Month: April 2023

Food price inflation, which was 7.7% in March 2022 and 6% in February this year, eased to 4.8% last month | The Hindu

British financial services giant EY on Tuesday said it was stopping a project to split its audit and advisory units after opposition from its US branch. The move, agreed in … Read More

Walmart Inc-owned Indian payments firm PhonePe on Wednesday said it had raised an additional $100 million from General Atlantic and other investors as part of its ongoing $1 billion fundraise … Read More

The domestic aviation industry continues to witness recovery with air passenger traffic logging around 60 per growth at 13.60 crore in FY23 annually, ICRA said today. Despite this, domestic air … Read More

Union Finance Minister Nirmala Sitharaman and First Deputy Managing Director of the IMF (International Monetary Fund) Gita Gopinath met and discussed a range of issues, including debt vulnerabilities and crypto-related … Read More

The recent collapse of the US-based Silicon Valley Bank(SVB) left many startups and investors in the lurch. The event also triggered panic in the Indian startup ecosystem where many companies … Read More

Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal … Read More

Stock market benchmark indices climbed in early trade on Wednesday, extending their rally for the eighth day running, following strength in most of the Asian equity exchanges and continuous foreign … Read More

At the interbank foreign exchange, the domestic unit opened at 82.08 against the dollar, then climbed to 82.01, registering a rise of 11 paise over its previous close. | The … Read More

The International Monetary Fund maintained an optimistic outlook on India, explaining the down revision as an adjustment for historical numbers that were better than expected. | The Hindu