BUSINESS
RBI Forecasts India's GDP Growth Exceeding 7 Percent
The bulletin underscores the favorable conditions paving the way for a sustained upward trajectory in India's real GDP growth. This optimistic outlook is underpinned by robust investment demand and a buoyant atmosphere among businesses and consumers alike.
India Requests Information from Singapore, Hong Kong Food Regulators Regarding MDH, Everest Masala Ban
The Ministry of Commerce has taken proactive steps by directing Indian embassies in Singapore and Hong Kong to compile comprehensive reports on the matter. Additionally, the ministry has reached out to the respective Indian companies, MDH and Everest, urging them to furnish detailed information regarding the alleged presence of the pesticide 'ethylene oxide' exceeding permissible limits in their products.
Ramdev and Balkrishna Offer Unreserved Apology for Missteps to Supreme Court
During the hearing presided over by Justices Hima Kohli and Ahsanuddin Amanullah, their legal representative was directed to furnish the apology published in newspapers within a span of two days.
Unlocking Entrepreneurial Success: Narayana Murthy's Insights on Speed and Competitive Edge
According to Murthy, anyone can embody the entrepreneurial spirit by fostering a mindset geared towards efficiency and innovation. He emphasized the significance of continuously striving to enhance processes, reduce costs, and deliver superior outcomes. Murthy's message resonated with the audience as he underscored that in essence, we all possess the potential to be entrepreneurs.
India's Q1 Sees Surge in VC Investments and Deals Amid Global Downturn: Report
The fintech sector continued to draw considerable interest, although with smaller investments per deal, as highlighted in the KPMG Private Enterprise Venture Pulse report.
Government to Auction Rs 32,000 Crore in Bonds on April 26
The auction will feature two tranches: the first is a Rs 20,000 crore issuance of "7.1 per cent Government Security 2034", and the second is a Rs 12,000 crore issuance of "7.46 per cent Government Security 2073".
Reliance Industries Hits Historic Rs 1 Lakh Crore Milestone in Pre-Tax Profits
In its latest financial disclosure to the stock exchange, the diversified conglomerate reported a consolidated net profit of Rs 18,951 crore, or Rs 28.01 per share, for the quarter ending March 2024. This is slightly down from Rs 19,299 crore, or Rs 28.52 per share, in the same period the previous year.
India's Potential: Sustainable 7% Growth Within Reach, Asserts RBI MPC Representative Shashanka Bhide
For the fiscal year 2023-24, the economy is poised to grow at nearly 8 percent, driven by robust performances in the manufacturing and infrastructure sectors.
Prime Brokerage vs Prime of Primes: Extending Your Brokerage Possibilities
This creates unfair opportunities for newly established brokers and small trade operators. This is where prime of prime liquidity provider become necessary, offering tier-2 businesses with means to operate and offer competitive brokerage services.
Crypto Payments: A Strategic Move for Business Growth
The crypto sphere is developing continually, presenting a myriad of opportunities for businesses to enhance revenue streams and tap into international markets with ease like never before.
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