and Gas and Realty stocks.

Tata Motors DVR drops by 3.17 pc to Rs 51.90

Oct 07, 2019, at 05:23 pm

Mumbai, Oct 7 (UNI) Tata Motors DVR on Monday fell by 3.17 pc to Rs 51.90 to be the top loser in the 30 scrips index of Bombay Stock Exchange (BSE).

FM Nirmala Sitharaman to inaugurate National e-Assessment Centre of Income Tax Department tomorrow

Oct 06, 2019, at 07:15 pm

New Delhi: The Income Tax Department is ushering in a paradigm shift in its working by introducing faceless e-assessment to impart greater efficiency, transparency and accountability in the assessment process. There would be no physical interface between the tax payers and the tax officers.

Nirmala Sitharaman to inaugurate National e-Assessment Centre of Income Tax Department tomorrow

Oct 06, 2019, at 03:04 pm

New Delhi, Oct 6 (IBNS): The Income Tax Department is ushering in a paradigm shift in its working by introducing faceless e-assessment to impart greater efficiency, transparency and accountability in the assessment process. 

Universal Sompo trains 110 unemployed youth in selling non-life insurance policies

Oct 05, 2019, at 10:51 pm

Varanasi: The second batch of candidates trained by Universal Sompo General Insurance Company Ltd completed training as per the requirement of the Insurance Regulatory and Development Authority of India (IRDAI) and received 

Demonetisation, GST encourage digitisation: FM Nirmala Sitharaman

Oct 05, 2019, at 06:21 pm

Dharwad, Oct 5 (UNI): Union Finance Minister Nirmala Sitharaman on Saturday said demonetisation and GST encouraged digitisation which will alternately drive the country towards open and transparent economic system.

Paypal becomes 1st company to withdraw support for Facebook's cryptocurrency Libra

Oct 05, 2019, at 09:59 am

Moscow (Sputnik/UNI) Payment company Paypal said it has withdrawn its participation in Facebook's cryptocurrency project Libra, becoming the first company to end its support for the project amid backlash from authorities.

BSE, NSE respond negatively after RBI cuts repo rate by 25 bps

Oct 04, 2019, at 04:39 pm

Mumbai: The markets tumbled after RBI cut down repo rate by 25 bps to 5.14% on Friday.

RBI cuts repo rate to boost economy, ensures stability of Indian banking system

Oct 04, 2019, at 03:30 pm

Mumbai: The Reserve Bank of India on Friday slashed the repo rate by 25 basis points to 5.15% in a bid to revive the sagging economy.

Most Indian banks fail on policies of climate change and human rights, according to a recent study

Oct 04, 2019, at 01:10 pm

Kolkata, Oct 3 (IBNS): Indian banks have policies on parameters of financial inclusion and corruption but most are found wanting on social, environmental and human rights’ issues in their investment policies, according to the first edition of Fair Finance Guide India scorecard.

RBI cuts repo rate by 25bps to 5.15%, GDP growth cut to 6.1%

Oct 04, 2019, at 12:48 pm

Mumbai: The RBI on Friday reduced the repo rate by 25 basis points to 5.15% from 5.40% in the fourth bi-monthly policy review.

BSE, NSE show recovery after four days ahead of RBI’s policy statement

Oct 04, 2019, at 12:05 pm

Mumbai: Ahead of  RBI's fifth bi-monthly report today, the domestic benchmark indexes BSE and NSE showed sharp recovery after downslide for four days.

Sensex, Nifty continue to fall as Metal and Banking shares race downwards

Oct 03, 2019, at 06:30 pm

Mumbai: Sensex and Nifty 50 continued to fall for the fourth session with HDFC, HDFC Bank, Kotak Mahindra Bank, IndusInd Bank, Axis Bank and Kotak Mahindra Bank leading the downward slide.

GST revenue collection for September falls 19-Month low

Oct 01, 2019, at 11:02 pm

New Delhi, Oct 1 (IBNS): The national Goods and Services Tax (GST) recorded the lowest revenue collection in 19 months since it was introduced in July 2017, government data released on Tuesday stated.

What are the types of mutual funds?

Oct 01, 2019, at 09:08 pm

Mutual Funds are diversified investment program funded by investors like us and are professionally managed.

Mahindra's Auto Sector sale moves down by 21.23 in September

Oct 01, 2019, at 05:53 pm

Mumbai, Oct 1 (UNI) Auto major, Mahindra & Mahindra Ltd reported a decline of 21.23 per cent total sale of sales (Domestic + Exports) at 43,343 vehicles in September 2019, compared to 55,022 vehicles during corresponding period last year.

Indian market: Sensex down 361.92 pts

Oct 01, 2019, at 05:52 pm

Mumbai, Oct 1 (UNI) The BSE Sensex remained under pressure for the third straight session on Tuesday as it slumped by 361.92 points to settle at 38,305.41 as brisk selling was witnessed in Finance, Bankex, Realty, Metal and Consumer Durable stocks amid weak global cues.

Mahindra's farm equipment sector total sale for Sep 2019 at 37,011 units

Oct 01, 2019, at 05:49 pm

Mumbai, Oct 1 (UNI) Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES) reported Total tractor sales (Domestic + Exports) during September 2019 at 37,011 units, as against 37,581 units for the same period last year.

Suzuki Motorcycle India records highest ever sales in domestic market in September

Oct 01, 2019, at 05:42 pm

Mumbai, Oct 1 (UNI) Suzuki Motorcycle India Pvt. Ltd. (SMIPL), a subsidiary of two-wheeler manufacturer, Suzuki Motor Corporation, Japan, clocked its highest-ever monthly domestic sale of 63,382 units during the month of September 2019 as compared to 63,140 units sold in September 2018.

GST revenue stands at Rs 91,916 cr in Sept 2019

Oct 01, 2019, at 05:28 pm

New Delhi, Oct 1 (UNI) The Goods and Services Tax (GST) collections dropped again in September this year and stood at Rs 91,916 crore, the Government data released on Tuesday revealed.

Toyota Kirloskar Motor sells 10911 units in the month of September 2019

Oct 01, 2019, at 05:21 pm

Bangalore: Automobile giant Toyota Kirloskar Motor sold a total of 10203 units in the domestic market this month of September 2019.

Tata Motors registered domestic sales of 32,376 units in September 2019

Oct 01, 2019, at 05:16 pm

Mumbai: Automobile major Tata Motors Limited on Tuesday announced its sales in the domestic & international market, for the month of September 2019, which stood at 36,376 vehicles.

Nissan India to increase up to 5% price on Datsun GO & GO+

Oct 01, 2019, at 05:09 pm

New Delhi: Nissan India on Tuesday announced a price increase on Datsun GO and GO+ up to 5 per cent.