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Saturday, December 2, 2023

Rishika Sharma

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Retail Inflation Likely Rose in March But Stayed Within Target

According to a Reuters survey, India's retail inflation rose to a four-month high in March, owing to increases in food and fuel rates, but...

In FY21, the income tax and corporate tax collections exceeded the revised estimates, totaling Rs 9.45 lakh crore

Mumbai: The fiscal year ended March 31 saw income tax and corporate tax collections of Rs 9.45 lakh crore, which were 5% higher than...

Fitch Solutions sees RBI holding Interest Rates Through FY22

Mumbai: Following its decision to purchase Rs 1 lakh crore of government bonds, the RBI is expected to hold benchmark interest rates unchanged during...

Bitcoin Could Be “A Potential Chinese Financial Weapon” says PayPal’s Peter Thiel

Bitcoin, also known as cryptocurrency, is a virtual currency or a digital currency. It is like an online version of cash in which a...

Morgan Stanley selections cyclicals over defensives as India’s boom growth cycle unfolds; bets on those shares

Mumbai: As India advances closer to the post-pandemic international, the economic boom tale is unfolding and getting more potent. This has led analysts at...

UCO Bank Intends To Deduct Rs 12,537 Crore In Cumulative Losses From The Share Premium a/c Balance

New Delhi: State-owned UCO Bank has proposed using the balance in the share premium account to offset its cumulative losses of over Rs 12,537...

In Fiscal Year 21 (FY21), Petroleum Consumption Falls 9.1 Percent

Domestic consumption of petroleum products fell 9.1 percent year on year (y-o-y) to 194.7 million tonnes (MT) in FY21, owing primarily to low sales...

NBFC Microfinance Startup Lendingkart Raises $15mn debt

New Delhi: Lendingkart's NBFC arm has secured $15 million in debt financing from FMO, a Dutch entrepreneurial development bank, according to a press release issued...

PayPal to Offer collateral-free loans upto Rs 1Cr to MSMEs and Small Businesses via FlexiLoans

New Delhi:  Credit & Finance for MSMEs: PayPal, a digital payments firm, is now providing collateral-free business loans to Indian merchants that use its services to...

Reliance Jio Telecom Deal: Ties Up with Bharti Airtel in Delhi, Mumbai, Andhra in Rs 1500 Cr Deal

Mumbai: Reliance Jio, the telecom subsidiary of Mukesh Ambani-led Reliance Industries, has signed a definitive agreement with Bharti Airtel for the acquisition of right to...

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States will request a three-year extension of GST compensation at the upcoming council meeting: Sources

After Union Finance Minister Nirmala Sitharaman returns from her 10-day trip to the US after attending the World Bank-IMF meeting earlier this month, the...

The Dogecoin craze has made its way to Indian cryptocurrency exchanges

The Dogecoin craze has spread to cryptocurrency exchanges in India. The cryptocurrency, named after a meme of the Japanese dog breed Shiba Inu and backed...

Retail Inflation Likely Rose in March But Stayed Within Target

According to a Reuters survey, India's retail inflation rose to a four-month high in March, owing to increases in food and fuel rates, but...

In FY21, the income tax and corporate tax collections exceeded the revised estimates, totaling Rs 9.45 lakh crore

Mumbai: The fiscal year ended March 31 saw income tax and corporate tax collections of Rs 9.45 lakh crore, which were 5% higher than...