Get the latest news from the world of Business, Finance and Markets in a single frame.

• Gold price rises 1.63% to Rs 47,350/10 gm; Ideas for investors, technicals and key events to watch out for

  LBMA Gold Spot on the weekly chart has given a breakout of its range-bound movement of $1,710-$1,750 levels indicating a bullish reversal in the counter.
  44 minutes ago
  Moneycontrol

• ICICI Lombard General Insurance Q4 net profit rises 23% YoY to Rs 346 crore

  The Board of Directors of the company has proposed a final dividend of Rs 4 per share for FY21.
  1 hours 39 minutes ago
  Moneycontrol

• MCX Copper climbs 3% to Rs 709.5 per kg this week, experts suggest buy-on-dips strategy

  "For next week, the outlook is positive but we recommend to go long on dip on MCX. The price of Rs 700- Rs 699 will act as support for the April contract and on the flip side, it can go up to Rs 720- Rs 730," said Jigar Trivedi, Research Analyst- Commodities Fundamental at Anand Rathi Shares Stock Brokers.
  2 hours 39 minutes ago
  Moneycontrol

• HDFC Bank posts 16% rise in Q4 net profit at ₹8,434 crore

  The private sector lender had registered a net profit of ₹7,280 crore in the corresponding quarter a year ago.
  2 hours 41 minutes ago
  The Hindu

• COVID-19 Primary Factor Behind Lowest Trade Deficit In 5 Years: Ratings Agency

  The economic disruption along with sharply lower crude oil prices and also a buoyancy in commodity exports have contributed to such a curtailment in deficit in FY21.
  3 hours 14 minutes ago
  NDTV

• The carpenter who built tiny homes for Toronto’s homeless

  The city’s bureaucrats called them illegal and unsafe, and stapled trespass and eviction notices to many, informing their residents that the city had rented out hotel rooms for them. But to the people who live in them, the shelters are a tiny room of one’s own, providing a sanctuary from disease and danger.
  3 hours 56 minutes ago
  Moneycontrol

• Vinay Agrawal, Director, CEO Of Brokerage Firm Angel Broking Dies

  According to a regulatory filing by the company to the BSE on Saturday, Mr. Vinay Agrawal, whole-time Director and Chief Executive Officer of Angel broking died on Saturday.
  3 hours 57 minutes ago
  NDTV

• MCX Natural gas futures climb 6% to Rs 200/mmBtu this week, outlook bullish

  The energy commodity has been trading higher than 5, 20, 50, 100 and 200 days#39; moving averages on a daily chart. The momentum indicator Relative Strength Index (RSI) is at 58.64, which indicates upbeat momentum in the prices.
  4 hours 0 minutes ago
  Moneycontrol

• Star India retains Pro Kabaddi League media rights for 5 years, to pay over Rs 180 crore per season

  Star India will be responsible for producing world-class feed and deploy its marketing commitment for the Pro Kabaddi League.
  4 hours 16 minutes ago
  Moneycontrol

• Glenmark Pharma arm files paperwork for IPO with market regulator

  Glenmark Pharmaceuticals on Saturday said its wholly-owned arm Glenmark Life Sciences has filed paperwork to go public
  4 hours 18 minutes ago
  Business Standard

• Angel Broking CEO and MD Vinay Agrawal passes away

  A Chartered Accountant by profession, Agrawal possessed 15 years of experience spanning across the Banking, Financial Services and Insurance (BFSI) domain.
  4 hours 55 minutes ago
  Moneycontrol

• Vinay Agrawal, CEO of Angel Broking, passes away

  A Chartered Accountant by profession, Agrawal possessed 20 years of experience spanning across the Banking, Financial Services and Insurance (BFSI) domain.
  4 hours 55 minutes ago
  Moneycontrol

• EPF, PPF interest rate should be equal — suggests SBI research team

  PPF is a Government-backed, zero-default risk, long-term small savings scheme akin to quasi floating rate deposits
  5 hours 5 minutes ago
  Livemint

• India’s pharma exports grew 18.7% in FY21

  At $24.4 billion, best performance and came even as global pharma market growth in 2020 declined
  5 hours 25 minutes ago
  The Hindu

