Business
Sensex Crosses 47,000-mark for First Time Ever; HCL Tech, Infosys Top Gainers
The benchmark BSE sensex breached 47,000-mark for the first time ever on Friday, while NSE Nifty traded above 13,750-levels. The sensex touched an intra-day high of 47,026 and soon turned flat in early trade.
UK Says Chances Of Brexit Trade Deal Below 50%, Despite EU Optimism
Senior British minister Michael Gove put the chances of securing a trade deal with the European Union at less than 50% on Thursday, striking a pessimistic tone just two weeks before Britain completes its departure from the bloc.
Wall Street Braces For Trading Surge As Tesla Enters S&P 500
Adding a company to the benchmark S&P 500 stock index is typically a mundane exercise except when it comes to a company like Tesla.
Climate Change Turns Up The Heat On Ad Industry
The avuncular man in the TV ad has an urgentsounding message from his employer, the oil giant Chevron Corp.
Gold Moves up by Rs 10 to Touch Rs 49,320; Silver Priced at Rs 65,610
The price of 24-carat gold today increased by Rs 10, from Rs 49,310 per 10 gram to Rs 49,320 per 10 gram. Meanwhile, silver price today reached Rs 65,610 per kilogram.
Amid China Tensions, Govt May Blacklist Some Telecom Vendors to 'Enhance National Security'
The government move effectively means that certain telecom equipment vendors from China may face fresh curbs, as the telecom sector will have a list of companies from where firms can safely buy products and services.
Gold Scales One-week High On U.S. Stimulus Bets, Fed Decision Awaited
Gold prices inched higher to a oneweek top on Wednesday as the metal built on the previous session's gains on growing hopes for further U.S. stimulus and ahead of a closely watched Federal Reserve policy decision.
Facebook Pauses Political Ad Ban For Georgia Runoffs
Facebook said Tuesday it will temporarily pause its ban on political advertising in the U.S. to allow ads for the Georgia runoff elections for the states two Senate seats.
RBI Imposes Rs 50 Lakh Penalty on an Urban Co-operative Bank in Kerala
Statutory inspection of the bank with reference to its financial position as on March 31, 2019, conducted by RBI, revealed that the bank had not complied with the directions, the central bank said in a statement.
Natural Disasters Cost Insurance Industry $76 Billion In 2020: Swiss Re
Natural disasters like wildfires which devastated parts of the United States and a record number of hurricanes in the Atlantic caused $76 billion in insured losses during 2020, Swiss Re said on Tuesday.
INS Urges Govt To Provide Stimulus Package For Newspaper Industry
The Indian Newspaper Society (INS) on Friday urged the government to announce a stimulus package for the newspaper industry as it is facing an "unprecedented crisis" and lost around Rs 12,500 crore in the last eight months. In a statement, the INS said...
Asda Paid Parent Walmart $1.52 Billion Dividend In March, Annual Report Shows
Asda, the British supermarket arm of Walmart, paid its parent a 1.15 billion pound ($1.52 billion) inter company dividend of surplus cash in March this year, according to Asda's annual report and accounts for 2019 published on Friday.
U.S. Producer Prices Increase Modestly In November
U.S. producer prices barely rose in November, supporting views that inflation would remain benign in the near term as a flare up in new COVID19 infections restrains the labor market and demand for services.
Zurich, Farmers To Buy MetLife U.S. Motor, Home Insurance Business For $3.94 Billion
Zurich Insurance and Farmers Exchanges have agreed to buy MetLife's U.S. property and casualty business for $3.94 billion, the insurers said on Friday, after the COVID19 pandemic made motor and home insurers more profitable.
No-trade Deal Brexit Now More Likely Than A Deal - EU Commission Chief
Britain is now more likely to leave the European Union's orbit on Dec. 31 without a trade deal than with an agreement, European Commission President Ursula von der Leyen told the bloc's 27 national leaders on Friday, an EU official said.
Stocks Subdued By Brexit, U.S. Stimulus Doubts
World shares slipped on Friday as tricky Brexit negotiations and uncertainty over U.S. stimulus talks capped riskier bets even though COVID19 vaccines made progress, pushing sterling down and keeping the dollar weak.