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- Kohl's ends sale talks with Franchise Group, lowers outlook
This decision from Kohl's comes as its stock price slumps and its sales decline. - Chinese automaker Nio reports record EV sales in June as Covid wave fades, but still lags XPeng and
Nio, XPeng, and Li Auto all reported strong deliveries totals for June as their factories returned to full speed following the latest COVID outbreak. - 5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day. - Op-ed: This 'unfamiliar' type of bond fund may offer opportunities for fixed-income investors
After a recent sell-off, closed-end municipal bond funds now present opportunities for both income and potential share-price growth. - UK-based startup Tevva launches hydrogen-electric truck with 310-mile range
Refilling of the hydrogen tanks will take 10 minutes, company says. - Want to enter D-Street now? Read this before you hop on the buy-on-dip bandwagon
However, if the market corrects further then a gradual increase in allocation towards equities should be done at lower levels which would be beneficial in the long term. So this should not be a one-time activity, but investors should review the markets from time-to time and accordingly make necessary changes. - 93% of FPI selling in last 12 months came from two sectors; any guesses?
The aggregate FPI equity assets stood at Rs 41.5 lakh crore as of June 15, which translated into a 17 per cent holding of aggregate listed Indian equities (Rs 245 lakh crore and is a dip of around 300 basis points from the March 2021 level of 20 per cent). - More pain for rupee likely on India’s trade gap, capital outflow
India’s ballooning trade gap and capital outflows are raising new risks for the rupee, just as the currency’s plunge to a record low adds to inflation woes.“India’s external balances are deteriorating,” economists at Goldman Sachs Group Inc. wrote in a note Thursday, citing the terms-of-trade shock from higher commodities prices and weakening global growth. “Going forward, the trajectory of the rupee is likely to be pushed weaker versus the dollar on account of the deteriorating external balance - Rupee weakens beyond 79 per dollar to hit record low, seen falling more
The dollar was little changed against major peers but was on track for its best week in four as investors weighed the boost from tighter Federal Reserve policy and the risks of recession. - No longer a meme stock? ITC may hit fresh 52-week highs in 1-2 months
For more than 2 decades, ITC has been in a price-wise to time-wise correction and from there it got its tag of meme stock on social media. But, the last year has been very different amid the strong price action as well as brokerage upgrades. - How To Make Your Construction Company Greener
Through careful planning, the use of modern equipment and exacting operations that don’t need to be repeated, your business can save time, resources and money. -
Bharat Oman Refineries amalgamates with BPCL
BORL is of strategic importance to BPCL in its efforts to meet the demand for petroleum products in the hinterland -
Manufacturing recovery extends to June, but growth eases to 9-month low
India’s June PMI Manufacturing came in at 53.9, lower than 54.6 in May: S&P Global -
NTPC Ramagundam commissions India’s largest floating solar park
1.65 lakh tonnes of coal consumption 2.10 lakh tonnes of CO2 emissions can be avoided annually -
Hexnode to hold three-day HexCon22 event from Sept 21-23
The event would feature speakers from various verticals, endpoint management and cybersecurity -
GST collections up 56% to ₹1.44 lakh crore in June
GST revenue for May stood at nearly ₹1.41 lakh crore -
Turf Authorities of India welcomes GST Council deferring decision to levy GST on value of b
Says GoM should consider the fact that horse racing and equestrian breeding will suffer irreversible damage, if the proposed GST is imposed -
SEBI slaps penalty on Kotak AMC, employees
The case pertains to delayed payment in FMP scheme after it matured in 2019 -
Google updates Password Manager for Android and Chrome
Google allows users to add shortcuts to Google Password Manager on Android -
Moj launches live video streaming platform Moj LIVE
The platform will enable creators to showcase their talent and engage with their users in real-time. -
E-commerce firms laud GST Council’s move to relax registration norms for MSMEs
The move will be an enabler for millions of small units, including artisans, boutiques and mom-and-pop stores, said Vidit Aatrey, Founder & CEO, Meesho -
Banned on WhatsApp? Here is how to appeal
Over 16 lakh accounts banned in April 2022 -
SBI in a position to cater to all kinds of growth requirements: Chairman
Gold loan portfolio crosses ₹1-lakh crore, launches a host of customer initiatives -
Crisil retains GDP growth forecast at 7.3% with downside risks for FY23
CPI inflation expected at nine-year high of 6.8 per cent this fiscal -
Watch | Explained: Has GST delivered on its promises?
