Travel sector recovery faces risks of rising air fares, new Covid-19 wave
While the peak summer season offers hope to travel companies, there is also the possibility of higher airfares dampening demand
Posted on 20 May 2022 | 11:37 am
Thailand begins to reopen bars, nightclubs to woo back tourists
Pubs and bars in provinces classified as green and blue zones will be allowed to serve patrons until midnight, Deputy Health Minister Satit Pitutecha told reporters in Bangkok on Friday after a meeting of the nation’s virus task force chaired by Prime Minister Prayuth Chan-Ocha.
Posted on 20 May 2022 | 11:31 am
People expect us to deliver, don#39;t lose focus: PM Modi#39;s mantra to BJP workers
In his virtual address to the party workers who had assembled in Jaipur, PM Modi also pitched for inducting people from all sections into the BJP and strive for achieving goals set for the next 25 years along with consistently working for fulfilling the aspirations of people
Posted on 20 May 2022 | 11:27 am
Sri Lanka appoints nine new cabinet members
"Nine cabinet ministers of the new all-party government took their oaths before President Gotabaya Rajapaksa,� a presidential news statement said.
Posted on 20 May 2022 | 11:23 am
Rossari Consolidated March 2022 Net Sales at Rs 438.93 crore, up 101.14% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
Endurance Techn Consolidated March 2022 Net Sales at Rs 2,078.80 crore, down 2.54% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
Surya Roshni Consolidated March 2022 Net Sales at Rs 2,301.38 crore, up 33.66% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
Rossari Standalone March 2022 Net Sales at Rs 261.64 crore, up 29.86% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
Kirloskar Oil Standalone March 2022 Net Sales at Rs 990.03 crore, up 8.25% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
Rubfila Intl Standalone March 2022 Net Sales at Rs 115.14 crore, up 14.77% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
Prince Pipes Standalone March 2022 Net Sales at Rs 901.20 crore, up 18.37% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
Surya Roshni Standalone March 2022 Net Sales at Rs 2,300.92 crore, up 33.65% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
JBF Industries Standalone March 2022 Net Sales at Rs 745.72 crore, down 4.11% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
Ramco System Consolidated March 2022 Net Sales at Rs 123.92 crore, down 17.31% Y-o-Y
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Posted on 20 May 2022 | 11:22 am
Home loans: Banks and housing finance companies that offer lowest interest rates
Several banks have already announced hike in interest rates on home loans linked to repo rates post RBI#39;s policy action on May 4, while others could increase their rates from June 1
Posted on 20 May 2022 | 11:16 am
Nirmala Sitharaman signals speedy recovery, projects 8.9% GDP growth for current fiscal
The finance minister underscored the importance of multilateralism and the spirit of global cooperation for economic recovery.
Posted on 19 May 2022 | 10:53 pm
Interest rates on the rise but hope remains for private investment cycle
India#39;s policy repo rate was raised on May 4 for the first time in nearly four years in response to elevated inflation numbers but higher interest rates may not kill the private investment cycle even before it takes hold
Posted on 19 May 2022 | 3:45 pm
Excerpt/deck/strap
Govt should focus on public policy framework; wealth creation private sector#39;s job: Amitabh Kant
Addressing #39;GovTech Summit 2022#39;, Kant further said India needs a very simple, efficient, and transparent government.
Posted on 19 May 2022 | 2:39 pm
Odisha govt approves Rs 429 crore for mega aluminium park
The decision in this regard was taken at a state cabinet meeting chaired by Chief Minister Naveen Patnaik here.
Posted on 19 May 2022 | 7:06 am
Distracting people won#39;t change facts, India looks lot like Sri Lanka: Rahul Gandhi
New Delhi, May 18 Former Congress president Rahul Gandhi on Wednesday hit out at the government over rising inflation and unemployment and said Indi..
Posted on 18 May 2022 | 6:30 pm
Finance Ministry to clarify doubts on applicability of TDS on perks received in business, profession
Joint Secretary in the finance ministry Kamlesh C Varshney said that such benefits and perquisites are income and were always taxable whether received in cash or kind.
Posted on 18 May 2022 | 2:55 pm
Cabinet amends biofuels policy, advances ethanol blending target to 2025-26
The Cabinet, headed by Prime Minister Narendra Modi, at its meeting on Wednesday approved the amendments to the National Policy on Biofuels, an official statement said.
Posted on 18 May 2022 | 2:27 pm
Cabinet allows PSU boards to suggest disinvestment, closure of subsidiaries, units
As per the Cabinet decision, the Alternative Mechanism will review the process of disinvestment and closure of units undertaken by PSUs.
