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Business
WhatsApp’s updated privacy policy ‘exploitative & exclusionary’: CCI
25 March 2021 5:30 PM IST
Fair trade regulator directs detailed probe New Delhi, March 24: Fair trade regulator CCI today directed its investigation arm to conduct a probe into WhatsApp’s updated privacy policy and terms of service on prima facie finding that the firm has contravened competition law provisions through its...
Business
Equity indices fall, Sensex down 500 points
25 March 2021 5:30 PM IST
Mumbai, March 25: The key Indian equity indices continued to decline on Thursday, with the BSE Sensex losing over 500 points.Heavy selling pressure was witnessed in auto, finance and IT stocks.Decline in the index heavyweights such as Reliance Industries, HDFC Bank and Infosys weighed on the...
Business
Petrol price cut by 21 paise, diesel by 20 paise
25 March 2021 5:30 PM IST
New Delhi, March 25: Petrol and diesel prices were on Thursday cut for the second straight day as international oil prices cooled fell on prospects of speedy recovery in consumption getting clouded by the second wave of COVID-19 cases. Petrol price was cut by 21 paise per litre and diesel by 20...
Business
RBI flags major concerns over cryptocurrency
25 March 2021 5:30 PM IST
New Delhi, March 25: Reserve Bank of India Governor Shaktikanta Das on Thursday said that the central bank has flagged major concerns over cryptocurrency to the government.Speaking at the Times Network India Economic Conclave, the Governor said that digital currency is one thing and the...
Business
Despite COVID-driven crash, developers become richer by 26% in 2020: Report
24 March 2021 5:30 PM IST
Hurun India real estate rich list MUMBAI, March 23: Despite the pandemic-induced plunge in realisations, the number of new rupee-billionaires in the realty world continued to swell, adding eight new entrants to the list of the Hurun India’s top-100 richest realty developers. The list has been...
Business
Sensex down 500 points amid global sell-off
24 March 2021 5:30 PM IST
Mumbai, March 24: The BSE Sensex plunged over 500 points on Wednesday morning tracking a decline in the Asian markets.Heavy selling was witnessed in metal, finance, banking and IT stocks.Around 10.15 a.m., Sensex was trading at 49,536.26, lower by 515.18 points or 1.03 per cent from its previous...
Business
Fuel prices fall on sharp decline in global rates
24 March 2021 5:30 PM IST
New Delhi, March 24: Consumers can heave a sign of relief as oil marketing companies (OMCs) have finally relented and reduced the retail price of petrol and diesel after keeping them steady for the past 24 days.This is the first reduction in petrol and diesel prices in 2021.Petrol price fell by 18...
Business
Curtailed banking services during March 27-April 4
23 March 2021 5:30 PM IST
NEW DELHI, March 22: Banking consumers may face difficulties in getting services from March 27 to April 4 as all banks in the country will largely stay closed or offer curtailed services as the institutions switch to the new financial year. All banks will stay closed for three consecutive days from...
Business
Govt tables NaBFID Bill in LS
23 March 2021 5:30 PM IST
Proposed legislation aimed at supporting infra project funding NEW DELHI, March 22: Finance Minster Nirmala Sitharaman today introduced the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 in the Lok Sabha to pave the way for setting up of a government-owned...
Business
Sensex ends 280 pts higher; Nifty tops 14,800
23 March 2021 5:30 PM IST
Mumbai, March 23: Equity benchmark Sensex jumped 280 points on Tuesday following gains in index majors HDFC Bank, ICICI Bank and Reliance Industries despite a weak trend in global markets. The 30-share BSE index ended 280.15 points or 0.56 per cent higher at 50,051.44. The broader NSE Nifty advanced...
Business
IRDAI asks insurers to be more transparent in health insurance claims settlement
22 March 2021 5:30 PM IST
NEW DELHI, March 21: Insurance sector regulator Irdai has asked all insurers to be more transparent in their health insurance claim settlement process and apprise the policyholders of reasons in case of denial of claims filed. It is essential that all insurers establish procedures to let...
Business
Stock Market in red, indices trim major losses
22 March 2021 5:30 PM IST
Mumbai, March 22: The key Indian equity indices traded in the negative territory on Monday morning.The market has, however, trimmed major losses made during the initial trade.At 10.19 a.m., Sensex was trading at 49,717.60, lower by 140.64 points or 0.28 per cent from its previous close of...
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