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Govt Gives ONCG, Vedanta Freedom To Sell Crude Oil

Govt Gives ONCG, Vedanta Freedom To Sell Crude Oil

While contracts for oilfields awarded since 1999 gave producers the freedom to sell oil, the government fixed buyers for crude produced from older fields, such as Mumbai High of ONGC and Ravva of Vedanta

29 June 2022
Another GST Council Meeting Concludes Without Any Decision Made On Compensation Period Extension

Another GST Council Meeting Concludes Without Any Decision Made On Compensation Period Extension

Several states had raised the issue of compensation regime extension before the Council. The economic slowdown brought the center-state relation under stress,...

29 June 2022

HDFC AMC Chairman Deepak Parekh Outlines Optimistic Days Ahead For MF Industry

Economic growth to be optimistic going forward. Mutual fund assets under management up by 20 per cent year-on-year.

US Economy Slipped 1.6% To Start Year; Return To Growth Eyed

US Economy Slipped 1.6% To Start Year; Return To Growth Eyed

It was the first drop in gross domestic product — the broadest measure of economic output — since the second quarter of 2020, in the depths of the COVID-19...

29 June 2022

GST Council Defers Tax On Casinos, Lottery: Nirmala Sitharaman

A two-day meeting of the panel considered a report of the GoM but deferred a decision as Goa and some others wanted to make more submissions

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29 June 2022
Modi Vs Modi: If India Wants 8% Growth, Its Economic Engine Can't Run On Renewable Energy

Modi Vs Modi: If India Wants 8% Growth, Its Economic Engine Can't Run On Renewable Energy

As power demand goes up, India is faced with a tough choice between pursuing vigorous economic growth and meeting climate change targets


29 June 2022
Here’s Why Foreign Investments Firms Are Bullish On Reliance Industries

Here’s Why Foreign Investments Firms Are Bullish On Reliance Industries

After JP Morgan, Bernstein has raised Reliance Industries’ target price to Rs. 3,360 from the earlier target of Rs. 2,839. On June 19, 2022, JP Morgan had...


29 June 2022
GST Council Meet: No Decision On Extending Compensation To States On Day 2

GST Council Meet: No Decision On Extending Compensation To States On Day 2

Briefing reporters about deliberations at the two-day meeting of the GST Council here, Union Finance Minister Nirmala Sitharaman said finance and other...


29 June 2022
Stocks Halt 4-day Winning Run, Sensex Down 150 Points On Weak Global Markets

Stocks Halt 4-day Winning Run, Sensex Down 150 Points On Weak Global Markets

In a volatile session, the 30-share BSE Sensex settled 150.48 points or 0.28 per cent lower at 53,026.97 as 20 of its stocks ended with losses


29 June 2022
Sebi Permits FPIs To Participate In Exchange-Traded Commodity Derivatives Market

Sebi Permits FPIs To Participate In Exchange-Traded Commodity Derivatives Market

The board of Sebi, during its meeting held on Wednesday, also approved amendments to rules governing mutual funds and portfolio managers


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29 June 2022
Proper Interpretation Of Data Necessary For More Informed Decision Making: RBI Governor

Proper Interpretation Of Data Necessary For More Informed Decision Making: RBI Governor

Das mentioned that lockdowns in various countries, including India, posed severe challenges to the compilation and availability of data relating to the spread...


29 June 2022
Jet Airways In Talks With Aircraft Makers, Lessors To Lease 6-8 Planes By December

Jet Airways In Talks With Aircraft Makers, Lessors To Lease 6-8 Planes By December

Moreover, the airline is also negotiating with airport operators to secure slots with "good" timings


29 June 2022
About Dozen States Seek Extension Of GST Compensation; No Decision Taken

About Dozen States Seek Extension Of GST Compensation; No Decision Taken

Union Finance Minister Nirmala Sitharaman said finance and other ministers of 16 states spoke on the compensation issue


29 June 2022
PVR Restarts Capex Cycle, Plans To Open 125 Screens In FY23

PVR Restarts Capex Cycle, Plans To Open 125 Screens In FY23

According to the company's latest annual report, PVR, which is merging with rival Inox Leisure, expects the process to be completed this fiscal


29 June 2022
Twitter Gets Extension Till July 4 To Comply With Government Orders

Twitter Gets Extension Till July 4 To Comply With Government Orders

The Ministry of Electronics and IT has set a deadline of July 4, failing which Twitter may lose intermediary status, which means it will be liable for all the...


29 June 2022
GST Council Meet: States Compensation, 28% Tax On Online Gaming, Casinos, Horse Racing In Agenda On Day 2

GST Council Meet: States Compensation, 28% Tax On Online Gaming, Casinos, Horse Racing In Agenda On Day 2

On the first day, the 47th GST Council chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided to tweak tax rates of...


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29 June 2022
Sri Lanka Economic Crisis: IOC Provides Fuel As Government Pumps Go Dry

Sri Lanka Economic Crisis: IOC Provides Fuel As Government Pumps Go Dry

On Monday, the Sri Lankan government announced that only essential services will operate from midnight till July 10 and all other operations will be...


29 June 2022
Who was Pallonji Mistry? Here’s what you need to know about the ‘Phantom Of Bombay House’

Who was Pallonji Mistry? Here’s what you need to know about the ‘Phantom Of Bombay House’

One of the richest men in India and Europe with a net worth of almost $29 billion, Mistry saw the expansion of 156-year-old Shapoorji Pallonji Group beyond the...


29 June 2022
Rupee Falls 11 Paise; Hits Record Low Of 78.96 Against US Dollar

Rupee Falls 11 Paise; Hits Record Low Of 78.96 Against US Dollar

At the interbank foreign exchange, the rupee opened on a weak note at 78.86 against the American dollar, then lost ground to quote at 78.96 -- its all-time low...


29 June 2022
Stock Market Today: Sensex Down 500 Points, Nifty At 15,700

Stock Market Today: Sensex Down 500 Points, Nifty At 15,700

The BSE Sensex fell 500 points to 52,676, while the NSE Nifty was down 140 points to 15,708.


29 June 2022
Meta Launches Meta Pay Wallet; Monetary Authority of Singapore Says Cryptos Are Not Currencies

Meta Launches Meta Pay Wallet; Monetary Authority of Singapore Says Cryptos Are Not Currencies

Meta Pay wallet will aim to bring in more interoperability features for end users' convenience. Meanwhile the crypto markets didn’t seem to catch Meta’s...


29 June 2022
Key Things To Know Before Market Opens On Wednesday

Key Things To Know Before Market Opens On Wednesday

Trends on SGX nifty indicate a negative opening for Nifty and Sensex.


28 June 2022
Air India Express To Add 4 Boeing 737s To Meet Growing Demand

Air India Express To Add 4 Boeing 737s To Meet Growing Demand

Air India Express currently has 24 Boeing 737 planes in the fleet. It lost one plane in the Kozhikode plane crash in August 2020.


28 June 2022
Clean Energy, Infrastructure: What G7 Summit Had In Store For India

Clean Energy, Infrastructure: What G7 Summit Had In Store For India

PM Modi also held bilateral talks with German Chancellor Olaf Scholz and Canadian President Justin Trudeau on the sidelines of the summit


29 June 2022
40 And No Savings Yet? Here Are 5 Ways To Start Saving For Your Future

40 And No Savings Yet? Here Are 5 Ways To Start Saving For Your Future

If you have just touched 40 and suddenly realised that you haven’t been able to save a penny yet, you might be feeling absolutely panicked. But don’t...


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