Being forced to bid adieu the company I founded: Ashneer

New Delhi (IANS) Ending months-long saga that kept the fintech platform BharatPe in headlines for all the wrong reasons, its Co-founder and Managing Director Ashneer Grover has finally quit minutes after receiving the agenda for upcoming Board meeting,…

Metal stocks surge on Russia-Ukraine war, Nifty metal up 5%

New Delhi (IANS) Shares in the metal space have witnessed sharp gains on Monday as tensions between Russia and Ukraine are expected to turn India's metal sector attractive.

The Nifty metal index rose 5 per cent on Monday.

"Metal…

Adani Wilmar shares rally as Russia-Ukraine war threatens India's sunflower imports

New Delhi, (IANS) At a time when the equity segment has been going through a sharp correction amid the Russia-Ukraine war, shares of Adani Wilmar rose around 10 per cent overall in the trading week that ended on Friday.

The shares of the company…

Chipset market grows 5% as Russia-Ukraine war threatens global supply

New Delhi (IANS) Amid the global chip shortage that is going to worsen with the Russia-Ukraine war, a new report has shown that the global smartphone AP (Application Processor)/SoC (System on Chip) chipset shipments grew 5 per cent (on-year) in the…

Indian equities open positive; Sensex jumps over 1,000 pts

New Delhi (IANS) India's key indices -- S&P BSE Sensex and NSE Nifty50 -- recovered considerably on Friday morning due to value buying.

Even as the equity markets are expected to be volatile in the next few days, there is nothing to worry…

Release of US oil inventories douse Crude prices

New Delhi (IANS) Rise in the US oil inventories along with assurance of energy supply from Russia doused international crude oil prices on Friday.

The price movement comes a day after the Russia-Ukraine war pushed Brent Crude Oil prices to…

10% rise in oil prices leads to an increase of $15 bn in India's current account deficit

New Delhi (IANS) For every 10 per cent increase in crude oil prices, the wholesale price index in India increases by 0.9 per cent - 1 per cent and the consumer price index by 0.4 per cent - 0.6 per cent.

A 10 per cent rise in oil prices leads…

'Indian textile exports likely to breach $100 bn mark in next 5 yrs'

New Delhi (IANS) India's textile exports can breach the $100 bn mark in next 5 years, Union Textiles Secretary, Upendra Prasad Singh said on Tuesday.

"The country's textile exports can increase from the current $40 billion to $100 billion…

BharatPe confirms sacking Madhuri Jain, all eyes on Ashneer Grover

New Delhi (IANS) Full-stack fintech platform BharatPe on Wednesday confirmed it has terminated the services of Madhuri Jain Grover, the wife of its Co-founder and Managing Director Ashneer Grover, for alleged financial irregularities during her tenure.

Oil prices at a 7-year high of $98 after Russia recognises breakaway rebel regions in Ukraine

New Delhi (IANS) Oil prices are climbing on fears that the Ukraine-Russia crisis will disrupt supply chains across the world, BBC reported.

Futures of Brent crude, the international benchmark, reached a seven-year high of almost $98 on Tuesday…