A.V.P CHANEL: October 2021

Sunday, 31 October 2021

Gold Price Today Below Rs 47,700; Rs 9,500 Cheaper from All-time High Before Diwali

Gold Price Today, November 1, 2021: On the MCX, December gold price jumped 0.12 per cent to Rs 47,691 for 10 grams at 0955 hours on November 1

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Bank Holidays in November 2021: Banks to Remain Shut for 17 Days This Month; Dates Here

Bank holidays in November 2021: Banks will remain shut on Monday, November 1, in Bengaluru on the occasion of Kannada Rajyostsava

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Policybazaar IPO Opens: PB Fintech IPO GMP, Price, Strength, Risks; Should you Invest?

Policybazaar IPO Opens Today: Policybazaar and Paisabazaar operator PB Fintech, has fixed the price band for the IPO at Rs 940-980 per equity share. Let's take a look at the details of PB Fintech IPO IPO

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Petrol, Diesel Price Today Hiked for 6th Straight Day; Petrol at Rs 109.69 in Delhi

Petrol, diesel price today: Petrol and diesel prices were soaring at a new lifetime high on Monday, October 25. Petrol price in Delhi

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Deere Workers Would Get Immediate 10% Raises Under New Offer

Union workers at Deere & Co. would get wage increases of 10% in the first year and 5% each in the third and fifth years under a tentative contract reached between the farmequipment maker and the United Auto Workers union.

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India, UK to Enhance Solar Partnership, Launch Green Grids Initiative at COP26

The new Green Grids Initiative will mark a merging of flagship interconnection initiatives from India and the UK as part of their bilateral cooperation.

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PM Modi and Other G20 Leaders Visit Iconic Trevi Fountain in Rome

The historical fountain has drawn many filmmakers to it who have popularised the Baroque art-styled monument as the epitome of a place of romance.

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Saturday, 30 October 2021

Fuel Prices Hiked for 4th Straight Day; Petrol Crosses Rs 120 Mark in MP & Rs 115 in Mumbai

There was no change in rates between October 25 and 27, prior to which prices were hiked by 35 paise per litre each on four straight days.

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Make the Most of Health Insurance Policy With Top Up Plans: Things to Know Before Buying

A super top-up health insurance policy is a solution to safeguard against future healthcare needs

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Aadhaar Card Update: Step-by-step Process to eSign or Digitally Sign your Aadhaar

Having a digital copy of your Aadhaar card is always beneficial. Know how to do it online

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Matchboxes to Become Costlier Soon; Customers to Get More Matchsticks

All-India Chamber of Match Industry, in unison, decided that the price should increase, citing the proliferation in raw material cost

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SBI Life Insurance Policy Holders Must Know About These Latest Updates

Recently, SBI Life Insurance has announced four important updates via its Twitter handle, SBI Life Cares. Check all the details here.

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PF Update: EPFO Shares Tips to Prevent Online Frauds; All you Need to Know

If you have an EPFO account and received any such calls, you may report it to EPFO or other law enforcement agencies.

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Japan Votes In Test For New PM Kishida, Political Stability

Japanese voters decide on Sunday whether to endorse the conservative government or to weaken Prime Minister Fumio Kishida and possibly return the world's thirdlargest economy to a period of political uncertainty.

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No. 8 Michigan State Rallies To Beat No. 6 Michigan 37-33

Kenneth Walker ran for 197 yards and five touchdowns, helping No. 8 Michigan State top No. 6 Michigan 3733 in a thrilling comeback victory Saturday.

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Unhappy Halloween: Gaming Platform Roblox Crashes

To the dismay of millions of children -- and the parents trying to keep them busy and cope with their anguish -- the popular gaming platform Roblox crashed Friday, and the company was still trying to restore service Saturday.

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India Ready to Produce Over 5 Billion Covid Vaccine Doses by 2022 End: PM Modi at G20

Noting that the WHO approval for the emergency use authorisation for Covaxin is pending, India suggested that a nod for the jab will help India assist other countries.

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Delhi Liquor Prices Likely to Surge by Up to 10% on MRP After New Excise Policy

Under the Excise Policy 2021-22, all the 849 vends will be operated by private entities from November 17.

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Cryptocurrency Update: 6 Crypto Coins Rise Up To 13,430.08% in a Day; Check Details

Cryptocurrency Update: Bitcoin was priced at $61,607.78, up by 1.20 per cent over the past 24 hours.

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Pension Rule Change: Now, you can Open Atal Pension Account Online; How to Do it

The government has added the option of Aadhar eKYC whereby citizens can subscribe to the Atal Pension Yojana

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Banking Service Fee, LPG Cylinder, WhatsApp and Other Key Rule Changes from November

Bank of Baroda is going to charge service fees for banking charges. A look at all the other changes tht are to be implemented from November 1, 2021

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Indian-origin Pharma CEO Shot Dead by Gunman in US for Robbery

The police have arrested Jekai Reid-John and charged him with first-degree murder.

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Elon Musk, World's Richest Man, is Wealthier Than The Entire GDP of Pakistan

Currently, Elon Musk's net worth is $292 billion, which higher than Pakistan's GDP of $280 billion. Pakistan houses 220 million people.

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Elon Musk, World's Richest Man, is Wealthier Than The Entire GDP of Pakistan

Microsoft is Now the World's Most Valuable Company; Satya Nadella did it!

Apple Inc lost its crown as as the world's most valuable public company to Satya Nadella's Microsoft Corp

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Gautam Adani's Adani Group Buys Minority Stake in Cleartrip

Gautam Adani's Adani Group on Friday announced the investment of an undisclosed amount in Cleartrip Pvt Ltd for a minority stake to promote seamless travel

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Friday, 29 October 2021

Current Account Opening Rules Changed: All you Need to Know

The Reserve Bank of India's new current account rules are beneficial for borrowers who have exposure of less than Rs 5 crore to the banking system.

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Petrol Price Today Hiked to Rs 108.99 in Delhi, Rs 114.81 in Mumbai; Check Fuel Rates

Petrol, diesel price today: Petrol price today was hiked by around 35 paise across the country. Fuel rates today rose to a fresh lifetime high

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Wall St Week Ahead: Stocks Approach Historically Strong Period But Fed Taper Looms

Investors are weighing whether momentum from the stock market's recordbreaking rally will continue in the last two months of 2021, a traditionally strong calendar period for equities but a stretch that may carry more risks than usual this year.

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Apple, Amazon Fall; US Steel, Newell Rise

Stocks that traded heavily or had substantial price changes Friday:

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Thursday, 28 October 2021

US Average Mortgage Rates Rise; 30-year Sat 3.14%

Average longterm mortgage rate rose this week as inflation pressures, the coronavirus pandemic and some supply shortages linger.

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Starbucks Workers Will Vote On Union At 3 Buffalo Stores

Workers at three Starbucks stores in Buffalo, New York, will hold union elections next month after winning a case before the National Labor Relations Board.

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Starbucks Sales Miss As COVID-19 Resurgence Hits China

Starbucks Corp missed market estimates for quarterly samestore sales on Thursday, as a COVID19 resurgence in China closed stores in several major cities and overshadowed a strong performance by its U.S. business.

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US Road Deaths Spiked 18% To 20,000 In 2021's First Half

The number of U.S. traffic deaths in the first half of 2021 hit 20,160, the highest firsthalf total since 2006, the government reported Thursday.

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Apple Posts Big Quarter, But Not Enough To Ease Supply Fears

Apples iPhone sales soared yet again in the past quarter, but didnt grow as rapidly as analysts anticipated, a sign the companys momentum may be slowing amid supply shortages that have made it more difficult to meet the demand for a wide range of products.

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Starbucks Posts Record Quarterly Sales Thanks To US Business

Starbucks on Thursday reported record quarterly sales thanks to its robust U.S. business that helped make up for weakness in China and other markets.

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Starbucks Posts Record Quarterly Sales Thanks To US Business

Facebook Changes Name To Meta As It Refocuses On Virtual Reality

Facebook Inc is now called Meta, the company said on Thursday, in a rebrand that focuses on investing in the "metaverse," a shared virtual environment that it bets will be the successor to the mobile internet.

