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Showing posts from June, 2020

Chinese apps banned | Govt panel to investigate data-sharing practices of Chinese apps: Report

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Representatives of top social media apps like TikTok, Bigo Live, etc., have already confirmed to cooperate with the government officials in the investigation. from Moneycontrol Latest News https://www.moneycontrol.com/news/business/chinese-apps-banned-|-govt-panel-to-investigate-data-sharing-practiceschinese-apps-report_13982041.html

Despite capped prices for COVID treatment, health insurance remains critical

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Buying a health insurance plan not just for yourself but for your entire family is important from Moneycontrol Latest News https://ift.tt/2ZmQ9Ji

Taking cue from Taj Group, Oberoi Hotels to launch own food delivery app

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To be launched on July 25 the Qmin mobile app will offer food from eight restaurants including of Taj Golden Dragon and Souk from Taj Mahal Palace among others. from Moneycontrol Latest News https://ift.tt/2NI2Bhc

Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term

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Mitessh Thakkar of mitesshthakkar.com recommends buying ACC with a stop loss of Rs 1,305, target at Rs 1,390 and Ambuja Cements with a stop loss of Rs 190, target at Rs 205. from Moneycontrol Latest News https://ift.tt/3ibAm8K

US could reach 100,000 new cases a day: Anthony Fauci

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Asked to forecast the outcome of recent surges in some states, Fauci said he can#39;t make an accurate prediction but believes it will be "very disturbing". from Moneycontrol Latest News https://ift.tt/2Ai1Qsc

Agri Picks Report: Geojit

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According to Geojit, Faced with excess food grain stocks in the central pool, Food Corp of India has written to the ministry of consumer affairs, food and public distribution urging it to extend the Pradhan Mantri Garib Kalyan Anna Yojana for three more months, senior government officials said. from Moneycontrol Latest News https://ift.tt/3eOX8Bn

#39;Traders can retain long-short combo positions till Nifty is around 10,200#39;

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The pattern setup is yet another sign of diminishing strength a breakdown below 10,200 from hereon would confirm the bearish reversal pattern commencement of the counter trend. from Moneycontrol Latest News https://ift.tt/2YKJoSt

Vodafone Idea to divest stake in Indus Towers after Infratel merger

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The Indus-Infratel merger has received foreign direct investment (FDI) approval and is slated to be completed by August 31. from Moneycontrol Latest News https://ift.tt/2VA5wwR

In pics | Stocks in the news: ONGC, Hero MotoCorp, RITES, Cyient, Lakshmi Vilas Bank, Marico, Bharti Airtel

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Gayatri Projects | Godfrey Phillips | Techno Electric | Kalpataru Power | Marico | APL Apollo Tubes | Cupid | Laurus Labs | Emami Realty | JSPL | Uflex | Goa Carbon | Munjal Auto Industries are also in focus today. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocksnews/in-pics-|-stocksthe-news-ongc-hero-motocorp-rites-cyient-lakshmi-vilas-bank-marico-bharti-airtel_13981801.html

What changed for the market while you were sleeping? Top 10 things to know

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Trends on SGX Nifty indicate a negative opening for the index in India with a 45 points loss. from Moneycontrol Latest News https://ift.tt/2Vx6Pg2

Railways to expand Mumbai local services from today, but only essential services personnel allowed

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¨Railways to expand to 350 local trains in Mumbai from tomorrow. As identified by State govt., essential staff incl. employees of Centre, IT, GST, Customs, Postal, Nationalised Banks, MBPT, Judiciary, Defence Raj Bhavan allowed. No services yet for general passengers," Goyal tweeted. from Moneycontrol Latest News https://ift.tt/3gfabMy

West Bengal urges Centre not to schedule flights from 8 cities with high COVID-19 cases

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In a letter to Civil Aviation Secretary P S Kharola, West Bengal Chief Secretary Rajiva Sinha requested him to stop the movement of flights from eight cities to Kolkata or Bagdogra for two weeks starting July 6. from Moneycontrol Latest News https://ift.tt/2NJ3TZt

