The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts. Repo Rate Held Steady […]
NEW DELHI: Foreign investors have turned net sellers in Oct, offloading shares worth Rs 27,142 crore in just the first three days of the month due to intensifying conflict between Israel and Iran, a sharp rise in crude oil prices, and improved performance of Chinese stock markets.The outflow came after FPI investment reached a nine-month […]
BBC Electric van users currently pay nothing – but from Christmas the charge would be £15 a day More than 40 businesses have signed an open letter to ask the mayor of London to extend the congestion charge exemption for electric vans. Their special status means they currently pay nothing – but from Christmas the […]
New Delhi: Union Minister for Electronics and IT Ashwini Vaishnaw has said that India is moving towards becoming the next semiconductor hub for the world as big investment is happening in this sector in the country. Minister Viashnaw referred to a recent roundtable in New York between Prime Minister Narendra Modi and top tech […]
The Reserve Bank of India’s (RBI’s) interest rate decision, Middle East conflict and the trading activity of foreign investors are the key factors that will dictate investors’ sentiment in the market this week, analysts said. Moreover, quarterly earnings from IT bellwether TCS, domestic macroeconomic data and movement in global oil benchmark Brent crude would also […]
New Delhi: Managing Director of AMUL and Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) Jayen Mehta said AMUL’s recently launched milk in US has been “highly successful” and they are now ready to enter the European market, which would mark a historic moment for the brand. Delivering the 11th Dr Verghese Kurien Memorial Oration on […]
NEW DELHI: State Bank of India has declared loan accounts of debt-ridden state-owned MTNL as sub-standard non-performing assets due to non-payment of instalments and interest since June 30, the telecom firm said in a filing.The total outstanding on the MTNL loan account was Rs 326 crore as of Sept 30, according to the SBI letter […]
NEW DELHI: Delhi Police‘s Economic Offences Wing (EOW) booked SpiceJet‘s managing director and four other officials for allegedly failing to credit the deducted 12 per cent of employees’ share in their Provident Fund (PF) account worth Rs 65 crore, as reported by news agency PTI citing officials.“Managing director Ajay Singh and director Shiwani Singh, independent […]
India is growing through the innovation and startup revolution. The country has so far more than 100 unicorns. Not only men, women are also leading from the front and making their space in modern society as successful entrepreneurs. If you are a woman and have a business plan, then you can also get things running […]
A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company’s LC-36 facility in Florida. Blue Origin Dave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire’s space venture. “Jeff, is Blue Origin […]