Business
Best of BS Opinion: Strategy for GST reforms, unambiguous commitment, more
Illustration: Binay Sinha 2 min read Last Updated : Oct 10 2024 | 6:30 AM IST The Monetary Policy Committee (MPC) of the Reserve Bank of…
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Stocks to watch: SGX, Metro, NeraTel
THE following companies saw new developments that may affect trading of their securities on Thursday (Oct 10): Source link
Business
Online shopping returns to growth in Europe amid fierce competition
RECOVERING consumer confidence has boosted online shopping in Europe this year, industry group Ecommerce Europe said on Wednesday (Oct 9),…
Business
Developing-world stocks suffer biggest two-day loss since August
EMERGING-MARKET (EM) stocks fell for a second day as concerns mounted over China’s response to the weakness in the world’s number two…
Business
Nearly 50,000 internship opportunities posted on portal: MCA officials
Illustration: Ajay Mohanty 3 min read Last Updated : Oct 10 2024 | 1:03 AM IST Three days before it is opened for applicants, the…
Business
RBI shifts stance, hints at rate cut as Fed and ECB ease policies
1 min read Last Updated : Oct 10 2024 | 12:36 AM IST There is a lot of action among leading central banks with the US Federal Reserve and…
Business
RBI's shift to neutral stance suggests rate cut likely in December
3 min read Last Updated : Oct 10 2024 | 12:28 AM IST Ahead of the October meeting of the Monetary Policy Committee (MPC), uncertainty ran…
Business
Beyond business: How Ratan Tata batted for Indian startup ecosystem
Ratan Tata (Credit: @RNTata2000) 4 min read Last Updated : Oct 10 2024 | 1:13 AM IST Tata Sons’ Chairman Emeritus Ratan Tata was known as…
Business
Chinese stocks suffer biggest drop since 2020 on stimulus skepticism
Stock investors have looked for greater fiscal spending to arrest a slowdown. | File Photo: Bloomberg 5 min read Last Updated : Oct 10…
Business
UBS Group buys IDFC shares worth Rs 88 cr through open market transaction
The shares were acquired at an average price of Rs 107.92 apiece. | Photo: Shutterstock 2 min read Last Updated : Oct 09 2024 | 10:38 PM…
Business
Roche will boost in-China production for local market: CEO
ROCHE Holding will add manufacturing capacity in China to serve the country’s growing market, making it the latest pharmaceuticals giant…
Business
Garuda Construction IPO gets subscribed 4.1 times on 2nd day of offer
The company has fixed a price band of Rs 92-95 per share. | Photo: Shutterstock 2 min read Last Updated : Oct 09 2024 | 7:48 PM IST The…
Business
US: Stocks steady ahead of Fed minutes
Wall Street’s main indexes were little changed at the open on Wednesday (Oct 9) as investors awaited the minutes of the Federal Reserve’s…
Business
Demat account tally tops 175 mn; rises by 4.4 mn in September 2024
2 min read Last Updated : Oct 09 2024 | 6:43 PM IST The number of dematerialised (demat) accounts — used for holding shares and other…
Business
Mizuho buys ‘safe’ assets on risk that US soft landing fails
MIZUHO Financial Group is preparing for short-term market disruptions if investors’ predictions of a soft landing in the US prove wrong,…
Business
Kiwi falls after hefty rate cut, US dollar edges up
THE New Zealand dollar slumped on Wednesday (Oct 9) after the country’s central bank cut interest rates by 50 basis points, while the US…
Business
60% of unicorn founders in India are first time founders, says study
2 min read Last Updated : Oct 09 2024 | 5:50 PM IST The majority of unicorn startup founders in India are first-time founders, according…
Business
Tesla’s China-made EV sales grow 19.2% y/y in September
SALES of US automaker Tesla’s China-made electric vehicles rose 19.2 per cent in September from a year earlier, data from the China…
Business
Google Deepmind CEO Hassabis among 3 winners of Nobel Prize in Chemistry
Nobel Prize Chemistry 2024: David Baker, Demis Hassabis and John Jumper. (Credit: Nobel Prize Outreach) 2 min read Last Updated : Oct 09…
Business
Nvidia CEO says ‘reasoning’ AI will depend on cheaper computing
NVIDIA chief executive officer Jensen Huang said that the future of artificial intelligence will be services that can “reason,” but such a…
Business
Cash still king for Swiss businesses, central bank survey shows
CASH is still the most accepted payment method for Swiss businesses, the Swiss National Bank (SNB) said on Wednesday (Oct 9), despite…
Business
MMC Port said to be weighing mega Malaysia IPO valued at up to RM7 billion
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanes MMC Port Holdings has been considering an…
Business
DBS head of institutional banking group in Hong Kong to depart
DBS Group Holdings’ head of institutional banking group Hong Kong, Wallace Lam, will be leaving South-east Asia’s biggest lender,…
Business
China leads Asian stocks lower on weak stimulus
CHINESE equities were standout underperformers in Asia on Wednesday (Oct 9) as traders weighed weak economic data and Beijing’s reluctance…