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Facebook Changes Name To Meta As It Bets Big On Virtual Reality

Facebook Inc is now called Meta, the company said on Thursday, in a rebrand that focuses on its ambitions building the "metaverse," a shared virtual environment that it bets will be the next big computing platform.

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How Major US Stock Indexes Fared Thursday

Stocks closed broadly higher on Wall Street Thursday, marking more record highs for the S&P 500 and the Nasdaq.

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How Major US Stock Indexes Fared Thursday

Stocks closed broadly higher on Wall Street Thursday, marking more record highs for the S&P 500 and the Nasdaq.

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Starbucks Sales Disappoint As COVID-19 Resurgence Hits China

Starbucks Sales Fall Short As China Hit By COVID-19 Resurgence

Global Equities, U.S. Yields Rise Despite Weak U.S. Economic Growth Data

Global equities moved toward record highs on Thursday and U.S. Treasury yields rose as investors discounted weak U.S. economic growth data to retain their focus on strong corporate results and interest rate expectations amid rising inflation.

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Dollar Holds Losses To Euro After ECB Comments, Economic Data

The dollar held losses to the euro and British pound late on Thursday as currency traders digested moves in interest rate markets, comments by the European Central Bank President Christine Lagarde and a weakerthanexpected U.S. economic report.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for December delivery rose 15 cents to $82.81 a barrel Thursday. Brent crude oil for December delivery fell 26 cents to $84.32 a barrel.

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Facebook Inc Rebrands As Meta To Stress 'Metaverse' Plan

Oakland (US), Oct 28 (AP) Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future what Zuckerberg calls the metaverse. Sceptics point out that it also appears to be an attempt to change the subject from the Facebook Papers, a leaked document trove so dubbed by a consortium of news organizations that include The Associated Press. Many of these documents, first described by former Facebook employee-turned-whistleblower Frances Haugen, have revealed how Facebook ignored or downplayed internal warnings of the negative and often harmful consequences its algorithms wreaked across the world..

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Facebook Inc Rebrands As Meta To Stress 'Metaverse' Plan

Facebook Rebrand: A Look At Other Corporate Name Changes

Facebook announced Thursday that it is changing its name to Meta Platforms Inc., joining a long list of companies that have tried to rebrand themselves over the years.

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Azim Premji Donated Rs 27 Cr Per Day in FY21, Retains Top Giver Rank

The second richest Indian Gautam Adani is eighth on the givers' list with a donation of Rs 130 crore towards disaster relief.

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Bharat Biotech's Covaxin Now in Oman's List of Approved Covid-19 Vaccines

The vaccine major cited a press release issued by the Embassy of India, Muscat, in this regard.

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Setback for Bharti Airtel: SC Allows Centre's Plea Against Rs 923 crore GST Refund

In May 2020, a two-judge bench of the Delhi High Court allowed Bharti Airtel to seek GST refunds and also directed the government to verify the excess GST claim.

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IRCTC Stock Surges 15% as Scrip Turns Ex-stock Split in 1:5

On August 12, IRCTC announced a split of one equity share of the face value of Rs 10 into five equity shares of the face value of Rs 2

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Wednesday, 27 October 2021

Petrol Price Today Hiked to Rs 108.29 in Delhi, Rs 114.14 in Mumbai; Check Fuel Rates

Petrol Price Today, October 28, 2021: In Mumbai, petrol can be bought at Rs 114.14 per litre, while diesel costs Rs 105.12 per litre

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PPF Withdrawal: Partial Withdrawal, Premature Account Closure Rule Explained. Details Here

PPF Update: An account holder can withdraw all the money from his or her PPF account after 15 years. However, there are certain exceptions

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Nykaa IPO Opens Today: Price Band, GMP, Strength, Valuation; Should you Subscribe?

Nykaa is the largest specialty beauty and personal care (BPC) retailer in India in terms of value of products sold in the financial year 2021. Should you invest in Nykaa IPO?

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Samsung Expects Component Shortages To Affect Some Chip Demand After 3-year Profit High

Samsung Electronics Co Ltd said on Thursday it expects component shortages to affect chip demand from some customers in the current quarter, after reporting its highest quarterly profit in three years.

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Starbucks Raising US Workers' Pay As Union Effort Looms

Starbucks said Wednesday it is raising its U.S. employees pay and making other changes to improve working conditions in its stores.

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Starbucks Raising US Workers' Pay As Union Effort Looms

BOJ Set To Hold Fire As Inflation Struggles For Lift-off

The Bank of Japan is set to keep monetary policy settings steady on Thursday and project inflation to stay below its 2% target for at least two more years, reinforcing market bets it will lag other central banks in dialling back crisismode policies.

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BOJ Set To Hold Fire As Inflation Struggles For Lift-off

How Major US Stock Indexes Fared Wednesday

Stocks faded in the last hour of trading and ended mostly lower Wednesday, a day after the S&P 500 and the Dow Jones Industrial Average set their latest record highs.

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Texas Instruments, Cortexyme Fall; Microsoft, Enphase Rise

Stocks that traded heavily or had substantial price changes Wednesday:

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An Author's Reminder: Philanthropy Isn't Defined By Money

Lucy Bernholz talks about Chex Mix a lot.

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Currency Markets Steady After Hawkish Bank Of Canada Comments

Major currencies steadied again late on Wednesday after surprising statements from the Bank of Canada provided a burst of volatility in what have been a relatively calm markets.

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Tuesday, 26 October 2021

Visa Beats Profit Estimates On Travel, Online Spending Boom

Visa Inc reported a rise in quarterly profit on Tuesday that beat Wall Street estimates, as the world's largest payment processor benefited from a pickup in travel with economies reopening worldwide and more people shopping online.

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Visa Beats Profit Estimates On Travel, Online Spending Boom

Feds: Ohio Stock Trader Fleeced Twitter Users In Pump-&-dump

An Ohio trader in penny stocks was arrested Tuesday on charges alleging he earned over $1 million illegally by lying repeatedly to his over 70,000 Twitter followers to get them to buy stocks in what authorities are calling a new social mediainfused twist on an old stock manipulation game.

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Feds: Ohio Stock Trader Fleeced Twitter Users In Pump-&-dump

Shares Dive In Blank-check Company Linked To Trump Social Venture

Shares in Digital World Acquisition Corp, the blankcheck company that plans to publicly list former U.S. President Donald Trump's new social media venture, lost almost a third of their value on Tuesday, a second straight daily decline after a steep rally last week.

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Robinhood's Growth In The Summer Slowed As Trading Calmed

The meteoric growth of Robinhood Markets is coming back to earth, much like its stock price.

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Twitter Posts Q3 Net Loss Due To Lawsuit Settlement

Twitter posted a net loss Tuesday due mostly to a lawsuit settlement, but its revenue rose sharply in the third quarter, boosted by solid ad sales around the globe.

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U.S. SEC Obtains Asset Freeze To Halt Alleged Penny Stock Scheme On Twitter

The U.S. Securities and Exchange Commission said on Tuesday it filed an emergency action, and obtained an injunction and asset freeze, against an individual for allegedly committing securities fraud through a scheme to manipulate stocks using Twitter.

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UPS, Hasbro Rise; Corning, Lockheed Martin Fall

Stocks that traded heavily or had substantial price changes Tuesday:

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Google Ads Gain Fuels Profit For Parent Company Alphabet

A continued rebound in digital ad spending at Google drove its parent company's profit up 68% in the third quarter.

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Google Ads Gain Fuels Profit For Parent Company Alphabet

A continued rebound in digital ad spending at Google drove its parent company's profit up 68% in the third quarter.

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Robinhood Quarterly Revenue Jumps On Crypto Boost

Robinhood Markets Inc posted a 35% jump in thirdquarter revenue on Tuesday, as cryptocurrency trading helped offset the hit from retail investors becoming less active after powering a frenzied rally in socalled "meme stocks" earlier this year.

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Robinhood Quarterly Revenue Jumps On Crypto Boost

Alphabet Beats Sales Estimates On Google Ad Surge

Google owner Alphabet Inc on Tuesday beat expectations for thirdquarter revenue, a positive sign that its advertising business is overcoming new limits on tracking mobile users and sending its shares up slightly.

