Economy

New Delhi: India's travel and tourism players have welcomed the Centre's latest guidelines easing the restrictions on foreign arrivals. The Centre has removed the clause of a seven day quarantine period for all nationals. Besides, it has…
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Mumbai: Two-wheeler major Hero MotoCorp on Thursday reported a fall of 36.71 per cent in its Q3FY22 standalone net profit on a year-on-year basis. The company's standalone net profit during the period under review fell to Rs 686 crore…
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New Delhi: Beverages major Coca-Cola India's brand -- Thums Up -- has become the company's first $1 billion brand. As per the Coca-Cola company's global 'Fourth Quarter and Full-Year 2021' results, the cola brand has put the "Thunder"…
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New Delhi: The Confederation of All India Traders on Thursday urged Union Finance Minister Nirmala Sitharaman to withdraw the proposed GST tax on textiles. In the GST Council meeting in late 2021, it was unanimously decided to defer the…
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Mumbai: The Reserve Bank of India's Monetary Policy Committee (MPC) on Thursday retained key short-term lending rates during the sixth and final monetary policy review of FY22. Besides, the growth-oriented accommodative stance was also…
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Mumbai: Automobile major Mahindra & Mahindra on Thursday reported a rise of 57 per cent in its Q3FY22 consolidated net profit on a year-on-year basis. The net profit rose to Rs 1,987 crore during the quarter under review from Rs…
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New Delhi: The Supreme Court on Thursday asked Kalanithi Maran, the former promoter of SpiceJet, to consider the full and final settlement offer made by the private airline to end the dispute in a share transfer matter. A bench headed by…
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New Delhi:  The Reserve Bank of India (RBI) on Thursday proposed to enhance the cap under e-RUPI prepaid digital vouchers. The present cap of Rs 10,000 will be increased to Rs 1 lakh per voucher and such vouchers will be allowed to be…
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Mumbai:  Covid's ongoing third wave has led to "some loss of momentum in economic activity" which has been reflected in high frequency indicators, Reserve Bank of India (RBI) Shaktikanta Das said on Thursday. He also pointed out that…
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On a 2-year CAGR basis, the retail weighted received premium (RWRP) growth in YTDFY22 is 10.2 per cent for the private life insurers and (-) 6.6 per cent for LIC. This divergent growth trend has led to the private sector gaining 8 per…
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