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'Justice needs to prevail': Ratan Tata condemns killing of pregnant elephant in Kerala

6 hours ago

Business / Business Today/ Latest News

In a post on Twitter, Ratan Tata likened the killing of an innocent, pregnant elephant to mediated murder against other humans..

Earthquake in Noida: Mild tremors of magnitude 3.0 felt in Noida

7 hours ago

Business / Business Today/ Latest News

The earthquake originated 19 km southeast of Noida in Gautam Buddh Nagar district of western Uttar Pradesh at a depth of 4 km, the NCS said. The time of earthquake was 10.42 pm on Wednesday..

Asian stocks set to extend gains as stimulus fans recovery hopes

an hour ago

Business / MoneyControl/ Latest News

Australian SP/ASX 200 futures rose 1.23% in early trading. Japan#39;s Nikkei futures rose 1.1%...

Wall Street closes sharply higher on signs of economic rebound

an hour ago

Business / MoneyControl/ Latest News

The Dow Jones Industrial Average rose 527.24 points, or 2.05%, to 26,269.89, the SP 500 gained 42.05 points, or 1.36%, to 3,122.87 and the Nasdaq Composite added 74.54 points, or 0.78%, to 9,682.91...

Coronavirus India News LIVE Updates: Delhi records highest one-day spike of 1,513 new COVID-19 cases

an hour ago

Business / MoneyControl/ Latest News

Coronavirus India News LIVE Updates: Total confirmed cases in India have risen to 2,07,615...

75 additional flights to US, Canada in June: Puri

4 hours ago

News / Times Of India/ Business

Air India will operate 75 additional flights to North America this month and foreign nationals can fly out on them. Resumption of schedule international flights will take some time and till then the Vande Bharat flights will fly eligible people in and out of India...

Debt Fund Terminology – YTM vs Actual Returns, Modified and Macaulay Duration

6 hours ago

Business / Blogs/ Sana Securities Blog

A few days back, I wrote an article on various debt mutual funds and what investors must consider before investing. Some of the questions I received gave me the idea of writing this part 2. I will try to explain basic debt fund terminology here. What is Yield to Maturity (YTM)? Debt mutual funds, being market… Read more The post Debt Fund Terminology – YTM vs Actual Returns, Modified and Macaulay Duration appeared first on Sana Securities Blog...

WHO to resume clinical trials of hydroxychloroquine for coronavirus treatment

9 hours ago

Business / Business Today/ Latest News

WHO chief Tedros Adhanom Ghebreyesus said that clinical trials of anti-malaria drug hydroxychloroquine will resume as a potential treatment for coronavirus..

Trump administration to block Chinese airlines from flying into US

8 hours ago

Business / Business Today/ Biz Wrap

The decision was a response to China's failure to let United Airlines and Delta Air Lines resume flights this week to China, which were suspended earlier this year in response to the coronavirus pandemic that started in China's Wuhan province..

From PUBG to Minecraft, here#39;s a look at the most-played online games during COVID-19 lockdown

9 hours ago

Business / MoneyControl/ Latest News

There is no denying that Indians are spending a significant amount of time during the coronavirus-driven lockdown in playing online games...

'Hope US visa review will consider benefits of H-1B'

4 hours ago

News / Times Of India/ Business

India hopes the US' review of non-immigration visa will take into account the long term benefits of H-1B visa for American competitiveness and not affect the provision of essential services at this "critical hour" of the Covid-19 outbreak, foreign secretary Harsh Vardhan Shringla has said...

Vijay Mallya not returning right away, extradition yet to be signed

8 hours ago

Business / Business Today/ Biz Wrap

The deadline for the UK Home Office Secretary to sign extradition documents in order to sent Vijay Mallya expires on June 11, 2020, as per the Extradition Act..

Cabinet approves setting project development cells to attract investment

12 hours ago

Business / Business Today/ Biz Wrap

Project Development Cells and an Empowered Group of Secretaries will help various ministries and departments, as well as central and state governments coordinate on investment-related matters..

