Read ePaper
Read ePaper

Business

Indian Households Amass USD 9.7 Trillion in Wealth Over Last Decade: Morgan Stanley Report

Indian Households Amass USD 9.7 Trillion in Wealth Over Last Decade: Morgan Stanley Report

12 Nov 2024 15:38 PM IST

Indian households have accumulated an impressive USD 9.7 trillion in wealth over the past decade, according to a recent report by Morgan Stanley. The significant rise in wealth is ushering in several economic shifts, including increased discretionary spending, a growing propensity for borrowing, and a surge in investments in the
SBI Report Predicts 8-10 Percent Rupee Depreciation If Trump Secures Second Term

SBI Report Predicts 8-10 Percent Rupee Depreciation If Trump Secures Second Term

11 Nov 2024 23:41 PM IST

The State Bank of India (SBI) in its latest report predicts that the rupee could depreciate by 8-10% against the US dollar if Donald Trump returns to power. The report comes as the rupee hit an all-time low of 84.38 on Monday. According to SBI’s US Presidential Election 2024: How
RBI Allows FPI Reclassification to FDI Beyond 10% Threshold in Listed Companies

RBI Allows FPI Reclassification to FDI Beyond 10% Threshold in Listed Companies

11 Nov 2024 20:32 PM IST

The Reserve Bank of India (RBI) announced on Monday that foreign portfolio investors (FPIs) who exceed the 10% investment cap in listed Indian companies can now either reduce their holdings or reclassify the excess portion as foreign direct investment (FDI). Under existing regulations, an FPI and its investor group may
Ludo platform Zupee Reaches 100 Million Users, Records 6.6 Billion Gameplays

Ludo platform Zupee Reaches 100 Million Users, Records 6.6 Billion Gameplays

11 Nov 2024 19:42 PM IST

Zupee, a leading online gaming platform specializing in skill-based Ludo, has hit a major milestone, surpassing 100 million users. The achievement establishes Zupee as the top player in the rapidly expanding segment of skill-based online gaming in India, with an impressive record of 6.6 billion gameplays so far. Reinventing Classic
85% of Industry Leaders Push for Major Quantum Computing Investments to Drive AI

85% of Industry Leaders Push for Major Quantum Computing Investments to Drive AI

11 Nov 2024 15:02 PM IST

A new report by Primus Partners reveals that 85% of surveyed industry leaders are calling for substantial investments in quantum computing research and talent development, recognizing the transformative potential of this emerging technology. The survey, which gathered responses from 200 senior executives and CXOs, underscores the impact quantum computing could
Andhra Pradesh Unveils Rs2.94 Lakh Crore Budget with vision of Swarna Andhra@2047

Andhra Pradesh Unveils Rs2.94 Lakh Crore Budget with vision of Swarna Andhra@2047

11 Nov 2024 14:54 PM IST

Andhra Pradesh’s Finance Minister Payyavula Keshav presented the state’s budget for the 2024-25 fiscal year, with a total expenditure of Rs2,94,427.25 crore. The budget reflects the state’s vision of “Swarna Andhra@2047” and includes measures aimed at addressing past challenges while promoting inclusive growth. The budget outlines Rs2,35,916.99 crore for revenue
One Market, Two Models: How Vistara-Enhanced Air India Aims to Compete with Budget Giant IndiGo

One Market, Two Models: How Vistara-Enhanced Air India Aims to Compete with Budget Giant IndiGo

11 Nov 2024 13:47 PM IST

The upcoming merger of Vistara with Air India marks a pivotal shift in India’s aviation industry, setting the stage for a fierce competition between full-service luxury offerings and budget-friendly options as IndiGo dominates the low-cost market. On November 12, 2024, Vistara, a premium airline co-owned by Tata Group and Singapore
Swiggy IPO Allotment: How to Check Status Online

Swiggy IPO Allotment: How to Check Status Online

11 Nov 2024 11:09 AM IST

Investors who applied for Swiggy’s IPO can now check their allotment status. The IPO, which opened with a price band of Rs 371 to Rs 390, aimed to raise Rs 11,327 crore through a combination of a fresh share issue and an Offer for Sale (OFS). The allotment will be
Rupee Hits All-Time Low of 84.38 Against US Dollar

Rupee Hits All-Time Low of 84.38 Against US Dollar

11 Nov 2024 10:24 AM IST

The Indian rupee weakened to an all-time low of 84.38 against the US dollar in early trading on Monday, marking a decline of 1 paisa. This drop was attributed to continued foreign fund outflows and a lackluster performance in domestic equities. Forex traders suggest that the rupee is likely to
EPFO Shakes Things Up: Big Decisions on Compassionate Appointments, Audits, and Reform!

EPFO Shakes Things Up: Big Decisions on Compassionate Appointments, Audits, and Reform!

10 Nov 2024 21:10 PM IST

The Audited Annual Accounts of EPFO for 2021-22 and 2022-23 were placed before the Committee for consideration of recommendation.
ITI Secures Rs 4,559 Cr Rural Broadband BharatNet Orders

ITI Secures Rs 4,559 Cr Rural Broadband BharatNet Orders

10 Nov 2024 21:02 PM IST

ITI Limited has now become the lowest bidder for three packages, bringing the total order value to Rs 4,559 crores.
India Prepares for Test Launch of Long-Range Anti-Ship Ballistic Missile

India Prepares for Test Launch of Long-Range Anti-Ship Ballistic Missile

10 Nov 2024 20:42 PM IST

India is gearing up to conduct a test of a new long-range anti-ship ballistic missile capable of striking moving enemy warships or aircraft carriers at distances exceeding 1,000 kilometers. The Defence Research and Development Organisation (DRDO) is expected to carry out the test launch in the coming days, according to
Advertisement

Latest News

View More

Short Video

View More
short vidro bnr

Trump’s AmFest Dance Proves He Can Still Command a Crowd—And the Internet

short vidro bnr

Trump Pledges to Establish Two-Gender Policy as Official U.S. Government Stance

Live Blog

  • No live blog updates available.
itv-school-ad
Taboola Advertisement