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Government open to suggestions for better implementation of Vivad Se Vishwas scheme: CBDT chief PC Mody

16 hours ago

News / ZeeNews/ Business

The CBDT chairman clarified the doubts by answering frequently asked questions and said that no scheme could be conceived with all the perfections, so also could be this scheme...

Investor wealth tumbles Rs 4.82 lakh cr in two days as market fall amid COVID-19 outbreak

3 days ago

News / ZeeNews/ Business

Selling in markets led to a decline in market capitalisation of the BSE-listed companies which tumbled Rs 4,82,033.63 crore to Rs 1,08,66,722.96 crore in two days...

Sensex plunges 674.36 points, Nifty settles at 8083.80; Sun Pharma, Cipla, GAIL major gainers

4 days ago

News / ZeeNews/ Business

In the afternoon trade, the benchmark indices extended the fall and the Sensex was down 708.06 points or 2.51% at 27557.25, while the Nifty was also down 181.75 points or 2.20% at 8072.05...

British Airways temporarily lays off 28,000 staff due to coronavirus crisis: Trade Union

4 days ago

News / ZeeNews/ Business

Unite, which represents thousands of workers employed by BA, said it had "reached an agreement with the company" to use a version of the government's business support programme for around 28,000 staff, guaranteeing 80 per cent of salaries to avoid redundancies...

India switches to Euro-VI emission compliant petrol, diesel with no increase in prices

6 days ago

News / ZeeNews/ Business

Oil companies have not changed petrol and diesel price for over a fortnight now as they first adjusted the reduction warranted against the Rs 3 per litre increase in excise duty and now are setting off the increased cost of BS-VI fuel...

IBA explains general queries related to RBI’s 3-month moratorium on EMI, interest payment

6 days ago

News / ZeeNews/ Business

The Indian Banks Association (IBA) has answered a list of Frequently Asked Questions about the technicalities of the RBI moratorium...

Sensex falls 217 points, Nifty at 8,528; IndusInd Bank gains

6 days ago

News / ZeeNews/ Business

Indian benchmark indices opened in red on Wednesday (April 1) with the Sensex plunging 217.62 points or 0.74% at 29250.87, and the Nifty declining 69.60 points or 0.81% at 8528.15. About 328 shares have advanced, 251 shares declined, and 34 shares are unchanged...

Sukhoi Su-30MKI, LCA Tejas maker HAL records turnover of over Rs 21000 cr, posts 7% revenue growth

6 days ago

News / ZeeNews/ Business

The company has posted revenue growth of around 7 per cent during 2019-20 for the second year consecutively, post listing as compared to 3.8 per cent during 2017-18...

Finance Ministry rebuts fake news, says no extension of India's Financial Year amid coronavirus COVID-19 spread

7 days ago

News / ZeeNews/ Business

Union Finance Ministry on Monday (March 30) denied the news circulating in some section of media that financial year has been extended, and termed it fake news amid the outbreak of coronavirus COVID-19...

ICICI Bank launches banking services on WhatsApp amid coronavirus COVID-19 lockdown. Check all details here

8 days ago

News / ZeeNews/ Business

In an apparent effort to promote social distancing to cub the spread of coronavirus COVID-19 in India, private lender ICICI Bank on Monday (March 30) launched banking services on WhatsApp...

Credit card dues included in term loans on which banks can offer 3-month moratorium, clarifies RBI

10 days ago

News / ZeeNews/ Business

On rescheduling of payments for term loans and working capital facilities, the RBI further said, "The accumulated accrued interest shall be recovered immediately after the completion of this period."..

RBI cuts repo rate cut by 75 bps to 4.4%, CRR by 100 bps to 3%: Full statement

11 days ago

News / ZeeNews/ Business

Calling the coronavirus COVID-19 pandemic an ''unprecedented threat and invisible assassin'', the Reserve Bank of India (RBI) on Friday (March 27, 2020) cut the Repo Rate by 75 basis points to 4.4 per cent and slashed Reverse Repo Rate by 90 basis points to 4 per cent as part of measures to ease the pain on banks and industries which are suffering from the 21-day lockdown...

Coronavirus COVID-19 pandemic: RBI Governor Shaktikanta Das to address media today

11 days ago

News / ZeeNews/ Business

The RBI, which indicated that it was willing to act in coordination with the government to fight the COVID-19 impact on the economy, could announce a few measures to ease the pain on banks and industries which are suffering from the lock down...

Sensex gains 1,410 points, Nifty ends at 8641.45 after FM Sitharaman announces Rs 1.70 lakh cr stimulus package

12 days ago

News / ZeeNews/ Business

Major gainers on the Nifty were IndusInd Bank, L&T, Bajaj Finance, and Bajaj Auto, while top losers were Yes Bank, GAIL, Sun Pharma, and Maruti Suzuki...

