Washington. Aug 25 (SocialNews.XYZ) The number of Americans filing new claims for unemployment benefits has plunged to the lowest level in three weeks, as the labour market remained tight. Initial claims for unemployment benefits dropped…
New Delhi, Aug 24 (SocialNews.XYZ) Reliance Industries on Thursday announced that it has entered into an understanding with The Oberoi Hotels and Resorts (Oberoi) to jointly manage three properties across India and the UK. The properties…
New Delhi, Aug 24 (SocialNews.XYZ) The government in association with state governments is launching an ‘Invoice incentive Scheme’ by the name ‘Mera Bill Mera Adhikaar’ to encourage the culture of customers asking for invoices and…
New Delhi, August 24 (SocialNews.XYZ) Markets regulator SEBI has prescribed that additional disclosures shall not be required to be made by FPIs in case their investments are realigned with the prescribed thresholds. The provisions of…
New Delhi, Aug 24 (SocialNews.XYZ) India’s largest retailer, Reliance Retail, on Thursday announced the launch of its youth-focused fashion retail format, Yousta, with the opening of its first store in Hyderabad’s Sarath City Mall. With contemporary…
New Delhi, Aug 24 (SocialNews.XYZ) India’s growth rate is expected to be the highest in the near future, which will make it one of the biggest development opportunities, Finance Secretary T.V. Somanathan was quoted as…
New Delhi, August 24 (SocialNews.XYZ) RBI Deputy Governor Michael Patra has said that a major risk to inflation outlook stems from the liquidity overhang in the banking system, according to the minutes of the central bank’s…
New Delhi, Aug 24 (SocialNews.XYZ) The ongoing geopolitical and economic uncertainties like higher inflation, China economic jitters, and the pandemic-related economic distortions amid the Russia – Ukraine war continue to offer support to the safe haven…
Guwahati, Aug 24 (SocialNews.XYZ): A Memorandum of Understanding (MoU) has been signed between the Inland Waterways Authority of India (IWAI) and Assam’s Numaligarh Refinery Limited (NRL) to use the national waterways of the Brahmaputra river…
New Delhi, Aug 24 (SocialNews.XYZ) Domestic equities pared some gains amid profit booking after 3 days of positive close. Nifty snapped its initial gains and closed with a marginal loss of 57 points at 19,387…
New Delhi, Aug 24 (SocialNews.XYZ) Indian banks look set to reward shareholders with the highest dividend in at least seven years. The country’s banks are forecast to take their share in aggregate payout across all…
Colombo, Aug 24 (SocialNews.XYZ) Sri Lanka’s domestic economic activity is expected to recover in the second half of this year, Central Bank of Sri Lanka said in a statement on Thursday. As per the central…
New Delhi, Aug 24 (SocialNews.XYZ) The near-term market outlook has turned distinctly positive with the US economy’s soft landing narrative lifting sentiments globally and Chandrayaan-3’s successful soft landing on the moon boosting sentiments in India,…
New Delhi, Aug 24 (SocialNews.XYZ) Prime Minister Narendra Modi on Thursday while virtually addressing the G20 trade and investment ministers’ meeting in Jaipur, said that there is “global optimism and confidence in the Indian economy….
Amaravati, Aug 23 (SocialNews.XYZ) Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Wednesday virtually laid foundations for three renewable energy projects for producing 5,314 MW of power in the state’s Nandyal district. Speaking on…
Tokyo, Aug 23 (SocialNews.XYZ) The average retail gasoline price in Japan climbed to a new high in 15 years by rising for the 14th consecutive week, industry ministry data showed Wednesday. The national average price…
New Delhi, Aug 23 (SocialNews.XYZ) Reliance Retail Ventures Limited (RRVL) announced on Wednesday that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited. The…
New Delhi, Aug 23 (SocialNews.XYZ) Nifty overcame early volatility to end higher for the third session on Wednesday. At close, Nifty was up 0.25 per cent or 47.6 points at 19,444, while the Sensex rose 213…
New Delhi, Aug 23 (SocialNews.XYZ) In 2022, G20 members spent $1.4 trillion to support fossil fuels and they could raise an additional $1 trillion per year by establishing a carbon tax floor of $25-50/tCO2e. These…
Johannesburg, Aug 23 (SocialNews.XYZ) South African President Cyril Ramaphosa has warned against “the new wave of protectionism and the subsequent impact of unilateral measures” and called for “transparency and inclusiveness” to safeguard economic growth. BRICS…