Monday 31 January 2022

AGS Transact Technologies to List on BSE, NSE Today: Time, Listing Price, Key Details

AGS Transact Technologies shares will get listed both on National Stock Exchange and Bombay Stock Exchange (BSE) on January 28

from Top Business News- News18.com

India Inc. seek Budget sops from govt. for creating jobs

Manufacturing sector not upbeat on fresh hiring yet

from The Hindu - Business

Economic Survey 2022 LIVE Updates Budget: FM to Present Eco Survey Today, Eyes on GDP Outlook

Economic Survey LIVE Updates: One of the most anticipated aspects of the Economic Survey is the projection of the Gross Domestic Product (GDP) of India for the next fiscal.

from Top Business News- News18.com

Economic Survey 2022 to be Tabled Today: A Prequel to Budget, What to Watch Out For

Economic Survey 2022 will feature the performance of major development programmes and highlight the policy initiatives of the government. It will also provide the roadmap going forward

from Top Business News- News18.com

Economic Survey 2022: Single Volume Report, New CEA, 10 Key Things About this Year's Survey

Finance minister Nirmala Sitharaman will present the Economic Survey today, the flagship document of the finance ministry, a day ahead of the Union Budget.

from Top Business News- News18.com

India Inc. seek Budget sops from govt. for creating jobs

Manufacturing sector not upbeat on fresh hiring yet

from The Hindu - Business

Employee engagement in tech sector hit the most by COVID-19, says report

This ongoing crisis has created a large supply-demand imbalance as companies fail to meet their talent needs

from The Hindu - Business

Sunday 30 January 2022

Economic Survey 22: What it Means and Why it is Important, Explained

Union Budget 2022: The Economic Survey is the official report card of the country’s economy and is tabled in Parliament by the Union Finance Minister a day before the presentation of the Budget.

from Top Business News- News18.com

Budget 2022 LIVE Updates: Tax Deduction, Cheaper Insurance Premiums, What Industry Wants

Budget 2022 LIVE Updates: Will finance minister Nirmala Sitharaman present a populist Budget to boost consumption? Know what industry veterans want

from Top Business News- News18.com

Manyavar Owner Vedanta Fashions IPO Next Week: Key Things to Know Before you Invest

Manyavar Owner Vedanta Fashions IPO Next Week: Price, Manyavar IPO GMP, Other Key Details You Should Know Before Investing

from Top Business News- News18.com

IndusInd Bank Q3 net profit, NPA ratio rise

IndusInd Bank on Saturday reported a 50% jump in its consolidated net profit at ₹1,241.55 crore in the quarter ended December 2021. The bank had poste

from The Hindu - Business

‘Pandemic accelerated e-signature adoption’

‘Firms wary of tech took the plunge’

from The Hindu - Business

Tally urges software codification to make India ‘products hotspot’

Domestic sales, distribution difficult and unviable: Goenka

from The Hindu - Business

‘Allow duty-free cotton import with quantitative restrictions’

High raw material cost spurs demand by textile industry

from The Hindu - Business

Chemplast Sanmar Q3 profit surges sevenfold to ₹142.8 crore

Chemicals firm ‘well placed’ to gain from PVC market uptick

from The Hindu - Business

Saturday 29 January 2022

Drone entrepreneurs want rules simplified

Government’s Drone Rules 2021 and PLI scheme for the drone industry has given a push to the industry

from The Hindu - Business

‘Banks to transfer 15 NPAs worth ₹50,000 cr. to NARCL’

Transfers part of Phase I, to take place by March 31: Khara

from The Hindu - Business

In Raj Budget, Govt Will Try To Ensure Businesses, Industries Hit By Covid Gain Momentum: Gehlot

Rajasthan Chief Minister Ashok Gehlot on Friday said that in the upcoming budget, the state government will try to ensure that industries and businesses facing problems due to coronavirus pandemic gain momentum and every section gets new opportunities for progress. He said the revenue of the state has come down due to the pandemic and economic activities have also been adversely affected. "In such a situation, it will be our endeavour that in this difficult period the needy section gets support, employment opportunities increase and the economy gets back on track. For this, the state government will make all possible provisions in the coming budget," Gehlot said.

from Top Business News- News18.com

SC gives SpiceJet 3 weeks to resolve payment claim

Airline owes $24 million to Swiss vendor

from The Hindu - Business

RBI’s accommodative approach has served country well: Patra

Reserve Bank’s measures helped in economic turnaround, says Deputy Governor

from The Hindu - Business

Friday 28 January 2022

Kirloskar Oil Engines MD Sanjeev Nimkar quits

Sanjeev Nimkar, MD, Kirloskar Oil Engines, has resigned from the post citing personal reasons, the company said. The board has requested Gauri Kirlosk

from The Hindu - Business

Rane Brake Lining Q3 net profit slides 47%

Rane Brake Lining Ltd. said standalone net profit for the third quarter slumped 47% to ₹6.9 crore due to a decline in sales volume. Revenue from opera

from The Hindu - Business

'It's A Man's World': Male Athletes Leading Way In NIL Money

Male athletes are leading the way six months after the NCAA cleared the way for college athletes to earn money on their celebrity.

from Top Business News- News18.com

CG Power Q3 net dips 5.5%, revenue doubles

CG Power and Industrial Solutions Ltd., a Murugappa group firm, said standalone net profit for the third quarter shrank 5.5% to ₹360 crore from a year

from The Hindu - Business

BoAt hearables maker files for ₹2,000-cr. IPO

Imagine Marketing Limited, the makers of boAt brand of hearables, has filed a draft red herring prospectus (DRHP) with markets regulator SEBI for a ₹2

from The Hindu - Business

Thursday 27 January 2022

How Major US Stock Indexes Fared Wednesday

An early market rally gave way to a broad slide for stocks and a surge in bond yields Wednesday after the Federal Reserve signaled it plans to begin raising interest rates soon to fight a spike in inflation that the central bank says is probably getting worse.

