Power consumption grows 10.2% in January

Power consumption in January 2020 was 101.15 BU.

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Union Budget 2021: Healthcare stocks like Fortis, Apollo Hospital, SRL Logistics in focus on introduction of Aatmanirbhar Health Yojana

The healthcare sector was among the biggest gainers in the last 10 months given the opportunities made available in the light of the pandemic. The BSE Healthcare index rallied 87 percent from March 23#39;s closing low.

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Granules arm gets USFDA nod for Potassium Chloride Oral Solution

The approved product is bioequivalent to the reference listed drug Potassium Chloride Oral Solution of Genus Lifesciences, Inc.

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Fabindia, Hidesign open a joint store in Chennai

The store is located at Pondy Bazaar, T Nagar, which is part of smart city project and one of the principal shopping districts of Chennai.

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As Google eyes Australia exit, Microsoft talks Bing with PM Scott Morrison

Australia has introduced laws that would force internet giant Google and social media heavyweight Facebook Inc to negotiate payments to domestic media outlets whose content links drive traffic to their platforms.

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Coronavirus News LIVE Updates: Today India has 2 vaccines available; 2 more vaccines expected soon, says Nirmala Sitharaman in Budget speech

Coronavirus News LIVE Updates: Over 37 lakh beneficiaries have been vaccinated against COVID-19 in the country till now

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Union Budget 2021 LIVE Updates: FM proposes ‘PM Aatmanirbhar Swastha Bharat’ scheme with outlay of Rs 64,180 crore

Budget 2021 LIVE News Updates: Finance Minister Nirmala Sitharaman is presenting the Union Budget. She is laying out a vision for ‘Aatmanirbhar Bharat’ in this part of the address

from Moneycontrol Business News https://www.moneycontrol.com/news/business/union-budget-2021-live-updates-fm-proposes-‘pm-aatmanirbhar-swastha-bharat’-schemeoutlayrs-64180-crore_14730281.html

Escorts tractor sales jump 49% to 9,021 units in January 2021

Domestic tractor sales during last month stood at 8,510 units as against 5,845 units in January 2020, up 45.6 percent, Escorts said in a BSE filing.

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Digital #39;Bahi Khata#39;: FM Nirmala Sitharaman to deliver Budget 2021 speech from made-in-India tablet

FM Nirmala Sitharaman, in her first budget in 2019, replaced a leather briefcase that had been for decades used for carrying budget documents with a traditional red cloth #39;bahi-khata#39;.

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Tech Mahindra – 5G making a comeback, time to close gap with larger peers

With growth looking promising, we expect the significant discount to large cap peers to narrow as Tech Mahindra remains one of the cheapest among large cap IT stocks

from Moneycontrol Business News https://www.moneycontrol.com/news/business/tech-mahindra-–-5g-makingcomeback-time-to-close-gaplarger-peers_14730961.html

Lupin to enter Chinese market in next one year

Lupin posted a net profit of Rs 438.3 crore in the quarter ended December 31, 2020, helped by growth of sales in the US, India and other markets.

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Coronavirus News LIVE Updates: 11,427 new COVID-19 cases reported in India; over 1.7 crore cases so far

Coronavirus News LIVE Updates: Over 37 lakh beneficiaries have been vaccinated against COVID-19 in the country till now

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Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman reaches Parliament ahead of Budget presentation

Budget 2021 LIVE News Updates: Finance Minister Nirmala Sitharaman will present the Union Budget today. She will use a tablet computer to deliver a paperless Budget address

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Budget 2021: What aam aadmi, industry and market seek from FM Nirmala Sitharaman

Budget 2021-22: The aam aadmi, industry and market#39;s expectations assume greater significance this time due to the coronavirus pandemic’s impact on income levels, businesses and the economy.

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Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman, carrying a bahi khata, leaves North Block

Budget 2021 LIVE News Updates: Finance Minister Nirmala Sitharaman will present the Union Budget today. She has arrived at the North Block

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Kerala Lottery Result: ‘Winwin W-601’ lottery winners to be announced today at 3 pm

Kerala Lottery Result: The first prize winner of #39;Winwin W-601#39; will take home Rs 75 lakh. The second prize winner will get Rs 5 lakh and the third prize Rs 1 lakh.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/kerala-lottery-result-‘winwin-w-601’-lottery-winners-to-be-announced-today-at-3-pm_14730501.html

Coronavirus News LIVE Updates: Karnataka logs 522 fresh COVID-19 cases; 4 more die

Coronavirus News LIVE Updates: Over 37 lakh beneficiaries have been vaccinated against COVID-19 in the country till now

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Lottery Sambad Result February 1: #39;Dear Bangalakshmi Teesta#39; lottery winners to be announced at 4 pm

Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Teesta#39; lottery will take home Rs 50 lakh. The second prize is Rs 9,000.

