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-
Centre, states to allocate Rs 3 lakh crore for education, nutritional support
At present, around 15 crore children and youths between the ages of three and 23 are out of this system. Pradhan said the change is necessary to ensure a productive workforce. -
Adidas sells Reebok brand to Authentic Brands Group in $2.5 billion deal
The Reebok deal, which will be closed by the first quarter of 2022, marks an important milestone in the growth of Authentic Brands Group, the company’s Chief Executive Officer Jamie Salter said in a statement. -
FM exhorts industry to make investment for boosting growth
Finance minister Nirmala Sitharaman on Thursday urged the industry to come out in a big way to make investment for supporting growth battered by Covid-19 pandemic. -
Explained: What is driving India's export surge
With a whopping 73.51 per cent jump during first four months of financial year 2021-22, India's merchandise exports have staged a good comeback from Covid-induced lows hit last year, a report by State Bank of India (SBI) economists showed. -
AGR woes: VIL files review petition in SC; says struggling to survive
Troubled Vodafone Idea Ltd (VIL) has filed a review petition in the Supreme Court after the apex court recently dismissed its plea for rectification of the alleged errors in the calculation of adjusted gross revenues-related dues. -
Royal Enfield electric bike update! Automaker waiting for right time to enter EV segment
Royal Enfield's parent firm Eicher Motors Managing Director Siddhartha Lal noted that the company is working on electric prototypes but does not plan to launch any product in the near future as it would wait for the market to develop for electric bikes. -
Public Provident Fund: Invest Rs 34 every day in PPF to get Rs 18 lakh, here’s how
Investment in PPF usually matures after 15 years of investing. At the end of 15 years, investors can decide if they want to withdraw the funds or can let the funds grow for a minimum tenure of five years. -
Tata Motors to gift Tata Altroz to Indian athletes who missed bronze at Tokyo Olympics
Tata Motors will deliver its most premium hatchback to thank and recognise these homegrown players for their sheer hard work and dedication. -
FB may have to sell GIF-maker Giphy on UK competition concerns
Britain might require Facebook to sell GIF website Giphy after the country's competition regulator said on Thursday its investigation found the deal between the two companies would hurt the display advertising market. -
Ola Electric scooter to launch on Aug 15: Check when and where to watch live event
Ola Electric opened the bookings of its electric scooter last month. So far, the electric vehicle maker has witnessed phenomenal responses from customers. -
Boeing 737 Max may be allowed to fly again in India soon
India is likely to allow the grounded-since-March-2019 Boeing 737 Max to fly again within the country in coming weeks. Billionaire investor Rakesh Jhunjhunwala-promoted Akasa airline is planning to have a B737 Max fleet. -
Retail inflation eases to 5.59% in July from 6.26% in June
Retail inflation based on consumer price index (CPI) eased to 5.59 per cent in the month of July as against 6.26 per cent in June, government data showed on Thursday. The inflation numbers remained within the Reserve Bank of India's (RBI) comfort level after two months. -
Retail inflation eases to 5.59% in July due to softening food rates
According to the data released by the National Statistical Office (NSO), inflation in the food basket slowed down to 3.96 per cent in July from 5.15 per cent in the previous month. -
Govt committed to revive economy, boost growth: Sitharaman
Finance minister Nirmala Sitharaman on Thursday said that the government is committed to revival of economy and will undertake necessary steps required to boost growth. "I thank the Indian industry for being level headed while facing the challenges during the first and second Covid wave," she said. -
June IIP rises 13.6% YoY due to low base effect
Cumulative industrial production growth in the first quarter (Apr-Jun) of the FY22 financial year stood at 45 percent, as compared to the 35.6 percent contraction in the first quarter of FY21. -
SpiceJet passengers can now book cabs during flights, check fare, booking process and other details
SpiceJet has initially rolled the service from August 12 for passengers arriving at the Delhi airport. The carrier is planning to expand the cab booking service to other major airports, including Mumbai, Bangalore, Hyderabad, Goa, Chennai, Kolkata, Ahmedabad and Pune in a phased-manner. -
Bank holidays August 2021: Banks to remain closed for 5 days from next week
Holidays of the mentioned days will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country. -
Dearness allowance of bank employees increased! Salary with DA hike will be credited from THIS month
The hike in the salaries of bank employees has come after the dearness allowance (DA) has been increased by 2.1% increase from 25.69% to 27.79%. -
MG Hector Shine 2021 launched in India: Check price, features, specs and more
The MG Hector Shine 2021 will also be backed by MG Shield which is a 5-5-5 offering, including five years of unlimited-kilometre warranty, five years of roadside assistance and five labour-free services. -
Dearness allowance of bank employed increased! Salary with DA hike will be credited from THIS month
The hike in the salaries of bank employees has come after the dearness allowance (DA) has been increased by 2.1% increase from 25.69% to 27.79%. -
