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Rossari Biotech raises ₹148.8 crore from anchor investors ahead of IPO

Fri, 10 Jul 2020 20:31:17+5:30

Institutional investors that participated in the anchor allotment included Abu Dhabi Investment Authority, Axis Mutual Fund, Mirae Asset Mutual Fund, Goldman Sachs, HFDC Mutual Fund, SBI Mutual Fund, among others

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SBI chairman Rajnish Kumar sees no need for a blanket moratorium beyond 31 AUG

Fri, 10 Jul 2020 20:02:28+5:30

The central bank had, in May, announced a three-month extension of the moratorium by three months to 31 August

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Shoppers Stop MD & CEO Rajiv Suri resigns, cites personal reasons

Fri, 10 Jul 2020 19:10:38+5:30

The company has not announced an immediate successor to Suri

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Vodafone Idea makes payments of ₹2,850 crore to mutual funds and banks

Fri, 10 Jul 2020 19:05:52+5:30

While the side pockets of Franklin Templeton India schemes have received ₹1252 crore, UTI Mutual Fund has received ₹166 crore and Nippon India Mutual Fund has received ₹121 crore

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Mukesh Ambani now richer than Warren Buffett as RIL shares break records

Fri, 10 Jul 2020 19:03:43+5:30

Mukesh Ambani is now the eighth richest person on the planet, and Buffett is ninth, according to the Bloomberg Billionaires index, which started in 2012.Mukesh Ambani is now worth $68.3 billion, surpassing Buffett’s $67.9 billion as of Thursday

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China's central bank sells HDFC shares

Fri, 10 Jul 2020 18:29:18+5:30

According to the latest data disclosed by the lender to the stock exchanges, PBoC was not among key shareholders of HDFC as of 30 June 2020

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IRCTC's Q4 net profit soars 80% to ₹150.6 cr; announces dividend of ₹2.50

Fri, 10 Jul 2020 18:26:53+5:30

However, on sequential terms the company saw 26.6% dip in net profit, which might be attributed to the coronavirus-induced lockdown imposed in March

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PVR to diversify into F&B post covid-19 pandemic

Fri, 10 Jul 2020 18:18:36+5:30

The company plans to offer a bouquet of food products that can work as takeaways and can also be sold on e-commerce sites

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Karnataka decides to resume university courses from 1 October

Fri, 10 Jul 2020 16:45:40+5:30

The resuming the offline classes comes even as Karnataka has been reporting a record number of cases.A record 2228 new covid- 19 cases were reported on Thursday that takes the state's tally to more than 31,000

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People’s Bank of China cuts stake in HDFC Ltd

Fri, 10 Jul 2020 15:43:19+5:30

The People’s Bank of China held about 17.5 million shares, accounting for a 1.01% shares, at end-March

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H1-B visa: TCS CEO Rajesh Gopinathan warns Trump’s visa curbs will cost US

Fri, 10 Jul 2020 14:37:05+5:30

Rajesh Gopinathan said the move has put massive stress on a huge swath of Indian-born engineers that have lived in the US for years and helped support American clients, who will ultimately be the ones hurt most

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Adani Australia chief to step down as coal prices tank

Fri, 10 Jul 2020 14:19:27+5:30

Lucas Dow, who joined the company in April 2018, steered the Carmichael mine and rail project through a drawn-out and hotly contested permitting process.Dow would stay on as a board director

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Tata Motors group global wholesales dip 64% at 91,594 in Q1

Fri, 10 Jul 2020 14:19:17+5:30

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q1 FY21 were at 11,598 units, down 89% year-on-year.Jaguar wholesales for the quarter were 17,971 vehicles while Land Rover wholesales were 47,454 vehicles

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Kotak Mahindra Bank to be mindful of highly-leveraged businesses: Uday Kotak

Fri, 10 Jul 2020 12:47:15+5:30

As on 31 March, the bank’s savings deposits had crossed ₹1 trillion, growing 21% on a year-on-year. Current account and savings account (CASA) ratio rose to over 56%

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This country is giving cars virtually for free to its citizens

Fri, 10 Jul 2020 11:25:29+5:30

Kia Motors Corp. Picanto hatchbacks are available for an upfront payment of just 1,000 pesos.Select customers can make down payments of 18,000 pesos for K2500 commercial trucks

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TikTok influencers to bear high income loss

Fri, 10 Jul 2020 07:49:49+5:30

The TIkTok ban will cause an estimated income loss of about ₹120 crore each year for the top 100 influencers

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Saving small businesses is critical amid the pandemic: Ajay Banga

Fri, 10 Jul 2020 07:43:00+5:30

The global pandemic has shown the inescapable mutuality of our world.At the International Chamber of Commerce, we have got a few clear priorities. The first is to save our SMEs.

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‘Artificial Intelligence will aid in better decision-making capacity’

Fri, 10 Jul 2020 06:39:31+5:30

Automation usage is moving to unique work, and that’s where AI solutions and bots co-exist with humans

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Sebi wants ratings agencies to rate all issuers

Fri, 10 Jul 2020 06:08:13+5:30

The rating agencies believe failure to share information will increase due to covid-19.The regulator wants the ratings to continue, since withdrawing them would leave investors with even less information

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Funding tap dries up for electric vehicle firms reliant on China

Fri, 10 Jul 2020 05:38:57+5:30

The uncertain ties between the two countries is leaving investors jittery.Most of the low-speed electric scooters and three-wheelers sold in India have localization levels of less than 20% as they are made mostly of parts from either China or Taiwan

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Ford says restrictions at Mexico plants producing auto parts not sustainable

Fri, 10 Jul 2020 05:36:49+5:30

Kumar Galhotra, Ford president for Americas and International Markets Group, said Chihuahua had limited employee attendance to 50%

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TikTok mulls changes to business to distance itself from China

Fri, 10 Jul 2020 05:21:26+5:30

TikTok is considering a number of locations for a global base, the person familiar with the plans said,

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PNB reports fraud of ₹3,688.5 cr in DHFL account

Thu, 09 Jul 2020 23:34:37+5:30

PNB said it has already made provisions amounting to ₹1,246.58 crore, as per prescribed prudential norms

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Freshworks acquires Flint in second buyout this year

Thu, 09 Jul 2020 23:14:38+5:30

This is Freshworks’ second acquisition this year.Freshworks also said that with companies increasingly adopting remote working scenarios owing to the covid-19 pandemic

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Hewlett Packard Enterprise improves HPE GreenLake cloud services

Thu, 09 Jul 2020 22:53:36+5:30

HPE also launched HPE Ezmeral to help organizations transform their applications, data, and operations, from edge to cloud.According to International Data Corporation, despite the growth and adoption of public clouds, 70% of applications remain outside of the public cloud

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Brokerages mixed on TCS post Q1 results

2020-07-10T14:37:22+05:30

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MFs see assets shrink in Q1 despite record gains for market indices

Fri, 10 Jul 2020 17:23:00 +0530

The average asset base in June quarter stood at Rs 24.6 trillion, as against Rs 27 trillion in previous quarter, translating into a decline of 8.9 per cent

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Market Wrap, July 10: Here's all that happened in the markets today

Fri, 10 Jul 2020 16:50:00 +0530

On a weekly basis, Sensex gained 1.6 per cent while Nifty rose 1.5 per cent

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India's fuel demand continues to recover in June, up 11% over May-levels

Fri, 10 Jul 2020 16:39:00 +0530

Officials said petrol and diesel demand has rapidly climbed due to higher use of private vehicles as commuters avoided public transport

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Edible oil import expected to fall 13% on sharp drop in consumption

Fri, 10 Jul 2020 15:48:00 +0530

Healthy oilseed output could improve domestic production of edible oil, reducing reliance on imports even further

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This pharma stock zooms over 100% in 18 trading days

Fri, 10 Jul 2020 15:06:00 +0530

The stock hit a new high of Rs 723 during the day, up 16 per cent.

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Gold futures rise on firm spot demand, global cues to RS 48,925 per 10 gram

Fri, 10 Jul 2020 15:02:00 +0530

Gold prices on Friday rose by Rs 47 to Rs 48,925 per 10 gram in futures trade as speculators created fresh positions on firm spot demand

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YES Bank slips 9% after fixing FPO floor price at Rs 12 per share

Fri, 10 Jul 2020 14:33:00 +0530

YES Bank is planning to raise Rs 15,000-crore through the FPO

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NSE to accept gold bars produced by Indian refiners for settlement

Fri, 10 Jul 2020 14:10:00 +0530

Leading stock exchange NSE on Friday said it willaccept gold bars produced by the domestic refiners for settlement of the gold futures contracts traded on its platform.

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PI Industries hits record high on successful QIP issue; surges 8% in 2 days

Fri, 10 Jul 2020 14:00:00 +0530

Mutual Funds increased stake by more than four percentage points to 21.19 per cent in PI Industries, while FPIs hiked their holdings by nearly two percentage points to 13.82 per cent in June quarter

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Dollar peg is critical to Hong Kong amid threats from US, China worries

Fri, 10 Jul 2020 12:23:00 +0530

The HKD is pegged in a narrow range of 7.75-7.85 to the US dollar. The Hong Kong Monetary Authority (HKMA) buys and sells the currency at either limit to maintain the range

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Voda Idea shrugs off rental default report, recovers 12% from day's low

Fri, 10 Jul 2020 11:38:00 +0530

Vodafone Idea has been facing a financial crunch since the Supreme Court ordered it to pay Rs 54,000 crore as AGR to the government

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Firstsource Solutions up 10% as Rakesh Jhunjhunwala increases stake in Q1

Fri, 10 Jul 2020 11:17:00 +0530

After reducing stake in the previous three consecutive quarters, Rakesh Jhunjhunwala increased his stake in the company to nearly 3 percentage points.

