Category: Economy

Reliance Industries nearing deal to buy Walt Disney’s India ops

Mumbai, Oct 23 (SocialNews.XYZ) Reliance Industries, controlled by Asia’s richest tycoon Mukesh Ambani, is nearing a cash and stock deal…

2 years ago

Chevron to buy rival Hess for $53 billion in yet another oil industry consolidation deal (Lead)

New York, Oct 23 (SocialNews.XYZ) Chevron announced Monday that it has agreed to buy rival Hess in yet another oil…

2 years ago

Koppu Sadashiv Murthy named new CMD of BHEL

Chennai, Oct 23 (SocialNews.XYZ) Power equipment major Bharat Heavy Electricals Ltd (BHEL) said in a regulatory filing on Monday that…

2 years ago

Gold expected to trend higher amid geopolitical uncertainty

New Delhi, Oct 23 (SocialNews.XYZ) Gold is expected to trend higher in the immediate term. Technically, the price targets for…

2 years ago

Tata Motors sets up two R&D centres in Pune for Hydrogen propulsion technology

Pune/Chennai, Oct 23 (SocialNews.XYZ) Automotive major Tata Motors Ltd said on Monday that it has unveiled two research and development…

2 years ago

89% Indian CEOs likely to reward workers if they come to office: Report

New Delhi, Oct 23 (SocialNews.XYZ) About 89 per cent of Indian CEOs are likely to reward employees who try to…

2 years ago

Coal production stood at 21 lakh tonnes on Maha Ashtami day, equal to normal day output: Govt

New Delhi, Oct 23 (SocialNews.XYZ) The coal ministry has worked out strategy for ensuring normal production of coal during festival…

2 years ago

Nifty nosedives to three-month low; small and mid-caps fall sharply

Mumbai, Oct 23 (SocialNews.XYZ) Domestic equities came under pressure on Monday amid global turmoil, witnessing broad base selling. Nifty nosedived…

2 years ago

Mineral production index shows 12.3% growth in August year-on-year

New Delhi, Oct 23 (SocialNews.XYZ) The index of mineral production of the mining and quarrying sector for August stood at…

2 years ago

Relentless selling across the board pulls Nifty down by 260 points

New Delhi, Oct 23 (SocialNews.XYZ) Pessimism persisted in the Indian bourses as the bears tightened their grip by breaching all…

2 years ago

US oil giant Chevron seals deal to buy Hess for $53 billion

New Delhi, Oct 23 (SocialNews.XYZ) American oil giant Chevron Corporation announced on Monday that it has entered into a definitive…

2 years ago

Global analysts have shown confidence in India’s economic strength amid geopolitical challenges: FinMin docu

New Delhi, Oct 23 (SocialNews.XYZ) With the IMF revising India's growth projection upwards by 20 basis points to 6.3 per…

2 years ago

Farmers warn Australian govt against signing EU FTA

Canberra, Oct 23 (SocialNews.XYZ) The peak body representing Australian farmers on Monday called for the federal government to walk away…

2 years ago

Rising petrol prices driving persistent inflation: Australian Treasurer

Canberra, Oct 23 (SocialNews.XYZ) Australia's Treasurer Jim Chalmers on Monday warned of persistent inflation following a spike in petrol prices.…

2 years ago

Tata Steel, Maruti, Tata Motors top losers as Sensex trades down

New Delhi, Oct 23 (SocialNews.XYZ) With last week registering successively lower lows, the ongoing slide appears to gain momentum, setting…

2 years ago

Central banks’ panel suggests safeguard measures to tackle inflation, geopolitical churns

New Delhi, Oct 22 (SocialNews.XYZ) A high level central banks' panel has suggested that the key financial institutions need to…

2 years ago

Multiple factors drive FIIs to sell, but local flows keep markets resilient

Chennai Oct 22 (SocialNews.XYZ) Increase in the US bond yields, geopolitical situation, seemingly high valuations of the Indian markets, general…

2 years ago

‘US Fed will have to hold interest rates static to stabilise consumer prices’

New York, Oct 22 (SocialNews.XYZ) The US Federal Reserve may have to hold back interest rate hike for some time…

2 years ago

Kotak Mahindra Bank logs Rs 3,190cr PAT in Q2

Chennai, Oct 21 (SocialNews.XYZ) Kotak Mahindra Bank on Saturday said it closed the second quarter of FY24 with higher net…

2 years ago

IDBI Bank net profit increases to Rs 1,323 crore

Chennai, Oct 21 (SocialNews.XYZ) IDBI Bank on Saturday said it closed the second quarter of FY24 with an increased net…

2 years ago

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