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Home  Business

Business

India agrees to cut tariffs on US frozen turkey, duck, fresh blueberries: USTR

India agrees to cut tariffs on US frozen turkey, duck, fresh blueberries: USTR

  • Apple targets 7% market share in Android-dominated India by 2023

    Apple experienced a 68% year-on-year growth in iPhone shipments during the first half of this year in the country.
  • Taxmen can seek details of ITRs filed by investors in startups

    Income tax officials can seek details about ITRs filed by startup investors to ascertain if the amount invested is commensurate with the income shown in their personal ITRs
  • Legislation introduced in US House to remove high-tech export barriers to India

    The legislation was introduced on Friday by Congressmen Gregory Meeks, Ranking Member of the House Foreign Affairs Committee, and Andy Barr, vice chair of the House India Caucus
  • ICICI Bank gets RBI nod to make I-Process Services as wholly-owned subsidiary

    The bank has received approval from the Reserve Bank of India for making iProcess its wholly-owned subsidiary, subject to certain conditions, ICICI Bank said in a regulatory filing.
  • Panasonic to invest another Rs 300 cr in Andhra facility by 2026, aims higher exports from India

    The Japanese company is looking to use the facility for exports and will primarily target the Middle East and African markets, they told reporters here.
  • Bank of Baroda enables UPI ATM facility at over 6,000 ATMs across country

    It is the first public sector bank to launch UPI ATMs, in coordination with the National Payments Corporation of India (NPCI) and powered by NCR Corporation, BoB said in a statement.
  • Sovereign Gold Bond issue price fixed at Rs 5,923 per gram; subscription to open on Sep 11

    "The nominal value of the bond based on the simple average of closing price (for gold of 999 purity)... works out to Rs 5,923 per gram of gold," it said, while announcing the issue price of Sovereign Gold Bond Scheme 2023-24 Series II (second tranche).
  • Volvo electric car C40 Recharge showcased in Hyderabad

    Volvo Car India has showcased its Electric Car–C40 Recharge in Hyderabad with their business partner, Krishna Exclusive.
  • Exide Industries invests over Rs 100 crore in subsidiary making advanced chemistry batteries

    Automotive battery major Exide Industries Ltd said it has invested just over Rs 100 crore in its wholly-owned battery cell making subsidiary EESL.
  • RBI takes decision to withdraw incremental CRR in phased manner

    As much as 93 per cent of Rs 2000 currency notes that were in circulation on May 19 -- the day when the currency was withdrawn from circulation -- have been returned to banks.
  • Sensex and Nifty extend bullish trend, close in green

    In a positive outlook for the Indian stock markets, Morgan Stanley recently stated its expectation of key indices rising by 10 per cent by the time of the next general elections in the summer of 2024, further fueling optimism among investors.
  • RBI approves appointment of Dipak Gupta as interim MD of Kotak Mahindra Bank

    Reserve Bank has given its nod for appointment of Dipak Gupta as interim Managing Director and CEO of Kotak Mahindra Bank following the resignation of Uday Kotak
  • Stock markets rally for 6th day running

    The BSE Sensex climbed 174.96 points to 66,440.52 in early trade. The Nifty advanced 49.55 points to 19,776.60.
  • Rupee rises 10 paise to 83.13 against US dollar

    At the interbank foreign exchange, the domestic unit opened at 83.13, registering a rise of 10 paise over its last close.
  • Sebi disposes of adjudication proceedings against LIC

    Sebi on Thursday disposed of adjudication proceedings against state-owned LIC with respect to alleged violations of mutual fund norms.
  • Rupee hits all-time low of 83.23 against US dollar

    The rupee depreciated for the fourth straight day to settle 10 paise lower at its lifetime low of 83.23 against the US dollar on Thursday
  • Gold futures fall on low demand

    On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 95 or 0.16 per cent to Rs 58,993 per 10 grams in a business turnover of 11,994 lots.
  • Indian aviation sector to grow 8-13 per cent in FY24: ICRA

    Credit rating agency ICRA predicts the domestic air passenger traffic to grow at 8-13 per cent in FY24 to touch 150-155 million
  • India removes additional duties on certain US products

    India has removed additional duties on about half a dozen US products, including chickpeas, lentils and apples, which were imposed in 2019
  • SEBI mandates payment to Investor Protection and Education Fund only through online mode

    SEBI has said that payments to the SEBI Investor Protection and Education Fund (IPEF) account can now be made only through online mode
  • Silver likely to touch Rs 85,000 in next 12 months

    The momentum in silver is likely to continue, and could add another 15 per cent over the next few quarters, says a report by Motilal Oswal Financial Services
  • Govt seeks public comments on draft guidelines for regulation of dark patterns on online platforms

    The government has sought public comments on draft guidelines for prevention and regulation of "dark patterns" which are nothing but tactics used by online players to deceive customers
  • Rupee falls 2 paise to hit lowest level of 83.15 against US dollar in early trade

    The rupee fell 2 paise to hit the lowest level of 83.15 against the US dollar in early trade on Thursday amid a strong American currency and elevated crude oil prices
  • Tata Consumer Products, Haldiram’s say no negotiations on stake purchase

    "The company is not in negotiations as reported" to acquire Haldiram's," TCPL said in a regulatory filing.
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