Economy

Mumbai:  The need to raise 'Reverse Repo' rate during the upcoming monetary policy review "can wait" till concerns over Covid-19's new variant --Omicron are addressed, said SBI Ecowrap report. Lately, concerns have risen over Omicron's…
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Mumbai: India's foreign exchange reserves fell by $2.71 billion during the week ended November 26. The Reserve Bank of India's forex reserves decreased to $637.687 billion from $640.401 billion reported for the week ended November 19.…
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New Delhi:  The Centre on Friday tabled its second batch of supplementary demands for grants in the Parliament, seeking additional Rs 3.73 lakh crore funds for FY22. The second batch of FY22 'Supplementary Demands for Grants' includes 69…
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New Delhi:  Driven by the reopening of the retail, hospitality and education sectors after a long 18-20 months of pandemic-driven lockdowns, India saw a 26 per cent (on-year) growth in hirings in the month of November as compared to last…
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New Delhi:  The 30-scrip Sensitive Index (Sensex) rose in the early trade on Friday. Indices have been gaining for the past three consecutive sessions. At 9.15 a.m., the S&P BSE Sensex traded at 58,671 points, up 0.37 per cent. It…
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Mumbai: Luxury car manufacturer Audi India plans a price increase of up to 3 per cent across its entire model range owing to rising input and operational costs, effective from January 1, 2022. "To offset rising input and operational…
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New Delhi: In a global-first move, ride-hailing major Uber and Meta-owned messaging platform WhatsApp on Thursday announced that people in India can now book an Uber ride via the company's official WhatsApp chatbot. The service is being…
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New Delhi: A significant report from a US-based nonprofit organisation has claimed that Amazon is exploiting its position as a gatekeeper to impose steep and growing fees on third-party sellers, raking in big moolah. In 2019, Amazon…
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Mumbai:  Non-bank wealth solutions firm Anand Rathi Wealth has garnered Rs 193.87 crore from anchor investors ahead of its initial share sale that opens for public subscription on Thursday. On Wednesday, the company informed the bourses…
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New Delhi:  Late withdrawal of this year's monsoon season, along with a subdued festive season demand, dented two-wheeler major Hero MotoCorp's total sales during November on a year-on-year basis. The total sales during last month…
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