Business news

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

Oil price rises as UAE quashes hopes of plugging gap in Russian shortfall

Oil prices rose on Thursday amid confusion over whether major producers would help to plug a gap in supplies from Russia, BBC reported.

Mar 11, 2022

After poll results, market to shift focus back on geopolitics: Emkay

India's financial market will focus again on the evolution of the geopolitical shocks and policy responses after a strong political outcome for the BJP.

Mar 11, 2022

Sensex, Nifty indices extend gains; Sensex up nearly 300 pts

India's benchmark equity indices extended their gains from the previous session and increased in the opening session on Friday.

Mar 11, 2022

TurboXBT Review 2022: Trading with Ease

TurboXBT's sole promise is a trading platform for short-term contracts, which it fulfills admirably

Mar 10, 2022

Sensex up over 1,200 pts, extend sharp gains

Sensex traded 2.3 per cent or 1,251 points up at 55,898 points, whereas Nifty 2.2 per cent or 361 points up at 16,706 points in the opening hour

Mar 10, 2022

UPI123Pay: Feature phones can make UPI payments without internet; see how it works [details]

Users can utilise the 123PAY functionality to make payments, recharge FASTags for automobiles, pay utility bills, and check the amount of their UPI-linked account.

Mar 9, 2022

Vishal Garg-led Better.com again fires workers in US, India in mass layoff

Indian-American CEO Vishal Garg-run digital mortgage company Better.com on Wednesday started laying off thousands of employees in the US and India who received severance cheques in the payroll app.

Mar 9, 2022

Oil prices at a 7-year high of $98 after Russia recognises breakaway rebel regions in Ukraine

Here's Why Credit Suisse has downgraded India and raised bet on China

Moreover, Russia has warned that if the West stops importing oil, oil prices may rise to $300 per barrel, and it may shut off the main gas pipeline to Germany.

Mar 9, 2022

Gold prices reach Rs. 55K per 10 gm amid Ukraine war, FII sell-off

Inflationary fears as well as Russia-Ukraine conflict pushed gold prices to Rs 55,000 per 10-gram on Tuesday.

Mar 9, 2022

Sensex, Nifty in green zone, above 525 and 131 pts on positive cues

At 11 a.m., it was trading at 53,949.55 or 525.46 (0.98%) and Nifty was trading at 16,144.65 or 131.20 (0.82%) above the previous closure

Mar 9, 2022

Sensex,Nifty extend losses as Russia-Ukraine war continues

India's key indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses from the previous trading session and declined in early trade on Tuesday.

Mar 8, 2022

War triggers global inflation, Sensex plunges by 1,515 pts, Rupee reaches 77, Brent at all-time high of $130 per barrel

War triggers global inflation, Sensex opened 1,515 points down on Monday as Indian Rupee reached 77 per US dollar while Brent crude stood at an all-time high of $130 per barrel

Mar 7, 2022

Russia switches to China's card system after Visa, Mastercard suspends operations [details]

It is pertinent to note that Russian banks have been barred from using the SWIFT global payments system by the United States, the United Kingdom, and the European Union.

Mar 6, 2022

The BharatPe Saga: How an astutely run business venture came apart

Coming from middle-class families, Ashneer Grover and wife Madhuri Jain Grover together built an astute business profile with a net worth of at least Rs 21,300 crore, before a heated and abusive telephone call with a Kotak Mahindra Bank's employee, that went viral in early January, triggered their downfall.

Mar 6, 2022

Price shocks due to war in Ukraine will have impact worldwide: IMF

Monetary authorities will need to carefully monitor the pass-through of rising international prices to domestic inflation, to calibrate appropriate responses.

Mar 6, 2022