Business news

State Bank of India Board approves raising up to $3 billion via debt

SBI did not disclose the intended use of the proceeds from the fundraising. The State Bank of India (SBI), the…

5 months ago

Lock-in period for tax saving fixed deposits to be reduced to 3 years? Here’s what public sector banks like SBI want

New rules for tax saving fixed deposits soon? State Bank of India, along with other public sector lenders, are appealing…

5 months ago

Mid, senior level startup executives hunt for stable jobs

MUMBAI: Even as investors and sector experts point towards a funding revival for the startup ecosystem in the second half…

5 months ago

Tax tribunals allow deductions for donations part of CSR spend

MUMBAI: Delhi and Mumbai benches of ITAT recently allowed a deduction under section 80-G of the I-T Act to two…

5 months ago

Sensex hits 77k for first time, ends lower on profit-booking

MUMBAI: The sensex scaled the 77k mark for the first time in early trades on Monday, but profit-taking at higher…

5 months ago

‘Unfortunate’: Air India Express union on chargesheet against cabin crew

NEW DELHI: The Air India Express Employees Union (AIXEU) has claimed that the airline has issued charge sheets to 200…

5 months ago

Modi 3.0 agenda for Indian Railways: Bring down waitlisting, introduce new Vande Bharat, Amrit Bharat trains & more

Modi 3.0 agenda for Indian Railways: Prime Minister Narendra Modi-led NDA government is expected to continue its focus on infrastructure…

5 months ago

Latest HDFC Bank FD rates: HDFC Bank raises fixed deposit, recurring deposit interest rates – check list

Latest HDFC Bank FD interest rates: HDFC Bank has revised upwards its fixed deposit rates for FDs under Rs 2…

5 months ago

Why did RBI bring 100 tonnes of gold reserves back to India? RBI governor Shaktikanta Das explains

Why did RBI move 100 tonnes of India’s gold reserves back into the country? TOI was the first to report…

5 months ago

Paytm lays off undisclosed number of employees, says it is providing outplacement support

Paytm layoffs: One97 Communications Limited, the parent company of Paytm, is currently undergoing a restructuring process that involves an undisclosed…

5 months ago

Stock market today: BSE Sensex ends 203 points down after crossing 77,000 mark; Nifty50 near 23,250

Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, closed in red on Monday after hitting life-time highs…

5 months ago

India’s aviation market growth needs to be matched with capacity; open for partnerships: Emirates CCO

DUBAI: Indian aviation market's pace of growth needs to be matched with capacity, and increased competition will provide more choices…

5 months ago

Instant flour mixes for dosa, idli, khaman cannot be classified as sattu; to attract 18% GST

NEW DELHI, Instant mixes, including idli, dosa and khaman flour, cannot be classified as chhatua or sattu and 18% GST…

5 months ago

Rupee rises 3 paise to 83.10 against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated by 3 paise to 83.10 against the U.S.…

5 months ago

GX Group expects 66% revenue growth to Rs 500 crore in 2 years, to double exports

NEW DELHI: Telecom gear maker GX Group expects its revenue to grow by 66 per cent to Rs 500 crore…

5 months ago

DGCA de-rosters air traffic controller for aircraft close call at Mumbai airport

The incident occurred at Mumbai airport on Saturday morning when an Air India aircraft was speeding for take off when…

5 months ago

SpiceJet flight delayed for several hours in Delhi due to technical snag, passengers stranded

NEW DELHI: Passengers on a SpiceJet flight from Delhi to Goa faced trouble at the Indira Gandhi International (IGI) airport…

5 months ago

Sensex jumps 1,619 points as foreign funds buy

MUMBAI: With the BJP-led alliance set to be sworn in on Sunday, Dalal Street investors are coming back in droves…

5 months ago

TDP’s Naidu family’s wealth up Rs 858 crore in 5 days as stock rallies

HYDERABAD: The political revival of Telugu Desam Party (TDP) and its chief Chandrababu Naidu, who has emerged kingmaker in the…

5 months ago

Forex reserves rise $4.8 billion to record $652 billion

MUMBAI: India's foreign exchange reserves jumped $4.8 billion to hit a record high of $651.5 billion in the week ended…

5 months ago