Day: March 4, 2024

The Reserve Bank on Monday barred IIFL Finance with immediate effect from sanctioning or disbursing gold loans after certain material supervisory concerns were observed in […]

India’s production-linked incentive (PLI) scheme for smartphones has provided incentives to Apple’s contract manufacturers, Samsung, and Dixon Technologies. Some companies have not met production targets. […]

The Indian central bank is expected to take delivery of a $5 billion forex swap due to adequate dollar inflows and tighter rupee liquidity. Inflows […]

The Abu Dhabi Investment Authority acquired an undisclosed number of SpiceJet shares on the open market. A SpiceJet representative said, “Yes, ADIA has acquired shares […]

India’s economy recorded its swiftest expansion in eighteen months in the last quarter of 2023, propelled by vigorous manufacturing and construction activities, registering a growth […]

Saudi Arabia, Opec+ countries, and Russia deepened crude supply cuts to balance the oil market. Brent crude prices increase but remain below previous highs. Further […]

Issuing the dollar security could provide another uplift for Adani, following recent support from investors like GQG Partners LLC and successful debt refinancing for cement […]

Japan’s benchmark Nikkei index surpassed the 40,000 mark for the first time on Monday following gains on Wall Street.The Nikkei added 0.84 percent, or 334.87 […]

Google CEO Sundar Pichai is under growing pressure following the series of gaffes and biases demonstrated by its recently launched generative AI tool Gemini. Some […]