Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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2.50L tonnes of onions procured to meet lean season demand
New Delhi: Onion prices in the upcoming lean season of the produce are unlikely to skyrocket as the Centre has procured…
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Vietjet to operate direct flight from Hyderabad to Vietnam
Hyderabad: VietJet, the new-age airline and an international low-cost airline from Vietnam, on Thursday announced to operate a direct flight…
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Spices, potatoes, tomatoes, chilies production estimated lower this year
New Delhi: Production of many important spices, potatoes, tomatoes and both red and green chillies is estimated to be less in…
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India’s June wholesale inflation eases to 15.18 pc
New Delhi: India’s wholesale inflation eased to 15.18 per cent in June, 2022 from 15.88 per cent in May, the…
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Protesting low salary, IndiGo, Go First technicians go on ‘sick leave’
Chennai: Continuing their protest against low salaries, the aircraft maintenance technicians (ATMs) of two airlines — IndiGo and Go First —…
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Time to review windfall tax on oil
Chennai: The fall in the crude oil prices as well as the refining margin for diesel, petrol and aviation turbine fuel,…
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Inflation in India to be about 5% by March 23
Chennai: The State Bank of India (SBI) expects the inflation in India to be about five per cent by March 23.…
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RBI fines Ola Financial Services over Rs 1.67 crore
Chennai: The Reserve Bank of India (RBI) on Tuesday fined Ola Financial Services Private Ltd over Rs 1.67 crore for non-compliance…
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Euro reaches parity with dollar for the first time in 20 years
Brussels: The euro and the dollar have reached parity for the first time in 20 years, signalling the market’s assumption that…
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Centre reminds to bring down prices, edible oil bodies say in 10-15 days
New Delhi: Almost a week after asking the edible oil associations to cut down on MRP by at least Rs 15…
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Rupee to trade in 78.75-80 band for dollar: Kotak Mahindra Bank
Chennai: The Indian rupee continues to be under pressure against the US dollar and would trade in the range Rs 78.75-80,…
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RBI aiming to de-dollarize global trade and the Indian economy
New Delhi: The RBI is aiming to de-dollarize global trade and the Indian economy, Motilal Oswal Financial Services said in a…
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Founders of crypto hedge fund Three Arrows Capital go missing
San Francisco: The founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) have vanished and the officials charged with liquidating…
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‘Edible oil price may touch new high this calendar year’
Rajkot/Ahmedabad: Edible oil price may touch a new high this calendar year, the Saurashtra Oil Millers Association (SOMA) said on Monday.…
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Nepal exports cement to India for 1st time
Kathmandu: For the first time, Nepal has started exporting cement to India. The official process began on Friday with Palpa Cement…
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Global EV shipments up 79% YoY in Q1, Tesla leads
New Delhi: With Tesla registering phenomenal growth over a year, the electric vehicle (EV) shipments grew 79 per cent year-on-year (YoY)…
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Philippines lowers GDP growth target for 2022
Manila: The Philippine government’s economic team has lowered gross domestic product (GDP) target for 2022 to 6.5 to 7.5 per cent…
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Lower price of edible oil by Rs 15, Centre tells associations
New Delhi: In view of the international prices of imported edible oils seeing a downward trend, the Centre has directed leading…
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MCD introduces uniform property tax rates
New Delhi: The Municipal Corporation of Delhi (MCD) has implemented new rates of property tax to bring uniformity in the rates…
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With licence to fly, Akasa Air to start operations this month
Chennai: India’s new airline, Akasa Air, on Thursday got its Air Operator Certificate (AOC) from the Directorate General of Civil Aviation…