BUSINESS

India-Russia Bilateral Trade Sees Five-Fold Increase, Says Russian Deputy PM
Monika -
Co-chairing the 25th session of the India-Russia Intergovernmental Commission in New Delhi with EAM S. Jaishankar, Manturov further raised the issue of widening the interaction between Indian and Russian banks, underlining that at present already the share of settlements in national and alternative currencies has almost reached 90 per cent.
Property Purchase Time in India Drops to 26 Days, Ultra-Luxury Homes Selling Faster
Monika -
The ultra-luxury homes, which come priced above Rs 3 crore, saw the lowest conversion time - 15 days in H1 FY25. In the last fiscal (FY24), it was 22 days, reducing by a whole week according to data coming from realty analytics firm Anarock Group.
Vistara Operates Final Flights as Merger with Air India Takes Off on Tuesday
Kumar Manoj -
The Air India Group has said, in a statement, that Vistara flights will thereafter begin operating under the flight code 'AI2'.
LIC's New Premiums Jump 22.5% to Reach ₹1.33 Lakh Crore in Current Fiscal Year
Monika -
In the Individual Premium, LIC had garnered Rs 33,204.36 crore during the first seven months of FY25, which is up by 13.58% as against Rs 29,233.73 crore recorded during the same period last year. The Group Premium however increased much steeper at 25.79%, to Rs 97,947.05 crore from Rs 77,864.69 crore of the previous year.
Gold Prices Drop to Rs 77,000 per 10 Grams; Silver Falls Below Rs 91,000 per Kg
Anurima Das -
According to IBJA, 24-carat gold prices dropped to Rs 77,030 per 10 grams. 22-carat gold price stands at Rs 75,180 per 10 grams and 20-carat gold is available at Rs 68,550 per 10 grams.
India's Steel Exports Record Double-Digit Growth in October
Anurima Das -
The country's steel exports increased to 4.4 million tonnes in October, as compared to 4 lakh tonnes in September. Simultaneously, imports declined, which would help steel companies fetch better prices for their products in the third quarter, said a senior official.
EPFO Reports 7.6% Growth in Membership, Reaching 7.37 Crore
Siddhant Kumar -
This reflects the increase in employment and business establishments in the organized sector of the Indian economy, offering a better standard of living to the workers.
Deepinder Goyal Shares with Kapil Sharma the Story Behind Zomato's Name
Monika -
Deepinder recently appeared on the latest episode of the streaming sketch comedy show 'The Great Indian Kapil Show' with his wife Gia Goyal, along with businessman Narayana Murthy and his wife Sudha Murthy, who is the Rajya Sabha member.
PM Modi Expresses Deep Sense of Loss Over Ratan Tata's Absence Across Society
Anurima Das -
He remembered the late Ratan Tata who had breathed his last on 9 October. His absence, the prime minister said, is being sorely felt in every nook and corner of society-in cities and towns that are always agog with life and perhaps even in villages.
Trump Administration Could End EV Subsidies and Introduce More Industry Tariffs, Report
Siddhant Kumar -
Trump has been very pro-tariff and plans to use tariffs to offset corporate tax cuts, which will likely impact foreign trade, according to a report by Counterpoint Research.
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