Business
Education, Financial Sectors Should be Focus Areas for Revenue Expenditure: Gita Gopinath
The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic. The Washington-based global financial institution, in its annual World Economic Outlook ahead...
Recovery is Underway After Worst Global Recession Since World War II: IMF MD
IMF A day after the International Monetary Fund forecast a global growth of six per cent for this year, IMF Managing Director Christine Georgieva has said that after the worst global recession since the Second World War, the recovery is underway. The outlook, she asserted, is brighter because millions...
Top Stocks for Investors on April 8
The stock market on Wednesday, April 7, gave a positive ending after the Reserve Bank of India (RBI) kept the repo rate unchanged at 4 percent in its monetary policy announcement. The indices on Thursday, April 8, are expected to give a higher opening as the SGX Nifty was...
Petrol, Diesel Prices Remain Unchanged for 9th Day; Check Today’s Rates in Metro Cities
A worker holds a nozzle to pump petrol into a vehicle at a fuel station. (File photo/Reuters) Petrol price in the national capital stands at Rs 90.56 per litre, Rs 90.77 in Kolkata, Rs 92.58 in Chennai, while its highest in Mumbai among metros at Rs 96.98. Petrol and...
Rate Rises by Rs 10 Per Gram, Silver Too Gains Marginally
The gold rates on Thursday, April 8, increased by Rs 10 as the price of one gram of 22-carat gold stood at Rs 4,430 from Rs 4,420 on the previous day. The price of 10 grams of 22-carat-gold jumped by Rs 100 to stand at Rs 44,300 from the...
Sensex Surges Over 300 Points in Early Trade; Nifty Tops 14,900
Equity benchmark Sensex surged over 300 points in early trade on Thursday, tracking gains in index heavyweights HDFC twins, ICICI Bank and Infosys amid a positive trend in global markets. The 30-share BSE index was trading 343.32 points or 0.69 per cent higher at 50,005.08, and the broader NSE...
Sensex Ends 84 Pts Higher After Choppy Trade; IT Stocks Rally
Equity benchmark Sensex ended 84 points higher after a volatile session on Thursday as concerns over rising coronavirus infections and resultant restrictions across the country kept investors on the edge. The 30-share BSE index settled 84.45 points or 0.17 per cent higher at 49,746.21. The broader NSE Nifty advanced...
Alibaba Fined $2.8 Billion for Violating Anti-Monopoly Rules in China
Chinese regulators have fined giant e-commerce giant Alibaba USD 2.8 billion on charges of violating anti-monopoly rules. The ruling Communist Party is tightening control over China’s biggest e-commerce and other internet companies and has warned them not to use their industry dominance to stifle competition. The State Administration for...
USTR Discusses TRIPS Waiver Proposal for Covid-19 Vaccines with GAVI’s CEO
US Trade Representative Katherine Tai, in a virtual meeting with GAVI’s CEO Dr. Seth Berkley, discussed, among other things, the proposed waiver of certain provisions of the WTO’s agreement on intellectual property rules for the manufacture of coronavirus vaccines. In the virtual meeting with Berkley on Friday, Tai discussed...
Abu Dhabi Crown Prince Honours Indian Business Tycoon Yusuffali with Top Civilian Award
Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed Bin Zayed Al Nahyan has honoured Indian-origin businessman Yusuffali MA and 11 other individuals with Abu Dhabi’s top civilian award for their noble and charitable contributions to the community. Yusuffali, 65, the Chairman...
