Mumbai, June 26 (SocialNews.XYZ) The key Indian equity indices traded on a positive note on Friday morning with the S&P BSE Sensex rising over 360 points to reclaim the 35,000-mark. The gains were in line…
Washington, June 26 (SocialNews.XYZ) The US Federal Reserve Board has voted to require large banks to preserve capital by suspending share repurchases and capping dividend payments in the third quarter of this year after the…
New York, June 26 (SocialNews.XYZ) US stocks reversed earlier losses to finish higher on Thursday, bolstered by a rally in bank shares. The Dow Jones Industrial Average jumped 299.66 points, or 1.18 per cent, to…
New York, June 26 (SocialNews.XYZ) The US dollar gained in late trading on Thursday as a risk-off mood lingered amid coronavirus worries, boosting demand for the safe-haven currency. The dollar index, which measures the greenback…
Chennai, June 25 (SocialNews.XYZ) Union Finance Minister Nirmala Sitharaman on Thursday said the government is discussing with the Reserve Bank of India (RBI) for loan restructuring of companies which are stressed owing to the Covid-19…
New Delhi, June 25 (SocialNews.XYZ) India might lose $438 billion worth of output over next 2 years due to economic disturbance caused by Covid-19 outbreak, a SBI Ecowrap report said. The report’s estimates are based…
New Delhi, June 25 (SocialNews.XYZ) Despite the Covid-19 outbreak, Air India’s wholly-owned subsidiary Alliance Air will commence flight operations connecting Bengaluru to Goa via Mysuru from July 1. According to the airline, all-inclusive one-way fares…
New Delhi, June 25 (SocialNews.XYZ) India created 29 lakh less new payrolls during FY 2020 on a year-on-year basis, estimated an SBI Ecowrap report. The overall figure is the sum of existing and new payrolls….
New Delhi, June 25 (SocialNews.XYZ) India’s exports in financial year 2020-21 are likely to decline 10 per cent, according to the Federation of Indian Export Organisations (FIEO). In a statement, FIEO said that in case…
New Delhi, June 25 (SocialNews.XYZ) As chorus grows for the boycott of Chinese products, the Federation of Indian Export Organisations (FIEO) has said that immediate restriction on imports from the country may not be feasible…
New Delhi, June 25 (SocialNews.XYZ) India’s aluminium industry has made a strong case for implementation of RoDTEP Scheme (Remission of Duties or Taxes on Export Products) for the sector to make India’s aluminium exports competitive…
New Delhi, June 25 (SocialNews.XYZ) Some coordinated action is in evidence from Singapore to Croatia as Chinese telecom company, Huawei loses out on 5G contracts following pressure from the US. US Secretary of State Mike…
Tokyo, June 25 (SocialNews.XYZ) SoftBank Group CEO Masayoshi Son on Thursday announced that he would step down from the board of Chinese e-commerce giant Alibaba Group Holding Ltd. The announcement made at the annual general…
Mumbai, June 25 (SocialNews.XYZ) Amidst a largely volatile trade session, the Indian stock market settled on a flat-to-negative note on Thursday. Decline in the global markets also weighed on the domestic investor sentiments. Surging numbers…
New Delhi, June 25 (SocialNews.XYZ) Despite asserting that anti-China sentiment was mainly limited to social media, Xiaomi has started covering its retail store branding with the Made in India logo in white colour fearing the…
New Delhi, June 25 (SocialNews.XYZ) While India is on track to meet its ambitious clean energy targets, new-age clean technology startups and small and medium-sized enterprises (SMEs) are expected to play an important role in…
New Delhi, June 25 (SocialNews.XYZ) Indias networking market which includes ethernet switch, routers, and WLAN (wireless local area network) segments witnessed a 26.7 per cent year-over-year (YoY) decline in the first quarter of this year,…
New Delhi, June 25 (SocialNews.XYZ) In its bid to mitigate business impact of Covid-19, airline major IndiGo on Thursday launched the ‘Flex’ pay option. According to the airline, with the help of ‘Flex’ pay, passengers…
New Delhi, June 25 (SocialNews.XYZ) The National Restaurant Association of India (NRAI) on Thursday came up with a Standard Operating Procedure (SOP) for restaurants whereby among other social distancing norms, it has suggested a 2-metre…
New Delhi, June 25 (SocialNews.XYZ) A day after the Enforcement Directorate (ED) raided seven premises linked with MGF Chairman Shravan Gupta in connection with its probe into Rs 3,600 crore AgustaWestland VVIP chopper case, Emaar…