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Pharma shares gain; Biocon, Granules hit record highs, Sun Pharma up 3%

Fri, 10 Jul 2020 10:42:00 +0530

At 10:27 am, Nifty Pharma index was up 1.5 per cent, as compared to 0.22 per cent decline in the benchmark Nifty50 index

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PNB reports fraud of Rs 3,688.58 cr in DHFL account; stock slumps 7%

Fri, 10 Jul 2020 10:04:00 +0530

Shares of DHFL, meanwhile, tanked 4.8 per cent in the intra-day trade to hit a day's low of Rs 14.9 apiece on the BSE

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TCS shares recover, end 0.8% up post Q1FY21 nos; here's what brokerages say

Fri, 10 Jul 2020 09:58:00 +0530

For the quarter under review, TCS reported a profit before tax (PBT) of Rs 9,504 crore, which was 9.6 per cent lower than in the previous quarter

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Insurance stocks in focus; SBI Life, HDFC Life up 4%; ICICI Pru slips 3%

Fri, 10 Jul 2020 09:51:00 +0530

The NBP of life insurance companies contracted 10.46 per cent YoY in June as compared to decline 32.6 per cent and 25.4 per cent in April and May, respectively

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India fuel demand extends recovery from 13-yr low as economic opens up

Fri, 10 Jul 2020 09:13:00 +0530

On a year-on-year basis, demand for diesel registered its fourth straight decline in June at 15.4%

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Stocks to watch: TCS, Tata Power, Adani Power, Tata Motors, PNB, Voda Idea

Fri, 10 Jul 2020 08:39:00 +0530

Here's a look at the top stocks that may remain in focus today

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Gold in overbought zone, wait for correction before buying: Bhavik Patel

Fri, 10 Jul 2020 08:29:00 +0530

Renewed cases of Covid-19 is keeping bulls in the hunt. Above $1820, we can see prices till $1850-$1870 in a short period

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Derivatives strategy for State Bank of India by HDFC Securities

Fri, 10 Jul 2020 08:10:00 +0530

The stock price is also placed above all important moving average parameters

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Overall fall in volatility giving comfort to the bulls: Nilesh Jain

Fri, 10 Jul 2020 08:01:00 +0530

The volatility index, IndiaVIX, fell by 5 per cent and ended at a 4-month low of 24.75 levels on Thursday

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MARKET WRAP: Sensex slips 143 pts amid weak global cues; financials decline

Fri, 10 Jul 2020 07:30:00 +0530

All that happened in the markets today

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Market Ahead, July 10: All you need to know before the opening bell

Fri, 10 Jul 2020 07:27:00 +0530

The June quarter results of TCS will be a major focus for the Indian markets today which is also likely to decide how the rest of the IT space trades throughout the session

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Gold price at Rs 49,100 per 10 gm, silver continues rally at Rs 51,900 a kg

Fri, 10 Jul 2020 06:44:00 +0530

In New Delhi, the price of 22-carat gold rises to Rs 47,900 per 10 gram, and in Chennai to Rs 47,180

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India will lose trillions due to crypto ban- An analysis by Adv PM Mishra

Thu, 09 Jul 2020 23:30:04 +0530

New Delhi [India] July 9 (ANI/Digpu): When countries like USA, UK, China, Japan, South Korea, Germany, Australia, and Russia along with small countries like Cambodia, Estonia can think about crypto regulation, it is really surprising to see the Indian Government thinking about banning cryptocurrencies.

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Farm organisations need better market linkage for returns, says report

Fri, 10 Jul 2020 02:18:00 +0530

These issues have assumed greater importance after the government allowed farmers to directly sell their produce to processors and traders

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Spike in Covid-19 cases halts revival of Surat's synthetic textile industry

Fri, 10 Jul 2020 01:44:00 +0530

Business activity across value chain is at 5-10% of the pre-pandemic level

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Oil slips 2% as resurgent Covid-19 makes investors worry about US demand

Fri, 10 Jul 2020 01:03:00 +0530

Brent crude futures fell 85 cents, or 2 per cent, to $42.44 a barrel by 12:58 p.m

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Wall Street slips as surging virus cases dent recovery hopes; Dow falls 1%

Thu, 09 Jul 2020 21:24:00 +0530

The Labor Department's most timely data on the economy showed 1.31 million Americans filed for state unemployment benefits in the latest week

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Either sell or advise, Sebi says investment advisors can't do both

Thu, 09 Jul 2020 20:32:00 +0530

SEBI has stipulated segregation of services. At present, advisers carry out both advisory and distribution services and there is no segregation.

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Nifty dominance by top stocks at a record, four sectors grab lion's share

Thu, 09 Jul 2020 19:55:00 +0530

Top-5 and 10 stocks account for 42% and 62% respectively; up from 37% and 56% two year ago

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Sebi broadbases investors, relaxes ownership norms for bourses in GIFT City

Thu, 09 Jul 2020 19:24:00 +0530

Regulator expands shareholding limits of stock exchanges desirous of operating in IFSC

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FPO set for comeback as fund raising tool with Yes Bank's mega offering

Thu, 09 Jul 2020 18:27:00 +0530

The last successful FPO to hit the domestic market was in 2014 by Engineers India. Apart from that, only three others have successfully launched an FPO

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MF industry witnesses steep cuts in fresh allocations to equity schemes

Thu, 09 Jul 2020 18:09:00 +0530

Equity schemes mobilised Rs 13,760 crore in June, 28% below 12-month average

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TCS: Q1 profit slips 13.8% YoY to Rs 7,008 cr, wins deals worth $6.9 bn

Thu, 09 Jul 2020 18:08:00 +0530

The company also announced an interim dividend of Rs 5 per equity share.

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Apollo-Backed Blank-Check Company Surges 71% on Possible Fisker Deal

Fri, 10 Jul 2020 14:55:35 +0000

Apollo-Backed Blank-Check Company Surges 71% on Possible Fisker Deal

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Tropical Storm Fay’s Winds Will Reach New York Friday Afternoon

Thu, 09 Jul 2020 20:42:37 +0000

New York Is Set for Heavy Rainfall From Tropical Storm Fay

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Gilead’s Remdesivir Linked to 62% Reduction in Mortality Risk

Fri, 10 Jul 2020 13:36:51 +0000

Gilead’s Remdesivir Linked to 62% Reduction in Mortality Risk

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Asia IT Giant’s CEO Warns Trump’s Visa Curbs Will Cost U.S.

Fri, 10 Jul 2020 08:19:55 +0000

TCS CEO Warns ‘Ignorance’ on Trump Visa Curbs Will Raise Costs

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Harvard Endowment Chief Was Paid $8.6 Million in 2018

Fri, 10 Jul 2020 15:00:56 +0000

Harvard Endowment Chief Was Paid $8.6 Million in 2018

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Hong Kong Police Raid Pollster Working With Democracy Movement

Fri, 10 Jul 2020 13:48:57 +0000

Hong Kong Police Raid Pollster Working With Democracy Movement

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Erdogan Gets His Way as Court Ruling Makes Hagia Sophia a Mosque

Fri, 10 Jul 2020 13:04:26 +0000

Turkish Court Paves Way to Convert Hagia Sophia Into Mosque

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Fed’s Kaplan Says Mask Use Would Spur Growth, Boost Jobs

Fri, 10 Jul 2020 13:24:47 +0000

Fed’s Kaplan Says Mask Use Would Spur Growth, Curb Joblessness

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One Tool to Cut Racism in Policing: Traffic Cameras

Fri, 10 Jul 2020 13:00:15 +0000

One Tool to Cut Racism in Policing: Traffic Cameras

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Remdesivir Tied to Fewer Deaths; Florida Cases Up: Virus Update

Thu, 09 Jul 2020 23:09:05 +0000

Track the latest news and updates on the coronavirus outbreak from across the world here.

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Harvard Hearing on Fight Over Student Visas Is Set for July 14

Fri, 10 Jul 2020 14:44:14 +0000

Harvard Hearing on Fight Over Student Visas Is Set for July 14

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Disney Parks Diverge: Florida Opens, California Stays Shut

Fri, 10 Jul 2020 11:00:00 +0000

A Tale of Two Disneys: Florida Parks Open, California Stays Shut

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Google to Restrict Advertising of Tracking Technology, Spyware

Fri, 10 Jul 2020 14:36:17 +0000

Google to Restrict Advertising of Tracking Technology, Spyware

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Global Air Travel Is Recovering With Big Domestic Boost in Asia

Fri, 10 Jul 2020 06:46:10 +0000

Global Air Travel Is Recovering With Big Domestic Boost in Asia

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Fake Pilot Scandal Prompts U.S. to Block Pakistan’s Flag Carrier

Thu, 09 Jul 2020 23:13:22 +0000

U.S. bars Pakistan’s national airline after almost one-third of the nation’s pilots were found to have faked certifications.

