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India must phase out its coal-fired power plants by the middle of this century to achieve net-zero greenhouse gas emissions by that time, according to a new report on the challenges that’ll be posed in setting more ambitious climate targets.The n ...
The Indian markets jumped for the third straight day on Wednesday as bond yield pressure eased and investors increased bets on a quicker economic revival, with vaccination progress and stimulus measures underpinning sentiment.Posting its biggest sing ...
A sharp surge in bond yields coupled with rising commodity prices have come back to haunt equity markets, with most analysts expecting a limited upside for the equity markets from here on.On Friday, Asian stocks traded sharply lower after Wall Street ...
Tata Steel, the country’s oldest steel producer, reported a consolidated net profit of Rs 3,698 crore in the December quarter as against a loss of Rs 1,029 crore in the corresponding period last year on the back of increased revenue, which was aide ...
Markets wealth has been soaring at the bourses as the Budget gave the necessary booster shot to a dilapidated Indian economy. Laced with infrastructure programmes, privatisation proposals, nod to public sector banks’ recapitalisation, and no change ...
The 15th Finance Commission, headed by N K Singh, has suggested that the 12 per cent and 18 per cent slabs under the Goods and Services Tax (GST) be merged into one standard rate, and GST be rationalised to a three-rate structure, complemented by the ...
InterGlobe Aviation, which operates the country’s largest domestic airline IndiGo, reported a net loss of Rs 620 crore in the third quarter of pandemic-struck 2020-21 financial year, against a net profit of Rs 496 crore in the year-ago period.This is ...
Traders are likely putting their trust in the Federal Reserve to provide the next spur to an emerging-market rally that may be showing signs of fatigue.With Friday's declines delivering a week-ending jolt to the bulls, some of the warning signs too ...
Tycoon Mukesh Ambani's Reliance Industries Ltd has finished side project of the association's oil-to-synthetic business into another unit that will help it seek after development openings with vital organizations, the organization has said.The oi ...
The IPO fever whipping up animal spirits in the stock market has spilled over into the crypto-sphere.After watching investors pour millions into blank-check companies and seeing the likes of JFrog and Snowflake surge on market debuts, at least eigh ...