Thursday, June 30, 2022

Sensex Falls Over 300 Points Amid Weak Global Cues, Nifty Below 15,700

Indian equity benchmarks on Friday traded lower in opening deals, moving in tandem with the global markets.

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Sensex Falls Over 300 Points Amid Weak Global Cues, Nifty Below 15,700

Indian equity benchmarks on Friday traded lower in opening deals, moving in tandem with the global markets.

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Stocks To Watch: Reliance, Future Group, Airtel, Kotak Mahindra Bank

The domestic stock indices are likely to trade on a weak note today, taking cues from their global peers.

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Stocks To Watch: Reliance, Future Group, Airtel, Kotak Mahindra Bank

The domestic stock indices are likely to trade on a weak note today, taking cues from their global peers.

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Petrol, Diesel Rates Remain Steady Across Metros. See Rates

Petrol and diesel prices on Friday kept unchanged across metro cities for more than a month.

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Petrol, Diesel Rates Remain Steady Across Metros. See Rates

Petrol and diesel prices on Friday kept unchanged across metro cities for more than a month.

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Wednesday, June 29, 2022

Bank Holidays On These Days In July 2022

In July, banks will remain closed for almost half a month, including seven holidays on Sundays and Saturdays.

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Mukesh Ambani's Children At Centre Of Leadership Change At Reliance

Mukesh Ambani, one of the country's richest individuals, has initiated a long-anticipated leadership transition at the energy-to-retail conglomerate Reliance by handing over the chairmanship of its...

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Petrol, Diesel Prices Kept Unchanged Across Metros. See Rates

Petrol and diesel prices on Thursday remained steady across metro cities for more than a month.

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Emerging Markets Outlook Gloomy After Stormy Start To The Year

It's been a torrid first half for emerging market assets and with the Federal Reserve kicking off its tightening cycle amid soaring inflation shock waves might be on the horizon.

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Mukesh Ambani's Children At Centre Of Leadership Change At Reliance

Mukesh Ambani, one of the country's richest individuals, has initiated a long-anticipated leadership transition at the energy-to-retail conglomerate Reliance by handing over the chairmanship of its...

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Tuesday, June 28, 2022

Stocks To Watch: Reliance Industries, Tata Motors, SBI, Future Group

The domestic stock indices are likely to trade lower on Wednesday, taking cues from their global peers.

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Air India Express To Add 4 Boeing 737s To Meet Growing Demand: Report

Tata Group-owned international budget airline Air India Express may add four Boeing 737 planes to its fleet of 24 aircraft by this year-end to meet the increased demand for international travel,...

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Air India Express To Add 4 Boeing 737s To Meet Growing Demand: Report

Tata Group-owned international budget airline Air India Express may add four Boeing 737 planes to its fleet of 24 aircraft by this year-end to meet the increased demand for international travel,...

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Petrol, Diesel Prices Remain Steady Across Metros. See Rates

Petrol and diesel prices on Wednesday kept unchanged across metro cities for more than a month.

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Petrol, Diesel Prices Remain Steady Across Metros. See Rates

Petrol and diesel prices on Wednesday kept unchanged across metro cities for more than a month.

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Monday, June 27, 2022

Pallonji Mistry, Head Of Shapoorji Pallonji Group, Dies At 93

Shapoorji Pallonji Group's head Pallonji Mistry died at his residence here, company officials said on Tuesday.

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Rupee Plunges To A New Record Low Of 78.59 Per Dollar; More Pain Ahead

The rupee plunged to a new all-time intra-day low of 78.59 per dollar on Tuesday after closing at record lows in each of the previous four trading sessions

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Sensex Falls Over 200 Points Amid Weak Global Cues, Nifty Below 15,800

Indian equity benchmarks on Tuesday traded lower in opening deals, halting a three-day winning run amid weak cues from the global markets.

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Sensex Falls Over 200 Points Amid Weak Global Cues, Nifty Below 15,800

Indian equity benchmarks on Tuesday traded lower in opening deals, halting a three-day winning run amid weak cues from the global markets.

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Stocks To Watch: Bajaj Auto, Cipla, Bank Of Baroda, JSW Steel

The domestic stock indices are likely to trade lower on Tuesday, taking cues from their global peers.

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Stocks To Watch: Bajaj Auto, Cipla, Bank Of Baroda, JSW Steel

The domestic stock indices are likely to trade lower on Tuesday, taking cues from their global peers.

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Petrol, Diesel Prices Kept Unchanged Across Metros. See Rates

Petrol and diesel prices on Tuesday remained steady across metro cities for more than a month.

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Petrol, Diesel Prices Kept Unchanged Across Metros. See Rates

Petrol and diesel prices on Tuesday remained steady across metro cities for more than a month.