• Know how to choose between NEFT, RTGS, IMPS

  Typically, most banks allow NEFT and RTGS transfers of up to Rs2-10 lakh. Some banks may waive off an upper limit for RTGS entirely, while others may allow customers to set their specific third-party transfer limits
  5 hours 46 minutes ago
  Livemint

• Glenmark Pharma’s API arm files papers with Sebi to unlock value via IPO

  Two years ago, Glenmark Pharmaceuticals had attempted to sell a minority stake in its API business to private equity funds but those plans did not fructify. Post the Q3FY21 results, the management indicated that API growth outlook remained strong for the next two-three years owing to a favourable demand-supply scenario.
  6 hours 37 minutes ago
  Moneycontrol

• Veterans Unpacked | Biggest role of a CEO is to connect the dots and sometimes override the excel sheet, says Pawan Goenka

  I believe that a leader must work for a superordinate goal, that becomes the reason to come to work every day and aligns and inspires the team, says Dr. Pawan Goenka
  7 hours 10 minutes ago
  Moneycontrol

• Flipkart launches grocery services in Pune amid COVID-19 curbs

  According to the new guidelines that remain in force until May 1, e-commerce deliveries of only essential goods—including online grocery—are allowed between 7:00 am and 8:00 pm.
  7 hours 29 minutes ago
  Moneycontrol

• Petrol, Diesel Rates Remain Steady On Saturday

  Petrol, Diesel Rates Remain Steady On Saturday
  7 hours 43 minutes ago
  NDTV

• What are tax benefits for mediclaim policy bought by me for myself and parents?

  Please note that the premium of mediclaim should not be made in cash otherwise you will not be able to claim the tax benefits
  7 hours 45 minutes ago
  Livemint

• This week in Auto: Maruti raises prices; Bajaj opens and shuts bookings of Chetak; Govt clears development of hydrogen fuel and many more

  Here is the complete look at what made headlines in the auto space during the week
  8 hours 35 minutes ago
  Moneycontrol

• Republicans loyal to Trump set fundraising records in first quarter

  Lawmakers aligned with ex-US president enjoy bumper donation haul despite corporate pullback
  9 hours 5 minutes ago
  FT

• Mexicans head for US in hunt for Covid jab

  Some residents are flocking north of the border to take advantage of growing vaccine supply
  9 hours 5 minutes ago
  FT

• NASA says SpaceX wins $2.9 billion contract for moon lander, with 2024 goal

  NASA said it would require a test flight to the moon before humans make the flight.
  9 hours 42 minutes ago
  Moneycontrol

• Clothes dryer vs the car: carbon footprint misconceptions

  Landmark survey of 21,000 people in almost 30 countries shows perception gap on climate impact of personal actions
  10 hours 5 minutes ago
  FT

• Economy in better shape than during 2020’s COVID-19 wave: CEA

  CEA Subramanian says uncertainty is much lower because of vaccination drive
  11 hours 17 minutes ago
  The Hindu

• ‘Not again’: residents stunned by police killing of Daunte Wright

  Death of 20-year old black man comes as Minnesota braces for verdict in trial of Derek Chauvin
  15 hours 5 minutes ago
  FT

• Japan vows to support US in opposing ‘coercion’ from China

  Prime minister’s blunt remarks after Biden meeting highlight worry over Beijing’s maritime moves
  16 hours 56 minutes ago
  FT

• Markets regulator fines two trading members in NSE co-location case

  There were allegations of preferential access to Tick-By-Tick (TBT) data feed being given by the exchange to certain trading members, following which Sebi probed the matter
  18 hours 34 minutes ago
  Business Standard

• Hainan ‘on fire’ as luxury’s centre of gravity tilts to China

  Western brands bet on Chinese shoppers staying at home beyond the Covid-19 pandemic
  18 hours 35 minutes ago
  FT

• Escorts Heart Institute receives Sebi notice in funds diversion case

  Fortis Healthcare on Friday said its subsidiary, EHIRCL, received the notice on April 15, 2021
  18 hours 36 minutes ago
  Business Standard

• Indices eke out slim gains, close lower for the week; Asian Paints up 3%

  A strong recovery in the rupee, which zoomed 58 paise, and a bullish trend in global equities supported the bourses on Friday, traders said
  18 hours 42 minutes ago
  Business Standard

• Gold heads for second straight weekly gain as investors weigh US data

  The latest numbers from both countries show consumer spending boosting the recovery from the pandemic
  18 hours 58 minutes ago
  Business Standard

