Economy news

• When to trade bitcoin? When Saturn crosses Mercury, of course

  14-01-2021 07:32 via timesofindia.indiatimes.com
  
  Bitcoin has jumped over five-fold since the start of 2020, prompting investment banks to predict more future gains. Citigroup said bitcoin could hit $318,000, while JPMorgan Chase & Co tipped it to reach $146,000.
  
  Read more

• Indian companies prepare to buy vaccines for employees

  18-01-2021 14:59 via timesofindia.indiatimes.com
  
  Several Indian companies are making plans to buy Covid-19 vaccines for their employees, just days after the country's government began one of the world's largest vaccination drives with healthcare and other frontline workers.
  
  Read more

• Budget may raise import duties by 5%-10%: Report

  18-01-2021 14:29 via timesofindia.indiatimes.com
  
  India is considering hiking import duties by 5%-10% on more than 50 items including smartphones, electronic components and appliances in the upcoming budget, three government sources privy to the discussions told Reuters on Monday.
  
  Read more

• Angela Merkel's party picks Laschet as next leader

  18-01-2021 13:31 via timesofindia.indiatimes.com
  
  Chancellor Angela Merkel's conservative CDU party picked her ally Armin Laschet as its next leader on Saturday, in a vote for "continuity" as Europe's biggest economy heads into a key election year with the deadly coronavirus pandemic still raging.
  
  Read more

• Advertisement

• PM-KISAN instalment: No disbursals for incorrect bank, Aadhaar details; here's how to correct it

  18-01-2021 13:15 via zeenews.india.com
  
  If you think, you have provided incorrect Aadhaar number, you can correct it by visiting PM Farmer's website online. 
  
  Read more

• Budget 2021: Nirmala Sitharaman holds pre-budget meeting with Finance Ministers from all states

  18-01-2021 13:14 via timesofindia.indiatimes.com
  
  Budget 2021: Nirmala Sitharaman holds pre-budget meeting with Finance Ministers from all states
  
  Read more

• Sensex sinks 470 points on profit booking, metals dip

  18-01-2021 12:18 via zeenews.india.com
  
  Among stocks, Tata Motors was the top loser with a fall of 6 per cent to close at Rs 244.50 per share.
  
  Read more

• Sensex slips 470 points; Nifty ends below 14,300

  18-01-2021 11:53 via timesofindia.indiatimes.com
  
  Equity indices plunged for the second straight session on Monday with the benchmark BSE sensex falling over 450 points, amid reports that the Reserve Bank of India (RBI) may propose tighter rules for "shadow banks".
  
  Read more

• Advertisement

• Don't join WhatsApp if not accepting new policy: HC

  18-01-2021 11:53 via timesofindia.indiatimes.com
  
  The Delhi high court on Monday said accepting the new privacy policy of social messaging app WhatsApp was a "voluntary" thing and one can choose not to use or join that platform if one did not agree with its terms and conditions.
  
  Read more

• ICICI iDelights New Year Bonanza: Top offers on electronics and consumer durables

  18-01-2021 11:08 via zeenews.india.com
  
  Customers can enjoy the benefits of these offers in the form of additional cashback and discounts, which can be availed using the Bank’s debit & credit cards, internet banking and Pockets.
  
  Read more

• Total acquires 20% stake in Adani Green Energy

  18-01-2021 10:51 via timesofindia.indiatimes.com
  
  French oil giant Total said Monday that it would pay $2.5 billion for a 20 per cent stake in India's Adani Green Energy Limited (AGEL), a major solar energy producer, as it diversifies away from fossil fuels into renewables.
  
  Read more

• Reliance to embed JioMart into WhatsApp: Report

  18-01-2021 10:51 via timesofindia.indiatimes.com
  
  Mukesh Ambani's Reliance Industries Ltd (RIL) plans to embed its ecommerce app JioMart into WhatsApp within six months, financial daily Mint reported on Monday, as the Indian conglomerate looks to ramp up its retail and grocery business in the country.
  
  Read more

• Don't join WhatsApp if not accepting new policy: High court

  18-01-2021 10:51 via timesofindia.indiatimes.com
  
  The Delhi high court on Monday said accepting the new privacy policy of social messaging app WhatsApp was a "voluntary" thing and one can choose not to use or join that platform if one did not agree with its terms and conditions.
  
  Read more

• Improving the economy#39;s software will be more important than the Budget itself: Arvind Subramanian

  18-01-2021 10:30 via moneycontrol.com
  
  In a paper titled The Economy and Budget: Diagnosis and Suggestions, co-authored with Josh Felman, Subramanian argued that the government can build on its strengths, by extending new welfarism to additional goods and services, while continuing to expand coverage of the goods and services it has already targeted.
  
