SBI MF schemes buy 2.2% stake worth Rs 757 cr in HDFC AMC in open market – BestyWeb
Editorial TeamSBI Mutual Fund bought a 2.2 per cent stake in HDFC AMC worth Rs 757 crore in open market transactions on Monday, as GQG Partners sold off…
Stocks to Watch: Indian Oil, NTPC, HDFC AMC, Uno Minda, Sterling and Wilson – BestyWeb
Equity benchmark indices are looking to start Tuesday's trade with a uptick amid positive global cues. As indicated by the SGX Nifty, which was quoting at 17,085…
Credit Suisse collapse reveals ugly truths about Switzerland for investors – BestyWeb
For decades, Switzerland has sold itself as a haven of legal certainty for bond and equity investors. The collapse of Credit Suisse Group AG revealed some unpleasant…
UTI AMC surges 8% after PPFAS MF buys 1.1 million shares via block deal – BestyWeb
Shares of UTI Asset Management Company (AMC) surged 8 per cent to Rs 687.30 on the National Stock Exchange (NSE) in Tuesday’s intra-day trade after PPFAS Mutual Fund…
Windfall tax on crude oil slashed to Rs 3,500/tonne, duty on diesel hiked – BestyWeb
The Centre, late on Monday, slashed the windfall tax on locally-produced crude oil to Rs 3,500 per tonne from Rs 4,400 per tonne earlier. However, it hiked…
India’s steadying economy shows early signs of weakening consumption – BestyWeb
India’s economic activity held steady in February though there were early signs of slowing consumption amid concerns of future growth prospects and hawkish monetary policy. …
Foreign law firms can only advise foreign clients on foreign law: BCI – BestyWeb
Issuing a clarification on the recently published notification allowing foreign lawyers and law firms to practise in India, the Bar Council of India (BCI) said they will…
Putin and Xi celebrate ties unbroken by Russia’s war in Ukraine – BestyWeb
Standing side by side in a show of partnership unshaken by Russia’s yearlong war in Ukraine, President Vladimir Putin and China’s top leader, Xi Jinping, began talks in Moscow on…
New York tops the list of world’s most expensive cities for business travel – BestyWeb
New York remained the most expensive business trip destination in the world in 2022 as a post-pandemic surge in business travel and tourism drove up costs 8%…
Credit Suisse bankers seek new jobs, flood headhunters with calls – BestyWeb
Recruiters across the world are getting an unprecedented flood of calls from Credit Suisse Group AG bankers seeking new jobs as the embattled Swiss lender is set…
US officials study ways to guarantee all bank deposits if crisis expands – BestyWeb
US officials are studying ways they might temporarily expand Federal Deposit Insurance Corp. coverage to all deposits, a move sought by a coalition of banks arguing that…
Stock Market Live: SGX Nifty up 70pts, Asian indices rise; Brent at $73/bbl – BestyWeb
Improved global sentiments are likely to instill strength in domestic equities on Tuesday. As of 8:15 am, the SGX Nifty suggested a positive start at the bourses at 17,094, up…
Covid report based on China samples puts suspicion back to animal origins – BestyWeb
A new analysis of samples taken from a market in Wuhan, China during the early days of the pandemic are the strongest evidence yet that the Covid-19…
Donald Trump indictment would be unprecedented moment in US history – BestyWeb
The decision whether to indict former President Donald Trump over hush-money payments made on his behalf during his 2016 presidential campaign lies in the hands of a Manhattan grand jury…
‘Russia open for negotiation’: Putin tells Xi on Ukraine peace plan – BestyWeb
Russian President Vladimir Putin, during a meeting with his Chinese counterpart Xi Jingping at the Kremlin, has said his country is "always open for a negotiation process".Putin made the remarks…
US officials study ways to expand FDIC coverage to all deposits: Report – BestyWeb
U.S officials are looking at ways to temporarily expand Federal Deposit Insurance Corp (FDIC) coverage to all deposits, Bloomberg News reported on Monday.U.S. Treasury Department staff are studying whether federal…
Pentagon provided real-time intelligence to Indian Army on India-China 2022 border clash, White House says “Can’t confirm that” – BestyWeb
US refused to confirm a news report citing that the US provided crucial intelligence to the Indian military last year that helped it successfully tackle the Chinese at the border.Taking…
Omicron subvariant XBB.1.5 accounts for over 90% new Covid cases in US – BestyWeb
The highly transmissible Omicron subvariant XBB.1.5 now accounts for over 90 per cent of new Covid-19 cases reported in the US, according to the latest estimates by the Centers for…
London police racist, misogynistic, homophobic: Report – BestyWeb
London police have lost the confidence of the public because of deep-seated racism, misogyny and homophobia, according to an independent review commissioned after a young woman was raped and killed…
Hardline US Republicans oppose bank deposit guarantees beyond $250,000 limit – BestyWeb
Hardline Republicans in the House of Representatives on Monday vowed to oppose any universal federal guarantee on bank deposits above the current $250,000 limit, throwing a major roadblock to a…
