Business

The government will soon bring a bill on crypto currencies as existing laws are inadequate to deal with issues concerning them, Minister of State For Finance Anurag Thakur told Rajya Sabha on Tuesday.

At the interbank forex market, the domestic unit opened at 72.87 against the US dollar and inched higher to 72.85 against the greenback, registering a rise of just 2 paise over its previous close.

Chevron Corp said an unspecified hydrocarbon release from the wharf at its Richmond, California, oil refinery has been stopped and a clean up is ongoing, the company said on Tuesday.

The Dow and the S&P 500 pulled back slightly on Tuesday after a sixday run, with investors closely tracking progress in passing a proposed $1.9 trillion stimulus plan.

Jeffrey Ubben, a hedge fund veteran in talks to join Exxon Mobil Corp's board, is seeking to raise as much as $8 billion for his new socially and environmentally conscious fund, according to people familiar with the matter.

Fox Corp reported betterthanexpected quarterly revenue on Tuesday, and announced that Fox News Chief Executive Officer Suzanne Scott has extended her term with the company.

Oil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic stimulus measures that can boost demand.

Global shares mostly rose Monday, echoing the rally on Wall Street last week, with Japan's benchmark reaching a threedecade high on growing optimism over the global economy.

The HCL, in its statement, said that all employees with one year of service or more will receive a bonus, which will be equivalent to 10 days’ salary.

Maharashtra Deputy CM Ajit Pawar said the Centre is yet to release dues of Rs 25,000 crore for this year under 'one nation one tax' programme, but the situation is changing now and money is being sent every week.

In a major reform of the statedominated economy, the Cuban government will allow small private businesses to operate in most fields, eliminating its limited list of activities, staterun media reported on Saturday.

China's Luckin Coffee has filed for bankruptcy protection.

Kuaishou Technology surged threefold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from momandpop investors for the Chinese online video service operator.

Stocks closed higher on Wall Street Thursday, helped by strong company earnings as well as optimism that Washington can reach a deal for another round of fiscal stimulus for the millions of Americans who need it. The S&P 500 rose 1.1%, a record high. A me...

New orders for U.S.made goods rose more than expected in December and business spending on equipment was solid, pointing to continued strength in the manufacturing industry in the near term.

Merck posted a big fourthquarter loss due to a hefty charge and much higher spending on research, production and overhead. The company also announced Ken Frazier, its longtime chief executive, will retire on July 1.