Edible oil industry told to cut prices by Rs 8 to 12 as global rates fall

New Delhi (IANS) The government on Friday directed the edible oil industry to cut retail prices of the essential commodity by Rs 8 to Rs 12 with immediate effect in the light of the fact that international rates have sharply fallen in the last two…

FPIs invest Rs 43,838 crore in India in May

New Delhi (IANS) Foreign portfolio investors (FPI) invested Rs 43,838 crore in the Indian stock markets in May.

V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said the FPIs were aggressive buyers in the market in…

Online food delivery platforms log just 7% spike in orders during IPL 2023

New Delhi (IANS) Online food delivery platforms saw a modest 7 per cent spike in orders during the just-concluded Indian Premier League (IPL) season, a report showed on Friday.

In comparison, the online food delivery platforms dominated by…

Indian farmers appeal to global community for stopping WHO's anti-tobacco agenda

New Delhi (IANS) The Federation of All India Farmer Associations (FAIFA), a non-profit organisation representing the cause of millions of farmers and farm workers involved in commercial crop cultivation in the country, appealed to the global farming…

RBI issues draft directions on digital payment security controls

New Delhi (IANS) The Reserve Bank of India (RBI) on Friday issued a draft master direction on cyber resilience and digital payment security controls for payment system operators.

The central bank has sought comments on the draft guidelines…

Karvy Stock Broking pledged securities of clients, diverted funds to group companies

New Delhi (IANS) Market regulator, the Securities and Exchange Board of India (SEBI) has cancelled the Certificate of Registration of Karvy Stock Broking (KSBL).

SEBI had received a preliminary report dated November 22, 2019, from NSE, containing…

TVS Motor hikes prices of EV scooter by Rs 17,000 - Rs 22,000

Chennai (IANS) Two and three-wheeler maker TVS Motor Company Ltd has hiked the price of its electric two-wheeler between Rs 17,000 - Rs 22,000 depending on the variant.

The price hike on its electric two-wheeler iQube is effective from Thursday…

Electric two-wheeler prices shocks prospective owners

Chennai (IANS) While they are powered by electricity, their new prices are giving shocks to the prospective buyers.

The Central government has revised, from June 1, the FAME II subsidy scheme for two-wheelers with the subsidy element which…

GST collections for May fell 19% to Rs 1,57,090 crore

New Delhi (IANS) The gross Goods and Services Tax (GST) revenue collections for May fell by 19 per cent to Rs 1,57,090 crore. The figures had touched their highest-ever level of Rs 1,87,035 crore in April.

Out of the total GST collections of…

Foxconn to start manufacturing iPhones at K'taka plant by next April: Minister

Bengaluru (IANS) Karnataka Minister for Large and Medium Industries, M.B. Patil, said on Thursday that Apple Inc supplier Foxconn has plans to start manufacturing iPhone units at its proposed plant in Devanahalli by April 2024, and the state government…