Category: Business

Dixit Joshi had first joined Credit Suisse in 1995. (LinkedIn)
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Meet Dixit Joshi, the Indian-origin CFO of Credit Suisse

The UBS deal of acquiring its embattled Swiss rival Credit Suisse for $3.25 billion was finalised after weekend meetings involving teams that report to Dixit…

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Market updates: People walk past the Bombay Stock Exchange building in Mumbai. (Reuters)
Posted in Business

Sensex slumps by 360 pts to end at 57,628, Nifty settles at 16,988

Benchmark Sensex declined by 360 points while the Nifty closed below the 17,000-level on Monday due to a sell-off in financials, IT and capital goods…

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A view of the Credit Suisse building at Circular Quay in Sydney, Australia.(REUTERS)
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Stocks slump as Credit Suisse rescue fails to ease fear of global crisis

Banks led stock markets lower on Monday and safe havens such as bonds rallied as a weekend deal to rescue Credit Suisse and promises of…

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Delhi Chief Minister Arvind Kejriwal and State Finance Minister Kailash Gahlot.(PTI/ Representative Image)
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Key takeaways from Delhi Economic Survey

PTI | | Edited by Singh Rahul Sunilkumar Delhi’s finance minister Kailash Gahlot on Monday tabled state Economic Survey in the Assembly. Here are the…

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Tamil Nadu finance minister PTR Palanivel Thiagarajan (PTI/ Representative Image)
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Packages for women homemaker, UPSC aspirants: Highlights of Tamil Nadu budget

Tamil Nadu government on Monday presented the state budget 2023-24 in the assembly, with finance minister Palanivel Thiaga Rajan announcing a reduction in the annual…

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Union Minister for Civil Aviation Jyotiraditya Scindia addresses during the CAPA India Aviation Summit 2023, in New Delhi.(PTI)
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‘Shockingly…we don’t have enough planes’: Scindia on easing of leasing rules

India has taken steps to allow airlines to lease more aircraft to fill a gap in capacity as travel rebounds from the pandemic, the country’s…

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India is the world's third-largest oil consumer. (HT PHOTO.)
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Centre to extend diesel, petrol export curbs to ensure domestic availability

Reuters | | Posted by Singh Rahul Sunilkumar India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year…

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The petrol rate in Kolkata is currently <span class=
Posted in Business

Petrol and diesel prices on March 20: Check fuel rates in your city

The Oil Marketing Companies (OMCs) on Monday released the petrol and diesel prices for cities across India at 6am. The fuel prices have remained unchanged…

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On Monday, the price of 10 grams of 24k gold was <span class=
Posted in Business

Gold and silver prices on March 20: Check rates in your city

The price of gold has remained unchanged On Monday as compared to the previous day’s prices. According to Goodreturns website, the price of 10 grams…

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UBS had earlier tabled an offer of about $1 billion, or 0.25 francs a share for Credit Suisse.(AFP)
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UBS agrees to buy Credit Suisse for more than $2 billion to end crisis: Report

UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence that threatened to…

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