Sunday, May 29, 2022
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Banks Need To Support Growth, Remain Watchful Of Slippages: RBI Report

Banks Need To Support Growth, Remain Watchful Of Slippages: RBI Report

Banks had extended moratorium on repayment of loans and restructured advances to businesses to help them combat the impact of the COVID-19 pandemic and subsequent lockdowns.

27 May 2022
Forex Reserves Rise $4.23 Billion To $597.51 Billion: RBI

Forex Reserves Rise $4.23 Billion To $597.51 Billion: RBI

The country's foreign exchange reserves had declined by $2.676 billion to $593.279 billion in the previous reporting week ended May 13.

27 May 2022

31% Indians Lost Money To Cyber Attacks, 70% Faced Tech Support Scams: Microsoft Study

India is the most affected country in the entire world when it comes to cyber scams, with almost 31 per cent of the victims losing money. Read here to know...

No Wheat Shortage In India, Ban Imposed To Check 'Rampant' Export: Tomar

No Wheat Shortage In India, Ban Imposed To Check 'Rampant' Export: Tomar

Tomar said it was the government's duty to maintain a balance in the market.

27 May 2022

IRDAI Issues New Guidelines On Standardisation Of Critical Illness In Health Insurance Policies

The modified definitions are for cancers of specified severity, multiple sclerosis with persisting symptoms, and for loss of speech

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27 May 2022
I Have A Job To Do And Have To Do Something: N Srinivasan As India Cements Mulls Price Increase

I Have A Job To Do And Have To Do Something: N Srinivasan As India Cements Mulls Price Increase

The increase in cement per bag should cover the cost increases the company was facing and the company's profit and loss account should look better, he said.


27 May 2022
Latin American Crypto Exchange, Bitso, Lays Off 80 Employees; Bitcoin Falls

Latin American Crypto Exchange, Bitso, Lays Off 80 Employees; Bitcoin Falls

The price of Bitcoin fell by 0.59 per cent in the last 24 hours, Ethereum down by 3.50 per cent


27 May 2022
Looking At 'Pros And Cons' Of Introduction Of Digital Currency: RBI

Looking At 'Pros And Cons' Of Introduction Of Digital Currency: RBI

Finance minister Nirmala Sitharaman while presenting the Budget 2022-23 had announced that the central bank will launch an Indian digital currency.


27 May 2022
Weekly Wrap: Sensex, Nifty Gain For Second Straight Week Led By Banks, Financials

Weekly Wrap: Sensex, Nifty Gain For Second Straight Week Led By Banks, Financials

The Sensex rose 1 per cent and Nifty 50 index advanced 0.53 per cent for the week ended May 27, data from stock exchanges showed


27 May 2022
The Great ESG Reporting Divide

The Great ESG Reporting Divide

Blockchain technology and supplier engagement can be used to enable reporting by small businesses


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27 May 2022
Siemens Board Okays Large Drives Applications Business Sale To Siemens AG Arm For Rs 440 Crore

Siemens Board Okays Large Drives Applications Business Sale To Siemens AG Arm For Rs 440 Crore

The LDA business within Siemens Ltd recorded revenue from operations of Rs 4,437 million for FY 2021 and an operating profit of Rs 251 million


27 May 2022
Ruchi Soya Q4 Profit Declines 25% To Rs 234.33 Crore

Ruchi Soya Q4 Profit Declines 25% To Rs 234.33 Crore

The company's total income rose to Rs 6,676.19 crore in the fourth quarter from Rs 4,859.5 crore in the corresponding period of the preceding fiscal


27 May 2022
Ola Scouts For Land To Set Up Cell, Electric Car Factories

Ola Scouts For Land To Set Up Cell, Electric Car Factories

Ola Electric needs 1,000 acres of land to set up its cell gigafactory and electric car factory which is expected to attract an investment of Rs 10,000 crore


27 May 2022
Sensex Surges Over 600 Points, Nifty Reclaims 16,300 Led By Infosys, HDFC Bank

Sensex Surges Over 600 Points, Nifty Reclaims 16,300 Led By Infosys, HDFC Bank

Buying was visible across the board as thirteen of 15 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty IT index's 2.5...