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EV Maker Rivian Raises $2.5 Billion in New Funding Round

Fri, 10 Jul 2020 14:05:16 +0000

EV Maker Rivian Raises $2.5 Billion in New Funding Round

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Wall Street’s Campaign to Hire Black Talent Isn’t Going So Well

Fri, 10 Jul 2020 12:00:07 +0000

Wall Street’s Campaign to Hire Black Talent Isn’t Going So Well

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China State Funds Start Selling in Warning Sign for Stock Rally

Fri, 10 Jul 2020 02:28:21 +0000

China State Funds Start Selling in Warning Sign for Stock Rally

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U.S. Producer Prices Unexpectedly Declined in June on Food Costs

Fri, 10 Jul 2020 12:42:16 +0000

U.S. Producer Prices Unexpectedly Declined in June on Food Costs

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Canada Adds 953,000 Jobs, Blowing Past Monthly Estimates

Fri, 10 Jul 2020 12:45:59 +0000

Canada Adds 953,000 Jobs, Blowing Past Monthly Estimates

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U.K.’s Johnson to Make Decision on Huawei’s Future on July 14

Fri, 10 Jul 2020 14:19:40 +0000

U.K.’s Johnson to Make Decision on Huawei’s Future on July 14

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India’s Wealthiest Tycoon Ambani Now Richer Than Warren Buffett

Fri, 10 Jul 2020 11:38:44 +0000

The chairman of Reliance Industries Ltd. is now worth $68.3 billion.

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Virus Storm Threatens to Engulf South Africa’s Hospitals

Fri, 10 Jul 2020 04:00:00 +0000

Virus Storm Threatens to Engulf South Africa’s Healthcare System

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Trump’s Attack on International Students Is Disgraceful

Fri, 10 Jul 2020 12:00:14 +0000

Trump’s Attack on International Students Is Disgraceful

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Japan Companies Scoops Up Cash in Busiest Day for Bonds in 2020

Fri, 10 Jul 2020 05:33:58 +0000

Japan Companies Scoops Up Cash in Busiest Day for Bonds in 2020

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Why Biofuels Have Been Left Behind

Fri, 10 Jul 2020 10:15:14 +0000

Why Biofuels Have Been Left Behind

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Pill-Popping Bolsonaro Sows Covid Chaos at Brazil’s Hospitals

Fri, 10 Jul 2020 14:01:39 +0000

Pill-Popping Bolsonaro Sows Covid Chaos at Brazil’s Hospitals

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Avis Bets Antiseptic Aroma Can Revitalize Rental-Car Demand

Thu, 09 Jul 2020 21:35:06 +0000

Avis Bets an Antiseptic Aroma Will Revitalize Rental-Car Demand

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Francophone Group Lifts Four-Year Sanctions Against Burundi

Fri, 10 Jul 2020 10:02:10 +0000

Francophone Group to Lift Four-Year Sanctions Against Burundi

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Another Donald Trump Foreign Policy Foray Goes Awry

Fri, 10 Jul 2020 04:00:01 +0000

Trump’s Entry Into African Diplomacy Stumbles Over Nile Dispute

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Nigeria Misses Revenue Target on Low Oil Prices and Output

Fri, 10 Jul 2020 07:03:45 +0000

Nigeria Misses Revenue Target on Low Oil Prices and Output

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South Africa’s ANC Suggests Pension Funds Take Some Eskom Assets

Thu, 09 Jul 2020 18:34:51 +0000

South Africa’s ANC Suggests Pension Funds Take Some Eskom Assets

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Scrapped Pipeline Imperils Comeback for Biggest U.S. Gas Patch

Fri, 10 Jul 2020 11:30:00 +0000

Scrapped Pipeline Imperils Comeback for Biggest U.S. Gas Patch

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U.S. Plans South China Sea Announcement With Tensions Escalating

Fri, 10 Jul 2020 14:33:40 +0000

U.S. Plans South China Sea Announcement With Tensions Escalating

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U.K.’s $1.8 Billion Gasoline Trade to America Hit Zero in June

Fri, 10 Jul 2020 04:00:00 +0000

U.K.’s $1.8 Billion Gasoline Trade to America Hit Zero in June

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U.K. Won’t Join EU Vaccine Program in Latest Brexit Test

Fri, 10 Jul 2020 07:39:21 +0000

U.K. Turns Down Option to Join EU Coronavirus Vaccine Program

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U.K. Says ‘Significant Differences’ Remain in Post-Brexit Talks

Fri, 10 Jul 2020 10:59:32 +0000

U.K. Says ‘Significant Differences’ Remain in Post-Brexit Talks

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U.S. Treasuries Lead Rally in Long-Dated Bonds on Haven Demand

Fri, 10 Jul 2020 11:20:26 +0000

U.S. Treasuries Lead Rally in Long-Dated Bonds on Haven Demand

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Fox News Got a Big Boost on YouTube From an Algorithm Change

Fri, 10 Jul 2020 09:00:34 +0000

Fox News Got a Big Boost on YouTube From an Algorithm Change

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Netherlands to Sue Russia at Human Rights Court Over MH17

Fri, 10 Jul 2020 14:28:13 +0000

Russia Faces Dutch Suit at Human Rights Court Over MH17

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S&P 500 Flashes Sign That Marked End of Every Modern Bear Market

Fri, 10 Jul 2020 14:29:57 +0000

S&P 500 Flashes Sign That Marked End of Every Modern Bear Market

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Unilever Weighs Scaling Back Scope of Tea Business Sale

Fri, 10 Jul 2020 14:00:19 +0000

Unilever Weighs Scaling Back Scope of Tea Business Sale

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A New World Order for the Coronavirus Era Is Emerging

Fri, 10 Jul 2020 04:00:32 +0000

Governments are tackling health, economic and a crisis of institutional legitimacy at a time of heightening geopolitical rivalry.

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Kim’s Sister Rules Out Talks With Trump, Seeks July 4th DVDs

Fri, 10 Jul 2020 01:42:19 +0000

Kim’s Sister Rules Out Talks With Trump, Seeks July 4th DVDs

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Trump Seeks to Harness Supreme Court Losses in Making 2020 Case

Fri, 10 Jul 2020 08:00:00 +0000

Trump Seeks to Harness Supreme Court Losses in Making 2020 Case

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Europe’s Latest Peace Efforts in Balkans Hit New Hurdle

Fri, 10 Jul 2020 04:00:00 +0000

Europe Wrests Initiative From Trump After Stumble in Balkans

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Trump Heading to Covid-Stricken Florida for Political Fundraiser

Fri, 10 Jul 2020 08:00:00 +0000

Trump Heading to Covid-Stricken Florida for Political Fundraiser

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Democrats Come Up Short Again in Bid to Investigate Trump

Fri, 10 Jul 2020 08:00:00 +0000

Democrats Come Up Short Again in Bid to Investigate Trump

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Russia ‘Not Optimistic’ About Saving Nuclear Pact With U.S.

Fri, 10 Jul 2020 10:23:34 +0000

Russia ‘Not Optimistic’ About Salvaging Nuclear Accord With U.S.

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China’s ‘Too Sudden’ Bond Selloff Is at Mercy of Stock Rally

Thu, 09 Jul 2020 20:00:00 +0000

China’s ‘Too Fast, Too Sudden’ Bond Rout at Mercy of Stock Rally

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Fear Is Mounting on an Island at the Edge of North Korea

Thu, 09 Jul 2020 21:00:30 +0000

It’s troublesome when Chinese trawlers show up off the Korean Peninsula. It’s even more alarming when they’re gone.

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Steve Cohen Takes On A-Rod in Push to Buy New York Mets

Fri, 10 Jul 2020 13:21:39 +0000

Steve Cohen Takes On A-Rod in Push to Buy New York Mets

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Seoul’s Missing Mayor Park Found Dead After Massive Search

Thu, 09 Jul 2020 12:14:02 +0000

Seoul Mayor Park Won-soon, a potential 2022 presidential candidate, was found dead hours after he was reported missing.

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Biden’s Economic Plan Gets a Lot of Big Things Right

Fri, 10 Jul 2020 10:30:14 +0000

Biden’s Economic Plan Gets a Lot of Big Things Right

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Dutch Central Bank Will Investigate Historical Links to Slavery

Fri, 10 Jul 2020 08:41:08 +0000

Dutch Central Bank Will Investigate Historical Links to Slavery

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Russia Sets First Formula One Race With Spectators for September

Fri, 10 Jul 2020 13:52:20 +0000

Russia Sets First Formula One Race With Spectators for September

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After Brief Virus Victory, Hong Kong Takes a Big Step Back

Fri, 10 Jul 2020 09:38:24 +0000

Hong Kong Takes Big Step Back With Virus Resurgence After Brief Period of Normal

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A $6 Billion UBS Hedge Fund Crushes Peers

Fri, 10 Jul 2020 12:00:23 +0000

A $6 Billion UBS Hedge Fund Crushes Peers

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Top U.S. Banks Set for Worst Quarter Since Financial Crisis

Fri, 10 Jul 2020 09:00:00 +0000

Biggest U.S. Banks Set for Worst Quarter Since Financial Crisis

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Number Of Containment Zones Spikes In India Amid Easing Lockdown

Fri, 10 Jul 2020 04:26:13 +0000

The number of containment zones in India jumped 1.5 times to 8,655 in June.

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Why Low-Earth Orbit Satellites Are the New Space Race

Fri, 09 Aug 2019 04:00:00 +0000

LEO satellites operate at between 500 kilometers (310 miles) and 2,000 kilometers above the Earth’s surface.

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Swedish Covid Strategy Has Nordic Neighbors Worried About Travel

Fri, 10 Jul 2020 13:55:12 +0000

Swedish Covid Strategy Has Nordic Neighbors Worried About Travel

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BQuick On July 10: Top 10 Stories In Under 10 Minutes

Fri, 10 Jul 2020 14:42:03 +0000

Top news, must-read stories and columns—all served up in less than 10 minutes.

