Friday, 31 December 2021

This Bank will Charge Fees from January 1 for Deposits Above Rs 10,000. Check Details

IPPB said in a notice that for savings accounts other than basic savings account, the bank will charge a nominal fee of 0.50 per cent of the value subject to a minimum of Rs 25 per transaction post free limit.

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Bank Holidays This Month: Banks to be Closed for 16 Days in January 2022; List Here

There are no national holidays this month, but most of the banks will remain closed on January 26, on the account of Republic Day.

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Market Outlook for 2022: High Valuations, Tight Measures to Affect Markets This Year

Rise in inflation and interest rate will bring changes in household and private sector investment pattern.

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Insurance Platforms Online Going to Disrupt Insurance Industry in 2022; Here's How

Even with the ongoing COVID-19 pandemic concerns, insurance companies are expecting more rapid growth in 2022

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IPOs Boomed in 2021; What is the Potential Outlook for 2022? Experts Answer

The Reserve Bank of India in its Indian Economy Report had mentioned that 2021 could be India’s year of IPOs and that prediction came true.

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Before and After Covid – 2021 Was A Redefining Era for Life insurance

The Covi-19 pandemic made potential risks to human life and business starkly visible

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Year Ender 2021: Was 2021 The Wildest Year For Cryptocurrencies?

Bitcoin, the largest cryptocurrency in the world held its own throughout 2021, soaring about 120 percent from January till the end of the year.

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Crypto Exchange Platform WazirX Under Taxmen's Lens for Evading Rs 40 Crore GST

When contacted, Zanmai Labs, which controls WazirX operations in India, said that there was an ambiguity in interpretation of one of the components

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SII Applies to Indian Authorities for Full Market Authorisation of Covishield Vaccine

SII had partnered with the developer of Covishield, AstraZeneca, for the supply of the vaccine to the Indian govt.

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GST Council Decides to Defer Hike on Textiles from 5% to 12%, Says Report

The decision was taken at the 46th GST Council meet that was chaired by Nirmala Sitharaman on the day.

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TCS, Infosys, Wipro Work From Home to Continue as Govt Bats for Remote Work; Know More

The home ministry has also advised employers to not call back employees and implement the work from home regime as much as possible.

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Gold Price Today Observes Slight Rise; Should You Sell, Hold or Buy?

US Treasury yields observed a fall, increasing the bullion's appeal by reducing its opportunity cost.

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Reliance New Energy Solar to acquire Faradion Limited; Deal Aims to Make EV Batteries Cheaper

Reliance New Energy Solar, a wholly-owned subsidiary of Reliance Industries has signed an agreement to acquire Faradion Limited, a leading sodium-ion battery technology company. Faradion's batteries have wide use applications from mobility to grid-scale storage and backup power. Its batteries utilise sodium that will secure India's energy storage requirements for renewable energy and the fast-growing electric vehicle market.

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CMS Info Systems Shares Make Tepid Listing at Stock Market; Lists at 1.16 % Premium

CMS Info Systems IPO: While the CMS Info Systems IPO was a disappointment, it may not have come as a surprise for investors and traders

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Thursday, 30 December 2021

GST Council Meet Today: Check Out GST Meet Agenda, What States Want, Other Details

GST Council Meeting Today: The Group of Ministers (GoM) on rate rationalisation will submit report on various recommendations to the GST Council

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Petrol, Diesel Price Today Below Rs 100 in Delhi. Check Petrol Price in Your City

Petrol price today: In Mumbai, the prices of petrol and diesel prices stood at Rs 109.98 per litre and Rs 94.14 per litre, respectively

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Colorado Governor Shortens Trucker's Prison Term To 10 Years

Colorado Gov. Jared Polis has shortened the prison sentence of a truck driver convicted in a deadly explosive crash to 10 years, drastically reducing his original 110year term that drew widespread outrage.

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Global Stocks Retreat From Gains, Oil Dips As Investors Reassess COVID Look-ahead

Global stock markets reversed gains after a daylong rally on Thursday even as fresh U.S. economic data indicated that a recent uptick of Omicron COVID19 variantrelated infections has not yet led to a surge in layoffs, a positive sign for the economy.

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How Major US Stock Indexes Fared Thursday

A late slide pulled major indexes into the red on Wall Street Thursday, leaving the S&P 500 and the Dow Jones Industrial Average slightly below the record highs they set a day earlier.

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Oil Prices Rise Slightly Ahead Of OPEC+ Meeting Next Week

Oil prices rose slightly on Thursday on expectations that fuel demand held up despite soaring Omicron coronavirus infections and that OPEC and its allies would continue to increase imports only incrementally.

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Dollar Ticks Higher In Thin Trading On Cautious Economic Optimism

The dollar ticked up against a basket of rival currencies in holidaythinned trading on Thursday as a dip in weekly jobless claims data helped ease fears that a surge of COVID19 infections would curb the economic recovery.

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CDC Warns Against Cruises, Regardless Of Vaccination Status

The U.S. Centers for Disease Control and Prevention warned people on Thursday not to go on cruises, regardless of their vaccination status, because of onboard outbreaks fueled by the omicron variant.

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Wednesday, 29 December 2021

Petrol, Diesel Price Today: Petrol to be Cheaper by Rs 25 in Jharkhand; See Fuel Rates

Petrol Price Today: The Jharkhand government announced a huge rate cut in petrol for two-wheelers a day back and the new prices will be implemented from January 26 next year

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Didi Quarterly Revenue Falls After Regulatory Crackdown Hits Business

China's ridehailing firm Didi Global on Wednesday reported a 1.7% decline in thirdquarter revenue as its Chinese mobility business took a hit from regulatory crackdown.

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Victoria's Secret, Darling Ingredients Rise; FuelCell Falls

Stocks that traded heavily or had substantial price changes Wednesday:

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How Major US Stock Indexes Fared Wednesday

Stocks ended another wobbly day mostly higher, enough for the S&P 500 to notch another record high.

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Business Manager To Kardashians Killed, Boyfriend Charged

A Los Angeles business manager whose clients had included Nicki Minaj and the Kardashians was killed, and her boyfriend was charged with murder, authorities said Wednesday.

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Global Equities Waver, Oil Up As Investors Weigh Omicron Impact

Major global stock indexes were mixed on Wednesday as uncertainty over the surge in Omicron variant infections tempered optimism that harsh new curbs on business and travel may not be needed.

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Oil Prices Edge Higher As US Oil Inventories Fall

Oil prices rose on Wednesday, after government data showed U.S. crude and fuel inventories fell last week, offsetting concerns that rising coronavirus cases might reduce demand.

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Tuesday, 28 December 2021

Bank NPAs Fall to Six Year Low Despite Pandemic, Says RBI Report. Here is Why

According to the RBI 'Report on Trend and Progress of Banking in India' for 2020-21, financial performance of SCBs in 2020-21 was marked by a discernible increase in profitability

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Petrol, Diesel Price Drops after Centre Cuts Excise Duty; Check Petrol Price Today

In order to give relief to consumers, who were battered by sky rocketing fuel prices, the government had cut the price of petrol by Rs 5 and that of diesel by Rs 10.

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20 Injured After Greyhound Bus Veers Off Utah Highway

Twenty people were injured when a Greyhound bus headed to Las Vegas veered off a highway and rolled over in central Utah, officials said Tuesday.

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Global Stocks End Mixed After Record-setting Session

European stocks rose on Tuesday while Wall Street shares closed mixed after another recordsetting session in which investors shrugged off concerns over Omicrondriven travel disruptions and store closures.

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Mexico Says Cruise Ships With Coronavirus Cases Can Dock

The Mexican government said Wednesday it will allow cruise ships carrying people infected with the coronavirus to dock.

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Oil Settles Higher Despite Omicron Concerns

Oil prices settled higher on Tuesday, with Brent crude ending the session near $80 a barrel despite the rapid spread of the Omicron coronavirus variant, supported by supply outages and expectations that U.S. inventories fell last week.

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European Stocks Close At Five-week High As Wall Street Shares Trade Mixed

European stocks rose on Tuesday while Wall Street shares were mixed after another recordsetting open on Wall Street as investors shrugged off concerns over Omicrondriven travel disruptions and store closures.

