Economy
Food delivery, cab service to become costlier, petrol, diesel still not under GST
E-commerce operators are being made liable to pay tax on transport of passengers by any type of motor vehicles
Inflation to stabilise only by FY24: Patra
Retail inflation moderated to 5.3 per cent in August but remained above the medium-term target of the RBI
SBI cuts home loan rate to 6.7%, BoB to 6.75%
A Cibil credit score of more than 800 will make a borrower eligible for a home loan rate of 6.7 per cent
Inflation eases in August to 5.3%
It was 5.59 per cent in July but had stood at a high 6.69 per cent in August 2020, the government data showed on Monday
32 start-ups to turn unicorns in two years
India is currently home to 51 unicorns worth $168 billion
Sensex, Nifty move Higher
The Sensex closed 514 points or 0.90 per cent up at 57,852 while Nifty-50 gained 157.90 points or 0.92 per cent to close
Sign of recovery? GDP sees rise of 20 per cent in April-June
Briefing to the media about the GDP numbers, chief economic adviser KV Subramanian said that the data is an indicative of economic recovery
Rupee to strengthen as Fed hints at tapering
The rupee on Friday strengthened 53 paise against the US dollar to close at 73.69
Insurance bond could substitute bank guarantee
Bank guarantees are usually asked for while extending a loan and typically require a collateral
Demand for airline fuel surges in India with tourism rebound
India is proving to be a bright spot for jet fuel demand after the delta variant interrupted a recovery in air travel from the US to China