Govt hikes import duty on gold and silver coins, jewellery findings
New Delhi, Jan 23 - The government has raised the import duty on gold and silver findings as well as coins of precious metals to 15 per cent, from 10 per cent at present, with effect from January 22.
Colgate-Palmolive logs Q3 PAT of Rs 330.11 cr
Chennai, Jan 23 - Fast moving consumer goods (FMCG) company Colgate-Palmolive (India) Ltd closed the third quarter of FY 24 with an after tax profit of Rs 330.11 crore.
Zee shares plunge 25% at lower circuit
New Delhi, Jan 23 - Zee Entertainment shares were down a massive 25 per cent on Tuesday.
Sensex down more than 500 points led by banks
New Delhi, Jan 23 - BSE Sensex has now slumped more than 500 points on Tuesday with banks leading the fall.
Coal import by power plants declines 40.66% in April-Dec as local production rises
New Delhi, Jan 22 - The country’s power generation based on domestic coal increased by 7.14 per cent to 872 billion units during April-December of the current financial year, compared to 813.9 billion units generated in the same period of the previous fiscal.
Farm sector to get Interim Budget boost for food security, inclusive growth
New Delhi, Jan 21 - The Interim Budget to be presented by Finance Minister Nirmala Sitharaman on February 1 will aim to give a major boost to the agricultural sector in order to enhance the country’s food security and ensure inclusive growth in
IREDA net profit surges 67% in Oct-Dec quarter
Mumbai, Jan 20 - Indian Renewable Energy Development Agency Ltd (IREDA) on Saturday reported an of 67.15 per cent year-on-year increase in its net profit at Rs 335.54 crore for the October-December of the current financial year.
Amazon removes ‘Shri Ram Mandir Ayodhya Prasad’ sweets after CCPA notice
New Delhi, Jan 20 - After getting a notice from the Central Consumer Protection Authority (CCPA), Amazon has removed sweets sold under the name 'Shri Ram Mandir Ayodhya Prasad'.
Money markets to remain shut on Jan 22: RBI
New Delhi, Jan 19 - Reserve Bank of India (RBI) on Friday said that the money markets will remain closed on January 22.
Airbus, Heligo sign services contract for H145 choppers
Hyderabad, Jan 19 - Airbus on Friday signed a services contract with Heligo Charter Private Limited for six Airbus H145 helicopters deployed for offshore and onshore operations in India.
Power capacity from non-fossil fuels to touch 65% by 2030: Minister
New Delhi, Jan 19 - Minister for Power and New & Renewable Energy R. K. Singh said on Friday that India is adding renewable energy capacity at a pace that is one of the fastest in the world and is likely to increase
T-Hub selects 10 startups to drive AI, semiconductor innovation in India
New Delhi, Jan 18 - Leading startup incubator T-Hub on Thursday announced the selection of 10 startups in partnership with the UK Government's 'UK-India Emerging Tech Exchange Programme'.
DMI Group acquires troubled fintech startup ZestMoney
New Delhi, Jan 18 - The DMI Group has acquired the homegrown digital EMI financing platform ZestMoney (Zest) for an undisclosed sum, the company announced on Thursday.
NHPC shares down more than 4% on offer for sale by govt
New Delhi, Jan 18 - NHPC shares fell more than 4 per cent on Thursday after the central government announced an offer for sale of the company’s shares.
Economists optimistic about 2024 as Fed reserve wins war over inflation
Washington, Jan 17 - Economists are confident that the US economy will turn around in 2024 as the federal reserve appears cheerful as it has won the war on inflation which was largely around 2.7 per cent against the targeted 2.0 per cent.
Hyundai Motor sells one of its plants in China for around $221 mn
Seoul, Jan 17 - South Korea's top carmaker Hyundai Motor has sold one of its plants in China as part of a business reorganisation strategy in the world's biggest auto market.
Sensex plunges more than 1,600 points led by HDFC Bank
New Delhi, Jan 17 - Markets have slumped further with the BSE Sensex now plunging more than 1,600 points in afternoon trade on Wednesday.
88% Indian professionals considering new jobs in 2024: Report
New Delhi, Jan 17 - Nearly nine in 10 (88 per cent) professionals in India are considering a new job in 2024 despite economic uncertainty, a new report revealed on Wednesday.
Indian markets snapped 5-day winning streak weighed down by realty, IT stocks
New Delhi, Jan 16 - Devarsh Vakil - Deputy Head Retail Research, HDFC Securities on Tuesday said that Nifty broke the 5 session’s winning streak by falling 65 points to close at 22032 weighed down mainly by realty and IT stocks.
RBI wants ceiling for state govts’ guarantees to be fixed at 5% of revenue
Mumbai, Jan 16 - The Reserve Bank of India (RBI) on Tuesday recommended that state governments should consider fixing a ceiling for incremental guarantees that they issue during a year at 5 per cent of Revenue Receipts or 0.5 per cent of Gross