Business news
- Business
Rupee falls 10 paise to close at 82.40 against US dollar on forex outflows
Mumbai: The rupee pared its initial gains to close 10 paise down at 82.40 against the US dollar in a restricted trade on Tuesday. At the interbank forex market, the local unit…
- Business
Adani Defence and Aerospace to acquire Air Works for enterprise value of Rs 400 cr
Ahmedabad: Adani Defence Systems & Technologies Ltd (ADSTL) has signed definitive agreements to acquire Air Works, Indias biggest and highly diversified independent MRO with the largest pan-India network presence across 27 cities.…
- Bangalore
Karnataka CM indicates an action plan for creating $ 1 trillion GDP
Bengaluru: Karnataka Chief Minister Basavaraj Bommai on Tuesday indicated to prepare an action plan for creating $1 trillion GDP for Karnataka. He was speaking after launching the report “Karnataka: A $1 Trillion…
- Business
NCLT extends Rel Cap resolution deadline to Jan 31, 2023
Mumbai: NCLT extends Reliance Capital resolution process completion deadline to January 31, 2023. The earlier deadline was November 1, 2022. This is the third extension, as the timeline has been extended twice…
- Business
PM Modi to inaugurate DefExpo22 in Gujarat on Wednesday
New Delhi: Prime Minister Narendra Modi on Wednesday will embark on a visit to Gujarat where he will inaugurate the DefExpo22 and also lay the foundation stone of projects worth around Rs…
- Business
Rupee to trade in Rs 82.25-82.75 band against dollar: Bank of Baroda
Chennai: The intervention by the Reserve Bank of India (RBI) in the forex market will keep the Indian rupee in Rs 82.25-82.75 band against the US dollar in the near term, said…
- Business
UP govt hikes DA of its employees to 38% from July 1, 2022
Lucknow: Ahead of Diwali, the Uttar Pradesh government has announced an increase in dearness allowance and dearness relief of its employees and pensioners from 34 per cent at present to 38 per…
- Business
Meta surpasses $2 bn revenue mark in India
New Delhi: Meta Platforms, which owns Facebook, WhatsApp and Instagram, surpassed $2 billion in revenue in India in FY22, which has become a strategic market for the US company. The social network…
- Business
Builders’ properties worth Rs 270 crore to be auctioned on Nov 3
Greater Noida: The auction of residential, commercial properties of the builders seized so far will be held on November 3 with the most expensive property being of Rs 54 crore and the…
- Business
Increase in crude prices will weaken Indian oil companies: Moody’s
Chennai: A Rs 220 billion one time grant to the three oil marketing companies by the Centre would cover their losses on sales of domestic liquefied petroleum gas (LPG) they still incur…
- Business
FM deserves Phd: Cong on Sitharaman’s dollar strengthening statement
New Delhi: Taking a jibe at Nirmala Sitharaman over her statement that Indian currency is not sliding, the dollar is strengthening, the Congress on Monday said that the Finance Minister qualifies for…
- Business
PM says dedicated banking units to strengthen financial inclusion
New Delhi: Prime Minister Narendra Modi on Sunday dedicated 75 digital banking units (DBUs) across the 75 districts to the nation through video conferencing, stating that it will further financial inclusion and…
- Business
5G services to be rolled out in Odisha by March 2023: Vaishnaw
Bhubaneswar: High-speed 5G services will be rolled out in a few big cities of Odisha by March 2023, Union IT Minister Ashwini Vaishnaw said here on Sunday. Speaking to media persons here,…
- Business
Nirmala Sitharaman meets EU Economy Commissioner, discusses India’s G20 presidency
Washington, Oct 14 (IANS) Finance Minister Nirmala Sitharaman on Friday met Paolo Gentiloni, Commissioner of Economy at EU Commission, on the sidelines of IMF-WBG Annual Meetings here. Both the leaders discussed issues…
- Business
Gold falls Rs 261; silver declines Rs 692
New Delhi: Gold price fell by Rs 261 to Rs 51,098 per 10 grams in the national capital on Friday amid a decline in the prices of yellow metal in the international…
