Stock Market News | Corporate News | Live Share Market News | Banking News India – Oneindia Money

Job Losses More Prevalent Among The Youngest And Oldest Employees in Second Wave: Survey

Wed, 16 Jun 2021 16:18:26 +0530

When it comes to losing a job permanently, the youngest and the oldest segments in the workforce have reported an increase in setbacks in the second wave of the pandemic, a survey of by a Fortune500 company has said. The survey,

Stock Market News Round-Up: Sensex, Nifty End Lower By Half a Percent

Wed, 16 Jun 2021 15:57:08 +0530

The benchmark indices ended the day lower, due to weakness in metals stocks and heavyweight Reliance Industries. The Sensex closed at 52501.98, down 271.07 points, or 0.51 percent, at the close. The Nifty ended the day at 15,767.55, up 101.70  points,

Inflation Persistence Vs Low Growth, RBI Has Limited Choice

Wed, 16 Jun 2021 15:18:02 +0530

The Research desk of SBI believes that the RBI will maintain a status-quo in August, even as the central bank would still try to find a marriage of convenience of regulatory and developmental measures and monetary policy in August policy. "The

RBI May Retain Status Quo In August Policy: SBI Report

Wed, 16 Jun 2021 15:04:29 +0530

With retail inflation witnessing significant uptick in May, the Reserve Bank of India (RBI) is likely to maintain status quo in its August monetary policy review, according to a report. According to the SBI's research report- Ecowrap, inflation may remain elevated

3 Stocks To Buy For Long Term With Upside Up To 34%

Wed, 16 Jun 2021 14:21:51 +0530

Indices in trade today (June 16, 2021) are down with Nifty falling below 15,800 levels and Bank Nifty and broader markets underperforming their headline peers. Now as record highs have been scaled on the index only yesterday with Nifty topping levels

7th Pay Commission: How central govt employees can avail benefits under NPS?

Wed, 16 Jun 2021 13:42:56 +0530

Central government employees covered by the National Pension System now have the choice of receiving benefits from the old pension plan or the accumulated pension fund under NPS if they die during employment, according to rule 10 of the CCS (Implementation

Brent may test $78-80 levels, support at $68 -70 levels: Emkay Wealth Management

Wed, 16 Jun 2021 13:26:44 +0530

As per a study by Emkay Wealth Management, the Brent crude oil prices may test higher levels of USD 78-80, and the support may be at USD 68-70 level. But the rise may be, to a certain extent, limited by the

Now You Can Get A Driving License Without RTO, Here’s How

Wed, 16 Jun 2021 12:47:35 +0530

A new announcement for driving training centres has been published by the Union Ministry of Road Transport and Highways. According to the Ministry's new rules, you can now acquire a driving permit without taking a driving test at a Regional Transport

Twitter Loses 'Safe Harbour' Shield in India Due To Non-Compliance Over IT Rules

Wed, 16 Jun 2021 12:19:23 +0530

Twitter has lost its 'safe harbour' protection in India over non-compliance with IT rules and failure to appoint key personnel mandated under the new guidelines, despite repeated reminders, and the platform will now be liable for action under the Indian Penal

7th Pay Commission: Time Limit To Claim Travel Allowance Increased For Govt. Employees - Check Details

Wed, 16 Jun 2021 12:15:14 +0530

Before the must awaited DA and DR relief for central government employees expected in July, the centre has extended the timeline for submitting claims in lieu of travelling allowance (TA) on retirement to 180 days from the earlier 60 days

Nifty Auto Stocks Lower; Ashok Leyland, Balkrishna Among Top Losers

Wed, 16 Jun 2021 12:02:41 +0530

The Nifty Auto stocks were trading on a gloomy tone due to market selling pressure. The NIFTY Auto Index is intended to reflect the performance and behavior of the Indian vehicle industry. A troubling trend is currently affecting equity benchmarks, which

PFRDA: Changes In NPS Withdrawal Rules Without Annuity, Details Inside

Wed, 16 Jun 2021 11:23:11 +0530

The Pension Fund Regulatory and Development Authority (PFRDA) has simplified the National Pension System (NPS) withdrawal guidelines by allowing NPS account users to withdraw their complete amassed pension fund if their accumulated value in the NPS account is Rs 5 lakh

Axis Bank Revises SMS Alert Charges On Savings Account, Details Inside

Wed, 16 Jun 2021 10:51:35 +0530

Axis Bank, a private sector lender, has adjusted its SMS fees in response to the telecom regulatory authority's new regime. According to the bank, the fees will be charged at 25 paise for each SMS alert, up to a limit of

RIL Shares Slip 2% Ahead Of The Launch Of Jio's Jiofiber Post Paid Service

Wed, 16 Jun 2021 15:23:12 +0530

Shares of Reliance Industries on June 16, 2021 fell close to 2 percent to day's low price of Rs.2207 as against previous day's close of Rs. 2250 per share on the NSE. Meanwhile, headline indices traded flat with a negative bias on

Central Govt Employees: ‘Flexi’ Guidelines Issued For Office Attendance, Details Inside

Wed, 16 Jun 2021 09:41:46 +0530

The Department of Personnel and Training has urged government employees at the undersecretary level and above to report to work on working days from June 16 to June 30, whereas employees with disabilities and pregnant women will continue to work from

Indian Markets Trade Flat, All Eyes On US Fed

Wed, 16 Jun 2021 09:27:55 +0530

Global markets were trading mostly lower, ahead of the statement and press conference of US Federal Reserve. While interest rates are expected to be held steady by the US Central Bank, the statement on inflation is what markets are looking for.