US slams China over new Hong Kong security law; Mike Pompeo says it#39;s a sad day

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Chinese President Xi Jinping on Tuesday signed a controversial security law that gave Beijing new powers over Hong Kong that are tailor-made to crackdown against dissent, criminalising sedition and effectively curtailing protests, amidst global anger and outrage in the former British colony. from Moneycontrol Latest News https://ift.tt/3icv1y9

Microsoft unveils new initiative to provide digital skills to 25 million people globally

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Expanded access to digital skills is an important step in accelerating economic recovery, especially for the people hardest hit by job losses, the company said in a blog post. from Moneycontrol Latest News https://ift.tt/2VuU5Xi

Airbus shedding 15,000 jobs, mostly in Europe

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“With air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late as 2025, Airbus now needs to take additional measures,” the company said in a statement. from Moneycontrol Latest News https://ift.tt/2BgVOJ5

SP 500 ends best quarter since 1998 on a high note

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The Dow Jones Industrial Average rose 217.08 points, or 0.85%, to 25,812.88, the SP 500 gained 47.05 points, or 1.54%, to 3,100.29 and the Nasdaq Composite added 184.61 points, or 1.87%, to 10,058.77. from Moneycontrol Latest News https://ift.tt/3gkh13H

Hot Stocks | Upside seen in HUL, ACC, Dabur India in short term

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Nifty was seen consolidating in the range of 10,200 to 10,400 with prices holding well above its 200-days exponential moving average on weekly charts. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-upside-seenhul-acc-dabur-indiashort-term_13981601.html

Carlyle to buy 25% stake in Bharti Airtel#39;s data centre business for $235 million

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Carlyle Group will make the investment in Bharti Airtel#39;s Nxtra Data at a valuation of $1.2 billion. from Moneycontrol Latest News https://ift.tt/3dPuKxu

Indian private firms seen developing 15 million tonnes capacity coal mines this year: Minister

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Prime Minister Narendra Modi this month officially launched the auction of 41 coal mines to companies including those in the private sector, with an annual production capacity that is nearly one third of national total output. from Moneycontrol Latest News https://ift.tt/2BQ9kmK

Oil rises after sharp drop in US crude inventories

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Brent crude rose 33 cents, or 0.8%, to $41.60 a barrel by 0044 GMT after declining more than 1% on Tuesday. U.S. crude was up 42 cents, or 1.1%, at $39.69 a barrel, having dropped by 1.1% in the previous session. from Moneycontrol Latest News https://ift.tt/3dIB0qU

Essar group places bid for Petrobras#39; Bahia refinery: Sources

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Petrobras, as Brazil#39;s state-controlled oil producer is known, has received at least two offers for the 323,000 barrels per day Landulpho Alves refinery in Bahia, known as Rlam. The other is from Abu Dhabi#39;s Mubadala Investment Company. from Moneycontrol Latest News https://ift.tt/3gf747k

Asian markets set for shaky start amid mixed cues

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Stocks futures were mixed in early Asian trade with e-mini for the SP 500 down 0.19% while with Japan#39;s Nikkei 225 futures rose 0.2%. from Moneycontrol Latest News https://ift.tt/31whoE3

Coronavirus India News LIVE Updates: Delhi’s COVID-19 tally at 87,360; Assam records highest one-day spike

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Coronavirus India LIVE Updates: Total confirmed cases in India have risen to 5.66 lakh. India#39;s recovery rate now stands at 59.1 percent. from Moneycontrol Latest News https://www.moneycontrol.com/news/health/coronavirus-india-news-live-updates-delhi’s-covid-19-tally-at-87360-assam-records-highest-one-day-spike_13981541.html

New Zealand cancels 2021 APEC summit, will lead it virtually

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New Zealand was scheduled to host the Asia-Pacific Economic Cooperation forum in Auckland. The event would have brought thousands of people to the country throughout the year, culminating in a leader#39;s week in November 2021. from Moneycontrol Latest News https://ift.tt/3igvj7a

Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term

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Sudarshan Sukhani of s2analytics.com suggests buying BEL with a stop loss of Rs 78, target at Rs 98 and Escorts with a stop loss of Rs 1,005, target at Rs 1,070. from Moneycontrol Latest News https://ift.tt/31t2EWp

The other side of fiscal deficits

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A continued and substantial general fiscal deficit is required to satisfy the domestic private sector’s desire for financial security from Moneycontrol Latest News https://ift.tt/3igMaXd

Repatriation flights on June 30: Daily updates on arrivals, departures under Vande Bharat Mission

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Check flights leaving for and from India to bring back stranded Indians. from Moneycontrol Latest News https://ift.tt/31tpr4r

New swine flu virus with #39;pandemic potential#39; found in China: Study

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Any immunity human beings gain from exposure to seasonal flu does not provide protection from the new virus, said the researchers. from Moneycontrol Latest News https://ift.tt/2YOlIwN

Upcoming Renault HBC SUV`s front-end styling revealed in spy photos

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Upcoming Renault HBC SUV's front-end styling revealed in spy photos from Moneycontrol Latest News https://ift.tt/2NIgV9u

Elon Musk tells Tesla employees breaking even in Q2 will be tight

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Tesla is trying to avoid a quarterly loss despite its Fremont, California, factory being shut down for nearly two months due to coronavirus restrictions. The company also has a plant in China. from Moneycontrol Latest News https://ift.tt/31vlFaK

In pics | Stocks in the news: GAIL India, Laurus Labs, Tata Steel, Tata Power, Force Motors, Raymond, Bharat Dynamics

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Orient Refractories, Minda Industries, Central Bank of India, Bharti Airtel, Alphageo India are also in focus today. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocksnews/in-pics-|-stocksthe-news-gail-india-laurus-labs-tata-steel-tata-power-force-motors-raymond-bharat-dynamics_13972821.html

Vizag gas leak: Two dead, four hospitalised after gas leakage at pharmaceutical factory in Visakhapatnam

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The Sainor Life Sciences factory was immediately shut down as a precautionary measure after a gas leak was detected at 11.30 pm on June 29. from Moneycontrol Latest News https://ift.tt/38dX63B

Jerome Powell says US economy facing heightened uncertainty

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"A full recovery is unlikely until people are confident that it is safe to re-engage in a broad range of activities," Powell says in testimony he is scheduled to deliver on Tuesday in an appearance with Treasury Secretary Steven Mnuchin before the House Financial Services Committee. from Moneycontrol Latest News https://ift.tt/2ZlwwkT

Dilip Buildcon raises Rs 200 crore through NCDs

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Dilip Buildcon said it has raised Rs 200 crore through an issue of non-convertible debentures (NCDs) on a private placement basis. from Moneycontrol Latest News https://ift.tt/3dKhFpl

Google removes misleading ads related to voting, elections

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Some of the ads charged fees for registering people to vote, while others sucked up people#39;s personal information for marketing purposes. The ads were discovered by the nonprofit tech watchdog Tech Transparency Project. from Moneycontrol Latest News https://ift.tt/3g5Q03y

PM Modi to address the nation at 4 pm today

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PM Modi#39;s address comes in the backdrop of government#39;s decision to ban 59 Chinese apps including Tiktok, Helo and UC Browser amid the strain in ties with Beijing from Moneycontrol Latest News https://ift.tt/38ejARU

What changed for the market while you were sleeping? Top 10 things to know

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Trends on SGX Nifty indicate a positive opening for the index in India with a 62 points gain. from Moneycontrol Latest News https://ift.tt/31swxGk

Donald Trump has no problem with masks, believes it#39;s a personal choice: Kayleigh McEnany

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"Its his choice to wear a mask. It#39;s the personal choice of any individual as to whether to wear a mask or not," McEnany said, when asked about a new mandate to wear masks in Jacksonville, Florida, where part of the Republican nominating convention will be held. from Moneycontrol Latest News https://ift.tt/3gbrkH7

