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RBI Monetary Policy decision today: Time, how to watch Shaktikanta Das#39; address

RBI Governor Shaktikanta Das is expected to make the statement on the MPC#39;s decision at 10 am.

RBI Monetary Policy: What to expect from MPC today

The RBI’s MPC meet comes amid easing inflationary pressures and a liquidity flush in the system.

Indian Railways records higher freight loading in September

In this period, the Indian Railways earned Rs 10,815.73 crore from freight loading which is also 9.19 percent higher compared to last year#39;s earnings for the same period which was Rs 9,905.69 crore.

DSP T.I.G.E.R Fund returns with an Old Fund Offering

Notably, an old fund offering is undertaken with the objective of making the existing investors aware of the resilience, strength, and a proven track record of return generation over many market cycles for the fund.

Crude oil eases as US mulls strategic reserve sales

US Energy Secretary Jennifer Granholm said on Wednesday that the administration is considering tapping the country#39;s Strategic Petroleum Reserve (SPR) to cool a surge in gasoline prices, the Financial Times reported.

Govt releases guidelines for cybersecurity in power sector

The ministry said this is the first time that comprehensive guidelines have been formulated on cybersecurity in the power sector.

In pics | Here’s a ranking of the world’s top 10 restaurants for 2021

The annual ranking, which is organized by the UK-based William Reed Media, wasn’t published last year due to the pandemic. To counter the restrictions on international travel and limited dining opportunities of the last year, the 2021 list was created fr

Mutual funds remain most attractive tool of investment during pandemic: Survey

The other most important tools of investments opted by the respondents include equities, the survey said on Thursday.

US jobless claims fall to 326,000, first drop in four weeks

After hitting a pandemic low of 312,000 in early September, claims had risen three straight weeks, suggesting that the highly contagious delta variant was at least temporarily disrupting a recovery in jobs.

Gold prices touch Rs 46,918 per 10 gm as dollar slips; silver rises by Rs 801

Gold is expected to trade sideways to up with COMEX spot gold resistance at $1775 and support at $1750 per ounce.

TVS Motor expands Jupiter range, drives in 125-cc version at Rs 73,400

The company already sells a 110cc version of the scooter and Jupiter 125 expands the product portfolio.

Silver prices soar above Rs 61,000 per kg on industrial demand, dollar downtick

The spot gold-silver ratio stands at 77.55 to 1, indicating that silver has outperformed gold.

Moneycontrol Pro Panorama | Energy crunch engulfs the globe

In today’s edition of Moneycontrol Pro Panorama: Gas price on fire, domino effect of gas flare-up, the $10-trillion man, NTPC braves crisis, the crypto policy landscape, key takeaway from the Zee saga and more

Natural gas futures skid 14.48% on profit-booking

Market participants now look forward to EIA weekly inventory report scheduled for release later today.

Interview | ‘Air India privatisation a welcome move, Tatas will be a formidable force’, feels InterGlobe Aviation’s Ronojoy Dutta

Rononjoy Dutta added that India’s aviation market is big enough to accommodate two or three airlines.

YES Bank-DHFL case: Supreme Court grants bail to Rana Kapoor#39;s wife, daughters

Bombay HC had on September 28 rejected the bail applications filed by Kapoor’s wife and daughters.

India expected to have at least 500 billionaires in 5 years, says Hurun India founder Anas Junaid

EVs, financial services, FMCG and direct-to-consumer markets are most likely to lead the march of the rich, says Junaid

Bombay HC dismisses Srei Group#39;s plea against RBI action

Srei Group promoters, Adisri commercial private ltd, had sought a stay on initiating insolvency proceedings against Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL).

N Chandrasekaran, MK Stalin meet sends Tata Motors stock to 52-week high

Tata Motors has become an outlier in the passenger vehicle (PV) industry, posting growth in sales every month even as its competitors are forced to shut production to parts shortages

Twitter sells app ad platform MoPub for $1 billion

Money from the sale of MoPub to Silicon Valley-based AppLovin Corporation is to be put into building revenue-generating features at Twitter and promoting growth at the one-to-many broadcasting platform.

