A second wave of coronavirus infections in India and new restrictions imposed to contain this surge pose a credit-negative threat and risks weakening the country's economic recovery, Moody's Investors Service said. "The (second wave)...

Power usage in the country grew nearly 47 per cent in the first week of April to 28.34 billion units (BU) over the consequent period a year ago, showing strong recovery in industrial and commercial demand of electricity, as per power ministry...

Even as the second Covid-19 wave threatens to weaken demand and hurt sales, corporate earnings for the January-March period will surge, thanks largely to a helpful base. But the numbers are expected to be reasonably good even after adjustments to...

Foreign portfolio investors (FPIs) have withdrawn a net ₹929 crore from Indian markets so far this month amid the concerns over rising Covid-19 cases denting the economic recovery. The reversal of buying trend came after FPIs invested ₹17,304...

The finance Ministry has requested the Union Home and Health Ministries to enable Covid-19 vaccination on “priority basis” to bank staff and National Payments Corporation of India (NPCI) employees regardless of age, who are on the...

The rupee fell for the fourth straight session and settled at 11 paise down at 74.58 (provisional) against the US dollar on Thursday amid fears that a rapid resurgence of Covid cases in the country can disrupt the economic recovery. At the...

Hiring activities rose marginally with job listings rising to 2,436 in the month of March compared to February this year, according to a report. The increase of three per cent in job listings on a month-on-month basis was mainly led by the...

Modern day corporate realm is a very unforgiving market segment that is making it harder for many businesses to get a clear advantage over the rest of the competition over a sustained period of time. One of the primary reasons behind this is the...

The country's largest lender State Bank of India (SBI) and the umbrella body of retail and digital payments National Payments Corporation of India (NPCI) have joined hands to launch a dedicated campaign to focus on deepening the reach of UPI...

ReNew Power Pvt., one of India’s largest renewable power producers, plans to invest $9 billion in wind and solar projects through 2025 among a government-backed effort to trim down emissions. The firm, backed by investors such as...