Business News

RBI lowered GDP prediction for FY22 to 9.5% , CPI inflation expected to be 5.1%

The Reserve Bank of India (RBI) has lowered its GDP growth prediction for fiscal year 2021-22 (FY22) to 9.5 percent…

5 years ago

In FY21, Paytm deficit narrows to Rs 1,704 crore, revenue falls 10%

Paytm, the digital payment company, reduced its consolidated loss to Rs 1,704 crore in fiscal year 2020-21, down from Rs 2,943.32…

5 years ago

SEBI increases foreign investment limit for mutual fund houses to $1 billion

SEBI, the capital markets regulator, increased the overseas investment limit for a mutual fund firm from $600 million to $1…

5 years ago

Governor of RBI says India’s Forex reserves could surpass $600 billion

RBI Governor Shaktikanta Das said India's forex reserves may have surpassed a new high of USD 600 billion as a…

5 years ago

50,000 startups recognised by the Indian government

The government has recognised 50,000 startups across the country, allowing them to take advantage of benefits under a variety of…

5 years ago

Tesla ramps up hiring in India; focus on leadership and senior-level positions

Tesla Inc. has begun hiring for leadership and senior-level positions in India. This follows months of hints and rumours about…

5 years ago

Wipro is the 3rd Indian IT company to have a market capitalization of Rs 3 trillion

Wipro reached Rs 3 trillion in market value for the first time on Thursday, becoming the third Indian IT major…

5 years ago

World food price index surges in May to highest level since 2011: FAO

World food costs increased in May at their quickest month to month rate in over 10 years, posting a twelfth…

5 years ago

COVID-19 second wave: Direct food deliveries spur as orders rise

Direct conveyances from enormous café networks have seen an uptick over the most recent two months with proprietors zeroing in…

5 years ago

Crisil: Hotels, aircraft, and travel businesses will benefit from the revised ECLGS

Businesses impacted worst by COVID-19's second wave, including as hotels, civil aviation, and tour operators, will benefit from the extended…

5 years ago

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