Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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War Premia: Geo-political tensions boil crude Oil prices
New Delhi : Heightened tensions between Russia and Ukraine pushed global crude oil prices to around $95 per barrel on Tuesday.…
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Investors unnerved by lack of transparency in LPG pricing, under recoveries of OMCs
New Delhi : Lack of transparency in LPG pricing, related under recoveries and inventory gains/losses have unnerved the investors and weighed…
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Goldman Sachs says Paytm’s current share price is a compelling entry point, ICICI Securities issue Buy rating
New Delhi : Paytm continues to get the confidence of top brokerages, who are bullish about the companys “immense growth potential”.…
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AVGC sector saw tremendous growth in past 7 years: I&B Secy
New Delhi : The Animation, Visual Effects, Gaming and Comic (AVGC) sector has seen tremendous growth in the past seven…
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LIC well-capitalised, says Chairman ahead of listing
New Delhi : Initial Public Offering-bound Life Insurance Corporation of India’s Chairman M.R. Kumar on Monday said the insurer is “well-capitalised”…
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Equities reverse early trend, rise in afternoon trade (Ld)
New Delhi : After declining in early trade, key indices — S&P BSE Sensex and NSE Nifty50 — rose in the…
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Flipkart sells Cleartrip’s Middle East biz to travel marketplace Wego
Bengaluru : Online travel marketplace Wego on Monday said it is acquiring Cleartrip’s Middle East business from Flipkart Group for an…
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Jindal Global Business School surpasses IIMs in research with 162 Scopus-indexed publications
New Delhi : Amid the Covid pandemic in 2021, the Jindal Global Business School (JGBS) of O.P. Jindal Global University (JGU)…
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Reliance Jio cable system to connect Maldives directly to India, S’pore
Mumbai : Reliance Jio on Monday said it will land the next-generation India-Asia-Xpress (IAX) undersea cable system in Maldives, to connect…
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Grand affair: Anil Ambani’s son Anmol says ‘I do’ to Khrisha Shah
Mumbai: The big-fat-Indian wedding went a tad level up the luxury chart on Sunday, as one of the richest men…
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Home sales up 13% in 2021; Ahmedabad, Hyd chart leaders, says brokerage
New Delhi : Home sales in India’s eight prime housing markets increased 13 per cent year-on-year in 2021 as compared to…
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Centrum Broking sees large banks’ outlook attractive on strong Q3FY22 growth
New Delhi : Taking into account the strong Q3FY22 quarter for banks and housing finance companies, the brokerage house Centrum Broking…
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High oil prices, trade deficit to subdue rupee (IANS Currency Forecast)
New Delhi : High Crude oil prices along with a wider monthly trade deficit is expected to subdue the Indian rupee…
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Semicon India Programme receives proposals worth $20.5bn
New Delhi : The Centre has received 5 proposals for ‘Semiconductor’ and ‘Display Fabs’ manufacturing worth $20.5 billion. Accordingly, the proposals…
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Indian industry welcomes India-UAE trade pact
New Delhi : India’s industry bodies have welcomed India-United Arab Emirates (UAE) trade pact, citing it as an enabler to increase…
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India’s industrial activity expected to gather pace: Crisil Research
New Delhi : India’s industrial activity is expected to gather pace in the coming months owing to a gradual pick-up in…
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Re-opening of offices, institutions to boost two-wheeler sales
New Delhi : Re-opening of offices as well as educational institutions is expected to give a boost to two-wheeler sales volume…
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TN power utility turns to non-forest Coal block in Odisha to bypass eco hurdle
Chennai : The Tamil Nadu Generation and Distribution Company (TANGEDCO) will soon float a tender to develop the Chandrabila coal block…
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Setback for SAT, SC expunged its remarks against retired IRDAI member
Chennai : In a setback for the Securities Appellate Tribunal (SAT), the Supreme Court has expunged the former’s uncalled remarks against…
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Rescue Ops: Tata-led Air India to run special flights to Ukraine
New Delhi : As tensions between Russia and Ukraine remain high, the Tata Group-led Air India will run three direct flights…