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Category: Business Updates

Business Updates

India will remain fastest-growing major economy in FY24: Finance Ministry report

October 12, 2021By businessreputationdata

“Fraught geopolitical conditions can cause a general increase in global risk aversion. If these risks worsen and are sustained, they can affect economic activity in other countries, including India,” the Finance Ministry said in its monthly report.

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Business Updates

SoftBank considering US listing for its PayPay business: Report

October 11, 2021By businessreputationdata

Nearly two dozen central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of the decade, the Bank for International Settlements (BIS) found in a survey, published on Monday.

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Business Updates

Indian bourses now fourth-largest with combined stock value of $4.33 trillion, surpasses Hong Kong

October 10, 2021By businessreputationdata

The US, China and Japan are the top stock markets in the world. BSE’s market capitalisation was Rs 366 lakh crore on Tuesday.

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Business Updates

WeWork bankruptcy: India business will not be impacted in any manner, says WeWork India CEO Karan Virwani

October 7, 2021By businessreputationdata

WeWork India has 50 centres, comprising around 90,000 desks, across seven cities.

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Business Updates

Education inflation is twice the inflation rate – Tips to invest for children’s education

October 5, 2021By businessreputationdata

A recent report by BankBazaar notes that over the last decade, while consumer price inflation (CPI) has been around 6%, the rate of inflation in education has been significantly higher, at around 11-12 per cent.

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Business Updates

Indian oil firms want their $600 million stuck in Russia to be used for payments to Moscow

October 5, 2021By businessreputationdata

Russia is currently India’s biggest source of crude oil. In July alone, India’s Russian oil imports were valued at $3.37 billion, as per data from the Directorate General of Commercial Intelligence and Statistics.

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Business Updates

Five resolutions you must follow to raise your credit score in 2024

October 3, 2021By businessreputationdata

When it comes to credit-building, a disciplined approach in repayments and credit-consumption can go a long way, says Adhil Shetty, the CEO of BankBazaar.com.

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Business Updates

Record PV, 3W retail sales aid overall auto sector to post 9% growth in April-September period: FADA

October 2, 2021By businessreputationdata

Overall registrations in the April-September period this fiscal rose to 1.10 crore units (1,10,79,116 units) as compared with 1.01 crore units (1,01,79,072 units) in the same period of the 2022-23 fiscal.

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Business Updates

Gold demand loses lustre in peak festive season as prices rally

October 2, 2021By businessreputationdata

Gold prices near record highs could dampen demand in India during the peak festival season and lead to the lowest purchase volumes in three years, the World Gold Council (WGC) said on Tuesday.

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Business Updates

Sensex tops 73,000 for first time, Nifty also closes at new high

October 1, 2021By businessreputationdata

The National Stock Exchange (NSE) companies that gained the most included Wipro Ltd, Oil & Natural Gas Corporation Ltd (ONGC), HCL Technologies, Infosys Ltd and HDFC Bank.

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