New Delhi, Aug 6 (SocialNews.XYZ) Reliance Industries has always believed that its greatest strength is the One Reliance family that has powered its inclusive growth since the beginning. The Company regards its people as its…
New Delhi, Aug 6 (SocialNews.XYZ) In June, 2020, Mukesh D. Ambani, the Chairman and Managing Director, Reliance Industries had voluntarily decided to forego his salary for year 2020-21, in light of the COVID-19 outbreak in…
New Delhi, Aug 6 (SocialNews.XYZ) Reliance Industries is one of India’s largest contributors to the national exchequer with its consolidated contribution crossing over Rs 5 lakh crore in the three years from FY21 to FY23….
New Delhi, Aug 6 (SocialNews.XYZ) Investors are awaiting the upcoming MPC meeting, where the RBI is expected to maintain its policy rates at 6.5 per cent, says Vinod Nair, Head of Research at Geojit Financial…
New Delhi, Aug 6 (SocialNews.XYZ) Investments in the country have risen by 65 per cent between 2014-15 and 2022-23, from Rs 32,78,096 crore to Rs 54, 34,691 crore. The government and private sector together invest…
New Delhi, Aug 5 (SocialNews.XYZ) The losses incurred by the central government from smuggling surged by an alarming 163 per cent over the past decade from 2010 to 2020, as per a report. According to…
Chennai, Aug 5 (SocialNews.XYZ) With food inflation being their major food for thought this time around, the members of Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may not tinker with the repo rate…
New Delhi, Aug 5 (SocialNews.XYZ) Handloom fashion in India has woven its way through a rich culture and legacy. These timeless designs have been passed on from generations and it is India’s diverse artisan community…
New Delhi, Aug 4 (SocialNews.XYZ) The government is likely to slash the import duty on wheat due to rising domestic prices of the staple commodity, official sources said. Wheat prices have gone up to Rs…
New Delhi, Aug 4 (SocialNews.XYZ) India’s 401(k) moment has created a reliable domestic source of risk capital, foreign brokerage, Morgan Stanley said in a report. Households continue to be less exposed to equities relative to…
New Delhi, Aug 4 (SocialNews.XYZ) A high-level Parliamentary panel has suggested the government to explore the possibility of aligning the Bureau of Indian Standards (BIS) norms prescribed for precious metals and jewellery, with those of…
New Delhi, Aug 4 (SocialNews.XYZ) Domestic equities saw some respite after witnessing selling pressure for three consecutive days on the back of India’s services activity rising sharply to 62.3, its highest in 13 years, fuelled…
Chennai, Aug 4 (SocialNews.XYZ) Automotive major Mahindra & Mahindra Ltd (M&M) on Friday said it closed the first quarter of FY24 with a net profit of Rs 2,773.73 crore. The company also announced the merger…
Chennai, Aug 4 (SocialNews.XYZ) Automobile major Mahindra & Mahindra Ltd (M&M) on Thursday said the Singapore-based investment firm Temasek has agreed to invest Rs 1,200 crore in Mahindra Electric Automobile Ltd (MEAL). MEAL is a…
New Delhi, Aug 3 (SocialNews.XYZ) Improvement in domestic manufacturing output in June quarter was helped by decline in input prices and strong internal demand, a Finance Ministry document released on Thursday noted. However, at the…
New Delhi, Aug 3 (SocialNews.XYZ) Top executives of World Bank appreciated India’s growth across various sectors during their interaction with Finance Minister Nirmala Sitharaman on Thursday. As many as 11 executive directors of World Bank…
Shimla, Aug 3 (SocialNews.XYZ) Public sector hydropower major SJVN on Thursday inked a memorandum of understanding (MoU) with Sikkim Urja Ltd to trade 180 MW units from 1,200 MW Teesta-III Hydro Electric Project to distribution…
Chennai, Aug 3 (SocialNews.XYZ) The shares of ‘the tyres with muscle’ company MRF Ltd on Thursday touched Rs 107,500 with its Q1 net profit at Rs 581.45 crore with the reduction in input costs. On…
Chennai, Aug 3 (SocialNews.XYZ) Two wheeler maker Eicher Motors Ltd closed Q1FY24 with a higher net profit of Rs 913.88 crore. In a regulatory filing on Thursday, Eicher Motors said for the first quarter of…
Chennai, Aug 3 (SocialNews.XYZ) From ‘cooperative federalism’, it is going to be largely ‘competitive federalism’ in India with the central and state governments competing for investments, states a S&P Global Ratings report. “While competitive federalism…