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Patients Swamp Sun Belt Hospitals With Covid-19 on a Rampage

Fri, 10 Jul 2020 00:05:39 +0000

Patients Swamp Sun Belt Hospitals With Covid-19 on a Rampage

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Most U.S. Stocks Gain as Tech Shares Lag Behind: Markets Wrap

Thu, 09 Jul 2020 21:36:46 +0000

All you need to know about global markets today.

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Dartmouth’s Retreat Shows Rising Pandemic Toll on College Sports

Thu, 09 Jul 2020 21:40:08 +0000

Dartmouth Sports Cuts Show Pandemic’s Mounting Toll on Colleges

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Why Isn't California Criticized Like Florida on Covid-19?

Fri, 10 Jul 2020 12:30:15 +0000

Why Isn't California Criticized Like Florida on Covid-19?

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India IIP: Industrial Activity Continued To Contract In May But At A Slower Pace

Fri, 10 Jul 2020 12:35:44 +0000

Industrial Activity Continued To Contract In May But At A Slower Pace

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Top Buyer Emirates Expects Boeing 777X to Miss 2021 Debut Target

Thu, 09 Jul 2020 16:26:04 +0000

Boeing 777X Likely to Miss 2021 Debut, Top Buyer Emirates Says

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Key Countries Agree to Help Bring Home Seafarers Stuck on Ships

Fri, 10 Jul 2020 05:58:47 +0000

Key Countries Agree to Help Bring Home Seafarers Stuck on Ships

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Top U.S. Commander Sees Iran in ‘Disarray’ After Soleimani’s Death

Fri, 10 Jul 2020 08:00:00 +0000

Top U.S. Commander Sees Iran in ‘Disarray’ After Soleimani Death

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U.S. Tariff Threat Isn’t Swaying France on Taxing Tech Giants

Thu, 09 Jul 2020 20:25:37 +0000

U.S. Plans Action Against France Over Taxing Tech Companies

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Anti-Government Protesters Defy Serb Ban With Peaceful Rally

Thu, 09 Jul 2020 11:53:36 +0000

Serb Leader Vows to Quell Protests as He Heads for Kosovo Talks

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Walmart a ‘Sleeping Giant’ in Health Care, Morgan Stanley Warns

Fri, 10 Jul 2020 13:38:29 +0000

Walmart a ‘Sleeping Giant’ in Health Care, Morgan Stanley Warns

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U.K. Job Vacancies Decline Even Amid Economy’s Reopening

Fri, 10 Jul 2020 11:26:38 +0000

U.K. Job Vacancies Decline Even Amid Economy’s Reopening

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Trump’s School-Reopening Gambit Stokes Fresh Concern on Recovery

Fri, 10 Jul 2020 09:00:00 +0000

U.S. Economy Caught in Trump Tug-of-War Over Reopening Schools

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India to Invite Australia for Naval Drill, Risking Beijing’s Ire

Thu, 09 Jul 2020 21:00:00 +0000

India plans to invite Australia to join the annual Malabar naval exercise that has so far included just Japan and the U.S.

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‘Poor Man’s Oil’ Image Is Ruining Sales in Top Palm Market

Thu, 09 Jul 2020 21:00:00 +0000

Palm oil has a severe image problem in India.

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How Companies Are Accounting for Covid-19

Fri, 10 Jul 2020 04:00:00 +0000

How Companies Are Accounting for Covid-19

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Default Risk for Indian Firms Drops At Fastest Pace in Decade

Fri, 10 Jul 2020 06:53:48 +0000

Global investors are breathing out a sigh of relief.

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Barrick to Seek Arbitration If It Can’t Settle PNG Mine Dispute

Fri, 10 Jul 2020 10:28:22 +0000

Barrick to Seek Arbitration If It Can’t Settle PNG Mine Dispute

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Why Trump May Want to Watch Poland’s Election

Fri, 10 Jul 2020 04:00:37 +0000

Why Trump May Want to Watch Poland’s Election

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BASF Weathers Auto Slump With Better-Than-Expected Earnings

Fri, 10 Jul 2020 14:03:34 +0000

BASF Weathers Auto Slump With Better-Than-Expected Earnings

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Zilingo Cuts 12% More Jobs as Online Fashion Shopping Plummets

Thu, 09 Jul 2020 03:28:23 +0000

Zilingo Cuts 12% More Jobs as Online Fashion Shopping Plummets

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Google, Temasek Are Said to Be in Talks to Invest in Tokopedia

Fri, 03 Jul 2020 03:01:08 +0000

Google and Temasek to join a funding round of between $500 million and $1 billion for Indonesian e-commerce giant Tokopedia.

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Who’s Desperate to Get Back to the Gym?

Fri, 10 Jul 2020 06:00:30 +0000

Who’s Desperate to Get Back to the Gym?

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Kyle Bass Takes on a Widowmaker Currency Trade

Thu, 09 Jul 2020 23:00:32 +0000

Kyle Bass Takes on a Widowmaker Currency Trade

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Agios Pharma CEO Jackie Fouse Looks Ahead After Lackluster Start

Fri, 10 Jul 2020 11:16:38 +0000

Agios Pharma CEO Jackie Fouse Looks Ahead After Lackluster Start

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Punjab National Bank Makes $226 Million Provision on Dewan Fraud

Thu, 09 Jul 2020 14:34:13 +0000

A fraud of Rs 3,690 crore is being reported to RBI in the accounts of DHFL, PNB says.

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CLSA Trader Sparks Debate on Race at China’s Top Brokerage

Fri, 03 Jul 2020 02:28:20 +0000

CLSA Trader Sparks Debate on Race at China’s Biggest Brokerage

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Elephant Deaths May be Due to ‘Novel Disease,’ Botswana Says

Fri, 10 Jul 2020 09:49:04 +0000

Botswana said a new pathogen may be responsible for the death of hundreds of elephants in the country.

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The Future of Urban Transport Faces a Make-or-Break Moment

Fri, 10 Jul 2020 04:00:00 +0000

The Future of Urban Transport Is Facing a Make-or-Break Moment

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Google, Amazon, J&J Join WHO to Fight Covid-Era Smoking

Fri, 10 Jul 2020 13:00:00 +0000

WHO Teams Up With J&J, Google, Amazon to Fight Covid-Era Smoking

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Caribbean Nations Selling Second Passports Are Slashing Prices

Fri, 10 Jul 2020 10:00:00 +0000

Caribbean Nations Selling Second Passports Are Slashing Prices

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Singapore Polls Close, Turnout Higher: Election Update

Fri, 10 Jul 2020 08:55:58 +0000

Singapore Sees Long Lines at Polling Stations: Election Update

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America Is Being Way Too Calm About Covid-19

Fri, 10 Jul 2020 11:00:17 +0000

America Is Being Way Too Calm About Covid-19

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Beware a $12 Trillion Pension Revolt Against Low Rates

Fri, 10 Jul 2020 10:00:14 +0000

Beware a $12 Trillion Pension Revolt Against Low Rates

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Market Wrap July 10: Markets Close Out Fourth Week Of Gains

Fri, 10 Jul 2020 13:56:25 +0000

Market Wrap July 10: Markets Close Out Fourth Week Of Gains

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Oil Rebounds on Dollar Weakeness Yet Demand Woes Linger

Fri, 10 Jul 2020 00:43:36 +0000

Oil Stuck in Tight Trading Range Set for Weekly Drop on Virus

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IEA Warns Oil Demand Recovery at Risk From Virus Resurgence

Fri, 10 Jul 2020 08:00:00 +0000

IEA Warns Oil Demand Recovery at Risk From Virus Resurgence

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Race to Replace Merkel Heats Up With Bavarian Outsider Surging

Fri, 10 Jul 2020 09:13:56 +0000

Bavarian Premier Leads Race to Replace Merkel Ahead of 2021 Vote

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Biggest Copper Producers Add to Growing Mine Disruption Fear

Fri, 10 Jul 2020 12:17:25 +0000

Biggest Copper Producers Add to Growing Mine Disruption Fear

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How Hong Kong Sanctions Could Threaten Wall Street

Tue, 07 Jul 2020 21:00:00 +0000

How Hong Kong Sanctions Could Threaten Wall Street

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Brazil Consumer Prices Post First Rise Since March on Food Costs

Fri, 10 Jul 2020 12:16:58 +0000

Brazil Consumer Prices Post First Rise Since March on Food Costs

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Brazilians Are Shunning Reopened Shops as Virus Upends Economy

Thu, 09 Jul 2020 10:00:00 +0000

Brazil’s aggressive push to reopen businesses before controlling the coronavirus pandemic is so far yielding only modest gains.

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Italy in Talks to Buy Stake in Telecom Italia Network

Thu, 09 Jul 2020 16:56:35 +0000

Italy in Talks to Buy Stake in Telecom Italia Network

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China Euphoria Spurs Rally Before Gains Are Trimmed

Fri, 10 Jul 2020 07:27:17 +0000

China Euphoria Spurs Rally Before Gains Are Trimmed

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U.K. House Prices Drop Most Since Financial Crisis in Lockdown

Fri, 10 Jul 2020 12:00:13 +0000

U.K. House Prices Drop Most Since Financial Crisis in Lockdown

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Oxygen Shortage Newest Crisis in Pakistan After Packed Hospitals

Thu, 09 Jul 2020 21:00:00 +0000

Oxygen Shortage Newest Crisis in Pakistan After Packed Hospitals

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As Asian Deals Disappear, India Becomes Unlikely M&A Hotspot

Wed, 08 Jul 2020 23:30:00 +0000

Mukesh Ambani’s ambitious courtship of international investors has helped turn India into a unique spot for dealmaking in 2020.

