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market update arrow Coronavirus LIVE: PM Modi interacts with doctors on their learnings arrow Cyclone Tauktae LIVE updates: Mumbai airport to remain shut till 8 pm arrow Tauktae: Offshore oil fields barges, but all 261 onboard safe, says ONGC arrow Industrialist Siddharth Shriram passes away at 76 due to coronavirus arrow India's cases decline but WHO expert says positive tests ominously high arrow AT&T to shed media assets, combine them with Discovery for $43 billion arrow SBI, HDFC Bank: Here is why bank stocks rallied up to 7% on Monday arrow DRDO releases anti-Covid drug; reduces oxygen dependency in patients arrow Jio building largest international submarine cable system centred on India arrow Sensex adds 848 pts, ends at 49,581 on broad-based buying; Nifty Bank up 4% arrow Microsoft investigated Bill Gates' affair before he left the board: Report arrow India loses ONGC-discovered Farzad-B gas field in Iran arrow Airtel's Q4 PAT declines 11% QoQ to Rs 759 crore; ARPU falls to Rs 145 arrow Extremely severe Cyclone Tauktae to touch Gujarat by Monday night: IMD arrow Digital cash could make inflation worse if central banks aren't cautious arrow Clotting cases after vaccination miniscule, but pose definitive risk: Govt arrow Here's what brokerages expect from Tata Motors' Q4FY21 results on Tuesday arrow Here's what brokerages expect from Tata Motors' Q4FY21 results on Tuesday arrow Analysts cautious on corporate earnings growth amid Covid-led lockdown arrow Federal Bank's Q4 net profit jumps 59% to Rs 478 crore, bad loans rise arrow Wholesale inflation soars to 10.49% in April on higher fuel prices arrow Global stocks steady, gold at three-month high on inflation concerns arrow World Coronavirus Dispatch: Taiwan stocks see worst rout as curbs weigh arrow Avita Liber V review: Peppy and thin-and-light laptop good for everyday use arrow SBI shares surge 5%, hit 8-week high on heavy volumes
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Chandigarh extends curfew till May 25
39 minutes ago/ The Economic Times

The Chandigarh administration on Monday decided to extend the curfew in the city till May 25 morning to further contain the coronavirus.A decision in this regard was taken at a review meeting chaired by Administrator V.P. Singh Badnore here.Respondin ...

PM Modi speaks to doctors on Covid-19 learnings
45 minutes ago/ The Economic Times

Prime Minister Narendra Modi on Monday interacted with doctors from across the country about their learnings and suggestions on COVID-19, government sources said. They said Modi spoke to groups of doctors involved in COVID care through vide-confere ...

FHRAI says allowed by NCLAT to intervene in OYO unit insolvency
55 minutes ago/ The Economic Times

Industry body Federation of Hotel & Restaurant Associations of India (FHRAI) on Monday said it has been allowed by the National Company Law Appellate Tribunal (NCLAT) to intervene on behalf of hotels in the OYO unit insolvency case before the tribuna ...

Apollo Tyres gets NABL accreditation for outdoor regulatory testing
1 hours ago/ The Economic Times

Apollo Tyres on Monday said it has become the first manufacturer in the country to get accreditation from NABL for outdoor regulatory testing. The company has been accredited with ISO/IEC 17025 for the 'wet grip and coast by noise' tyre tests on the ...

Delhi reports 4,524 new COVID cases
1 hours ago/ The Economic Times

The national capital reported 4,524 new COVID-19 cases, lowest since April 5, and 340 fatalities on Monday while the positivity rate dipped to 8.42 per cent, according to the latest health bulletin released by the city government.The COVID-19 situati ...

Good year for Federal Bank despite challenges: MD
2 hours ago/ The Economic Times

Our underlying principles remain the same – preserve and conserve capital and preserve the portfolio quality and keep provision coverage at 65% for our largely secured book, says Shyam Srinivasan, MD & CEO, Federal Bank. Congratulations for a resilie ...

Grief mounts as efforts to ease Gaza violence falter
2 hours ago/ The Economic Times

Diplomats and international leaders were unable Sunday to mediate a cease-fire in the latest conflict between Israel and Hamas, as Prime Minister Benjamin Netanyahu of Israel vowed to continue the fight and the United Nations Security Council failed ...

Fuel demand 15-20% lower till date: IOC chief
2 hours ago/ The Economic Times

We generate medical grade liquid oxygen in Panipat by virtue of the petrochemical plants there and we have ramped up the oxygen production there, says Shrikant Madhav Vaidya, Chairman, IOC. Has fuel demand taken a knock due to localised lockdowns?Unl ...

