Second wave has impacted 58 per cent of firms by state curbs according to FICCI-Dhruva Advisors Survey

Second wave has impacted 58 per cent of firms by state curbs according to FICCI-Dhruva Advisors Survey

State-level lockdowns to limit the spread of infection in the second wave of Covid-19 in India have had a major impact on the operations of most firms, as per a survey by industry body FICCI and Dhruva Advisors. 58 per cent of firms reported...

Indian Rupee slumped 24 paise, to close at 74.10 against the US dollar

Indian Rupee slumped 24 paise, to close at 74.10 against the US dollar

The Indian rupee slumped 24 paise to breach the 74 per US dollar level on Monday as participants turned risk-averse. At the interbank forex market, the domestic unit opened weak at 74.20 against the American dollar, pared some initial losses and...

MSCI India index premium races past 55 percent over emerging market peers, 12 percent over world, states Report

MSCI India index premium races past 55 percent over emerging market peers, 12 percent over world, states Report

Continuing foreign inflows –USD 8.1 billion YTD — has driven up the valuation premium of MSCI India index past 55 percent and 12 percent against MSCI Emerging Markets and MSCI World indices, respectively, by mid-June, according to a...

Brent crude reaches $73.81 per barrel as the Global Oil Prices Rise

Brent crude reaches $73.81 per barrel as the Global Oil Prices Rise

Oil prices nudged up on Monday, as there is a strong demand during the summer driving season and a pause in talks to revive the Iran nuclear deal that could show a delay in resumption of supplies from the OPEC producer. Brent crude...

APL to acquire Essar Power’s 1200 Megawatt Mahan Project

APL to acquire Essar Power’s 1200 Megawatt Mahan Project

Adani Power Limited (APL) which is the country's largest power producer in the private segment, is to buy the 1,200-megawatt (MW) Essar Power's Mahan Project located at Singrauli district of Madhya Pradesh. Resolution Professional of the...

Reliance Industries to update investors on oil-to-chemical business, the Jio-Google phone at AGM

Reliance Industries to update investors on oil-to-chemical business, the Jio-Google phone at AGM

Analysts are expecting Reliance Industries Ltd (RIL) might update investors about the proposed stake sale in its oil-to-chemical (O2C) business to Saudi Aramco and the Jio-Google phone at the annual meeting on June 24. Investors are expecting...

Government to Separate EPF and Pension Accounts

Government to Separate EPF and Pension Accounts

To preserve monthly pension benefits, the government may separate the provident fund and pension accounts of millions of formal sector workers covered by the Employees' Provident Fund Organization (EPFO). The move is being seen as a pension...

New high of $608.08 billion for forex reserves

New high of $608.08 billion for forex reserves

The country’s foreign exchange reserves surged by $3.074 billion to reach a record high of $608.081 billion in the week ended June 11, shows the latest data from the Reserve Bank of India (RBI) showed on Friday. The reserves had increased by...

No intention to delay fixing of minimum wages, states Labour Ministry

No intention to delay fixing of minimum wages, states Labour Ministry

The government has no intention to delay the fixing minimum wages and national floor wages, the Labour Ministry said on Saturday. The clarification comes amid reports that forming an expert group on the issue with a three-year term is an attempt...

3 Ways SEO Can Transform Your Business

3 Ways SEO Can Transform Your Business

SEO (or Search Engine Optimisation) is one of the most efficient digital marketing strategies available for all businesses online. Businesses who are new to online marketing or those who aren’t as technical often wonder what SEO is. They...

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