New Delhi (IANS) Mobile Premier League (MPL), one of the most valued gaming platforms, has registered losses to the tune of about $149.3 million in FY22, from $48.3 million in FY21 — a three times surge, media reports said on … read more
New Delhi (IANS) Online food delivery platform Swiggy’s losses doubled to Rs 3,629 crore in FY22 compared to Rs 1,617 crore in the last fiscal year. Total expenses went up 131 per cent to Rs 9,574.5 crore in FY22. According … read more
New Delhi (IANS) The GST collections for December 2022 stood at Rs 1,49,507 crore — 2.5 per cent more than Rs 1,45,867 crore collected in November 2022, according to figures released by the Finance Ministry on Sunday. However, on year-on-year … read more
New Delhi (IANS) The government’s reforms to boost local manufacturing have triggered the creation of new jobs in the sector, and 60 per cent of employers in the manufacturing segment aim to recruit and expand their resource pool in the … read more
New Delhi (IANS) Under India’s G20 presidency, one of the priorities is to develop a framework for global regulation, including the possibility of prohibition of unbacked crypto assets, stablecoins and DeFi (Decentralised Finance), the Reserve Bank of India (RBI) has … read more
Chennai (IANS) The Nifty of NSE is to attain a level of 19,500 by the end of next year and the Sensex of the BSE at 64,500, forecast Emkay Global Financial Services. Emkay Global expects Nifty to attain a level … read more
New Delhi (IANS) Paving the way for the global hospitality industry, in a one of its kind remarkable feat, 10 properties of the ITC Hotels Group have attained “Net Zero Carbon Status” by achieving coveted “LEED Zero Carbon Certification” by … read more
New Delhi (IANS) A general perception is that most of the rural population is not well versed with digital banking in India. However, in what can be termed as a revelation, according to a pan-India “Financial Literacy and Inclusion survey” … read more
Markets in the week gone by opened on a positive note and were up on Monday. The optimism seemed to have then disappeared as we fell on each of the remaining four days of the week. On Friday, one failed … read more
New Delhi (IANS) Saying that inflation remains above the upper tolerance level, Reserve Bank of India (RBI) Governor Shaktikanta Das stated that calibrated monetary policy action is warranted to contain build-up in underlying inflationary pressures. “Our successive rate actions since … read more