Equity indices trade lower; Sensex down by over 300 pts

Mumbai (IANS) India's key equity indices - S&P BSE Sensex and NSE Nifty50 - traded lower during Monday's early-morning session.

At 10 a.m., the 30-scrip sensitive index traded at 60,504.75 points, down 316.87 points or 0.52 per cent.

Global VC investment soars past $170 bn; smashes previous records in Q3, 2021

Mumbai (IANS) This year's healthy level of Global VC investment showed no signs of stopping in Q3, 2021, setting a record for the third-straight time with $171.7 billion across 8,682 deals.

An incredible amount of dry powder, increasing…

India to help global POS shipments reach 270 mn by 2025

New Delhi (IANS) Global point-of-sale device (POS) shipments are expected to reach 270 million units by 2025, with a compound annual growth rate (CAGR) of 19 per cent, and India will be a key factor behind this growth, a new report has said.

China…

Service rendered by govt, not its agency, only exempt from GST

New Delhi (IANS) Private and public sector agencies providing goods and services and collecting charges from clients on behalf of the government will not be exempt from paying GST and have to pay the tax at applicable rates, the Telangana Authority…

Don't let cost of energy outstrip consumers' paying capacity: Puri

New Delhi (IANS) Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Friday said that unless the prices of crude oil are maintained at sustainable levels, it will severely impact the green shoots of global economic recovery.

In his…

Insurance sector M&A to boost IRDAI's revenue

Chennai (IANS) Whether the insurance mergers and acquisitions (M&A) benefits the acquiring company or not, it certainly boosts up the revenue of Insurance Regulatory and Development Authority of India (IRDAI), said a senior official.

For the…

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

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

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

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

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…