Not prudent to go for forced waiver of interest, risking financial viability of banks: RBI to SC

9 hours ago

Business / MoneyControl/ Business News

It said that the mandate of the Reserve Bank as far as regulation of banks is concerned draws upon the considerations of protection of depositors#39; interest and maintenance of financial stability, which also require that the banks remain financially sound and profitable...

Coronavirus impact on industry: Rahul Gandhi to interact with Rajiv Bajaj on Thursday

13 hours ago

Business / Business Today/ Biz Wrap

Bajaj said, "I am not seeing a smooth, concerted, rhythmic move towards unlocking of the supply chain"..

Cabinet suspends bankruptcy proceedings against NPAs for six months

13 hours ago

Business / Business Today/ Biz Wrap

This will be applicable for NPAs (non-performing assets) after March 25, with a provision to extend up to one year..

UK#39;s Prince Charles says coronavirus reset is a new chance for sustainability

10 hours ago

Business / MoneyControl/ Business News

Prince said that rebuilding the world from the devastating impact of the "dreadful" coronavirus pandemic presented an opportunity for those environmental causes...

Global air passenger traffic plunges 94.3% in April: IATA

11 hours ago

Business / MoneyControl/ Business News

"This is a rate of decline never seen in the history of IATA#39;s traffic series, which dates back to 1990," said a press release by the organisation that has around 300 airlines as its members...

Sensex closes 284 points higher, Nifty at 10,061; banking stocks outperform

14 hours ago

Business / Business Today/ Markets

Globally, indices turned green as investors turned optimistic over prospects of more government stimulus and eased lockdowns across the world..

US oil production falls to lowest since October 2018: EIA

11 hours ago

Business / MoneyControl/ Business News

Meanwhile, distillate stockpiles climbed to the highest since September 2010, the data showed. Midwest distillate inventories rose to the highest on record, it said...

NLC India raises Rs 1,200 crore by issuing commercial papers

11 hours ago

Business / MoneyControl/ Business News

"NLC India has issued and allotted 24,000 nos of commercial paper of face value of Rs 5,00,000 each aggregating to Rs 1,200 crore," the PSU said in a filing to BSE...

Aurobindo Pharma FY20 net profit rises 20% to Rs 2,831 crore

12 hours ago

Business / Business Today/ Sectors

In the fourth quarter ended March FY20, Aurobindo Pharma's revenue from operations was recorded at Rs 6,158.4 crore..

HDFC sells 1.3% stake in HDFC Life, Kanani family offloads 4.8% in Neogen Chemicals

12 hours ago

Business / MoneyControl/ Buzzing Stocks

The corporation has sold 2.6 crore equity shares (representing 1.28 percent of total paid-up equity of HDFC Life) at Rs 490.22 per share, as per the bulk deal data available on the BSE...

Saudi Arabia, Russia reach deal on oil cuts, raising pressure on laggards

13 hours ago

Business / MoneyControl/ Commodity News

OPEC agreed last month to cut output by a record 9.7 million barrels per day, or about 10% of global output, in May and June to lift prices battered by plunging demand linked to lockdown measures aimed at stopping the spread of the coronavirus...

#39;Here in New York we actually read the bible#39;, says New York Governor Andrew Cuomo in jab at Donald Trump

9 hours ago

Business / MoneyControl/ World News

"The president held up the Bible the other day in Washington, D.C. Here in New York we actually read the Bible," Cuomo told a briefing before reading some passages from the book...

JK Rowling lauds little fans from India, replies to their #39;Ickabog#39; artwork on Twitter

12 hours ago

Business / MoneyControl/ World News

Many children have been drawing their renditions of the monsters Rowling mentions in the book, while the author is proactively engaging with those posting their drawings on Twitter..

Stay on 69,000 UP govt teachers#39; appointment: Priyanka Gandhi slams Yogi govt

11 hours ago

Business / MoneyControl/ Current Affairs

"Paper leak, cut-off controversy, fake evaluation and wrong answer key -- Due to all these shortcomings of the UP government, the matter of recruitment of 69,000 teachers is pending," the Congress general secretary in-charge UP East said...

