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Category: Business

Business

Govt hikes DA by 4% under 7th Pay Commission; details here

Administrator_India September 29, 2022 No Comments ForexGDPStockStock Market

The Union Cabinet has hiked the  Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike…

View More Govt hikes DA by 4% under 7th Pay Commission; details here
Business Uncategorized

Asian Stocks Slammed by Fed Rate Hike Risks

Administrator_India September 21, 2022 No Comments EconomicsForexGDPStockStock Market

Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the…

View More Asian Stocks Slammed by Fed Rate Hike Risks
Business

10-year yields highest since 2011 before expected Fed rate hike

Administrator_India September 20, 2022 No Comments Business MarketForexGDPStockStock Market

Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the Federal Reserve will hike rates…

View More 10-year yields highest since 2011 before expected Fed rate hike
Mumbai International Airport
Business

Adani Group raises $250 million in debt to support airport expansion at six locations

Administrator_India May 9, 2022 No Comments Adani CompanyAdani GroupBusinessCompanies

Adani Group stated on Monday that it has raised $250 million in three-year debt from Standard Chartered Bank and Barclays Bank for capital expenditure at…

View More Adani Group raises $250 million in debt to support airport expansion at six locations
Reliance Industries Ltd
Business

Reliance Industries has become the first Indian business to have a market capitalization of Rs 19 trillion

Administrator_India April 27, 2022 No Comments IndiaMarketNEWSReliance

After reaching a new high, Mukesh Ambani’s Reliance Industries Ltd (RIL) became the first Indian listed firm to have a market capitalization of Rs 19…

View More Reliance Industries has become the first Indian business to have a market capitalization of Rs 19 trillion
Indian Oil Corp buys 4 million
Business

Indian Oil Corp buys 4 million bbls of crude via tenders

Administrator_India April 13, 2022 No Comments CrudeIndiaIndian OilNEWS

Indian Oil Corp, the country’s top refiner, has purchased a total of 4 million barrels of crude via tenders for May and June loading, traders said on…

View More Indian Oil Corp buys 4 million bbls of crude via tenders
Bharti Airtel acquires strategic
Business

Bharti Airtel acquires strategic stake in Blockchain-tech startup Aqilliz

Administrator_India February 24, 2022 No Comments AirtelBlockchainCompaniesNEWS

Bharti Airtel on Thursday announced that it has acquired a strategic stake in Singapore-based Blockchain platform Aqilliz for an undisclosed sum. Airtel aims to deploy Aqilliz’s Blockchain technologies at scale…

View More Bharti Airtel acquires strategic stake in Blockchain-tech startup Aqilliz
Yatra.com partners Cleartrip to offer wider
Business

Yatra.com partners Cleartrip to offer wider hotel inventory to customers

Administrator_India February 15, 2022 No Comments CompaniesMarketNEWS

Online travel company Yatra Online on Monday announced its partnership with Cleartrip, owned by the Flipkart Group, to offer a wider hotel inventory to its…

View More Yatra.com partners Cleartrip to offer wider hotel inventory to customers
India cuts tax on crude palm
Business

India cuts tax on crude palm oil imports to help consumers, refiners

Administrator_India February 14, 2022 No Comments BusinessNEWSOilWorld

India has cut its tax on crude palm oil (CPO) imports to 5% from 7.5%, the government said in a notification, as the world’s biggest…

View More India cuts tax on crude palm oil imports to help consumers, refiners
BigBasket
Business

BigBasket establishes presence in 18 tier-2 and 3 cities across India

Administrator_India February 3, 2022 No Comments Big BasketCompaniesMarket

Online supermarket player BigBasket announced that it has expanded its pan-India coverage in the last one year, and is now delivering in 18 new Tier-2 and 3…

View More BigBasket establishes presence in 18 tier-2 and 3 cities across India

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