India’s outbound tourism to surpass $42bn by 2024: Report
The report’ titled ‘Outbound Travel and Tourism – An Opportunity Untapped’ by Nangia Andersen LLP in association with FICCI, highlights the up-and-coming Indian travel market […]
Month: August 2022
IOC, HPCL, BPCL post Rs 18,480 crore loss in Q1
According to stock exchange filings by the three fuel retailers, the losses were due to erosion in the marketing margin on petrol, diesel and domestic […]
SBI’s Q1 net profit falls 6.7% to ₹6,068cr on bond provisions
State Bank of India reported a net profit of Rs 6,068 crore for the quarter ending June 2022, a decline of 6.7% over Rs 6,504 […]
Inducting 3rd Dreamliner: Vistara to double Frankfurt and Paris flights from October 30
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Making sense of markets in 2022 and how to invest from here
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Second 50bps hike: Repo rate’s now over pre-pandemic level
In a move that will increase the cost of borrowings for businesses and individuals, including home and auto loans, the Reserve Bank of India has […]
Unacceptably high inflation led to 50 bps rate hike: RBI guv
The “unacceptably high” inflation trending around 7 per cent mark led the Reserve Bank of India to hike rates by an aggressive 0.50 per cent […]
HDFC raises $1.1 billion ‘social loan’ for financing affordable housing segment
Mortgage lender HDFC Ltd on Friday said it has raised $1.1 billion (around Rs 8,700 crore) from a clutch of investors under ‘Syndicated Social Loan […]
ED freezes over Rs 64 crore bank deposits of crypto exchange WazirX
The Enforcement Directorate (ED) on Friday said it has frozen bank deposits of Rs 64.67 crore as part of a money laundering probe against crypto […]
Why a tightening monetary policy may not be effective?
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