Business
SBI Halves Daily ATM Withdrawal to Rs 20,000 for Certain Card Holders from Wednesday
About a month ago, the State Bank of India (SBI) had alerted its customers holding Classic and Maestro debit cards regarding the reduction of cash withdrawal limit to Rs 20,000 a day from ATM starting October 31.
Rupee Falls 19 Paise to 73.35 Against US Dollar in Early Trade
Traders said increased demand for the US currency from importers and a lower opening of domestic equity market weighed on the local unit.
Rupee Weakens 23 Paise to 73.79 Against US dollar in Early Trade
On Monday, the rupee had settled 24 paise lower at 73.56 against the US dollar due to steady capital outflows and strengthening of the American currency.
Illegal Overseas Assets Of 'Thousands Of Indians' Under Income Tax Department Scanner
A number of these cases involve high-profile and prominent people, while several high-net worth individuals are under the scanner.
Secy Among 3 Employees Held for Blackmailing Paytm Boss with Stolen Personal Data
Paytm founder Vijay Shekhar Sharma had complained to the police that the employees were demanding Rs 20 crore for not leaking the data.
Reliance Industries Halts Iranian Oil Imports Ahead of US Sanctions
V. Srikanth said Reliance has boosted purchases from other Middle Eastern suppliers and the United States to make up for the loss of Iranian barrels and reduced intake of Venezuelan oil.
RIL Q2 Profit Rises 0.6% to Rs 9,516 Crore; More Than 25 Crore Jio Subscribers
Consolidated revenue during the quarter grew by 9.73 percent to Rs 1,46,018 crore compared to Rs 1,33,069 crore in previous quarter.
PNB Fraud Case: ED Attaches Over Rs 218 Cr Assets of Mehul Choksi, Others
The ED is probing this case along with the CBI where it is alleged that Nirav Modi and Choksi defrauded the Punjab National Bank (PNB) in Mumbai to the tune of about USD 2 billion (over Rs 13,000 crore).
Sensex Succumbs to Profit-booking, Tanks 383 Points
Foreign institutional investors (FIIs) sold shares worth Rs 1,165.63 crore, while domestic institutional investors bought shares to the tune of Rs 1,059.44 crore on Tuesday, as per provisional data available on the BSE.
Rupee Strengthens 38 Paise Against US Dollar
Besides, dollar-selling by exporters and banks, the greenback's weakness against some currencies overseas, helped the recovery in the domestic currency.
Airline Stocks Fly High After Govt Cut Excise Duty on Jet Fuel
Jet fuel prices this month hit their highest level since January 2014 as rising international oil prices and plummeting rupee value pushed rates.
Centre Cuts Jet Fuel Tax to 11 Percent From 14 Percent 'in Public Interest'
The new reduced tax will be effective from Thursday, the government order said.
We May Have Another Recession If US-China Trade Spat Continues, Says Advisor To Chinese Govt
The tariff imposed by the US is going to increase the cost for both India and China and will eventually dampen the confidence and investment.
India to Export Raw Sugar for the First Time in Three Years as Global Prices Rally
Mills in the world's second biggest sugar producer were reluctant to sign new export contracts until recently as global prices were trading far below local prices.
Flipkart to Offer Insurance Cover, Teams Up With Bajaj Allianz
Flipkart said in a statement that the insurance will be valid for a year, covering accidental, screen, and liquid damage along with theft of the protected mobile phones.
Presidency Hurting 'Brand Trump', Rank Falls 11 Spots on Forbes List of Billionaires
Trump's ranking dropped to number 259 on the list of Forbes's wealthiest 400 billionaires released Wednesday, down from spot number 248 in 2017.