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Sunday, June 26, 2022

GST Rate Changes On Agenda; Status Quo On Over 215 Items Likely

GST Council Meet: Changes in GST rates on a handful of items likely and status quo in rates of over 215 items.

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Kerala Hikes Power Charges For The First Time In 3 Years

The Kerala State Electricity Regulatory Commission on Saturday announced a 6.6 per cent hike in power tariffs in the state.

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India Will Become $30 Trillion Economy "Very Soon": Minister Piyush Goyal

Union Minister Piyush Goyal said India would "very soon" become a $30 trillion economy from the current $3 trillion level.

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India Will Become $30 Trillion Economy "Very Soon": Minister Piyush Goyal

Union Minister Piyush Goyal said India would "very soon" become a $30 trillion economy from the current $3 trillion level.

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Saturday, June 25, 2022

"LIC 2.0" Flop Wipes Over $18 Billion Of IPO Wealth; More Pain Ahead?

LIC IPO losses of over $18 billion is a staggering wealth wipeout.

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"LIC 2.0" Flop Wipes Over $18 Billion Of IPO Wealth; More Pain Ahead?

LIC IPO losses of over $18 billion is a staggering wealth wipeout.

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How To Check Beneficiary List For Pradhan Mantri Gramin Awas Yojana

The Pradhan Mantri Awas Yojana-Gramin (PMAY-G) began in November 2016 with a target of completing 2.7 crore houses.

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How To Check Beneficiary List For Pradhan Mantri Gramin Awas Yojana

The Pradhan Mantri Awas Yojana-Gramin (PMAY-G) began in November 2016 with a target of completing 2.7 crore houses.

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Friday, June 24, 2022

How Salary, Taxes And Other Rules May Change After June 30: 10 Points

Here is a list of new rules, proposals and deadlines on the changes coming to your take-home salary and working hours, taxes and cards.

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How Salary, Taxes And Other Rules May Change After June 30: 10 Points

Here is a list of new rules, proposals and deadlines on the changes coming to your take-home salary and working hours, taxes and cards.

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Global Stocks' Gains Sharp For The Week On Tempered Inflation Outlook

A recent decline in commodity prices allayed concerns about inflation and the prospect of rate hikes, causing stocks on international markets to surge on Friday and post significant gains for the...

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Global Stocks' Gains Sharp For The Week On Tempered Inflation Outlook

A recent decline in commodity prices allayed concerns about inflation and the prospect of rate hikes, causing stocks on international markets to surge on Friday and post significant gains for the...

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Thursday, June 23, 2022

Sensex Jumps Over 600 Points Amid Positive Global Cues, Nifty Tops 15,700

Indian equity benchmarks on Friday started in the green, extending their gains for the second straight session amid positive cues from the global markets.

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Petrol, Diesel Prices Kept Unchanged For Over A Month. See Rates

Petrol and diesel prices on Friday remained steady across metro cities for more than a month.

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Stocks To Watch: Hero MotoCorp, ONGC, Tata Motors, Dish TV

The domestic stock indices are likely to trade higher on Friday, taking cues from their Asian peers.

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Petrol, Diesel Prices Kept Unchanged For Over A Month. See Rates

Petrol and diesel prices on Friday remained steady across metro cities for more than a month.

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Air India Offers To Re-Hire Pilots As Commanders Post Retirement

Tata Group-owned Air India has offered to re-hire pilots post their retirement for a five-year period as the airline looks for stability in operations amid talk of acquiring 300 single-aisle planes,...

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Air India Offers To Re-Hire Pilots As Commanders Post Retirement

Tata Group-owned Air India has offered to re-hire pilots post their retirement for a five-year period as the airline looks for stability in operations amid talk of acquiring 300 single-aisle planes,...

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Postpone Decision On Crypto GST, Suggests Officers' Committee

The officers' committee on GST has suggested the GST Council defer a decision on the cryptocurrency and other virtual digital assets tax

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Postpone Decision On Crypto GST, Suggests Officers' Committee

The officers' committee on GST has suggested the GST Council defer a decision on the cryptocurrency and other virtual digital assets tax

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Wednesday, June 22, 2022

How To File Income Tax Returns? Read Here As Deadline Approaching

Income tax is levied on the basis of a slab system. This means, different tax rates are prescribed for different ranges of income

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Sensex Rises Over 200 Points In Volatile Trade, Nifty Trades Above 15,450

Indian equity benchmarks on Thursday traded higher in opening deals amid mixed cues from the global markets.

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Petrol, Diesel Prices Remain Steady Across Metros. See Rates

Petrol and diesel prices on Thursday remained unchanged across metro cities for over a month.