from Top Business News- News18.com

Dollar Rises To Five-week High After Fed Policy Decision

The dollar rose to a fiveweek high on Wednesday after the Federal Reserve said it is likely to raise U.S. interest rates in March as expected and later launch a significant reduction in its asset holdings.

from Top Business News- News18.com

Dollar Rises To Three-week High After Fed Decision

The dollar rose to a threeweek on Wednesday after the Federal Reserve signaled that it is likely to raise U.S. interest rates in March as expected and later launch a significant reduction in its asset holdings.

from Top Business News- News18.com

Jio-bp expands with Delhi EV charging hub

Reliance BP Mobility JV scales up fuel-retail network by offering multiple choices

from The Hindu - Business

Boeing Posts USD4 Billion Loss Tied To Problems With 787 Jet

Chicago, Jan 26 (AP) Boeing reported a USD4.16 billion loss for the fourth quarter as the financial fallout of production flaws in one of its best-selling planes, the 787 Dreamliner, grew much worse. The aircraft maker took a charge of USD3.5 billion to cover additional delays in delivering copies of its 787 jetliner and compensation for airlines that are still waiting to get their planes..

from Top Business News- News18.com

Kinetic to set up e-bike unit for ₹100 crore

Kinetic Green Energy & Power Solutions, which has partnered Chinese EV major Aima Technology Group to co-design and develop electric two-wheelers

from The Hindu - Business

Wednesday 26 January 2022

Rane Engine Valve records ₹3 crore Q3 loss

Rane Engine Valve Limited has posted a net loss of ₹3 crore for the third quarter ended December against a standalone profit of ₹14 crore in the year-

from The Hindu - Business

Slash fuel tax, raise MGNREGS outlay to spur flailing consumption, suggests Crisil

It moots income support for low-income households hit by COVID-19 shock

from The Hindu - Business

Wall Street Resumes Downward Trend, Oil Up As Fed And Ukraine Dominate

Rising geopolitical tensions and a looming Federal Reserve move to tighten monetary policy weighed down Wall Street on Tuesday and helped to drive oil higher.

from Top Business News- News18.com

Bharti said to mull roping in a ‘strategic investor’

Board to decide on preferential issue

from The Hindu - Business

Cairn ‘fulfils’ retro tax repeal steps, awaits ₹7,900 crore refund

Firm says it expects India to make payment in ‘early 2022’

from The Hindu - Business

Tuesday 25 January 2022

Poised And Confident, Mahomes Has KC Back In AFC Title Game

You could spend about a year describing the frantic two minutes that led to overtime between the Bills and Chiefs on Sunday night, when Kansas City rallied for a heartpounding 4236 victory to reach its fourth consecutive AFC title game.

from Top Business News- News18.com

TI to invest ₹350 crore in clean mobility

Tube Investments of India Ltd (TI) has announced the setting up of a new wholly owned subsidiary and the acquisition of an electric tractor firm to pu

from The Hindu - Business

‘India can make $300-bn electronics by 2026’

Challenges must be overcome: report

from The Hindu - Business

Crisil calls for tariff cuts to spur exports

‘Lower duties needed on inputs, raw materials to stop importing inflation’

from The Hindu - Business

Axis Bank Q3 net surges on interest income

Axis Bank Ltd. reported third quarter net profit grew more than threefold to ₹3,614 crore on account of a rise in net interest income and improvement

from The Hindu - Business

Stocks extend slide as Fed rate plan looms

Sensex slumps 2.6% as metals, IT lead

from The Hindu - Business

‘COVID 3.0 drags activity lower by 20% in less than a month’

Nomura business resumption index slides to 100.5, from 120.2 a month ago

from The Hindu - Business

Monday 24 January 2022

Supertech Twin Tower Case: When will Investors Get their Money? Know What SC Directs

Supertech has made an advance payment to Edifice Engineering for mobilisation of men, materials and machines to site as per the agreement, said a spokesperson

from Top Business News- News18.com

Sensex drops over 200 points in early trade; Nifty slips below 17,600

Asian Paints was the top loser in the Sensex pack, shedding 2.44%

from The Hindu - Business

Miller, McClary Carry Monmouth Over Manhattan 78-62

Walker Miller had 19 points to lead five Monmouth players in double figures as the Hawks topped Manhattan 7862 on Sunday. Marcus McClary added 18 points for the Hawks. Shavar Reynolds Jr. chipped in 12, George Papas scored 10 and Nikkei Rutty had 10. McClary also had seven rebounds, while Papas posted seven rebounds.

from Top Business News- News18.com

Mis-selling in health insurance

Utmost good faith is the underlying principle of any insurance product

from The Hindu - Business

ASK US

Q. I am a 60 year old housewife. I have a LIC policy of ₹5 lakh which will be maturing at the end of this year. Can you suggest good investment plans

from The Hindu - Business

What mutual fund SIPs are really about

They make you invest, automates that investment and keeps you building wealth over the years

from The Hindu - Business

Government should prevent K-shaped recovery: Raghuram Rajan

Ex-RBI Governor says Indian economy has ‘some bright spots and number of very dark stains’

from The Hindu - Business

Sunday 23 January 2022

HDFC Capital raises $1.22 bn for affordable housing fund

H-CARE 3, combined with potential reinvestments by the fund, would create an estimated total fund corpus of $1.88 billion.

from The Hindu - Business

Govt. relaxes deadline for re-export of containers used for oxygen transport

Currently, containers are allowed to be imported duty-free with the condition of re-export in the next six months.

from The Hindu - Business

India's economy has some bright spots, a number of very dark stains: Raghuram Rajan

Mr. Rajan said that he would love to see a five- or ten-year vision for India as well as a plan for the kinds of institutions and frameworks the government intends to set up

from The Hindu - Business

Fixed Deposit: How it Works, Key Features, Tax Benefits; How to Choose the Right Bank FD

Fixed deposits are the most favoured option for those investors who are averse to risks. Are you planning to invest in a fixed deposit? Know it works and how to choose the correct FD for your requirement

from Top Business News- News18.com

ICICI Bank Q3 profit rises 25% to ₹6,194 cr.

