Business news

US Fed will go for more aggressive rate hikes to curb inflation, says Powell; What it means for Sensex

US Federal Reserve Chairman Jerome Powell said that the central bank will, if required, move "more aggressively" to raise federal funds rate by more than 25 basis points at its policy meetings in an effort to curb inflation.

Mar 22, 2022

Sensex and Nifty extend losses, Sensex declines by 250 pts

India's key equity indices -- Sensex and Nifty -- extended their losses from the previous session to decline during early trade on Tuesday.On Monday, Sensex and Nifty fell 1 percent each.

Mar 22, 2022

Adani Green raises $288 mn construction facility, increases revolver pool to $1.64bn

Adani Green Energy Ltd (AGEL) has extended its Construction Financing Framework to $1.64 billion by raising a $288 million facility for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading international lenders.

Mar 21, 2022

Sensex, Nifty open a tad down in early trade, negative sentiment writ large today

Sensex, Nifty open a tad down in early trade showing that the markets are still under the spell of a negative sentiment owing to the prolonged war in Ukraine and skyrocketing prices of commodities

Mar 21, 2022

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

War Time: Russian oil exports to India quadrupled in March as Europe shuns cargoes

Russian oil exports to India have quadrupled this month in a sign of the vast reshaping of global energy flows since Russias invasion of Ukraine, Financial Times reported.

Mar 19, 2022

Zoom Call Firing: After Better.com, British firm P&O Ferries lays off 800 workers in 3 minutes

After Indian American CEO Vishal Garg laid off 900 workers of his company Better.com over a Zoom call in December last year, another company has laid off nearly 800 employees the same way.

Mar 19, 2022

Sensex, Nifty extend gains on global cues; Sensex up nearly 1,000 pts

India's key equity indices -- Sensex and Nifty -- extended their gains on Thursday from the previous session on global cues.

Mar 17, 2022

Chinese tech stocks tank over geopolitical risks, Covid lockdowns

Chinese tech stocks tank over Ukraine war risk, Covid lockdowns

Covid-19 lockdowns and China's position on the Ukraine conflict led to tech shares rout on Tuesday, slashing billions of dollars from the likes of Alibaba Group Holding and Tencent Holdings in Hong Kong, media reports said.

Mar 16, 2022

Samsung shareholders' meeting: CEO apologises for Galaxy S22 App throttling issue

Samsung Electronics Vice Chairman and co-CEO Han Jong-hee on Wednesday apologised for controversy around recently launched Galaxy S22 smartphone performance due to a pre-installed app.

Mar 16, 2022

KEYS Metaverse Will Award 888 Ethereum to the First Owners of VR Luxury Meta Mansions

Noah Kent says By democratizing access and scaling participation in the real estate industry, we envision unlocking creativity and economic opportunity that could not exist in our physical world because of the barriers to entry

Mar 16, 2022

Sensex, Nifty open in green; Sensex, Nifty up over 1% each

At 9.54 a.m., Sensex was 1.4 per cent or 777 points up at 56,554 points, whereas Nifty 1.3 per cent or 220 points up at 16,883 points.

Mar 16, 2022

Govt on Cryptocurrency: No plans to introduce and Reserve Bank of India does not issue cryptocurrency

There is no plan to introduce a cryptocurrency and currently, it is unregulated in India, Minister of State for Finance Pankaj Chaudhary told the Rajya Sabha in a written reply."Reserve Bank of India (RBI) does not issue cryptocurrency.

Mar 16, 2022

Sensex, Nifty a tad down in early trade

India's key equity indices -- Sensex and Nifty -- traded marginally lower in early session on Tuesday.

Mar 15, 2022

Sensex opens marginally high on Monday

India's key equity index, Sensex, extended its rally from the previous week and traded marginally higher during the early session on Monday.

Mar 14, 2022

First Covid and now Ukraine, global markets reel under blow after blow [details]

The Government of India and the RBI too will need to balance the growth-inflation paradox even as the fiscal math presented in the Feb'22 Union Budget comes under pressure in the ever-changing global macro backdrop.

Mar 13, 2022

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Business news

US Fed will go for more aggressive rate hikes to curb inflation, says Powell; What it means for Sensex

Sensex and Nifty extend losses, Sensex declines by 250 pts

Adani Green raises $288 mn construction facility, increases revolver pool to $1.64bn

Sensex, Nifty open a tad down in early trade, negative sentiment writ large today

War Time: Russian oil exports to India quadrupled in March as Europe shuns cargoes

Zoom Call Firing: After Better.com, British firm P&O Ferries lays off 800 workers in 3 minutes

Sensex, Nifty extend gains on global cues; Sensex up nearly 1,000 pts

Chinese tech stocks tank over Ukraine war risk, Covid lockdowns

Samsung shareholders' meeting: CEO apologises for Galaxy S22 App throttling issue

KEYS Metaverse Will Award 888 Ethereum to the First Owners of VR Luxury Meta Mansions

Sensex, Nifty open in green; Sensex, Nifty up over 1% each

Govt on Cryptocurrency: No plans to introduce and Reserve Bank of India does not issue cryptocurrency

Sensex, Nifty a tad down in early trade

Sensex opens marginally high on Monday

First Covid and now Ukraine, global markets reel under blow after blow [details]

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]