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Business
]British pound plunges to new low as tax cuts spark concern
Updated on Sep 26, 2022 06:35 PM IST
The pound fell as low as $1.0373, its lowest level since the decimalization of the currency in 1971, before rallying to above $1.08 in London early afternoon trading.
AP |
India records highest salary hike in 2022, races ahead of China: Report
Before Covid-pandemic hit, India had reported a single-digit salary increase at 9.3 per cent in 2019. It dropped to 6.1 per cent in 2020 but rose to 9.3 per cent last year in the pandemic era.
Published on Sep 26, 2022 05:01 PM IST
HT News Desk | Written by Aryan Prakash
Markets in free fall: Why Sensex, Nifty tumbled today
Among the 30-share Sensex pack, Maruti, Tata Steel, ITC, Bajaj Finance, Axis Bank, NTPC, Mahindra & Mahindra and IndusInd Bank were the major laggards. HCL Technologies, Infosys, Asian Paints, TCS, UltraTech Cement, Wipro and Nestle were the gainers.
Updated on Sep 26, 2022 05:02 PM IST
HT News Desk | Written by Aniruddha Dhar, New Delhi
Bloodbath on Dalal Street as Sensex crashes by 954 points
Among the 30-share Sensex pack, Maruti, Tata Steel, ITC, Bajaj Finance, Axis Bank, NTPC, Mahindra & Mahindra and IndusInd Bank were the major laggards.
Published on Sep 26, 2022 03:40 PM IST
ICICI Bank hikes fixed deposit interest rates. Check rates of SBI, HDFC Bank
Private moneylender ICICI Bank increased its interest rates for deposits less than ₹2 crore and also the ones between ₹2 crore and ₹5 crore.
Published on Sep 26, 2022 02:40 PM IST
Air India improves refund processes; 2.5 lakh cases cleared
Air India said the processing of a record number of pending refund cases is a testimony to the different teams coming together and addressing a key legacy issue in a comprehensive and effective manner
Updated on Sep 26, 2022 02:01 PM IST
Vistara ranked among world's 20 best airlines. Check full list
The World Airline Awards were determined by an online customer survey that ran from September 2021 to August 2022 in English, French, Spanish, Russian, Japanese and Chinese. More than 350 airlines featured in the final results.
Published on Sep 26, 2022 01:19 PM IST
HT News Desk | Written by Aryan Prakash
Sensex crashes by over 800 points after US Fed hikes rates
US Federal Reserve's hiked rates and a tighter monetary policy across central banks across the world hinted to investors for the sell-off.
Published on Sep 26, 2022 12:29 PM IST
ANI | | Posted by Nisha Anand
Rupee falls 43 paise to all-time low of 81.52 against US dollar: Report
At the interbank foreign exchange, the rupee opened at 81.47 against the greenback, then fell to 81.52, registering a fall of 43 paise over its previous closing. On Friday, the rupee slumped 30 paise to close at a fresh lifetime low of 81.09 against the US dollar.
Published on Sep 26, 2022 10:09 AM IST
PTI | | Posted by Aryan Prakash
Markets open in red as Sensex drops by 817 points; Nifty down by 200 points
Among the 30-share Sensex pack, Power Grid, Tata Steel, Maruti, Mahindra & Mahindra, NTPC, IndusInd Bank, Axis Bank and Titan were the major laggards in the early trade.
Updated on Sep 26, 2022 09:19 AM IST
PTI |
Hurun Rich List 2022: Who is Ravi Modi, whose net worth grew 376%?
With a total net worth of ₹32,400, Modi was the biggest gainer, jumping 205 positions on the list, from 246 to 41. He is the man behind ethnic wear brand ‘Manyavar.'
Published on Sep 25, 2022 06:00 PM IST
HT News Desk, New Delhi
Zerodha's new fitness challenge for employees: ‘Burn at least350 calories a day’
Those who achieve the target on 90% of the days over the next year will receive a month's salary as a bonus, tweeted Nithin Kamath, the company's co-founder and CEO.
Published on Sep 25, 2022 12:31 PM IST
HT News Desk, New Delhi
On 5G service, govt says targeting to cover entire country in 2 years
5G services in India will be launched at the India Mobile Congress on October 1, people aware of the matter had told Hindustan Times on Saturday.
Published on Sep 25, 2022 11:51 AM IST
HT News Desk, New Delhi
‘India-UK free trade agreement draft likely by Diwali’: London Lord Mayor
As London’s ambassador for financial and professional services, the Lord Mayor's visit was aimed at strengthening India-UK financial services links, building strong and sustainable two-way capital flows.
Published on Sep 25, 2022 10:40 AM IST
PTI | | Posted by Nisha Anand
Bank holidays October 2022: Branches to stay closed on these days. Details here
Next month, bank branches will be closed on these days, as per the Reserve Bank of India's (RBI) list of bank holidays.
