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Business
Delhi Launches EV Subsidy Portal: Claim Purchase Benefits Within Sixty Days
New Delhi: In a major push towards clean energy and pollution control, Delhi Chief Minister Rekha Gupta launched the official Electric Vehicle Subsidy Portal on Friday. This digital platform allows residents to apply for purchase incentives…
Gold Makes Strong Comeback; Silver Hits Fresh Record High In Delhi
New Delhi: Precious metals witnessed a sharp recovery in the national capital’s bullion market on Thursday, as gold staged a spectacular comeback following two consecutive days of decline. Silver also broke new ground, hitting a fresh…
Centre Lifts 200 Litre Limit On Petrol and Diesel Purchases From July 1
New Delhi: In a major relief for commercial vehicle owners and industrial consumers, the central government has announced the complete withdrawal of temporary restrictions on the sale of petrol and diesel. Effective from July 1, the daily…
Indian Economy Gathers Steam with 5.1 Percent Industrial Growth In May
New Delhi: Showing resilience amidst global economic uncertainties, India's industrial production witnessed a robust growth of 5.1 percent in May. This marks a steady acceleration from the 4.9 percent growth recorded in April. The upward…
West Asia Peace Deal To Halve Profit Margin Hit For India Inc, Says CRISIL Report
Mumbai: In a major reprieve for corporate India, the recent West Asia peace deal and the subsequent reopening of the crucial Strait of Hormuz are expected to significantly ease pressure on the profit margins of domestic companies. According…
Cooking Oil Rates Set To Cool Down Following Landmark US And Iran Peace Agreement
New Delhi: Indian households can look forward to a significant relief in kitchen budgets as global edible oil prices are projected to drop sharply following the cessation of the 107 day West Asia conflict. With the United States and Iran…
Gold Prices Slip In Delhi While Silver Remains Flat As Global Dynamics Shift
New Delhi: Bringing a wave of relief for jewelry buyers right before the onset of the traditional Indian wedding season, gold prices have recorded a marginal dip in the national capital. Subdued demand from local jewellers and retail buyers…
New Tax Regime Effect: Why Investors Are Shying Away From ELSS Mutual Funds
New Delhi: The Indian mutual fund industry is experiencing an unprecedented boom, with total equity assets under management scaling new heights. However, Equity Linked Savings Schemes, popularly known as ELSS or tax saving funds, are facing…
Govt Bars Industrial And Commercial Users From Buying Petrol And Diesel At Retail Pumps
New Delhi: The Central Government has prohibited industrial, commercial, and institutional consumers from purchasing petrol and diesel from retail fuel stations across the country. According to an official order issued by the Ministry of…
Dalal Street On Fire: Sensex And Nifty Rally Boosts Investors Wealth By Over 10 Lakh Crore
Mumbai: Indian equity benchmarks witnessed an explosive rally on Friday as the BSE Sensex skyrocketed by nearly 1,700 points and the NSE Nifty vaulted past the 23,600 mark. Driven by positive global cues and a dramatic easing of…