Economy

Mumbai:  The domestic benchmark indices opened flat on Friday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade. At around 9.28 am, Sensex was trading 102.31 points or 0.13 per cent down at…
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New Delhi:  Amid the rise in quick commerce, trend-first commerce and hyper-value commerce, India's e-retail market is projected to reach $170-$190 billion in gross merchandise value (GMV) by 2030, a report showed on Thursday. The report…
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New Delhi: Gautam Adani, the Chairman of the Adani Group, has become India's biggest wealth gainer in absolute terms, with an impressive increase of nearly Rs 1 lakh crore in his net worth, according to the ‘Hurun Global Rich List 2025’ on…
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Mumbai: The Securities and Exchange Board of India (SEBI) is working on a new penalty system that would prevent brokerage firms from being fined multiple times for the same violation. The proposal, which has been under discussion for the…
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New Delhi: The Bureau of Indian Standards (BIS) has seized more goods that did not have the mandatory ISI mark or had fake ISI labels from Amazon and Flipkart warehouses as part of the crackdown against shoddy goods being sold on e-commerce…
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Mumbai: Nestle India Limited on Wednesday announced that it has been hit with a tax penalty of Rs 69.45 lakh after the Appellate Authority upheld an earlier order issued under the Customs Act, 1962. The penalty arose from a customs duty…
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Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country’s largest private sector lender, for not complying with directions in the RBI’s Know Your Customer (KYC) master direction, according to an…
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New Delhi:  The Employees’ Provident Fund Organisation (EPFO) is likely to introduce a major change that will allow its members to withdraw their provident fund (PF) instantly through UPI and ATMs by the end of May or early June 2025.…
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Mumbai:  Reserve Bank Governor Sanjay Malhotra on Wednesday said that considering the evolving landscape of money laundering, regulators will need to continuously augment artificial intelligence (AI) and Machine Learning (ML) risk…
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New Delhi:  India's commercial airlines will operate 25,610 flights per week during the forthcoming summer season, a 5.5 per cent increase compared to the same period last year, the Directorate General of Civil Aviation (DGCA) said. The…
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