Economy

Mumbai,(Aryavarth) Resurgence of Covid-19 infections along with rising global inflation dampened the opening sentiments of India's key equity indices on Friday. Accordingly, both the indices -- the 30-scrip Sensitive Index (Sensex)...

New Delhi,(Aryavarth) Knight Frank, a leading international property consultancy, in its latest research report - Global House Price Index Q4 2020 cited that India has moved down 13 spots in the...

San Francisco,(Aryavarth) Snap, the parent company of Snapchat, has acquired Fit Analytics, a startup in the field of apparel and footwear technology. The acquisition will help Snap add a substantial e-commerce...

New Delhi,(Aryavarth) Nokia has announced it will lay off 10,000 employees in the next two years as part of its restructuring plans, reset its cost bases and invest in R&D and...

Mumbai,(Aryavarth) Primary steel producers are expected to reduce debt by 15%, or Rs 35,000 crore, between fiscals 2021 and 2022, using the higher operating profits generated for prepayment, ratings agency Crisil...

New Delhi,(Aryavarth) While 92% finance leaders in India have started their journey to introduce digital interventions in finance, only 11% believe they are at an advanced stage, according to EY India...

New Delhi,(Aryavarth) India and US have agreed to work closely through common economic and strategic collaboration in various multilateral fora, including the G20. Broad agreement of on greater collaboration between the...

New Delhi,(Aryavarth) Indias forex reserves have now become the fourth largest in the world at $580.3 billion surpassing Russia. Emerging markets have been building reserves to guard against volatility due to...

Mumbai,(Aryavarth) The Indian stock market gave up all its gains to trade in the red on Friday afternoon with the BSE Sensex falling around 600 points. On an intra-day basis, it...

New Delhi,(Aryavarth) The Finance Ministry has asked the security market regulator SEBI to withdraw its March 10 circular on AT-1 or perpetual bonds. In a memorandum to SEBI, the Department of...

Mumbai,(Aryavarth) India's e-commerce market is expected to increase by 84 per cent by 2024 to $111 billion, according to a new report from global financial technology company FIS on Wednesday. The...

New Delhi,(Aryavarth) Equity and equity-linked mutual fund schemes saw a net outflow of over Rs 10,000 crore in February. As per data furnished by the Association of Mutual Funds in India...