No plan to print currency notes to tide over crisis: FM
The Government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of Covid-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to print currency to tide over the crisis, the Finance Minister...
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Higher inflation a transitory hump, to help RBI remain dovish in Aug review: Report
27 July 2021 | PTI -
Banks NPAs decline to Rs 8.34 L cr at March-end 2021: Minister
27 July 2021 | PTI -
Govt cuts basic customs duty on masur dal to zero; says move to provide relief to consumers
27 July 2021 | PTI -
Proposed amendments to e-commerce rules disincentive to consumers: IAMAI
27 July 2021 | PTI -
Tea Board asks producers to sell 50 per cent through auctions
27 July 2021 | PTI -
Glenmark Life Sciences Limited Initial Public Offer to open on July 27
27 July 2021 | Pioneer -
Auto component industry revenues to grow by 20-23 pc in FY22: Icra
27 July 2021 | PTI
Markets close modestly lower; RIL, HDFC twins weigh
Equity indices nursed mild losses on Monday after choppy trade as investors pared positions in blue-chips amid a largely subdued trend in global markets. World markets were rattled after China intensified its regulatory crackdown on tech companies, while participants also awaited cues from the US Federal Reserve meeting later this week. Snapping...
World stocks mostly lower after Wall Street highs
World shares were mostly lower on Monday after stocks rallied to records on Wall Street, with the Dow Jones Industrial Average closing above the 35,000 level Friday for the first time. Britain’s FTSE 100 lost 0.4 per cent to 6,998.08 and Germany’s DAX declined 0.7 per cent to 15,567.11. In Paris,...
Rupee drops by 2 paise to 74.42/USD
The rupee slipped by 2 paise to close at 74.42 against the US dollar on Monday, snapping its three-day gaining streak amid a muted trend in domestic equities. Forex traders said the rupee is trading in a narrow range as investors are awaiting cues from the US Fed’s policy decision...
Govt paid Rs 164.5 cr to Infosys for new I-T portal: Chaudhary
The Government paid Rs 164.5 crore to Infosys to build the new income tax e-filing portal between January 2019 and June 2021, Parliament was informed on Monday. “The contract for Integrated e-filing & Centralized Processing Centre (CPC 2.0) Project was awarded through an open tender published on Central Public Procurement Portal...
Axis Bank's Q1FY22 YoY net profit rises 94%
Lender Axis Bank on Monday reported a rise of 94 per cent in its net profit for the first quarter (Q1) of 2021-22 on a year-on-year basis. The net profit for the period under review rose to Rs 2,160 crore from Rs 1,112 crore for the corresponding period of previous fiscal. "The...
COVID 2nd wave may have more lasting damage on economy, exports to drive recovery: Moody's Analytics
The second wave of COVID-19 may have a more lasting damage on the Indian economy and exports will once again be the foundation for recovery, Moody's Analytics said on Monday. In its report titled 'APAC Economic Outlook: The Delta Roadblock', Moody's Analytics said social distancing is weighing on the current quarter,...
Sensex slips 123 pts; Nifty ends below 15,850
Equity benchmark Sensex declined over 120 points on Monday, tracking losses in index heavyweights Reliance, SBI and HDFC twins amid a largely subdued trend in global markets. The 30-share BSE index ended 123.53 points or 0.23 per cent lower at 52,852.27, while the broader NSE Nifty slipped 31.60 points or 0.20...
