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February 15, 2021
The latest data suggests that economic activity is now only about two percentage points below pre-pandemic levels.Nomura’s predictions are in line with India’s recent data on industrial production, which registered a modest growth of 1% on an annualized basis in December 2020
February 15, 2021
Gains in global equities after successful coronavirus vaccine rollouts raised hopes of a rapid economic recovery. The surge in local equity markets was also after better than expected earnings and macro economic data
February 15, 2021
Gold prices today struggle for 3rd day, down ₹9000 from record high, silver up Premium 1 min read Share Via Read Full Story Gold prices remained weak for the third day in Indian markets today in tandem with softer global rates. On MCX, gold futures were up 0.17% to ₹47,398 per 10 gram while silver futures gained 1% to ₹69,900 per kg. In the previous two sessions, gold had lost about ₹800 per 10 gram. In global markets, gold eased today after a jump in US Treasury yields, which hit n...
February 15, 2021
Last week, Prime Minister Narendra Modi spoke to his Canadian counterpart Justin Trudeau and assured that India will do its best to facilitate supplies of Covid-19 vaccines sought by Canada
February 15, 2021
Ontario Securities Commission has approved the launch of Purpose Bitcoin ETF by Toronto-based asset management company Purpose Investments Inc
February 15, 2021
Future Retail says Amazon filed petition in SC against 8 Feb order on RIL deal The logo of Amazon Future Retail also said that it will defend Amazon petitioner through legal counsel On 8 February, the Delhi High Court stayed its single judge direction to Future Retail Ltd and various statutory authorities to maintain status quo with regard to its Reliance Retail deal Share Via Read Full Story Future Retail Ltd on Monday said that e-commerce major Amazon had filed a petition on Supreme Court a...
February 15, 2021
Spot crude imports into the world’s third-largest oil market will rise by 10% to 15% this year from 2020, according to industry consultant FGE.OPEC+ members are unlikely to change its production policy at their next meeting on March 4, and will probably agree to keep output steady in April
February 15, 2021
Fintech lending startup KreditBee raises $75 million in Series C equity round The group launched KreditBee in May 2018, focused on full-stack digital lending for young professionals. (Bloomberg)Premium Share Via Read Full Story Bengaluru-headquartered fintech lending startup KreditBee has concluded its Series C equity round worth USD 75 million from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures consisting of both primary and secondary investment. “We st...
February 15, 2021
Rupani collapsed on stage on Sunday while addressing a rally for upcoming civic polls in the Nizampura area of Vadodara.He was taken to UN Mehta hospital, Ahmedabad, where he was kept under observation for 24 hours
February 15, 2021
Renault launches SUV Kiger at ₹5.45 lakh in India: Details here Premium Share Via Read Full Story Renault has finally launched the new Kiger in India. The SUV steps into an extremely competitive segment and the ace under the company’s sleeve is the price of the car. The new sub-4m SUV will be going against the likes for Hyundai Venue, Nissan Magnite, Kia Sonet, Mahindra XUV 300 and Maruti Suzuki Vitara Brezza. The new Renault Kiger will start at a price of ₹5.45 lakh (ex-showroom) for t...