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The Nifty Pharma Index fell 4.33 per cent as Dr Reddys stock plunged 10.44 per cent post-results. (Twitter)

Business

China selloff, weak pharma earnings hurt sentiments

The Indian market was also cautious ahead of the US Federal Reserve-'s two day policy meeting beginning on Tuesday

28 July 2021 4:47 AM IST

On Monday the company had allotted shares worth Rs 454.08 crore to anchor investors. (Twitter)

Business

Glenmark Life IPO sees retail rush

The retail individual investors portion got subscribed 5.30 times and HNI portion 0.88 times

28 July 2021 4:43 AM IST

However, revenue per available rooms (RevPAR) has been growing all these months. Representational Image (Twitter)

Business

Hotel occupancies rise as leisure travel revives

Occupancies in these cities stood at 30-32 per cent in the month of June, which was 12-14 per cent higher than the...

28 July 2021 3:22 AM IST

Rising awareness and importance about insurance has helped sales of individual new policies. (Representational Image: PTI)

Business

Higher covid claims payout eats into life insurers profits

Insurers set aside capital for future claims

27 July 2021 1:07 AM IST

So far ICICI Bank, HDFC Bank, Federal Bank and CSB that have announced their Q1 earnings have seen a spike in retail slippages, particularly from gold loans. (Representational Photo:PTI)

Business

Slippages from gold loans rise for private banks in Q1

There has been a sharp spike in retail slippages, especially from gold loans and the farm segment, as the Covid second...

26 July 2021 12:58 AM IST

$\This year, we are very confident that we will continue this streak of seven continuous years of historic highs in our foreign investments,\ Goyal said at the CII-Horasis India Meeting webinar. (AFP Photo)$ Business

India will continue to attract high foreign investments: Goyal

India-'s exports too are recording healthy growth and would reach USD 400 billion by the end of the current financial...

24 July 2021 4:02 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

Business

RBI working on digital currency, pilot projects likely in near future:...

The RBI has also been exploring the pros and cons of introduction of CBDCs since quite some time

22 July 2021 9:51 PM IST

Gold rises by Rs 97, silver almost flat . (AFP Photo)

Business

Gold tumbles Rs 264 to Rs 46,452; silver gains marginally

In the international market, gold was trading lower at USD 1,797 per ounce and silver was flat at USD 25.17 per ounce

22 July 2021 4:08 PM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Business

Rupee gains 5 paise to close at 74.54 against US dollar

Meanwhile, the dollar index, which gauges the greenback-'s strength against a basket of six currencies, fell 0.08 per...

15 July 2021 4:07 PM IST

After unearthing a rampant fake invoicing scam to evade goods and services tax (GST), the Central Board of Indirect Taxes and Customs (CBIC) amended rules making it mandatory for businesses with monthly turnover of over Rs 50 lakh to pay at least 1 per cent of their GST liability in cash from January 1. (ANI File)

Business

GST revenue slips below Rs 1 lakh cr in June, hits 10-mth low of Rs...

The GST collections in June 2021 are primarily for supplies made in May, a month when most states were under different...

6 July 2021 5:40 PM IST

Business

Kumaraswamy calls GST regime monster symbol of curtailing states-'...

According to Kumaraswamy, compensation would have benefited the state as it has suffered from resource crunch due to the...

3 July 2021 2:46 PM IST

Business

GST 4th anniversary: FinMin to issue appreciation certificates to...

The Central Board of Indirect Taxes and Customs (CBIC) will be issuing certificates of appreciation to these taxpayers

30 Jun 2021 7:25 PM IST