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Economy
Mayhem in crypto market as Bitcoin drops below $30,000-mark
New Delhi: The global cryptocurrency market entered its worst phase ever on Tuesday, with Bitcoin dropping below $30,000 per coin and leaving millions of investors in a panic mode.
The overall global cryptocurrency market dropped 13 per!-->…
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DGCA sets up team to probe boarding row at Ranchi airport
New Delhi: Taking a stern view of the denial of boarding to a physically challenged boy by IndiGo Airlines at Ranchi airport last week, the Director General of Civil Aviation (DGCA) has constituted a three-member team for a fact-finding!-->…
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GST Council mulling 28% tax on Bitcoin, other cryptocurrencies
New Delhi: In what could further dampen the mood of crypto investors in the country, the goods and services tax (GST) council is mulling a 28 per cent tax on cryptocurrencies, at par with the current GST on casinos, betting and lottery,!-->…
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Jio’s healthy earnings show telecom industry digesting impact of tariff hikes
New Delhi: Reliance Jio's healthy Q4 results shows the industry is digesting the impact of tariff hikes in the form of meaningful increase in its average revenue per user, said multinational investment bank UBS.
In December 2021, 20-25!-->…
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Rupee hits all-time low against US dollar, more depreciation likely
New Delhi: The Indian rupee extended its losses and touched an all-time low of 77.42 against the US dollar in early trade on Monday.
The Indian currency is weighed by the strength of the American currency in the overseas market and!-->…
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Equities settle low on weak rupee, possible global policy hardening stance
New Delhi: Indian benchmark equity indices started the week on a negative note, amid lingering concerns over the weakening rupee and global interest rate hikes.
Tightening lockdowns in China to curb Covid spread also weighed on the!-->…
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LIC IPO issue subscribed 2.89 times on final day
New Delhi: The initial public offering of Life Insurance Corporation of India has received robust response from investors with the insurance major's offer having been subscribed 2.89 times.
It received bids for 46.77 crore equity shares!-->…
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Tod’s S.p.A, Reliance Brands enter into multi-year franchise agreement
New Delhi: Reliance Brands Ltd (RBL) commenced a new journey with the icon of Italian luxury lifestyle Tod's Spa and with this long-term franchise agreement, RBL has become the official retailer of the brand across all categories!-->…
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Aided by new energy biz, Reliance may add $50 bln m-cap in 2022: Morgan Stanley
New Delhi: Global investment banking firm Morgan Stanley has said that Reliance Industries is on a path toward a $20 billion+ EBITDA run rate inflection, which could be supported by five major factors. Besides the firm's new energy!-->…
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Peerless Group managing director S.K. Roy dead at 78
Kolkata: Kolkata-based Peerless Group managing director Sunil Kanti Roy, popularly known as S.K Roy, passed away at a city hospital here on Monday morning. He was 78.
Peerless Group is engaged in diversified business activities!-->…
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