BUSINESS
Surging greenback sends commodities in the red amid stricter policies
The sharp fall in the commodities is majorly attributed to the strengthening of the greenback which has reached a multi-decadal high
INDIA
MC Explains | How the Modi govt plans to remove toll plazas on Indian highways
Going beyond FASTag, the road transport ministry is undertaking an ambitious target to phase out toll plazas across highways in India. This is how the plan may unfold.
BUSINESS
Stocks may decline 20% if Fed hikes rates to 4.5%, predicts billionaire investor Ray Dalio
Ray Dalio noted that the US yield curve will be relatively flat until there is an unacceptable negative effect on the economy.
MARKETS
FPIs are yet to participate meaningfully in long-term India growth story: Hitesh Jain of Yes Securities
Hitesh Jain, lead analyst - institutional equities at YES SECURITIES, talks about the key drivers behind strong FPI inflow and what could lead to foreigners becoming net sellers again.
BUSINESS
India likely to become world's third-largest economy by 2029: SBI report
India's share in world GDP is now at 3.5 percent, as against 2.6 percent in 2014, and is likely to cross four percent in 2027
BUSINESS
Moody's cuts India CY22 GDP growth forecast to 7.7% from 8.8%
The global credit rating agency has also lowered India's GDP forecast for CY23 to 5.2 percent from 5.4 percent
BUSINESS
CarTrade shares recover after early selloff, as anchor investor lock-in ends
The share has been hovering around Rs 630, almost 62 percent below its listing price
BUSINESS
Singer up over 40% in 2 days after Jhunjhunwala's RARE Investments picks up stake
RARE Investments, Rakesh Jhunjhunwala's investment firm, has bought 4,250,000 shares of Singer India at Rs 53.50 apiece
MARKETS
This little-known fintech has surged 21,000% since its July IPO
AMTD Digital, which provides loans and services to startups in exchange for fees, has generated only $25 million in revenue for the year ended April 2021
TECHNOLOGY
Google Pixel 6a available for pre-orders from today; check price, offers, specs
Google Pixel 6a will be available for purchase on Flipkart in India from July 28
BUSINESS
Remember Elon Musk hyping crypto? Well, Tesla dumps most of bitcoin holdings
Elon Musk said the sale was made to increase liquidity as Tesla was uncertain about how long the COVID-19 lockdown in China would last
BUSINESS
Tata Technologies plans to float IPO: Key things you should know about the company
Tata Technologies is also empanelled by Airbus in their engineering, manufacturing engineering, and services strategic supplier programme.
INDIA
Gold prices may rise by Rs 2,000 per 10 gm as govt hikes import duty
With domestic gold prices surging, demand is likely to take a hit at a time when the country is already grappling with high inflation, say analysts.
BUSINESS
Govt raises taxes on export of ATF, diesel and petrol; windfall tax on domestic crude oil
The government slapped a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel.
BUSINESS
As India puts off Elon Musk, Indonesia swoops in to grab Tesla manufacturing opportunity
Indonesian President Joko Widodo suggested Musk set up Tesla's entire supply chain in the country.
BUSINESS
Casino player Delta's gaming unit Deltatech files for Rs 550 crore IPO
Deltatech IPO: The offer comprises fresh issues of shares worth Rs 300 crore and an offer for sale of up to Rs 250 crore.
BUSINESS
RBL Bank investors reading too much into Subramaniakumar's DHFL stint?
The private lender had to calm nerves a day after RBL Bank shares tanked 23 percent after R Subramaniakumar, who oversaw the insolvency process of DHFL, was named the CEO
BUSINESS
'Uncertainty over inflation kills companies', finance guru Aswath Damodaran explains why
Aswath Damodaran says investors in the US should talk to people outside the country to get a hang of how inflation can be scary
BUSINESS
RBI Monetary Policy: Rate hike to UPI for credit cards, key takeaways from Guv Das' speech
The latest hike comes after the Reserve Bank announced a 40 bps increase in repo rate in an off-cycle policy move in May.
AUTOMOBILE
Kia rolls out EV6 at Rs 59.95 lakh base price: Check variants, range, other features
Kia EV6 comes equipped with an 800 volt rapid charging system which allows for a charge from 10 percent to 80 percent in just 18 minutes
BUSINESS
States can reduce fuel prices further, excise duty cut to ease inflation by 35-40 bps: SBI Research
The SBI report noted that recent measures by the government would ease inflation by 35-40 bps.
BUSINESS
LIC IPO dates and 9 highlights you need to know
At an expected mop-up of Rs 21,000 crore, the LIC IPO will be the largest public issue in the history of the Indian capital market as the government will dilute 3.5 percent stake in the state-run insurance giant by selling around 22 crore shares
BUSINESS
Watching Netflix on your friend's account? You need to know this
Netflix has customarily avoided the idea of putting curbs on password sharing but hinted on April 20 that the accommodative policy may change soon.
