Byju’s to announce its FY22 results in the second week of October
Indian edtech company Byju's has postponed the release of its FY22 results to the second week of October, causing concern among regulato...
Italy plans 21-billion euro asset sell-off to keep debt in check
Italy plans to generate 1% of GDP, equivalent to €21 billion ($22.2 billion), through asset sales between 2024 and 2026, according to the Tr...
Key infra sector growth rises to 14-month high of 12.1% in August
The growth of eight key infrastructure sectors rose to a 14-month high of 12.1 per cent in August 2023 against 4.2 per cent a year ago, main...
Vedanta raises funds at higher rates amid company rejig: bankers
Indian company Vedanta Ltd, a subsidiary of Vedanta Resources, has raised INR 25 billion ($301.06 million) through the sale of bonds with an...
India markets regulator asks MCX to put launch of new platform on hold
The Multi Commodity Exchange of India (MCX) has been asked by the country's markets regulator, the Securities and Exchange Board of Indi...
Accenture forecasts 2% to 5% growth in 2024 fiscal
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Bank holidays October 2023: Banks to remain shut on these days; take note of state-wise list of bank holidays
Bank Holidays 2023 list: If you have any financial transactions to undertake during this month, it is crucial to be aware of the bank holida...
Air India partners with fashion designer Manish Malhotra to design new uniforms for airline employees
Air India has partnered with fashion designer Manish Malhotra to design new uniforms for its frontline employees, including cabin crew, cock...
Italy's debt risk premium hits 6-month high; focus on growth, EU fiscal rules
Italy's sovereign debt risk premium briefly hit its highest level in over six months on Thursday as investors repositioned for lower gro...
Why Noida Airport has increased its passenger traffic forecast to 6.5 million in first year of business
Noida International Airport: Christoph Schnellmann, CEO of Noida Airport, attributed the optimistic outlook to the rapid rebound of Indian a...
Haldiram’s packaged snacks sales hit $1.1 billion as Indians prefer desi snacks over Western chips
Haldiram's surpassed PepsiCo in India's snack market roughly five years ago to become the country’s largest snack brand. Since then,...
Infosys to start next appraisal cycle, but salary hikes from last cycle still pending
During an earnings conference following the first quarter, Infosys' Chief Financial Officer, Nilanjan Roy, indicated that roll out of an...
Rupee trades flat against US dollar amid gains in equities
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Churchill’s Old War Office inaugurated as Hinduja’s luxury hotel; Rishi Sunak attends ceremony
The Old War Office in London has been transformed into a luxury hotel by the Hinduja Group and Raffles Hotels & Resorts. The opening cer...
Tourism to contribute $3 trillion towards GDP by 2047, says Nakul Anand
The Federation of Associations in Indian Tourism & Hospitality (FAITH) predicts that tourism will contribute $3 trillion to India's ...
Vietjet to start flight between Ho Chi Minh City and Tiruchirappalli from November 2
Vietjet announced a direct route between Ho Chi Minh City, Vietnam, and Tiruchirappalli, India, with three weekly return flights starting on...
Indonesia bans e-commerce transactions on social media
Indonesia has implemented a ban on e-commerce transactions on social media platforms, primarily affecting TikTok and its shopping platform. ...
Rupee snaps two-day fall, recovers 6 paise against US dollar
The rupee on Wednesday staged a recovery after two days of steep losses to end 6 paise higher at 83.22 (provisional) against the US dollar o...
Stock markets rebound on positive trend in Asian, European equities
The 30-share BSE Sensex rose by 173.22 points or 0.26 per cent to settle at 66,118.69. The Nifty gained 51.75 points or 0.26 per cent to end...
Govt plans to sell 50-year bond to cater to growing demand
India plans to sell 50-year bonds for the first time to meet the growing demand from insurance and pension funds. This move is aimed at exte...
ideaForge, GalaxEye ink pact for foliage penetration radar tech
Indian UAV manufacturing firm ideaForge and space tech startup GalaxEye have signed an MoU to develop a UAV FOPEN radar for security forces....
Aditya Birla Finance's NCDs offer around 1% higher returns than fixed deposits - know about AAA rated alternative
Aditya Birla Finance's Non-Convertible Debentures (NCDs) come with three, five, and ten-year tenures, offering investors annual interest...
How local brands like Balaji Wafers, Rungta Tea are taking the fight to big FMCG players
Brands like Rungta Tea, Balaji Wafers, Mario Rusk, and Bovonto soft drinks are among those increasing their brand visibility and diversifyin...
