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Horizontals like Amazon and Flipkart contributed to 70 per cent of the overall fashion sales. (Photo: PTI/File)

Online shopper base grows 20 per cent in festive sales week

The first week of online festive sales from October 2 to 10 saw 23 per cent sales growth in 2021

18 Oct 2021 8:14 AM

The Sebi had shortened the settlement cycle from T+3 rolling settlement to T+2 from April 1, 2003. (Photo: PTI/File)

BSE to begin T+1 settlement in Jan

T+1 settlement will be a major advantage for retail individual investors

18 Oct 2021 8:08 AM

The price of petrol in Delhi rose to its highest-ever level of Rs 105.49 a litre and Rs 111.43 per litre in Mumbai,

With this hike, petrol is now at Rs 100-a-litre mark or more in all state capitals, while diesel has touched the 100-level in a dozen states

16 Oct 2021 12:10 PM

The period of Shradh, which fell between September 21 and October 6, saw a slowdown in decision making for high value purchases like real estate in the interim. — Representational image/DC

Mumbai property registrations spike

Mumbai recorded property registrations of 2,494 units or daily 356 units during the first seven days of the auspicious Navratri festival

15 Oct 2021 7:48 AM

Fuel inflation remained elevated at 24.81 per cent during the month but eased from 26.09 per cent in August. — Representational image/DC

WPI inflation eases to 10.66% in September

The food inflation contracted to 4.69 per cent in September against a 1.29 per cent fall a month ago

15 Oct 2021 7:42 AM

Tomato crop will be ready for harvest in around 2-3 months after planting and harvesting is done as per the requirement of the market. (Photo: PTI/File)

Tomato turns costly on tight supply; prices soar to Rs 72 per kg in metros

At present, harvesting is underway in key growing states of Madhya Pradesh, Andhra Pradesh and Karnataka

13 Oct 2021 12:22 PM

Union Finance Minister Nirmala Sitharaman during the investors roundtable meeting hosted by FICCI and US-India Strategic Partnership Forum (USISPF), in Boston. (Photo: PTI)

UN, World Bank, IMF in need of urgent reforms: Finance Minister Sitharaman

Sitharaman arrived in the US Monday for a week-long trip to attend the annual meet of the World Bank and IMF in Washington

13 Oct 2021 11:16 AM

The discoms in Delhi had drawn less power than made available to them, as per the data. (Representational image: PTI)

No outage due to power shortage in Delhi: Power Ministry

A factsheet on power supply in Delhi showed that there was no energy deficit in the city from September 26 to October 11

13 Oct 2021 10:32 AM

Prime Minister Narendra Modi speaks during the G20 Extraordinary Summit on Afghanistan, via video conferencing, in New Delhi. (Photo: PTI)

India asks for waiver of intellectual property rights rights at G20

India and South Africa had submitted a proposal in April suggesting a waiver for all WTO members

13 Oct 2021 7:33 AM

The company did not give a reason for its action. (PTI)

Adani Ports to stop handling containers from Iran, Pakistan, Afghanistan

The decision comes weeks after Indian officials seized nearly three tonnes of heroin originating from Afghanistan

12 Oct 2021 10:56 AM

In the case of gold and jewellery, the demand has been rising with the start of the festive season. (Photo: PTI/File)

Discretionary goods see rise in festive demand

The demand for discretionary categories has improved month-on-month even in August and is now closer to 2019 levels

12 Oct 2021 7:24 AM

Finance Minister Nirmala Sitharaman (PTI)

Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetings

During the official visit to the US, Sitharaman is expected to meet US Treasury Secretary Janet Yellen

11 Oct 2021 1:26 PM

As earnings of low skill workers remain well below 2019 levels, it might take longer than previously expected for India to achieve the goal of reducing extreme poverty to below 3 per cent, said the World Bank. (PTI)

India’s poverty rate to be around 10% in FY22: WB

As labour markets continue to improve, poverty reduction is expected to slowly resume its pre-pandemic trajectory

11 Oct 2021 2:53 AM

Governments could still set whatever local corporate tax rate they want, but if companies pay lower rates in a particular country, their home governments could 'top up' their taxes to the 15% minimum, eliminating the advantage of shifting profits.

What is the global minimum tax deal that India, 135 other nations have agree on?

The minimum tax and other provisions aim to put an end to decades of tax competition between governments to attract foreign investment

09 Oct 2021 1:32 PM

Rates of both subsidised and non-subsidised LPG prices were hiked, oil company officials said. (Representatonal Image: PTI)

LPG price hiked by Rs 15 per cylinder

Simultaneously, petrol price was increased by 30 paise per litre and diesel by 35 paise a litre

06 Oct 2021 10:45 AM

The additional funds will support the MFIs with lower grading. (Photo: PTI/Representational)

Sa-Dhan seeks additional Rs 7.5K crore credit guarantee

The guarantee cover was available up to March 31, 2022 or until the guarantees for Rs 7,500 crore loans were used up

06 Oct 2021 7:28 AM

The unemployment rate declined from 8.3 per cent in August to 6.9 per cent in September. (Photo: PTI/File)

Services, jobs in expansion mode

Post-loosening of pandemic restrictions, the services sector continued to expand in September

06 Oct 2021 7:23 AM

The price of petrol in Delhi rose it its highest ever level of Rs 101.89 a litre and to Rs 107.95 in Mumbai. (Representational Photo:PTI)

Petrol at all-time high, diesel crosses Rs 100-mark in AP, Rajasthan, Odisha, MP

The third increase in its rates this week has sent petrol prices above Rs 100 in most major cities of the country

01 Oct 2021 1:43 PM

Payment services such as electricity bills, gas, water or any other utility bills, mobile recharge, DTH, OTT, automatic subscriptions for newspapers, magazines, insurance premium, Netflix, Amazon, will mandatorily require additional factor of authentication (AFA) from Friday. (DC File Image)

Automated bill/card payments stop from today

All monthly mutual fund systematic investment plans (SIPs) or EMIs for loans from the savings or current accounts will continue

01 Oct 2021 3:10 AM

Drugmakers are also developing COVID-19 shots that target certain variants of the virus, and say people might need annual shots like the ones they receive for the flu. (Representational image: Bloomberg)

COVID-19 vaccine boosters could mean billions for drugmakers

For Pfizer and Moderna, the boosters could be more profitable than the original doses because they won’t come with the R&D costs

26 Sep 2021 10:48 AM

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Mohan Guruswamy