Month: October 2022

Samsung and Apple will upgrade the software for their 5G-enabled phones in India in November-December. NDTV Profit-Latest

Wipro reported a 9.3 per cent fall in September-quarter profit on Wednesday, as rising staff expenses weighed on the software services exporter. NDTV Profit-Latest

The government will extend a one-time grant of Rs 22,000 crore to three state-owned fuel retailers to cover for the losses they incurred on selling domestic cooking gas LPG below … Read More

Stock Market India: Equity benchmarks rallied to stall a three-day losing streak and defy a broader global stocks slump on Wednesday. NDTV Profit-Latest

The rupee closed flat again on Wednesday, with the losses in the domestic currency limited by the Reserve Bank of India’s intervention again. NDTV Profit-Latest

Britain industrialised first, and several other nations in Western Europe and North America followed soon thereafter, says Jared Rubin The Hindu – Economy

The RBI’s slew of rate hikes this year will help lift banks’ net interest margins, but the increase will be limited as funding costs will rise faster than loan rates, … Read More

Finance Minister Nirmala Sitharaman on Tuesday said her Budget for the next financial year will be ‘very carefully structured’ to help the economy sustain growth momentum and rein in prices. … Read More

Tobias Adrian said that monetary policy has tightened in India, similar to other emerging markets as well, where inflation has been above target The Hindu – Economy

Mercedes-Benz and Microsoft announced a partnership on Wednesday using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car plants globally, the… NDTV Profit-Latest