BUSINESS

FM Sitharaman urges developed economies to increase commitments to support climate change

Finance Minister Nirmala Sitharaman on Friday called on developed economies to balance their commitments to support climate change and help developing countries build more resilient infrastructure. She said India had announced the National Infrastructure Pipeline (NIP) with nearly 7,000 projects and the government had adopted a plan to revitalize the economy by building infrastructure.Sitharaman said …

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Simple trip planners earn 11.4% on the first day of trading, ending at Rs 208.30

Easy Trip Planners share closed the listing date with a profit of more than 11 percent on March 19 but failed to meet road expectations. Weaknesses in the financial markets prior to the start of the market and the rise in COVID-19 cases in the country could have been due to analysts’ expectations of a …

Simple trip planners earn 11.4% on the first day of trading, ending at Rs 208.30 Read More »

Indian economy aims to record strong resilience by 2021: UNCTAD

India’s economy, estimated to contract 6.9 percent by 2020 due to the coronavirus epidemic, is expected to record a “strong recovery” by 2021 and grow by 5 percent, according to a UN report that the current fiscal budget points to a shift in direction. demand, for public investment purposes. Report, ‘Out of the frying pan …

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Market quotes from Drs. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

“Market volatility has become more complex with uncertain cocktails of good and bad conditions. A positive return on economic activity, a sharp decline in crude profits by 7% overnight, a reassurance of the Fed’s resilience & resumption of FII purchases are obvious. But the second wave of Covid, especially in the Maharashtra economic crisis, rising …

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Stock Market Live: Sensex breaks 550 points, Nifty less than 14,400 as bond yield spike; metals, dragging vehicles

First Market: Trip Trip Easy Planners at Rs 212.25, 13.5% premium discount price Shares of Easy Trip Planners made a decent debut on buses on Friday. The listed premium of 13.5 per cent at Rs 212.25 per share on the NSE is inconsistent with the issuance of Rs 187 per share. In BSE, it is …

Stock Market Live: Sensex breaks 550 points, Nifty less than 14,400 as bond yield spike; metals, dragging vehicles Read More »

India is learning the cut of oil imports into Saudi as the stand-off rises

Government analysts plan to reduce oil imports to Saudi Arabia by about a quarter of May, which will escalate into action against Riyadh following OPEC’s decision to ignore calls from New Delhi to help the global economy with higher supply. negotiators say the move is part of the government’s drive to reduce dependence on raw …

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FICCI-IBA said, NPAs are likely to rise in the first half of 2021

The banking rate, which saw some improvement in the second half of 2020, is likely to be worse in the first six months of 2021, the study said. These findings form part of the 12th round of bank research conducted by FICCI-IBA between July and December 2020. The survey was conducted on 20 banks, including …

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European markets have risen slightly after the Fed’s ratification; DAX notches recording at the top:

LONDON — European stocks rose sharply on Thursday as global markets responded to the Federal Reserve’s recent view of the US economy. The pan-European Stoxx 600 gained 0.3% in the first trade, with autos exceeding 2.3% earning gains while resources adjusted the upward trend of spending 0.5%. European markets are following positive global sentiments following …

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