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Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman to present Budget today; countdown begins

Budget 2021 LIVE News Updates: Finance Minister Nirmala Sitharaman will present the Union Budget today; the countdown has begun. It assumes greater significance amid economic disruption caused by the pandemic

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Crypto community panics on news of pvt currency’s exit

Bitcoin prices on Indian crypto exchanges fell 7-8% on Sunday afternoon after the government announced it would introduce India's cryptocurrency bill in the budget session of the Parliament.

from Economic Times https://ift.tt/39y8ysS

Exxon, Chevron CEOs discussed merger in early 2020

The talks between Exxon Chief Executive Darren Woods and Chevron CEO Mike Wirth were serious enough for legal documents involving certain aspects of the merger discussions to be drafted, a source told Reuters

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Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman set to present Union Budget today

Budget 2021 LIVE News Updates: Finance Minister Nirmala Sitharaman will present the Union Budget today. It assumes greater significance amid economic disruption caused by the pandemic

from Moneycontrol Business News https://ift.tt/3cttDXe

Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman to present Union Budget today

Budget 2021 LIVE News Updates: Finance Minister Nirmala Sitharaman will present the Union Budget today. It assumes greater significance amid economic disruption caused by the pandemic

from Moneycontrol Business News https://ift.tt/3oAj5Iy

Global cues, not Budget, to decide market trend in medium term

Expectations that the government will find a balance between populism, reform and growth in a weak fiscal position are a high risk in themselves.

from Moneycontrol Market Outlook https://ift.tt/2MHlaFi

Analysis: To the brink and back on GameStop - Wall Street vs Reddit

As a new week of trading begins, it remains to be seen how long the Reddit-fueled rally in traditionally unloved stocks will last.

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Gold, silver weekly outlook | Tips for investors and key events to watch out for

Technically, LBMA Gold Spot gave a sharp correction from $1,875 where it ended near 200-DMA, indicating a bearish momentum in the coming week.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/gold-silver-weekly-outlook-|-tips-for-investorskey-events-to-watch-out-for_14730181.html

Market rally boosts Geojit, net profit nearly doubles to Rs 30.6 crore

In the December 2019 quarter, the company had booked a net profit of Rs 15.83 crore, which grew by 93 percent in the reporting quarter, the company said in a statement.

from Moneycontrol Business News https://ift.tt/3aoFDXH

Govt mops up Rs 19,499 crore from CPSE disinvestment, buyback so far in FY21

Finance Minister Nirmala Sitharaman had in her budget for 2020-21 set a target of raising Rs 2.1 lakh crore from privatisation, sale of minority stakes in state-owned companies and share buyback by CPSEs.

from Moneycontrol Business News https://ift.tt/36wjXHI

Queen Elizabeth to host Biden before G7 summit in June

Describing it as a "soft power" reception, the Sunday Times said the Queen would be joined by the Prince of Wales, the Duchess of Cornwall and the Duke and Duchess of Cambridge. The palace declined to comment on the report.

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Deal or no deal: Virus aid tests Biden #39;work together#39; plea

A retail politician who never misses a chance for small talk or schmooze, Biden has been penned in somewhat by the pandemic, which limits the face-to-face interactions on which he thrives.

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Sitharaman#39;s #39;Economic Vaccine#39; coming on Monday; Will Budget 2021-22 go beyond #39;bahi-khata#39;?

The budget, economists and experts say, will be the starting point for picking up the pieces after the economic destruction caused by the COVID-19 pandemic.

from Moneycontrol Business News https://ift.tt/2Yz3tdH

Smartphone maker Xiaomi says legal complaint against US to protect its interests

The Defense Department, under the Trump administration in mid-January, added Xiaomi and eight other companies to the list, which requires American investors to divest their holdings in the firms by a set deadline.

from Moneycontrol Business News https://ift.tt/3ai8MUh

Govt may give oilfield in lieu of $1.4 billion it has to pay Cairn, save overseas assets

For a government struggling to find revenue to boost a COVID-19 battered economy, options of appeal against the arbitration award are limited and it may not have the financial bandwidth for such a payout, two sources with knowledge of the development said.

from Moneycontrol Business News https://ift.tt/39xaYIq

UK set to formally apply for trans-Pacific trade bloc membership

The government said joining CPTPP would remove tariffs on food and drink and cars, while helping to boost the technology and services sectors.