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Microsoft Profit Up 24% In Quarter, Driven By Cloud Growth

Growth in Microsoft's cloud computing business helped push its profit up 24% in the JulySeptember quarter over the same time last year.

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Twitter Falls Short Of User Estimates, Avoids Hit From Apple Privacy Changes

Twitter Inc on Tuesday missed Wall Street expectations for user growth as it faced competition from rival apps like TikTok for people's time, while it reported quarterly revenue in line with estimates.

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Twitter Falls Short Of User Estimates, Avoids Hit From Apple Privacy Changes

Factbox-Tesla Market Cap Eclipses That Of Top 5 Rival Carmakers Combined

Tesla Inc surpassed $1 trillion in market value on Monday, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp, Volkswagen AG, Daimler AG, Ford Motor Co and General Motors.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for December delivery rose 89 cents to $84.65 a barrel Tuesday. Brent crude oil for December delivery rose 41 cents to $86.40 a barrel.

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Closing Prices For Crude Oil, Gold And Other Commodities

SBI ATM New Rule: How to Withdraw Cash Using OTP to Avoid Frauds

State Bank of India will now send you OTPs to withdraw cash from ATMs. This move is aimed at battling ATM frauds.

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Multibagger Stock: Prices of This Realty Firm Surged by 700% in 1 Year

The price of one stock of realty firm Arihant Superstructures was around Rs 20 in October 2020 and it is rallying around Rs 161 now.

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PM KISAN Scheme Rules Changed: Here Are The Documents You Need

The Central government has made it mandatory for the beneficiary to have a ration card to register for the scheme.

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Cryptocurrency Update: 6 Crypto Coins Gain Up To 1,178.28%. Check Details Here

Cryptocurrency Update: Bitcoin saw an increase of 0.01 per cent over the last 24 hours. Ethereum, Solana followed its lead in the cryptocurrency market

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IPL: Sanjiv Goenka Returns With Rs 7,000 Cr Lucknow Team. A Look at New Owner, Future Plans

RP Sanjiv Goenka Group was the owner of Rising Pune Supergiant during IPL 2016 and 2017. Now the franchise will own the Lucknow team in IPL 2022

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Monday, 25 October 2021

This CEO didn't Want a Penny for his Code, Accidentally Built a $28-billion Startup

Databricks, which started in 2013, only started making profits in the recent days when Ali Ghodsi, one of the co-founders, was chosen as the new CEO

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Bank Holidays in November: Banks to Remain Shut for 17 Days Next Month; Check Dates

Bank Holidays in November 2021: Out of the 30 days in the month, banks in India will remain closed for 17 days amid extended festivities

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Petrol, Diesel Price Today Remain Unchanged, Still at All-time High. Know Rates

Petrol, Diesel Price Today, October 25, 2021: Fuel prices remain unchanged; petrol rate in Bengaluru at Rs 111.38 per litre

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Bitcoin Price Today Nears $62,900, Ether, Binance Jump; Know Top Crptocurrency Rates

Bitcoin price surged 1.71 per cent in the last 24 hours to $62,811.91 at 0816 hours on October 26, according to coinmarketcap.com

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SPAC Linked To Trump Social Media Venture Edges Lower As Short Seller Targets

Shares of the blankcheck acquisition company that plans to publicly list former U.S. President Donald Trump's new social media venture fell on Monday after an eyewatering rally last week, as a shortseller said it was betting against the company.

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SPAC Linked To Trump Social Media Venture Edges Lower As Short Seller Targets

Union Vote At Amazon''s NY Warehouse Big Step Closer

New York (AP) The National Labor Relations Board said there was sufficient interest to form a union at an Amazon distribution centre in New York, after union organisers on Monday delivered hundreds of signatures to the agency a key step in authorising a vote that could establish the first union at the nation's largest online retailer. This is the second unionising attempt in the past year at Amazon. Workers in Alabama resoundingly defeated an effort earlier this year, but organisers there are asking federal officials for a do-over..

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CDC Extends Cruise Line Health Rules Until Mid-January

Federal health officials on Monday extended for nearly three more months its rules that cruise ships must follow to sail during the pandemic.

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Airbus Executive Says Output Goal Based On Jet Deals

A senior Airbus official on Monday defended the European planemaker's output goals after it clashed with leasing companies worried about overproduction of jetliners.

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Kellogg Co. Offers To Restart Talks With Striking Workers

The Kellogg Co. is trying to persuade its 1,400 striking cerealmaking workers to return to the bargaining table.

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Stocks Gain As Upbeat Wall St Earnings Lift Outlook

Global stocks rose and Treasury yields dipped on Monday with major Wall Street benchmarks hitting fresh records, buoyed by a robust start to the U.S. corporate earnings season and an improving economic outlook.

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Business Highlights: Facebook's Conflict, Hertz Buys Teslas

Amid fallout from the Facebook Papers showing its failure to address the harms its social network has created around the world, Facebook on Monday reported higher profit for the latest quarter, buoyed by strong advertising revenue. Also on Monday, Facebook whistleblower Frances Haugen told British lawmakers that the social media giant stokes online hate and extremism, fails to protect children from harmful content and lacks any incentive to fix the problems. Haugen spoke Monday before a parliamentary committee thats working on legislation to rein in the power of social media companies. Her sharp comments are providing momentum for efforts by European governments working on stricter regulation of tech giants.

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Facebook Invests Billions In Metaverse Efforts As Ad Business Suffers

Facebook Inc said on Monday it will break out its division focused on hardware, virtual and augmented reality into a new reporting segment, as its main advertising businesses face "significant uncertainty."

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Tesla, Moderna Rise; Kimberly-Clark, Restaurant Brands Fall

Stocks that traded heavily or had substantial price changes Monday:

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Tesla, Moderna Rise; Kimberly-Clark, Restaurant Brands Fall

Stocks that traded heavily or had substantial price changes Monday:

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Treasury Department Names First Counselor For Racial Equity

The Treasury Department has hired a former JPMorgan Chase executive to head a new government program aimed at combatting racial inequality issues in banking and other financialservices industries.

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Dollar Steadies After Bounce Off Of One-month Low

The dollar steadied on Monday afternoon after bouncing off a onemonth low as traders weighed the prospects of higher interest rates for different currencies and considered how coming economic data and central bank comments could impact their positions.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for December delivery was unchanged at $83.76 a barrel Monday. Brent crude oil for December delivery rose 46 cents to $85.99 a barrel.

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Online Money Transfer: IMPS, NEFT, RTGS Transaction Limit, Timings, All you Need to Know

Online Money Transfer: IMPS, NEFT, RTGS can be used by Indians to transfer funds any time without the involvement of bank staff

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Cryptocurrency Update: 6 Crypto Coins Surge Up To 590.38% in a Day. See Top Gainers

Cryptocurrency Update: Bitcoin value surges over past 24 hours, Shiba Inu value increases over 50 per cent in the weekend.

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TCS, Infosys, Wipro, IT Companies on Hiring Spree, to Recruit 1 Lakh Freshers this Year

IT hiring: TCS, Wipro, HCL Technologies, Infosys looking to employ more than one lakh freshers soon. Know details on freshers hiring

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Sunday, 24 October 2021

Life Certificate Submission Last Date Nears: How to Submit it without Visiting Banks

Life Certificate submission last date: Pensioners must submit Jeevan Pramaan Patra by November 30. Know how to submit life certificate for pensioners online

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Gold Price Today Rises Near Rs 47,900; Will Yellow Metal Rate Jump Further before Diwali?

Gold Price Today, October 25, 2021: MCX, December gold price rose 0.21 per cent to Rs 47,895 for 10 grams at 0920 hours on October 25

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Petrol Price Today at Rs 113.46 in Mumbai, Record High. Check Fuel Rates in India

Petrol, Diesel Price Today, October 25, 2021: Rs 107.59 for 1 litre of petrol in Delhi, diesel nears Rs 100-mark in Kolkata. Fuel prices still at all-time high

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Pakistan PM Aide Accuses United States, India of Making Attempts to Sabotage CPEC

Imran Khan's aide also said Islamabad was seeking CPEC expansion to Afghanistan and has discussed possibility of Taliban-led Afghanistan joining the economic corridor.

