The improvement in the performance of actively managed mutual fund (MF) schemes is acting as a key tailwind for the nearly Rs 50 trillion industry, Kotak Institutional Equities (KIE) said […]

Swiss drug major Novartis AG (NVS) Wednesday announced that the U.S. Food and Drug Administration or FDA has approved its Fabhalta (iptacopan) as the first oral monotherapy to treat adults […]

‘Revision of the base year for both CPI and GDP are long overdue.’‘The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.’‘We […]

Asian markets closed on a predominantly negative note on Wednesday amidst anxiety ahead of release of PMI readings from China. Hang Seng extended losses, closing at a 1-month low. Comments […]

Shares of Designer Brands Inc. (DBI) were trading down on Tuesday after the company reported a decline in third-quarter profit and lowered full-year earnings guidance. DBI was declining 32.94 percent […]

Following the lackluster performance seen in the previous session, stocks continue to experience choppy trading on Tuesday. The major averages are once again bouncing back and forth across the unchanged […]

A slew of Fed speeches and reactions to reports on home prices and consumer confidence might be the highlight on Wednesday. Early cues from the U.S. Futures Index suggest that […]

Spotify Technology SA, a provider of digital music, podcast, and video service, said it is eliminating total headcount by around 17% across the company amid its efforts to cut costs […]

‘SUV is a very intensely fought category, unlike hatchbacks and cars.’ In line with the industry trend, Tata Motors unveiled the updated versions of its popular sports utility vehicles — […]

The U.S. Food and Drug Administration announced further recalls of Malichita branded whole cantaloupes and certain cantaloupe products following an ongoing outbreak of Salmonella. Several illnesses have been reported to […]