Shares of banks and non-bank lenders went on the fast lane after the Reserve Bank of India’s Monetary Policy Committee retained the key rates unchanged and maintained its accommodative stance on February 10, contrary to expectations of some economists. The central bank’s projection of a decline in inflation in the second half of the next […]
The price of 10 gram of 24-carat gold increased by Rs 250 on Wednesday, with the yellow metal trading at Rs 49,530. The price of 22-carat gold is selling at Rs 45,400, up Rs 200. One kg of silver is selling at Rs 61,900, up Rs 300 from yesterday In Delhi and Mumbai, the price […]
India’s gross domestic product (GDP) is projected to grow at 9.2 per cent to Rs 147.5 lakh crore in 2021-22, Minister of State for Finance Pankaj Chaudhary said on Monday. In a written reply to a query in the Lok Sabha, Chaudhary said the government has implemented several major reforms in recent years to boost […]
A day after Facebook owner Meta Platforms suffered the deepest loss of stock market value in history for a U.S. company, Amazon logged the greatest ever one-day increase in value. Shares of the online retail and cloud computing giant surged 13.5% on Friday following its blowout quarterly report, expanding its market capitalization by around $190 billion by […]
With the Covid trajectory of the third wave in decline for the past two weeks, the health ministry said on Thursday that the cases peaked at 347,245 on January 21 — at a level lower compared to the second wave peak when daily cases had touched 414,188. “We don’t talk in terms of waves but only present […]
India’s exports to China have increased by 24 per cent to USD 21.54 billion during January-November 2021, while imports jumped to USD 78.88 billion in the same period as against USD 52.16 billion in the corresponding period of 2020, Parliament was informed on Wednesday. The major items of import from China include telecom instruments, computer […]
Delhi recorded 2,779 new Covid-19 infections, as well as 38 deaths. Positivity rate of national capital was at 6.20 per cent and 5,502 patients were discharged in last 24 hours. State also conducted 44,847 Covid-19 tests. As many as 4,576 children received their second shot of the vaccine till Monday 6 pm in Delhi – accounting for […]