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HomeBusiness & Economics

Business & Economics

No Picture
Business & Economics

Govt may offload up to 25% of its share in LIC in next 5 years

Mar 5, 2022 - 2:36 am EST @theindpanorama 0

New Delhi (TIP)-Even as the finance ministry is keeping an eye on global market conditions and whether they warrant deferring the initial share sale of the state-run Life Insurance Corporation (LIC), it is firming up […]

Bitcoin
Business & Economics

Bitcoin tumbles as Putin orders military into eastern Ukraine

Feb 25, 2022 - 7:49 am EST @theindpanorama 1

Cryptocurrencies dropped as Vladimir Putin decided to conduct military operations in eastern Ukraine, with Bitcoin slumping to a one-month low. The largest token fell as much as 7.4% to $34,783 after an initial Tass report […]

Markets
Business & Economics

Markets dive as Putin attacks Ukraine

Feb 25, 2022 - 7:45 am EST @theindpanorama 0

New Delhi (TIP)-Investors bailed out of risky assets, sending stocks crashing after Russian President Vladimir Putin’s troops invaded Ukraine. On Thursday, the exodus from stocks wiped out Rs1.3 lakh crore in investor wealth on Indian […]

No Picture
Business & Economics

Anand Subramanian, NSE’s ex top official, arrested by CBI

Feb 25, 2022 - 7:42 am EST @theindpanorama 0

New Delhi (TIP)-Anand Subramanian, former group operating officer at the NSE, was arrested by the CBI late on Thursday, Feb 24,  night days after he was questioned about his role at the country’s largest stock […]

No Picture
Business & Economics

‘LIC IPO to go ahead; worried if market situation conducive’

Feb 25, 2022 - 7:42 am EST @theindpanorama 0

New Delhi (TIP)-Finance Minister Nirmala Sitharaman on Tuesday said the government will go ahead with the initial public offering (IPO) of Life Insurance Corporation (LIC) amid concerns being raised over the possible impact of the […]

sw
Business & Economics

BharatPe sacks co-founder Grover’s wife for irregularities

Feb 25, 2022 - 7:42 am EST @theindpanorama 1

New Dlhi (TIP)-BharatPe has sacked its head of controls Madhuri Jain Grover – wife of embattled co-founder Ashneer Grover – for alleged financial irregularities ranging from producing fake invoices to billing the company for personal […]

Visa
Business & Economics

Visa, Amazon announce worldwide payment agreement

Feb 21, 2022 - 4:52 am EST @theindpanorama 0

New York (TIP)-Visa Inc. and Amazon.com Inc. announced an agreement on Thursday, Feb 17,  that allows customers to use Visa cards on Amazon sites worldwide without additional fees. The companies also agreed to collaborate on […]

What
Business & Economics

What conflict in Ukraine would mean for oil, gas, food

Feb 21, 2022 - 4:51 am EST @theindpanorama 1

New Delhi (TIP)- Tensions over Ukraine are entering a critical period, driving up prices of raw materials key to the global economy, and piling pressure on governments already struggling with surging inflation. The U.S. has […]

No Picture
Business & Economics

CBI quizzes NSE’s former CEO, bars her from travelling abroad

Feb 21, 2022 - 4:49 am EST @theindpanorama 1

Mumbai (TIP)- After indictment by the Security Exchange Board of India (SEBI), troubles for former MD and CEO of National Stock Exchange (NSE) Chitra Ramkrishna appears to have compounded, as the CBI today questioned her […]

No Picture
Business & Economics

Maruti, Quiklyz tie up for vehicle subscription

Feb 21, 2022 - 4:49 am EST @theindpanorama 2

New Delhi (TIP)-Maruti Suzuki India (MSI) on Thursday, February 17, said it has tied up with Mahindra Finance’s vehicle leasing arm Quiklyz for its vehicle subscription program, Subscribe. Under the partnership, Quiklyz will offer a […]

No Picture
Business & Economics

U.S. adds e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ list

Feb 21, 2022 - 4:48 am EST @theindpanorama 1

WASHINGTON (TIP)-E-commerce sites operated by China’s Tencent and Alibaba Group were included on the U.S. government’s latest “notorious markets” list of entities that allegedly sell or facilitate the sale of counterfeit goods, the U.S. Trade […]

why
Business & Economics

Why US inflation is so high, and when it may ease

Feb 12, 2022 - 12:20 pm EST @theindpanorama 1

WASHINGTON (TIP)- Last year, it was a nasty surprise. And it wasn’t supposed to last. But now, inflation has become an ongoing financial strain for millions of Americans filling up at the gas station, lined […]