Remain optimistic about economy: ED

from The Hindu - Business

India’s reliance on Chinese goods surged in 2021

Shipments of finished electronics to intermediate chemicals from China rose sharply, lifting imports to a record $97.5 bn

from The Hindu - Business

Saturday 22 January 2022

Importers, govt. duel in Supreme Court over GST on ocean freight

The levy was struck down by a HC

from The Hindu - Business

FedEx starts EV trials in India

FedEx Express, a subsidiary of FedEx Corp., has announced the start of electric vehicle (EV) trials in India as part of its global goal to achieve car

from The Hindu - Business

Dollar Dips With U.S. Treasury Yields But Still Up For Week; Bitcoin Falls

The dollar declined on Friday, along with U.S. Treasury yields, while investors looked ahead to next week's Federal Reserve meeting for more clarity on the outlook for rate hikes.

from Top Business News- News18.com

RIL net rises 42%; retail, shale sale buoy

Third-quarter profit climbs to ₹18,549 crore as overall revenue surges 52% to ₹2,09,823 crore

from The Hindu - Business

US Blocks Flights By Chinese Airlines In Escalating Dispute

The United States moved Friday to block 44 flights to the U.S. by Chinese airlines in retaliation for China forcing the cancellation of flights by U.S. airlines.

from Top Business News- News18.com

‘Time to look at healthcare differently’

Rationalising GST rates could make sector affordable, says Apollo Hospitals MD

from The Hindu - Business

People can soon invest in infra: Gadkari

Minister says SEBI nod awaited to allow investments of at least ₹1 lakh in projects

from The Hindu - Business

Start-ups raised a record $24.1 billion in 2021: study

Two-fold rise from pre-COVID levels, according to a new study by NASSCOM and Zinnov.

from The Hindu - Business

Friday 21 January 2022

Natco, 9 others chosen to supply COVID-19 drug

UN-backed MPP signs sublicence pacts

from The Hindu - Business

How Major US Stock Indexes Fared Thursday

Stocks fell again on Wall Street Thursday as technology stocks sold off in the afternoon, pushing the Nasdaq further into what's known as a correction.

from Top Business News- News18.com

Dollar Reverses Losses, Shows Modest Gain Following 10-year TIPS Auction

The dollar fluctuated but remained rangebound on Thursday as this week's upward trajectory of U.S. Treasury yields took a breather.

from Top Business News- News18.com

Institutional realty stake dropped 14% in 2021: JLL

‘Second wave impacted investments’

from The Hindu - Business

Judge: Georgia County Can Move Ahead On Land For Spaceport

A judge has denied a request to stop a county from buying land for a planned spaceport near the Georgia coast, dealing the latest blow to opponents of the project.

from Top Business News- News18.com

HUL Q3 net rises 17% to ₹2,243 cr.

High inflation, raw material prices may pressure margins in near term, says CMD

from The Hindu - Business

Thursday 20 January 2022

Reliance Retail buys 54% in Addverb Tech

Reliance Retail has acquired a 54% stake in domestic robotics company Addverb for $132 million (about ₹983 crore), a senior official of the robotic fi

from The Hindu - Business

India extends another $500 million LoC to Sri Lanka for emergency fuel import

India on Tuesday extended a $500 million-Line of Credit (LOC) to Sri Lanka for urgent fuel imports, days after providing $900 million relief to the is

from The Hindu - Business

5G Flight Disruption Eases As Emirates Blasts U.S. Rollout

Disruption to U.S.bound air travel caused by the rollout of 5G services in the United States eased on Wednesday as authorities approved more flights, but a top airline warned "irresponsible" regulatory confusion would be felt internationally for days.

from Top Business News- News18.com

Dixon, boAt form JV for audio items

Imagine Marketing, which manufactures products under the brand ‘boAt’, on Tuesday announced a 50-50 joint venture with Dixon Technologies for the desi

from The Hindu - Business

How Major US Stock Indexes Fared Wednesday

Stocks continued to fall on Wall Street Wednesday as investors review the latest corporate earnings and prepare for higher interest rates.

from Top Business News- News18.com

Stocks Slide On Inflation Concerns As Oil Prices Rise Further

Strong U.S. and European corporate results could not stop a slide on Wall Street, where the Nasdaq entered a correction, as rising crude prices kept inflation concerns alive even as bond yields eased a bit after earlier touching fresh multiyear highs.

from Top Business News- News18.com

Tata Motors increases PV prices

Tata Motors Ltd. has announced a price increase of 0.9% on an average on its passenger vehicles (PVs) effective January 19. The price increase would b

from The Hindu - Business

Wednesday 19 January 2022

Third wave to dent Housing Finance Companies' asset growth by 200 bps

Crisil sees more organic consolidation

from The Hindu - Business

‘Two-pronged strategy to bolster CG Power’

‘Focus on legacy, risk management’

from The Hindu - Business

Dixon, boAt form JV for audio items

Imagine Marketing, which manufactures products under the brand ‘boAt’, on Tuesday announced a 50-50 joint venture with Dixon Technologies for the desi

from The Hindu - Business

Tata Motors increases PV prices

Tata Motors Ltd. has announced a price increase of 0.9% on an average on its passenger vehicles (PVs) effective January 19. The price increase would b

from The Hindu - Business

Centre invites applications for IRDAI post

Insurance regulator without a Chairman for over eight months now

from The Hindu - Business

Wabco India to be renamed

Wabco India Ltd., which is into advanced braking systems, would be renamed as ZF Commercial Vehicle Control Systems India Ltd. About 99% of shareholde

from The Hindu - Business

Third wave to dent HFC asset growth by 200 bps

Crisil sees more organic consolidation

from The Hindu - Business

‘Two-pronged strategy to bolster CG Power’

‘Focus on legacy, risk management’

from The Hindu - Business

Tuesday 18 January 2022

UltraTech Q3 profit rises 8% to ₹1,708 cr.

