Punjab & Sind Bank reports first quarter net profit at Rs 174 crore

The Fact News Service Chandigarh, July 29 State-owned Punjab & Sind Bank ‘s MD &CEO S Krishnan via virtual press conference on Thursday said that bank reported a net profit…

Fuel price hike: Petrol climbs to Rs 107.83 in Mumbai

The Fact News Service New Delhi, July 19 Petrol prices in the Mumbai rose to Rs 107.83 per litre on July 19. The price of diesel in the city was…

Petrol price touches new high, breaches Rs 107/L mark in Mumbai

The Fact News Service New Delhi July 15 Petrol prices in Mumbai rose to Rs 107.54 per litre on Thursday, touching another record high figure after fuel rates were hiked…

Petrol, diesel prices hiked again

The Fact News Service New Delhi, July 10 Fuel prices continue to soar across the country and touched a record high on Saturday in the national capital with petrol retailing…

Fuel rates continue to soar; CNG, PNG prices also hiked in NCR

The Fact News Service New Delhi , July 8 Fuel prices continue to soar across India and touched a record high in the national capital as petrol price is retailing…

Petrol price in Delhi crosses Rs 100-mark

The Fact News Service New Delhi , July 7 The price of petrol crossed Rs 100-mark in the national capital and stood at Rs 100.21 per litre on Wednesday. The…

GST collections total Rs 92,849 crore in June

The Fact News Service New Delhi , July 6 The Goods and Services Tax (GST) revenue in June totaled Rs 92,849 crore, the government said on Tuesday. Of this, Central…

RBI to conduct Rs 20,000 crore bond purchase on July 8

The Fact News Service Mumbai, July 6 The Reserve Bank of India (RBI) will conduct open market purchase of government bonds worth Rs 20,000 crore under the G-sec Acquisition Programme…

LPG prices hiked, cylinders to cost more from today

The Fact News Service New Delhi , July 1 Prices of Liquefied petroleum gas (LPG) were on Thursday hiked by oil marketing companies. The price of domestic LPG cylinder has…

Relief to taxpayers regarding late fee for pending returns

The Fact News Service New Delhi, June 30 To provide relief with the taxpayers, especially the small taxpayers from his amount of fee accumulated on pending GSTR-3B returns, the government…

Sensex, Nifty start on flat note amid mixed global cues

The Fact News Service Mumbai, Jun 29 Equity benchmarks Sensex and Nifty opened on a flat note on Tuesday tracking a mixed trend in global markets and sustained foreign fund…

Petrol price spikes to Rs 104.90 in Mumbai, diesel at Rs 96.72

The Fact News Service New Delhi, June 29 Petrol and diesel prices on Tuesday touched a record high in Mumbai as it is retailing at Rs 104.90 per litre in…

First 5 lakh tourist visas to be free: Centre’s boost for Covid-hit Tourism Sector

New Delhi, June 28 The finance minister Nirmala Sitharaman has announced a ₹ 1.1 lakh crore loan guarantee scheme for the covid-affected sectors at a time when the economy has…

Delhi: Petrol reaches Rs 98.11, diesel Rs 88.65 per litre

The Fact News Service New Delhi, June 26 Petrol and diesel prices have witnessed a surge in the national capital and stood at Rs 98.11 per litre and Rs 88.65…

Sensex, Nifty open on positive note amid positive global cues

Mumbai, June 25 Equity benchmark Sensex and Nifty opened on a positive note on Friday amid a firm trend in global markets. The 30-share BSE index was trading 65.90 points…

Instagram may soon let users post from desktop, testing underway

Washington, June 25 Instagram is planning to roll out the ability to create posts using the web browser on a desktop computer and the test feature had gone live on…

Reliance to invest Rs 75,000 cr in new energy business

The Fact News Service Mumbai, June 24 Reliance Industries Ltd (RIL) plans to build four giga factories to manufacture and integrate all critical components of a new energy ecosystem, Chairman…

Ambani announces launch of JioPhone Next smartphone, partnership with Google

The Fact News Service Mumbai, June 24 Reliance Industries Ltd (RIL) Chairman and Managing Director Mukesh Ambani on Thursday announced the launch of JioPhone Next, a fully-featured smartphone being developed…

Petrol price at Rs 103.89 in Mumbai, hiked by 26 paise

The Fact News Service New Delhi , June 24 Petrol prices in Mumbai reached a new high of Rs 103.89 per litre on Thursday and have been increased by 26…

Banks get part of Vijay Mallya, Nirav Modi, Mehul Choksi’s seized assets

New Delhi, June 23 Assets worth ₹ 9,371 crore belonging to fugitive businessmen Vijay Mallya, Nirav Modi, Mehul Choksi have been transferred by the Enforcement Directorate to state-run banks that…

