Category: Business

The rupee could experience further pressure as record external debt comes due for repayment over the course of this fiscal year and the following, and India’s trade gap widens. The rupee fell to a new record low on Tuesday as aThe rupee could experience further pressure as record external debt comes due for repayment over the course of this fiscal year and the following, and India’s trade gap widens. The rupee fell to a new record low on Tuesday as a

State Bank of India (SBI) on Wednesday said it has renewed the Memorandum of Understanding (MoU) with the Indian Air Force for the Defence Salary Package (DSP) scheme. Under this scheme, it will offer various benefits and features to all servingState Bank of India (SBI) on Wednesday said it has renewed the Memorandum of Understanding (MoU) with the Indian Air Force for the Defence Salary Package (DSP) scheme. Under this scheme, it will offer various benefits and features to all serving

Indian indices after a firm opening have maintained the gains and even has come off strong despite weak Asian markets in early trade. The sentiment got a boost as there has been an overnight slump in oil rates by aroundIndian indices after a firm opening have maintained the gains and even has come off strong despite weak Asian markets in early trade. The sentiment got a boost as there has been an overnight slump in oil rates by around

European Commission chief Ursula von der Leyen said Wednesday that the 27-nation European Union needs to make emergency plans to prepare for a complete cut-off of Russian gas in the wake of the Kremlin’s war in Ukraine. The EU has alreadyEuropean Commission chief Ursula von der Leyen said Wednesday that the 27-nation European Union needs to make emergency plans to prepare for a complete cut-off of Russian gas in the wake of the Kremlin’s war in Ukraine. The EU has already

The Secretary-General of the Organization of Petroleum Exporting Countries has died, Nigerian authorities announced Wednesday. Mohammad Barkindo, 63, died late Tuesday, a spokesperson for Nigeria’s petroleum ministry told The Associated Press. The reason for his death was not immediately known. MeleThe Secretary-General of the Organization of Petroleum Exporting Countries has died, Nigerian authorities announced Wednesday. Mohammad Barkindo, 63, died late Tuesday, a spokesperson for Nigeria’s petroleum ministry told The Associated Press. The reason for his death was not immediately known. Mele

Amid recessionary pressure and hence the weak demand outlook, there is seen global crash in some of the commodities and one of them happens to be oil too. Nonetheless as of writing this copy, Brent benchmark is still up above $100Amid recessionary pressure and hence the weak demand outlook, there is seen global crash in some of the commodities and one of them happens to be oil too. Nonetheless as of writing this copy, Brent benchmark is still up above $100

GAIL (India) Ltd, the nation’s largest gas transmission and distribution firm, on Wednesday said it will invest in startups operating in focus areas and is now seeking investment proposals from startups. The investments will be done through GAIL’s startup initiative ‘Pankh’.GAIL (India) Ltd, the nation’s largest gas transmission and distribution firm, on Wednesday said it will invest in startups operating in focus areas and is now seeking investment proposals from startups. The investments will be done through GAIL’s startup initiative ‘Pankh’.

Singapore Airlines (SIA) has announced that it will return to its pre-pandemic level of operations to India by October 30, buoyed by a robust surge in the demand for air travel. Singapore’s flag carrier will progressively operate 17 weekly flights toSingapore Airlines (SIA) has announced that it will return to its pre-pandemic level of operations to India by October 30, buoyed by a robust surge in the demand for air travel. Singapore’s flag carrier will progressively operate 17 weekly flights to

The slew of measures announced by Reserve Bank of India (RBI) on Wednesday to enhance foreign exchange inflows should help rupee to outperform its peers in emerging market economies, experts said. RBI said it has been closely and continuously monitoring theThe slew of measures announced by Reserve Bank of India (RBI) on Wednesday to enhance foreign exchange inflows should help rupee to outperform its peers in emerging market economies, experts said. RBI said it has been closely and continuously monitoring the

Online retail spending in India is expected to grow nearly sixfold to USD 300 billion by 2030 with expansion in the number of digitally-influenced shoppers and online shoppers, a Boston Consulting Group report said on Wednesday. According to the report, theOnline retail spending in India is expected to grow nearly sixfold to USD 300 billion by 2030 with expansion in the number of digitally-influenced shoppers and online shoppers, a Boston Consulting Group report said on Wednesday. According to the report, the