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Rossari Biotech's Rs.494- Rs. 496 Cr IPO To Open On July 13

2 hours ago

Business / GoodReturns/ News All

After a hiatus of almost 4 months in the IPO market owing to corona led lockdown, Mumbai-based specialty chemicals company Rossari Biotech is all set to launch its IPO on July 13. Price-band for the issue has been fixed between..

3 Gold Investments That Can Generate Superb Returns

5 hours ago

Business / GoodReturns/ Personal Finance

Gold for 22 grams has been on the rise since the start of the year. The precious metal which was around the Rs 37,000 mark has now galloped to Rs 47,000 for 10 grams. It's always advisable to keep at least..

Rupee Opens Higher At 74.86 Per US Dollar

6 hours ago

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Rupee in Wednesday's trade (July 8, 2020) opened at 74.86 versus previous close of 74.936 per US dollar. The gains in the domestic unit have come in despite dollar index gaining ground, which traded near 2-week low. The yield..

Jio Platforms Receives Payment For 9.9% Stake From Facebook-Owned Firm

7 hours ago

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Late on Tuesday, Reliance Industries Limited (RIL) in a stock exchange filing said that its digital arm Jio Platforms has received the subscription amount of Rs 43,574 crore from Jaadhu Holdings, a wholly-owned subsidiary of Facebook Inc. "Jio Platforms Limited has..

ICICI Bank To Offer Its Employees 8% Hike For Working Amid Covid 19

21 hours ago

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As per sources, amid Covid 19 blues, the country's leading lender ICICI Bank will rewards its more than frontline workforce with an hike of up to 8%. The workforce strength being considered for a hike is almost 80% of the bank's..

Gold Price Fall By A Tad; Hold On To Rs. 48000/10 Gm Levels

yesterday

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Gold prices in India largely remained steady in the afternoon trade with a negative bias. On the MCX, gold August futures on July 7, 2020 at 3:06 pm were trading with a loss of 0.13% or Rs. 64 at Rs. 48161..

Setback To Indian Students: US To Not Issue/Renew Visa For Foreign Students

yesterday

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On Monday, the US State Department said it will not issue or renew visas for foreign students enrolled in schools in the US for whom the classes have now gone entirely online due to the Covid 19 pandemic. This could be..

At Rs 47,000 Per 10 Grams, Gold May Still Be An Attractive Buy

yesterday

Business / GoodReturns/ Personal Finance

Gold has seen a rally of nearly 25 to 20 per cent, since the start of the year. Since Jan 2020, gold prices in India has gradually moved higher from levels of Rs 36,000 to Rs 47,000 per 10 grams for..

Diesel Prices Raised; Petrol Prices Unchanged For The 8th Straight Day

yesterday

Business / GoodReturns/ Business

On Tuesday, diesel prices were raised by 23 to 25 paise across Indian cities while petrol prices were left unchanged for the eighth straight day by state-owned oil marketing companies. On 7 July, diesel prices per litre were raised to Rs..

Markets Trade Flat, ICICI Bank Gains

yesterday

Business / GoodReturns/ Business

Benchmark indices were trading flat, after a relentless rally of the last 4-days. Most of the global markets were quiet, even as Covid-19 cases began to surge. The Sensex was trading with gains of 6 points, while the Nifty was down..

World Bank Signs $750 Mn MSME Emergency Response Programme With India

yesterday

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On Monday, the World Bank signed a $750 million (about Rs 5,600 crore) agreement with the Indian government for an MSME Emergency Response Programme to support the increased flow of finance into the hands of small businesses severely impacted by the..

MCX To Launch Gold Mini Options From 10 July

yesterday

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In a statement on Monday, Multi Commodity Exchange (MCX) said that it has received the approval of SEBI to launch Gold Mini Options with Gold Mini (100 grams) bar as an underlying asset. The exchange said that it will launch Gold..

Covid 19 Impact: PPF Extension Rules Relaxed

yesterday

Business / GoodReturns/ Personal Finance

The government, considering the hardship countrymen are facing amid the Covid 19 pandemic, has relaxed rules for extension of PPF account...

