Category: Economy

14 NBFCs surrender licences to RBI

Mumbai, Oct 12 (SocialNews.XYZ) Reserve Bank of India (RBI) on Thursday said that 14 non-banking finance companies (NBFCs) have surrendered…

2 years ago

Gangajal exempt from GST, says govt

New Delhi, Oct 12 (SocialNews.XYZ) As the festival season is round the corner, the Finance Ministry clarified on Thursday that…

2 years ago

Nifty ends lower as IT sector comes under pressure

Mumbai, Oct 12 (SocialNews.XYZ) Nifty ended lower on Thursday in the volatile session, swinging between gains and losses. At close,…

2 years ago

Mining stocks soar in Thursday’s trade

Mumbai, Oct 12 (SocialNews.XYZ) Mining stocks soared on Thursday because of which the Nifty Metal index posted strong gains, said…

2 years ago

Infosys logs Rs 6,212 cr profit for Q2, declares interim dividend of Rs 18

Chennai, Oct 12 (SocialNews.XYZ) Information technology (IT) major Infosys announced on Thursday that it closed the second quarter of FY24…

2 years ago

‘Israel-Hamas war is a dark cloud for world economy’, says IMF chief

New Delhi, Oct 12 (SocialNews.XYZ) International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the Israel-Hamas conflict has darkened…

2 years ago

Nirmala Sitharaman meets Brazil’s economy minister, discusses climate finance & strengthening MDBs

New Delhi, Oct 12 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Thursday met Brazil's Economy Minister Fernando Haddad on the sidelines…

2 years ago

Kerala to set up 30 private industrial parks

Thiruvanathapuram, Oct 12 (SocialNews.XYZ) Kerala Industries Minister P. Rajeeve on Thursday announced the government's plan of setting up 30 private…

2 years ago

New Zealand’s food prices up 8% annually

Wellington, Oct 12 (SocialNews.XYZ) Food prices in New Zealand were 8 per cent higher in September than in the same…

2 years ago

Groww surpasses Zerodha in active investor count

Mumbai, Oct 12 (SocialNews.XYZ) Bengaluru-based Fintech startup Groww has shot past the country’s leading discount brokerage company Zerodha in terms…

2 years ago

Lulu group to open hyper market in Noida

Lucknow, Oct 12 (SocialNews.XYZ) The Lulu Group is all set to launch its next hyper mall in Noida apart from…

2 years ago

CAIT expresses concern over delay in implementation of e-commerce policy

New Delhi, Oct 11 (SocialNews.XYZ) Traders' body Confederation of All India Traders (CAIT) has expressed concern over the "inordinate delay"…

2 years ago

SBI Mutual Fund gets RBI nod for buying 9.99% stake in IndusInd Bank

Mumbai, Oct 11 (SocialNews.XYZ) The RBI on Wednesday gave the go-ahead to SBI Mutual Fund (SBIMF) for acquiring up to…

2 years ago

Reliance, HDFC Bank and FMCG stocks could drive Nifty higher: Analysts

Mumbai, Oct 11 (SocialNews.XYZ) The Nifty rallied in the last couple of days as fears around geopolitical concerns were absorbed…

2 years ago

Govt notifies changes in PLI scheme for ACs, LED lights

New Delhi, Oct 11 (SocialNews.XYZ) The government on Wednesday notified the changes in the Production Linked Incentive Scheme for White…

2 years ago

Maruti Suzuki starts shipping out Jimny 5-Door SUV

Chennai, Oct 11 (SocialNews.XYZ) Passenger car major Maruti Suzuki India Ltd announced on Wednesday that it has commenced exports of…

2 years ago

TCS clocks higher net profit, to buyback shares at Rs 4,150 per share

Chennai, Oct 11 (SocialNews.XYZ) Software major Tata Consultancy Services Ltd (TCS) on Wednesday said it closed the second quarter of…

2 years ago

Public sector oil & gas firms have bankrolled over 230 startups: Hardeep Puri

New Delhi, Oct 11 (SocialNews.XYZ) The public sector oil and gas companies are playing a significant role in promoting startups…

2 years ago

Market sentiments get a boost after IMF raises GDP target

New Delhi, Oct 11 (SocialNews.XYZ) Market sentiments were buoyed after the International Monetary Fund (IMF) raised India's FY24 GDP growth…

2 years ago

Nifty advances for second straight day

Mumbai, Oct 11 (SocialNews.XYZ) Nifty held on to gains through Wednesday to advance for the second day, helped by positive…

2 years ago

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