Hot Stocks | Bharti Airtel, Britannia, JK Cement are buys for the short term

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Nifty has been trading in the rising wedge pattern on the daily charts. The lower band of this wedge projects the strong support at 10,050-10,100 levels. Close below this support, would mean breakdown for the short to medium term in Nifty. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-bharti-airtel-britannia-jk-cementbuys-forshort-term_13972641.html

China#39;s June factory activity quickens to three-month high: Official PMI

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The official manufacturing Purchasing Manager#39;s Index (PMI) rose to a three-month high of 50.9 in June from 50.6 in May, above the 50-point mark that separates growth from contraction on a monthly basis. Analysts had expected it to slow to 50.4. from Moneycontrol Latest News https://ift.tt/2CTomZw

Gilead prices COVID-19 drug remdesivir at $2,340 per patient in developed nations

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The price tag is slightly below the range of $2,520 to $2,800 suggested last week by U.S. drug pricing research group the Institute for Clinical and Economic Review (ICER) after British researchers said they found that the cheap, widely available steroid dexamethasone significantly reduced mortality among severely ill COVID-19 patients. from Moneycontrol Latest News https://ift.tt/3dM9UPy

Exclusive: Edtech startup Vedantu to raise $100 million, double valuation to $600 million in just 3 months

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Vedantu was valued at $280 million in April, according to an Entrackr report. from Moneycontrol Latest News https://ift.tt/2VwcEu7

Wall Street ends higher on Boeing bump, stimulus eyed

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The Dow Jones Industrial Average rose 580.25 points, or 2.32%, to 25,595.8, the SP 500 gained 44.19 points, or 1.47%, to 3,053.24 and the Nasdaq Composite added 116.93 points, or 1.2%, to 9,874.15. from Moneycontrol Latest News https://ift.tt/2NH6GSU

Asia stocks set to rise on upbeat data, focus on China PMI

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Australian SP/ASX 200 futures rose 1.15% while Japan#39;s Nikkei 225 futures ticked up 0.11%. Hong Kong#39;s Hang Seng index futures climbed 0.62%. from Moneycontrol Latest News https://ift.tt/31uPJ6w

Coronavirus India News LIVE Updates: PM Modi to address nation at 4 pm; Delhi#39;s COVID-19 tally crosses 85,000

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Coronavirus India LIVE Updates: Total confirmed cases in India have risen to 5.48 lakh. from Moneycontrol Latest News https://ift.tt/2Zqc16u

Kerala SSLC Result 2020 LIVE Updates: Results to be declared at 11 am today on keralaresults.nic.in

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Kerala SSLC result 2020 LIVE Updates: More than 4.20 lakh students had registered for the Kerala board Class 10 examinations this year. from Moneycontrol Latest News https://ift.tt/3ioPxvA

What changed for the market while you were sleeping? Top 10 things to know

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Trends on SGX Nifty indicate a negative opening for the index in India with a 51 points loss. from Moneycontrol Latest News https://ift.tt/31rpg9W

Hot Stocks | PFC, Bodal Chemicals, Maruti Suzuki can give double-digit return in short term

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The banking index managed to give a #39;cup and handle#39; pattern breakout by closing above 21,100 and the target, as per the pattern, will reach 24,000 which suggests a bullish movement ahead in mid-term. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-pfc-bodal-chemicals-maruti-suzuki-can-give-double-digit-returnshort-term_13964821.html

In pics | Stocks in the news: ITC, IOC, Dish TV, Orient Paper, HUDCO, South Indian Bank, Tourism Finance Corp

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Coal India, Eveready Industries, Andhra Paper, Phoenix Mills and Nalco are also some of the stocks in focus today from Moneycontrol Latest News https://www.moneycontrol.com/news/stocksnews/in-pics-|-stocksthe-news-itc-ioc-dish-tv-orient-paper-hudco-south-indian-bank-tourism-finance-corp_13964781.html

Oil falls in second straight session as virus cools demand

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Brent crude dropped 66 cents, or 1.6%, to $40.36 a barrel by 1150 GMT while U.S. crude was at $37.86, down 63 cents, or 1.6%. from Moneycontrol Latest News https://ift.tt/3id9HIz