Business

In normal times, a 9.7% drop in auto sales would cause executives to sweat profusely. These are not normal times.

Wall Street seesawed on Thursday as investors juggled optimism over progress on stimulus talks Washington with signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month.

The project is an Internet Protocol- Multi Protocol Label Switching (IP-MPLS) based communication network with microwave radio, satellite and optical fiber network as media.

It said freight loading increased to 102.12 million tonnes in September this year from 88.53 million tonnes in the same month last year, a jump of 15.35 per cent.

U.S. construction spending increased 1.4% in August, led by a surge in singlefamily homes.

This latest investment — with Silver Lake's co-investors and General Atlantic, the fifth in three weeks — values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore, RIL said in an exchange filing.

IndusInd Bank was the top gainer in the Sensex pack, zooming over 12 per cent, followed by Bajaj Finance, Axis Bank, ICICI Bank, Tech Mahindra, Bajaj Finserv and Kotak Bank. On the other hand, ITC, NTPC, Titan, Reliance Industries and ONGC were the laggar...

Oil prices rose on Thursday as renewed hopes for U.S. fiscal stimulus provided support but worries over rising infections hampering fuel demand could cap gains.

Oil prices were little changed in early trade on Thursday after U.S. lawmakers postponed a vote on a $2.2 trillion coronavirus relief package in hopes of reaching a bipartisan deal, while rising infections fuelled demand fears.

Silver Lake, whose portfolio includes stakes in Airbnb and Twitter Inc, has previously invested in Reliance's digital business. The latest investment values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore, RIL said in an exchange filing...

Most major housing markets won't keep up with consumer price inflation in 2021 and are faced with multiple downside risks despite rising strongly this year amid the coronavirus pandemic and rockbottom interest rates, Reuters polls showed.

World stocks fell and safer assets such as the yen and dollar found buyers on Wednesday after a chaotic first U.S. presidential debate and rising COVID19 cases turned investors cautious, though strong factory surveys boosted China's markets.

U.S. restaurants are moving warily into fall, hoping their slow recovery persists despite the new challenge of chilly weather and a pandemic that's expected to claim even more lives.

Gold was set for its biggest monthly decline in nearly four years, led lower on Wednesday by a stronger dollar as caution returned to markets after the first U.S. presidential debate.

Chinas factory activity accelerated in September, adding to a gradual recovery from the coronavirus pandemic, a government survey showed Wednesday.

Lonza is confident that U.S. and Swiss plants it is building to help make Moderna's COVID19 vaccine candidate will be ready for commercial production this year, executives at the Swiss company said on Tuesday.