India ranks third worldwide as a producer of drugs and pharmaceuticals by volume, exporting to […]
Category: Business
Bank of India Q4 net profit rises 7% to ₹1,439 crore
Bank of India Ltd. (BIL) reported fourth quarter net profit grew 7% year-on-year (YoY) to […]
BPCL mulls investing ₹1.7 lakh cr. in core, new energy units
Bharat Petroleum Corporation Ltd. (BPCL) plans to invest ₹1.7 lakh crore over the next five […]
ITA seeks financial assistance from Centre to support struggling Darjeeling tea industry
Tea garden workers pluck fresh tea leaves from a tea garden, at a tea estate […]
Markets plunge amid fears of uncertain poll outcome
A man walks past the bull statue at the BSE building. File | Photo Credit: […]
Byju’s slashes course fees by 30-40%, ups sales incentives by 50-100%
Byju’s has announced change in sales strategy. | Photo Credit: REUTERS Edtech firm Think and […]
Maersk suffers ‘capacity loss of 15-20%’ due to Red Sea crisis
Maersk noted that while the Peak Season Surcharge was reduced recently, it has been increased […]
Contracts awarding work to private parties should not be cancelled without assigning reasons: SC
Contracts awarding work to private parties should not be cancelled without assigning reasons, the Supreme […]
The Kotak Mahindra Bank controversy | Explained
The story so far: The Reserve Bank of India (RBI) on April 24 barred Kotak […]
Rupee settles on flat note, higher by one paisa at 83.51 (provisional) against U.S. dollar
Rupee hit an intra-day high of 83.47 and a low of 83.52 against the greenback. […]
P-note investments surge to near six-year high at ₹1.5 lakh crore
Investments through participatory notes in the Indian capital markets reached ₹1.5 lakh crore at the […]
Rupee falls 5 paise to close at 83.50 against U.S. dollar
Image used for representational purpose only. | Photo Credit: Reuters The rupee pared its initial […]
IIHL to pay Reliance Capital’s lenders only after IRDAI approval: Ashok Hinduja
Ashok Hinduja. File photo: Arrangement IndusInd International Holdings Ltd (IIHL), the Mauritius-based Investment Holding Company, […]
Telangana Govt to raise ₹3,000 crore market borrowings on May 7 to fulfil financial commitments
Crediting Rythu Bandhu at ₹5,000 every acre into the accounts of these farmers is likely […]
Sincere Developers aims to tap growing luxury demand, plans 3 uber luxury hotels in 3 years
Sincere Developers Private Ltd., the owner of the Taj Hotel & Convention Centre property in […]
Government lifts ban on onion exports; imposes minimum export price of $550/tonne
Hard-working labourers unload onion bags at the bustling market in Puducherry on Tuesday. | Photo […]
Why MDH, Everest spices are under international scrutiny | Explained
The story so far: A crisis of confidence assails the Indian spice export industry. At […]
Air India to start direct Delhi-Zurich flights from June 16
Air India flight. | Photo Credit: ANI Air India will start direct flights from the […]
Why are Indian spices facing the heat? | Explained
The story so far: A crisis of confidence assails the Indian spice export industry. At […]
Satire | Whose wealth is it? Clearing the air on the redistribution debate
‘Over the past decade, India has witnessed healthy redistribution of the good kind — from […]
Analysing labour on a warming planet
The story so far: The International Labour Organization’s (ILO) latest report, ‘Ensuring safety and health […]
In fresh high, gross GST revenues shoot past ₹2.1 lakh crore in April
Revenues from domestic transactions grew 13.4%, the Finance Ministry said, while goods imports yielded an […]
Godrej family announces ownership realignment, group splits into two
As per the new structure Godrej Enterprises Group will now be controlled by Jamshyd Godrej, Chairperson and […]
Rupee falls 3 paise to 83.48 against U.S. dollar in early trade
Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 3 paise to […]
