Business News
PTIMay 28, 2020
"We have lowered our growth forecast for fiscal year ending March 2021 to a 5 per cent contraction... We currently assume that the outbreak peaks by the third quarter," S&P said in a statement.
PTIMay 28, 2020
The rupee opened weak at 75.90 at the interbank forex market, down 19 paise over its last close.
ReutersMay 28, 2020
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6%. Stocks in China rose 0.44%, but shares in Hong Kong fell 0.23%.
Express Web DeskMay 28, 2020
The S&P BSE Sensex rose 595.37 points (1.88 per cent) to settle at 32,200.59. Likewise, the Nifty 50 too climbed 175.15 points (1.88 per cent) to end the day at 9,490.10.
APMay 28, 2020
Shortly after disclosing the job cuts, Boeing announced Wednesday that it has resumed production of the grounded 737 Max jetliner. Two deadly crashes of Max jets pushed Boeing into a financial crisis months before the
Harish DamodaranMay 28, 2020
Last year, by producing more ethanol, we took away 10 mt of sugar from the world market, but for which it would have collapsed,” Eduardo Leão de Sousa said in an interview to The Indian
Sunny VermaMay 28, 2020
Krishnamurthy Subramanian: ‘Significant uncertainty about growth … after Spanish flu, recovery was V-shaped’ Subscriber Only
Chief Economic Adviser Krishnamurthy Subramanian said it is difficult to make a reliable estimate on growth given the kind of uncertainty resulting from effects of COVID-19 pandemic.
ENS Economic BureauMay 28, 2020
All sectoral indices were in the green and institutional buying in banking stocks helped the bank index gain by over 7 per cent. The volatility is expected to continue, ahead of Thursday’s F&O expiry,” said
Pranav MukulMay 28, 2020
As of early Thursday, as many as four passengers, at least two of which were asymptomatic, had tested positive upon arrival.
Harish DamodaranMay 28, 2020
Brazil puts onus on India to ‘balance’ world sugar market Subscriber Only
Eduardo Leão de Sousa, executive director of Brazilian Sugarcane Industry Association, said Indian mills diverting more cane juice for ethanol will bring down sugar production and prop up global prices.
PTIMay 27, 2020
During the arguments, senior advocate Mukul Rohatgi appearing for JP Morgan India, said that on Tuesday, the Enforcement Directorate (ED) has attached the account of the multi-national firm to recover money to the extent as
PTIMay 27, 2020
The Volkswagen Secure and Power Lease initiatives provide customers the power and independence to purchase their favourite Volkswagen in a hassle-free, contactless and digitalised manner, Volkswagen Passenger Cars India Director Steffen Knapp said.
PTIMay 27, 2020
The NCDs will be issued on private placement basis in one or more tranches, Future Retail said in a BSE filing.
PTIMay 27, 2020
He further noted that work on national highways has been started on war-footing and the government plans to build highways worth Rs 15 lakh crore in the next two years.
PTIMay 27, 2020
The EoI submission deadline was May 2, but on March 31 it was extended up to June 13.
ReutersMay 27, 2020
Spot gold dipped 0.3% to $1,705.94 per ounce by 0502 GMT, after hitting its lowest level since May 13 of $1,703.40 earlier in the session. US gold futures were down 0.6% to $1,695.80.
ReutersMay 27, 2020
Brent crude futures fell 21 cents, or 0.6%, to $35.96 by 0120 GMT. US West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.9%, at $34.04 a barrel.
PTIMay 27, 2020
The rupee opened weak at 75.72 at the interbank forex market and then fell further to 75.74, down 8 paise over its last close.
ReutersMay 27, 2020
Hong Kong shares led declines among major regional indexes, with Hang Seng falling 0.46%, though it kept a bit of distance from a two-month low touched on Monday. MSCI's ex-Japan Asia-Pacific index lost 0.12%, with
Express Web DeskMay 27, 2020
The S&P BSE Sensex surged 995.92 points (3.25 per cent) to settle at 31,605.22, while the broader Nifty 50 ended at 9,314.95, up 285.90 points (3.17 per cent).
George MathewMay 27, 2020
Rajeswari, General Manager of New India Assurance, is set to replace AV Girija Kumar, who retires this month.
ENS Economic BureauMay 27, 2020
According to the SBI’s research report ‘Ecowrap’, gross domestic product (GDP) growth is likely to be 4.2 per cent for the full year of FY20.
Pranav MukulMay 27, 2020
In total, five companies — Uber India and South Asia, Ola, Zomato, Swiggy and Cure.fit — have together announced the reduction of around 4,441 jobs in the last one month.
Express Web DeskMay 26, 2020
On the flight movement on Tuesday, the aviation minister said the airports have handled 325 departures and 283 arrivals with 41,673 passengers till 5 pm.
BloombergMay 26, 2020
No green strings attached in Lufthansa’s bailout package Subscriber Only
Lufthansa Chief Executive Officer Carsten Spohr has previously said the airline, Europe’s biggest with over 760 jets pre-crisis, would slash emissions by investing in more fuel-efficient aircraft.
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