Share price of Paytm`s parent company, One 97 Communications Ltd, slumped by around 13 per cent to hit an all-time low on Monday after the Reserve Bank of India (RBI) barred Paytm Payments Bank from onboarding new customers. At the BSE, One 97 Communications Ltd share closed 12.84 per cent down at Rs 675.35. The…Continue Reading

SynopsisAsian shares surged on Thursday, tracking Wall Street’s gains as planned diplomatic talks between Russia and Ukraine buoyed sentiment, although analysts warned the rally could be susceptible to a sharp reversal as risks remain.The two-year yield, which rises with traders’ expectations of higher Fed fund rates, touched 1.6697% compared with a U.S. close of 1.678%.BEIJING:…Continue Reading

SynopsisOil prices see-sawed near 14-year highs as the United States considered acting alone to ban Russian oil imports rather than teaming up with its European allies.AgenciesAustralian shares closed lower on Tuesday, pulled down by energy and mining stocks, as investors grappled with the prospect of a US ban on oil imports from Russia, while New…Continue Reading

NEW DELHI: Despite announcing a fresh round of fund-raising plans, shares of beleaguered telecom operator Vodafone Idea fell sharply on Monday, with analysts recently expressing doubt if the capital infusion efforts would be enough to revive the firm. On Friday, the company, which is under severe financial stress, said that it would receive fund infusion…Continue Reading