UltraTech Cement Ltd. reported consolidated net profit rose 8% year-on-year (YoY) to ₹1,708 crore for the third quarter ended December 2021.The profit

from The Hindu - Business

Tech Mahindra Acquires European Firm, 25% Stake in 2 Tech Platforms for 330 Mn Euros

The acquisition of Europe-based Com Tec Co IT is the second-largest acquisition that the IT company has made after scam-hit Satyam in April 2010.

from Top Business News- News18.com

Third wave of COVID-19 has airlines industry looking at ₹20,000 crore net loss

Domestic air traffic has already plummeted 25% in the first week of January

from The Hindu - Business

Unlikely That People Will Move Around with Masks on Forever: Fauci on 'new Normal'

He also said there is a great deal of 'disinformation' around and that is entirely destructive to a comprehensive public health endeavour.

from Top Business News- News18.com

Monday 17 January 2022

Gold Price Today Rises but Rs 8,300 Down from Record High. Will Gold Rate Hike Soon?

Gold Price Today, January 17, 2022: On MCX, the gold futures rose 0.09 per cent to Rs 47,823 for 10 grams at 0920 hours. Will gold price hike soon?

from Top Business News- News18.com

SBI Hikes Fixed Deposit Interest Rates for Short Term Tenures. Know More

The State Bank of India announced on its website that the new rates of interest for its FDs will be applicable for deposits below Rs 2 crore.

from Top Business News- News18.com

Group: Tax Rich To Fund Vaccines For Poor Hit By Pandemic

Antipoverty organization Oxfam called Monday for governments to impose a onetime 99% tax on the world's billionaires and use the money to fund expanded production of vaccines for the poor part of an effort to combat global inequality widened by the coronavirus pandemic.

from Top Business News- News18.com

Watch out, herding comes naturally to us

Greed, for lack of a better word, is good, said Gordon Gekko, a character portrayed by Michael Douglas in the 1987 Hollywood classic, Wall Street.But

from The Hindu - Business

Ask us | On investments

Q. I am 22 and have managed to save some funds from pocket money during my time at college and converted it into a fixed deposit. Yet, with the very l

from The Hindu - Business

Latch on to the certainty of a fixed rate home loan

With the loose monetary policy likely to end soon, it makes sense to lock into interest rates that will stay static for a while

from The Hindu - Business

Sunday 16 January 2022

National Startup Day 2022: History, Significance and All You Need to Know

National Startup Day 2022: "The year 2022 has brought new horizons for the Indian startup ecosystem. When India will complete 100 years of independence, startups will play a huge role," PM Modi said

from Top Business News- News18.com

Explained | Has the process to measure TRPs improved?

After rigging allegations, what steps has the Broadcast Audience Research Council, which releases the ratings, taken?

from The Hindu - Business

DirecTV Drops Trump-friendly One America News

DirecTV plans to drop One America News Network, significantly shrinking the reach of the rightwing TV channel friendly to Donald Trump and widely criticized for spreading misinformation including the former presidents false claim that he won the 2020 election.

from Top Business News- News18.com

Explained | Why is India challenging WTO verdict on sugar?

When did Australia, Brazil and Guatemala file a complaint and what are the rules?

from The Hindu - Business

Vanecek, Wilson Lead Capitals Past Islanders 2-0

Tom Wilson scored early, Alex Ovechkin added an emptynet goal late, and Vitek Vanecek made 23 saves to lead the Washington Capitals to a 20 victory over the New York Islanders on Saturday.

from Top Business News- News18.com

No. 9 Kansas Uses Big 2nd Half To Stuff West Virginia, 85-59

David McCormack had 19 points and 15 rebounds, Jalen Wilson added 23 points and eight boards, and ninthranked Kansas overcame a sluggish first half to rout defensiveminded West Virginia 8559 on Saturday.

from Top Business News- News18.com

Saturday 15 January 2022

Dollar Snaps Three-day Losing Streak As Selling Pressure Abates

The U.S. dollar snapped a threeday losing streak on Friday as the recent selling spree driven by the view that Federal Reserve tightening moves were largely priced in abated, and as weaker risk appetite in financial markets led investors to shun riskier currencies.

from Top Business News- News18.com

Power Fails Again As Argentine Capital Swelters In Heat Wave

Power failed for tens of thousands of customers in Argentina's capital on Friday as temperatures once again climbed to a 65year high.

from Top Business News- News18.com

Thieves Raiding Rail Cargo Containers In Los Angeles

Thieves have been raiding cargo containers aboard trains nearing downtown Los Angeles for months, taking packages belonging to people across the U.S. and leaving the tracks blanketed with discarded boxes.

from Top Business News- News18.com

Thieves Raiding Rail Cargo Containers In Los Angeles

Thieves have been raiding cargo containers aboard trains nearing downtown Los Angeles for months, taking packages belonging to people across the U.S. and leaving the tracks blanketed with discarded boxes.

from Top Business News- News18.com

Stocks Slip, Bond Yields Jump As Rate Hikes In Focus

Global stock markets stumbled again on Friday and U.S. Treasury yields climbed as cautious investors considered imminent U.S. interest rate hikes and the uncertainty of their impact on the economy.

from Top Business News- News18.com

Union Budget 2022: From Colonial India to 1991 Reforms, A Look at the Journey of India's Financial Plan

Finance Minister Nirmala Sitharaman will present the Union Budget 2022 on February 1.

from Top Business News- News18.com

Friday 14 January 2022

Fast growing credit demand in Q3 indicates revival of pvt capex cycle: Report

Credit growth, which has been lagging deposits for years, turned buoyant in the third quarter of this fiscal by a wide margin at ₹3.5 lakh crore as ag

from The Hindu - Business

WayCool Foods raises $117 million

City-based WayCool Foods has raised $117 million from new and existing investors to expand its business and to invest in complementary business to cre

from The Hindu - Business

How Major US Stock Indexes Fared Thursday

Stocks shed early gains and closed lower Thursday as investors gauged the latest data on inflation and company earnings.

