Business
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Rupee trades in a narrow range in early session against US dollar
Mumbai: The Indian rupee was trading in a narrow range in morning trade on Monday as elevated crude oil prices negated the impact of positive domestic equities. At the interbank foreign exchange,…
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CAIT urges Centre to exempt GST registration for e-commerce sales
New Delhi: The Confederation of All India Traders has requested Union Finance Minister Nirmala Sitharaman to waive mandatory GST registration for selling products through e-commerce platforms. GST runs contrary to the vision…
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EV owners can now charge vehicles using existing electricity connections
New Delhi: The Centre’s new guidelines for electric vehicle charging infrastructure now allow owners to charge their vehicles at their residences or offices using existing electricity connections. The new ‘revised consolidated guidelines…
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Sitharaman holds pre-budget consultations with BJP leaders
New Delhi: Union Finance Minister Nirmala Sitharaman on Sunday held pre-budget consultations with BJP leaders in which representatives from 25 states participated virtually and gave their suggestions on the budget. The meeting…
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HDFC Bank standalone net profit rises 18 pc to Rs 10,342 cr in Dec qtr
New Delhi: The country’s largest private sector HDFC Bank on Saturday reported an 18.1 per cent rise in its standalone net profit at Rs 10,342.20 crore for the quarter ended December 2021,…
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EV owners can charge vehicles using existing electricity line
New Delhi: The Centre’s new guidelines for electric vehicle charging infrastructure now allow owners to charge their vehicles at their residences or offices using existing electricity connections. The new ‘revised consolidated guidelines…
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Modi’s National Startup Day a new start for Indian entrepreneurs
New Delhi: With Prime Minister Narendra Modi announcing to celebrate January 16 as the National Startup Day, the meteoric rise of desi entrepreneurs in the past couple of years, which made global…
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HDFC Bank’s Q3FY22 YoY net profit up 18.1%
Mumbai: Lending major HDFC Bank on Saturday reported a year-on-year rise in net profit of 18.1 per cent for the third quarter of FY22. The bank’s net profit increased to Rs 10,342.2…
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Maruti Suzuki increases vehicle prices by upto 4.3 percent due to increased input costs
New Delhi: Maruti Suzuki, India’s largest carmaker, on Saturday said it has increased vehicle prices by upto 4.3 percent due to an increase in various input costs. The prices have been increased…
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Gautam Adani may soon become second Indian to enter into $100 bn club
Mumbai: Gautam Adani, founder and chairman of Adani Group who is also the second richest person in India, is likely to become the second Indian to enter into a $100 billion club.…
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Indian Gen Z and millennials keen on investing in silver versus gold
New Delhi: A survey taken of over 5,000 respondents from across all major Indian cities including Chennai, Bengaluru, Hyderabad, Kolkata, Mumbai and New Delhi by Divas Mantra, a luxury silver jewellery brand,…
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Profit booking, global cues subdue equity indices; metal stocks down
Mumbai: Profit bookings along with negative global cues subdued India’s equity indices — S&P BSE Sensex and NSE Nifty50 — on Friday. Resultantly, the two indices closed on a flat note after…
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Tesla Cybertruck production dates removed from website
San Francisco: Elon Musk-owned electric vehicle company Tesla has reportedly removed the dates about Cybertruck production from its website. According to The Verge, order page on Tesla’s Cybertruck site previously told buyers:…
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Israel’s high-tech industry exports up by 25% in 2021
Jerusalem: Israel’s high-tech industry exports increased by 25 per cent in 2021 as compared to 2020, the country’s Central Bureau of Statistics has reported. Israel’s high-tech exports totaled $20.16 billion in 2021,…
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Amazon aggregator Thrasio to infuse Rs 3,750 cr in buying Indian brands
New Delhi: Thrasio Holdings Inc, an aggregator of private brands on Amazon, on Friday said it will invest Rs 3,750 crore (nearly $500 million) to acquire leading digital-first brands in India. Thrasio…
