Month: January 2023

India’s foreign exchange reserves fell to $561.58 billion in the week through Jan. 6, the Reserve Bank of India’s (RBI) statistical supplement showed today. For the week ended Dec. 30, … Read More

Shares of Infosys gained nearly 2 per cent, with its market valuation climbing Rs 9,695.95 crore on Friday, a day after the company announced its December quarter earnings. The stock … Read More

The Indian rupee strengthened today posting its biggest weekly gain in two months, as benign U.S. inflation reading reinforced expectations of a smaller rate hike by the Federal Reserve next month. … Read More

 Monopolies on supplies of certain minerals can lead to high prices and could make the energy transition difficult, India’s commerce minister Piyush Goyal said today. “Many countries of the south have … Read More

Shares of HCLTech ended in the positive territory on Friday after falling in early trade. The stock, which declined 2.78 per cent to Rs 1,042 in initial trade on the … Read More

Wipro Ltd today posted 2.8 per cent year-on-year rise in its consolidated net profit for December quarter, at about Rs 3,053 crore. The net profit stood at Rs 2,969 crore … Read More

The national company law tribunal has allowed the ownership of carrier Jet Airways to be transferred to the Jalan-Kalrock consortium, news channel CNBC TV 18 reported on Friday. (Except for … Read More

A survey of Indian business leaders shows that the majority of them, about 60 per cent, are optimistic about India posting above 6.5 per cent growth during 2023-24. The survey … Read More

Union Minister Hardeep Singh Puri today asked automobile manufacturers to move from the prototype stage and start introducing green vehicles in the market, saying the time has come for biofuels … Read More

The lawyer of Videocon Group promoter Venugopal Dhoot today argued before the Bombay High Court that the industrialist’s arrest in the ICICI Bank loan fraud case was unwarranted as he … Read More