Cabinet okays ordinance to amend insolvency law

4 hours ago

News / Times Of India/ Business

The Cabinet on Wednesday cleared an ordinance to amend the Insolvency and Bankruptcy Code (IBC) whereby fresh insolvency proceedings will not be initiated for defaults due to the COVID-19 pandemic, according to sources...

Reliance Industries Closes Rights Issue of Rs 53,124.20 Crore, Oversubscribed 1.59 Times

6 hours ago

News / IBNLive/ Latest Business News

The Rights Issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign. The public portion of the Rights issue was subscribed 1.22 times...

Bharat Biotech, IVI consortium gets $14 million grant for Chikungunya vaccine

9 hours ago

Business / Business Today/ Latest News

This grant is supported by the European Union (EU)'s Horizon 2020 programme through an existing framework partnership agreement with CEPI..

Brazil to start testing Oxford University and AstraZeneca#39;s experimental vaccine against COVID-19 this month

9 hours ago

Business / MoneyControl/ Latest News

Anvisa authorized the testing late on Tuesday. Some 2,000 people will participate in the trial, which will be conducted with the support of the Health Ministry, Unifesp said...

Undertake ENT operations for COVID-19 patients only in emergency cases: Health Ministry

10 hours ago

Business / MoneyControl/ Latest News

In case of pre-operative COVID positivity, a surgeon should weigh the risk benefit of postponing surgery for 14 days or scheduling procedure in COVID-designated operation theatre, said the #39;Guidelines for safe ENT practice in COVID 19#39; released by the ministry on Wednesday...

Govt approves amendment to Essential Commodities Act

12 hours ago

News / Times Of India/ Business

The Union Cabinet on Wednesday approved amendment to the six-a-and-half decade old Essential Commodities Act to deregulate food items, including cereals, pulses and onion, a move that will transform the farm sector and help raise farmers' income...

Cabinet approves renaming Kolkata Port Trust after Syama Prasad Mookerjee

12 hours ago

Business / Business Today/ Biz Wrap

The Board of Trustees of Kolkata Port Trust in its Meeting held on 25th February has also passed a Resolution to re-name Kolkata Port as 'Syama Prasad Mookerjee Port, Kolkata' considering Mookerjee as an academician, eminent jurist, thinker and leader..

PNB lowers rates on savings account deposits by 50 bps

9 hours ago

Business / MoneyControl/ Business News

The rate of interest on savings fund deposit has been reduced with effect from July 1, 2020, Punjab National Bank said in a tweet...

Railway freight earnings dip by Rs 8,283 crore during coronavirus lockdown: Data

10 hours ago

Business / MoneyControl/ Business News

The national transporter saw a slight dip in its loading of fertilisers -- from 7.3 MT in 2019 to 6.56 MT this year; the revenue dipped from Rs 709 crore to Rs 289 crore...

Kotak CEO Uday Kotak takes over as CII president

13 hours ago

Business / Business Today/ Biz Wrap

Kotak, managing director and CEO of Kotak Mahindra Bank Limited, takes over from Vikram Kirloskar, chairman and managing director of Kirloskar Systems Ltd and vice chairman of Toyota Kirloskar Motor..

HUL share price gains 2% after operations resume across plants

12 hours ago

Business / Business Today/ Markets

Share price of HUL gained 1.94% to Rs 2,148 against previous close of Rs 2,107 on BSE. HUL share has gained 7.21% in last 6 days..

RIL rights issue subscribed 1.59 times, raises over Rs 84,000 crore

10 hours ago

Business / MoneyControl/ Business News

Reliance Rights Issue WORLD#39;S BIGGEST by a non-financial issuer in 10 years..

Saregama share price closes 20% higher on deal with Facebook

13 hours ago

Business / Business Today/ Markets

Saregama share price opened with a gain of 2.95% at Rs 286.30 against previous close of Rs 278.30 on BSE..

