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Centre may hike dearness allowance by 3%: What it means for government employees

Updated on Aug 06, 2023 01:27 PM IST

The DA hike will be effective from July 1, 2023.

The dearness allowance for employees and pensioners is worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.
PTI |

Gold and silver prices on August 6: Check latest rates in your city

Customers must shell out ₹5,51,500 to buy 100 grams of 22-carat gold.

One gram of 24-carat gold saw an increase of <span class='webrupee'>₹</span>21 from the previous day.(MINT_PRINT)
Published on Aug 06, 2023 10:36 AM IST

Petrol, diesel prices on August 6: Check latest rates in your city

Oil marketing companies announce changes, if any, to petrol and diesel prices daily at 6 am.

Prices vary across states according to local taxes, value-added tax (VAT), freight charges etc.(PTI)
Updated on Aug 06, 2023 10:02 AM IST

Lessons from finance’s experience with artificial intelligence

Humans can take on the machines

Ai and machine-learning funds seemed like the final step in the march of the robots.(REUTERS)
Published on Aug 06, 2023 01:17 AM IST
The Economist

Petrol, diesel prices on August 5: Check latest rates in your city

In Delhi, petrol and diesel prices stood at ₹96.72 and ₹89.62 per litre, respectively on Saturday.

Petrol, Diesel price today. (File)
Published on Aug 05, 2023 11:38 AM IST

Gold and silver prices on August 5: Check latest rates in your city

Gold and silver prices: 10 grams of 22-carat gold is now priced at ₹55,300 in Delhi on Saturday.

Today Gold Price, Silver Price
Published on Aug 05, 2023 11:34 AM IST

Byju's lenders create bogus default claims in an attempt to control firm: Lawyer

Lenders to Indian tech startup Byju's created bogus default claims to gain control, says firm's lawyer.

The learning company Byjus(Shutterstock)
Published on Aug 05, 2023 09:44 AM IST
Bloomberg |

Hurt by iPhone demand slump, Apple faces longest sales drop in decades

An additional drop in revenue would mark the longest streak of declines in two decades — a startling slowdown for the world’s most valuable company.

A women uses an iPhone mobile device as she passes a lighted Apple logo at the Apple store(REUTERS)
Published on Aug 04, 2023 10:25 PM IST
Bloomberg |

NCLT directs Go First to submit report on aircraft maintenance

A two-member bench of NCLT directed the resolution professional to file an additional affidavit in next 10 days including status of the maintenance of aircraft.

Go first airlines (Representative Photo)
Published on Aug 04, 2023 07:53 PM IST
PTI |

Govt likely to cut wheat-import duty, raise stock limits to tame prices

The world’s second-largest grower of wheat imposed a ban on exports of the grain in May 2022, after searing temperatures trimmed output

A number of anti-inflation measures over the past several hasn’t stamped out food inflation, especially in cereals. (Reuters file photo)
Updated on Aug 04, 2023 05:34 PM IST

Sufficient sugar stocks to meet festive demand: Centre

The country currently has 10.8 million tonne of sugar. This quantity is sufficient to meet current demand and also the demand for the upcoming festive season when demand goes up

India currently has a stock of 10.8 million tonne of sugar. (Representative image)
Updated on Aug 04, 2023 05:25 PM IST

Sensex jumps 480 points to close above 65,720; Nifty advances to 19,517

Indian stock market updates: Sensex jumps 480 points to close above 65,720; Nifty advances to 19,517.

Sensex Nifty live updates(MINT_PRINT)
Published on Aug 04, 2023 03:36 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

SBI Q1 2024 results: Net profit all-time high, jumps 178% to 16,884 crore

SBI Q1 Results Live Updates: Net profit jumps 178% to ₹16,884 crore, net interest income rises 24.5% to ₹38,904 crore.

SBI Q1 results today.(HT File)
Published on Aug 04, 2023 01:47 PM IST

Concord Biotech IPO subscription open till August 8, aims to raise 1,551 crore

Concord Biotech IPO aims to raise ₹1,551 crore with a price band of ₹705 to ₹741 per equity share. Subscription is open until August 8.

IPO stands for Initial Public Offering and it is when the promoters of the company in question for the first time want to raise additional funds by offering shares of the company.
Published on Aug 04, 2023 12:12 PM IST

Asus ROG Ally’s promising future needs pinpoint accuracy with refinement updates

Battery life, Windows 11’s scaling issues and inability to hold performance are being fixed with monthly updates, and there’s still work to be done

The Asus ROG Ally. (Vishal Mathur/ HT Photo)
Updated on Aug 04, 2023 10:54 AM IST

Zomato reports first-ever quarterly profit, shares surge 14%

Zomato reports first-ever quarterly profit after tax of ₹2 crore, shares surge over 14%.

A delivery worker of Zomato, an Indian food-delivery startup.(REUTERS)
Updated on Aug 04, 2023 10:10 AM IST
PTI | | Posted by Singh Rahul Sunilkumar

Gold and silver prices on August 4: Check latest rates in your city

Gold and silver prices: 10 grams of 22-carat gold is now priced at ₹55,350 on Friday.

