As the second wave of Covid infections grip several states in the country, what does it look like for the retail sector? In February, as Covid infections dropped from the September 2020 levels, the Indian retail sector heaved a sigh of relief as sales figures came in. The Retail Business Survey showed that February sales …
April is the time for all companies to not only understand the performance of companies but also the time for companies to share the amount of stake their shareholders own in the company. Rakesh Jhunjhunwala commonly known as the Warren Buffet of India has raised his stake in Fortis Health from 3.97% in Q3 to …
After a lull of several months when Covid-19 cases had seen a considerable decline, the active cases have been on the rise again, with February 21 registering 14,199 new cases. New cases had hit a low of 9,121 on February 16. Fears of a second wave and increased restrictions have dragged the stock market down, …
India is in the grip of the second wave of the pandemic, as several states register unprecedented peaks in terms of fresh cases and death tolls. On Thursday, India recorded nearly two lakh cases; the country has been seeing cases upwards of 1.5 lakh every day over the past nearly one week before April 15 …
The BSE Sensex has seen a comeback by adding more than 500 points in the early hours of trade on Tuesday, April 20, gaining a little over 1 per cent. The broader benchmark index Nifty also traded over 1 per cent higher at 14,500-levels. This regaining of lost ground comes after the Sensex and Nifty …
Stock indices globally saw fresh highs, including Wall Street and India’s own Dalal Street, as reflation trade has gathered pace. Reflation trade happens when there is the prospect of growth following a badly hit economic loss. The reasons for the reflation push include positive developments such as the coronavirus vaccine rollouts progressing, the hope of …
A year after the first wave of the coronavirus pandemic hit the country, the daily increase of Covid-19 cases has touched nearly a lakh. Overall, India’s coronavirus cases have increased to nearly 12.7 million, according to the Ministry of Health and Family Welfare. Active cases are now geared to touch the eight lakh mark. The …
One of the biggest casualties of the coronavirus pandemic in March 2020 was the aviation sector. As country after country imposed restrictions on international flights to curb the spread of the virus, the aviation sector began to feel the pinch. According to the International Air Transport Association (IATA), air traffic demand for international travel dropped …
India’s inflation has been a cause for concern, according to a recent Moody’s Analytics report which says inflation is “above comfort levels” in India. The report also noted that Asian economies barring China have shown some sort of inflation-related worries. Moody’s Analytics further noted that the rise in retail inflation to 5 per cent in …
As an increasing number of people move online for work, play and transactions, cases of data leaks have also increased. Just recently, data of 553 million Facebook users from across the globe including India were leaked; details such as Facebook ids, phone numbers, email addresses, personal information such as dates of birth were leaked. Over …