Savings Account Interest rates: List of Banks that have cut savings account rates

9 hours ago

Business / Business Today/ Sectors

Here's a list of banks that have cut savings account rates - State Bank of India, ICICI Bank, Axis Bank, Kotak Mahindra Bank. Check the latest saving account interest rates offered by banks...

Retailers received âlittle support#39; from banks to tide over COVID crisis: RAI Survey

11 hours ago

Business / MoneyControl/ Business News

The survey, which took response from 311 retailers across India said 56 percent had outstanding term loan facilities and 52 percent did not get moratorium announced by the RBI on March 27...

SBICAP expresses willingness to fund stuck Amrapali projects

9 hours ago

Business / MoneyControl/ PF Columns

Supreme Court directs multi-national firm JP Morgan to deposit Rs 140 crore; next hearing on June 10...

Cabinet allows farmers to sell produce directly to traders, retailers, food processors

12 hours ago

Business / Business Today/ Sectors

India's antiquated Agriculture Produce Marketing Committee (APMC) Act requires all farmers to sell their produce at the wholesale markets in most of the country's 29 states..

HDFC Life Insurance shares end with gains on big block deal

13 hours ago

Business / MoneyControl/ Buzzing Stocks

Today it traded with volumes of 2,86,23,797 equity shares, compared to its five-day average of 1,38,801 shares, an increase of 20,522.21 percent. Its market capitalisation stood at Rs 101,241.34 crore...

BPCL Q4: Fuel refiner posts loss of Rs 1,819.6 crore on inventory loss, lower refining margins

11 hours ago

Business / MoneyControl/ Results News

Revenue from operations for the quarter stood at Rs 68,997.8 crore, declining 8 percent compared to Rs 74,959.2 crore in December quarter 2019...

Coronavirus wrap June 3: Dubai to open malls with full capacity; 40 test positive from one containment zone in Goa

10 hours ago

Business / MoneyControl/ World News

India has 1,01,497 active cases while 1,00,302 have recovered...

UK PM Johnson confirms visa plans for 3 million Hong Kong citizens

12 hours ago

Business / MoneyControl/ World News

An estimated 3,50,000 Hongkongers hold British National (Overseas) passports and another 2.5 million would be eligible to apply for them. At present, these BNO passports only allow visa-free access to the UK for up to six months...

SC dismisses plea of Andhra Pradesh govt against HC order on removing party colour from state buildings

12 hours ago

Business / MoneyControl/ Current Affairs

The top court, however, granted relief to the Chief Secretary, the Principal Secretary of âPanchyati Raj#39; and the Commissioner of âPanchayati Raj and Rural Development of the Andhra Pradesh government by closing the contempt proceedings initiated by the High Court against them, said lawyer G N Reddy, who represented the government...

Amazon Bestseller: Fundamental Analysis for Investors - Raghu Palat

3 years ago

Shopping / Amazon/ Financial Books

How to make profits in the stock market . . . steadily and consistently Fundamental analysis is an essential, core skill in an investor's tool-kit for evaluating a company on the basis of its track record: sales, earnings, dividends, products, management, etc., as well as the economic and industry outlook. It is a value-based approach to stock market investing solid and prudent-that typically offers handsome profits to the long-term investor. Raghu Palat's book will help you master the essentials of fundamental analysis. It clearly explains, with illustrations, all the analytical tools of economic, industry and company analysis, including ratios and cash flow. It shows you how to judge a company's management and its products, and discover what actually lies behind the figures and notes in a company's annual report. And, how to calculate the intrinsic value of a share. Fundamental analysis will help you base your investment decisions on relevant information, not tips, hunches or assumpt..

7 days quarantine must for people coming to Delhi

4 hours ago

News / Times Of India/ Business

All asymptomatic domestic passengers coming to Delhi by air, train or bus will need to home quarantine themselves for seven days. The Delhi government has ordered that airport, railway and transport authorities will provide passenger manifest to the it on a daily basis...

