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People stand outside the Bombay Stock Exchange (BSE)(REUTERS)

Sensex recovers after plunging over 1000 pts; Nifty down by 222 pts

By hindustantimes.com | Written by Shankhyaneel Sarkar | Edited by Avik Roy
PUBLISHED ON SEP 28, 2021 02:51 PM IST
  • The benchmark S&P BSE Sensex lost 1.48% and is currently trading at 59,188 points, and dropped 889 points around 2.40pm IST. The NSE Nifty 50 index fell 1.21% and is currently trading 215 points lower at 17,639 points.
An exterior view of Life Insurance Corporation of India's (LIC) headquarters, in Mumbai. (Reuters File Photo)
An exterior view of Life Insurance Corporation of India's (LIC) headquarters, in Mumbai. (Reuters File Photo)

LIC seeks to appoint CFO before its mega IPO planned in 2021/22

Reuters | | Posted by Shubhangi Gupta
PUBLISHED ON SEP 28, 2021 01:05 PM IST
  • The move to hire a CFO follows a decision to re-designate LIC’s top job to chief executive officer from chairman earlier this year.
Diesel price has increased by nearly 70 paise in four days.(HT File Photo)
Diesel price has increased by nearly 70 paise in four days.(HT File Photo)

Fuel prices go up after months: Check latest rates in your city

Written by Susmita Pakrasi | Edited by Sohini Goswami, Hindustan Times, New Delhi
PUBLISHED ON SEP 28, 2021 10:26 AM IST
  • In Delhi, petrol rates reached 101.39 per litre with a hike of 0.20, while diesel rose by 0.25 for the second consecutive day to touch 89.57 per litre.
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Tuesday, Sep 28, 2021
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Tuesday, Sep 28, 2021

Indian spot gold rate and silver price on Tuesday, Sep 28, 2021

By HT Analytics
PUBLISHED ON SEP 28, 2021 10:01 AM IST
Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Tuesday, Sep 28, 2021
On the other hand, NTPC, UltraTech Cement, PowerGrid and SBI were among the gainers.(Bloomberg)
On the other hand, NTPC, UltraTech Cement, PowerGrid and SBI were among the gainers.(Bloomberg)

Sensex drops over 100 points in early trade; IT stocks drag

PTI | , Mumbai
UPDATED ON SEP 28, 2021 09:54 AM IST
  • The 30-share Sensex was trading 124.32 points or 0.21 per cent lower at 59,953.56. Similarly, the Nifty declined 21.40 points or 0.12 per cent to 17,833.70.
Speaking at the Code Conference in Beverly Hills, California, Nadella said he was looking forward to bringing Microsoft's security, child safety and cloud expertise to TikTok.(Reuters file photo)
Speaking at the Code Conference in Beverly Hills, California, Nadella said he was looking forward to bringing Microsoft's security, child safety and cloud expertise to TikTok.(Reuters file photo)

'Failed TikTok deal strangest thing I have worked on': Satya Nadella

Reuters |
PUBLISHED ON SEP 28, 2021 08:51 AM IST
TikTok had been ordered by then-U.S. President Donald Trump to separate its US version from Chinese parent ByteDance because of national security concerns about the collection of U.S. users' data
Paras Defence IPO was open for subscription between September 21 and September 23. (Representative Image)
Paras Defence IPO was open for subscription between September 21 and September 23. (Representative Image)

Paras Defence IPO share allotment today. How to check application status

By hindustantimes.com | Written by Meenakshi Ray, New Delhi
PUBLISHED ON SEP 28, 2021 08:20 AM IST
After the finalisation of Paras Defence share allotment, initiation of refund is likely to take place on September 29 and credit of shares in the demat accounts of bidders is expected the next day, September 30.
The retail price of petrol in Delhi, however, has remained frozen at <span class='webrupee'>₹</span>101.(HT File Photo)
The retail price of petrol in Delhi, however, has remained frozen at 101.(HT File Photo)

3rd price hike in four days makes diesel costlier by 70 paise/litre

By Rajeev Jayaswal, Hindustan Times, New Delhi
UPDATED ON SEP 28, 2021 01:45 AM IST
  • Earlier, diesel prices had softened to 88.62 per litre after climbing to a record high of 89.87 in mid-July.
Icra said late sowing has helped to bring the kharif acreage nearly at par with last year’s record area.
Icra said late sowing has helped to bring the kharif acreage nearly at par with last year’s record area.

