To achieve market share and sales goals, businesses often acquire properties, develop new business lines, or buy companies or portions of companies as they expand. Development can also mean changes in a company's markets and operating...
Shares of state-run oil refining company Bharat Petroleum rose as much as 6 percent to hit an intraday high of ₹ 482.40 after its board of directors approved sale of Numaligarh Refinery in Assam. "Bharat Petroleum...
COVID19 is caused by the novel coronavirus SARS-CoV-2, and the flu is caused by influenza viruses that work in a similar way, so it’s no surprise that evidence suggests some of the symptoms that patients might experience with both illnesses...
India's fuel consumption could rise by 9.8% in the year to March 2022, its highest pace of growth in the six years which was driven by robust demand for gasoline and gasoil in Asia's third largest economy, according to initial government...
The Employees’ Provident Fund Organisation (EPFO) is likely to announce the rate of interest on provident fund deposits for the financial year of 2020-21 on March 4. EPFO’s central board of trustees are set to meet at Srinagar and...
According to Crisil, bank credit is expected to rise 400-500 basis points (bps) to 9-10% next fiscal as the Indian economy recovers, aided by budgetary stimulants and steps announced by the Reserve Bank of India (RBI). India's GDP growth...
Goods and services tax (GST) collections in February (for sales in January) rose 7.4 per cent year-on-year to Rs 1,13,147 crore. Though lower than Rs 1,19,875 crore collected the previous month, the February mop-up is the fifth consecutive...
The mobility sector across the country has recovered 63 per cent of the pre-covid levels with an overall 71 million rides in January 2021, according to a report which was done by research and consultancy firm RedSeer. The report also stated that...
The country’s largest lender State Bank of India on Monday said it has reduced its interest rates on home loans by up to 10 basis points (bps) and is offering loans starting from 6.70 per cent rate. These new rates are based on the loan...
Inflation is characterized as an increase in the cost of most every day or basic commodities, such as food, clothing, housing, entertainment, transportation, consumer staples, and so on. Inflation is classified as the cumulative rise in the value...
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