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High-level Panel Discussing Corrective Actions Based on Kozhikode Plane Crash Report: Official

The panel has also been asked to look into the status of the implementation of the AAIB's recommendations following its probe into the plane crash at Mangalore airport in May 2010

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Fisdom Launches Stock Broking Services: Industry-first Features with Subscription, Know More

Fisdom is a one-stop solution for a broad customer base who are looking for aid across savings, investments, and protection, the company claimed

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Govt Likely to Introduce 2 Key Financial Sector Bills in Winter Session

The government is likely to table amendments in the Banking Regulation Act, 1949, during the forthcoming Winter Session of Parliament.

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Saturday, 23 October 2021

Bank Locker Rules Changed: Are you Using a Locker? Key Updates you Must Know

If the locker rent is taken in advance, a suitable amount of the advance amount collected will be returned to the customer. Know all the recent changes in bank locker rules

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CoinDCX New Facility: Buy or Sell Cryptocurrency Without Worrying About Price Volatility

CoinDCX's newly launched OTC Desk facility will help in risk management when executing large trades

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LIC Jeevan Umang Policy can Get you up to Rs 28 lakh Return for Rs 1,302 per Month

LIC Jeevan Umang is a whole-life insurance plan. Know features, eligibility, benefits and other details

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Sri Lanka Seeks USD 500-million Loan from India for Fuel Purchases Amid Forex Crisis

The new prices were effective from Thursday midnight in the wake of the rising global oil prices.

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IGRUA, Drone Destination Sign Pact with Haryana Govt for Drone Training

IGRUA has partnered with Drone Destination to provide drone training across India.

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PPF Update: Interest, Eligibility, How to Open PPF Account, Tax Benefits

Public Provident Fund details: PPF offers a 7.1 per cent tax return per year; individuals can invest as low as Rs 500 per year into their PPF accounts

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Sovereign Gold Bond Scheme Subscription Starts from Monday: Price, Discount, How to Buy

Sovereign Gold Bond Scheme Subscription 2021-2022, Series 7, is set to start from Monday, October 25. The window will be open till October 29, the RBI has said

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Paytm gets Green Signal from Sebi for Mega IPO worth Rs 16,600 crores. Details Here

Paytm got Sebi permission for IPO on Friday. Paytm founder, managing director and chief executive Vijay Shekhar Sharma and Alibaba group firms will dilute some of their stake in the proposed offer-for-sale.

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Paytm gets Green Signal from Sebi for Mega IPO worth Rs 16,600 crores. Details Here

Is 4-Day Work Week the Future for IT, Bank Employees? Know How Companies are Adapting

Google, TCS, Infosys are considering hybrid work model, Indian government is likely to implement new labour codes allowing 4-day work week

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Cryptocurrency Update: 6 Crypto Coins Gain Up to 6,39,521.45%. Check Prices Here

Cryptocurrency Update: Bitcoin was down for the second consecutive day, priced at $61,230.81 and a fall of decrease of 0.52 per cent over the last 24 hours

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Friday, 22 October 2021

Petrol, Diesel Prices Today Hiked for 4th Day in a Row; Hit New High. Know Fuel Rates

Petrol, Diesel Price Today, October 22, 2021: Rs 107.24 per litre and Rs 95.97 in Delhi; diesel prices cross Rs 100 in Chennai

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Jury Gets Chance To Hear Elizabeth Holmes' Bold Promises

A jury weighing the fate of fallen Silicon Valley star Elizabeth Holmes got its first chance Friday to listen to recordings of her boasting to investors about purported breakthroughs in a bloodtesting technology.

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Jury Gets Chance To Hear Elizabeth Holmes' Bold Promises

Business Highlights: Job Seekers, Redlining Investigations

Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300aweek federal supplement for unemployed Americans. Many people, they argued, would then come off the sidelines and take the millions of jobs that employers were desperate to fill. Yet three months after half the states began ending that federal payment, theres been no significant influx of job seekers. In states that cut off the $300 check, the workforce the number of people who either have a job or are looking for one has risen no more than it has in the states that maintained the payment.

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Dow Posts Record Closing High, Stocks Gain For 3rd Week; Dollar Dips

The Dow Jones industrial average registered a record closing high on Friday and major equity indexes posted a third straight week of gains while the U.S. dollar slipped.

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Column: F1 Takes Another Run At Conquering America

Formula One has been down this road before.

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Snap, Intel Fall; American Express, Mattel Rise

Stocks that traded heavily or had substantial price changes Friday:

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Snap, Intel Fall; American Express, Mattel Rise

Stocks that traded heavily or had substantial price changes Friday:

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Dollar Pares Losses As Powell Signals Bond Taper

The dollar pared losses on Friday after Federal Reserve Chairman Jerome Powell said the U.S. central bank should begin reducing its asset purchases soon, but should not yet raise interest rates.

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On Nov. 1, No GM Plants Will Be Closed Due To Chip Shortage

For the first time in eight months, the global shortage of computer chips wont force General Motors to close any North American factories.

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Flybig, IRCTC Enter Pact For Ticket Booking

Newly launched airline flybig has entered into an agreement with IRCTC to facilitate travellers to book tickets for any of its northeast destinations through the latter's Air' platform, an official said on Friday. The pact will allow the passengers to book their travel tickets to any NE flybig destination through the IRCTC portal, which will help in boosting tourism in the region, he said.

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Flybig, IRCTC Enter Pact For Ticket Booking

Powell Says Inflation Risks Rising, But Fed Can Be 'Patient'

Federal Reserve Chair Jerome Powell said Friday that the tangled supply chains and shortages that have bedeviled the U.S. economy since this summer have gotten worse and will likely keep inflation elevated well into next year.

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FM Sitharaman Holds Meeting with UK Foreign Secy, Discussed Ways to Enhance Biz Ties

Both leaders discussed investments in green energy, infrastructure, National Monetization Pipeline, FinTech and IFSCA as key areas for further collaboration between the UK and India.

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Kerala to Get 50,000 Tonnes of Rice for Flood-affected People from Centre

The quantum of rice will be provided at a cost of Rs 20 per kilogram to the state, which has been ravaged by heavy rains that has also resulted in deaths in recent weeks.

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Thursday, 21 October 2021

Stocks Rise, S&P 500 Hits Record; U.S. 10-yr Yield Jumps

Global stock indexes mostly climbed and the S&P 500 posted a record closing high on Thursday, helped by gains in consumer discretionary and technology shares, while U.S. Treasury yields jumped.

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Intel Shares Sink As Third-quarter Sales Miss Estimates

Shares of Intel Corp sank on Thursday as the company reported thirdquarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger telling Reuters that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.

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Snap Shares Plunge 25% As Apple Privacy Changes Hit Ads Business

Shares of Snap Inc plummeted 25% on Thursday after the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc on iOS devices hurt the company's ability to target and measure its digital advertising.

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Intel Shares Sink As Sales Third-quarter Sales Miss Estimates

Plane That Crashed In Houston Had Not Flown In 10 Months

A private jet that ran off a runway and crashed through an fence before bursting into flames at a Texas airport had not been flown since December and investigators are looking into maintenance performed on the plane, federal authorities said Thursday.

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Huawei, SMIC Suppliers Received Billions Worth Of Licenses For U.S. Goods -documents

Suppliers to Chinese telecoms giant Huawei and China's top chipmaker SMIC got billions of dollars worth of licenses from November through April to sell them goods and technology despite their being on a U.S. trade blacklist, documents seen by Reuters showed on Thursday.

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Business Highlights: Fed Investment Rules, S&P 500 Record

The Federal Reserve is imposing a sweeping new set of restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign. The Fed announced Thursday that policymakers and senior staff would be barred from investing in individual stocks and bonds. They would also have to provide 45 days advance notice of any trade and receive prior approval from ethics officials. And they would have to hold the investments for at least one year. As a result, Fed officials would essentially be restricted to holding mutual funds.

