Sensex, Nifty gain as pharma stocks advance

Indian shares inched higher on Wednesday, with pharma stocks leading the rise after the country approved a COVID-19 pill, although gains were limited by year-end portfolio adjustments. India has approved Merck’s COVID-19 pill and two more vaccines for emergency use as the world’s second most populous…

Income Tax dept relief for ITR filing: Who it impacts and what it means

The Income Tax department made an important announcement on Tuesday, at a time when there is a rush among individuals to file income tax returns (ITR) for the financial year 2020-21. The tax department said the Central Board of Direct Taxes (CBDT) has provided one-time relaxation of e-filed ITRs for Assessment Year…

ITR Filing FY 2020-21: Check out due date, list of documents required to file tax return

With the due date of filing the income tax return (ITR) for the financial year 2020-21 inching closer, the Income Tax department has been issuing reminders to taxpayers through various platforms such as SMS, emails, social media and more. “Hope you know that ITR is an important document for any loan processing. So,…

Cryptocurrency prices today: Minor selloff dampens crypto valuations, Bitcoin falls nearly 3%

The cryptocurrency market has faced resistance over the past 24 hours due to a minor selloff across the spectrum. Bitcoin, the world’s most popular cryptocurrency, was trading just below $48,000 or 3 per cent lower than its price 24 hours ago at 12:10 pm. Bitcoin’s market capitalisation fell to $907 billion and the…

Reliance in process of momentous leadership transition, says Mukesh Ambani

Reliance Industries Limited (RIL) chairman Mukesh Ambani on Tuesday shared future plans related to a leadership transition at the energy-to-telecom conglomerate. The statement is significant as Mukesh Ambani hinted at an “accelerated leadership transition” in RIL. Mukesh Ambani, 64, said he wants the…

Sensex, Nifty end higher as IT, pharma stocks rise; RBI tanks

Indian shares ended higher in volatile trading on Monday, helped by IT and pharmacy stocks, while RBL Bank tumbled after its top boss went on medical leave and the central bank appointed an executive to the lender’s board. The NSE Nifty 50 index ended up 0.49% at 17,086.25 and the benchmark S&P BSE Sensex…

Petrol, diesel price today: No changes in fuel rates on December 28| Check latest rates in major cities

On Tuesday, the fuel rates across the country were stable. The state-run oil marketing companies (OMCs) have not changed the petrol and diesel prices for the domestic market on December 28, 2021. It has been almost two months since the OMC’s have kept fuel rates stable. While the cost of petrol in Delhi stands at…

Gold, Silver prices today: Precious metals record hike on MCX| Check latest rates here

On December 28, 2021, both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX). Witnessing a hike of Rs 100 or 0.21 per cent, gold futures maturing on February 4, 2022, are retailing at Rs 48,328 per 10 grams on the MCX. Meanwhile, the market rates of silver maturing on March 4, 2022,…

Explained: Why RBL Bank shares tumbled 20% today

It was a bad start to the week for RBL Bank. The shares of the private lender fell sharply to hit a 52-week low after hitting a lower circuit of 20 per cent on the stock exchanges. As of 11 am, RBL Bank shares were trading at Rs 139, down 19.42 per cent, on the Bombay Stock Exchange. On the National Stock Exchange…

Bank Holidays in January 2022: Public, private banks to remain shut for 16 days| Check full list of holidays here

The year 2021 is about to come to an end and we are going to enter 2022. As we step into 2022, it is important for all the customers to know when the banks will remain closed in the month of January 2022, so that they can plan their banking activities accordingly. The Reserve Bank of India (RBI) has released a list…