Ant Group may execute around 50% of Rs 10,000 crore OFS in Paytm IPO

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Another Big Day for the Markets: Nasdaq +3%

Market indexes continue to dig out from recent lows sustained the day after Thanksgiving — two weeks ago this Friday — and through much of last week. Further evidence on ... Read more »

Archer Daniels Midland (ADM) Gains But Lags Market: What You Should Know

Archer Daniels Midland (ADM) closed at $64.16 in the latest trading session, marking a +1.66% move from the prior day. This change lagged the S&P 500’s 2.07% gain on the ... Read more »

View: Cash is dying, but we aren't ready to bury it

The demise of cash is near. As consumers, though, we should hope that the end doesn’t arrive too soon. It isn’t the pandemic that’s putting this popular means of payment ... Read more »

Jharkhand Cabinet receives bills of Rs 42 lakh for 2 cricket matches with CM, MLAs

The cricket matches were held in March, in which Jharkhand Chief Minister Hemant Soren had also participated. (File image) The Jharkhand cabinet has received a bill of Rs 42 lakh ... Read more »

Coronavirus Omicron India LIVE Updates: Number of COVID-19 positive travellers from 'at-risk' countries rises to 17 in Mumbai

Coronavirus Omicron India LIVE Updates: The number of COVID-19 positive air travellers who have returned to Mumbai from ‘at-risk’ countries climbed to 17 on Tuesday with the addition of one more ... Read more »

SII may cut Covishield's monthly production by half amid demand slump

A vial of the Oxford University-AstraZeneca COVID-19 vaccine, which is produced in India and marketed as Covishield (Image: Reuters) With not enough orders for Covishield from the central government, Serum ... Read more »

SGX Nifty up 100 points; here's what changed for market while you were sleeping

The domestic equity market was set to open on a higher note on Wednesday, ahead of the RBI monetary policy outcome. All eyes would be set on the commentary from ... Read more »

Asian shares catch global equities rally, but oil slips

FILE PHOTO: First trading day of stock market in Tokyo By Alun John HONG KONG (Reuters) – Asian shares extended gains on Wednesday, continuing a global relief rally as markets ... Read more »

Kerala lottery Result: 'Akshaya AK-527' lottery winners to be announced at 3 pm

Kerala had set up India’s first lottery department in 1967. Kerala Lottery Result: The Kerala State Lottery Department will announce winners of the ‘Akshaya AK-527’ lottery on December 8 at ... Read more »

Future case: Amazon India head seeks more time from ED

Amazon India head Amit Agarwal did not appear before the Enforcement Directorate (ED) on Tuesday, seeking exemption from appearance as he is in the United States (US) at present. He ... Read more »

Stocks in the news: Reliance, Nestle, Hindustan Zinc, NHPC and telcos

Nifty futures on the Singapore Exchange traded 102.5 points, or 0.60 per cent higher at 17,313.50, signaling that Dalal Street was headed for a positive start on Wednesday. Here are ... Read more »

Covid may be getting milder, says PHFI chief K Srinath Reddy

Heavily mutated Omicron may be spreading faster than ever but it could be good news in the face of the deadly Delta variant, said K Srinath Reddy, president of Public ... Read more »

Oil edge lower as investors try to assess Omicron's full impact

FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing By Yuka Obayashi TOKYO (Reuters) – Oil prices edged lower on Wednesday, reversing ... Read more »

Sensex, Nifty jump 1.6% in sync with Asian markets

Mumbai: Indian equities jumped 1.6% on Tuesday tracking <a href="/tag/asian-markets”>Asian markets, which gained on the back of China pledging measures to support economic growth. The uptick was also fuelled by ... Read more »

The stock market's Covid pattern: Faster recovery from each panic

Stocks have swung wildly since the omicron variant of the coronavirus emerged, once again raising concerns about the pandemic’s potential to damage the global economy. It’s the latest round of ... Read more »

Meta offers deferral program for employees unready to return to office

FILE PHOTO: A smartphone with Meta logo and a 3D printed Facebook logo is placed on a laptop keyboard in this illustration (Reuters) – Meta Platforms Inc said on Tuesday ... Read more »

HSBC India seals 1st trade finance deal linked to SOFR

HSBC has executed its maiden trade finance deal linked to secured overnight financing rate (SOFR) in India, joining a select group of local banks that have explored this new interest ... Read more »

52 shell companies helped Unitech promoters launder money

Promoters of Unitech Group allegedly incorporated, controlled and managed more than 52 shell companies through their confidants including some employees to launder money from the real estate developer, people privy ... Read more »

Aussie buoyant, dollar listless as Omicron optimism lifts risk assets

Illustration photo of Australian dollars By Kevin Buckland TOKYO (Reuters) – The Australian dollar hit its strongest level in a week on Wednesday amid a pick-up in risk appetite on ... Read more »

Raise provisions for Omicron hit: Auditors to NBFCs

Mumbai: Omicron, supposedly more infectious than earlier Covid variants, could put pressure on the financials of several non-banking finance companies (NBFC) as auditors seek higher loan provisions on asset quality ... Read more »

