India’s forex reserves drop $7.27 billion to $594.88 billion
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
Month: August 2023
Sensex, Nifty extend losses for fifth straight week
Indian shares closed lower for the fifth consecutive week due to concerns over near-term inflation risks highlighted by the Reserve Bank of India’s policy meeting […]
$1.4 billion valuation: India gets its 1st unicorn of 2023
Zepto, an instant grocery startup founded by a duo of Stanford University dropouts, both 20, raised fresh funds at a $1.4 billion valuation, creating a […]
Average salary hikes for job switch half for IT sector as “hot skills” don’t attract a big premium anymore
The once notable average salary growth has come down from the range of 50-100% to a more modest 35-40% for “hot skill” sets. Business News: […]
EPFO wants to reinvest ETF redemption proceeds back into equities; here’s why
The EPFO’s apex decision-making body, the central board of trustees, authorized the organization during its late March meeting to consider reinvesting the redemption proceeds derived […]
Reliance Industries to sell additional stake in retail arm
Reliance Industries is planning to sell an additional 8-10% stake in its retail arm, Reliance Retail Ventures, to raise funds for expansion, debt repayment, and […]
Rates may rise if price spike spreads from food items: Shaktikanta Das
RBI governor Shaktikanta Das has suggested that interest rates may need to be raised if there is a second-round impact of food price shocks on […]
NMDC creates history as Nagarnar steel plant churns out hot rolled coil in 9 days flat
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
Setting eyes on market, IOCL to move into new offices in AP
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
Nvidia result beats estimates, lifts AI and global tech shares
Shares of Nvidia, the AI bellwether, surged to a record high after the company announced better-than-expected quarterly revenue and a $25 billion buyback plan. The […]