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Business / News18

After Covid-19 Impact, UPI Payments Hit All-time High of Rs 1.34 Billion in June, NPCI Data Shows

Online payments slowly gathered pace from May, with staggered opening of the economy. In May, the number of UPI transactions stood at 1.23 billion valued at Rs 2.18 lakh crore, showed the NPCI data.

2 Jul 2020 11:05 am
Rupee Rises 10 Paise to 75.50 Against Dollar in Early Trade Tracking Gains in Domestic Equity Market

Forex traders said positive domestic equities and weak US currency supported the local unit. Moreover, investor sentiment strengthened after Pfizer reported encouraging vaccine test results.

2 Jul 2020 10:53 am
GVK Group Chairman, Airport Authority Booked by CBI for Rs 705 Crore Mumbai Airport Scam

It is alleged that promoters of GVK group in MIAL in connivance with their executives and unidentified officials of AAI resorted to siphoning of funds using different ways, officials said.

2 Jul 2020 9:15 am
Dollar's Dominance to Slowly Melt Away over Coming Year: Reuters Poll

While an early shortage of dollars in March from the pandemic's first shock pushed the Fed to open currency swap lines with major central banks, international funding strains have eased significantly since.

2 Jul 2020 7:56 am
Sensex Surges Over 200 Points in Early Trade; Nifty at 10,350

ITC was the top gainer in the Sensex pack, surging around 2 per cent, followed by Axis Bank, HDFC, IndusInd Bank, Bajaj Finance, SBI and Reliance Industries.

1 Jul 2020 10:50 am
Jet Fuel Price Hiked by 7.5%, Petrol Diesel Rates Remain Unchanged for 2nd Consecutive Day

Aviation turbine fuel (ATF) price was hiked by Rs 2,922.94 per kilolitre (kl), or 7.48 per cent, to Rs 41,992.81 per kl in the national capital, according to a price notification by state-owned oil marketing companies.

1 Jul 2020 9:52 am
Asia's Factory Pain Eases as Region Emerges from Covid-19 Pandemic

But sluggish global demand and fears of a second wave of infections will tame any optimism on the outlook and keep pressure on policymakers to support their ailing economies.

1 Jul 2020 9:11 am
Indian Bond Yields Fall to over One-week Low after Special OMO Announcement

Traders expect the benchmark bond yield to remain in a tight 5.83% to 5.93% range in the near term in the absence of any fresh cues.

30 Jun 2020 12:57 pm
'It's Been a Bit Crazy': Pandemic Leads to Six Months of Global Market Mayhem

If somehow you missed the coronavirus slamming the global economy like a wrecking ball, current market levels certainly do not reveal the wild swings that unprecedented events unleashed.

30 Jun 2020 11:01 am
Banned in India, TikTok to Meet Govt Panel to Present 'Clarification', Says Will Comply With Privacy Needs

The Chinese apps banned in India include TikTok, Shareit, WeChat, Helo, Likee, UC News, Bigo Live, UC Browser, ES File Explorer and Mi Community.

30 Jun 2020 10:47 am
Sensex Rises Over 200 Points in Opening Session on Firm Global Cues

The 30-share index was trading 211.55 points, or 0.61 per cent, higher at 35,173.07, while the NSE Nifty rose 57.35 points, or 0.56 per cent, to 10,369.75.

30 Jun 2020 10:23 am
India Bans 59 Popular Chinese Apps: Status Check On TikTok, Likee, Helo, WeChat, CamScanner & More

The purge of the banned Chinese apps on Apple App Store and Google Play Store may take some time. As of the time of writing this, apps including Likee, Vigo Video, WeChat, CamScanner and UC Browser are still available for download on Android and iOS.

30 Jun 2020 9:59 am
Oil Prices Slip as Weak Japan Data Exposes Market Jitters over Fragile Demand

Japan reported industrial output for May fell 8.4% in May from the previous month, compared with market forecasts for a 5.6% decline.

30 Jun 2020 7:27 am