Biz EOD: Auto dealers SOS; air passenger traffic to decline; Karnataka's slowest revenue growth in 11 years

8 hours ago

Business / Business Today/ Latest News

Amazon Bestseller: Learn to Earn: A Beginner's Guide to the Basics of Investing and Business - Peter Lynch

3 years ago

Shopping / Amazon/ Financial Books

Learn to Earn - A Beginner's Guide to The Basics of Investing and Business was written to fulfill two reasons, one was to make sure that the 'rich get richer, poor get poorer' principle doesn't dwell in business for long. The second reason was to let the common people make a living out of associating with the brands they use every day. Almost every second teenager wears a Nike product to a basketball game. Three out of five families stop at a McDonalds for lunch during a road trip. Nestle is much more than just a household name. and State Bank of India holds the largest number of savings bank accounts in the country. Yet, how many of these customers are investing in their relationships with these brands? More importantly, how many are aware that they can? This book is for those who are not making use of this...

Cyclone Nisarga: Flight operations at Mumbai airport resume

7 hours ago

Business / Business Today/ Biz Wrap

MIAL had scheduled a total of 19 flights for Wednesday, which include 11 departures and eight arrivals to be operated by five airlines -- Air India, IndiGo, SpiceJet, GoAir and AirAsia India..

Amazon Bestseller: The Power of your Subconscious Mind - Dr Joseph Murphy

3 years ago

Shopping / Amazon/ Financial Books

Did you know that your mind has a mind of its own? Yes! Without even realizing, our mind is often governed by another entity which is called the sub-conscious mind. This book can bring to your notice the innate power that the sub-conscious holds. We have some traits which seem like habits, but in reality these are those traits which are directly controlled by the sub-conscious mind, vis-à-vis your habits or your routine can be changed if you can control and direct your sub-conscious mind positively. To be able to control this mind power and use it to improve the quality of your life is no walk in the park. This is where this book acts as a guide and allows you to decipher the depths of the sub-conscious. In this book, The power of your subconscious mind, the author fuses his spiritual wisdom and scientific research to bring to light how the sub-conscious mind can be a major influence on our daily lives. Once you understand your subconscious mind, you can also control or get rid of the ..

Coronavirus pandemic | 1,276 new COVID-19 cases in Mumbai, 49 more die; count rises to 43,262: BMC

9 hours ago

Business / MoneyControl/ Latest News

A total of 259 patients were discharged from hospitals in the last 24 hours from various COVID facilities, taking the tally of recovered cases to 17,472, it said...

Amazon Bestseller: The Alchemy of Finance - George Soros

3 years ago

Shopping / Amazon/ Financial Books

In the Alchemy of Finance, Soros presents a theoretical and practical account of current financial trends. Details his innovative investment practices along with his views of the world and world order. President of the phenomenally successful Quantum Fund, which has 4.2 billion in net assets, Soros describes his ``theory of reflexivity' which underlies his unique investment strategies. The original edition, published in 1987 has been updated with an expanded Preface and Introduction lending Soros' timeless principles a modern context. Finally, the book features a section that details the secrets of Soros's success as told by the author. · Part One: Theory · Part Two: Historical Perspective. · Part Three: The Real-Time Experiment. · Part Four: Evaluation. · Part Five: Prescription...

Cholamandalam Investment and Finance Q4 net profit declines 85% to Rs 43 crore

9 hours ago

Business / MoneyControl/ Business News

Nearly 75 per cent of the company#39;s loan book is under the moratorium. It has extended the moratorium to 76 per cent of its customers...

Self-sufficient globalisation an oxymoron; 6% growth not birth right: Arvind Subramanian

8 hours ago

Business / Business Today/ Biz Wrap

Subramanian says a lot of hard work is required to get the country back on growth path and we should not believe "as a birthright we are entitled to 6 pc growth right now"..

Saudi Arabia, Russia agree on oil cuts, raising pressure on other countries for compliance

12 hours ago

Business / Business Today/ Biz Wrap

Opec+ agreed to cut output by a record 9.7 million barrels per day, or about 10 per cent of global output, in May and June to lift prices battered by plunging demand..

