Sensex rallies 848 points; financial stocks sparkle

Mumbai, May 17 Equity benchmark Sensex zoomed over 848 points on Monday, driven by strong buying in banking shares amid a reduction in daily domestic Covid-19 caseload. The 30-share BSE index ended 848.18 points or 1.74 per cent higher at 49,580.73, and the broader NSE Nifty soared 245.35 points or…

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ASX set to jump; inflation concerns continue to hover

Wall Street investors are looking for clues on the pace of inflation and consumer spending and whether companies can sustain their strong earnings momentum. Read More | Source: Sydney Morning Herald…

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Economic recovery losing steam, GDP growth may be below 9pc in FY22: Survey

Kolkata, May 16 Amid a raging second wave of Covid-19 and subsequent restrictions on business activities imposed by several states, economic recovery is beginning to lose steam and the country’s GDP growth is likely to be below 9 per cent for the current fiscal, according to a survey. At least…

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Airtel announces benefits for low-income customers amid Covid crisis

New Delhi, May 16 Bharti Airtel on Sunday announced special benefits for low-income customers on its network to help them stay connected during the ongoing pandemic. As a one-time gesture, Airtel will give the Rs 49 pack free of cost to over 5.5 crore low-income customers. The pack offers a…

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At 5.7 million, Apple’s notebook shipments grow 94% in Q1 2021

San Francisco, May 16 Apple shipped 5.7 million notebook computers in the first quarter of 2021, up 94 per cent from the 2.9 million units that it shipped in the year-ago quarter. Mac notebooks include the MacBook Pro models and the MacBook Air models, excluding the Mac mini, Mac Pro,…

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