Business
Have You Linked Your Aadhaar with PAN? If Not, Here’s How Much It May Cost You
The government has been giving several extensions to taxpayers who have yet not linked their Permanent Account Number (PAN) with Aadhaar. The last date for linking the PAN card with the Aadhaar card was extended by the Central Board of Direct Taxes (CBDT) from March 31 to June 30,...
Sensex Slumps 1,708 Pts Amid Selloff, Nifty Below 14,350; Dr Reddy’s Surges 5% After Sputnik V Approval
Equity benchmark Sensex plummeted 1,708 points on Monday following an across-the-board selloff as spiking COVID-19 cases in the country spooked investors. The 30-share BSE index sank 1,707.94 points or 3.44 per cent to end at 47,883.38. Similarly, the broader NSE Nifty plunged 524.05 points or 3.53 per cent to...
SBI Collects Rs 300 cr From Zero Balance Accounts in 5 years: IIT-Bombay Study
Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided to poor persons having zero-balance or Basic Savings Bank Deposit Accounts (BSBDA), a study by the IIT-Bombay (IIT-B) has revealed. The study observed that the SBI’s decision to levy a charge of...
Top Stocks for Investors on April 12
The stock market on Friday, April 9, gave a negative ending after starting the day on a flat note led by banking stocks. Following the same trend, the indices on Monday, April 12, are expected to open lower as the SGX Nifty was trading at 51.00 points or 0.34...
Rupee Slips Below 75 US Dollar Level in Early Trade Ahead of Release of Key Macroeconomic Data
The rupee opened on a weak note and fell below the 75 per US dollar level in early trade on Monday amid lacklustre opening in domestic equities ahead of the release of key macro-economic data. Moreover, rising crude oil prices, foreign fund outflows, spiking COVID-19 cases and heavy selling...
Visit Your Nearby Branch Today, To Remain Shut From Tomorrow
People who are planning to visit banks will have to do it today, Monday April 12, 2021 itself as banks will remain closed in most parts of the country from April 13 till 16 due to various festivals. Every year, the Reserve Bank of India (RBI) holiday calendar states...
Rate Increases Marginally, Silver Falls
Gold prices on Monday, April 12, increased marginally by Rs 1 per gram for 22-carat gold as the rate stood at Rs 4,471 compared to Rs 4,470 on the previous day. The price of 10 grams of 22-carat-gold hiked by Rs 10 to stand at Rs 44,710 from the...
Stock Market Sees Major Fall as Sensex Opens at 1,400 Pts Below, More Than 40 Nifty Stocks Turn Red
Markets see major fall with more than 40 Nifty stocks in the red as Indian indices opened weak on Monday with Nity below 14,600 on the back of mixed global cues. Except Infosys, all other shares are in red on BSE Sensex in the early trade. According to Money...
Banks to Remain Shut on These Days Next Week, Check List of Holidays in April 2021
People who are planning to visit banks will have to do it on Monday April 12, 2021 itself as banks will remain closed in most parts of the country from April 13 till 16 due to various festivals. Every year, the Reserve Bank of India (RBI) holiday calendar states...
India Needs to Grow Faster to Make Up for Contraction During Covid-19 Pandemic: IMF
India, which is projected to grow at an impressive rate of 12.5 per cent this year, needs to grow at a much faster pace to make up for the unprecedented contraction of eight per cent that it clocked during the COVID-19 pandemic in 2020, according to a senior IMF...
Coal India Records All-time High Capex of Rs 13,115 Cr in FY’21
New Delhi: Coal India on Thursday said its capital expenditure (capex) grew more than two-folds to hit an all-time high of Rs 13,115 crore in the just concluded fiscal. CIL’s original sanctioned capex budget was Rs 10,000 crore for FY’21. “Coal India Ltd (CIL) more than doubled its capital...
Gold Jumps Rs 182 to Rs 45,975 per 10 gm; Silver Zooms Rs 725
Gold rose by Rs 182 to Rs 45,975 per 10 gram in the national capital on Thursday following gains in the international precious metal prices, according to HDFC Securities. In the previous trade, the metal had closed at Rs 45,793 per 10 gram. Silver also witnessed increased buying and...
Gupshup, ShareChat Now Valued at Over A Billion Dollar After Fundraise
Gupshup and Sharechat, messaging platforms, have joined the list of ten Indian startups to become billion-dollar valued companies or unicorns in the first four months of 2021, in what is a historic moment for the Indian ecosystem. Of this, six turned unicorns this week on consecutive days. Gupshup, a...
Rate Increase by Rs 25 Per Gram, Silver Sees Hike Too
On Friday, April 9, gold rates witnessed an increase of Rs 25 as the price of one gram of 22-carat gold stood at Rs 4,455 from Rs 4,430 on the previous day. The price of 10 grams of 22-carat-gold jumped by Rs 250 to stand at Rs 44,550 from...
Sensex Sheds 155 Pts; Nifty Slips Below 14,850; Rupee Slips for 5th Straight Session
Equity benchmark Sensex dropped 155 points on Friday, tracking losses in index heavyweights ICICI Bank, Reliance Industries and HDFC Bank amid largely negative cues from global markets. The 30-share BSE index ended 154.89 points or 0.31 per cent lower at 49,591.32. Similarly, the broader NSE Nifty slipped 38.95 points...
Net Direct Tax Mop Up Exceeds Revised Estimates at Rs 9.45 Lakh Crore in FY21
The net direct tax collection for the fiscal ended March 31 stood at Rs 9.45 lakh crore, an increase of 5 per cent over the revised estimates in the Union Budget. Central Board of Direct Taxes (CBDT) Chairman P C Mody on Friday said the income tax department has...
Top Stocks for Investors on April 9
The stock market on Thursday, April 8 gave a positive ending for the third consecutive day in a highly volatile session. The indices on Friday, April 9, are expected to give a flat opening as the SGX Nifty was trading at 10.50 points or 0.07 percent up at 14,956.50...
Sensex Drops Over 150 Points in Early Trade, Nifty Below 14,850
Equity benchmark Sensex dropped over 150 points in early trade on Friday, tracking losses in index-heavyweights HDFC Bank, ICICI Bank and Reliance Industries amid largely negative cues from global markets. The 30-share BSE index was trading 186.94 points or 0.38 per cent lower at 49,559.27. Similarly, the broader NSE...
