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Ravi Tiku’s Perspective: Decoding Today’s Headlines

Ravi Tiku’s Perspective: Decoding Today’s Headlines

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Finance News

LIC’s Market Valuation Falls Over ₹ 80,000 Crore From Issue.

May 28, 2022

The valuation of state-owned insurance giant Life Insurance Corporation (LIC) has fallen over ₹ 80,000 crore from its issue Market NewsEdited by Rahul KarunakarUpdated: May 27, 2022 3:43 pm IST LIC’s market capitalisation is down about ₹ 42,400 crore …

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Categories Finance News

Infosys CEO Salil Parekh’s Salary Jumps 88% To ₹ 79.75 Crore: 10 Points.

May 27, 2022

Infosys CEO, Salil Parekh, was to be paid ₹ 79.75 crore salary after his reappointment, an 88 percent jump from his previous 5-year term pay. CorporatesPosted by Rahul KarunakarUpdated: May 26, 2022 12:41 pm IST Salil Parekh …

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High Inflation May Defer GST Rate Change: Report.

May 26, 2022

  The goods and services tax (GST) rate rationalisation is likely to be delayed due to elevated inflation EconomyPress Trust of IndiaUpdated: May 25, 2022 7:26 pm IST GST rate rationalisation may be delayed …

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Categories Finance News

India Caps Sugar Exports At 10 Million Tonnes For First Time In 6 Years.

May 25, 2022

India has imposed restrictions on sugar exports for the first time in six years by capping this season’s exports at 10 million tonnes, a government order said, to prevent a surge in domestic prices …

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Categories Finance News

World Economy Has “Buffer” Against Recession: IMF’s GIta Gopinath.

May 24, 2022

While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary Fund’s No. 2 official said Monday. International BusinessReutersUpdated: May 24, 2022 9:45 am IST …

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Categories Finance News

Fuel Prices Fall Across Metros After Excise Duty Cut.

May 23, 2022

Petrol, Diesel Prices Today: Fuel prices came down after Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol and diesel CommoditiesEdited by Animesh SinghUpdated: May 22, 2022 11:04 am IST Petrol, Diesel …

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Categories Finance News

State Bank Of India Hikes Lending Rates By 0.1%, EMIs To Rise.

May 22, 2022

SBI has raised its lending rate by 10 basis points or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers. Market NewsPress Trust of IndiaUpdated: …

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Categories Finance News

Jet Airways Permitted Fly Again; To Resume Commercial Flights.

May 21, 2022

  India’s Jet Airways said on Friday the country’s aviation regulator has cleared it to resume operation of commercial flights. Market NewsPosted by Rahul KarunakarUpdated: May 20, 2022 7:30 pm IST Jet Airways allowed to …

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Categories Finance News

LIC Investors Lose ₹ 68,100 Crore From Issue Price; Shares Dip 4%.

May 20, 2022

After a flop debut on stocks exchanges, LIC shares fell nearly 4 per cent on Thursday, adding to investor’s losses from a lower listing on Tuesday. Market NewsEdited by Rahul KarunakarUpdated: May 19, 2022 3:53 …

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Categories Finance News

Paytm Mall’s Valuation Falls 99% After Chinese Billionaire Jack Ma’s Exit.

May 19, 2022

In 2017, Paytm had raised $200 million in its first funding from Alibaba. Market NewsEdited by NDTV Business DeskUpdated: May 18, 2022 6:45 pm IST China’s Alibaba and Ant Financial offload entire stake in Paytm …

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