Category: Business

More to come…  Source link

Corona Update: Cases rising in India; check out dos and don’ts  The COVID-19 cases have been increasing in India and across Asia. In the last couple of weeks, Hong Kong and Singapore have recorded a significant number of cases.  “The virus is quite active,” said Hong Kong’s Centre for Health Protection. Meanwhile, health authorities in…

Market Guru Anil Singhvi said on Wednesday that the recovery in the market was a huge relief for investors after continued selling from FIIs (foreign institutional investors) the previous day. Singhvi does not believe there is any selling pressure from FIIs today and that the previous day’s decline was probably due to a fund redemption or…

As the global uncertainties show signs of moderation and geopolitical tensions along India’s borders settle, the Rupee will witness stability, said Union Bank of India (UBI) report. “Rupee volatility is expected to settle for now, supported by easing global uncertainties and reduced border tensions,” the report added. The report further added that given the current…

Tea is one of the world’s oldest beverages and is the most consumed drink in the world, after water. May 21, every year, marks the celebration of International Tea Day. It promotes sustainable tea production and consumption, raises awareness about tea’s economic, social, and cultural impact, and supports smallholder tea producers and workers. International Tea…

A spoon of pure cow ghee on hot phulkas. That sizzle and smell from the kitchen when the ghee wala tadka touches dal. The shine it brings to a simple bowl of rice. Getting an extra spoonful of ghee with your food when you visit your family after a long time. These small habits have…

Hotel Leela IPO News, Upcoming IPOs: Mumbai, Maharashtra-headquartered Hotel Leela is set to launch an initial public offer (IPO) on Thursday, May 22. The upcoming IPO, worth an estimated Rs 3,500 crore, comprises fresh issuance worth Rs 2,500 crore and an offer for sale (OFS) worth Rs 1,000 crore. If successful, the Hotel Leela IPO will…

Gold prices are likely to rise back again, helped by the plethora of factors defying softening safe-haven assets demand and expectations of fewer rate cuts this year by the US federal reserve bank, reported by Gulf news on Wednesday. According to the report, prices are showing renewed upward momentum owing to gold bullish outlook and…

Days after US President Donald Trump urged Apple CEO Tim Cook to halt iPhone production in India and bring manufacturing back to the United States, Apple supplier Foxconn has announced a fresh $1.5 billion investment in its India unit. The Taiwan-based electronics manufacturer confirmed the move in a filing to the London Stock Exchange, as…

PSU Maharatna Coal India stock gained at the open but reversed and fell on Wednesday after the Maharatna PSU clarified that the listing process involving two of its subsidiaries—Bharat Coking Coal Ltd (BCCL) and Central Mine Planning & Design Institute Ltd (CMPDI)—is already underway. The company informed exchanges that it has appointed Book Running Lead Managers…