Applicability of New Investment Policy 2012 extended to RFCL

New Delhi (IANS) The Cabinet Committee on Economic Affairs (CCEA) has given its approval for the extension of applicability of New Investment Policy (NIP)-2012, read with its amendment dated October 7, 2014, for the Ramagundam Fertilisers and Chemicals…

Equity indices in red, metals stocks fall

Mumbai (IANS) The key Indian equity indices declined on Tuesday, with heavy selling pressure on metal and finance stocks.

Healthy buying in IT stocks, however, limited the losses.

Around 11.20 a.m., Sensex was trading at 52,262.50, lower…

Ducati launches BS6 Panigale V4, Diavel 1260 in India

New Delhi (IANS) Luxury motorcycle brand Ducati on Monday announced the launch of the much-awaited Ducati Panigale V4 and Diavel 1260, expanding its BS6 range in India.

With the launch of these new models, Ducati has already delivered on 8…

'Covid 2.0 brought India back to square one', Crisil cuts growth forecast

New Delhi (IANS) With the second wave of the Covid-19 pandemic crippling economic activities across the country, Crisil Research has lowered India's growth forecast in line with the other agencies, stating that the second wave has brought the…

Indian Public Cloud market to reach $9.5B by 2025

New Delhi (IANS) The Indian Public Cloud services market revenue reached $3.6 billion for 2020 and is set to reach $9.5 billion by 2025, grow at a CAGR of 21.5 per cent, according to a new IDC report.

For the second half of 2020, the Indian…

India's auto demand to recover despite Covid second wave: Fitch

Mumbai (IANS) A less severe economic impact from the pandemic's second wave and resilient buyer sentiment will support a swift rebound in India's automotive demand after curbs are eased, said Fitch Ratings.

This should drive double-digit…

As India's forex reserves cross $600B, liquidity gush to fuel equities

New Delhi (IANS) As Indias forex reserves cross the $600 billion-mark, there are indications that the ample liquidity, both globally and in the domestic space will continue to drive the Indian stock markets.

"The success of these efforts is…

Tapering Covid: RBI retains rates accommodative stance

Mumbai (IANS) The Reserve Bank of India has retained its key short-term lending rates along with the growth-oriented accommodative stance during the second monetary policy review of FY22.

Accordingly, the Monetary Policy Committee (MPC) of…

RBI cuts growth forecast for FY22 to 9.5%

Mumbai (IANS) The Reserve Bank of India (RBI) has lowered its growth projection for the current financial year to 9.5 per cent from the previous estimate of 10.5 per cent.

Amid the severe second wave of Covid-19 and the lockdowns across states,…

Nifty record run continues, Sensex cross 52K

Mumbai (IANS) The Nifty50 on the National Stock Exchange continued to hit new highs and touched a fresh record high of 15,693.15 points on Thursday morning.

The Indian stock market traded in tandem with its Asian peers.

Around 10.30…