PVV Infra board recommends issue of bonus shares
The board of PVV Infra Ltd., which is into solar power rooftop installations, has recommended issue of bonus share in […]
Dubai’s new airport to have 400 gates, 5 parallel runways: all you need to know
This artist’s rendering provided by the government of Dubai shows plans for Al Maktoum International […]
After nod for Gujarat onion exports, Centre seeks to soothe Maharashtra farmers
File photo of workers at Vinchur onion market during farmers and traders’ strike against the […]
Boult IPO likely next year: Co-founder Varun Gupta
Indian consumer tech brand Boult plans to go public next year, with a revenue benchmark […]
ICICI Bank Q4 net climbs 17.4% to ₹10,708 cr.; total loans in India rise 16.8%
ICICI Bank Ltd. reported a 17.4% year-on-year jump in standalone fourth-quarter net profit to ₹10,708 […]
U.S. food regulator gathering information on MDH, Everest spices after alleged contamination
The U.S. Food and Drug Administration (FDA) is gathering information on products of Indian spice […]
Bank of Maharashtra Q4 PAT rises 45% to ₹1,218 crore
Bank of Maharashtra reported net profit rose 45% to ₹1,218 crore for the fourth quarter, compared […]
Nestle denies ‘double standard’ on baby food in some countries
Image used for representative purpose only. | Photo Credit: REUTERS Nestle denied Thursday that it […]
Swiggy secures shareholders’ nod to raise over ₹10,400 crore via IPO
Image for representation | Photo Credit: Getty Images Food and grocery delivery major Swiggy has […]
Resilient economy, price stability to support India’s promising growth story: FinMin report
Representational view of a busy market in Hubballi, Karnataka. India continues to be the fastest-growing […]
RBI tells ARCs to maintain ₹300 crore in net owned fund by FY26
The Reserve Bank of India (RBI) on Wednesday released a ‘Master Direction’ for Asset Reconstruction […]
HAL conferred Outstanding PSU of the Year award by AIMA in Delhi
HAL CMD (Additional Charge) C.B. Ananthakrishnan receives the Outstanding PSU of the Year award from […]
Telecom service sector’s AGR up 1.8% to ₹67,835 crore in December 2023 quarter: Trai data
The Adjusted Gross Revenue (AGR) of the telecom service sector rose 1.88% on a sequential […]
SEBI said to find Adani offshore investors in violation of disclosure rules
A logo of the Adani Group | Photo Credit: Reuters India’s markets regulator found a […]
RIL Q4 PAT drops 1.8% to ₹18,951 crore
Reliance Industries Ltd. (RIL) reported consolidated profit after tax (PAT) for the fourth quarter ended […]
How a Chennai-based firm is using virtual reality to train industrial workers
Using Skillveri’s proprietary software, workers can be taught welding, spray painting, and HVAC and solar […]
On the fall in household savings
The fall in household savings has been at the heart of recent debates in India. […]
Direct tax collections exceed estimates in FY24; jump 18% to ₹19.58 lakh crore
Image for representation purpose only. | Photo Credit: V. Sudershan India’s net direct tax collections […]
The travails of becoming a pilot in India
“I have leapt off a cliff. I can either grow wings or crash.” This is […]
OpenAI hires first India-based official Pragya Misra, slated to start later this month: report
Pragya Misra previously worked at Truecaller AB and Meta, per the Bloomberg report. File | […]
‘Conditions not yet in place for any let-up in restrictive monetary stance’
Price stability has to be restored in order to ensure that the rising growth trajectory […]
Rupee falls 6 paise to 83.58 against U.S. dollar in early trade
Image used for representative purpose only. | Photo Credit: Nagara Gopal The rupee depreciated 6 […]
Infosys softens view as growth slows
Infosys on Thursday reported fourth-quarter net profit rose 30% YoY to ₹7,969 crore, from ₹6,128 […]
IMF ready to support Sri Lanka’s discussions with bondholders
