Sri Lankan Airlines declares default on its 175 million dollar sovereign-guaranteed bond
Colombo: Sri Lankan Airlines has declared a default on its 175 million dollar sovereign-guaranteed bond, due to its inability to make the December 202...
IMF calls for comprehensive reforms of China’s growth model
IMF has again called for comprehensive reforms of China’s growth model saying that China’s potential growth has started falling and several headwinds ...
IIP growth falls to 4.3 percent in December 2022
New Delhi: The index of industrial production (IIP) fell to 4.3 per cent in December 2022, according to a data released by the Ministry of Statistics ...
Rupee falls 12 paise to 82.63 against US dollar in early trade
Mumbai: The rupee depreciated 12 paise to 82.63 against the US dollar in early trade on Friday as a lacklustre trend in domestic equities and a strong...
Sensex, Nifty fall in early trade
Mumbai: Benchmark equity indices Sensex and Nifty declined in early trade on Friday, tracking negative cues from Asian and global markets.The stocks o...
India’s national accreditation system ranked 5th in the world
India’s national accreditation system under the Quality Council of India (QCI) has been ranked 5th in the world in the recent Global Quality Infrastru...
India’s agricultural and processed food products export up by 13% in current FY 2022-23
New Delhi: India’s agricultural and processed food products export up by 13 per cent to 19.69 billion US dollar in nine months of current fiscal of 20...
Zomato’s net loss widens to Rs 347 crore in December quarter
New Delhi: Online food platform Zomato’s consolidated loss widened to Rs 346.6 crore (year-on-year) for the quarter ended December 31, against a loss ...
Union Minister Ashwini Vaishnaw to launch ‘Digital Payments Utsav’ for promotion of Digital Payments across country
New Delhi: Electronics and Information Technology and Communications Minister Ashwini Vaishnaw will launch the ‘Digital Payments Utsav’ in New Delhi t...
Number of startups in India increases to 86,713 in 2022 from 445 in 2016: Govt
New Delhi: The Government on 08th Feb 2023 said the number of recognized startups has increased from 445 in 2016 to 86 thousand 713 in 2022. The Minis...
GeM crosses 1 lakh 50 thousand crore rupees in Gross Merchandise value in current fiscal year
The Government e-Marketplace (GeM) has crossed one lakh 50 thousand crore rupees in Gross Merchandise value in the current fiscal year. GeM is an onli...
India made IT export worth 479 billion US dollar in past 3 years: Govt
New Delhi: The government yesterday said that India has made an IT export worth 479 billion US dollar in the past three years. Minister of State for E...
RBI announces pilot launch of QR Code-based Coin Vending Machine to improve the distribution of coins
Mumbai: RBI announced that QR Code-based Coin Vending Machine (QCVM) will be launched in collaboration with a few leading banks to improve the distrib...
RBI projects inflation to fall to 5.3 pc in FY24
New Delhi: The Reserve Bank on Wednesday projected retail inflation to ease to 5.3 per cent in next fiscal from 6.5 per cent this year on assumptions ...
CAD likely to moderate in H2 FY23, says RBI Governor
Mumbai: Reserve Bank Governor Shaktikanta Das on Wednesday said Current Account Deficit (CAD) is expected to moderate in second half of 2022-23 from 3...
RBI hikes repo rate by 25 basis points to 6.5 pc
Mumbai: The Reserve Bank on Wednesday hiked key benchmark policy rate by 25 basis points to 6.5 per cent, citing sticky core inflation.This is the six...
Sovereign Green Bonds amounting Rs 16,000 crore will be issued in current FY for green infrastructure
New Delhi: The government has said Sovereign Green Bonds amounting to 16,000 crore rupees will be issued in the current financial year for mobilising ...
Preparations in full swing for Global Investors Summit to be held in Lucknow
Lucknow: Preparations are in full swing for the Global Investors Summit to be held in Lucknow from 10th February till 12th February and G-20 Summit fr...
RBI to announce its final bi-monthly monetary policy review this morning for financial year 2022-23
Mumbai: The Reserve Bank of India will announce its final bi-monthly monetary policy review today, for the financial year 2022-23. The meeting of the ...
Sensex, Nifty gain in early trade
Mumbai: Domestic equity market started on a positive note on Tuesday, with Sensex rising 109 points and Nifty trading with moderate gains amid positiv...
Rupee gains 10 paise to 82.66 against US dollar in early trade
Mumbai: The rupee appreciated 10 paise to 82.66 against the US dollar in early trade on Tuesday on the back of a positive trend in domestic equities a...
Shera Energy seeks to raise Rs 35 crore via IPO
Jaipur: Shera Energy Limited, engaged in the manufacturing of winding wires and strips from copper, aluminium and brass, has proposed to open its Init...
Centre decides to refund performance security, bid security & liquidated damages deducted from MSMEs during Covid-19 pandemic
New Delhi: In a major relief to Micro, Small and Medium Enterprises (MSMEs), the Centre has issued an order to the Ministries to refund performance se...
Agriculture Ministry signs MoU to develop national level digital extension platform
New Delhi: The Ministry of Agriculture and Farmers Welfare signed an MoU in New Delhi yesterday with Digital Green under a public-private partnership ...
Rupee falls 42 paise to 82.50 against US dollar in early trade
Mumbai: The rupee depreciated 42 paise to 82.50 against the US dollar in early trade on Monday, weighed down by a strong American currency and a muted...
Sensex falls over 200 points in early trade
Mumbai: Equity benchmark Sensex declined more than 200 points in early trade on Monday, tracking losses in index-heavyweights Infosys, TCS and HUL ami...
Start-Ups in India grown to about 90,000 from nearly 400 in last eight years: Dr Jitendra Singh
New Delhi: Science and Technology Minister Dr Jitendra Singh has said that the number of Start-Ups in India has grown to about 90 thousand from nearly...
Measures are in place to address excess volatility, says SEBI
Mumbai: Amid the ongoing Adani stock issue, the Securities and Exchange Board of India (SEBI) on Saturday said that it was committed to ensuring an or...
RBI says, banking sector remains resilient and stable
Mumbai: The Reserve Bank of India (RBI) has said that as a regulator and supervisor, it maintains a constant vigil on the banking sector and on indivi...
Sri Lanka’s state-run Litro Gas increases price of LPG cylinders
Colombo: Sri Lanka’s state-run Litro Gas has increased the price of LPG cylinder of 12.5 kg by 334 rupees to 4,743 rupees. The price hike of about 7.5...
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