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The BSE benchmark jumped 494.28 points or 0.67% to settle at a new closing peak of 74,742.50 on April 8. File. | Photo Credit: Reuters Benchmark equity indices ended marginally lower on April 9 amid profit-taking after the BSE Sensex breached the historic 75,000-mark for the first time ever in early trade and the Nifty…
Photo used for representation purpose only. | Photo Credit: Reuters Edtech firm Think and Learn, owner of Byju’s brand, has started paying March salaries to its employees after a delay of nine days and the payout process is expected to complete in next 10 days, according to sources. The company in a communication to employees…
Natco Pharma had said at the time that it was confident of addressing all the observations within the stipulated time and working with the U.S. FDA to close them at the earliest. | Photo Credit: Reuters The United States Food and Drug Administration (U.S. FDA) has issued a warning letter to Natco Pharma over quality…
Read More “U.S. FDA issues warning letter to Natco over facility near Hyderabad” »
Some carriers are trimming their schedules to cope with the lack of available planes. File | Photo Credit: Reuters The global airline industry is facing a summer squeeze, with travel demand expected to surpass pre-pandemic levels while aircraft deliveries have dropped due to production problems at Boeing and Airbus. Air carriers are spending billions on…
Read More “Airlines struggle with lack of planes as summer travel set to hit record levels” »
Five persons were booked after condoms, gutkha and stones were allegedly found in samosas supplied to a major automobile firm in Pune. Image for representation purposes only. | Photo Credit: Pixabay Five persons were booked after condoms, gutkha and stones were allegedly found in samosas supplied to a major automobile firm in Pimpri Chinchwad in…
Read More “Gutkha, stones and condoms found in samosas supplied to automobile firm” »
The BSE benchmark jumped 494.28 points or 0.67% to settle at a new closing peak of 74,742.50 on April 8, 2024. File | Photo Credit: Reuters Benchmark equity indices continued their record-breaking rally on April 9, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty…
RBI Governor Shaktikanta Das. | Photo Credit: ANI Reserve Bank Governor Shaktikanta Das on April 8 stressed the need for greater participation of Indian banks in rupee derivatives market, both domestically and offshore, while being prudent. The Governor noted that participation of domestic banks in derivative markets remains limited with only a small set of…
Read More “Governor Das for greater participation of banks in rupee derivatives in India, abroad” »
The report ascribed the dismal 2022-23 net financial savings numbers to weak income growth, coupled with robust consumption and growth in physical savings. Image for representation. | Photo Credit: Getty Images In what may be construed as a sign of rising financial distress, India’s household debt levels are reckoned to have touched an all-time high…
Read More “Households’ debt surged to fresh high by December 2023: report” »
Neat rows of vegetable and fruit plants in a portion of the 4.50-hectare agricultural land, a 3.3-KV solar power panel running pumps and other electrical appliances, slim polyethylene hoses for drip irrigation, and uniformly spaced trees form part of some innovative practices adopted by farmer Bhanwar Lal Meel at Lalasi village in Rajasthan’s Sikar district….
Image for representation only | Photo Credit: K.R. Deepak The first quarter of calendar 2024 saw early signs of recovery in tech hiring and a potential acceleration in industry growth is expected around the middle of the year, reported HR firms. The hiring outlook is positive as IT companies expect to regain their footing amid…