BUSINESS
India’s forex reserves rise by $2.31 billion after 4 straight weekly fall
August 6, 2022
India’s forex reserves rise by $2.31 billion after 4 straight weekly fall
Mumbai: India’s foreign exchange (forex) reserves rose by $2.315 billion to $573.875 billion for the week ended July 29 on the…
SBI PAT fall 6.70% on-year to Rs 6,068 cr in Q1FY23
August 6, 2022
SBI PAT fall 6.70% on-year to Rs 6,068 cr in Q1FY23
Mumbai: India’s largest state-owned bank, State Bank of India (SBI) reported a marginal fall in net profit of 6.70 per cent…
Gulf NRIs, businessmen evince interest in Kashmir after abrogation of 370
August 6, 2022
Gulf NRIs, businessmen evince interest in Kashmir after abrogation of 370
Jeddah: Touting itself as “Paradise on Earth”, Kashmir now attracts many Indian tourists including NRIs from the Gulf region keen to…
Alibaba lays off nearly 10K employees amid poor sales
August 6, 2022
Alibaba lays off nearly 10K employees amid poor sales
Beijing, Aug 6 (IANS) Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut…
Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds
August 6, 2022
Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds
Mumbai: Bank of Baroda, the second largest state-owned bank, is planning to raise Rs 1,000 crore through issuance of infrastructure and…
RBI to widen Internal Ombudsman mechanism by including CICs
August 5, 2022
RBI to widen Internal Ombudsman mechanism by including CICs
Mumbai: The Reserve Bank on Friday decided to expand the scope of Internal Ombudsman framework by including Credit Information Companies (CICs)…
Rupee gains 26 paise in afternoon trade to 79.20 against US dollar
August 5, 2022
Rupee gains 26 paise in afternoon trade to 79.20 against US dollar
Mumbai: The Indian rupee appreciated 26 paise during the afternoon trade at 79.20 against the US dollar by 12.37 p.m. on…
iPhone 14 base model likely to cost $799 like its predecessor
August 5, 2022
iPhone 14 base model likely to cost $799 like its predecessor
San Francisco: Tech giant Apple’s upcoming iPhone 14 base model is rumoured to cost $799, which is the same price as…
Sensex rises more than 150 points; Nifty rises above 17,427 after RBI hikes 50 bps repo rate
August 5, 2022
Sensex rises more than 150 points; Nifty rises above 17,427 after RBI hikes 50 bps repo rate
Mumbai: The benchmark indices rose during the afternoon trade on Friday, after falling marginally the previous day as 50 basis points…
HDFC announces completion of $1.1 billion syndicated social loan facility
August 5, 2022
HDFC announces completion of $1.1 billion syndicated social loan facility
Mumbai: HDFC Ltd has announced the completion of the USD 1.1 billion Syndicated Social Loan Facility for the financing of affordable…