Tag: india business news

  • 41-Year High US Inflation Shall Even Nudge The Fed To Go For Rate Cut Sooner Than Expected: Report

    The skyrocketing inflation levels in the US which came in at 9.1%, its almost over 41-year high has dented investor sentiment. Post this what investors discounted is a rather steep rate hike as against earlier expected of even 100 bps inThe skyrocketing inflation levels in the US which came in at 9.1%, its almost over 41-year high has dented investor sentiment. Post this what investors discounted is a rather steep rate hike as against earlier expected of even 100 bps in

  • Maharashtra: Petrol Price Falls By Rs 5, Diesel Rate Dips by Rs 3

    In a major relief for the people of Maharashtra, the state government has decided to cut the petrol and diesel prices by Rs 5 and Rs 3, respectively. Currently, petrol is selling at Rs 111.35 per litre in Maharashtra and nowIn a major relief for the people of Maharashtra, the state government has decided to cut the petrol and diesel prices by Rs 5 and Rs 3, respectively. Currently, petrol is selling at Rs 111.35 per litre in Maharashtra and now

  • WPI Inflation For June Falls Marginally To 15.18%

    According to information made public by the Ministry of Commerce & Industry, wholesale inflation in India decreased in June to 15.18 per cent. According to the report, the wholesale pricing index (WPI) increased to 15.88% in May while the April WPIAccording to information made public by the Ministry of Commerce & Industry, wholesale inflation in India decreased in June to 15.18 per cent. According to the report, the wholesale pricing index (WPI) increased to 15.88% in May while the April WPI

  • PE Inflows Into Proptech Firms Rise, To USD 741 Mn In 2021: Report

    Private equity investments in proptech firms rose 35 per cent to USD 741 million last year as investors sought to tap huge opportunities amid rising use of technology in the realty sector, Housing.com said. Proptech firms that are providing solution inPrivate equity investments in proptech firms rose 35 per cent to USD 741 million last year as investors sought to tap huge opportunities amid rising use of technology in the realty sector, Housing.com said. Proptech firms that are providing solution in

  • NSE Illegal Phone Tapping: ED Files Money Laundering Case, Against Former Mumbai CP

    The Enforcement Directorate has filed a money laundering complaint against ex-Mumbai Police Commissioner Sanjay Pandey and former NSE top bosses Chitra Ramkrishna and Ravi Narain in connection with the alleged illegal phone tapping case of the stock exchange employees, officials saidThe Enforcement Directorate has filed a money laundering complaint against ex-Mumbai Police Commissioner Sanjay Pandey and former NSE top bosses Chitra Ramkrishna and Ravi Narain in connection with the alleged illegal phone tapping case of the stock exchange employees, officials said

  • Petrol, Diesel Price July 15: Fuel Price Falls In Maharashtra, Check Rates In Other Cities

    The petrol, diesel price remain unchanged for maximum cities in India on July 15 except Maharashtra. The newly formed state government in Maharashtra have announced a slash in Value Added Tax (VAT) on Petrol by Rs 5 per litre and onThe petrol, diesel price remain unchanged for maximum cities in India on July 15 except Maharashtra. The newly formed state government in Maharashtra have announced a slash in Value Added Tax (VAT) on Petrol by Rs 5 per litre and on

  • India Ad Market, To Grow By USD 11.1 Billion In 2022, To Become Fastest Growing: Report

    The Indian advertising market is forecast to grow by 16 per cent in 2022 to reach USD 11.1 billion (Rs 88,639 crore), becoming the fastest growing market globally, a report said on Thursday. This would lead to over 14.5 per centThe Indian advertising market is forecast to grow by 16 per cent in 2022 to reach USD 11.1 billion (Rs 88,639 crore), becoming the fastest growing market globally, a report said on Thursday. This would lead to over 14.5 per cent

  • Bharti Airtel Allots 1.2 Per Cent Equity Shares, To Google For Rs 5,224 Crore

    Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs 734 apiece. The allotment is part of Google’s commitment to invest USD 1 billion with Airtel, which included equity investmentTelecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs 734 apiece. The allotment is part of Google’s commitment to invest USD 1 billion with Airtel, which included equity investment

  • LIC’s Embedded Value At Rs 5.41 Lakh Cr, As Of March 2022

    Life Insurance Corporation of India (LIC) on Thursday reported the Indian Embedded Value (IEV) at Rs 5,41,492 crore as of March 31, 2022, as compared to Rs 95,605 crore as of March 31, 2021. The Embedded Value (EV) is a measureLife Insurance Corporation of India (LIC) on Thursday reported the Indian Embedded Value (IEV) at Rs 5,41,492 crore as of March 31, 2022, as compared to Rs 95,605 crore as of March 31, 2021. The Embedded Value (EV) is a measure

  • Gold Rate Today Delhi, July 14: Prices of Yellow Metal, Silver Fall

    Gold price today in the national capital dropped by Rs 163 to Rs 50,314 per 10 grams amid decline in international precious metal prices, according to HDFC Securities. In the previous trade, the gold price finished at Rs 50,477 per 10Gold price today in the national capital dropped by Rs 163 to Rs 50,314 per 10 grams amid decline in international precious metal prices, according to HDFC Securities. In the previous trade, the gold price finished at Rs 50,477 per 10