Business
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...
Want to Know Your PF Account Balance? Here’s How to Check
Employees Provident Fund (EPF) is a mode of saving where both the employee and the employer contribute an equal amount. It gives guaranteed tax-free returns. The amount saved in EPF can be availed by the person upon his/her retirement or after switching jobs. Those who want to know or...
Cooking Oil Prices Surge, Government Mulls Import Duty Cut: Report
(Image for representation purpose only) During the Budget announcement, Union Finance Minister Nirmala Sitharama had slashed import duty and custom duty for edible oils. The government is likely to review the surging edible oil prices and announce relevant measures soon, reports suggest. In the wake of the increasing price,...
Rupee Plunges to Near 5-month Low of 74.58 Against US Dollar
Mumbai: The Indian rupee weakened further by 11 paise against the US currency to close at its weakest level in nearly five months on Thursday amid fears that a rapid resurgence of Covid cases in the country can disrupt economic recovery. Logging its fourth straight session loss, the domestic...
Finance Ministry Asks Health, Home Ministries for Vaccination of Bank Employees on Priority Basis
The union finance ministry has requested the health and home ministries for issuing instructions for enabling COVID-19 vaccination of employees of banks and National Payments Corporation of India on priority basis. This will go a long way in assuring bank employees about safety of themselves and their families and...
Banks to Remain Shut on These Days From Tomorrow, Check the List of Holidays
People who are planning to visit banks will have to do it today itself as banks will remain closed tomorrow owing to second Saturday. On Monday, banks will be working but will remain shut in most parts of the country from April 13 till 16 due to various festivals....
A beginner’s guide to the legendary Tim Tam biscuit, now available in America
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You can now play Bill Gates’ first PC game and run over donkeys on your iPhone, Apple Watch
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Make yourself feel better by laughing at January’s best news bloopers
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