FM Sitharaman Highlights Roles of Banking Sector in India’s Economic Growth
On Friday, the 75th annual meeting of the Indian Bank’s Association was held in Mumbai. The Union Finance Minister Nirmal Sitharaman was addressing and highlighted...
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India’s Forex Reserves Decline $2.23 Billion to $550.87 Billion
India’s foreign exchange reserves fell by $2.234 billion to $550.871 billion in the week ended September 9, the Reserve Bank of India (RBI) said on...
Mobikwik Appoints Mukul Saxena as CEO of Its Financial Services Platform Zaakpay
MobiKwik, a unicorn fintech company backed by Sequoia Capital, said on Friday that Mukul Saxena, a former employee of the IndusInd Bank, has been named...
Akasa Air occupied 53% of Seats in August, Accounting for 0.2% Market Share
In August 2022, the Domestic Air Traffic grew slightly by 3% to one crore passengers in contradiction to 97 lakh domestic passengers boarded planes in...
PM Narendra Modi Turns 72, President, Ministerial Colleagues Congratulates
Prime Minister Narendra Modi turned 72 on Saturday, and politicians and dignitaries sent him their best wishes. When the BJP launches a “Seva” (service) campaign,...
SBI and Union Bank of India Set to Raise Rs 5,500 Crore
State Bank of India (NSE -1.81%) (SBI) and Union Bank of India will raise a total of about Rs 5,500 crore in 15-year bonds locally,...
Adani Group to Invest Rs 20,000 Crore in Ambuja Cement
Through Endeavour Trade and Investment Ltd, the Adani group has successfully completed the acquisition of Ambuja Cements Ltd and ACC Ltd, which involved the acquisition...
Delta Air Lines Prepares its Refinery to Handle Biofuels
Delta Air Lines Inc (NYSE:DAL) intends to begin accepting shipments of renewable fuel feedstocks at its Trainer, Pennsylvania, refinery as part of a strategy that...
British Pound Records Lowest in 37 Years
On Friday, the British pound plunged to a 37-year low as new data revealed that consumers are cutting down on spending as inflation strains household...
US Equity Funds Witness Outflows for a Fourth Week
For a fourth straight week, US equity funds registered net outflows since the higher-than-expected reading of inflation increased the probability that Federal Reserve would continue...