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Home  Business

Business

India extends USD 1 billion credit line to Sri Lanka for another year

India extends USD 1 billion credit line to Sri Lanka for another year

  • CBDC pilot expanded; to include more banks, locations: RBI

    Reserve Bank on Tuesday said the scope of the Central Bank Digital Currency pilot is being expanded gradually
  • Hyderabad-based Shiv Narayan Jewellers bag 8 Guinness World Records

    Guinness records recognition to the jewellers came for a special Ganesh pendant for being the heaviest pendant weighing in at 1011.150 grams and the most diamonds set on a Pendant (11,472)
  • RBI found gaps in corporate governance at banks despite guidelines: Shaktikanta Das

    Reserve Bank has found gaps in banks' corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said
  • FDI equity inflows dips 22 per cent to USD 46 billion in 2022-23

    Foreign direct investment into India declined by 22 per cent to USD 46 billion in 2022-23
  • Sid’s Farm: A dairy farm that provides farm-fresh milk to consumers at their doorstep

    Spread across 2.5 acres of land, Sid's Farm encompasses a 4,000 square foot milk processing facility and a model dairy farm on an additional 1.5 acres
  • Homegrown brand Fire-Boltt ranks 2nd in global smartwatch market

    Homegrown smart wearables brand Fire-Boltt is now leading India's positioning in the global smartwatch market with a 9 per cent market share.
  • From honey hunt to thriving business: Journey of a young entrepreneur from Warangal

    Driven by necessity to find pure honey for his ailing mother during her battle with Covid-19. Madishetti Harshavardhan, embarked on a journey that transformed him into a thriving honey producer and beekeeper
  • Cybersecurity platform BluSapphire in expansion mode, unveils new office in Hyderabad

    This comes a few months after BluSapphire raised $9.2 million as part of its Series A round
  • Tesla Model Y emerges as world’s bestselling car

    Tesla CEO Elon Musk estimated back in 2016 that this model would draw demand "in the 500k to 1 million unit per year level."
  • RBI imposes Rs 84.50 lakh penalty on Central Bank of India for non-compliance

    Reserve Bank had conducted statutory inspection for supervisory evaluation of the bank with reference to its financial position
  • Alibaba pledges to hire 15K people this year amid job cut reports

    Alibaba Group on Friday denied speculations of mass layoffs, saying it is committed to hire 15,000 new employees
  • Rupee rises 5 paise to 82.67 against US dollar

    Forex traders said the rupee is trading in a narrow range amid strengthening of the US dollar.
  • Sensex climbs 178.34 points to 62,050.96 in early trade

    The 30-share BSE Sensex climbed 178.34 points to 62,050.96 in early trade. The NSE Nifty gained 51.1 points to 18,372.25.
  • DGCA grants 30 days to Go First to submit revival plan

    DGCA has granted 30 days to cash-strapped airline Go First to submit a restructuring or revival plan
  • Things happen really fast in Hyderabad: DAZN CEO Shay Segev

    Says Office buildings, hospitality, transportation infrastructure and airport connectivity is good
  • Meta conducts fresh round of layoffs, to impact 6,000 employees globally

    Meta Founder and CEO Mark Zuckerberg said in March that the company will cut 10,000 jobs across two rounds of layoffs in late April and late May
  • Trade between Russia, China expected to hit record $200 billion this year

    Last year, bilateral trade jumped nearly 30 per cent to a record $190 billion, mainly boosted by China buying Russian energy
  • Sonata Software to begin operations in Nalgonda; more US firms announce Hyderabad plans

    The Sonata Software announcement was made after Srini Veeravelli, EVP, Sonata Software, met with IT and Industries Minister KT Rama Rao in Boston
  • SaaS experience platform ‘Plume’ to start centre in Hyderabad

    Plume, the creator of the world's first Software as a Service (SaaS) is starting its centre in Hyderabad with an employment opportunity for 100 people
  • Tesla will pick new factory location this year, India a contender: Musk

    Elon Musk will likely pick a new location for a Tesla factory by the end of this year and according to him, India is very much part of his scheme of things if all goes well.
  • Man builds Radha-Krishna temple in wife’s memory, Muslim artists perform carvings

    BP Chansoria told that he got it built as his wife always wanted a 'Radha Krishna' temple in Chitrakoot.
  • Boston’s State Street to add 5,000 jobs in Hyderabad

    One of the world’s largest asset management companies with over $40 trillion under its custody, State Street is expanding big in Hyderabad by adding 5,000 new jobs
  • Infosys enters generative AI era with new offering to empower global firms

    Topaz, an AI-first set of services, solutions and platforms using generative AI technologies to empower global firms
  • India, China to drive low carbon emission investments in APAC: Moody’s

    India and China are expected to drive the investment in low carbon emissions in the Asia Pacific Region
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