Thursday, Jun 01, 2023 | Last Update : 05:43 PM IST



Union Minister for Finance Nirmala Sitharaman and Kristalina Georgieva, Managing Director, International Monetary Fund in Washington D.C. (

Nirmala meets IMF chief; discusses impact of geopolitical situation on global growth

IMF chief highlighted India's well-targeted policy mix which helped the country's economy remain resilient even with a limited fiscal space

With the RBI’s bi-monthly policy announcement expected to raise rates this week, markets have been gearing up for an aggressive rate hike of maybe 50 basis points.  — Asian Age file image

Bond yield spikes to 7.5 per cent for first time in three years

The rate setting panel has begun its three deliberations on Monday with the outcome being announced on Wednesday

Customers buy vegetables at a market in Ahmedabad, India, September 29, 2015. (REUTERS)

Centre plans to spend additional Rs.2 L crore in one year to fight inflation

India’s retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high

Reserve Bank of India on Friday said that it has approved the transfer of Rs 30,307 crore as a surplus to the Union government for the 2021-22 accounting year. (AA file Photo)

RBI to transfer Rs 30,307 cr to government

The contingency risk buffer has also been retained at 5.5 per cent

Reserve Bank of India. (AA file photo)

RBI hints at end to low interest regime in June

Central bank may shift its focus to taming inflation


Similarly, 50-scrip NSE Nifty was trading at 17,001.70 at 9.27 am. (Photo: Twitter/File)

Sensex crashes over 1,500 pts in opening deals on geopolitical worries

The 30-share Sensex nosedived 1,540.85 points to 56,612.07 in early deals

The broader market resisted the sell off as the BSE Mid-Cap closed flat down 0.07 per cent and the Smallcap Index was up 0.05 per cent. — Twitter

FPI selloff erases new year gains of market

The Sensex has shed close to 2000 points from its January 17 peak of 61308.91

Cryptocurrency exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits through United Payment Interface (UPI) for the purchase of cryptocurrency. (Representational Photo: AFP)

Crypto exchanges halt deposits through UPI

Cryptocurrency owners active on twitter asked for regulatory clarity on the issue

The 30 stock S&P BSE Sensex opened deep in the red. (Photo: PTI/File)

Sensex tumbles 1,214 points; banking, auto stocks worst hit

The stocks have tumbled for the third straight day on negative cues from the global equities amid the ongoing Russia-Ukraine conflict


Both standalone and consolidated net profit of ONGC is the second-highest profit in the country.  (Photo: RepresentationalPTI)

ONGC reports highest net profit of ₹40,306 cr; becomes India's 2nd most profitable firm

ONGC displaced Tata Steel for the No.2 spot. Tata Steel on May 3 reported a standalone net profit of Rs 33,011.18 crore

This is Khan's first big endorsement after the controversy involving his son Aryan Khan in a drug case last year. (Photo: PTI/File)

Coca-Cola ropes in Shah Rukh Khan as brand ambassador for Thums Up

Earlier, the actor was associated with rival cola brand, Pepsi, for a long period of time

Elon Musk (AFP)

Elon Musk no longer joining Twitter board: CEO

Musk was named to join the Twitter board after buying a major stake in the firm and becoming its largest shareholder

Hindustan Aeronautics Limited signed an MoU for establishing an office in Kuala Lumpur in presence of defence secretary Dr. Ajay Kumar. (Photo by arrangement)

HAL to open office in Malaysia; Defence PSU eyes at South East Asian market

HAL had submitted a proposal to the Malaysian defence ministry in October of 2021 for supply of 18 FLIT LCAs

The LIC IPO would be the biggest IPO in the history of Indian stock market. (Photo: PTI)

Sebi approves LIC draft papers; clears decks for mega IPO

The IPO is offer for sale (OFS) by Government of India and there will be no fresh issue of shares by LIC


Toyota Yaris was expected to garner volumes in the segment dominated by the Honda City, Maruti Ciaz and Hyundai Verna. (Photo: PTI/File)

Toyota discontinues Yaris model

The discontinuation of Yaris has brought down one of the world’s biggest carmaker's offerings to just six models in India

 The company said on June 26 that 140 of the roughly 8,000 staff at the factory had caught the virus and two had died. (PTI Photo)

Bajaj Auto unions demand factory halt after 250 workers test COVID-19 positive

It said work there would not be stopped, however, as the company wanted to learn to “live with the virus”

A receptionist works at a Tesla showroom in Beijing, China. (Photo: AP)

Tesla working through 'challenges' with govt to launch products in India: Elon Musk

Last year, Tesla had sought a reduction in import duties on electric vehicles (EVs) in India

The micro-SUV is the recipient of the Global NCAP 5-star rating for adult occupant protection. (Photo: Twitter/@TataMotors_Cars)

Tata Punch priced at Rs 5.49 lakh

The mini-SUV from the Tatas is India’s first sub-compact SUV

In Other News

The survey analysed data from 1,300 companies. (Photo: PTI/Representational Image)

Salary hikes to keep pre-Covid range next year

In 2019, the actual salary hike stood at 9.3 per cent and it had dipped to 6.1 per cent in 2020

The business-to-business meetings will enable participants to identify opportunities for future collaboration, research and innovation, and facilitate the expansion of trade and investment. (Image credit: Facebook)

Largest UK delegation expected at Bengal Global Business Summit

The UK, in collaboration with the Bengal Chamber of Commerce and Industry, will facilitate business-to-business meetings during the summit

A file photo of finance minister Nirmala Sitharaman. (Photo: PTI)

FM Sitharaman to India Inc: What stops you from investing

FM expressed concerns over an issue of payment of dues to micro, small, and medium enterprises and asked big corporates to clear their dues

Any recoveries made as a result of avoidance applications should go to the creditors of Dewan Housing Finance Corp and not to the successful bidder—Piramal Group, the NCLAT ruled. —  DC Image

NCLAT asks CoC to consider 63 Moons appeal in DHFL resolution

63 Moons said the CoC has to reconsider the provision of Sec 66 of IBC, which mandates that the benefit should go to all the DHFL creditors

Collections from Goods and Services Tax (GST) rose 28 per cent to Rs 1.43 lakh crore in August, the Finance Ministry said. (ANI)

GST collection rises 28 pc in August to Rs 1.43 lakh cr

The revenues for the month of August 2022, registered 28 per cent increase than the GST revenues of Rs 1,12,020 crore collected in Aug 2021