Business
Price of Gold & Silver Hikes Marginally; Check Prices Here
Gold and Silver prices on Tuesday, April 13, increased marginally in the country. For one gram of 22-carat gold people will have to pay Rs 4 more as the rate stood at Rs 4,475 compared to Rs 4,471 on the previous day. The price of 10 grams of 22-carat-gold...
Sensex Rises Over 200 Pts in Early Trade; Nifty Above 14,350
Equity benchmark Sensex jumped over 200 points in early trade on Tuesday, tracking gains in index majors Reliance Industries, ICICI Bank and HDFC twins amid largely positive cues from Asian peers. The 30-share BSE index was trading 236.71 points or 0.49 per cent higher at 48,120.09. Similarly, the broader...
Bank Credit Rise 5.56%; Deposits 11.4% in FY21: RBI Data
Bank credit grew 5.56 per cent to Rs 109.51 lakh crore, while deposits rose 11.4 per cent to Rs 151.13 lakh crore in the financial year ended March 31, 2021, data released by the Reserve Bank of India (RBI) showed. In the 2019-20 fiscal, advances had grown at 6.1...
TCS Reports 15% Jump in March Quarter Profit on Cloud Services Demand Amid Pandemic
Tata Consultancy Services The Mumbai-based company declared a final dividend of 15 rupees per share, compared with 6 rupees per share a year earlier. Reuters BENGALURU Last Updated:April 12, 2021, 19:25 IST FOLLOW US ON: Tata Consultancy Services Ltd reported a 14.9% rise in March-quarter profit on Monday, as...
Shares of Dr Reddy’s Rally over 4% as Sputnik V Receives Approval for Emergency Use in India
File photo of Dr Reddy’s logo. The stock price of Dr Reddy’s Laboratories surged as much as 7.57 percent to an intraday high of Rs 5,119.90 apiece on the BSE. It closed at Rs 4,989.20, up 4.83 percent. The share price of Dr Reddy’s Laboratories rallied over 4 per...
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...
