Business

EU antitrust regulators gave the green light on Wednesday to the London Stock Exchange's $27 billion takeover of Refinitiv, creating a stronger competitor to financial data leader Bloomberg LP.

Major U.S. insurers on Wednesday decided to suspend contributions to political campaigns for the next few months, following last week's violence at the U.S. Capitol and challenge to Presidentelect Joe Biden's victory.

U.S. consumer prices rose 0.4% in December, led by a sharp rise in gasoline prices.

Gold prices eased on Wednesday, reversing earlier gains, as the dollar firmed and U.S. yields held close to recent highs, with investors awaiting for more details on American fiscal stimulus measures.

Similarly, the broader NSE Nifty rose 70.55 points or 0.48 per cent to 14,634 in opening deals. Bharti Airtel was the top gainer in the Sensex pack, rallying around 4 per cent, followed by ONGC, SBI, ICICI Bank, M&M, NTPC, L&T and Axis Bank.

As you lay the groundwork for 2021 financial resolutions, take inventory of your credit cards to see if theyre still in line with your goals and priorities.

Investors will be anxious to see whether upcoming quarterly reports and outlooks from U.S. companies validate expectations for a strong 2021 rebound in earnings and the economy, which were ravaged by the coronavirus pandemic last year.

The final countdown to Libor's demise is now clear and there will be checks that senior bankers are ending use of the interest rate benchmark by the end of 2021, the Bank of England and the Financial Conduct Authority said on Monday.

Asian shares took a breather on Monday while Treasury yields were at 10month highs as "trillions" in new U.S. fiscal stimulus plans were set to be unveiled this week, stoking a global reflation trade.

The government resorted to recapitalisation bonds with a coupon rate for capital infusion into PSBs during 2017-18 and interest payment to banks for holding such bonds started from the next financial year.

Maine's rollout of legal marijuana sales has been muted compared with other states because of the coronavirus pandemic, but shops are reporting brisk business nonetheless.

Stocks that moved heavily or traded substantially Friday:

A global equities rally pushed Japan's Nikkei and U.S. stock benchmarks to new records on Friday while safe havens such as Treasuries and gold sold off as investors looked past political unrest in the United States and focused on further stimulus to mend...

Kumar was commenting on the first advance estimates (AE) of national income released by the National Statistical Office (NSO) on Thursday, which projected 7.7 per cent contraction in GDP for the cur

Presidentelect Joe Biden is set to introduce the governor of Rhode Island, the mayor of Boston and a smallbusiness advocate from California as the newest members of his economic team.

Gold fell on Friday as the U.S. dollar and Treasury yields firmed, although hopes for additional stimulus in the world's largest economy kept bullion on course for a second straight weekly gain.