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Economy

 Its revenue from operations during July-September 2021 stood at Rs 2,115.14 crore, a jump of 62.05 per cent as against Rs 1,305.17 crore in the year-ago period.

Textile maker Arvind reports net profit of Rs 71 cr in Jul-Sep

Oct 27, 2021

The company had posted a net loss of Rs 5.86 crore during the corresponding quarter of the previous financial year.

 Vittal also suggested using 'Airtel Safe Pay' describing it as a "very sound way" to avoid fraud.

Be vigilant against rising cases of cyber fraud: Airtel CEO

Oct 27, 2021

In an email outreach to subscribers, Gopal Vittal, CEO of Airtel, says common instances of fraud include fake UPI handles and websites, and fake OTPs.

 There was an increase in searches for pest control, housekeeping services, and modular kitchens. Car rentals became the fastest-growing category with 100% growth, primarily attributed to the festive rush.

Demand soars for furniture, beauty parlours and restaurants this festive season

Oct 27, 2021

There was an increase in searches for pest control, housekeeping services, and modular kitchens. Car rentals became the fastest-growing category with 100% growth, primarily attributed to the festive rush. 

The person from Haryana was nabbed on October 23 under the provisions of the GST Act for defrauding the government of GST worth over Rs 26 crore.

DGGI unit arrests three persons in Gurugram for evading GST worth over Rs 48 cr

Oct 27, 2021

Two persons were nabbed on October 5 and October 9 on charges of having a fake billing racket which involves more than 20 firms.

Online gaming market expected to touch $7 billion value by 2025

India to have 235 mn paid gamers by 2025: RedSeer-Lumikai report

Oct 27, 2021

The paid gamers user base in India, according to the survey will be 235 million in 2025, a 3X jump from the number of such users -- 80 million -- in 2020

Business sentiment at two-year high; jumps nearly 90% in Q2: NCAER

Oct 27, 2021

The BCI was the highest for consumer non-durables at 123.9 and the lowest for capital goods at 111.4. Services, battered by Covid-induced lockdowns for most of the first quarter, showed the BCI at 115.4.

 Sources indicate that the decision taken by Railway Minister Ashwini Kumar aims to cut down on paybacks, bring in more competition and thus lower the Railways' cost.

PSUs to compete with private firms for rail contracts post new order

Oct 27, 2021

The order on Tuesday, in effect, takes away a level of protection the PSUs enjoyed under a policy formed in 2019 which gave them dibs at juicy rail contracts.

 The Future Sentiment Index score rose from 56 in Q2 2021 to 72 in Q3 2021, which is also the highest ever in the history of the Index.

Current, future sentiment index in real estate at all-time high: Report

Oct 27, 2021

As per the report, both the current and future sentiments of the real estate sector have improved across all parameters in Q3 2021, on account of the economic recovery.

After the recent rise in prices, petrol is inching closer towards the Rs 108 per litre mark in Delhi

Petrol, diesel prices rise after two-day pause; check latest fuel rates here

Oct 27, 2021

Fuel rates were kept unchanged on October 26 and October 25. Fuel prices were last changed on October 24.

Supreme Court to pronounce judgment on Pegasus row

Pegasus row: SC to pronounce judgment on pleas seeking court-monitored probe

Oct 27, 2021

The Supreme Court bench had earlier stated that it was in the process of forming an independent committee of experts to probe the matter.

Finance Minister Nirmala Sitharaman

Multilateral development banks should intensify private capital mobilisation: FM Sitharaman

Oct 26, 2021

Sitharaman says the social protection and economic stimulus packages brought out by the government along with timely structural reforms in various sectors have been pivotal in India's economic recovery process.