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.
While 93 per cent of employees in India say they are productive at work, a whopping 91 per cent of leaders feel the shift to hybrid work has made it challenging to have confidence in employees being productive, a Microsoft study showed on Thursday.
To further the trade relationship between India and Myanmar around pulses, the industry body India Pulses and Grains Association (IPGA) has made a pitch for import and export between the two neighbouring countries in the Indian currency Rupee.
Fourteen Indian corporates raised Rs 35,456 crore through main board IPOs in the first half (April to September) of 2022-23, according to Prime Database.
IT major HCL on Thursday said it has acquired a majority stake in vernacular edtech platform GUVI -- one of the few companies in India to partner with Elon Musk's 'OpenAI' initiative -- for an undisclosed sum.
As against a projected sugar production of over 100 MT in the upcoming crushing season (2022-23), the state's own consumption is likely to remain at 40 MT, leaving a vast chunk of sugar to remain stored in the mills if the state fails to push its stock in the national market, sources said.
