Africa

Stock Markets closure: Indices ends sharply up, Sensex up over 1,500 points

Benchmark indices ended sharply up on Tuesday after falling sharply on Monday due to delivery-based buying by the FIIs and short covering in the F&O market, dealers said.

Aug 30, 2022

Centre's show-cause notices to manufactures/importers of weighing & measuring instruments

Keeping in view the unauthorised sale of weighing and measuring instruments on e-commerce sites, the Centre has issued show cause notices to the manufacturers and importers for seeking details of compliance.

Aug 30, 2022

Gautam Adani is first Asian to become world's third richest person [List of top 10 billionaires]

Gautam Adani was already Asia's richest man and now he is also the world's third richest person, overtaking LVMH chairman Bernard Arnault and becoming the first Asian person to take that spot, according to Bloomberg and its Billionaires index.

Aug 30, 2022

Noted Indian economist Abhijit Sen passes away at 72

Well-known economist and former member of the Planning Commission, Abhijit Sen, passed away late on Monday night following a heart attack. He was 72.

Aug 30, 2022

Musk begins fasting to stay healthy; did Dorsey influence Tesla CEO [details]

On the microblogging site, the Tesla CEO said: "On the advice of a good friend, I have been fasting periodically and feel healthier."

Aug 29, 2022

Sensex, Nifty fall on US interest rate fears along many Asian stock markets

Indians shares fell on Monday after Jerome Powell, Chairman of the US Federal Reserve, said it would continue to raise interest rates to tackle soaring prices.

Aug 29, 2022

Molotov cocktails lobbed into TN jail officer's residence; inmates suspected, jail cells raided [details]

A district headquarters town in the state of Tamil Nadu, Cuddalore is located 200 km to the south of the state capital Chennai.

Aug 28, 2022

Sequoia Capital India sells 17.2 crore Zomato shares; brings down stake to 4.4% [details]

Zomato said Sequoia Capital India sold some 6.7 crore shares in the September 6-October 14, 2021 period and 10.5 crore shares between June 27-August 25, 2022.

Aug 26, 2022

India Heals 2020 event: Ayush industry is fastest growing sector of Indian economy

Ayush Industry has grown by 6 times from $3 billion to $18 billion in the last seven years since 2014 and continues to be "one of the fastest growing" sectors of the Indian economy.

Aug 26, 2022

chief economic adviser (CEA) Krishnamurthy Subramanian

Govt appoints former Chief Economic Adviser K Subramanian as India's Executive Director at IMF

Subramanian, who is currently a Professor at the Indian School of Business, was the Chief Economic Adviser between 2018 and 2021.

Aug 26, 2022

RBI: Credit growth outpaced deposit growth of banks in June

Credit growth outpaced deposit growth for commercial banks in June, the Reserve Bank of India (RBI) said in its quarterly statistics on deposit and credit of commercial banks for June 2022 released on Thursday.

Aug 25, 2022

Affordable 5G services to be rolled out in India by Oct 12: Centre

The government on Thursday said it expects 5G services to be rolled out in the country by October 12, and the Centre will make sure that the prices are affordable for the consumers.

Aug 25, 2022

RBI lifts business curbs imposed on American Express Bank

The Reserve Bank of India (RBI) has lifted the business restrictions imposed on American Express Banking Corp due to the satisfactory compliance demonstrated by the entity to RBI rules, the central bank said in a release.

Aug 25, 2022