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Sunday, May 16, 2021
covid insurance

Lessons to learn from first wave of COVID-19 pandemic

May 13, 2021 1:58:58 pm

Numerous people bought a term or health insurance policy fearing they might get infected with the virus anytime and may need hospitalisation or probably even die if the conditions worsen.

Asia shares alarmed by US inflation scare, count on calm Fed

May 13, 2021 11:46:13 am

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.9%, though trade was thinned by holidays in a number of countries.

petrol price today, diesel price today, petrol diesel price

Petrol and diesel prices in your city today, check here

May 13, 2021 11:05:09 am

Petrol and diesel prices: The price of petrol in Delhi currently stands at Rs 92.05 per litre while diesel is now selling at Rs 82.61. In Mumbai, petrol costs Rs 98.36, while diesel is retailing at Rs 89.75. Read below to find out fuel prices in your city.

bse, bombay stock exchange

Indian share, commodity and currency markets closed on account of Eid-Ul-Fitr

May 13, 2021 10:10:54 am

On Wednesday, the benchmark S&P BSE Sensex had ended 471.01 points (0.96 per cent) lower at 48,690.80, and the broader Nifty 50 on NSE had fallen 154.25 points (1.04 per cent) to settle at 14,696.50.

Elon Mus, Tesla, Bitcoin, Elon musk-bitcoin, Business news, Indian express

Tesla’s Musk reverses course on taking bitcoin, citing climate concerns

May 13, 2021 9:41:20 am

Musk on Wednesday said Tesla would not sell any bitcoin, and intends to use bitcoin for transactions as soon as mining transitions to more sustainable energy.

India received $83 billion in remittances in 2020: World Bank report

May 13, 2021 8:48:18 am

China, which received USD59.5 billion in remittances in 2020 against USD68.3 billion the previous year, is a distant second in terms of global remittances for the year gone by, as per the latest World Bank data released on Wednesday.

Foreign currency asset exposure to overseas lenders, central banks rises

May 13, 2021 3:02:19 am

Deposits with other central banks rose from $124.15 billion to $153.39 billion and deposits with overseas commercial banks went up from $7.43 billion to $23.42 billion, i.e. 4.36% of total foreign currency assets (FCA).

Facing low margins, demand yorker, refiners reduce run rate

May 13, 2021 3:01:33 am

The country’s overall demand for petroleum products has fallen as a result of the second Covid surge. Official data released on Wednesday showed that demand for petrol fell 13 per cent in April, while that for diesel dropped 7.5 per cent, compared to the previous month.

Low base effect pushes up IIP; cheaper food cools inflation

May 13, 2021 4:00:43 am

Manufacturing sector output surged 25.8 per cent in March 2021, while mining output rose 6.1 per cent and power generation increased by 22.5 per cent in March.

car sales, auto sales

Auto Sector Wholesales: Passenger vehicle sales hit lockdown bumper in April

May 13, 2021 4:00:54 am

The industry witnessed sales of 2,61,633 units in April as against sales of 2,90,939 units in March 2021.

inflation, food inflation, cpi

Retail inflation eases to 4.29% in April; IIP grows 22.4% in March: Govt data

May 12, 2021 10:42:34 pm

CPI Inflation Rate April, IIP Growth Rate March 2021: The retail inflation, measured Consumer Price Index (CPI) eased to 4.29 per cent in April. Separately, the factory output, measured in terms of Index of Industrial Production (IIP), grew by 22.4 per cent in March.

Pune ranks first, Delhi-NCR at bottom among top 8 cities on health infra parameters: Report

May 12, 2021 4:27:49 pm

The report ranks health infrastructure in India's most urbanised eight cities -- Ahmedabad, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai Metropolitan Region(MMR) and Pune -- on the basis of's City Health Card.

Toyota unfazed by chip shortage, forecasts rebound in profit

May 12, 2021 3:40:48 pm

Toyota also announced a $2.3 billion share buyback, a one-to-five stock split and set bigger targets for electric vehicles (EVs) production.

Tesla, Elon Musk, Chief Executive Elon Musk, Bitcoin, Tesla Bitcoin, Tesla news,

‘Do you want Tesla to accept Doge?’ Elon Musk asks Twitter users

May 12, 2021 2:58:34 pm

The question, in the form of a Twitter poll, comes days after he called dogecoin a "hustle," sending the meme-inspired cryptocurrency's price reeling after a 700% rally in a month.

UN raises global economic forecast to 5.4% growth in 2021

May 12, 2021 1:48:13 pm

In raising its projection from January of 4.7% growth, the UN’s mid-2021 World Economic Situation and Prospects report pointed to the rapid vaccine rollout in a few large economies led by the US and China and an increase in global trade in merchandise and manufactured goods that has already reached its pre-pandemic level.

Moody’s cuts India’s growth forecast to 9.3%, risks of longer-term scarring

May 12, 2021 12:44:25 pm

Moody's, which has a 'Baa3' rating on India with a negative outlook, said obstacles to economic growth, high debt and weak financial system contrain sovereign credit profile.

Duty-free giants hand out free flights to lure shoppers

May 12, 2021 11:52:59 am

Sales plunged as countries restricted international travel. Globally, only 1.8 billion people took scheduled flights last year compared with 4.5 billion in 2019, the International Civil Aviation Organization has said.

petrol price today

Fuel prices touch fresh record highs; Petrol breaches Rs 100/litre for the first time in Bhopal

May 12, 2021 10:51:43 am

Petrol and diesel prices: The price of petrol in Delhi currently stands at Rs 92.05 per litre while diesel is now selling at Rs 82.61. In Mumbai, petrol costs Rs 98.36, while diesel is retailing at Rs 89.75. Read below to find out fuel prices in your city.

Sensex tanks 471 points, Nifty ends below 14,700-mark

May 12, 2021 4:12:48 pm

The 30-share BSE index ended 471.01 points or 0.96 per cent lower at 48,690.80. Similarly, the broader NSE Nifty tumbled 154.25 points or 1.04 per cent to 14,696.50.

Falling passenger loads: Delhi Airport to temporarily shut Terminal 2

May 12, 2021 4:06:45 am

Delhi Airport has thus joined Mumbai Airport in consolidating operations at a single terminal due to low passenger numbers.

Equity mutual fund schemes see dip in inflows, debt funds garner over `1L cr

May 12, 2021 4:03:22 am

However, debt funds, led by liquid schemes, received inflows of Rs 1,00,903 crore last month against outflows of Rs 52,528 crore in March, according to data released by the Association of Mutual Funds in India (AMFI).

SEBI pitches for bringing in ‘person in control’ concept

May 12, 2021 3:56:43 am

It has also suggested reducing the minimum lock-in periods post a public issue for promoters and pre-IPO shareholders in a consultation paper released Tuesday.

tata motors

Tata Motors extends warranty and free service for owners till June 30

May 11, 2021 6:22:23 pm

Tata Motors said that all those passenger vehicle owners whose warranty and free service period are due to expire between April 1 and May 31, will get an extension till June 30.

Tata Motors reviewing CCI order on probe against commercial vehicle business

May 11, 2021 4:23:51 pm

Last week, the CCI had passed an order directing the Director General, CCI, to initiate investigation against the company for alleged abuse of dominant position with respect to dealership agreements in its commercial vehicles business in India.

Benign food prices likely dragged India’s April inflation to three-month low: Poll

May 11, 2021 3:00:35 pm

Consumer price inflation was predicted to cool to 4.20% in April, just above the RBI's 4% mid-point target and down from March's four-month high of 5.52%, according to the poll of nearly 50 economists taken over the past week.