Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers. The price for a container of goods from China…
Lockheed Martin buys up to 58 launches over…
An RS1 rocket booster undergoes acceptance testing.ABL SpaceRocket builder ABL Space signed a long-term agreement for multiple launches with Lockheed Martin, agreeing to provide the defense giant with as many as 58 rockets through the…
Metals a great momentum story but not that…
“Longer term, pharma is a great story but in the near term, we will have to face some volatility,†says Deepak Shenoy, Founder, Capital Mind.Why are banks getting slapped and smacked so hard?The problem really…
Fundstrat’s Tom Lee explains why he expects a…
Tom Lee said Monday he expects the stock market's strong start to April to continue throughout the month as part of what he's previously dubbed a "face-ripper rally."The co-founder of Fundstrat Global Advisors made his case…
IISc, Prorigo build a homegrown patent management software
Pune: Indian Institute of Science, Bangalore (IISc) and Pune-based Prorigo Software have built a homegrown patent management software targeted at academic institutions and small attorney firms. This will cost a fraction of those sold by…
PSU Banks fully transmit rates on fresh loans
Public sector banks have passed on almost the entire policy rate cut on fresh loans since the pandemic. Weighted average lending rates for fresh rupee loans dipped 114 basis point when policy repo rate fell…
Investors looking for stable returns can find solace…
Can selectively picking less volatile stocks from the large-cap universe yield better results over the long term? This is the premise of the factor-based offering ICICI Prudential Nifty 100 Low Volatility 30 ETF FoF, which…
US questions India’s RoDTEP scheme at WTO
The US has raised questions at India’s Remission of Duties and Taxes on Exported Products (RoDTEP) scheme and asked about its operational status and farm products covered under it. At a meeting at the World…
Amazon apologizes for tweet dismissing lawmaker’s claim that…
Amazon drivers begin their delivery routes as workers at an Amazon warehouse in Staten Island, New York prepare to walk off their jobs demanding stepped-up protection and pay after several workers at the facility were…