India’s forex kitty at $634.59 billion, gold reserves rise by $824 million
India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed.
India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed.
This stellar performance by nation’s largest life insurer exceeds the insurance industry’s growth of 14.41 per cent and the private life insurers’ growth rate of 14.55 per cent, the data showed.
Union Minister of Commerce & Industry, Piyush Goyal has said that the Product Linked Incentives (PLIs) and subsidies are detrimental to long-term growth and development of the clean energy sector.
The Adani Group on Friday raised about Rs 4,850 crore after selling 13.5 per cent of its stake in Adani Wilmar.
These startups have created over 1.6 million jobs across the country, demonstrating their role as significant employment generators.
The attrition rate in the IT-BPM sector in India is reaching gigantic proportions and up to 22 lakh IT professionals are likely to quit their jobs by 2025, a report has said.
The 30-stock S&P BSE Sensex surged 1,016.96 points or 1.80 per cent to 57,426.92 points against its previous day's close at 56,409.96 points. The Sensex started the day in the red at 56,240.15 points and slumped to a low of 56,147.23 points in the early morning trade.
There is a combination of issues that many countries in developing Asia are facing but we do see the Chinese government responding quite strongly to some of these headwinds through a combination of fiscal and monetary policy measures," said Safdar Parvez, advisor at the East Asia Department of the ADB, during a virtual media briefing.
Global handset market sales declined for a second consecutive quarter this year, falling 2 per cent (year-on-year) and 15 per cent (on-quarter) to $95.8 billion in the June quarter, while handset revenues as well as profits were largely driven by Apple.
Akasa Air, India's newest airline, has selected an Artificial Intelligence (AI)-powered product to make air travel affordable by leveraging accurate and real-time airfare data.
