CATEGORIES

Air traffic registers 18% rise in Sept
Financial Express Mumbai

Air traffic registers 18% rise in Sept

12.24 mn tooka flight compared to 10.35 mna year ago

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1 min  |
October 13, 2023
US consumer prices rise on surge in rents
Financial Express Mumbai

US consumer prices rise on surge in rents

US CONSUMER PRICES rose in September as rental costs surged, but a steady moderation in underlying inflation pressures supported financial market expectations that the Federal Reserve would not raise interest rates next month.

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1 min  |
October 13, 2023
Cyprus becomes safe haven for people heading to, leaving Israel
Financial Express Mumbai

Cyprus becomes safe haven for people heading to, leaving Israel

MORE THAN 2,500 Israelis have sought sanctuary in Cyprus where the local Jewish community has come to their aid, the chief rabbi on the island said on Thursday.

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1 min  |
October 13, 2023
Financial Express Mumbai

'We are here', says Blinken, Netanyahu says, 'thank you'

ISRAEL SAID ON Thursday there would be no humanitarian exceptions to its siege of the Gaza Strip until all its hostages were freed, after the Red Cross pleaded for fuel to be allowed in to prevent overwhelmed hospitals from \"turning into morgues\".

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1 min  |
October 13, 2023
Das: US should rethink currency manipulator list
Financial Express Mumbai

Das: US should rethink currency manipulator list

THE US PRACTICE of putting emerging markets countries on a watch list as potential currency manipulators should be reviewed, Reserve Bank of India governor Shaktikanta Das said on Thursday, defending the need to buttress their economies from market swings.

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October 13, 2023
AIFs slammed for circumvention of regulations
Financial Express Mumbai

AIFs slammed for circumvention of regulations

Sebi has urged the industry to forma self-regulatory body

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1 min  |
October 13, 2023
Investors shift to gold as geopolitical tensions rise
Financial Express Mumbai

Investors shift to gold as geopolitical tensions rise

MCX spot silver continues to lag, and declined 2.49% in Oct. This is probably because silver is more volatile than gold

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2 mins  |
October 13, 2023
Financial Express Mumbai

Vivo remitted ₹1.07 trillion, violated visa rules: ED filing

MANY EMPLOYEES OF Chinese smartphone maker Vivo and its Indian affiliates concealed their employment when seeking visas, and some breached rules byvisiting Jammu and Kashmir, has Enforcement Directorate (ED) said.

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1 min  |
October 13, 2023
Byju's forms working group with founders, top investors
Financial Express Mumbai

Byju's forms working group with founders, top investors

BYJU'S HAS ESTABLISHED a working group comprising its founders and top six investors, including Prsus, Peak XV Partners(formerly Sequoia Capital), General Atlantic, Sofina and Chan Zuckerberg Initiative, according to people in the know.

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1 min  |
October 13, 2023
Infy headcount declines 5% in last 12 months
Financial Express Mumbai

Infy headcount declines 5% in last 12 months

THE NET HEADCOUNT at Infosys declined by 7,530 to 328,764 employees during the second quarter of FY24.This is the third time in a row the IT giant reported a decline in its total headcount during the quarterly results.

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1 min  |
October 13, 2023
HCLTech tops estimate to post ₹3,832-cr profit
Financial Express Mumbai

HCLTech tops estimate to post ₹3,832-cr profit

Lowers revenue guidance to 5-6%

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2 mins  |
October 13, 2023
FCI sells 2.37 MT of wheat in open market
Financial Express Mumbai

FCI sells 2.37 MT of wheat in open market

THE FOOD CORPORATION of India (FCI) has sold more than 2.37 million tonne (MT) of wheat from its stock in the open market through weekly e-auctions this fiscal so far thus curbing increase in retail prices, food ministry officials said.

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1 min  |
October 13, 2023
Licensing system for laptops, tablets to kick in from Nov 1
Financial Express Mumbai

Licensing system for laptops, tablets to kick in from Nov 1

AN ONLINE SYSTEM has been readied for implementing the new system of approvals for import of laptops, tablets and servers and this will kick in from next month, a senior official said Thursday.

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2 mins  |
October 13, 2023
Retail inflation drops to 5% as vegetable prices cool
Financial Express Mumbai

Retail inflation drops to 5% as vegetable prices cool

Core inflation drops to 42-month low of 4.5%

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3 mins  |
October 13, 2023
IIP rises to 14-month high of 10.3%
Financial Express Mumbai

IIP rises to 14-month high of 10.3%

INDIA'S FACTORY-OUTPUT growth based on the Index of Industrial Production (IIP) rose to a 14 month high of 10.3% in August, propelled by the statistical effect of a low base, robust manufacturing and a sharp rise in electricity output. The IIP had shrunk 0.7% year-on-year in August 2022.