Posted on 18 May 2022 | 2:12 pm
Inflation, unemployment making new records under #39;failed#39; governance of Centre: Sachin Pilot
The wholesale price-based inflation soared to a record high of 15.08 per cent in April mainly on account of spiralling prices of food, fuel and other commodities.
Posted on 18 May 2022 | 1:07 pm
Piyush Goyal tells stakeholders to resolve cotton price issue
Piyush Goyal asked the stakeholders to resolve the price rise issue with collaboration without pushing the government to intervene which, the minister warned, would have a long-term impact on cotton value chain, the ministry said in a release.
Posted on 18 May 2022 | 12:39 pm
India traders should fulfill local cotton, yarn demand before exports: Piyush Goyal
The minister#39;s comments came after textile mills in the southern state of Tamil Nadu, a leading exporter of garments, went on a two-day strike earlier this week demanding a ban on exports.
Posted on 18 May 2022 | 12:39 pm
RBI#39;s criticism for "delayed" rate hike unfair, says D Subbarao
Earlier this month, Monetary Policy Committee (MPC), the central bank’s rate-setting panel, surprised the markets with a 40 basis points hike in repo rate in an off-cycle policy meeting. It was also the first rate hike after August 2018, amid spiralling inflation.
Posted on 18 May 2022 | 12:37 pm
Need to re-estimate India#39;s threshold inflation of 6% as output gap closes, says RBI#39;s Michael Patra
While calling for a re-assessment of the threshold inflation rate, an article co-authored by the RBI deputy governor did not indicate whether this new estimate could be higher or lower than 6 percent.
Posted on 18 May 2022 | 12:22 pm
Wheat prices at 14-year high globally as India bans export
Ukraine#39;s production is expected to go down by 35 percent this year, and the world stock is down by 5 percent and is at a 6-year low, according to the latest report from the United States Department of Agriculture (USDA).
Posted on 18 May 2022 | 10:52 am
Travel sector recovery faces risks of rising air fares, new Covid-19 wave
While the peak summer season offers hope to travel companies, there is also the possibility of higher airfares dampening demand
Posted on 20 May 2022 | 11:37 am
Thailand begins to reopen bars, nightclubs to woo back tourists
Pubs and bars in provinces classified as green and blue zones will be allowed to serve patrons until midnight, Deputy Health Minister Satit Pitutecha told reporters in Bangkok on Friday after a meeting of the nation’s virus task force chaired by Prime Minister Prayuth Chan-Ocha.
Posted on 20 May 2022 | 11:31 am
People expect us to deliver, don#39;t lose focus: PM Modi#39;s mantra to BJP workers
In his virtual address to the party workers who had assembled in Jaipur, PM Modi also pitched for inducting people from all sections into the BJP and strive for achieving goals set for the next 25 years along with consistently working for fulfilling the aspirations of people
Posted on 20 May 2022 | 11:27 am
Sri Lanka appoints nine new cabinet members
"Nine cabinet ministers of the new all-party government took their oaths before President Gotabaya Rajapaksa,� a presidential news statement said.
Posted on 20 May 2022 | 11:23 am
Rossari Consolidated March 2022 Net Sales at Rs 438.93 crore, up 101.14% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
Endurance Techn Consolidated March 2022 Net Sales at Rs 2,078.80 crore, down 2.54% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
Surya Roshni Consolidated March 2022 Net Sales at Rs 2,301.38 crore, up 33.66% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
Rossari Standalone March 2022 Net Sales at Rs 261.64 crore, up 29.86% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
Kirloskar Oil Standalone March 2022 Net Sales at Rs 990.03 crore, up 8.25% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
Rubfila Intl Standalone March 2022 Net Sales at Rs 115.14 crore, up 14.77% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
Prince Pipes Standalone March 2022 Net Sales at Rs 901.20 crore, up 18.37% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
Surya Roshni Standalone March 2022 Net Sales at Rs 2,300.92 crore, up 33.65% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
JBF Industries Standalone March 2022 Net Sales at Rs 745.72 crore, down 4.11% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
Ramco System Consolidated March 2022 Net Sales at Rs 123.92 crore, down 17.31% Y-o-Y
NULL
Posted on 20 May 2022 | 11:22 am
Home loans: Banks and housing finance companies that offer lowest interest rates
Several banks have already announced hike in interest rates on home loans linked to repo rates post RBI#39;s policy action on May 4, while others could increase their rates from June 1
Posted on 20 May 2022 | 11:16 am
Thailand begins to reopen bars, nightclubs to woo back tourists
Pubs and bars in provinces classified as green and blue zones will be allowed to serve patrons until midnight, Deputy Health Minister Satit Pitutecha told reporters in Bangkok on Friday after a meeting of the nation’s virus task force chaired by Prime Minister Prayuth Chan-Ocha.
