Browsing Category
Economy
Debasish Panda takes charge as IRDAI Chairman
Chennai: Retired bureaucrat Debasish Panda on Monday took charge as the Chairman of Insurance Regulatory and Development Authority of India (IRDAI).
He will hold office initially for a period of three years.
After a gap of more than 11!-->…
Read More...
Read More...
I’ll use Rs 10 cr to give 1,000 jobs, not buy a dining table: Ashneer Grover
New Delhi: Former BharatPe Co-founder and Managing Director Ashneer Grover has hit back at the company's Board, saying he never bought a dining table worth Rs 10 crore as being reported.
In a tweet, Grover said he would rather put Rs 10!-->…
Read More...
Read More...
Ruchi Soya hits 20% upper circuit as company to launch FPO
New Delhi: Ruchi Soya shares hit the 20 per cent upper circuit on Monday after the diversified FMCG company announced it will launch its follow-on public offer (FPO) worth Rs 4,300 crore on March 24.
A follow-on offering is an issuance!-->…
Read More...
Read More...
Soaring LNG prices likely to drive up India’s Rs 1 tn fertiliser subsidy
New Delhi: India's heavy reliance on imported Liquified Natural Gas (LNG) as a fertiliser feedstock exposes the nation's balance sheet to ongoing global gas price hikes, increasing the government's fertiliser subsidy bill, a new report!-->…
Read More...
Read More...
India’s Feb wholesale price inflation rises to 13.11%
New Delhi: Higher prices of manufactured goods pushed up India's February 2022 wholesale inflation on a sequential as well as on a year-on-year basis.
Accordingly, the annual rate of inflation, based on wholesale prices, rose to 13.11!-->…
Read More...
Read More...
HDFC Bank shares rise as RBI lifts curbs on bank’s digital initiatives
New Delhi: Shares of HDFC Bank rose significantly on Monday after the Reserve Bank of India lifted the restrictions on the bank regarding its business generating activities planned under the 'Digital 2.0' programme.
In December 2020,!-->…
Read More...
Read More...
FPIs sold more in past year vs 2008 global financial crisis
New Delhi: The ongoing sell-off by foreign portfolio investors (FPI) in Indian equities is turning out to be the highest selling spree since the global financial crisis of 2008.
During the past 12 months, cumulative selling was worth $36!-->…
Read More...
Read More...
Sensex opens marginally high on Monday
New Delhi: India's key equity index, Sensex, extended its rally from the previous week and traded marginally higher during the early session on Monday.
At 9.44 a.m., Sensex was 0.2 per cent or 91 points up at 55,642 points. However,!-->…
Read More...
Read More...
Western countries putting pressure on China to limit Russia’s access to yuan reserves
New Delhi : The Western countries are putting pressure on China to limit Russia's access to its yuan reserves, Russian Finance Minister Anton Siluanov said.
He recalled that part of Russia's gold and foreign exchange reserves is in yuan.!-->…
Read More...
Read More...
Paytm CEO arrested for rash driving, released on bail
New Delhi : Paytm CEO Vijay Shekhar Sharma was arrested by the Delhi Police for allegedly ramming into a senior police official's car in February and later was released on bail, a senior official confirmed the incident on Sunday.
Delhi!-->…
Read More...
Read More...