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RBI Governor Emphasizes Government and RBI Synergy in Times of Crisis

25 Sep 2024 10:54 AM IST

RBI Governor Shaktikanta Das highlighted the importance of collaboration between the Reserve Bank of India (RBI) and the government in reducing the conflict between combating inflation and promoting growth. He reiterated that there is no long-term trade-off between growth and inflation, as maintaining low inflation is essential for sustainable economic

Dassault Boosts India’s Defense with MRO Hub

24 Sep 2024 16:34 PM IST

Dassault Aviation establishes a new MRO facility in India to service Rafale and Mirage-2000 fighter jets, boosting the Indian Air Force and Navy's capabilities. The facility aligns with India's self-reliance goals in defense under the 'Make in India' initiative.

Sensex Surges Past 85,000, Nifty Hits Record High Amid Global Optimism

24 Sep 2024 11:01 AM IST

Amid global optimism, Sensex and Nifty hit record highs, with Sensex surpassing the 85,000 mark at 85,001.42 and NSE reaching an all-time high of 25,975 points on Tuesday. The market initially opened flat but quickly surged, driven by positive global sentiment. Market expert Ajay Bagga noted that while the Indian

SEBI Fines Jai Anmol Ambani ₹1 Crore for Reliance Home Finance Irregularities

24 Sep 2024 10:37 AM IST

Markets regulator SEBI has imposed a ₹1 crore fine on Jai Anmol Ambani, the elder son of businessman Anil Ambani, for irregularities related to Reliance Home Finance (RHFL). Additionally, SEBI has penalized Krishnan Gopalakrishnan, RHFL’s Chief Risk Officer between November 2016 and 2018, with a ₹15 lakh fine for similar

SEBI Report: 93% F&O Traders Face Massive Losses

23 Sep 2024 21:01 PM IST

A SEBI study reveals that 93% of individual F&O traders incurred substantial losses between FY22 and FY24, with collective losses reaching ₹1.8 lakh crore. Algorithmic trading dominated profits, while many retail investors faced heavy financial setbacks.

Reliance Foundation Pledges $10M to Empower Women in Digital Economy

22 Sep 2024 21:27 PM IST

Reliance Foundation has pledged $10 million to the Women in Digital Economy Fund (WiDEF), partnering with USAID and the Bill & Melinda Gates Foundation to close the digital gender gap by 2030. This initiative focuses on empowering women through digital skills, economic security, and innovative tech solutions in India and

As Jio, Airtel, and Vi Face Customer Losses Following Tariff Hikes, BSNL Gains Ground

21 Sep 2024 14:42 PM IST

In July, major telecom operators like Reliance Jio, Bharti Airtel, and Vodafone Idea experienced significant customer losses after increasing their mobile service prices. Meanwhile, government-owned Bharat Sanchar Nigam Limited (BSNL) added new subscribers, even as the overall telecom user base in India saw a slight decline. Jio lost 750,000

Sharvshring Pvt Ltd: All-Inclusive Tech Solutions for Contemporary Business Development

21 Sep 2024 06:27 AM IST

India’s leading software provider Sharvshring Pvt Ltd is known for offering a wide range of technologically advanced and digital services that enable companies to expand sustainably. The company offers services to a range of industries, with an emphasis on innovation and client satisfaction. This helps businesses improve their digital presence

Nike Appoints Elliott Hill As CEO To Revive Sales Amid Rising Competition

20 Sep 2024 23:38 PM IST

Nike appoints former senior executive Elliott Hill as CEO to replace John Donahoe, aiming to boost sales and compete with rising market challenges.

ICC Men’s Cricket World Cup 2023: ₹11,637 Crore Economic Boost and 48,000 Jobs Created

19 Sep 2024 15:50 PM IST

The ICC Men’s Cricket World Cup 2023 significantly boosted India’s economy, generating ₹11,637 crore (approximately $1.39 billion) and creating 48,000 jobs, according to a report by Financial Express citing ICC data. Held from October 5 to November 19 across ten cities, the tournament drew 1.25 million spectators, contributing $861.4 million

Sensex and Nifty Reach New Record Highs After US Fed Cuts Interest Rates by 50 Basis Points

19 Sep 2024 10:21 AM IST

The Indian stock market experienced a surge on Thursday, responding positively to the US Federal Reserve’s decision to cut interest rates by 50 basis points—the first reduction since 2020. The Nifty at the National Stock Exchange surpassed the 25,500 mark for the first time, while the Sensex at the BSE

US Fed Cuts Interest Rates by 50 Basis Points Amid Economic Uncertainty

18 Sep 2024 23:59 PM IST

The US Federal Reserve slashes interest rates by 50 basis points for the first time in four years, aiming to support the job market and control inflation. Markets react with caution as the economy navigates this pivotal shift.