The World Bank said its executive board on Monday approved a $723 million package of loans and grants for Ukraine, providing government budget support as the country battles a Russian invasion. The package includes a $350 million loan supplement to a prior World Bank loan, augmented by about $139 million through guarantees from the Netherlands […]
An expert panel of India’s central drug authority has recommended permission for conducting a phase-3 clinical trial of Covid vaccine Covovax as a booster dose in adults, official sources said on Sunday. The Drugs Controller General Of India (DCGI) has already approved Covovax for restricted use in emergencies in adults on December 28. It is […]
Delhi on Thursday reported 326 fresh COVID-19 cases and three deaths, while the positivity rate stood at 0.77 percent, according to data shared by the city health department. With this, the national capital’s case count increased to 18,60,887, while the death toll mounted to 26,130, the latest health bulletin stated. The number of COVID-19 tests conducted […]
Shares of Coal India (CIL) surged 7 per cent to Rs 198 on the BSE in Thursday’s intra-day trade. The stock has rallied 32 per cent in last four trading sessions on improved outlook amid rising commodity prices. The stock of state-owned company now traded close to its 52-week high of Rs 203.85 registered on […]
Hyundai Motor India on Tuesday reported a 14 percent decline in total sales at 53,159 units in February. The company had sold 61,800 units in the same month last year, Hyundai Motor India said in a statement. Domestic sales were down 14.6 percent to 44,050 units last month as against 51,600 units in February 2021. […]
India’s top refiner Indian Oil Corporation (IOC) will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend on a free-on-board (FOB) basis due to insurance risk, according to a tender notice and a source familiar with the matter. The letter was sent on Monday to traders who submit cargo offers into IOC’s regular crude […]
Prime Minister Narendra Modi on Monday said the PM Gati Shakti initiative will help in further developing modern infrastructure in the country through better coordination and monitoring. He also asked the private sector to partner with the government and increase investments. The PM Gati Shakti – National Master Plan was announced last year to break […]
Highlighting challenges faced in procuring defence equipment from abroad, Prime Minister Narendra Modi on Friday stressed on promotion of the ‘AatmaNirbhar Bharat’ and ‘Make in India’ campaign in defence manufacturing. The Prime Minister also highlighted that about 70 per cent of the defence budget has been kept for the domestic industry only. Addressing a webinar on ‘Aatmanirbharta […]
Ukraine’s border guard agency says that the Russian military has attacked the country from neighboring Belarus. The agency said that the Russian troops unleashed artillery barrage as part of an attack backed by Belarus. They said the Ukrainian border guards were firing back, adding that there was no immediate report of casualties. Russian troops have […]
If the fundamental analysis was all about learning more about the market sentiments, technical analysis is about analyzing the company’s worth by mathematical methods inferred from statistical trends generated by trading activity, price movements, and volume. One of the most repeated terms in the study and practice of this technique is “The Law of Large Numbers” which […]
