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Business

US President Joe Biden (L) and First Lady Jill Biden

US Debt: Country could default as soon as June, says Treasury Dept

"Extraordinary measures" will need to be taken, Treasury Secretary Janet Yellen wrote in a letter to House Speaker Kevin McCarthy Jan 14, 2023
India's GDP

Indian industry leaders expect GDP to grow at 6.5% in FY24: Survey

About 60 per cent of the business leaders surveyed were of the view that Indian gross domestic product (GDP) will grow at 6.5 per cent during 2023-24, said Deloitte Touche Tohmatsu India LLP (DTTILLP) Jan 13, 2023
sensex

Domestic equity market recoups losses; Inflation in India and US drops for the second month

As of 1:25 PM, Sensex is trading at 60,295 points, up 337 points or 0.56%, while Nifty is trading close to 18,000 mark at 17,966 points and Nifty Bank is trading well above the 42,000 mark at 42,370 points. All three major indices turned green intra-day and recouped losses Jan 13, 2023
food, cupcakes, junk food

Iconic food outlet chain Subway heading for sale? WSJ report

The Connecticut-headquartered quick-service food chain is known for its signature submarine (sub) sandwiches and wraps Jan 13, 2023
sensex

Sensex slips below 60,000, Nifty hovers around 17,850; investors await inflation data from US and India

As of 1:00 PM, Sensex dropped 207 points or 0.35% to 59,897 points, whereas Nifty is trading down 60 points or 0.35% to 17,837 points and Nifty Bank lost 225 points or 0.5% to 42,007 points Jan 12, 2023
Union Budget

Hopes High on Budget 2023-24: Relaxed tax slabs, increased deductions, focus shifts to rural schemes and social security [details]

Since it's a politically and economically crucial year for the current government, the expectations are running high Jan 12, 2023
Piyush Goyal

Piyush Goyal rules out Trump-era 'mini' trade deal with US, concedes no FTA on offer from Biden either

Narendra Modi's blatant pitch for a second term for Trump at the 'Howdy Modi' event in 2019 put him at odds with Democrats, and India's position on Ukraine further later on. Jan 12, 2023
Sensex

Sensex, Nifty trade flat; sustained FII selling and hawkish Fed dampen mood on D-street

As of 12:45 PM, Sensex is trading at 60,118 points, up 4 points or 0.005%, while Nifty is trading down 11 points or 0.06% to 17,902 points and Bank Nifty is trading up 170 points or 0.4% to 42,187 points Jan 11, 2023
Relieved by GCMMF as MD, Sodhi says had resigned in morning

RS Sodhi, Amul's MD for 40 years, steps down; Jayan Mehta gets interim charge [details]

RS Sodhi said when he took over in 2010, Amul's turnover was Rs 8,000 crore, and now it has touched Rs 61,000 crore. Jan 10, 2023
Make in India campaign launch

'Make in India' TV shipments grow 33% to reach 5 million units; Dixon leads [details]

The India TV market grew exponentially in the festive season last year and 'Make in India' TV shipments grew 33 per cent (on-quarter) in the July-September period to reach 5 million units. Jan 10, 2023
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