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Not This Year, Mr. Grinch: Mattel Brushes Off Christmas Supply Worries

Mattel Inc on Thursday raised its 2021 sales forecast, saying it would overcome industrywide shipping disruptions to ring in a strong holiday season steered by Barbie and Hot Wheels, sending its shares up 6% in extended trading.

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Not This Year, Mr. Grinch: Mattel Brushes Off Christmas Supply Worries

How Major US Stock Indexes Fared Thursday

A wave of buying in the last hour of trading left stocks mostly higher on Wall Street, enough for the S&P 500 to beat the record high close it set in early September.

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IBM, Las Vegas Sands Fall; Crocs, AutoNation Rise

Stocks that traded heavily or had substantial price changes Thursday:

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IBM, Las Vegas Sands Fall; Crocs, AutoNation Rise

Stocks that traded heavily or had substantial price changes Thursday:

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Intel Reports Third-quarter Revenue Below Estimates

Intel Corp reported thirdquarter revenue below Wall Street expectations on Thursday as it trails behind rivals with faster chips to meet demand for computing devices for hybrid work.

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Snap Shares Drop 25% As Revenue Falls Short, Apple Privacy Bites Ads Business

Snap Inc on Thursday fell short of Wall Street estimates for quarterly revenue as the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc on iOS devices hurt the company's ability to target and measure its digital advertising.

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Snap Shares Drop 25% As Revenue Falls Short, Apple Privacy Bites Ads Business

Snap Revenue Falls Short As Apple Privacy Changes Hurt Ads Business

Mattel Says Supply Snags Will Not Steal Christmas This Year

Mattel Inc raised its 2021 sales forecast on Thursday, saying it would overcome industrywide shipping disruptions to ring in a strong holiday season steered by Barbie and Hot Wheels.

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Oil Dives, Forecast Of Mild U.S. Winter Spurs Retreat From Multi-year Highs

Oil tumbled on Thursday as a forecast for a warm U.S. winter put the brakes on a rally that drove prices to a threeyear high above $86 a barrel early in the session on tight supply and a global energy crunch.

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Oil Dives, Forecast Of Mild U.S. Winter Spurs Retreat From Multi-year Highs

Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for December delivery fell $1.37 to $82.50 a barrel Thursday. Brent crude oil for December delivery fell $1.21 to $84.61 a barrel.

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Dearness Allowance Hiked by 3% in Govt's Diwali Bonanza for Over 47 Lakh Central Employees

The move will cost the exchequer Rs 9,488.70 crore per annum.

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CBDT Issues Rs 92,961 Cr Refunds to 63.23 Lakh Taxpayers

The CBDT said on Thursday that it has so far refunded Rs 92,961 crore to taxpayers in the current financial year (2021-22).

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100-crore Milestone Achieved Through Made-in-India Covid Vaccines: Dr VK Paul

India's Covid taskforce chief said this is an unusual feat and has been achieved in a short period of nine months.

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Bitcoin Edges off All-time High but Momentum for More Gains This Year Seen Intact

The world's largest cryptocurrency was last down 1.3 per cent at $65,184 after hitting a record $67,016 on Wednesday, but still above a previous peak of $64,895 seen in April.

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Petrol, Diesel Prices Hiked Again; Diesel Above Rs 99/litre from Srinagar to Chennai

The costliest fuel was in the border town of Ganganagar in Rajasthan, where petrol comes for Rs 118.59 a litre and diesel for Rs 109.41 per litre.

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Wednesday, 20 October 2021

Business Highlights: Fossil Fuel Plans, Bitcoin Over $66,000

A U.N.backed study has found that the world needs to cut by more than half its production of coal, oil and gas in the coming decade to maintain a chance of keeping global warming from reaching dangerous levels. The report published Wednesday by the U.N. Environment Program noted that many governments have made ambitious pledges to curb greenhouse gas emissions. But it found they are still planning to extract double the amount of fossil fuels in 2030than what would be consistent withthe goal of keeping global temperature rise below 1.5 degrees Celsius (2.7 degrees Fahrenheit). Climate experts say the world must drastically reduce the burning of fossil fuels as soon as possible.

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Business Highlights: Fossil Fuel Plans, Bitcoin Over $66,000

Judge Limits Strikers' Conduct At Deere Plant In Iowa

A judge on Wednesday issued a temporary restraining order that details how picketing workers at the Deere & Co. plant in Davenport must conduct themselves.

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NTSB Recovers Black Boxes From Plane That Burned In Texas

Federal accident investigators have recovered badly burned flight recorders and started interviewing people who were on board a jet that ran off a Texas runway during takeoff and burst into flames.

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Tesla Beats Q3 Revenue Estimates But Supply-chain Problems Impacting Factories

Tesla Inc on Wednesday beat Wall Street expectations for thirdquarter revenue on the back of record deliveries as the electric car maker navigated through a prolonged global shortage of chips and raw materials.

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CSX 3Q Railroad Profit Jumps 32% As Volume Grows 3%

CSX delivered a 32% jump in thirdquarter profit as the volume of goods it hauled increased even beyond last falls strong level.

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How Major US Stock Indexes Fared Wednesday

Stocks ended higher on Wall Street Wednesday, bringing the S&P 500 to the brink of another record high. The benchmark index climbed 0.4% for its sixth gain in a row.

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Tesla Hits Record Profit Despite Parts Shortage, Ship Delays

Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.

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Brinker, Baker Hughes Fall; Anthem, Abbott Laboratories Rise

Stocks that traded heavily or had substantial price changes Wednesday:

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Qualtrics Raises Full-year Sales Forecast Above Wall Street Expectations

Business software firm Qualtrics International on Wednesday raised its fullyear sales forecast above analyst estimates as it reported thirdquarter revenue and profits that also beat expectations.

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Qualtrics Raises Full-year Sales Forecast Above Wall Street Expectations

IBM Revenue Misses On Weakness In Legacy Infrastructure Unit

IBM on Wednesday missed market estimates for thirdquarter revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month.

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Stocks Climb, Dow Touches Record; U.S. Oil Rises After EIA Data

Stock indexes mostly rose worldwide on Wednesday, with the Dow Jones Industrial Average touching a record intraday high, as more companies reported earnings that beat analysts' expectations, while oil prices jumped.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for November delivery rose 91 cents to $83.87 a barrel Wednesday. Brent crude oil for December delivery rose 74 cents to $85.82 a barrel.

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Closing Prices For Crude Oil, Gold And Other Commodities

Petrol, Diesel Price Hiked after 2 Days, All-time High in India. Check Fuel Rates

Brent crude rose by 75 cents and settled at $85.08 (Rs. 6,390.94) a barrel. As per the state-run oil refiner, among the four metro cities, the fuel rate is highest in Mumbai.

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Aadhaar-PF Linking Must to Get EPF, Insurance. Steps to Link Aadhaar-UAN Online, Offline

Aadhaar-PF Linking: Let’s take a look at three ways how you can link your Aadhaar number with your PF account.

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Moneycontrol Pro Hits New Milestone of 400,000 Subscribers

We were able to achieve this feat in about 30 months after launch due to the unwavering support and encouragement of our readers and subscribers.

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Zerodha's Nithin Kamath Shares Insight on What Likely Next After Record-Breaking Stock Market Rally

Sharing an article by by Morgan Housel, Zerodha's Nithin Kamath said, “Nature shows how this all works (markets too)

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Gold at Re 1: Buying Digital Gold Online this Diwali? Purity, Tax, Advantages, How to Buy

The price of digital gold starts from as low as Re 1. Investing in digital gold allows customers to purchase fractional physical gold for a small investment, said analysts

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Tuesday, 19 October 2021

Fixed Deposits: Planning to Open a FD? Yearly Return, Key Things you Must Know

FD securities provided by banks and financial institutions normally vary from seven days to ten years.

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Bitcoin Price Today Nears $64,000, Ether Up, Binance Slips; Top Cryptocurrency Rates

Bitcoin, world's biggest cryptocurrency, rose 2.70 per cent in the last 24 hours, to $63,888.64 at 0840 hours on October 20

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Gita Gopinath, First Woman Chief Economist of IMF, to Leave her Post in January

Gita Gopinath, the prominent Indian-American economist will return to the Harvard University in January next year after leaving her post as the chief economist in IMF

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Southwest: We Won't Put Unvaccinated Workers On Unpaid Leave

Southwest Airlines will let unvaccinated employees keep working past early December instead of putting them on unpaid leave if they apply for an exemption on medical or religious grounds.

