Business
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RBI cancels banking licence of Paytm Payments Bank
Mumbai: The Reserve Bank of India on Friday, APril 24, said it has cancelled the banking licence issued to Paytm Payments Bank. The licence was cancelled as the “affairs of the bank…
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Markets slide for third straight day as crude spike, IT sell-off drag sentiment
Mumbai: Equity benchmark indices Sensex and Nifty tumbled over 1 per cent on Friday, falling for the third consecutive day, as a sharp rally in crude prices and massive selling in IT…
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Hyderabad: TGIIC earns Rs 768 cr from Osmannagar land auction
Hyderabad: The Telangana Industrial Infrastructure Corporation recorded a strong response to its land auction held in Hyderabad on Thursday, April 23, fetching a total of Rs 768.36 crore from the sale of…
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World Cup final tickets listed for over USD 2 million on FIFA resale site
New York: FIFA’s resale site has four tickets on sale for the World Cup final for just under USD 2.3 million each. The USD 2,299,998.85 seats for the July 19 match at…
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Stocks fall early as crude oil tops 100 Dollars per barrel
Mumbai: Equity benchmark indices Sensex and Nifty tumbled in early trade on Thursday, April 23, as crude oil prices once again breached the USD 100 per barrel mark amid stalled US–Iran negotiations.…
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Online gaming rules notified, govt says registration not mandatory
New Delhi: The government on Wednesday, April 22, notified long-awaited rules to operationalise the Promotion and Regulation of Online Gaming Act, paving the way for the sector’s digital-first regulator, “online gaming authority,”…
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Hardeep Puri’s daughter got USD 200 mn from Soros, who BJP calls India’s enemy
The Bharatiya Janata Party (BJP) has spent years casting George Soros as a foreign menace, calling him an “enemy of India” whose money flows into the country to destabilise its democracy and…
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After amending ATF rules, India allows ethanol blending in aviation fuel
New Delhi: India has permitted the blending of ethanol and other synthetic or man-made hydrocarbons in aviation turbine fuel (ATF), but has not set any immediate mandatory blending targets, according to a…
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Stock markets snap 3-day rally; Sensex tumbles 757 pts, jump in oil prices
Mumbai: Benchmark equity indices Sensex and Nifty tumbled nearly 1 per cent on Wednesday, April 22, snapping a three-day gaining streak due to heavy selling in IT stocks and an uptick in…
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Tesla brings SUV to India, it’s second offering in the country as it looks to expand market
Mumbai: American electric carmaker Tesla on Wednesday, April 22, announced acceleration of its journey in India, driving in the three-row six-seater SUV Model YL priced at Rs 61.99 lakh, its second offering…
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Iran war’s unlikely casualty: Diet Coke faces shortage across Indian cities
Hyderabad: Diet Coke has become an unlikely casualty of the Iran war, with the sugar-free soft drink disappearing from shelves in several major Indian cities amid a deepening shortage of aluminium beverage cans…
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Stock markets fall in early trade dragged by IT firms
Mumbai: Benchmark equity indices Sensex and Nifty declined in early trade on Wednesday, April 22, after a three-day rally, dragged by heavy selling in IT stocks. Foreign fund outflows and fears of…
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Nitin Gadkari pushes for 100 pc ethanol blending amid West Asia oil concerns
New Delhi: Road Transport and Highways Minister Nitin Gadkari on Tuesday, April 21, said India should aspire to achieve 100 per cent ethanol blending in the near future, as vulnerabilities in oil…
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Krafton, Naver Corporation launch Rs 6,000 cr India-focused unicorn growth fund
New Delhi: South Korea-based leading technology firms, Krafton and Naver Corporation, have launched a Unicorn Growth Fund with a Rs 6,000 crore corpus that will focus on supporting Indian technology companies, a…
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Stock markets trade higher in early session
Mumbai: Equity benchmark indices Sensex and Nifty rallied in early trade on Tuesday, April 21, as reports of second round of talks between US and Iran are keeping hopes of resolution to…
