Oil prices were steady on Thursday after U.S. crude stocks climbed less than expected, while investors awaited further clarity on supply drivers, including an OPEC+ meeting and the looming EU ban on Russian refined products. Brent crude futures dipped 4 cents, or 0.1%, to $86.08 per barrel by 0400 GMT, while U.S. West Texas Intermediate […]
The Indian share market tanked over 1% on Tuesday as investors shied away from equities fearing a recession in the wake of the central bank’s liquidity tightening. Markets have been volatile over the past few sessions and analysts see persistent volatility going forward as well. Analysts believe that the recent correction is a result of […]
The Job One of the most rewarding aspects of my job is to solve various challenges that come up at the workplace or in the business ecosystem from time to time. It motivates me to foster an environment where obstacles become opportunities for innovation and growth. This also allows me to engage actively with my […]
Four Adani group companies’ shares have been excluded from the Nifty Alpha 50 index as the National Stock Exchange of India (NSE) rejigged its indices. Adani Enterprises, Adani Green Energy, Adani Transmission, and Adani Total Gas have been excluded from the Nifty Alpha 50 index, along with ten other stocks. The rejig and replacement is […]
The new year is going to be a difficult one for social media platforms like X, Instagram, Facebook, and others as they will come under increased regulatory scrutiny for artificial intelligence-generated user harm cases. They would need to increase their due diligence in terms of vetting content on their platforms as the onus of identifying […]
As the curtain falls on 2023, it marks a year of immense celebration in Indian Cinema, with numerous films surpassing the remarkable milestone of 500 crores. Simultaneously, the OTT landscape witnessed a great landscape, offering audiences some of the most compelling binge-worthy content. Following a year packed with celebrated blockbusters and enthralling storytelling on OTT, […]
The euro was on track for its biggest one-day drop since September as German inflation eased in December, while the dollar rose to a two-week high with focus turning to the Federal Reserve’s minutes from the December meeting. The euro was last down around 1.3% against the dollar at $1.0526, its lowest level since Dec. […]
Portfolio managers have seen a fourth of their clients drop off over the course of the previous three years amid an increase in ticket size and sub-par returns. Portfolio management services (PMS) providers had 161,465 clients in November 2019. That fell 25% to 120,978 as of November 2022, data from a monthly regulatory bulletin showed. […]
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks (PSBs) on Saturday to review the financial performance of lenders. PSU banks have earned a net profit of about Rs 68,500 crore during the first six months of the current financial year. This is the probably last full review meeting before […]
Infrastructure EPC major KEC International Ltd, a RPG Group Company, on Thursday announced that it has secured new orders of Rs 1,566 crore across its various businesses. The company’s Transmission & Distribution (T&D) business has secured orders for T&D projects in India and Americas. This includes 400/220 kV transmission lines and 220/132 kV GIS & […]
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