Economy News

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Sensex, Nifty rise as focus shifts to corporate earnings

The NSE Nifty 50 index rose 0.64% to 10,774.50 by 0511 GMT, while the benchmark S&P BSE Sensex climbed 0.67% to 36,570.32.

Jul 9, 2020

ICICI Bank announces 8% pay hike for 80,000 employees during coronavirus pandemic

As many as 80,000 employees form more than 80 per cent of its overall workforce and the decision has been taken in recognition of the services rendered during the novel coronavirus pandemic, the sources told.

Jul 8, 2020

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Nifty, Sensex end higher for fifth day, lenders soar

Indian shares closed higher for a fifth straight session on Tuesday, as gains in IT and beaten down financial companies helped Mumbai's main indexes outperform other stock markets after a week-long rally.

Jul 7, 2020

Asia shares climb as China blue chips hit five-year peak

Asian shares scaled four-month peaks on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery, even as surging coronavirus cases delayed re-openings across the United States.

Jul 6, 2020

'Small businesses may not survive prolonged crisis': Khatabook CEO predicts

During the lockdown, retail businesses have been worst hit across all regions and categories. The two worst-hit sectors automobiles and textiles have seen a noted increase in transactions by 73% and 76% respectively, post relaxation in lockdown. Culling more insights from Ravish Naresh, CEO of Khatabook here...

Jul 3, 2020

India's factory activity contracts for third straight month in June

The virus has infected over half a million people in the world's second-most populous nation, stalling economic activity, but Wednesday's survey suggested the worst may be over for the economy, at least for now.

Jul 2, 2020

NDMC extends property tax deposit date till July 31

MCD takes property tax on buildings and vacant land. There are three ways of computing taxes -- annual rental value, capital value and unit area system.

Jun 30, 2020

Indian shares rise on recovery hopes, Nifty set for best quarter in 11 years

Indian shares rose on Tuesday, June 30 with the benchmark index set for its best quarter since 2009, as upbeat U.S. and China data renewed economic recovery hopes, while investors awaited PM Modi's speech later in the day.

Jun 30, 2020

Trump shutting doors to immigrants: Will America survive and revive itself without skilled Indians on H-1B visas?

Following the proclamation issued by the Trump administration banning temporary issuance of H-1B visas, H-2Bs, L visas and J visas with effect from June 24 to December 31, 2020, we wonder if this move will help the US economy survive and revive itself from the Covid-19 crisis.

Jun 23, 2020

PNB buys Audi cars for MD, senior executives amid coronavirus-induced financial crisis

Reportedly, the PNB took the delivery of these high-end luxury cars worth approximately Rs 1.34 crore last month, unmindful of the coronavirus outbreak, subsequent nation-wide lockdown and its crippling effect on the financial sector as well as the economy.

Jun 10, 2020

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Economy News

Sensex, Nifty rise as focus shifts to corporate earnings

ICICI Bank announces 8% pay hike for 80,000 employees during coronavirus pandemic

Nifty, Sensex end higher for fifth day, lenders soar

Asia shares climb as China blue chips hit five-year peak

'Small businesses may not survive prolonged crisis': Khatabook CEO predicts

India's factory activity contracts for third straight month in June

NDMC extends property tax deposit date till July 31

Indian shares rise on recovery hopes, Nifty set for best quarter in 11 years

Trump shutting doors to immigrants: Will America survive and revive itself without skilled Indians on H-1B visas?

PNB buys Audi cars for MD, senior executives amid coronavirus-induced financial crisis

Oil prices see an increase for the second consecutive day, raised by 60 paise per litre

Indian Overseas Bank reduces interest rates on loans, check here

FY20 gross direct tax collection down nearly 5% at 12.33 lakh crore

India's economy seen slowing rapidly in March quarter, with worse to come

Sensex, Nifty rise 1% on global cues; banking shares gain

Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

Filmmakers restoring golden era of film shooting in J&K; maiden film policy lures producers [details]

IPL 2022: RCB vs RR live-stream, squad, timings and everything you need to know about today's match

Cricket scam continues to haunt Farooq Abdullah; ED summons NC president for questioning [details]