Nod to PNB Housing Finance for EGM

New Delhi, June 22 Setting aside SEBI’s direction, the Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to go ahead with the shareholders’ meeting on Tuesday to consider…

Indian working women more worried about job availability: LinkedIn

Mumbai, June 22 The second wave of Covid worsened ‘shecession’ as twice as many working women in India are worried about the availability of jobs, time for job-seeking compared to…

Sensex rallies over 350 points to hit record intra-day high; Nifty tops 15,850

Mumbai, June 22 Equity benchmark Sensex rallied over 350 points to scale a fresh intra-day record in early trade on Tuesday, tracking gains in index-heavyweights Reliance Industries, HDFC twins and…

Petrol-Diesel price hiked again

New Delhi, June 22 The common man is already carrying the weight of an ailing economy amid the lockdown, now the continuous increase in the prices of petrol-diesel prove to…

Gautam Adani not Asia’s 2nd richest any more

New Delhi, June 19 Suffering a rout in the stock markets this week, Adani Group Chairman Gautam Adani has lost the coveted tag of being Asia’s second-richest billionaire. Adani has…

Yahoo Mobile announces to shut down after 1 year of launch

New Delhi, June 19 Yahoo Mobile, a mobile phone service that uses Verizons network, is shutting down, the service announced on its official website. For the customers continuing to use…

Govt doubts tainted money led to rise in funds by Indians in Swiss bank

New Delhi, June 19 The government has requested for more information from the Swiss authorities and the possible reasons for media reports suggesting a huge rise of funds by Indians…

Sensex rises over 200 points in early trade; Nifty tests 15,750

New Delhi, June 18 Equity benchmark Sensex jumped over 200 points in early trade on Friday, tracking gains in index-heavyweights Infosys, HDFC twins and ICICI Bank amid a largely positive…

CII pitches for Rs3L cr fiscal stimulus to push growth

New Delhi, June 17 The Indian economy requires a Rs 3 lakh crore fiscal stimulus, including cash transfer to households through Jan Dhan accounts to spur economic growth amid the…

RBI gives nod to Centrum Financial Services for small finance bank

The Fact News Service Mumbai , June 18 The Reserve Bank of India (RBI) on Friday decided to grant in-principle approval to Centrum Financial Services Ltd to set up a…

Sensex drops 179 points; Nifty ends below 15,700

Mumbai, June 17 Equity benchmark Sensex tumbled 179 points on Thursday, weighed by losses in index heavyweights HDFC twins, ICICI Bank and Axis Bank amid a largely negative trend in…

Microsoft names India-born CEO Satya Nadella as company’s chairman

New Delhi, June 17 Microsoft’s India-born CEO Satya Nadella has been named the company’s Chairman, an additional role in which he will “lead the work to set the agenda for…

IT firms set to slash 3 million jobs by 2022

Mumbai, June 17 With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to…

GST concessional rate on COVID supplies valid till Sept 30: Finance Ministry

New Delhi, June 16 The concessional rate of goods and services tax (GST) applicable on the COVID-related essential items will be valid September 30, 2021, said the Ministry of Finance.…

Gold jewellery hallmarking is mandatory now

New Delhi, June 16 Hallmarking of gold jewellery is a must from today, in a move aimed at ensuring the purity of gold and standard rates for customers. The government…

Govt says only PAN, Aadhar needed for registering small businesses

New Delhi, June 16 The Government has said that only Permanent Account Number (PAN) and Aadhar card will be required for registration of micro, small and medium enterprises (MSMEs), a…

Covid second wave has hit domestic demand: RBI Report

New Delhi, June 16 The Reserve Bank of India (RBI) has observed that the Indian economy continues to wrestle with the second wave of Coronavirus pandemic even though cautious optimism…

Sensex, Nifty snap 4 day winning streak; Adani Group shares fall

New Delhi, June 16 The Indian equity benchmarks edged lower on Wednesday and snapped their four-day winning streak as investors booked profit at record highs ahead of US Federal Reserve’s…

Break on petrol and diesel prices

The Fact News Service New Delhi, March 3 Retail fuel prices have stabilized in the country for four consecutive days. On Wednesday, March 3, 2021, petrol and diesel prices remained…

Manufacturing sector is spearheading growth recovery: RBI Governor

New Delhi, February 25 RBI Governor ShaktiKanta Das on Thursday spoke on the manufacturing sector. “The manufacturing sector is spearheading the growth recovery as many contact intensive services sub-sectors are…

Fact News wishes Dhirubhai Ambani, one of India’s greatest industrialist a very Happy 88th Birthday

