Category: Finance

indian oil: IOC, BPCL resume work on select projects, gear up to ramp up operations post-lockdown

New Delhi: Indian Oil Corp and Bharat Petroleum Corp Ltd (BPCL) are among the state-owned oil PSUs which on Tuesday resumed work on select projects...

Pay health insurance premiums in instalments

In a bid to offer some respite to policyholders dealing with any liquidity crunch arising out of the lockdown, the Insurance Regulatory and Development Authority...

Arvind Kejriwal: Delhi govt to give 2000 food coupons each to MPs, MLAs for distribution among the needy: CM

New Delhi: The Delhi government will give 2,000 food coupons each to every MLA and MP in the city for distribution among the needy in...

Industry: Boom time for cloud services as work comes home

New Delhi: The public cloud industry is set to get a boost as companies across sectors are forced to depend on remote working amid the...

Uddhav Thackeray’s nomination to Council: ball is in Governor’s court

Mumbai: With the High Court refusing to interfere, all eyes are now on Maharashtra Governor Bhagat Singh Koshyari who will have to take a decision...

F&O: Nifty behaviour suggests bearish implication for market

By Chandan Taparia Nifty opened with a downward gap of more than 250 points on the back of a sharp drop in crude oil prices...

Scamsters spin ‘blessing looms’ to mint easy money as world battles corona crisis

NEW DELHI: As the world battles the coronavirus pandemic, fraudsters are minting easy money with numerous ‘blessing loom’ scams, where gullible people are being lured...

Stock Market: I would not put a penny more in this market: Ajay Srivastava

Jim Rogers says he is betting on agri commodities. What are you betting on within equities?I am betting on keeping my money in the bank...

South China Sea: Two US warships in South China Sea amid China-Malaysia standoff

KUALA LUMPUR: Two US warships are operating in the South China Sea, the Navy said on Tuesday, with three regional security sources saying they were...

The S11 dormitory: Inside Singapore’s biggest coronavirus cluster

SINGAPORE: For Habibur Rahman, the only glimpse of life outside the four walls of the cramped Singapore dormitory room he shares with 11 other migrant...

UN calls for scaling up all efforts to confront pandemic

UNITED NATIONS: The UN General Assembly has approved a resolution calling for global action to rapidly scale up development, manufacturing and access to medicine, vaccines...

Chinese auto companies speed in despite local wariness

Mumbai: Unfazed by the Indian government’s clamps on Chinese foreign direct investment (FDI), leading automobile makers from China are ready to go ahead with close...

India’s spending on Covid-19 tests crosses Rs 100 crore

Mumbai: Each Covid-19 test costs roughly Rs 2,500, taking the total amount spent on them in India so far to a little over Rs 100...

Home ministry’s lockdown clause makes firms nervous about getting back to work

Chandigarh: Industry leaders want to urgently resume operations as the lockdown has been eased, but they are terrified by a clause in the home ministry’s...

Haryana: In​dustry seeks nod to run 571 units in Haryana during lockdown

Chandigarh: As per the consolidated revised guidelines issued by the Union Ministry of Home Affairs for the smooth running of industries and other establishments during...

crude oil price today: Oil plunges below zero for first time in unprecedented wipeout

By Catherine Ngai, Olivia Raimonde and Alex Longley Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has...

covid virus in Germany: Angela Merkel warns of relapse risk as restrictions ease

BERLIN: Chancellor Angela Merkel warned that public discussion about easing restrictions to contain the coronavirus risked sparking a new wave of infections even as Germany...

View: The rise & hard fall of SoftBank

Fuelled by petro-dollars, cheap Wall Street debt and pixie dreams of multi-billion dollar valuation pops, Softbank and its unicorn hunter founder Masayoshi Son was the...

covid impact: How countries around the world are helping employees & employers

The worst economic disaster in decades has seen govts in Europe, North and South America, Asia and Africa roll out special schemes to shore up...

View: If lockdown was managing public health, now comes the economic challenge

India has entered the next phase of its unique lockdown strategy, one that will determine if it can create a ‘new normal’ in which Covid...

I-T department watchful of transactions with companies from tax havens

NEW DELHI: The income tax department will carry out additional due diligence on financial transactions that involve entities from countries or jurisdictions that are considered...

Smaller FMCG brands gain share during coronavirus panic buying & lockdown

Kolkata/Mumbai: Smaller and regional consumer goods products have been outpacing larger market leader brands in sales in nearly a dozen key categories as consumers pick...

Canada’s worst mass shooting leaves at least 18 dead

A gunman disguised as a police officer went on a 12-hour rampage in the Canadian province of Nova Scotia, shooting people in their homes, setting...

Market Movers: HDFC Bank, Nalco, TaMo jump; 30 stocks give ‘buy’ signals

Heavy buying in shares of HDFC Bank after its strong performance in March quarter helped the benchmark indices close with gains, but a rise in...

Housing finance companies to see slower credit growth in FY21: Report

Housing finance companies are likely to see a slower credit growth of 9-12 per cent in the current financial year as their disbursement may be...