Latest News
Refresh- VC firm Andreessen Horowitz to debut new media property
Andreessen, a founder of the web browser Netscape, started his namesake venture firm in 2009.
- NSE shares abuzz in the grey market amid India IPO frenzy
According to the Futures Industry Association (FIA), NSE emerged the world’s largest derivatives exchange for the second consecutive year in 2020 in terms of number of contracts traded.
- Women: Coronavirus vaccines won’t make you infertile
One myth claims that the vaccines cause infertility by generating antibodies that not only target the coronavirus spike protein, as designed, but also inadvertently react with a protein in the placenta called syncytin-1.
- Share price of Piramal Enterprises Ltd. rises as Nifty weakens
A total of 14,866 shares changed hands on the counter till 10:52AM (IST).
- Share price of Marico Ltd. jumps as Sensex drops 425.08 points
A total of 37,984 shares changed hands on the counter till 10:47AM (IST)
- Here are the House managers in Trump’s second impeachment trial
All equipped with law degrees, the nine managers include Democrats who served as notable characters in Trump’s first impeachment trial and some who have spoken out forcefully against Trump in the aftermath of the Jan. 6 attack on the Capitol.
- Proposed changes to NBFI regulatory framework to enhance sector stability: Fitch Ratings
For the sector as a whole, the proposed measures should "strengthen governance and risk management, although we do not view these areas as major credit weaknesses for Fitch-rated Indian NBFIs", the rating agency said.
- Andhra Pradesh State Election Commission holds 2 bureaucrats responsible for blocking voters
The SEC, headed by commissioner Nimmagadda Ramesh Kumar, said in the eight-page proceedings that it was being compelled to adopt the 2019 electoral rolls as two Panchayat Raj bureaucrats failed to prepare 2021 rolls “due to the wilful and deliberate acts of omission and commission”.
- Commodities strategies: How gold and silver may trade today
On the momentum front RSI for MCX Gold is trading around 50 (44) suggesting a sideways trend. RSI needs to move above 50 if the bulls have to take the prices higher.
- Share price of Adani Green Energy Ltd. jumps as Sensex drops 398.6 points
Promoters held 58.51 per cent stake in the company as of 31-Dec-2020, while FII and DII ownership stood at 22.78 per cent and 0.13 per cent, respectively.
- India has plenty of Coronavirus vaccines but few takers
As India rolls out one of the world’s biggest inoculation programs, some health-care and other frontline workers are hesitating because of safety concerns over a vaccine that has yet to complete phase III trials.
- Mayawati terms violence in Delhi during farmers' tractor parade 'unfortunate'
She reiterated her appeal to the Centre to withdraw the three new farm laws immediately and end the long-running agitation of the farmers so that no such untoward incident can happen again.
- Share price of Petronet LNG Ltd. falls as Sensex drops 403.48 points
A total of 64,230 shares changed hands on the counter till 10:36AM (IST)
- Why FM should not bring in any new tax in this budget
Any additional burden on existing taxpayers or any new taxes like wealth tax/estate duty, which were discontinued earlier for reasons of high administrative costs and low revenue yield, may not be in sync. The mantra for the FM in Budget 2021 should be ‘No New Tax’.
- Share price of Ambuja Cements Ltd. rises as Nifty weakens
A total of 37,740 shares changed hands on the counter till 10:31AM (IST).
- Gold dips pressured by stronger dollar; focus on Fed policy
Spot gold dipped 0.2 per cent to $1,846.42 per ounce by 0349 GMT. US gold futures eased 0.3 per cent to $1,845.30.
- IOC, Tokyo Olympics to unveil rule book for beating pandemic
Organizers and the International Olympic Committee are finally going public with their planning, hoping to push back against reports the Olympics will be canceled with Tokyo and much of Japan still under a state of emergency with COVID-19 cases rising.
- YouTube Shorts, a TikTok competitor, gaining popularity with 3.5 bn daily views in India
YouTube unveiled Shorts in mid-September.
- Mona Lisa's smile isn't greeting visitors at the Louvre; a small army of artisans working overtime to complete restoration before reopening
The world’s most visited museum is grappling with its longest closure since World War II.
- YouTube Shorts, a TikTok competitor, gaining popularity with 3.5 bn daily views in India
YouTube unveiled Shorts in mid-September.
- Washington Post executive editor Martin Baron to step down at the end of February
Baron expanded the Post newsroom from 580 journalists to over 1,000 this year.
- CPCL shares plunge 18% on Rs 556 crore Q3 loss
Revenue from operations fell to Rs 11,458.32 crore in the December quarter from Rs 11,965.01 crore a year ago.