The International Monetary Fund (IMF) logo. File. | Photo Credit: Reuters The International Monetary Fund […]
India’s power consumption rises nearly 10% to 70.66 billion units in first half of April
Image used for representative purpose only. | Photo Credit: RAJESH N India’s power consumption grew […]
Congress’ economic agenda seeks to derail India’s economic growth trajectory: Milind Deora
A file photo of Shiv Sena leader Milind Deora. | Photo Credit: EMMANUAL YOGINI Shiv […]
ZEE withdraws from NCLT application to merge operations with Sony
Zee Entertainment logo | Photo Credit: Reuters ZEE Entertainment Enterprises Ltd on Tuesday said it […]
Rupee falls nine paise to 83.53 against U.S. dollar in early trade
On April 15, the Rupee declined six paise to settle at 83.44 against the U.S. […]
Ramkrishna Forgings secures ₹270 crore order for Vande Bharat trains
Representational file image. | Photo Credit: A.M. FARUQUI Ramkrishna Forgings Ltd on April 15 said […]
Shipping industry set for tougher times ahead due to Israel-Iran tensions: Experts
The global maritime industry is set for tougher and more challenging times due to the […]
EPAM Systems bets big on India, to ramp up hiring as more clients set up GCCs
Balazs Fejes, President of EU and APAC Markets, EPAM | Photo Credit: Arrangement Digital transformation […]
Automobile exports from India dip 5.5% in FY24
Image used for representative purpose only | Photo Credit: AFP Automobile exports from India declined […]
Government directs e-commerce firms to remove Bournvita and other drinks from ‘health drinks’ category
On April 2, 2024, Food Safety and Standards Authority of India directed all e-commerce food […]
India extends operation of imported coal-based power plants until October 15
The government has invoked an emergency clause to direct imported coal-fired plants to operate at […]
Industry body seeks release of ‘pending’ subsidies by Tea Board
Tea Association of India (TAI), a leading body of planters, on April 12 sought the […]
Russian businessmen linked to Alfa Group win court case over EU sanctions
Russian businessman and co-founder of Alfa-Group Mikhail Fridman. File. | Photo Credit: AP Russian businessmen […]
Essar Power appoints Ankur Kumar as green division CEO
Ankur Kumar | Photo Credit: Special arrangement MUMBAI Essar Power Ltd. has announced the appointment of Ankur […]
U.S. trade mission to visit India to explore opportunities in agribusiness
According to U.S. officials, american food and agricultural products has contributed to an 11 per […]
NSE cautions against deepfake videos of its chief recommending stocks
National Stock Exchange MD and CEO Ashishkumar Chauhan. File. The National Stock Exchange (NSE) on […]
Patanjali-Ramdev misleading ads case: Supreme Court refuses to accept Baba Ramdev’s, Patanjali’s apology again
Yoga guru Ramdev (centre) arrives at the Supreme Court for hearing on the Patanjali misleading […]
‘Slowdown ahead; political, demographic risks could disrupt India’s social stability’
India’s economy is likely not doing as well as recent GDP numbers indicate, and a […]
U.S. FDA issues warning letter to Natco over facility near Hyderabad
Natco Pharma had said at the time that it was confident of addressing all the […]
Governor Das for greater participation of banks in rupee derivatives in India, abroad
RBI Governor Shaktikanta Das. | Photo Credit: ANI Reserve Bank Governor Shaktikanta Das on April […]
Rupee rises 8 paise to 83.23 against US dollar in early trade
Forex traders said investor sentiments got a boost as crude oil prices retreated from their […]
For MSMEs, GST is a concern that parties must address this election season
In the MSME clusters in Coimbatore in Tamil Nadu and Ludhiana in Punjab, industrial associations […]
FPIs withdraw ₹325 crore from Indian equities so far in April
FPIs have been pumping money into the debt markets for the past few months, driven […]
