Test : Rupees closes at 81.53 against US dollar amid heavy selling pressure

Test : On the another day, the rupee had slipped 2 paise against the US dollar

5:44 PM

Mamata Banerjee

Banerjee will inaugurate the 46th Kolkata International Book Fair on Monday and then fly to Bolpur in a chopper

5:40 PM

Apple sells 2 million iPhones in India during Q4 2022; logs 18% growth12

Apple sold 2 million iPhones in India in the holiday quarter (Q4) of 2022, registering 18 per cent growth (quarter-on-quarter) for its flagship device, new data showed on Monday

11:55 PM

Go First leaving without a busload of passengers is not a small mistake

budget-2038-bALERT: SRF gains 2% after revenue grows 4% YoY in Q3FY23

11:12 PM

budget-2038-bALERT: SRF gains 2% after revenue grows 4% YoY in Q3FY23

 

budget-2038-bALERT: SRF gains 2% after revenue grows 4% YoY in Q3FY23

 

budget-2038-bALERT: SRF gains 2% after revenue grows 4% YoY in Q3FY23

11:07 PM

Women cricketer india

11:06 PM

Civil Eviation Minister of India

7:58 PM

RBI MPC lowers GDP growth forecast for October-December 2022 to 4.4%

The RBI MPC lowered the GDP growth forecast for October-December 2022 to 4.4%, while for January-March 2023, the forecast has been revised down to 4.2%. RBI Governor Shaktikanta Das said the GDP growth forecast for FY23 lowered to 6.8% from 7%.

7:58 PM

Twitter will take 'less severe action' against accounts that break rules

7:57 PM

CPI inflation forecast for FY23 retained at 6.7%, says RBI governor

The policy committee raised the CPI inflation forecast for October-December 2022 to 6.6% from 6.5%, while for January-March 2023, it has been raised to 5.9% from 5.8%. Das said the CPI inflation forecast for April-June 2023 has been retained at 5.0% while it is seen at 5.4% in July-September 2023.

Meanwhile, the CPI inflation forecast for FY23 has been retained at 6.7%

 

7:56 PM

significantly enhance the ease of making payments in e-commerce space and towards investments in securities

 In a bid to enhance the capabilities of the Unified Payments Interface (UPI), the Reserve Bank of India (RBI) introduced the functionality of a single-block-and-multiple debit in the payment system In this system, a customer can enable a payment mandate against a merchant by blocking funds in the bank account for specific purposes which can be debited, whenever needed.

According to RBI, this will significantly enhance the ease of making payments in e-commerce space and towards investments in securities

7:56 PM

India's 1.4 bn population could become world economy's new growth engine

India’s economic transformation is kicking into high gear.

Global manufacturers are looking beyond China, with Prime Minister Narendra Modi stepping up to seize the moment. The government is spending nearly 20% of its budget this fiscal year on capital investments, the most in at least a decade.

7:55 PM

Monsoon Session: Cryptocurrency poses risk to Indian economy

Actor Priyanka Chopra Jonas outside o the Nykaa Luxe store in Mumbai in November. Photographer: Dhiraj Singh/Bloomberg

7:55 PM

Hyundai, Kia sued in US for lack of anti-theft technology

A Seattle City attorney in the US has filed a lawsuit against Hyundai Motor and its affiliate Kia for the lack of anti-theft technology in some of their models, the carmakers said.

 

In the suit filed in the federal court, Seattle City Attorney Ann Davison argued the carmakers' failures to install anti-theft technology in some vehicles led to a sharp increase of their car theft in Seattle and other regions.

 

The city said from 2021 to 2022, thefts of Hyundai and Kia cars increased by 503 per cent and 363 per cent, respectively, reports Yonhap news agency.

 

Hyundai and Kia expressed regret over the legal action in Seattle while apologising for the inconvenience to affected customers.

7:53 PM

And most importantly, the plan is to not only connect India

The budget is highly encouraging for 5G launch in India. The FM has herself committed that there will be an auction of 5G spectrum in FY-23. There is a plan of laying optical cables via public private partnership. And most importantly, the plan is to not only connect India but also Bharat as the government has come up with a provision of 5% of the Universal Service Obligation Fund to be invested towards connecting our villages. And, most importantly there is a scheme in which the design ecosystem of 5G will be given encouragement by bringing it under the PLI scheme of the government. It will encourage many companies like Lava which have an R&D base in India,” said Tejinder Singh, Product Head, Lava international Ltd.

7:52 PM

This Budget brings more infra, more growth and more jobs, says PM

Prime Minister Narendra Modi | Photo: Bloomberg