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Dollar Lifted By Safe-haven Flows, Fed Expectations

The dollar edged higher in thin trading on Tuesday, helped by safehaven flows as worries over the spread of COVID19 sapped a multiday rally in equity markets, and on expectations the Federal Reserve could raise interest rates as early as March.

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Monday, 27 December 2021

CDC Recommends Shorter COVID Isolation, Quarantine For All

U.S. health officials on Monday cut isolation restrictions for Americans who catch the coronavirus from 10 to five days, and similarly shortened the time that close contacts need to quarantine.

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Plane Clips Other Aircraft At Florida Airport; No Injuries

The wingtip of a plane loaded with passengers clipped the auxiliary power unit of a parked empty aircraft nearby as it pushed back from the gate at a small Florida airport Monday.

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United Airlines, Las Vegas Sands Fall, GoDaddy, AMD Rise

Stocks that traded heavily or had substantial price changes Monday:

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World Stock Prices Rise On Strong U.S. Holiday Sales

Global stock markets rose on Monday and oil prices eased on Monday as investors hailed strong U.S. holiday season sales and some grew less fearful about economic damage from the Omicron variant of Covid19.

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Zuckerberg Buys More Hawaii Land, Including Deadly Dam Site

Billionaire Facebook founder Mark Zuckerberg has purchased more property in Hawaii, including most of a reservoir that unleashed a deadly flood 15 years ago.

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Oil Prices Rise To Highest Level In A Month As Omicron Concern Eases

Oil prices rose more than 2% on Monday to the highest level since late November on hopes that the Omicron coronavirus variant will have a limited impact on global demand in 2022, even as surging cases caused flight cancellations https://ift.tt/3myslyI.

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Kerala Best State on Health Parameters, Uttar Pradesh Worst: NITI Aayog Rankings

Among smaller states, Mizoram emerged as the best performer in overall performance as well as incremental performance.

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RBL Bank Fiasco: CEO Steps Down, Shares Tank 20 Per Cent; What's Next for RBL Bank?

RBL Bank's Vishawvir Ahuja had stepped down as MD & CEO of the bank last weekend and the effect was felt on Monday, when the stock of the bank slumped 20 per cent

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Gold Price Today Remains Flat at Rs 48,244; Hold, Sell or Buy?

Experts predicted that the current week could bring volatility for the precious metal's prices due to the truncated trading in the international markets.

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Sunday, 26 December 2021

Bank Holidays in January 2022: Banks to Remain Shut for 16 Days Next Month; See Dates

Bank Holidays in January 2022: All private and public sector banks across India will close on the account of Republic day on January 26, except for a few states

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CMS Info Systems IPO Share Allotment Soon: Check Status Via BSE, Registrar's Website

CMS Info Systems IPO allotment starts finalised on Tuesday. Did you get CMS Info Systems share? Know how to check your share application status via BSE or registrar's website

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Petrol, Diesel Price Today: Latest Fuel Rates Announced; Check Petrol Price in Your City

U.S. crude futures slipped after many airlines called off thousands of flights in the United States over the holiday season due to surging COVID-19 infections.

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India Imposes Antidumping Duty on 5 Chinese Goods for 5 Yrs

According to separate notifications of the Central Board of Indirect Taxes and Customs (CBIC), the duties have been imposed on certain flat rolled products of aluminium

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Saturday, 25 December 2021

How was 2021 for Cryptocurrency in India? What to Expect Next Year

Bitcoin, which remains the top crypto based on the market cap in 2021, gained over 50 per cent since the beginning of the year

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PPF Account Opening in Post Office: Here's a Step-by-Step Guide to Open PPF

PPF Account Opening in Post Office: There is no initial deposit required, and account holders don’t have to hold a monthly average balance

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Bank FDs: YES Bank, RBL Bank, IDFC Bank, DCB Bank FDs Rates Compared

FDs allow investors to good, guaranteed returns while keeping the principal amount safe with banks. Know latest FD rates

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Pay Electricity, Gas, Mobile Bill, Loan Repayment at your Doorstep. Know How to Book

The already existing transactions fostered by NPCI Bharat BillPay include DTH, gas, electricity, loan repayment, water, cable TV subscription, mobile postpaid, prepaid recharge, and municipal taxes, among many others

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Retirement Plan with Guaranteed Income Launched: Premium, Benefits, Tax, Other Details

The policy gives the customer a guaranteed income for the whole of life by paying a premium for a limited period. Know other key features and benefits

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Savings Bank Account Opening: These Banks Offer up to 7% Interest Rate. Details Here

Here is a list of some small finance banks which offer high interest rates on saving accounts

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Is the Time Ripe Enough for Crypto in Real Estate?

Blockchain and cryptocurrencies could be potential levers to completely reimagine real estate transactions

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From Pocket Money to Tap and Pay – How Personal Finance Models Have Evolved for Kids this Year

Helping children learn the virtues of saving money and avoiding overspending is one of the best teachings parents can give to their kids. Know details

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Friday, 24 December 2021

Petrol, Diesel Price Today: Fuel Rates Announced; Check Latest Petrol Price in Your City

Petrol, Diesel Price Today, December 24: Petrol price across India remains unchanged. Petrol price in Delhi at 95.41

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Thursday, 23 December 2021

Sensex Jumps Over 100 Points in Opening Trade, Nifty Tops 17,100; Check Details

Equity benchmark Sensex jumped over 100 points in early trade on Friday, tracking gains in index majors Infosys, TCS and HCL Tech amid a positive trend in global markets.

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RBI Imposes Rs 1 Crore Penalty Each on Mobikwik and Spice Money; Know Why

Both One Mobikwik Systems Private Limited – parent company of Mobikwik – and Spice Money Limited have been penalised for committing offences of the nature referred to in Section 26 (6) of the PSS Act.

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Bank Holiday Today? Banks to Stay Shut for 6 Days in Last Week of December, Full List

Bank Holidays in December: Bank holidays come into effect as per a list released by the Reserve Bank of India or RBI

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Data Patterns Share Listing on BSE, NSE Today: Time, Listing Share Price, Key Details

Data Patterns share will be listed on the National Stock Exchange and Bombay Stock Exchange on December 24. Analysts expect a bumper listing for the company, know details

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Debit Card, Credit Card Online Payment Rule: RBI Extends Tokenisation Deadline. Know More

Under the new tokenisation rule, merchants have to use encrypted tokens to make transactions.

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U.S. Stocks End At Record High, Oil Prices Rise As Omicron Fears Abate

The S&P 500 notched a recordhigh close on Thursday, with oil prices also rising, as investors and traders were optimistic about positive economic data and discounted the impact of the Omicron coronavirus variant on the economy, even as COVID19 case counts soar.

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Lending Platform mPokket to Recruit Over 1,500 Employees Next Year

Between April 2021 and December 2021 (YTD), mPokket hired over 500 new employees across all functions

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PM Garib Kalyan Insurance to e-Shram Portal: List of Govt Schemes in 2021

The schemes, planned at those who have suffered the consequences of the coronavirus pandemic, have been designed to provide relief to citizens across various sections of the society.

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Work From Home to Continue Next Year? Govt May Soon Bring Rules for This, Know Changes

The working from home culture has seen a significant rise not only in India, but also globally, since 2020 when the Covid-19 pandemic emerged and changed the course of life for every individual.

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ATM Cash Withdrawal Charges to Increase from January: Know Charges, How Many Free Withdrawals

ATM Cash Withdrawal Charge: ATM Transaction charge to be hiked to Rs 21 from next week as per an RBI notification. See details

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Wednesday, 22 December 2021

CMS Info Systems IPO GMP, Subscription, Review: Last Chance to Buy Today, Should You?