  Read more

• ESG, elections, fiscal support: 6 macro factors to watch as India plans to vaccinate 30 crore people

  18-01-2021 10:25 via financialexpress.com
  
  If the year 2020 was truly a head-spinning year, a year like no other, 2021 will be an exhilarating albeit bumpy one.
  
  Read more

• France's Total acquires 20% stake in Adani Green Energy

  18-01-2021 10:20 via timesofindia.indiatimes.com
  
  French oil giant Total said Monday that it would pay $2.5 billion for a 20 per cent stake in India's Adani Green Energy Limited (AGEL), a major solar energy producer, as it diversifies away from fossil fuels into renewables.
  
  Read more

• Farm laws: Ambani, Adani caught in crossfire

  18-01-2021 10:20 via timesofindia.indiatimes.com
  
  Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi.
  
  Read more

• Union Budget 2021: Need higher focus on demand revival, boost in growth engines to spur Covid-battered economy

  18-01-2021 09:51 via financialexpress.com
  
  Union Budget 2021: Need higher focus on demand revival, boost in growth engines to spur Covid-battered economy
  
  Read more

• Two of India's richest men caught in crossfire over farming laws

  18-01-2021 08:23 via timesofindia.indiatimes.com
  
  Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi.
  
  Read more

• Samsung's Lee receives 30-month prison term

  18-01-2021 08:23 via timesofindia.indiatimes.com
  
  A South Korean court sentenced Samsung Electronics vice chairman Jay Y Lee to two and a half years in prison, the court said on Monday, which will have major ramifications for his leadership of the tech giant as well as Korea's views toward big business. With this, Lee will be sidelined from major decision making at Samsung Electronics as it strives to overtake competitors.
  
  Read more

• Samsung's Lee receives 30-month prison term in bribery trial

  18-01-2021 07:02 via timesofindia.indiatimes.com
  
  A South Korean court sentenced Samsung Electronics vice chairman Jay Y Lee to two and a half years in prison, the court said on Monday, which will have major ramifications for his leadership of the tech giant as well as Korea's views toward big business.
  
  Read more

• Deaths, self-immolation draw scrutiny on China cos

  18-01-2021 07:02 via timesofindia.indiatimes.com
  
  E-commerce workers who kept China fed during the coronavirus pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest.
  
  Read more

• 7th Pay Commission latest news: Double dose of good news on dearness allowance! Govt taking big decision on unfreezing of DA, DR

  18-01-2021 06:56 via zeenews.india.com
  
  Dearness Allowance of lakhs of employees and pentioners has been put on hold since April 2020.
   
  
  Read more

• Indian Railway Finance Corporation IPO opens today: Here’s all about the first IPO of 2021

  18-01-2021 05:52 via zeenews.india.com
  
  In January 2020, IRFC had filed draft papers for its IPO.
  
  Read more

• Deaths, self-immolation draw scrutiny on China tech giants

  18-01-2021 05:49 via timesofindia.indiatimes.com
  
  E-commerce workers who kept China fed during the coronavirus pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest.
  
  Read more

• China GDP grows 2.3% in 2020, slowest in 4 decades

  18-01-2021 05:49 via timesofindia.indiatimes.com
  
  China's economy grew at the slowest pace in more than four decades last year despite a rebound after the country's coronavirus outbreak, official data showed Monday.
  
  Read more

• Sensex drops over 200 points in early trade; Nifty slips below 14,400

  18-01-2021 05:47 via zeenews.india.com
  
  In a highly volatile opening session, the 30-share BSE index was trading 203.52 points or 0.42 per cent lower at 48,831.15.
  
  Read more

• Former NSEL CEO held for fictitious trading

  18-01-2021 05:30 via timesofindia.indiatimes.com
  
  The economic offences wing of Delhi Police arrested former CEO of National Spot Exchange Ltd (NSEL), Anjani Sinha in Mumbai on Sunday for fictitious trading on the exchange, creating false stocks.
  
  Read more

• Samsung chief faces corruption verdict

  18-01-2021 05:10 via timesofindia.indiatimes.com
  
  The de facto chief of South Korea's Samsung business empire faces the verdict Monday in his retrial over a sprawling corruption scandal, a ruling that could see him jailed for years, depriving the tech giant of its top decision-maker.
  
  Read more

• Petrol prices hit fresh all-time high: Check fuel prices in metro cities on January 18, 2021

  18-01-2021 05:05 via zeenews.india.com
  
  Petrol prices on Monday hit fresh all-time high in Delhi after state-owned oil marketing companies hiked rates by 25 paise.
  
  Read more

Follow @India_Economy_ on Twitter!