Business Insight | Moody#39;s downgrades SBI, HDFC Bank; should investors worry?

9 hours ago

Business / MoneyControl/ Business News

Moody#39;s has downgraded the long-term local and foreign currency deposit ratings of HDFC Bank and SBI...

Apple must face US shareholder lawsuit over CEO#39;s iPhone, China comments

10 hours ago

Business / MoneyControl/ Business News

The complaint, led by the Employees#39; Retirement System of the State of Rhode Island, came after Cook on January 2, 2019 unexpectedly reduced Apple#39;s quarterly revenue forecast by up to $9 billion, in part because of US-China trade tensions...

Moody's downgrades ratings of ONGC, HPCL, Indian Oil, Bharat Petroleum

13 hours ago

Business / Business Today/ Biz Wrap

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's..

Is Vijay Mallya being brought to Mumbai? Here#39;s a lowdown on what#39;s in store

10 hours ago

Business / MoneyControl/ Business News

On May 14, he lost his final appeal against extradition to India in the United Kingdom#39;s Supreme Court...

Tata Steel to raise Rs 400 crore

10 hours ago

Business / MoneyControl/ Business News

In a filing to the BSE, the company said the committee approved allotment of 4,000 non-convertible debentures having face value of Rs 10 lakh each on private placement basis to identified investors...

Gold price today: Yellow metal trades flat amid equity market rally

14 hours ago

Business / Business Today/ Markets

Extending sharp losses from the previous session, gold prices for June futures on the Multi Commodity Exchange fell by Rs 196, or 0.42%, to Rs 46,600 per 10 gm..

Auto dealers demand 7% higher margins from auto firms

11 hours ago

Business / Business Today/ Sectors

"Automobile dealers in India operate on the lowest margins possible as compared to peers globally," said Ashish Harshraj Kale, President, FADA..

Cauliflower and cheaper beer as Prague puts local tourists first

11 hours ago

Business / MoneyControl/ Business News

Take Jan Valenta and his wife Zuzi, who spent 9 years building a food tour company catering mainly to foreigners. Their business vanished with the coronavirus crisis that shut borders worldwide and stranded tourists at home...

Coronavirus impact: Air passenger traffic to decline by 45-50% during FY21, says ICRA

12 hours ago

Business / Business Today/ Sectors

India's aviation industry faces uncertainty in the air traffic recovery timeline in the wake of subdued demand for leisure (especially international) by risk averse passengers and likely decline in disposable income in the hands of consumers..

Pact for merger of Embassy Group#39;s realty units with IBREL may be signed before July 15

9 hours ago

Business / MoneyControl/ PF Columns

In June 2019, the promoters of IBREL sold 14 percent stake through open market transactions to Embassy Group for Rs 950 crore, as part of their strategy to focus on financial services and exit from realty business...

Centre not to scrap MSP on wheat, rice: Agriculture minister

9 hours ago

Business / MoneyControl/ Economy

"Procurement at MSP is underway. It will continue in the coming days as well. Those who want to create confusion and play politics, I request them to do it on other issues," Tomar said...

From Salman Khan#39;s Chulbul Pandey to Little Singham, Bollywood characters gain traction in kids#39; content

11 hours ago

Business / MoneyControl/ Entertainment News

Animation company Cosmos Maya recently announced a two-season series based on the character Chulbul Pandey...

US President Donald Trump tries religious gestures to hike support amid protests

10 hours ago

Business / MoneyControl/ World News

Trump#39;s religious outreach marked his latest efforts in a series of overtures to mobilise conservative voters of faith, particularly the white evangelical Christians who are among his most loyal supporters...

Mizoram to open schools for new session on July 15

10 hours ago

Business / MoneyControl/ Current Affairs

The meeting of departments concerned and stakeholders chaired by Education Minister Lalchhandama Ralte unanimously agreed to open educational institutions under Mizoram Board of School Education (MBSE) on July 15 and also open admission for Class 11 students on June 22, the official said...