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The Reserve Bank on Friday issued instructions permitting travellers from G20 nations to use the mobile-based Unified Payments Interface (UPI) to make payments while in India. UPI is a system … Read More
India’s industrial production growth slipped to 4.3 per cent in December from 7.3 per cent in November 2022, mainly due to subdued performance of the manufacturing sector, according to official … Read More
Shares of most of the Adani group companies settled lower on Friday, with flagship company Adani Enterprises registering a 4 per cent slump, after index provider MSCI decision to cut … Read More
India’s foreign exchange reserves fell for the first time in four weeks and stood at $575.27 billion in the week through Feb. 3, the Reserve Bank of India’s (RBI) statistical … Read More
Moody’s Investor Service on Friday revised downwards the rating outlook on four Adani Group companies to negative from stable after a significant and rapid decline in market value following a … Read More
China’s Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm through a block deal, news agency ANI reported on Friday, citing sources with knowledge of the … Read More
Stock indices ended lower in the volatile session today. BSE Sensex closed 123 points down at 60,682, and NSE Nifty was down 37 points at 17,856. (Except for the headline, … Read More
Carmaker Mahindra and Mahindra Ltd reported a smaller-than-expected rise in third-quarter profit on Friday, as higher expenses offset strong demand for its passenger cars. Mahindra, which is known for XUV, Thar … Read More
Most of the Adani Group companies fell in the morning trade on Friday and flagship Adani Enterprises tumbled 10 per cent after index provider MSCI decided to reduce the weightage … Read More
Billionaire Mukesh Ambani on Friday announced Rs 75,000 crore investment over the next four years in expanding the telecom network, including roll out of 5G services, retail and new energy … Read More