China factory activity rises but analysts warn of 'fragile recovery'

The Purchasing Managers' Index (PMI), a key gauge of manufacturing activity, grew more than expected to 51.9 -- from 50.6 in February -- according to the National Bureau of Statistics, with production accelerating after the holiday lull and major economies abroad also recovering from coronavirus slowdowns. from News-Economic Times https://ift.tt/3sEEG...

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West Bengal elections 2021: TMC claims police forces from BJP-led states will terrorize voters

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Buy or Sell: Stock ideas by experts for March 31, 2021

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India's global role in addressing pandemic demonstrates PM Modi's Atmanirbhar Bharat vision: Shringla

“The COVID-19 crisis has demonstrated that the rise of India as an Atmanirbhar partner is good for the world. In this environment, we expect to see more global players cooperating with their Indian counterparts in the pharma and healthcare sectors. This is likely to go beyond shifting parts of supply chains to India,” Shringla said. from News-Economic Times https://ift.t...

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Aegon Life rolls out ‘Work from Anywhere’ policy for all employees

“We have always held the belief that people are our key assets and emphasised the need for the right practices that can empower our people. The WFA policy that we have introduced upholds this belief,” Sunita Rath, chief people officer at Aegon Life, told ET. from News-Economic Times https://ift.tt/3fsvs...

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An unwelcome prank: Volkswagen purposely hoodwinks reporters

Volkswagen admitted Tuesday that it had put out a false news release saying that it had changed the name of its U.S. subsidiary to "Voltswagen of America" in an attempt to be funny and promote a new electric utility vehicle. from News-Economic Times https://ift.tt/3rBB1...

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Tamil Nadu polls 2021: EC asks A Raja to explain stance on his remarks on CM Edappadi Palaniswami's mother

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Digital outage hits HDFC Bank customers again

In December 2020, the RBI had barred HDFC Bank from new digital launches and issuance of fresh credit cards until it addressed its digital issues. The RBI had also asked the bank’s board to identify lapses and fix accountability. from Stocks-Markets-Economic Times https://ift.tt/2PkJG...

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Pine Labs eyes US IPO in 2022 with $5bn valuation

Pine Labs, which provides digital payments and commerce solutions to merchants, has started working towards an IPO by March 2022 in the US, sources aware of the matter said. from Stocks-Markets-Economic Times https://ift.tt/2O6XX...

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SGX Nifty down 10 points; here's what changed for market while you were sleeping

Most Asian markets opened higher on Wednesday, as global financial shares retraced some of their recent losses, driven in part by higher bond yields, and investors awaited a closely watched Chinese factory activity survey. In early Asian trade, Australian S&P/ASX 200 index rose 0.84 per cent, Korea's Kospi added 0.64 per cent while Hong Kong's Hang Seng index were up 0.23...

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Andhra Pradesh: Massive fire breaks out at a hotel in Kurnool, no casualties reported

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UN experts call for unhindered access for fact finding mission in Xinjiang

Several experts appointed by the Human Rights Council said they had received information that connected over 150 domestic Chinese and foreign domiciled companies to serious allegations of human rights abuses against Uyghur workers. from News-Economic Times https://ift.tt/39u1d...

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US: Antony Blinken ends Trump rights plan promoting conservative agenda

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All 36 Rafale jets to be handed over to India by 2022: French Envoy

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Asian stocks poised for first monthly loss since October

MSCI's broadest index of Asia-Pacific shares outside of Japan climbed for a fourth consecutive day to a one-week high of 682.36 points. from Stocks-Markets-Economic Times https://ift.tt/39whU...

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Stocks in the news: IDFC First Bank, IRB Infra, L&T, DRL & UltraTech Cement

IDFC First Bank said it has fixed the floor price at Rs 60.34 for the Rs 3,000 crore qualified institutional placement (QIP) issue. from Stocks-Markets-Economic Times https://ift.tt/31AuZ...

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HDFC Securities users face stock quote mismatch

HDFC Securities customers have been complaining of a mismatch between stock quotes displayed by the mobile application and those available online. There have also been instances of distorted portfolio valuation numbers experienced by the stock broker’s customers. from Stocks-Markets-Economic Times https://ift.tt/3djW4...