Will new solar power rules boost production? | Explained
Solar panels and solar fans are displayed among other electronics for sale at a shop […]
Mangalore port registers 10.36% growth in cargo handling
The New Mangalore Port Authority (NMPA) has registered 10.36% growth by handling 45.7 million tonnes […]
Sanlam group hikes stake in Shriram Insurance firms
Sanlam. | Photo Credit: REUTERS Sanlam through its wholly owned subsidiary Sanlam Emerging Markets Mauritius […]
IMF: 8% growth projection for India not ours
International Monetary Fund (IMF) logo. Representational image | Photo Credit: Reuters The recent remarks of […]
HDFC Bank loan book crosses ₹25 lakh crore in Q4
HDFC Bank. | Photo Credit: REUTERS Private sector lender HDFC Bank on Thursday said its […]
High crude oil prices a cause for concern
Union Minister of Petroleum and Natural Gas secretary Pankaj Jain | Photo Credit: K. R. […]
33 loss-making firms donated electoral bonds worth ₹582 crore, 75% went to BJP | Data
Thirty-three companies which had negative or near zero profit after tax donated to the ruling […]
Tamil Nadu tops in electronics exports, by sending smartphones made in Kancheepuram to the U.S.: Data
Workforce assembling smartphones in an Indian mobile manufacturing unit in Hyderabad. | Photo Credit: Mohammed […]
UltraTech Cement crosses 150 mtpa capacity milestone
Aditya Birla Group firm UltraTech Cement Ltd. said it had commissioned two new greenfield capacities […]
March manufacturing PMI at 16-year peak
Image for representation purpose only. FIle | Photo Credit: PTI India’s manufacturing sector activity surged […]
Penicillin G unit among four plants commissioned by Aurobindo Pharma
Aurobindo Pharma has commissioned four manufacturing facilities, including one for Penicillin G, in Andhra Pradesh, […]
HAL registers record revenue of ₹29,810 crore in FY 2023-24
A significant milestone was the maiden flight of the first production series fighter of LCA […]
Now, GST probe into big corporates, major MNCs needs a ‘written approval’
For all investigations, tax officials have been asked to ascertain if any inquiry has already […]
India is a price-sensitive market, says IndiGo CEO
A file photo of Pieter Elbers, CEO, IndiGo | Photo Credit: PTI There is healthy […]
India’s Gem & Jewellery exports poised to reach $100 billion soon: Mukesh Ambani
Mumbai: Maharashtra Governor Ramesh Bais and Chairman and Managing Director of Reliance Industries Ltd. Mukesh […]
By when can India indigenise electric vehicle production? | Explained
The story so far: The Union government on March 15 approved a policy to promote […]
Agrochemical firm Best Agrolife acquires Sudarshan Farm Chemicals at an EV of ₹139 crore
Best Agrolife Ltd. (BAL), a manufacturer of agrochemicals in India has announced the acquisition of […]
Akasa Air commences international operations
Akasa Air. | Photo Credit: RAMAKRISHNA G Domestic carrier Akasa Air has commenced its international […]
The European Commission probe against Apple, Meta and Google for non-compliance with fair market provisions | Explained
The story so far: In a comprehensive slew of measures to ensure “contestable and fair […]
Adani starts $1.2 billion copper plant; to boost India’s metal production
Billionaire Gautam Adani-led group on March 28 announced the start of the first phase of […]
Recur Club, InCred to fund ₹300 crore to early, mid-stage start-ups in 2024
Recur Club and InCred have announced to bridge the funding gap for early and mid-stage […]
Maharashtra, Uttar Pradesh spearhead India’s post-pandemic growth: SBI report
A laborer carries a sack of vegetables in Lucknow, Uttar Pradesh. File photo for representational […]
Employment scenario in India grim, says ILO report
While India’s large young workforce is a demographic dividend, an ILO report noted that they […]
Kan een infraroodpaneel een kamer effectief verwarmen?
