Category: Business

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India’s foreign exchange reserves stand at $657.89 billion

Mumbai:  India’s foreign exchange reserves stood at $657.89 billion while the gold component of the kitty was valued at $65.75 billion, as of November 15, according to official figures released by the RBI on Friday. India’s foreign exchange reserves were at $675.65 billion on November 8 but since the RBI has been releasing dollars in.

Haryana Minister urges Korean entrepreneurs to invest in Haryana

Gurugram:  Haryana’s Minister of Industry and Commerce and Foreign Cooperation Rao Narbir Singh asked the entrepreneurs of Korea to invest in Haryana. “The Haryana government will provide full support to the investors,” said the minister while addressing more than 70 delegates from Korea at the ‘Haryana-Korea Business Connect’ dinner program hosted by Korea Herald in.

Punjab CM assures cooperation to investing companies

Chandigarh: Punjab Chief Minister Bhagwant Mann on Friday assured cooperation to Vardhman Special Steels Ltd (VSSL) for setting up a greenfield unit for manufacturing of special alloy steel through electric arc furnace route at a cost of Rs 1,750 crore. The Chief Minister, during a meeting with the company’s Vice Chairman and Managing Director Sachit.

Adani Company Share Price: Impact of US Charges, shares of most Adani Group companies fell as soon as the market opened

Shares of the group's flagship company Adani Enterprises tumbled 6.98 percent to a 52-week low of Rs 2,030.

India, Italy reaffirm commitment to advance strategic partnership as PM Modi, Meloni meet in Rio

Rio de Janeiro (Brazil): Prime Minister Narendra Modi and his Italian counterpart Giorgia Meloni acknowledged the significant potential of the India-Italy Strategic Partnership at the sidelines of the G20 Summit in Rio de Janeiro, Brazil. During their bilateral meeting on Monday, both leaders agreed to strengthen their collaboration and outlined a series of targeted, time-sensitive.

India’s hospitality sector clocks double-digit revenue growth in July-Sep

Mumbai: India’s hospitality sector continued to witness year-on-year growth in performance in July–September period, primarily driven by a rise in average daily rate (ADR), resulting in a revenue per available room growth of 10.8 per cent, according to a report released on Tuesday. Hyderabad emerged as the revenue per available room (RevPAR) growth leader in.

Reliance and Disney completes joint venture transaction for entertainment brand

Mumbai (Maharashtra) : Reliance Industries, Viacom 18 Media (Viacom18) and The Walt Disney Company (Disney) on Thursday announced that following the approval by the NCLT Mumbai, Competition Commission of India and other regulatory authorities, the merger of the media and JioCinema businesses of Viacom18 into Star India (SIPL) has become effective, as per a joint.

Sensex crashes 984 points, loses 1,795 points in 3 trading sessions

Mumbai:  The Indian stock market closed on a bearish note on Wednesday with significant declines across major indices. The Sensex fell by 984 points or 1.25 per cent to settle at 77,690, while the Nifty dropped 324 points or 1.36 per cent to close at 23,559. This week so far, Sensex was down 1,795 points.

Vegetable prices sky-rocket in October, food inflation at 10.87%, CPI at 6.21 %

New Delhi : India’s retail inflation was at 6.21 per cent in October, breaching the Reserve Bank of India’s 6 per cent upper tolerance level. According to data released by the Ministry of Statistics and Programme Implementation on Tuesday, food inflation was at 10.87 per cent. Notably, vegetable Inflation was at 42.18 per cent. Corresponding.

Bears on prowl! Sensex tanks 820 points, Nifty below 24,000

Mumbai:  The Indian stock market closed in red on Tuesday as heavy selling was seen in all sectors except IT and realty. India’s main benchmark indices closed down by more than 1 per cent at the end of trading. Sensex fell 820.97 points, or 1.03 per cent, to 78,675.18 and Nifty settled at 23,883.45, down.