News

Lakshminarayanan is MD, Sundaram Home Finance

Business News From Hindu - 8 hours 3 min ago
He takes over from Acharya who retired on Tuesday
Categories: Business News

Gold slides, but set for sixth straight quarterly gain

Reuters Business News - 8 hours 3 min ago
Gold prices dipped over 2% to their lowest in a week on Tuesday as the dollar firmed, but the metal was on track for a sixth straight quarterly rise on concerns of global economic damage due to the coronavirus pandemic.
Categories: Business News

Tech billionaires making friends with Big Brother

Business Standard - 8 hours 5 min ago
What was once thunderously de­s­cr­ibed as 'surveillance capitalism' is now a pandemic necessity
Categories: Business News

Trump completes rollback of Obama-era vehicle fuel efficiency rules

Reuters Business News - 8 hours 6 min ago
President Donald Trump's administration on Tuesday completed a rollback of vehicle emissions standards adopted under his predecessor Barack Obama and will require 1.5% annual increases in efficiency through 2026 - far weaker than the 5% increases in the discarded rules.
Categories: Business News

Indian Bank, IOB slash lending rates

Business News From Hindu - 8 hours 6 min ago
Indian Bank and Indian Overseas Bank have slashed their benchmark lending rates linked to repo by 75 basis points. The rates will come into force from
Categories: Business News

Grounded cabin crew get hospital training as Sweden battles coronavirus

Reuters Business News - 8 hours 7 min ago
Furloughed crew from crisis-hit Scandinavian airline SAS are taking a three-day course in basic hospital duties to help plug gaps in a Swedish healthcare system strained by thousands of coronavirus cases.
Categories: Business News

IndusInd deposit base drops up to 11%

Business News From Hindu - 8 hours 7 min ago
Bank attributes reduction to government-related accounts
Categories: Business News

Taipa calls for boosting telecom network capacity

Business News From Hindu - 8 hours 7 min ago
Data usage up due to work-from-home
Categories: Business News

Exclusive: American Airlines to retire more jets, including vintage 737s, in coronavirus downturn -sources

Reuters Business News - 8 hours 8 min ago
American Airlines Group Inc is set to sharply increase the number of jets it is planning to retire beyond its announced plans as it accelerates a fleet transformation to respond to the coronavirus crisis, people familiar with the matter said.
Categories: Business News

Traders scramble to unload cheap crude cargoes as glut grows

MoneyControl Business News - 8 hours 8 min ago
The oil market is caught between a collapse in demand due to the coronavirus pandemic and a price war between Saudi Arabia and Russia. Both factors are expected to flood markets with oil.
Categories: Business News

Consumers find buying goods easier from stores than online: survey

Business News From Hindu - 8 hours 17 min ago
The survey between March 30-31, which received 17,048 responses from consumers located in 178 districts across the country, however, showed that the overall situation in terms of access to essential goods had improved from an earlier survey on March 27-28.
Categories: Business News

India asks ports to waive demurrage and other charges

MoneyControl Business News - 8 hours 23 min ago
The order, issued on Tuesday by the shipping ministry, has asked ports not to levy demurrage and other charges until April 14, when the lockdown ends.
Categories: Business News

Stung by coronavirus, markets log biggest yearly loss in FY20 since 2009

Business Standard - 8 hours 26 min ago
A slump in demand saw Brent crude prices drop 66 per cent to an 18-year low to below $22 a barrel during the year
Categories: Business News

Coronavirus outbreak: Top family firms lose Rs 22 trillion in m-cap

Business Standard - 8 hours 32 min ago
But Avenue Supermart, Bharti Group saw a big YoY jump this fiscal year
Categories: Business News

U.S. consumer confidence approaches three-year low

Reuters Business News - 8 hours 32 min ago
U.S. consumer confidence dropped to a near three-year low in March as households worried about the economy's near-term outlook amid the coronavirus pandemic, which has upended life for Americans.
Categories: Business News

Govt to borrow Rs 4.88 trn, 62.56% of gross target in April-Sept period

Business Standard - 8 hours 36 min ago
62.56% of gross target to be borrowed in April-September
Categories: Business News

Goldman Sachs slashes U.S. GDP estimate further

Reuters Business News - 8 hours 43 min ago
Goldman Sachs said on Tuesday the second-quarter U.S. economic decline would be much greater than it had previously forecast and unemployment would be higher, citing anecdotal evidence and "sky-high jobless claims numbers" resulting from the coronavirus pandemic.
Categories: Business News

Clinical trial norms may be eased for developing Covid-19 vaccine

Business Standard - 8 hours 46 min ago
Sources said no fresh approvals would be given for clinical trials, except for those related to Covid-19.
Categories: Business News

Exclusive | ITC looks to add spice maker Sunrise Foods to its menu

MoneyControl Business News - 8 hours 47 min ago
An exclusivity agreement has been signed between both parties and the deal valuation is pegged in the range of Rs 2,000-2,500 crore
Categories: Business News

SEBI imposes Rs 1 crore fine on Yes Bank#39;s two promoter entities for disclosure lapses

MoneyControl Business News - 8 hours 48 min ago
It was alleged that by not making requisite disclosures of encumbrances of shares of Yes Bank to the stock exchanges and the lender, the two promoter entities have violated the provisions of SAST (Substantial Acquisition of Shares and Takeover ) Regulations.
Categories: Business News