Alert SBI Customers! Online Banking Unavailable For Two Hours On This Day

Wed, 16 Jun 2021 09:36:51 +0530

The State Bank of India (SBI) has announced that its digital services would be unavailable for a few hours on June 17 owing to maintenance work. Between 12.30 and 2.30 a.m. on June 17, SBI's digital banking platforms, including Yono, Yono

Gold Prices Steady, Here’s What Experts Say Before Fed Meet Outcome

Wed, 16 Jun 2021 09:12:02 +0530

Gold price movement woud largely depend on the statement from the US Fed. Here is what experts are making ahead of the US Federal Reserve statement. Amit Khare, AVP- Research Commodities, Ganganagar Commodities Limited Gold and silver prices are lower and

Mandatory EPF-Aadhaar Linking Deadline Extended By 3 Months

Wed, 16 Jun 2021 07:52:20 +0530

On Tuesday, the Employees' Provident Fund Organisation (EPFO) extended the timeline for mandatory seeding of EPF's UAN and Aadhaar by 3 months to September 1 as against June 1 previously. The extension has been announced on the request of the government

Fitch Affirms Adani Ports at 'BBB-'; Outlook Negative

Tue, 15 Jun 2021 22:32:06 +0530

Fitch Ratings has affirmed Adani Ports and Special Economic Zone Limited's (APSEZ) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-'. The Outlook is Negative, says the rating agency.  "About 56% of APSEZ's cargo is sticky, which includes contractual take-or-pay cargo, cargo

Gold Hallmarking Implementation May See A Further Extension In Timeline

Tue, 15 Jun 2021 21:40:44 +0530

In order to avoid any kind of fraudulent act on customers while purchasing gold jewelley, gold hallmarking has been made compulsory. Considering the current ruling, the new rules with regard to hallmarking will come into effect from June 16.

7 Stocks To Buy Or In The News For Trading On Wednesday June 16, 2021

Tue, 15 Jun 2021 20:17:54 +0530

The Sensex closed at a new record high of 52,773.05 points on Tuesday, gaining for four successive days. The market capitalisation of BSE-listed companies reached a lifetime high of Rs 2,31,58,316.92 crore on Tuesday. With the Indian markets hitting and closing

Exports jump 69.35% to $32.27 Billion in May; Trade Deficit At $6.28 Billion

Tue, 15 Jun 2021 20:05:58 +0530

India's exports rose by 69.35 per cent to USD 32.27 billion in May, driven by healthy growth in sectors such as engineering, petroleum products and gems and jewellery, even as trade deficit widened to USD 6.28 billion, according to government data

Indian Stock Market is Displaying 'Unbreakable Nature' Amid Second Wave: Julius Baer

Tue, 15 Jun 2021 18:51:22 +0530

The Indian equity market is showing an "unbreakbale nature" amid the second COVID-19 wave and the benchmark Sensex might well hit the 58,500 level by March next year, according to global wealth management major Julius Baer. Emphasising that India is a

Financial Wealth In India Jumps 11 Per Cent in Pandemic Year To USD 3.4 trillion: Report

Tue, 15 Jun 2021 18:44:21 +0530

Financial wealth in India grew 11 per cent to USD 3.4 trillion in 2020 despite the coronavirus pandemic, a global consultancy estimated on Tuesday. The 11 per cent growth in financial wealth was at par with the compounded annual growth rate

Power Finance Q4: PFC Reports Highest Ever Net Profit of Rs 8,444 Crore

Tue, 15 Jun 2021 18:02:56 +0530

PFC, a non-banking financial institution under the Ministry of Power, posted its highest ever net profit of 8,444 crores in FY 21, up 49 percent year on year (Y-o-Y). Power Finance Corporation (PFC) declared a net profit of Rs 3,906 crore

Crypto News Roundup: Bitcoin, Polkadot, Ethereum Surge

Tue, 15 Jun 2021 17:38:05 +0530

The overall crypto market volume over the last 24 hours has increased by 7.43 percent to $101.12 billion dollars. The overall volume in DeFi is currently $7.79 billion, accounting for 7.71 percent of the entire 24-hour volume in the crypto market.

Gems, Jewellery Exports Fall By 5 Per Cent Due To Covid Disruptions: GJEPC

Tue, 15 Jun 2021 17:26:49 +0530

India's gems and jewellery exports in May 2021 declined by 5 per cent to Rs 21,188 crore (USD 2.89 billion) compared to the same month in pre-pandemic 2019, due to the disruptions caused by the second Covid wave across the country,

Deepak Fertilisers Shares Hit New 52-Week High: Will The Stock Rally Any Further?

Tue, 15 Jun 2021 20:23:58 +0530

Shares of Deepak Fertilisers in intra-day trade on June 15, 2021 (Tuesday) hit a fresh 52-week high of Rs. 474.5 per share, gaining close to 6 percent on the NSE. The scrip of the fertilizers company has been gaining for the

7th Pay Commission: Limit for reimbursement of medical claims of NVS principals raised

Tue, 15 Jun 2021 15:10:38 +0530

The central government has stated that the maximum reimbursement of Navodaya Vidyalaya School (NVS) Principals' medical claims will be raised. The Department of School Education and Literacy has previously published a memorandum in this matter. The Ministry of Education's Department of