Retail auto demand bucks wholesale numbers trend, car SUV volumes jump 16%

Demand for cars, SUVs and vans was strong during September but manufacturing took a hit due to chip shortage, which is unlikely to go away in a hurry

Retail auto demand bucks wholesale trend, car SUV volumes jump 16%

Demand for cars, SUVs and vans was strong during September but manufacturing took a hit due to chip shortage, which is unlikely to go away in a hurry

Kids may be red line in Facebook regulation fight: Experts

A day after damning testimony to US lawmakers from Facebook whistleblower Frances Haugen, the long-established barriers to regulation -- stalled legislation, free speech protections and tech#39;s rapid advances -- were still in place.

General Motors aims to double revenues, debut mostly hands-free auto in 2023

Building on a series of earlier electric vehicle investment announcements, the big US automaker said it was on track to rapidly scale up its EV business, which will include a vehicle priced at $30,000, cheaper than offerings from Tesla and other rivals.

Mukesh Ambani retains top slot on Forbes Rich List with $92-billion wealth

Adani Ports SEZ#39;s Gautam Adani has also retained his second position on the list with a net worth of $74.8 billion

World’s most powerful passports: Where does India stand?

Here’s the top 10 passports for Q4FY21 as ranked by the Henley Partners’ research team based on data from the International Air Transport Association.

Will crypto-currencies be Kryptonite for central banks?

An IMF report says the risks from the rapid adoption of crypto assets are fast rising and, rather than ban them, ways and means must be found to regulate them 

Tapering process unlikely to impact Indian economy much as fundamentals are strong: CEA K Subramanian

Fundamentals of the economy are much better now compared to what it was during the global financial crisis, Subramanian said at the 13th flagship Annual International G20 Conference organised by ICRIER.

Ice cream parlours to attract 18% and cloud kitchens 5% GST: CBIC

The circular now provides that since ice cream parlours sell already manufactured ice cream, they do not have character of a restaurant and accordingly, would attract GST rate of 18 percent (with ITC).

Insurers can maintain current accounts in appropriate number of banks: Irdai

Insurers maintain separate current accounts with banks at different operational levels (Branch offices, Controlling offices, Corporate office) for different purposes, including, premium collection, management expenses, policy payments, investment operations.

Rossari Biotech hikes prices, sees 50% jump in revenue, profit this fiscal

The board has set us a target to more than double our revenue and profit from the FY#39;20 levels by FY#39;23, both through organic as well as inorganic routes.

Be #39;bold#39; or wait-and-see: EU split on energy price surge

Spain, France and Greece are asking for the EU as a whole to respond and have mooted a wide range of proposals to overhaul the continent#39;s highly fragmented energy market.

Stocks open lower as volatility hits Wall Street; oil drops

International markets also sold off, with exchanges in Japan, South Korea, Germany and France all dropping more than 1%.

Apple to face EU antitrust charge over NFC chip: Report

The iPhone maker has been in European Union antitrust chief Margrethe Vestager#39;s crosshairs since June last year when she launched an investigation into Apple Pay.

Gold prices rise to Rs 46,845/10 gm on rupee depreciation; silver slips by Rs 321

The broader range on COMEX could be $1735-1775, and on the domestic front, prices could hover in the range of Rs 46,520- 46,960.

GCPL enters premium baby care segment; launches online brand #39;goodnessme#39;

The company is targeting the rapidly growing online baby care market, which is estimated to be around Rs 500 crore, said GCPL CEO (India and SAARC) Sunil Kataria.

Reliance Jio, Bharti Airtel may see 5-7% sequential revenue rise, steady margin in Q2: Jefferies

Jefferies expects the outlook on tariff hikes for Bharti, further details on JioPhone Next for Jio, and tenancy outlook for Indus Towers to be the key things to watch for in the September quarter.

Crude oil prices retreat after touching fresh 52 week high of Rs 5,956/barrel

The momentum indicator Relative Strength Index is at 77.54, which indicates an overbought level in the prices.

Silver prices dip below Rs 60,500/kg as dollar strengthens

The US dollar index was up by 0.69 percent at 94.42 against the major currencies in the afternoon session.

Impact of protectionist measures on global economy has never been positive: Report

The report by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Asian Development Bank (ADB) also made a case for promoting digital and paperless trade procedures by the Asian nations in view of the supply chain disrup
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