Monday, January 25, 2021

Sayon Bhattacharya

Crude Oil Price Surge Exceeds $46 Per Barrel, OPEC Reports 102% Compliance For Oil Production

Since March 2020, contraction in demand has resulted in an unprecedented increase in the price of crude oil. People have been waiting for a successful COVID-19 vaccine, which might lead to a spike in demand that might, in turn,...

“No 1B Adani Loan” Protestors Barge Into Sydney Cricket Ground In A Bid To Protest Against SBI

The first ODI between India and Australia was interrupted after the sixth over as two protestors barged into the Sydney cricket ground holding a sign that said ‘NO $1B ADANI LOAN’. The message was directed to the public lender,...

Indian Economy Picks Up Pace At Higher Rate Than Projected, Huge Recovery Predicted From 24% Contraction In Last Quarter

Indian economy picking up at a higher rate than expected After a bad quarter and the plunge of the Indian economy due to the COVID-19 pandemic, the economy is starting to come back and optimism is setting in people. Indicators...

TRAI Penalises Airtel Ltd, BSNL, and Jio Over Inaction Regarding Phishing Activities

A penalty has been imposed on Airtel Ltd, Bharat Sanchar Nigam Ltd (BSNL), Reliance Jio Infocomm Ltd, among others by the telecom regulator Telecom Regulatory Authority of India (Trai). The regulator imposed the penalty as they did not respond...

National Stock Exchange Privately Warns Future Retail Regarding Risk Of Regulatory Action For Not Making Timely Market Disclosure

Future Retail in recent times has been surrounded by a dispute over their sale of warehouse and logistics of their retail unit to Reliance. According to e-mails reviewed by Reuters, National Stock Exchange (NSE) had privately warned Future Retail...

Delhi High Court Grants ad-interim Injunction Favouring WhiteHat Jr In Aniruddha Malpani Case

Delhi High Court grants an ad-interim injunction in favor of WhiteHat Jr in their case against Aniruddha Malpani The Delhi High Court granted an ad-interim injunction in favor of the Bjju's-owned Whitehat Education Technology Private Limited, on Tuesday. The angel...

Delhi High Court Grants Interim Injunction For Defamation Suit By WhiteHat Jr Founder Karan Bajaj Against Pradeep Poonia

Delhi High Court on Monday granted an interim injunction in a defamation lawsuit filed by WhiteHat Jr founder Karan Bajaj against the educational technology startup’s vocal critic Pradeep Poonia. The court order also stated that Pradeep Poonia, the software...

RBI Proposes Cash Starved Lakshmi Vilas Bank Merger With Singapore Bank DBS

LVB to merge with Singaporean bank; might be first of many mergers in the Indian banking system The Reserve Bank of India has recently placed the Lakshmi Villas Bank on moratorium and has proposed that the cash-starved bank goes into...

India Might Receive Latest Coronavirus Vaccine By Early 2021, Authorities To Give SSI Emergency Use Approval For AstraZeneca

India might be able to get the latest coronavirus vaccine in their hands early next year. Reports show that they might get the vaccine at January end or early next year. This will be possible as the government is...

RBI Panel Announces Providing Banking Licences To Large Industrial Houses, Aditya Birla Group, Tata and Reliance To Apply

Reserve Bank of India (RBI) panel on Friday recommend providing banking licences to large industrial houses. This would allow the Aditya Birla group, the Tata group and Reliance Industries Ltd to apply for banking licences. The panel also recommended that...

About Me

A student, Quant Dev, Finance & Capital Market Enthusiast, and now a blogger on The Indian Wire living in the Financial Capital of India, Mumbai. Sayon is a multi faceted individual with limitless enthusiasm to enlighten the uninitiated in the realm of Finance and Business. He enjoys sharing his knowledge and understanding of current and core happenings in these domains with startling simplicity and ease of understanding. Stay tuned to know more about the latest happenings and be up to date with the market.
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