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Category: Business Updates

Business Updates

Aluminium rail coaches: Hindalco ropes in Italian firm Metra for extrusion tech

October 31, 2022By businessreputationdata

The Aditya Birla group company in a statement said the partnership is aimed at sharing extrusion and fabrication technology for building high-speed aluminium rail coaches.

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Business Updates

Go First to challenge high court order on inspection of planes by lessors

October 31, 2022By businessreputationdata

Urban demand conditions remain resilient, with higher growth in auto sales, fuel consumption and UPI transactions, the ministry said.

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Business Updates

Current account deficit narrows to 1% of GDP in Q2 on smaller merchandise trade deficit

October 29, 2022By businessreputationdata

Current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country’s external sector.

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Business Updates

Govt tables data protection Bill, exemptions for Centre unchanged

October 28, 2022By businessreputationdata

The final version of the Bill, tabled in Lok Sabha by IT Minister Ashwini Vaishnaw, has retained the contents of the original version of the legislation proposed last November, including those that were red flagged by privacy experts.

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Business Updates

SBI hikes MCLR by 5-10 basis points across different tenors, other lenders likely to follow

October 28, 2022By businessreputationdata

The hikes in MCLR by the lender come even as the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 per cent in its monetary policy announced on December 8. This move is likely to be followed by other lenders, resulting in costlier loans for borrowers.

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Business Updates

India explores building liquefaction units in Iraq to convert flared gas into LNG

October 27, 2022By businessreputationdata

The issue was raised by Delhi’s Finance Minister Atishi in the meeting with support from Punjab’s Finance Minister Harpal Singh Cheema.

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Business Updates

5 bad money habits and how to break them

October 27, 2022By businessreputationdata

If you’re not careful with how you manage your money, these harmful money habits can destabilise you financially.

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Business Updates

Luxurious Living Redefined: Mеrlin Group announces the launch of Mеrlin Vеntana in Banеr, Punе

October 25, 2022By businessreputationdata

Nestled in the heart of thе vibrant Banеr neighbourhood in Punе, Mеrlin Vеntana’s prime location ensures seamless connectivity and accessibility to hospitals, educational institutes, major employment hubs, malls, and entertainment hubs.

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Business Updates

How two choke points could turn into a perfect storm for global trade

October 24, 2022By businessreputationdata

This is troubling, as the European Union is one of India’s second-largest export destinations. Slowing demand from the region has impacted India’s labour-intensive sectors, such as textiles, gems and jewellery exports.

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Business Updates

ICICI Bank profit rises 40% to Rs 9,648 cr on higher NII

October 24, 2022By businessreputationdata

Responding to media persons, the Union Minister for Power and New and Renewable Energy, R K Singh, said fossil fuel was one key sticking point among other issues on which consensus could not be reached.

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