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2 mins  |
October 13, 2023
Food inflation falls to 6.56% in Sept from 9.94% in Aug
Financial Express Mumbai

Food inflation falls to 6.56% in Sept from 9.94% in Aug

Cereals and spices prices still elevated, pulses firm up

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2 mins  |
October 13, 2023
IREDA IPO to be completed by March
Financial Express Mumbai

IREDA IPO to be completed by March

To dilute 25% stake; offer to consist of 10% stake sale by Centre 15% fresh equity offer

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2 mins  |
October 13, 2023
Wadia group set to deplane from Go First after 18 years
Financial Express Mumbai

Wadia group set to deplane from Go First after 18 years

AFTER ANNOUNCING TO the world that it would continue to steer Go First, the airline it set up in 2005, the Wadia group appears to have quietly deplaned.

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1 min  |
October 13, 2023
Financial Express Mumbai

Religare plans to approach Sebi, RBI with fresh valuation reports

THE BOARD OF financial services company, Religare Enterprises, plans to approach the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) with fresh valuation reports from two independent advisory firms, as it believes that the open offer price being offers by the Burmans of Dabur is below fair value.

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2 mins  |
October 13, 2023
No pay hike, promotion for Accenture India staff
Financial Express Mumbai

No pay hike, promotion for Accenture India staff

US-BASED IT MAJOR Accenture will not be paying out hikes to its employees in India and Sri Lanka this year, except where it is legally mandated and in few critical skill areas.

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2 mins  |
October 13, 2023
Licensing system for laptops, tablets to kick in from Nov 1
Financial Express Mumbai

Licensing system for laptops, tablets to kick in from Nov 1

AN ONLINE SYSTEM has been readied for implementing the new system of approvals for import of laptops, tablets and servers and this will kick in from next month, a senior official said Thursday.

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2 mins  |
October 13, 2023
Inflationary pressure warrants greater vigilance: Sitharaman
Financial Express Mumbai

Inflationary pressure warrants greater vigilance: Sitharaman

DOMESTIC CONSUMPTION AND investment demand will drive economic growth, but inflationary pressures may remain elevated warranting greater vigilance by the government and the Reserve Bank of India (RBI), finance minister Nirmala Sitharaman said on Thursday.

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2 mins  |
October 13, 2023
Infosys narrows revenue guidance for FY24 again
Financial Express Mumbai

Infosys narrows revenue guidance for FY24 again

Disappoints Street, ADRs plunge over 6% on NYSE

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2 mins  |
October 13, 2023
Behind hurdler’s handwritten tribute to senior: 'Taught me how to clear hurdles’
Financial Express Mumbai

Behind hurdler’s handwritten tribute to senior: 'Taught me how to clear hurdles’

WHEN JYOTHI YARRAJI, India’s bright young hurdler, stood on the podium after winning the silver medal at the recent Asian Games in Hangzhou, at the back of the bib, which she had unpinned and held in her hand, was a handwritten message of gratitude:“Gautham, this is foryou. We miss you”.

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2 mins  |
October 12, 2023
Adobe puts GenAl at centre of creativity, launches new Al tools
Financial Express Mumbai

Adobe puts GenAl at centre of creativity, launches new Al tools

Launches Firefly at its annual MAX event in Los Angeles

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2 mins  |
October 12, 2023
Indian ₹ among top Asian carry trade contenders
Financial Express Mumbai

Indian ₹ among top Asian carry trade contenders

THE INDIAN RUPEE is among Asia's top contenders for carry trades, even though the currency is trading near its record low, according to currency strategists.

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1 min  |
October 12, 2023
Financial Express Mumbai

No electricity in Gaza Strip as sole station runs out of fuel

Entry of food, water, fuel and medicine has been stopped

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1 min  |
October 12, 2023
Israel forms rare emergency govt
Financial Express Mumbai

Israel forms rare emergency govt

ISRAEL FORMED A rare emergency government with a key opposition member on Wednesday to see the country through its war with Hamas.

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1 min  |
October 12, 2023
BoB's growth plans may get stifled after RBI rap
Financial Express Mumbai

BoB's growth plans may get stifled after RBI rap

43% of FDs and RDs are opened via its app

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2 mins  |
October 12, 2023
September milestone: SIP contributions top ₹16,000 cr
Financial Express Mumbai

September milestone: SIP contributions top ₹16,000 cr

Inflows into open-ended schemes dipped to ₹14,091 crore, from ₹20,161 crore in August, owing to profit booking

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2 mins  |
October 12, 2023