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China’s Tahoe Weighs $1 Billion Insurance Unit Sale

Fri, 10 Jul 2020 09:03:45 +0000

China’s Tahoe Weighs $1 Billion Insurance Unit Sale

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Greenwich Mansion Owned by Shoe Mogul Vince Camuto to Sell at Auction

Fri, 10 Jul 2020 12:20:06 +0000

Greenwich Mansion Owned by Shoe Mogul Vince Camuto to Sell at Auction

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China Credit Growth Accelerates in June as Economy Recovers

Fri, 10 Jul 2020 08:43:52 +0000

China Credit Growth Accelerates in June as Economy Recovers

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SoftBank’s $2.7 Billion June Buyback Pushes Stock to Highest in Two Decades

Fri, 10 Jul 2020 07:33:22 +0000

SoftBank’s $2.7 Billion June Buyback Pushes Stock to Highest in Two Decades

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Covid-19 Accelerated Profitability But Business Set Back By A Year: Zomato

Fri, 10 Jul 2020 13:52:22 +0000

Zomato’s revenue in the quarter ended June stood at $41 million.

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China Starts Taxing Its Citizens for Global Income

Fri, 10 Jul 2020 07:00:13 +0000

China Starts Taxing Its Citizens’ Global Income for First Time

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After Snubbing Amazon Donations, Brazil Hopes They’ll Resume

Thu, 09 Jul 2020 18:17:13 +0000

After Snubbing Donations for Amazon, Brazil Hopes They’ll Resume

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People’s Bank of China Cuts Stake in India’s Housing Development Finance

Fri, 10 Jul 2020 05:47:27 +0000

The Chinese central bank has dropped off the list of investors holding at least a 1% stake in the company as of end-June.

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Moody’s Warns of South Africa’s Debt Rising Above 100%

Fri, 10 Jul 2020 11:52:43 +0000

Moody’s Warns of South Africa’s Debt Rising Above 100%

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Lebanon Fences Off More of Its Economy Against Currency Crisis

Fri, 10 Jul 2020 11:17:27 +0000

Lebanon Fences Off More of Its Economy Against Currency Crisis

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China Points to Shrimp as Virus Carrier After Salmon Debacle

Fri, 10 Jul 2020 08:19:37 +0000

China Points to Shrimp as Covid-19 Carrier After Salmon Debacle

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Libyan Oil Exports Set to Resume as NOC Lifts Force Majeure

Fri, 10 Jul 2020 13:35:10 +0000

Libyan Oil Exports Set to Resume as NOC Lifts Force Majeure

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Three Years Of GST: The Top Taxpayers And Compliance So Far

Fri, 10 Jul 2020 13:40:36 +0000

Public and private companies contributed 63% of total GST revenues while they made up 6.5% of the total taxpayers.

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Malaysia Sought Hong Kong’s Help in Hunt for 1MDB Fugitives

Fri, 10 Jul 2020 09:57:54 +0000

Malaysia Sought Hong Kong’s Help in Hunt for 1MDB Fugitives

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Howard Blazes Trail For Black Colleges on Market’s Sideline

Thu, 09 Jul 2020 18:38:10 +0000

Howard Blazes Trail For Black Colleges on Bond Market’s Sideline

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Bank of England Urged to End Virus Funding for Carbon Emitters

Fri, 10 Jul 2020 10:44:32 +0000

Bank of England Urged to End Virus Funding for Carbon Emitters

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Singapore Election Sees Record Number of Women Vying for Votes

Thu, 09 Jul 2020 23:00:00 +0000

Singapore Election Sees Record Number of Women Vying for Votes

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Free Cars, $20 Down Payments in Philippines as Auto Sales Dive

Fri, 10 Jul 2020 04:43:11 +0000

Free Cars, $20 Down Payments in Philippines as Auto Sales Dive

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Coronavirus Couldn’t Stop This Black Female Director’s First Summer Blockbuster

Fri, 10 Jul 2020 10:30:17 +0000

Coronavirus Couldn’t Stop This Black Female Director’s First Summer Blockbuster

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Global Banks Risk Breaching China Law by Complying With U.S.

Thu, 09 Jul 2020 16:00:00 +0000

Hong Kong’s autonomy becomes a volatile point of friction between the U.S. and China.

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South African Regulator Rebukes Insurers Over Virus Claims

Thu, 09 Jul 2020 17:08:03 +0000

South African Regulator Rebukes Insurers Over Virus Claims

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Billionaire’s Empire Unexpectedly Thrives in Top Covid Hotspot

Fri, 10 Jul 2020 11:00:00 +0000

Billionaire’s Empire Unexpectedly Thrives in Top Covid Hotspot

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McConnell Casts Doubt on GOP Convention: Campaign Update

Fri, 10 Jul 2020 11:59:54 +0000

McConnell Casts Doubt on Florida GOP Convention: Campaign Update

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Singaporeans Head to the Polls as the City Grapples With the Virus

Thu, 09 Jul 2020 21:00:00 +0000

Singapore heads to the polls Friday as Prime Minister Lee Hsien Loong’s ruling party seeks to extend its 55-year rule.

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Bringing Students Back to College Poses Ultimate Test for Many

Fri, 10 Jul 2020 11:00:00 +0000

Bringing Students Back to College Poses Ultimate Test for Many

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U.S. School Fight, Canada Jobs Day, Caribbean Passports: Eco Day

Fri, 10 Jul 2020 10:48:46 +0000

U.S. School Fight, Canada Jobs Day, Caribbean Passports: Eco Day

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China’s Tough Talk on U.S. Sanctions Leaves Room to Cool Tension

Fri, 10 Jul 2020 08:12:49 +0000

China Vows Retaliation After U.S. Sanctions Politburo Member

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EU Unveils Bid to Break Deadlock on 750 Billion-Euro Plan

Fri, 10 Jul 2020 09:57:56 +0000

EU Unveils Bid to Break Deadlock on 750 Billion-Euro Plan

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Jefferies Expects Tata Power To Underperform After Gujarat Revokes Tariff Hike Order

Fri, 10 Jul 2020 13:01:29 +0000

The brokerage changed its rating on the stock to ‘Underperform’ from ‘Hold’.

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Oil Refineries in Covid Hotspot of Texas Grapple With Outbreaks

Thu, 09 Jul 2020 20:29:01 +0000

Oil Refineries in Covid Hotspot of Texas Grapple With Outbreaks

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Israel’s Return to Lockdown Offers a Cautionary Tale

Fri, 10 Jul 2020 07:00:30 +0000

Israel’s Return to Lockdown Offers a Cautionary Tale

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Why This China Bull Run Isn’t a Repeat of 2015

Thu, 09 Jul 2020 22:00:32 +0000

If anything, we aren’t mirroring 2015 at this point. It feels rather like 2014, when China’s bull was just waking up.

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With SoftBank Rally, Masa Son Adds $12 Billion to Fortune

Thu, 09 Jul 2020 17:11:24 +0000

SoftBank’s Son Defies Critics to Engineer Record Fortune

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Yuan Turns Into Global Risk Bellwether as China Leads Recovery

Thu, 09 Jul 2020 21:30:00 +0000

Yuan Turns Into Global Risk Bellwether as China Leads Recovery

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U.S. Jobless Claims Fall While Corporate Cuts Signal More Pain

Thu, 09 Jul 2020 12:33:19 +0000

Applications for unemployment benefits in the U.S. declined last week, easing concerns of a renewed downturn in the labor market.

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Johannesburg Gold Stocks Slay Records as Virus Bolsters Bullion

Fri, 10 Jul 2020 10:14:08 +0000

Johannesburg Gold Stocks Slay Records as Virus Bolsters Bullion

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Starting at $500,000: A Swiss Mountain Vault for Storing Riches

Fri, 10 Jul 2020 07:00:32 +0000

Starting at $500,000: A Swiss Mountain Vault for Storing Riches

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U.S. Daily Cases Top 60,000; Record Texas Deaths: Virus Update

Wed, 08 Jul 2020 22:44:45 +0000

Track the latest news and updates on the coronavirus outbreak from across the world here.

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Europe Stocks Climb to Friday High Amid Positive Company Updates

Fri, 10 Jul 2020 07:15:05 +0000

European Stocks Fall as Worries Mount About Rising Virus Cases

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ECB Seen Boosting Stimulus by December to Aid Fledgling Recovery

Fri, 10 Jul 2020 04:01:00 +0000

ECB Seen Boosting Stimulus by December to Aid Fledgling Recovery

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Yes Bank Sets 55% Discount for $2 Billion Share Offering

Fri, 10 Jul 2020 07:01:12 +0000

Yes Bank Sets 55% Discount for $2 Billion Share Offering

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Four Reasons Why Indonesia Bonds May Recover Mojo

Fri, 10 Jul 2020 00:25:04 +0000

Four Reasons Why Indonesia Bonds May Recover Mojo

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The Value of My $150,000 MBA Is Now in Question

Fri, 10 Jul 2020 10:00:17 +0000

The Value of My $150,000 MBA Is Now in Question

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What Google Data Tells Us About India’s Economic Recovery

Thu, 09 Jul 2020 21:00:00 +0000

A series of high-frequency indicators show India’s economy is struggling to win the adverse hit from the world’s biggest lockdown.

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Can an Emerging Market Become a Policy Pioneer?

