Business

January 28, 2021 2:38 PM

IMF revises growth projection for India to 11.5 per cent in 2021

International Monetary Fund, IMF projected an 11.5 per cent growth rate for India in 2021. It makes India only major economy of the world to register double-digit growth this year amidst the coronavirus pandemic. With the latest projections, India regains the tag of the fastest developing economies ...

January 28, 2021 2:38 PM

Cabinet approves MSP of copra at Rs 10,335 per quintal for 2021 season

Cabinet Committee on Economic Affairs has approved Minimum Support Price (MSP) of copra at Rs 10,335 per quintal for 2021 season which is an increase of Rs 375 over 2020 rates. Briefing the media in Delhi, Union Minister Prakash Javadekar said this will benefit millions of farmers engaged in copra f...

January 27, 2021 5:42 PM

3 major US stocks fell marginally from record closing levels

The three major US stocks fell marginally yesterday from record closing levels as investors digested a batch of corporate earnings results. An expected policy announcement from the Federal Reserve on Wednesday helped to limit the losses.   The Dow Jones Industrial Average, the S&P 500 and th...

January 23, 2021 7:35 PM

Dow and S&P 500 witness modest losses

The Dow and S&P 500 witnessed modest losses yesterday amid losses in leading blue-chip technology companies like Intel and IBM.   IBM Corp plunged around 10 percent and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue as sales declined in i...

January 21, 2021 8:13 AM

EPFO adds around 10.11 lakh net subscribers in November 2020

The provisional payroll of EPFO released yesterday revealed that it has added around 10.11 lakh net subscribers in November last year. Despite the Covid-19 pandemic, EPFO has added around 45.29 lakh net subscribers base in the current financial year - from April to November, 2020. The data published...

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