business

Private consumption continued to shrink in Q3, projected to rebound in Q4

In a sign of recovery, demand for loans picked up in January based on Reserve Bank of India data.

‘Dance with Madhuri’ gets a COVID shot

Madhuri Dixit shares how her online app got a boost during lockdown. The app saw a 5x growth in the last 10 months. In the last 100 days, the user base has grown to 300,000, and 70 percent digital revenue comes from abroad. The actress and her husband are now looking for investors.

Technical View: Nifty forms Long Black Day pattern, India VIX jumps 23%

Positional traders should short the rally, preferably in the 14,650-14,700 zone with a stop above 14,920 on a closing basis and look for bigger targets, Mazhar Mohammad of Chartviewindia,in said.

Eight core industries' output up 0.1% in January

The core sectors had expanded by 2.2 percent in January 2020, according to the provisional data released by the Commerce and Industry Ministry on Friday.

Co-WIN 2.0 app to launch on March 1, walk-ins at vaccine sites allowed

People who are 60 plus will be registered automatically and for those between the age of 45 and 60, Co-Win 2.0 will ask for comorbidities clarification.

Gainers & Losers: Top 10 stocks that moved the most on February 26

Mid and small-caps came off better than their larger peers. The BSE midcap and smallcap indices ended 1.75 percent and 0.74 percent lower, while benchmarks Sensex and Nifty tanked 4 percent each.

The Market Podcast | Private sector banks likely to get rerated post FM announcement: Gaurav Garg of CapitalVia Global Research

The largest players in the private lending space such as ICICI Bank, HDFC Bank, and Kotak Mahindra Bank are going to get benefitted as they have a large retail client base, says Garg.

While Sensex crashed over 1,900 points, more than 200 stocks hit fresh 52-week high today

The March series started off with deep correction on the Street weighed down largely by rising bond yields and weak global cues, but some stocks withstood the storm

Taking Stock | Sensex, Nifty tank 4%; investors lose Rs 5 lakh crore in a single day

The overall market capitalisation of BSE-listed firms fell to Rs 206.18 lakh crore on February 26 from Rs 200.81 lakh crore in the previous session.

India Toy Fair 2021 begins virtually to promote ‘Vocal for Local’

India Toy Fair 2021: Multinational toy retailer Hamleys is the fair's title sponsor and set up its virtual booth on the platform.

Sony to unlock PlayStation 5 for internal storage upgrades in summer

Sony is also working to enable support for additional drives with a firmware update which would help unlock higher cooling-fan speeds, ensuring the console doesn’t overheat.

Paul Krugman writes: The paradox of pandemic partisanship

Joe Biden’s $1.9 trillion economic stimulus plan has many takers among Republicans too, a section of which believes that the election was stolen

Rupee tanks 104 paise to close at 73.47 against US dollar

At the interbank forex market, the local unit opened at 72.43 against the greenback, then lost further ground to touch an intra-day low of 73.51.

Fuel prices will come down as winter ends, says Oil Minister Dharmendra Pradhan

On February 26, the minister said that the increase in petroleum price in international market has affected consumers too.

In China, an electric-car maker loses money, but thinks big

Investors see promise in Nio, which has the advantage of being able to tap into China’s vast supply chain for electric vehicles

Was sure about divestment process being of no help: Enam's Sridhar Sivaram

“In our view, BPCL and Container Corporation of India (CONCOR) are possibly the best two companies currently that are being offered,” Sridhar Sivaram, Investment Director at Enam Holdings said

Exclusive | We’ll have a double-digit market share in FY22, says Shailesh Chandra, Tata Motors’ passenger vehicles czar

Tata Motors, once a laggard in the auto industry when it came to car sales within India, is suddenly firing on all cylinders. In just ten months, and with just five models, it has managed to script a surge in turnover, with Nexon sales doubling to 8,200 units a month. We look under the bonnet to find out what changed at the carmaker in such a short time

Surya Funcity Standalone December 2020 Net Sales at Rs 0.04 crore, down 90.86% Y-o-Y

RBI extends dates to apply for NUE licence to March 31

This comes after the central bank received several requests from various stakeholders including Indian Banks’ Association to extend the timeline.

Nirav Modi extradition: Here's a timeline of events

The Westminster Magistrates' Court said there is prima facie evidence of fraud against Nirav Modi, who is the main accused in the estimated $2 billion Punjab National Bank (PNB) scam case.

Budget provided clear roadmap to expand private sector participation: PM Narendra Modi

“The government's vision of the country's financial sector is very clear – with place for ifs and buts. Our top priority is to ensure that depositors and investors experience trust and transparency. The old ways and old systems of banking and non-banking sectors are being changed,” PM Modi said.

Experts say market correction along expected lines; Laurence Balanco of CLSA sees support for Nifty at 14,300 & 13,500

The correction was overdue as the market was trading at higher valuations and most of the positives had been factored in, say experts.

COVID-19 claim settlements have been swift after our intervention, says IRDAI chairman

There were a number of complaints by health insurance customers in 2020 about the delay in claim payments and also about the dropping of many components from settlement in the final hospital bill.

SpiceJet, HAL among six companies to set up aircraft leasing units in GIFT City

This follows the government announcing tax breaks for leasing companies in the Union Budget

Analysts upgraded these 16 stocks in February to 'buy' for 10%-29% upside

The outlook for many sectors has improved following various steps, including Budget proposals, announced to revive and accelerate economic growth