Indian economy likely to grow 6.5-6.7% in FY24: new CII president R Dinesh

Chandni S. Chandel June 1, 2023

Leading industry body Confederation of Indian Industry (CII) said India’s economy is expected to grow in the range of 6.5-6.7 per cent in the current financial year supported by strong domestic drivers and robust capex momentum of the government. India’s Gross Domestic Product (GDP) grew by 6.1 per cent in the March quarter of 2022-23, […]Continue Reading

US entrepreneur Elizabeth Holmes begins 11-yr jail term for fraud

Chandni S. Chandel May 30, 2023

Fallen US biotech star, Elizabeth Holmes, will begin her 11-year sentence for defrauding investors with her Silicon Valley startup firm Theranos.  Holmes had founded Theranos in 2003 at the age of 19. The company was once valued at $9 billion, and Forbes magazine estimated her net worth at $4.5 billion in 2015. According to BBC, the entrepreneur […]Continue Reading

Germany, world’s 4th largest economy, enters recession

Chandni S. Chandel May 25, 2023

The euro dropped on Thursday as Europe’s largest economy Germany was confirmed to be in a recession, while the dollar hit a two-month peak. The German economy was in recession in early 2023 after households spending in Europe’s economic engine finally succumbed to the pressure of high inflation. GDP (Gross domestic product) fell by 0.3% […]Continue Reading

Honda to hike prices of Amaze, City from June

Chandni S. Chandel May 24, 2023

Honda Cars India on Wednesday said it will hike prices of its sedans, City and Amaze, by up to 1 per cent from June in order to offset the impact of increased cost pressures. “While our endeavour is to partially offset the increase, it has become imperative to pass on some of the impact. We […]Continue Reading

IPO listing time may be cut from 6 days to 3 days

Chandni S. Chandel May 20, 2023

The capital markets regulator Sebi has put forth a proposal to shorten the listing timeline for shares on stock exchanges following the closure of initial public offerings (IPOs). The current listing period of six days would be reduced to just three days, a move that is expected to benefit both issuers and investors. To gather […]Continue Reading

RBI withdraws Rs 2,000 notes from circulation

Chandni S. Chandel May 19, 2023

In a surprise move, the Reserve Bank on Friday announced withdrawal of Rs 2,000 currency notes from circulation. People have been given time till September 30 to either deposit such notes in accounts or exchange them at banks. The move comes amid concerns of the highest denomination notes being used to hoard black money. The RBI had […]Continue Reading

Elon Musk’s Tesla team to visit India soon: Report

Chandni S. Chandel May 16, 2023

A group of senior Elon Musk–owned Tesla Inc executives might visit India in a few days to meet with government officials. The company seems to be in a mood to diversify beyond China. According to news reports, the executives are scheduled to meet officials from the Prime Minister Office to discuss local sourcing of components […]Continue Reading

Investment in solar energy sector – making hay while sun shines

Pradeep Rana April 29, 2023

Award of Mini Ratna to SECI underscores India’s commitment to replace pollution-causing fossil fuel with alternate, clean energy sources as world races against time to tame, if not stop, the climate change. Solar Energy Corporation of India, or SECI in short, is committed to achieving the target of 500 GW of non-fossil fuel based capacity […]Continue Reading

TAC Security में शामिल हुए पूर्व अमेरिकी सेना ब्रिगेडियर जनरल राफेल वॉरेन और CISO शिव सुब्रमण्यन

Radha Mohan April 24, 2023

त्रिशनित अरोड़ा के नेतृत्व वाली सायबर सिक्योरिटी कंपनी टैक सिक्योरिटी लगातार अपना विस्तार कर रही है। अब कंपनी को दो और दिग्गजों का साथ मिल गया है। पूर्व अमेरिकी सेना ब्रिगेडियर जनरल राफेल वॉरेन और डॉ. शिवा शिवसुब्रमण्यम को टैक सिक्योरिटी ने अपने बोर्ड में नियुक्त किया है। इस नियुक्ति को लेकर कंपनी ने कहा […]Continue Reading