Category: Business

Indian markets have a very strong upside momentum, and there are little signs of a trend reversal. Many sectors are at their all-time highs and have given a strong trend reversal from a downtrend.Earlier this year, metal stocks fell sharply, andIndian markets have a very strong upside momentum, and there are little signs of a trend reversal. Many sectors are at their all-time highs and have given a strong trend reversal from a downtrend.Earlier this year, metal stocks fell sharply, and

The government has initiated the process of privatising 2 subsidiaries – AIASL and AIESL – of erstwhile national carrier Air India, an official said. “The Department of Investment and Public Asset Management (DIPAM) has initiated investor meetings and roadshows to gaugeThe government has initiated the process of privatising 2 subsidiaries – AIASL and AIESL – of erstwhile national carrier Air India, an official said. “The Department of Investment and Public Asset Management (DIPAM) has initiated investor meetings and roadshows to gauge

Australian iron ore miner Fortescue Metals Group announced on Tuesday a USD 6.2 billion plan to eliminate fossil fuels and carbon emissions from its operations by the end of the decade. The world’s fourth-largest iron ore producer expects to save USDAustralian iron ore miner Fortescue Metals Group announced on Tuesday a USD 6.2 billion plan to eliminate fossil fuels and carbon emissions from its operations by the end of the decade. The world’s fourth-largest iron ore producer expects to save USD

Sensex gained more than 727 points in early trade on September 20, 2022 amid the continuous uncertainty prevailing over the quantum of US Federal Policy rate hike. It is worth mentioning that Federal Reserve meets today and if initial reports areSensex gained more than 727 points in early trade on September 20, 2022 amid the continuous uncertainty prevailing over the quantum of US Federal Policy rate hike. It is worth mentioning that Federal Reserve meets today and if initial reports are

The stocks of the Adani group are surging rapidly this year and show no signs of a trend change. In these conditions, Adani group plans to enter the cement space by acquiring one of the leading cement manufacturers in India, ACCThe stocks of the Adani group are surging rapidly this year and show no signs of a trend change. In these conditions, Adani group plans to enter the cement space by acquiring one of the leading cement manufacturers in India, ACC

Finance Minister Nirmala Sitharaman on Monday met International Finance Corporation (IFC) Managing Director Makhtar Diop and discussed increasing lending opportunities in India. IFC is the private sector funding arm of the World Bank. She reiterated India’s expectation of a rise inFinance Minister Nirmala Sitharaman on Monday met International Finance Corporation (IFC) Managing Director Makhtar Diop and discussed increasing lending opportunities in India. IFC is the private sector funding arm of the World Bank. She reiterated India’s expectation of a rise in

The Reserve Bank on Monday asked all large Urban Co-operative Banks (UCBs) to appoint chief compliance officers and put in place a board-approved policy for meeting regulatory norms. While the UCBs with deposits of more than Rs 10,000 crore (Tier 4The Reserve Bank on Monday asked all large Urban Co-operative Banks (UCBs) to appoint chief compliance officers and put in place a board-approved policy for meeting regulatory norms. While the UCBs with deposits of more than Rs 10,000 crore (Tier 4

India has enough wheat stock but the spike in retail prices is due to speculating trading, Food Secretary Sudanshu Pandey said on Monday and warned of taking stringent action against hoarders. Retail prices of wheat have risen by 19 per centIndia has enough wheat stock but the spike in retail prices is due to speculating trading, Food Secretary Sudanshu Pandey said on Monday and warned of taking stringent action against hoarders. Retail prices of wheat have risen by 19 per cent

To make it easier for farmers to get a Kisan Credit Card (KCC), Union Bank of India and Federal Bank on Monday launched pilot projects, the lenders said. Under the pilot projects, the lenders will do away with the need forTo make it easier for farmers to get a Kisan Credit Card (KCC), Union Bank of India and Federal Bank on Monday launched pilot projects, the lenders said. Under the pilot projects, the lenders will do away with the need for

Tata Consultancy Services (TCS) said on Monday it has been ranked number one by revenue among the top 30 suppliers of software and IT services (SITS) to the UK market by industry analyst firm, ‘TechMarketView’. The report is compiled through aTata Consultancy Services (TCS) said on Monday it has been ranked number one by revenue among the top 30 suppliers of software and IT services (SITS) to the UK market by industry analyst firm, ‘TechMarketView’. The report is compiled through a