NEW DELHI: MDH, a leading spice brand, on Saturday assured consumers that its products are 100 per cent safe and rejected the allegations of the presence of certain pesticides in some products by Hong Kong and Singapore food regulators. Earlier this month, Hong Kong’s Center for Food Safety (CFS) said that samples of several kinds…
NEW DELHI: Maruti Suzuki on Friday reported its highest quarterly net profit as growing share of SUVs fueled its sales while ease in commodity prices helped margins.Consolidated net profit in Jan-March (Q4 of FY24) soared 48% to Rs 3,878 crore when compared with Rs 2,624 crore in the same period a year ago, the company…
NEW DELHI: India is headed to bag investments for the country’s first display fab semiconductor unit – used for making televisions and other digital screens – with Japanese Sharp approaching the Central govt for setting up a 1,000-acres facility that will be used to cater not just to the domestic demand but also exports.Top officials…
NEW DELHI: India’s foreign exchange reserves declined for the second week, after having risen for the seventh straight week to hit an all-time high of USD 648.562 billion.As per the latest data released by the Reserve Bank of India (RBI), the country’s foreign exchange kitty declined by USD 2.828 billion to USD 640.334 billion in…
NEW DELHI: SBI Life Insurance on Friday reported 4 per cent rise in net profit at Rs 811 crore for the fourth quarter ended March 2024 as value of new business grew modestly.The life insurer had posted a net profit of Rs 777 crore in the year-ago quarter.Total income during January-March FY24 rose to Rs…
MUMBAI: Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets.Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further weighed on sentiment, traders said.Profit-taking also came into play as…
Bank holidays April 2024: Do you do your banking on Saturdays? If so, remember that banks are open only on the first, third, and fifth Saturdays if the month has a fifth Saturday. They are closed on the second and fourth Saturdays, as well as every Sunday.Banks will be closed on Saturday, April 27, 2024,…
PAN, Aadhaar Card not linked? The income tax department has provided relief to those dealing with taxpayers who failed to link their PAN and Aadhaar by the June 30, 2023 deadline. The department has relaxed the deadline for imposing penalties on such cases.Individuals whose PAN became inoperative due to non-linkage faced higher tax deduction at…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday marking another day of positive run for Dalal Street. While BSE Sensex opened 100 points up, Nifty50 was above 22,600. At 9:18 AM, BSE Sensex was trading at 74,432.51, up 93 points or 0.13%. Nifty50 was at 22,600.30,…
MUMBAI: Axis Bank overtook Kotak Mahindra Bank on Thursday to become India’s third most valued private lender after a rout in the latter’s stock. Kotak Bank‘s stock opened deep in the red on Thursday a day after RBI restricted the lender from onboarding customers digitally and issuing credit cards, citing repeated failures to fix “serious…