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Indian-American Lawmakers Pramila Jayapal, Ro Khanna Meet President Biden On Progressive Agenda

Indian-American Democratic lawmakers Pramila Jayapal and Ro Khanna have met US President Joe Biden along with their other Congressional colleagues on the progressive agenda amidst attempts to pass the Build Back Better plan, which would include changes to the social safety net and major investments in climate and education. According to the White House, the Build Back Better Agenda is an ambitious plan to create jobs, cut taxes and lower costs for working families all paid for by making the tax code fairer and making the wealthiest and large corporations pay their fair share.

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IMF Chief Economist Gita Gopinath To Leave Job And Return To Harvard University

IMF's Chief Economist Gita Gopinath will leave her job in January next year and return to the prestigious Harvard University, according to the global financial institution. The 49-year-old prominent Indian-American economist had joined the International Monetary Fund (IMF) as the Chief Economist in January 2019.

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Exclusive: Investor Group To Pressure Utilities On Net Zero Emissions Deadline

A coalition of investors with more than $60 trillion in assets under management is preparing to call on electric utility companies globally to move up their timeline by as much as 15 years to bring their net greenhouse gas emissions to zero.

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Exclusive: Investor Group To Pressure Utilities On Net Zero Emissions Deadline

Canadian National CEO Retiring In Face Of Investor Pressure

Canadian National's CEO is retiring instead of staying to fight against an an investor who has been pushing for his ouster.

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Canadian National CEO Retiring In Face Of Investor Pressure

Canadian National's CEO is retiring instead of staying to fight against an an investor who has been pushing for his ouster.

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U.S. Lawmakers Say Facebook Cannot Be Trusted To Manage Cryptocurrency

A group of U.S. lawmakers said Facebook Inc cannot be trusted to manage cryptocurrency and urged the social media platform to discontinue immediately a small pilot of its cryptocurrency wallet named Novi, which was launched on Tuesday.

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U.S. Lawmakers Say Facebook Cannot Be Trusted To Manage Cryptocurrency

New York City Activists, Residents Awarded $1M Prize

Fela Barclift recalls the day in 1981 when she left her Brooklyn brownstone to search for childcare for her daughter. Racial representation is important for Barclift, who is Black, so she went to nearly 10 different childcare centers to look for the perfect fit. But she couldnt find any that had Black dolls, or even photos of Black people, she said.

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United Posts $473 Million 3Q Profit On Federal Pandemic Aid

United Airlines reported a $473 million profit for the third quarter thanks to more than $1 billion in federal pandemic aid that helped pay airline employees this summer.

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Netflix Posts Higher 3Q Earnings, Solid Subscriber Growth

Netflix posted sharply higher third-quarter earnings Tuesday thanks to a stronger slate of titles, including Squid Game," the dystopian survival drama from South Korea that the company says became its biggest-ever TV show.

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Manpower, EverQuote Fall; Johnson & Johnson, Travelers Rise

Stocks that traded heavily or had substantial price changes Tuesday:

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Volaris In El Salvador Set To Accept Bitcoin

Lowcost airline Volaris will accept bitcoin in El Salvador, Salvadoran President Nayib Bukele said Tuesday.

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IRCTC Share Price Surges 300% this Year; Market Cap Hits Rs 1 lakh crore

IRCTC stocks hit a record intraday high of Rs 6,375.45 on October 19

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Gold Price Today Rises Marginally, Still Rs 8,800 Down from Record High. Time to Buy?

Gold Price Today, October 19, 2021: On MCX, December gold price rose 0.14 per cent to Rs 47,356 for 10 grams at 1030 hours on October 19

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Monday, 18 October 2021

Cooking Oil Price to Become Cheaper as Govt to Pass On Import Duty Cut Benefits

Last week, the Union government had scrapped the basic customs duty on crude varieties of palm, sunflower and soyabean oils

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Bank Holidays 2021: Banks to Remain Shut for 5 Days this Week. Full List Here

Bank Holidays in October, 2021: It must be mentioned that bank holidays vary from one state to another.

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BlackRock Backs Expansion Of Corporate Climate Data Project

BlackRock Inc, the world's biggest asset manager, has thrown its weight behind a plan to provide free indepth data on how thousands of companies are adapting to the transition to a lowcarbon economy.

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Iberdrola To Plough $8.2 Billion Into Mega UK Offshore Wind Farm

Global wind power leader Iberdrola will pour six billion pounds ($8.24 billion) into a wind farm complex in the North Sea off the east coast of Britain, in its biggest project investment worldwide, it said on Monday.

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Stocks Rise With U.S. Big Growth Shares; 5-yr U.S. Yields Climb

Global stock indexes mostly rose on Monday following gains in U.S. megacap technology and other growth names, while fiveyear Treasury yields rose to their highest levels since early 2020.

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Contract Talks Resume Between Deere And Its Striking Workers

Contract talks between Deere & Co. and its 10,000 striking workers have resumed, but it wasn't immediately clear how far apart the two sides remained Monday.

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Contract Talks Resume Between Deere And Its Striking Workers

Treasury Says It Needs To Modernize Its Economic Sanctions

The Treasury Department says that the economic and financial sanctions the United States has employed over the past two decades to battle global terrorism, nuclear proliferation, drug cartels and other threats need to adapt to a rapidly changing financial world.

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GameStop Mania Severely Tested Market System, Regulator Says

The U.S. stock market certainly shook when hundreds of thousands of regular people suddenly piled into GameStop early this year, driving its price to heights that shocked professional investors. But it didn't break.

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GameStop Mania Severely Tested Market System, Regulator Says

Sinclair, Zillow Fall; State Street, Peabody Energy Rise

Stocks that traded heavily or had substantial price changes Monday:

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Microsoft Says It Warned Bill Gates About Flirting In 2008

Microsoft executives in 2008 warned Bill Gates to stop sending flirtatious emails to a female employee but dropped the matter after he told them he would stop, the company revealed Monday.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for November delivery rose 16 cents to $82.44 a barrel Monday. Brent crude oil for December delivery fell 53 cents to $84.33 a barrel.

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Closing Prices For Crude Oil, Gold And Other Commodities

New Jersey Has Its First $1 Billion Month In Sports Betting

New Jersey's sports betting industry became the first in the United States to take in more than a billion dollars' worth of bets in a single month, in September, as football season sent more gamblers to sports books and, crucially, their phones, according to figures released Monday.

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First ETF Linked To Bitcoin Is Set To Make Its Debut

Interested in Bitcoin but dont want to open a crypto trading account? Wall Street has something for you.

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First ETF Linked To Bitcoin Is Set To Make Its Debut

Interested in Bitcoin but dont want to open a crypto trading account? Wall Street has something for you.

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AmEx Employees Can Work From Anywhere For Up To 4 Weeks A Year - Memo

American Express Co will allow employees to work from anywhere they want for up to four weeks a year, Chief Executive Officer Stephen Squeri said in a memo to staff on Monday.

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Bitcoin Investing Could Get Boost From Exchange-traded Fund

New York, Oct 18 (AP) Interested in Bitcoin but don't want to open a crypto trading account? Wall Street has something for you. ProShares said Monday it plans to launch the country's first exchange-traded fund linked to Bitcoin. The ETF with the ticker symbol BITO is expected to begin trading Tuesday, barring any opposition from regulators..

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Reliance Gets NCLT Permission to Seek Creditors’ Nod for Proposed Future-Retail Deal

Granting Reliance Retail Ventures Limited (RRVL) the permission, the NCLT set aside objections raised by Amazon terming them as “premature”.

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Petrol, Diesel Price at All-time High in India. Know Latest Fuel Rate in your City

As of October 18, petrol is being sold at Rs. 105.84 per litre in the national capital, while the rate of diesel is Rs. 94.57 per litre.

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Aadhaar Card Update: How to Change Aadhaar Address, List of Documents Needed

In case you want to update the address in your Aadhaar card, you can do it online or by visiting an Aadhaar enrolment center in your area.

