Representative image Here are the top stories this evening: Govt considers tax cut on soybean and sunflower oil to cool prices India is considering cutting an import levy on soybean and sunflower oils, another step in a series of measures the country has taken to cool surging local prices of food. Read here to know […]
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Representative image The rupee slipped by 4 paise to close at 77.59 (provisional) against the US dollar on Tuesday, weighed down by a negative trend in domestic equities and unabated foreign fund outflows. At the interbank foreign exchange market, the rupee opened lower at 77.56 against the greenback, and finally settled at 77.59, down 4 […]
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The workspace at WTC Pune spans over 55,000 square feet while Embassy Sunriver in Bengaluru is spread over 61,000 square feet, WeWork India said in a statement. PTI May 24, 2022 / 06:07 PM IST Source: Reuters Co-working major WeWork India on Tuesday said it has opened two new centres in Pune and Bengaluru, comprising […]
Continue ReadingIf you’re confused where interest rates are going to end up in 2023, you’re not alone. A new survey from the National Association for Business Economics shows a wide split among their members on whether rates will go higher or lower. Earlier this month, the Fed raised its benchmark rate by a half a percentage […]
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The Nifty ended below 16,150 in yet another volatile session on May 24, as the index squandered the gains to end in the red amid selling across sectors. The index ended 89.50 points, or 0.55 percent, lower at 16,125.20. It formed a small-bodied bearish candle with a long lower shadow, indicating that the tug of […]
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Among sectors, IT, pharma, metal, FMCG, power and realty were down a percent each. The BSE midcap index fell 0.8 percent and the smallcap index shed 1 percent Indian benchmark indices ended lower in a volatile session on May 24. At close, the Sensex was down 236.00 points, or 0.43%, at 54,052.61, and the Nifty […]
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Continue ReadingIf you’re a retiree considering summer travel either domestically or overseas, and you’re wavering, it’s not surprising — there is a lot to consider. “When thinking about travel, take stock of risks,” says Dr. Stuart Campbell Ray, professor of medicine with expertise in COVID-19, at Johns Hopkins Medicine. Nobody wants to get sick on vacation. […]
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It is informed that a meeting of the Board of Directors of the Corporation is scheduled to be held on May 30, 2022, LIC said in a regulatory filing on Tuesday. PTI May 24, 2022 / 02:18 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ […]
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Representative image (Source: Reuters) U.S. stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street’s longest streak of weekly declines since the dotcom bust more than 20 years ago. All three major U.S. stock indexes advanced between 1.6% and 2.0%, with the […]
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ICICI Direct, The US dollar slipped from its multiyear high amid profit taking. Further, investors turned hopeful that loosening lockdowns in China can help global growth. May 24, 2022 / 09:25 AM IST Representative image ICICI Direct’s currency report on USDINR The US dollar slipped from its multiyear high amid profit taking. Further, investors turned […]
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Justin Bieber’s Justice World Tour has more than 125 shows scheduled in over 30 countries from May 2022 through March 2023. It has sold over 1.3 million tickets so far (File image of the Justice World Tour poster) Small on-ground events and big live entertainment properties alike are making a comeback after the COVID-19 pandemic […]
Continue ReadingDear Quentin, Just before the pandemic I got into a bit of financial trouble, and my brother lent me $ 10,000. During the pandemic, we fell out and we have not been speaking for several months. We are now communicating through our sister. He now says he wants all the money back even though we […]
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The markets still haven’t fully discounted rising US interest rates, inflation risks, outcomes of geopolitical tensions and commodity and crude oil prices, Radhika Ravishekar, chief investment officer at General Insurance Corporation of India, said in an interview to Moneycontrol. She ruled out the possibility of indices setting record highs soon, saying volatility is expected to […]
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At the interbank foreign exchange, the rupee opened weak at 77.56 against the American dollar, then turned volatile to trade in a tight range of 77.56 to 77.51. The domestic unit was trading at 77.56 against the greenback, registering a fall of just 1 paisa over the last close. Representative image The rupee started the […]
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Zomato reported an EBITDA loss of Rs 449.7 crore in Q4 FY22, as compared to a loss of Rs 153.5 crore in the corresponding period last year. Zomato ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var […]
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Bitcoin trading above Rs 24 lakh Cryptocurrencies traded in the red early today on May 24. The global cryptocurrency market cap is $ 1.26 trillion, a 2.05 percent decrease over the last day. The total crypto market volume over the last 24 hours is $ 83.88 billion, which makes a 36.09 percent increase. The total […]
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Zomato reported an EBITDA loss of Rs 449.7 crore in Q4 FY22, as compared to a loss of Rs 153.5 crore in the corresponding period last year. Zomato ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var […]
Continue ReadingIn another sign of the changing times, TaskRabbit on Monday announced it was closing its offices, including its San Francisco headquarters, and switching to a “remote-first” work policy. “For us, remote-first is the concept of putting virtual work and remote participation as priority and the primary way our employees work, with all other means of […]
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