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Gold prices edged higher on Monday, holding above the key $1,800-per-ounce level. (PTI Photo)

Gold gains Rs 123; silver zooms Rs 766

Silver also zoomed Rs 766 to Rs 66,926 per kilogram from Rs 66,160 per kilogram in the previous trade

4 Aug 2021 5:06 PM IST

Power distribution companies are estimated to have suffered a loss of Rs 90,000 crore in FY21, according to Niti Aayog. Representational Image. (Twitter)

Discoms may incur '75,000 cr loss in FY22

The pandemic and the subsequent lockdown seriously damaged discoms' finances

4 Aug 2021 3:02 AM IST

On Tuesday ACMA said the turnover of the automotive component industry fell 3 per cent year-on-year at Rs 3.4 lakh crore ($45.9 billion) in FY21. (Twitter)

Auto component industry turnover falls for 2nd year

This is for the second year in a row that the industry's turnover mov-ed to the negative zone

4 Aug 2021 2:26 AM IST

PepsiCo Inc witnesses double-digit fall in beverage sales in India. (AFP Photo)

PepsiCo to sell Tropicana, other juices, in $3.3B deal

PepsiCo bought Tropicana in 1998 and the Naked juice brand, also part of the sale Tuesday, about 10 years later

3 Aug 2021 8:02 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)

Indian auto part makers want Tesla's entry to benefit local companies

Tesla Inc Chief Exec Elon Musk said in July that the company was likely to set up a factory in India if successful with...

3 Aug 2021 7:26 PM IST

HDFC Banks valuation zoomed Rs 61,612.11 crore to reach Rs 5,21,660.14 crore. (PTI Photo)

HDFC Q1 profit falls 1.7% to Rs 3000 cr

The company said the profit numbers for the quarter are not directly comparable with those of the previous year

3 Aug 2021 8:52 AM IST

The Nikkei India Manufacturing Purchasing Managers Index (PMI) fell to 50.3 in October, from 51.2 in September, indicating a broad stagnation in the manufacturing sector.

Manufacturing PMI jumps to 55.3 in July

According to monthly IHS Markit India Manufacturing Purchasing Managers' Index survey, the index moved above the...

3 Aug 2021 8:51 AM IST

Monin had signed an MoU with the Department of Industries & Commerce, Government Of Telangana in 2018 and announced an initial investment of Rs 100 crore to set up a plant in India. youtube.com

Georges Monin To invest Rs 200 Cr in Telangana

Despite the setback due to the Coronavirus pandemic, the French company has now doubled its investment for the plant

3 Aug 2021 8:36 AM IST

HSBCs forex strategists see the rupee weakening versus the USD to 68.0 by end-2016 and 69.5 by end-2017.

Forex reserves up by $135 bn in pandemic

As on July 16, 2021, foreign exchange reserves stood at $612.7 bn against $477.8 billion at the end of March 2020, up by...

3 Aug 2021 8:34 AM IST

To begin with e-Rupi facility will be available for health services and would later be expanded to other segments. PTI

Prime Minister launches e-RUPI

e-Rupi voucher will be delivered in the form of a QR code or SMS string-based e-voucher to the beneficiary's mobile...

3 Aug 2021 8:31 AM IST

GST collections in July fall 14% due to COVID lockdown. (Photo-ANI)

GST collections cross Rs 1-L cr mark in July

The GST collections in July 2021 are primarily for supplies and sales made in June

2 Aug 2021 1:14 PM IST

Maruti Suzuki India records 86% slump in May sales. (PTI Photo)

Carmakers report healthy July sales

Top automakers clocked high double-digit car sales growth on the back of continued demand recovery and stability in...

2 Aug 2021 12:27 PM IST