As of the end of the second day of bidding, the CMS Info Systems IPO was subscribed 52 per cent, where retail investors oversubscribed 1.02 times the portion set aside for them

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Petrol Price Today Below Rs 100 in Delhi, Other Places. See Fuel Rates in your City

Petrol price today, December 23: Petrol price remained unchanged on Thursday across the country. In Delhi, a litre of petrol was retailing at Rs 95.41

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HP Adhesives IPO Allotment Status Finalised: How to Check via BSE, Bigshare Service, GMP

HP Adhesives IPO allotment status finalised on Wednesday. Did you receive HP Adhesives IPO share? Know how to check share application via BSE or registrar's website

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MapmyIndia IPO Makes Owners Rakesh and Rashmi Verma Worth $586 Million; Here's How

With the establishment of MapmyIndia, Rakesh Verma and Rashmi Verma entered a sector that was hardly explored in India 25 years ago

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Tuesday, 21 December 2021

TCS, Infosys, IT Companies' Work from Home to Continue Next Year Amid Covid scare? Know Details

According to reports, top software experts are now taking cautious approach to their back to office plans that they announced previously, amid the Omicron challenge.

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CMS Info Systems IPO GMP, Subscription, Financials, Key Details. Should You Buy?

The CMS Info Systems IPO was subscribed 40 per cent on the first day of bidding, drawing a decent response from investors

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Zee-Sony Merger Deal Done: Sony to Hold Majority Stake

Zee Entertainment Enterprises Ltd. (ZEEL) and Sony Pictures Networks India Pvt Ltd (SPNI) on Wednesday announced signing definitive agreements to merge ZEEL with and into SPNI

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Petrol, Diesel Price Drop After Centre Cuts Excise Duty; See Petrol Price in Your City

Petrol, diesel price today, December 22, 2021: Petrol price unchanged across the country for over one and half months, while diesel price also remains the same.

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Chicago To Require Proof Of Vaccination At Restaurant, Bars

Chicago will require proof of coronavirus vaccination at restaurants, bars, gyms and other indoor venues, as the rapidly spreading omicron variant drives a spike in COVID19 infections, Mayor Lori Lightfoot said Tuesday.

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SUSTAINABILITY 100+ - SHAPING A BETTER WORLD: SETTING A NEW BENCHMARK FOR SUSTAINABILITY IN INDIA

The Sustainability 100+ Summit set the agenda for sustainability and our efforts to curb climate change.

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Two Teenage Dropouts Start Delivery Startup; Raise Valuation to $570 million in 5 Months

Zepto has currently expanded beyond Mumbai by launching operations in Bengaluru, Delhi, Gurugram, Chennai, Hyderabad and Pune

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Four Day Work Week, New Salary Structure: How India's Work Culture May Change Next Year

Besides the number of weekdays, the take home salary of an employee as well as his or her working hours are likely to see a change.

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Monday, 20 December 2021

CMS Info Systems IPO Opens Today: GMP, Strength, Key Details to Know Before you Buy

The CMS Info Systems IPO has a price band of Rs 205 to Rs 216 per equity shares, the company has notified

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MapmyIndia Stellar Market Debut Today: MapmyIndia Stock Lists at 53% Premium

MapmyIndia share opened at Rs 1,581 on the BSE, 53 per cent up against the issue price of Rs 1,033. On NSE, MapmyIndia stock got listed at Rs 1,565

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Petrol, Diesel Price Today Below Rs 100 in Many Cities. See How Much You Have to Pay

Petrol, Diesel price today, December 21: In Mumbai, a litre of petrol can be bought at Rs 109.98 per litre, while Delhi petrol price stood at Rs 95.41 per litre

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LIC IPO Expected to Hit Market in Q4; Speculations on 'Delay' Incorrect: Govt

LIC IPO: "Some media speculation doubting the feasibility of LIC IPO this fiscal year is not correct. It is reiterated that plan is on course for the IPO in the last quarter of this fiscal,", DIPAM secretary said

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Sunday, 19 December 2021

Sensex Drops Over 1,400 Pts; Nifty Plunge 2% Amid Omicron Scare; What Investors Should Do

Sensex dropped 1,434.03 points to hit 55,577.71 at day's low while Nifty fell over 2 per cent to trade near 16,600-mark. Bajaj Finance and IndusInd Bank were the major losers

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Banks Holidays: Banks to be Shut for 6 Days Out of Last 10 Days of December. Full List

Bank holidays in December: There has largely been a reduced number of bank holidays this month after two back to back months of continued festivities

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Medplus Health IPO Share Allotment Today: How to Check via BSE, KFin Tech, GMP

Medplus Health Services IPO Share Allotment Status Today: Have you received Medplus Health Stock? Know how to check you Medplus share application status, refund, Medplus IPO GMP today

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Petrol, Diesel Prices Announced Today: Check How Much you Pay for in your City

Petrol price today, December 20: Petrol price remained static on Monday across the country. In Delhi, a litre of petrol was retailing at Rs 95.41

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Shriram Properties Share Listing on NSE, BSE Today: Time, Listing Price, Key Details

Shriram Properties stock will be listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) at 10 am on December 20. Check details

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Saturday, 18 December 2021

IT, Telecom Jobs: Mega Hiring in Next 3 Months, Companies to Give 70-120% Hike in Salary

Jobs in India: Five out of eleven sectors surveyed sectors including IT and technology, communications telecom and media sectors reported a net hiring outlook of 60 per cent

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Fire Damages QVC Distribution Center In North Carolina

A fire ripped through a distribution center in North Carolina for the QVC homeshopping television network early Saturday, causing extensive damage to the facility, officials said.

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Bitcoin Price Below $46,900. Will it Drop to $40,000 By Year-end? What Investors Must Know

On Friday, Bitcoin prices fell to as low as $46,501, going down by 4 per cent. Bitcoin prices have fallen by 32 per cent since it reached its peak earlier this year

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Work from Home to Continue: You May Not Have to Return to Office Anytime Soon, Know More

An OECD survey where 25 countries took part has noted that there will be no five-day week in the office for employees anymore, at least in the near future.

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This Bank Hikes Term Deposit Interest Rates to up to 7.25%, Know Details

Ujjivan Small Finance Bank has revised interest rates with effect from December 9, 2021 on term deposits. Know details

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MapmyIndia, Metro Brands, 3 Other IPOs Set to List Next Week; Key Details Here

IPO Listing Next Week: The IPOs that are scheduled to list next week at the bourses include Shriram Properties, MapmyIndia, Metro Brands, MedPlus Health Services and Data Patterns

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Friday, 17 December 2021

Stocks Slide As Omicron Worries Bolster Safe Havens

Global stock benchmarks and oil prices fell on Friday while safe havens such as the dollar and Treasury bonds rose as investors wrestled with rising numbers of Omicron cases and a hawkish turn from major central banks in the fight against inflation.

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One Jeffrey Epstein Ex Testifies In Defense Of Another

Ghislaine Maxwell's defense called another of Jeffrey Epstein's onetime paramours to the stand Friday: a former Miss Sweden, New York City doctor and tabloid fixture who told the jury that she trusted the financier with her young daughters and denied taking part in a group sexual encounter with a key accuser.

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Dollar Climbs On Risk-off Moves As Omicron, Rate-hike Talk Spread

The dollar rose on Friday as traders retreated from riskier currencies amid talk of interest rate hikes by central bankers and concerns about the spread of Omicron cases.

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Tata Group All Set to Take Over Air India By January: Know How it Plan to Fly Maharaja

After a hustle for one-and-a-half years, the Tata Group acquired Air India and has since been in the works to take it forward as soon as possible. Know details

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SBI FD Interest Rates, Base Rates Increased. Details Here

SBI Interest Rates: FD interest rates on deposits above Rs 2 crore have been increase, while base rate has been hiked by 0.10 per cent, SBI said in its website

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Supriya Lifescience IPO GMP, Subscription, Financials: Should you Invest?

Supriya Lifescience IPO: Supriya Lifescience Limited floated its initial public offer this week and was subscribed 2.33 times on the first day of bidding

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Thursday, 16 December 2021

Two-Day Bank Strike: 9 Lakh Employees Join Protest Today; SBI, PNB Services to be Hit

Bank Strike Today, December 17: State Bank of India, Punjab National Bank, Canara Bank, UCO Bank, Central Bank of India have cautioned the users that banking services will be affected during the nationwide protest this week

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U.S. Curbs Chinese Drone Maker DJI, Other Firms It Accuses Of Aiding Rights Abuses

The U.S. government put investment and export restrictions on dozens of Chinese companies on Thursday, including top drone maker DJI, accusing them of complicity in the oppression of China's Uyghur minority or helping the military, further ratcheting up tensions between the world's top two economies.

