Economy
India posts Rs 72,000 crore profit on Diwali sales, China suffers loss of 40,000 crore
The recent mission of boycotting trade activities via Chinese markets had led Chinese traders to suffer a loss of Rs…
Economy
Policy
Cabinet approves PLI scheme worth Rs 1.46 lakh crore
The cabinet on Tuesday approved the Production Linked Incentive (PLI) scheme for 10 sectors of worth Rs 1.46 lakh crore.…
Economy
5% GST to be applicable on manmade fibre in upcoming budget
The centre has received recommendations regarding a uniform GST of 5 percent to be made applicable on manmade fibre or…
Markets
Sensex hits 43,000-mark for first time ever on COVID-19 vaccine cheer
As global investors cheered progress in the development of a COVID-19 vaccine, the BSE Sensex touched the 43,000-mark for the first…
Markets
FPIs pump in over Rs 8,300 crore during November 2-6
In the first five trading sessions of November, foreign portfolio investors (FPIs) have pumped in Rs 8,381 crore on a…
Banking
Q2 Results: State-owned Indian Overseas Bank reports net profit of Rs 148 crore
Public lender Indian Overseas Bank (IOB) registered a net profit of Rs 148 crore for the second quarter of current fiscal…
Markets
SEBI introduces “flexi-cap fund” category for mutual funds
The Securities and Exchange Board of India launched “flexi cap fund” category, requiring a minimum investment into equity and equity-related…
Companies
State-run HPCL announces Rs 2,500-cr share buyback
The board of Hindustan Petroleum Corp Ltd (HPCL) has approved share buyback worth ₹2,500 crore i.e. 10 crore shares at ₹250 per…
Markets
NSE, BSE to hold 1-hour Diwali muhurat trading session on November 14
To mark the auspicious occasion of Diwali, the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will conduct one-hour special…
Banking
Punjab National Bank’s Q2 net profit rises 22% to Rs 621 crore
State-owned Punjab National Bank reported a 22 per cent jump in net profit to nearly Rs 621 crore for the…
Banking
Yes Bank likely to sell its NPA portfolio worth Rs 32,344 crore
In a bid to regain its lost place in the banking industry, Yes Bank is likely to sell its non-performing…
Markets
Reserve Bank to restore market trading hours from next week
Announcing phased restoration of trading hours for several debt as well as currency markets, the Reserve Bank of India (RBI) stated the trading…