• ALL delivers bullet proof vehicles to IAF

  Ashok Leyland Ltd. (ALL) delivered a first-of-its-kind ‘light bullet proof vehicles’ (LBPV) to the Indian Air Force recently.LBPV is an adopted versio
  19 hours 45 minutes ago
  The Hindu

• Coronavirus | Bharat Biotech to make 6 crore Covaxin doses by July

  3 more facilities to produce Covaxin.
  19 hours 46 minutes ago
  The Hindu

• Honda Cars to recall 77,954 vehicles to fix faulty fuel pump

  Honda Cars India on Friday announced a recall of 77,954 units of its various models, including Amaze, City, WR-V, Jazz, Civic, BR-V and CRV, to replac
  19 hours 50 minutes ago
  The Hindu

• U.S. Treasury keeps India on currency watch list

  Country meets 2 of 3 review criteria
  19 hours 52 minutes ago
  The Hindu

• Mindtree net up 54%, to pay ₹17.5 dividend

  Its dollar revenue grew 5.2% QoQ `Well positioned to deliver double-digit growth’
  20 hours 4 minutes ago
  The Hindu

• You want to invest responsibly. Wall Street smells opportunity.

  Investors who hope to do good with their dollars are pouring money into ESG funds. Asset managers are eager to give them what they want—for a price.
  20 hours 5 minutes ago
  Livemint

• Major destinations for sugar exports are Indonesia, Afghanistan

  Major destinations for sugar exports from India this season (October 2020 to September 2021) are Indonesia and Afghanistan, according to the Indian Su
  20 hours 8 minutes ago
  The Hindu

• Quess to buy ₹208-crore stake in Conneqt

  Quess Corp, a business services platform, said it will acquire the residual 30% equity stake in Conneqt Business Solutions from Tata Sons for ₹208 cro
  20 hours 11 minutes ago
  The Hindu

• Higher rural demand to spur growth: Usha International

  Firm to strengthen portfolio to facilitate higher rural share
  20 hours 19 minutes ago
  The Hindu

• DoT gets ₹2,306.97 cr, from Jio, Airtel by assigning some spectrum early

  The Department of Telecom (DoT) on Friday said it has completed the assignment of frequencies to successful bidders in the recently-concluded spectrum
  20 hours 25 minutes ago
  The Hindu

• ‘Economy in better shape than during 2020’s COVID-19 wave’

  CEA Subramanian says uncertainty is much lower because of vaccination drive
  20 hours 45 minutes ago
  The Hindu

• SpaceX wins $2.9bn Nasa contract to land Americans on the moon

  Elon Musk beats Jeff Bezos’ Blue Origin to be sole contractor to build next lunar lander
  20 hours 53 minutes ago
  FT

• Gold prices are up 6% in the past 15 days; is it the start of another rally?

  Experts feel as India is hit by the second wave and central banks across the world pump in more money to support economic growth, prices are expected to go atleast in the short-term till things stabilise
  21 hours 13 minutes ago
  Livemint

• India cenbank#39;s rejection of 10-year bond bids fuels late rally

  The benchmark 10-year bond yield closed at 6.08%, down 5 basis points on the day after earlier rising to 6.18%, its highest since April 7.
  21 hours 14 minutes ago
  Moneycontrol

• RBI#39;s rejection of 10-year bond bids fuels late rally

  The benchmark 10-year bond yield closed at 6.08%, down 5 basis points on the day after earlier rising to 6.18%, its highest since April 7.
  21 hours 14 minutes ago
  Moneycontrol

• Central support for Bharat Biotech, 3 PSEs to augment Covaxin supplies

  The Centre has announced financial support to Covaxin maker Bharat Biotech as well as roped in Haffkine Bio-Pharmaceutical Corporation, Indian Immunol
  21 hours 21 minutes ago
  The Hindu

• US keeps 11 countries including India, China, Japan in currency practices monitoring list

  As directed by Congress, Treasury has established a monitoring list of major trading partners that merit close attention to their currency practices and macroeconomic policies.
  21 hours 29 minutes ago
  Moneycontrol

• EY’s Wirecard audits suffered serious shortcomings, German probe finds

  Report from investigator commissioned by Bundestag significantly increases accountancy firm’s woes
  21 hours 36 minutes ago
  FT

