Category: Economy

EET appoints Rob Wallace as CEO of EET Hydrogen Power

London, April 17 (SocialNews.XYZ) EET Fuels has announced the appointment of Rob Wallace as the Chief Executive Officer (CEO) of…

8 months ago

CBDT signs record 125 pacts to ease tax payments by big multinational firms

New Delhi, April 16 (SocialNews.XYZ) Central Board of Direct Taxes (CBDT) has entered into a record number of 125 Advance…

8 months ago

ZEE withdraws merger implementation application from NCLT, to pursue claims against Sony

Mumbai, April 16 (SocialNews.XYZ) Zee Entertainment Enterprises (ZEE) has decided to withdraw a merger implementation application filed before the Mumbai…

8 months ago

India to add 13,000 km of new highways in 2024-25: ICRA report

New Delhi, April 16 (SocialNews.XYZ) India is expected to maintain its rapid pace of road construction with the addition of…

8 months ago

IMF increases India’s growth projection to 6.8 pc for 2024

Washington, April 16 (SocialNews.XYZ) The International Monetary Fund (IMF) has pegged India's growth projection to 6.8 pc this year, an…

8 months ago

Indians up their spending on dieticians by 125 pc in FY24: Report

New Delhi, April 16 (SocialNews.XYZ) Indians have increased their spending on dieticians by a remarkable 125 per cent in FY24,…

8 months ago

Paytm clarifies licensing process status amid speculations, says govt champions fintech

New Delhi, April 16 (SocialNews.XYZ) Fintech major Paytm on Tuesday clarified the status of its licensing process amid recent speculations,…

8 months ago

UNCTAD forecasts India’s GDP growth at 6.5 pc in 2024

New Delhi, April 16 (SocialNews.XYZ) The latest UN Conference on Trade and Development (UNCTAD) report released on Tuesday forecasts global…

8 months ago

Dragged by weak global cues, domestic equities extend their decline

Mumbai, April 16 (SocialNews.XYZ) The Sensex was down 456.10 points, or 0.62 per cent, at 72,943.68 on Tuesday, while the…

8 months ago

UK unemployment rate jumps by more than expected as job market cools

London, April 16 (IANS/DPA) The UK's unemployment rate has risen by more than expected and earnings growth has eased back…

8 months ago

Morgan Stanley does not expect RBI to go for a rate cut in 2024-25

Mumbai, April 16 (SocialNews.XYZ) Morgan Stanley economists do not expect the RBI to cut key interest rates in 2024-25 as…

8 months ago

Pickup in corporate capex to drive growth momentum

New Delhi, April 16 (SocialNews.XYZ) Global brokerage Morgan Stanley expects the capex recovery in India to become broad-based with private…

8 months ago

Employment could rise by 22 pc by 2028 as India aims $5 trillion economy goal: Report

New Delhi, April 16 (SocialNews.XYZ) As India approaches its $5 trillion economy goal, overall employment could rise by 22 per…

8 months ago

Govt hikes windfall tax on crude oil; ONGC & OIL to take hit

New Delhi, April 16 (SocialNews.XYZ) The Government has hiked the windfall tax on crude oil to Rs 9,600 per metric…

8 months ago

Banks must provide simple key facts statement to borrowers on terms of loans: RBI

Mumbai, April 15 (SocialNews.XYZ) The RBI on Monday directed all banks and housing finance companies to provide 'key fact statements'…

8 months ago

Govt bonds worth Rs 24,000 crore coming up for auctions on Friday

New Delhi, April 15 (SocialNews.XYZ) The Finance Ministry on Monday announced the sale of government bonds worth Rs 24,000 in…

8 months ago

RBI eases rules on hedging of gold price risk in overseas markets

Mumbai, April 15 (SocialNews.XYZ) The RBI on Monday eased rules to allow resident entities to hedge their exposures to the…

8 months ago

Geopolitical situation, rise in crude & metal prices, heat wave to edge up WPI inflation: Economists

Chennai, April 15 (SocialNews.XYZ) Even though higher food prices resulted in the Wholesale Price Index (WPI) inflation rising to 0.53…

8 months ago

India’s merchandise trade deficit dips to 11-month low of $15.6 billion in March

New Delhi, April 15 (SocialNews.XYZ) India's merchandise trade deficit narrowed to an 11-month low of $15.6 billion in March compared…

8 months ago

Equities slump amid geopolitical tensions

Mumbai, April 15 (SocialNews.XYZ) The Sensex plunged more than 800 points on Monday amid growing tensions in the Middle East.…

8 months ago



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