Fact News wishes Ratan Naval Tata, Tata’s owner a very Happy 83rd Birthday

India challenges arbitration ruling for Vodafone in Singapore

The Fact News Service December 24 India has challenged in Singapore an international arbitration court’s verdict against it over a $2 billion tax claim involving Vodafone Group Plc, according to…

Yes Bank shares on a higher edge for 3rd consecutive day, read to know why

The Fact News Service December 10 Private lender Yes Bank has been on a winning streak on the stock market, rising for the third straight session on Thursday. Shares of…

RBI records faster growth of economy than expected, ups GDP forecast by 2%

The Fact News Service December 4 The Reserve Bank of India’s Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it…

India’s next budget will focus on boosting growth says Nirmala Sitharaman

The Fact News Service December 4 India’s economy will return to growth in 2021/22 and higher spending in the budget due in February will lay the foundations for even stronger…

Power outage leads to HDFC Bank barring the addition of credit card customers

The Fact News Service December 3 The Reserve Bank of India (RBI) has barred HDFC Bank from adding new credit card customers or launching digital businesses after its digital payment services were…

Pizza Hut’s co-founder dead, social media mourns

The Fact News Service December 3 Pizza Hut’s co-founder, Frank Carney died on Wednesday. Frank started the Pizza Hut with his brother Dan Carney in Wichita, Kansas. Frank died of…

RBI gives a go ahead to merger plan , withdrawl cap no longer applicable to Laxmi Vilas Bank

The Fact News Service November 25 The government made a provision for depositors to withdraw more than ₹ 25,000 with permission from the RBI for medical treatment, higher education and marriage expenses.…

Anand Mahindra’s hilarious post on Twitter goes viral, Read more to know

The Fact News Service October 29 Tired of working from home due to the coronavirus crisis? Anand Mahindra’s new post on Twitter will cheer you up. On Tuesday, Anand Mahindra…

Land Rover Defender debuts at ₹73.98 lakh in India

The Fact News Service October 15 The all-new Land Rover Defender has gone on sale in India from Thursday and its bookings have already commenced. As per a report in HT, the…

Industry experts : Cycle sales increases two-folds during coronavirus lockdown in India

The Fact News Service October 15 Sales of cycles jumped by two-folds during the coronavirus-induced lockdown in India, according to industry experts. As per a report by news agency PTI,…

Sensex down over 150 Points amid volatile trade; Infosys gives up early gains

The Fact News Service October 15 Infosys shares will be in focus today, a day after the country’s second largest IT company raised its annual revenue growth forecast. Domestic stock…

IMF predicts -4.4% world economy growth rate

The Fact News Service October 14 As quoted in The Tribune ,the IMF on Tuesday predicted a deep global recession this year and the world growth to be -4.4%, asserting…

Film industry hopes to recover lost fortune

The Fact News Service October 14 Nearly 10,000 movie theaters around the country closed in mid-March following coronavirus restrictions; on Thursday cinemas will become one of the last few categories…

After 20 years, Hyundai motor heir takes over from father

The Fact News Service October 14 Hyundai Motor Group appointed Euisun Chung as group chairman on Wednesday, cementing his succession from his octogenarian father in a move likely to give…

China encounters upward movement in imports & exports as global economy reopens

The Fact News Service October 13 China’s imports  grew at their fastest pace this year in September, while exports extended their strong gains as more trading partners lifted coronavirus restrictions…

Share price of Infosys & HCL Tech gaining spree

The Fact News Service October 13 Infosys and HCL Technologies will announce their corporate results on October 14 and October 16, 2020, respectively. As quoted in various reports, Infosys stock…

Pharma cluster to be set up by 6 Indian companies in Mexico

The Fact News Service October 13 Dr Reddy’s Laboratories, ZydusCadila, Glenmark Pharmaceuticals NSE 1.00 %, Torrent Pharmaceuticals, Hetero Drugs and Ackerman Pharma ––  signed a dealwith Hidalgo state of Mexico…

The economy could be out of its present rut: Former Prime Minister Dr. Manmohan Singh suggests three steps

The Fact News Service, August 10 Former Prime Minister of India, Dr. Manmohan Singh has suggested three steps which India should immediately follow to stem the damage of coronavirus pandemic.…

NPS adds 1.03 lakh subscriptions from private sector in Q1 FY21

New Delhi [India], July 17 (ANI): The National Pension System (NPS) registered 30 per cent growth in subscription numbers in the first quarter of current fiscal year after 1.03 lakh individual subscribers from the private sector and 206…

5 Companies that own more brands than you think!

The Fact News (Manik Berry) Every day, we come in contact with hundreds of brands, providing thousands of alternatives for the products we use. However, we never think where all…