Citi Cuts India's GDP Forecast To -6% On Delay In Flattening COVID-19 Curve

2 days ago

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Citigroup Inc has sharply revised its forecast for the Indian economy lower as the country's reported COVID-19 infection cases near 7-lakh-mark. On Monday, India surpassed Russia to become the third-worst affected country in the world, after recording another new high in..

Vegetable Prices Shoot Up To 200% On Crop Damage, Diesel Price Hike

2 days ago

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Even as countrymen continue to fight with the novel coronavirus pandemic i.e. showing no sign of subsiding, there is another crisis emanating and that is the skyrocketing prices of food items and in particular prices of vegetables. Retail prices of vegetables..

Paytm To Enter General Insurance Business With Raheja QBE's Acquisition

2 days ago

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On Monday, Paytm (owned by One 97 Communications Ltd) in a statement said that the company, along with its founder Vijay Shekhar Sharma, will acquire Mumbai-based private sector general insurance company Raheja QBE. "Raheja QBE is owned 51 percent by Prism..

Rupee Opens Higher At 74.50 Per US Dollar

2 days ago

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Rupee in Monday's trade (July 6, 2020) opened at 74.50 versus previous close of 74.64 per US dollar. In the previous day's trade, buoyed by positive equities, optimism around corona vaccine and weakness in the dollar, rupee closed at its 3-month..

Nifty Gains 100 Points, Surges Past 10,700 Points

2 days ago

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Benchmark indices gained once again in trade, with the Sensex and the Nifty up almost 1 per cent, led by strong gains in banking stocks. Global cues were good with most Asian markets seeing gains of more than 1 per cent,..

4 Fixed Deposits You Must Invest To Beat Low Interest Rates

2 days ago

Business / GoodReturns/ Personal Finance

Interest rates have virtually collapsed over the last few quarters. Large government and private sector banks are offering interest rates around that 5.5 per cent, which is extremely low, when compared to a few years back. Here are 4 fixed deposits..

Why Post Office Schemes Are Better Than Bank Deposits?

3 days ago

Business / GoodReturns/ Personal Finance

Interest rates on bank deposits and various other debt instruments have virtually collapsed in the last few months. It's very difficult to get interest rates even near the 7 per cent on bank deposits. At such times, it is best to..

IT Dept Makes Changes To Challan For Non-Resident E-Commerce Companies

3 days ago

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The income tax department has made last-minute changes to the challan for paying the 'equalisation levy' by expanding its scope to include non-resident e-commerce players supplying goods or services online. The first installment is due on 7 July. Over..

5 Possible Reasons For Why Stock Markets Are Booming Despite Poor Economic Conditions

4 days ago

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On 3 July, Indian stock markets closed higher for the third straight day even as daily count of COVID-19 cases in India has been making new records. In the US, S&P 500 index saw its fastest-ever 30 percent decline in March..

PPF, RD, SCSS, SSY Investors Get These Reliefs Till July 31, 2020

4 days ago

Business / GoodReturns/ Personal Finance

Given the pandemic crisis in the country, the finance ministry's department of economic affairs (DEA) has yet again extended relief for small savings schemes investors by relaxing some of the regulatory provisions until July 31, 2020. So here is the relief provided to small savings scheme investors:..

Income Tax Website Introduces Tool To Calculate TDS On Cash Withdrawals

4 days ago

Business / GoodReturns/ Personal Finance

With effect from 1 July 2020, new tax deducted at source (TDS) rules are applicable on cash withdrawals. Under the rule, TDS at the rate of 2 percent is charged on cash payments of more than Rs 1 crore in a..

Sovereign Gold Bond Scheme 2020-21-Series IV To Open On July 6; Issue Price Fixed At Rs. 4852 Per Gm

4 days ago

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For the Sovereign Gold Bond Scheme 2020-21-Series IV that will open for subscription beginning July 6, the issue price has been fixed at Rs. 4852 per gm, said RBI in a release on Friday. Earlier in April, the RBI said the..

