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Home  Business

Business

India’s exports contracts 22 pc to three-year low of USD 32.97 bn in June

India’s exports contracts 22 pc to three-year low of USD 32.97 bn in June

  • India’s forex reserves rise USD 1.23 billion to USD 596.28 billion

    India's foreign exchange reserves jumped USD 1.229 billion to USD 596.28 billion in the week ended July 7
  • IT stocks in heavy demand; TCS jumps over 5 pc

    Among other frontline stocks, Tech Mahindra rallied 4.51 per cent, Infosys climbed 4.40 per cent, HCL Technologies gained 3.80 per cent and Wipro advanced 2.69 per cent
  • Rupee gains 12 paise to 81.96 against US dollar in early trade

    Strengthening crude prices in international markets capped the gains in the domestic unit, forex traders said.
  • Indian stock indices remain firm, hover around all-time highs

    Sensex and Nifty were about 0.2 per cent higher each at the time of writing this report. They were at 65,685 points and 19,449 points.
  • Twitter empowers creators with ads revenue sharing program

    The programme will be available in all the countries where Stripe supports payouts.
  • New Google Pay feature allows users to pay without UPI PIN for small transactions

    Google's payment app Google Pay on Thursday introduced UPI LITE on its platform to ease small digital transactions
  • Gold prices in Hyderabad reach Rs 60,000 amid dollar index slide

    The 24 karat gold per 10 grams reached a price of Rs 60,000, marking a significant increase of Rs 380 from the previous day's price of Rs 59,620.
  • Swiggy acquires retail distribution company Lynk to enter retail market

    Lynk will continue to operate as an independent business post the acquisition led by Co-founder and CEO, Shekhar Bhende, Swiggy said in a statement.
  • Elon Musk explores establishing Tesla’s supply chain ecosystem in India, says report

    Citing government sources, the electric car-maker has engaged in talks with Indian officials to set up its auto parts and electronics chain in India, along with seeking incentives and tax benefits.
  • TS-bPASS plans new features to make building plan application easier

    Plans are being made to incorporate the fire NOC application in the TS-bPASS portal
  • India Overtakes China As The Most Attractive Investment Destination In The World | Invesco Report

    Let's look how India emerged as the most attractive investment destination in the world, overtaking China.
  • Rupee rises 16 paise to 82.25 against US dollar

    However, a surge in crude oil prices capped sharp gains for the local unit, forex traders said.
  • Indian stocks rise, a touch below peak; June inflation data in focus

    Investors now await retail inflation data for June to be released later today. Analysts expect inflation may see an uptick due to the sharp rise in tomato and a relative spurt in prices of pulses.
  • India’s Economy Standards By 2047 Predicted By Goldman Sachs Research | Santanu Sengupta

    According to a new forecast by Goldman Sachs, India’s economy is likely to become the world’s second-largest economy by 2047.
  • DGCA puts SpiceJet under enhanced surveillance; airline refutes

    Aviation watchdog DGCA has put SpiceJet under "enhanced surveillance" amid the budget airline facing multiple financial headwinds
  • Stable coins ‘existential threat’ to policy sovereignty, CBDCs best solution for cross-border payments: RBI DG

    Rabi Sankar on Tuesday went public with India's concerns on stable coins, saying that they pose an "existential threat" to most countries' policy sovereignty
  • GST Council agrees to levy 28 per cent tax on online gaming on full face value

    GST Council on Tuesday agreed to levy a 28 per cent tax on online gaming, casinos and horse racing and the tax would be levied on full face value
  • RBI Governor asks banks to remain vigilant amid adverse global scenario

    Governor Shaktikanta Das on Tuesday told chiefs of public and private sector banks that owing to prevailing adverse global conditions, banks need to be extra vigilant
  • Amazon gears up with Shark Tank-type Prime TV series on Indian startups

    Amazon is reportedly launching a Shark Tank-type TV show on its Prime streaming service this week to empower promising startups in India.
  • Go First insolvency: Resolution professional seeks EoIs from prospective bidders till Aug 9

    Go First's resolution professional on Monday invited expressions of interest till August 9 from potential bidders for the grounded budget airline
  • Hyderabad records 69 percent jump in sale of residential properties in first six months of 2023

    Number of houses getting sold in the first half of 2023 was at 15,925 units while last year during the same time-frame, it was 9,449 units
  • As Foxconn withdraws, Vedanta says other partners lined for chip plant

    Vedanta on Monday asserted that it is fully committed to its semiconductor project and has lined up other partners to set up India's first foundry
  • Net direct tax mop-up grows 16 pc to Rs 4.75 lakh crore so far this fiscal

    Direct tax collections rose 15 per cent to reach Rs 5.17 lakh crore till July 9, against the corresponding period of last year
  • Adani row: SEBI disagrees with expert panel, says will take action if any violation found

    SEBI said it has continuously tightened rules concerning beneficial ownership and related-party transactions - key aspects in the allegations of Adani Group
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