Business
Adani Group Says Report of Freezing 3 FPI Accounts Worth ₹43,500 cr 'Blatantly Erroneous'
Adani Group on Monday said in a his is regulatory filing that this report is causing irreparable loss of economic value to the investors at large and reputation of the group,
Govt-Backed Insurance Scheme Offers Rs 2 lakh Cover. Premium is Rs 12/Year
With one year cover from June 1 to May 31 of next year, Pradhan Mantri Suraksha Bima Yojana is eligible for individuals between 18-70 years of age. The scheme can be renewed annually.
SBI Offers Rs 5 lakh Collateral-Free Loan at Low Interest Rate With Moratorium
SBI Chairman Dinesh Khara said, 'We believe this new scheme will offer much-needed financial assistance to the people to manage the COVID treatment-related expenses without any hassle'.
US To Seek Automated Braking Requirement For Heavy Trucks
In a reversal from Trump administration policies, U.S. auto safety regulators say they will move to require or set standards for automatic emergency braking systems on new heavy trucks.
Global Markets: Stocks Set Record Highs As Bond Yields Slide
European shares, the S&P 500 and an index of global stock performance scaled new peaks while yields on U.S., Japanese and European government debt fell on Friday as investors embraced the easy monetary policies of major central banks.
Karnataka HC Dismisses Pleas by Amazon, Flipkart to Quash Antitrust Probe
The HC dismissed petitions effectively paving the way for restart of investigation against the e-commerce companies.
Bank of Baroda To Sell 46 NPA Accounts To Recover Rs 597 Crore
In order to clean its bad assets, the state-owned Bank of Baroda (BoB) has announced that it will sell 46 non-performing assets (NPA) accounts to recover dues of Rs 597.41 crore.
Oil Steadies Amid Weak Summer Kickoff For U.S. Fuel Demand
Oil prices were steady on Wednesday after U.S. inventory data showed a surge in gasoline inventories due to weak fuel demand following U.S. Memorial Day weekend, traditionally the beginning of the peak summer driving season.
Startup Lordstown Motors Warns It May Not Stay In Business
Startup commercial electric vehicle maker Lordstown Motors says it may not be in business a year from now as it tries to secure funding to start full production of an electric pickup truck.
Global Markets: Stocks Touch New Highs As Volatility Eases, Dollar Gains
A global benchmark and two key European indexes hit new highs on Tuesday while the dollar rose in anticipation of faster inflation as volatility eased to lows last seen in February 2020 before the coronavirus pandemic.
Income Tax Return e-Filing New Portal to Launch Today But No Tax Payment for Now
Income Tax Return Filing New Portal: From a chatbot to help you filing returns to quick income tax refund and a mobile application, there will be a host of new features available on the portal
Second Covid-19 Wave Not to Impact India's Agri Sector in Any Way: Niti Aayog
Labour force is moving to rural areas amid spike in COVID-19 cases in urban areas and they are willing to work in the agriculture sector for livelihood.
You Will Soon Get Salary, Pension, Dividend on Sundays and Bank Holidays
NACH, a bulk payment system operated by the NPCI, facilitates one-to-many credit transfers such as payment of dividend, interest, salary, pension, etc
Indian Airlines May Post USD 4.1-billion Consolidated Loss This Fiscal: CAPA
Airlines are estimated to need closer to USD 5 billion of recapitalisation in 2021-22 just to survive, including requirements generated through the course of 2020-21, it said
Steel Becomes Costlier; Companies Hike Rates by Up to Rs 4,900/tonne in India
After today's revision, a tonne of HRC will cost Rs 70,000-71,000 while the buyers will get CRC at Rs 83,000-84,000 per tonne.
Wall Street Shrugs Off Inflation Jump To Move Higher
U.S. stocks climbed on Friday as investors brushed off a strongerthanexpected inflation reading, putting both the Dow and S&P indexes on track to post their first weekly gain in the past three weeks.