Business
Sensex Surges Over 400 Points Ahead of Sitharaman’s 11am Budget Speech, Nifty Above 13,750
Top gainers in the BSE pack included IndusInd Bank, ICICI Bank, Titan, HDFC, Bajaj Finance and Bajaj Finserv with their stocks rising as much as 3.63 per cent.
Union Cabinet Will Hold Meeting to Approve Budget 2021 at 10.15 am Tomorrow
The meeting will take place in room number 62 in Parliament House ahead of the Budget session.
West Virginia Newspaper Publisher Sues Google, Facebook
A West Virginia news publisher has filed an antitrust suit against Google and Facebook, who together receive roughly half of all digital ad dollars in the U.S. and are facing antitrust charges from federal and state authorities.
Robinhood Restricts Stock Trading In GameStop, Other Cos.
The online trading platform Robinhood is moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors.
Infosys Likely to Ramp Up US Hiring, End Reliance on Indian Techies Even After Trump Exit: Report
The increased hiring is planned despite expectations that President Joe Biden will adopt a more relaxed view on immigration in general.
Apple To Crack Down On Tracking IPhone Users In Early Spring
Apple says it will roll out a new privacy control in the spring to prevent iPhone apps from secretly shadowing people. The delay in its anticipated rollout aims to placate Facebook and other digital services that depend on such data surveillance to help s...
Smaller Investors Face Down Hedge Funds, As GameStop Soars
A headscratching David and Goliath story is playing out on Wall Street over the stock price of a moneylosing videogame retailer.
Companies With Built-in Resilience Better Equipped To Handle COVID-19 Crisis: Deloitte
The companies with built-in resilience were better equipped to handle the COVID-19 crisis, even as 2020 proved to be an unprecedented year of global disruption that left some businesses unable to cope, a new Deloitte study showed on Monday. The new stu...
EV Charging Network EVgo To Go Public Via $2.6 Billion SPAC Deal
EVgo Services LLC said on Friday it has agreed to go public through a merger with blankcheck firm Climate Change Crisis Real Impact I Acquisition Corp, in a deal that values the electric vehicle charging station provider at $2.6 billion.
German Government Sees 2021 GDP Growth Of 3% - Source
The German government expects Europe's largest economy to grow by 3% this year, a government official told Reuters, a sharp downward revision from last autumn's estimate of 4.4% caused by November's imposition of a second coronavirus lockdown.
How Major US Stock Indexes Fared Thursday
Stocks drifted to a mixed close on Wall Street Thursday as the earnings reporting season for U.S. companies ramped into higher gear.
Sinovac COVID-19 Vaccine Unit Struggles To Add New Hires As Holiday Nears
A Beijing unit of Sinovac Biotech manufacturing a COVID19 vaccine said it is facing difficulties in finding staff to expand production because of surging local infections and the imminent Lunar New Year holiday.
U.S. Weekly Jobless Claims Decline Moderately
The number of Americans filing new applications for unemployment benefits decreased modestly last week as the COVID19 pandemic tears through the nation, raising the risk of a second straight month of job losses.
Oil Dips After Unexpected Rise In U.S. Crude Stocks
Oil slipped on Thursday after industry data showed a surprise increase in U.S. crude inventories that revived pandemicrelated demand concerns, but United States stimulus hopes limited the price downturn.
ECB To Chart Steady Course Even As The Outlook Dulls
The European Central Bank is widely expected by analysts to keep its easy money policy unchanged on Thursday but hold the door wide open to further stimulus as the spreading second wave of COVID19 dims an already weak outlook.
Sensex Hits Record High, Breaches 50,000 Mark on Global Cues; Reliance, Bajaj Auto Top Gainers
Top gainers in the BSE pack included Bajaj Auto, Bajaj Finance, Bajaj Finserv, HCL Tech, Reliance Industries and Asian Paints with their shares rising as much as 1.43 per cent.
