Business

India’s automobile exports clock 15.5 pc growth in April-June quarter

New Delhi: India’s automobile exports clocked a robust 15.5 per cent growth in the April-June quarter of the current financial year compared to the same period in the previous year, according to…
Nifty hits fresh record high in early trade; Sensex climbs 290 points

Mumbai: Equity benchmark indices rallied in early trade on Monday, with the Nifty hitting its new all-time high and the Sensex climbing 290 points, helped by buying in IT stocks and fresh…

Zomato, Swiggy hike platform fee to Rs 6 per order

New Delhi: Food delivery platforms Zomato and Swiggy have once again hiked platform fee to Rs 6 per order from an earlier Rs 5 — a 20 per cent increase. Currently being…
27 establishments add 30K employees, over Rs 16 cr to EPFO fund in 2 years

New Delhi: The Centre on Sunday said that 27 establishments have surrendered their exemption in the last two years, adding about 30,000 employees and an amount of Rs 1688.82 crore to the…
India has potential to become world’s 2nd largest economy by 2031: RBI Dy Guv

Mumbai: Given the country’s innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by…
Budget 2024: Govt may alter laws to push banking sector reforms

New Delhi: The government is likely to introduce amendments to Banking Regulation Act 1949 and other laws to push banking sector reforms during the upcoming Budget session. Apart from this, amendments in…
Musk’s X developing ‘dislike’ button for downvoting replies

New Delhi: Elon Musk-run X is developing a downvoting feature which will be used to improve the ranking of replies. While the company hasn’t announced its plans officially, recent findings suggest that…

Users report losing lakhs due to glitch in Zerodha, firm says ‘issue now resolved’

New Delhi: Several users on Friday reported losing lakhs of rupees while trading on brokerage firm Zerodha’s trading platform Kite due to a glitch in the application. However, the company said the…
Fintech firm Partior raises over $60 million in funding

New Delhi: Fintech company Partior on Friday announced the first close of over $60 million Series B round led by the venture capital and growth investing firm Peak XV Partners. The round…
Nothing sells 1 lakh units of India-made CMF Phone 1 in 3 hours

New Delhi: London-based technology company Nothing on Friday announced that 1 lakh units of its sub-brand’s debut smartphone CMF Phone 1, which is being manufactured in India, was sold in just three…
Sensex, Nifty hit record high on buying in IT stocks

Mumbai: Equity benchmark indices Sensex and Nifty hit their fresh record high levels on Friday amid heavy buying in IT stocks after TCS announced its June quarter earnings. The 30-share BSE Sensex…
Sensex trades higher on positive global cues

Mumbai: Indian equity benchmarks opened in the green on Friday following positive global cues. At 9:50 a.m., Sensex was up 282 points or 0.35 per cent at 80,180 and Nifty 50 was…
Musk’s X banned over 1.9 lakh accounts for policy violations in India

New Delhi: Elon Musk-run X Corp has banned 194,053 accounts in India between May 26 and June 25, mostly for promoting child sexual exploitation and non-consensual nudity. The microblogging platform, going through…
Centre picks 7 homegrown startups to build next-gen tech for aerospace, defence sectors

New Delhi: The government on Thursday awarded seven new projects to startups under the Technology Development Fund scheme for various requirements of the Armed Forces and aerospace and defence sectors. The move…
Demat accounts surge to 162 mn in June, NSE active clients reach 44.2 mn

New Delhi: The number of demat accounts increased to 162 million in June, jumping 4.2 million (month-on-month), a report showed on Thursday. In the current fiscal, the average monthly demat accounts addition…