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End Of An Era: Airbus Delivers Last A380 Superjumbo

Airbus delivered the final A380 superjumbo on Thursday, to Dubai's Emirates, marking the end of a 14year run that gave Europe an instantly recognised symbol across the globe but failed to fulfil the commercial vision of its designers.

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Oil Rises Around 2% On Strong U.S. Demand, Upbeat Fed Outlook

Oil prices rose around 2% on Thursday, as record U.S. implied demand, falling crude stockpiles and an upbeat economic outlook from the Federal Reserve trumped fears of the Omicron coronavirus variant hurting global consumption.

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India’s Gold Imports On Six-year High As Weddings Gain Back Pomp

The rise in demand has shot up India’s gold imports, which make up for more than 86 per cent of gold supplies in the country, by as much as 900 tonnes in 2021.

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Ola Raises $500 Million Debt Ahead of 2022 Debut at Stock Market

Ride hailing platform Ola on Thursday said it has raised USD 500 million debt from marquee international institutional investors.

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PF New Rule: EPF Benefits to Stop from Next Month if you do not Complete this By December-end

PF Update: The Employees Provident Fund Organisation (EPFO) has in a notification said that employees will need to add a nominee to their EPF accounts by December 31

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Wednesday, 15 December 2021

Fed Signals Three Rate Hikes In The Cards In 2022 As Inflation Fight Begins

The Federal Reserve said on Wednesday it would end its pandemicera bond purchases in March and pave the way for three quarterpercentagepoint interest rate hikes by the end of 2022 as the economy nears full employment and the U.S. central bank copes with a surge of inflation.

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World Shares, Bond Yields Rise After Fed Meeting

Global shares and bond yields rose on Wednesday after the U.S. Federal Reserve said it would end its pandemicera bond purchases in March and begin raising interest rates as much as three times next year.

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Amid Drought, California Advances Big New Reservoir Project

Amid a severe drought, California regulators on Wednesday voted to advance what could be the state's first major new water storage project in decades, despite warnings from tribal and environmental groups that it would hasten the extinction of multiple species of salmon.

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How Major US Stock Indexes Fared Wednesday

Stocks rose steadily on Wall Street Wednesday after the Federal Reserve said it would accelerate its pullback of economic stimulus and would likely raise interest rates three times next year to tackle rising inflation.

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EU Parliament Backs Tough New Rules To Rein In U.S. Tech Giants

EU lawmakers voted on Wednesday to beef up draft rules to rein in U.S. tech giants, including extending the scope to their retailing activities and to their business users outside Europe, as part of their common position in forthcoming talks with EU countries.

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Oil Edges Up On Consumer Demand, Inventory Declines

Oil prices edged higher on Wednesday, rebounding from early losses after U.S. inventory data showed strong consumer demand and as the Federal Reserve said it would end its pandemicera bond purchases in March to slow rising inflation.

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World Shares Turn Positive After Fed Tapering Announcement

Global shares rose slightly on Wednesday after the U.S. Federal Reserve said it would end its pandemicera bond purchases in March.

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Dollar Rises After Federal Reserve Policy Statement

The U.S. dollar rose on Wednesday after the U.S. Federal Reserve said it would end its pandemicera bond purchases in March and paved the way for three quarterpercentagepoint interest rate increases in 2022.

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To Make India an Electronic Hub, Cabinet Clears Rs 76,000-Cr Scheme for Semiconductors

The Union Cabinet on Wednesday cleared the Rs 76,000-crore incentive scheme for semiconductors, paving a way to make India a hub for electronics

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Shriram Properties IPO Allotment Today: How to Check Status via BSE, KFin Tech, GMP

Shriram Properties IPO was subscribed 4.60 times over the 2.93 crore shares that were on offer. Did you get Shriram Properties share? Know how to check

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Tuesday, 14 December 2021

Govt Earned Over Rs 8 Lakh Cr from Taxes on Petrol, Diesel in Last 3 Fiscals, Says Nirmala Sitharaman

The excise duty on petrol rose from Rs 19.48 per litre as on October 5, 2018 to Rs 27.90 a litre as on November 4, 2021.

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Covid Task Force Chief Pitches for Quickly Adaptable Vaccine Platforms

The new and potentially more contagious variant of COVID-19 called B.1.1.529, was first reported to the WHO from South Africa on November 24.

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PNB Loan Scam Case: UK Court Hears Nirav Modi's Extradition Appeal on Mental Health Grounds

The hearing on Tuesday follows a ruling in August from High Court Justice Martin Chamberlain that arguments concerning the 50-year-old's severe depression and high risk of suicide were arguable at a full appeal hearing.

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NBFCs: RBI Announces Big Change, Issues Prompt Corrective Action Framework. Details Here

The PCA framework for NBFCs will come into effect from October 1, 2022, based on the financial position of NBFCs on or after March 31, 2022, the RBI said.

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Medplus Health IPO Subscription, GMP, Key Risks, Other Details; Should you Invest?

Medplus Health Services IPO received bids for 1.49 crore shares against the IPO size of 1.25 crore shares that were on offer, according to data. Please check GMP, price, financials and other details before investing

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Serum Institute Will Launch Covovax for Children in Six Months, Says Adar Poonawalla

Currently, Covishield and other COVID vaccines are approved for people above the age of 18 years.

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RateGain Travel IPO Allotment Finalised Today: Check Status via BSE, KFin Tech, GMP

RateGain Travel Technologies IPO share allotment status will be finalised today. Know how to check RateGain Travel Technologies IPO application

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Monday, 13 December 2021

Stocks Fall As Markets Await Central Bank Meetings

Global stock markets fell and the dollar gained ground on Monday as investors waited for news from a host of central bank meetings this week and mulled a future without the Fed's safety net.

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La Liga Sells Spanish Broadcast Rights For $5B+ For 5 Years

Spain's top soccer league has generated 4.95 billion euros ($5.6 billion) from the sale of subscription broadcast domestic rights for five seasons.

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Harley-Davidson, Arena Rise; Capital One, Carnival Fall

Stocks that traded heavily or had substantial price changes Monday:

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Stocks Edge Lower On Omicron Fears, Awaiting Fed Meeting

Global stock markets fell and the dollar gained ground on Monday as investors weighed new concerns over the Omicron variant and waited for news from a host of central bank meetings this week.

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U.S. Dollar Advances As Fed Seen Concluding Asset Buys Sooner Than Expected

The dollar rose on Monday ahead of a slew of central bank meetings this week led by the Federal Reserve, with investors expecting the U.S. central bank to announce it will wrap up its bond purchases sooner than expected, as they look for clues on timing of interest rate increases next year.

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Meme Stocks GameStop, AMC Slump To Multi-month Lows

Shares of Gamestop and AMC Entertainment tumbled to multimonth lows on Monday as some investors appeared to sour on the names that had produced eyewatering gains earlier in the year.

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Apple Closes In On $3 Trillion Market Value

Apple Inc's market value hovered just shy of the $3 trillion mark on Monday, following a stunning run over the past decade that has turned it into the world's most valuable company.

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Metro Brands IPO GMP, Subscription Status on Day 2, Profile, Financial; Should you Buy?

Metro Brands IPO opened for subscription on December 10 and the offer would close on December 14. Key things to know before you invest

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Medplus Health Services, Data Patterns, One Other IPO to Open this Week. Know Details

IPOs next week: Apart from the three IPOs, three other companies — Tega Industries, Anand Rathi Wealth and RateGain Travel Technologies-- are set to debut at the stock markets next week

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MapmyIndia IPO Subscription Status, GMP, Valuation. Last Day to Invest, Should you?

MapmyIndia IPO saw a massive response from investors on the final day of bidding

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Sunday, 12 December 2021

Tega Industries Share Listing on BSE, NSE Today: Time, Listing Price, Key Points

Tega Industries IPO: Tega Industries share may list at the price range of Rs 750 to Rs 800, up to 75 per cent gains on listing for investors.

