[ad_1] The International Monetary Fund on Tuesday projected a growth of 8.2 per cent for India in the current fiscal year, this amid the global growth projection at 3.6 per […]
Category: Business
Business
Ukraine’s economy to collapse by 35% due to war, Russia’s GDP to fall by 8.5%, predicts IMF
[ad_1] The “seismic” impact of the war in Ukraine is spreading worldwide, causing the IMF on Tuesday to sharply downgrade its 2022 global growth forecast to 3.6 percent. That slowdown, […]
World’s richest person reveals he doesn’t own a house, sleeps in friends’ spare bedrooms: Report
[ad_1] SpaceX, Elon Musk’s rocket company, is valued at $74 billion after a funding round in February 2021. Believe it or not – the world’s richest person, Elon Musk, doesn’t […]
Markets end day in red; Sensex slumps over 700 points to 56,463, Nifty down 215 points at 16,959
[ad_1] Markets end day in red; Sensex slumps over 700 pints to 56,463, Nifty down 215 points at 16,959. BSE Sensex Published on Apr 19, 2022 03:47 PM IST Markets […]
Cryptocurrency could be used for financing terror, money laundering: Finance minister
[ad_1] Amidst the pioneering fintech revolution, the biggest risk of cryptocurrency could be money laundering and its use for financing terror, said Union Minister of Finance Nirmala Sitharaman on Monday […]
Sensex jumps 293 points in early session; gives up gains in choppy trade
[ad_1] Benchmark indices bounced back in early trade on Tuesday after facing heavy drubbing in the previous session, with Sensex jumping 293.15 points. Sensex was trading 293.15 points higher at […]
Why ED attached Amway India’s assets worth crores? Things to know about the case
[ad_1] Amway India, one of the country’s renowned multi-level marketing company on Monday had its assets worth ₹757 crore attached by the Enforcement Directorate in a money laundering case. The […]
Digital News Publishers Association undergoes rejig, draws plan for this year
[ad_1] The Digital News Publishers Association highlighted its initiatives in fighting against fake news and working for the freedom of media among its efforts in the recent years. The Digital […]
GST Council not planning to raise tax slab from 5% to 8%, says Centre
[ad_1] According to government sources, the Group of Ministers has still not prepared its report on rate rationalisation and it is yet to be submitted to the council. The date […]
Sensex plunges 1,172 pts as Infosys, HDFC twins play spoilsport
[ad_1] Equity benchmarks went into a tailspin on Monday, with the Sensex tumbling 1,172.19 points, dragged down by heavyweights Infosys and HDFC twins amid a weak trend in Asian markets. […]
ED attaches assets worth ₹757 crore of Amway India in money laundering case
[ad_1] The ED alleged that Amway was running a pyramid fraud in the guise of direct selling multi-level marketing network. It is observed that the prices of most of the […]
March high inflation rate due to Russia-Ukraine conflict, says government
[ad_1] March inflation: In March 2021, the government had registered a WPI of 7.89 per cent, according to the official figures. The high rate of inflation in March “is primarily […]
US natural gas prices at 13-year high as Ukraine war creates global supply crunch
[ad_1] A global fuel crunch is rippling across markets as suppliers struggle to meet a post-pandemic surge in consumption, further exacerbated by the war in Ukraine. US natural gas prices […]
Gold prices hit 1-month high as Ukraine crisis dampens risk appetite
[ad_1] Gold prices rose on Monday to their highest since mid-March, as the Russia-Ukraine crisis soured risk sentiment and drove investors to the safety of bullion. Spot gold was up […]
Markets open in red as Sensex plunges over 1,000 points, Nifty down to 17,200
[ad_1] Indian shares dropped early on Monday, hammered by a crash in IT stocks after Infosys slid 9% on missing March-quarter profit estimates. The NSE Nifty 50 index was down […]
Elon Musk’s Elvis Presley song tweet amid Twitter takeover bid: ‘Love me tender’
[ad_1] Elon Musk is known for his cheeky tweets. But the world’s richest person is also known for big business goals. As his $43 billion Twitter takeover bid continues to […]
7 of top 10 firms lost ₹1.32 lakh crore in market-cap, starting with Reliance
[ad_1] Seven of the 10 most valued firms suffered a combined erosion of ₹1,32,535.79 crore in market valuation last week, with Reliance Industries emerging as the worst hit. In the […]
Centre amends FEMA rules to allow 20% FDI in LIC
[ad_1] The government has amended rules of the Foreign Exchange Management Act (FEMA), paving the way for up to 20 per cent foreign direct investment in the insurance behemoth LIC. […]
Sri Lanka stock exchange to halt for five days from April 18
[ad_1] The board of directors of the stock exchange, along with other stakeholders, had sought a temporary closure of the market, the Securities and Exchange Commission of Sri Lanka said […]
Explained: What Twitter’s ‘poison pill’ is supposed to do
[ad_1] Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades. WHAT […]