Business

The Rs 20 lakh crore Atma Nirbhar Bharat package relied on liquidity measures injected by the RBI, cash transfers to the poor and needy, as well as medium-term structural measures.

Oil prices edged up on Thursday, but held near multiweek lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID19 pandemic was lagging.

DraftKings shares jumped in morning trading after announcing that basketball legend Michael Jordan would take an ownership stake in the company in exchange for becoming a special adviser to the sports betting site.

China's Ant Group plans to raise more funds on Shanghai's Nasdaqstyle market than in Hong Kong as part of its up to $30 billion dual listing, people with direct knowledge of the matter said, in a major endorsement of the yearold mainland exchange.

Crude oil futures extended gains on Wednesday after a biggerthanexpected draw in U.S. crude stockpiles and as solid U.S. and Chinese factory activity fuelled optimism of a recovery from the pandemic, boosting investor risk appetite.

Facebook said Tuesday that it removed a small network of accounts and pages linked to Russias Internet Research Agency, the troll factory that has used social media accounts to sow political discord in the U.S. since the 2016 presidential election.

The commerce ministry will now open the online system for exporters to apply for availing tax incentives under the scheme as it was blocked from July 23.

U.S. manufacturing activity accelerated to a nearly twoyear high in August aided by a surge in new orders, but employment at factories continued to lag amid safety restrictions intended to slow the spread of COVID19.

U.S. manufacturing activity accelerated to a nearly two years in August amid a surge in new orders, but employment continued to lag, supporting views that the labor market recovery was losing momentum.

Amazon.com Inc owned Whole Foods Market opened its first deliveryonly store in Brooklyn, New York on Tuesday, as the ecommerce giant looks to take greater advantage of a coronavirusinduced surge in online grocery shopping.

In light of the COVID-19 crisis and the recent global-scale changes in the economic and technological landscape, they underscored the necessity and potential to enhance the resiliency of supply chains in the Indo-Pacific region.

Under the framework, trading members or clearing members will be required to align their systems and accept client collateral and margin-funded stocks by way of creation of pledge and re-pledge in the depository system.

Walmart Inc on Tuesday unveiled the perks of its new membership program, Walmart Plus, which will grant subscribers unlimited free delivery, fuel discounts and no checkout lines.

The governing body in charge of London's financial district is asking for views on whether to take down statues and other landmarks with historic links to slavery and racism, as part of its response to the Black Lives Matter movement.

Delta Air Lines and American Airlines said on Monday they are permanently dropping domestic change fees, mirroring an announcement by rival United Airlines on Sunday in a push to woo back travelers.

Coal India also plans to set up at least three gasification plants (besides Dankuni) on build, own, operate (BOO) basis through global tendering and has signed pact with GAIL for marketing synthetic natural gas.