Business and financial news
New Delhi/IBNS: India’s edible oil imports jumped considerably in November by 34 percent to 15.29 lakh tonne on the back of increased shipments of crude palm and refined palm oils, said media reports citing data released by Solvent Extractors' Association of India (SEA).
New Delhi: The Minister for Commerce and Industry of India, Piyush Goyal, and UK Secretary of State for International Trade, Kemi Badenoch, MP, met on Tuesday in New Delhi to discuss India-UK FTA negotiations.
New Delhi HOP Electric, India's fastest growing electric two-wheeler manufacturer, on Tuesday commenced deliveries of its flagship High-Speed e-bikes, HOP OXO.
New Delhi: Luxury motorcycle brand Ducati on Tuesday announced the launch of the new DesertX in India, with prices starting at INR 17,91,000 Ex-Showroom India.
Mumbai: Public sector lender, Bank of Maharashtra on Wednesday said that it has reviewed and revised the Marginal Cost of Funds Based Lending Rate (MCLR) w.e.f. 14.12.2022.
Kolkata: Axis Bank, in line with its ‘DilSeOpen’ philosophy partners with Tata AIG, to offer Group Medicare products for its new customers from the LGBTQIA+ Community.
New Delhi/UNI: India's wholesale inflation eased further to 5.85% in Nov 2022 as against 8.39% recorded in the previous month, according to official data released on Wednesday.
Srinagar:Several participants from Jammu and Kashmir joined the 16th edition of the annual Punjab International Trade Expo (PITEX) recently.
Bengaluru: To cater to the growing business from its healthcare customers in the USA, Bengaluru-New York headquartered IT Services firm Vee Technologies has announced its plan to add over 3,000 fresh graduates to its work force in the next 12 months.
Bengaluru/UNI: The first G20 Finance and Central Bank Deputies (FCBD) meeting under the G20 Presidency will be held in Bengaluru during Dec.13-15, an official statement said on Sunday.
Pune: India’s first electric motorcycle maker, Tork Motors has announced a marginal price hike of its revolutionary electric motorcycle Kratos and Kratos-R.
New Delhi: India's industrial production contracted by 4 percent on an annual basis, as per data released by the Indian government on Monday.
New Delhi: India's retail inflation, which is measured by the Consumer Price Index (CPI), eased to touch 11-month low figure of 5.88 per cent in November, data released by the government on Monday revealed.
Kolkata: SpiceJet operations, safety processes and systems have been found to be in order following an exhaustive audit conducted by the International Civil Aviation Organisation (ICAO).
Nagpur: Volkswagen Passenger Cars India inaugurates a new sales & service touchpoint in Nagpur.
Agriculture has played a crucial role for Indians. The country’s climate facilitates the cultivation of different crops with top-quality soil. This has made India the powerhouse of food production in the world.
Gurugram: The all-new version of BMW Motorrad’s heavily popular super sport bike – the BMW S 1000 RR - debuted in India on Saturday.
New Delhi: India’s Commerce and Industry ministry has revealed that India’s North Eastern Region (NER) witnessed an 85.34 per cent growth in the export of agricultural products in the last six years, media reports said on Sunday.
Srinagar: Jammu and Kashmir is the only region in the world which produces best quality Bivoltine silk.
India's stock market is witnessing record trading volumes where new investors are entering to make profits on several instruments. It is called the fact that the stock market is a volatile place and creates the price change owns to supply levels and different demand.
New Delhi/IBNS: The government on Friday said it has shortlisted 67 applications from 30 companies under its Rs 6,322-crore production-linked incentives (PLI) scheme for specialty steel.
The India-China trade deficit has touched $51.5 billion during April-October in FY23, commerce and industry minister Piyush Goyal informed Parliament on Friday.
News Delhi: The last date for submitting bids for strategic disinvestment in IDBI Bank is likely to be extended to January, media reports said.
New Delhi: The total vehicle retail sales registered a 26 per cent year on year growth in the month of November this year, Federation of Automobile Dealers Associations (FADA) said on Friday.
Mumbai: The BSE Sensex on Friday gained 120 points to open at 62,690.86 as buying was seen in Commodities, Energy and Consumer Discretionary Goods and services stocks.
Mumbai/UNI: The Rupee on Friday advanced 22 paise to 82.19 against the US Dollar on selling of US Dollars by bankers and exporters, dealers at Foreign Exchange said.
Kolkata/IBNS: Volvo Cars India aims to leverage India's IT talent to fulfill the digital needs of the company’s cars as it progresses towards becoming an all-electric company by 2030.
Mumbai: India’s most valuable startup BYJU's is seeking to restructure a $1.2 billion loan amid financial losses and cost-cutting measures, Bloomberg reported.
New Delhi: The Finance Ministry through a memorandum on Tuesday allowed Public Sector Undertakings (PSUs) to invest in debt schemes of all mutual funds.
Seattle/IBNS: E-commerce giant Amazon might lay off around 20,000 employees including corporate executives in the coming months, media reports said.
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