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South African President Tests Positive For COVID, Mildly Ill

South African President Cyril Ramaphosa is receiving treatment for mild COVID19 symptoms after testing positive for the disease Sunday, his office said.

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Deposit Insurance Reforms to Instil Confidence in People on Banking Sector: PMModi

PM Modi assured that about three lakh more such account holders will get their deposits with the banks that are under the RBI moratorium soon.

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Saturday, 11 December 2021

Cryptocurrency Update: 6 Coins Rise Up To 1,032% in a Day. Bitcoin below $50,000

Cryptocurrency update: Memecoins Shiba Inu and Dogecoin also suffered losses over the past 24 hours, while Ether was barely above the $4,000 mark

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SBI Launches Pre-Approved Personal Loan: Step-By-Step Guide to Avail Instant Loan

Customers will get instant processing of loans and disbursement in just four clicks through the SBI's pre-approved personal loan feature

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Fixed Deposit Rates at Lowest Now: How to Get Better Returns Out of Your FD Account?

Over the past few years, banks have relentlessly slashed fixed deposit interest rates, but some of them are now hiking it ti draw more customers

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Cryptocurrency Bill: PM Modi to Take Final Call; What We Know So Far on India's Stance

The government is likely to introduce the cryptocurrency bill during the ongoing session of the Parliament, and Prime Minister Narendra Modi is likely to take a final call regarding its framework

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Friday, 10 December 2021

Tega Industries IPO GMP Today: What High GMP Indicates About Listing Gains

Tega Industries IPO: Tega Industries stock listing will be done on December 13, Monday. The Tega Industries IPO GNP was trading at Rs 350 on Saturday

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Trading is becoming popular as a means to get additional income. 7 ways of getting additional income

Having additional sources of income can help you achieve greater economic security and stability.

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Traders' Body CAIT Demands SEBI to Reject PharmEasy’s IPO Request; Know Why

Traders' body CAIT told SEBI that PharmEasy IPO request should be rejected because the sale of medicines online is illegal in India

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DA Hike: Central Govt Employees May Get a DA Hike Soon. Know Salary Calculation

DA Hike: Central government employees may soon receive a good news from the government as the Centre is likely to announce a DA hike in the beginning of the year 2022.

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Hurry! Amazon Prime Membership is available for 129/month instead of 179/month till 13th December

After 13 December 2021, subscription prices will change to Rs 179 a month, and you wouldn’t want to miss out on a deal that offers free and fast delivery.

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Metro Brands IPO Opens Today: Price, Size, Metro Brands IPO Strengths; Should You Buy?

Metro Brands IPO: Metro Brands Limited plans to use the proceeds from the fresh issue for opening new stores of the company

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MapmyIndia IPO GMP, Subscription, Other Key Details to Know Before You Invest

The MapmyIndia IPO, also known as CE Info Systems IPO, was cumulatively subscribed 3.04 times against its total size on Day 2

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Thursday, 9 December 2021

CVS, Ciena Rise; GameStop, Laboratory Corp. Fall

Stocks that traded heavily or had substantial price changes Thursday:

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Dollar Higher As Virus Restrictions Knock Risk Sentiment

The U.S. dollar rose against a basket of currencies on Thursday as increased restrictions in parts of the world to contain the spread of COVID19, including the new Omicron variant, tempered investors' appetite for riskier currencies.

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Oil Settles Lower As China Developer Downgrades Add To Fears Of Demand Outlook

Oil prices settled lower on Thursday on fears about the economic outlook in the world's biggest oil importer following ratings downgrades to two Chinese property developers, and after some governments took measures to fight the Omicron variant of the coronavirus.

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Shriram Properties IPO Subscription Status, GMP, Financials, Review. Should you Invest?

Shriram Properties was bringing the issue at price band of Rs 113-118 per share at p/b multiple of 2.11 on FY21 book value basis. Know key details before subscribing to Shriram Properties IPO

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MapmyIndia IPO GMP, Financials, Strength, Subscription on Day 1. Should you Buy?

MapmyIndia IPO opens for subscription today and has seen massive response from retail investors. Know MapmyIndia IPO valuation, financials and analysts' recommendations before buying

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RateGain Travel Technologies IPO GMP, Financials, Subscription: Last Chance to Invest

Investors can book RateGain Travel Technologies IPO till December 9. The company has fixed a price band of Rs 405-425 per share. Know details before you invest

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Wednesday, 8 December 2021

Due To COVID Cases, Jefferies Cancels Travel And Parties, Resumes Remote Working

Investment bank Jefferies Financial Group on Wednesday cancelled all client parties and most travel, asking employees to work from home when possible due to a spate of COVID19 cases.

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Dollar Slips, Stocks Edge Up As Omicron Fears Ease

The dollar eased and global stock markets traded slightly higher on Wednesday as investors became less concerned about the Omicron variant but looked for direction after the prior day's big rally in equities and crude oil prices.

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Jefferies Cancels Travel And Parties, Resumes Remote Working Due To COVID

Jefferies Financial Group on Wednesday cancelled all client parties and most travel, asking employees to work from home when possible due to a spate of COVID19 cases.

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Cryptocurrency Update: 6 Crypto Coins Gain Up To 2,603% in a Day; Bitcoin, Ether Fall

Cryptocurrency Update: Bitcoin, Ether, Solana and other major crypto coins lost their value, while the global cypro market also fell

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Aadhaar Update: How Many Times Can You Update Aadhaar Details? See What UIDAI Says

Aadhaar Update: As per UIDAI guidelines, you can change your name on your Aadhaar twice, but name and gender can be changed only once

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RateGain Travel IPO GMP, Subscription Status, Strength, Risks; Should You Invest?

RateGain Travel Technologies IPO has received bids for 97.54 lakh equity shares against the size of 1.73 crore equity shares

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Tuesday, 7 December 2021

Crypto Guide: Bitcoin at $51,000, Over 25% Down from Record High. Good Time to Invest in Crypto?

This correction in the market has given a good opportunity for investors to get hold of good tokens at attractive prices, said analysts. Know what to buy when cryptocurrency market is down

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Cryptocurrency Update: 6 Crypto Coins Gain Up To 4,867% in a Day; Bitcoin Back in Green

Cryptocurrency Update: Bitcoin reclaimed its dominant position at the cryptocurrency market on December 7, Wednesday

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Shriram Properties IPO Opens Tomorrow: Price, Size, GMP, 10 Key Things to Know

Shriram Properties IPO: The price band of the issue has been fixed at Rs 113 to Rs 118 per equity share, with a face value of Rs 10 each

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India-US Trade Policy Forum Has Key Role in Deepening Understanding of Each Other's Positions: Former Obama Admin Official

United States Trade Representative (USTR) Katherine Tai had her first Trade Policy Forum (TPF) meeting with Commerce Minister Piyush Goyal.

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PM Kisan 10th Installment to be Released Soon; How to Check PM Kisan Beneficiary Status

Pradhan Mantri Kisan Samman Nidhi: PM Kisan scheme beneficiaries can check the beneficiary list at www.pmkisan.gov.in before getting their quarterly allowance

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Star Health IPO Share Allotment Status Finalised: How to Check via BSE, KFin Tech, GMP

Star Health IPO share allotment status has been finalised: Have you received the shares of Star Health? Here is how you can check via BSE or registrar's website

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RateGain Travel Technologies IPO GMP, Valuation, Financials, Should you Subscribe?

RateGain Travel Technologies IPO comprises a fresh issuance of shares worth Rs 375 crore, and an offer for sale of up to 2,26,05,530 equity shares. Key details to check before you invest in this IPO

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Tega Industries IPO GMP, How to Check Application Status via BSE, Registrar's Website

The Tega Industries IPO GMP today was trading at Rs 350, around 80 per cent up from its upper price band of Rs 453, indicating a strong listing at the stock markets

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Monday, 6 December 2021

Gold Price Today Drops to Rs 47,818, Rs 8,300 Down from Record High. Hold, Sell or Buy?

