Economy
IMF revises India’s growth forecast as GDP shrinks 8% sharply
The International Monetary Fund has pegged contraction in India’s economy at eight percent in the current financial year. However, it…
Economy
Economy
Overseas investment in Indian companies falls 42% to $1.45 billion in December: RBI data
Overseas Investment by Indian firms dropped down by over 42 percent to $1.45 billion in December 2020, according to Reserve…
Economy
In crackdown on fake GST invoices, 258 arrested since November
More than 2,500 cases have been registered since mid-November as a part of the government’s crackdown on fake goods and…
Banking
Kotak Mahindra Bank reports Rs. 1,853 crore profit in Q3 but decrease in credit growth
Kotak Mahindra Bank reported a 16.1% growth in the third financial quarter that ended on December 2020. It is one…
Finance
Which is the most historic Union Budget of India?
The most historic Union Budget or ‘The Epochal Budget’ was presented on July 24, 1991, by the then Finance Minister…
Economy
Investment in upskilling could boost global GDP by $6.5 trillion by 2030: WEF
A report released by the World Economic Forum(WEF) on January 25, shows that investing in upskilling has the potential to…
Finance
FDI in India rose by 13% in 2020, as inflows declined in major economies due to pandemic: UN
Foreign Direct Investment(FDI) in India rose by 13 percent in 2020. The investments had a heavy swell because of the…
Markets
Reliance tanks nearly 5% post Q3 results
At 11:04 am IST, Reliance Industries Ltd. slumped nearly 5 percent after the company reported its earnings for the fiscal…
Markets
Stove Kraft IPO: Should you subscribe?
Opened for subscription on Monday, the initial public offering (IPO) of Stove Kraft has a huge future growth prospective, but…
Markets
Paytm, PolicyBazaar parent among 6 startups looking at Global Listing in next 2 years
A total of 6 companies including Paytm and EtechAces Marketing and Consulting are considering an international listing. EtechAces Marketing and…
Banking
RBI drew out 7,000 crore liquidity assistance to DBS Bank
DBS Bank India was extended assistance by The Reserve Bank of India (RBI) of about 7,000 crore to meet the…
Companies
Aadhar Housing to come up with Rs 7,300 crore IPO
Blackstone Group led Aadhar Housing is equipped to file a Rs 7,300 crore IPO this month. The company is looking…