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Archive for January 7th, 2022

Magnitude 6.3 earthquake strikes China: EMSC

Friday, January 7, 2022 23:50

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FM Nirmala Sitharaman reviews progress on planned mega LIC IPO

Friday, January 7, 2022 23:45

Given the mega initial public offer (IPO) of Life Insurance Corporation (LIC) scheduled to hit the market before March 31, finance minister Nirmala Sitharaman on Friday reviewed the progress in preparations with senior officials. “Union finane minister Smt. @nsitharaman reviewed progress of the LIC IPO in New Delhi today (Friday) in ...

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India, China to hold top military talks on January 12

Friday, January 7, 2022 23:39

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NMDC Rating ‘Buy’; Demerger of steel unit key trigger for stock

Friday, January 7, 2022 23:30

NMDC announced a reduction in iron ore prices by Rs 300–500/t in December end, driven by a consistent decline in domestic pellet prices. The price of fines is down by Rs 500/t, with the price of lumps/DR-CLO having been reduced ...

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Covid-19: Home quarantine for international arrivals from January 11

Friday, January 7, 2022 23:00

In view of the rise in Covid-19 cases worldwide and emergence of the Omicron strain, the union health ministry on Friday revised the guidelines for all international arrivals from January 11. All travellers will undergo home quarantine for seven days and have to undertake RT-PCR test on the eighth day ...

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IT sector: Healthy growth likely in a weaker season

Friday, January 7, 2022 23:00

Despite seasonal weakness, we expect IT firms to deliver 3-3.9% q-o-q cc growth driven by deal ramp-ups. We expect aggregate margins to see a decline of 20bps q-o-q, due to supply side pressures. We believe Wipro/HCL Tech will lead on ...

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S’wood actresses’ most alluring bridal attires

Friday, January 7, 2022 23:00

Nayanthara to Madonna- Most alluring bridal attires

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Holding Up: Digital spends little impacted by Covid curbs

Friday, January 7, 2022 22:50

Spending on goods and services weakened marginally in the first week of January amid a fresh surge in coronavirus infections and the clamping of some mobility restrictions by states and local authorities. According to data released by the Reserve Bank of India (RBI), the value of digital transactions made through the ...

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Telecom Package: Bharti not to avail option of converting interest on dues to equity

Friday, January 7, 2022 22:45

After availing the option of the four-year moratorium on payment of adjusted gross revenue (AGR) and spectrum dues, Bharti Airtel on Friday told the Department of Telecommunications (DoT) that it will not go for conversion of the interest component into equity. Under the telecom reforms package announced in September 2021, ...

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Advance estimate: GDP likely to grow 9.2% in FY22

Friday, January 7, 2022 22:45

India’s real gross domestic product (GDP) will likely grow 9.2% in FY22 upon last fiscal’s sharply-contracted base and exceed the pre-Covid (FY20) level by just 1.3%, according to the first advance estimate released by the National Statistical Office (NSO) on Friday. The statistical body seems to have refrained from bold projections ...

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