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Tube Investments of India (TII) reported a net profit of Rs 129 crore in the January-March quarter results for the financial year 2020-21, up 74 per cent year-on-year, compared to Rs 74 crore in the corresponding quarter of the previous fiscal. According to a regulatory filing by the company to …

Rupee Vs Dollar Today: The rupee settled at 73.86 against the dollar Snapping its eight-session losing streak, the rupee rose 22 paise against the US dollar on Friday, June 18, to settle at 73.86, catching cues from the stronger Asian currencies and reduced crude oil prices. At the interbank foreign exchange …

A decade ago, India was widely tipped to be the world’s third-largest car market by 2020 Foreign automakers’ hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections and limited government room for more stimulus spending suggest a recovery could lag far behind China and the …

Minister of State for Personnel Jitendra Singh Banks have been instructed to disburse pension expeditiously to ensure “ease of living” for the elderly amid the COVID-19 pandemic, Minister of State for Personnel Jitendra Singh said on Friday. Instructions have also been issued that in case of death of a pensioner, …

The monetary policy committee must be watchful of inflation expectations getting entrenched if prices remain elevated for too long, as it could undermine its hard-earned credibility in efficient inflation targeting, MPC member Jayant Varma wrote in the June meeting minutes published on Friday. “To maintain and enhance this credibility, the …

Shares of KEC International settled 3.54 per cent higher at Rs 416.95 apiece on the BSE. Share price of KEC International Limited gained more than three per cent on Thursday, June 17, a day after the leading EPC player won orders worth Rs 937 crore across various businesses. On Thursday, KEC …

Long bets on most of Asia’s emerging currencies were trimmed, a Reuters poll showed The rupee saw its biggest single-day fall in more than two months on Thursday while bond yields rose as the U.S. Federal Reserve stunned investors by signalling it might raise interest rates as early as 2023, …

Gurugram has secured the title of the ‘most suitable city’ to live in amid the COVID-19 pandemic, compared to Mumbai and Bengaluru. According to a recent report titled ‘Suitability Index: The Covid Perspective,’ released by tech-led brokerage and mortgage marketplace Square Yards, Gurugram overshadowed the other two metropolitan cities in terms of …

Private lender IndusInd Bank announced the launch of a new digital lending platform ‘IndusEasyCredit’ on Thursday, June 17, in a bid to enable customers to meet their financial needs from their homes. According to a statement shared by IndusInd Bank, the digital platform will allow both existing and non-IndusInd Bank customers to avail …

Ministry of Road Transport has extended validity of all vehicle-related documents till September 30, 2021 In a bid to help citizens who could not get a chance to renew their driving licenses, fitness certificates of vehicles, registration documents and permits since last year, owing to the Coronavirus induced lockdowns, the …