Business

India has demanded resumption of export benefits to certain domestic products under their Generalised System of Preferences (GSP), and greater market access for its products from sectors like agriculture, automobile, auto components and engineering.

Britain's third national coronavirus lockdown has put the economy on course for a sharp contraction in early 2021, but services companies buoyed by progress on vaccinations are confident about recovery, a survey showed on Wednesday.

Euro zone consumer inflation rebounded by much more than expected in January, a flash estimate showed on Wednesday, pushed up by a jump in prices in Germany and the Netherlands, and despite the continued downward pull from cheaper energy.

Engineering group Siemens raised its 2021 guidance on Wednesday after beating firstquarter expectations, citing a quicker than forecast postpandemic rebound in the automotive and machinebuilding sectors.

Shares of videogame retailer GameStop Corp and movie theater operator AMC Entertainment Holdings Inc lost 15% and 13.2%, respectively, in early U.S. premarket trading on Wednesday as a social mediadriven trading frenzy cooled.

Brookfield India Real Estate Trust owns an initial portfolio of 4 large campuses - format office parks, which are 'business critical' in Mumbai, Gurugram, Noida and Kolkata.

Chinese ecommerce giant Alibaba Group Holding Ltd plans to raise up to $5 billion through the sale of a U.S. dollardenominated bond, according to a marketing term sheet seen by Reuters on Wednesday.

GameStop shares are down sharply Tuesday, cleaving off more of the stocks recent blockbuster gains following a social-media led campaign to get it to skyrocket at the expense of big Wall Street funds.

With all of the challenges of 2020, ExxonMobil focused on clamping down on expenses and managed to bring its full-year spending down nearly $10 billion from the year before.

Alibaba Group founder Jack Ma has been left off a list of Chinese entrepreneurial leaders published by state media the snub underscoring how just far he has fallen out of favour with Beijing.

Global shares bounced and silver markets surged on Monday as retail investors expanded their social mediafuelled battle with Wall Street to drive the precious metal to an eightyear high.

The issuance of shares happens in a separate section of the stock market, called primary market. Once the shares are issued to investors, they get listed on the secondary market, where they get traded on a daily basis.

Nintendo Co. reported Monday that its profit for the first three fiscal quarters nearly doubled as people around the world stayed home for the pandemic and turned to playing games.

In a relief to senior citizens, the finance minister Nirmala Sitharaman announced that no income tax filing required for seniors citizens above 75 years of age and who have income only from pension and interest income in the Union Budget 2021.

For FY21, the fiscal deficit was estimated at 3.5 percent by the government in the last Budget announced in February 2020.

The BSE Sensex zoomed over 1,600 points to reach within touching distance of 48,000 just after Sitharaman concluded her budget speech, while Nifty 50 crossed the 14,000-mark.