Thu, 09 Jul 2020 23:00:30 +0000

The world’s biggest central banks are usually the ones to break tradition. Now Indonesia is charting a course for others to follow

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Tencent in Talks to Acquire Hong Kong-Listed Gaming Firm Leyou

Fri, 10 Jul 2020 05:53:14 +0000

Tencent in Talks to Acquire Hong Kong-Listed Gaming Firm Leyou

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The Ultra-Rich Lost Out in the Last Recession

Fri, 10 Jul 2020 05:00:30 +0000

Did The World Become More Equal After The Financial Crisis?

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A Looming Contest For Unenviable Bank CEO Jobs

Fri, 10 Jul 2020 06:15:22 +0000

A Looming Contest For Unenviable Bank CEO Jobs

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Hedge Fund Says Bonds Close to ‘Tipping Point’ After Debt Binge

Thu, 09 Jul 2020 19:00:00 +0000

Hedge Fund Says Bonds Close to ‘Tipping Point’ After Debt Binge

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A CoCo Bond That Wants to Save the World

Thu, 09 Jul 2020 05:00:34 +0000

A CoCo Bond That Wants to Save the World

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Ghislaine Maxwell’s Legal Team Needs to Mesh in Ugly, Decades-Old Charges

Fri, 10 Jul 2020 10:00:00 +0000

Maxwell’s Legal Team Needs to Mesh in Ugly, Decades-old Charges

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Europe Rushes to Bolster Trade Arsenal After U.S. Challenge

Fri, 10 Jul 2020 07:11:31 +0000

Europe Rushes to Bolster Trade Arsenal After U.S. Challenge

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Why Have You Not Been Grilling Chocolate This Whole Time?

Fri, 10 Jul 2020 12:10:14 +0000

Why Have You Not Been Grilling Chocolate This Whole Time?

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Nigerian President Buhari Suspends Anti-Graft Agency Head Magu

Fri, 10 Jul 2020 11:38:20 +0000

Nigerian President Buhari Suspends Anti-Graft Agency Head Magu

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China Clampdown on Coal Imports Looms After Record Buying Spree

Thu, 09 Jul 2020 23:21:23 +0000

China Clampdown on Coal Imports Looms After Record Buying Spree

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South Korea Unleashes New Property Curbs Amid Soaring Prices

Thu, 09 Jul 2020 20:00:00 +0000

South Korea’s government said it will raise property taxes for multiple-home owners.

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Alex Rodriguez, Jennifer Lopez Behind $1.7 Billion Mets Bid, NY Post Says

Fri, 10 Jul 2020 03:53:42 +0000

Rodriguez-Jennifer Lopez Behind $1.7 Billion Mets Bid, NYP Says

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Empty Offices Growing in Tokyo as Virus Gives Tenants Pause

Fri, 10 Jul 2020 04:27:35 +0000

Empty Offices Growing in Tokyo as Pandemic Gives Tenants Pause

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Tesla Shorts to Amass First-Ever $20 Billion Bet Against a Stock

Thu, 09 Jul 2020 21:33:42 +0000

The value of shares that have been sold short has climbed recently to $19.95 billion.

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Japan Keeps Coal Support With Nod to Long-Term Green Goals

Thu, 09 Jul 2020 01:30:30 +0000

Japan to Link Coal-Power Support With Long-Term Green Goals

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Five Tips for Talking to Your Boss About Relocating

Fri, 10 Jul 2020 11:00:19 +0000

Five Tips for Talking to Your Boss About Relocating

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TikTok Teens Try To Trick Trump Campaign, Again

Thu, 09 Jul 2020 20:01:57 +0000

TikTok-tivists flocked to the Apple App Store in the last few days to flood Trump’s 2020 campaign app with negative reviews.

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Europe’s Next Big Rescue Idea: Public Stakes in Small Firms

Thu, 09 Jul 2020 04:00:10 +0000

Europe’s Next Big Rescue Idea: Public Stakes in Small Firms

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Zimbabwe Gold Mines Lure Investor Despite Economic Ruin

Fri, 10 Jul 2020 04:00:00 +0000

Zimbabwe Gold Mines Lure Offshore Investor Despite Economic Ruin

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Copper Is Surging, But It Doesn’t Mean Economy Is Booming

Thu, 09 Jul 2020 18:00:04 +0000

Copper prices are surging, and for once it’s not because the economy is booming.

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South Korea Moon’s Support Falls Amid Soaring Housing Prices

Fri, 10 Jul 2020 02:41:42 +0000

South Korea Moon’s Support Falls Amid Soaring Housing Prices

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U.K. to Use Drones to Deliver Covid-19 Tests to Scottish Islands

Thu, 09 Jul 2020 23:01:00 +0000

U.K. to Use Drones to Deliver Covid-19 Tests to Scottish Islands

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Harvard ‘Flooded’ With Worries of Students Barred From U.S.

Thu, 09 Jul 2020 18:09:02 +0000

Harvard Is ‘Flooded’ With Worries of Students Barred From U.S.

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Most Indian Stocks Fall With Valuations Levels Flashing Caution

Fri, 10 Jul 2020 04:49:41 +0000

Indian shares fell, with the benchmark scale set for a fourth-straight weekly gain after technical indicators start flashing red.

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South Africa Hit by Power Cuts Even After Maintenance Boosted

Fri, 10 Jul 2020 11:25:42 +0000

South Africa Hit by Power Cuts Even After Maintenance Boosted

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Negative Crude Settlement: Bombay High Court Grants Relief To Motilal Oswal In Dhanera Diamonds Case

Wed, 08 Jul 2020 16:19:30 +0000

The Bombay HC restrained Dhanera Diamonds from disposing its assets and rejects its application seeking stay on arbitration.

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Day 577 in a Chinese Cell: Ex-Envoy’s Wife Fights in Huawei Standoff

Thu, 09 Jul 2020 00:01:31 +0000

Day 576 in China Cell: Ex-Envoy’s Wife Fights in Huawei Standoff

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Trump Tax Cases Are a Win for Supreme Court Credibility

Thu, 09 Jul 2020 18:00:30 +0000

Trump Tax Cases Are a Win for Supreme Court Credibility

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The Supreme Court Puts Trump in His Place

Thu, 09 Jul 2020 17:19:30 +0000

If you’re the president of the United States, you don’t stand above the law.

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Supreme Court Backs N.Y. Access to Trump Taxes, Blocks House

Thu, 09 Jul 2020 14:13:55 +0000

The U.S. Supreme Court rulings probably spare Donald Trump from the scrutiny that would have accompanied the disclosure this year.

How the FPO price of YES Bank implies a huge dilution for existing investors

Fri, 10 Jul 2020 20:31:09 +0530

In a bid to draw in investors for its follow-on public offer (FPO), YES Bank has set the price band at Rs 12-13 per share -- half the current market p

The white-collar fraud pandemic is as serious as Covid

Fri, 10 Jul 2020 18:46:13 +0530

Wirecard is the latest corporate scandal. The German company declared, last week, that it was unable to locate €1.9 billion of its bank deposits! Its

Mixed trend in spot rubber

Fri, 10 Jul 2020 17:49:47 +0530

Spot rubber concluded at the positive zone on Friday. RSS4 firmed up to ₹125.00 (124.00) per kg according to traders and the Rubber Board. The trend

Weak demand grips pulse prices

Fri, 10 Jul 2020 17:39:31 +0530

Amidst weak physical demand from the retainers and buying support from the millers, sluggish trend continued in pulse seeds and pulses in Indore mandi

Silver rates

Fri, 10 Jul 2020 16:05:12 +0530

Sugar demand remains steady

Fri, 10 Jul 2020 16:49:16 +0530

Sugar market in the beginning of the week was optimistic about hike in minimum selling price of sugar by ₹200 but by mid-week it remained unclear whic

Gold rates

Fri, 10 Jul 2020 15:25:07 +0530

Rupee skids 21 paise to end at 75.20 against US dollar

Fri, 10 Jul 2020 15:36:17 +0530

The Indian rupee weakened by 21 paise to close at 75.20 against the US dollar on Friday, tracking lower equities as investors seemed moving away from

SEBI rejigs advisory committee on mutual funds

Fri, 10 Jul 2020 13:11:39 +0530

The Securities and Exchange Board of India (SEBI) has revamped its committee that advises the capital markets regulator on matters related to regulat

NSE launches new gold standard for delivery

Fri, 10 Jul 2020 12:54:25 +0530

The National Stock Exchange has announced NSE Refiner Standards (NRS) for BIS-Standard gold to be delivered for settlement of the gold futures contrac

Punjab National Bank shares tank nearly 7 per cent

Fri, 10 Jul 2020 12:55:17 +0530

Shares of Punjab National Bank on Friday tumbled nearly 7 per cent after the company said it has reported a fraud of ₹3,688.58 crore in the non-perf

YES Bank sets floor price of ₹12 per share for FPO

Fri, 10 Jul 2020 12:35:37 +0530

YES Bank has set a floor price of ₹12 per share for its planned follow-on public offer (FPO) with a cap price of ₹13 per share.The decision was taken

INR might decline today

Fri, 10 Jul 2020 11:54:02 +0530

The rupee (INR), which ended yesterday’s session at 75, opened on a weaker note at 75.14. The local currency seems to be sustaining below the support

Sensex ends 143 points lower amid concerns over economy

Fri, 10 Jul 2020 16:27:21 +0530

Markets slumped on Friday on fresh sell-off in banking, FMCG, metals and energy sector stocks and amid worries that recent improvements in the econom

Jet Airways lenders to approach SEBI for removing 5% circuit limit on shares

Fri, 10 Jul 2020 09:14:20 +0530

The Committee of Creditors (CoC) of Jet Airways is likely to send a recommendation letter to the Securities and Exchange Board of India (SEBI) to remo