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Top brokerage says Covid surge may increase risks for banks

​​The brokerage has highlighted risks emerging for AU Small Finance Bank and RBL Bank which have a high proportion of loans to small enterprises and micro finance. from Stocks-Markets-Economic Times https://ift.tt/3sxAE...

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Learn with ETMarkets: Who are the Hedgers and Speculators?

​Hedging is the act of managing price risk where the objective is to protect oneself against a loss. Speculation is basing a buying or selling decision more on hope rather than on time-tested reasoning for making gains. from Stocks-Markets-Economic Times https://ift.tt/3wbhk...

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Key indicator hinting at strength in midcap stocks

The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average. Historically since the advent of Nifty Midcap 100 in January 2001, the index has seen a golden crossover on weekly charts only on two instances. The first time was in January 2010 and the second time in May 2014. from Stocks-Markets-Economic Times http...

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Payment companies face tighter RBI norms

To submit compliance certificates twice a year, confirming adherence to data storage norms from Stocks-Markets-Economic Times https://ift.tt/3cBzP...

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Covid Live Updates: Gujarat announces night curfew in four cities

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Latest News Live: Bombay High Court to hear Param Bir Singh’s plea today

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Buy or Sell: Stock ideas by experts for March 30, 2021

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China's parliament approves Hong Kong electoral system reform plan: SCMP

The National People's Congress Standing Committee approved the plan by a vote of 167-0, the paper said, citing comments from Tam Yiu-chung, who represents Hong Kong on the committee. from News-Economic Times https://ift.tt/3dizA...

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Maharashtra: Four cops injured in clash at Nanded Gurudwara

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Kim Jong Un's sister calls South Korean President 'a parrot raised by America'

Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un, issued the latest verbal salvo after South Korean President Moon Jae-in criticized the North's ballistic missile launches last week. She said Moon's "illogical and brazen-faced" comments echoed the U.S. stance. from News-Economic Times https://ift.tt/31xIi...

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Thousands flee Myanmar airstrikes, complicating crisis

The weekend strikes, which sent ethnic Karen people seeking safety in Thailand, represented another escalation in the violent crackdown by Myanmar's junta on protests of its February 1 takeover. from News-Economic Times https://ift.tt/3rAnv...

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Myanmar crackdown death toll passes 500

The grim toll was passed as world powers ramped up their condemnation of the military's ruthless campaign against the movement demanding the restoration of democracy and release of Suu Kyi. from News-Economic Times https://ift.tt/3cBdq...

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Joe Biden unveils plans for US vaccination expansion

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SGX Nifty up 10 points; here's what changed for market while you were sleeping

Asian shares were trading flat to positive on Tuesday as investors shook off earlier worries about a hedge fund default that roiled global banking stocks overnight, while rekindled concerns about inflation pushed bond yields higher. Hong Kong's Hang Seng rose 0.3 per cent to 28,433.19, Korea's Kospi added 0.5 per cent to 3,050.83. Japan Nikkei edged 0.08 per cent lower at...

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View: Archegos greed got the better of Wall Street

Bill Hwang’s investment firm, which ended up having to meet one of the largest margin calls on record, was a disaster waiting to happen. from Stocks-Markets-Economic Times https://ift.tt/3m1JB...

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Stocks in the news: Nazara, Dr Reddy's, Vi, Adani Transmission & Manappuram Finance

Here are a few stocks which may buzz the most in today's trade. from Stocks-Markets-Economic Times https://ift.tt/3wdXE...

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Minority shareholders should ink pacts for board seat in investee co: Experts

Minority shareholder is widely referred to as someone who owns less than 50% of the total voting rights of a company or someone who owns less than the majority shareholder. On the other hand, a small shareholder is someone who holds shares worth at least Rs 20,000. from Stocks-Markets-Economic Times https://ift.tt/2PJCz...

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Morning Brief: IT's Party Time: How is IT sector thriving in an economy hit by Covid-19?

