BUSINESS

Image Source : FILE PHOTO Representational image. India’s economy, which contracted by 7.3 per cent due to the COVID-19 pandemic, is expected to grow by 9.5 per cent in 2021 and 8.5 per cent in 2022, according to latest projections released by the International Monetary Fund on Tuesday. India’s growth ...

Image Source : FILE PHOTO Representational image. India’s economy, which contracted by 7.3 per cent due to the COVID-19 pandemic, is expected to grow by 9.5 per cent in 2021 and 8.5 per cent in 2022, according to latest projections released by the International Monetary Fund on Tuesday. Emerging from ...

Image Source : FILE PHOTO/ PTI Gold jumps Rs 129; silver declines Rs 120 Gold prices gained by Rs 129 to Rs 46,286 per 10 gram in the national capital on Tuesday amid rally in international precious metal prices and rupee depreciation, according to HDFC Securities. In the previous trade, the precious ...

Image Source : FILE PHOTO/ PTI Retail inflation falls to 4.35 per cent in September Retail inflation fell sharply to 4.35 per cent in September from 5.30 per cent in August, mainly due to easing food prices, government data showed on Tuesday.  The Consumer Price Index-based (CPI) inflation was at 5.30 per cent ...

Image Source : CENTRAL RETAIL Thailand’s Central Retail bags two major awards Thailand’s leading retail group, Central Retail has once again bagged the two prestigious regional awards — Asia’s Best Employer Brand Awards and IDC Future Enterprise Awards Thailand, 2021. While the first award celebrates the excellence of human resources, ...

Image Source : PTI The average supply to coal-fired power plants during October so far has been 1.43 MT per day, which has now been augmented to 1.51 MT in the past four days. The government has asked state-owned Coal India Ltd (CIL) to augment the coal supply to power ...

Image Source : FREEPIK Rakesh Jhunjhunwala-backed Akasa Air gets Aviation Ministry nod to fly The Ministry of Civil Aviation has given a no-objection certificate (NOC) for the operation of Rakesh Jhunjhunwala-backed new airline ‘Akasa Air’ in India, a company statement said on Monday. The new airline aims to start operations ...

Image Source : FILE PHOTO/ PTI RBI imposes Rs 30 lakh penalty on Pune-based Janata Sahakari Bank The Reserve Bank of India (RBI) has imposed a penalty of Rs 30 lakh on Janata Sahakari Bank Ltd, Pune for non-compliance with certain directions. The penalty has been imposed for non-compliance with specific directions issued by ...

Image Source : PTI FM Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetings Finance Minister Nirmala Sitharaman has embarked on a week-long US trip to attend the annual meet of the World Bank and IMF as well as G20 Finance Ministers and Central Bank Governors ...

Image Source : FILE PHOTO/ PTI Reserve Bank retains 3-member advisory committee for Srei group companies The RBI on Monday said it has decided to retain the advisory committee of Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL) to advise the administrator in the operations of the ...