Business news

Nirmala Sitharaman

Lord Ganesha on Budget day: The untold, unwritten custom of Finance Ministry

Every Finance Minister starts his/her Budget day with Ganesh puja at the corridors of the Finance Ministry of the North Block, offering flowers to the lord, before heading to the Parliament for budget presentation as the Budget day is the most important day for any Finance Minister which evaluates his/her performance.

Feb 1, 2022

Sensex

Sensex up by 700 points as budget presentation begins; Adani Wilmar IPO subscribed 17 times

At 10:55 a.m., Sensex traded at 58,724 points, up by 710 points from the previous close, while the broader Nifty traded at 17,544 points, up 203 points

Feb 1, 2022

Citibank

Central bank liquidity, not fundamentals, driving extraordinary valuations: Citibank

"If you believe that it's all about the level of stimulus and it's about markets following fundamentals, and you think there's too much liquidity in markets - and that's where most of the Citi house view is - then actually you're still probably bullish." Citibank's global markets strategist told IANS during a briefing on the bank's 2022 outlook.

Jan 31, 2022

Sensex

Sensex up 800 pts ahead of tabling Economic Survey; Budget presentation tomorrow

The Economic Survey is an annual report card on the economy listing the performance of every sector and suggestions on future guidance

Jan 31, 2022

Google

Google unveils open-source differential privacy tool for Python developers

Tech giant Google has come up with a new product developed with OpenMined that allows any Python developer to process data with differential privacy.

Jan 29, 2022

Air India planes parked

Air India: History reveals iconic rise but fall in wrong hands [Chronology]

The government-owned international carrier's downfall is riddled with bad management decisions and poor human resource policies. We look into the history.

Jan 29, 2022

Dollar.

India's forex reserves fall by $678 mn for the week ending January 21

India's foreign exchange reserves fell by $678 million during the week ended January 21.

Jan 29, 2022

SBI

SBI won't hire women more than 3 months pregnant, deems "temporarily unfit"; draws ire [reactions]

India's largest public sector bank, SBI, amended its recruitment guidelines, prohibiting the appointment of women candidates more than 3 months pregnant.

Jan 28, 2022

Airtel Vodafone

Google acquires 1.28% stake in Airtel; invests up to $1 billion [details]

The $700 million equity investment in Bharti Airtel is at a price per share of Rs 734, while $300 million will go towards investments in scaling Airtel's offerings that covers a range of devices to consumers.

Jan 28, 2022

'Substantial rise in real interest rates could cause further selloff in US stocks'

Substantial rise in real interest rates could cause further selloff in US stocks: IMF

A sudden and substantial rise in real interest rates, or inflation-adjusted rates, could lead to a further selloff in US stocks, particularly in highly valued sectors, the International Monetary Fund (IMF) warned.

Jan 28, 2022

Sensex

Sensex, Nifty gain as value-buying starts

At 10.30 a.m., Sensex traded at 57,888 points, up 1.1 per cent or 611 points from the previous close of 57,276 points. It opened at 57,795 points. By 12:25 noon, it reached 58,048 points.

Jan 28, 2022

Maharaja returns home; Tatas hold answers to Air India's success [details]

Maharaja returns home; Tatas hold answers to Air India's success [details]

The aviation industry in India is touted third largest in the world, with an estimate of Rs 1.20 lakh crore. Air India is now in the hands of Tata Group, and experts believe it might just be what's needed to bring Maharaja's old glory back.

Jan 27, 2022

Air India Airbus A320 passenger aircraft.

Air India Revamp: New flight App, strategy for better OTP on anvil [details]

National carrier Air India under the Tata brand is set for major revamp in service standards as well as introduction of new passenger friendly amenities.

Jan 27, 2022

Air India Boeing 777.

Air India's divestment complete; Tata Sons takes over control [details]

The Centre on Thursday handed over the management control of national carrier Air India to a subsidiary of Tata Sons.

Jan 27, 2022

Air India Airbus A320 passenger aircraft.

Tata welcomes Air India back; Maharaja's control to be handed over to Tata Sons' subsidiary [details]

The management control of national carrier Air India is set to be handed over to a subsidiary of Tata Sons.

Jan 27, 2022

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