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Tuesday, March 15, 2022

Talks failed to resolve dispute with Future Group over FRL-Reliance Retail merger deal: Amazon to SC

March 15, 2022 10:12:55 pm

A bench headed by Chief Justice N V Ramana, on March 3, had acceded to Amazon's request and granted 10 days to it for exploring the possibility of resolving the dispute through dialogue with the Future Group.

ICICI Bank launches co-branded credit cards with Emirates Skywards: Here’s what you need to know

March 15, 2022 5:40:25 pm

ICICI Bank is the first Indian bank to partner with Emirates Skywards to offer the exclusive range of credit cards in the country.

Here’s why Indians are holding back from buying gold jewellery

March 15, 2022 5:04:32 pm

Prices in India, the world’s biggest consumer after China, have rallied in the past month in line with the overseas markets as investors sought safe havens following Russia’s invasion of Ukraine. The country imports almost all the bullion it consumes and costs are rising as the Indian currency trades near a record low.

Fed traders now fully pricing in seven standard hikes for 2022

March 15, 2022 3:23:13 pm

The last time the market for overnight index swaps linked to Fed meeting dates fully priced that much tightening was on Feb. 11, the day after U.S. consumer-price inflation numbers for January came in hotter than expected, prompting investors to wager on more hawkish central bank policy.

Cool New Toyota Glanza, Toyota Glanza 2022

Toyota launches the Cool New Toyota Glanza 2022: Here’s price, specifications and more details

March 15, 2022 1:57:30 pm

Toyota Glanza 2022 launch: The Cool New Toyota Glanza comes with over 45 intelligent features through Toyota i-Connect. It also features a 360-degree camera with four parking sensors.

Amazon calls Future store transfer to Reliance ‘fraud’

March 15, 2022 11:53:32 am

Reliance last month signed lease deeds with landlords who haven't been paid rent for months for stores built on their properties by Future Group. Initially, it sub-leased the properties to Future Group for operation, but this month terminated those sub-leases and took over 947 such stores.

Is It A Good Idea To Keep One Account For All Your Financial Transactions?

March 15, 2022 11:26:07 am

If security is a priority, you must consider opening an account with Airtel Payments Bank, India's first truly digital bank, which offers a bouquet of services in a completely transparent and seamless manner.

petrol price, petrol rate

Petrol and diesel prices on March 15: Check fuel rates in your city today

March 15, 2022 11:05:05 am

Petrol and diesel prices: Petrol price in Delhi stands at Rs 95.41 per litre while diesel is available for Rs 86.67. In Mumbai, petrol is retailing at Rs 109.98, while diesel costs Rs 94.14. Read below to find out fuel prices in your city.

stock markets, Sensex, equity schemes, Passive funds, India news, Indian express, Indian express news, current affairs

Indices snap 5-day winning streak, Sensex tumbles 709 points weighed by metal and IT stocks

March 15, 2022 4:11:23 pm

The S&P BSE Sensex ended at 55,776.85, down 709.17 points (1.26 per cent), while the Nifty 50 settled at 16,663.00, down 208.30 points (1.23 per cent).

MFI lenders can’t charge ‘usurious’ rates: RBI

March 15, 2022 4:48:06 am

The central bank said each RE has to disclose pricing-related information to a prospective borrower in a standardised simplified factsheet.

The Rupee depreciation catch: Import intensive exports likely to take a hit

March 15, 2022 7:16:14 am

Usually, a depreciation in the domestic currency is expected to give a boost to exports, as traders get more local currency when they convert the export proceeds, but importers, on the other hand, need more local currency to buy the same quantity of imported inputs.

Retail inflation over 6% second month, all eyes on RBI meeting

March 15, 2022 5:35:38 am

The RBI has projected retail inflation at 5.3 per cent for FY22, with Q4 inflation at 5.7 per cent before easing to 4.9 per cent in Q1 FY23.

Tata Sons’ chief N Chandrasekaran appointed Air India chairman

March 15, 2022 4:43:39 am

“Mr Chandrasekaran was appointed chairman last week. Another board meeting was held today (Monday) to discuss the way forward,” the source said, adding that the new name for the airline’s managing director & CEO is expected to be announced soon.

cpi retail inflation

India’s retail inflation spikes to 6.07% in February: Govt data

March 14, 2022 6:11:05 pm

India CPI Inflation Rate February 2022: The retail inflation which is measured by the Consumer Price Index (CPI) was 6.07 per cent in February, government data revealed.

