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Home  Business

Business

India’s services sector activity moderates in Aug; exports expand at series record pace

India’s services sector activity moderates in Aug; exports expand at series record pace

  • FM asks financial entities to ensure customers nominate heirs

    Union Finance Minister Nirmala Sitharaman on Tuesday asked banks and financial institutions to ensure that their customers nominate heirs
  • Paytm disburses Rs 5,517 crore loans in August, deploys 87 lakh devices for offline payments

    Paytm said it disbursed USD 667 million (Rs 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments
  • Automobile retail sales see 9 pc growth in August: FADA

    Automobile retail sales in India rose by 9 per cent in August aided by sales growth in all segments, including passenger vehicles and two wheelers
  • Indian stocks extend gains with all sectoral indices in green

    Indian stock indices continue to remain firm, with most sectoral indices tracking in the green on Tuesday early trade
  • Rupee falls 13 paise to 82.84 against US dollar in early trade

    Positive sentiment in the equity markets failed to provide support to the Indian currency facing pressure due to the elevated level of greenback
  • FSIB recommends Vinay Tonse for MD position in SBI

    Tonse is currently serving as deputy managing director at SBI.
  • Dunzo to now pay salaries ‘batch-wise’ after several delays

    According to sources, the quick-grocery delivery provider once again failed to pay some of its employees as it was to start disbursing salaries from September 4.
  • FinMin initiates Budgetary exercise for 2024-25; seeks inputs from various ministries

    The Finance Ministry has initiated the process to prepare the interim Budget for 2024-25 by inviting inputs on expenditure from different ministries and departments.
  • Telangana among top six solar PV module manufacturing States

    Around 75 percent of India's solar modules are manufactured in Gujarat, Uttar Pradesh, Telangana, Maharashtra and Karnataka
  • Amazon to invest $15 mn in nature-based projects in Asia-Pacific

    The company will invest its first $3 million from the fund's APAC allocation to support nature-based projects in India.
  • Airtel procures 23,000 MWh of renewable energy for 6 Nxtra data centers

    The company stated in a release that this new addition is expected to push the total contracted renewable energy capacity for Nxtra data center beyond 274,000 MWh.
  • New regulation can raise commercial vehicle prices by 10-12 per cent: ICRA

     Implementation of multiple proposed regulatory specifications can push up commercial vehicle prices by 10-12 per cent, ratings agency ICRA said on Monday
  • Amazon to make initial investment of USD 3 mn in nature-based projects in India

    E-commerce major Amazon on Monday said it will make an initial investment of USD 3 million in nature-based projects in India
  • SBI announces introduction of UPI interoperability on CBDC

    State Bank of India (SBI) on Monday said it has implemented UPI interoperability in its digital rupee, called Central Bank Digital Currency
  • Markets climb in early trade on firm global trends, encouraging domestic macroeconomic data

    Equity benchmark indices climbed in early trade on Monday in line with firm trend in global markets and encouraging domestic macroeconomic data
  • For now grounded Go First cannot use ‘G8’ designator code

    International Air Transport Association (IATA), which provides two-letter designator and numeric codes to airlines, has blocked the 'G8' for Go First for a 12-month period
  • Bank credit outstanding to real estate rises to record Rs 28 lakh crore in July: RBI

    Bank credit to housing as well as commercial real estate witnessed nearly 38 per cent annual growth in July
  • India’s imports of Russian oil fall to seven-month low in August

    India's import of cheap Russian oil plunged to lowest in seven months in August as monsoon rains dampened demand
  • Global trends, macroeco data, trading activity of foreign investors to drive market trends: Analysts

    Macroeconomic data announcements, global trends and trading activity of foreign investors would guide momentum in the equity market this week
  • Sebi to curb finfluencers to help investors get accurate, unbiased info

    The proposed move by Sebi not only ensures that investors receive accurate and unbiased information but also helps in preserving authenticity and reducing fraud
  • FPIs adopt ‘wait and watch’ approach; inflow hits 4-month low at Rs 12,262 crore in August

    Foreign investors have slowed down the pace of inflow to Rs 12,262 crore in August on higher crude oil prices and resurfacing of inflation risks
  • G20 Presidency helping India deepen trade ties with member nations: Experts

    G20 Presidency with India is helping New Delhi to strengthen trade ties with member nations and provides an opportunity to attract investments
  • Ikea enters 2nd phase of growth in India, to expand retail operations, local sourcing

    Swedish furniture maker Ikea is looking for omnichannel expansion with diverse retail formats besides kicking off online operations
  • Mcap of seven of top 10 firms declines Rs 62,279 cr; Reliance biggest laggard

    The combined market valuation of seven of the top 10 valued firms eroded by Rs 62,279.74 crore last week, with Reliance Industries taking the biggest hit
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