Business

April 23, 2022 8:24 PM

US markets tumble more than 2.5%

US markets tumbled more than 2.5% yesterday, ensuring the three main benchmarks ended in negative territory for the week, as surprise earnings news and increased certainty around aggressive near-term interest rate rises took its toll on investors. The Dow Jones Industrial Average fell 981 points, or...

April 23, 2022 8:03 PM

Global crude oil prices post weekly loss of nearly 5%

Global crude oil prices posted a weekly loss of nearly 5%, on the prospect of weaker global growth, higher interest rates and COVID-19 lockdowns in China may hurt demand even as the European Union considers a ban on Russian oil that would tighten supply. Brent crude oil future settled at 106.65 doll...

April 21, 2022 8:23 AM

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EPFO adds 14.12 lakh net subscribers in February this year

Employees' Provident Fund Organisation (EPFO) has added 14.12 lakh net subscribers in the month of February this year. The month-on-month comparison of payroll data reflects a slight increase of 31 thousand 826 net subscriber addition in February this year compared to the previous month of ...

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