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Stocks To Watch: Vodafone Idea, TCS, Bajaj Auto, GAIL

The domestic stock indices are likely to trade cautiously on Thursday, taking cues from their Asian peers.

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How To File Income Tax Returns? Read Here As Deadline Approaching

Income tax is levied on the basis of a slab system. This means, different tax rates are prescribed for different ranges of income

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Petrol, Diesel Prices Remain Steady Across Metros. See Rates

Petrol and diesel prices on Thursday remained unchanged across metro cities for over a month.

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Tuesday, June 21, 2022

Sensex Falls Over 350 Points Tracking Asian Markets, Nifty Below 15,500

Indian equity benchmarks on Wednesday failed to maintain the upward trend in opening deals, tracking weakness in Asian stocks.

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Ration Card Rule Change; Use At Any Government Shop Now. Read

The government's 'One Nation, One Ration Card' (ONORC) programme has been successfully implemented across the country, with Assam being the last state to operationalise the service.

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Meta, Microsoft, Others Form Metaverse Standards Body; Apple Not Included

Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards that would make the companies' nascent digital...

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Sensex Falls Over 350 Points Tracking Asian Markets, Nifty Below 15,500

Indian equity benchmarks on Wednesday failed to maintain the upward trend in opening deals, tracking weakness in Asian stocks.

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Stocks To Watch: Adani Enterprises, ONGC, HDFC Bank, Hero MotoCorp

The domestic stock indices are likely to trade lower on Wednesday, taking cues from their Asian peers.

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Stocks To Watch: Adani Enterprises, ONGC, HDFC Bank, Hero MotoCorp

The domestic stock indices are likely to trade lower on Wednesday, taking cues from their Asian peers.

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Petrol, Diesel Rates Prices Kept Unchanged Across Metros. See Rates

Petrol and diesel prices on Wednesday remained steady across metro citiesfor over a month.

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Petrol, Diesel Rates Prices Kept Unchanged Across Metros. See Rates

Petrol and diesel prices on Wednesday remained steady across metro citiesfor over a month.

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Monday, June 20, 2022

Sensex, Nifty Extend Gains On Global Momentum; Wild Swings Likely

Indian equity benchmarks on Tuesday opened higher amid positive cues from the global markets.

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Stocks To Watch: LIC Housing Finance, Bharat Forge, Vedanta, Reliance

The domestic stock indices are likely to trade higher on Tuesday, taking cues from their Asian peers.

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"Best Years Are Yet To Come," Says Air India CEO-Designate

Asserting that Air India's "best years are yet to come", CEO-designate Campbell Wilson on Monday said the journey to make it a world class airline will require efforts that are "big and small, easy...

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Stocks To Watch: LIC Housing Finance, Bharat Forge, Vedanta, Reliance

The domestic stock indices are likely to trade higher on Tuesday, taking cues from their Asian peers.

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Petrol, Diesel Prices Remain Steady Across Metros. See Rates

Petrol and diesel prices on Tuesday remained unchanged across metro cities for a month.

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"Best Years Are Yet To Come," Says Air India CEO-Designate

Asserting that Air India's "best years are yet to come", CEO-designate Campbell Wilson on Monday said the journey to make it a world class airline will require efforts that are "big and small, easy...

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Petrol, Diesel Prices Remain Steady Across Metros. See Rates

Petrol and diesel prices on Tuesday remained unchanged across metro cities for a month.

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Sunday, June 19, 2022

Not Easy For An Airline To Turn Profitable In India, Says IATA Official

It is not easy for an airline to turn a profit in India and a lot of issues such as fare caps and high taxes on aviation turbine fuel (ATF) have to be resolved, a senior IATA official said on Sunday.

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Not Easy For An Airline To Turn Profitable In India, Says IATA Official

It is not easy for an airline to turn a profit in India and a lot of issues such as fare caps and high taxes on aviation turbine fuel (ATF) have to be resolved, a senior IATA official said on Sunday.

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Stocks To Watch: Nazara Tech, Wipro, Aurobindo Pharma, Cipla

The domestic stock indices are likely to trade lower on Monday, taking cues from the global markets.

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Stocks To Watch: Nazara Tech, Wipro, Aurobindo Pharma, Cipla

The domestic stock indices are likely to trade lower on Monday, taking cues from the global markets.

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Air India Plans To Add Over 200 New Planes; 70% To Be Narrow-Bodied Jets

Tata Group-owned Air India is considering buying more than 200 new planes with 70 per cent of them being narrow-bodied aircraft, aviation industry sources said on Sunday.

