business

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

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…

4 years ago
Governor of RBI says India’s Forex reserves could surpass $600 billionGovernor of RBI says India’s Forex reserves could surpass $600 billion

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…

4 years ago
Tesla ramps up hiring in India; focus on leadership and senior-level positionsTesla ramps up hiring in India; focus on leadership and senior-level positions

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…

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

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…

4 years ago
World food price index surges in May to highest level since 2011: FAOWorld food price index surges in May to highest level since 2011: FAO

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…

4 years ago
COVID-19 second wave: Direct food deliveries spur as orders riseCOVID-19 second wave: Direct food deliveries spur as orders rise

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…

4 years ago
First time in 12 years, income tax collections surpass corporation tax collectionsFirst time in 12 years, income tax collections surpass corporation tax collections

First time in 12 years, income tax collections surpass corporation tax collections

Due to decreased tax rates and the impact of COVID-19 on firms, corporate tax collection dipped below personal income tax…

4 years ago
Franklin Templeton MF claims: returned Rs 14,572 crore to investors in six defunct schemesFranklin Templeton MF claims: returned Rs 14,572 crore to investors in six defunct schemes

Franklin Templeton MF claims: returned Rs 14,572 crore to investors in six defunct schemes

Franklin Templeton Mutual Fund (MF) said on Wednesday that its six defunct debt schemes released Rs 14,572 crore to investors…

4 years ago
Government is expanding its emergency credit guarantee programme to aid businessesGovernment is expanding its emergency credit guarantee programme to aid businesses

Government is expanding its emergency credit guarantee programme to aid businesses

To assist companies affected by the second wave of the Covid-19 epidemic, the government has extended the Emergency Credit Line…

4 years ago
SBI Research: Economy added 16.9 lakh less employment in FY21SBI Research: Economy added 16.9 lakh less employment in FY21

SBI Research: Economy added 16.9 lakh less employment in FY21

According to an SBI Research examination of EPFO payroll data, net employment creation in the economy declined by 16.9 lakh…

4 years ago