Business
Asia Stocks Near Highs, Yields Up On U.S. Stimulus Risk
Asian shares paused near historic highs on Monday while Treasury yields were at a 10month top as "trillions" in new U.S. fiscal stimulus plans were set to be unveiled this week, stoking a global reflation trade.
Asian Shares Mostly Higher On Optimism Despite Pandemic
Asian shares were mostly higher Monday as bullish sentiment persisted despite continuing signs of economic damage from the pandemic.
China December PPI -0.4% Y/y, CPI +0.2% Y/y
China's factory gate prices fell by less than expected in December, official data showed on Monday, suggesting China's manufacturing sector continues to see a steady recovery from the COVID19 shock.
Seven of Top-10 Most Valued Firms Add Over Rs 1.37 Lakh Crore in Cumulative M-cap
Besides TCS, other winners on the top-10 chart were HDFC Bank, Hindustan Unilever Limited (HUL), Infosys, HDFC, ICICI Bank and Bharti Airtel.
On Your Mark, Get Set, File Your ITR Now
If you are a salaried individual whose aggregate income exceeds the basic exemption limit before various deductions, you need to file ITR.
US Safety Agency Rejects Petition To Recall Tesla Vehicles
The U.S. governments auto safety agency has rejected a request to investigate unintended acceleration in Tesla electric vehicles, saying the acceleration was caused by drivers pushing the wrong pedal.
Oil Hits 11-month Highs On Saudi Output Cut Pledge, Equities Rally
Oil prices on Friday hit 11month highs and were on track for a strong weekly gain as a rally in global equities fed risk appetite and stoked bullish sentiment following Saudi Arabia's pledge to cut output.
Oil Near 11-month Highs On Saudi Output Cut Pledge, Equities Rally
Oil prices held near 11month highs on Friday and were on track for a strong weekly gain as Saudi Arabia's pledge to cut output continued to buoy market sentiment.
Oil Hovers Near 11-month Highs, Sustained By Saudi Output Cuts Pledge
Oil prices edged higher on Friday, hovering near 11month highs hit the previous day, as Saudi Arabia's pledge to make voluntary cuts to its output continued to buoy the mood in the market though worries over slower fuel demand capped gains.
LVMH Gives Tiffany A Makeover, Promotes Arnault Scion After $16 Billion Deal
LVMH installed the son of company founder Bernard Arnault in a new leadership team at Tiffany on Thursday after the French luxury goods group concluded its $15.8 billion acquisition of the U.S. jeweller.
Nirav Modi's Sister, Brother-in-law Turn Approver in PNB Money Laundering Case
Nirav Modi, who is presently lodged in a London jail, his uncle Mehul Choksi and others are being probed by the Enforcement Directorate (ED) in the Punjab National Bank (PNB) money laundering case since 2018. T
Markets Shift To Price In Chance Of Democratic Senate Wins
The growing chances of Democratic wins in two pivotal U.S. Senate contests triggered financial market moves Wednesday that mirror hopes of more COVID19related stimulus and increased regulatory scrutiny of tech companies.
Gold Retreats As Dollar Recovers; Eyes On U.S. Senate Verdict
Gold fell over 1% on Wednesday, as the dollar recovered from earlier losses, while investors awaited the outcome of the U.S. Senate runoff election in Georgia that could impact the prospects for more fiscal stimulus.
Ford Quarterly U.S. Sales Fall 9.8% As Truck Sales Dip
Ford Motor Corp on Wednesday posted a 9.8% fall in quarterly U.S. auto sales, as a fall in sales of its profitable trucks outweighed higher demand for sport utility vehicles.
TCS Buyback Offer: Tata Sons Tenders Shares Worth Rs 9,997 Crore
TCS said over 5.33 crore equity shares were bought back under the offer at a price of Rs 3,000 apiece and out of the total, Tata Sons' 3,33,25,118 shares were accepted under the buyback offer.
Edmunds Compares 2021 Mazda CX-5 And Nissan Rogue SUVs
The immense popularity of small SUVs means that every manufacturer competing in this space has to bring its A-game.