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Air India Plans To Add Over 200 New Planes; 70% To Be Narrow-Bodied Jets

Tata Group-owned Air India is considering buying more than 200 new planes with 70 per cent of them being narrow-bodied aircraft, aviation industry sources said on Sunday.

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Selling Diesel At Rs 20-25 Per Litre loss, Petrol At Rs 14-18: Retailers

Selling diesel at Rs 20-25 a litre below cost and petrol at Rs 14-18 per litre below cost, as a result of a price freeze despite soaring crude rates is unsustainable, an industry body representing...

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Selling Diesel At Rs 20-25 Per Litre loss, Petrol At Rs 14-18: Retailers

Selling diesel at Rs 20-25 a litre below cost and petrol at Rs 14-18 per litre below cost, as a result of a price freeze despite soaring crude rates is unsustainable, an industry body representing...

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Saturday, June 18, 2022

After Losses Worth More Than Reliance's Valuation, Indian Stocks Will...

After plunging to over a year low, marking the worst week since the pandemic hit in May 2020, the bearish trend in Indian equities is far from over, and that slide will likely continue in the week...

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After Losses Worth More Than Reliance's Valuation, Indian Stocks Will...

After plunging to over a year low, marking the worst week since the pandemic hit in May 2020, the bearish trend in Indian equities is far from over, and that slide will likely continue in the week...

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Savings Account Minimum Balance For SBI Vs HDFC Bank Vs ICICI Bank: Read

The penalty depends on factors like the location of the branch and the amount maintained in the account.

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Savings Account Minimum Balance For SBI Vs HDFC Bank Vs ICICI Bank: Read

The penalty depends on factors like the location of the branch and the amount maintained in the account.

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El Salvador's Bitcoin Journey Hits Rough Patch From The Crypto Meltdown

El Salvador's unprecedented adoption of bitcoin seems to have hit a rough patch lately.

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El Salvador's Bitcoin Journey Hits Rough Patch From The Crypto Meltdown

El Salvador's unprecedented adoption of bitcoin seems to have hit a rough patch lately.

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Friday, June 17, 2022

Forex Reserves Fall Below $600 Billion; Rupee Lows Show Further Erosion

India's foreign exchange reserves fell by about $4.6 billion in the latest reported week to below the $600 billion mark.

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Forex Reserves Fall Below $600 Billion; Rupee Lows Show Further Erosion

India's foreign exchange reserves fell by about $4.6 billion in the latest reported week to below the $600 billion mark.

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Recession Worries, Dollar Gains Sink Oil By 6% To 4-Week Lows

Oil prices tumbled about 6 per cent to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and cut demand for energy.

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Recession Worries, Dollar Gains Sink Oil By 6% To 4-Week Lows

Oil prices tumbled about 6 per cent to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and cut demand for energy.

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Thursday, June 16, 2022

Rupee Gains Against US dollar, Contrary To Broad Global Market Moves

The rupee strengthened by 6 paise to 78.04 against the US dollar in opening trade on Friday as easing crude oil prices supported the local unit.

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Sensex Flashes Red, A Day After Crashing To Over A Year Low

Indian benchmark stock indices open lower on Friday, a day after plunging to the lowest in over a year.

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Gold Prices Fall On Higher Dollar, Set For Biggest Weekly Drop In A Month

Gold fell on Friday, as a higher dollar and rising US Treasury yields weighed on demand for greenback-priced bullion, and put prices on track for their biggest weekly drop since mid-May.

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Oil Edges Lower To Below $120 A Barrel, Demand Concerns Outweigh Supply

Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets.

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Oil Edges Lower To Below $120 A Barrel, Demand Concerns Outweigh Supply

Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets.

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Indians' Money In Swiss Banks Rises To 14-Year High; 50% Jump

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs...

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Indians' Money In Swiss Banks Rises To 14-Year High; 50% Jump

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs...

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Wednesday, June 15, 2022

Rupee Surges Sharply From All-Time Low As Dollar Falls Off 2-Decade Highs

The rupee rebounded sharply as the dollar was off its two-decade highs even as the US Federal Reserve delivered its biggest rate hike since 1994.

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Nifty, Sensex Rebound Sharply To Snap A 4-Day Losing Streak; Risks Remain

Stock Market India

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Oil Prices Resurge To $120 A Barrel On Tight Supplies; After Steep Drop

Oil prices recovered on Thursday from a steep drop in the previous session, supported by tight oil supply and peak summer consumption.

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Oil Prices Resurge To $120 A Barrel On Tight Supplies; After Steep Drop

Oil prices recovered on Thursday from a steep drop in the previous session, supported by tight oil supply and peak summer consumption.

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Wall Street's Recession Looming Call Gets Louder After Steep Fed Hike

Analysts increasingly see a recession looming in the US following the Federal Reserves biggest increase in interest rates since 1994 and signs of weaker consumer spending.

