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Updated: 25 min 15 sec ago

RBI extends safety net; response proactive, loaded and well timed

Wed, 05/05/2021 - 08:47
RBI meant strict business, with a focus on alleviating financing constraints for economic stakeholders at the grass root level bearing a disproportionate burden of the ravaging Covid second wave

Covid impact: S&P slashes India's GDP growth forecast to 9.8% for FY22

Wed, 05/05/2021 - 08:15
S&P Global Ratings slashed India's GDP growth forecast for the current financial year to 9.8 per cent saying the second Covid wave may derail the budding recovery in the economy and credit conditions

Targeted economic measures by RBI are for second wave of Covid-19

Wed, 05/05/2021 - 08:05
Central bank's measures to mitigate impact of the second wave of infections focus on healthcare.

Healthcare project akin UK's NHS starts in Ludhiana, 5000 clinics planned

Wed, 05/05/2021 - 08:04
Indo UK Clinics (IUCs), an integral part of one of the largest healthcare projects in the world encompassing 5000 clinics and 11 medicities pan-India

Government eases GIFT entry for foreign investors in category III AIFs

Wed, 05/05/2021 - 07:41
PAN requirement will no longer apply to such investors

Companies can create Covid-19 health infrastructure as CSR activity

Wed, 05/05/2021 - 07:26
Firms can work on Covid-19 healthcare either themselves or in collaboration with others.

Covid jabs for kids in 2-11 age group: Pfizer to seek approval in Sep

Wed, 05/05/2021 - 07:19
Pfizer will likely seek the US Food and Drug Administration's emergency authorisation to administer its coronavirus vaccine among children between the ages of 2 and 11 in September, media reports

Equitas, Ujjivan, AU Small Finance Bank gain as RBI announces loan relief

Wed, 05/05/2021 - 06:31
The RBI announced a special long-term repo operation window for SFBs, whereby the banks can borrow funds up to Rs 10,000 crore at repo rate for deploying for fresh loans SFBs

RBI gets into the act; lays foundation for more measures going ahead

Wed, 05/05/2021 - 06:29
The signal really given by the RBI is that while it does believe today that things have not taken a turn for the worse as all enterprises are better prepared than last year while facing lockdowns

RBI announces loan relief, Rs 50,000 cr liquidity to tide over Covid

Wed, 05/05/2021 - 06:28
Central bank's 'immediate objective is to preserve human life and restore livelihoods', says Shaktikanta Das.

Bill Gates' holding company transfers $1.8 bn of equities to Melinda Gates

Wed, 05/05/2021 - 06:13
Melinda is now the beneficial owner of 14.1 million shares of Canadian National Railway Co. worth about $1.5 billion.

Lupin soars 8%, hits over three-year high on heavy volumes

Wed, 05/05/2021 - 06:03
The stock surpassed its previous high of Rs 1,121.85 touched on September 2020 and was trading at the highest level since July 2017

Supreme Court strikes down Maharashtra law on grant of quota to Marathas

Wed, 05/05/2021 - 06:03
The Supreme Court on Wednesday struck down the Maharashtra law granting quota to Marathas in admissions and government jobs, terming the statute as unconstitutional"

Hero MotoCorp Q4 preview: Analysts see up to 60% YoY rise in Ebitda

Wed, 05/05/2021 - 05:50
Nomura has one of the most conservative estimates with standalone net profit seen at Rs 794 crore, up around 28 per cent YoY

India's services growth slowed to 3-month low in April, input costs soared

Wed, 05/05/2021 - 05:40
Growth in India's dominant services sector eased to three-month low in April but remained unexpectedly resilient even as Covid-19 crisis intensified and cost pressures rose at fastest pace in 9 years

Aarti Industries rallies 7%, hits record high on bonus issue plan

Wed, 05/05/2021 - 05:29
The meeting of the company's board of directors is scheduled to be held on Tuesday, May 11, 2021 to consider, recommendation of issue of bonus shares

MARKET LIVE: Indices off day's high; RBI unveils liquidity support measures

Wed, 05/05/2021 - 04:54
LIVE market: All the Nifty sectoral indices were painted green, led by Nifty PSU Bank index, up 1.8 per cent

Alembic Pharma falls 6% post March quarter results

Wed, 05/05/2021 - 04:34
Alembic Pharma Q4FY21 operational performance was marginally below estimates, largely due to lower traction in US and Domestic Formulation (DF) sales

Death of Covid patients due to oxygen crisis 'not less than genocide': HC

Wed, 05/05/2021 - 04:15
The death of Covid-19 patients due to non supplying of oxygen is a "criminal act and not less than a "genocide", said that the Allahabad High Court on Tuesday

Hikal hits new high on signing 10-year deal with global pharma Co

Wed, 05/05/2021 - 04:06
This contract entails the development and supply of a portfolio of niche APIs (Active Pharmaceutical Ingredient) over a period of 10 years