Month: September 2022

Reserves forecast to fall another $23 bn to $523 bn by end of this year: poll The Hindu – Economy

Ambuja Cements, now controlled by billionaire Gautam Adani-led Adani Group, on Wednesday said it has pledged 50.5 per cent shareholding in its subsidiary ACC Ltd as “collateral for loans taken … Read More

Apple Inc shares fell 4% in premarket trading on Wednesday and piled pressure on other growth stocks following a report that the tech giant was dropping its plans to boost … Read More

The government is working on decriminalisation of certain offences under GST by raising the threshold limit for launching prosecution and also lowering charges for compounding of offence, an official… NDTV … Read More

A sharp decline has been recorded in the total number of active credit cards following a recent notification of the Reserve Bank of India. NDTV Profit-Latest

A joint statement was signed between Indian and Dutch officials to formalise fast-track mechanism (FTM) for investments of companies from the Netherlands operating in India. NDTV Profit-Latest

The Bank of England said it would delay the start of a programme to sell down its 838 billion pounds of government bond holdings, which had been due to begin … Read More

The Hindu – Economy

Depleted foreign exchange reserves are likely to drop further, falling to their lowest level in over two years by end-2022, a Reuters poll showed. NDTV Profit-Latest

Telangana Chief Minister K Chandrasekhar Rao on Wednesday decided to give 30 per cent share in the profits of state-run Singareni Collieries Company Limited (SCCL) for 2021-22, to the company’s… … Read More