New Delhi, Oct 19 (SocialNews.XYZ) The market responds to economic headwinds more than geopolitical tensions. From that perspective, the sustained rise in US bond yields is becoming a major challenge for the US, and thereby…
New Delhi, Oct 18 (SocialNews.XYZ) India’s total foodgrain production is estimated at a record 3296.87 lakh tonnes for 2022-23 which is 140.71 lakh tonnes higher than the corresponding figure of 3156.16 Lakh tonnes achieved during…
New Delhi, Oct 18 (SocialNews.XYZ) The total horticulture production in the country including fruits, vegetables, flowers and plantation crops is expected to be a record 351.92 million tonnes during 2022-23, according to the 2nd advance…
New Delhi, Oct 18 (SocialNews.XYZ) Domestic equities on Wednesday witnessed selling pressure amidst intensifying conflict in the Middle East and worries of a prolonged high-interest rate regime after a better-than-expected US retail sales, says Siddhartha…
Kochi, Oct 18 (SocialNews.XYZ) On 106th birth anniversary of its founder, K.P Hormis, Federal Bank inaugurated the ‘Mookkannoor Mission’, an initiative under the Swachh Bharat Abhiyan. Mookkannoor — is a village in Ernakulam district. The…
New Delhi, Oct 18 (SocialNews.XYZ) The second half of FY24 would be one of the strongest periods for hotel companies in the last 10 years, on the back of events like the Cricket World Cup,…
New Delhi, Oct 18 (SocialNews.XYZ) The central government has reduced the windfall tax on domestic crude oil with effect from October 18 from Rs 12,200 a tonne to Rs 9,050 in its fortnightly review which…
Mumbai, Oct 17 (SocialNews.XYZ) The Competition Commission of India (CCI) has approved the proposal of Infrastructure Development Finance Company (IDFC) to merge with its banking arm IDFC First Bank. “The CCI vide its letter dated…
New Delhi, Oct 17 (SocialNews.XYZ) Benchmark indices closed higher on Tuesday with Nifty surpassing 19,800, thanks to widespread buying across various sectors, says Mandar Bhojane, Equity Research Analyst, Choice Broking. At the closing bell, the…
New Delhi, Oct 17 (SocialNews.XYZ) Global engineering giant Rolls-Royce has announced plans to sack as many as 2,500 jobs globally as part of a drastic cost-cutting exercise. Tufan Erginbilgiç, a former BP executive, took over…
Mamallapuram (Tamil Nadu), Oct 17 (SocialNews.XYZ) Union Minister for Fisheries Parshottam Rupala on Tuesday said the government has stepped up its investment for the fisheries sector since 2015 and the fish production has increased manifold….
Tokyo/Mumbai, Oct 17 (SocialNews.XYZ) The state government of Gujarat, in a strategic move aimed at fostering collaboration and investment prospects between Japan and India, invited Vedanta to the roadshow targeting Japan’s major electronics players, ahead…
Mumbai, Oct 16 (SocialNews.XYZ) Aditya Birla Group company Grasim Industries on Monday said that its Board of Directors has approved a proposal to raise Rs 4,000 crore through a rights issue. The board “inter-alia approved…
Mumbai, Oct 16 (SocialNews.XYZ) The Indian rupee plunged to a 12-month low of 83.28 against the US dollar on Monday amid rising oil prices and uncertainty in global markets due to the ongoing Israel-Hamas war….
New Delhi, Oct 16 (SocialNews.XYZ) The Ministry of Defence on Monday signed contract with Kochi-based Cochin Shipyard Limited (CSL) for the mid-life upgrade and re-powering of Indian Navy’s frigate INS Beas at an overall cost…
Mumbai, Oct 15 (SocialNews.XYZ) After IRDAI rejected Hinduja Group led IIHL’s proposal to raise funds for the Reliance Capital acquisition by creating a pledge over the shares of Reliance General Insurance (RGIC) and Reliance Nippon…
Chennai, Oct 15 (SocialNews.XYZ) If electric vehicles (EV) have to contribute to India’s goal of net zero emissions by 2070 then an integrated action is needed failing which there will be only shifting of emissions…
New Delhi, Oct 15 (SocialNews.XYZ) Markets have a mind of their own and last week was a great example of the same. They fell on the opening day of the week on expected lines on…
Washington, Oct 14 (SocialNews.XYZ) The US economy seems perched on a “dangerous edge” in an uncertain environment of rising interest rates, stubborn inflation and international strife and the path forward seems more uncertain than ever….
New Delhi, Oct 13 (SocialNews.XYZ) Finance minister Nirmala Sitharaman on Friday met the head of the federal department of finance of the Swiss Confederation Karin Keller-Sutter, on the sidelines of the 4th G20 Finance Ministers…