RIL Only Indian Entity In Top 100 Global Companies To Thrive Amid The Pandemic

4 days ago

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Reliance Industries (RIL), Mumbai-based oil to telecom conglomerate is the only Indian entity to make its mark in the list of businesses that managed to thrive amid the pandemic led lockdown. The publication Financial Times compiled a list of 100 top..

Indian Investors To Lap Up Dividend Stocks, Assets As Real Rates Turn Negative: Jefferies

4 days ago

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As per Jefferies India Pvt. as real interest rates on surplus liquidity turn negative for the first time since the year 2013, Indian investors will find their preference in dividend yielding stocks or other physical assets such as real estate and..

Late Fee Relief On GST Returns Filing Extended Till July 2020

5 days ago

Business / GoodReturns/ Business

As a relief to GST taxpayers, the Central Board of Direct Taxes (CBDT) on Friday said that the maximum late fee for Form GSTR-3B will be capped at Rs 500 per return for the tax period July 2017 to July 2020,..

5 Stocks That Reacted To News On July 3, 2020

5 days ago

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Indian benchmark indices remain upbeat in trade on July 3, 2020 after strong US jobs data which saw biggest payrolls jump ever for the month of June, providing hopes of a swift economic recovery in the world's most developed economy. The..

Motherson Sumi Shares Fall 7% On Major Group Restructuring Plan

5 days ago

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Shares of major auto components manufacturer Motherson Sumi Systems Limited (MSSL) declined 7 percent on Friday to Rs 94.20 after the company's board approved a major reorganisation for its group companies. Its board has agreed to demerge MSSL's Domestic..

Indigo To Offer 25% Concession On Fare To Medical Workers Till 2020 End

5 days ago

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On Thursday, no-frill air carrier Indigo announced that it will offer 25% concession on air travel rates to doctors and nurses all through this year as they are leading the fight against the pandemic. "The nurses and doctors will be..

NSE Adds 2 More Bharat Bond Indices

5 days ago

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NSE's index services unit NSE Indices has launched two more indices under the Nifty Bharat Bond Index series, namely, Nifty Bharat Bond Index-April 2025 and Nifty Bharat Bond Index-April 2031. The Bharat Bond Index series follows a unique target..

137 BSE Stocks Hit 52-Week High Price On July 2, 2020

6 days ago

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Indian benchmark indices enthused by global positive sentiment on account of optimism around potential Covid 19 vaccine and better than expected economic indicators are trading firm. During the last hour of trade, indices are trading at day's high with Sensex..

Pfizer Jumps 8.5% As Parent Firm's Coronavirus Vaccine Shows Potential In Human Trials

6 days ago

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Shares of Pfizer Limited rose as much as 8.5 percent to Rs 4,313.40 on BSE on Thursday after an early trial of the experimental coronavirus vaccine from the company's American parent Pfizer Inc and BioNtech SE showed it's safe and prompted..

3 Midcap Equity Mutual Funds With Potential To Generate Super Returns

6 days ago

Business / GoodReturns/ Personal Finance

It has not been the best period for equity mutual funds, since the start of the year. Covid-19 infections has led to a sharp downturn in the stock markets, though the last few weeks have seen the indices recovering significant ground...

Nifty Trades Higher, M&M Top Nifty Gainer

6 days ago

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Benchmark indices were trading higher once again, following a solid rally on Wednesday. Global cues were good, which helped support the markets, with financials and autos leading the rally once again. The Nifty was trading with gains of 80 points at..

Markets Open Higher In Early Trade; Tata Motors Surges

6 days ago

Business / GoodReturns/ Commentary

The key domestic benchmark indices opened higher in the morning trading session as optimism over Asia"s third biggest economy bolstered risk taking appetite. Markets opened on a positive note amid strong progress of the Southwest Monsoon, hopes of the passage..

Markets End Flat As Caution Prevails After Brexit

6 days ago

Business / GoodReturns/ Commentary

Amidst choppy trade, the Indian benchmark indices signed-off Monday"s trade with slim gain helped by strong buying across broader market as markets struggled to shake off Brexit that continues to roil trading sentiment at Dalal Street. Meanwhile, caution and..

