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India's 'FIA Global' pivotal to Nepal's growing GDP in 2022

FIA's digital-remittance platform does over 13,000 transactions every month, with a majority of Nep…

PTI   


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4 mins read

Inflows into equity mutual funds plunge sharply in November; MFs trim holdings in ICICI Bank, HCL Tech, Kotak Mahindra Bank

Flows into equity mutual fund schemes tanked in November to ₹2,258 crore as against ₹9,390 crore…

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Startups hoping for quick resolution of SVB crisis post FDIC intervention

"FDIC's communication yesterday saying all depositors will get access to their funds is a relief to…

PTI   


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India's forex reserves rise to $531 billion during week ending October 28

In October 2021, the country's foreign exchange reserves had touched $645 billion. However sin…

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1 min read

KV Kamath appointed independent director of Reliance Industries, Jio Financial Services

The Board of Directors also approved the postal ballot notice in this regard. Kamath will c…

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4 mins read

More losses than profits! Read the real numbers here

In this year’s Railway Budget, Suresh Prabhu increased plan outlay to Rs 1.21 lakh crore from aroun…

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2 mins read

The US thinks that the RBI’s public credit bureau will squeeze out India’s private players

The public credit database will accumulate information on all borrowers along with outstanding …

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Indian government finally comes to a decision on Angel Tax, changes definition of startups

The Indian government has announced a new definition for startups to handle the angel tax issue. …

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16 states have agreed to share the Centre’s expenses for the development of the railways

Railways has undertaken the steps to mobilise resources over and above the available budgetary reso…

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India’s last postal printing press will soon shut down

As expected, the employees are terribly disappointed and feel this move is unwarranted, especia…

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3 mins read

Railway Budget 2015: A five-pronged strategy to revive Indian railways?

The Union Minister has asserted that the government will be focused on building new partnerships as…

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Railway Budget 2015: Railways goes populist again, fare hike not on cards

According to media reports, despite a staggering balance sheet, the minister decided against the mo…

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3 mins read

Will NITI Aayog Effectively Substitute Nehruvian Planning Paradigm?

The Planning Commission was established on 15 March 1950, with the then Prime Minister Jawaharlal N…

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1 min read

Sensex snaps two-day losing streak, jumps 403 points

The broader NSE Nifty advanced 110.85 points or 0.60 per cent to end at 18,608. From the Se…

PTI   


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ADB trims economic growth forecast for developing Asia; retains India FY23 GDP growth at 7%

The Asian Development Bank (ADB) has lowered its economic growth forecasts for the developing Asia …

ANI   


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Sula Vineyards IPO subscribed 59% on day 2: QIB portion receives no bids

The IPO of Nashik-based winemaker has been subscribed 0.59 times on the second day of the subscript…

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Rupee declines 36 paise to end at 82.87 against US dollar

Risk aversion sentiment among investors ahead of the US Federal Reserve's interest rate decision…

PTI   


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Textile bodies welcome RBI measures

Conversion of deferred interest as a one-year term loan would also help the companies manage the li…

PTI   


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4 mins read

Infosys second quarter earnings deliver on all fronts led by highest ever deal wins worth $3.15 billion — raises annual guidance to 2% to 3%

India’s second-largest IT services company Infosys has reported an 16.2% jump in net profits and 4%…