Business

New Delhi: The US Federal Open Market Committee (FOMC) has decided to maintain the current interest rate in the range of 5.25% to 5.50% at the end of a two-day meeting and there is a possibility of only one rate cut in 2024. The committee acknowledged that the pace of …

Mumbai: The first meeting of the Goods and Services Tax (GST) Council is being held on June 22 after the formation of the new government at the Center. The last meeting of the Council before the elections was held on 7 October 2023. The meeting on June 22 is being …

Mumbai: Gold and silver prices in Mumbai's jewellery market today again declined after a surge. The global market news showed a sharp sell-off. Global market indicated gold prices to be in the range of 2319 to 2320 dollars an ounce, lower at 2330 to 2331 dollars an ounce, higher at …

The growth in demat accounts and mutual fund (MF) investment figures indicates that retail investors' confidence in the market remains intact despite the increased market volatility due to the recent election uncertainty. In the month of May alone, investors opened a net 36 lakh demat accounts. With the new additions, …

Telecom Regulatory Authority of India (TRAI), the regulatory body of the telecom sector, has made a proposal under which if a customer takes a new number, then a specific charge will be levied by the telecom company that issued the number. Obviously, if this proposal is approved, then the company …

6 mins ago Business On the last day of the week, the market opened with a red mark. Talking about opening at 9.30 am, Nifty and Sensex opened in the red mark. Sensex opened 195 points down at 76,614 and Nifty opened 43.40 …

41 seconds ago Business New Delhi: Maharatna company Bharat Petroleum Corporation Limited (BPCL) is going to issue bonus shares to investors. The company is going to issue bonus shares for the fifth time since the year 2000. For the fifth time, BPCL is …

Adani Group firm Ambuja Cements has announced the acquisition of Hyderabad State Penna Cement for Rs. 10,422 crore. The company said in a stock exchange filing today that it has signed a binding agreement to acquire Penna Cement Industries Ltd. Ambuja Cement will acquire 100% stake in the company from …

Mumbai: India's palm oil imports rose to a four-month high in May and rose 11.60 per cent over April as it became cheaper than other edible oils, registering a 74 per cent jump in imports year-on-year, according to Solvent Extractors Association (SOAA) data. The country's palm oil imports stood at …

20 seconds ago Business Smart Mobile Phone By smart we mean a device with a non-removable battery. But do you know that sometimes the battery of a smartphone also explodes. But any phone shows some special signs before exploding. However, every day we …