India Inc’s business confidence recovered in Q3CY21: GECs

India Inc’s business confidence recovered in Q3CY21: GECs

Sunday, 31 October 2021 | IANS | New Delhi

Healthy demand has restored India Inc’s business confidence in Q3 of 2021, according to the Global Economic Conditions Survey (GECS) report. This is the largest regular economic survey of accountants and finance professionals around the world jointly carried out quarterly by the Association of Chartered Certified Accountants (ACCA) and the Institute...

Mcap of nine of top-10 most valued firms tumbles by over Rs 2.48 lakh cr

Sunday, 31 October 2021 | PTI | New Delhi

The combined market valuation of nine of the top-10 most valued companies fell by Rs 2,48,542.3 crore last week in line with a weak broader market trend, with Reliance Industries and HDFC Bank emerging as the biggest laggards. Last week, the BSE benchmark Sensex tumbled by 1,514.69 points or 2.49 per...

Five IPOs to hit mkt in first half of Nov; seek to raise over Rs 27,000 cr

Sunday, 31 October 2021 | PTI | New Delhi

After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent One97 Communications and policybazaar parent PB Fintech have lined up their IPOs in the first half of November to raise over Rs 27,000 crore collectively. The other three firms whose initial...

FPIs turn net sellers in Oct; pull out Rs 12,278 cr

Sunday, 31 October 2021 | PTI | New Delhi

After two months of buying, foreign portfolio investors (FPIs) have turned net sellers in October by pulling out Rs 12,278 crore from Indian markets. As per depositories data, FPIs took out Rs 13,550 crore from equities but invested Rs 1,272 crore in the debt segment during October 1-29. The total net outflow...

Biden, trio of European allies discuss Iran nuke programme

Sunday, 31 October 2021 | AP | Rome

President Joe Biden and a trio of European allies strategised on Saturday over ways to achieve a diplomatic solution as Iran continues to make troubling advances with its nuclear programme. Biden’s meeting with the leaders of Germany, France and Britain, a group known as the E3, comes at a pivotal time...

Prevent mass starving in Af, UN aid chief urges G20

Sunday, 31 October 2021 | AP | UNITED NATIONS

The UN humanitarian chief had a dire message for leaders of the world’s 20 largest economies meeting this weekend: Worry about Afghanistan because its economy is collapsing and half the population risks not having enough food to eat as the snows have already started to fall. Martin Griffiths said in an...

EU, African leaders to meet on sidelines of G20

Sunday, 31 October 2021 | AP | Rome

The French presidency says European Union leaders will meet with African leaders in efforts to further support the continent’s poorest economies in the wake of the Covid-19 pandemic. The informal meeting later Saturday will be hosted by French President Emmanuel Macron at France’s embassy in Rome on the sidelines of the...

UK and France urged to cool down escalating fishing spat

Sunday, 31 October 2021 | AP | PARIS

Britain and France faced calls on Saturday to sort out their post-Brexit spat over fishing rights in the English Channel, which threatens to escalate within days into a damaging French blockade of British boats and trucks. French President Emmanuel Macron warned that the dispute is testing the UK’s international credibility, while...

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