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Business

LIC net buys Rs 34,000 cr stocks in Q1

The public sector behemoth booked Rs 5,076 crore equity profit during April-June against Rs 11,368 crore a year ago

13 Aug 2022 11:08 AM IST

The company runs on an asset-light model to fund scooters and uses scooters indigenously made by Indian electric manufacturers.

Business

Passenger vehicle sales rise 11% in July: Siam

The Society of Indian Automobile Manufacturers (Siam) said on Friday that car dispatches jumped 10 per cent to 1,43,522...

13 Aug 2022 11:03 AM IST

IndiGo reported a net loss of Rs 2,844 crore in the quarter ended June. (PTI Photo)

Business

Ras Al-Khaimah is IndiGo's 100th destination

The Indian private airline will start new direct flights between Mumbai and Ras Al-Khaimah from September 22

10 Aug 2022 2:01 PM IST

Business

Elon Musk sells nearly $7 billion worth of Tesla shares: document

Musk sold some 7.9 million shares between August 5 and 9 according to filings published on the Securities and Exchange...

10 Aug 2022 11:20 AM IST

Tata Motors said India operations showed significant improvement in the second quarter as compared to a year ago. However, the supply chain issues and commodity inflation impacted the margins. Representational image/DC

Business

Tata Motors to build 1180 e-buses for Bengal government

Mamata government has entrusted the automobile giant for building, operating and maintaining 1,180 electric buses in...

3 Aug 2022 8:04 PM IST

The move by the government aims at not only improving the quality of BSNL services and de-stressing the balance sheet, but also to expand the fibre reach of the company. (Representational image: PTI file)

Business

Cabinet approves 1.64L-crore plan to revive BSNL

The government is also approving sovereign guarantee bond issuance for the cash-crunched BSNL to repay its bank loans

28 July 2022 7:42 AM IST

Individual investors can invest as little as 10,000 rupees in government bonds directly through accounts with the central bank. (Representational image)

Business

Rupee falls to all-time low of 80.05 against US dollar

The rupee opened on a weaker note on Tuesday morning weighed down by outflows and high oil prices

19 July 2022 10:27 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Business

Return to normal for life insurers in Q1

ICICI Prudential Life Insurance announced its earnings and reported a net profit of Rs 156 crore in April-June quarter...

19 July 2022 4:36 AM IST

GST has helped interstate movement of goods. Representational Image. (DC File Image)

Business

Wholesale food grain trade exempted from GST levy

The government has clarified that the new GST is applicable only on pre-packed and pre-labelled products weighing up to...

19 July 2022 4:33 AM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)

Business

Over 1.12 lakh shell firms struck off since 2019

In 2019, the government informed that the CBI had registered 30 cases against 104 shell companies in the four years

19 July 2022 4:31 AM IST

$Britain will ban the sale of new gasoline and diesel cars by 2030, a decade earlier than its previous commitment, the prime minister said Tuesday, Nov. 17, 2020. Boris Johnson made the pledge as part of plans for a \green industrial revolution\ that he claims could create up to 250,000 jobs in energy, transport and technology. (AP)$ Business

Used-car loan size rise in pandemic years

The average loan value has increased from Rs 3.5 lakh in the pre-pandemic era to Rs 4.5 lakh in the post-pandemic period

16 July 2022 12:39 PM IST

Union Finance Minister Nirmala Sitharaman during a pre-Budget photo session, on the eve of presentation of Budget 2022-23 in the Parliament, in New Delhi, Monday, Jan. 31, 2022. (PTI Photo/Manvender Vashist)

Business

FM: Public capex key to India's long-term growth

Nirmala Sitharaman on Friday said that India's long-term growth prospects were embedded in public capital expenditure...

16 July 2022 12:35 PM IST