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Wall Street's Recession Looming Call Gets Louder After Steep Fed Hike

Analysts increasingly see a recession looming in the US following the Federal Reserves biggest increase in interest rates since 1994 and signs of weaker consumer spending.

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Tuesday, June 14, 2022

Sensex, Nifty Subdued After Three Straight Days Of Sell-Off; Fed In Focus

Domestic equity benchmarks were subdued on Wednesday as investors remain on edge ahead of the US Federal Reserve rate-setting meeting, with many fearing drastic action would risk tipping the world...

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Rupee Gains A Touch To Below 78 Per Dollar; Clear Downside Risks Remain

The rupee gained a touch early on Wednesday to below 78 per dollar, but the risks remain to the downside driven expected gains in the greenback on large Fed rate hike bets.

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Sensex, Nifty Subdued After Three Straight Days Of Sell-Off; Fed In Focus

Domestic equity benchmarks were subdued on Wednesday as investors remain on edge ahead of the US Federal Reserve rate-setting meeting, with many fearing drastic action would risk tipping the world...

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Gold Rises From 1-Month Lows Ahead Of A Big Fed Rate Hike Move

Gold prices on Wednesday were lifted from near one-month lows by weaker Treasury yields, ahead of a potentially aggressive interest rate hike from the U.S. Federal Reserve as it seeks to combat...

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Gold Rises From 1-Month Lows Ahead Of A Big Fed Rate Hike Move

Gold prices on Wednesday were lifted from near one-month lows by weaker Treasury yields, ahead of a potentially aggressive interest rate hike from the U.S. Federal Reserve as it seeks to combat...

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Oil Prices Slip As US Fed Rate Hike Looms

Oil prices dropped on Wednesday on worries over fuel demand ahead of a US Federal Reserve meeting which is expected to see the central bank to hike rates by at least 75 basis points to combat...

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Oil Prices Slip As US Fed Rate Hike Looms

Oil prices dropped on Wednesday on worries over fuel demand ahead of a US Federal Reserve meeting which is expected to see the central bank to hike rates by at least 75 basis points to combat...

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Monday, June 13, 2022

Rupee Starts Weak, After Breaching 78 Per Dollar For First Time Ever

The rupee opened weaker on Tuesday, a day after breaching 78 against the dollar for the first time ever and hitting a life low of 78.29 in the previous session as the greenback stood by a new 20-year...

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Google, Facebook, Twitter To Tackle Deepfakes Or Risk Fines: Report

Alphabet Inc unit Google, Facebook Inc, Twitter Inc and other tech companies will have to take measures to counter deepfakes and fake accounts on their platforms or risk hefty fines.

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Rupee Starts Weak, After Breaching 78 Per Dollar For First Time Ever

The rupee opened weaker on Tuesday, a day after breaching 78 against the dollar for the first time ever and hitting a life low of 78.29 in the previous session as the greenback stood by a new 20-year...

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Another Rough Start For Sensex, Nifty As Wall Street Hits Bear Trend

Indian equity benchmarks had another rough start on Tuesday after plunging the previous two sessions after Wall Street stocks officially entered the bear market territory on fears that aggressive rate...

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Another Rough Start For Sensex, Nifty As Wall Street Hits Bear Trend

Indian equity benchmarks had another rough start on Tuesday after plunging the previous two sessions after Wall Street stocks officially entered the bear market territory on fears that aggressive rate...

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Rupee Breaches 78 A Dollar For The First Time As Dollar Reigns Supreme

The rupee hit a new record low early on Monday and breached the 78 against the dollar for the first time ever, after closing at its weakest level of77.93 in the previous session.

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Sunday, June 12, 2022

Bitcoin Tumbles To An 18-Month Low As Red-Hot US Inflation Impact Spreads

Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Fridays shock US inflation data continued to reverberate through global risk assets.

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Sensex And Nifty Plunge To Start Weak; Inflation And Fed In Focus

Indian equity benchmarks started on Monday on a weak note after plunging last week as red-hot US inflation reignited worries about even more aggressive Federal Reserve policy tightening

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SBI To 467 Million Indians Says Loan Demand Is Bouncing Back

Consumer cutbacks due to raging inflation and higher borrowing costs are failing to dent investment plans at Indian businesses tapping the country's biggest lender, a sign that a recovery in Asias...

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Rupee Breaches 78 A Dollar For The First Time As Dollar Reigns Supreme

The rupee hit a new record low early on Monday and breached the 78 against the dollar for the first time ever, after closing at its weakest level of77.93 in the previous session.