Gold Price Today, December 7, 2021: On MCX, the gold contracts tanked 0.20 per cent to Rs 47,818 for 10 grams at 1030 hours on December 7

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Bank Holidays in December: Banks to be Shut for 12 Days This Month; See Full List here

Bank Holidays in December 2021: Banks across the country are going to remain closed on December 25, that is on Christmas. This is the only national holiday in December

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Petrol, Diesel Price Announced Today: Know How Much you have to Pay for Fuel

Petrol, diesel price today, December 7: Petrol price in Delhi remained unchanged for 6 days after the state government reduced VAT on it. Diesel price in Delhi was also static

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Man Charged In Death Of Jacqueline Avant, Music Icon’s Wife

Prosecutors filed charges Monday against a 29yearold man in the fatal shooting of philanthropist Jacqueline Avant, the wife of legendary music executive Clarence Avant, last week at their Beverly Hills home.

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Business Highlights: Trump Media Venture, Bitcoin Trial

Regulators are asking questions about the deal to bring Donald Trumps new social media company to the stock market, one that has attracted both legions of fans of the former president and people looking to make a quick profit. The company partnering with Trump Media & Technology Group acknowledged the inquiries in a filing it made with regulators on Monday. Digital World Acquisition, which is often referred to by its trading symbol of DWAC, said it is cooperating with the preliminary, factfinding inquiries by the Securities and Exchange Commission and the Financial Industry Regulatory Authority.

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Delta, Kohl's Rise; Moderna, AST SpaceMobile Fall

Stocks that traded heavily or had substantial price changes Monday:

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Scientists Slam German Tabloid's Pandemic Coverage

A group representing Germany's main scientific organizations has accused the country's biggestselling newspaper of contributing to public hostility against scientists during the coronavirus pandemic.

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Stocks Rally, Dollar Gains As Omicron Fears Ease

The dollar edged higher while U.S. and European shares rallied on Monday after reassuring news about the Omicron COVID19 variant led investors to buy stocks that will likely perform well in a rising interest rate environment.

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Tomato Prices Skyrocket to Rs 140/kg in Southern States Due to Rains

In metro cities, tomato was sold at Rs 55 per kg in Mumbai, Rs 56 per kg in Delhi, Rs 78 per kg in Kolkata and at Rs 83 per kg in Chennai on Monday.

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Air India, SpiceJet Owe Rs 2,350 Crore and Rs 185 Crore to Airports Authority of India

Air India and SpiceJet have outstanding dues of Rs 2,350 crore and Rs 185 crore respectively to the AAI as on September this year, Minister of State for Civil Aviation V K Singh said

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Cryptocurrency Update: 6 Crypto Coins Gain Up to 5,605% in a Day. Check Prices Here

Cryptocurrency Update: The global cryptocurrency market capitalisation was standing at $2.17 trillion on Monday, down by 6.73 per cent over the last 24 hours

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Star Health IPO GMP, How to Check Share Allotment Status, Refund

Star Health IPO: At the grey market on Monday, the shares of Star Health were trading at a discount of Rs 75. This indicated a poor performance at the stock market later

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PF Rule Update: Step-by-Step Guide to Withdraw EPF Money via Umang App, UAN Portal

Employees Provident Fund (EPF) money or PF money can be withdrawn using the government's Umang app, the Centre said recently. Here's how to withdraw PF money

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Cryptocurrency Bill: Govt has no Plan to Boost Cryptocurrency, Says FM

Finance minister Nirmala Sitharaman on Monday said that government has no plans to boost the cryptocurrencies in India.

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Metro Brands, Shriram Properties, 2 Other IPOs to Open This Week. Know Which One to Buy

IPOs This Week: CE Info Systems (MapmyIndia), RateGain Travel Technologies, Shriram Properties, and Metro Brands are set to open their initial public offerings this week.

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Sunday, 5 December 2021

Gold Price Today Below Rs 48,000; Over Rs 8,000 Down from Record High. Should you Buy?

Gold Price Today: On MCX, the gold contracts were up 0.10 per cent to Rs 47,951 for 10 grams at 1125 hours on December 6

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ATM Cash Withdrawals to Get Costlier from Next Month. Know How Much You Need to Pay

ATM transactions will get costlier from January 1, 2022, the Reserve Bank of India said in a notification. Customers will have to pay Rs 21 plus taxes to withdraw cash

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Petrol, Diesel Price Drops Below Rs 100 in Many Cities After Tax Cut; Check Fuel Rate

Petrol, Diesel price today, December 04: Petrol price unchanged for one month after Centre's excise duty cut. Petrol price in Delhi at Rs 95.41

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Cryptocurrency Prices Today: Bitcoin Price Nears $49,000, Cardano in Red, Ether Up

Bitcoin fell 0.15 per cent in the last 24 hours to $49,031.52 at 0830 hours on December 6, according to CoinMarketCap

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Japan Government Considering Lifting FY2022 Economic Growth Forecast -NHK

The Japanese government is considering raising its economic growth forecast for fiscal 2022 to take into account the effects of its record $490 billion stimulus package, public broadcaster NHK reported on Monday.

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Japan Govt Considering Lifting FY2022 Economic Growth Forecast -NHK

The Japanese government is considering raising its economic growth forecast for fiscal 2022 to take into account the effects of its record $490 billion stimulus package, public broadcaster NHK reported on Monday.

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Saturday, 4 December 2021

Satya Nadella, Sundar Pichai and Now Parag Agrawal: Why Indian-Origin CEOs Rule Silicon Valley

Parag Agrawal's induction as the new Twitter CEO is likely to be a result of all these reasons, but his personal achievements at the company is no less.

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Aadhaar Card Update: Steps to Follow to Protect yourself from Financial Frauds

If you are concerned about the safety of your documents like PAN and Aadhaar, here are things you should do

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Credit Card Bill: What is Billing Cycle, Due Date and Minimum Payment? How it is Calculated

There are several things to be enlightened about before you become an avid credit card user. Here's a checklist for credit card users

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PF Rule Change: Your EPF Account Comes With Rs 7 Lakh Free Benefits. Know Details

Provident fund account holders are eligible for assured life insurance benefits of up to Rs 7 lakh without having to pay any premium. Know More

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Trump Media Partner Says It Has Lined Up $1B In Capital

Donald Trumps new social media company and its special purpose acquisition company partner say the partner has agreements for $1 billion in capital from institutional investors.

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Govt to Bring Well-Consulted Cryptocurrency Bill in Parliament, Says Nirmala Sitharaman

Cryptocurrency bill: Nirmala Sitharaman said that there were a lot of speculation going on regarding the cryptocurrency bill that was not healthy at all

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Clear Launches Clear Pro App for Tax Professionals: Here is How to Use Clear Pro App

Clear, formerly known as Cleartax, has launched an app to help tax professionals communicate with clients easily and do a lot more things under one umbrella

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Cryptocurrency Update: Bitcoin Price Today Down by 22%, Ether, Cardano, Others in Red

Cryptocurrency: Bitcoin on Saturday fell by $10,000 dollars to as low as $42,000 while Ether tracked a 15 per cent loss, standing at $3,900. The global crypto market dropped nearly 15 per cent

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Tega Industries IPO GMP, When and How to Check Allotment, Refund, Listing

Tega Industries IPO received a bumper response from investors as it was subscribed over 219 times, backed by non institutional subscribers

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Semiconductor Mission, Better PLI for Smartphones Needed to Hit $300bn Target: Industry to Govt

Heads of various companies and industry bodies have made presentations to Union ministers on how India can achieve $300 billion target in electronics manufacturing by 2025-26.

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Friday, 3 December 2021

Income Tax Return Filing, PNB Interest Rates and More: 6 Key Changes from December

Key changes in December 2021: The Punjab National Bank has reduced interest rates on savings bank accounts from December. The last date to file income tax return extended to December 31

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Pensioners Get More Time to Submit Life Certificate. Know Details

Life Certificate: The last date to submit life certificate for pensioners has been extended to December 31 from November 30, the government said in a notice

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Petrol, Diesel Price: Petrol Price in Delhi Below Rs 100 After VAT Cut; See Fuel Rates

Petrol, Diesel price today, December 04: Petrol price unchanged for one month after Centre's excise duty cut. Petrol price in Ahmedabad at Rs 95.13

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International Day Of Banks 2021: 10 Foreign Banks and Their Headquarters in India

International Day Of Banks 2021: As of now, there are around 46 Foreign banks that are operating in India in 2021.

