Category Archives: Business

Increase gap between two Covishield shots to 12-16 weeks: Govt panel

By | May 13, 2021

New Delhi, May 13 (PTI) A government panel has recommended increasing the gap between two doses of Covishield COVID-19 vaccine to 12-16 weeks, official sources said on Thursday. No change has been suggested for dosage interval of Covaxin by the National Technical Advisory Group on Immunisation (NTAGI). It has… Read More »

India in Covid-19 ‘dire straits’ for it opened up prematurely: Dr Fauci

By | May 12, 2021

America’s top infectious disease expert Dr Anthony Fauci on Tuesday said that India is in such “dire straits” because it made the “incorrect assumption” that they were finished with the COVID-19 and opened up prematurely. India has been severely affected by the unprecedented second wave of the coronavirus and hospitals in several states are… Read More »

Markets in a vulnerable zone, full-fledged bear phase less likely: Analysts

By | May 11, 2021

Equity market is in a ‘vulnerable zone’ and are likely to remain very volatile, impacted by the sharp rise in Covid cases in the country since the past few weeks that has seen many state governments impose lockdowns and mobility restrictions to check the rampant spread, said analysts at HSBC in a recent report. They, however,… Read More »

Relief to only postpone financial stress from India’s Covid surge: Fitch

By | May 10, 2021

Reserve Bank of India’s Covid-19 relief package will provide some relief to financial institutions (FIs) in the next 12-24 months. However, it will largely be at the expense of postponing the recognition and resolution of underlying asset-quality problems, according to the rating agency Fitch. There are growing indications that India’s latest wave of… Read More »

Coronavirus LIVE: Delhi extends lockdown by another week till May 17

By | May 9, 2021

Coronavirus live updates: India on Sunday reported 403,738 new cases of Covid-19 and 4,092 deaths from the disease, a day after more states announced stricter lockdowns. cases and the overall death toll stood at 2,42,362. It was the fourth day straight that the country had recorded over 400,000 fresh Covid-19 cases. Tamil Nadu, known for its automobile manufacturing, said… Read More »

Coronavirus LIVE: Need 20.6 mn vaccines for all Delhiites, says Kejriwal

By | May 8, 2021

Cremation of a Covid-19 victim in Delhi Coronavirus live updates: India has recorded over 400,000 fresh Covid-19 cases for the third consecutive day, taking its cumulative caseload to 21,892,676. On Saturday, the country recorded 401,326 cases, according to MoHFW. 4,187 fatalities, highest yet, were also registered, taking the death toll to 238,270. India now has 3.73 million active… Read More »

MARKET LIVE: Indices off day’s high, Sensex up 250 pts; metals outperform

By | May 7, 2021

LIVE market updates: The Indian benchmark indices traded half a per cent higher, but off the day’s top, in Friday’s noon deals. Among headline indices, the S&P BSE Sensex hovered around 49,240 levels, up 290 points, or 0.6 per cent and the broader Nifty50 index reclaimed the 14,800-mark. Mahindra & Mahindra, Dr Reddy’s, State Bank of India, and… Read More »

Coforge advances 10% on healthy March quarter performance

By | May 6, 2021

Shares of Coforge moved higher by 10 per cent to Rs 3,181.65 on the BSE in intra-day trade on Thursday after the company reported a robust financial and operating performance during the March quarter of the financial year 2020-21 (Q4FY21). The IT firm reported continued growth-led momentum, with consolidated revenue growing 7.1 per cent… Read More »

Equitas, Ujjivan, AU Small Finance Bank gain as RBI announces loan relief

By | May 5, 2021

Shares of small finance banks (SFBs) like Equitas SFB, Ujjivan SFB, AU SFB and Suryoday SFB, on Wednesday, rose up to 6 per cent from their respective intra-day day lows on the BSE after the Reserve Bank of India (RBI) announced a special long-term repo operation window for SFBs, whereby the banks can borrow funds up to… Read More »

MARKET LIVE: Sensex gains 150 points; Nifty PSU Bank index up 5%

By | May 4, 2021

LIVE market updates: The Indian benchmark indices were holding on to their slim early gains in Tuesday’s noon deals, lifted mainly by public sector banks. The S&P BSE Sensex hovered around 48,870 levels, up 150 points. Earlier, the index had risen to as high as 48,997. The broader Nifty50 index hovered below 14,650-mark. IndusInd Bank, Axis Bank,… Read More »