BUSINESS
Finance Ministry Banks on Declining Oil Prices to Curb Inflation
India's retail inflation in October hit a four-month low, reaching 4.87%, inching closer to the RBI's targeted rate of 4%.
Mukesh Ambani Unveils Plans for Rs 20,000 Crore Investment in Bengal Over Next 3 Years
Addressing the inaugural session of the seventh edition of the Bengal Global Business Summit, Ambani outlined the sectors earmarked for this investment, emphasizing the infusion of funds into education, healthcare, and non-conventional energy.
Metal and Realty Stocks Shine as Nifty Ends on a Positive Note
Vaibhav Vidwani, a Research Analyst at Bonanza Portfolio, highlighted the outperformance of sectors like Nifty Metal, Nifty Realty, and Nifty Pharma, exhibiting gains of 1.22%, 1.13%, and 1.03%, respectively.
Kiwi, Fintech Startup, Secures $13 Million Funding Round Led by Omidyar Network India
Established in November 2022, Kiwi highlighted that this infusion of funds will serve as a catalyst for further amplifying its 'credit cards on UPI' offerings within India's financial landscape.
Rupee Struggles to Recover Despite Decline in US Dollar
Surprisingly, the rupee didn't witness the anticipated gains, which traders attributed to increased dollar purchases by importers, particularly oil companies, aiming to hedge their positions amidst the favorable low dollar price.
ED Files Charge Sheet Against Amway, Alleging Generation of Over Rs 4,000 Crores in Proceeds of Crime
This chargesheet, filed under the Prevention of Money Laundering Act (PMLA), 2002, was presented in a Special Court (PMLA) in Hyderabad, and the court officially acknowledged it on Monday.
Six Crypto Startups Secure $2.1 Billion in Funding This Year, Marking an 80% Drop from 2022
The challenges faced by crypto startups in securing fresh capital are evident despite the market's notable recovery from the crypto winter of 2022.
Primary market splurge - Five issues on offer, choose wisely
The week ended with BSESENSEX gaining 890.05 points or 1.37 per cent to close at 65,794.73 points, while NIFTY gained 306.45 points or 1.58 per cent to close at 19,731.80 points.
November Report Reveals Crypto Losses Surpass $173 Million
CertiK reported that this month's losses rank as the fourth-highest in 2023, largely due to these incidents, making up 91% of the total losses.
Apple 24‑inch iMac with M3 chip a huge leap in performance for all tasks
From editing films and documentaries to making sense of sensitive medical data at a hospital, from a working professional at a design startup to educational needs or seamless video conferencing, the new 24-inch iMac makes the machine even more powerful and more capable.
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