Category: Economy

Bharti Airtel posts quarterly revenues of Rs 37,440cr

New Delhi, Aug 3 (SocialNews.XYZ) Bharti Airtel Limited on Thursday announced its audited consolidated results for the first quarter ended…

1 year ago

India’s geopolitical position can give tailwinds for economic growth: S&P Global Ratings

Chennai, Aug 3 (SocialNews.XYZ) India's economic growth efforts could get the tailwinds from its geopolitical position, said S&P Global Ratings…

1 year ago

Zomato reports profit of Rs 2 cr in Q1, revenue grows 71% YoY

New Delhi, Aug 3 (SocialNews.XYZ) Online food delivery platform Zomato on Thursday reported a net profit of Rs 2 crore…

1 year ago

‘India’s macro challenge for decade ahead is to achieve sustained high, stable and inclusive growth’

New Delhi, Aug 3 (SocialNews.XYZ) The macro challenge in the decade ahead will be to achieve sustained high, stable and…

1 year ago

Rupee under pressure as stock markets selloff: Analyst Jateen Trivedi

New Delhi, Aug 3 (SocialNews.XYZ) Rupee weakness continued further below 82.75 down by another 18 paisa as dollar index rising…

1 year ago

Used car retailer Spinny lays off 300 workers in business rejig

New Delhi, August 3 (SocialNews.XYZ) Used car retailing platform Spinny has laid off nearly 300 employees in a cost-cutting exercise,…

1 year ago

ONGC ties up with BPCL to sell crude oil from Mumbai region

Mumbai, Aug 3 (SocialNews.XYZ) In a major development, the Oil & Natural Gas Corporation Ltd (ONGC) has signed a long-term…

1 year ago

Sensex now down more than 500 points

New Delhi, Aug 3 (SocialNews.XYZ) BSE Sensex was down 565 points in trade on Thursday afternoon as the market absorbed…

1 year ago

Impact of US rating downgrade is likely to fade away soon

New Delhi, Aug 3 (SocialNews.XYZ) BSE Sensex was down 123 points in trade on Thursday morning as the market absorbed…

1 year ago

Taxing GST on deposits will wipe out 80% of online gaming industry

New Delhi, Aug 3 (SocialNews.XYZ) As the 51st GST Council meeting stayed firm on taxing online gaming at 28 per…

1 year ago

VXI forays into India, to create 10K jobs in 5 years

Hyderabad, Aug 2 (SocialNews.XYZ) Making a foray into India, VXI Global Solutions, a leader in customer experience management and business…

1 year ago

India’s major banks remain unprepared to confront climate risks: Report

New Delhi, Aug 2 (SocialNews.XYZ) A report by Climate Risk Horizons on Wednesday said that India’s major banks remain unprepared…

1 year ago

Interglobe Aviation Q1 net at Rs 3,087 crore, to invest in startups

Chennai, Aug 2 (SocialNews.XYZ) Interglobe Aviation Ltd, that owns Indigo Airlines, on Wednesday announced that it will be floating a…

1 year ago

Markets could remain subdued given the gloomy global environment

New Delhi, Aug 2 (SocialNews.XYZ) Domestic Equities saw downward pressure following the global peers amid weak economic data and a…

1 year ago

Gold gained on Fitch downgrade US credit rating

Chennai, Aug 2 (SocialNews.XYZ)The credit rating downgrade of the US by Fitch resulted in gold prices gaining slightly, said a…

1 year ago

Excess IT spend is likely reversing leading to demand weakness

New Delhi, Aug 2 (SocialNews.XYZ) Aggregate incremental revenues (QoQ) of top-5 IT Services players declined in 1QFY24 by USD 68mn,…

1 year ago

Around 15% of unicorn startups have at least one woman founder, says PM

New Delhi, Aug 2 (SocialNews.XYZ) Prime Minister Narendra Modi on Wednesday said that in India around 15 per cent of…

1 year ago

Atishi takes stand against 28% GST on online gaming startups

New Delhi, Aug 2 (SocialNews.XYZ) Delhi Revenue Minister Atishi on Wednesday slammed the Centre's decision to impose 28 per cent…

1 year ago

Bosch Ltd registers 12.8 per cent profit before tax in Q1 FY 2023-24

Bengaluru, Aug 1 (SocialNews.XYZ) Bosch Litd, a leading supplier of technology and services, on Tuesday posted its total revenue from…

1 year ago

Shriram General Insurance to meet 30% management expenses cap in three years

Chennai, Aug 1 (SocialNews.XYZ) Private non-life insurer Shriram General Insurance Company Ltd will meet the 30 per cent cap on…

1 year ago



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