Markets Remain Under Pressure: Tata Motors, Tata Steel Shares Plunge

6 days ago

Business / GoodReturns/ Commentary

The key domestic benchmark indices continued to trade in red in the afternoon trading session on Friday on account of sustained selling by funds and retail investors amid weak cues from the Asian markets, as EU referendum decisively favoured 'leave' campaign...

Higher TDS Rate On Large Cash Withdrawals Apply: Know Details

6 days ago

Business / GoodReturns/ Personal Finance

Beginning July 1, higher tax deducted at source (TDS) rates will apply on cash withdrawals for individuals who do not file their income tax return (ITR), as part of the Finance Act 2020. This is in a bid to crack down..

How To Apply For Insta Loans Against Mutual Funds From ICICI Bank?

6 days ago

Business / GoodReturns/ Classroom

ICICI Bank has come up with a facility called ‘Insta Loans against mutual funds'. Under the offer, ICICI Bank customers who have mutual fund investments in either debt or equity funds and are facing short-term cash crisis can get a..

Markets End Higher, Banking And NBFC Stocks Lead rally

7 days ago

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Benchmark indices surged in trade led by a solid rally in banking, housing finance and NBFC stocks. Global cues were subdued and Indian markets which had underperformed in the earlier part of the week, ended the day with good gains. The..

Indiabulls Housing Finance Jumps 12% On Fundraising Plan

7 days ago

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Shares of Indiabulls Housing Finance Ltd rose as much as 12 percent to an intraday high of Rs 232.40 on Wednesday. The stock was among the top gainers in the BSE's 'A' group for the day. The company released..

3 Debt Funds That Have Given Up to 13% Returns In 1-Year

7 days ago

Business / GoodReturns/ Personal Finance

The last 1-year returns from the equity markets has been dismal, while interest rates have also collapsed. Investors have got very little returns from almost all asset classes, except gold. However, there are some debt funds/bond funds that have done very..

Gold Gains Marginally After Hitting Record High Of Rs. 48825 Per 10 Gm

7 days ago

Business / GoodReturns/ News All

Gold prices on Wednesday (July 1, 2020) continued their upward journey. On the MCX, gold futures for August delivery surged by a tad 0.07% to Rs. 48974 and made an early high of Rs. 48814 per 10 gm. In the previous..

LPG Cylinder Prices Raised Marginally For July

7 days ago

Business / GoodReturns/ News All

On 1 July, in its monthly revision, prices of LPG cylinders were marginally raised by Re 1 to Rs 4.5 by the state-owned Indian Oil Corporation Limited (IOC). This is the second consecutive monthly hike in non-subsidised 14.2 kg LPG (liquified..

Fiscal Deficit For April-May Reaches 58.6% Of Annual Budgetary Target

7 days ago

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For the April-May period, India's fiscal deficit reached Rs. 4.66 trillion or 58.6% of the budgeted target for the ongoing financial year, the government data released on Tuesday showed. In the first two months through May, net tax receipts..

5 Banking Changes From 1 July

8 days ago

Business / GoodReturns/ News All

Due to the coronavirus pandemic induced lockdown, some changes/relief was provided by the government on banking services. As the month of June comes to an end, here are some banking changes applicable from 1 July 2020 that you should note:..

Petrol, Diesel Price Hike Did Not Impacted The Common Man: Dharmendra Pradhan

8 days ago

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As per The Economic Times report, Dharmendra Pradhan, Petroleum and Natural Gas Minister said that the surge in price of petroleum products has not impacted the common man. From June 7, the daily price revision of petrol and..

Aditya Birla Fashion To Open Rs 995 crore Rights Issue On July 8

8 days ago

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Aditya Birla Fashion and Retail (ABFRL) on Monday announced its decision to open Rs. 995 crore rights issue for subscription next week. The record date for the offering has been fixed as July 1. The issue will open for subscription on..

