Business

[ad_1] NEW DELHI: Negative oil prices, ships lost at sea with unwanted cargo, and merchants getting creative about where to store oil. The next chapter of the oil crisis is now inevitable: large sectors of the oil industry are about to begin to close. The economic impact of the coronavirus …

[ad_1] It’s been a while since we’ve been trapped at home amid a national blockade. The end of this self-imposed isolation is yet to be seen. While we stay home to flatten the curve and save lives, how do Indians deal with all this? Are you anxious? They are worried? …

[ad_1] Mindtree Ltd impressed the street with better-than-expected performance in the March quarter. It reported consistent sequential growth in foreign exchange earnings of 1.9% and an expansion of 150 basis points in operating profit margins. With much higher growth than their larger peers, investors raised shares by 13% on Monday. …

[ad_1] Mumbai Private sector lender IndusInd Bank on Monday reported a net profit of ₹Rs 301.84 million for the three months to March, a decrease of 16% year-on-year (year-on-year), due to higher provisions. The bank’s total provisions increased 56% year-on-year to ₹2,440 crore in the March quarter. His earnings were …

[ad_1] Indian Railways is ready to obtain a new 9000HP WAG-9HH electric locomotive that was manufactured at Chittaranjan Locomotive Works (CLW). The locomotive has successfully passed the swing and EBD test conducted by the Research Design and Standards Organization (RDSO). RDSO has issued the final speed certificate for the operation …

[ad_1] The BS6 Mahindra Alturas G4 continues to face the Ford Endeavor, Toyota Fortuner and Isuzu MU-X in the Indian market. Mahindra finally launched the BS6-compliant version of its flagship 7-seater SUV offering in India – the Alturas G4. The updated car price was Rs 28.69 lakh (ex-showroom) onwards, meaning …

[ad_1] 3. Coming Soon: Government Guarantee on Small Business Loans? India is considering a proposal to guarantee as much as Rs 3 lakh crore ($ 39 billion) of loans to small businesses as part of a plan to restart Asia’s third-largest economy, which is teetering under the impact of a …

[ad_1] There is no trend, exactly, other than this: people want comfort. They also want to eat their way to stronger immune systems. They are stressed when baking, but they also eat healthier than they would in restaurants. Avocados are inside. The pork is outside. Frozen pizzas and instant noodles …

[ad_1] NEW DELHI: Equities indices rose on Monday with benchmark BSE sensex rising more than 600 points in opening trade led by gains in banking, automotive and pharmaceutical stocks amid positive global signals. The 30-share BSE index rose 630 points or 2.01 percent to 31,958; while the broader NSE Nifty …

[ad_1] Mumbai: The capital markets regulator and RBI went into action over the weekend to assess the damage and contain the consequences of Franklin Templeton’s decision to close six debt funds. To encourage banks to lend more, the RBI can modify rules that limit the amount it absorbs from banks …