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Business Live: Shares rise as robust IT earnings give respite from virus-led slump; monsoon rains forecast to be average in 2021

Business Live: Shares rise as robust IT earnings give respite from virus-led slump; monsoon rains forecast to be average in 2021

April 16, 2021 admin 0

The benchmark stock indices opened the day on a positive note boosted by robust earnings reported by IT companies. Join us as we follow the […]

To compensate for the increase in input costs, Maruti Suzuki has increased the prices of the model by 22,500.

To compensate for the increase in input costs, Maruti Suzuki has increased the prices of the model by 22,500.

April 16, 2021 admin 0

The new prices are effective from Friday, MSI said. The country’s largest carmaker Maruti Suzuki India (MSI) said on Friday that it has increased prices […]

Bezos says Amazon needs to do better for employees

Bezos says Amazon needs to do better for employees

April 16, 2021 admin 0

The second largest private employer in the US, Amazon has criticized some of its 800,000 employees for working conditions (For a quick snapshot of the […]

Turkey prohibits the use of cryptocurrencies for sanctions

Turkey prohibits the use of cryptocurrencies for sanctions

April 16, 2021 admin 0

The turmoil in Turkey’s crypto market had gained another momentum, with investors hoping for both a recent bitcoin rally and a shelter with inflation. (For […]

Amazon asks Indian court not to resume antitrust investigation

Amazon asks Indian court not to resume antitrust investigation

April 16, 2021 admin 0

In January 2020, the Competition Commission of India (CCI) ordered an inquiry into Amazon and Walmart’s Flipkart, following a complaint by a merchant group, but […]

Bond yields spice due to disappointing RBI purchase

Bond yields spice due to disappointing RBI purchase

April 16, 2021 admin 0

As a result of the first tranche of the Reserve Bank of India’s bond-buying program, the benchmark 10-year bond yield reached its highest level in […]

March exports up 60%, trade deficit widens

March exports up 60%, trade deficit widens

April 16, 2021 admin 0

The country’s exports jumped 60.3% to $ 34.45 billion in March, while contracted 7.26% to $ 290.63 billion during the 2020-21 fiscal year. Imports also […]

City to exit retail banking in India, China

City to exit retail banking in India, China

April 16, 2021 admin 0

Citigroup announced that it will exit 13 international consumer banking markets, focusing its attention on wealth management and away from retail banking in places where […]

Coronavirus |  Mumbai-based Hafkin gets Centre’s permission to produce covaxin

Coronavirus | Mumbai-based Hafkin gets Centre’s permission to produce covaxin

April 16, 2021 admin 0

Haffkine Biopharma Corporation, Mumbai has received permission from the Central Government to manufacture Bharat Biotech’s anti-coronavirus vaccine Covaxin on the basis of technology transfer. Chief […]

Coronavirus |  Mumbai-based Hafkin gets Centre’s permission to produce covaxin

Coronavirus | Mumbai-based Hafkin gets Centre’s permission to produce covaxin

April 15, 2021 admin 0

Haffkine Biopharma Corporation, Mumbai has received permission from the Central Government to manufacture Bharat Biotech’s anti-coronavirus vaccine Covaxin on the basis of technology transfer. Chief […]

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