Fuel Prices Unchanged After Diesel Price Hits Another All-Time High

8 days ago

Business / GoodReturns/ News All

On Tuesday, revision in fuel prices in India was paused again a day after diesel prices were raised to new all-time highs. On 30 June, petrol prices per litre remained at Rs 80.43 in Delhi, Rs 87.19 in Mumbai, Rs 83.63..

How To Open NPS Account Using OTP-Based Authentication?

8 days ago

Business / GoodReturns/ Personal Finance

The Pension Fund Regulatory and Development Authority (PFRDA) has made the process of opening a National Pension System (NPS) account easier by enabling one-time password (OTP) based authentication process for subscribers. "This process would ensure seamless account opening, end to end..

Railways Start Tatkal Bookings For 230 Special Trains

9 days ago

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The Indian Railways has now allowed passengers to book tickets under the Tatkal quota for 230 special trains (115 pairs) that are being currently operated as special trains amid the coronavirus pandemic. Passengers will be able to book tickets to travel..

World Bank Grants $500 Mn Assistance To India To Enhance Education Quality

9 days ago

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On Sunday the World Bank granted a loan of $500 million for India for enhancing the quality as well as governance of school education across six states, spanning 15 lakh schools. The STARS or Strengthening Teaching-Learning and Results for States..

Gold Prices Hover Near Record Highs On Firm Global Rates

9 days ago

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Gold prices in India on June 29, 2020 continue their upward journey and hover close to record high hit last week. On the MCX, August gold futures at 9:20 am traded higher by Rs. 85 or 0.18% at Rs. 48390..

Nifty Trades Lower On Concerns Of Rising Covid-19 Cases

9 days ago

Business / GoodReturns/ News All

Benchmark indices opened the day lower, as rising cases of Covid-19 kept global markets subdued. The US markets had seen very weak closings on Friday, after reporting a record number of Covid-19 cases. Select states in the US continued to see..

Cash Withdrawal At Other Bank ATM To Not Be Free From July 1

9 days ago

Business / GoodReturns/ News All

Some of the ATM transaction related relief announced in the wake of coronavirus led lockdown may be withdrawn, as so far there has not been any announcement for extending scheme beyond June 30. In late March, the finance..

Mukesh Ambani Pushes For Clean, Affordable Energy; Tech To Decarbonise

10 days ago

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In his biggest push for clean and affordable energy, billionaire Mukesh Ambani said it was imperative to adopt technologies that can recycle to set the carbon balance right. With Prince Abdulaziz bin Salman Al-Saud, Energy Minister of the world's largest oil..

Govt. Notifies Floating Rate Savings Bonds, 2020 (Taxable): Know All About Them

10 days ago

Business / GoodReturns/ Personal Finance

The government of India will come up with Floating Rate Savings Bonds, 2020 (Taxable) scheme starting July 1, 2020. FRSB 2020 (T) taxable bond with no upper investment limit will be available for investment by both resident Indian as well as..

Facebook, Twitter Shares Plunge As Brands Boycott Ads On Social Media

11 days ago

Business / GoodReturns/ Business

On Friday, Facebook shares fell sharply by $56 billion after consumer product giants Unilever and Coco-Cola joined Dove, Honda and Ben & Jerry in support of the #StopHateForProfit campaign by pulling their advertisements from social media platforms. The stock slumped 8.3..

Rising Covid Cases May Put Pressure On Stocks, Time To Be Cautious

11 days ago

Business / GoodReturns/ Business

The Indian markets have continued their strong run, gaining as much as 14 per cent in the last one month, making it four weekly gains out of five. This week too the benchmark indices gained more than 1 per cent, thanks..

Coca-Cola To Pause Advertising on Social Media Platforms For 30-Days

11 days ago

Business / GoodReturns/ Business

Coca-Cola Company has announced it will pause paid advertising on all social media platforms globally for at least 30 days. "There is no place for racism in the world and there is no place for racism on social media. The Coca-Cola..

New Enterprise Registration Now Just On Aadhaar, Self-Declaration From July 1

11 days ago

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On Friday, the centre as another relaxation notified provision as per which new enterprise registration can be done on the web just on the basis of self-declaration from July 1. This does away with the requirement of uploading certificates and documents...

