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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‘RBI’s measures to boost forex inflows may not increase inflows, but prevent speculative attacks’
Chennai: The Reserve Bank of India’s (RBI) move to relax regulations to boost foreign exchange inflows will not have any material…
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SpiceJet failed to establish safe air service, safety margin degraded: DGCA
Chennai: Holding that SpiceJet Ltd has failed to establish a safe air service due to degradation of safety margin in wake…
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France firm, Safran, to set up MRO in Hyderabad: KTR
Hyderabad: IT and Industries Minister KT Rama Rao has informed that a France based multinational company, Safran Group, has decided…
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Coal production goes up by 32.57% to 67.59 MT in June 22
New Delhi: The Ministry of Coal on Wednesday said that the coal production has gone up by 32.5 per cent approx…
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ED notices to CoinSwitch, CoinDCX; seeks info under FEMA
New Delhi: A few firms, including CoinSwitch and CoinDCX dealing in cryptocurrency have been asked by the Enforcement Directorate (ED) to…
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Sri Lanka to buy 500 buses from India
Colombo: The Sri Lankan government plans to import 500 buses under the Indian line of credit to be deployed under…
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Now Ola Electric’s charging network head quits
New Delhi: There is no stopping resignations at Ola Electric and now, Yashwant Kumar, who is Senior Director and Business Head…
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T.Raja Kumar takes over as FATF chief
New Delhi: T. Raja Kumar of Singapore has been appointed as the president of Financial Action Task Force (FATF), the anti-money…
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Import duty on gold increased, may not impact demand
Chennai: The increase in customs duty on gold will not have any major impact on the precious metal’s demand or the…
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Indian EV makers hail industry-wide GST rate cut
New Delhi: Electric vehicle (EV) manufacturers on Friday hailed the GST Council’s decision that EVs with or without battery pack will…
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Saudi Arabia launches aircraft leasing company
Riyadh: Saudi Arabia announced the founding of an aircraft leasing company named AviLease, as a way to diversify the kingdom’s oil-reliant…
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Cryptocurrencies are clear danger to financial systems: RBI Governor
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that cryptocurrencies are a clear danger to the…
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PM Modi launches several initiatives to strengthen MSME sector
New Delhi: Prime Minister Narendra Modi on Thursday launched several initiatives to raise and accelerate performance of the MSME sector. He…
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Modi inaugurates first smart campus of Bosch India in B’luru
Bengaluru: Prime Minister Narendra Modi on Thursday virtually inaugurated Bosch India’s first smart campus in Bengaluru built at a cost of…
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Modi to gift new projects to Varanasi in July
Varanasi: Varanasi will receive 13 new projects worth Rs 1,200 crore when Prime Minister Narendra Modi visits his parliamentary constituency in…
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Indian rupee slips to 78.68 against US Dollar
Chennai: The increasing global crude oil prices and inflation concern turned slippery for the Indian rupee as it went down against…
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Tata Motors to increase Commercial Vehicles Prices from July 1
Chennai: Come July 1, commercial vehicles of Tata Motors Ltd will turn costly as the company announced a price hike on…
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T-Hub facility in Hyderabad to give a huge boost to Indian Startup ecosystem: Ratan Tata
Hyderabad: Ratan Tata on Tuesday congratulated to the Telangana government for the launching of T-Hub phase-2. Taking on micro blogging…
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India continues to grapple with ‘severe and protracted power crisis’ after surge in coal prices
New Delhi: India is continuing to grapple with a “severe and protracted” power crisis after a sustained surge in global coal…
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Indian Banks to post larger increase in margins: Moody’s
Chennai: Credit rating agency Moody’s Investors Service on Monday said banks in India, Saudi Arabia and South Africa would post larger…
