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China blocks India, US bid to designate Makki as terrorist: Report

Makki, a US-designated terrorist, is the brother-in-law of Lashkar-e-Taiba (LeT) chief and 26/11 mastermind Hafiz Saeed

China blocks India, US bid to designate Makki as terrorist: Report
Updated On : 18 Jun 2022 | 1:57 AM IST

Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming

DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr

Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming
Updated On : 18 Jun 2022 | 1:55 AM IST

Fund houses ready NFOs as ban nears end, say will comply with new norms

In a circular in October 2021, Sebi had stated that pooling of funds or units by stockbrokers and clearing members in any form or manner shall be discontinued for all mutual fund transactions

Fund houses ready NFOs as ban nears end, say will comply with new norms
Updated On : 18 Jun 2022 | 1:53 AM IST

Monkeypox bite: Bavarian Nordic is becoming a 'hot stock' again

Shares in the Danish biotech, which makes the only monkeypox vaccine approved by the US Food and Drug Administration, have gained 69% since hitting a low in early May

Monkeypox bite: Bavarian Nordic is becoming a 'hot stock' again
Updated On : 18 Jun 2022 | 1:49 AM IST

Long-short funds hold fort, deliver 0.17% returns amid market rout

Long-only funds are down 5.85 per cent on a median basis over the last month, according to data from tracker PMS Bazaar

Long-short funds hold fort, deliver 0.17% returns amid market rout
Updated On : 18 Jun 2022 | 1:45 AM IST

India exits $3-trillion m-cap club; falls to sixth in global league

Correction in the stock market, FPI sell-off reduce valuation by $676 billion

India exits $3-trillion m-cap club; falls to sixth in global league
Updated On : 18 Jun 2022 | 1:39 AM IST

Going against the world tide, Bank of Japan maintains ultra-low rates

The central bank kept its policy settings for yield curve control and asset purchases, according to a statement on Friday, in line with the forecasts of almost all surveyed economists

Going against the world tide, Bank of Japan maintains ultra-low rates
Updated On : 18 Jun 2022 | 1:37 AM IST

House panel seeks spl digital division in CCI to bridge enforcement gaps

Parliamentary Standing Committee on Commerce says antitrust body needs to be strengthened to bridge gaps

House panel seeks spl digital division in CCI to bridge enforcement gaps
Updated On : 18 Jun 2022 | 1:33 AM IST

Biden says recession isn't inevitable, US in position to overcome inflation

The president's statement appeared to be about inflation rising worldwide, not necessarily whether countries had higher rates than the US

Biden says recession isn't inevitable, US in position to overcome inflation
Updated On : 18 Jun 2022 | 1:29 AM IST

Payments Vision 2025: RBI aims to regulate BigTech, FinTechs, BNPL services

Titled "Payments Vision 2025", this document aims to provide every user safe and affordable e-payment options

Payments Vision 2025: RBI aims to regulate BigTech, FinTechs, BNPL services
Updated On : 18 Jun 2022 | 1:28 AM IST

Distress signals: US junk bond spreads top 500 bps, a first since 2020

Junk spreads have surged 100 basis points the past two weeks as the Federal Reserve's efforts to tame inflation fuel concerns that the central bank will push the economy into a recession

Distress signals: US junk bond spreads top 500 bps, a first since 2020
Updated On : 18 Jun 2022 | 1:09 AM IST

Moody's upgrades ICICI Bank, Axis Bank's baseline credit assessments

Affirms Baa3 deposit ratings of both Indian private sector lenders; outlook on ratings for both banks, where applicable, remains stable

Moody's upgrades ICICI Bank, Axis Bank's baseline credit assessments
Updated On : 18 Jun 2022 | 1:04 AM IST

Crisis-hit Ukraine one step closer to getting EU membership: Report

Ukrainian President Volodymyr Zelenskiy formally applied to join the EU at the end of February

Crisis-hit Ukraine one step closer to getting EU membership: Report
Updated On : 18 Jun 2022 | 12:59 AM IST

India likely to impose ceiling on next season's sugar exports: Report

It has capped current season's sugar exports 10 mn tonnes, wants ample local supplies.

India likely to impose ceiling on next season's sugar exports: Report
Updated On : 18 Jun 2022 | 12:53 AM IST

Further fall in rupee to hurt students taking loans to study abroad

The rupee has been depreciating sharply ever since tensions broke out between Russia and Ukraine in February

Further fall in rupee to hurt students taking loans to study abroad
Updated On : 18 Jun 2022 | 12:41 AM IST

Defer, reschedule or switch loan if EMIs have increased: Experts

Here are four ways to deal with a rising EMI burden, all of which will, however, require hard negotiations with the lender

Defer, reschedule or switch loan if EMIs have increased: Experts
Updated On : 18 Jun 2022 | 12:36 AM IST

Overseas remittances almost double year on year to $2 billion in April

Travel, relative care top the chart, with the former coming back to pre-Covid levels

Overseas remittances almost double year on year to $2 billion in April
Updated On : 18 Jun 2022 | 12:31 AM IST

Housing, roads among biggest capex gainers in FY22, PMAY urban lags

A recent analysis by Business Standard shows that only 48.7 per cent of houses had been completed until May 17

Housing, roads among biggest capex gainers in FY22, PMAY urban lags
Updated On : 18 Jun 2022 | 12:26 AM IST

Oil prices drop 2% on recession concerns, heading for weekly fall

The US government said while it is pursuing diplomacy to revive a nuclear deal with Iran, it will continue to use sanctions to limit exports of oil from Iran

Oil prices drop 2% on recession concerns, heading for weekly fall
Updated On : 18 Jun 2022 | 12:22 AM IST

India's foreign exchange reserves decline $4.6 billion to $596 billion

RBI has been selling dollars to curb any rapid depreciation of the rupee

India's foreign exchange reserves decline $4.6 billion to $596 billion
Updated On : 18 Jun 2022 | 12:18 AM IST