Around 81 per cent of people surveyed have faced issues around fee refund, trust, transparency and others from edtech platforms, according to online survey platform LocalCircles. The survey conducted between February 16 and June 15, 2023, found that 32 per cent of users have faced issues with BYJU'S, 10 per cent each with Unacademy and [...]
Pakistan's Parliament on Sunday approved the Rs 14.48 trillion budget for 2023-24 after new taxes were added to it as dictated by the IMF as a condition to release the remaining portion of an already agreed bailout package for the cash-strapped country. The budget aiming to achieve 3.5 per cent GDP growth was unveiled on [...]
Union Road Transport and Highways Minister Nitin Gadkari has said new vehicles will be introduced that run entirely on ethanol. Speaking at an event in Nagpur on Sunday, the minister recalled that he recently met the chairman of Mercedes Benz company which launched an electric vehicle. "He (the chairman) told me they would make electric [...]
Equity benchmark indices gained in early trade on Monday after falling in the previous two trading sessions, amid buying in index heavyweights ITC, ICICI Bank and Infosys. The 30-share BSE Sensex climbed 91.03 points to 63,070.40 points in early trade. The NSE Nifty advanced 39.30 points to 18,704.80 points. From the Sensex pack, ITC, Hindustan [...]
S&P Global Ratings on Monday retained India's GDP growth forecast at 6 per cent saying it will be the fastest growing economy among Asia Pacific nations. The GDP growth forecast for the current and the next fiscal has been kept unchanged from the forecast made in March partly on account of domestic resilience. "We see [...]
FMCG major Emami Limited on Thursday posted a 60 per cent drop in consolidated net profit to Rs 142 crore for the quarter that ended March 2023, on muted demand. The company posted a consolidated net profit of Rs 354 crore in the corresponding period of FY22. Revenue from operations during the quarter was up [...]
Equity benchmark indices bounced back from intra-day lows to settle in the positive territory on Thursday helped by fag-end buying. In a volatile trade amid the monthly derivaives expiry, the 30-share BSE Sensex climbed 98.84 points or 0.16 per cent to settle at 61,872.62. During the day, it hit a high of 61,934.01 and a [...]
Discount brokerage firm 5paisa Capital on Thursday said it has appointed former Google executive Narayan Gangadhar as Chief Executive Officer with immediate effect. Gangadhar has over two decades of experience, mostly with global technology companies like Google, Uber and Amazon. He is a Bachelor of Engineering from Mumbai University and a Master in Computer Science [...]
S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve. "Indian banks' earnings will likely remain healthy. The sector has improved substantially in the past seven years, from a period when many public-sector lenders were grappling with bad loans," S&P Global Ratings [...]
A Delhi consumer forum has directed the SBI Cards & Payments Services Pvt. Ltd. to pay Rs 2 lakh to a person here for sending him bill even after his card's expiry and blacklisting him for non-payment of the charges. The New Delhi District Consumer Disputes Redressal Forum comprising its president Monika A Srivastava and [...]
