By Rohit Vaid New Delhi, June 30 (SocialNews.XYZ) Predictions of a possible third wave of Covid-19 along with high inflationary pressure are expected to hamper the pent-up demand in FY22. At present, India suffers from…
New Delhi, June 30 (SocialNews.XYZ) India on Wednesday extended the suspension on international commercial flight operations till July 31, 2021. “In partial modification of circular dated 26-06-2020, the competent authority has further extended the validity…
Mumbai, June 30 (SocialNews.XYZ) The Reserve Bank of India (RBI) has fixed the average base rate for NBFC-MFIs to be charged from their borrowers at 7.98 per cent for the quarter starting July 1, 2021…
Mumbai, June 30 (SocialNews.XYZ) Shares of Jet Airways hit the 5 per cent upper circuit on Wednesday as the resolution process of the company has concluded and the seven-member monitoring committee has been constituted. Around…
New Delhi, June 30 (SocialNews.XYZ) The Indian agricultural sector is at the cusp of a disruption based on technology, regulation, investment and stakeholder behavioural changes across consumers to farmers. Agritech and agri-ecosystem sectors have received…
New Delhi, June 30 (SocialNews.XYZ) You May not have realised it, but your fuel bill silently increased by about 10 per cent in the past two months during the peak of the second Covid wave…
New Delhi, June 30 (SocialNews.XYZ) As ecommerce regulations are tightened, fight between foreign companies Amazon, Flipkart and Indian companies Reliance, Tata Group is set to intensify. Foreign brokerage, Jefferies said in a note, “The proposed…
Washington, June 30 (SocialNews.XYZ) American aerospace giant Boeing and United Airlines have announced that the carrier, the third largest in the world, will expand its 737 fleet by purchasing an additional 200 jets. The joint…
Mumbai, June 30 (SocialNews.XYZ) The Indian stock market traded on a positive note on Wednesday morning with the BSE Sensex rising over 200 points. The domestic market traded in tandem with its Asian peers. Further…
New Delhi, June 30 (SocialNews.XYZ) Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about a 10…
New Delhi, June 30 (SocialNews.XYZ) Strong fiscal policy support in the form of stimulus measures are needed to kick start growth, EY India said. According to the consultancy firm’s June edition of Economy Watch: “The…
Mumbai, June 29 (SocialNews.XYZ) Reliance Industries and Abu Dhabi National Oil Company (ADNOC), a state-run oil company of the UAE, have finalised an agreement for a petrochemical joint venture several months after signing a broad…
New Delhi, June 29 (SocialNews.XYZ) Union Minister for Petroleum and Natural Gas Dharmendra Pradhan has directed public sector oil and gas companies to monetise stranded energy reserves and discoveries, adding that in case they are…
Mumbai, June 29 (SocialNews.XYZ) German luxury car manufacturer Audi on Tuesday said it has commenced bookings for its all-electric SUVs – the e-tron and the e-tron Sportback – in India. The Audi e-tron is a…
By Rohit Vaid New Delhi, June 29 (SocialNews.XYZ) Predictions of a possible third wave of Covid-19 along with high inflationary pressure are expected to hamper the pent-up demand in FY22. At present, India suffers from…
New Delhi, June 29 (SocialNews.XYZ) India’s energy demand is expected to improve in July 2021, given the settling down of the second Covid wave and re-opening of commercial establishments, India Ratings and Research (Ind-Ra) said…
Mumbai, June 29 (SocialNews.XYZ) Luxury automobile manufacturer Jaguar Land Rover India on Tuesday launched the luxury performance SUV Range Rover Sport SVR in India priced at Rs 2.19 crore. The SUV is powered by a…
New Delhi, June 29 (SocialNews.XYZ) Bharti will invest an additional $500 million into Low Earth Orbit (LEO) satellite communications company OneWeb. Post the investment, the total funding raised by OneWeb would amount to $2.4 billion….
New Delhi, June 29 (SocialNews.XYZ) Ratings agency Crisil on Tuesday termed the government’s relief package for the tourism sector as a ‘timely’ move that will gear up the industry for recovery with the easing of…
New Delhi, June 29 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Tuesday asked the ministries and respective departments to make efforts to frontload capital expenditure. The minister held a virtual meeting with senior government officials to…