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Crypto cartels mushroom sans regulation in India, millions at risk
Business

Crypto cartels mushroom sans regulation in India, millions at risk

New Delhi, Nov 15: Millions of innocent Indian users have risked their hard-earned money in highly-volatile cryptocurrencies which are not a legal tender and the country stands on the cusp of an economic disaster in the making as self-styled crypto cartels bombard citizens with misleading ads while...
Indian govt aims to block irresponsible crypto ads
Business

Indian govt aims to block 'irresponsible' crypto ads

New Delhi, Nov 14: Taking a hard stand on cryptocurrency ads promising wild returns, the Indian government is aiming to prohibit such ads that are growing across media platforms and were seen in plenty during the IPL 2020 and the ICC Men's T20 World Cup cricket matches. In a memo outlining the...
Nykaa shares make dream debut; list at over 79 pc premium
Business

Nykaa shares make dream debut; list at over 79 pc premium

New Delhi, Nov 10: Shares of FSN E-Commerce Ventures, which runs online marketplace for beauty and wellness products Nykaa, listed with a huge premium of over 79 per cent against the issue price of Rs 1,125 on Wednesday.The stock debuted at Rs 2,001, reflecting a jump of 77.86 per cent on the BSE....
Crypto market cap hits $3tn mark for 1st time, Bitcoin on fire
Business

Crypto market cap hits $3tn mark for 1st time, Bitcoin on fire

New Delhi, Nov 9: The global cryptocurrency market has hit the $3 trillion mark for the first time, taking Bitcoin and Ethereum values to an all-time high.Bitcoin and Ether created a new all-time high of $68,641.57 and $4,857.25 on Tuesday.Despite uncertainties and high volatility surrounding it,...
Total tax on petrol down to 50 pc, diesel to 40 pc after duty cuts
Business

Total tax on petrol down to 50 pc, diesel to 40 pc after duty cuts

New Delhi, Nov 7: The total incidence of taxes on petrol has come down to 50 per cent and that on diesel to 40 per cent following a reduction in excise duty by the central government, and by a slightly higher proportion in states that have also cut local sales tax or VAT on the fuel. The retail...
Diwali Delight: Fuel prices to fall as excise duty cut on petrol, diesel
Business

Diwali Delight: Fuel prices to fall as excise duty cut on petrol, diesel

New Delhi, Nov 3: The Centre on Wednesday sweetened Diwali celebrations by announcing that it will slash excise duty rate on both petrol and diesel fuels, thus bringing down retail rates. The excise duty will be reduced by Rs 5 for petrol and Rs 10 for diesel from November 4. Domestic prices of...
Auto fuel prices rise continues unabated
Business

Auto fuel prices rise continues unabated

New Delhi, Oct 31: Petrol and diesel prices increased again on Sunday for a fifth consecutive day as global oil prices failed to relent and continued to remain firm. Accordingly, the pump price of petrol in Delhi increased by 35 paisa per litre to jump to Rs 109.34, while diesel prices also...
Equity indices trade lower; Sensex down by over 450 pts
Business

Equity indices trade lower; Sensex down by over 450 pts

Mumbai, Oct 28: Negative global cues pulled India's key equity indices - S&P BSE Sensex and NSE Nifty50 - lower during Thursday's early-morning trade session. At 10 a.m., the 30-scrip sensitive index traded at 60,690.03 points, down 453.30 points or 0.74 per cent. The Sensex opened at 61,081...
Now selling counterfeit cookers, helmets, or gas cylinders offence
Business

Now selling counterfeit cookers, helmets, or gas cylinders offence

New Delhi, Oct 27: The Centre on Tuesday announced launch of a nation-wide campaign to prevent sale of spurious and counterfeit goods that violate Quality Control Orders as its violation is a cognisable offence under relevant sections of the BIS Act. Selling of such sub-standard helmets, pressure...
Petrol, diesel rates raised again by 35 paise/ltr
Business

Petrol, diesel rates raised again by 35 paise/ltr

New Delhi, Oct 27: Petrol and diesel prices increased again on Wednesday after a two-day break as global oil prices failed to relent and continued to remain firm.Accordingly, the pump price of petrol in Delhi increased by 35 paise per litre to jump to Rs 107.94 a litre while diesel prices also...
Sensex rallies over 300 pts in early trade; Nifty tops 18,200
Business

Sensex rallies over 300 pts in early trade; Nifty tops 18,200

Mumbai, Oct 26: Equity benchmark Sensex surged over 300 points in early trade on Tuesday tracking gains in index heavyweights Reliance Industries, HDFC Bank and Tech Mahindra amid strong quarterly earnings and a positive trend in global markets. The 30-share index was trading 318.7 points or...
After 14 yrs, safety matches makers decide to resize, reprice box price
Business

After 14 yrs, safety matches makers decide to resize, reprice box price

Chennai, Oct 25: Boxed by rising input prices, stagnant demand and production, galloping domestic and export freight costs, have forced the safety matches manufacturers to increase the price by Re 1 per box after 14 years. Yes... You heard it right, the price hike of Re 1 per box sold by retail...
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