Month: April 2023

Air India will hire more than 1,000 pilots, including captains and trainers, as the Tata Group-owned airline expands its fleet and network. The airline, which currently has more than 1,800 … Read More

The Enforcement Directorate on Thursday said it carried out searches against a Bengaluru-based online education company, fully owned and controlled by Chinese nationals, for allegedly violating the foreign exchange law … Read More

Private sector lender Axis Bank on Thursday reported a net loss of Rs 57 crore for the March 2023 quarter on account of the acquisition of the retail consumer business … Read More

The RBI Governor also said that the recent developments in the U.S. may be because of poor business models. | The Hindu

Banks should have adequate capital buffers and liquidity and be ready to report earnings even under macroeconomic stress, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday. “Our … Read More

Reserve Bank Governor Shaktikanta Das today said the Indian banking system has remained resilient and not adversely impacted by recent events in the global financial ecosystem. Speaking at a global … Read More

Facebook-parent Meta on Wednesday reported it made a profit of $5.7 billion dollars in the first quarter of this year, beating forecasts after a massive wave of cost-cutting and layoffs. … Read More

Market benchmark indices advanced in early trade on Thursday, climbing for the fourth straight day amid fresh foreign fund inflows and buying in index major Reliance Industries. The 30-share BSE … Read More

Samsung Electronics on Thursday reported its worst quarterly profits in 14 years, blaming slowing consumer spending on electronics and a global microchip glut that hit its core memory business. The … Read More

Equity benchmark indices declined in early trade on Wednesday tracking weak trends in the US market and foreign fund outflows. Also, a weak trend in index major Reliance Industries and … Read More