Business news

Shaktikant Das's tenure as RBI Governor extended for 3 years (Details)

Shaktikanta Das, a former IAS official from the 1980 batch, has held critical posts in the finance ministry. He has served as the secretary at the departments of revenue (DOR) and economic affairs (DEA).

Oct 29, 2021

IRCTC shares plunge but rebound later; Equity indices trade lower

Mixed global cues dented India's key equity indices - S&P BSE Sensex and NSE Nifty50 - during Friday's early-morning trade session.

Oct 29, 2021

Cryptocurrency Shiba Inu's Price Touches All-time High; Dwarfs Market Cap of Banking Giants Deutsche Bank, Societe Generale

The Dogecoin spinoff has surpassed the market cap of banking behemoths such as Deutsche Bank ($28.48 billion) and Societe Generale ($28 billion).

Oct 28, 2021

India's coal situation no longer a crisis: CIL allays fears, worries; says no need to panic [Exclusive]

As for the infamous four days' worth of stock reserves left at power plants, CIL's spokesperson says, "all that is water under the bridge now since our production and despatches are all on the upswing."

Oct 28, 2021

Banking stocks power equity indices' rise; Sensex closes 118 pts higher today

India's key equity indices - S&P BSE Sensex and NSE Nifty50 - made gains on Tuesday on the back of healthy buying amid better-than-expected quarterly results.

Oct 26, 2021

NSE IPO, national stock exchange ipo, NSE Mumbai, stock market india

Sensex, Nifty predictions: After some cooling in markets, expect rebound in expiry week

In the coming days we saw the bears claw back into the markets with guerrilla warfare tactics where they attacked individual stocks which had become momentum play and hammered them down substantially.

Oct 24, 2021

Yes Bank's Q2FY22 YoY net profit up over 74%

Non-interest revenue increased by 30.2 percent to Rs 778 crore from Rs 597 crore during the review period.

Oct 23, 2021

RIL reports Q2FY22 YoY net profit up by 46% to Rs 15,479 cr

Net profit for the quarter increased 44.1 per cent year on year to Rs 9,228 crore on a standalone basis.

Oct 23, 2021

From $67K to $8,200; Bitcoin's flash crash on Binance US triggers panic [details]

Bitcoin has crossed $65,000 per coin for the first time against all odds and experts had predicted the cryptocurrency may touch $100,000 before the snafu triggered panic.

Oct 22, 2021

Sensex opens in green but global cues, inflationary concerns dent equities; IT stocks fall

Nifty and Sensex opened in green on Thursday as value buying, global cues buoy sentiments but inflationary concerns dent equities and IT stocks fall

Oct 21, 2021

A screenshot from the Jashn-e-Riwaaz advertisement by FabIndia

Ad not related to Diwali, clarifies FabIndia as controversial festive ad kicks up row

The advertisement that poetically named their Diwali collection Jashn-e-Riwaaz was pulled down in the fear of a social media boycott.

Oct 19, 2021

Markets open on positive note; Sensex hovers above 61K

Sensex opened at 62,156.48 points and touched a high of 62,159.29 points. It touched a low of 61,964.41 points during the opening trade hour.

Oct 19, 2021

Sensex remains above 61K as global cues, positive macros push equities higher

Sensex today traded at 61,772.72 points around 11.25 a.m., up 466.77 points or 0.76 per cent.

Oct 18, 2021

Positive macros push equities higher; Sensex up over 61K points

Sensex on Wednesday opened on a positive note at 60,619.91 points and touched a high of 60,621.72 points, mainly pushed by upsurge in power sector stocks

Oct 14, 2021

Why governments across the globe are taxing major tech companies: Explained

It is pertinent to note that the IMF has also expressed some interest in the proposal.

Oct 13, 2021

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