Tag: Business news

Indian economy on strong footing: According to a survey released on Tuesday, India's business activity expanded at its fastest pace in nearly 14 years this month, driven by robust demand. The survey also indicated easing input inflation and positive jobs growth, suggesting that India is well-positioned to maintain its ...

New Delhi: Pakistan Prime Minister Shehbaz Sharif and Saudi de-facto ruler Prince Mohammed bin Salman recently convened for an official meeting at Al-Safa Palace in Mecca on April 7. During the meeting, they emphasised the importance of discussions between Islamabad and New Delhi to settle their "outstanding issues," with a particular focus ...

War of Words! Krishnamurthy Subramanian, the Executive Director at the International Monetary Fund has said that the IMF’s GDP growth forecasts for India have been consistently ‘INACCURATE’. In contrast, he claimed that his predictions of India’s GDP growth have been accurate. The issue stems from IMF spokesperson Julie Kozack ...

China pips India in buying Russian oil! India is no longer the top buyer of seaborne Russian oil. The country has been forced to reject some cargoes of sea-borne Russian oil because of sanctions. China is now lapping oil from Russia at deeply discounted rates. In March, China outpaced ...

As a slew of streaming and subscription-based services continue to raise prices, Spotify is reportedly implementing new pricing plans for its loyal users.On Wednesday, Bloomberg reported that the music streaming giant will raise prices this month (between $1 to $2 per month) in five of its international markets including ...

Significant milestone for Adani Group! Adani Green Energy has become India’s first company to have 10,000 MW renewable energy capacity. Gautam Adani, Chairman of the Adani Group, expressed pride in the achievement stating, “We are proud to be India's first das hazari in the renewables space.”Adani Green Energy Ltd ...

March 2024 bank holidays: Certain bank branches will be open to cater to government transactions for the fiscal year 2023–2024 on Sunday, March 31. This decision comes from the Government of India, which has asked all bank branches handling government receipts and payments to remain operational on that day. ...

India’s longest transportation railway tunnel is now open! Prime Minister Narendra Modi on Tuesday inaugurated the longest transportation tunnel in the country, as he launched the first electrified trains in the Kashmir valley on the Udhampur-Srinagar-Baramulla Rail Link (USBRL). Additionally, he also unveiled the 48.1-km-long Banihal-Khari-Sumber-Sangaldan section.As per the ...

Delhi to Jaipur in just 2 hours! Union Road Transport and Highways Minister Nitin Gadkari announced on Monday that an electric bus service will be introduced on the Delhi-Mumbai Expressway. The plan involves laying electric cables along the highway, enabling a two-hour journey from Delhi to Jaipur. Gadkari further ...

NEW DELHI: Days after Reserve Bank of India's (RBI) big crack down on Paytm's Payments Bank, sources said on Sunday that government is now examining foreign direct investments from China in the fintech company's payment aggregator subsidiary.According to a PTI report, government is inspecting Chinese investments into Paytm Payments ...