Asian stocks fall on virus worry

Fri, 10 Jul 2020 08:28:42 +0530

Asian shares and U.S. stock futures fell on Friday as record-breaking new coronavirus cases in several U.S. states stoked concerns that new lockdowns

US markets succumb to shutdown fears

Fri, 10 Jul 2020 08:28:35 +0530

Equity markets slid on Thursday after US data raised worries about the economy's recovery and doused enthusiasm that drove a Chinese stock rally for a

GNFC (₹170.5): Buy

Thu, 09 Jul 2020 22:05:48 +0530

The stock of Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) gained 4.3 per cent with above average volume on Thursday, breaking above a key

Day Trading Guide for July 10, 2020

Thu, 09 Jul 2020 19:05:22 +0530

₹1125 • HDFC Bank S1S2R1R2COMMENT 1110109511351150 Fresh long positions can be initiated with a stiff stop-loss if the stock rebounds up from ₹1,11

AMC stocks tumble as inflows into equity MFs plunge in June

Thu, 09 Jul 2020 22:19:40 +0530

Nippon Life fell 2.95% and HDFC Asset 2.58%; analysts, however, remain bullish for long-term

Equirus launches ‘MultiCap Fund’

Thu, 09 Jul 2020 21:51:36 +0530

Equirus PMS on Thursday launched ‘Equirus MultiCap Fund’ that aims to generate long- term returns by investing in equities with a focus on large-caps

‘Many debt MFs have given double-digit returns’

Thu, 09 Jul 2020 22:20:28 +0530

Markets have been on a wild swing, given the economic uncertainty and bleak prospects on corporate earnings. Mutual fund investors are clueless as to

BSE celebrates 147 years of trade

Thu, 09 Jul 2020 21:53:09 +0530

“We had code words and mainly hand gestures to buy and sell stocks. My commission was 0.5 paise,” Mahesh Gandhi, now aged 62, reminisces about his day

China’s central bank sells stake in HDFC

Thu, 09 Jul 2020 21:29:43 +0530

People’s Bank of China (PBoC) has sold a part or all of its stake in Housing Development Finance Corporation Ltd (HDFC). As on June 30, 2020, PBoC d

BSE StAR MF trade falls 11% in June

Thu, 09 Jul 2020 22:16:23 +0530

The drop is attributed to fund houses accepting forms for physical transactions.

Rising Covid cases: Gold cements its haven status

Thu, 09 Jul 2020 22:22:32 +0530

After struggling to find direction until last week, gold, punters’ eternal favourite, has today breached $1,800 a troy ounce to touch a multi-year hi

YES Bank FPO to open on July 15

Thu, 09 Jul 2020 18:27:21 +0530

Private sector lender YES Bank follow on public offer will open on July 15 and close on July 17.It plans to raise as much as ₹15,000 crore, by way of

Upcountry demand lifts tea prices in Kochi auctions

Thu, 09 Jul 2020 17:22:55 +0530

A robust upcountry demand has lifted prices of dust teas at Kochi auctions this week.Witnessing a strong demand in CTC grades in sale 28, the market f

Quality lends colour to turmeric

Thu, 09 Jul 2020 17:08:13 +0530

All the turmeric bags that arrived to the Erode Cooperative Marketing Society were sold on Thursday.“For the second consecutive day, all the bags were

Routine trade holds sugar steady

Thu, 09 Jul 2020 16:40:04 +0530

Sugar market ruled steady for the second consecutive day on routine demand, supply and volumes. Hike in minimum selling price of sugar by ₹200 still r

Silver rates

Thu, 09 Jul 2020 16:17:02 +0530

Gold rates

Thu, 09 Jul 2020 16:11:51 +0530

YES Bank FPO to open on July 15

Thu, 09 Jul 2020 15:35:40 +0530

Private sector lender YES Bank’s follow-on public offer will open on July 15 and close on July 17.It plans to raise as much as ₹15,000 crore by way of

Many debt funds have given double-digit returns, says Nippon Life chief

Thu, 09 Jul 2020 15:39:43 +0530

Markets have been on a wild swing, given the economic uncertainty and bleak prospects on corporates earnings. Mutual fund investors are clueless as to

Derivative trading trends indicate market rally slowing down

Thu, 09 Jul 2020 11:05:36 +0530

India’s stock market frenzy may witness a likely pause in the coming days, if one purely goes by the derivatives trading data, analysts told Business

Rupee: Be cautiously bullish intraday

Thu, 09 Jul 2020 11:02:18 +0530

The rupee (INR) posted a loss of one-tenth of a per cent yesterday against the US dollar (USD). As a result, the local currency closed just below the

Banking, metal stocks drive Sensex higher by 400 points

Thu, 09 Jul 2020 15:54:24 +0530

Equity benchmark Sensex jumped over 400 points on Thursday helped by gains in financial and metal stocks amid positive cues from global markets.After

Asian markets trade almost flat in early trade

Thu, 09 Jul 2020 08:29:50 +0530

Asian stocks were expected to rise on Thursday, as hopes of a robust economic recovery offset concerns over flare-ups in the coronavirus pandemic, an

Dow ends 177 points higher; Nasdaq at record high

Thu, 09 Jul 2020 08:29:15 +0530

Global stocks rose on Wednesday as recovery hopes overcame fears that a surge in coronavirus cases would slow the U.S. economy, but many investors sti

Day Trading Guide for July 9, 2020

Wed, 08 Jul 2020 20:26:41 +0530

₹1109 • HDFC Bank S1S2R1R2COMMENT 1095108011201135 Initiate fresh short positions with a tight stop-loss if the stock declines below ₹1,095 levels

Broker’s Call: State Bank of India

Wed, 08 Jul 2020 20:51:02 +0530

Capitalvia Global State Bank of India Target ₹215CMP: ₹191.95The State Bank of India (SBI) offers a range of products and services for personal, busin

Broker’s call: Cummins India (Sell)

Wed, 08 Jul 2020 20:50:53 +0530

Motilal Oswal FinancialCummins India (Sell)Target: ₹330CMP: ₹411.30The transition from CPCB-II to CPCB-IV (fourth phase of emission standards proposed

MF equity inflows hit new low in June on high redemption

Wed, 08 Jul 2020 22:07:43 +0530

Suresh P IyengarInflows into equity schemes of mutual funds plunged to a new low of ₹241 crore in June against ₹5,256 crore in the same period last y

SBI board panel clears SBICAP’s plan to invest in Investec to form JV

Wed, 08 Jul 2020 20:51:36 +0530

The Executive Committee of State Bank of India’s Central Board on Wednesday accorded its approval to SBI Capital Markets Ltd (SBICAP), the Bank’s whol

Meghmani Organics (₹58.7): Buy

Wed, 08 Jul 2020 20:22:34 +0530

Investors with a short-term horizon can buy the stock of Meghmani Organics at current levels. The stock has been in a medium-term uptrend since it re

MCX-Nickel beats a critical hurdle

Wed, 08 Jul 2020 20:20:33 +0530

The July futures contract of nickel on Multi Commodity Exchange (MCX), which was on a decline since mid-June, took support at ₹950 and began to rally.

Mixed trend in pulses

Wed, 08 Jul 2020 19:31:37 +0530

Pulse seeds at the mandis in Indore showed a mixed trend with moong and urad gaining on improved buying support at lower rate. On Wednesday, moong (bo

Kochi pepper market rule steady on good demand-supply

Wed, 08 Jul 2020 19:20:27 +0530

Witnessing a good demand-supply position, pepper market has closed steady on Wednesday with a trading of 60 tonnes.Since a good quantity offering has

CBDT, SEBI tie up to exchange data

Wed, 08 Jul 2020 20:29:23 +0530

The Central Board of Direct Taxes (CBDT), apex policy making body for personal income tax and corporate tax, and capital market regulator, SEBI, have

Turmeric: Arrivals down, prices stable

Wed, 08 Jul 2020 18:06:20 +0530

Arrivals of turmeric to the markets in Erode registered a decline, though the prices remained more or less unchanged. Inflow of the commodity in other

MFs equity inflow plunge to a new low in June

Thu, 09 Jul 2020 12:50:12 +0530

Inflows into the equity schemes of mutual funds plunged to a new low of ₹241 crore in June against ₹5,256 crore logged in the same period last year du

Equity markets are now expensive, can remain so: DSP Mutual Fund

Wed, 08 Jul 2020 17:53:08 +0530

PE multiple not the only valuation metric to assess equities, says Kalpen Parikh

Silver rates

Wed, 08 Jul 2020 16:42:03 +0530

MF equity investors lost up to 27% in past year

Thu, 09 Jul 2020 08:47:35 +0530

Most equity schemes have given negative returns

Gold rates

Wed, 08 Jul 2020 16:37:03 +0530

Mirae launches Banking and PSU Debt Fund

Wed, 08 Jul 2020 16:14:42 +0530

Mirae Asset Investment Managers has launched an open-ended debt scheme, Banking and PSU Debt Fund, which opened for subscription on Wednesday will cl

Gold pierces $1,800 barrier in run to 9-year peak as virus woes mount

Wed, 08 Jul 2020 15:35:36 +0530

Safe-haven demand for the precious metal has been the strongest in countries hit the hardest.