Byju's Turns Into A Decacorn After Bond Fund's Investment

11 days ago

Business / GoodReturns/ News All

As another round of fund raising, the education technology start-up Byju's has garnered investment from BOND, Mary Meeker-led tech investment entity. Though, financial contours of the deal are not known, with the latest investment, Byju's is estimated to value at $10.5..

Ruchi Soya Pips Marico, United Spirits With M-Cap Of Rs. 45592 Crore

12 days ago

Business / GoodReturns/ News All

Ahead of its Q4 results of FY 2020, shares of edible oil company Ruchi Soya Industries surged 5% to hit a record high price of Rs. 1507.30 per share on the BSE. The shares of the company have been locked in..

Nifty IT Gains 4.7% Post Better-Than-Expected Accenture Results; IT Stocks Surge Up To 8%

12 days ago

Business / GoodReturns/ News All

Information technology (IT) companies' stock rallied in trade on June 26, 2020 after global professional IT firm Accenture posted better than expected quarterly numbers for the quarter ended May 31, 2020. For the quarter the company posted an adjusted profit of..

Gold Prices In India Has Neared Rs 50,000; 4 Reasons Why It Will Gain Further

12 days ago

Business / GoodReturns/ News All

The year 2020, since its inception, has been favourable for gold. Starting with USA's military strike that killed Iranian major general Qasem Soleimani to the WHO declaring the COVID-19 outbreak a pandemic, there have been several events that made the outlook..

This Stock Is Trading At A 35% Discount To Long Term Averages

12 days ago

Business / GoodReturns/ Personal Finance

GAIL reported good quarterly numbers that surprised the markets. The stock has fallen drastically from 52-week highs of Rs 157. Brokerage firm, Motilal Oswal has a "buy" rating on the stock, with a target price of Rs 155, which is almost..

All Regular Train Tickets Till 12 August Cancelled As COVID-19 Cases Rise

12 days ago

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On Thursday, the Indian Railways Board said that all regular mail, express and passenger services as well as suburban trains have been cancelled till 12 August 2020. Only special trains that were announced in May and June will run, it said...

IndiGo Allows Passengers To Pay 10% Only At The Time Of Booking Ticket

12 days ago

Business / GoodReturns/ News All

On Thursday, IndiGo announced a flexible payment scheme called 'Flex Pay' under which passengers will have to pay only 10 percent of the total fare amount at the time of booking. Under the scheme, passengers can defer the 90..

IIFL Finance Shares Jump 10% After Promoter Reportedly Raises Stake

13 days ago

Business / GoodReturns/ News All

On Thursday, shares of IIFL Finance (formerly known as IIFL Holdings Limited) hit an upper circuit limit of 10 percent, up for the eighth straight day to Rs 82.5. An Economic Times report said that the surge was after promoter Nirmal..

Rupee Opens Weak; Currency Seen To Hit Lows Of 80/Dollar

13 days ago

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Rupee in Thursday's trade (June 25, 2020) opened weak by a tad bit in line with weakness in the equities. The home currency opened at 75.74 versus its previous close of 75.72 per US dollar. "The geopolitical tensions between India and..

Nifty Trades Lower As Covid-19 Infections Mount Across The Globe

13 days ago

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Rising Covid-19 infections across the globe, saw Indian markets fall lower in early trade. A surge in the number of infections in countries like the US and Germany impacted investor sentiments. Overnight the Dow Jones fell 2.72 per cent, the S&P..

Will Fixed Rate Home Loan Be The Best Choice Given The Historic Low Rates Now?

13 days ago

Business / GoodReturns/ Personal Finance

With the interest rate on the lower side after the recent repo rate cut to lowest ever of 4% and plethora of offers being rolled out by real estate developers to clear off inventory at some of the places, buying a..

IMF Forecasts The Steepest Ever Contraction In India's Economic Growth

13 days ago

Business / GoodReturns/ Business

On Wednesday, the International Monetary Fund (IMF) projected a sharp contraction of 4.5 percent for the Indian economy in 2020 citing the unprecedented coronavirus pandemic having slowed down nearly all economic activities. However, it said that the country is expected to..