27 May 2022
India Cements Reports Loss Of Rs 24 Crore In March Quarter

India Cements Reports Loss Of Rs 24 Crore In March Quarter

The Chennai-based company had registered standalone net profit at Rs 71.63 crore during corresponding quarter previous year


27 May 2022
High WPI May Put Pressure On Retail Inflation: RBI

High WPI May Put Pressure On Retail Inflation: RBI

In its annual report, the RBI said that the cost-push pressures from high industrial raw material prices, transportation costs and global logistics, and supply...


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27 May 2022
Structural Reforms Essential For Sustained, Balanced, Inclusive Growth: RBI

Structural Reforms Essential For Sustained, Balanced, Inclusive Growth: RBI

In its annual report, the Reserve Bank of India also stressed that the future path of growth would be conditioned by addressing supply-side bottlenecks,...


27 May 2022
Future Retail Denies Amazon's Allegation Of 'Fraudulent Stratagem' By Independent Directors

Future Retail Denies Amazon's Allegation Of 'Fraudulent Stratagem' By Independent Directors

Last week, Amazon had accused FRL's independent directors of facilitating a "fraudulent stratagem" of transfer of 835 stores to Reliance Retail Venture.


27 May 2022
Jet Airways Posts Rs 234 Crore Loss In March Quarter

Jet Airways Posts Rs 234 Crore Loss In March Quarter

The full-service carrier had a standalone net loss of Rs 107.01 crore in the year-ago period, according to a regulatory filing.


27 May 2022
Office-Averse Employees Give A Lifeline To Coworking Spaces In Smaller Cities

Office-Averse Employees Give A Lifeline To Coworking Spaces In Smaller Cities

Reverse migration, cost benefits and affordable office rentals are accelerating the adoption of flexible coworking spaces even in Tier II and Tier III cities


27 May 2022
Stock Market Today: Sensex Surges Over 400 Points, Nifty Above 16,300 Amidst Strong Global Cues

Stock Market Today: Sensex Surges Over 400 Points, Nifty Above 16,300 Amidst Strong Global Cues

At 9:17 am, the BSE Sensex advanced 450 points or 0.83 per cent at 54,703, whereas, Nifty 50 index surged 136 points or 0.85 per cent at 16,307, amidst strong...


27 May 2022
CoinDCX To Support Terra's Revival Plan 2.0; Christine Lagarde Says Cryptos Worth Nothing

CoinDCX To Support Terra's Revival Plan 2.0; Christine Lagarde Says Cryptos Worth Nothing

CoinDCX says it will support Terra’s (LUNA) revival plan and accordingly inform users in due time about Luna 2.0 tokens airdrop. Ethereum falls 10 per cent.


27 May 2022
Why The World Can't Buy Peace With McDonalds' Burgers Anymore

Why The World Can't Buy Peace With McDonalds' Burgers Anymore

The shutting down of the Moscow McDonald’s has another message. Not only are its golden arches insufficient insurance against wars, but McDonald’s itself,...


27 May 2022
Key Things To Know Before Markets Open On Friday

Key Things To Know Before Markets Open On Friday

On Thursday, the Indian equity benchmarks witnessed gains for the first time this week. The BSE Sensex surged 503 points or 0.94 per cent to settle at 54,252,...


27 May 2022
A Step-By-Step Guide To Plan Investments For Your Child’s Overseas Education

A Step-By-Step Guide To Plan Investments For Your Child’s Overseas Education

Overseas education can be a costly affair. Currency fluctuations, tuition fees, hostel fees, visas and travel expenses can add up to a huge amount. Loans and...


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