Icra increases GDP growth forecast to 9%

Livemint | By Mint Correspondent
PUBLISHED ON SEP 28, 2021 01:42 AM IST
  • To be sure, Icra is still at the lower rung of gross domestic product (GDP) forecasts for FY22.
Karnataka chief minister Basavaraj Bommai. (File photo)
Karnataka chief minister Basavaraj Bommai. (File photo)

K’taka CM, Ajit Pawar set to lead GST ministerial panels

By Gireesh Chandra Prasad
PUBLISHED ON SEP 28, 2021 01:39 AM IST
  • The Bommai panel will suggest changes that may be rolled out immediately. The group has two months to submit its report, according to one of the orders.
The Centre’s borrowing calendar for the second half has provided a positive surprise, said Aditi Nayar, chief economist, ICRA Ltd.(MINT)
The Centre’s borrowing calendar for the second half has provided a positive surprise, said Aditi Nayar, chief economist, ICRA Ltd.(MINT)

Govt effectively cuts borrowing target for FY22

Livemint | By Asit Ranjan Mishra, New Delhi
PUBLISHED ON SEP 28, 2021 01:30 AM IST
  • This, in effect, reduces the annual gross borrowing target to 10.46 lakh crore for the year to March 31 from the budgeted 12.05 lakh crore.
The country’s unemployment rate soared to past 20% during the first wave of the pandemic and stood at 8.32% on August 31, according to CMIE data.
The country’s unemployment rate soared to past 20% during the first wave of the pandemic and stood at 8.32% on August 31, according to CMIE data.

Employment across 9 sectors sees 29% rise in June qtr: Govt

By Zia Haq
UPDATED ON SEP 28, 2021 04:41 AM IST
  • The results of the first round of a redesigned quarterly employment survey (QES) showed an estimated total employment of 3.08 crore compared to 2.3 crore jobs reported in the 2013-14 sixth economic census.
Facebook CEO Mark Zuckerberg had said investments in virtual and augmented reality will help support the evolution of the metaverse.(Bloomberg)
Facebook CEO Mark Zuckerberg had said investments in virtual and augmented reality will help support the evolution of the metaverse.(Bloomberg)

Facebook to invest million to responsibly build 'metaverse'

Reuters |
PUBLISHED ON SEP 27, 2021 10:53 PM IST
The new XR Programs and Research Fund will invest the money globally over two years to ensure metaverse technologies are "built in a way that's inclusive and empowering," Facebook said.
Bharat Petroleum will invest 300 billion rupees in petrochemicals to make propylene and ethylene derivatives, and another 200 billion rupees to expand its gas business.&nbsp;(REUTERS)
Bharat Petroleum will invest 300 billion rupees in petrochemicals to make propylene and ethylene derivatives, and another 200 billion rupees to expand its gas business. (REUTERS)

Bharat Petroleum to spend .5 bn to expand, diversify businesses

Bloomberg |
PUBLISHED ON SEP 27, 2021 07:50 PM IST
The bulk of the investment will be in five areas: petrochemicals, natural gas, electric mobility, consumer retailing, renewables and bio-fuels, Chairman Arun Kumar Singh said in a virtual conference Monday.
Adani Wilmar markets edible oils and other food products under the Fortune brand.(Reuters / Representative Image)
Adani Wilmar markets edible oils and other food products under the Fortune brand.(Reuters / Representative Image)

Adani Wilmar launches 12 'Fortune Mart' stores across 6 states. Check details

By hindustantimes.com | Edited by Kunal Gaurav, Hindustan Times, New Delhi
PUBLISHED ON SEP 27, 2021 07:20 PM IST
The physical stores, which are being launched on a franchise model, will exclusively sell Fortune and other Adani Wilmar brand products.
TAC Security took the decision after carrying out an internal survey.(Representative Photo)
TAC Security took the decision after carrying out an internal survey.(Representative Photo)

Cybersecurity firm in India shifts to 4-day working week

By hindustantimes.com, Hindustan Times, New Delhi
PUBLISHED ON SEP 27, 2021 06:28 PM IST
There have been surveys in India where health experts have opined that a four-day work week would make people more mindful of their professional responsibilities, and also increase productivity.
File photo for representational purposes.&nbsp;(ANI file photo)
File photo for representational purposes. (ANI file photo)

Sensex, Nifty tick higher to fresh records

PTI | , Mumbai
UPDATED ON SEP 27, 2021 03:37 PM IST
After touching its lifetime intra-day high of 60,412.32, the 30-share Sensex ended 29.41 points or 0.05 per cent higher at its all-time closing peak of 60,077.88. Similarly, the NSE Nifty advanced 1.90 points or 0.01 per cent to record 17,855.10.
Representative Image
Representative Image

These new rules will come into effect from October 1. Check here

By hindustantimes.com, New Delhi
PUBLISHED ON SEP 27, 2021 02:21 PM IST
The rules concern daily lives of people as these pertain to their pension, bank cheque books etc.
An Inox multiplex in Pune (File Photo/Used only for representative purpose)
An Inox multiplex in Pune (File Photo/Used only for representative purpose)

Inox, PVR shares at 52-week high after Maharashtra decides to reopen theatres

By hindustantimes.com, New Delhi
PUBLISHED ON SEP 27, 2021 01:15 PM IST
Monday's intra-day trading saw Inox shares surge 18 per cent, while those of PVR were up 10 per cent.
The site logged reports of interrupted service in the United States, Europe, Hong Kong and other parts of the world.(REUTERS)
The site logged reports of interrupted service in the United States, Europe, Hong Kong and other parts of the world.(REUTERS)