Miniscule bleeding, clotting post vax in India: Govt
2 hours ago/ The Economic Times

India has reported 26 potential cases of bleeding and clotting after administration of Covishield vaccine, a government panel investigating adverse events following COVID-19 immunisation has found.The Union Health Ministry said in a statement on Mond ...

Cyclone: 121 villages affected in K'taka, 6 dead
2 hours ago/ The Economic Times

Six people have lost their lives so far in the Cyclone Tauktae-hit coastal and surrounding Malnad districts of Karnataka, officials said on Monday. According to a situation report by Karnataka State Disaster Management Authority officials, till this ...

What is Britain's new emissions trading system?
3 hours ago/ The Economic Times

Britain will this week begin selling carbon permits in its domestic emissions trading system (ETS), as part of its efforts to meet a climate target of net-zero fossil fuel emissions by 2050. WHAT IS AN ETS?An ETS sets a gradually decreasing cap on th ...

Four districts of Kerala under triple lockdown
3 hours ago/ The Economic Times

The boundaries of four major districts in Kerala, which report the highest number of COVID-19 cases in the state,were sealed and restrictions were further intensified on Monday as a seven-day triple lockdownannounced by the state government came into ...

Pankaj Murarka on what to avoid for next 2-3 years
3 hours ago/ The Economic Times

Pankaj Murarka, Founder, Renaissance Investment Managers, says remains very constructive on outlook for earnings over the next five years,Tata Motors is one of the top holdings in your portfolio. What are your thoughts on the global auto space right ...

Credit Suisse gives USD 1 mn in COVID aid
3 hours ago/ The Economic Times

Credit Suisse has extended USD 1 million (Rs 7.5 crore) to two non-profits to procure emergency drugs and other medical equipment in major cities to support India's fight against COVID-19 that has killed nearly 2.75 lakh people and infected about 2.5 ...

Where can we see maximum risk in the market?
3 hours ago/ The Economic Times

Vinit Sambre, Head-Equities, DSP Mutual Fund, says just three months back, it was suggested that growth will be pretty strong for India and most strategy notes were projecting India to have the highest growth. In a matter of one month, things changed ...

Apollo, DRL announce vaccination with Sputnik V
4 hours ago/ The Economic Times

Apollo Hospitals and Dr Reddy's Laboratories on Monday said they are collaborating to initiate a COVID-19 vaccination programme in the country with Sputnik V. The first phase of the programme will kick off with vaccinations in Hyderabad on Monday and ...

India strengthens new bonds after China stumble
5 hours ago/ The Economic Times

Almost unnoticed in the ferocity of the current Covid surge battering us, India’s foreign policy pivoted westwards, embracing partners and relationships that, if taken at the flood, could have interesting implications for India’s future.A Quad leader ...

Urban India to support recovery curve: Gandhi
5 hours ago/ The Economic Times

If most of the lockdowns in the larger cities get over by May end, revenue growth for India Inc. could be close to 13% to 15%, says Hetal Gandhi, Associate Director, CRISIL Research. A lot has been spoken about what is happening to the second wave an ...

Sanofi-GSK reports success in Covid-19 vaccine
5 hours ago/ The Economic Times

Sanofi and GlaxoSmithKline's potential COVID-19 vaccine triggered strong immune responses in all adult age groups in preliminary trials after an earlier setback, boosting optimism the shot may join the fight against the pandemic this year. After two ...

UP offers incentives for 'oxygen producers'
6 hours ago/ The Economic Times

After battling a grave oxygen crisis at the peak of the second wave, Uttar Pradesh has cleared an Oxygen Production Promotion Policy, 2021, to make the state self-dependent in the production of the gas beginning from the near term, as well as to crea ...

Moglix raises $120 million, joins unicorn club
6 hours ago/ The Economic Times

Business-to-business (B2B) commerce platform Moglix has raised $120 million in a new financing round led by Falcon Edge and Harvard Management Company at a valuation of $1 billion. This makes it the latest entrant to the much coveted unicorn club tak ...

SBI shares surge 5%, hit 8-week high on heavy volumes
7 hours ago/ Business Standard

The bank's board of directors is scheduled to meet on Friday, May 21, 2021, to consider and approve approval of audited financial results for year ended 31st March, 2021 and dividend, if any

Wait for better price pts to enter midcaps: Sambre
7 hours ago/ The Economic Times

We are looking at a scenario closer to what we had looked at towards the end of 2017 when we had seen a frenzied rally taking place in small and midcaps, says Vinit Sambre, Head-Equities, DSP Mutual Fund. I am surprised that markets are holding on. ...