India’s WPI inflation spikes to 13.11% in February: Govt data

March 14, 2022 1:13:29 pm

India's WPI Inflation February 2022: The wholesale price index (WPI) grew 12.96 per cent during January and it rose to 14.27 per cent in December 2021, the data from the Ministry of Commerce & Industry showed.

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RBI order on payments bank sinks Paytm 12.8%

March 15, 2022 4:45:22 am

“This action is based on certain material supervisory concerns observed in the bank,” the Reserve Bank of India (RBI) said last Friday.

petrol price, diesel price

Petrol and diesel prices in your city today, check here

March 14, 2022 10:36:32 am

Petrol and diesel prices: Petrol price in Delhi stands at Rs 95.41 per litre while diesel is available for Rs 86.67. In Mumbai, petrol is retailing at Rs 109.98, while diesel costs Rs 94.14. Read below to find out fuel prices in your city.

stock market, bse sensex, share market

Market Highlights: Sensex rallies 936 points, Nifty settles at 16,871 aided by banks and IT stocks

March 14, 2022 4:35:21 pm

Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 56,486.02, up 935.72 points (1.68 per cent), while the Nifty 50 settled at 16,871.30, up 240.85 points (1.45 per cent).

Tata Sons, Singapore Airlines, Vistara, aviation sector, Tata Singapore Airlines Vistara, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Tata, Singapore Airlines infuse Rs 500 crore into Vistara

March 14, 2022 3:53:54 am

As per a filing, Tata Sons infused Rs 255 crore in Vistara, while Singapore Airlines infused Rs 245 crore

visa, Visa cards, MasterCard, UPI payments, UPI payment apps, PhonePe, Walmart, United States, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

US majors still dominating cards, payments ecosystem; homegrown companies gain ground

March 14, 2022 7:00:09 am

Over 66% share in UPI payments, 50% in card transactions

Fertilisers, fertiliser subsidy bill, Union finance ministry, Oil prices, commodities news, Fiscal deficit, Russia Ukraine, Russia Ukraine Crisis, Russia-Ukraine tension, Ukraine, Ukraine Crisis, India-Ukraine-Russia, NATO, United States, Vladimir Putin, Volodomyr Zelenskyy, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Fertilisers likely to hike subsidy bill, but tax mop-up may keep deficit in check

March 14, 2022 7:00:29 am

Finance Ministry expects oil prices to cool off in the next 2-3 months as the impact of the geopolitical tensions may get eased by higher production from the United States and the OPEC member countries.

Air fares, domestic flights, Oil prices, travel agency, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Domestic air fare up on oil spike, but flights abroad may get cheaper

March 14, 2022 7:56:41 am

According to data sourced from online travel agencies, fares on some of the trunk routes in the domestic sector have increased by 15-30 per cent just over the last two to four weeks.

Foreign Portfolio Investors, Domestic stock markets, Indian stock market, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

FPIs on track for sixth straight month of outflows: Rs 45.6K cr pulled out in March so far

March 14, 2022 3:08:49 am

FPIs fear India would be hit more by commodity price hikes, particularly in crude, since India is a major importer, said V K Vijayakumar, chief investment strategist, Geojit Financial Services.

Discovered Small Fields, bidding, DSF-III bid, Directorate General of Hydrocarbons, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Round 3 bidding of Discovered Small Fields set for April 1 start

March 14, 2022 3:02:17 am

DSF-III offers 32 contract areas, comprising 75 fields/discoveries, with a combined total area of more than 13,000 square kilometres, in nine sedimentary basins

foreign exchange, forex, Forex reserves, foreign currency assets (FCA), Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Currency assets boost forex reserves to $631.9 bn

March 13, 2022 1:44:45 am

During the previous week ended February 25, the foreign exchange — or forex — reserves had declined by $1.425 billion to $631.527 billion. In the reporting week, the gain in reserves was fuelled by a rise in the foreign currency assets (FCA).

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