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With restrictions expected to be eased even more gradually than previously assumed, there is an increasing risk that the hit to consumption and employment will be more prolonged, Moodys Analytics said.   On the production side too, labour shortages and sourcing constraints are...

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Moneylife Digital Team 14 October 2021
INDIAN MARKET TRENDS From 8th October to 13 October 2021, ML Micro-cap Index rose 3%. ML Large-cap Index and ML Mid-cap Index rose 2% each. The NIFTY, ML Mega-cap Index, the Sensex and ML Small-cap Index rose 1% each.                                                

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Moneylife Digital Team 08 June 2021
We had mentioned in Monday’s closing report that Nifty, Sensex may continue to rally. On Tuesday, the indices opened higher but ended with minor losses. On the NSE, there were 1,055 advances, 915 declines and 60 unchanged.   The trend of the major indices on Tuesday’s trading are...

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The Reserve Bank of India has imposed monetary penalties on two payment system operators -- Paytm Payments Bank Ltd (PPBL) and Western Union Financial Services Inc (WUFSI) -- as deficiencies were found in regulatory compliance.   The RBI imposed a Rs 1 crore monetary penalty on Paytm...

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After nearly two months of strict lockdown-type restrictions, the Maharashtra government has decided to cautiously initiate a five-phased Unlock 2.0 from Monday (June 7), starting with 18 of the state's 36 districts, officials said here on Saturday.   In the first phase, it will take...

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In a huge jolt, the Bombay High Court, Nagpur Bench on Tuesday struck down the caste certificate issued to Amravati Lok Sabha MP and ex-filmstar Navneet Kaur Rana on the grounds that it was obtained fraudulently using fabricated documents.   A division bench comprising Justice R. D....

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The Supreme Court on Thursday quashed an FIR registered by Himachal Pradesh Police against senior journalist Vinod Dua in connection with his comments critical of the government's handling of COVID-19 lockdown on his YouTube channel.   A bench of Justices U.U. Lalit and Vineet Saran...

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Moneylife Digital Team 04 June 2021
We had mentioned in previous week’s closing report that Nifty, Sensex were trending up. The major indices were volatile this week but closed with decent gains.   The trend of the major indices in the week is given in the table:       On Monday, the indices opened...

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On expected lines, the Maharashtra government on Thursday too decided to cancel the HSC (Class 12) board exams for 2021 in view of the Covid-19 pandemic second wave, Education Minister Varsha Gaikwad announced.   The move came a day after a cabinet meeting, chaired by Chief Minister...

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After facing criticism for allegedly copying popular products and manipulating search results to boost its own brands, especially in India, Amazon has now announced a new tool that will help third-party sellers with detailed insights into what customers are searching for, clicking on, and...

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IANS 11 December 2020
The petrol price march towards all time high levels has been temporarily halted by the oil marketing companies (OMCs) as they chose to keep the retail rates of petrol and diesel static for the fourth consecutive day even though global oil prices remained firm with crude above $ 50 a...

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The Supreme Court on Thursday said, it is happy that the board exams have been cancelled and emphasized that the interest of students will be protected, as it asked the Centre to submit the objective criteria to assess Class XII students in two weeks.   At the beginning of the...

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Moneylife Digital Team 03 June 2021
We had mentioned in Wednesday’s closing report that Nifty, Sensex were still on an uptrend. On Thursday, the indices opened higher and ended with decent gains. On the NSE, there were 1,354 advances, 625 declines and 63 unchanged   The trend of the major indices on Thursday’s trading...

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India on Thursday achieved the major milestone of 100 crore vaccination-mark, nine months after the nationwide inoculation programme was started to protect the people against Covid-19.   The CoWin portal mentioned that a total of 100 crore vaccine doses has been administered so far to...

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The Southwest monsoon has set in over Kerala on Thursday said the India Meteorological Department (IMD), as against the normal date of June 1.   It was conveyed in the IMD release issued here at 1.30 p.m., which also said that more than 60 per cent of the 14 rainfall monitoring...

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