New Delhi,  The Income Tax Department on Friday said that they carried out a search and seizure operation recently on an ex-fund manager and chief trader of equities of a prominent mutual fund house, along with related sharebrokers, middlemen, and entry operators.

The search action, on July 28, covered m

New Delhi,  With Delhi set to return to the old excise policy from September 1, the national capital will have 500 liquor stores from next month to serve the citizens.

The number may be increased by 700 by the year-end.

According to a source, four Delhi government corporations, namely the

New Delhi,  The Supreme Court on Friday observed that opaqueness is antithetical to transparency and institutions ought to adopt procedures that further the democratic principles of transparency and accountability as it directed the SEBI to allow Reliance Industries Ltd access to certain documents in a case connected w

New Delhi,  Digital financial services giant One97 Communications, that operates the brand Paytm, on Friday reported its Q1FY23 results, where it saw a massive jump in revenue from operations driven by strong monetiSation in payments, device subscriptions and accelerated adoption of high-margin businesses such as lendi

New Delhi, A Mumbai-bound Vistara flight returned to Varanasi after it suffered a bird hit, Aviation regulator DGCA said.

Vistara A320 aircraft VT-TNC operating flight UK622 (Varanasi-Mumbai) was involved in an air turn back to Varanasi due to a bird hit. The aircraft has landed safely in Varanasi with and th

New Delhi,   India-based crypto platform WazirX has courted massive controversy, first after Enforcement Directorate (ED) raids on its parent company Zanmai Lab and then world's largest crypto exchange Finance completely disowning the Nischal Shetty-run platform.

Changpeng Zhao, founder and CEO

Mumbai,  Bank of Baroda, the second largest state-owned bank, is planning to raise Rs 1,000 crore through issuance of infrastructure and affordable housing bonds on August 12, a source close to the development told IANS.

"The likely tenure for the bonds is seven years and have Rs 250 crore as base i

New Delhi,  The mass production of chip-maker Intels next big flagship processor Meteor Lake is expected to be delayed until 2024, a report has said.

According to TrendForce research, Intel plans to outsource the tGPU chipset in Meteor Lake to Taiwan Semiconductor Manufacturing Company (TSMC) for manufac

Mumbai, The interest rates and the equity market have an inverse relationship, but this time it has proved wrong because even after the Reserve Bank of India (RBI) hiked repo rate by 50 basis points, the equity market have jumped.

This is not the first time the dynamics have changed, but over the last 15 year

Mumbai, India's forex reserves rose around $2.4 billion during the week ending July 29 after falling for the four consecutive weeks. The rise was seen on back of positive inflows by the foreign investors in the Indian equity market.

The country's foreign exchange reserves rose by $2.315 billion to $57