Sugar rules steady; mills carry surplus stocks

Wed, 08 Jul 2020 16:32:18 +0530

Sugar ruled steady all levels on Wednesday after rising by ₹20-30 per quintal the previous day on talk of an increase in the minimum selling price (

MF equity inflows plunge to new low in June

Wed, 08 Jul 2020 15:00:00 +0530

Inflows into the equity schemes of mutual funds plunged to a new low of ₹241 crore in July against ₹5,256 crore logged in the same period last year as

Nifty 50 July Futures (10,789)

Wed, 08 Jul 2020 13:54:18 +0530

Tracking the mixed Asian markets, the Sensex and the Nifty 50 began the session on a flat note and witnessed an initial rally. But, the benchmak indic

UTI MF segregates Zee Learn investment of ₹44 crore

Wed, 08 Jul 2020 20:28:32 +0530

Move follows Care Ratings’ downgrade of Zee Learn to B

Rupee slips 9 paise to close at 75.02 against US dollar

Wed, 08 Jul 2020 16:10:59 +0530

The rupee depreciated nine paise to settle at 75.02 (provisional) against the US dollar on Wednesday tracking volatile domestic equities, rising crude

Sensex, Nifty snap five-day rally

Wed, 08 Jul 2020 15:51:24 +0530

Stock market indices snapped five-day rally today weighed down by the weakness IT, Telecom, Auto, Capital Goods and Banking sector stocks. According t

MCX to launch contest in mock index futures trading

Wed, 08 Jul 2020 08:50:38 +0530

MCX, the country’s largest commodity exchange, has announced a daily prize of ₹5,000 for investors who punch in maximum trades in the mock trading of

Asian stocks edge lower as corporate earnings loom

Wed, 08 Jul 2020 08:22:28 +0530

Markets largely in “wait and see mode” ahead of the upcoming earnings session

Dow, Nasdaq slip; Chinese stocks rally for straight sixth day

Wed, 08 Jul 2020 08:21:15 +0530

US dollar regains traction in forex markets

MCX-Natural gas: Go long above ₹143

Tue, 07 Jul 2020 21:27:20 +0530

The July futures contract of natural gas on Multi Commodity Exchange (MCX), which has been in a downtrend since early May, seems to have reversed the

Broker’s call: Tata Steel (long)

Tue, 07 Jul 2020 21:21:51 +0530

Equirus SecuritiesTarget: ₹386CMP: ₹330.15Tata Steel (TSL) has reported consolidated EBITDA in Q4-FY20 at ₹4,650 crore (down 38 per cent YoY but up 2

Tamil Nadu Newsprint & Papers (₹119.2): Buy

Tue, 07 Jul 2020 21:19:27 +0530

Investors with a short-term perspective can buy the stock of Tamil Nadu Newsprint & Papers at current levels. The stock took support in the band b

Day Trading Guide for July 8, 2020

Tue, 07 Jul 2020 20:25:00 +0530

₹1105 • HDFC Bank S1S2R1R2COMMENT 1092107511161130 Fresh long positions are recommended with a stiff stop-loss only if the stock moves beyond ₹1,11

Broker’s call: CCL Products (Buy)

Tue, 07 Jul 2020 21:21:22 +0530

LKP SecuritiesCCL Products (Buy)Target: ₹320CMP: ₹246CCL Products, formerly Continental Coffee Ltd, was promoted in 1995 by Challa Rajendra Prasad and

Suzlon plunges on results, CEO exit

Tue, 07 Jul 2020 21:14:33 +0530

Shares of Suzlon Energy on Tuesday declined 5 per cent after the company posted a consolidated net loss of ₹824 crore for the March quarter. The stoc

Insecticides dips on ₹20-cr fraud

Tue, 07 Jul 2020 21:12:59 +0530

Shares of Insecticides India slipped 3.23 per cent at ₹416.40 on the BSE, after it informed the exchanges about ₹20-crore fraud. According to Insecti

Weak demand drags chana

Tue, 07 Jul 2020 18:36:10 +0530

Majority of pulse seeds in Indore mandis either ruled stable or traded marginally lower on subdued demand with chana (kanta) being quoted at ₹4,250-75

Quality issues hit pepper prices in Kochi

Tue, 07 Jul 2020 18:38:17 +0530

Quality issues due to higher moisture content following the climate change has hit pepper prices in Kochi, which was down by ₹1 per kg on Tuesday. Pri

Bullish bets lift Nifty, Bank Nifty, as open interest surges

Tue, 07 Jul 2020 18:21:19 +0530

The Nifty and Bank Nifty index, two of the largest derivative contracts, have witnessed a massive built-up of derivative positions.Data from quant fun

Axis Bank gets nod to sell shares of Modex Intl clients

Tue, 07 Jul 2020 18:02:48 +0530

The Securities Appellate Tribunal has allowed Axis Bank to sell certain securities to recover dues worth up to ₹21.61 crore in the Modex International

Rossari Biotech plans first IPO in four months

Tue, 07 Jul 2020 18:02:12 +0530

Plans fresh issue of ₹50 crore; offer-for-sale of 1.05 crore by promoters

Talks of MSP hike sweetens sugar

Tue, 07 Jul 2020 17:54:53 +0530

Sugar prices rose by ₹30-40 a quintal at the Vashi wholesale market on talks that Centre has decided to raise minimum selling price of sugar by ₹200 t

RankMF launches investors MF portfolio analysis tool

Tue, 07 Jul 2020 17:33:15 +0530

RankMF, part of the discount broking firm Samco Group, has launched a new mutual fund upgradation tool called ‘SmartSwitch’ which analysis mutual fund

NBFCs, small bank stocks hit upper circuit

Tue, 07 Jul 2020 17:46:24 +0530

Bajaj Finance, Bandhan Bank lead the gains; decline in moratorium, deposit growth turn sentiment positive

GJEPC seeks sale of rough diamonds at special notified zone

Tue, 07 Jul 2020 15:59:10 +0530

The gems and jewellery industry has urged the Finance Ministry to allow sale of rough diamonds at the special notified zone for higher tax collection

Edible oil imports hit 8-month high in June as consumption goes up

Tue, 07 Jul 2020 15:14:16 +0530

India’s edible oil imports hit 8-month high in June 2020 as the supply pipelines started getting replenished after going nearly dry during April-May

Why gold prices rule high, despite a steep fall in demand

Tue, 07 Jul 2020 15:22:52 +0530

Prices in India are influenced by international trends and unscrupulous investments

Nifty 50 July Futures (10,717)

Tue, 07 Jul 2020 13:48:15 +0530

The Sensex and the Nifty 50 started the session marginally on positive note and witnessed a corrective decline. But, the benchmark indices recovered f

Silver rates

Tue, 07 Jul 2020 13:29:19 +0530

Gold rates

Tue, 07 Jul 2020 13:24:16 +0530

Franklin MF gets court permission to sell Zee, Dish TV shares pledged by Essel

Tue, 07 Jul 2020 11:31:52 +0530

The Delhi High Court has allowed Franklin Templeton Mutual Fund (MF) to recover dues worth ₹616 crore from Essel Group by selling the shares of Zee En

Trading at 74.7 vs dollar, rupee exhibits bullish bias

Tue, 07 Jul 2020 10:55:22 +0530

The rupee (INR) began Tuesday’s session on a flat note at 74.7 versus yesterday’s close of 74.68 against the dollar (USD). Since INR stays above the i

Rupee tumbles 25 paise to close at 74.93 against US dollar

Tue, 07 Jul 2020 15:42:12 +0530

The rupee extended the losses and settled 25 paise lower at 74.93 (provisional) against the US dollar on Tuesday amid strengthening American currency

IT, banking drive key indices higher; Infosys jumps 4 per cent

Tue, 07 Jul 2020 16:16:19 +0530

Stock market indices ended higher today driven by a rally in banking, IT and financial sectors. Equities after opening moderately higher, traded subdu

Hedge funds increase bullish U.S. crude bets

Tue, 07 Jul 2020 08:23:03 +0530

Hedge funds and other money managers raised their net long U.S. crude futures and options positions in the latest week, the U.S. Commodity Futures T

Asian stocks turn mixed in early trades

Tue, 07 Jul 2020 08:17:31 +0530

Asian markets looked set to rise on Tuesday as investors weighed growing expectations of an economic rebound in China and a resurgent U.S. services i

Wall Street surges as data spurs recovery hopes

Tue, 07 Jul 2020 08:16:21 +0530

Nasdaq sets fresh all-time, closing highs

Broker’s Call: Kajaria Ceramics (Buy)

Mon, 06 Jul 2020 20:59:26 +0530

Cholamandalam SecuritiesKajaria Ceramics (Buy)Target: ₹474CMP: ₹401Kajaria Ceramics (KJC) posted a weak set of Q4-FY20 numbers on the topline front wi

Broker’s Call: ITC (Buy)

Mon, 06 Jul 2020 20:58:40 +0530

Anand Rathi SecuritiesITC (Buy)Target: ₹285CMP: ₹199.75ITC Ltd reported a decline of 7.9 per cent in its consolidated revenue at ₹11,782.20 crore in Q

Tata Motors (₹109): Buy

Mon, 06 Jul 2020 20:57:06 +0530

The stock of Tata Motors gained 5.4 per cent with above average volume on Monday, breaking above a key resistance level of ₹104.With this rally the st

Day Trading Guide for July 7, 2020

Mon, 06 Jul 2020 20:32:43 +0530

₹1102 • HDFC Bank S1S2R1R2COMMENT 1088107411161130 Initiate fresh long positions with a tight stop-loss if the stock rebounds up from ₹1,088 levels

Demand for crude oil likely to bounce back, says IEA chief

Mon, 06 Jul 2020 22:00:31 +0530

Dr Fatih Birol, Executive Director, International Energy Agency, today said that the global demand for crude oil might touch 100 million barrels/ day,