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International Day Of Banks 2021: Why Do UN Observe the Day Since 2020?

International Day Of Banks 2021: It is celebrated to recognise the importance of multilateral and international development banks in financing sustainable developments.

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Didi Shares Plunge More Than 20% On Plan To Delist From NYSE

Just five months after its debut, ridehailing giant Didi Global said it plans to withdraw from the New York Stock Exchange and pursue a Hong Kong listing, a stunning reversal as it bends to Chinese regulators angered by its U.S. IPO.

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Nevada Court Sides With Gunmakers In Las Vegas Shooting Suit

Nevadas Supreme Court ruled gun manufacturers cannot be held responsible for the deaths in the 2017 mass shooting on the Las Vegas Strip because a state law shields them from liability unless the weapon malfunctions.

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Stocks, Yields Slide After U.S. Jobs Report As Omicron Looms

Global equities and benchmark U.S. bond yields tumbled on Friday in volatile trade after data showed U.S. job growth slowed considerably in November and the Omicron variant of the coronavirus kept investors on edge.

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Stocks, Yields Slide After U.S. Jobs Report As Omicron Looms

Global equities and benchmark U.S. bond yields tumbled on Friday in volatile trade after data showed U.S. job growth slowed considerably in November and the Omicron variant of the coronavirus kept investors on edge.

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DocuSign, Olli's Fall; Marvell Technology, Smartsheet Rise

Stocks that traded heavily or had substantial price changes Friday:

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Oil Steadies, Paring Gains As Rising COVID Cases Spur Demand Worries

Crude prices ended little changed on Friday after erasing earlier big gains on growing worries that rising coronavirus cases https://ift.tt/3EmSqYp and a new variant could reduce global oil demand.

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EXPLAINER: 5 Key Takeaways From The November Jobs Report

At first glance, the November jobs report was a sour one.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for January delivery fell 24 cents to $66.26 a barrel Friday. Brent crude for February delivery rose 21 cents to $69.88 per barrel.

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Didi Shares Plunge 20% On Plan To Delist From NYSE

Just five months after its debut, ridehailing giant Didi Global said on Friday it would withdraw from the New York Stock Exchange and pursue a Hong Kong listing, a stunning reversal as it bends to Chinese regulators angered by its U.S. IPO.

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Thursday, 2 December 2021

Gold Price Today Rises but Still Rs 8,600 Down from All-Time High. Is it Time to Buy?

Gold Price Today, December 3, 2021: On MCX, the gold contracts were up 0.36 per cent to Rs 47,570 for 10 grams at 11 am on December 3

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Gold Price Today Rises but Still Rs 8,600 Down from All-Time High. Is it Time to Buy?

Gold Price Today, December 3, 2021: On MCX, the gold contracts were up 0.36 per cent to Rs 47,570 for 10 grams at 11 am on December 3

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Tega Industries IPO GMP, Subscription, Strength: Your Last Chance to Invest

The Tega Industries IPO was oversubscribed 13.87 times as of Thursday, which was the second day of the bidding, largely backed by non institutional investors

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Gita Gopinath: From Mysuru to No. 2 Official at IMF, First Indian to Take up the Top Role

Gita Gopinath is set to become the first deputy managing director of IMF, the fund announced on Thursday. She will replace Geoffrey Okamoto

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Dollar, Shares Rise As Omicron Fears Subside

A gauge of global equities surged on Thursday as Wall Street rallied on hopes the Omicron COVID19 variant will prove mild and will not halt a strongly recovering U.S. economy, while the dollar edged higher in choppy trading as risk appetite improved.

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Dollar, Shares Rise As Omicron Fears Subside

A gauge of global equities surged on Thursday as Wall Street rallied on hopes the Omicron COVID19 variant will prove mild and will not halt a strongly recovering U.S. economy, while the dollar edged higher in choppy trading as risk appetite improved.

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Gita Gopinath To Take On New Role At IMF As First Deputy Managing Director

Indian-American Gita Gopinath, the chief economist of International Monetary Fund, is being promoted as IMF's First Deputy Managing Director, the fund announced Thursday. She would replace Geoffrey Okamoto who plans to leave the Fund early next year. Gopinath, who was scheduled to return to her academic position at Harvard University in January 2022, has served as the IMF's chief economist for three years.

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Gita Gopinath To Take On New Role At IMF As First Deputy Managing Director

Indian-American Gita Gopinath, the chief economist of International Monetary Fund, is being promoted as IMF's First Deputy Managing Director, the fund announced Thursday. She would replace Geoffrey Okamoto who plans to leave the Fund early next year. Gopinath, who was scheduled to return to her academic position at Harvard University in January 2022, has served as the IMF's chief economist for three years.

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Dollar Has The Interest Rate Edge To Rule For Now: Reuters Poll

Interest rate differentials will dominate sentiment in forex markets over the next three months, a Reuters poll of FX analysts found, placing the U.S. dollar in a unique position to extend its outperformance against its peers.

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Dollar Has The Interest Rate Edge To Rule For Now, Say FX Analysts Polled By Reuters

Interest rate differentials will dominate sentiment in forex markets over the next three months, a Reuters poll of FX analysts found, placing the U.S. dollar in a unique position to extend its outperformance against its peers.

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Auto Workers' Union Votes For Direct Election Of Leaders In Wake Of Scandal

Detroit (AP) Members of the United Auto Workers union have overwhelmingly approved picking their leaders by direct ballot elections, rejecting a system that many blamed for a bribery and embezzlement scandal in the union's top ranks. The one member, one vote measure got about 64 per cent of 1,40,586 valid ballots that were received by Monday's mail-in deadline..

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Business Highlights: Holiday Shoppers, Oil Production

The holidays have always been defined by disappointing outofstock messages on the most popular items. But the pandemicinduced supply chain snarls have created unprecedented shortages across all types of products. That has many customers buying early as shortfalls are only expected to worsen as the holiday season moves into the final stretch. Some shoppers arent being choosy, while others are trying to find the next best thing. A lot is at stake for retailers. If shoppers cant get what they want at one store, they could go to another competitor or just not buy an alternative. That could dampen overall holiday sales.

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US Government Sues To Block $40 Billion Nvidia-Arm Chip Deal

The Federal Trade Commission on Thursday sued to block graphics chip maker Nvidias $40 billion purchase of chip designer Arm, saying the deal would create a powerful company that could hurt the growth of new technologies.

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Kroger, Okta Rise; Dollar General, Apple Fall

Stocks that traded heavily or had substantial price changes Thursday:

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How Major US Stock Indexes Fared Thursday

Stocks rose broadly on Wall Street Thursday as investors continue to monitor the spread of the new coronavirus variant as well as measures that the U.S. and other governments are taking to restrain it.

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Oil Ends Higher After A Day Of Wild Swings On OPEC, Omicron

Oil prices settled more than 1% higher on Thursday, after a seesaw session that saw benchmarks swing in a $5 range after OPEC+ surprised markets by sticking to its plans to boost output slowly.

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Investors Track COVID Case Counts, Watch Key Market Levels As Omicron Fears Grow

The emergence of Omicron is fueling uncertainty in markets, as investors await information about the heavily mutated coronavirus variant and gauge how badly it could damage the global recovery.

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Investors Track COVID Case Counts, Watch Key Market Levels As Omicron Fears Grow

The emergence of Omicron is fueling uncertainty in markets, as investors await information about the heavily mutated coronavirus variant and gauge how badly it could damage the global recovery.

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UAW Votes For Direct Election Of Leaders In Wake Of Scandal

Members of the United Auto Workers union have overwhelmingly approved picking their leaders by direct ballot elections, rejecting a system that many blamed for a bribery and embezzlement scandal in the union's top ranks.

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Closing Prices For Crude Oil, Gold And Other Commodities

Benchmark U.S. crude oil for January delivery rose 93 cents to $66.50 a barrel Thursday. Brent crude for February delivery rose 80 cents to $69.67 per barrel.

