Business

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...

Apr 9 · >

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...

Apr 9 · >

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...

Apr 9 · >

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...

Apr 9 · >

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...

Apr 9 · >

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...

Apr 9 · >

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...

Apr 9 · >

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...

Apr 9 · >

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...

Apr 9 · >

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,...

Apr 9 · >