Business news

Why is Sensex surging even when economy is in technical recession: Explained

It is pertinent to note that since Indian recorded its worst-ever GDP numbers for a quarter in June quarter due to strict lockdown, the indices at Dalaal Street have reached new heights.

Dec 1, 2020

Can I buy multiple term insurance policies?

The amount of term life insurance coverage you need depends on a number of factors. A good place to start is factoring in the monthly expenses of your dependents.

Nov 26, 2020

HuffPost India shuts down; archives wiped, readers redirected to global content

HuffPost India has posted a statement on its website announcing the shut down of its operations in the country, but the reason hasn't been revealed.

Nov 24, 2020

RBI's proposal to allow corporate houses into banking best left on shelf; ex-Guv Raghuram Rajan

Last week an RBI panel indicated that large companies could be allowed to open banks in India.

Nov 24, 2020

Petrol, diesel price hike in India explained: what is the reason behind steady spike

The increase in petrol and diesel prices was expected as the global oil market has shown signs of firming up after positive news on the successful introduction of a coronavirus vaccine soon.

Nov 22, 2020

Healing economy expected to keep markets high | Read

Economic recovery along with hopes of a Covid-19 vaccine will keep domestic stock markets high during the upcoming trade week.

Nov 22, 2020

Reliance Retail completes fund raise of Rs 47,265 crore for 10.09% stake

RRVL has received cumulative subscription amount of Rs 47,265 crore from its financial partners and allotted 69,27,81,234 equity shares to them.

Nov 19, 2020

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Lakshmi Vilas Bank FD rates will likely drop after merger; but money is safe

RBI has placed a moratorium on Lakshmi Vilas Bank (LVB), placing a Rs 25,000 withdrawal cap in a month. If you're concerned about your fixed deposits, read on to find out what's next.

Nov 18, 2020

Lakshmi Vilas Bank depositors fret not; your money is safe

RBI has placed a moratorium on Lakshmi Vilas Bank (LVB), placing a Rs 25,000 withdrawal cap in a month. But this is no reason for you to panic or rush to the bank.

Nov 17, 2020

RBI puts Lakshmi Vilas Bank under moratorium; withdrawals capped at Rs 25,000 [details]

With the permission of RBI for medical treatment, fees for the payment of higher education, and marriage expenses, approval will be allowed to withdraw more money.

Nov 17, 2020

Reliance Retail Ventures acquires 96% holding in Urban Ladder for Rs 182 cr | Details inside

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired equity shares of Urban Ladder Home Decor Solutions Private Limited (UrbanLadder) for a cash consideration of Rs 182.12 crore.

Nov 15, 2020

Huge relief to tax payers; KTR waives 50% domestic property tax in Telangana as Diwali gift

As part of the tax waiver plan, all the domestic households who have to pay property tax up to Rs 15,000 in Greater Hyderabad Municipal Corporation (GHMC) limits will benefit a 50 per cent reduction.

Nov 14, 2020

Anugrah Stock & Broking suspended for several violations; SEBI opens inquiry

The firm had also failed to deposit the sum of Rs 165 crore by August 31, 2020, as directed by SAT.

Nov 14, 2020

Zomato COO Gaurav Gupta to now focus on company's nutraceuticals biz ahead of IPO

Zomato's COO will now be focusing on the company's nutraceuticals business, which is touted to be a value driver for the food-delivery company.

Nov 9, 2020

Nifty, Sensex hit record highs as Biden win boosts IT stocks, Asian markets

Indian markets touched record highs on Monday as IT stocks gained after a report said that U.S. President-elect Joe Biden planned to ease policy on work visas, with his victory also boosting broader Asian markets and aiding domestic sentiment.