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Sensex And Nifty Plunge To Start Weak; Inflation And Fed In Focus

Indian equity benchmarks started on Monday on a weak note after plunging last week as red-hot US inflation reignited worries about even more aggressive Federal Reserve policy tightening

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For IPL Cricket Rights, Media Giants In Pitch Battle; $6 billion Likely

Disney, Sony and India's Reliance will vie on Sunday for media rights to Indian Premier League (IPL), the world's richest cricket league, expected to fetch up to $6 billion.

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For IPL Cricket Rights, Media Giants In Pitch Battle; $6 billion Likely

Disney, Sony and India's Reliance will vie on Sunday for media rights to Indian Premier League (IPL), the world's richest cricket league, expected to fetch up to $6 billion.

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Government Loses $111 Million Gas Field Appeal Against Reliance, Shell

The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute in the western offshore...

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Government Loses $111 Million Gas Field Appeal Against Reliance, Shell

The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute in the western offshore...

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Saturday, June 11, 2022

Fuel Tax Cut Likely Eased Inflation In May, But Price Pressures Elevated

Surging retail inflation likely eased in May on lower fuel costs, but price pressures remain elevated, and the rate was expected to have held above the Reserve Bank of India's upper tolerance level of...

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Fuel Tax Cut Likely Eased Inflation In May, But Price Pressures Elevated

Surging retail inflation likely eased in May on lower fuel costs, but price pressures remain elevated, and the rate was expected to have held above the Reserve Bank of India's upper tolerance level of...

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Friday, June 10, 2022

Crypto Regulations Need To Keep Pace With Market Growth: Bank Of Canada

The number of Canadians who own cryptoassets is growing rapidly and efforts to regulate the sector need to start keeping pace, a senior Bank of Canada official said, noting many people may not...

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Tesla Seeks Investor Approval For 3-For-1 Stock Split

Electric vehicle maker Tesla Inc on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker.

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Apple Allows More Payment Options On Its App Store For Developers

Apple Inc on Friday laid out how developers of dating apps offered in the Netherlands can skip Apple's in-app payment systems, a closely watched step by the iPhone maker in the face of global...

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India's Economy Recovered Strongly Despite 3 COVID Waves: US Treasury

The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress.

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Ethereum's 'Difficulty Bomb' Delay Is Bad News For Revamp

Ethereum's big transition to a more energy efficient system that developers have been promising for years could be kicked down the road yet again as they plan to delay a so-called difficulty bomb...

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Crypto Regulations Need To Keep Pace With Market Growth: Bank Of Canada

The number of Canadians who own cryptoassets is growing rapidly and efforts to regulate the sector need to start keeping pace, a senior Bank of Canada official said, noting many people may not...

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Tesla Seeks Investor Approval For 3-For-1 Stock Split

Electric vehicle maker Tesla Inc on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker.

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India's Economy Recovered Strongly Despite 3 COVID Waves: US Treasury

The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress.

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Thursday, June 9, 2022

Meta Platforms Unfriends FB Ticker In Final Farewell To Facebook Era

After a decade of trading as Facebook, the social media giant is shedding the last vestige of its old corporate avatar as it begins trading under the ticker symbol 'META' on Thursday.

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Retail Inflation Likely Fell In May But Above RBI's Target Band: Report

India's retail inflation likely slipped modestly in May, but stayed well above the Reserve Bank of India's upper tolerance limit for a fifth consecutive month, as lower fuel prices offset surging food...

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HDFC, Indian Overseas Bank Hike Lending Rates

The country's largest mortgage lender HDFC Ltd on Thursday announced a hike in its retail prime lending rate, while state-owned Indian Overseas Bank raised the repo-based lending rates.

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Meta Platforms Unfriends FB Ticker In Final Farewell To Facebook Era

After a decade of trading as Facebook, the social media giant is shedding the last vestige of its old corporate avatar as it begins trading under the ticker symbol 'META' on Thursday.

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HDFC, Indian Overseas Bank Hike Lending Rates

The country's largest mortgage lender HDFC Ltd on Thursday announced a hike in its retail prime lending rate, while state-owned Indian Overseas Bank raised the repo-based lending rates.

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Wednesday, June 8, 2022

Centre Hikes Minimum Support Price For Kharif Crops By 4-9%

The Centre on Wednesday hiked the minimum support price for kharif crops by 4-9 per cent for the 2022-23 crop year, with paddy MSP being raised by Rs 100 to Rs 2,040 per quintal, a move aimed at...

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Sensex Falls Over 350 Points On Weak Global Cues, Nifty Trades Below 16,250

Indian equity benchmarks on Thursday traded lower in opening deals amid weak global cues.

