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update 20 Oct 08:10 AM open_in_new  MoneyControl

US lawmakers say Facebook cannot be trusted to manage cryptocurrency


US Democratic senators Brian Schatz, Sherrod Brown, Richard Blumenthal, Elizabeth Warren and Tina Smith voiced their opposition to Facebook's two-year-old effort to launch a cryptocurrency and digital wallet

update 20 Oct 08:05 AM open_in_new  EconomicTimes

Petrol and diesel prices jump after surge in global crude rates. Here's what it will cost you now


Since September 5, when both petrol and diesel prices were revised, the price of petrol and diesel in the international market is higher by around $9-10 per barrel as compared to the average prices during August.

update 20 Oct 08:04 AM open_in_new  MoneyControl

Global growth numbers look good, but challenges remain multi-faceted and complex, says Indranil Pan


Risks to global growth remains many. The divergence in growth outcomes across the world could be mitigated by a wider spread of vaccination across various countries.

update 20 Oct 08:00 AM open_in_new  MoneyControl

Top 10 things to know before the market opens


Trends on SGX Nifty indicate a positive opening for the index in India with a 27-points gain.

update 20 Oct 07:55 AM open_in_new  MoneyControl

Hot Stocks | Sun TV Network, Apollo Tyres and UPL can give up to 38% return in short term


It is going to be crucial for Nifty to sustain above the 18,350-18,400 range in the short term, said Ashis Biswas of CapitalVia Global Research.

update 20 Oct 07:49 AM open_in_new  MoneyControl

Morning Scan: All the big stories to get you started for the day


A round-up of the biggest articles from newspapers

update 20 Oct 07:48 AM open_in_new  MoneyControl

Daily Voice | Five sectors look stable but stay cautious on tourism, aviation, says Abhijit Bhave of Fisdom Private Wealth


Robust fundamentals, easy liquidity and positive sentiments catapulted the domestic equities to lifetime highs in this month.

update 20 Oct 07:38 AM open_in_new  MoneyControl

Fuel prices on October 20: Petrol crosses Rs 106 in Delhi, Rs 112 in Mumbai


The price of petrol in Delhi crossed Rs 106-mark with an increase of 35 paise per litre on the day.

update 20 Oct 07:27 AM open_in_new  MoneyControl

Buzzing Stocks: RIL, Nestle, Jubilant Food, ACC and other stocks in news today


Stocks In the News: Check out the companies making the biggest headlines before the opening bell

update 20 Oct 07:05 AM open_in_new  EconomicTimes

The Changing Phase and Face of Household Savings


update 20 Oct 05:47 AM open_in_new  EconomicTimes

Banks flag concerns over US rules on consumer data, seek govt guidance


A government official confirmed that the Indian Banks' Association (IBA) has sought government intervention and guidance on the issue. Banks have pointed out that the provision will raise costs and any compliance shortfall can have serious implications.

update 20 Oct 01:19 AM open_in_new  Business-Standard

China's curbs on fertiliser exports may affect India, says report


The increased scrutiny comes as global fertilisers costs have soared to new records, spurred by energy crises in Europe and China as coal and natural gas are important feedstocks

update 19 Oct 11:32 PM open_in_new  EconomicTimes

Airline, private jet bookings soar as vacation is on everyone's mind


While business jet, or charter flight, operators see a surge in demand for travel to India after the country allowed tourist visas for people travelling on private jets, airlines on the India-US route have registered an increase in bookings after Washington relaxed rules for vaccinated passengers.

update 19 Oct 11:20 PM open_in_new  EconomicTimes

Gold demand to stay subdued, rebound likely only next year: World Gold Council


In the long-term too, gold faces challenges as households are saving proportionately less than they used to, which may reduce the amount of capital they allocate to gold, said WGC report.

update 19 Oct 11:01 PM open_in_new  MoneyControl

Tata Steel BSL posts over 5-fold jump in net profit to 1,837 crore for September quarter


The company's expenses stood at Rs 6,492.97 crore, against Rs 5,203.33 crore in the year-ago quarter.

update 19 Oct 10:59 PM open_in_new  EconomicTimes

Local drug companies find it hard to produce Sputnik's second component


A top executive of a drug maker, which has signed a pact with RDIF to manufacture and supply up to 200 million doses of Sputnik V, told ET that with the existing technology, it is not viable to manufacture the second dose at scale.

update 19 Oct 10:34 PM open_in_new  Business-Standard

MSME stressed assets likely to touch 18% by March 2022, says CRISIL


For the retail credit, rise in stressed assets is pegged at 4-5 per cent in March 2022 from 3 per cent estimated in March 2021