BUSINESS
Global oil prices may remain range bound in 2021
The news of a successful coronavirus has ignited the oil market again with crude price moving up more than 20 per cent in a month to hover close to $50 a barrel now.
Job cuts, salary adjustments not as widespread as apprehended: CII study
The CII study entitled 'Reimagining the Organization for the New Normal: Role of HR' conducted in partnership with Talentonic has revealed interesting facts about employer behaviour during the pandemic.
Petrol prices on upswing, poised to breach all-time high across country
The oil marketing companies (OMCs) on Sunday increased the retail price of petrol by 28 paise per to Rs 83.41 a litre in Delhi. Similarly, diesel price also increased by 29 paise a litre to Rs 73.61 a litre.
As revenue constrained, Centre may look at PSUs for higher dividends
Officials sources said that the PSUs with stock prices higher than their book values and those with sufficient cash may be asked to shell out higher dividends in FY21. A call will be taken after the third-quarter results of companies are declared in late January or early February next year.
Centre's GST compensation formula gets nod from all states
Jharkhand, the only remaining state, has now communicated its acceptance of Option-1 given by the Centre.
2020: A year of coronavirus, M&A & claims for non-life insurers
At a time when the private sector is witnessing mergers and acquisitions, the central government scrapped its earlier plan to merge National Insurance Company Ltd, Oriental Insurance Company Ltd and United India Insurance Company Ltd into one.
RBI's 60% high-frequency indicators reach above pre-Covid levels
All the parameters were closely monitored in October, only 2 among them (Monthly equity investments by mutual funds and the monthly outstanding for certificates of deposits) were way worse as compared to the level in February, while the Covid-19 that was originated in China, was seen in India as well.
RBI revises FY21 growth to (-)7.5% from (-) 9.5% on current recovery rate, vaccine hopes
The revision comes after the narrowing of the GDP contraction for the July-September, along with hopes of early availability of Covid-19 vaccines.
Tata vs Mistry: Supreme Court to hear matter on Dec 8
The bench had told Sundaram, "Why have you filed the IA...why don't we got with the final hearing?" The bench reminded him that it had kept the matter on that day for final hearing, yet an IA has been filed.
Is China's Ant Group considering Paytm stake sale?
Ant Group has a 30% stake in the digital payment. The speculation, however, was denied by both Ant Group and Paytm.
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