Business news

Markets Plunge: Sensex crashes by 1,170 points, Nifty down by 338 points, hits below 17,500-mark

Sensex plunged sharply by 1,170 points on Monday to settle at 58,465 while Nifty ended at 17,416 level

Nov 22, 2021

Government intervenes to save IndiGo from Jet Airways-like crash landing

Sky's the limit: IndiGo is now tenth largest airline by capacity globally; growth indisputable [details]

IndiGo has emerged as the tenth-largest airline globally and largest in the APAC region by seat capacity. Here's what's giving thrust to the airline major to fly higher.

Nov 22, 2021

Sensex down by 342 pts as negative global cues prevail; Patm makes debut but down by 27%

Paytm stock opened for trading at ₹ 1,950, marking a decline of 9.3 per cent or ₹ 200 from its issue price of ₹ 2,150 but soon plunged by 27 per cent reaching an intra-day low of ₹ 1,560

Nov 18, 2021

Markets open on positive note; Zomato, Asian Paints in green [details]

The 30-scrip Sensitive Index (Sensex) on Thursday opened on a positive note during the morning trade session.

Nov 18, 2021

No need for separate GST registration in other states, K'taka AAR rules [details]

The KAAR ruled that the applicant need not obtain separate registration in Karnataka, for the supply of services and can raise the invoice by charging IGST from their registered office at Noida, Uttar Pradesh, with the place of supply as Karnataka.

Nov 14, 2021

Two Musk tweets cost Tesla shareholders horrid $200bn; his net worth goes sub-$300 bn [details]

"Bizzare," was the refrain to him employing a methodology as unscientific as a Twitter poll with a random lot of 3.5 million folks determining the outcome.

Nov 12, 2021

Tesla Chief Elon Musk sells $ 5 billion worth Tesla shares after Twitter Poll

It is pertinent to note that Musk's Twitter poll asking about selling 10% of his Tesla stock came after some Congressional Democrats pushed for rich like him to shed taxes on stock gains even if they don't sell any.

Nov 11, 2021

Sensex opens 400 pts down as global cues subdue sentiment

Sensex traded at 59,921.26 points, down 438.60 points or 0.77 per cent at 10:15 a.m. It opened at 60,291.70 points from its previous close of 60,352.82 points

Nov 11, 2021

Diwali Muhurat trading 2021: Here's all you need to know about the tradition

Previous Muhurat sessions have seen equities indices ending with positive gains, despite the fact that stock movement is less and trading volume is quite low.

Nov 3, 2021

Sensex recovers from last session's losses, opens Monday on positive note

The Sensex began at 59,577.48 points, up from 59,306.93 points at the previous close.

Nov 1, 2021

Shaktikant Das's tenure as RBI Governor extended for 3 years (Details)

Shaktikanta Das, a former IAS official from the 1980 batch, has held critical posts in the finance ministry. He has served as the secretary at the departments of revenue (DOR) and economic affairs (DEA).

Oct 29, 2021

IRCTC shares plunge but rebound later; Equity indices trade lower

Mixed global cues dented India's key equity indices - S&P BSE Sensex and NSE Nifty50 - during Friday's early-morning trade session.

Oct 29, 2021

Cryptocurrency Shiba Inu's Price Touches All-time High; Dwarfs Market Cap of Banking Giants Deutsche Bank, Societe Generale

The Dogecoin spinoff has surpassed the market cap of banking behemoths such as Deutsche Bank ($28.48 billion) and Societe Generale ($28 billion).

Oct 28, 2021

India's coal situation no longer a crisis: CIL allays fears, worries; says no need to panic [Exclusive]

As for the infamous four days' worth of stock reserves left at power plants, CIL's spokesperson says, "all that is water under the bridge now since our production and despatches are all on the upswing."