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Zerodha, Groww Users Face Issue with Sale of Stocks. Know What Brokerage Firms Say

Zerodha on Monday informed investors that they may face issues with authorising stocks sale. All you need to know

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Bank of India to Offer Home Loans @6.50%, Vehicle Loans at 6.85% Till Dec 31

The new interest rate will be applicable for customers applying for new loans and transfer of loans.

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Transferred Money to Wrong Bank Account by Mistake? Steps to Know to Get it Back

From saving your local bank branch’s contact details for easy access to other tips you must know to get your money back when you transfer money to a wrong bank account by mistake

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Salman Khan Launches India's First Crypto Token GARI. What is it & How can you Use it?

Short-video application Chingari has stepped into the world of cryptocurrency with its crypto token GARI. Know what is a crypto token and how you can use it

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Sunday, 17 October 2021

PF Calculator: Monthly EPF Contributions can Get you Over Rs 1.5 Crore. Know How

Your EPF fund fetch an interest rate of 8.5 per cent for the financial year 2020-21. The interest rate is higher than what bank offers on fixed deposits.

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Gold Price Today at Rs 47,265; Nearly Rs 9,000 Down from Record High Ahead of Festivals

Gold Price Today, October 18, 2021: On MCX, December gold price rose 0.11 per cent to Rs 47,265 for 10 grams at 0905 hours on Monday

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Bitcoin Price Today Hits $62,000; Ether, Binance, Dogecoin Rise. Top Cryptocurrency Rates

Bitcoin price topped $60,000 during the weekend on the news that the Securities and Exchange Commission might approve a bitcoin futures exchange-traded fund soon

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Facebook Plans To Hire 10,000 In EU To Build 'Metaverse'

Facebook says it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform.

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Facebook Plans To Hire 10,000 In EU To Build 'Metaverse'

Facebook says it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform.

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Sri Lanka Seeks USD 500 Mn Loan from India for Fuel Purchase

The move comes after the country's energy minister Udaya Gammanpila warned that the current availability of fuel in the country can be guaranteed only till next January.

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Ship-to-Ship Operations of LPG Take Place at SMP Kolkata, Bharat Petroleum Corporation Limited at Sandheads

Oil Manufacturing Companies such as BPCL, IOCL, HPCL pointed to the benefits that can be harnessed through extending the facility of Ship-to-Ship Transfer of LPG

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Saturday, 16 October 2021

Petrol Price Hiked for 4th Day, Hits Rs 111.77 in Mumbai. Know Petrol, Diesel Rates Today

Petrol, Diesel Price Today, October 17: After the latest price hike, petrol price climbed to Rs 105.84 a litre in the national capital, highest ever. In Mumbai, the petrol price jumped to Rs 111.77 a litre

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Citibank Online, Credit Card, Mobile Banking Services to be Down During Weekend. Know More

Citibank: The services that will be down are Citibank Online and Mobile Services, IVR Self Service, Credit Card – Samsung Pay Wallet, and RTGS transactions

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Petrol, Diesel at Record High: Fuel Credit Cards Can Help you Save Big with Discounts. How to Choose

Fuel cards can prove to be very beneficial and money saver for those who travel a lot in their vehicles. This is because the more fuel they buy, the fuel cardholders would get more rewards, cash backs, or discounts.

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PM Kisan 10th instalment: Farmers May Get Rs 2,000 on this Date. How to Register, Check Status

Till now, 11.37 crore farmers in India have received around Rs 1.58 lakh crore under the PM Kisan Samman Nidhi Yojana.

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One Trillion Dollar Coin: A Parachute With A Hole For The US Economy?

The United States Mint, a bureau of the Department of the Treasury responsible for producing coinage as well as controlling the movement of bullion, has no shortage of platinum blanks already in stock, stated the report

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FD Latest Update: 4 Private Banks Offer Highest Interest on Fixed Deposits. Details Here

The four private sectors banks that are currently offering the highest rate of return on 3 year-FD

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A-Smith 3 TDs, Baylor Beats Future B12 Foe, No. 19 BYU 38-24

Abram Smith ran for 188 yards with three touchdowns, Baylor linebacker and parttime fullback Dillon Doyle scored on both of his offensive touches and the Bears beat future Big 12 foe and 19thranked BYU 3824 on Saturday.

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Petrol at Rs 111.43 in Mumbai, Diesel at Rs 105.49, All-time High. Know Fuel Prices in India

This is the third straight day of 35 paise per litre hike in petrol and diesel prices

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ITR Filing, Covid Vaccine, PAN Card and PPF: List of Services Available At Post Offices

India Post has included various other third-party services to offer convenience to the common public.

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Bitcoin Mining: What is Cryptocurrency Mining? How it Works and What Investors Get

New bitcoins are introduced into circulation via bitcoin mining. Know all about bitcoin mining

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Home Loan Interest Rate at All-time Low: Know Latest Rates by SBI, ICICI Bank, Kotak Mahindra

Many banks including SBI, ICICI Bank, PNB, Bank of Baroda, Yes Bank and Kotak Mahindra Bank are offering home loans at attractive discounted interest rates. Details Here

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NPS Subscribers: NPS Withdrawal Becomes Easy with Online Exit Option. Know Details

PFRDA is encouraging the government subscribers to utilise this option since it will smoothen the process of exit and make it more efficient

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Aadhaar Card Update: How to Lock, Unlock your Aadhaar Card to Prevent Bank Frauds

The mAadhaar app permits the cardholder to add their profile and get access to the app as per their requirements. The user can create only three profiles in the app.

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Friday, 15 October 2021

Former Boeing Test Pilot Pleads Not Guilty In 737 Max Case

A former Boeing test pilot pleaded not guilty Friday to charges that he deceived regulators by withholding information about a key system that played a role in two deadly crashes involving Boeing 737 Max jets.

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Company Behind Tether 'Token' Fined $41M By US Regulators

The company behind a digital token called Tether has agreed to pay $41 million to settle charges that it misled investors by claiming the token was fully backed at all times by U.S. dollars and other fiat currencies.

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Business Highlights: Retail Sales, Wall Street's Big Week

Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods. Retail sales rose a seasonally adjusted 0.7% in September from the month before, the U.S. Commerce Department said Friday. While that was a bigger number than economists had expected, concerns are mounting as to how resilient shoppers will be as they head into the crucial holiday season, should rising prices stick and frustrations grow amid short supplies. Right now, however, there is no evidence that Americans are pulling back, and the spending last month was broadbased from clothing retailers to sporting goods and hobby retailers and auto dealers.

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Analysis: Supply Chains, Inflation Overshadow Vaccine, Debt Woes At IMF-World Bank Meetings

Supply chain woes and growing inflation concerns pushed aside a widening gap in COVID19 vaccinations and mounting debt problems for developing countries as the top concerns for global policymakers at International Monetary Fund and World Bank annual meetings this week.

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World Stocks Notch Best Day In 5 Months; Oil, Govt Bond Yields Up

Stocks surged globally on Friday in their best day in five months as strong U.S. corporate earnings reports fueled optimism about the economy, though threeyearhigh oil prices kept inflation risks alive and lifted government bond yields.

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Alcoa, Goldman Sachs Rise; Duck Creek, Corsair Gaming Fall

Stocks that traded heavily or had substantial price changes Friday:

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Alcoa, Goldman Sachs Rise; Duck Creek, Corsair Gaming Fall

Stocks that traded heavily or had substantial price changes Friday:

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Oil Prices Rise To Three-year High On Back Of Supply Deficit Forecasts

Oil prices settled at a threeyear high above $85 a barrel on Friday, boosted by forecasts of a supply deficit in the next few months as the easing of coronavirusrelated travel restrictions spurs demand.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for November delivery rose 97 cents to $82.28 a barrel Friday. Brent crude oil for December delivery rose 86 cents to $84.86 a barrel.

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Closing Prices For Crude Oil, Gold And Other Commodities

Aero Supplier Spirit Says It Took Action Over Parts Obtained Indirectly From MPS

Spirit AeroSystems said on Friday it did not buy parts directly from an Italian subcontractor under scrutiny over flawed parts on Boeing's 787 Dreamliner, but had taken action over parts Spirit had purchased indirectly.

