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Japans exports, imports sank in May amid pandemic fallout. (AFP Photo)

Engineering exports reach half-way mark

Annualising the figure means we are well on track to achieve our target of $105 billion in FY22

25 Oct 2021 8:04 AM IST

The changes have been made by the Department of Financial Services under the finance ministry by amending Life Insurance Corporation of India (Employees) Pension (Amendment) Rules. Besides, some other rules under LIC Act, 1956, have been amended. (PTI Photo)

LIC books profit in blue chips ahead of IPO bid

It was a crucial quarter for LIC as profit booking would help it strengthen its balance sheet ahead of the mega IPO in...

25 Oct 2021 8:01 AM IST

NSUI members stage a protest at a petrol pump over hike in the petrol and diesel prices in New Delhi. (Photo: PTI)

Petrol, diesel prices hiked for fifth straight day

In Chennai, petrol and diesel cost Rs 104.52 and Rs 100.59 per litre respectively

24 Oct 2021 11:42 AM IST

ATF price hiked by 7.5 pc; petrol, diesel rates unchanged for 2nd straight day. (PTI Photo)

Petrol, diesel prices hiked for fourth consecutive day

Rates have been increased across the country and differ from state to state depending on the incidence of value-added...

23 Oct 2021 11:06 AM IST

Kia Motors. (Image- PTI)

New SUVs see rush for bookings

New SUV Mahindra XUV700 with a starting price of Rs 11.99 lakh sold 25,000 units in less than an hour of the launch on...

22 Oct 2021 7:39 AM IST

FICCI calls for interest-free, collateral-free loans to support MSMEs amid lockdown. (ANI Photo)

MSMEs to get $100 mn fund for digitisation

HDFC Bank will reach beyond its current customer base to make 50 pc of this credit facility available to new small...

22 Oct 2021 7:31 AM IST

In another promising start to the earnings season, state-owned Bank of Maharashtra (BoM) doubled its net profit at Rs 264 crore in the September quarter against Rs 130 crore in the same quarter last year on a sharp rise in net interest income and recovery from DHFL. DC

IDBI Bank, BoM report rise in interest income

IDBI Bank's net interest income rose 9 per cent at Rs 1,854 crore for Q2 FY22

22 Oct 2021 7:23 AM IST

Googles recent release, Triangle, an experimental app, has arrived for users to assure better data management on their smart phones.

Festive smartphone sales to hit record

The highest-ever number is coming at a time when the global smartphone industry is facing component shortages

22 Oct 2021 7:17 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

7th Central Pay Commission: Centre approves 3% DA increase for Central...

Dearness Allowance and Dearness Relief will go up from 28 per cent to 31 per cent and the increase will be effective...

21 Oct 2021 5:10 PM IST

Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. (AFP Photo)

Tesla lobbies PM Modi's office to slash taxes before it enters market:...

Tesla wants to begin selling imported cars in India this year but says taxes in the country are among the highest in the...

21 Oct 2021 1:48 PM IST

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC Image

Changing saving habits a challenge to gold demand

Decreasing household savings is a challenge for gold demand in the shor- term

20 Oct 2021 9:15 AM IST

The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

Home prices seen moving up in a year

Real estate prices have remained stagnant for six-seven years and have hit rock-bottom in recent times

20 Oct 2021 9:09 AM IST