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Skoda Auto’s January-June 2022 sales surpasses that for the whole of 2021
New launches such as the Kushaq and Slavia power sales in first half of the year -
Podcast | Maharashtra Politics: The road ahead
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Making me CM is masterstroke of Devendra Fadnavis: Eknath Shinde
Shinde said the previous stint of Fadnavis as chief minister will come in handy as he leads the state -
Modi to kick off 125th birth anniversary fete of freedom fighter Alluri Sitarama Raju on Ju
He will also inaugurate the Digital India Week 2022 in Gandhinagar, Gujarat -
BJP’s Trojan horse politics: Why does Eknath Shinde matter?
BJP’s plan is to promote Eknath Shinde camp as the “real Shiv Sena” -
Our vision is to build an integrated tech stack for travel and hospitality: RateGain Founde
The company plans to launch a virtual bot to help improve customer engagement -
Govt to review new taxes levied on crude, diesel, ATF every fortnight: FM
The Centre on Friday slapped an export tax on petrol, diesel and jet fuel -
Monsoon may cover entire country by middle of next week on time
To make good the nagging lag during the initial phase in the first month of June -
Russian firm evinces interest in bio-capsule developed by Indian Institute of Spices Resear
Lysterra LLC is the first foreign company to commercialise the technology from IISR, says Institute’s Director -
Centre gives nod to set up Financial Services Institutions Bureau for board-level appointme
Former Banks Board Bureau Chairman Bhanu Pratap Sharma to be the first Chairman of the entity -
Right time to open FD with SBI? Click to know interest rates
Below are State Bank of India’s revised fixed deposit rates -
Spices quality evaluation lab, training centre to come up at Guwahati
Assam government, Spices Board to jointly establish the facilities -
Digital payments remain strong in June
UPI transaction value at over ₹10-lakh crore -
Empowering tribal farmers in organic farming, the Aslwamitra way
The Bengaluru-based firm provides organic millets, turmeric seeds to farmers and gets them back as payment to propagate them among other farmers -
Commercial 19-kg LPG cylinder price slashed by ₹198 in Delhi
Earlier, the price of a 19-kg cylinder was reduced by ₹135 to ₹2,219 on June 1, 2022 -
NFT marketplace OpenSea reports email data breach
OpenSea warns users of email phishing -
Govt slaps export tax on petrol, diesel; windfall tax on domestic crude oil
The tax on exports follows oil refiners, particularly the private sector, reaping huge gains from exporting fuel to markets such as Europe and the US. -
Tribunal allows Hero MotoCorp to use 'Hero' trademark for its EVs
Electric two-wheeler maker Hero Electric had sought an injunction against Hero MotoCorp using the 'Hero' trademark for its electric vehicles -
Hero MotoCorp allowed to use ‘Hero’ trademark for its EVs
An Arbitration Tribunal has found the case of Hero Electric ‘unmerited’ -
Watch | The Indian migration story: Destinations, drivers and its effect on the economy
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Reliance Industries stock tumbles nearly 9% on ‘export tax’
Shares of ONGC also tanked 11% to ₹134.60 apiece -
Ladies’ Tailor: A Partition tale of falling apart and coming together
Priya Hajela in her gripping novel about refugees, recreates an authentic imagery of the places, food, culture, dress, and social mores in the ‘40s and ‘50s in the subcontinent. -
Kerala Startup Mission, Central University mull tie-up to strengthen start-up ecosystem
MoU for setting up Incubation Centre at varsity on cards -
Facebook tests NFTs with select users: Report
Mark Zuckerberg earlier hinted testing NFTs on Facebook -
Leo Burnett bags creative mandate of PepsiCo India
The snacks and beverage major recently ended its 30-year-old partnership with WPP