• Television’s lost art of brevity

  The epic length of TV dramas and documentaries bucks the immediacy of modern life
  22 hours 5 minutes ago
  FT

• Crude palm oil futures touch fresh lifetime high of Rs 1,173/10 kg on MCX

  The agri commodity has been trading higher than 5, 20, 50, 100 and 200-days’ moving averages on a daily chart. The Relative Strength Index (RSI) is at 62.20, which indicates bullish momentum in the prices.
  22 hours 23 minutes ago
  Moneycontrol

• Indian Railways Adopts Form-Based Codes For Station Redevelopment Project

  According to IRSDC, the move is aimed at railway land or railway station areas into Railopolis, based on the principles of transit-oriented development (TOD).
  22 hours 27 minutes ago
  NDTV

• Former FedEx employee identified as Indianapolis shooter

  Eight killed after 19-year-old opened fire at delivery company operations centre
  22 hours 33 minutes ago
  FT

• Wall Street stocks close week at record highs

  Flurry of data pointing to rapid US economic rebound support asset prices
  22 hours 36 minutes ago
  FT

• Wall Street stocks close week at new record highs

  Flurry of data pointing to rapid US economic rebound supports asset prices
  22 hours 36 minutes ago
  FT

• State-owned power giant NTPC to raise Rs 3,996 cr via bonds next week

  The firm will issue non-convertible bonds on Tuesday
  22 hours 47 minutes ago
  Business Standard

• Copper futures dip 1% to Rs 711 per kg, experts suggest #39;buy on dip#39; strategy

  MCX Copper April has given a breakout of its range-bound movement where it is moving towards its all-time high level of Rs 737 level indicating a strong uptrend in the counter.
  23 hours 3 minutes ago
  Moneycontrol

• Netscape 2.0: Coinbase stock debut rekindles memories of web breakthrough

  Crypto exchange’s market listing heightens Wall St debate over future of digital currencies
  23 hours 5 minutes ago
  FT

• UP RERA defers physical hearing of complains due to covid-19

  UP RERA has been hearing the complaints through virtual mode under the e-courts system in order to maintain the social distancing norms amid the pandemic as directed by the government
  23 hours 11 minutes ago
  Livemint

• Forex reserves surge by $4.34 billion to $581.21 billion

  In the reporting week ended April 9, 2021, the increase in forex reserves was on account of a rise in foreign currency assets (FCA), a major component of the overall reserves.
  23 hours 24 minutes ago
  Moneycontrol

• Morgan Stanley profit surges, flags nearly $1 billion Archegos loss

  Morgan Stanley was one of six banks that had exposure to Archegos Capital Management, a family office fund that defaulted on margin calls late last month and triggered a firesale of stocks across Wall Street.
  23 hours 50 minutes ago
  Moneycontrol

• Fed urges Texas to ‘winterise’ grid after $130bn storm damage

  Arctic blast exposed power network that was unable to cope with freezing temperatures
  23 hours 51 minutes ago
  FT

• Cotton futures slid 1.24% to Rs 21,510 per bale on weak global cues

  The momentum indicator Relative Strength Index (RSI) is at 50.53, which indicates sideways movement in prices.
  23 hours 51 minutes ago
  Moneycontrol

• Bitcoin tumbles more than 4% after Turkey bans crypto payments citing risks

  Bitcoin was down 4.6 percent at $60,333 at 1117 GMT after the ban, which was criticised by Turkey#39;s main opposition party. Smaller coins ethereum and XRP, which tend to move in tandem with bitcoin, fell between 6 percent-12 percent.
  23 hours 55 minutes ago
  Moneycontrol

• Gold gives a breakout, jumps above Rs 47,000/10 gram on flight to safety; silver climbs 789 a kg

  Gold traded higher to a more than one-month peak as US Treasury yields slipped despite better-than- expected US economic data, pushing investors to bullion as a refuge against possible inflation ahead.
  23 hours 59 minutes ago
  Moneycontrol

• Gold gives a breakout, jumps above Rs 47,000/10 gram on flight to safety; silver climbs Rs 789 a kg

  Gold traded higher to a more than one-month peak as US Treasury yields slipped despite better-than- expected US economic data, pushing investors to bullion as a refuge against possible inflation ahead.
  23 hours 59 minutes ago
  Moneycontrol