Business

February 27, 2022 8:43 AM

Govt permits up to 20% FDI under automatic route in LIC

Government has permitted up to 20 percent Foreign Direct Investment (FDI) under automatic route in Life Insurance Corporation of India (LIC) with an aim to facilitate disinvestment of the country's largest insurer. Sources said that the decision in this regard was taken by the Union Cabinet...

February 24, 2022 9:44 PM

Stock markets around the world tumble as Russia attacks Ukraine

The Stock, bond and commodity markets around the world have been rattled after Russia declared war on Ukraine sending stocks tumbling and crude oil prices surging.  The Indian stock market today saw the biggest fall in two years. Benchmark indices declined for the seventh consecutive trading session...

February 24, 2022 7:38 PM

Moody's raises India's growth forecast to 9.5% for 2022

American credit rating agency, Moody's Investors Service has raised India's growth forecast to 9.5 per cent from 7 per cent for the calendar year 2022. The agency today revised its growth projection for India citing a stronger-than-expected economic recovery from the national lockd...

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