Business News


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Germany hails EU deal on renewable energy raising target for 2030 to 45 per cent

Russia’s war in Ukraine has accelerated the EU’s green transition. The bloc reduced its dependency on Russian fossil fuels and increased its renewable energy use over the past year.

published : 17 Jun 2023
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Facebook, Instagram suffer global outage again 

Several users reported they were not able to send or receive messages on WhatsApp and Facebook Messenger too.

published : 17 Jun 2023
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Government expects Moody’s to upgrade sovereign rating

Fitch kept India’s sovereign rating at ‘BBB-’ with a stable outlook on the back of robust growth and resilient external finances.

published : 17 Jun 2023
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‘New settlement rules incentivise wilful defaulters’

As per the circular, proposals for compromise settlements in respect of debtors classified as fraud or wilful defaulter shall require approval of the board in all cases.

published : 17 Jun 2023
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Over 11,000 fake GST registrations detected: Finance ministry

The minister instructed the officials to further strengthen the registration process to curb entry of fake entities in the GST ecosystem.

published : 17 Jun 2023
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Market at peak; Zerodha CEO says no bull run yet

BSE Sensex on Friday jumped 467 points to close at 63,385; while the broader NSE Nifty moved 138 points to settle at 18,826.

published : 17 Jun 2023
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Common USB Type-C port soon for charging devices

As per reports, the panel of the Ministry of Consumer affairs has given time till June 2025 to device manufacturers to add Type-C chargers in all electronic products.

published : 17 Jun 2023
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Company believes in human + AI, not human vs AI: Infosys

Talking about Topaz, Bali said it enables enterprises to operate with never-before efficiencies while unlocking new avenues to business value.

published : 17 Jun 2023
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Negative reviews for Adipurush pull down PVR shares by over three per cent

PVR Inox shares closed 3.40% lower on Friday at Rs 1,448 apiece on the NSE.

published : 17 Jun 2023
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Sebi bars online platforms from selling unlisted bonds

Under the rules, Online Bond Platform Providers (OBPPs) need to register themselves as stock brokers in debt segment of stock exchange.

published : 17 Jun 2023
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GST Council to discuss measures to curb evasion, GoM report on online gaming in July 11 meet

The Council will also discuss the GoM report on online gaming, casinos and horse racing and will circulate it to the states soon.

published : 16 Jun 2023
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SAT refuses to give interim relief to Subash Chandra, Punit Goenka against Sebi orders

The appellate tribunal has asked Sebi to file a reply within 48 hours in response to an appeal filed by Chandra and Goenka.

published : 16 Jun 2023
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Goods trade deficit up at USD 22 billion in May

Exports decline 10.3% to $34.98 billion, falling for fourth straight month; imports dip 6.6%

published : 16 Jun 2023
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Sebi attaches bank accounts of Mehul Choksi 

The decision comes after Choksi failed to pay the fine imposed on him in October 2022 by Sebi in a case pertaining to indulging in fraudulent trading in the shares of Gitanjali Gems.

published : 16 Jun 2023
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IndiGo market share zooms to 61.4 per cent due to rise in demand

Akasa Air, one of India’s newest airlines, registered a 0.8 percentage point increase in its market share to 4.8%.

published : 16 Jun 2023