een kamer effectief verwarmen De sleutel om ervoor te zorgen dat uw huis of werkplek […]
Rupee recovers from all-time low level; rises 29 paise to 83.32
Forex, equity markets were closed on Monday on account of Holi. File. | Photo Credit: […]
Switch Mobility to roll out maiden e-LCV soon
Switch Mobility CEO Mahesh Babu. File | Photo Credit: Switch Mobility Ltd. is gearing up […]
No major change in employment status or wages in 10 years: Data
Women planting paddy seedlings in an agricultural field in Nagaon district of Assam. | Photo […]
Pakistan to ‘seriously examine’ restarting trade with India: Foreign Minister
A file photo of Pakistan’s Minister of Foreign Affairs Ishaq Dar | Photo Credit: AFP […]
SC denies interim relief to Birlas in Lodha case, admits appeal against HC Division Bench verdict
Supreme Court of India (SCI) building. | Photo Credit: ANI The Supreme Court on Friday […]
Bima Sugam e-market, life cover surrender value, corporate governance norms among 8 regulations approved by IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) has approved eight regulations covering a […]
Top 1% Indians’ income share is higher now than under British-rule: Data
Dharavi, one of Asia’s largest slums, in Mumbai., located alongside skyscrapers and luxury apartments | Photo […]
RBI announces special measures for annual closing of FY24
The Reserve Bank of India (RBI), to provide greater convenience to taxpayers, has asked all […]
How the U.S. lobbied India to reverse laptop rules
India reversed a laptop licensing policy after behind-the-scenes lobbying by U.S. officials, who however remain […]
Nissan India Elevates Saurabh Vatsa as Managing Director
Nissan Motor India Deputy Managing Director Saurabh Vatsa says he intends to deliver on the […]
Solar Energy: U.S. Supply Chain Needs Urgent Government Support
Global panel prices have collapsed due to a wave of new Asian production capacity. | […]
Australia’s iron ore miners face falling Chinese demand
Australia’s vast iron ore mining sector is facing stark choices as its biggest customer China […]
Clamour for collateral clouds China firm Vanke’s credit pursuit
Contagion effect: Vanke’s financial woes became public after debt defaults of marquee peers. | Photo Credit: […]
Ashok Leyland, Minus Zero to focus on autonomous trucking solutions
Ashok Leyland Chief Technology Officer N. Saravanan says they are excited to be working with Minus […]
H-1B initial registration period to close on March 22
USCIS will begin accepting online filing of the forms for H-1B cap petitions on April […]
Tata Steel UK decides to cease operations of Coke Ovens at Port Talbot
Tata Steel UK said it had decided to cease operations of the Coke Ovens at […]
Tobacco Board authorises 100 million kg crop size for Karnataka during 2024-25
A file photo of Tobacco Board staff examining the quality of seedlings in a nursery. […]
Infosys, Biocon, JSW Steel, Shahi Exports donated to JD(S) via electoral bonds
JD(S) state president H.D. Kumaraswamy addresses a press conference in Bengaluru, March 15, 2024. | […]
A year on from Credit Suisse’s rescue, banks remain vulnerable
A Swiss flag is pictured above a logo of Swiss bank Credit Suisse in Bern, […]
Omron transitions from hypertension management to AFib detection
Japanese company Omron Healthcare, which specialises in solutions for hypertension management is now foraying into […]
U.S. probing Gautam Adani and Adani Group over potential bribery: report
Prosecutors are digging into whether an Adani entity or people linked to the company, including […]
Centre’s okays wage revision for LIC staff, overall hike at 17%
A one-time ex-gratia payment to LIC pensioners, as a gesture of appreciation of their contribution […]
Markets trade lower on weak global market trends, foreign fund outflows
Bombay Stock Exchange (BSE). | Photo Credit: REUTERS Equity benchmark indices declined in early trade […]
Sugar production looks up – The Hindu
Total sugar production during the current sugar season, that will end on September 30, 2024, […]
Rupee falls 5 paise to 82.86 against U.S. dollar in early trade
At the interbank foreign exchange, the rupee opened at 82.84 against the dollar and touched […]
Fino Payments Bank appoints two additional directors
With the new additions, one-third of the bank’s board comprises women directors out of the […]
Sensex, Nifty trade higher in early trade
From the Sensex pack, ITC jumped the most by more than 6% per cent. | […]
Bandhan Bank names Rajinder K. Babbar as ED & CBO
Bandhan Bank has announced the appointment of Rajinder Kumar Babbar as Executive Director and Chief […]
Markets trade firm on buying in bank stocks
After a firm beginning, the 30-share BSE Sensex climbed 376.38 points to 73,879.02 in early […]
Rupee trades in narrow range against U.S. dollar in early trade
Forex traders said the rupee exhibited strength supported by a weak dollar and easing crude […]
What are the key details of India’s pact with the European Free Trade Association?