Sensex up 1,861.75 points, Nifty settles at 8317.85; HDFC Bank, Kotak Mahindra Bank shine

13 days ago

News / ZeeNews/ Business

Equity benchmark indices on Wednesday (March 25) closed in the green amid expectations of fiscal measures being announced by the government...

Sensex up 692.79 points, Nifty closes at 7801.05; infosys, Adani Ports, Britannia Industries gain

14 days ago

News / ZeeNews/ Business

Major gainers on the Nifty included Infosys, Adani Ports, Britannia Industries, and Bajaj Finance, while top laggards were Yes Bank, M&M, Grasim, and IndusInd Bank. About 927 shares advanced, 1310 shares declined, while 145 shares remain unchanged...

India's March gold imports plunge to a new low on record price: Sources

yesterday

News / ZeeNews/ Business

The world's second-biggest consumer of the precious metal imported 25 tonnes of gold in March, down from 93.24 tonnes a year ago, the source said, who is not authorised to speak to the media...

Fitch cuts India growth forecast to 30-year low amid COVID-19 outbreak; GDP for FY 2020-21 at 3.5%

3 days ago

News / ZeeNews/ Business

Stating that an economic recession gripped global economy following the lockdowns due to COVID-19 pandemic, Fitch Ratings on Friday said the initial disruptions to regional manufacturing supply chains in China have now broadened to include local discretionary spending and exports...

Three myths around home-delivery during COVID-19 lockdown that you shouldn't fall for

4 days ago

News / ZeeNews/ Business

Let us explain why while we also bust myths around food and home-delivery in this article. Read on...

Government extends date for renewal of health and motor insurance policies till April 21

4 days ago

News / ZeeNews/ Business

If your existing policies are due for renewal from March 25, 2020, to April 14, 2020, it can now be renewed up till April 21, 2020, according to the notification...

Sensex closes 1,203.18 points down, Nifty settles at 8253.80; Hero MotoCorp, Grasim, Bajaj Auto gain

6 days ago

News / ZeeNews/ Business

In the afternoon trade, benchmark indices were trading lower with the Sensex down 1,316.09 points or 4.47% at 28152.40..

Coronavirus crisis: SBI defers payment of EMIs by 3 months to ease pressure on customers

6 days ago

News / ZeeNews/ Business

The interest on working capital facilities for the given period has also been deferred by three months, it said...

Steel sector contributes Rs 500 crore in PM-CARES Fund to fight against coronavirus COVID-19 epidemic

6 days ago

News / ZeeNews/ Business

In India's battle against coronavirus COVID-19 pandemic, steel companies have come ahead to donate Rs 500 crore in the PM-CARES Fund...

Sensex up 1,028.17 points, Nifty settles at 8557 as rally continues in Indian stock market

7 days ago

News / ZeeNews/ Business

Major gainers on the Nifty were BPCL, Britannia Industries, ONGC and Gail, while IndusInd Bank, Eicher Motors, Cipla, and Zee Entertainment were top losers. All the sectoral indices ended in the green led by energy followed by FMCG, metal, IT and pharma..

Sensex plunges 1,375.27 points, Nifty ends at 8281.10 as bear run continues amid global sell-off

8 days ago

News / ZeeNews/ Business

In the afternoon trade, Indian stock markets today witnessed bear run with the BSE Sensex falling over 1,000 points, while the Nifty50 also tanked over 260 points to trade below the 8,400 mark amid global sell-off...

Sensex cracks 1000 points, Nifty opens below 8,400; ONCG, IndusInd fall

8 days ago

News / ZeeNews/ Business

Indian benchmark indices opened in the red on Monday (March 30) with the Sensex plunging 1,044.28 points or 3.50% at 28771.31, and the Nifty going down 298.80 points or 3.45% at 8361.45...

Sensex closes 131.18 points down, Nifty settles at 8660.25; Coal India, Axis Bank, ITC major gainers

11 days ago

News / ZeeNews/ Business

Equity benchmark indices on Friday (March 27) ended not with enthusiasm amid RBI's policy rate announcements including repo and reverse repo rate cut...

RBI calls coronavirus COVID-19 threat unprecedented, cuts repo rate by 75 basis points to 4.4.%

11 days ago

News / ZeeNews/ Business

RBI on Friday (March 27, 2020) cut the Repo Rate by 75 basis points to 4.4 per cent and slashed Reverse Repo Rate by 90 basis points to 4 per cent as part of measures to ease the pain on banks and industries which are suffering from the lock down as he called coronavirus pandemic an ''unprecedented threat and invisible assassin''...