Invest
Business & Economics

Invest in crypto at your own risk, cautions RBI Governor

Feb 12, 2022 - 12:19 pm EST @theindpanorama 1

New Delhi (TIP)- Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned investors on cryptocurrencies stating that they should invest in the same at their own risk. Das said it is his “duty” to […]

rbi
Business & Economics

RBI maintains status quo, keeps key rates unchanged

Feb 12, 2022 - 12:19 pm EST @theindpanorama 1

New Delhi (TIP)- In its first monetary policy of the current calendar year, the RBI on Thursday, Feb 10,  held its key lending rates steady at record low levels for the tenth straight time. The […]

No Picture
Business & Economics

India Weighing 5% Stake Sale In LIC’s Mega IPO: Report

Feb 12, 2022 - 12:19 pm EST @theindpanorama 1

New Delhi (TIP)- India is considering selling about 5% of the shares it holds in a state insurer as it prepares to file documents for the country’s biggest initial public offering, according to people familiar […]

No Picture
Business & Economics

$113 billion in 2021: India-US goods trade marks new record

Feb 12, 2022 - 12:19 pm EST @theindpanorama 1

WASHINGTON/ NEW DELHI (TIP)-In yet another sign of the deepening economic relationship between India and the United States (US), bilateral trade in goods between the two countries crossed the $100 billion mark in 2021, making […]

big
Business & Economics

Sell assets of Future Retail to recover dues, lenders tell SC

Feb 5, 2022 - 9:06 am EST @theindpanorama 0

New delhi (TIP)-A consortium of 27 banks on Thursday, Feb 3, told the Supreme Court the money lent to Future Retail Ltd (FRL) belonged to the depositors and to safeguard the “public interest”, the entire […]

Wall
Business & Economics

Wall Street ends winning run as Facebook forecast halts tech-led recovery

Feb 5, 2022 - 9:06 am EST @theindpanorama 1

NEW YORK (TIP)- Wall Avenue snapped a four-session successful streak on Thursday, Feb 3, with all three benchmarks ending decrease after Fb-owner Meta Platforms’ dour forecast despatched its inventory plummeting and halted a nascent restoration […]

No Picture
Business & Economics

Crypto tax doesn’t bestow legality to trade, says I-T Dept

Feb 5, 2022 - 9:05 am EST @theindpanorama 1

New delhi (TIP)-The Budget announcement of taxing ‘virtual digital assets’ or crypto currencies will help the Income-Tax Department measure the “depth” of this trade in the country, know the investors and the nature of their […]

No Picture
Business & Economics

All in a day: Zuckerberg loses $29bn, Bezos set to pocket $20bn

Feb 5, 2022 - 9:04 am EST @theindpanorama 1

New York (TIP)-Mark Zuckerberg lost $29 billion in net worth on Thursday, Feb 3,  as Meta Platforms Inc’s stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion […]

Google
Business & Economics

Google’s parent Alphabet seeks more investors in 20-for-1 stock split

Feb 5, 2022 - 9:04 am EST @theindpanorama 0

Alphabet Inc. announced a 20-for-1 stock split in the form of a one-time special stock dividend, aiming to draw a wider audience for its shares. “The reason for the split is it makes our shares […]

India
Business & Economics

India’s economy has some bright spots, a number of very dark stains, says Raghuram Rajan

Jan 29, 2022 - 7:48 am EST @theindpanorama 1

New delhi (TIP)-The Indian economy has “some bright spots and a number of very dark stains” and the government should target its spending “carefully” so that there are no huge deficits, noted economist and former […]

Sensex
Business & Economics

Sensex snaps 5-day rout, rebounds 367 points

Jan 29, 2022 - 7:43 am EST @theindpanorama 2

Mumbai (TIP)-Snapping its five-session losing streak, equity benchmark Sensex rebounded 367 points on Tuesday, January 25, boosted by strong gains in Maruti, Axis Bank and SBI amid a supportive trend in European equities. The BSE […]

No Picture
Business & Economics

IMF slashes India’s economic growth forecast to 9% in FY22

Jan 29, 2022 - 7:43 am EST @theindpanorama 1

Washington (TIP)-The International Monetary Fund (IMF) has cut India’s economic growth forecast to 9% for the current fiscal year ending March 31, joining a host of agencies which have downgraded their projections on concerns over […]

Microsoft
Business & Economics

Microsoft profits up 21%, giving cushion for gaming push

Jan 29, 2022 - 7:43 am EST @theindpanorama 1

washington (TIP)- Demand for Microsoft’s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic continued to keep many office workers at least partly at home. The Redmond, Washington company […]

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