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Thursday, 14 October 2021

Despite Brutal 2nd Wave, India's GDP Grew at 20.1% During April-June: Sitharaman

Union Finance Minister Nirmala Sitharaman said that the objective is to make India a bigger and more important part of the global economy by pursuing policies that are efficient.

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US Average Mortgage Rates Jump; 30-year Loan At 3.05%

Average longterm mortgage rates jumped this week, with the benchmark 30year loan again breaching 3%.

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J&J Puts Talc Liabilities Into Bankruptcy

Johnson & Johnson on Thursday put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other talcbased products caused cancer, offloading the potential liabilities into a newly created subsidiary hived off from the rest of the healthcare conglomerate.

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J&J Puts Talc Liabilities Into Bankruptcy

Boeing Pilot Involved In Max Testing Is Indicted In Texas

A Boeing pilot involved in testing the 737 Max jetliner was indicted Thursday by a federal grand jury on charges of deceiving safety regulators who were evaluating the plane, which was later involved in two deadly crashes.

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Rio Tinto Cuts 2021 Iron Ore Shipments Forecast On Labour Squeeze

Rio Tinto on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a new greenfield mine at GudaiDarri.

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Business Highlights: TikTok Shopping, Rallying Stocks

TikTok, an app best known for dancing videos with 1 billion users worldwide, has also become a shopping phenomenon. National chains, hoping to get TikToks mostly young users into its stores, are setting up TikTok sections, reminiscent of As Seen On TV stores that sold products hawked on infomercials. The hashtag #TikTokMadeMeBuyIt has gotten more than 5 billion views, and the app has made a grabbag of products a surprise hit: leggings, purses, cleaners, even feta cheese. Brands are often caught off guard. TikTok wants a cut of those viral product sales and is gearing up to challenge Facebook as a socialshopping powerhouse.

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World Bank Hopes China Will Boost Donation To Fund For Poorest Countries

World Bank President David Malpass said he hoped China would increase its donation to the International Development Association fund for the poorest countries.

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Coding Platform GitLab Valued At $14.9 Billion In Strong Market Debut

GitLab Inc shares jumped about 35% above their offer price in their Nasdaq debut on Thursday, giving the software development platform a market capitalization of $14.9 billion, showing strong investor appetite for fastgrowing software companies.

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Boeing Names U.S. DSCA Director As Vice President Of Business Development

Boeing Co said on Thursday it had named Heidi Grant, director of the U.S. Defense Security Cooperation Agency (DSCA), as the vice president of business development.

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How Major US Stock Indexes Fared Thursday

Stocks rallied on Wall Street Thursday as the market shook off several days of wobbly trading.

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How Major US Stock Indexes Fared Thursday

Stocks rallied on Wall Street Thursday as the market shook off several days of wobbly trading.

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UnitedHealth, Bank Of America Rise; Occidental, Boeing Fall

Stocks that traded heavily or had substantial price changes Thursday:

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UnitedHealth, Bank Of America Rise; Occidental, Boeing Fall

Stocks that traded heavily or had substantial price changes Thursday:

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UnitedHealth, Bank Of America Rise; Occidental, Boeing Fall

Stocks that traded heavily or had substantial price changes Thursday:

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IMF Warns Economy Recovery Threatened By Virus, Inflation

The International Monetary Fund is warning of rising threats to the global economic recovery posed by the ongoing coronavirus pandemic and an outbreak of inflation.

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IMF Warns Economy Recovery Threatened By Virus, Inflation

IMF Steering Committee Urges Central Banks To Closely Monitor Inflation

The International Monetary Fund's steering committee on Thursday urged global policymakers to monitor pricing dynamics closely, but to "look through" inflationary pressures that are transitory and will fade as economies normalize.

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Alitalia Dies After 75 Turbulent Years, Hands Over To ITA

Alitalia, a onetime symbol of Italian style and glamour brought low by economic mismanagement, will operate its last flight on Thursday after 75 years, before handing over to its downsized successor Italia Trasporto Aereo (ITA).

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India Recognises Importance of Universal Vaccination in Stemming Spread of Covid-19: Sitharaman at IMF

The union finance minister also emphasised the importance of a multilateral approach to combat climate change ahead of COP26, which is to be held at Glasgow in Scotland, next month.

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RBI Clears Re-appointment of Amitabh Chaudhry as MD of Axis Bank

The board of the bank had in April approved the extension of his tenure for further period of three years subject to regulatory clearance.

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US Jobless Claims Dip Below 300,000 in Covid-19 Pandemic Breakthrough

The weekly applications for jobless aid became one of the most visible signs of Covid-19's economic ravaging as they surged into the millions in March 2020.

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Finance Ministry Asks PSU General Insurers to Rationalise Branches, Cut Expenses

The finance ministry has asked these companies to rationalise branches and also trim administrative layers wherever possible, sources said.

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Inspiration And Nostalgia Have A New Address With CRED’s New Series ‘The Long Game’

Cred has now launched a new series that goes further and beyond their advertisements with a new series called ‘The Long Game’.

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Inspiration And Nostalgia Have A New Address With CRED’s New Series ‘The Long Game’

Cred has now launched a new series that goes further and beyond their advertisements with a new series called ‘The Long Game’.

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UCO Bank MD Atul Kumar Goel Elected New Chairman of Indian Banks' Association

Goel has been recommended for the post of the managing director of Punjab National Bank (PNB) by the Banks Board Bureau, last month.

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Rising Global Oil and Coal Prices Pose Macro Risks, Say Morgan Stanley Analysts

This rise in energy prices, specifically oil, has prompted concerns of higher inflation, slower growth, a report by Morgan Stanley report said.

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Still Strong Bias for Cash Payment; Need to Reassess PSS Act: Report

The report recommended that India needs to reassess the PSS Act taking into account the developments in the retail payments sector since its enactment.

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Rupee Likely To Hit 74 Per Dollar By December End, According To Experts

The Indian rupee, which was the worst performer of emerging Asia over the last few months rebounded by 15 paise to close at 75.37 against the US dollar following a rally in domestic equities and weak American currency in overseas markets.

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Adani Group Takes Over Operation of Thiruvananthapuram International Airport

Announcing the formal takeover of the airport, the business giant said in a tweet that it was privileged to serve and welcome passengers to God's Own Country.

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Petrol and Diesel Prices Hiked Again, Retail Pump Prices at Highest-ever level Across India

In Mumbai, diesel now comes for Rs 101.40 a litre; while in Delhi, it costs Rs 93.52. This is the 13th time that petrol price has been hiked in two weeks.

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Wholesale Price-based Inflation Eases to 10.66% in September on Lower Food Prices

Inflation in food articles eased for the fifth straight month, recording (-) 4.69 per cent in September from (-) 1.29 per cent in August, mainly due to easing vegetable prices.

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Wednesday, 13 October 2021

Important for India to Focus on Green Investment Post-pandemic: IMF

The IMF said India's debt is at the ratio of about 90 per cent, and it is important to give a signal that there is a medium-term fiscal framework in place.

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Brazil Coffee Exports Fall 29% In Sept On Shipping Hurdles

Brazilian exports of green coffee fell 29% in September compared with a year earlier, to 2.74 million 60kg bags, exporters association Cecafe said on Wednesday, as shipping difficulties continued to hamper the commodity's flow.

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U.S. Stocks Bounce On Economic Optimism; Dollar Pauses Rally

Wall Street rose on Wednesday in choppy trade as investors saw an imminent end to ultraloose U.S. monetary policy as a vote of confidence in the economy, while twoyear Treasury yields hit 18month highs on bets that policy tightening is in the offing.

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2nd Driver Killed By Air Bag Inflator From Tennessee's ARC

A second person has been killed by an exploding air bag inflator made by a Tennessee company that has been under investigation by a federal agency for more than six years without any resolution.

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2nd Driver Killed By Air Bag Inflator From Tennessee's ARC

How Major US Stock Indexes Fared Wednesday

Stocks ended another day of choppy trading modestly higher Wednesday, enough to break a three-day losing streak for the S&P 500.

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