India's economic growth may fall sharply to 2.6% in 2020-21 amid coronavirus COVID-19 lockdown: SBI report

11 days ago

News / ZeeNews/ Business

According to a report by SBI Research's Ecowrap, GDP growth for 2019-20 could also see a downward revision from 5 per cent to 4.5 per cent, with growth in the fourth quarter of the current financial year at 2.5 per cent...

Sensex gains 243 points, Nifty at 8,371; Axis Bank, Tech Mahindra gain

12 days ago

News / ZeeNews/ Business

Indian indices opened in green on Wednesday (March 26) with the BSE Sensex advancing 243.93 points or 0.85% at 28779.71, and the Nifty gaining 53.85 points or 0.65% at 8371.70...

Sensex gains 353 points, Nifty at 7898; Cipla, Wipro gain

13 days ago

News / ZeeNews/ Business

Benchmark indices opened in green on Wednesday (March 25) with the Sensex gaining 353.09 points or 1.32% at 27027.12 and the Nifty advacing 97.55 points or 1.25% at 7898.60. About 243 shares have advanced, 348 shares declined, and 35 shares are unchanged...

Sensex zooms 1,212 points, Nifty at 7,964; Cipla, Adani Ports gain

14 days ago

News / ZeeNews/ Business

Indian Benchmark indices opened in green on Tuesday (March 24) with the BSE Sensex advancing 1,212.60 points or 4.67% at 27193.84, while Nifty gained 353.85 points or 4.65% at 7964.10...

Amazon Bestseller: How to Make Money Trading with Charts - Ashwani Gujral

3 years ago

Shopping / Amazon/ Financial Books

How to make money in any market condition using price charts Intelligent traders are able to make money by following price charts, irrespective of whether the market is rising or falling — or simply moving sideways. So can you. This is the first comprehensive book on chart patterns and chart analysis using real-life examples from the Indian market. It explains every significant tradable pattern, buy and sell signal, and the use of important technical indicators with the help of more than 150 charts of Indian stocks: How to make big profits by identifying the ongoing trend and trading with the trend How to make mega profits by identifying impending trend reversals and catching big moves in the opposite direction How you can reap windfall profits by identifying and trading breakouts from continuation price patterns on charts..

IMF warns coronavirus COVID-19 will hurt global economy ‘way worse’ than 2008 financial crisis

3 days ago

News / ZeeNews/ Business

According to the WHO, more than 1 million confirmed cases of COVID-19 have been reported, including more than 50,000 deaths...

GoAir extends ticket credit scheme for passengers amid coronavirus COVID-19 lockdown

3 days ago

News / ZeeNews/ Business

India is under a 21-day lockdown till April 14 to combat coronavirus and all domestic and international commercial passenger flights stand suspended during the period...

Amazon Bestseller: My Warren Buffett Bible - Robert L. Bloch

3 years ago

Shopping / Amazon/ Financial Books

The "Sage of Omaha", Warren Buffett, is well-known for his simple but invaluable principles regarding investing and finances and countless businessmen and people looking to be smarter with their money have turned to Buffett for his advice. One of those people is Robert Bloch, son of the cofounder of the tax preparation company H & R Block. My Warren Buffett Bible contains nearly three hundred quotes that Bloch has personally found to be indispensable to financial success. With the written blessing of Buffett himself, Bloch has selected the best of Buffett, wisdom that will guide you to becoming the most disciplined and rational long-term investor you can be...

Sensex drops 370 points to 27,800 in opening session; Nifty tumbles 100 points to 8,100

4 days ago

News / ZeeNews/ Business

The Indian equity markets continued their journey southwards and tanked further despite a bounce back in crude oil prices and global stocks. According to reports, Sensex dropped 370 points to 27,800 in the opening session on Friday, while Nifty tumbled nearly 100 points to 8,100...

Amazon Bestseller: The Snowball Warren Buffett and the Business of Life - Alice Schroeder

3 years ago

Shopping / Amazon/ Financial Books

The Snowball: Warren Buffett and The Business of Life by Alice Schroeder was written after several biographers, journalists and publishers approached Warren Buffett and were turned down by him to write an account of his life. Schroeder quit her six years job as a wall street analyst to work full time on the book The Snowball: Warren Buffett and The Business of Life and interviewed his associates, friends and family. Warren advised her to always choose the less flattering account if she were ever faced with a dilemma that presented two accounts of the same situation. Schroeder quit her job in Morgan Stanley in 2003 to work full time on Buffett's biography and travelled to Omaha to live there and do the same. She spent over 200 hours poring over Buffett's personal files, documents, accounts, diaries, etc. It was selected as Amazon.com's most interesting business and investing book in 2008. Buffett has been known to live a life of frugal means despite amassing enormous wealth and firmly b..

