Business
U.S. Stocks End Higher After Powell Projects Stronger Economy
Wall Street ended higher on Wednesday after the Fed predicted a fast economic recovery from the coronavirus pandemic and said it would maintain its interest rate at close to zero.
India Readies Saudi Oil Import Cut as Standoff Escalates Over OPEC's Decision to Ignore Calls from Delhi: Report
India, the world's third-biggest oil importer and consumer, imports more than 80% of its oil needs and relies heavily on the Middle East.
Kalyan Jewellers IPO Witnesses 23% Subscription, Retail Investors Put in Maximum Bids
The public issue has so far received bids for over 2.19 crore equity shares against the offer size of 9.57 crore shares.
Bank Strike Today: Here's How Banking Services Will Be Hit Across India
UFBU, an umbrella body of nine unions, in a statement, said about 10 lakh bank employees and officers of the banks will take part in the strike
US Treasury Department, IRS Say New Round Of Covid-19 Relief Payments on the Way
US President Joe Biden signed the new $1.9 trillion rescue package on Thursday, the day after it won final passage in the House.
Honda Of America Plans To Sell 2 Fully Electric SUVs In 2024
Honda has plans to sell two allelectric SUVs in the U.S. for the 2024 model year, and it soon will offer hybrid gaselectric versions of its topselling models.
Uber, Lyft Agree To Share Info On Banned Drivers In Safety Push
Uber Technologies Inc and Lyft Inc on Thursday said they would share with each other information on drivers and delivery workers they had banned from their platforms for the most serious incidents in an effort to boost safety.
How Major US Stock Indexes Fared Wednesday
Stocks closed mostly higher on Wall Street Wednesday as a benign reading on inflation led to long-term interest rates easing lower in the bond market.
US Budget Deficit Hits Record $1.05 Trillion After 5 Months
The U.S. government's budget deficit through February hit an alltime high of $l.05 trillion for the first five months of a budget year, as spending to deal with the coronavirus pandemic surged at a pace far above an increase in tax revenue.
Amazon to Now Deliver Food at 62 Pincodes Across Bengaluru, No Delivery Fee for Prime Subscribers
Amazon Prime members will even get free delivery on all their orders. Others will have to pay a nominal delivery fee of Rs 19 for their orders from Amazon Food.
Gold Price Today: Rates Rises in Metro Cities; Silver too Gains Marginally
The price rose by Rs 16 for one gram of 22-carat gold and stood at Rs 4,368 compared to the earlier price of Rs 4,352.
Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for April delivery fell $1.04 to $65.05 a barrel Monday. Brent crude oil for May delivery fell $1.12 to $68.24 a barrel.
Investor Chamath Palihapitiya Confirms Selling Shares In Virgin Galactic
Venture investor Chamath Palihapitiya on Saturday confirmed in a tweet that he has freed up some capital by selling shares in Virgin Galactic Holdings Inc, for investing at scale without impacting his pace and strategic view.
Wipro, Heranba Industries, Tata Consultancy Services: Top Stocks for Investors on March 5
On March 4, the BSE Sensex witnessed a fall of 598.57 points or 1.16 percent to close at 50,846.08.
Rising Bond Yields, Dollar Slug Asian Shares, Yen
Asian stocks skidded on Friday as rising U.S. Treasury yields again rattled equity investors while hoisting the dollar to a threemonth high, which in turn dragged the Japanese yen to an eightmonth trough.
Oil Scales 1-year Peak As OPEC+ Rolls Over Output For April
Oil rallied more than 4% on Thursday, hitting its highest in over a year, after OPEC and its allies agreed to keep production unchanged into April, reasoning that the demand recovery from the coronavirus pandemic was still fragile.
