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Oil refiners on the margin amid rising crude prices, muted demand

Business Standard - Tue, 01/26/2021 - 19:40
Indian majors have to balance between rising crude prices, muted demand and heavy central and state levies on retail prices
Categories: Business News

Proposed NBFC norms may strengthen balance sheets: Moody's

ET News - Tue, 01/26/2021 - 19:29
Last week, RBI released a discussion paper which proposed a scale-based regulatory approach linked to the systemic risk contribution of shadow lenders.
Categories: Business News

Enhanced trade partnership first step towards UK-India FTA, says UK minister

ET News - Tue, 01/26/2021 - 19:29
Lord Tariq Ahmad, who is also Minister for the Commonwealth in the Foreign, Commonwealth and Development Office (FCDO), said the strong relationship between the two countries has been further intensified with the vaccine collaboration to help fight the common enemy in the form of COVID-19.
Categories: Business News

USIBC recommends big ideas to Biden Administration to boost Indian-American ties

ET News - Tue, 01/26/2021 - 19:29
US India Business Council (USIBC), on the occasion of India's 72nd Republic Day, also recommended to the Biden Administration to restructure the US-India Strategic Energy Dialogue to include Climate and Sustainable Growth and create a US-India Scholars Endowment to support higher education exchanges.
Categories: Business News

Govt may hike agri credit target to about Rs 19 lakh cr in Budget

ET News - Tue, 01/26/2021 - 19:29
"Non-banking finance companies (NBFCs) and co-operatives are active in the agriculture credit space. The Nabard refinance scheme will be further expanded. Agriculture credit target for the year 2020-21 has been set up at Rs 15 lakh crore," Finance Minister Nirmala Sitharaman had said while announcing the Budget 2020-21.
Categories: Business News

SolarWinds breach unlikely to ground Indian IT companies: Analysts

ET News - Tue, 01/26/2021 - 19:29
“I think this is something (on which) there is a lot of discussion going on. At this stage, we are carefully evaluating it,” said Salil Parekh, CEO, Infosys. Wipro said it does not see any impact. “Wipro does not use SolarWinds Orion product for its internal IT operations and there is no impact on the company.”
Categories: Business News

IBM CEO Arvind Krishna to take over as chairman

ET News - Tue, 01/26/2021 - 19:29
International Business Machines Corp said on Wednesday Chief Executive Officer Arvind Krishna would take over as chairman from Jan. 1, replacing Ginni Rometty, who stepped down as its long-time CEO earlier this year.
Categories: Business News

Google, Intel, Dell, VMware, others form alliance to ensure better computing

ET News - Tue, 01/26/2021 - 19:29
​​The Modern Computing Alliance is aimed to “address the biggest IT challenges” faced by companies today with integration from ‘silicon to cloud’, Google said in a blog post. “We will invest in reducing friction and creating a much more seamless, user-friendly experience across the web and devices,” John Solomon VP, Chrome OS wrote
Categories: Business News

Taiwan air force flexes muscles after latest Chinese incursion

ET News - Tue, 01/26/2021 - 19:29
Taiwan, claimed by China as its territory, has been on edge since the large-scale incursion by Chinese fighters and nuclear-capable bombers into the southwestern part of its air defence identification zone on Saturday and Sunday, which coincided with a U.S. carrier group entering the South China Sea.
Categories: Business News

China to conduct military drills in South China Sea amid tensions with United States

ET News - Tue, 01/26/2021 - 19:29
The contested waters have become another flashpoint in the increasingly testy bilateral relationship between Beijing and Washington. The U.S. military has steadily increased its activities there in recent years as China asserts its territorial claims in the area in conflict with neighbouring countries including Vietnam, Malaysia, the Philippines, Brunei and Taiwan.
Categories: Business News

Donald Trump will 'always and forever be a champion' for Americans, says his office

ET News - Tue, 01/26/2021 - 19:29
According to the statement, the office will be responsible for managing the former president's correspondence, public statements, appearances and official activities to advance the interests of the US and to carry on the agenda of the Trump administration through advocacy, organising and public activism.
Categories: Business News

Tokyo seeks 10,000 medical staff for Olympics despite virus surge

ET News - Tue, 01/26/2021 - 19:29
Opposition politicians grilled the government over the plans in parliament, as medical associations raised the alarm about dwindling capacity.
Categories: Business News

Best of BS Opinion: Violence at tractor rally, economic recovery, and more

Business Standard - Tue, 01/26/2021 - 19:20
Here are the top BS Opinions of the day
Categories: Business News

Govt may keep Rs 7,500 cr outlay for IT hardware manufacturing under PLI scheme

ET News - Tue, 01/26/2021 - 16:24
Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years, while the threshold for domestic firms is likely to be around Rs 20 crore for five years, the source who did not wish to be named said.
Categories: Business News

Traders bet on calendar spread as Nifty moves in a tight range

ET News - Tue, 01/26/2021 - 16:24
A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.
Categories: Business News

Nifty may find support at 5300 level

ET News - Tue, 01/26/2021 - 16:24
As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.
Categories: Business News

Seven out of top 10 Asian small-cap funds are Indian

ET News - Tue, 01/26/2021 - 16:24
An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.
Categories: Business News

Inflation reflects growth dynamics in India: Christopher Wood

ET News - Tue, 01/26/2021 - 16:24
India has inflation and it reflects the fundamental growth, Christopher Wood, equity strategist, CLSA, said at ET Now Mkt Summit-2010.
Categories: Business News

Market may trade in a range, but FIIs seen sold on India

ET News - Tue, 01/26/2021 - 16:24
Market may see range-bound trading this week in the absence of any major trigger.
Categories: Business News

'Don't bank only on price-to-earning ratio'

ET News - Tue, 01/26/2021 - 16:24
Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.
Categories: Business News