Market News

Iran lawmaker says 50 dead from new virus in city of Qom

The new death toll reported by the Qom representative, Ahmad Amiriabadi Farahani, is significantly higher than the latest number of nationwide confirmed cases of infections that Iranian officials had reported just a few hours earlier, which stood at 1… Continue reading

Posted in Global India, Market News, News |

TVS Motor Company says February production affected as COVID-19 outbreak hits supplies

Commenting on this development, TVS Motor Director and CEO KN Radhakrishnan said, “At TVS Motor Company, we have completely transitioned to BS-VI in the month of January 2020.” Continue reading

Posted in Global India, Market News, News |

Govt launches mobile app to broaden reach of PM-Kisan

Launching the mobile app, Tomar said this has been developed to broaden the reach of the scheme, which is playing an important role in achieving the target of doubling farmers income by 2022. Continue reading

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D-Street to deliver 10-12% CAGR growth over 5-10 yrs; near-term challenging: Srinivas Rao Ravuri, PGIM MF

Weaker crude oil prices and continuous inflows from both domestic and foreign investors are providing good support to equity markets. Continue reading

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Indian Hotels to open one new hotel every month next year, Ginger coming up near Mumbai airport

“We signed 50 new hotels in the last two years and this growth momentum has helped us reach a portfolio milestone of 200 hotels. We will have 15 new hotels every year,” said Puneet Chhatwal, Managing Director and CEO, IHCL. Continue reading

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AI is the key ingredient for travel and hospitality sectors#39; business strategy

Artificial Intelligence, is proving to be useful for a number of processes and functions across businesses in the travel and hospitality space, both in terms of internal operations and enhancing the experience for the end-users. Continue reading

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Pension commutation: Over 6 lakh pensioners to gain as Labour Ministry issues notification

Those people who retired prior to September 26, 2008, and opted for a partial commutation of their pension will now get the full pension benefit, the report noted. Continue reading

Posted in Global India, Market News, News |

Rupee slides 34 paise to over 3-month low of 71.98 against US dollar

The death toll due to coronavirus climbed to 2,592 with 150 new fatalities while the total number of confirmed cases increased to over 77,000, Chinese health officials said on Monday. Continue reading

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HUL clears proposal to form a new 100% subsidiary

According to a release filed with the exchanges, the company will be incorporated with an authorised share capital of Rs 2,000 crore . Continue reading

Posted in Global India, Market News, News |

Emirates NBD bullish on gold, silver; neutral on WTI crude, Euro; bearish on yen

The Dollar index gave away gains for the first time after three consecutive daily advances, coming under some selling pressure and closing the week at 99.26. Continue reading

Posted in Global India, Market News, News |