Oil Prices Slip As US Fed Rate Hike Looms.
Oil prices dropped on worries over fuel demand ahead of a US Federal Reserve rate hike. Global MarketsReutersUpdated: June 15, 2022 8:21 am IST Oil prices slip ahead of expected US Fed interest rate …
Finance News
With $17 Billion Loss, LIC IPO Is A Colossal Wealth Killer.
A $17 billion wipeout in market value has made LIC one of the biggest wealth destroyers among Asia’s initial public offerings this year Market(c) 2022 BloombergReported by John Cheng and Ashutosh JoshiUpdated: June 14, 2022 …
Stocks’ Plunge Wipes ₹ 2.3 Lakh Crore Off Top-10 Most Valued Firms.
The deep plunge in India equity benchmarks eroded the market capitalisation of the top-10 most valued companies by nearly ₹ 2.3 lakh crore last week. Market NewsEdited by Rahul Karunakar (with inputs from PTI)Updated: June 12, 2022 3:42 …
Celebrities Beware Of New Endorsement Norms; ₹ 10 Lakh Penalty.
The government has tightened norms for endorsers, including celebrities and sports persons. Market NewsPress Trust of IndiaUpdated: June 11, 2022 4:01 pm IST Government tightens norms for celebrity endorsers; penalty of ₹ 10 lakh …
Wipro CEO Thierry Delaporte Is Highest Paid IT Sector Executive
IT major Wipro’s CEO Thierry Delaporte’s total compensation stood at $10.5 million (Rs 79.66 crore) for 2021-22 CorporatesEdited by Animesh SinghUpdated: June 10, 2022 7:01 pm IST Wipro CEO Thierry Delaporte is the highest paid …
Russia-Ukraine War Led To Globalisation Of Inflation: RBI Governor
RBI Governor Shaktikanta Das on Wednesday said the Russia-Ukraine war has led to globalisation of inflation and is posing new challenges, as the central bank upped the inflation projection to 6.7 per cent for …
World Bank Cuts India’s 2022-23 Growth Outlook To 7.5%.
The World Bank on Tuesday cut India’s economic growth forecast for the current fiscal to 7.5 per cent EconomyPress Trust of IndiaUpdated: June 07, 2022 7:24 pm IST World Bank has cut India’s growth …
Tagore, Kalam Instead Of Gandhi On Bank Notes? What RBI Said.
Reserve Bank of India (RBI) on Monday stated that there would be “no change in existing currency and banknotes.” Banking & Financial ServicesEdited by Prashun TalukdarUpdated: June 06, 2022 3:03 pm IST “It may be …
Adani Group Races Ahead To Diversify And Foray Into Wider Businesses: 5 Points.
Adani group is racing ahead to diversify its businesses, foraying into healthcare services after entering cement production through acquisitions. Market NewsEdited by Rahul KarunakarUpdated: June 05, 2022 3:48 pm IST Adani Group race ahead to …
What “LIC 2.0,” Share Performance Bad To Worse: 5 Points.
LIC’s much-touted public offer, listing and the company’s shares performance since its tepid debut has turned from bad to worse. Market NewsEdited by Rahul KarunakarUpdated: June 04, 2022 2:26 pm IST LIC shares hit all-time …