Business
Probe of Rs 512 Crore Karnala Bank Fraud Case Handed over to Maharashtra CID
As the scope of the investigation is wider and several local persons were allegedly involved in the crime, Navi Mumbai police requested the state CID to take over the probe, an official said.
Reliance Industries Shares Gain Over 1 Percent After Intel Capital Deal
On the NSE, the stock advanced 1.40 per cent to Rs 1,785. Electronic chip maker Intel's investment arm, Intel Capital, will buy 0.39 per cent stake in Mukesh.
Rupee Jumps 44 Paise to 74.60 Against Dollar Amid Optimism Over Potential Covid-19 Vaccine
Forex traders said investors were bullish on emerging market assets following encouraging vaccine test results. Moreover, positive domestic equities, steady crude oil prices and weak US currency supported the local unit.
Rupee Rises 13 Paise to 75.45 against US Dollar in Early Trade
Forex traders said positive domestic equities and weak US currency supported the local unit, while foreign fund outflows and concerns over rising COVID-19 cases weighed on investor sentiment.
Sensex Rises Over 200 Points in Opening Session on Firm Global Cues
The 30-share index was trading 211.55 points, or 0.61 per cent, higher at 35,173.07, while the NSE Nifty rose 57.35 points, or 0.56 per cent, to 10,369.75.
Sensex Drops 210 Points as Pandemic Fears Cloud Outlook for Recovery Globally
Further, geopolitical tensions like India-China border issue and US-China trade differences also kept participants on edge, traders said.
From July, Register Enterprise Online With Aadhaar, Self-declaration
Officials said that this has been made possible with the integration of the Udyam Registration process with the Systems of Income Tax and GST and the details filled in can be verified on the basis of PAN number or GSTIN details.
Gold Slips from Near Eight-year Peak as Coronavirus Surge Drives Cash Hunt
There has been a rise in cases elsewhere as well, including Brazil, Latin America and India, which is also the world's second-biggest bullion consumer.
India Retains Position as Third-largest Economy in Terms of Purchasing Power Parity for 2017
PPP of the rupee per dollar at the gross domestic product (GDP) level rose to 20.65 in 2017 from 15.55 in 2011, while the exchange rate of a dollar to a rupee rose to 65.12 from 46.67 during the period.
Likely Job Cuts, Salary Reductions in Wake of Pandemic to Have Relatively Low Impact on SBI: Chairman
SBI Chairman Rajnish Kumar said the true impact of COVID pandemic must also consider the behavioral impact on bank's customers, and composition of portfolio, among others.
With Falling Wholesale Prices and Drop in Demand, Round 2 of Stimulus is Need of the Hour
From all available indications and macro-economic data, a second round of stimulus is not just the need of the hour, it could be critical to sustain even the lowered economic contraction forecasts.
Indian Companies Shifting Accounts to Large, Stable banks amid Covid-19 Crisis: Report
For an Indian banking system already in turmoil before the outbreak of the global pandemic, the COVID-19 crisis represents an especially stern test.
Wholesale Prices Plunge to 4.5 Years Low, WPI Deflation at 3.21% in May
The Wholesale Price Index (WPI) has hit its lowest level since November 2015, when deflation was 3.7 per cent.
TPG, L Catterton Invest Over Rs 6,400 Crore in Reliance Jio as Total Fundraising Races Past Rs 1 Lakh Crore
Global investment firm TPG will buy a 0.93% stake for Rs 4,546.80 crore, while private equity firm L Catterton will pick up a 0.39% stake for Rs 1,894.50 crore, Reliance said.
Economic Growth to Revive after Containment of Covid-19 Pandemic: Niti Aayog Vice-chairman Rajiv Kumar
Kumar further said that India's strong democratic institutions promote policy stability and the ongoing economic reforms, if executed well, should keep the country's growth rate ahead of peers.
Job Loss Most Severe Immediate Impact of Covid-19: Survey
The preliminary results showed that loss of employment was considered as the most severe immediate impact of the crisis while lower economic growth and rise in inequality were probable long-term impact.