Government officials and farm experts hope that the New Year will be better as the area under coverage in the ongoing rabi season is higher as farmers were encouraged mainly by the hike in Minimum Support Price (MSP).from Moneycontrol Business News https://ift.tt/rSXLDJN
Mumbai/New Delhi, Dec 31 With tailwinds of high domestic air passenger traffic and airlines#39; ambitious expansion plans, the country#39;s civil aviation se..
While 2022 may have been a volatile year, investors will be wondering if 2023 will also play out in similar fashion. A better idea for investors is to take forecasts with a bucket of salt, look at the macro data emerging from key economies and watch for what central banks do
How fast inflation and high interest rates upended markets across the globe.
MA suffers record decline in second half of 2022 as interest rate rises hit financing
While India followed a protectionist regime to promote Indian shipping, the reality was that it had a counter-productive influence by making the Indian shipping industry secure in a protected market with no innovation and growth towards global competitiveness
A round-up of the biggest articles from newspapers
Moneycontrol profiles Finance Minister Nirmala Sitharaman and her panel of experts entrusted with drafting the annual financial statement
Earlier this month, a 100 MW unit of the project started commercial operation, as per a BSE filing.
Indian companies raised around 5.38 trillion rupees ($64.95 billion) through private placements in 2022, largely aided by the banking system#39;s massive cash surplus, data showed.
âThis century belongs to India,â Adani said during an interview with local news channel India Today late Wednesday. The first-generation entrepreneur also sees India becoming a green hydrogen exporter, adding that a government production-linked incentive plan makes the business viable and attractive.
Long-term investors could look to add some strong technology companies at a price correction
A round-up of the biggest articles from newspapers
The Bengaluru-based auto major unveiled Innova HyCross in November and it will be available at the dealership from mid next month.
According to respective company sources, Biological E is holding 200 million doses of its COVID-19 vaccine Corbevax while Bharat Biotech is sitting on a stockpile of 50 million doses of Covaxin.
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A round-up of the biggest articles from newspapers
The two partners have signed a Memorandum of Understanding (MoU) for a five-year engagement, Max Healthcare said in a statement.
Once the OTS process is completed, RFL will come out of the Corrective Action Plan (CAP) imposed by the Reserve Bank of India in January 2018 due to its weak financial health.
The city-headquartered company started its investment journey on the automation front two years ago and has already been recognised for its work by multiple bodies, Geena Malhotra, the chief technology officer for the company, told PTI recently.
Major goods imported from China included electronic items, organic and inorganic chemicals, medicinal and pharmaceutical products, fertilisers, crude and manufactured and dyeing/tanning/colouring materials.
At the annual general meeting, the shareholders also gave their nod for the adoption of audited financial statements for financial year ended March 31, 2022.
The amount will be used for future growth and potential consolidation opportunities.
The approval granted by the US Food Drug Administration (USFDA) is for the abbreviated new drug application (ANDA), Fulvestrant injection of strength 250 mg/5 mL (50 mg/mL) per single-dose prefilled syringe, the company said in a statement.
The valuation is still heady in comparison to global peers and there is room for further correction in the stock
Insurance penetration in India during 2021-22 was 4.2 per cent, remaining same as in 2020-21.
Right-wing officials are attacking BlackRock for overstepping. Those on the left say the worldâs biggest asset manager is not doing enough.
Though Mr. Bankman-Fried was not required to pay $250 million, the large amount of the bond in this high-profile case has raised questions about the federal bail process.
Strap: Markets are sending out weak signals even as central banks get their act together to beat inflation. The other risk lurking is China#39;s rising COVID cases that investors must guard against
beatXP Business Director Ashish Dhuwan told PTI that the company has garnered an average sale of Rs 1 crore per day during the limited launch about 10 days back which gives it a confidence to comfortably achieve the set target. Founded in late 2021, beatXP#39;s consolidated business has crossed the Rs 100 crore mark.
The Food Safety and Standards Authority of India (FSSAI) said that every package of vegan food should carry the logo as specified in the notification.
Childrenâs personal data, especially, is a sensitive aspect and needs careful and immediate attention from a legislative framework perspective, says Supratim Chakraborty
Battery Smart, which provides swapping networks for electric two and three-wheelers, will use the fund to add more batteries to its network and expand to new cities across India, the company said in a statement.
Founded in 2012, Piramal Realty is the real estate arm of the business conglomerate Piramal Group. It is one of the leading developers with 15 million square feet of residential and commercial under development in the Mumbai Metropolitan Region (MMR).
Deciding when and how to scale up is tricky. Besides the right product and timely funding, it needs mental toughness and ability of founders to overcome challenges
Lawyers for the FTX founder are in talks about a deal that could allow him to be released on bail when he is extradited to the United States on fraud charges
"Burman family, who are part of the majority shareholders of Dabur India Ltd, have sold approximately 1 per cent shares through a block deal," said a regulatory filing by Dabur India.
"Buoyed by a strong festive season and rising demand across sectors, the Indian Staffing Federation (ISF) members added 78,000 new jobs in July-September quarter, a 6 per cent rise in new jobs over previous April-June quarter," said ISF#39;s Flexi Staffing Employment Growth report.
Through Google IDF, the company bought a 7.73 per cent stake in Jio for USD 4.5 billion and a 1.2 per cent stake in Bharti Airtel for USD 700 million.
According to Reserve Bank of India (RBI) data, public sector banks have recovered Rs 4,80,111 crore, including Rs 1,03,045 crore from written-off loans, during the last five financial years, she said.
A government source has said India aims to implement quality control measures for the light engineering, rubber, cement and concrete building materials industry.
In Delhi, petrol and diesel cost Rs 96.72 per litre and Rs 89.62 per litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27 per litre.
Investors are taking flight as the US Fed is standing its ground on inflation
Here are three methods to ensure there are no big accidents and consistency is carried on in Option Writing for longer period of time
The price of Bitcoin, the world#39;s largest cryptocurrency, hovered around Rs 14.65 lakh, with a dominance of currently 40.17 per cent, an increase of 0.74 per cent over the day.
Business and Political Updates: The DCGI has written a letter to the World Health Organisation citing premature linking of Indian-made cough syrups to deaths in Gambia. "India has been committed to rigorous monitoring and oversight to ensure that the highest standards of manufacture are maintained in quality control of drugs and cosmetics," the letter said.