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PANDEMIC RESURGENCE
SPACs stage comeback as mega IPOs crowd marketSpecial-purpose acquisition companies are experiencing a resurgence as a wave of blockbuster IPOs creates an opening for smaller firms. Thi...- Nifty to hit 42,000 by 2028? New paper that studied market cycles says it's possible if these factors alignA CNI InfoXchange study projects the Nifty could surpass 42,000 by 2028 if sustained foreign investor inflows return. The report highlights...
- CEA Nageswaran calls for capex push amid EV growth momentumIndia's top companies saw profits soar post-Covid. However, investments lagged. Chief economic adviser V Anantha Nageswaran called for corp...
- RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...
- Repercussions would have been less grave if govt acted on time during second wave of Covid: Par panelThe Parliamentary Standing Committee on Health, in its 137th report presented to Rajya Sabha on Monday, said the second wave was undoubtedl...
- Omicron bounced back 'sooner than expected': StudyAccording to the Daily Mail, King's College London scientists estimate 160,000 people were falling ill with Covid every day in the week end...
- Banks' plea seeking time for borrowers to comply with new loan recast plan rejectedIn August 2021, the regulator had extended the deadline for stressed companies to meet the parameters related to operational performance to...
- WHO Europe chief voices 'grave concern' about COVID reboundDr. Hans Kluge said case counts are beginning to near record levels again and the pace of transmission in the region, which stretches as fa...
- Pepsi, Coke sales up in India, but recovery will take some time, say company chiefsCoca-Cola said these markets continued to be under pressure compared to 2019 from the impact of the coronavirus pandemic. Quincey said Coca...
- Lockdowns ineffective, ramping up vaccinations only way to control second wave: SBI ResearchSBI Research suggested that contracts for vaccine procurement should include clauses for installation of new capacity for deployment and la...
- November was busier than October in terms of business activity in India: NomuraThe Nomura India Business Resumption Index (NIBRI) came in at 89.2 for the week ended November 29, up from 88.7 recorded in the previous we...
- Wall Street ends sharply lower as pandemic fears resurgeThe blue-chip Dow was pulled down by industrial and financial companies sensitive to economic growth, with Boeing Co and Goldman Sachs each...
- Festival related demand may be impacted by resurgence in Covid cases: Dun & BradstreetThe researchers believe that the resurgence of the virus where community transmission was not eliminated in the second quarter, alongside u...
- ET Graphics: Covid-19 surge on both sides of the AtlanticColder weather can lead to a further spike. By contrast, the trend is downward in South Asia. Covid-19 infections in India are at their low...
- Pope to celebrate Christmas without congregation, says reportThe 83-year-old pontiff was deprived of a congregation at Easter when he had to celebrate mass at Saint Peter's with very few people presen...
- Extremely bullish on India, it's a long-term investment, says Airbnb CEO Brian CheskyChesky said the travel industry has been "irreversibly altered" due to the pandemic. But there has been an "optimistic resurgence" months a...
- Back to school edition: France and other nations are returning to class, India remains shut amid pandemicThe U.N. says it's urgent to get kids back to schools after months-long lockdown.
- Oil falls 3% as resurgent pandemic prompts worries about US demandData from the U.S. Energy Information Administration showed U.S. gasoline stockpiles fell by 4.8 million barrels last week, much more than ...
- G-20 Chair Saudi Arabia launch action plan to combat Covid through its business platformB20 wanted to get consensus from the business world on how governments can better support the private sector during the crisis, protect the...
- Crude oil prices down $2 as US crude inventories swell, pandemic resurgence fearedUS West Texas Intermediate (WTI) crude fell $2.04, or 5.1 per cent, to $38.33 a barrel.
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