from Top Business News- News18.com

TVS Motor signs pact with Swiggy

TVS Motor Company Ltd., the leading manufacturers of two and three-wheelers, on Thursday announced a strategic tie-up with Swiggy, to accelerate elect

from The Hindu - Business

SBI raises $300 million via Formosa bonds

State Bank of India, acting through its London branch has raised US$300 million “Regulation S” Formosa bonds at a coupon rate of 2.49%, the bank said

from The Hindu - Business

Supreme Court Halts COVID-19 Vaccine Rule For US Businesses

The Supreme Court has stopped the Biden administration from enforcing a requirement that employees at large businesses be vaccinated against COVID19 or undergo weekly testing and wear a mask on the job.

from Top Business News- News18.com

Flipkart buys recommerce firm Yaantra

Flipkart on Thursday announced the acquisition of Yaantra, an electronics recommerce company, to strengthen its recommerce business and enhance after-

from The Hindu - Business

Yezdi returns in new forms

Yezdi, the motorcycle brand that signified thrill and adventure is back in new formsClassic Legends Pvt. Ltd., the Mahindra Group start-up, has reintr

from The Hindu - Business

Thursday 13 January 2022

U.K. launches FTA negotiations with India

The first round of negotiations is expected to start next week

from The Hindu - Business

Ashok Leyland Aidrivers ink MoU on autonomous vehicles

Aidrivers, a global specialist in AI-enabled autonomous solutions across industrial mobility and commercial vehicle manufacturer Ashok Leyland have s

from The Hindu - Business

Oil could hit $100 as demand outstrips supply

Oil prices will power further ahead this year, said analysts. “Assuming China doesn’t suffer a sharp slowdown, Omicron actually becomes Omi-gone, a

from The Hindu - Business

‘Textile exports rose 41% in April-Dec.’

Textile exports grew 41 % during April-December 2021 over the year-earlier period.A press release from the Ministry of Textiles said the 2020-2021 fis

from The Hindu - Business

RailTel to build edge data centres

Project may attract investments of more than ₹500 crore

from The Hindu - Business

‘General fiscal deficit in FY22 likely at 10.4%’

Rating agency ICRA on Wednesday said it expects a miss in the disinvestment target to cause the government’s fiscal deficit to print at ₹16.6 lakh cro

from The Hindu - Business

TCS to buy back shares for ₹18,000-cr.

The buyback is proposed to be made on a proportionate basis under the tender offer route, the company said in a filing.

from The Hindu - Business

HR Software Company Justworks Delays U.S. IPO Plans

Justworks Inc said on Wednesday it has postponed its initial public offering (IPO) in the United States, citing market conditions.

from Top Business News- News18.com

Gold Gains As Dollar Retreats After U.S. Inflation Data

Gold firmed on Wednesday as data showing U.S. inflation was within expectations dented the dollar and prompted buying from investors who seemed to have priced in the Federal Reserve's likely interest rate hike trajectory.

from Top Business News- News18.com

Key Dates In Costa Concordia Shipwreck, Trial And Cleanup

Italy on Thursday marks the 10th anniversary of the Costa Concordia cruise ship wreck off the Tuscan island of Giglio. Here are some key dates in the saga, including the trial of the captain and the remarkable engineering feat to right the liner from its side so it could be towed away for scrap.

from Top Business News- News18.com

Infosys Q3 profit rises 12%, firm raises revenue estimate

Quarter revenue climbs 23%, staff attrition higher at 26%

from The Hindu - Business

Wednesday 12 January 2022

Petrol, Diesel Prices Announced for Today. Know How Much you have to Pay for Fuel

Petrol, Diesel Price Today, January 12, 2022: A litre of petrol will cost Rs 95.41 in Delhi on Wednesday while you have to shell Rs 109.98 per litre for the precious auto fuel in Mumbai. Know petrol, diesel rates across India

from Top Business News- News18.com

The Government bailout of Vodafone Idea

What changes have been approved for Vodafone Idea? How much of a role will the Government play in the functioning of the telecom operator?

from The Hindu - Business

Oil Jumps Nearly 4% As Omicron Impact Seen As Short-lived

Oil soared nearly 4% on Tuesday, supported by tight supply and expectations that rising coronavirus cases and the spread of the Omicron variant will not derail a global demand recovery.

from Top Business News- News18.com

Tuesday 11 January 2022

Work from Home Not a Solution; CAIT Urges to Allow Offices with 50% Workforce in Delhi

Omicron Scare in Delhi: CAIT has suggested that the DDA must allow 50 per cent employees to work maintaining social distancing

from Top Business News- News18.com

Rupee gains 13 paise to 73.92 against U.S. dollar in early trade

In the previous session, the rupee had settled at 74.05 against the greenback.

from The Hindu - Business

Vodafone Idea board approves 35.8% equity allotment to govt.

Move as per scheme offered by DoT for settlement of dues.

from The Hindu - Business

Gold Price Today Gains But Over Rs 8,600 Down from All-Time High. Should you Invest?

Gold price today, January 11, 2022: On MCX, the gold contracts rose 0.25 per cent to Rs 47,574 for 10 grams at 1150 hours on January 11

from Top Business News- News18.com

Vodafone Idea AGR Dues Settlement: Govt to Own 35.8% in the Company, Vi Share Slumps

Vodafone Idea AGR Dues Settlement: Following the equity conversion, the government will hold around 35.8 per cent of the total outstanding shares of the company

from Top Business News- News18.com

Sensex revisits 60,500-level in opening deals; Nifty tops 18,000

On the Sensex chart, HDFC, NTPC, Sun Pharma, HCL Tech, UltraTech and Tech Mahindra emerged as prominent gainers, rising as much as 1.69%

from The Hindu - Business

Indian IT firms to log 20-30% growth in 2022: analysts

‘Digital transformation to power deals’

from The Hindu - Business

‘Travel curbs to undermine air traffic recovery in near term’

Domestic passenger numbers grew almost 6% month-on-month in December

from The Hindu - Business

ICICI-Videocon Scam: SC Junks ED's Appeal Against Bail to Deepak Kochhar

Kochhar moved the high court after a special Mumbai court declined to entertain his bail plea in December 2020.

from Top Business News- News18.com

Monday 10 January 2022

U.K. Secretary of State for International Trade to launch FTA talks in Delhi on January 12

