Non-metros adding new e-commerce users faster than metros: Myntra CEO
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
Day: May 31, 2023
Cabinet approves a mega plan of Rs 1 lakh crore to create grain storage capacity in cooperative sector
The Cabinet on Wednesday approved setting up an Inter Ministerial Committee (IMC) for facilitation of the world’s largest grain storage plan in India in the […]
Sebi cancels registration of Karvy Stock Broking for misappropriating clients’ funds
The Securities and Exchange Board of India (SEBI) has cancelled the registration of Karvy Stock Broking Ltd. for misusing clients’ funds and securities. As per […]
Sensex, Nifty trip over profit taking in banking, energy shares; snap 4-day winning run
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Centre’s fiscal deficit for 2022-23 at 6.4 pc of GDP: CGA data
The fiscal deficit for 2022-23 worked out to be 6.4 per cent of the gross domestic product (GDP), as it was projected by the finance […]
Reliance, financials drag Indian shares ahead of GDP data
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Deloitte flags Adani Port transactions citing lack of review
Auditor Deloitte Haskins & Sells has issued a qualified opinion on Adani Ports & Special Economic Zone Ltd’s accounts due to insufficient disclosure of transactions […]
Sebi proposes more disclosures from ‘high-risk’ foreign funds
Sebi is seeking more disclosure from foreign portfolio investment firms with large holdings in local stocks. Firms categorised as high risk will need additional compliance […]
Economists see India’s first rate cut in 2024 for durable growth
The Reserve Bank of India (RBI) is expected to keep interest rates on hold during its June meeting, according to Bloomberg survey results, as they […]
‘India poised to deny funding for Vedanta-Foxconn chip venture’
India’s government is expected to refuse vital funding for Anil Agarwal’s Vedanta Resources’ semiconductor venture with Taiwan’s Hon Hai Precision Industry. Vedanta and Hon Hai […]