Inflation has eased in Europe for the first time in more than a year as energy prices have fallen from painful highs, but the double-digit rate remains near a record, robbing consumers of their purchasing power and prompting economists to predict a recession. The consumer price index in the 19 eurozone...
China appears likely to relax some of its strict zero-Covid rules after rare protests in several cities last weekend called for an end to strict Covid curbs, according to a senior Chinese official’s comments and reports on Thursday. According to the official news agency, Xinhua, Vice-Premier Sun Chunlan...
Even having everyone in the room was a real challenge at the last G20 meeting in Bali, External Affairs Minister S Jaishankar said on Thursday, emphasising that including all members in conversations is India’s “biggest commitment” during its presidency. Jaishankar said at the G20 University Conn...
Of late, several Mutual Fund investors who had migrated from Fixed Deposits in the aftermath of the pandemic induced low interest rate regime are seriously considering reversing their tracks. After all, FD rates are on the rise (in sync with increasing repo rates) and debt funds haven’t exactly delivere...
The Reserve Bank Of India on Thursday announced that it will launch the first pilot for retail digital rupee (e₹-R) in Mumbai, New Delhi, Bengaluru, and Bhubaneswar, and later expand it to nine other cities in the initial phase. It will follow a one-month pilot on November 1 in the digital rupee – whole...
The Reserve Bank of India will raise interest rates by a smaller 35 basis points to 6.25 per cent in December, according to economists polled by Reuters who expect another modest move up early next year to curb lingering inflation pressures. A strong two-thirds majority said it was still too soon for th...
It is so cool to look at how things have fast moved up the ladder of success across varied industries of the world. What is even more enthralling is how this could get possible due to the incredible efforts and hard work of a few professionals, especially from the younger brigade, who made things possib...
Narendra Modi’s home state Gujarat has begun votings today for the first phase, and according to opinion polls conducted in the lead-up of the state, BJP is predicted to win for the straight seventh term. The second phase of the election is scheduled to be held on 5 December and the counting of v...
Union Agriculture and Farmers Welfare Minister Narendra Singh Tomar on Wednesday said that government is continuously encouraging youth through various schemes and programmes to join the Agriculture sector. While speaking at second sustainable agriculture summit organised by FICCI the minister said...
Juicy Chemistry, a Coimbatore-based personal and beauty care brand, is planning to enter the offline retail sector in a big way by opening around 115 company-owned company-operated (COCO) stores across the country in 2023–24. It is also looking to diversify its product portfolio by launching a natural a...
Juicy Chemistry, a Coimbatore-based personal and beauty care brand, is planning to enter the offline retail sector in a big way by opening around 115 company-owned company-operated (COCO) stores across the country in 2023-24. It is also looking to diversify its product portfolio by launching a natural a...
Prime Minister Narendra Modi on Wednesday, envisioned a boost to the tourism sector in Arunachal Pradesh with the addition of Donyi Polo airport in Itanagar. Modi via a tweet said that the addition of new airport and flights will make more people able to visit Arunachal Pradesh with ease and experience...
Shareholders will get one share in the new company in January for every three company shares they hold. Doonited Affiliated: Syndicate News Hunt Source link
Tech Twitter boss said he met with Apple CEO Tim Cook, who said Apple never considered banning Twitter from App Store Doonited Affiliated: Syndicate News Hunt Source link
India’s core sector growth dropped to 0.1 per cent in October in comparison to 8.7 per cent in the same month last year, according to government statistics released on Wednesday. In September, the core sector’s output growth stood at 7.8 per cent. ICI measures the combined and individual per...
The all-Ind consumer price index (CPI) for industrial workers increased by 1.2 points and stood at 132.5 in October 2022, as per the data released by the Ministry of Labour and Employment on Wednesday. The ministry said that on the one-month percentage change, it increased by 0.91 per cent with respect...
