Pandemic woes, global uncertainties subdue stock markets
Mumbai, Aug 7 (IANS) Rising Covid-19 cases, along with the uncertainty surrounding global growth, subdued the Indian equity market on Friday.
Consequently, both the main...
Stock markets rise even with RBI leaving rates unchanged
Mumbai, Aug 6 (IANS) Despite a status quo in key lending rates, the Indian equity indices made healthy gains on Thursday.
The gains came on...
‘Indian economy might recover relatively faster from Covid downtrend’
New Delhi, Aug 4 (IANS) Exhuming confidence on India's long-term economic prospects, Maruti Suzuki's Managing Director & CEO Kenichi Ayukawa has said the Indian...
COVID-19 fallout: Fiscal deficit may rise 6.8 pc of GDP in FY21
New Delhi, Aug 3 (IANS) With economic disruptions set for a long haul due to COVID-19 pandemic, India could see its fiscal deficit this...
US stocks open higher as tech sector leads
New York, Aug 3 (IANS) US stocks opened higher on Monday, bolstered by solid gains in big tech names.
Shortly after the opening bell, the...
Global economy may lose over $100 bn of remittances in 2020
New Delhi, Aug 3 (IANS) As the world goes through an unprecedented recession amid the pandemic, global remittances may fall by $108.6 billion in...
US equities post mixed weekly results amid Fed decision
New York, Aug 2 (IANS) Wall Street's major averages posted mixed results in the week as investors digested the US Federal Reserve's latest policy...
India’s core industrial output down 15% in June
New Delhi, July 31 (IANS) The production rate of India's eight major industries remained deep in the red in June 2020, official data showed...
Global cues dent equities, financials fall
Mumbai, July 27 (IANS) Rising US-China tensions, along with a slide in stocks of financial companies, pulled the key domestic equity indices lower on...
Aditya Puri sells most of his stake in HDFC Bank for Rs 843 cr
Mumbai, July 26 (IANS) The MD of HDFC Bank, Aditya Puri has sold over 74.2 lakh shares, 95 per cent of his stake in...