Mumbai, Mar 9 (PTI) The country's current account deficit (CAD) is likely to widen to a 13-quarter high of USD 23.6 billion or 2.8 per cent of GDP in October-December 2021-22 due to higher commodity prices following the Russia-Ukraine conflict, India Ratings and Research (Ind-Ra) said in a report. The report said although the Omicron-led [...]
Equity mutual funds attracted a net sum of Rs 19,705 crore in February, making it the 12th consecutive monthly net inflow, amid a highly volatile stock market environment due to the current geopolitical situation. In comparison, equity mutual funds saw a net inflow of Rs 14,888 crore in January and Rs 25,077 crore in December, [...]
Money View's Mission: Provide access to world-class financial products to every Indian with a Smartphone BENGALURU, India, March 9, 2022 /PRNewswire/ -- Bengaluru headquartered fintech platform Money View has raised $75 million in their series D funding from Tiger Global, Winter Capital, Evolvence India, Accel along with other investors including South Park Commons, Trusted Insight [...]
New Delhi, Mar 9 (PTI) Venus Remedies on Wednesday said it has received the WHO Good Distribution Practices (GDP) certification from Societe Generale de Surveillance (SGS), the world's leading testing, inspection and certification company. The certification is an endorsement of the company's entire supply chain cycle, including distribution, operations and processes, the drug firm said [...]
SLUG: DIRECT EXCHANGE RATES SBI MARCH 9, 2022 MUMBAI, (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 76.15 77.65 76.09 77.82 GBP/INR 99.26 102.39 99.18 102.61 EUR/INR 82.47 85.31 82.41 [...]
New Delhi, Mar 9 (PTI) Japanese auto major Toyota's luxury car arm Lexus on Wednesday launched the all-new version of its NX 350h SUV in India with a price starting at Rs 64.9 lakh (ex-showroom).The company, which introduced the model in three trims -- priced at Rs 64.9 lakh, Rs 69.5 lakh and Rs 71.6 [...]
New Delhi, Mar 9 (PTI) The Union Cabinet on Wednesday approved a proposal to amend the Second Schedule to the MMDR Act to specify the royalty rates of certain minerals, including potash, emerald and platinum group of metals. The approval would ensure auction of mineral blocks in respect of glauconite, potash, emerald, platinum group of [...]
Indian Markets saw a positive start on Wednesday. The BSE Sensex opened at 53,793.99 points, while the Nifty 50 opened at 53793.99 points. Global markets struggled in the past few days according to developments around the Russia Ukraine Crisis. Axis Direct has given a buy call on the following stocks for positional trading: Bharat Electronics [...]
India – Business Wire India Dessange Salon and Spa, a high-end Parisian salon brand, announced the launch of their New Luxury Salon in Bandra. This one-of-a-kind premium salon for luxury services has an international presence in 45 countries, and in India has presence in New Delhi, Mumbai, Bangalore, and Hyderabad. Dessange partnered with Lifestyle Asia [...]
Mumbai, Mar 9 (PTI) Axis Mutual Fund has announced the launch of the Nifty Midcap 50 index fund and plans to mop up Rs 100 crore during the NFO period from the new open-ended scheme.The fund will open on March 10 and close on 21, the fund house said in a statement on Wednesday.The fund [...]
New Delhi, Mar 9 (PTI) The Union Cabinet on Wednesday approved creating a new company to hold and monetise surplus land and buildings of government agencies and PSUs that are being privatised or being shut down. The special purpose vehicle (SPV) called the National Land Monetisation Corporation (NLMC) will be set up as a wholly-owned [...]
New Delhi, Mar 9 (PTI) Crude oil prices rose by Rs 177 to Rs 9,615 per barrel on Wednesday as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 177 or 1.88 per cent at Rs 9,615 per barrel in 9,009 [...]
New Delhi, Mar 9 (PTI) Guar gum prices on Wednesday rose by Rs 183 to Rs 10,920 per five quintals in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for March delivery traded higher by 1.7 per cent or Rs 183 at Rs [...]
New Delhi, Mar 9 (PTI) Guar seed prices on Wednesday rose by Rs 55 to Rs 5,985 per 10 quintals in futures trade after speculators increased their positions driven by a firm trend at spot market. On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery increased by Rs 55 or 0.93 [...]
Mumbai, Mar 9 (PTI) Apparel retailers are set to witness a 25 per cent jump in their revenues during FY22 after a 40 per cent fall in FY21 on account of the pandemic, a rating agency said on Wednesday. On the profitability front, the operating margins will come at 5-7 per cent, which is higher [...]
Cryptocurrency is the new frontier of investment and innovation. This article will explore how cryptocurrency has impacted other industries, such as banking, trading, and accounting. The government is also looking into cryptocurrencies in order to create a digital currency that its own authority would regulate. The federal reserve has been researching blockchain technology for years [...]
Guwahati, Mar 9 (PTI) Nayanmoni Bharali of Assam’s Hojai started her venture of animal husbandry with just one cow six years ago and now sells 80-85 litres of milk daily, earning a revenue of Rs 10 lakh per year. She is among 6,800 women dairy farmers who have empowered themselves with animal farming and scripted [...]
Mumbai, Mar 9 (PTI) Bengaluru-headquartered online credit platform Money View has raised USD 75 million in Series-D funding from Tiger Global, Winter Capital, Evolvence India and Accel, along with other investors including South Park Commons, Trusted Insight and Dream Incubator. The latest funding values the start-up, co-founded by Puneet Agarwal and Sanjay Aggarwal, at USD [...]
• Features a refined and powerful Hybrid powertrain • The second-generation NX uses the Global Architecture–K or "GA-K" platform, which is an exceptionally rigid and modern platform designed for use in mid-size luxury vehicles.• Introduction of Lexus Interface – an all-new multimedia system with a 14-inch touchscreen display.• Touch sensor type steering wheel switches linked [...]