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Oil Little Changed As OPEC+ Sticks To Regular Output Increase

Oil prices were little changed, giving up most of their gains in volatile trading, as OPEC+ stuck to its policy of incrementally boosting output and the market considered the severity of the Omicron coronavirus variant.

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Govt Buys 291 Lakh Tonnes Of Paddy For Rs 57,032 Cr So Far In 2021-22 Kharif Marketing Year

The government has procured paddy worth Rs 57,032 crore so far in the 2021-22 kharif marketing season. "The paddy procurement is progressing smoothly in Kharif Marketing Season (KMS) 2021-22 at MSP from farmers, as was done in previous years," an official statement said.

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Govt Buys 291 Lakh Tonnes Of Paddy For Rs 57,032 Cr So Far In 2021-22 Kharif Marketing Year

The government has procured paddy worth Rs 57,032 crore so far in the 2021-22 kharif marketing season. "The paddy procurement is progressing smoothly in Kharif Marketing Season (KMS) 2021-22 at MSP from farmers, as was done in previous years," an official statement said.

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Kapiva's Range of research backed Ayurvedic weight management products to add to your diet now!

Ayurvedic medicines for managing weight are a holistic way of healing. It is pure, trustworthy, proven and supports a balanced lifestyle principle.

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CAIT alleges Amazon behind Bhind SP’s transfer

We seek a categorical statement from chief minister Shri Shivraj Singh Chauhan and home minister Dr Narottam Mishra on this most condemnable act of transfer, said CAIT

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Chennai-based Clean Tech Firm Signs Rs 31,000 crore Deal with US Firm, Can be a Game-changer

Ramcharan will deploy the money from TFCC in environment-to-energy management systems and renewable energy devices with high storage capacity that are made from sodium silicate, the fund said

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Ratan Tata To Be Conferred Assam’s Highest Civilian Award for Contribution Towards Cancer Care

In 2018, the Assam government and Tata Trusts laid the foundation stone for a comprehensive cancer care network of 19 facilities in the state.

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Tega Industries IPO GMP, Subscription Status, Financials, Key Details. Should you Buy?

Tega Industries IPO will remain open for subscription till December 3 and the company has fixed price band at Rs 443-453 per share

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Star Health IPO GMP Today, Company Profile, Valuation, Review: Last Chance to Buy

Star Health IPO: Backed by Rakesh Jhunjhunwala, Star Health and Allied Insurance is India’s first pure-play health insurance company. Should you invest in Star Health IPO?

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Wednesday, 1 December 2021

Petrol Price Today Drops by Rs 8 in Delhi after Tax Cut. Check Fuel Rate in your City

Petrol Price Today, December 2, 2021: Petrol Price reduced significantly in the national capital after Delhi government had announced VAT reduction. Know latest prices of petrol and diesel

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Business Highlights: Travel Woes, Fed On Inflation

Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant. Meanwhile, travelers eager to get out there have been thrown back into the old routine of reading up on new requirements and postponing trips. For all the alarm, little is known about omicron, including whether it is more contagious, causes more serious illness or can evade vaccines. Still, governments that were slow to react to the first wave of COVID19 are eager to avoid past mistakes. Businesses everywhere from shopping districts in Japan to ski resorts in the Alps are feeling the hit.

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Dorsey-led Square Rebrands To Block In Nod To Blockchain

Square Inc, the payments company led by Twitter Inc cofounder Jack Dorsey, said on Wednesday it was changing its name to Block Inc, as it looks to expand beyond its payment business and into new technologies like blockchain.

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Tesla Officially Moves Headquarters From California To Texas

Tesla says it has officially moved its corporate headquarters from Silicon Valley to a large factory under construction outside of Austin, Texas.

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Oil Falls, Stocks Falter On Omicron Variant Concerns

A gauge of global equity markets retreated from early gains on Wednesday as concerns about the first U.S. case of the Omicron variant and soonerthanexpected interest rate hikes next year by the Federal Reserve turned investor sentiment bearish.

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Ambarella, Box Rise; Salesforce.com, Generac Fall

Stocks that traded heavily or had substantial price changes Wednesday:

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Ambarella, Box Rise; Salesforce.com, Generac Fall

Stocks that traded heavily or had substantial price changes Wednesday:

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How Major US Stock Indexes Fared Wednesday

Markets turned cautious again, erasing an early gain and ending lower Wednesday as investors try to handicap how much the new coronavirus variant will impact the economy.

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How Major US Stock Indexes Fared Wednesday

Markets turned cautious again, erasing an early gain and ending lower Wednesday as investors try to handicap how much the new coronavirus variant will impact the economy.

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Oil Slides, Stocks On Omicron Variant Concerns

A gauge of global equity markets rose on Wednesday, but some stocks faltered on Wall Street as concerns about the Omicron variant and soonerthanexpected interest rate hikes by the Federal Reserve next year turned investor sentiment bearish.

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Oil Slides, Stocks Falter On Omicron Variant Concerns

A gauge of global equity markets rose on Wednesday, but some stocks faltered on Wall Street as concerns about the Omicron variant and soonerthanexpected interest rate hikes by the Federal Reserve next year turned investor sentiment bearish.

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Workers At Canadian Beef Plant To Vote On Cargill Offer Ahead Of Strike Date

Workers at Cargill Inc's beefprocessing plant in High River, Alberta, one of Canada's largest, will vote on a new company offer backed by union negotiators, just days before a potential strike, the company said on Wednesday.

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Workers At Canadian Beef Plant To Vote On Cargill Offer Ahead Of Strike Date

Workers at Cargill Inc's beefprocessing plant in High River, Alberta, one of Canada's largest, will vote on a new company offer backed by union negotiators, just days before a potential strike, the company said on Wednesday.

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Gates, French Gates Offer Post-divorce Philanthropic Plans

Bill Gates and Melinda French Gates say they will still work with the Giving Pledge, the campaign they co-founded with Warren Buffett in 2010 to encourage billionaires to donate the majority of their wealth through philanthropy.

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Fed Survey Finds Supply-chain Shortages Boosting Inflation

Many parts of the country were hit by supply chain disruptions and labor shortages in November, the Federal Reserve reported Wednesday.

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Fed Survey Finds Supply-chain Shortages Boosting Inflation

Many parts of the country were hit by supply chain disruptions and labor shortages in November, the Federal Reserve reported Wednesday.

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Cryptocurrency Update: 6 Coins Gain up to 2,279% in a Day; Ether Scales $4,700 Mark

Cryptocurrency Update: The price of one Bitcoin at the time of writing this article $56,995.83, down by 0.06 per cent in the last 24 hours

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Petrol Price: Which Country Has Highest Petrol Price, Where is Petrol Cheapest? Know where India Stands

Petrol price in India is more expensive than that of scores of countries of the world including China, Pakistan, UAE, Bangadesh and Bhutan.

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Income Tax Return: Filing ITR via New Tax E-filing Portal? Step-By-Step Guide to Log In

The income tax e-portal had several glitches but those have been fixed. Here is how taxpayers can log in to income tax e-portal to file ITR for FY21-22

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LazyPay Launches 'Buy Now Pay Later' EMI Option. Check Details Here

Termed as the 'LazyPay EMI', the scheme enables merchants to offer instant cardless - EMI option to their consumers for ticket size upto Rs 1 lakh.

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SBI Credit Card Users: EMI Set to Become Costly from This Month. Know Details

Last month, SBI Cards & Payment Services Private Limited (SBICPSL) said that it will charge a processing fee of Rs 99 and levy taxes on it.

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LPG Price Hike: Commercial LPG Price Surged by Rs 100. Check Rates in Your City

LPG Price Hike: The price of 19 kg commercial cylinder was hiked on Wednesday by as much as Rs 100. LPG cylinder price in Delhi has been hiked to Rs 2,101

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Petrol Price in Delhi Set to Reduce; Kejriwal Govt Cuts VAT by Rs 8. Details Here

The Arvind Kejriwal-government on Wednesday had decided to reduce in VAT on the fuel by Rs 8

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Beyond Borders: The True Origins Of India's Favorite Brands - Colgate, Bata And Maruti

Bata grew into one of the world's leading shoemakers, with an impressive annual sale of 150 million pairs of shoes across more than 70 c...