FPIs pull out investments amid rising bond yields

The rising bond yields have nearly brought a halt to the bull run both in the global and the domestic equity markets. Read more »
2:49 pm

Himachal CM presents Rs 50,192 cr populist Budget

In the Budget, the CM proposed to set up a bulk drug park in Una district, an electronics and power equipment manufacturing hub in... Read more »
6:53 pm

SBI,Canara Bank and United India to reimburse Covid vaccine cost

While the two banks - State Bank of India (SBI) and Canara Bank - will reimburse the cost of vaccination - Rs 250 per... Read more »
6:33 pm

Julius Baer upgrades India, fastest growing major economy

"An economic recovery is underway, and we look for 9% y/y GDP growth this year, followed by 7% next year. We look for earnings... Read more »
4:05 pm

Is Govt planning Rs 8 per litre cut in duty on petrol and diesel?

In the month of February itself, the pump prices of the two auto fuels have increased 14 times taking up petrol prices by Rs... Read more »
12:37 pm

OYO Hotels & Homes valuation reaches $9 billion

In a regulatory filing with the Ministry of Corporate Affairs, OYO said that it has raised Rs 54 crore ($7.31 million) at a share... Read more »
1:09 pm

Govt plans to create world-class storage system

A sure and silent change is sweeping the country which is going to help the farmers in a big way and these changes will... Read more »
1:07 pm

OPEC+ allows Russia, Kazakhstan to raise output in April

According to a press release following the 14th "OPEC+" ministerial meeting via video link on Thursday, Russia can increase its output by 130,000 barrels... Read more »
1:03 pm

Oil prices surge as OPEC+ extends most output cuts

The West Texas Intermediate for April delivery added $2.55 to settle at $63.83 a barrel on the New York Mercantile Exchange. Brent crude for... Read more »
12:24 pm

Wipro to buy UK firm Capco for $1.45 billion

"The acquisition will make us one of the largest consulting, technology and service providers to the banking and financial services industry," said the city-based... Read more »
12:20 pm

Razorpay announces ESOP buyback of Rs 73 crore for 750 workers

According to the company, all the existing and former employees of Razorpay who hold vested stocks will be eligible to sell up to 33... Read more »
1:10 pm

Govt offloading of PSU means loss of public money: Sonia

"The Modi government is using the economy's collapse since the pandemic to rush headlong into its mission of handing over large portions of... Read more »
1:08 pm

FMCG distributors to Bezos “You played ‘Narad’ to block Reliance-Future deal”

Around 6,000 members have dues of Rs 6,000 crore from Kishore Biyani's Future Group pending since March last year. The Reliance-Future deal in August... Read more »
1:06 pm

Unemployment rate dips in UP

Last year, in the wake of the corona-induced lockdown, the unemployment rate in the state had sky-rocketed to 21 per cent. Read more »
12:58 pm

50% Nifty stocks trade at premium to historical averages

The companies trading at a significant premium to their historical averages include HCL Technologies (higher by 63 per cent), Reliance Industries (51 per cent),... Read more »
12:45 pm

ED probes Franklin Templeton, its officials for money laundering

Notably, the EOW of the Chennai Police had registered an FIR against the beleaguered Franklin Templeton Asset Management India Pvt Ltd and Franklin Templeton... Read more »
12:03 pm

India Inc asks Hry to reassess reservation in private sector

The Confederation of Indian Industry (CII) has said that reservation affects productivity and industry competitiveness, and that the Haryana government could have avoided imposing... Read more »
11:51 am

Warehousing demand expected to grow 160% in 2021

Yogesh Shevade, Head Industrial Services, JLL, India said: "In Q4, the market started gaining momentum with highest supply and absorption in 2020 post the... Read more »
1:07 pm

Petrol, diesel rate unchanged for 4th consecutive day

After a spike in global oil prices seen over last two weeks with crude price jumping close to $67 a barrel, prices have now... Read more »
1:05 pm

Govt to procure over 427L ton wheat in 2021-22

Government agencies will procure 22 lakh ton of wheat in Rajasthan, 2.20 lakh ton in Uttrakhand, 1.50 lakh ton in Gujarat, one lakh ton... Read more »
1:03 pm