RBI not thinking of moving towards de-dollarization: Governor Das
Davos, Jan 17 - Reserve Bank of India (RBI) Governor Shaktikanta Das said that it is incorrect to say that there was a move towards de-dollarisation as the efforts of the central bank towards internationalisation of the rupee are not aimed at replacing
88% Indian professionals considering new jobs in 2024: Report
New Delhi, Jan 17 - Nearly nine in 10 (88 per cent) professionals in India are considering a new job in 2024 despite economic uncertainty, a new report revealed on Wednesday.
Adani Group to invest Rs 12,400 crore in Telangana
Hyderabad, Jan 17 - Adani Group has announced an investment worth Rs 12,400 crore in Telangana across multiple businesses, the Telangana government said on Wednesday.
Apple opens new office in India, to house up to 1,200 employees
Bengaluru, Jan 17 - Apple on Wednesday announced to expand its footprint in India with opening a new office in the heart of Bengaluru, as the iPhone maker cements its position in the country with ramping up local manufacturing.
Maha inks MoU in Davos for $3 bn green ammonia plant
Mumbai, Jan 17 - The Maharashtra government has signed a MoU with INOX Air Products group in Davos to set up a mega-plant to produce green ammonia in the state, an official said here on Tuesday.
Chip design firm Synopsys to acquire graphics software maker Ansys for $35 bn
San Francisco, Jan 16 - Chip design and software company Synopsys on Tuesday announced to acquire product design software firm Ansys for $35 billion in a cash-and-stock deal.
India taking tough stand against countries imposing non-tariff barriers on exports: Goyal
New Delhi, Jan 16 - India is taking a tough stand on unfair non-tariff barriers being imposed on its exports by other countries and will take similar steps to counter these anti-trade measures on a reciprocal basis, Commerce and Industry Minister Piyush Goyal
Japan Airlines appoints first female president
Tokyo, Jan 17 - Japan Airlines (JAL) on Wednesday announced its decision to promote senior executive Mitsuko Tottori to the position of president, making the first time that a woman will hold the top post in the flag carrier's history.
Scindia inaugurates Air India Express flights connecting Ayodhya to Bengaluru & Kolkata
New Delhi, Jan 17 - Union Civil Aviation Minister, Jyotiraditya Scindia on Wednesday inaugurated the first-ever Air India Express flights connecting Ayodhya to Bengaluru and Kolkata ahead of the Pran Pratishtha ceremony at the Ram Temple on January 22.
Germany’s 2023 inflation rate drop a record high since 1990
berlin, Jan 17 - Germany's annual average inflation rate in 2023 decreased to 5.9 per cent from the previous year's 6.9 per cent, a record high since reunification in 1990, said the Federal Statistical Office (Destatis).
HSBC files contempt case against govt over delay in tax refund
Mumbai, Jan 16 - HSBC has filed a contempt of court case against the Central government, alleging non-compliance with the Bombay High Court's ruling concerning a service tax refund.
Indian markets snapped 5-day winning streak weighed down by realty, IT stocks
New Delhi, Jan 16 - Devarsh Vakil - Deputy Head Retail Research, HDFC Securities on Tuesday said that Nifty broke the 5 session’s winning streak by falling 65 points to close at 22032 weighed down mainly by realty and IT stocks.
WEF meet kicks off in Davos with focus on economic downturn, rising inflation
Davos (Switzerland), Jan 17 - The World Economic Forum (WEF) has kicked off its 54th meeting in Davos amid an atmosphere of uncertainty about when the global downturn will reverse and when the rising inflation in most countries will be reined in.
Over 60 heads of state to attend WEF conference in Davos
New York, Jan 16 - Over 60 heads of state will attend the World Economic Forum (WEF) in Davos this year, media reports said.
RBI wants ceiling for state govts’ guarantees to be fixed at 5% of revenue
Mumbai, Jan 16 - The Reserve Bank of India (RBI) on Tuesday recommended that state governments should consider fixing a ceiling for incremental guarantees that they issue during a year at 5 per cent of Revenue Receipts or 0.5 per cent of Gross
World’s richest 5 would take 476 years to go broke if they spend $1 mn daily: Report
New Delhi, Jan 16 - It would take 476 years for the world's top five richest men to exhaust all their money if they decided to spend $1 million per day, a new report has said.
3.7 crore people came out of poverty in Bihar due to Nitish’s policies: Choudhary
Patna, Jan 16 - After a NITI Aayog report revealed on Monday that 3.70 crore people of Bihar had come out of poverty, the state’s Finance Minister, Vijay Kumar Choudhary, said on Tuesday that such an achievement was possible due to the leadership
Kerala attracted Rs 91,575 crore investment between 2018-23: Study
Thiruvananthapuram, Jan 16 - Kerala has successfully attracted over Rs 91,575 crore of new investment projects during 2018-19 to 2022-23, completed projects worth Rs 33,815 crores, and generated new job opportunities, direct and indirect, for about five lakh people, according to a study
India’s trade deficit may turn volatile due to Red Sea danger: Nomura
New Delhi, Jan 16 - India's trade deficit may turn volatile in the coming months given the supply-side disruptions in the Red Sea due to the attacks on commercial ships by Houthi rebels in retaliation to Israel’s action in Gaza, according to a
Gujarat, Karnataka, Kerala, TN ranked best states for startups
New Delhi, Jan 16 - Gujarat, Karnataka, Kerala, and Tamil Nadu were ranked as the best performing states in India at the startups awards function held here on Tuesday.