People can buy 10 gram and 100 gram of 22K gold for <span class='webrupee'>₹</span>54,950 and <span class='webrupee'>₹</span>54,9500, respectively.(REUTERS)
Published on Aug 04, 2023 10:03 AM IST

Petrol, diesel prices on August 4: Check latest rates in your city

In Delhi, petrol and diesel prices stood at ₹96.72 and ₹89.62 per litre, respectively on Friday.

Petrol and diesel rates latest updates. (PTI)(HT_PRINT)
Published on Aug 04, 2023 09:43 AM IST

Sensex up 300 points to open at 65,540; Nifty at 19,487

Sensex, Nifty opening figures: Sensex up 300 points to open at 65,540; Nifty at 19,487

Sensex, Nifty live updates.(PTI)
Published on Aug 04, 2023 09:22 AM IST

Amazon reports better-than-expected revenue and profits for Q2

Amazon's cloud unit AWS, which has been closely watched by investors, posted $22.1 billion in revenue.

Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.(AP)
Published on Aug 04, 2023 03:19 AM IST
AP | | Posted by Yagya Sharma

Bharti Airtel Q1 net profit flat at 1,612 crore, revenue rises 14%

The revenue for the just-ended quarter was 14 per cent higher at ₹37,440 crore compared to the year-ago.

Representative image.(REUTERS)
Published on Aug 03, 2023 07:16 PM IST
PTI |

Bengaluru-based startup lays off 18 employees, co-founders offer employment help

The layoffs at Fam were necessitated due to a shift in focus from hyper-growth to sustainability, Sambhav Jain explained on X (formerly Twitter).

co-founders of fintech app Fam Sambhav Jain and Kush Taneja (R). (Twitter, Linkedin)
Updated on Aug 03, 2023 05:59 PM IST

Zomato records first ever quarterly profit of 2 crore

The company reported a profit of 20 million rupees ($241,861.37) for the quarter ended June 30.

Zomato, which also runs grocery delivery service Blinkit, said consolidated revenue from operations rose 70.9% to 24.16 billion rupees in the first quarter.
Published on Aug 03, 2023 04:38 PM IST
Reuters |

NPS Trust launches ‘user-friendly’ app, subscribers complain of glitches

NPS subscribers can access their account through the smartphone application.

Several users have complained of errors in the app.
Updated on Aug 03, 2023 05:43 PM IST
By | Written by Ritu Maria Johny

Sensex tanks 500 points to close at 65,240, Nifty near 19,400

Sensex tanks 500 points to close at 65,245, Nifty near 19,400

Sensex tanks 500 points to close at 65,245, Nifty near 19,400
Updated on Aug 03, 2023 04:00 PM IST

Top 50 wilful defaulters owe 87,295 crore to banks; Mehul Choksi leads list

Besides Mehul Choksi, Era Infra Engineering Limited; REI Agro Limited; ABG Shipyard Limited are next in the list owing huge amounts to the banks.

Mehul choksi owes <span class='webrupee'>₹</span>8,738 crore to banks.
Published on Aug 03, 2023 01:47 PM IST

Import of laptops, tablets ‘restricted’, says govt. Here's why

The notice added that imports would be allowed against a valid licence for restricted imports.

The restrictions will not be applicable on imports under Baggage Rules, the ministry added. (HTphoto / representative)(HT_PRINT)
Updated on Aug 03, 2023 12:52 PM IST
By | Written by Ritu Maria Johny

Tomatoes now cost 259/kg in Delhi. Worry? Prices may rise to...

Tomato prices have been under pressure for more than a month now on account of supply disruptions caused due to heavy rainfall in the key producing regions.

Wholesale prices of tomato at Azadpur mandi, Asia's largest wholesale fruits and vegetables market, were on Wednesday ruling at <span class='webrupee'>₹</span>170-220 per kg.(Bloomberg)
Updated on Aug 03, 2023 12:47 PM IST
PTI |

Gold and silver prices on August 3: Check latest rates in your city

One gram of 24K gold is priced at ₹5,995.

People can buy 10 gram and 100 gram of 22K gold for <span class='webrupee'>₹</span>54,950 and <span class='webrupee'>₹</span>54,9500, respectively.(REUTERS)
Published on Aug 03, 2023 11:15 AM IST

Adani-owned Ambuja Cements buys majority stake in Sanghi Industries for 50 bn

Adani Group bought Holcim AG's cement businesses in India last year – Ambuja Cements and ACC Ltd – for over $10 billion in its largest-ever acquisition.

The deal is the billionaire Gautam Adani-led conglomerate's first major acquisition this year after a report by short-seller Hindenburg Research in January slammed the group shares and led to investigations into the group. (Representative)(REUTERS)
Updated on Aug 03, 2023 09:48 AM IST
Reuters |
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