Union Minister of Commerce & Industry Piyush Goyal addresses the media on the signing of […]
What are the hurdles to fair global trade? | Explained
WTO Director-General Ngozi Okonjo-Iweala speaks during the opening ceremony of the WTO ministerial meeting in […]
Godrej Tyson Foods eyes double-digit growth of processed, branded products business
Abhay Parnerkar | Photo Credit: Special Arrangement Godrej Tyson Foods Ltd. (GTFL), the farm-to-fork joint […]
Exercise caution to check biases in AI models, says Dell’s Manakame
Teja Manakame, VP, IT India, Dell Technologies. Photo: Special Arrangement Some believe artificial intelligence (AI) […]
EoUs, SEZs to get RoDTEP sops, till September 30
The Centre on Friday announced that outbound shipments from Special Economic Zones (SEZs) and Export […]
Cost of LPG cyclinders to come down by ₹100: PM Modi
On International Women’s Day today, Prime Minister Narendra Modi announced the reduction in LPG gas cylinder price by […]
Feb. auto retail sales rises 13% YoY, says FADA
In February 2024, the Indian automobile retail segment witnessed a growth of 13% Year on […]
BMW Lamborghini vs Rolls Royce Aston Martin Which luxury car brands were favoured in past five years
In Chandigarh and Puducherry, the proportion of luxury cars to non-luxury cars was higher | […]
Regional airline FLY91 bags AOC from DGCA
Goa-based regional airline company FLY91 said it had received an Air Operator Certificate (AOC) from […]
The Hindu Morning Digest, March 06, 2024
Congress leaders P. Chidambaram, T. Singh Deo and Supriya Shrinate during their manifesto website launch […]
Kone India delivers first escalator to F5 realtors in Pune
After the first deliver, Kone India Managing Director Amit Gossain says that they are confident […]
The Hindu Morning Digest, March 05, 2024
Prime Minister Modi gesturing to the crowd during a public meeting at Nandanam in Chennai […]
DP World unveils multimodal service linking Chennai-Delhi NCR
DP World unveils multimodal service ‘SARAL-2’ connecting Chennai to Delhi-NCR. DP World has announced its […]
Coal production from captive, commercial mines rises 27% in Apr-Feb
A general view of the open cast coal field at Topa coal mine in the […]
U.K. Finance Minister dampens down hopes of tax cuts as election looms
British Chancellor of the Exchequer Jeremy Hunt appears on BBC’s Sunday in London, on March […]
Vijay Shekhar Sharma | Embattled entrepreneur
Witnessing their company’s introduction on bourses can indeed be overwhelming for any entrepreneur. This was […]
CUMI in pact with DRDO to strengthen its support to defence sector
Officials from TIDCO, CUMI and AIDAT are seen with DRDO Chairman Samir V. Kamat and […]
Solder Joint Reliability in Quick Turn Circuit Boards
Reliability in Quick Turn Circuit Boards When it comes to manufacturing quick turn circuit boards, […]
Despite hectic discussions, WTO MC13 ends with no deals on fisheries, agriculture
Delegates attend the 13th WTO ministerial conference in Abu Dhabi, United Arab Emirates. File | […]
RBI appoints S. Ravindran as TMB’s part-time chairman
Independent Director S. Ravindran is on the boards of NSE, Shriram Finance and Bandhan AMC […]
A case for buyer-led responsible renewable procurement
The International Energy Agency forecasts that by 2026, low-carbon electricity sources, including renewable energy, will […]
Japan’s SoftBank cuts stake in Paytm to less than 3%
Japan’s SoftBank Group has further reduced its stake in beleaguered Indian payments firm Paytm to […]
Major firms still failing to tackle deforestation: Global canopy
Representational image of a deforested area in the middle of the Amazon forest | Photo […]
Dr. Agarwal’s Health Care to invest ₹250 cr. in Kerala & Maharashtra
Aditya Varma Thampuran of Travancore royal family inaugurated the new advanced retinal eye care facility in […]
WTO MC13 | Over 70 WTO nations agree to take additional obligations in services sector; India to benefit
India is set to benefit from a decision made by over 70 nations to take […]
Krystal eyes airport services, raising funds for growth
The Union government’s decision to privatise many more airports is attracting integrated facility management (IFM) […]
