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Tax authorities raids Chinese entities for money laundering. (PTI Photo)

Rupee to strengthen as Fed hints at tapering

The rupee on Friday strengthened 53 paise against the US dollar to close at 73.69

28 Aug 2021 3:02 AM IST

Kotak AMC has also been directed to refund a part of the investment management and advisory fees collected from the unitholders of the six FMP schemes. (Twitter)

Kotak fund faces Sebi heat

Sebi found six FMPs of the fund house where payment were delayed

28 Aug 2021 2:37 AM IST

Prices of both rough and polished diamonds had remained stable in the pandemic-hit 2020 despite a fall in demand. (Photo: Representational/Pixabay)

Diamond prices go up as jewellery demand rises

Diamond prices have moved up by up to 20 per cent in 2021 with the demand for jewellery rising in key markets

27 Aug 2021 12:48 AM IST

British lender Barclays Bank PLC. (AFP Photo)

Barclays bets on India again with Rs 3,000-cr infusion

This is Barclays' single largest capital infusion in its Indian business in the last three decades

27 Aug 2021 12:41 AM IST

Walmarts Flipkart eyes alcohol delivery foray with Indian startup, letters show. (PTI Photo)

Flipkart adds new warehouses in Karnataka, to create over 14,000 job...

Flipkart has nine supply chain facilities, including fulfilment and sortation hubs in Karnataka spread across nearly 23...

26 Aug 2021 8:07 PM IST

The government believes the investment will give a boost to the National Monetisation Pipeline. (Photo: Twitter/@FinMinIndia)

Cabinet clears Rs 15K crore FDI in Watsa firm

Anchorage, owned by investor Prem Watsa's Fairfax India Financial Holdings, invests in infrastructure, construction and...

26 Aug 2021 11:52 AM IST

As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)

Brokers can't sell digital gold, NSE says

The direction came after the Sebi said certain members are providing a platform to their clients for buying and selling...

26 Aug 2021 11:44 AM IST

Finance secretary T. V. Somanathan on Tuesday made the announcement during a meeting. (Photo: Twitter/@FinMinIndia)

Insurance bond could substitute bank guarantee

Bank guarantees are usually asked for while extending a loan and typically require a collateral

26 Aug 2021 11:37 AM IST

Demand for airline fuel surges in India with tourism rebound

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...

26 Aug 2021 11:27 AM IST

Automobile volumes in FY21 pushed the industry back by six years. (File Photo/Representational)

High taxes rile auto-makers

The demand for vehicles is unlikely to revive as buyers are finding it difficult to buy cars and two-wheelers

26 Aug 2021 11:24 AM IST

Union Finance Minister Nirmala Sitharaman speaks during the post-budget press conference, at National Media Centre in New Delhi, Monday, February. 1, 2021. (PTI/Arun Sharma)

FM to review PSBs performance

Tuesday's interaction would be with senior officials of the Income Tax Department at the agency's office at Bandra Kurla...

24 Aug 2021 9:25 AM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

Home loan issuances rise 26% in first half

Low interest rates, lower stamp duties in some states, attractive incentives by builders helped a 42% surge in demand...

24 Aug 2021 9:22 AM IST