How India may lower basmati minimum export price to counter Pakistan move
Trade sources revealed that Commerce Minister Piyush Goyal held a virtual meeting with basmati exporters, during which industry representati...
1,900% surge: Why Sebi is concerned about stock-price manipulation in SME segment
India's markets regulator, the Securities & Exchange Board of India (Sebi), is increasing its monitoring of platforms catering to sm...
RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank
The RBI has imposed penalties on SBI, Indian Bank, and Punjab & Sind Bank, for violating various regulatory norms. SBI has been fined Rs...
Air India signs codeshare pact with AIX Connect
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Tata Communications joins Air France–KLM’s sustainable aviation fuel programme
Air France-KLM Group Monday announced that Tata Communications has joined its corporate sustainable aviation fuel (SAF) program to promote a...
Buying gold jewelry? Monthly payment schemes by leading brands becoming popular
Gold monthly payment schemes gain traction: Tata Group’s Tanishq got Rs 3,890 crore in FY23 through this deposit scheme, marking a 44% rise ...
EU warns China it will be ‘more assertive’ in defending interests
The European Union's chief trade negotiator, Valdis Dombrovskis, has warned China that the bloc will be more assertive in upholding fair...
RBI may let wilful defaulters shed label after settlement
The Reserve Bank of India (RBI) has issued a draft master direction on the treatment of wilful defaulters, allowing borrowers to remove the ...
IndiGo announces operations to Almaty in Kazakhstan
IndiGo announced the commencement of operations to Almaty, Kazakhstan, marking its 32nd international and 111th overall destination. Effecti...
30 out of 40 applicants may qualify for Rs 17kcr production-linked incentive for IT hardware
Around 30 out of 40 applicants are expected to qualify for Rs 17,000-crore production linked incentive scheme for IT hardware, according to ...
Drinks company in Poland appoints AI robot as 'experimental' CEO
A drinks company in Poland has reportedly appointed an AI robot as its 'experimental' CEO. Dictador, best known for its rums, has ap...
China's central bank adviser proposes structural reforms to revive economy
China's room for further monetary policy easing is limited, according to a central bank adviser. Instead of relying on macroeconomic pol...
Canada flow ‘comfortable’, but India expands masur dal imports
The Indian government is "comfortable" with the amount of red lentils imported from Canada amid tensions between the two countries...
Number of govt-recognised startups crosses 1 lakh mark: Piyush Goyal
The number of government-recognized startups has increased to over 1 lakh at present from 450 in 2016, commerce and industry minister Piyus...
TRAI initiates consultation to foster R&D in telecom, broadcasting and IT sectors
The Telecom Regulatory Authority of India (TRAI) has taken a significant step towards promoting research and development (R&D) in the te...
Two big semiconductor proposals under process in India: Union minister Vaishnaw
Union minister Ashwini Vaishnaw said on Saturday that two big semiconductor proposals are under process and expected to take shape in the c...
Construction of Micron’s $2.75 billion plant in Sanand begins
S-based Micron Technology on Saturday held the groundbreaking ceremony for its $2.75 billion (approximately Rs 22,540 crore) chip assembly a...
PhonePe announces Indus appstore developer platform, invites Android app developers to list applications on it
PhonePe announced the launch of the Indus appstore developer platform, and invited all Android app developers to list their soon-to-be launc...
Vistara announces weekly flights between Mumbai and Frankfurt
Indian airline Vistara has announced the launch of direct flights between Mumbai and Frankfurt, starting from November 15. The new route wil...
Apple emerges as largest smartphone exporter from India
Apple's share of exports soared from just 9% of the roughly 8 million smartphones shipped in Q2 2022, to almost half the total smartphon...
$30 billion inflows expected! Why JPMorgan’s inclusion of Indian bonds in its global index is a big boost
This development is also likely to stabilize the Indian rupee, reduce interest rates, lower bond yields, and subsequently reduce the cost of...
European Union trade chief seeks more balanced economic ties on China visit
European Trade Commissioner Valdis Dombrovskis will visit China to discuss reducing restrictions on European businesses. The visit comes sho...
'Ambani's Viacom18 to strike deal with Blackstone for new Mumbai HQ'
Viacom18, the broadcasting unit of Mukesh Ambani, is set to lease a 400,000 square feet headquarters in Mumbai from Nucleus Office Parks, ow...
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