follow us:
Indian stock markets ended in red on Wednesday. Sensex shed 502.25 points, or 0.62%, to settle at 80,182.20. Similarly, Nifty ended down by 141.21 points, or 0.58%, to settle at 24,198.85. Broader markets also ended in red as Midcap and Smallcap indices ending lower by 0.64% and 0.87%, respectively.
Tata Motors has secured an order for 1,297 LPO 1618 bus chassis from UPSRTC, marking its third order from the corporation this year, totaling over 3,500 units. Designed for intercity travel, these chassis offer superior performance and comfort. Tata Motors’ Vice chief Anand S expressed gratitude and highlighted the company’s commitment to delivering advanced mobility […]
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹999, ★ Mumbai – ₹924, ★ Delhi – ₹924, ★ Kolkata – ₹924, ★ Bangalore – ₹924, ★ Hyderabad ₹999, ★ Kerala – ₹999, ★ Pune – ₹924, ★ Ahmedabad – ₹924, ★ Jaipur – ₹924, ★ Lucknow – […]
The Sensex and Nifty opened at fresh record levels in early trade today, December 18, 2024. The Sensex started trading today at 80561.71, down 122.74 points or 0.15%, and the Nifty was at 24315.30, down 20.70 points or 0.09%. Meanwhile, the Indian rupee was trading today at 84.91 against the dollar.
Streaming giants like Netflix, Amazon, and Warner Bros, along with industry groups such as MPA, AVIA, and BIF, opposed TRAI’s bid to regulate them, arguing they are not telecom operators. CDNs, they asserted, only cache and deliver content without providing end-to-end communication or bandwidth. Industry leaders emphasized that CDNs function as telecom service customers, not […]
Here are the diesel prices per liter in the top cities. ★ Delhi – ₹87.62, ★ Kolkata – ₹91.76, ★ Mumbai – ₹89.97, ★ Chennai – ₹92.34, ★ Noida – ₹87.86, ★ Bangalore – ₹88.94, ★ Bhubaneswar – ₹92.62, ★ Chandigarh – ₹82.40, ★ HYD – ₹95.65, ★ Jaipur – ₹90.36, ★ Lucknow – ₹87.76, […]
The new ₹200 note, introduced by the Reserve Bank of India (RBI), features a bright yellow base color and advanced security elements. It includes a Mahatma Gandhi portrait, RBI seal, and denominational numeral in Devanagari. The note also showcases the Sanchi Stupa on the reverse, representing India’s cultural heritage.
Reserve Bank of India lifted the business restrictions imposed on Edelweiss Group’s key entities, ECL Finance Ltd and Edelweiss Asset Reconstruction Company Limited, effective immediately. This decision follows the companies’ implementation of corrective actions to address previous supervisory concerns. Restrictions were initially imposed on May 29, 2024, under the RBI Act and SARFA...
India’s sugar production in the 2024-25 season has fallen 17% short year-on-year, according to the Indian Sugar and Bio-energy Manufacturers’ Association (ISMA). The decline is attributed to a higher diversion of sugar for ethanol production and a delayed start to sugarcane crushing operations in Maharashtra and Karnataka, which has impacted overall output.
Dish TV India has partnered with UK-based C21 Media to launch Content India, a trade event aimed at positioning India as a global content hub. Scheduled for April 1-3, 2025, the three-day summit will serve as a precursor to the Content India 2026 event. It will feature a marketplace, conferences, and networking opportunities for industry […]
The rupee settled at 84.90 against the US dollar, gaining 1 paisa despite weak trade balance data and declining domestic markets. It had reached an intra-day low of 84.93. Traders anticipate continued pressure on the rupee due to economic slowdown concerns, high dollar demand, and a widening trade deficit. The dollar index rose, and crude […]
Business activity between the UK and India has surged in 2024, with payments received by clients in Britain from India rising by 121%, according to HSBC UK. The bank’s latest data highlights significant year-on-year growth in payments and client referrals, reflecting the strengthening of the India-UK business corridor and HSBC’s two-way support for businesses.
The CBDT has issued alerts to taxpayers about mismatches between transactions reported in the Annual Information Statement (AIS) and Income Tax Returns (ITRs) for FY 2023-24 and 2021-22. The department encourages taxpayers to file revised or belated ITRs, with the deadline for FY 2023-24 set for December 31. The e-Verification Scheme aids in resolving discrepancies […]
Indian billionaires Mukesh Ambani and Gautam Adani have exited the $100 billion net worth club, as reported by Bloomberg. Ambani’s wealth decline is linked to underperformance in his energy and retail businesses, along with significant expenses, including his son’s wedding. Despite shifting focus to digital platforms, growth in retail has slowed, affecting his finances.
The Central government revealed that Life Insurance Corporation had unclaimed insurance compensation funds amounting to ₹880.93 crore, which matured in the last financial year. It also disclosed that 3,72,282 policyholders have not claimed their maturity benefits. Also, LIC reported unclaimed death benefits worth ₹14 lakh for the year 2023-24.