- Indraprastha Gas Ltd. stock price up 0.36 per cent as Sensex slides
As of 31-Dec-2020, promoters held 45.0 per cent stake in the company, while FIIs held 23.22 per cent and domestic institutional investors had 6.25 per cent.
- Indian-origin US lawmakers Jayapal, Krishnamoorthi named to key congressional committees
While Congresswoman Jayapal, 55, was named to the powerful budget committee, Congressman Krishnamoorthi, 47, was appointed to a key congressional committee on the coronavirus crisis on Tuesday.
- Gold prices today drop below Rs 49,000 ahead of US Fed decision
Gold prices held steady on Wednesday. Spot gold was little changed at $1,849.76 per ounce. US gold futures eased 0.1 per cent to $1,848.60.
- 12,689 fresh COVID-19 cases take India's infection tally to 1,06,89,527
There are 1,76,498 active cases of coronavirus infection in the country which comprise 1.65 per cent of the total caseload, the data stated.
- 100 million cases recorded worldwide as America seeks to reset its fight against COVID-19
Biden is seeking to turn around the fight against the virus, which took a ferocious grip on the country during Donald Trump's presidency when the risks were downplayed and officials gave mixed messages on mask-wearing other safety measures.
- Russia, US extend nuclear arms pact, Kremlin says, as Biden, Putin talk
Signed in 2010, the New START (Strategic Arms Reduction Treaty) is a cornerstone of global arms control. It limits the number of strategic nuclear warheads deployed by the US and Russia to 1,550 each as well as the number of land- and submarine-based missiles and bombers that deliver them.
- ‘Debt linked saving schemes and elimination of double STT, top expectations from Budget 2021’
Mutual funds should be perceived as a longer-term investment vehicle at par with comparable investment avenues like gold and real estate with the investment horizon for 7 to 10 years especially the equity funds.
- Russia: Ally of opposition leader Navalny vows to press for his freedom despite crackdown
Lawyer and politician Lyubov Sobol told a news conference that Navalny's Foundation for Fighting Corruption and his team's regional offices will continue to operate even amid the "arrests of our followers and allies, open criminal probes (and) criminal probes that are yet to come."
- Sensex drops over 300 points to test 48,000 level. Key factors behind the fall
FII buying has been a mainstay of the current rally pushing it to record highs. But the selling in the market is now on expected lines as analysts had predicted a consolidation in the market.
- InterGlobe Aviation Ltd. shares rise 1.53 per cent in Wednesday's trading session
The Relative Strength Index of the stock stood at 44.76 on Wednesday.
- Share price of Indus Towers Ltd. jumps as Sensex drops 328.84 points
A total of 24,601 shares changed hands on the counter till 10:05AM (IST)
- Farmers tractor parade violence: 22 FIRs registered by Delhi Police
Instead of going on the pre-decided route, they insisted upon going towards central Delhi and despite repeated requests, the farmers, equipped with swords, kirpans and fursas, had charged at the police and broke through several layers of barricades, the police said.
- New laws for auditor, company secretary bodies in offing
A bill to amend relevant provisions of laws governing the three bodies is expected to be introduced during the second half of the budget session of Parliament. The idea is to step up oversight on the three bodies after a committee suggested several changes almost three years ago.
- Shares of Container Corporation of India Ltd. rise as Nifty drops
On the technical charts, the 200-day moving average of the stock stood at Rs 398.19.
- Why FM should not bring in any new tax in this budget
Should she try and balance the books by levying additional taxes? Say, introduce a temporary Covid-19 cess at the highest income-tax slab, or maybe reintroduce the wealth tax? Or, should she focus on maintaining tax stability while stepping up expenditure for economic revival?
- Delivered most planes to India in 2020: Airbus
“Scheduled domestic flights here were suspended for two months from March 25 to May 25. Domestic air travel now back to 60% of pre-Covid level. No other region, except China, has seen that kind of swift recovery,” Rémi Maillard said, while adding that he is “cautiously optimistic” about the industry which is “not yet out of the woods and is still bleeding cash.”
- Union Budget 2021: The case for a higher standard deduction to deal with the new normal
With work from home becoming the new normal, it is going to be difficult for the finance minister to separate salary from business income. Raising the standard deduction for salaried employees may help level the field.
- Kazakhstan introduces new set of political reforms days after Parliamentary polls
The implementation of this initiative will strengthen the system of protecting human rights, expanding civic participation, developing parliamentary policies and a multi-party system, and imparting more democracy to the country, according to a statement by the Kazakhstan Foreign Ministry.
