Tuesday, Nov 29, 2022
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Economy

Railway

VK Tripathi, Chairman Railway Board Likely To Get An Extension: Report

The buzz of VK Tripathi likely to get an extension has already created hype among the railway bureaucracy, as per a report.

29 November 2022

Mahindra Manulife Mutual Fund Launches Small Cap Fund. Should You Invest in it?

Mahindra Manulife Small Cap Fund (MMSCF), rolled out by Mahindra Manulife Mutual Fund, is one of the new small-cap funds. This scheme opened for subscription on November 21, 2022, and will close on December 5, 2022.


Nifty

Number Of Passive Funds Tracking Nifty Indices Crosses 200

The total AUM (asset under management) of equity and debt passive funds tracking Nifty indices is Rs 4.35 lakh crore.


Nirmala Sitharaman at pre-budget 2023 consultation

Union Budget 2023-24: Finance Minister Nirmala Sitharaman Concludes Pre-Budget Meetings 

Union Budget 2023-24: Ministry of Finance held these pre-budget consultations from November 21 to 28, 2022. In this, more than 110 invitees representing seven stakeholder groups participated.

29 November 2022

Ashok Sonthalia, CFO, Titan Company Limited

Titan Aspires For About 30% Growth This Fiscal, Says CFO Ashok Sonthalia 

In an exclusive conversation with Outlook Business, Titan’s Chief Financial Officer (CFO) Designate Ashok Sonthalia talks about the company's growth trajectory, the global economic downturn and expectations from Union...


Inflation

Europe's Inflation Likely Hasn't Peaked, Says ECB's Lagarde

ECB President Christine Lagarde also told European lawmakers that the bank isn't through raising interest rates to combat those price spikes.

29 November 2022

Rupee vs Dollar

Rupee Gains 8 Paise To 81.60 Against US Dollar

Rupee vs Dollar: In the previous session on Monday, the rupee rose 3 paise to end at 81.68 against the dollar.

29 November 2022

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rupee vs dollar, indian rupee

Rupee Slips 6 Paise To 81.77 Against US Dollar

Rupee vs Dollar: In the previous session on Friday, the rupee weakened by just one paisa to end at 81.71 against the dollar.

28 November 2022

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28 November 2022
Ahead Of The Union Budget 2023, Centre Expects To Meet Fiscal Deficit Target: Report 

Ahead Of The Union Budget 2023, Centre Expects To Meet Fiscal Deficit Target: Report 

Union Budget 2023-24: According to the report, the Centre had pegged its FY23 fiscal deficit target at 6.4 per cent of the Gross Domestic Product (GDP).


28 November 2022
IDBI Bank To Continue As 'Indian Private Sector Bank' Post Strategic Sale

IDBI Bank To Continue As 'Indian Private Sector Bank' Post Strategic Sale

The government had on October 7 invited bids for privatising IDBI Bank and said that it together with LIC will sell a total of 60.72 per cent stake in the...


28 November 2022
Govt Allows Indian Carriers To Wet Lease Wide-Body Planes For Up To 1 Year

Govt Allows Indian Carriers To Wet Lease Wide-Body Planes For Up To 1 Year

Last month, aviation regulator DGCA permitted IndiGo to wet lease wide-body Boeing planes from Turkish Airlines for up to six months.


27 November 2022
Responsible Travel Vital For Sustainable Tourism

Responsible Travel Vital For Sustainable Tourism

Sustainable tourism provides benefits for both tourists and local populations. Thus, an increasing number of people is altering their perspective on travel.


27 November 2022
NPC Conference To Deliberate On ESG For Industry Transformation

NPC Conference To Deliberate On ESG For Industry Transformation

With ESG compliance reporting getting attention like never before, a ‘National Conference on ESG for Industry Transformation: Environmental – Social –...


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27 November 2022
CII Urges RBI To Moderate Pace Of Interest Rates Hikes

CII Urges RBI To Moderate Pace Of Interest Rates Hikes

CII's analysis of results of 2,000-odd companies in the second quarter (July-September 2022) shows that both the top-line and bottom-line has moderated on...


27 November 2022
Godrej Properties Hopes To Launch Rs 8,000 Crore Housing Project In Delhi By March

Godrej Properties Hopes To Launch Rs 8,000 Crore Housing Project In Delhi By March

The total development potential of the Ashok Vihar project would be around 4 million square feet and the company is eyeing sales of Rs 8,000 crore, said...


27 November 2022
Gold Imports Fall 17% In April-October To $24 Billion

Gold Imports Fall 17% In April-October To $24 Billion

Gold: Imports of the yellow metal stood at USD 29 billion in the corresponding period of 2021-22.


27 November 2022
FPIs Flock To Indian Market; Buy Shares Worth Rs 31,630 Crore In November

FPIs Flock To Indian Market; Buy Shares Worth Rs 31,630 Crore In November

According to data available with the depositories, FPIs invested a net sum of Rs 31,630 crore in equities during November 1-25.


27 November 2022
Centre To Introduce New Company Registration System Next Month: Report

Centre To Introduce New Company Registration System Next Month: Report

Once the new system of company registration gets introduced, the current forms (old ones) are likely to remain suspended for almost a fortnight.


27 November 2022
Adani Group Seeks To Expand Power Distribution In Mumbai With Rs 5,700 Crore Bet

Adani Group Seeks To Expand Power Distribution In Mumbai With Rs 5,700 Crore Bet

Adani Group will build the entire power network ground-up to compete with state-owned Maharashtra Electricity Distribution Company (MSEDCL) in the newer areas...


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27 November 2022
Gainwell Group To Take Management Control Of TIL Ltd

Gainwell Group To Take Management Control Of TIL Ltd

The company informed the bourses about increasing its authorised capital and issuing preference capital worth Rs 69.29 crore.


24 November 2022
Hindu Women Vendors In Pakistan’s Karachi Struggle To Make Ends Meet

Hindu Women Vendors In Pakistan’s Karachi Struggle To Make Ends Meet

Pakistan: Hindu women have kept Karachi thriving as this informal sector accounts for up to 40 per cent of the city’s economy and 72 per cent of urban...


24 November 2022
Centre To Release New Rules For Social Media Influencers Next Month: Report

Centre To Release New Rules For Social Media Influencers Next Month: Report

There is a chance that social media influencers may face a fine around Rs 10 lakh, if they fail to disclose their brand associations.


24 November 2022
Tata Consumer Will Now Acquire Bisleri: Report

Tata Consumer Will Now Acquire Bisleri: Report

A deal that is estimated to cost Tata Consumer about Rs 6,000-7,000 crore, will make the company new owners of India’s largest packaged water company. 


24 November 2022
Fed's Last Meeting Observed Few Signs Of Inflation Easing

Fed's Last Meeting Observed Few Signs Of Inflation Easing

At that meeting, the Fed officials also expressed uncertainty about how long it might take for their rate hikes to slow the economy enough to tame inflation. 


23 November 2022
Reliance And Adani Set To Compete At Lanco Amarkantak Power Auction: Report

Reliance And Adani Set To Compete At Lanco Amarkantak Power Auction: Report

The Reliance vs Adani competition for Lanco unit auction is the possibly the first time that the country’s biggest corporate houses will pit against each...


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