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Fuel prices on a roll, hiked again by 35 paise/litre

Fuel prices on a roll, hiked again by 35 paise/litre

22-10-2021  comments

New Delhi (IANS) Petrol and diesel prices rallied to their highest ever levels across the country, as fuel rates were hiked again for the third consecutive day on Friday.

Accordingly, the pump price of petrol in Delhi rose by 35 paise to its…

Winging abroad: AirAsia India expected to soon get international flying permit

Winging abroad: AirAsia India expected to soon get international flying permit

22-10-2021  comments

New Delhi (IANS) with AirAsia India getting close to obtaining international flying rights, conglomerate Tata Sons, will in the near future, have four airlines with permits for overseas operations.

At present, only Vistara operates on international…

HDFC Life closes first half with lower PAT of Rs 577 cr

HDFC Life closes first half with lower PAT of Rs 577 cr

22-10-2021  comments

Chennai (IANS) Private insurance major HDFC Life Insurance Company Ltd closed the first half of the current fiscal with a net profit of about Rs 577 crore, down from Rs 777 crore logged during the previous year corresponding period, MD and CEO Vibha…

Markets open on a positive note on Wednesday

Markets open on a positive note on Wednesday

20-10-2021  comments

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning trade.

The Sensex of the BSE opened at 61,800.07 points and touched a high of 61,876.38 points. The Sensex touched a low of 61,489.69…

High valuations, inflationary concerns subdue market

High valuations, inflationary concerns subdue market

20-10-2021  comments

Mumbai (IANS) High valuations coupled with inflationary concerns and mixed global cues pulled India's key equity indices into the red on Wednesday.

Accordingly, premium valuations triggered profit booking. This along with high crude oil…

Only India, two others defy housing price rise in 60 countries surveyed by IMF

Only India, two others defy housing price rise in 60 countries surveyed by IMF

19-10-2021  comments

New York (IANS) While most economic indicators deteriorated in 2020, house prices largely defied the pandemic in over 57 of the 60 countries surveyed by the International Monetary Fund.

India, Philippines and the UAE bucked the housing bite…

Moody's revises outlook for Indian banking system to stable from negative

Moody's revises outlook for Indian banking system to stable from negative

19-10-2021  comments

Mumbai (IANS) Moody's has revised the outlook for the Indian banking system to stable from negative suggesting that the deterioration of asset quality since the onset of the coronavirus pandemic has been moderate and an improving operating environment…

Surcharge on power bills of 30K consumers to be waived in Gurugram

Surcharge on power bills of 30K consumers to be waived in Gurugram

19-10-2021  comments

Gurugram (IANS) Dakshin Haryana Bijli Vitran Nigam (DHBVN) has announced to waive surcharge on electricity bills of more than 30,000 consumers in Gurugram, officials said.

These connections were disconnected by the department for non-payment…

Tata Motors launch sub-compact SUV Punch at Rs 5.49 lakh

Tata Motors launch sub-compact SUV Punch at Rs 5.49 lakh

18-10-2021  comments

New Delhi (IANS) Automobile major Tata Motors on Monday launched sub-compact SUV 'Tata Punch' with a starting price of Rs 5.49 Lakh (ex-showroom Delhi).

According to Shailesh Chandra, President -- Passenger Vehicles Business Unit (PVBU),…

No additional borrowing by Centre to meet GST compensation of states in FY22

No additional borrowing by Centre to meet GST compensation of states in FY22

17-10-2021  comments

New Delhi (IANS) The Centre will stick to its borrowing programme for FY22 and will not tap the market for more funds to meet the GST compensation shortfall for states.

Government officials said the current revenue position, where both direct…

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