Healing economy expected to keep markets high

Mumbai: Economic recovery along with hopes of a Covid-19 vaccine will keep domestic stock markets high during the upcoming trade week. Analysts opined that markets are likely to oscillate between renewed fears of rising covid cases globally and optimism over vaccine development. Besides, profit booking as well as expensive propositions...

Drying-up FII inflows to weaken rupee

Mumbai: An expected slowdown in the rate of foreign fund inflows along with the upcoming Q2FY21 GDP figures is expected to weaken the Indian rupee during the coming week. Besides, expectations on a further stimulus has fanned fears of higher government borrowings. Nonetheless, rising virus infection in the US amid...

Harley-Davidson working with Hero to ensure smooth transition for India customers

New Delhi: Last month, Harley-Davidson and Hero MotoCorp announced their partnership for the Indian market. They have inked a distribution agreement, under which Hero MotoCorp will sell and service Harley-Davidson motorcycles. It will also sell parts and accessories and general merchandise riding gear and apparel through a network of brand-exclusive...

Mukesh Ambani hails Modi’s leadership

Mumbai: Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) said on Saturday that the passionate and dynamic leadership of Prime Minister Narendra Modi has made the world sit up and take notice of the emergence of a New India. Addressing the convocation ceremony of Pandit Deendayal Petroleum University (PDPU) virtually, Ambani...