India’s forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the overall reserves rose by $4.53 billion to $658.8 billion, the RBI
According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings. Kindly
Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages. IMAGE: Kindly note the image has
Export-led Indian IT sector is not directly hit by Trump’s tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may
Essential and strategic items such as pharmaceuticals, semiconductors, copper, and energy products like oil, gas, coal and LNG are exempted from the 27 per cent import duty announced by the US on Wednesday, according to think tank GTRI. Photograph: David
More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India’s stock market activity, according to a report by investment bank The Rainmaker Group. Walmart-owned Flipkart, financial technology
Industry players said the sharp sell-off in February forced many companies to put off their listing plans Source link
Hiring trends in India’s white-collar job market dipped marginally by 1.4 per cent in March compared to the same month last year, driven by a decline in recruitment in the retail, oil & gas, and education sectors, a report said
UPI topped Rs 24 trillion in value of transactions and Rs 19 billion in volume for the first time after becoming operational in April 2016. Kindly note the image has been posted only for representational purposes. Photograph: ANI Photo and
‘Each state is unique, but when it comes to finance, the fundamentals cannot be different.’ IMAGE: Finance Minister Nirmala Sitharaman at the launch of the NITI NCAER States Economic Forum portal developed by Niti Aayog at the Dr Ambedkar International
