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LIC slips 5.8% as anchor investor lock-in ends; down 29% from issue price

LIC's stock traded at its lowest level since market debut on May 17, 2022

LIC slips 5.8% as anchor investor lock-in ends; down 29% from issue price
Updated On : 14 Jun 2022 | 12:05 AM IST

The world has a car obesity problem, and the answer is to electrify fleets

In America, a typical vehicle sits in the garage 96% of the time, Sakkers wrote in his book Mobility Disruption Framework, citing research by McKinsey

The world has a car obesity problem, and the answer is to electrify fleets
Updated On : 13 Jun 2022 | 4:57 PM IST

HSBC sees slower rate hikes by RBI towards year-end on growth worries

HSBC is expecting the RBI to take repo rate to 6% by the middle of the next year, from 4.9% now

HSBC sees slower rate hikes by RBI towards year-end on growth worries
Updated On : 13 Jun 2022 | 4:28 PM IST

Iran starts transfer of Russian goods to India by using new trade corridor

Since Russia was sanctioned over its war on Ukraine, Iranian officials have been keen to revive a stalled project to develop North-South Transit Corridor that uses Iran to link Russia to Asian markets

Iran starts transfer of Russian goods to India by using new trade corridor
Updated On : 13 Jun 2022 | 1:49 AM IST

TotalEnergies wins stake in $29-bn Qatar gas project amid energy crunch

Qatar is expanding production of liquefied natural gas amid a worldwide energy crunch

TotalEnergies wins stake in $29-bn Qatar gas project amid energy crunch
Updated On : 13 Jun 2022 | 1:28 AM IST

Crypto extends tumble into weekend after US inflation data; Ether falls 5%

Total long crypto liquidations were above $100 mn for a third straight day on Sunday, after $258 mn on Friday and $290 mn on Saturday, according to data from Coinglass

Crypto extends tumble into weekend after US inflation data; Ether falls 5%
Updated On : 13 Jun 2022 | 1:10 AM IST

World's first production-ready solar car to take the road later this year

The $263,000-priced Lightyear 0 model uses power derived from the sun to add as much as 70 kilometres (43 miles) of driving range per day

World's first production-ready solar car to take the road later this year
Updated On : 13 Jun 2022 | 1:09 AM IST

Loan demand is bouncing back after 2 yrs of credit contraction: SBI chief

Companies are steadily drawing down from a $71 billion loan pipeline, said Dinesh Kumar Khara

Loan demand is bouncing back after 2 yrs of credit contraction: SBI chief
Updated On : 12 Jun 2022 | 10:04 AM IST

200 brands of electric scooters but industry shadowed by bad reputation

Despite all the attention they command, e-scooters are used for only about one one-thousandth of all trips made in the world's cities.

200 brands of electric scooters but industry shadowed by bad reputation
Updated On : 11 Jun 2022 | 5:03 PM IST

Meet the CEO who is putting in overtime to shorten your workweek

Joe O'Connor heads a nonprofit helping companies around the world to adopt more flexible work schedules.

Meet the CEO who is putting in overtime to shorten your workweek
Updated On : 11 Jun 2022 | 4:27 PM IST

Ukrainian Prez Zelenskyy brushed off warnings of Russia's invasion: Biden

Joe Biden accused Putin of "trying to obliterate the culture, not just the nation, but the culture" of Ukraine

Ukrainian Prez Zelenskyy brushed off warnings of Russia's invasion: Biden
Updated On : 11 Jun 2022 | 12:41 PM IST

US defence secretary urges united front in Asia to stop repeat of Ukraine

US Secretary of Defense Lloyd Austin vowed to help Asian nations push back against Chinese "bullying," describing the efforts as necessary to prevent a repeat of the Ukraine crisis in the Pacific

US defence secretary urges united front in Asia to stop repeat of Ukraine
Updated On : 11 Jun 2022 | 11:31 AM IST

Exxon made more money than god, says Biden, criticises high gasoline prices

President Joe Biden accused Exxon Mobil Corp. and other oil companies of exploiting high gasoline prices after a report showed inflation soaring to a new 40-year record

Exxon made more money than god, says Biden, criticises high gasoline prices
Updated On : 11 Jun 2022 | 9:19 AM IST

Saudi Arabia cuts oil flows to China while meeting other requests

State-run marketer Saudi Aramco typically doesn't provide buyers with a reason why volumes are cut

Saudi Arabia cuts oil flows to China while meeting other requests
Updated On : 11 Jun 2022 | 2:11 AM IST

Credit's rout is so severe that double-digit losses are the norm

Investors have now lost 10.1 per cent this year on euro high-grade corporate bonds, Bloomberg debt indexes show

Credit's rout is so severe that double-digit losses are the norm
Updated On : 11 Jun 2022 | 1:31 AM IST

Google hit with UK probe into suspected competition breaches: Report

The Competition and Markets Authority will probe suspected breaches of competition law in Google's rules over in-app payments in its mobile store in the UK

Google hit with UK probe into suspected competition breaches: Report
Updated On : 11 Jun 2022 | 1:16 AM IST

Biden admin lifts Covid-19 test requirement for international travel

Top airline executives have said in recent weeks that flyers were concerned about the risk of booking international travel only to become stranded in foreign countries

Biden admin lifts Covid-19 test requirement for international travel
Updated On : 11 Jun 2022 | 1:02 AM IST

Climate adaption sounds easy; it's not for most people in the world

The now-notorious speech by HSBC's Stuart Kirk last month argued 'we can solve this through adaption,' claiming that climate change fears were overblown

Climate adaption sounds easy; it's not for most people in the world
Updated On : 10 Jun 2022 | 8:38 PM IST

Juniors and seniors: What various generations think about working from home

A recent study by McKinsey & Co. found that workers aged 18 to 34 were 59% more likely to leave than 55- to 64-year-olds if their employer didn't offer a hybrid work arrangement

Juniors and seniors: What various generations think about working from home
Updated On : 10 Jun 2022 | 4:05 PM IST

IPL broadcasting rights: Amazon plans to pull out of Rs 60,000 cr race

Amazon's surprise pullout leaves the field open to Ambani's Reliance, Disney and Sony Group Corp

IPL broadcasting rights: Amazon plans to pull out of Rs 60,000 cr race
Updated On : 10 Jun 2022 | 1:18 PM IST