India's Forex Reserves Fall For 2nd Consecutive Week To $589.19 Billion
Reuters | Friday June 02, 2023, MumbaiIndia's overall foreign exchange reserves declined by USD 4.339 billion to USD 589.138 billion in the week that ended on May 26, 2023, data released by the Reserve Bank of India on Friday showed.
Centre Proposes To Sell Up To 3% Stake In Coal India Limited
Press Trust of India | Wednesday May 31, 2023, New DelhiThe government on Wednesday proposed to sell up to three per cent stake in Coal India Ltd through the offer for sale route from June 1. The Offer for Sale (OFS) will be open for retail and non-retail investors on June 1 and 2.
RBI's Upcoming Payment System Is No-Frills, Lightweight: 5 Facts
Edited by Samiran Mishra | Wednesday May 31, 2023, New DelhiThe Reserve Bank of India (RBI) is developing a new lightweight and portable Payment and Settlement System (LPSS). The system will be independent of traditional technologies and can be operated from anywhere with a small number of staff.
Adani Ports Net Profit Rises 9% To Rs 5,393 Crore In 2022-23
Asian News International | Tuesday May 30, 2023, AhmedabadAdani Ports and Special Economic Zone on Tuesday announced its results for the fourth quarter and the entire financial year 2022-23.
Unemployment Rate Dips To 6.8% In January-March 2023: Report
Press Trust of India | Tuesday May 30, 2023, New DelhiThe unemployment rate for persons aged 15 years and above in urban areas declined to 6.8 per cent during January-March 2023 from 8.2 per cent a year ago, the National Sample Survey Survey (NSSO) showed.
RBI May Reduce Policy Rate In 4th Quarter Of 2024: Report
Press Trust of India | Monday May 29, 2023, New DelhiGlobal forecasting firm Oxford Economics on Monday said the RBI may cut key benchmark policy rate in the fourth quarter of the current calendar year as a mix of factors will allow the central bank to shift focus and adopt a more accommodative policy stance sooner.
Reliance To Introduce This Iconic International Snack To Indian Market
Press Trust of India | Friday May 26, 2023, New DelhiReliance Retail has partnered with General Mills, a leading US-based multinational manufacturer of branded processed consumer foods, entering into the fast-growing snacks segment as per its ambition into the FMCG segment.
RIL Shares Jump Nearly 3%, Market Valuation Zooms By Rs 45,887 Crore
Press Trust of India | Friday May 26, 2023, New DelhiShares of Reliance Industries jumped nearly 3 per cent on Friday, adding Rs 45,887.8 crore to its market valuation and helping equity benchmark indices end the day with sharp gains.
India's Wheat Production Set To Touch New Record In 2022-2023 Crop Year
Press Trust of India | Thursday May 25, 2023, New DelhiThe country's wheat production is estimated to set a new record of 112.74 million tonne in the 2022-23 crop year (July-June), while the overall foodgrain output is also likely to be a record 330.53 million tonne.
Market Value Of LIC Investment In Adani Stocks Hits Rs 44,670 Crore
Press Trust of India | Wednesday May 24, 2023, New DelhiMarket value of investments made by state-owned Life Insurance Corporation of India (LIC) in seven companies of the Adani group has swelled to Rs 44,670 crore as stock prices rose this week.
Adani Enterprises Jumps Nearly 18% In Morning Trade As Stock Buying Continues
Press Trust of India | Tuesday May 23, 2023, New DelhiAll Adani Group stocks extended their rally, with Adani Enterprises climbing nearly 18 per cent this morning, after a Supreme Court-appointed panel found no evidence of stock price manipulation in the group companies.
Adani Group Stocks Surge, Market Capitalization Crosses Rs 10 Lakh Crore
Reported by Sakshi Bajaj | Monday May 22, 2023, New DelhiAdani Group stocks surged on Monday, on the first day of trading after a Supreme Court-appointed panel's clean chit to the conglomerate in an investigation linked to US short-seller Hindenburg's allegations.
Rupee Falls 13 Paise To 82.80 Against US Dollar
Press Trust of India | Monday May 22, 2023, MumbaiThe rupee depreciated 13 paise to 82.80 against the US dollar in early trade on Monday, after the central bank said it will withdraw the highest value currency note from circulation.
Sensex Climbs 146.98 Points, Nifty Nears 18,260 In Early Trade
Press Trust of India | Monday May 22, 2023, MumbaiEquity benchmark indices climbed in early trade on Monday amid rally in Asian markets along with buying in index heavyweights IT counters and Reliance Industries.
Amazon To Invest $12.7 Billion In Cloud Infrastructure In India
Press Trust of India | Thursday May 18, 2023, MumbaiAmazon Web Services on Thursday announced plans to invest USD 12.7 billion in cloud infrastructure in India by 2030 as it looks to meet growing customer demand for cloud services in the country.