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India pushes ahead with coronavirus vaccination drive to head off new surge

After a slow start, India is picking up the pace of its immunisation campaign, simplifying the process, opening more vaccination centres and turning to social media as it tries to head off a new surge in infections that has brought the highest tallies of daily cases and deaths in months. from News-Economic Times https://ift.tt/3dk7h...

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Sharp virus surge, rising risk of renewed lockdowns throw India's steady recovery in doubt

While RBI Governor Shaktikanta Das has said he doesn’t see any immediate threat to activity, economists see a bumpy road ahead given that Maharashtra, which contributes 14.5% to the country’s GDP, is among the worst hit and accounts for the majority of cases. The state has imposed a night curfew to tamp down cases that have been rising. from News-Economic Times https://i...

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Watch: Massive fire envelops Rajasthan’s forest

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Tamil Nadu polls 2021: IT dept seizes 1 crore from residence of AIADMK MLA’s driver

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Bengal Elections 2021: Nandigram not an easy battle for Mamata Banerjee or Suvendu Adhikari

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Billions in secret derivatives at centre of Archegos blowup

The idea that one firm can quietly amass outsized positions through the use of derivatives could set off another wave of criticism directed against loosely regulated firms that have the power to destabilize markets. from Stocks-Markets-Economic Times https://ift.tt/39r5z...

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Peak margin norms hit cash & futures volumes as traders go for options

The new system has been adopted over four phases. In the first phase from December 1, the investors were asked to keep 25 per cent of the peak margin available with the broker while from March 1, the margin requirement will be increased to 50 per cent. from Stocks-Markets-Economic Times https://ift.tt/3m1Ho...

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Bank Nifty’s underperformance likely to end

Analysts also expect the Bank Nifty to reverse its recent underperformance versus the Nifty in the near term. IT, Pharma, financials and FMCG are expected to outperform in the short term, they said. Indian markets were closed Monday on account of Holi. The index ended up 182.4 points, or 1.3 per cent, to close at 14,507.30 on Friday. from Stocks-Markets-Economic Times ht...

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Coronavirus Live Updates: Hotel Taj in Rishikesh closed for 3 days after 76 people found COVID-19 positive

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Paris court convicts, fines French pharmaceutical company for deadly diet pill

The huge trial was spread over 10 months in 2019 and 2020, and nearly 400 lawyers worked on the case. Exceptionally, the Paris tribunal was also connected by video link Monday to a courthouse in Montpellier, southern France, so dozens of plaintiffs there could also see the delivery of the verdict. from News-Economic Times https://ift.tt/31BXb...

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US stocks slump as Nomura, Credit Suisse warn of big losses after Archegos share dump

Losses at Archegos Capital Management, run by former Tiger Asia manager Bill Hwang, had triggered a fire sale of stocks on Friday from Stocks-Markets-Economic Times https://ift.tt/39qIO...

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US Vice President Kamala Harris extends greeting on Holi

Harris said: "Happy Holi! Holi is best known for vibrant colors that are tossed at friends and loved ones. Full of joy, Holi is all about positivity, setting aside our differences, and coming together. A message that's been embodied by communities across the world during these tough times." from News-Economic Times https://ift.tt/3ddnU...

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Modi doesn’t have finger on Tamil Nadu’s pulse; no talks with BJP: Dhinakaran

Dhinakaran is the nephew of VK Sasikala, former chief minister J Jayalalithaa's close aide. He was at Pollachi in Coimbatore district on Sunday, to campaign for the assembly polls on April 6. from News-Economic Times https://ift.tt/3cxng...

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'Festival of joy, happiness and laughter': PM Modi extends Holi wishes

However, public celebrations in most states across the country have been prohibited amid the recent surge in COVID-19 cases. from News-Economic Times https://ift.tt/3w1VX...

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Czech Lab discovers new COVID-19 mutation

"Thanks to the sequencing of samples from patients with SARS-CoV-2 infection, our laboratory discovered a hitherto undescribed mutation of the spike protein," the lab said. from News-Economic Times https://ift.tt/3ctG7...

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