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Author: businessreputationdata

Business Updates

Trade deficit climbs to 10-month high in August, exports down 6.86%

September 30, 2020By businessreputationdata

Exports sectors, which recorded negative growth in August, include tea, coffee, rice, spices, leather, gems and jewellery, textiles, and petroleum products. 15 of the 30 key sectors recorded positive growth in August.

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Business Updates

Uttarakhand govt signs MoUs worth Rs 20k crore in Ahmedabad ahead of Global Investors Summit

September 30, 2020By businessreputationdata

Uttarakhand CM Pushkar Singh Dhami participated in the roadshow organized in Ahmedabad for the Global Investors Summit to be held in Uttarakhand from December 8-9.

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Business Updates

Sun Pharma, Alembic recall drugs in US market

September 30, 2020By businessreputationdata

In June, Micron announced that it will set up a $2.75 billion assembly and testing plant in Gujarat, in what was the first marquee name to officially commit investment in India under the country’s $10 billion chip incentive scheme.

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Business Updates

Bitcoin drops to new two-month low as world markets sell off

September 27, 2020By businessreputationdata

Top cryptocurrency bitcoin hit a fresh two-month low on Friday, breaking out of its recent tight range as a wave of risk averse sentiment swept through world markets.

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Business Updates

As ATF prices surge, IndiGo introduces distance-based fuel charges of Rs 300-1,000 per sector

September 26, 2020By businessreputationdata

According to the airline, the fuel charge will be based on distance slabs and will vary between Rs 300 and Rs 1,000 per sector

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Business Updates

Indian economy’s domestic dynamics continue to be strong: FinMin report

September 26, 2020By businessreputationdata

Inflation data released on July 12 had shown that headline retail inflation rate increased to 4.81 per cent in June from 4.31 per cent in May primarily due to a sharp increase in food inflation to 4.49 per cent from 2.96 per cent.

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Business Updates

LIC shares jump 6% after insurance behemoth’s net profit jumps multifold

September 26, 2020By businessreputationdata

LIC’s shares opened higher at Rs 666 and soon climbed 5.8 per cent to hit an intraday high of Rs 679 on NSE.

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Business Updates

Finance Ministry suggests tighter cyber norms; closure of ‘mule’, inert bank accounts

September 26, 2020By businessreputationdata

At the meeting, it was discussed that ‘mule’ bank accounts, which are typically bought over by fraudsters from their original users should be closed, since they often form the bedrock of accounts into which money gathered through online scam is deposited.

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Business Updates

Fraud loan apps have a free run on social media platforms. Here’s how

September 25, 2020By businessreputationdata

Fake loans apps advertise freely on social media apps, presenting themselves as loan calculators or loan aggregators, or even a food recipe recorder

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Business Updates

India’s foreign trade crosses $800 billion mark in first six months of 2023: GTRI

September 24, 2020By businessreputationdata

According to a GTRI analysis, exports of goods and services rose by 1.5 per cent to $385.4 billion during January-June this year, as against $379.5 billion in January-June 2022.

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