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Climate Change Poses Challenges For Monetary Policy: RBI Report

Press Trust of India | Monday April 08, 2024, Mumbai

Frequent weather shocks caused by climate change pose challenges for the monetary policy as well as downside risks to economic growth, a Reserve Bank report said.

Inflation Likely Eased To 4.91% In March, A 5-Month Low: Survey

Reuters | Monday April 08, 2024, New Delhi

India's consumer price inflation likely eased to a five-month low of 4.91% in March but was still above the Reserve Bank of India's 4% medium-term target as food price rises persist, according to economists polled by Reuters.

Average Salary Of A CEO In India Is...

Press Trust of India | Monday April 08, 2024, New Delhi

The average CEO compensation in India stood at Rs 13.8 crore, up 40 per cent compared with pre-COVID-19 times, and more than half of the overall remuneration is linked to short-term and long-term incentives, says a Deloitte report.

Sensex, Nifty Hit All-Time High Amid Optimism In Global Markets

Press Trust of India | Monday April 08, 2024, Mumbai

Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows.

Adani Group To Invest Rs 2.3 Lakh Crore In Big Renewable Energy Expansion

Press Trust of India | Sunday April 07, 2024, Khavda/Ahmedabad

Adani Group will invest about Rs 2.3 lakh crore through 2030 in India's most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plan

Thierry Delaporte Resigns As Wipro CEO, Veteran Insider Set To Take Over

Reuters | Saturday April 06, 2024, Bengaluru

Thierry Delaporte resigned as CEO of Wipro on Saturday following a fraught few years for India's No. 4 IT services company, to be succeeded by the head of its biggest market.

Adani Wilmar Records Double-Digit Percentage Growth In Q4 Edible Oil Sales

Reuters | Friday April 05, 2024, New Delhi

India's Adani Wilmar forecast double-digit percentage growth in fourth-quarter edible oil sales on Friday, driven by strong demand during the festive season in the world's biggest importer.

"Please Bear With Us...": Air India CEO's Memo To Staff Amid Vistara Crisis

Asian News International | Friday April 05, 2024, New Delhi

In his weekly message to the employees on Friday, Air India chief Campbell Wilson said the airline is busy compiling numbers that will determine the annual appraisal of his colleagues, to be retrospectively effective from April 1.

Byju's Breached Loan Terms Worth $42 Million, Small Stake Sale Blocked: Report

Reuters | Friday April 05, 2024, New Delhi

Indian ed-tech startup Byju's breached terms of loans worth $42 million and has been asked by an arbitrator not to sell some shares of a group firm, a confidential order showed, the latest setback for the company.

RBI Keeps Key Lending Rate Unchanged, Says Inflation Moving Closer To Targets

Reported by Himanshu Shekhar Mishra, Edited by Chandrajit Mitra | Friday April 05, 2024, New Delhi

The Reserve Bank of India (RBI) today kept its key lending rate unchanged at 6.5% for the seventh consecutive time.

How Income Tax Department Eased Returns Filing This Year. See Details

Press Trust of India | Thursday April 04, 2024, New Delhi

The Income Tax department on Thursday said ITRs 1, 2, 4 and 6 have been made available on e-filing portal from April 1, 2024, and about 23,000 returns have already been filed for the 2023-24 fiscal year.

Telangana In Talks With Tesla To Set Up Electric Car Plant In State

Press Trust of India | Thursday April 04, 2024, Hyderabad

Telangana is in talks with Tesla to establish the auto-giant's plant in the state, state Industries Minister D Sridhar Babu said.

Sensex At Lifetime High, Nifty Hits Record High As HDFC, TCS Stocks Surge

Press Trust of India | Thursday April 04, 2024, Mumbai

Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on Thursday, propped up by buying in IT, consumer durables and financial stocks amid expectations of a robust corporate performance.

Why Byju Raveendran Dropped Off The Forbes Billionaires Index

Edited by Abhimanyu Kulkarni | Thursday April 04, 2024, New Delhi

Byju Raveendran, whose company was once the poster child of India's startup ecosystem, has dropped off the Forbes Billionaires Index as his fortunes continue to plummet. According to the list, his net worth has now fallen to zero.

Byju Raveendran's Net Worth Was Rs 17,545 Crore A Year Ago. Today It Is...

Edited by Abhimanyu Kulkarni | Wednesday April 03, 2024, New Delhi

Byju Raveendran's net worth a year ago was Rs 17,545 crore ($2.1 billion) and he featured in several prestigious 'globe's richest' lists. However, according to the recently released Forbes Billionaire Index 2024, his net worth has fallen to zero.