Economy

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 quarter ending March 31,…

3 years ago

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 percent the previous fiscal…

3 years ago

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 0.1 percent and revised…

3 years ago

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 enforced directives on PMC…

3 years ago

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, making it the world's…

3 years ago

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 to a new high…

3 years ago

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 financial creditors received Rs…

3 years ago

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 some more weight and…

3 years ago

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 percent in April, citing…

3 years ago

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, according to its president,…

3 years ago

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