Category: Business

Business

Insights From 14th Global Investment Immigration Summit

Posted on By admin

The 14th Global Investment Immigration Summit at the Shangri-la Hotel in Delhi The 14th Global Investment Immigration Summit at the Shangri-la Hotel in New Delhi on February 10, 2024 marked a significant milestone in India’s quest for international opportunities. The event witnessed a remarkable surge in attendees, indicative of the growing interest among Indian investors…

Read More “Insights From 14th Global Investment Immigration Summit” »

Business

India’s services sector growth eases in February on softer expansions in business activity, sales

Posted on By admin

New business from abroad placed with services firms in India rose for the thirteenth successive month. Filephoto | Photo Credit: The Hindu The services sector growth in India moderated in February amid softer expansions in business activity, sales and jobs, a monthly survey said on Tuesday, March 5, 2024. The seasonally adjusted HSBC India Services…

Read More “India’s services sector growth eases in February on softer expansions in business activity, sales” »

Business

Markets fall in early trade after four days of rally

Posted on By admin

File picture of the Bombay Stock Exchange building in Mumbai | Photo Credit: ANI Equity benchmark indices declined in early trade on Tuesday after rallying in the past four days amid weak trends from global markets and foreign fund outflows. After a record-breaking rally, the 30-share BSE Sensex declined 297.97 points to 73,574.32 due to…

Read More “Markets fall in early trade after four days of rally” »

Business

Rupee falls 2 paise to 82.92 against U.S. dollar in early trade

Posted on By admin

Image used for representational purpose. | Photo Credit: Reuters The rupee declined 2 paise to 82.92 against the U.S. dollar in early trade on March 5, tracking a stronger American currency against major overseas rivals and outflow of foreign funds from domestic capital markets. Though a downward trend in the crude oil prices cushioned the…

Read More “Rupee falls 2 paise to 82.92 against U.S. dollar in early trade” »

Business

Powergrid to raise ₹1,200 crore via bonds

Posted on By admin

Power Grid Corporation of India (Powergrid) on March 4 said its board has approved a proposal to raise up to ₹1,200 crore by issuing bonds. “The Committee of Directors for Bonds approved the raising of bonds as unsecured, non-convertible, non-cumulative, redeemable, taxable Powergrid bonds — LXXVI (76th) issue up to ₹1,200 crore,” the company said…

Read More “Powergrid to raise ₹1,200 crore via bonds” »

Business

Start-ups ask antitrust body to order Google to restore apps

Posted on By admin

A group representing Indian startups has asked the country’s antitrust watchdog to order Alphabet Inc’s Google to reinstate apps it removed for policy violations, a letter seen by Reuters shows, escalating a showdown with the U.S. giant in a key market. Google on Friday removed more than 100 Indian apps, including popular ones by Matrimony.com,…

Read More “Start-ups ask antitrust body to order Google to restore apps” »

Business

Union Ministers meet Google, app developers to resolve offloading from Play Store

Posted on By admin

Government ministers on March 4 held multiple meetings with Google and startups that have been delisted from the tech giant’s Play store, but no solution seems to be on the horizon with Indian companies accusing the U.S. giant of abusing its dominant position. In separate meetings with Minister of State for IT and Electronics Rajeev…

Read More “Union Ministers meet Google, app developers to resolve offloading from Play Store” »

Business

India’s wheat, rapeseed ravaged by rain just before harvesting

Posted on By admin

Farmers check their damaged wheat crop flattened by strong wind and rain at a village in Rohtak district on March 3, 2024. | Photo Credit: PTI Untimely rainfall and hailstorms have battered winter-sown crops, including wheat, rapeseed, and chickpeas, delaying harvesting, industry and government officials told Reuters. Adverse weather could limit growth in wheat production…

Read More “India’s wheat, rapeseed ravaged by rain just before harvesting” »

Business

IT Ministry’s AI ‘under-testing’ advisory only for big firms: Rajeev Chandrasekhar

Posted on By admin

Minister of State for IT and Communication Rajeev Chandrasekhar. File. | Photo Credit: PTI Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said that the IT Ministry’s advisory over the weekend that ‘under-testing’ A.I. applications must be approved by the government before general public availability was intended “only for large platforms and will…

Read More “IT Ministry’s AI ‘under-testing’ advisory only for big firms: Rajeev Chandrasekhar” »

Business