Commuters walk past the Bombay Stock Exchange building in Mumbai. Reuters
The Indian equity markets is set to face another volatile week ahead, as the ongoing flight of foreign funds is expected to continue on the back of latest taxation surcharge on the super rich category along with subdued quarterly earning numbers.
Strong gains by index major Infosys and Sun Pharma aided the Sensex in advancing over 160 points on Monday. Infosys hit its all-time high level with 7.2 per cent gain on the back of strong numbers in its quarterly results
Looking like the last day of the losing streak for the markets, Thursday’s trading session, however, proved no different that the developments over the past five days.
The contribution of core digital sectors like information technology-business process management (IT-BPM), digital communications, and electronics manufacturing to India’s gross domestic product (GDP) may increase from seven per cent in 2017-18 to eight to 10 per cent in 2025, says a new report from McKinsey Global Institute.
Facilio, a leading property operations software platform, has announced that it has been recognised by Frost & Sullivan with the 2021 Best Practices’ Product Leadership Award for the Internet of Things, (IoT)-based solution in the building operations and maintenance industry.
Sharjah Islamic Bank (SIB) recorded an increase of 27 per cent in the net profit reaching at Dhs514.1 million for the year compared to Dhs 405.8 million for the same period in 2020.
Malta celebrated its National Day at Expo 2020 with a varied programme highlighting the country’s rich history and culture. The festivities at the Stage of Nations