Published on Sep 25, 2022 09:07 AM IST
HT News Desk, New Delhi
Rupee held its own against dollar. What about other currencies: FM Sitharaman
Nirmala Sitharaman, who is on a three-day visit to Pune in Maharashtra, asked a reporter to study how currencies, other than the Rupee, are performing against the dollar in the latest round of depreciation.
Updated on Sep 24, 2022 11:06 PM IST
Sharangee Dutta | Edited by Sohini Goswami, New Delhi
Elon Musk, Gautam Adani lose over ₹1 lakh crore: Report
Elon Musk, the world's richest man, lost $9.03 billion ( ₹73,373 crore) as his wealth stood at $245 billion ( ₹19.90 lakh crore). On the other hand, billionaire tycoon Gautam Adani lost $3.50 billion ( ₹28,439 crore) and now his wealth stands at $142 billion ( ₹11.53 lakh crore)
Published on Sep 24, 2022 08:10 PM IST
50% of Indians planning to upgrade smartphones, says HT Media-Aroscop survey
The report involved a pan-India survey of over 13,000 Indian consumers who read various HT Media platforms, and asked them to reveal their shopping and purchase channel preferences this festive season.
Updated on Sep 24, 2022 05:57 PM IST
HT News Desk | Written by Aryan Prakash
India on track to attract $100 billion FDI this fiscal, says Centre: Report
In 2021-22, India received the "highest ever" foreign inflows of USD 83.6 billion.
Published on Sep 24, 2022 04:43 PM IST
PTI | | Posted by Aryan Prakash
Pay Commission: Govt to revise minimum qualifying service norms for promotion
“All ministries/departments are requested to effect necessary amendments to the recruitment rules/service rules after following the due procedure,” the the Department of Personnel and Training (DoPT) said in a circular.
Published on Sep 24, 2022 12:55 PM IST
HT News Desk, New Delhi
Byju's clears $230 million dues to Blackstone for Aakash acquisition: Report
Byju's co-founder and CEO Byju Raveendran at the time of announcing the result had said that the contractual commitment of the two investment firms is still there, but the fund has not come and these entities have not made any investment in the last six months.
Published on Sep 24, 2022 12:06 PM IST
PTI | | Posted by Aryan Prakash
Global food giant Nestle to invest ₹5,000 crore in India by 2025: Report
Nestle India's revenue in 2021 stood at ₹14,709.41 crore. It had last invested around ₹700 crore to open its plant at Sanand in Gujarat to manufacture a range of popular instant noodles Maggi.
Published on Sep 24, 2022 11:44 AM IST
PTI | | Posted by Aryan Prakash
Govt employee and want to travel by air? Here are some LTC rules you should know
The guidelines have been issued by the Department of Post under the Ministry of Communications.
Published on Sep 24, 2022 11:42 AM IST
HT News Desk, New Delhi
‘Don’t spy…': Satya Nadella coins ‘productivity paranoia’ amid moonlighting row
According to a survey on corporate attitudes by Microsoft, it has been found that 85 per cent of managers are worrying that they can't tell if employees are getting enough work done, while 87 per cent of the workers say that the productivity is fine, Bloomberg reported.
Published on Sep 24, 2022 11:02 AM IST
HT News Desk | Edited by Aryan Prakash
Want to subscribe to National Payment System? 5 recent rule changes to know
A voluntary retirement pension scheme, NPS enables its subscribers to make decisions regarding their post-retirement life, through systematic savings while they are actively employed.
Published on Sep 24, 2022 09:53 AM IST
HT News Desk, New Delhi
‘Companies trying to prevent employees…’: Rajeev Chandrasekhar on 'Moonlighting'
Employees want to achieve multiple things with their skills and this is an idea whose time has come, the Union minister said.
Published on Sep 24, 2022 06:30 AM IST
HT News Desk, New Delhi
India's forex reserves hit near 2-year low
In the previous week ending September 9, the foreign exchange reserves stood at $550.871 billion. The reserves have dropped by $5.22 billion to hit the lowest level since October 2, 2020, RBI's weekly statistical supplement showed on Friday.
Published on Sep 24, 2022 12:30 AM IST
ANI |
Pound hits 37-year low below $1.12 as recession fears grow
Traders grow increasingly worried as pound fell to a fresh 37-year low against the dollar on Friday.
Published on Sep 23, 2022 07:43 PM IST
AFP | | Posted by Lingamgunta Nirmitha Rao
TCS to resume work from office: 3 days every week mandatory for all
Most of the corporate companies have gradually opened up their premises for physical mode again.
Published on Sep 23, 2022 07:18 PM IST
Written by Lingamgunta Nirmitha Rao | Edited by Sohini Goswami
