BUSINESS
RBI Survey Reveals Automobile Sector at the Forefront of India's Foreign Technical Collaborations
During the fiscal year 2022-2023, the motor vehicles sector recorded remarkable production growth, reaching 28.4%, surpassing the 24.3% growth registered by all FTC companies collectively.
Zydus Lifesciences acquires UK LiqMeds Group for 68 mn pounds
In a regulatory filing, Zydus Lifesciences said the acquisition will be by its UK subsidiary Zydus Pharmaceuticals UK Ltd.
Sitharaman meets US-India strategic partnership forum delegation, discusses investment climate
"Union Finance Minister Smt. @nsitharaman met with a delegation led by Mr. @JohnTChambers, Chairman, US-India Strategic Partnership Forum @USISPForum, comprising of business leaders and senior executives, in New Delhi, today.
Nifty declined by 2.8% in October
Going forward, US Fed policy outcome, which is due on Wednesday, would provide cues to the market.
India’s fiscal deficit at Rs 7.02 lakh crore for April-Sept this year
The fiscal deficit shows the amount by which the expenditure of the government exceeds its income with the gap being met through borrowings.
Ex-assistant of Bill Gates now world's 5th-richest person, close to overtaking him
Ballmer's fortune has increased by an estimated $29 billion this year to about $115 billion, trailing Gates -- who is in fourth position with $121 billion -- by only $6 billion, compared to $17 billion three months ago, reports Insider.
Modi, Sheikh Hasina to virtually inaugurate 3 India-assisted projects on Wed
The three projects are Akhaura-Agartala cross-border rail link; Khulna-Mongla Port rail line; and Unit II of the Maitree Super Thermal Power Plant.
Nifty encountering resistance at higher levels
Mid-session recovery did not last for long as another round of selling especially in banks dragged the index much lower to settle at 19,079.60 with a loss of 61.30 points.
Global gold demand plunges, India bucks trend with double digit growth
India, the world's second-largest gold-consuming nation next to China, bucked the trend to clock a double digit growth of 10 per cent in purchases of the yellow metal to 210.2 tonne in Q3 compared to 191.7 tonnes in the same period last year.
Liquor sale touches Rs 600 cr-mark during 4 days of Durga pooja festivities in Bengal
Monday was the first working day for the state government after a long Durga Puja vacation and the calculations drawn on the liquor sales in the state and the amount coming to the state exchequer in the form of state excise has made the officials of the state finance department quite elated.
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