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Sensex Falls Over 350 Points On Weak Global Cues, Nifty Trades Below 16,250

Indian equity benchmarks on Thursday traded lower in opening deals amid weak global cues.

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Oil Hovers Near 13-Week High, Trades Above $123 A Barrel

Oil prices held near 13-week highs on Thursday, underpinned by robust demand in the world's top consumer United States while demand is expected to rebound in China as COVID-19 curbs across major...

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Oil Hovers Near 13-Week High, Trades Above $123 A Barrel

Oil prices held near 13-week highs on Thursday, underpinned by robust demand in the world's top consumer United States while demand is expected to rebound in China as COVID-19 curbs across major...

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Vedanta Pledges 5.77% Stake In Hindustan Zinc For Rs 8,000 Crore Term Loan

Vedanta Ltd on Wednesday said it has pledged 5.77 per cent stake in Hindustan Zinc Ltd for a term loan of Rs 8,000 crore.

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Vedanta Pledges 5.77% Stake In Hindustan Zinc For Rs 8,000 Crore Term Loan

Vedanta Ltd on Wednesday said it has pledged 5.77 per cent stake in Hindustan Zinc Ltd for a term loan of Rs 8,000 crore.

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Tuesday, June 7, 2022

RBI Hikes Key Lending Rate, Loans Set To Get Costlier

The Reserve Bank of India raised its key repo rate by 50 basis points on Wednesday, taking the rate to 4.9 per cent.

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Financial Firm ADDX, Becomes First Singapore Entity To Recognise Crypto

Singapore-based private securities platform ADDX has become first financial firm there to recognise cryptocurrency in their assessment of assets

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Sensex, Nifty Slip Into Red; RBI Policy Outcome In Focus

Indian equity benchmarks on Wednesday slipped into the red after opening higher ahead of Reserve Bank of India's (RBI's) monetary policy outcome.

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RBI Rate Hike Today Is A "No Brainer," But By How Much?

While a RBI rate hike is certain, as Governor Shaktikanta Das had indicated last month, the questions remain on by how much and inflation projections?

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EMIs To Get Costlier As A RBI Rate Hike Is Certain Today; What To Expect?

RBI Policy Meeting Outcome Today; What To Expect?

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RBI Likely To Hike Policy Interest Rates Today: Live Updates

Reserve Bank of India (RBI) is likely to concentrate interest rate hikes over the coming months in a relatively short tightening cycle.

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First Batch Of NPAs To Be Shifted To Bad Bank In July: Finance Ministry

Finance Ministry on Monday said that the Rs 6,000-crore National Asset Reconstruction Company is expected to take over the first set of NPAs in July

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Cryptocurrency Market Showing Signs Of Recovery Post Freefall

Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds

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Cryptocurrency Market Showing Signs Of Recovery Post Freefall

Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds

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Monday, June 6, 2022

Global Inflation May Have Peaked, Three Key Indicators Show

Three of the key supply-side factors driving todays global inflation levels have already turned around, meaning relief could be on the horizon for shoppers worldwide.

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Global Inflation May Have Peaked, Three Key Indicators Show

Three of the key supply-side factors driving todays global inflation levels have already turned around, meaning relief could be on the horizon for shoppers worldwide.

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Sensex Falls Over 500 Points, Nifty Trades Below 16,450

Indian equity benchmarks on Tuesday traded lower in opening deals, dragged by information technology and consumer durables stocks.

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Sensex Falls Over 500 Points, Nifty Trades Below 16,450

Indian equity benchmarks on Tuesday traded lower in opening deals, dragged by information technology and consumer durables stocks.

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Sunday, June 5, 2022

Sensex Falls Over 150 Points, Nifty Below 16,550; IT, Metals Stocks Drag

Indian equity benchmarks on Monday fell in opening deals, dragged by information technology and metal stocks.

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Rupee May Fall Further As Oil Costs Widen Deficits

The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.

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Sensex Falls Over 150 Points, Nifty Below 16,550; IT, Metals Stocks Drag

Indian equity benchmarks on Monday fell in opening deals, dragged by information technology and metal stocks.

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Rupee May Fall Further As Oil Costs Widen Deficits

The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.

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ONGC's nominee director appointment on HPCL board stuck in paperwork

Oil and Natural Gas Corporation: It spent Rs 36,915 crore to acquire a majority equity stake in the company. But to get its sole nominee director appointed on the board of HPCL, ONGC has to toil...

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Tata Starbucks' Revenue Rises 76%; Net Loss Reduced Significantly

Coffee chain operator Tata Starbucks Ltd has reported a 76 per cent growth in revenue to Rs 636 crore for 2021-22 and "significantly" reduced its net loss, driven by normalisation of operations...

