Japan unexpectedly slipped into a recession at the end of last year, losing its title as the world’s third-biggest economy to Germany and raising doubts about when the central bank would begin to exit its decade-long ultra-loose monetary policy. Commuters…
Banks are closed in Tripura capital Agartala, Bhubaneswar and Kolkata on the occasion of Basant Panchami that is being celebrated on Wednesday, February 14. According to the Reserve Bank of India (RBI) bank holidays list, the banks are closed only…
Equity benchmark indices plummeted in early trade on Wednesday and Sensex slumped more than 675 points tracking negative cues in the global market as higher than expected inflation numbers in the US hit investor sentiments. People look at a screen…
Mukesh Ambani-led Reliance Industries Limited (RIL) became the first Indian company to achieve a market capitalisation of ₹20 lakh crore. The shares of the company had hit a 52-week high during intra-day trade at ₹2,957.80. On Wednesday, the shares were…
Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether, sources said, signaling Silicon Valley’s renewed interest in cryptocurrency markets. Founders Fund, the venture capital firm founded by billionaire Peter Thiel,…
HDFC Bank share price declined by two per cent to slump to 52-week low in intra day trade on Wednesday. The shares of the private lender were trading at ₹1369.00 at 1:30 pm after hitting an all-time low of ₹1,363.…
Ministers from the International Energy Agency’s member countries have begun talks with India on its application to become a full member of the Paris-based agency of 31 nations, IEA said on Wednesday. (From L) US climate envoy John Kerry, President…
Steel producers in India are most at risk from Europe’s new carbon tax on imports due to their high sales to the region and mills’ elevated emissions intensity, according to Goldman Sachs Group Inc. Steel is traditionally among the most…
Equity benchmark indices Sensex and Nifty bounced back from early lows to close higher on Wednesday, helped by fag-end buying in energy, metal and utility stocks amid a mixed trend in global equities. People look at a screen displaying the…
The wholesale price index (WPI)-based inflation eased to a three-month low of 0.27 per cent in January, mainly due to moderation of food prices, including vegetables. In January, food inflation declined to 6.85 per cent, from 9.38 per cent in…