Business
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Sensex, Nifty firm up gains in opening session
Mumbai: The BSE gauge Sensex rose over 277 points in opening deals on Tuesday, tracking overall buoyancy in global markets led by record-setting US stocks. Continuing its winning momentum, the 30-share benchmark…
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RBI allows offline digital payments
Mumbai: To push digital transactions in rural and semi-urban areas, the Reserve Bank of India (RBI) on Monday issued a framework allowing offline payments up to Rs 200 per transaction, subject to…
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EV push, rising sales support Tata Motors’ shares in 2021; outlook positive
New Delhi: The rally in Tata Motors shares continued in the New Year as they rose 3 per cent in the very first session of 2022. The automaker’s shares rose 160 per cent…
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Govt currency PSU mints Rs 240 crore dividend amid Covid-19
New Delhi: Businesses around the world were struggling to cope up with running losses amid the pandemic, but the government mint was able to pay Rs 240 crore dividend to the government,…
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Suez Canal revenues hit all-time record at USD 6.3 billion
Cairo: Egypt’s Suez Canal said Sunday its annual revenues reached USD 6.3 billion last year, the highest in the crucial waterway’s history. Admiral Ossama Rabei, head of the Suez Canal Authority, said…
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Rupee starts 2022 on muted note, falls 14 paise to 74.43 against USD
Mumbai: The rupee started the year 2022 on a muted note as it slipped 14 paise to 74.43 against the US dollar in opening trade on Monday, tracking weak macroeconomic data. At…
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Tata Motors’ December sales up 24% YoY
New Delhi: Automobile manufacturer Tata Motors on Saturday reported a rise of 24 per cent in its domestic sales in December 2021 on a year-on-year basis. The domestic sales rose to 66,307…
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Inflation concerns, volatility in risky assets to boost gold’s demand: ICICI Securities
New Delhi: Rising concerns over higher inflation and expectations of high volatility in riskier assets are expected to boost the demand for gold in 2022, brokerage house ICICI Securities said. Besides, the…
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Swiggy receives 9,500 orders per minute on New Year’s Eve
New Delhi: Online food delivery platform Swiggy on Saturday said that it broke its record of 5,500 food orders per minute on December 31, ending the night with an order peak of…
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India gets 1st unicorn of 2022 in Mamaearth parent Honasa
Gurugram: Digital-first consumer brands platform Honasa, that owns personal care brands like Mamaearth, on Saturday said it has raised $52 million led by Sequoia, becoming the first Indian unicorn of 2022. Along…