Chennai, Aug 10 (SocialNews.XYZ) Asian life insurance major Life Insurance Corporation of India (LIC) on Thursday said it closed the first quarter of FY24 with a higher net profit of Rs 9,543.71 crore. In a…
Washignton, Aug 10 (SocialNews.XYZ) For the first time in more than 12 months, the pace of US consumer price hikes accelerated on an annual basis, a media report said. The Consumer Price Index rose 3.2…
Chennai, Aug 10 (SocialNews.XYZ) Aditya Birla group’s Grasim Industries Ltd closed the first quarter with a higher consolidated revenue and a lower net profit. In a regulatory filing, the company said for the quarter ended…
Chennai, Aug 10 (SocialNews.XYZ) Fast moving consumer goods company Godrej Consumer Products Ltd said it will set up a factory at an investment of Rs 515 crore in Tamil Nadu over the next five years….
Chennai, Aug 10 (SocialNews.XYZ) Online automobile platform player CarTrade Tech Ltd on Thursday said it closed the first quarter with a net profit of Rs 13.51 crore. According to the company, for the first quarter…
Mumbai, Aug 10 (SocialNews.XYZ) The Reliance Asset Reconstruction Company (RARC), a subsidiary of Reliance Capital Ltd., has challenged the Reserve Bank of India’s Master Circular on the Swiss Challenge Mechanism as being discriminatory, unjust and…
New Delhi, Aug 10 (SocialNews.XYZ) India’s e-commerce industry has recorded an impressive 26.2 per cent (year-over-year) order volume growth in FY-2023 supported by a 23.5 per cent rise in annual GMV (Gross Merchandise Volume) compared…
Chennai, Aug 10 (SocialNews.XYZ) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decision suck out over Rs one trillion from the system which will result in loss of income for the banks and…
Chennai, Aug 10 (SocialNews.XYZ) In an effort to deliver end-to-end frictionless credit on digital mode to underserved regions, the Reserve Bank Innovation Hub (RBIH) is developing a Public Tech Platform, said Reserve Bank of India’s…
Chennai, Aug 10 (SocialNews.XYZ) As predicted by economists, the Reserve Bank of India’s Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent. Announcing the decision of the MPC after its…
Mumbai, Aug 10 (SocialNews.XYZ) Pluckk, India’s leading lifestyle-oriented fresh fruit and vegetables brand, is proud to announce its exciting partnership with renowned Bollywood actress Kareena Kapoor Khan. The partnership not only marks a significant milestone…
Chennai, Aug 10 (SocialNews.XYZ) As predicted by economists, the Reserve Bank of India’s Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent. Announcing the decision of the MPC after its…
Chennai, Aug 9 (SocialNews.XYZ) Sugar major EID Parry (India) gave the bitter news of posting a net loss of Rs 45.77 crore for the first quarter of FY24. In a regulatory filing, EID Parry said…
New Delhi, Aug 9 (SocialNews.XYZ) Equity mutual funds saw net inflows dip sequentially in July on the back of outflows from large-cap funds, but flows remained positive for the 29th consecutive month, says Deepak Jasani,…
New Delhi, Aug 9 (SocialNews.XYZ) Domestic equities reversed their losses following a recovery in the global markets after Italian authorities clarified that the new tax could not breach 0.1 per cent of a lender’s total…
New Delhi, Aug 9 (SocialNews.XYZ) Tata Group-owned BigBasket’s B2B arm Supermarket Grocery Supplies Pvt Ltd’s losses widened 21 per cent to Rs 215.2 crore in FY23, the media reported on Wednesday. The unit registered a…
New Delhi, Aug 9 (SocialNews.XYZ) The government aims to ensure an open, safe, trusted and accountable Internet for Indian citizens, keeping in view the emerging challenges of cybercrimes, and has taken several steps towards reaching…
New Delhi, Aug 9 (SocialNews.XYZ) Top consumer electronics companies like HP, Apple and Dell have urged the government to extend the November 1 deadline for the licences required for PCs, laptops and tablets by at…
New Delhi, August 9 (SocialNews.XYZ) Rural consumption grew at six-quarter lowest of 2.8 per cent in 1QFY24 led by sharper declines in tractor sales and farm exports. An analysis of 10 proxy indicators suggests that…
New Delhi, Aug 8 (SocialNews.XYZ) Moody’s has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade, sending stocks…