US stocks closed higher after the summary of Federal Reserve's meeting held in December showed the central bank is patient on rate hikes. The Dow Jones Industrial Average on Wednesday increased 91.67 points, or 0.39 per cent, to 23,879.12. The S&P 500 was up 10.55 points, or 0.41 per cent, to...
The key Indian equity market indices on Thursday opened higher despite a muted trend in Asian markets. The Sensitive Index (Sensex) of the BSE, which had closed at 36, 212.91 points on Wednesday, opened higher at 36, 258 points....
IndusInd Bank on Wednesday reported a 5 per cent increase in its net profit for the third quarter (Q3) of 2018-19. Its net profit during the quarter under review rose to Rs 985 crore from Rs 936 crore in the corresponding period of last fiscal....
Riding on a robust growth last year, Apple CEO Tim Cook earned a compensation package of $15.7 million -- including $12 million in bonus that means nearly $33,000 a day. The package included $3 million in base salary, $12 million in incentives...
The BSE Sensex ended 230 points higher on Wednesday as the stock markets recovered from a sharp dip in the mid-afternoon session to post gains for the fourth straight session. The Nifty50 on the National Stock Exchange crossed 10,850-mark....
Odisha Chief Minister Naveen Patnaik on Wednesday requested the 15th Finance Commission to increase tax devolution from 42 to 50 per cent. Addressing the Commission, the Chief Minister suggested that the 1971 population should be used as devolution criteria. ...
Japan, for the second time in a row, has topped a global index for the world's most powerful passport in 2019. According to the Henley Passport Index, which periodically measures the access each country's travel document affords, Japan retained its top spot as the ...
Global professional services firm EY on Wednesday announced the launch of advanced Security Operations Centres (SOCs) in India along with IBM. Part of EY's Managed Services offerings and powered by IBM's "QRadar" platform, these SOCs are designed to detect, respond and address advanced cyber attacks...
The renewable energy sector in India has been dynamic in the last two decades, and especially over the last few years, with ambitious targets. That said, recent bottlenecks the sector has faced suggest that businesses in the sector require to focus on creating "economic moats" to enable the next phase of growth....
The sizable price tag could pose challenges for the early sales of the world's first rollable television, which dazzled onlookers at the Consumer Electronics Show (CES) 2019, the President of LG Electronics Inc. has said. The South Korean home appliance maker unveiled its 65 inch-rollable OLED TV, ...
