Spriha Rai
Bharat Express News Network
Elon Musk Pledge To Keep Tesla Stocks For Next Two Years
Elon Musk, Tesla Chief Executive Officer, said on Thursday he will not sell any more Tesla stock for about two years. While speaking in a Twitter Spaces audio chat, Elon Musk said he foresees the economy will be in a “serious recession” in 2023 and demand for big-ticket items will be lower. His comments came …
Continue reading "Elon Musk Pledge To Keep Tesla Stocks For Next Two Years"
SGX Nifty Signals A Negative Start
Oil prices rose on Friday on expectations of lower Russian crude exports from the Baltic region in December, offsetting worries that a looming Arctic storm across the United States could snuff out transport fuel demand growth this holiday season. Brent crude rose 88 cents, or 1.1%, to $81.86 a barrel. While U.S. West Texas Intermediate crude was at $78.41 a barrel, up 92 cents, or 1.2% higher.
Markets Continued Their Downward Journey
Markets: Sensex slumps for 3rd straight session, ends 241 points lower. Nifty ended 71.80 points lower at 18,127.30. About 754 shares advanced, 2699 shares declined, and 86 shares were unchanged. All sectors ended the day in red, barring Nifty IT index which ended flat. The Indian rupee advanced against the U.S. currency on Thursday, tracking …
Health Minister Advises To Follow Covid Protocol
Union Health Minister Mansukh Mandaviya on Thursday said the government was keeping an eye on the global Covid situation following the recent surge of cases in China and other parts of the world. “In the wake of festive and new year season, states are advised to make sure people wear masks, use sanitisers and maintain …
Continue reading "Health Minister Advises To Follow Covid Protocol"
Dr Anil Goyal: India Won’t Have Lockdown
Dr Anil Goyal of Indian Medical Association (IMA) said, “since 95% of the population is immunised, the nation won’t be placed under lockdown.” Indians have a stronger immune system than Chinese people. India must return to COVID’s fundamentals – “ testing, treating, tracing”, Dr Goyal added. #COVID19 | There won't be a lockdown situation in …
SEBI Brings Changes In Buyback Rules
SEBI: The Securities and Exchange Board of India has tweaked its SEBI Regulations 2018 rules on buyback of shares by companies. Among the amendments, companies can now use 75 per cent of the proceeds of the buyback undertaken through the stock exchange route from the existing minimum of 50 per cent. The SEBI has said …
Reliance To Acquire Metro AG’s India Business
Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector.
Google Links More Of CEO Sundar Pichai’s Pay To Performance
The board recognises Pichai's "strong performance" as CEO, the company said, adding that the vesting of a significant portion of the award would depend on Alphabet's total shareholder return relative to other S&P 100 companies.
SGX Nifty Signals A Positive Start
Oil prices rose for a fourth straight day on Thursday with U.S. crude, heating oil and jet fuel stocks seen tight just as a chilly blast hits the United States and travel is set to soar for the holiday season. Brent gained 34 cents to $82.54 a barrel, while U.S. crude rose 44 cents to $78.73 per barrel.
Ukrainian President: Your Aid An Investment Not Charity
US Congress is on the verge of approving an additional $44.9 billion in new emergency military and economic assistance, on top of some $50 billion already sent to Ukraine this year.