The schedule for the 2-day visit to India will include bilateral talks between Anne-Marie Trevelyan and Commerce and Industry Minister Piyush Goyal, the Department for International Trade said.

from The Hindu - Business

Startups can play important role to socialise, democratise availability of healthcare: Goyal

“Entrepreneurs should focus on strengthening the Make in India programme”

from The Hindu - Business

Vistara fleet comprises 50 aircraft; 12 planes added in last 21 months

Vistara fleet comprises Airbus A320, A320neo, A321neo, Boeing 737 and B787 planes

from The Hindu - Business

The ePlane Company raises USD5 million in funding, cargo carrier expected to be rolled out by Feb 2023

The company aspires to build the world's most compact flying taxi, called the e200, for passengers, as well as cargo transport

from The Hindu - Business

Less than 100 workers of Foxconn return to one of the dormitories, operations to resume in phased manner

Resuming operations with full workforce to take some more months

from The Hindu - Business

Sovereign Gold Bond 2021-22 Opens Today: How to Buy, Discounts, Interest, Tax Benefits

Sovereign Gold Bond Scheme Series IX 2021-22: The ninth tranche of Sovereign Gold Bond 2021-22 opened for subscriptions on January 10 for five days. All you need to know before buying

from Top Business News- News18.com

Total employment in nine select sectors rises to 3.10 crore in July-September 2021: QES report

The quarterly employment survey report released by Union Labour Minister Bhupender Yadav said total employment numbers in the nine select sectors were 3.08 crore in April-June 2021.

from The Hindu - Business

Rupee gains 18 paise against U.S. dollar in early trade

In the previous session, the rupee had settled at 74.34 against the greenback

from The Hindu - Business

Foxconn India's Sriperumbudur plant to reopen on January 12

The plant was closed in December following protests over its workers being treated for food poisoning

from The Hindu - Business

Sensex surges 470 points to reclaim 60,000 level in early trade

Of the Sensex constituents, 21 shares were trading in the green.

from The Hindu - Business

Sunday 9 January 2022

Ex-RBI Governor Urjit Patel appointed vice-president of AIIB

Urjit Patel will be one of the five vice-presidents of the AIIB with a three-year tenure. He is expected to take over his posting next month

from The Hindu - Business

CNG Price Increased from Today in Mumbai; Cooking Gas Becomes Costlier Too. Details Here

After the latest round of hike, CNG will now cost Rs 66 per kg. CNG rate in the Mumbai metropolitan region has been hiked by over Rs 18 in last one year

from Top Business News- News18.com

Mutual Funds: Looking to Invest in SIPs in New Year? Top 5 Options for Hefty Return

Mutual funds are an instrument that helps people with small capital to invest and grow at a steady pace. We bring to you one such list, which holds some of the most lucrative SIPs that can foster your money and give you a good return

from Top Business News- News18.com

Gold bond issue priced at ₹4,786/gm

The issue price for the next tranche of Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from Monday, has been fixe

from The Hindu - Business

Former Apple Employee Shares 11 'Rules for Success'. Take a Look

While the objective of these points was to bring the new employees up to speed about what was expected of them, the advice is equally good for the rest of us

from Top Business News- News18.com

D-Mart Q3 net profit rises 23.6% to ₹552.53 crore

‘Inflation impacting some categories’

from The Hindu - Business

Ad revenue sharing: CCI to probe Google

India’s competition watchdog on Friday ordered a probe into Google following allegations from news publishers, saying its initial view was that the t

from The Hindu - Business

India set to become hub for antiviral generics: Fitch

It cites nod to molnupiravir for COVID

from The Hindu - Business

GST evasion: notices issued, but ‘no record of outcome’

DGGI reply to RTI query cites action on evasion of ₹9,359 cr.

from The Hindu - Business

Bharti to skip option on AGR interest dues

Telecom operator Bharti Airtel will not avail the option of conversion of the interest on deferred spectrum and AGR dues to equity, under the reforms

from The Hindu - Business

Saturday 8 January 2022

‘India to surpass Japan as Asia’s 2nd largest economy by 2030’

IHS Markit sees consumption spending doubling over a decade to $3 tn by 2030

from The Hindu - Business

Return of large deals will push up realty space absorption by 15-20%: Colliers CEO

Omicron may turn developers, occupiers cautious in Q1 2022, he says

from The Hindu - Business

‘Employers must rejig staffing process’

Despite job boom, staffing industry still a baby in diapers: TeamLease’s Sabharwal

from The Hindu - Business

Court orders GM unit to pay 50% wages

Pune Industrial Court sees ‘prima facie case of unfair labour practice’ in interim ruling on union’s plea

from The Hindu - Business

Some of the most complex cloud projects are coming out of India, Microsoft executive says

In an exclusive interview with The Hindu, Shivir Chordia, Azure Business Group Lead at Microsoft India, spoke about the growing cloud ecosystem, the pandemic’s role in driving cloud adoption across different sectors, and more.

from The Hindu - Business

Ratan Tata's Biography Coming Soon, HarperCollins Seals Rs 2 Crore Publishing Deal

The biography will reportedly also spill the beans on events like the development of the world’s cheapest car, Tata Nano.

from Top Business News- News18.com

Tim Cook earned over 1,400 times the average Apple worker in 2021

Apple’s revenue rose more than 30% to $365.82 billion for its fiscal 2021 and its shares briefly crossed $3 trillion in market capitalisation this year.

from The Hindu - Business

Finance Minister Nirmala Sitharaman Reviews LIC IPO Progress; Key Things We Know So Far

The LIC IPO, touted to be the biggest ever in the country's history, is expected to hit the markets by March, the government has indicated.

from Top Business News- News18.com

CCI orders Google inquiry after news publishers complain

In its order, the CCI said Google dominates certain online search services in the country and may have imposed unfair conditions on news publishers.

from The Hindu - Business

Reddit taps Morgan Stanley, Goldman Sachs for IPO

Reddit, which said it had confidentially filed for an initial public offering in December, is aiming for a valuation of over $15 billion at the time of its flotation.