Goods and Services Tax collection for March stands at Rs 97,597 crore, says Finance Ministry

5 days ago

News / ZeeNews/ Business

The total revenue earned by central government and the state governments after regular settlement in the month of March 2020 is Rs 41,901 crore for CGST and Rs 43,516 crore for the SGST," the FinMin statement said...

Amazon Bestseller: Charlie Munger - The Complete Investor (Columbia Business School Publishing) - Tren Griffin

3 years ago

Shopping / Amazon/ Financial Books

Charlie Munger, Berkshire Hathaway's visionary vice chairman and Warren Buffett's indispensable financial partner, has outperformed market indexes again and again, and he believes any investor can do the same. His notion of "elementary, worldly wisdom"-a set of interdisciplinary mental models involving economics, business, psychology, ethics, and management-allows him to keep his emotions out of his investments and avoid the common pitfalls of bad judgment. Munger's system has steered his investments for forty years and has guided generations of successful investors. This book presents the essential steps of Munger's investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors, and business-case historians. Derived from Ben Graham's value-investing system, Munger's approach is straightforward enough that ordinary investors can apply it to their portfolios. This book is ..

RBI announces additional measures for dealing with coronavirus crisis

6 days ago

News / ZeeNews/ Business

The central bank had last week sought to cushion both borrowers and lenders against the unprecedented disruption triggered by the COVID-19 outbreak and allowed the banking companies to provide a three-month grace period on loan repayments...

Six public sector banks will cease to exist after mega-merger comes into effect on April 1

6 days ago

News / ZeeNews/ Business

The new financial year is set to begin on Wednesday (April 1) and this year this day is significant because it will witness see the merger of six public sector banks into four (anchor banks)...

Government slashes interest rates on PPF, NSC, SCSS, other Post Office Schemes amid coronavirus COVID-19 outbreak

6 days ago

News / ZeeNews/ Business

The Department of Economic Affairs, Ministry of Finance, on Tuesday (March 31) announced an interest rate cuts on small savings schemes for the first quarter (April to June) of Financial Year 2020-21...

Sensex gains 550 points, Nifty at 8,455; HDFC, Tech Mahindra gain

7 days ago

News / ZeeNews/ Business

Indian benchmark indices opened in the green on Tuesday (March 31) with the Sensex zooming 550.55 points or 1.94% at 28990.87, and the Nifty advancing 174.50 points or 2.11% at 8455.60. About 513 shares have advanced, 82 shares declined, and 27 shares are unchanged...

Punjab National Bank launches new logo as it merges with United Bank of India, Oriental Bank of Commerce

8 days ago

News / ZeeNews/ Business

With this, Punjab National Bank is set to become the second-largest lender in the country...

RBI approves merger of several public sector banks from April 1

9 days ago

News / ZeeNews/ Business

The Reserve Bank of India (RBI) on Saturday approved the merger of several public sector banks from April 1. All branches of the Allahabad Bank will function as branches of Indian Bank and customers, including depositors of Allahabad Bank, will be treated as customers of Indian Bank from April 1...

COVID-19: Key policy decisions taken by RBI to combat coronavirus pandemic

11 days ago

News / ZeeNews/ Business

Here are some of the key policy decisions taken by RBI on Friday...

Sensex jumps over 1,000 points on positive global cues; Nifty regains 9,000 mark

11 days ago

News / ZeeNews/ Business

The S&P BSE Sensex zoomed over 1,000 points and reclaimed the 31,000-mark, with Axis Bank and IndusInd Bank both up 10 per cent...

From cash transfers under DBT to free cylinders, FM Sitharaman announces relief package amid coronavirus COVID-19 outbreak

12 days ago

News / ZeeNews/ Business

For old age pensioners and widows, an additional ex-gratia amount of Rs 1,000 for the next three months available in two installments. It will benefit 3 crore widows and senior citizens...

Bengaluru-based Flipkart to resume e-commerce sales of essential products

12 days ago

News / ZeeNews/ Business

Walmart Inc`s Flipkart will resume e-commerce services for essential products after receiving central and state government assurances on the safety of its delivery staff and a hassle-free supply chain...

Coronavirus COVID-19 outbreak: ITR filing date for FY 2018-19 extended till June 30; volatility in stock markets monitored

14 days ago

News / ZeeNews/ Business

The government has also extended the last date for linking PAN with unique biometric ID Aadhaar to June 30 from March 31...

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