Cipla stock price down on Q4 disappointment
8 hours ago/ Livemint

Cipla's stock fell more than 3% in morning trades on Monday, as the drug manufacturer disappointed posting a weaker than expected Q4 performance, with a tepid 4% year-on-year growth on the domestic front

Jhunjhunwala’s big stock bet not in pink of health
8 hours ago/ The Economic Times

NEW DELHI: Pharma stocks are back in focus, as a second wave of Covid pandemic ravages India. Investors looking for safer bets and craving for returns in an uncertain market are taking shelter in these defensive bets.But money-making options appear t ...

2 ministers, TMC MLA taken to CBI office in Kol
8 hours ago/ The Economic Times

The CBI on Monday arrested three TMC leaders and a former party leader in connection with the Narada sting case, wherein politicians were purportedly caught taking money on camera, and will file a charge sheet against them and another accused, offici ...

Rs 5K black fungus injection being sold for Rs 70K
8 hours ago/ The Economic Times

Covid-19 patients diagnosed with black fungus (mucormycosis) are struggling to find a life-saving drug that has vanished from the market and is being illegally sold at a very high price. Vials of liposomal amphotericin is being sold at Rs 70,000 per ...

Lockdown impact: Truck rentals crash
9 hours ago/ The Economic Times

NEW DELHI: The slump in factory output due to lockdowns in states has resulted in decline in truck rentals on key trunk routes by 5-7 per cent in the past 15 days, according to the freight rate data released by Indian Foundation of Transport Research ...

Pine Labs raises $285 million in new funding round
9 hours ago/ The Economic Times

Bengaluru: Pine Labs, the digital payments and commerce solutions provider to merchants, said it has raised $285 million in new funding from public market crossover investors, including Marshall Wace, Baron Capital Group, Duro Capital, Moore Strategi ...

UK firms seek staff but foreign workers missing
9 hours ago/ The Economic Times

British businesses ramped up their search for new staff as pubs, restaurants and other hospitality and travel firms got ready for Monday's lifting of coronavirus restrictions in England, a survey showed. But an exodus of foreign workers is aggravatin ...

Human error, shaky grid spark chip supply concerns
9 hours ago/ The Economic Times

Human error and worst-case scenarios triggered a widespread power outage in Taiwan, rocking its reliability as a top supplier of computer chips as the industry grapples with a global shortage.A dual coal- and gas-fired power plant in the southern cit ...

Buzz: Corporate chiefs counsel Maha CM on Covid
10 hours ago/ The Economic Times

ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.Brains (We) TrustThe softspoken Maharashtra CM’s pandemic performance has been hailed by none other than the Prime Minister himself. But in case you spo ...

India calls for resumption of Israel-Palestine talks
10 hours ago/ The Economic Times

India on Sunday called for immediate resumption of dialogue between Israel and Palestinian authorities to reduce trust deficit between the two sides and reiterated strong support to the just Palestinian cause and its unwavering commitment to the two- ...

ET Wealth | Can investing in NPS make you rich?
12 hours ago/ The Economic Times

When his company introduced the NPS benefit in 2015, Anil Jajoo grabbed the tax advantage with both hands. Under Section 80CCD(2), up to 10% of the basic salary of an employee put in the NPS is tax free. “It was a terrific opportunity to stash away t ...

Factors helping Hero Motocorp beat the odds
12 hours ago/ The Economic Times

The second wave of covid and the subsequent lock down restrictions have hurt the auto industry, and the two-wheeler segment in particular. Lower middle class, the main target group for two-wheelers has been the worst-affected due to the pandemic and ...

UTI Midcap MF: Fund with a growth bias
12 hours ago/ The Economic Times

ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. How the fund has performed 82655165 8265517 ...

"Trying to catch mkt cycles is hard to implement"
12 hours ago/ The Economic Times

Invest across market caps based on risk appetite, goals, Vetri Subramaniam, Group President & Head of Equity, UTI Mutual Fund, tells ET Wealth in this interview. He also believes that the consumer discretionary sector such as companies in retail, tra ...

6 steps to take while managing money for others
12 hours ago/ The Economic Times

How does one care for someone else’s money? How to draw the lines and safeguard the wealth? A dear friend has been left with the custody of his 19-year-old nephew after the tragic death of his sister and brother-in-law from covid. He enjoys a good re ...

Criteria, caution when investing in sector MFs
12 hours ago/ The Economic Times

Past performance of a mutual fund scheme is no indicator of its future performance. However, investors continue to chase historical returns, especially when it comes to sectoral or thematic funds. “Taking decisions based on historical returns is one ...

SMEs struggle to stay afloat in second wave
18 hours ago/ The Economic Times

Sitting at his office in Ludhiana’s Jammu Colony, DS Chawla, a plastic parts supplier to cycle majors like Avon, TI Cycles and Hero Ecotech, is combating lockdown-related issues daily. Stocks are piling up at his godowns, a labour shortage looms, and ...