Future Consumer suffers Rs 155 crore loss in Q4, with revenue falling by 59%

Future Consumer Ltd (FCL) recorded a reduced net loss of Rs 155.12 crore for the fiscal…

According to NCAER, Indian economy would increase by 8.4-10.1% this financial year

According to NCAER, the Indian economy would increase 8.4-10.1 percent this fiscal year, compared to 7.3…

Bank of England maintains UK interest rates at a record low of 0.1%

On Thursday, the Bank of England maintained its main interest rate at a historic low of…

The RBI has extended the directives enforced on PMC Bank till December 31

The Reserve Bank of India (RBI) announced on June 25 that it has prolonged the already…

India receives $64 billion FDI in 2020, making it the world’s fifth largest beneficiary of inflows

According to a UN report, India received USD 64 billion in FDI (Foreign Direct Investment) in 2020,…

India’s foreign exchange reserves have reached an all time high of $608 billion

According to the latest Reserve Bank of India statistics, India’s foreign exchange reserves climbed $3.074 billion…

In a year, banks collect Rs 13,706 crore from six major assets through the insolvency process

According to statistics published by the Insolvency and Bankruptcy Board of India (IBBI), banks and other…

Gati Ltd intends to close two operations following a cold chain departure

After departing the cold chain industry, express distribution company Gati Ltd is now aiming to lose…

World Bank reduced India’s GDP prediction for FY22 to 8.3%

The World Bank cut its 2021-22 GDP growth prediction for India to 8.3 percent from 10.1…

El Salvador becomes world’s first nation to accept bitcoin as legal tender

El Salvador Congress has adopted a measure that would make Bitcoin legal tender in the country,…