Mumbai, May 3 (SocialNews.XYZ): The RBI on Friday tweaked rules to reduce the risk faced by banks in their exposure to capital market in the case of issue of Irrevocable Payment Commitments (IPCs). The RBI…
Mumbai, May 3 (SocialNews.XYZ) Gautam Hari Singhania-led Raymond on Friday reported an 18 per cent rise in its January-March quarter profit on the back of a strong performance in its real-estate and apparel segments. The…
Rome, May 3 (IANS/DPA) Italy’s unemployment rate decreased to the lowest level in more than 15 years in March after rising slightly in the previous month, the statistical office ISTAT reported on Friday. The jobless…
Mumbai, May 3 (SocialNews.XYZ) Titan Company on Friday reported a standalone net profit of Rs 786 crore for the March quarter, a growth of 7 per cent from Rs 734 crore in the year-ago period….
Mumbai, May 3 (SocialNews.XYZ) Godrej Properties on Friday reported a 14 per cent growth in its consolidated net profit at Rs 471 crore for the January-March quarter of 2023-2024 compared to the corresponding figure of…
Kathmandu, May 3 (SocialNews.XYZ) PhonePe India on Friday showcased its services powered by the Unified Payments Interface (UPI) platform at a special event held in Nepal. The event brought together key stakeholders from the Nepalese…
Islamabad, May 2 (SocialNews.XYZ) Fears that Pakistan is moving towards a complete economic meltdown are rising in the country. The notion originates from multiple factors including slow economic growth, ever-increasing external debts, continuing bailout programmes,…
New Delhi, May 2 (SocialNews.XYZ) The production of gold from Indian mines surged by 86 per cent in February this year to 255 kg while that of copper increased by 28.7 per cent to 11,000…
New Delhi, May 2 (SocialNews.XYZ) India’s coal production increased by 7.4 per cent in April to 78.69 million tonnes compared to the corresponding figure of 73.26 million tonnes for the same month last year, the…
New Delhi, May 2 (SocialNews.XYZ) India and New Zealand have decided to strengthen bilateral trade and collaboration in the pharma, agricultural, and processed food sectors, the Commerce and Industry Ministry said on Thursday. A delegation…
Aizawl, May 2 (SocialNews.XYZ) Mizoram recorded its highest proportion growth at 52 per cent in Goods & Services Tax (GST) collections in April, while four of the eight northeastern states — Sikkim, Arunachal Pradesh, Nagaland,…
Mumbai, May 2 (SocialNews.XYZ) The domestic indices posted moderate gains on Thursday in line with global trends. While the Nifty settled at 22,648.20, up 43 points, or 0.19 per cent, the Sensex closed with a…
New Delhi, May 2 (SocialNews.XYZ) The sharp decline in battery costs is expected to boost the share of generation from the renewable energy (RE) capacity, including large hydro, to 40 per cent of the all-India…
New Delhi, May 2 (SocialNews.XYZ) India’s manufacturing sector continued to grow at a robust pace in April on the back of strong demand although it was a tad lower than the record-high that it touched…
New Delhi, May 2 (SocialNews.XYZ) The Bombay Stock Exchange (BSE) Sensex gained more than 200 points on Thursday on strong domestic cues. Among the Sensex stocks, Powergrid was up more than 3 per cent while…
New Delhi, May 1 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Wednesday took to X to inform that the Goods and Services (GST) collections have crossed Rs 2 lakh crore benchmark for the year, on the…
New Delhi, May 1 (SocialNews.XYZ) India’s strategy of continuing to buy cheap oil from Russia despite Western pressures against these purchases has resulted in the saving of around $7.9 billion in the country’s oil import…
New Delhi, May 1 (SocialNews.XYZ) An increasing number of GST demand notices being issued to companies is contributing to the burgeoning GST collections. Abhishek Jain, Partner and National Head, Indirect Tax, KPMG India, said, “The…
New Delhi, May 1 (SocialNews.XYZ) Bhavish Aggarwal-led Ola Electric on Wednesday announced that it has captured over 52 per cent market share in the electric vehicle (EV) two-wheeler segment in April. According to the government’s…
Mumbai, May 1 (SocialNews.XYZ) Godrej & Boyce, the owner-developer, and Godrej Properties, the development manager, announced on Wednesday that the two companies will continue their association for land development in Vikhroli. “The two companies will…