NEW DELHI: in four trading sessions, investor wealth It was up Rs 8.22 lakh crore as markets continued their rally with benchmark indices posting lifetime highs on Monday. The benchmark BSE sensex index closed 380.21 points higher at its all-time closing high of 47,353.75 on Monday. The index also climbed …
Read More »Do not fly with Chinese nationals, the Center informally informs airlines
NEW DELHI: In a strong push for retaliation, India informally asked all airlines not to fly Chinese citizens Within the country. This comes after China’s not-so-subtle move to stop Indians to fly home, something that has only hardened since November. While flights between India and China are currently suspended, Chinese …
Read More »India will become the fifth largest economy in 2025, the third largest in 2030
NEW DELHI: India, which appears to have returned to being the world’s sixth-largest economy in 2020, will once again overtake the UK to become the fifth-largest in 2025 and rush to third place in 2030, an expert group said Saturday. India had overtaken the UK in 2019 to become the …
Read More »India should now aggressively pursue FTAs with the EU and UK: trade experts
NEW DELHI: With the European Union and the United Kingdom striking a post-Brexit trade pact, India should now aggressively pursue free trade agreements (TLC) separately with both regions, according to experts. Although it is premature to assess the gains for India from the agreement between the European Union (EU) and …
Read More »Migrants to key goods, how the railways faced the challenge of the blockade
NEW DELHI: Just days after the government declared full lock in March suspending air, land and rail transport operations due to the pandemic, Indian railways got a unique task to transport a batch of swab samples from Delhi to Indore for testing in a laboratory within a set time frame. …
Read More »2020: a glimpse into life without trains as railways battled odds to keep India’s lifeline running
NEW DELHI: The year 2020 showed India a glimpse of what life would be like without trains. As the coronavirus shutdown was announced on March 24, the Railways closed all its services for the first time in its 167-year history. People stranded across the country, who generally looked to the …
Read More »Mrs. Bectors Food Specialties has flown away; shares close with a premium of 107%
NEW DELHI: Shares of Ms. Bectors Food Specialties Thursday made a remarkable market debut and it closed at a premium of 107 percent to its issue price of Rs 288. The stock opened at Rs 501, reflecting a 73.95 percent jump from the issue price on the BSE. During the …
Read More »Flipkart bets on a major board shakeup ahead of IPO
NEW DELHI – Walmart-backed e-commerce giant, Flipkart Group has modified its board of directors before its plans to go public. Kalyan Krishnamurthy, CEO of Flipkart The Group will join the board starting next year along with other new directors including Keki Mistry, VC and HDFC CEO, two Walmart directors: Global …
Read More »ED attaches assets worth Rs 4,109 crore in the case of Agri Gold Ponzi scheme
NEW DELHI: The Enforcement Directorate (ED) has attached properties worth Rs 4,109 crore spread across multiple states in a money laundering case linked to an alleged Ponzi schemethe agency said Thursday. The case concerns the Agri Gold Group of Companies. Three promoters of the group were detained by the central …
Read More »Air India Pilots Reject 5% Reversal of Pay Cuts; asks to donate it for the construction of a new Parliament
NEW DELHI: Air india The (AI) pilots rejected a 5% reversal in their pay cut and asked management to “donate” the funds for the construction of the new Parliament. They have also warned of industrial action unless the pay cut is significantly reduced as air traffic begins to pick up. …
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