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Reliance Leads, As 4 Of Top-10 Firms Add Rs 2.31 Lakh Crore To Valuation

Four of the 10 most valued domestic firms added a whopping Rs 2,31,320.37 crore in market valuation last week, with market heavyweight Reliance Industries contributing the most to the overall gains.

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ONGC's nominee director appointment on HPCL board stuck in paperwork

Oil and Natural Gas Corporation: It spent Rs 36,915 crore to acquire a majority equity stake in the company. But to get its sole nominee director appointed on the board of HPCL, ONGC has to toil...

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Reliance Leads, As 4 Of Top-10 Firms Add Rs 2.31 Lakh Crore To Valuation

Four of the 10 most valued domestic firms added a whopping Rs 2,31,320.37 crore in market valuation last week, with market heavyweight Reliance Industries contributing the most to the overall gains.

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Saturday, June 4, 2022

Over $1 Billion Loss In Crypto Scams Since 2021: Federal Trade Commission

More than 46,000 people reported losing over $1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday.

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From Tesla To Peloton, List Of Companies Dialing Back On Hiring: Report

A list of some other companies that have announced layoffs or frozen hiring to rein in costs and their comments after Elon Musk spooked investors.

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Friday, June 3, 2022

Adani Group To Buy Essar Power's Transmission Line For Rs 1,913 Crore

Adani Transmission Ltd (ATL), India's largest private-sector transmission and distribution company, said on Friday it has signed definitive agreements with Essar Power to buy its Mahan-Sipat...

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Is A Crypto Storm Coming? Focus On Digital Money Intensifies: Report

Digital money, a curiosity just a few years ago, is emerging as an intense concern among central banks with the potential to erode the power of monetary policy, and even in the best of worlds likely...

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Cryptos Regulation Needed Not Just For Rich, But Everyone: US Policymaker

Better regulation of the fast-growing world of crypto assets is needed not to keep rich people from losing money but for the sake of everyone else, Federal Reserve Governor Christopher Waller said on...

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Over $1 Billion Loss In Crypto Scams Since 2021: Federal Trade Commission

More than 46,000 people reported losing over $1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday.

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Adani Group To Buy Essar Power's Transmission Line For Rs 1,913 Crore

Adani Transmission Ltd (ATL), India's largest private-sector transmission and distribution company, said on Friday it has signed definitive agreements with Essar Power to buy its Mahan-Sipat...

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Thursday, June 2, 2022

Sensex Surges Over 500 Points, Nifty Trades Above 16,750; IT Stocks Climb

Indian equity benchmarks on Friday surged in opening deals amid positive cues from the global markets.

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Coinbase To Extend Hiring Freeze, Rescind Accepted Employment Offers

Coinbase Global Inc will extend its hiring freeze for the foreseeable future and rescind a number of accepted offers in order to deal with current macroeconomic conditions, the company said in a blog...

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Coinbase To Extend Hiring Freeze, Rescind Accepted Employment Offers

Coinbase Global Inc will extend its hiring freeze for the foreseeable future and rescind a number of accepted offers in order to deal with current macroeconomic conditions, the company said in a blog...

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Central Bank Digital Currencies Can Kill Case For Cryptos: RBI Deputy Guv

Ahead of the government coming out with a consultation paper on cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Thursday said the soon-to-be-introduced central bank digital currencies...

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Central Bank Digital Currencies Can Kill Case For Cryptos: RBI Deputy Guv

Ahead of the government coming out with a consultation paper on cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Thursday said the soon-to-be-introduced central bank digital currencies...

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Wednesday, June 1, 2022

Rupee Falls 12 Paise To 77.62 Against US Dollar

The rupee slipped 12 paise to 77.62 against the US dollar in early trade on Thursday, tracking the strength of the American currency in the overseas market.

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Sensex Falls Over 200 Points, Nifty Trades Below 16,450

Indian equity benchmarks on Thursday traded lower in opening deals amid weak cues from the global markets.

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Sensex Falls Over 200 Points, Nifty Trades Below 16,450

Indian equity benchmarks on Thursday traded lower in opening deals amid weak cues from the global markets.

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Duplicate Shares: SEBI Penalises Eicher Motors For Flouting Norms

Capital markets regulator SEBI imposed a penalty of Rs 10 lakh on Eicher Motors on Wednesday for failing to exercise due diligence in a case pertaining to issuance of duplicate shares or new...

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Duplicate Shares: SEBI Penalises Eicher Motors For Flouting Norms

Capital markets regulator SEBI imposed a penalty of Rs 10 lakh on Eicher Motors on Wednesday for failing to exercise due diligence in a case pertaining to issuance of duplicate shares or new...

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