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How a guy in his basement helped fuel the GameStop frenzy

A Massachusetts man who goes by “Roaring Kitty” on social media helped fuel the frenzy around GameStop. His $53,000 investment in the company briefly reached $48 million in value.

from Moneycontrol Business News https://ift.tt/3r82dum

FPIs net buyers at Rs 14,649 crore in January

Overseas investors pumped in a net of Rs 19,473 crore into equities but pulled out Rs 4,824 crore from the debt segment between January 1 and January 29.

from Moneycontrol Business News https://ift.tt/2NTLqgf

Pharma wrap: Three more vaccines to be available in India soon

The data from clinical trials of Johnson amp; Johnson and Novavax which were announced this week were also positive, increasing the chances of the vaccine availability. Interestingly both these vaccines will be manufactured in India.

from Moneycontrol Business News https://ift.tt/3r9dXMY

IndusInd Bank – Prudence to support further re-rating

With an undemanding valuation, we see more re-rating ahead for IndusInd Bank

from Moneycontrol Business News https://www.moneycontrol.com/news/business/indusind-bank-–-prudence-to-support-further-re-rating_14729581.html

Nine of 10 most valued firms take over Rs 3.96 lakh crore hit in market cap

In the last week, the 30-share BSE benchmark tumbled 2,592.77 points or 5.30 per ent due to profit-booking ahead of the Union Budget.

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This week in Auto: Fancy a Hero MotoCorp car or three-wheeler?

Here is a complete look at what made headlines during the week

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LT Finance Holdings to launch Rs 2,998.61-crore rights issue on Feb 1

The LT Finance Holdings rights issue will close on February 15, 2021.

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Small midcaps outperform ahead of Budget; support for Nifty at 13,400 going ahead

Experts advise investors to stay cautious and watch out for crucial support placed at 13400 levels. Now, a close above 14000 levels could give bulls some confidence.

from Moneycontrol Market Outlook https://ift.tt/3ag3bxR

Here#39;s what a top PUBG player has to say about FAU-G

Animesh Agarwal, a top PUBG player, believes that it has been a good start for FAU-G and professional gamers can expect improvements to the online game.

from Moneycontrol Business News https://ift.tt/2NJDwFX

GameStop saga: Here#39;s how small investors took on mighty Wall Street

A social media-fuelled frenzy caused a massive surge in the stock price of video game retailer GameStop and caused huge losses to hedge funds, we decode the journey for you.

from Moneycontrol Business News https://ift.tt/3jciuvD

V-shaped recovery, public spending and more: Snapshots of Economic Survey 2021

The Economic Survey 2020-21, authored by a team led by CEA Krishnamurthy Subramanian, was released on January 29. The document details the state of the economy and reforms that should be undertaken to accelerate growth. Here are some snapshots

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IOC to expand Chennai refinery in JV with CPCL; to spend Rs 31,500 cr

IOC holds a 51.89 percent stake in CPCL. The expansion was to originally cost Rs 27,460 crore but is now estimated to cost Rs 31,500 crore. He said the project will be funded in a 2:1 debt-equity ratio.

from Moneycontrol Business News https://ift.tt/3tcUUn4

SBI Life and Escorts among top 5 Budget picks: Kotak Securities Â

The level of 13,700 is significant in terms of Fibonacci retracement support and a level of 50-Days SMA. A relief rally is more likely in the near term.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/sbi-lifeescorts-among-top-5-budget-picks-kotak-securities- _14728381.html

Everything’s a joke until it’s not

Reddit communities grow powerful in plain sight. Why do they keep taking the world by surprise?

from Moneycontrol Business News https://www.moneycontrol.com/news/business/everything’sjoke-until-it’s-not_14728361.html

Is it time to expand maternity leave for adoption of children across age groups?

Women are entitled to maternity leave for adoption, only if the child is below three months of age at that time. This has posed several challenges to women who chose to adopt.

from Moneycontrol Business News https://ift.tt/2MH1lxy

Robinhood: The trading app co-founded by Indian-American caught in GameStop storm

Co-founded by Baiju Bhatt, Robinhood is facing calls for a probe from Elon Musk and others for halting trade in GameStop that set off howls of protest from small traders.

from Moneycontrol Business News https://ift.tt/3puRBVY

Boomers show that age is no barrier for upskilling in India

From photography and video editing to artificial intelligence and machine learning, those over 50 are dabbling in everything. Professionals in the 30-45 age group form the bulk of India’s $2.5 billion online upskilling industry. But industry sources say the above 50-year category saw the fastest growth — a whopping 40 percent — over the last year

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