India and South Korea signed an agreement on Wednesday for an Economic Development Cooperation Fund loan of over Rs 1500 crores for the establishment of an Intelligent Transport System on the Nagpur-Mumbai Super Communication Expressway Project. The project’s goal is to improve traffic management...
“When we make nature, animals and plants a part of our festivals and celebrations, then co-existence becomes a natural part of our life,” he said Manipur is exactly like an elegant garland where one can witness a mini India, said Prime Minister Narendra Modi on Wednesday while addressing Manipur S...
In 1999, Astral released the first product, CPVC pipes for industrial applications. Overcoming a lot of obstacles, the company finally started seeing growth. They were the first company in India to train plumbers, given the CPVC product was new to India. In the first year itself, they trained thousands...
Gorakhpur, 30 November, 2022: Continuing his drive to launch development projects across the state, the Uttar Pradesh Chief Minister Yogi Adityanath inaugurated and laid the foundation stone of 133 investment projects worth Rs 504 crores, launched about 49 development works worth Rs 260 crore and prese...
India’s fiscal deficit widened to Rs 7.58 lakh crore from April to October, accounting for 45.6 per cent of annual estimates, official data revealed on Wednesday. For fiscal 2022-23, the fiscal deficit of the government is estimated to be Rs 16.61 lakh crore or 6.4 per cent of the GDP. Net tax rec...
BEIJING—Jiang Zemin, the former Chinese leader who came to power after the quelling of the Tiananmen Square democracy protests and presided over the market-oriented changes that turned China into a global economic juggernaut, died on Wednesday, state media said. He was 96. Mr. Jiang, who died of leukemi...
The Minister for Communications, Electronics and Information Technology and Railways, Ashwini Vaishnaw on Wednesday said that 10 million additional jobs can be created in the electronics and business processing (BPO) sector in the coming two years, given the strides, the startup sector is making in the...
Amid the global economic slowdown, India’s gross domestic product (GDP) for the July-September quarter of this financial year (FY) grew at 6.3 per cent against 8.4 per cent in a year-ago quarter, as per the data released by the centre on Wednesday. The Ministry of Statistics and Programme Implementation...
Nadav Lapid, the Israeli filmmaker has made a remark against the movie ‘The Kashmir Files’ by saying ‘it has fascist features’. Earlier, at the International Film Festival of India (IFFI), he had stated Vivek Agnihotri’s movie as ‘vulgar, propaganda film’. Sinc...
The company is investing over £1 billion into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonise its production processes significantly by 2030 Essar Oil UK on Wednesday said that it has planned to build a £360 million major new carbon capture plant at...
What is the key objective of Shelter Expo 2022? The key objective of Shelter Expo 22 is to promote Nashik at global level since it is the next ideal real estate destination in entire Maharashtra. We also want to promote the projects of our members of CREDAI Nashik Metro to customers who are looking to ....
About one fourth or 25 per cent of the Indian population uses air conditioners. While this is not a majority, it still has a significant impact on the environment. Not only do cooling devices consume a significant portion of the electricity at home, they also releases harmful gases in the atmosphere. T...
The Ministry of Power on Wednesday in a statement said that the total outstanding dues of states are reduced by Rs 24,680 crore to Rs 1,13,269 crore from Rs 1,37,949 core in June 2022. The ministry said that this happened due to the timely payment of just four EMIs. For payment of EMI of Rs ...
The Central government on Tuesday relaxed the ban on exports of organic non-basmati rice due to a reduction in domestic supply that lowered costs. To boost domestic availability, the government banned the export of broken rice at the beginning of September. Following a spike in retail prices, a 20 per c...
The likely required investment in carbon capture will be Rs 30,000 crore to Rs 50,000 crore, depending on the carbon capture volume, said Niti Aayog in its report on Wednesday The Indian think tank in its report on carbon capture stated that an additional amount of around Rs 11,000 crore to Rs 19,000 c...
