[ad_1] In June, retail inflation was at 7.01 per cent and it stood at 5.59 per cent in July 2021. Retail inflation softened to 6.71 per cent in July, mainly […]
Tag: India
Huawei earned $44.8 billion, revenue down 5.9 percent in first half of 2022
[ad_1] Huawei’s revenue dipped by just under six percent in the first half of 2022, company figures showed Friday, as the Covid-19 pandemic and US-China trade rivalry hit sales. The […]
India to be fastest growing economy in the world this year: Govt source
[ad_1] While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output. Rising inflation […]
India best place to invest in tech, startups: Global CEOs
[ad_1] India, with its business-friendly policies and plethora of talent, is the best place to invest in the technology and start-up sectors, said heads of several global companies such as […]
‘Nobody in denial about price rise, but Indian economy…’: Sitharaman in Rajya Sabha
[ad_1] Union finance minister Nirmala Sitharaman on Tuesday asserted that the Indian economy is ‘doing much better’ compared to the situation prevailing in many developed nations. Replying to a short-duration […]
Oil prices shoot above $95 per barrel ahead of OPEC+ meet
[ad_1] Oil prices edged higher in a choppy session after closing at the lowest level in more than five months, as traders counted down to an OPEC+ meeting on supply […]
Will India face Sri Lanka, Pakistan-like economic crisis? Raghuram Rajan’s reply
[ad_1] Former Reserve Bank of India (RBI) governor Raghuram Rajan on Saturday said the central bank has done a good job in increasing the foreign exchange reserves and the country […]
India received highest ever FDI inflow of over ₹6 crore in FY 2021-22
[ad_1] The FDI Equity inflow in manufacturing sectors has increased to ₹1,58,332 crore in the financial year 2021-22 from ₹89,766 crore in the previous year, making it an increase of […]
IIBX: All you need to know about India’s first international bullion exchange, set to open tomorrow
[ad_1] India’s first international bullion exchange will be inaugurated on Friday, by prime minister Narendra Modi, in his home state of Gujarat. Called the India International Bullion Exchange (IIBX), the […]
Infosys misses profit estimates as costs surge
[ad_1] India’s Infosys Ltd on Sunday reported June-quarter profit that missed estimates, hurt by higher employee expenses, but the IT services company raised its annual revenue outlook, citing a strong […]
Airtel chief Sunil Mittal’s salary falls nearly 5 pc to ₹15.39 crore in FY22
[ad_1] Bharti Airtel chairman Sunil Mittal’s remuneration fell nearly five per cent in the financial year 2021-22 to ₹15.39 crore on lower perquisite value, according to the telecom company’s annual […]
Reliance Industries Q1 consolidated net profit surges 46.3% to ₹17,955 cr
[ad_1] Reliance Industries Limited (RIL) on Friday reported a consolidated net profit of ₹17,955 crore for the first quarter of the current financial year as compared to ₹12,273 crore recorded […]
Domino’s India may shift business away from delivery firms Zomato and Swiggy: Report
[ad_1] Domino’s Pizza India franchise will consider taking some of its business away from popular food delivery apps, Zomato and SoftBank-backed Swiggy, if their commissions rise further, according to a […]
IDBI Bank Q1 net profit rises 25 pc to ₹756 cr on better asset quality
[ad_1] IDBI Bank on Thursday reported a 25 per cent rise in its standalone profit after tax (PAT) to ₹756 crore in the quarter ended June, driven by improvement in […]
Unstoppable dollar risks worsening $71 billion Asia stock exodus
[ad_1] The dollar’s relentless rise is threatening to trigger more outflows from Asia’s emerging-market shares, spoiling hopes of the region making a comeback in the second half. A gauge of […]
In 5G battle, Adani vs Ambani vs Mittal for July 26 spectrum auction: Report
[ad_1] Billionaire Gautam Adani’s group is said to be planning a surprise entry into the race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani’s Reliance Jio […]
Gig economy in India to employ 23.5 million by 2030, says NITI Aayog report
[ad_1] India’s gig economy is estimated to employ 7.7 million people and is set to nearly triple to 23.5 million by 2029-30, a new report by the NITI Aayog said […]
Gautam Adani and family pledge ₹60,000 crore for social causes
[ad_1] Ahmedabad: Gautam Adani, Asia’s richest person and his family on Thursday pledged to donate ₹60,000 crore to a range of social causes to mark the business tycoon’s 60th birthday […]
‘At 7.5%, India to be fastest-growing major economy this year’: PM Modi
[ad_1] NEW DELHI: India is expected to grow by 7.5% this year, making it the fastest-growing major economy on the back of the government’s initiatives in technology-led growth, ease of […]
Not easy for airline to turn profit in India: IATA official
[ad_1] It is not easy for an airline to turn a profit in India and a lot of issues such as fare caps and high taxes on aviation turbine fuel […]