Business news

Fuel demand rises in March to highest since December 2019

NEW DELHI: India's gasoline consumption rose in March for the primary time in three months, to its highest since December 2019, as financial exercise steadily picked up after a coronavirus-induced slowdown. Consumption of gasoline, a proxy for oil demand,...

LinkedIn says user data scraped and put for sale: Report

BENGALURU: Personal data of about 500 million LinkedIn customers have been scraped and put on-line for sale, in keeping with a report. This accounts for about two-thirds of the skilled networking firm’s user base. Data — which features a...

Petrol, diesel prices remain unchanged for 11th straight day

NEW DELHI: Fuel prices within the nation remained unchanged on Saturday with oil advertising firms persevering with on the pause mode and maintaining petrol and diesel prices static for 11th consecutive day. Accordingly, pump value of petrol and diesel...

Direct tax collections top revised estimates by 5%

NEW DELHI: The Centre’s direct tax collections, web of refunds, have been estimated at Rs 9.45 lakh crore throughout 2020-21, round 5% increased than the revised estimates of Rs 9.05 lakh crore for the monetary 12 months, the federal...

‘We dealt with FB, Google via market power, not copyright’

MELBOURNE: Australia made Google and Facebook pay for information. As the primary nation on the earth to have formed a code empowering information media corporations to barter with search and social media platforms, it set the template for different...

With RBI keeping interest rates on hold, quantitative easing to...

SINGAPORE: Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to preserve its coverage repurchase (repo) charge on maintain at 4 per cent over the course of FY22 (April 2021 to March 2022) from its...

Lodha’s Rs 2.5k crore IPO subscribed 1.4 times

MUMBAI: The IPO for Macrotech Developers (earlier often known as Lodha Developers) closed on Friday with the problem subscribed 1.4 times the provide. The portion reserved for institutional traders was subscribed 3.1 times, whereas the retail investor portion was...

Irdai tweaks AIF rules for insurance companies

CHENNAI: Insurance companies have been allowed by their regulator to spend money on ‘fund of funds’ offered such funds usually are not utilized by an Alternate Investment Fund to speculate exterior India. The new dispensation offers insurers a supply...

Sri Lanka forms air bubble with India

NEW DELHI: India has fashioned an air bubble with Sri Lanka, opening one more abroad vacationer vacation spot for these itching to journey after a yr of being at residence. Till now only some locations have been open for...

LIC manages to grow business 10% in FY21 amid Covid

MUMBAI: The Life Insurance Corporation (LIC) of India has managed to file double-digit progress in FY21 regardless of new business premium lagging the earlier fiscal till February this yr. The company’s chairman M R Kumar revealed on Friday that...

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Tamil Nadu Congress Candidate Madhava Rao Dies Of Covid, By-Election If He Wins

<!-- -->Congress candidate from Tamil Nadu's Srivilliputhur constituency died of Covid right now.Chennai: A Congress candidate from Tamil Nadu...