Browsing Category
Business News
India jumps 6 places on World Bank’s Logistic Performance Index
India was ranked 44th on the index in 2018 and has now climbed to 38th in the 2023 listing. India's performance has drastically improved from 2014, when it was ranked 54th on the LPI.
40% of PM Cares Fund remained unspent till March ’22
PM Cares Fund also gets exemptions under the Foreign Currency Regulation Act (FCRA), and is allowed to receive foreign donations.
ICICI Bank net profit up by 30 per cent to Rs 9,122 crore in Q4
Including non-fund outstanding, the retail portfolio was 45.7% of the total portfolio at March 31, 2023.
Cost efficiencies, skilled manpower attract offshore units to India
Amid gloomy economic outlook, firms considering moving work to less expensive locations
PFC sanctions Rs. 633 crores for a greener Delhi; BluSmart Mobility deploy 5000 EVs and 1000 EV…
New Delhi: Power Finance Corporation Ltd (PFC), a Maharatna PSU and leading NBFC in Indian power sector, has sanctioned a loan of ₹633 crores to Gensol Engineering Ltd (GEL) for the purchase of 5,000 passenger Electric Vehicles (EVs) and…
Gold shines on Akshaya Tritiya with 20 per cent returns, set to rise further
The sale of yellow metal rises on Akshaya Tritiya as it is considered buying gold is considered to be auspicious on this day.
Enjoying emotional health: Benefits of detoxing our mind
Chandigarh: Life would throw us challenges, but when we learn to detox our minds, we can deal with them without putting our emotions into turmoil
Polluting our mind with toxins can lead to problems that affect our mental and emotional…
International trade in rupee currency soon: Piyush Goyal
The Reserve Bank of India (RBI) has approved 60 requests to open Special Rupee Vostro Accounts (SRVAs) of correspondent banks from 18 countries, including the UK, Singapore, and New Zealand.
Reliance brings British coffee shop Pret A to India
The maiden store is being launched in Maker Maxity, Mumbai and according to Reliance, this will be the first of many shops set to open later this year.
HCLTech Q4 net profit rises 11 per cent at Rs 3,983 crore
For FY23, the company’s revenue crossed the Rs 1,00,000 crore mark. HCLTech Services revenue for the full year was up 15.8% in constant currency.
Rupee gains 1 paisa to 82.16 against US dollar
At the interbank foreign exchange, the domestic unit opened strong at 82.11 against the dollar and hit the lowest level of 82.17 before trading at 82.16, registering a rise of 1 paisa.
Prestige, Godrej, Lodha report record sales booking in FY23
The other big player, DLF, is yet to announce its FY23 numbers. However, it is expected that the New Delhi-based realtor sales bookings may hit the Rs 15,000 crore mark.
Mankind Pharma Rs 4,326 crore IPO to open on April 25
The value of Delhi-based company, which is backed by private equity firm ChrysCapital- is pegged at Rs 43,264 crore at the top end of the offer price.
Asian chip makers must cut soaring emissions: Greenpeace
The global semiconductor manufacturing industry is projected to emit 86 million tonnes of carbon dioxide equivalent in 2030 -- more than double Portugal's total emissions in 2021 -- Greenpeace said.
King Charles’s private fortune estimated at £1.8bn: Report
The British Daily has arrived at the figure after "extensive research and analysis."
King Charles III has inherited assets that have propelled his wealth to almost £2bn, The Guardian reports.
The British Daily has arrived at the figure…
Govt denies any changes in capital gains tax
The government on Tuesday denied reports of overhauling in the capital gains tax laws to bridge inequality of income in India.
Private Equity activity lowest in eight quarters in Q1
It recorded only 256 deals worth $5.3 billion, which is the lowest in the last eight quarters, according to the deal tracker report by Grant Thornton Bharat.
Unpaid subsidies killing EV Revolution: SMEV
SMEV had last week said that in FY23 electric 2W adoption ended “with an annual shortfall of more than 25% over the minimum target set by Niti Aayog and various research organisations”.
Entry of apple flags jobs, services for middle class
The current flavour includes stories ranging from Apple CEO Tim Cook enjoying Mumbai’s street food wada-pav, to advertorials on the iconic timber used in the 20,000 sq ft Mumbai store.
It’s been the week of The Apple. The premium iPhone…
Union Min. RK Singh inaugurates POWERGRID Vishram Sadan in Vadodara
Vadodara: POWERGRID Vishram Sadan was inaugurated by R.K. Singh, Union Minister for Power, New and Renewable Energy in presence of Smt. Ranjanben Bhatt, Hon’ble MP, Vadodara, Keyurbhai Rokadiya, MLA, Nileshbhai Rathod, Mayor,
Vadodara,…