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FOMC Meeting Outcome: Fed maintains monetary stimulus, cites moderating recovery

By Matthew Boesler Federal Reserve officials left their benchmark interest rate unchanged near zero as they flagged a moderating U.S. recovery and reiterated a pledge...

Five bidders vying for whole or part of Reliance Home Finance

Mumbai: Kotak Special Situations Fund (KSS), Asset Reconstruction Company (India) Ltd (Arcil), Acre ARC in association with their foreign partners, non banking finance company...

150 million units shipped: Smartphone market contracts 4% in 2020

New Delhi: India’s smartphone market declined 2-4% year-on-year to end 2020 with over 145-150 million unit shipments, data from leading market research firms showed....

ICICI Prudential Q3 results: Net profit rises marginally to Rs 306 crore

Leading private sector life insurer ICICI Prudential on Wednesday reported a marginal 1.3 per cent growth in net profit at Rs 306 crore for...

SBI Card MD and CEO Tewari resigns; appointed as SBI MD

New Delhi: SBI Card on Wednesday said its Managing Director and CEO Ashwini Kumar Tewari has resigned pursuant to his appointment as MD of...

Why green tax may not boost replacement demand for vehicles

The government’s proposal to impose “green tax” on old vehicles may not trigger a meaningful surge in the replacement demand given the lower quantum...

‘Complacency’ permeating markets on continued monetary support -IMF

A "sense of complacency" is permeating markets as investors, betting on continued accommodative monetary policy, are stretching asset prices, risking a sudden market correction,...

India inks MoU with IEA for global energy security, sustainability

New Delhi: India on Wednesday inked a strategic partnership agreement with the International Energy Agency (IEA) to strengthen cooperation in global energy security, stability...

Reliance Stock | Stock Market Crash: Is it time to buy Reliance as stock falls 7% in 2 days? Jal Irani answers

We would be looking for more realistic levels in terms of valuations for Reliance, says Jal Irani, Senior Vice President-Institutional Equities Researc, Edelweiss Securities. Reliance...

Govt may address inverted duty structure for certain steel products in Budget: Sources

NEW DELHI: The government is likely to address the issue of inverted duty structure for certain steel products in the Budget next week to...

sensex: Sensex plunges! Stocks that fell 5% or more

NEW DELHI: The benchmark equity index BSE Sensex closed 937.66 points down at 47,409.93 on account of selling in frontline bluechip counters. On the BSE,...

From doing yoga to charitable causes, how to lead a fulfilling life post-retirement

From doing yoga to charitable causes, how to lead a fulfilling life post-retirement
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BoB CEO warns about stress in retail, SME loans; QIP likely this qtr

MUMBAI: Bank of Baroda (BoB) CEO Sanjiv Chadha has warned about a build up in stress in the retail and SME book as the...

Employers are optimistic about raises and hiring in 2021, according to a new Indeed survey

The survey details employer sentiment about work-life balance, hiring, layoffs, the future of remote work, and...

E-commerce will play important role in Atmanirbhar Bharat vision: Amazon India head

New Delhi: E-commerce will play an important role in the government's vision of 'Atmanirbhar Bharat' (self-reliant India) as more homegrown brands scale up and...

Quess Corp net drops 39%, invests in gig-economy startup Taskmo

BENGALURU: Quess Corp reported a 39% decline in net profit to Rs 46 crore during the quarter to December. The largest private sector staffing...