No decision yet on booster doses, vaccination for children

The scientific advisory group on Covid-19 will take a final decision on the need for a booster dose, additional dose for immunocompromised people and vaccination of children after the National ... Read more »

Goldman raises RIL price target to Rs 3,185

Mumbai: Goldman Sachs has raised its price target on Reliance Industries by 12% to ₹3,185 as it expects the company’s new energy business to be one of its growth drivers ... Read more »

F&O traders mount bearish bets on Midcap IT on valuation concerns

Midcap IT companies have become the top bearish bets for traders in the December derivatives series along with automobile counters. Analysts said the run-up in shares of smaller software services ... Read more »

It's raining jobs for freshers at banks

Mumbai: Banks and NBFCs are expected to add more than 70,000 freshers to their payrolls in the next three years as they expand their footprint and add feet on the ... Read more »

Pilot scheme uses proceeds of crime to fight fraud

A pilot scheme launched by Lloyds Banking Group and the police is using the proceeds of crime to fight fraud and support victims (Andrew Matthews/PA) (PA Archive) A pilot scheme ... Read more »

300,000 more people ‘have missed out on a workplace pension in the past year'

Some 2.8 million people across the UK from “under-pensioned” groups are missing out on workplace pension saving – which is 300,000 more than the 2.5 million missing out in 2020, ... Read more »

U.S. became Britain's biggest finance customer in run up to Brexit

FILE PHOTO: Border control at the Port of Dover By Huw Jones LONDON (Reuters) – The United States became Britain's biggest export market for financial services in the run up ... Read more »

Australia's central bank sees potential in wholesale digital currency

FILE PHOTO: A worker is reflected in a wall of the Reserve Bank of Australia head office in central Sydney, Australia SYDNEY (Reuters) – Australia's central bank on Wednesday said ... Read more »

US becomes top destination for UK financial services exports

Industry exports appeared to be more resilient to issues which impacted global trade. Photo: Getty Images STRICTLY EMBARGOED: 00:01 Wednesday 8 December 2021 The US has overtaken the EU as ... Read more »

A chipmaker stock and two ETFs look like under-the-radar buys heading into 2022, traders say

Analysts this week have named the top stocks on their must-watch list heading into the new year. Cowen on Monday called Mastercard and Micron two of its favorites for 2022, ... Read more »

Q&A What caused the Amazon web services outage and what does it mean?

amazon netflix disney+ outage virginia – LUCY NICHOLSON/REUTERS What has happened? Amazon deliveries have been severely disrupted in some parts of the US, while some users have had trouble accessing ... Read more »

SSB: Norway registered a decrease in industrial production in October

Norwegian industrial production declined by 0.9% from September to October 2021, seasonally adjusted figures from Statistics Norway (SSB) show. The food industry contributed most to the overall decline, with a ... Read more »

Stock futures are flat after S&P 500 and Nasdaq's best day since March

Traders work on the floor of the New York Stock Exchange (NYSE), December 3, 2021.Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Tuesday after stocks ... Read more »

Amazon hit by IT issues wreaking havoc on US home deliveries

amazon it issue delivery Netflix, Disney+, Tinder, Coinbase RobinHood outage – John Keeble /Getty Images Europe Amazon has been hit by technical problems that saw thousands of customers struggle to ... Read more »

Brazil's Unipar to receive $80 million deal settlement from Belgium's Solvay

FILE PHOTO: Sculpture depicting the logo of Belgian chemical group Solvay is seen at its headquarters in Brussels SAO PAULO (Reuters) – Brazilian petrochemical company Unipar Carbocloro will receive $80 ... Read more »

Stocks making the biggest moves after hours: Stitch Fix, PagerDuty, Dave & Buster's and more

Source: Stitch Fix Check out the companies making headlines after the bell: Stitch Fix — Shares of the online personal shopping company tanked 19% in after hours trading after reporting ... Read more »

Steep pay rises for public sector workers pose risk for inflation and NHS, says Treasury

nhs inflation pay rises public sector – Peter Byrne /PA Big public sector pay rises risk fuelling inflation and undermining the Government’s plans to hire more doctors and teachers, the ... Read more »

'The time for procrastination is over.' How one Democratic lawmaker wants to fix Social Security

Steven Heap / EyeEm | EyeEm | Getty Images It has been 39 years since Congress has taken action to change Social Security. Some House Democrats are hoping to change ... Read more »

Instagram removes beer photos from breweries' pages – and refuses to explain why

(Getty Images) Instagram has been censoring breweries on its app from promoting their own drinks despite no clear violation of its Community Standards. Images of beer cans and other beverages ... Read more »

Kamala Harris is on to something: Airpods are bad, people

Photograph: Westend61/Getty Images AirPods are bad, people. I’ve said it for years. In 2016, when Apple first debuted the overpriced accessories, I wrote that wireless headphones were like tampons without ... Read more »
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