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Monday, Oct 03, 2022

Vistara launches Mumbai-Jaipur flight

September 30, 2022 7:12:29 pm

Airbus A320 Neo plane with a three-class configuration -- business, premium economy and economy -- has been put into service.

What Is The Perfect Age To Buy Term Insurance? 

September 30, 2022 4:10:21 pm

Term Insurance is a sub-type of life insurance that offers financial safety to the policyholder's family in the tragic event of their unfortunate demise during the policy tenure.

RBI hikes repo rate by 50 bps, lowers growth forecast to 7 per cent

October 1, 2022 12:54:47 am

Reacting to the RBI move, the benchmark government bond yield ended at 7.39 per cent, after closing at 7.34 per cent Thursday. The stock markets bounced after seven straight sessions of decline with the BSE Sensex jumping 1,016.96 points (1.80 per cent) to close at 57,426.92.

rbi governor, shaktikanta das

RBI Monetary Policy Highlights: Repo rate hiked 50 bps to 5.9%; 2022-23 growth forecast cut to 7%

September 30, 2022 4:59:10 pm

RBI Monetary Policy Meeting Highlights: RBI Governor Shaktikanta Das announced that the monetary policy committee (MPC) hiked the repo rate by 50 bps to 5.90 per cent and added that inflation is expected to remain elevated at around 6 per cent in second half of 2022-23. The central bank also cut growth forecast for the current financial year to 7 per cent. Here's what the Indian central bank chief announced.

rupee vs dollar, rupee exchange rate, rupee value today

Rupee rises 37 paise to close at 81.36 against US dollar as RBI raises rates by 50 bps

September 30, 2022 5:13:39 pm

At the interbank forex market, the local unit opened at 81.60 against the greenback. It witnessed an intra-day high of 81.17 and a low of 81.69 during the session. It finally ended at 81.36, up 37 paise from its previous close.

Share Market | Stock Market | Sensex | Nifty

Share Market Today: Indices snap 7-session losing streak, Sensex surges over 1,000 points post RBI rate hike

September 30, 2022 4:20:16 pm

Share Market News Today, Stock Market Today Updates, September 30, 2022: The S&P BSE Sensex surged 1,016.96 points (1.80 per cent) to end at 57,426.92 while the Nifty 50 rallied 276.25 points (1.64 per cent) to settle at 17,094.35.

gross borrowing target, foodgrains scheme, foodgrains scheme extension, PMGKAY, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Lowering target, govt to borrow Rs 5.92 lakh crore in FY23 second half

September 30, 2022 3:03:10 am

This comes a day after the government announced an extension to the free food grains scheme for only three months, amid concerns that an extension beyond this would result in higher borrowing for this fiscal.

GDP, GDP growth, India's GDP growth, current account deficit, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Current account deficit widens to 2.8% of GDP in Q1

September 30, 2022 2:58:08 am

The country had reported a current account surplus of $6.6 billion, or 0.9 per cent of GDP, in the first quarter of 2021-22, the Reserve Bank of India data on Thursday showed.

Securities and Exchange Board of India, Sebi, foreign investors, Foreign Portfolio Investors, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Sebi allows foreign investors to trade in commodity derivatives

September 30, 2022 2:52:52 am

The move is aimed at further increasing depth and liquidity in commodity derivative markets.

Air India halves discount on basic fares for senior citizens, students

September 29, 2022 10:26:23 pm

The revised discount on basic fares is effective from September 29.

CASHBACK SBI Card: Get 5% Cashback On All Your Online Shopping!

September 29, 2022 9:25:49 pm

With the contact-less CASHBACK SBI Card, you can avail cashback all year round without having to spend hours looking for deals online or bookmarking your calendar for festive sales.

Interest rates on some small savings schemes increased for October-December

September 30, 2022 2:54:07 am

With the revision, a three-year time deposit with post offices would earn 5.8 per cent from the existing 5.5 per cent, an increase of 30 basis points for the third quarter of the current financial year.

Govt lowers borrowing target for FY’23; to borrow Rs 5.92 lakh cr in second half

September 29, 2022 6:32:08 pm

The government had in Budget for 2022-23 projected a gross market borrowing of Rs 14.31 lakh crore.

