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Home  Business

Business

Real GDP likely to decline by 9.5% in FY21: RBI

Real GDP likely to decline by 9.5% in FY21: RBI

  • Facebook unveils 3-month initiative to support small businesses

    As part of the ‘Season of Support' initiative, Facebook announced #BuyBlack Friday in the US -- harnessing the energy of the year's biggest retail day to celebrate and support Black-owned businesses and their communities.
  • Sensex rises over 100 pts ahead of RBI policy outcome

    Exchange data showed that foreign institutional investors bought equities worth Rs 978.37 crore on a net basis on Thursday.
  • MG Motor launches SUV Gloster

    The model competes with the likes of Toyota Fortuner and Ford Endeavour in the segment
  • ICEA sets up committee on capital goods sector reforms

    The committee will review changes to facilitate manufacturing depth under 'Make in India' through technology depth
  • Two in 5 Indian professionals experiencing increased stress: Survey

    LinkedIn survey showed that two in five professionals are experiencing increased stress or anxiety due to Covid, and as the pandemic took hold only one in five professionals were offered more time off for well-being
  • ArcelorMittal shuts Poland blast furnace on virus slump

    Covid-19 pandemic has huge consequences for the European steel industry... demand for steel is still significantly lower than before the pandemic, said Sanjay Samaddar, CEO of ArcelorMittal Poland
  • Lakshmi Vilas Bank gets non-binding merger offer from Clix Capital

    Bank, which has been on the lookout for an investor and capital for long, was jolted on September 25 when its shareholders voted out seven directors of its board, including CEO S Sundar
  • Banks sanction Rs 1.87 lakh cr to 50.7 lakh MSMEs

    About 27 lakh MSME units received cumulative disbursement of Rs 1,36,140 crore till October 5
  • All investment moves aim at best outcome: Franklin Templeton

    Sanjay Sapre, President of Franklin Templeton Asset Management (India) Pvt. Ltd, noted that employees who made investments in the six schemes continue to hold substantial investments in these schemes
  • Infosys to acquire Blue Acorn iCi for up to $125M

    Infosys said that the move further strengthens its end-to-end customer experience offerings and demonstrates its continued commitment to help clients navigate their digital transformation journey
  • NMDC sees steady growth in iron ore production

    Iron ore production was 1.83 MT (Million Tonnes) and has registered a growth of 11% against production of 1.64 MT last year
  • Torrent Gas opens five CNG stations in Telangana

    Company intends to invest Rs 8,000 crore over the next five years across India
  • Amazon India launches its largest specialised fulfilment centre

    With this infrastructure expansion, Amazon India will now offer storage capacity of more than four million cubic feet across four fulfilment centres to its close to 35,000 sellers in Karnataka.
  • Smartphone brand Honor launches 2 new smartwatches in India

    The Honor Watch ES (meteorite black variant) will be available on Amazon from October 17 midnight onwards during the Great Indian Festival for Rs 7,499.
  • Office transactions across top 8 cities surge by 80 per cent in Q3

    Home sales volume jumps by 2.5 times to 33,403 units in Q3 2020 compared to 9,632 units in Q2, shows Knight Frank research
  • Qualcomm to develop its own gaming phones: Report

    It is believed Asus will be tasked with designing and developing the hardware while Qualcomm is said to be responsible for industrial design and software integration.
  • Samsung launches new variant of Galaxy A21s smartphone

    Customers can also avail cashback offer of Rs 750 when purchasing opting for EMI transactions on their ICICI Bank debit or credit cards.
  • EU lawmakers want Jeff Bezos to tell if Amazon spies on them

    The open letter initiated by French politician Leila Chaibi and signed by 36 other members of the European Parliament comes days after Amazon deleted two job postings for "intelligence analysis" which unions saw as 'threats'.
  • Paytm announces Rs 10 crore fund for mini app developers

    Addressing a mini apps developer conference, Paytm Founder Vijay Shekhar Sharma said that he is targeting "at least one million mini apps" to put an end to "the victimisation of 30 per cent charges Google is putting on all of us."
  • Now Snapdeal announces Diwali sale from Oct 16

    Called 'Kum Mein Dum,' the sale selection is built around the choices indicated by more than 1.25 lakh participants across 92 cities, the company said in a statement.
  • Uber partners Lithium Urban Tech to onboard 1,000 EVs in India

    Uber said it has already deployed more than 100 such electric vehicles (all sedan), such as Mahindra eVerito and Tata Tigor EV, on its platform.
  • Mi Smart Band 5: Hassle-free budget fitness wearable

    Mi Smart Band 5 comes with an upgraded and large display which means 20 per cent more screen.
  • Rupee rises 5 paise to 73.28 against US dollar in early trade

    The newly-constituted MPC of the Reserve Bank began its three-day deliberations on Wednesday. The decision of the rate-setting panel will be announced on October 9.
  • Sensex soars over 400 pts in early trade; IT stocks shine

    The 30-share index was trading 452.15 points or 1.13 per cent higher at 40,331.10, and the NSE Nifty soared 117.50 points or 1 per cent to 11,856.35.
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