Monday, Oct 02, 2023 | Last Update : 02:20 PM IST



Reserve Bank of India. (AA file photo)

RBI hints at end to low interest regime in June

Central bank may shift its focus to taming inflation

The Economic Survey 2020-21 had projected GDP growth of 11 per cent during the current financial year. (Photo: PTI/Representational)

India on way to becoming fastest growing economy in world: FinMin report

Rapid vaccination and teeming festivities will push India's ongoing recovery, as per the report

In 2020, the government had infused Rs 12,000 crore in some companies which are holding about 40 per cent market share in the general insurance space. Representational Image. (PTI)

Insurers pruning branch networks

The government's focus has now shifted more towards consolidation and profitability than expansion, and hence, the restructuring exercise

At the interbank foreign exchange, the rupee opened at 80 against the American dollar, then lost ground to quote at 80.05, registering a fall of 7 paise from the last close. (PTI)

Rupee falls to all-time low of 80.05 against US dollar

The rupee opened on a weaker note on Tuesday morning weighed down by outflows and high oil prices

Pandey said that the government is expecting disinvestment of BPCL in the last quarter as well. (Photo- BPCL)

After Air India, govt to disinvest BPCL, float LIC IPO by last quarter of FY22

Bharat Petroleum Corporation Ltd (BPCL) is another company that is on the divestment list of the government


The 30 stock S&P BSE Sensex opened deep in the red. (Photo: PTI/File)

Sensex tumbles 1,214 points; banking, auto stocks worst hit

The stocks have tumbled for the third straight day on negative cues from the global equities amid the ongoing Russia-Ukraine conflict

Analysts expect real  estate sales to pick up pace in the festive season (Photo: AFP/File)

Realty stocks jump on short covering

The BSE Realty Index closed 8.39 per cent up

 Sensex surges nearly 400 pts in early trade; Nifty tops 11,500. (PTI Photo)

Markets open in green, Sensex up 400 points; Nifty above 11,500

IndusInd Bank was the top gainer in the Sensex pack, surging around 4 per cent

The 30-share BSE gauge plummeted about 2,850 points during the session before closing at 54,529.91, registering a massive fall of 2,702.15 points or 4.72 per cent. (Photo:PTI)

Sensex tanks over 2,700 pts amid global meltdown as Russia invades Ukraine

This was its biggest decline since March 23, 2020, and the fourth-worst fall ever in absolute terms


Sabeer Ahluwalia (on the left) with Neil Shaw. (AA Image)

Eastern India gets a private jet club - Yaqoot Air Charter

The private jets will provide air strips in exotic locations that are usually not covered by regular airlines

Elon Musk (Twitter/@AFP)

Elon Musk reaches deal to buy Twitter for $44 bn

Musk, a self-proclaimed 'free-speech absolutist', said he wants to reform what he sees as the platform's over-zealous content moderation

Earlier this month, the ED had also questioned the global vice president of the group, Manu Kumar Jain, at the agency's regional office in Bengaluru, Karnataka. (PTI)

ED seizes Rs 5,551 cr deposits of smartphone giant Xiaomi India for FEMA violation

A probe was earlier launched against the company in connection with alleged 'illegal remittances' sent abroad by the Chinese firm

Post the merger, the promoters of Inox will become co-promoters in the merged entity. Later the board of the merged company would be re-constituted with a total board strength of 10 members, with both the promoter families having two board seats each. — DC Image

PVR, Inox Leisure ink all-stock merger deal

The boards of PVR and Inox Leisure have approved an all-stock amalgamation of Inox with PVR

Built on WhatsApp Business Platform, the partnership will expand access to Uber's mobility services in one of the company's largest international markets, it was stated. (Photo: Agencies)

Uber, WhatsApp announce partnership to launch ride-booking via WhatsApp in India

The first roll out on a pilot basis will take place in the northern city of Lucknow first, and will be expanded to other Indian cities soon


 The company said on June 26 that 140 of the roughly 8,000 staff at the factory had caught the virus and two had died. (PTI Photo)

Bajaj Auto unions demand factory halt after 250 workers test COVID-19 positive

It said work there would not be stopped, however, as the company wanted to learn to “live with the virus”

The micro-SUV is the recipient of the Global NCAP 5-star rating for adult occupant protection. (Photo: Twitter/@TataMotors_Cars)

Tata Punch priced at Rs 5.49 lakh

The mini-SUV from the Tatas is India’s first sub-compact SUV

The model comes with a 4X4 drive and a water wading capacity of 700 mm. Toyota Hilux, estimated to be priced between Rs 27 to Rs 31 lakh, is a mix of adventure and luxury.  —  Facebook

Toyota unveils pick-up Hilux

While bookings have started for the new multi-utility vehicle with a down payment of Rs 1 lakh, the price would be announced in March

 India's car sales plunge. (PTI)

India's car sales plunge amid lockdown

Government last week sent India into a 21-day lockdown to try to curb the spread of the virus, forcing automakers to suspend manufacturing

In Other News

Any recoveries made as a result of avoidance applications should go to the creditors of Dewan Housing Finance Corp and not to the successful bidder—Piramal Group, the NCLAT ruled. —  DC Image

NCLAT asks CoC to consider 63 Moons appeal in DHFL resolution

63 Moons said the CoC has to reconsider the provision of Sec 66 of IBC, which mandates that the benefit should go to all the DHFL creditors

Mukesh Ambani (AFP)

Mukesh Ambani buys Dubai's costliest home ever for his son

The beach-side mansion sits in the northern part of Palm Jumeirah and has 10 bedrooms, a private spa, and indoor and outdoor pools

On Wednesday the West Bengal Transport Corporation (WBTC) awarded the work order to Tata Motors under the ‘Grand Challenge’ initiative of Convergence Energy Services Limited (CESL).  (Representational image/DC)

Tata Motors to build 1180 e-buses for Bengal government

Mamata government has entrusted the automobile giant for building, operating and maintaining 1,180 electric buses in Kolkata

People work on the main stage of the World Economic Forum at the eve of the event in Davos, Switzerland, Saturday, Jan. 21, 2022.   (AP Photo/Markus Schreiber)

Davos set to host World Economic Forum, Ukraine crisis, climate change key focus

The World Economic Forum (WEF) said the Annual Meeting 2022 will focus on 'history at a turning point', the theme of the summit

 IndiGo announces 'deeper' pay cuts of up to 35 per cent for senior employees. (AFP Photo)

IndiGo slashes pay up to 35% for senior employees

From May onwards, IndiGo had implemented pay cuts of up to 25 per cent for its senior employees