Reliance Azorte | Reliance Retail Azorte | Reliance Industries Azorte

Reliance Retail launches first in-house premium fashion store called Azorte

September 29, 2022 3:11:11 pm

The new store chain called Azorte, the first of which was launched in Bengaluru, will compete with the likes of Mango and Industria de Diseno Textil SA (Inditex)-owned Zara, and cater to millenials and Gen Z.

h&m q3 results | h&m q3 profit | h&m q3 earnings

H&M to cut costs as profits hit by inflation, cautious shoppers

September 29, 2022 2:45:14 pm

Pretax profit in the June-August period, the Swedish group's fiscal third quarter, fell to 689 million crowns ($60.9 million) from 6.09 billion a year-earlier. Five analysts polled by Refinitiv had on average forecast a 2.98 billion crown profit.

Porsche IPO | Porsche stock market debut | Porsche share price today

Porsche debuts with $72 billion price tag in bumper IPO

September 29, 2022 2:19:25 pm

Shares opened at 84.00 euros apiece and traded at 82.88 euros by 0733 GMT.

No-Cost EMI | Festive Season | Discount

How to take a no-cost EMI loan this festive season

September 29, 2022 2:23:40 pm

Festive Season Discounts, No-Cost EMI Scheme: Like with any other repayment option, there are some things you must know about no-cost EMIs before availing of them this festive season.

indian rupee, rupee vs dollar, rupee value today

Rupee rises 13 paise to close at 81.80 against US dollar

September 29, 2022 4:45:38 pm

At the interbank forex market, the local unit opened at 81.60 against the greenback. It witnessed an intra-day high of 81.58 and a low of 81.94 during the session. It finally ended at 81.80, up 13 paise from its previous close.

Share Market | Stock Market | Sensex | Nifty

Share Market Today News: Indices fall for seventh straight day, Sensex slips 188 points

September 29, 2022 4:33:51 pm

Share Market News Today, Stock Market Today Updates, September 29, 2022: The S&P BSE Sensex fell 188.32 points (0.33 per cent) to end at 56,409.96, while the Nifty 50 declined 40.50 points (0.24 per cent) to settle at 16,818.10.

subsidised foodgrains programme, Subsidised foodgrains, Union finance ministry, Fiscal deficit, PMGKAY, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Strained fiscal math limits foodgrain scheme extension to only 3 months

September 29, 2022 2:39:01 am

With the decision to extend the foodgrains scheme for three months, the Centre will end up spending Rs 44,762 crore incrementally for this period, which has led to experts estimating an overshooting of the fiscal deficit to the tune of Rs 1 lakh crore.

dollar vs rupee, Indian rupee US dollar, Foreign Portfolio Investors, Domestic stock markets, Indian stock market, Bombay Stock Exchange (BSE), Bombay Stock Exchange Sensex, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Risk-off sentiment drags Rupee to new low

September 29, 2022 2:35:47 am

Domestic equity markets continued their slide, with the Sensex at the BSE closing at 56,598.28, down 509.24 points, or 0.89 per cent. The broader Nifty at NSE closed 148 points, or 0.87 per cent down at 16,858.60.

indian rupee, rupee vs dollar, rupee value today

Cabinet hikes DA by 4% for central govt employees

September 29, 2022 1:51:41 am

DA Hike News, DA Hike Central Government: The Union Cabinet hiked the dearness allowance (DA) and dearness relief (DR) by 4 per cent effective from July 1, 2022.

Gold Rate Today | Silver Rate Today | Gold Silver Rate Today

Gold Silver Rate Today (September 28): Bullion slips in domestic market on weak global cues

September 28, 2022 2:36:20 pm

Gold Silver Today, September 28, 2022: Pure gold 999 opened at Rs 49,368 per 10 grams, down Rs 161 from Tuesday’s closing price of Rs 49,529, while that of 999 purity silver was Rs 54,193 per kg, declining Rs 1,198 from Rs 55,391. Read below to find out bullion prices.

Indian startups | Top startups 2022

CRED, upGrad & Groww top start-ups list in India for this year

September 28, 2022 12:17:44 pm

Topping this year's list is unified payments interface CRED. Valued at USD 6.4 billion, this young start-up maintained its podium position on the LinkedIn Top Startups list, moving from the third spot in 2021 to number one in 2022.

rbi, repo rate, Retail Prime Lending Rate, hdfc bank, Canara Bank, Punjab National Bank, India news, Indian express, Indian express news, current affairs

Hawkish Fed may prompt RBI to deliver a 50-basis-point hike

September 28, 2022 11:02:26 am

The RBI's monetary policy committee (MPC) has already hiked the key policy rate by 140 bps since May to 5.4%. Since the last policy meet, retail inflation has risen above 7% again and the rupee has weakened 9.5% on year, with pressure on the currency accelerating after the U.S. Federal Reserve's meeting last week.

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