SEBI Gives Companies Additional Time To File Q4 And Annual Results

14 days ago

Business / GoodReturns/ Business

On Wednesday, the Securities and Exchange Board of India (SEBI) further eased compliance requirements for listed companies affected due to adverse impact of coronavirus pandemic by extending the deadline for submitting their fourth-quarter as well as annual results to 31 July...

A Look At Indian Sectors That Are Most Exposed to China?

14 days ago

Business / GoodReturns/ Business

The recent border conflict with China in the Galwan valley of Ladakh is unprecedented and has heightened geopolitical tensions. This has caused significant backlash in India and there is a strong narrative of reducing trade dependence on China, according to a..

Diesel Now Costlier Than Petrol In Delhi, For The First Time Ever

14 days ago

Business / GoodReturns/ Business

On Wednesday, oil marketing companies raised diesel prices for the 18th straight day but kept petrol prices unchanged. In Delhi, diesel price has been increased by 48 paise on 24 June to Rs 79.88 per litre, making it costlier than petrol..

Nifty Trades Higher, Asian Paints Jumps

14 days ago

Business / GoodReturns/ Business

Benchmark indices were trading marginally higher, in the absence of major cues, with Asian markers too very quiet. The Nifty was trading higher by 33 points at 10,506 points. If the markets end higher, it would be the fifth straight days..

India Plans On Resuming International Flights By Forming ‘Travel Bubble'

14 days ago

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The government may soon allow airlines to resume international flights, after strong demand in Vande Bharat mission on US-India route. The service is being considered for countries including the US, France, UK, Germany for flying from and to India for allowed..

'Vaccine King' Poonawalla's Wealth Grew The Fastest Amid COVID-19

14 days ago

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According to a recent report by Hurun Research, 'vaccine king' Cyrus Poonawalla's wealth grew the fastest, at $15 billion, among Indian billionaires and fifth fastest in the world during the COVID-19 pandemic due to the strong business potential of his company,..

Nifty Ends 160 Points Higher, Sees Fourth Straight Day Of Gains

15 days ago

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It was the fourth straight day of gains for the benchmark indices, supported by strong global cues. European markets were trading with gains of nearly 2 per cent, while Dow Futures were pointing to higher openings by at least 1 per..

Jeff Bezos, Mukesh Ambani Wealth Spikes Amid Coronavirus Disruption

15 days ago

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As per a Chinese research study, 3 individuals who saw their net wealth spike during coronavirus pandemic are Jeff Bezos of Amazon, RIL's Mukesh Ambani, Serum Institute of India's Dr Cyrus Poonawalla. In a report titled 'Wealth Impact..

Rupee Opens Strong At 75.86 Per US Dollar

15 days ago

Business / GoodReturns/ News All

Rupee in Tuesday's trade (June 23, 2020) opened strong at 75.86 versus its previous close at 76.02 per US dollar. On Monday, rupee moved higher on gains in equity to come near 76 levels. Nonetheless the gains remained capped..

24K Gold Prices Close To Hit Rs. 50,000/10 Gm

15 days ago

Business / GoodReturns/ News All

As uncertainty mounts with resurgence of coronavirus active cases across the globe, gold has been gaining ground. In today's session (June 23, 2020), after rising a tad bit, prices fell to trade at Rs. 47905 on the MCX of gold futures..

MSMEs to be categorized from July according to new standards

23 days ago

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Starting in July, more than six crores micro, small and medium-sized companies throughout the country will be listed on the basis of new government-approved guidelines. Under the revised criteria, a company with an expenditure Rs 50 crore and turnover crore Rs 250..

Govt's Atmanibhar Package Is Yet To Reach MSMEs

29 days ago

Business / GoodReturns/ News All

According to a survey conducted by the All India Manufacturers Organisation (AIMO), over 78 percent of the 60 million MSMEs (Micro, Small and Medium Enterprises) and 83 percent of the self-employed have expressed unhappiness about the COVID-19 related economic package announced..