Business News, Finance News, Market News, Stock News, BSE, NSE, Nifty

Large Wall Street banks have been running “war game” drills in their trading businesses and preparing clients for unexpected scenarios around the U.S.

ICICI Bank net rises sixfold to ₹4,251 cr.

ICICI Bank's profit after tax jumped to ₹4,251 crore as against ₹655 crore in the year-ago period, which is the highest quarterly growth in its history

Nirmala Sitharaman wanted me out of Finance Ministry, says former Finance Secretary Garg

The former Finance Secretary alleged that Ms. Sitharaman, for reasons not very clearly known to him, came with some pre-conceived notions about him.

Cooperative NAFED floats bids for supply of 15,000 tonnes of imported red onions by Nov 20

“Bidders have to supply fresh, well dried and cured onions.”

7,000 tonnes onion imported, 25,000 tonnes likely to arrive before Deepavali, says Piyush Goyal

The government has relaxed fumigation norms for import of onion and export of onion seeds have been banned, the Food and Consumer Affairs Minister said.

FinMin notifies extended deadline for 2019-20 ITR filing

“Today’s notification has cleared the air by extending the due dates for such entities as well.”

15th Finance Commission finalises report, to submit it to President on November 9

The report, which contains recommendations pertaining to five financial years, 2021-22 to 2025-26, will be tabled in Parliament by the Union Finance Minister along with an action taken report of the Government of India.

SEBI fines ₹ 65 lakh on 13 entities for manipulative trades

The regulator found that 13 entities manipulated the price of JDL.

Gold jumps ₹ 268; silver gains ₹ 1,623

Gold in the national capital rose ₹ 268 to ₹ 50,812 per 10 grams on Friday following recovery in international prices of precious metal, according to

Sensex ends 136 points lower; Nifty slips below 11,650

Bharti Airtel was the top loser in the Sensex pack.

Eurozone growth soars record 12.7% but fears grow for winter

The rebound was the largest increase since statistics started being kept in 1995.

Protection from imports time bound, says NITI Aayog Vice-Chairman

The government is set to extend the production-linked incentive scheme announced under the AtmaNirbhar Bharat package to six more sectors.

India to pursue self reliance, encourage domestic entrepreneurs, says Rajiv Kumar

India will not be able to achieve the kind of sustainable growth that the country wants without private entrepreneurs, NITI Aayog Vice Chairman said.

Indian Oil profit beats estimates on inventory gains, lower expenses

The company, along with subsidiary Chennai Petroleum , controls about a third of the country's 5 million-barrels-per-day (bpd) refining capacity

ExxonMobil to lay off 1,900 U.S. employees; mostly at Houston offices

Exxon said the job cuts will come mainly from its Houston, Texas office.

Biocon ranked among top five biotech employers globally in ‘Science Careers Top 20 Employers’ list

According to the ‘Top Employers Survey’ of approximately 7,600 respondents from across the world this year, Biocon said in a statement its ranking was based on three key attributes

'Interest on interest' waiver: What you need to know

Following the Supreme Court’s direction, the government came up with a scheme in a bid to provide relief to small borrowers.

Apple sees record September quarter in India

In September, Apple launched its first online store in India.

Online education startup Udemy in talks to raise $100 million in funding: sources

San Francisco-based Udemy has seen a boost in subscriptions this year as more people have stayed at home and opted for online learning due to the COVID-19 pandemic.

Vodafone Idea Q2 loss narrows to ₹7,218 crore

The company had posted a loss of ₹50,897.9 crore in the same quarter of the previous fiscal on account of making provisions for statutory due payments.

Apple’s late iPhone launch temporarily wiped $100 billion off its stock value

Since 2013, Apple has delivered new iPhones each September like clockwork. But pandemic-induced delays pushed the announcement back a month, with some devices still yet to ship

Individual settles insider trading case with Sebi; pays Rs 1.38 cr towards settlement charges

In a settlement order, Sebi said it has disposed of the adjudication proceedings initiated against the applicant, Mukherjea

Today's top business news: Stocks drop, Vodafone Idea shares jump over 7% after Q2 earnings, what you need to know about the 'interest on interest' waiver, and more

Updates from the world of economy, markets, and finance

Bank of Baroda Q2 net doubles to ₹1,679 crore

Bank of Baroda (BoB) said second-quarter net profit increased 128% to ₹1,679 crore on a standalone basis compared with ₹737 crore in the year-earlier

OMO purchase auction of State Govt. securities on Nov.5

The Reserve Bank of India (RBI) has announced Open Market Operations (OMO) purchase auction of State Government Securities for an aggregate amount of

BPCL Q2 profit jumps 58% on refining margins, inventory gains

BPCL Q2 profit jumps 58% on inventory gains BPCL on Thursday reported a 58% jump in Q2 net profit on the back of inventory gains and rise in refining

Centre relaxes Air India sale terms yet again

Allows private players to quote EV

RBI to issue fresh CDS norms soon: Bajaj

‘Hedging instrument crucial for boosting bond investments in infrastructure’

Pidilite in ₹2,100-cr. deal to buy HAMSPL

Pidilite Industries Ltd. has entered into a definitive agreement with the U.S. based Huntsman Group to acquire 100% stake in one of its subsidiaries

Maruti Q2 net inches up as sales rise almost 10%

No need for any tax cut now: Bhargava