Fitch Ratings said the state-owned banks are more vulnerable than private banks, given their participation in relief measures, while their earnings and core capital buffers are weak.

A total of 18,599 new infections were registered in a day, while the death toll increased to 1,57,853 with 97 daily new fatalities, according to Union Health Ministry

Stock Market Updates Today: Larsen & Toubro, ONGC, HCL Technologies, NTPC and Axis Bank were among top gainers, while Bajaj Finance, IndusInd Bank, UltraTech Cement and HDFC were among top losers

Expansion of services activity in 2021 is particularly noteworthy as people overcoming fear of pandemic have shown a preference for enhanced mobility despite Covid-related risks, monthly report by ministry says

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India's Oil Minister Dharmendra Pradhan had in the run-up to Thursday's OPEC meeting urged the producers' group to ease production curbs to fulfil their promise of stable oil prices

The largest companies by size saw their sales shrink by 1.5 per cent in the December 2020 quarter, which was the lowest decline, CMIE said.

India had been urging major producers to ease output cuts and help global economic recovery from the coronavirus pandemic as well as rein in prices

With Gurugram being the base for IT &ITES sector along with start-ups, companies are now scrambling to figure a way out

While Sensex closed 1,147 points or 2.28 per cent higher at 51,444, Nifty climbed 326.50 points or 2.19 per cent to end at 15,245

Asia's third largest economy came out of a technical recession and expanded 0.4% annually last quarter and the recovery is widely expected to gather pace in the year ahead amid hopes a successful vaccine rollout will boost business activity

India's fuel demand to rise 9.8% in year to March 2022 India's fuel consumption could rise by 9.8% in the year to March 2022, its highest pace of growth in six years, driven by robust demand for gasoline and gasoil in Asia's third largest economy, according to initial government projections. Higher expectation of fuel consumption, a proxy for oil demand, points to a sharp recovery in industrial activity in the economy hit hard by the pandemic. Economic recovery lost steam in Jan-Feb: Axis...

Bank of America won by focusing on large Indian firms and multinationals

Axis Bank says that leading and concurrent high frequency indicators are showing signs of plateauing at about 3 per cent below pre-lockdown levels, which is a cause for worry

Mukesh Ambani continued to be the wealthiest Indian with a networth of $83 billion

Executives believe that testing, nevertheless, is imperative. But it would help if the rule remained the same for the entire country instead of rules in some states

Expect domestic air passenger traffic to return pre-COVID level by 2022-23, says ICRAExpecting domestic air passenger traffic to return to the pre-COVID-19 level by the financial year 2022-23 and international by 2023-24, rating agency ICRA on Monday said there could be a delay in the commercialisation of expanded capacity by 9-12 months. ICRA also said the cargo volumes are likely to grow around 36 per cent in 2021-22 and six per cent in 2022-23 after a 25 per cent contraction this fiscal, ...

The world's largest two-wheeler manufacturer sold 5,05,467 units of motorcycles and scooters in February this year. The company had sold 4,98,242 units of two-wheelers during the corresponding month of the previous year

The vaccination programme has released pent-up optimism and \"there is little doubt today that a recovery based on a revival of consumption is underway,\" RBI said.

The total coronavirus cases reached 1,11,12,241 in the country, while the death toll rose to 1,57,157 with 106 new fatalities, the Union Health Ministry data showed