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India’s Dec Merchandise Exports Up Over 38% YoY
New Delhi: India's December merchandise exports rose to $37.81 billion, higher by 38.91 per cent on a year-on-year basis, official data showed on Friday.
Exports during December 2020 stood at $27.22 billion.
The data by the Ministry…
Amazon Aggregator Thrasio To Infuse Rs 3,750 Cr In Buying Indian Brands
New Delhi: Thrasio Holdings Inc, an aggregator of private brands on Amazon, on Friday said it will invest Rs 3,750 crore (nearly $500 million) to acquire leading digital-first brands in India.
Thrasio started its Indian innings with…
Equities Decline On Friday After Five Consecutive Sessions Of Gains
New Delhi: The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty on the National Stock Exchange declined in early trade on Friday.
Notably, indices had been gaining for the past five trading sessions.
At 10.28 a.m., Sensex…
Two-Wheeler Maker Yezdi Back In Indian Market After 26 Years, Launches 3 Models
New Delhi: Motorcycle company Yezdi on Thursday announced it was making a comeback in the Indian market with three new motorcycles.
The re-entry into the Indian market comes after a gap of 26 years.
The motorcycles include 'Yezdi…
Financial Stability Panel Discusses Emerging Scenario Of Third Covid Wave
New Delhi: RBI Governor Shaktikanta Das-led Financial Stability and Development Council sub-committee, in a virtual meeting on Thursday, discussed the emerging scenario from the third Covid wave on the financial system.
"The…
Budget FY23: Realty Seeks Incentives On Home Loans, Rental Income, GST Cut On Inputs
New Delhi: With the Union Budget for FY23 round the corner, real estate developers have started making their suggestions and recommendations to the Centre for including them in the Budget document.
The Budget will be tabled in the…
RIL Inks MoU Worth Rs 5.95L Cr In Green Energy, Other Projects In Gujarat
Ahmedabad: Reliance Industries (RIL) on Thursday signed Memorandums of Understanding (MoU) with the Gujarat state for a total investment of Rs 5.955 lakh crore as part of the investment promotion activity for 'Vibrant Gujarat Summit 2022',…
FTA Golden Opportunity To Put UK Businesses At The Forefront: British Trade Secretary
New Delhi: After the formal launch of the negotiations between India and the UK for a Free Trade Agreement (FTA) between the two nations here on Thursday, British International Trade Secretary, Anne-Marie Trevelyan, said that the UK is…
Tata Teleservices Stocks Hit 5% Lower Circuit For 2nd Straight Session
New Delhi: Shares of Tata Teleservices have hit the five per cent lower circuit for the second consecutive session on Thursday as the company on Tuesday decided to opt for conversion of the interest from adjusted gross revenue (AGR) dues…
POSCO & Adani Sign MoU For Integrated Steel Mill
New Delhi: POSCO and the Adani Group have agreed to explore business cooperation opportunities, including the establishment of a green, environment-friendly Integrated Steel Mill at Mundra, Gujarat, as well as other businesses. The…