• News

    UN releases $25 million aid to organisations fighting violence against women

    To help women-led organisations working on preventing gender-based violence, the United Nations (UN) has released $25 million from its emergency fund. The fund was released by UN Humanitarian Chief Mark Lowcock from the UN's Central Emergency Response Fund (CERF). It has gone to the United Nations Population Fund (UNFPA) and UN Women. While the UNFPA got $17...

    • 4 min ago
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    Economic recovery stronger than expected says RBI Governor Shaktikanta Das

    Mumbai: After the 23.9 per cent GDP contraction in the April-June quarter following the COVID-19 pandemic, economic recovery momentum has been stronger than expected, Reserve Bank of India (RBI) Governor Shaktikanta Das said Thursday. He however, cautioned that we need to be watchful of the demand momentum sustaining after the festivities as well. Shaktikanta , and also...

    • 11 min ago
  • News

    After The Bell: Bulls back in action, here's what investors should do on Friday

    The Indian market that started the day on a muted note recouped losses and closed with gains of 1 percent on the November F&O Expiry day. The S&P BSE Sensex rallied 431 points to close at 44,259 while the Nifty50 ended 128 points higher at 12,987. Sectorally, action was seen in metal, finance, telecom, healthcare, and banks while profit booking was seen in...

    • 12 min ago
  • News

    NPCI gets new shareholders, allots 4.6% shares worth Rs 81.6 crore

    The National Payments Corporation of India (NPCI), which runs UPI and RuPay payment schemes, has allotted 4.63 percent of its equity shares worth Rs 81.64 crore to multiple banks and non-banking payment entities through a private placement. NPCI had made the offer for a private placement to 131 Reserve Bank of India-regulated entities, of which 19 had shown interest and were...

    • 12 min ago
  • Economy

    Macro Minutes podcast | Localised lockdowns won't impact the momentum of economic recovery: Sanjeev Sanyal

    In this episode, Moneycontrol's Arup Roychoudhury talks to Principal Economic Advisor Sanjeev Sanyal, who says that the government has saved some big announcements for the budget and that even with localised lockdowns due to rising COVID-19 cases, the momentum of economic recovery should not be affected. Sanyal has co-authored the G-20...

    • 12 min ago
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    Mahindra First Choice to be integrated with TVS Automobile Solutions

    Mahindra First Choice Services Ltd. (MFCSL), a pan-India chain of multi-brand car and twowheeler service workshops, part of the $19.4 Bn Mahindra Group, on Thursday announced a plan to integrate its operations with TVS Automobile Solutions Pvt. Ltd., (TASL), India's leading independent automotive aftermarket player. As per the plan, Mahindra Holdings Limited, a wholly...

    • 15 min ago
  • Business

    Benchmarks Reverse Losses On F&O Expiry; Financial Stocks Shine

    Equity indices resumed their ascent on Thursday after a day's breather, buoyed by banking and financial stocks, as the November series derivative contracts expired amid largely positive cues from global markets. After a volatile session, the 30-share BSE Sensex ended 431.64 points or 0.98 per cent higher at 44,259.74. Similarly, the broader NSE Nifty surged 128.60 points or 1...

    • 16 min ago
  • Companies

    One-time restructuring may not necessarily help every developer: HDFC's Keki Mistry

    Mumbai: All real estate developers may not be able to avail the benefit of Reserve Bank of India's one-time restructuring scheme as they might not meet the required financial ratios and have the necessary credit rating, HDFC Ltd Vice Chairman and CEO Keki Mistry said. He was speaking at a real estate and infrastructure investor summit organised by...

    • 19 min ago
  • News

    Vivo begins registrations for the Vivo V20 Pro in India, could arrive in the first week of December

    Vivo is gearing up to launch its first 5G phone in India next month. The company has been teasing the Vivo V20 Pro 5G for the past couple of days now, while a 'Stay Notified' button for the phone has already popped up on Vivo's Indian website. Vivo has begun accepting registrations for the V20 Pro 5G on its website. It is worth...

    • 20 min ago
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    Lack of easy and seamless investment options a major concern for potential crypto investors - CoinDCX Survey

    US Dollar Lack of easy and seamless investment options a major concern for potential crypto investors: CoinDCX Survey CoinDCX released a-first-of-its-kind national survey report capturing interesting crypto investor behaviour trends and analysis titled 'Mood of the Nation' ยท 78% investors in crypto have a history of...

    • 26 min ago