BUSINESS/ECONOMY

IDBI Bank’s Q3FY22 net profit up 53%

IDBI Bank on Friday reported a rise of 53 per cent in its net profit for Q3FY22 on a year-on-year basis, at Rs...

Several BSE-listed microcap stocks turn multibagger in 2022

At a time when the weak broader market subdued the Indian equity market consistently, several stocks on the BSE turned multibagger since the...

Services exports crossed $178 bn in 6 months despite Covid: Piyush Goyal

"While 2021 was a year in which we defied all odds, 2022 will be the breakthrough year which will unlock the country's exponential...

Tax benefits to increase disposable income likely in Union Budget

The government may consider incremental tax benefits to increase net disposable income of the citizens in order to boost demand when it tables...

Equities settle low on continued fund outflows; Sensex slips over 400 pts (Ld)

Continued selling-off pressure by foreign institutional investors coupled with weakness in rupee subdued Indian equity indices on Friday. Accordingly, Sensex settled 0.7 per cent...

HDFC Life posts lower net of Rs 850 crore for 9 months

Private life insurer HDFC Life Insurance Company Ltd on Friday said it closed the nine month period ended December 31, 2021 with a...

Zomato shares decline 9%, market cap falls below 1L cr

Shares of online food aggregator Zomato declined 9 per cent intraday on Friday. Analysts are linking the decline with unsupportive valuations. Over the past...

Intel to invest $20 bn on 2 new chip factories in US

Chip-maker Intel on Friday said it will invest more than $20 billion to build two new factories int US for advanced chipmaking, as...