India expresses serious concerns in WTO meet over unilateral protectionist measures
Director-General of the World Trade Organization Ngozi Okonjo-Iweala speaks during the opening ceremony of the […]
Dark fibre case: Deposit ₹12.5 lakh of total fine imposed by SAT, SC to ex-NSE CEO
Chitra Ramkrishna, former Managing Director and CEO, National Stock Exchange (India). | Photo Credit: REUTERS […]
Economy another victim of war in impoverished Sudan
Before the Sudanese army and paramilitary fighters turned their guns on each other last year, […]
ED summons Hiranandani Group promoters in FEMA case on Monday
Niranjan Hiranandani. File | Photo Credit: M. Karunakaran The Enforcement Directorate has summoned Niranjan Hiranandani […]
Berkshire ‘built to last’: Warren Buffett assures investors
Warren Buffett on February 24 moved to reassure investors that his conglomerate Berkshire Hathaway would […]
City Union Bank eyes 16-17% growth in two years
City Union Bank MD & CEO N. Kamakodi says that in the current fiscal would […]
Amazon says repays $1.9 million to workers in Saudi over unlawful fees
Amnesty accused recruitment agents and two Saudi labour supply companies of deceiving migrant workers who […]
New portal for PSBs to check borrower background
Public sector banks would now be able to check the antecedents of large borrowers and […]
Pressure grows on China for big policy moves to fix sagging economy
This photo taken on February 21, 2024, shows an employee working on a new energy […]
India one of the toughest markets: Uber global CEO Dara Khosrowshahi
Uber global CEO Dara Khosrowshahi in conversation with Infosys Chairman Nandan Nilekani Uber global CEO Dara […]
BYD India to unveil Seal EV sedan in India on March 5
BYD India Senior Vice President, Electric Passenger Vehicle, Sanjay Gopalakrishnan hopes that EV sales volume in […]
Dvara KGFS raises $27 mn debt fund to accelerate growth plans
Dvara KGFS said it had raised $27 million in debt funds to augment liquidity and […]
CCI permits Minda to acquire up to 8.79% of equity share in Pricol
The Competition Commission of India (CCI) has approved acquisition of up to approximately 8.79% of […]
‘Paytm app back to steady business after RBI’s FAQ’
A QR code for the Paytm digital payment system at a roadside coconut stall in […]
Welche ist die Mindestschriftgröße für Neon-LED-Schilder?
Mindestschriftgröße für Neon-LED-Schilder In der heutigen Welt sind Neon-LED-Schilder zu einem wichtigen Bestandteil der Werbewelt […]
NCLT orders liquidation of Mehul Choksi-promoted Gitanjali Gems
File. | Photo Credit: Vijay Soneji The National Company Law Tribunal (NCLT) has ordered liquidation […]
Singapore green fuel levy on travellers ignites funding debate
Singapore on Monday said travellers would need to bear the cost of the transition toward […]
Expect two-wheeler industry to see double-digit revenue growth next fiscal: Hero MotoCorp
Image used for representative purpose only. | Photo Credit: REUTERS The domestic two-wheeler industry is […]
RBI action on Paytm Payments Bank has drawn fintechs’ attention to compliance of laws: Chandrasekhar
Rajeev Chandrasekhar, File. | Photo Credit: Handout E Mail The Reserve Bank’s regulatory action on […]
Govt raises authorised capital of FCI from Rs 10,000 cr to Rs 21,000 cr
File photo | Photo Credit: SRINATH M The government has increased the authorised capital of […]
India’s small exporters reel as Red Sea crisis helps rivals nab business
Atul Jhunjhunwala, an exporter in the Indian eastern city of Kolkata, is tearing his hair […]
ED finds no FEMA violation in Paytm Payments Bank case
According to sources, as there is no PMLA scheduled offences involved in the case of […]
RBI gives 15 more days till March 15 to Paytm Payments Bank to stop transactions
The interface of Indian payments app Paytm. | Photo Credit: REUTERS The RBI on February […]
The Hindu Morning Digest, February 16, 2024
A five-judge Constitution bench comprising Chief Justice of India (CJI) Justice DY Chandrachud, Justices Sanjiv […]
India rejects European FTA bloc’s ‘data exclusivity’ demand to protect generic drug firms’ interest
Image used for representative purpose only. | Photo Credit: P.V. Sivakumar India on Thursday said […]
Muthoot Finance Q3 net profit rises 22% to ₹1,145 cr.
