Asian shares were mixed on Wednesday while Japanese yields hugged a policy cap, with markets anxiously awaiting a pivotal Bank of Japan (BOJ) meeting that could see the world’s third-largest…
Author: Admin
Netflix set for slowest revenue growth as ad plan struggles to gain traction
Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in the saturating U.S. market, which could pressure the…
Dollar weakens vs yen ahead of BOJ; stocks fall
The dollar weakened against the Japanese yen on Tuesday amid expectations of a possible policy shift at the Bank of Japan, while stocks on Wall Street mostly fell following disappointing…
From heritage whisky to craft gin, Radico Khaitan launches 4 premium brands in Assam
India’s major liquor manufacturer Radico Khaitan has launched its four power brands in Assam. At an event in Guwahati on January 11, the company unveiled premium brands – Royal Ranthambore…
RPSG-owned Spencer’s Retail is all set to launch new hypermarket chain
Spencer’s Retail, part of RP-Sanjiv Goenka Group (RPSG), is all set to unveil its brand new hypermarket chain called “Spencer’s Value Market”. These new stores are designed as a one-stop…
Zomato shares down 10% in six days; tech charts hint weakness isn’t over yet, analysts say
Shares of Zomato fell sharply on Tuesday, extending their losses for the sixth straight session amid heavy volumes. The stock today slumped 4.93 per cent to close at Rs 50.15…
‘Allow NRIs to open demat accounts online’: Zerodha’s Nithin Kamath’s pathbreaking pitch to FinMin
Zerodha co-founder Nithin Kamath on Tuesday said Ministry of Finance should boost Indian markets by making opening of demat accounts less ‘cumbersome’ for non-resident Indians (NRIs). “Allowing NRIs to open…
RBI cautions states against reverting to old pension scheme
The Reserve Bank has sounded a note of caution on reversion to the old pension scheme by some states, saying it poses a major risk on the “subnational fiscal horizon”…
UCO Bank shares fall 3%, halt 2-day winning run; should you buy, sell or hold?
Shares of UCO Bank fell nearly 3 per cent on Tuesday, snapping their two-day winning run amid heavy volumes. The stock slipped 4.46 per cent to hit an intraday low…
LG India invests Rs 200 crore to start local manufacturing of side-by-side refrigerators
As the consumer durable industry waits for the production-linked incentive scheme (PLI) for refrigerators under Prime Minister Narendra Modi’s vision of Make in India and Aatmanirbhar Bharat Mission (Self Reliant India),…