Encrypted messaging app Signal hit by brief outage

AFP |
PUBLISHED ON SEP 27, 2021 01:09 PM IST
  • First launched in 2014, Signal saw a surge in downloads earlier this year after Facebook-owned messaging service WhatsApp tweaked its terms of service and sparked privacy concerns.
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Monday, Sep 27, 2021
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Monday, Sep 27, 2021

Indian spot gold rate and silver price on Monday, Sep 27, 2021

By HT Analytics
PUBLISHED ON SEP 27, 2021 10:02 AM IST
Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Monday, Sep 27, 2021
Auto stocks were up 0.8%, helped by a more than 1% rise in Tata Motors, the top Nifty gainer, while public sector banks advanced 0.7%.(Bloomberg)
Auto stocks were up 0.8%, helped by a more than 1% rise in Tata Motors, the top Nifty gainer, while public sector banks advanced 0.7%.(Bloomberg)

Shares open higher on auto, bank stock gains

Reuters |
UPDATED ON SEP 27, 2021 09:26 AM IST
Shares have outperformed peers in emerging markets, helped by flush liquidity and as progress in the country's vaccination campaign has bolstered sentiment ahead of the festive season.
The Amazon sale will see over 850,000 sellers participate and 1,000 product launches across categories.
The Amazon sale will see over 850,000 sellers participate and 1,000 product launches across categories.

Amazon advances festive sale to Oct 3 to match rival Flipkart

Livemint | By Madhurima Nandy
PUBLISHED ON SEP 27, 2021 04:38 AM IST
  • Amazon India on Sunday advanced its flagship Great Indian Festival sale to October 3, the same as rival Flipkart, which on Saturday advanced its own Big Billion Days sale from October 7 to October 3.
Economic revival, falling Covid cases, low home loan rates and new residential launches in the festive season are expected to keep the sector attractive, said analysts.
Economic revival, falling Covid cases, low home loan rates and new residential launches in the festive season are expected to keep the sector attractive, said analysts.

Top 10 listed real estate firms cut debt by 37% post Covid-19

Livemint | By Nasrin Sultana
PUBLISHED ON SEP 27, 2021 04:35 AM IST
  • After a slump in real estate stocks, the sector is regaining strength with the BSE Realty index rising nearly 25% last week.
Around 78% of registrations were facilitated by the government-run common service centres, while individual workers did the rest.(PTI)
Around 78% of registrations were facilitated by the government-run common service centres, while individual workers did the rest.(PTI)

17.1 mn workers added to informal sector database

Livemint | By Prashant K Nanda, New Delhi
UPDATED ON SEP 27, 2021 04:41 AM IST
  • Workers from Bihar, Uttar Pradesh, Madhya Pradesh, Odisha, West Bengal and Andhra Pradesh made up most of those registered on the database.
Many banks have inked deals with fintech companies to augment their reach.
Many banks have inked deals with fintech companies to augment their reach.

Banks, fintech firms tie up to grow biz

Livemint | By Shayan Ghosh, Mumbai
PUBLISHED ON SEP 27, 2021 02:50 AM IST
  • While large public sector banks are better placed in terms of branches, smaller private lenders are taking this route to onboard new customers.
According to S&amp;P Global Market Intelligence’s annual global bank ranking of 2021, SBI fared at the 57th rank with 8.49 billion in assets, down from 55th rank last year.(Reuters file photo)
According to S&P Global Market Intelligence’s annual global bank ranking of 2021, SBI fared at the 57th rank with 8.49 billion in assets, down from 55th rank last year.(Reuters file photo)

‘India needs at least 4-5 more banks like SBI’

By Rajeev Jayaswal
PUBLISHED ON SEP 27, 2021 02:46 AM IST
  • “Banks have to grow in size and there should be a few more large banks of SBI’s size,” an IBA statement said, quoting the finance minister. SBI is India’s largest lender.
Any PE wanting to be a mutual fund sponsor may be required by Sebi to commit capital worth over <span class='webrupee'>₹</span>100 crore.&nbsp;(REUTERS)
Any PE wanting to be a mutual fund sponsor may be required by Sebi to commit capital worth over 100 crore. (REUTERS)

Sebi may let PE firms own mutual funds

Livemint | By Anirudh Laskar, Mumbai
UPDATED ON SEP 27, 2021 02:43 AM IST
  • An entity with a stake of 40% or more in an asset manager is its sponsor.
Google said that it is “aware that an exploit for CVE-2021-37973 exists in the wild.”
Google said that it is “aware that an exploit for CVE-2021-37973 exists in the wild.”

Google reports yet another security bug on Chrome. Here’s how it can be fixed

Written by Sharangee Dutta | Edited by Poulomi Ghosh, Hindustan Times, New Delhi
PUBLISHED ON SEP 26, 2021 11:25 PM IST
The security bug report comes only days after Google reported as many as 19 flaws on September 21, which affect Mac, Linux and Windows.
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