from The Hindu - Business

Petrol, Diesel Price Below Rs 100 in Many Cities; Check Petrol Price Today in Your City

Petrol price in Delhi is Rs 95.41 per litre while diesel is retailing in the national capital at Rs 86.67 per litre

from Top Business News- News18.com

Friday 7 January 2022

Nirmala Sitharaman reviews PSBs’ readiness to tackle any Omicron-induced disruption

India Ratings and Research cut its forecast to 9.3%, from 9.4% earlier, while Brickwork Ratings has revised its estimates to 8.5-9% from 10%.

from The Hindu - Business

PPF Account: Want to Get More Return from your PPF Investment? Follow this Rule

A married man can double his investment by opening a PPF account in the name of his wife, and thereby invest Rs 3 lakh per annum instead of Rs 1.5 lakh.

from Top Business News- News18.com

Kotak Mahindra Bank Revises Fixed Deposit Rates. Check Latest FD Rates

With effect from January 6, 2022, the Kotak Mahindra Bank will provide an interest rate of 2.50 per centto the general public percent on fixed deposits maturing between 7 to 30 days

from Top Business News- News18.com

Airtel not to avail option of converting interest on dues to equity

Airtel said it has informed the Telecom Department about its decision

from The Hindu - Business

Rupee gains 11 paise to 74.31 against U.S. dollar in early trade

Forex traders said growing concerns over the Omicron variant as well as firm crude oil prices weighed on the local unit and contained the appreciating bias

from The Hindu - Business

Sensex surges over 330 points in early trade; Nifty tops 17,800

Titan was the top gainer in the Sensex pack, followed by ICICI Bank, PowerGrid, Kotak Bank, Reliance Industries and HDFC Bank.

from The Hindu - Business

Petrol, Diesel Fresh Prices Announced Today: Know Fuel Rates in Delhi, Mumbai, Other Places

Petrol, Diesel Price Today, January 7, 2022: Know how much you have to shell for auto fuel in Delhi, Mumbai, Bangalore, Hyderabad, Lucknow, Jaipur, Chennai, Trivandrum and other places in India

from Top Business News- News18.com

Monthly Rs 5,000 Pension With Income Tax Benefits: Know Details About this Govt Scheme

Atal Pension Yojana gives a pension of Rs 1,000 to Rs 5,000 to subscribers, upon reaching the retirement age of 60. It can be subscribed by people aged 18 to 40

from Top Business News- News18.com

Cryptocurrency Credit Card: How is it Different from Bank Credit Card? Know How it Works

Crypto credit cards are currently issued by BlockFi, Brex, Venmo, SoFi, Gemini, among others. Know how it works and whether you should get one or not

from Top Business News- News18.com

Thursday 6 January 2022

Reliance Industries Raises $4 Billion, Largest Foreign Currency Bond Issuance from India

The multi-tranche offer comprised of $1.5 billion in a 10-year tranche at 2.875 per cent coupon rate, $1.75 billion in a 30-year deal at 3.625 per cent rate, $750 million in a 40-year deal at 3.75 per cent coupon rate

from Top Business News- News18.com

Rupee falls 6 paise to 74.44 against U.S. dollar in early trade

On Wednesday, the rupee surged 20 paise to close at 74.38 against the U.S. currency.

from The Hindu - Business

Jet Airways says its VP-operations Sudhir Gaur has quit

The grounded airline in a regulatory filing clarified that Sudhir Gaur was not the interim CEO of the company.

from The Hindu - Business

Petrol, Diesel Price Update: Know How Much you Have to Pay for Fuel in your City Today

Delhi government was one of the last on the list to reduce VAT on petrol from 30 per cent to 19.4 per cent last month.

from Top Business News- News18.com

Sensex slumps over 450 points in early trade; Nifty slips below 17,800

HDFC was the top loser in the Sensex pack followed by HCL Tech, HDFC Bank, Infosys, Kotak Bank, Tech Mahindra and TCS.

from The Hindu - Business

Goldman Sachs says bitcoin will compete with gold as “store of value”

Bitcoin was trading around $46,073 on Wednesday, having struggled to make gains after falling sharply in early December. In November, it had hit an all-time high of $69,000.

from The Hindu - Business

Gold Price Today Sees Huge Drop; Over Rs 8,000 Down from Record High. Time to Invest?

Gold Price Today: On MCX, the gold contracts slipped 0.51 per cent to Rs 47,775 for 10 grams at 0928 hours on January 6

from Top Business News- News18.com

Smartphones of 15-20K range will be driven by 5G in 2022: Flipkart

According to Flipkart, most brands would focus on design, innovation and creative development to stay lighter, slimmer, more compact and different from the competition

from The Hindu - Business

Wednesday 5 January 2022

Petrol, Diesel Price: Petrol Price Today Announced; Check Fuel Rates in Your City

Petrol is retailing at Rs 95.41 in Delhi, while diesel prices have remained unaltered at Rs 86.67 per litre in the national capital.

from Top Business News- News18.com

Google buys Israeli security startup Siemplify for $500 million

The deal came after Google made a pledge to U.S. President Joe Biden last August to invest $10 billion in cybersecurity over the next five years, amid a significant rise in cyber attacks and data breaches.

from The Hindu - Business

Gold Price Today Below Rs 48,000; Silver Drops Sharply; Is it a Good Time to Invest?

