Business
China To Invest Nearly $900 Billion In Power Grids: State Media
China will invest close to $900 billion in the next five years to help further develop the country's power grids, the official Xinhua News Agency reported on Saturday.
PSBs On-board 1.5 Account Holders on Digital Payment Modes in 45 Days
The 'Digital Apnayen' campaign, aimed at encouraging customers to use digital banking channels, was launched on August 15 under the aegis of the government's Digital India initiative.
Iran Says New U.S. Sanctions Target 'Remaining Channels To Pay For Food, Medicine'
Iranian Foreign Minister Mohammad Javad Zarif accused the United States of targeting Iran's "remaining channels to pay for food and medicine" in the midst of the pandemic through new sanctions announced on Thursday.
How Major US Stock Indexes Fared Thursday
Stocks closed higher on Wall Street Thursday as hope remains that Washington can approve more aid for the economy and after a report suggested the pace of layoffs is slowing a bit, though it remains incredibly high.
NMDC Hikes Iron Ore Prices by Rs 200 Per Tonne
In a BSE filing, NMDC said it has increased the price of lumps or high-grade iron ore by Rs 200 to Rs 3,450 per tonne, and that of iron ore fines or inferior grade ore also by Rs 200 to Rs 3,160 a tonne.
Mazagon Dock IPO Allotment: How to Check Share Status Online
The IPO’s issue with a price band of Rs 135-145, the Rs 444-crore Mazagon Dock Shipbuilders subscribed 157.41 times, highest ever by a public service undertaking (PSU). The government which has 100 percent stake in the state-owned PSU will offload 15.17 p...
JPMorgan Pledges $30 Billion To Address Racial Wealth Gap
JPMorgan Chase & Co said on Thursday it would commit $30 billion to address racial inequality over the next 5 years, marking one of the largest corporate pledges related to race since the death of George Floyd.
Railways Receives 120 Applications in Response to Private Train RFQ; 14 of 15 Companies Indian
The firms which have made the applications for the clusters include Arvind Aviation, BHEL, Construcciones y Auxiliar de Ferrocarrriles, S.A, Cube Highways and Infrastructure III Pvt Ltd, Gateway Rail freight Limited, GMR Highways Limited, Indian Railway C...
Oil Falls On U.S. Stimulus Impasse And U.S. Stockpiles
Oil prices fell on Wednesday after U.S. President Donald Trump dashed hopes for a fourth stimulus package to boost the coronavirushit economy, with prices also pressured by a larger than expected rise in U.S. crude inventories.
Govt Recognises Need for Further Stimulus at an Appropriate Time: Principal Economic Adviser Sanjeev Sanyal
With the outbreak of COVID-19 pandemic, the government announced Rs 1.70 lakh crore Pradhan Mantri Garib Kalyan Yojana, followed by the unveiling of Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyan package, which many analysts said fell short of addressing...
Graphic: Asian Stocks See Heavy Outflows In September As Virus Woes Weigh
Foreigners turned net sellers of Asian equities after three consecutive months of buying as concerns over a resurgence of the coronavirus and a firmer U.S. dollar dimmed demand for riskier assets.
SURE Thing: EU Jobs Scheme Funding A Template For Heftier Recovery Fund Issuance
Debt sales to fund Europe's pandemiclinked unemployment scheme kick off later this month, a test run for groundbreaking plans to transform the European Union into one of the world's largest bond issuers in less than a decade.
Despite Shift, Energy Giants Fall Short Of U.N. Climate Goals: Study
Europe's top oil companies are yet to be aligned with U.N.backed targets to combat climate change even after outlining ambitious plans to slash carbon emissions and pivot to renewable energy, a report backed by a group of major investors said.
Five Things To Know About The Big Tech Antitrust Report
After years of calling Big Tech too big, Democratic lawmakers are calling for Congress to rein in Facebook, Google, Amazon and Apple by breaking them up, limiting future mergers and blocking self-dealing that could hurt competitors.
CAG Pulls Up Odisha Over Rs 112 Crore Royalty Shortfall on Coal
In terms of a 2012 notification of the Ministry of Coal, royalty on coal is leviable at the flat rate of 14 percent ad-valorem on the price of coal as reflected in the invoice excluding taxes, levies and other charges, said the report tabled in the Odisha...
S&P, Nasdaq Dip As Powell Warns On Economic Recovery
The S&P 500 and the Nasdaq retreated on Tuesday as Federal Reserve Chair Jerome Powell warned the U.S. economic recovery remained far from complete, with a selloff in some of the biggest technology companies also weighing on sentiment.