Posted on 20 May 2022 | 11:31 am
SEBI has developed algos to spot front running by employees at funds and brokerages: Sources
The sources say the regulator has been using its database to spot front running based on synchronized movement in prices of stocks purchased by funds, on the day of purchase.
Posted on 20 May 2022 | 11:08 am
SEBI has developed algos to spot front running by employees at funds and brokerages: Sources
The sources say the regulator has been using its database to spot front running based on synchronized movement in prices of stocks purchased by funds, on the day of purchase.
Posted on 20 May 2022 | 11:08 am
Glenmark Pharma gets final USFDA nod for generic version of Abiraterone Acetate tablets
The approval granted by the US Food and Drug Administration (USFDA) to Glenmark Pharmaceuticals Inc, USA (Glenmark) is for Abiraterone Acetate tablets of strength 500 mg, the company said in a statement.
Posted on 20 May 2022 | 10:27 am
CBI charge 30 anti-Vedanta protesters over deadly 2018 demonstration
The incident, the deadliest environmental protest in India in a decade, was condemned by a working group of United Nations’ human rights experts for the "excessive and disproportionate use of lethal force by police."
Posted on 20 May 2022 | 10:19 am
Uber says it raised fares to #39;cushion#39; drivers amid hike in fuel prices
The company said it always strives to make driving with Uber a viable and attractive option for drivers, and added that "the recent hike in fares will directly boost their earnings per trip�.
Posted on 20 May 2022 | 9:07 am
Dollar falls for first week in seven amid US yield retreat
The dollar index, which measures it against six major rivals, was down 1.5% for the week to 102.96, on track to snap a six-week winning run. A week earlier it had soared to the highest since January 2003 at 105.01.
Posted on 20 May 2022 | 8:23 am
Asian shares jump as China cuts key lending benchmark
China cut its five-year loan prime rate (LPR) by 15 basis points on Friday morning, a sharper cut than had been expected, as authorities seek to cushion an economic slowdown, though it left the one-year LPR unchanged. The five-year rate influences the pricing of mortgages.
Posted on 20 May 2022 | 8:13 am
Fed to plow ahead on half-point hikes, undeterred by stock slump
The Fed raised interest rates by 50 basis points earlier this month and Powell indicated it was on track to make similar-sized moves at its meetings in June and July, as well as start reducing the central bank’s bloated balance sheet. But in the months ahead, signs of a slowing economy and reduced price pressures would set the stage for a debate at the Federal Open Market Committee’s September 20-21 meeting on easing back to quarter-point hikes.
Posted on 20 May 2022 | 7:57 am
Morning Scan: All the big stories to get you started for the day
A round-up of the biggest articles from newspapers
Posted on 20 May 2022 | 7:38 am
Palm Oil’s slump set to deepen after Indonesia lifts export ban
Indonesia’s ban, which was imposed since April 28, was one of the biggest acts of crop protectionism since Russia’s invasion of Ukraine, which stymied exports of sunflower oil and worsened a global shortage.
Posted on 20 May 2022 | 7:31 am
SEBI comes out with new format for security cover certificate, revises timeline
The regulator also has put in place obligations of listed entity and debenture trustee (DT) with respect to preparation and submission of security cover format, according to a circular.
Posted on 20 May 2022 | 7:24 am
Canada bans China#39;s Huawei Technologies from 5G networks
Canada had been the only member of the Five Eyes intelligence-pooling alliance not to bar or restrict use of equipment from Huawei Technologies Co. Ltd. in its 5G networks. The U.S. and the other members — Britain, Australia and New Zealand — previously banned Huawei.
Posted on 20 May 2022 | 7:18 am
Elon Musk’s Twitter deal proceeding, not #39;on hold#39;, Executives tell staff
Vijaya Gadde, Twitter’s top lawyer and head of policy, also told workers at an all-hands meeting that there is “no such thing as a deal being on hold,� according to people who attended the meeting. She was pushing back on claims from Elon Musk over the past week that he is pausing the deal while he learns more about the number of bots and spam accounts on the social-media service.
Posted on 20 May 2022 | 7:15 am
Oil steady as economic worries offset possible China demand rise
Brent futures for July delivery fell 36 cents, or 0.3 percent, to $111.68 a barrel by 0015 GMT, while US West Texas Intermediate (WTI) crude fell 36 cents, or 0.3 percent, to $111.85 on its last day as the front-month.
Posted on 20 May 2022 | 6:41 am
