Business
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Delhi HC dismisses Future’s plea to end arbitration with Amazon
New Delhi: In a setback to the Future Group, the Delhi High Court on Tuesday dismissed its pleas seeking a direction to a Singapore tribunal to deal with its termination application in…
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Rally in equities continues; Sensex, Nifty settle 1% high
New Delhi: Amid rising Covid cases in the country, Indian equity markets continued with their uptrend and settled sharply higher on Tuesday. Accordingly, Sensex and Nifty settled at 59,855 points and 17,805…
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SBI increases limit on IMPS transactions to Rs 5 lakh
New Delhi: The State Bank of India has increased the limit on IMPS (Immediate Payment Service) transactions from Rs 2 lakh to Rs 5 lakh. IMPS, offered by National Payments Corporation of…
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Tata Motors’ PV sales overtake Hyundai in December
New Delhi: Automobile manufacturer Tata Motors’ passenger vehicles vertical sold more units than Hyundai Motor India in December. Besides, PVs, Tata Motors has a major presence in the commercial vehicle segment. Tata…
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Sensex extends gains for 3rd day amid global rally
Mumbai: Equity benchmarks defied gravity for the third session on the trot on Tuesday, in tandem with a rally in global markets as investors shrugged off soaring Omicron cases in multiple countries.…
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Rupee falls 29 paise to close at 74.57 against US dollar
Mumbai: The rupee on Tuesday slumped 29 paise to close at 74.57 (provisional) against the US dollar, tracking the strength of the American currency in the overseas market. Forex traders said growing…
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Rupee falls 26 paise to 74.54 against US dollar in early trade
Mumbai: The rupee declined by 26 paise to 74.54 against the US dollar in opening trade on Tuesday, tracking the strength of the American currency in the overseas market. Forex traders said…
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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…