Gold Price Today: On MCX, the gold contracts were little changed at Rs 47,951 for 10 grams at 0928 hours on January 5

from Top Business News- News18.com

Sensex falls nearly 150 points in early trade; Nifty slips below 17,780

After opening on a positive note, key stock indices turned negative in early deals

from The Hindu - Business

LIC IPO Coming Soon: Draft Paper Filing Likely this Month, Key Things We Know So Far

The LIC IPO is expected to get its draft papers filed with the Sebi by the third week of January, according to a report.

from Top Business News- News18.com

‘Foxconn plant unlikely to reopen until Jan. 7’

Unit was shut after workers’ protest

from The Hindu - Business

Musk’s Starlink to refund pre-orders

Billionaire entrepreneur Elon Musk’s Starlink satellite Internet venture told its members on Tuesday the Indian government had asked the company to re

from The Hindu - Business

‘India spent record $55.7 bn on gold imports in 2021’

‘Deferred weddings conducted last year spurred demand’

from The Hindu - Business

Airtel Payments Bank designated as scheduled bank

The Reserve Bank of India (RBI) on Tuesday said Airtel Payments Bank Ltd. has been included in the Second Schedule to the Reserve Bank of India Act,

from The Hindu - Business

Tuesday 4 January 2022

Sensex, Nifty firm up gains in opening session

The prominent gainers on the Sensex chart were NTPC, PowerGrid, Axis Bank, SBI, Bajaj Finance and RIL.

from The Hindu - Business

Petrol, Diesel Price Today: Petrol Price Today in Delhi at Rs 95.41; Check Fuel Rates

Petrol, diesel price today, January 4: Today petrol price in Kolkata at Rs 105.41 while petrol price in Pune stands at Rs 109.52

from Top Business News- News18.com

Analysis | Is Apple worth $3 trillion? Bulls, bears examine the case

Apple has built an ecosystem of 1 billion iPhone owners who spend money on services and that it is well-positioned for future categories like self-driving cars and augmented reality.

from The Hindu - Business

Banks To Remain Closed for 4 Days This Week; Check List of Bank Holidays in January

Bank Holiday 2022: Bank customers must keep in mind that banks will be closed for as many as four out of seven days this week, if we count from January 4.

from Top Business News- News18.com

Apple becomes first company to hit $3 trillion market value, then slips

On the first day of trading in 2022, the Silicon Valley company's shares hit an intraday record high of $182.88.

from The Hindu - Business

Apple Touches $3 Trillion Market Value, Becomes First Company To Do So

Apple Inc on Monday became the first company with a $3 trillion stock market value, lifted by investor confidence that the iPhone maker will keep launching bestselling products as it explores new markets such as automated cars and virtual reality.

from Top Business News- News18.com

Monday 3 January 2022

Sri Lanka on the Brink of Bankruptcy With Record High inflation and Mounting Dues

The country needs to repay an estimated $7.3 billion in domestic and foreign loans in the next 12 months

from Top Business News- News18.com

Gold, silver lose sheen

The Comex gold price is still coiling in a tight range, indicating a contraction in volatility.

from The Hindu - Business

Benchmark for life

Equity allocation can enhance your investment portfolio’s expected return

from The Hindu - Business

Crypto Exchange Firms CoinSwitch Kuber, CoinDCX, Others Face DGGI Ire for Evading GST

The crypto firms have been put under scanner at a time when India is under the process to prepare a legal framework to regulate how digital coins operate in India

from Top Business News- News18.com

Ask Us: On investments

The quantum of such pre-construction interest is to be divided equally in five instalments.

from The Hindu - Business

IPO Rush to Stay in March Quarter as Firms Aim to Raise Rs 44,000 Crore; Details Here

IPOs in 2022: A large portion of the total funds of Rs 44,000 crore this year will be gathered by companies driven by technology

from Top Business News- News18.com

Petrol, Diesel Price: Petrol Price Today Below Rs 100 in Many Cities; Check Fuel Rate Here

Petrol Price Today, January 3: Petrol price remains unchanged for almost two months. Petrol price in Delhi at Rs 95.41 on Monday

from Top Business News- News18.com

The importance of liquidity

Being cash rich is not important enough being liquid is

from The Hindu - Business

Sunday 2 January 2022

Bitcoin May Dash Towards $100,000 This Year. Should You Invest? What Analysts Say

Major corrections happened after Bitcoin peaked, but the crypto coin certainly entered 2022 with more gains than losses

from Top Business News- News18.com

India's Housing Market to See Robust Growth: Real Estate Trends to Look Out For This Year

Home sales and new launches in India showed a significant improvement in the period between July and September 2021

from Top Business News- News18.com

LIC, SBI Mutual Funds, OYO and More: Top 5 IPOs You Should Watch Out for This Year

IPOs in 2022: According to reports, there are as many as 35 companies waiting for Sebi approvals to float their IPOs in 2022, aiming to raise about Rs 50,000 crore.

from Top Business News- News18.com

Maruti, Hyundai passenger vehicle wholesales slid in December

Tata Motors, M&M register growth; continuing chip shortage plagues industry

from The Hindu - Business

Provident Fund, Fixed Deposit, Insurance and More: Savings Guide for You in 2022

ELSS funds invested for the long-term had delivered higher returns than traditional funds such as FD, PPF or NPS.

from Top Business News- News18.com

Explained | How will revised IPO rules affect the market?

What do the new SEBI norms state on preferential allotments and price band? Who benefits from the changes?

from The Hindu - Business

Saturday 1 January 2022

Market Outlook for 2022: High Valuations, Tight Measures to Affect Markets This Year

Rise in inflation and interest rate will bring changes in household and private sector investment pattern.

from Top Business News- News18.com

FinMin mandates ticket booking from 3 agents for govt.-funded air travels

The decision has been taken in view of the disinvestment of Air India.

from The Hindu - Business

Insurance Platforms Online Going to Disrupt Insurance Industry in 2022; Here's How

Even with the ongoing COVID-19 pandemic concerns, insurance companies are expecting more rapid growth in 2022

from Top Business News- News18.com

IRDAI tells Go Digit to pull out plan

Insurer ased to withdraw all advertisements

from The Hindu - Business

Wheat exports jumped to $872 million in April-October

Bangladesh top destination: Ministry

from The Hindu - Business

IPOs Boomed in 2021; What is the Potential Outlook for 2022? Experts Answer

The Reserve Bank of India in its Indian Economy Report had mentioned that 2021 could be India’s year of IPOs and that prediction came true.

from Top Business News- News18.com

Before and After Covid – 2021 Was A Redefining Era for Life insurance

The Covi-19 pandemic made potential risks to human life and business starkly visible

from Top Business News- News18.com