From 1 October, RBI to fine banks if ATMs run out of cash
From 1 October, RBI to fine banks if ATMs run out of cash -
Elon Musk sells 6 Californian mansions, moves into tiny 37 sqmt house costing $50,000
As per reports in the media, Musk delivered on a vow to exit California, selling all physical possessions, including six Californian mansions. -
Sensex scales 318 points to finish at record high; Nifty ends at 16,364
Equity indices scaled fresh highs on Thursday with the benchmark BSE sensex rising over 300 points led by gains in realty, IT and banking stocks amid positive global cues. After scaling an intra-day high of 54,874, the 30-share BSE index jumped 318 points or 0.58 per cent to close at a new record peak of 54,844. -
Akasa ahoy: Boeing 737 Max may be allowed to fly again in India soon
India is likely to allow the grounded-since-March-2019 Boeing 737 Max to fly again within the country in coming weeks. Billionaire investor Rakesh Jhunjhunwala-promoted Akasa airline is planning to have a B737 Max fleet. -
National Pension Scheme alert! Aadhaar card now mandatory for receiving benefits under NPS
The Central government had launched the National Pension Scheme for traders and self-employed individuals with annual turnover not exceeding Rs 1.5 crore in September 2019 to provide them with an investment option, wherein they can save for their retirement. -
RBI buys record gold in H1CY21, reserves cross 700 tonnes
The central bank purchased a record 29 tonnes of gold, as part of its forex reserves, in the first half of calendar year 2021. This takes the RBI#39;s total gold reserves to 705.6 tonnes, as of June 30, 2021. -
Uneecops Business Solutions Expands its SAP Capabilities with Acquisition of SAP Business One division of Infinx- a leading SAP Partner
Uneecops Asia’s #1 SAP Business One partner augments, strengthens and deepens its foothold in SAP Business One with its recent acquisition. -
Passenger vehicle sales totalled 2.64 lakh units in July: Siam
Passenger vehicle sales totalled 2.64 lakh units in July: Siam -
India#39;s sugar exports touch 5.11 million tonnes so far this year: AISTA
About 2,02,521 tonnes of sugar is under loading. An additional 6,78,237 tonne of sugar is in transit for delivery to port-based refineries, it said. -
Gold Price Today, 12 August 2021: Gold still cheaper by over Rs 9,800 from record highs
So far in the year, gold prices have crashed by more than Rs 4,000 thus making the yellow metal still a lucrative instrument for investment. -
Passenger vehicle sales jump to 2.64 lakh in July: Siam
Passenger vehicles sales totalled 2.64 lakh units in July as compared to 1.82 lakh units in the same month of 2020 and 1.9 lakh in the year before, the Society of Indian Automobile Manufacturers (Siam) said on Thursday. -
Three Australian publishers accuse Facebook of unfairly taking their content
Three Australian publishers of lifestyle content say Facebook Inc used their articles on its just-launched news service after refusing to negotiate licensing deals, and that the country's tough new internet law has failed to protect them. -
Landing in Delhi on SpiceJet? Book your airport transfer cab mid-air
From today, SpiceJet passengers on flights to Delhi can book, mid-air, a cab for travel from the airport, by using their own mobile, laptop or tablet that has been logged into the airline’s in-flight entertainment platform. -
Lack of credit demand: How will banks find their mojo back?
Retail portfolios are seeing stress but overall asset quality deterioration has been far lower, compared to the first wave of COVID-19. But there is one thing missing. -
Explainer: How hackers stole $613 million in crypto tokens from Poly Network
Hackers pulled off the biggest ever cryptocurrency heist on Tuesday, stealing $613 million in digital coins from token-swapping platform Poly Network, only to return $260 million worth of tokens less than 24 hours later, the company said. Here's what we know so far about the heist. -
Sensex rises over 150 points in early trade; Nifty above 16,300
The 30-share index was trading 155.90 points or 0.29 per cent higher at 54,681.83, while the broader NSE Nifty advanced 42.90 points or 0.26 per cent to 16,325.15. -
Delhi Airport adjudged 'Best Airport' in India, Central Asia for 3rd consecutive year
The 'Skytrax World Airport' awards are considered to be the most significant accolade for the airport industry, voted by customers in the largest, annual global airport customer satisfaction survey. -
Scandal-weary Indian fund managers outperform foreign rivals
India’s years of corporate scandals have honed the stock-picking skills of the nation’s fund managers to a point where they can now consistently beat the choices of foreign peers and retail investors. -
ATM companies wary of RBI’s Rs 10,000 cash-out fine
There is a mixed reaction to the move by the Reserve Bank of India (RBI) to penalise banks Rs 10,000 for each instance of an ATM being out of cash for 10 hours. ATM operators (known in the industry as managed service providers, or MSPs) and cash-in-transit companies are throwing up their hands, stating that they will not bear the penalty. -
Govt to notify RoDTEP rates by Friday: Commerce secretary BVR Subrahmanyam
The secretary also exhorted India Inc not to sit on excess cash reserves but to raise investments to be able to take advantage of strong growth in India’s key export markets.
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