Mumbai (IANS) The Indian rupee depreciated 24 paise to close at 79.80 against the US dollar on Friday ending the week on the weak note. At the interbank foreign exchange market, rupee ended at 79.80, as against 79.56 against the … read more
New Delhi (IANS) India’s eight core sectors logged a growth of 4.5 per cent (provisional) last month (July) down from the growth rate of 9.9 per cent logged during July 2021, said the Ministry of Commerce & Industry. The government … read more
Mumbai (IANS) With festival season nearing, investors in India will closely monitor the impact of inflation and front-loading of rate hikes by the RBI on domestic demand, according to the report by Bank of Baroda. In the coming days, global … read more
The week gone by saw markets gain on three of the five trading sessions, yet they lost considerable ground. The start of a new September futures series was also a mixed bag with the series beginning with a bang but … read more
Chennai (IANS) A majority of Indian states have budgeted to meet the fiscal deficit target of 3.61 per cent from 3.71 per cent in FY22 revised estimates (RE), as per a report from Bank of Baroda. The bank’s economist studied … read more
Chennai (IANS) Credit rater Moody’s Investors Service on Wednesday said it has withdrawn the National Highways Authority of India’s (NHAI) Baa3 issuer rating and (P)Baa3 senior unsecured medium-term note programme rating. Prior to the withdrawal, the outlook on the issuer … read more
New Delhi (IANS) Growth opportunities for airlines are tremendous as passenger volume will double from 200 million currently to 400 million over the next seven to 10 years”, said Jyotiraditya Scindia, Union Minister for Civil Aviation on Tuesday. Speaking at … read more
New Delhi (IANS) The Confederation of All India Traders (CAIT) has asked traders to increase their stocks as people are going to buy more in the upcoming Diwali festival season. Citing a YouGov report, CAIT has said that nearly 36 … read more
San Francisco (IANS) Digital payments platform Stripe has reportedly laid off some of the employees who support TaxJar — a tax compliance startup that it acquired last year. The layoffs — conducted over the last month — are related to … read more
New Delhi (IANS) After successfully taking off on the Mumbai-Ahmedabad and Bengaluru-Kochi routes, Akasa Air, India’s newest airline, on Friday inaugurated its first service on the Bengaluru-Mumbai route, enabling it to offer twice-daily flights in each direction. Further expanding its … read more