Sunday, May 22 2022 | Time 14:12 Hrs(IST)
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Business Economy


Sensex down 427.44 points

Mumbai, Jan 21 (UNI) The BSE Sensex on Friday lost 427.44 points to settle below 60k at 59,037.18 following selling in telecom, IT and consumer durable stocks.
The Nifty of National Stock Exchange (NSE) too declined 139.85 points at 17,617.15.
The Sensex registered the day's high and low at 59,329.63 and 58,620.93 respectively.
The Nifty recorded the day's high and low at 17,707.60 and 17,485.85 respectively.
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CII, PHDCCI welcome Centre's move to slash excise duty on fuel

21 May 2022 | 11:44 PM

New Delhi, May 21 (UNI) Trade bodies welcomed the Centre's move to cut excise duty on petrol and diesel.

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Govt cuts duty on raw materials of steel, PVC

21 May 2022 | 11:14 PM

New Delhi, May 21 (UNI) In a bid to reduce cost of domestic production of steel products, the government on Saturday reduced import duty on coking coal and ferronickel from 2.5 per cent to nil. The duty on coke and semi-coke has been cut from 5 per cent to nil.

In order to increase the domestic availability of iron ore and a few steel intermediates, the government has imposed or increased export duty.

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Ola, Uber drivers demand fare hike

21 May 2022 | 10:58 PM

Hyderabad, May 21 (UNI) The Telangana Gig and Platforms Workers Union (TGPWU) on Saturday demanded that the fare should be hiked based on the fuel prices of each city.

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Telangana govt invites Arrival UK to invest in Telangana

21 May 2022 | 10:51 PM

Hyderabad, May 21 (UNI) Telangana Industries and Commerce Minister K T Rama Rao (known as KTR), who is on UK tour, on Saturday said he wished to see Arrival’s Bus fleet service being launched in Hyderabad in line with Telangana’s vision to become the most electrified state in India in terms of mobility.

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Thane District Coop Bank not to be split into two for Palghar: Maha DyCM

21 May 2022 | 9:05 PM

Palghar, May 21 (UNI) Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar on Saturday categorically stated that the Thane District Co-operative Bank, which manages the affairs of the two districts of Thane and Palghar, will not be split into two to set up the Palghar District Co-operative Bank.

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