Wadia group-run airline Go First on Saturday commenced its direct passenger services to Sharjah in the UAE from Srinagar, becoming the first domestic carrier to provide direct international connectivity from the summer capital of Jammu & Kashmir.
The US Federal Reserve announced Thursday that its policymakers and senior staff would be barred from investing in individual stocks and bonds. They would also have to provide 45 days’ advance notice of any trade and receive prior approval from ethics officials.
China Evergrande Group has supplied funds to pay interest on a US dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline that would have seen the developer plunge into formal default.
ICICI Bank, State Bank of India, Lodha, DLF, L&T, HDFC, ACC, Kajaria and Supreme some of the stocks that are likely to gain from this expected growth
FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, has fixed a price of Rs 1,085-1,125 a share for its Rs 5,352-crore initial public offering, which will open on October 28. The three-day initial public offering will conclude on November 1, according to the red herring prospectus (RHP).
Surging liquefied natural gas (LNG) prices are pushing buyers to look at securing long-term contracts possibly with an option for a floor and ceiling price to hedge against extreme volatility, the CEO of a top gas importer said on Friday.
Commerce and industry minister Piyush Goyal on Friday said there are a lot of non-tariff barriers that need to be addressed and wherever India will face an unfair treatment at trade front, it will take reciprocal action.
Investors have lost over Rs 10.29 lakh crore in four days of market decline, with risk appetite dented by concerns over frothy valuations amid unabated selling by FIIs.
The Reserve Bank remains laser-focused to bring back retail inflation to 4 per cent over a period of time in a non-disruptive manner, governor Shaktikanta Das stressed while voting for status quo in interest rates, as per minutes of the October policy meeting released on Friday. The retail inflation, which was above 6 per cent … Continue reading RBI remains laser-focused to bring back inflation to 4%: Das
Reliance Industries Limited (RIL) on Friday posted a 43 per cent jump in its consolidated net profit for the second quarter (Q2) ending September 30. The company posted a net profit of Rs 13,680 crore in Q2 as against a profit of Rs 9,567 crore in the same period last year. In terms of quarter-on-quarter … Continue reading Reliance Industries Q2 net profit jumps 43% to Rs 13,680 crore
International Monetary Fund (IMF) managing director Kristalina Georgieva has announced that Gita Gopinath, the Fund’s first female chief economist and director of the research department, intends to leave in January 2022 and return to Harvard University’s economics department as planned when her public service leave ends.