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Industry Body CII: Fiscal Stimulus Of Rs 3 Lakh Crore Needed To Push Demand

Industry Body CII: Fiscal Stimulus Of Rs 3 Lakh Crore Needed To Push Demand

Edited by Animesh Singh | Thursday June 17, 2021

Industry body CII: Accelerated vaccination is the key to faster economic recovery.

Dodla Dairy IPO Oversubscribed On Second Day

Dodla Dairy IPO Oversubscribed On Second Day

Edited by Abhishek Vasudev | Thursday June 17, 2021

Dodla Dairy IPO: Retail individual investors seen participating in high numbers in the ongoing IPO as the portion reserved for them was subscribed 2.15 times.

Government Puts On Hold Proposal To Cut Import Tax On Edible Oils: Sources

Government Puts On Hold Proposal To Cut Import Tax On Edible Oils: Sources

Reuters | Thursday June 17, 2021

India has put on hold a proposal to reduce import taxes on edible oils as cooking oil prices started falling in world market after record highs.

India Pesticides IPO To Open On June 23. Here Are Things To Know

India Pesticides IPO To Open On June 23. Here Are Things To Know

Edited by Peter Noronha | Thursday June 17, 2021

India Pesticides' Rs 800 crore IPO will comprise a fresh issue of shares worth Rs 100 crore and an offer-for-sale of Rs 281.4 crore by promoter Anand Swarup Agarwal and Rs 418.6 crore by the shareholders

Somany Ceramics Hits Record High On Returning To Profit In March Quarter

Somany Ceramics Hits Record High On Returning To Profit In March Quarter

Edited by Abhishek Vasudev | Thursday June 17, 2021

During the quarter foreign institutional investors increased their shareholding to 2.6% from 1.9% in the previous quarter, Somany Ceramics said.

Flipkart Challenges Anti-Trust Probe By Competition Commission Of India 

Flipkart Challenges Anti-Trust Probe By Competition Commission Of India 

Reuters | Thursday June 17, 2021

Flipkart has filed a legal challenge against the restarting of an anti-trust probe into the company, arguing that it would cause "irreparable injury".

Gold Price Today: Yellow Metal Slides To One-Month Low, Silver Too Falls

Gold Price Today: Yellow Metal Slides To One-Month Low, Silver Too Falls

Edited by Animesh Singh | Thursday June 17, 2021

Gold, Silver Price Today, June 17, 2021: Yellow metal prices fell after US Federal Reserve said that interest rate hikes could take place in 2023.

Is Taking A Personal Loan Better Than Borrowing Against A Credit Card? Find Out

Is Taking A Personal Loan Better Than Borrowing Against A Credit Card? Find Out

Thursday June 17, 2021

Credit cards are revolving credit, which means you can borrow money as you need it; whereas personal loans are installment loans in which you receive money on a lump sum basis

What Lessons Have The World's Top 5 Investors Shared With Us? Find Out

What Lessons Have The World's Top 5 Investors Shared With Us? Find Out

Thursday June 17, 2021

Becoming a successful financial investor is not everyone's cup of tea; it requires a great amount of patience, wisdom, and foresightedness

Signs That Covid-Hit Economy May Be Turning A Corner

Signs That Covid-Hit Economy May Be Turning A Corner

Rahul Satija, Bloomberg | Thursday June 17, 2021

The ratio of upgrades to downgrades in ratings and credit outlooks by the local units of S&P Global Ratings, Moody's Investors Service and Fitch Group has improved to 1.2 this quarter

Sensex Drops 300 Points, Nifty Below 15,700 On Weak Global Cues

Sensex Drops 300 Points, Nifty Below 15,700 On Weak Global Cues

Edited by Abhishek Vasudev | Thursday June 17, 2021

The Sensex fell as much as 402 points and Nifty 50 index fell below its important psychological level of 15,700.

Microsoft Names Chief Executive Officer Satya Nadella As Chairman

Microsoft Names Chief Executive Officer Satya Nadella As Chairman

Reuters | Thursday June 17, 2021

Mr Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn, Nuance Communications and ZeniMax.

US Fed Signals Higher Rates In 2023, Bond-Buying Taper Talks As Virus Fades

US Fed Signals Higher Rates In 2023, Bond-Buying Taper Talks As Virus Fades

Reuters | Thursday June 17, 2021

Seven of the officials see rates moving higher next year, opening the possibility of even more aggressive action.

Government Hikes Fertiliser Subsidies; To Spend Additional Rs 14,775 Crore

Government Hikes Fertiliser Subsidies; To Spend Additional Rs 14,775 Crore

Press Trust of India | Thursday June 17, 2021

Minister of State for Chemicals and Fertilisers Mansukh Mandaviya said the Cabinet Committee on Economic Affairs has approved increasing the subsidy amount for DAP fertilisers for the benefits of farmers

Nifty Seen Opening Below 15,700 As US Fed Signals Rate Hikes Going Ahead

Nifty Seen Opening Below 15,700 As US Fed Signals Rate Hikes Going Ahead

Edited by Abhishek Vasudev | Thursday June 17, 2021

Foreign institutional investors sold shares worth Rs 870 crore wand domestic institutional investors sold shares worth Rs 874 crore.