On the international day of solidarity with the Palestinian people, Prime Minister Narendra Modi reiterated India’s unwavering support to the Palestinian cause. PM Modi in the letter shared by India’s representative office in Ramallah on Twitter stated that India’s ties with the friend...
The Government e-Marketplace (GeM) platform crossed Rs 1 lakh crore gross merchandise value till 29 November 2022 for the financial year 2022-2023. Cumulatively, GeM has surpassed the 3-lakh crore GMV since inception, and the total number of transactions on GeM also recently surpassed 1.2 crore. In a...
With agriculture, Haryana is also a leading state in the industrial production and service sector, said President Droupadi Murmu on Tuesday. While speaking at a civic reception in Chandigarh, she said that it is a major automobile-producing state. Murmu noted that more than 250 Fortune-500 companies h...
The companies’ CEOs are likely to face questions on how the proposed $20 billion deal would affect competition and shoppers. Doonited Affiliated: Syndicate News Hunt Source link
BlockFi Inc. was shocked by allegations of systemic failures at FTX, with which it has extensive business, and now the cryptocurrency lender is working hard to return customer funds after filing for bankruptcy this week, a BlockFi lawyer said Tuesday. Jersey City, N.J.-based BlockFi, which secured a re...
Tech The platform is an outlier among social-media companies in giving up policing false and misleading information about Covid-19 Doonited Affiliated: Syndicate News Hunt Source link
The 10-year Treasury is yielding less than the 2-year note by the largest amount since the 1980s. This unusual relationship between yields reflects investors’ bets on easing inflation and future rate cuts. Doonited Affiliated: Syndicate News Hunt Source link
The company has been under pressure from cord-cutting as Americans have moved from traditional pay-TV packages to streaming services. Doonited Affiliated: Syndicate News Hunt Source link
French President Macron’s visit to the U.S. is likely to focus on trade and geopolitical concerns, as European officials have started to express frustration at their increasing reliance on the U.S. for security and economic stability. Doonited Affiliated: Syndicate News Hunt Source link
Russia’s steel exports to India increased from about 34,000 tonnes exported a year earlier to 149,000 tonnes India’s finished steel imports from Russia during April to October increased to their highest level in at least four years, highlighting Moscow’s attempt to redirect exports in...
Israel’s Ambassador to India Naor Gilon said the Israeli filmmaker and jury chief at the International Film Festival of India (IFFI) “should be ashamed”. As he described ‘The Kashmir Files as “propaganda and vulgar.” “An open letter to #NadavLapid following his critic...
The Reserve Bank of India (RBI) on Tuesday announced the launch of the first pilot for retail digital rupee (e₹-R) on December 1. In a circular, RBI said that the pilot would cover select locations in closed user group (CUG) comprising participating customers and merchants. The e₹-R would be in the form...
Union Minister of Information and Broadcasting Anurag Thakur on Tuesday said that, presenting authentic information is the prime responsibility of media and that facts should be properly checked before they are put in the public domain. “Speed with which the information is transmitted is important...
It’s official now! In an official statement, the Tata Group announced the consolidation of its airlines. With this consolidation, Air India shall be India’s leading domestic and international carrier with a combined fleet of 218 aircraft, making it India’s largest international carrier and second-...
The algorithm update would help more low quality notes get identified, with more contributors who consistently write low quality notes having their writing ability locked (and must earn it back) and contributor helpfulness scores improve with more scoring data, said the company. In a move to make the so...
Domestic airline Go First has received an additional 400 crore under a government scheme and it expects to operate more planes once it receives 16 new P&W engines in the coming weeks, according to a media report. As many aircraft remain inoperable, the airline is also dealing with flight delays and...
Small Industries Development Bank of India (Sidbi) and Agence Francaise of Development (AfD) signed a memorandum of understanding to strengthen the cooperation on climate change and greening finance. AFD is a public development finance institution whose objective is to support India’s international co...
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