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A recent Oxford Economics study reveals India has failed to attract a significant share of manufacturing relocating from China amid US-China trade tensions. From 2017 to 2023, India’s US import share increased by only 0.6%, while Vietnam’s rose by 1.7%. Despite initiatives like the “Make in India” campaign, India’s manufacturing contribution to GDP remains stagnant...
Paytm has received approval from the National Payments Corporation of India (NPCI) to onboard new UPI users, following earlier restrictions imposed by the RBI. This decision allows Paytm to expand its UPI services through four banks: SBI, Axis Bank, HDFC Bank, and YES Bank. Paytm reported a net profit of ₹928.3 crore for Q2 2024, […]
The Indian government has lifted the minimum export price of USD 490 per tonne for non-basmati white rice, aiming to enhance overseas shipments. This decision follows the removal of a blanket export ban imposed in July 2023. With ample rice stocks and controlled retail prices, the move seeks to boost exports, which totaled USD 201 […]
The Supreme Court has stayed the NCLAT bench’s permission for the bankruptcy proceedings of popular edtech firm BYJU’S. It set aside the decision regarding pending bills of ₹158.9 crore owed by BYJU’S to the BCCI and ordered the company to deposit the full amount. BYJU’S, which was supposed to act as BCCI’s jersey sponsor until […]
The Supreme Court has stayed the NCLAT bench’s permission for the bankruptcy proceedings of popular edtech firm BYJU’S. It set aside the decision regarding pending bills of ₹158.9 crore owed by BYJU’S to the BCCI and ordered the company to deposit the full amount. BYJU’S, which was supposed to act as BCCI’s jersey sponsor until […]
Reliance Industries Ltd (RIL) Chairman Mukesh Ambani, who has ventured into multiple sectors and become the richest man in India, is now looking to enter the insurance industry. To this end, Jio Financial Services Ltd has engaged in discussions with Allianz SE. Meanwhile, German insurance giant Allianz is seeking to exit two existing joint ventures […]
Zomato has raised its platform fee to ₹10 from ₹7 as the festive season approaches. This fee adjustment, first introduced at ₹2 in August 2023, aims to improve margins. The increase could yield an additional ₹65 crore annually based on Zomato’s FY2023 order volume. The company also reported a modest rise in Q2 profits amid […]
The Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant in Andhra Pradesh, is a Navratna status public sector undertaking under the Union Ministry of Steel. Established in 1982, RINL was fully owned by the central govt. It received Navratna status from the govt in November 2010. Notably, the Vizag Steel Plant is […]
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹1101, ★ Mumbai – ₹1021, ★ Delhi – ₹1021, ★ Kolkata – ₹1021, ★ Bangalore – ₹968, ★ Hyderabad – ₹1101, ★ Kerala – ₹1101, ★ Pune – ₹1021, ★ Vadodara – ₹1021, ★ Ahmedabad – ₹1021, ★ Jaipur […]
The Sensex and Nifty opened at fresh record levels in early trade today, October 23, 2024. The Sensex started trading today at 80059.28, down 161.44 points or 0.20%, and the Nifty was at 24208.05, down 264.05 points or 1.08%. Meanwhile, the Indian rupee was trading today at 84.08 against the dollar.
★ National Mole Day, ★ National Horror Movie Day, ★ Event Organizers Day, ★ 1977: Launch of Doordarshan Saptagiri TV Channel, ★ 1979: Birthday of Pan India star Prabhas, ★ 1991: Birthday of Tollywood star heroine Chandini Chaudhary, ★ 1623: Death of Hindi Ramayana writer Tulsidasu, and ★ 2023: Death of Bishan Singh Bedi, the […]
Here are the diesel prices per liter in the top cities. ★ Delhi – ₹87.62, ★ Kolkata – ₹91.76, ★ Mumbai – ₹89.97, ★ Chennai – ₹92.34, ★ Gurgaon – ₹88.65, ★ Noida – ₹87.86, ★ Bangalore – ₹88.94, ★ Bhubaneswar – ₹92.62, ★ Chandigarh – ₹82.40, ★ HYD – ₹95.65, ★ Jaipur – ₹90.36, […]
BSNL has unveiled a new logo while gearing up for its 5G launch. The telecom giant introduced seven new services, including a spam-free network, national Wi-Fi roaming for fibre users, and a fibre-based TV service offering over 500 channels without data penalties. Additionally, automated kiosks for SIM management, a specialized 5G network for mining, and […]
The feud between comedian Kunal Kamra and Ola’s Bhavish Aggarwal intensified as Kamra criticized the alleged hiring of “bouncers for after sales” at Ola service centers. Responding to customer complaints, Kamra urged journalists to investigate and questioned the company’s customer service. This exchange follows Kamra’s earlier post highlighting parked electric scoo...
The Sensex and Nifty opened at fresh record levels in early trade today, October 22, 2024. The Sensex started trading today at 81155.08, up 3.81 points, and the Nifty was at 24798.65, up 17.55points or 0.07%. Meanwhile, the Indian rupee was trading today at 84.07 against the dollar.