Total income during the third quarter of the ongoing fiscal rose to ₹3,843 crore, as […]
Why fashion's 'recycling' is not saving the planet
Why fashion's 'recycling' is not saving the planet
BHEL reports ₹149 crore net loss in Q3
State-owned BHEL on Tuesday posted a consolidated net loss of ₹148.77 crore for the third […]
‘We must act now’: IT Ministry fears losing out to China, Vietnam in smartphone exports race
Only a fraction of ‘Made-in-India’ phones are exported as some of its parts are subject to […]
Hygiene and sanitation rating system for the hospitality sector yet to take off
Tourists at the snow-covered Mall Road after a fresh snowfall, in Manali. Representational | Photo […]
City Union Bank bags Best Technology Bank award, 6 more
City Union Bank won seven awards under various categories, at the 19th Banking Technology Conference, […]
Direct tax kitty gathers steam, up 20.25% by February 10
Growth in the Personal Income Tax revenues continued to outstrip Corporate Income Tax. Representational | […]
Duty concession on gold will be major concern for India under proposed FTA with Peru: GTRI
Duty concessions on gold, which accounts for 80% of India’s imports from Peru, is the […]
RBI sticks to its mandate to curb inflation by keeping rates unchanged
Mumbai, Feb 8 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das addresses a press […]
The unique Nokia culture in its heydays
An attendee holds a yellow Nokia 8110 4G smartphone, manufactured by HMD Global Oy, during […]
Embraer teams up with Mahindra to bid for IAF’s medium transport aircraft deal
Brazilian aircraft manufacturer Embraer Defense & Security and Mahindra signed a Memorandum of Understanding (MoU) […]
Disruptions in Red Sea route likely to raise freight and forwarding cost by 25-30%: Report
Major shipping lines are avoiding the Suez Canal and are rerouting vessels around the Cape […]
The Paytm Payments Bank debacle | Explained
The story so far: In a major blow to fintech services provider Paytm, the Reserve […]
Parliament panel suggests govt to seek 3 years deferment on EU’s carbon tax for MSMEs
The EU has decided to impose carbon tax — CBAM — from January 1, 2026 […]
India-China bilateral trade hit a new record in 2023: Envoy
Ma Jia, Chargé d’Affaires a.i. of Chinese Embassy in India India and China trade reached […]
With China’s help, Maldives plans to lower dependence on India in tourism, trade and healthcare: Data
Maldives tourism hit: Controversial tweets by Maldives ministers against PM Modi sparked a call by […]
UPI payments hit due to glitch in some banks’ systems
Image for representation. | Photo Credit: The Hindu Digital payments through the popular UPI platform […]
Rupee settles 2 paise lower at 83.05 against U.S. dollar
File. | Photo Credit: C. Venkatachalapathy The rupee declined 2 paise to close at 83.05 […]
‘Rigid, statutory fiscal targets are getting discredited globally,’ says Finance Secretary
T. V. Somanathan, Finance Secretary. File | Photo Credit: The Hindu Almost no country seems […]
ED probing Paytm and bank unit over currency transactions: sources
The interface of Indian payments app Paytm is seen in front of its logo displayed […]
Sony’s plea seeking to restrain Zee over merger denied
Sony and Zee. | Photo Credit: REUTERS Zee Entertainment Enterprises Ltd on Sunday said the […]
Red Sea crisis | Costs up, but no adverse impact on India’s trade so far, says official
Exporters are worried that high freight cost could impact exports. Representational | Photo Credit: PTI […]
Why is fiscal consolidation so important? | Explained
Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha on February 2, 2024. Photo: Sansad […]
Indian economy to grow at 6.7% between fiscals 2024 to 2031: CRISIL
Unfortunately, ‘wise’ , ‘efficient’ and ‘government expenditure’ don’t usually feature in the same sentence. | […]
To curb price rise, Centre tells traders, millers to declare rice stocks on government portal
Worried over the increase in rice prices, the Centre has asked traders/wholesalers, retailers, big chain […]
